Shipwaves Online

Which are the latest news on Shipwaves Online?

Why is Shipwaves Online Ltd falling/rising?

As of 05-Sep, Shipwaves Online Ltd's stock price is rising to 3.57, up 3.18% and outperforming its sector. Despite a year-to-date decline of 50.55%, recent gains and a trend reversal indicate a short-term bullish outlook.

As of 05-Sep, Shipwaves Online Ltd's stock price is rising, currently at 3.57, reflecting an increase of 0.11 or 3.18%. This upward movement is notable as the stock has outperformed its sector by 3.37% today. Additionally, the stock has experienced a trend reversal, gaining after two consecutive days of decline. <BR><BR>In terms of performance over the past week, Shipwaves Online Ltd has increased by 0.56%, while the benchmark Sensex has decreased by 0.97%. Over the past month, the stock has shown a significant rise of 13.33%, contrasting with a decline of 2.44% in the Sensex. <BR><BR>Despite these positive short-term movements, it's important to note that the stock has a year-to-date decline of 50.55%, which is considerably worse than the Sensex's decline of 10.21%. However, the current price is higher than the 5-day, 20-day, and 50-day moving averages, indicating a short-term bullish trend, although it remains below the 100-day and 200-day moving averages.<BR><BR>Investor participation has seen a decline, with delivery volume falling by 10.71% against the 5-day average, which may suggest caution among investors. Nevertheless, the stock remains liquid enough for trading purposes. Overall, the combination of recent gains, sector outperformance, and a trend reversal contributes to the current rise in Shipwaves Online Ltd's stock price.

What does Shipwaves Online do?

Shipwaves Online Ltd is a micro-cap software company incorporated in 2015, recently converted to a public limited company in 2022, with no reported sales or profits for the latest quarter and a market cap of INR 50 Cr. Key metrics include a P/E ratio of 13.00 and a return on equity of 4.19%.

Overview: <BR>Shipwaves Online Ltd operates in the software products industry and is categorized as a micro-cap company.<BR><BR>History: <BR>Shipwaves Online Ltd was incorporated in 2015 as "Shipwaves Online Private Limited" and later converted to a public limited company, changing its name to "Shipwaves Online Limited" in November 2022. There is no sales or profit data reported for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 50 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 13.00 <BR>Industry P/E: 22 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.18 <BR>Return on Equity: 4.19% <BR>Price to Book: 0.59 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Shipwaves Online?

Peers of Shipwaves Online include BITS, Kati Patang Life, Icodex Publish, Odyssey Tech, B2B Soft.Tech, Netlink Solns(I), TeleCanor Global, IEC Education, and Olatech Solution. Icodex Publish shows excellent management and growth, while TeleCanor Global has the highest 1-year return at 144.11%, and Kati Patang Life has the lowest at -33.65%.

Peers: The peers of Shipwaves Online are BITS, Kati patang Life, Icodex Publish., Odyssey Tech., B2B Soft.Tech., Netlink Solns(I), TeleCanor Global, IEC Education, Olatech Solution.<BR><BR>Quality Snapshot: Excellent management risk is observed at Icodex Publish. and Olatech Solution, while Good management risk is found at BITS and the rest. Average management risk is present at Odyssey Tech., B2B Soft.Tech., and Netlink Solns(I). Below Average management risk is noted at Kati patang Life, while TeleCanor Global and IEC Education do not qualify. Growth is Excellent at Icodex Publish., Good at Olatech Solution, and Average at Odyssey Tech. and B2B Soft.Tech., with Below Average growth at Kati patang Life, and the rest. Capital Structure is Excellent at Icodex Publish., Good at BITS, Odyssey Tech., B2B Soft.Tech., and Olatech Solution, while Below Average is noted at Kati patang Life and Netlink Solns(I), with TeleCanor Global and IEC Education not qualifying.<BR><BR>Return Snapshot: The peer with the highest 1-year return is TeleCanor Global at 144.11%, while Kati patang Life has the lowest at -33.65%. Shipwaves Online's 1-year return is not available for comparison. Additionally, Kati patang Life, Odyssey Tech., and Netlink Solns(I) have negative six-month returns.