Cera Sanitary Standalone June 2024 Net Sales at Rs 8.01 crore, down 6.83 percent Y-o-Y - Moneycontrol
| CERA Stock | 7,218 21.45 0.30% |
Slightly above 62% of Cera Sanitaryware's investor base is looking to short. The analysis of overall sentiment of trading Cera Sanitaryware Limited stock suggests that many investors are alarmed at this time. Cera Sanitaryware's investing sentiment can be driven by a variety of factors including economic data, Cera Sanitaryware's earnings reports, geopolitical events, and overall market trends.
Cera Sanitaryware stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Cera daily returns and investor perception about the current price of Cera Sanitaryware Limited as well as its diversification or hedging effects on your existing portfolios.
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Cera Sanitary Standalone June 2024 Net Sales at Rs 8.01 crore, down 6.83 percent Y-o-Y Moneycontrol
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Cera Sanitaryware Fundamental Analysis
We analyze Cera Sanitaryware's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cera Sanitaryware using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cera Sanitaryware 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.
Return On Equity
Return On Equity Comparative Analysis
Cera Sanitaryware is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Cera Sanitaryware 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 Cera Sanitaryware stock to make a market-neutral strategy. Peer analysis of Cera Sanitaryware could also be used in its relative valuation, which is a method of valuing Cera Sanitaryware by comparing valuation metrics with similar companies.
Peers
Cera Sanitaryware Related Equities
| GATECHDVR | GACM Technologies | 2.33 | ||||
| TBZ | Tribhovandas Bhimji | 0.84 | ||||
| COSMOFIRST | COSMO FIRST | 0.84 | ||||
| ARVIND | Arvind | 0.62 | ||||
| CHEMCON | Chemcon Speciality | 0.58 | ||||
| RICOAUTO | Rico Auto | 0.39 | ||||
| HEUBACHIND | Heubach Colorants | 0.18 | ||||
| PARAGMILK | Parag Milk | 0.09 | ||||
| KINGFA | Kingfa Science | 0.61 | ||||
| DELTAMAGNT | Delta Manufacturing | 2.39 |
Additional Tools for Cera Stock Analysis
When running Cera Sanitaryware's price analysis, check to measure Cera Sanitaryware'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 Cera Sanitaryware is operating at the current time. Most of Cera Sanitaryware's value examination focuses on studying past and present price action to predict the probability of Cera Sanitaryware's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cera Sanitaryware's price. Additionally, you may evaluate how the addition of Cera Sanitaryware to your portfolios can decrease your overall portfolio volatility.