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Stock of the day
Findi Limited
Findi's share price faces turbulence as the company addresses legal challenges and financial complexities, causing analysts to advise caution for potential investors.
(AI video summary)
This video was created on 10 October 2025 for IG audiences by ausbiz.
ASX code: FND
Findi faces market volatility amid legal and structural concerns
Findi's share price has seen a slight uptick as it responds to an Australian Securities Exchange (ASX) query. The company plans legal action against a former vice chairman of its Indian subsidiary for inflammatory social media comments. Despite assurances of an update by month's end, the share price has dropped 37% year-to-date, raising revenue concerns.
Investment outlook
Analysts highlight too many red flags for comfort, questioning the business model, balance sheet, and management. They find the opportunity in India's market tempting but are wary of the complex, high-risk capital structure.
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