Hindustan Zinc tanks 8 percent as OFS offering 3.2 percent stake at discounted price opens - Moneycontrol
| HINDZINC | 504.60 10.55 2.14% |
About 55% of Hindustan Zinc's investors are presently thinking to get in. The current sentiment regarding investing in Hindustan Zinc Limited stock implies that some traders are interested. Hindustan Zinc's investing sentiment overview a quick insight into current market opportunities from investing in Hindustan Zinc Limited. Many technical investors use Hindustan Zinc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Hindustan |
Hindustan Zinc tanks 8 percent as OFS offering 3.2 percent stake at discounted price opens Moneycontrol
Read at news.google.com
 |
Hindustan Zinc Fundamental Analysis
We analyze Hindustan Zinc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hindustan Zinc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hindustan Zinc 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
Hindustan Zinc 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.
Hindustan Zinc 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 Hindustan Zinc stock to make a market-neutral strategy. Peer analysis of Hindustan Zinc could also be used in its relative valuation, which is a method of valuing Hindustan Zinc by comparing valuation metrics with similar companies.
Peers
Hindustan Zinc Related Equities
| OSIAHYPER | Osia Hyper | 4.98 | ||||
| SILVERTUC | Silver Touch | 1.44 | ||||
| RADIOCITY | Music Broadcast | 0.64 | ||||
| AARTIDRUGS | Aarti Drugs | 0.52 | ||||
| SPENCERS | Spencers Retail | 0.14 | ||||
| FRETAIL | Future Retail | 0.00 | ||||
| AKUMS | Akums Drugs | 0.36 |
Other Information on Investing in Hindustan Stock
Hindustan Zinc financial ratios help investors to determine whether Hindustan 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 Hindustan with respect to the benefits of owning Hindustan Zinc security.