Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
First Fintec Limited engages in the business of information technology (IT) and information technology enabling software development services in India. It is involved in mergers, acquisitions, fundraising transactions, and investing and managing companies, as well as special purpose acquisition company transactions. The company also provides industrial and financial research covering various sectors, businesses, and companies under the Firstcall Research brand. In addition, it offers e-learning content covering digital content solutions from nursery to class 10 and various higher education segments. First Fintec Limited was formerly known as Firstobject Technologies Limited. The company was incorporated in 2000 and is based in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers.