Risk factor
Very poor trading liquidity
Profitability factor
Modest margins and returns
About
Emkay Global Financial Services Limited, an Indian firm headquartered in Mumbai, was founded in 1995. Through its various subsidiaries, the company provides a comprehensive range of financial services across India, encompassing stock brokerage, investment banking, and both portfolio and wealth management. Its diverse offerings include institutional equity services, private wealth management, investment banking, commodity and currency derivatives trading, and retail broking. Furthermore, Emkay delivers holistic investment solutions such as portfolio development, strategic planning, ongoing monitoring, transactional and information support, and expert advisory services, along with estate and succession planning. The firm caters to a broad clientele, including institutional investors like mutual funds, hedge funds, banks, insurance companies, and private equity firms, as well as corporate entities, small and medium-sized enterprises (SMEs), and high-net-worth individuals. The company transitioned to its current name in June 2008, having previously operated as Emkay Share and Stock Brokers Private Limited.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, underpriced on P/FC.