Delta Manufacturing reports consolidated net loss of Rs 2.91 crore in the June 2024 quarter - Business Standard
| DELTAMAGNT | 94.87 0.72 0.76% |
About 51% of Delta Manufacturing's investor base is interested to short. The analysis of overall sentiment of trading Delta Manufacturing Limited stock suggests that many investors are impartial at this time. The current market sentiment, together with Delta Manufacturing's historical and current headlines, can help investors time the market. In addition, many technical investors use Delta Manufacturing stock news signals to limit their universe of possible portfolio assets.
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Delta Manufacturing reports consolidated net loss of Rs 2.91 crore in the June 2024 quarter Business Standard
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Delta Manufacturing Fundamental Analysis
We analyze Delta Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Delta Manufacturing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Delta Manufacturing 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Delta Manufacturing is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Delta Manufacturing 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 Delta Manufacturing stock to make a market-neutral strategy. Peer analysis of Delta Manufacturing could also be used in its relative valuation, which is a method of valuing Delta Manufacturing by comparing valuation metrics with similar companies.
Peers
Delta Manufacturing Related Equities
| KNRCON | KNR Constructions | 2.65 | ||||
| SHYAMMETL | Shyam Metalics | 1.38 | ||||
| TEAMLEASE | Teamlease Services | 0.1 | ||||
| HISARMETAL | Hisar Metal | 0.08 | ||||
| PNC | Pritish Nandy | 0.03 | ||||
| MANAKCOAT | Manaksia Coated | 1.48 |
Complementary Tools for Delta Stock analysis
When running Delta Manufacturing's price analysis, check to measure Delta Manufacturing'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 Delta Manufacturing is operating at the current time. Most of Delta Manufacturing's value examination focuses on studying past and present price action to predict the probability of Delta Manufacturing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Delta Manufacturing's price. Additionally, you may evaluate how the addition of Delta Manufacturing to your portfolios can decrease your overall portfolio volatility.
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