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Palred Technologies NSEI:PALREDTEC Stock Report

Last Price

₹134.65

Market Cap

₹1.6b

7D

1.9%

1Y

-2.9%

Updated

02 May, 2024

Data

Company Financials

Palred Technologies Limited

NSEI:PALREDTEC Stock Report

Market Cap: ₹1.6b

PALREDTEC Stock Overview

Palred Technologies Limited, together with its subsidiaries, engages in the e-commerce business in India.

PALREDTEC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Palred Technologies Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Palred Technologies
Historical stock prices
Current Share Price₹134.65
52 Week High₹230.00
52 Week Low₹115.10
Beta0.96
1 Month Change-4.94%
3 Month Change-32.52%
1 Year Change-2.89%
3 Year Change0.11%
5 Year Change366.72%
Change since IPO3.38%

Recent News & Updates

Palred Technologies Limited (NSE:PALREDTEC) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 09
Palred Technologies Limited (NSE:PALREDTEC) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Even With A 28% Surge, Cautious Investors Are Not Rewarding Palred Technologies Limited's (NSE:PALREDTEC) Performance Completely

Jan 20
Even With A 28% Surge, Cautious Investors Are Not Rewarding Palred Technologies Limited's (NSE:PALREDTEC) Performance Completely

Is Palred Technologies (NSE:PALREDTEC) Using Too Much Debt?

Jan 13
Is Palred Technologies (NSE:PALREDTEC) Using Too Much Debt?

Recent updates

Palred Technologies Limited (NSE:PALREDTEC) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Mar 09
Palred Technologies Limited (NSE:PALREDTEC) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Even With A 28% Surge, Cautious Investors Are Not Rewarding Palred Technologies Limited's (NSE:PALREDTEC) Performance Completely

Jan 20
Even With A 28% Surge, Cautious Investors Are Not Rewarding Palred Technologies Limited's (NSE:PALREDTEC) Performance Completely

Is Palred Technologies (NSE:PALREDTEC) Using Too Much Debt?

Jan 13
Is Palred Technologies (NSE:PALREDTEC) Using Too Much Debt?

Fewer Investors Than Expected Jumping On Palred Technologies Limited (NSE:PALREDTEC)

Jul 04
Fewer Investors Than Expected Jumping On Palred Technologies Limited (NSE:PALREDTEC)

Does Palred Technologies (NSE:PALREDTEC) Have A Healthy Balance Sheet?

Sep 10
Does Palred Technologies (NSE:PALREDTEC) Have A Healthy Balance Sheet?

These 4 Measures Indicate That Palred Technologies (NSE:PALREDTEC) Is Using Debt Extensively

May 26
These 4 Measures Indicate That Palred Technologies (NSE:PALREDTEC) Is Using Debt Extensively

Palred Technologies (NSE:PALREDTEC) Has A Somewhat Strained Balance Sheet

Jan 19
Palred Technologies (NSE:PALREDTEC) Has A Somewhat Strained Balance Sheet

Shareholder Returns

PALREDTECIN ITIN Market
7D1.9%-1.0%1.2%
1Y-2.9%20.3%45.3%

Return vs Industry: PALREDTEC underperformed the Indian IT industry which returned 20.3% over the past year.

Return vs Market: PALREDTEC underperformed the Indian Market which returned 45.3% over the past year.

Price Volatility

Is PALREDTEC's price volatile compared to industry and market?
PALREDTEC volatility
PALREDTEC Average Weekly Movement9.5%
IT Industry Average Movement6.6%
Market Average Movement6.7%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.2%

Stable Share Price: PALREDTEC's share price has been volatile over the past 3 months.

Volatility Over Time: PALREDTEC's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1999n/aPalem Reddywww.palred.com

Palred Technologies Limited, together with its subsidiaries, engages in the e-commerce business in India. The company offers Bluetooth and wired headsets, wearables, Bluetooth speakers and sound bars, mobile accessories, cables and chargers, computer accessories, cameras and camera accessories, power banks etc. under pTron and Xmate brand names. It also owns and operates ecommerce websites, including ptron.in and LatestOne.com that sells tech and mobile accessories such as Bluetooth speakers and headsets, cables, power banks, smart watches, fashion accessories, etc. The company was formerly known as Four Soft Technologies Limited and changed its name to Palred Technologies Limited in January 2014.

Palred Technologies Limited Fundamentals Summary

How do Palred Technologies's earnings and revenue compare to its market cap?
PALREDTEC fundamental statistics
Market cap₹1.64b
Earnings (TTM)-₹37.92m
Revenue (TTM)₹1.25b

1.3x

P/S Ratio

-43.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PALREDTEC income statement (TTM)
Revenue₹1.25b
Cost of Revenue₹974.74m
Gross Profit₹279.19m
Other Expenses₹317.10m
Earnings-₹37.92m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 29, 2024

Earnings per share (EPS)-3.10
Gross Margin22.26%
Net Profit Margin-3.02%
Debt/Equity Ratio114.6%

How did PALREDTEC perform over the long term?

See historical performance and comparison
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