Latent View provides services to BFSI, Retail, Technology, CPG and other industry domains. Latent View Analytics launched its IPO on 23 november 2021.
Company was started in 2006 with data solution provider, Latent view analytics was micro niche business.
Latent view analytics refers to the analysis of latent or hidden patterns and insights within a dataset. It involves uncovering valuable information that may not be immediately apparent through traditional data analysis methods.
In the context of analytics, “latent view” refers to an underlying or hidden perspective of the data that can be extracted using advanced techniques such as machine learning, statistical modeling, or data mining. This approach aims to discover patterns, relationships, and trends that are not readily observable in the raw data.
Latent View Analytics Q1 Results Date 2024
Latent View Analytics announce its FY 23-24 Q1 results on 27 July, 2023. Company told exchanges about board of meeting on 16 june 2023.
Company haven’t announce any dividend yet from incorporated. Last quarterly company’s net profit dip to 35 crores from 52 crores in last Q3 FY 22-23.
Company post both standalone and consolidated results on 27 july 2023. Generally any company post unaudited results first then they audit it.
When Stock Give Breakout ?
Stock listed at BSE with 530 per share gain which was 169 percent from ipo price. But from last feb 2022 stock was in consolidated phase, stock take a strong support at 314 and having resistance at 430.
Due to weak financial results was was in consolidated zone, currently stock have 6,500 crores of market cap and having price to earning ratio of 45 which is higher compared to its peer.
Stock have cash from operation is not growing in FY19 stock have 64 crores operating cash to increases to 97 crores in fy22-23.
When stock show low PE and break its resistance then stock will touch 600 levels within months.