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Newjaisa Technologies Ltd is an India-based tech firm that buys used IT hardware, refurbishes it to near-new condition, and sells laptops, desktops, monitors and accessories online at significant discounts. It’s a direct-to-consumer player focused on affordability and reducing e-waste, operating nationwide from Bengaluru and listed on NSE.
Newjaisa Tech major competitors are Biogen Pharmachem, Arman Holdings, Mishka Exim, Ganesha Ecoverse, Rajnish Retail, Vaxfab Enterprise, Hira Automobiles.
Market Cap of Newjaisa Tech is ₹59 Crs.
While the median market cap of its peers are ₹58 Crs.
Newjaisa Tech seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.