ASK Automotive shares tumble 5 percent as Rs 516 crore OFS opens for non-retail investors - The Economic Times
| ASKAUTOLTD | 454.95 4.60 1.02% |
About 50% of ASK AUTOMOTIVE's investors are presently thinking to get in. The analysis of overall sentiment of trading ASK AUTOMOTIVE LIMITED stock suggests that some investors are interested at this time. ASK AUTOMOTIVE's investing sentiment overview a quick insight into current market opportunities from investing in ASK AUTOMOTIVE LIMITED. Many technical investors use ASK AUTOMOTIVE stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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ASK Automotive shares tumble 5 percent as Rs 516 crore OFS opens for non-retail investors The Economic Times
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ASK AUTOMOTIVE Fundamental Analysis
We analyze ASK AUTOMOTIVE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASK AUTOMOTIVE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASK AUTOMOTIVE 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
ASK AUTOMOTIVE 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.
ASK AUTOMOTIVE 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 ASK AUTOMOTIVE stock to make a market-neutral strategy. Peer analysis of ASK AUTOMOTIVE could also be used in its relative valuation, which is a method of valuing ASK AUTOMOTIVE by comparing valuation metrics with similar companies.
Peers
ASK AUTOMOTIVE Related Equities
| LICI | Life Insurance | 5.00 | ||||
| SASKEN | Sasken Technologies | 4.05 | ||||
| ATFL | Agro Tech | 1.86 | ||||
| SBILIFE | SBI Life | 0.64 | ||||
| RADIOCITY | Music Broadcast | 0.64 | ||||
| UNIVAFOODS | Univa Foods | 0.00 | ||||
| MEGASTAR | Megastar Foods | 2.07 | ||||
| PALREDTEC | Palred Technologies | 2.41 |
Other Information on Investing in ASK Stock
ASK AUTOMOTIVE financial ratios help investors to determine whether ASK Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASK with respect to the benefits of owning ASK AUTOMOTIVE security.