Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
Palred Technologies Limited, based in Hyderabad, India, is a company with diverse operations spanning e-commerce, information technology, and media and entertainment. Within its IT division, the firm provides middleware and master data management services. It manages several online platforms, including LatestOne.com, an e-commerce site focused on selling tech and mobile accessories such as Bluetooth devices, cables, power banks, and smartwatches. Another digital venture, Saverable.com, facilitates access to banking products, insurance plans, and various loan options. Additionally, the company operates Great indian t.com, an online entertainment portal for video uploads, and supplies system and process solutions to media and entertainment enterprises. Originally incorporated in 1999 as Four Soft Technologies Limited, the company rebranded to Palred Technologies Limited in January 2014.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is overvalued on P/FCF.