---
title: "India Securities Ltd (Merged) (INDIASEC) — Share Price, Financials & Analysis"
symbol: "INDIASEC"
company: "India Securities Ltd (Merged)"
canonical: "https://tapetide.com/stocks/INDIASEC"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T19:15:10.623Z"
---

# India Securities Ltd (Merged) (INDIASEC)

Canonical page: https://tapetide.com/stocks/INDIASEC

## Company

- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** DELISTED
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** essar.com

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.04 times its book value

### Weaknesses

- Company has low interest coverage ratio.

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 |
| --- | --- |
| Sales | -236 |
| Expenses | 489 |
| Operating Profit | -725 |
| Other Income | 2 |
| Interest | 2 |
| Depreciation | 1 |
| Profit before tax | -725 |
| Tax % | -1 |
| Net Profit | -714 |
| EPS in Rs | -358 |
| Dividend Payout % | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 |
| --- | --- |
| Equity Capital | 88 |
| Reserves | 2704 |
| Borrowings | 1720 |
| Other Liabilities | 815 |
| Total Liabilities | 5326 |
| Fixed Assets | 24 |
| CWIP | 0 |
| Investments | 5279 |
| Other Assets | 23 |
| Total Assets | 5326 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 |
| --- | --- |
| Cash from Operating Activity | 52 |
| Cash from Investing Activity | 4046 |
| Cash from Financing Activity | -4093 |
| Net Cash Flow | 6 |
| Free Cash Flow | 4 |
| CFO/OP | -7 |

### Ratios

| Item | Mar 2011 |
| --- | --- |
| Debtor Days | -1 |
| Inventory Days | 0 |
| Cash Conversion Cycle | -1 |
| Working Capital Days | 10 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 71.6 | Sell |
| EMA (10) | 69.62 | Sell |
| SMA (20) | 68.09 | Sell |
| EMA (20) | 67.56 | Sell |
| SMA (50) | 60.99 | Buy |
| EMA (50) | 61.55 | Buy |
| SMA (100) | 53.24 | Buy |
| EMA (100) | 56.01 | Buy |
| SMA (200) | 47.98 | Buy |
| EMA (200) | 52.14 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.45 | Neutral |
| MACD (12,26,9) | 3.22 | Sell |
| Stochastic (14,3,3) | 24.93 | Neutral |
| ADX (14) | 20.05 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 4.04 | High Volatility |
| ROC (12) | -8.37 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 40.92 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/500204/5002040311.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:15:10.623Z.