Ashapura Minechem consolidated net profit declines 25.28 percent in the September 2024 quarter - Business Standard
| ASHAPURMIN | 343.65 18.05 4.99% |
Slightly above 62% of Ashapura Minechem's investor base is looking to short. The current sentiment regarding investing in Ashapura Minechem Limited stock implies that many traders are alarmed. Ashapura Minechem's investing sentiment overview a quick insight into current market opportunities from investing in Ashapura Minechem Limited. Many technical investors use Ashapura Minechem stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ashapura Minechem stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Ashapura daily returns and investor perception about the current price of Ashapura Minechem Limited as well as its diversification or hedging effects on your existing portfolios.
Ashapura |
Ashapura Minechem consolidated net profit declines 25.28 percent in the September 2024 quarter Business Standard
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Ashapura Minechem Fundamental Analysis
We analyze Ashapura Minechem's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashapura Minechem using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashapura Minechem 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.
Current Valuation
Current Valuation Comparative Analysis
Ashapura Minechem is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Ashapura Minechem 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 Ashapura Minechem stock to make a market-neutral strategy. Peer analysis of Ashapura Minechem could also be used in its relative valuation, which is a method of valuing Ashapura Minechem by comparing valuation metrics with similar companies.
Peers
Ashapura Minechem Related Equities
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| INDIANCARD | Indian Card | 1.99 | ||||
| BFINVEST | BF Investment | 3.05 | ||||
| TIINDIA | Tube Investments | 3.21 | ||||
| CLEAN | Clean Science | 3.33 | ||||
| ELGIRUBCO | Elgi Rubber | 3.83 | ||||
| DHUNINV | Dhunseri Investments | 4.57 |
Additional Tools for Ashapura Stock Analysis
When running Ashapura Minechem's price analysis, check to measure Ashapura Minechem'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 Ashapura Minechem is operating at the current time. Most of Ashapura Minechem's value examination focuses on studying past and present price action to predict the probability of Ashapura Minechem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashapura Minechem's price. Additionally, you may evaluate how the addition of Ashapura Minechem to your portfolios can decrease your overall portfolio volatility.