Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Headquartered in Ahmedabad, India, Aakash Exploration Services Limited, established in 2007, offers essential support services for the extraction of oil and natural gas within India. The company deploys a comprehensive fleet of specialized equipment for these operations, including mobile workover rigs, hot oil circulation units, heating units, indirect bath heaters, mobile sucker rod pumping units, utility services for return lines, mobile steaming units, mobile high-pressure air compressors, mobile high and low-pressure pumping units, and FRAC/insulated tanks.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EB