A leading fintech solutions provider’s shares edged higher after announcing a bonus share issuance next week. The company, known for its algorithmic trading solutions, has set January 8 as the record date for distributing bonus equity shares in a 1:2 ratio to eligible shareholders, boosting investor confidence.
Share Price Movement
Algoquant Fintech Limited has given a yearly return of 33.462 percent and in the last five years the share has given a multibagger return of 22,312 percent. Currently the share is trading at Rs. 1,477 per share on Friday, a decrease from its previous close of Rs. 1,487.45 per share. The market capitalisation now stands at approximately Rs. 2,153 crore as of January 03, 2025.
Bonus issue
Algoquant Fintech Limited announced that January 8, 2025, will be the record date to determine the list of shareholders eligible for bonus equity shares, with a 1:2 ratio.
Opportunities
- A favourable long-term economic outlook boosts growth in financial services.
- Increasing disposable income directed toward financial services creates opportunities for growth.
- Strong tech expertise: They offer advanced solutions like algorithmic trading, risk monitoring, and digitalised processes, enhancing efficiency and innovation.
Threats
- Economic slowdowns may dampen investor sentiment and business activity.
- Shifts in market dynamics make other assets more attractive to investors.
Segment / Product Performance
The company specialises in technology-driven trading of securities and financial instruments. We are leaders in low-risk arbitrage and high-frequency trading in Indian capital markets, operating without segment-specific distribution.
Financial Highlights
According to its recent filing, in the quarter ending September 2024, Algoquant Fintech’s consolidated revenue from operations has increased by 96 percent YOY from Rs. 11.06 crore in Q2 FY24 to Rs. 21.77 crore in Q2 FY25 and increased by 33.4 percent QoQ from Rs. 16.32 crore in Q4 FY24.
The company’s consolidated net profit has increased 167 percent YoY from Rs. 0.43 crore in Q2 FY24 to Rs. 1.15 crore in Q2 FY25. As compared to the last quarter of 2025, the company’s net profit has decreased by 24.83 percent QoQ from Rs. 1.53 crore.
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Market Outlook
India’s financial services sector is experiencing rapid growth and innovation. The mutual fund industry’s AUM surged sixfold from 2014 to 2024, reaching Rs. 64.97 trillion. By 2025, the insurance sector’s investment corpus may hit US$ 1 trillion.
Additionally, with over 2,100 fintech firms, India is emerging as a leading digital market. Innovations like digital gold and the proposed digital further enhance financial accessibility, while multichannel integration expands the reach of services nationwide, driving robust sectoral growth.
Shareholding Pattern
As of the September 2024 shareholding pattern, Algoquant Fintech Limited is primarily held by the promoters at 65.91 percent, foreign institutional investors hold 5.51 percent, and the public with 28.49 percent.
About Company
Algoquant Fintech Limited, based in Ahmedabad, Gujarat, is a leader in algorithmic trading and derivatives arbitrage. Originally established as Hindustan Everest Tools Limited on January 25, 1962, it rebranded to focus on fintech innovations. The company excels in hedged derivatives arbitrage, leveraging advanced algorithms and cutting-edge technology for precise and efficient trading strategies. With a strong foundation in mathematics and economics, Algoquant develops robust systems for trade management and risk assessment.
Under the leadership of Managing Director Devansh Gupta and Director Dhruv Gupta, a CFA Level 3 candidate, Algoquant seamlessly integrates technology and finance. Constantly adapting to market trends and technological advancements, Algoquant Fintech Limited is a forward-thinking company poised to redefine the future of algorithmic trading in India.
Fazal Ul Vahab C H
Disclaimer
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