Risk factor
Very poor trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Headquartered in Mumbai, India, and founded in 2016, VL E-Governance & IT Solutions Limited specializes in delivering system integration and IT-enabled services for e-governance initiatives across India. The company's operations are divided into two main segments: its E-Governance & IT/ITES Business and the Vakrangee Kendra Business. Within the Vakrangee Kendra segment, it manages a network of "Nextgen Vakrangee Kendras," which are physical retail outlets serving last-mile communities. These centers provide a range of crucial services including banking, financial services, and insurance (BFSI), ATM access, assisted e-commerce, telemedicine, online pharmacy, and logistics solutions. Furthermore, the company operates a business-to-consumer (B2C) e-commerce mobile digital platform and offers courier booking facilities.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.