Buy FSN E-Commerce Ventures, target price Rs 250: JM Financial

JM Financial has buy call on FSN E-Commerce Ventures with a target price of Rs 250. The current market price of FSN E-Commerce Ventures is Rs 216.6.

FSN E-Commerce Ventures Ltd., incorporated in the year 2012, is a Small Cap company (having a market cap of Rs 61516.17 Crore) operating in Services sector.

FSN E-Commerce Ventures Ltd. key Products/Revenue Segments include E-Commerce for the year ending 31-Mar-2023.



Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 1753.44 Crore, up 4.68 % from last quarter Total Income of Rs 1675.04 Crore and up 22.74 % from last year same quarter Total Income of Rs 1428.54 Crore. Company reported net profit after tax of Rs 14.24 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 52.2 per cent stake in the company as of 30-Jun-2024, while FIIs owned 10.48 per cent, DIIs 18.29 per cent.