Buy FSN E-Commerce Ventures, target price Rs 1730: JM Financial

JM Financial has buy call on FSN E-Commerce Ventures with a target price of Rs 1730. The current market price of FSN E-Commerce Ventures is Rs 1425.65. Time period given by analyst is one year when FSN E-Commerce Ventures Ltd. price can reach defined target.

FSN E-Commerce Ventures Ltd., incorporated in the year 2012, is a Small Cap company (having a market cap of Rs 67607.36 Crore) operating in Services sector.

FSN E-Commerce Ventures Ltd. key Products/Revenue Segments include E-Commerce for the year ending 31-Mar-2021.



Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 984.46 Crore, down -10.85 % from last quarter Total Income of Rs 1104.27 Crore and up 32.16 % from last year same quarter Total Income of Rs 744.92 Crore. Company reported net profit after tax of Rs 7.58 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 52.43 per cent stake in the company as of 31-Mar-2022, while FIIs owned 5.98 per cent, DIIs 3.13 per cent.