Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Ajcon Global Services Limited, together with its subsidiaries, provides financial services in India. The company offers equity, futures and options, currency, commodity, equity research, depository, investment and merchant banking, portfolio analysis, corporate advisory, financial crime training, home finance and loan against property, as well as e-IPO, mutual fund distribution, and knowledge room services. It is also involved in NBFC activities. The company was formerly known as Ajcon Capital Markets Ltd. and changed its name to Ajcon Global Services Limited in March 2003. Ajcon Global Services Limited was incorporated in 1986 and is headquartered in Mumbai, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.