Alankit Limited was selected to be a GST - goods and service tax Suvidha provider. Ankit Agarwal, Managing Director (MD) of the company said that this was a logical extension of the already established business of direct tax compliance. In an interview with the media, Agarwal said that the company had a 40 per cent market share in the direct tax compliance and presumed to have the same estimation in the GST space as well.
Alankit share price rallied 8.5 per cent intraday on the back of this news. The share price opened at Rs 60.75 from a previous closing of Rs 59.70. The company has a market cap which amounts to Rs 426.73 (Cr) (as on 12th Dec’ 16) while its book value stands at Rs 4.70. It belongs to the Financial Services Sector.
Key Financial Ratios:
According to Dynamic Levels analysts and researchers, Alankit belongs to the top 500 shares set for this quarter. It is a good stock for investment and Dynamic Levels market analysts and experts expect good returns from it. The stock has both strong financials and fundamentals.
Important Fundamentals:
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Alankit share price history.
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