Ranagang

vedavaag Target 130

Long
Ranagang Updated   
BSE:VEDAVAAG   VEDAVAAG SYSTEMS LTD.
Vedavaag Buy Cmp 80 Target 130-150 in next 6 month
Vedavaag EPS 7.2 vs 3.81 yoy. profit 10.26 cr vs 5.34 cr.
HNI Investor @porinju holding 1.5 lakh shares
Aadhaar mandatory for school kids too! Visit your bank to speed up process
Govt has asked states to complete Aadhaar enrollment of school children by August 31 more business comes to Vedavaag

Considering a monthly profit of Rs 2500 ( after 70% to the Franchise and all operating costs ) for 1 CSC of Vedavaag.

=2500x12
=30000/ year

Considering that we expect a 10% return on investment amount while valuing a single CSC. The Valuation will be (30000/10) x 100 = 3L / CSC

Now Vedavaag has 2000 CSC. So 3L x 2000 = 60 Cr. Company is now valued at 60cr. So we are getting the projects division for free.
Comment:
News- government will open 5000 service centre in UP for food supply to citizens and 10000 csc in country.. positive for vedavaag

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