FSN E-Commerce Ventures Shares: Buy FSN E-Commerce Ventures, Target Price Rs.230: JM Financial

JM Financial has issued a buy call on FSN E-Commerce Ventures with a target price of Rs 230. The current market price of FSN E-Commerce Ventures is Rs.175.5.

FSN E-Commerce Ventures Ltd., incorporated in 2012, is a small cap company (with a market capitalization of Rs 48,854.49 crore) operating in the services sector.

FSN E-Commerce Ventures Ltd.’s key product/revenue segments include e-commerce for the year ending March 31, 2023. Financial
For the quarter ended March 31, 2024, the company reported a consolidated comprehensive income of Rs 1,675.04 crore, down 6.75% over the last quarter Total income of Rs 1,796.38 crore and an increase of 27.72% compared to last year in the same quarter Total income of Rs 1,311.46 crore. In the last quarter, the company reported a net profit after tax of Rs 9.74 crore. Promoter/FII Holdings
As on March 31, 2024, promoters held 52.22% stake in the company, FII 10.32%, DII 17.16%.