Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Ekansh Concepts Limited provides engineering, procurement, and construction facilities for infrastructure projects in India. The company offers its facilities for infrastructure projects, such as roads, bridges, tunnels, pipelines, runways, and highway projects, as well as housing, water supply and sanitation, solid waste management, water management, public financial reforms, and urban development and sustainability projects. It also offers consulting services, including feasibility studies; detailed project reports; project management consultancy; and independent engineer services to government and PSU's clients. The company was formerly known as Paramone Concepts Limited and changed its name to Ekansh Concepts Limited in June 2022. Ekansh Concepts Limited was incorporated in 1992 and is headquartered in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.