3M Indias Q3 net up 66 percent at 113 crore - BusinessLine

3MINDIA Stock   30,686  618.95  1.98%   
About 62% of 3M India's investor base is looking to short. The analysis of overall sentiment of trading 3M India Limited stock suggests that many investors are alarmed at this time. The current market sentiment, together with 3M India's historical and current headlines, can help investors time the market. In addition, many technical investors use 3M India Limited stock news signals to limit their universe of possible portfolio assets.
  
3M Indias Q3 net up 66 percent at 113 crore BusinessLine

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3M India Fundamental Analysis

We analyze 3M India's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M India using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M India based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Price To Sales

Price To Sales Comparative Analysis

3M India is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

3M India Limited Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 3M India stock to make a market-neutral strategy. Peer analysis of 3M India could also be used in its relative valuation, which is a method of valuing 3M India by comparing valuation metrics with similar companies.

Peers

3M India Related Equities

ARVINDArvind   3.34   
0%
60.0%
COSMOFIRSTCOSMO FIRST   2.19   
0%
39.0%
PARAGMILKParag Milk   2.10   
0%
37.0%
RICOAUTORico Auto   1.78   
0%
32.0%
KINGFAKingfa Science   0.88   
0%
15.0%
DELTAMAGNTDelta Manufacturing   0.76   
0%
13.0%
CHEMCONChemcon Speciality   0.32   
0%
5.0%
HEUBACHINDHeubach Colorants   0.16   
0%
2.0%
TBZTribhovandas Bhimji   0.96   
17.0%
0%
GATECHDVRGACM Technologies   5.56   
100.0%
0%

Complementary Tools for 3MINDIA Stock analysis

When running 3M India's price analysis, check to measure 3M India's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M India is operating at the current time. Most of 3M India's value examination focuses on studying past and present price action to predict the probability of 3M India's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M India's price. Additionally, you may evaluate how the addition of 3M India to your portfolios can decrease your overall portfolio volatility.
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