New Risk • Aug 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Market cap is less than US$10m (₹103.1m market cap, or US$1.18m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). New Risk • Jan 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (9.0% average weekly change). Market cap is less than US$10m (₹109.3m market cap, or US$1.27m). New Risk • Sep 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Market cap is less than US$10m (₹138.7m market cap, or US$1.65m). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). New Risk • Dec 01
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$10m (₹480.5m market cap, or US$5.77m). Minor Risk Negative equity (-₹1.4b). New Risk • Aug 11
New major risk - Financial data availability The company's latest financial reports are more than a year old. Last reported fiscal period ended June 2022. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2022 fiscal period end). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (₹430.1m market cap, or US$5.19m). Minor Risk Negative equity (-₹1.4b). 공시 • Jun 05
Reliance Retail, 6 Others Give EoIs for Future Firm Reliance Retail Limited and six other prospective bidders have submitted expressions of interest (EoIs) for Future Supply Chain Solutions Limited (FSCS), a Future Group firm that is under insolvency proceedings. One City Infrastructure, Globe Ecologistics Private Limited, The Shanti G.d. Ispat And Power Private Limited, Camions Logistics Solutions Pvt. Ltd., Tatkal Loan India and Sugna Metals are the other firms in the fray. The resolution professional is verifying the EoIs, FSCS said in a stock exchange update. The resolution professional will submit the final list of the prospective resolution applicants on June 14, 2023 it added. FSCS, which was admitted to bankruptcy proceedings by the National Company Law Tribunal's Mumbai bench earlier this year, used to manage Future Group's warehousing and logistics requirements. The company was admitted to bankruptcy on a petition filed by DHL Ecommerce (India), alleging default in payments. Two other operational creditors – Best Roadways and Leap India – had also moved the National Company Law Tribunal. Earlier on June 2, Future Lifestyle Fashions (FLFL), another Future Group firm that is under insolvency proceedings, received claims totaling INR 21.5553 billion from 12 financial creditors including from the State Bank of India. Of the total, INR 21.17 billion have been admitted, while claims worth INR 0.385 billion are under verification. Apart from SBI, Centbank Financial Services, Bank of India (BoI), Bank of Baroda (BoB), IDBI Bank, HSBC and HDFC Bank are among the 12 financial creditors who have staked claims, it said in a stock update. On May 4, NCLT's Mumbai bench had admitted FLFL for a corporate insolvency resolution process (CIRP) following a petition filed by Bank of India after payment defaults. The tribunal also appointed Ravi Sethia as the resolution professional. 