One of the micro-cap IT stocks engaged in offering business process management services to companies in the insurance, e-commerce, education, and travel sectors. The stock has hit a 5 percent upper circuit after company’s board sets record date for 1:5 stock split
Stock Price Movement
With a market capitalization of Rs. 303.32 crores, the shares of Enser Communications Limited’s stock surged by 5 percent, reaching an upper circuit of Rs. 184.25 per share on Tuesday, up from its previous closing price of Rs. 175.50 per share. Since then, the stock has retreated and is currently trading at Rs. 1,74 per equity share.
What Happened
Enser Communications Limited has set the record date for February 7, 2025, for the sub-division or stock split of its equity shares. The company will split each share with a face value of Rs. 10 into five shares with a face value of Rs. 2 each. Only shareholders registered as of the record date will be eligible to benefit from the stock split.
Recent Developments
Enser Communications has partnered with Teckinfo Solutions to develop “Touchpoint,” a cloud-based platform designed for SMEs. The platform offers scalable CRM solutions for customer acquisition, service, and retention.
Additionally, Enser has expanded into South India with a new service unit in Chennai, enhancing service delivery, operational efficiency, and market presence.
Strategic Expansion
Enser Communications Limited has initiated key strategic expansions, including a state-of-the-art service unit in Jaipur with enhanced capabilities, expansion into digital marketing, data centers, and cybersecurity, and a new service unit in Chennai.
Additionally, Enser formed a strategic partnership with Global Arc LLC to strengthen its international presence, particularly in the UAE and emerging markets.
Also read….
Recent quarter results and ratios
Enser Communications Limited’s revenue has increased from Rs. 18.09 crore in H1 FY24 to Rs. 39.02 crore in H1 FY25, which has grown by 115.70 percent. The net profit of Enser Communications Limited has also grown by 126.64 percent, from Rs. 2.14 crore in H1 FY24 to Rs. 4.85 crore in H1 FY25.
Enser Communications Limited’s revenue and net profit have grown at a CAGR of 64.50 percent and 123.61 percent, respectively, over the last two years.
In terms of return ratios, the company’s ROCE and ROE should be 37.5 percent and 34.7 percent, respectively. The debt-to-equity ratio of the company is to be 0.23x, which shows the company is almost debt-free. Enser Communications Limited’s EPS is to be Rs. 4.63.
Company Overview
Enser Communications Limited was founded in 2008 and specializes in business process management (BPM) services. The company offers call center operations, outsourcing, database management, and IT solutions for industries such as insurance, e-commerce, education, and travel. It focuses on delivering tailored services to enhance business efficiency.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!
