India Tourism Development Corporation consolidated net profit rises 24.14 percent in the September 2024 quarter - Business Standard
| ITDC Stock | 579.35 19.15 3.42% |
Slightly above 55% of India Tourism's private investors are presently thinking to get in. The analysis of overall sentiment of trading India Tourism Development stock suggests that some investors are interested at this time. India Tourism's investing sentiment can be driven by a variety of factors including economic data, India Tourism's earnings reports, geopolitical events, and overall market trends.
India Tourism stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of India daily returns and investor perception about the current price of India Tourism Development as well as its diversification or hedging effects on your existing portfolios.
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India Tourism Development Corporation consolidated net profit rises 24.14 percent in the September 2024 quarter Business Standard
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India Tourism Fundamental Analysis
We analyze India Tourism's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of India Tourism using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of India Tourism 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
India Tourism 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.
India Tourism Development 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 India Tourism stock to make a market-neutral strategy. Peer analysis of India Tourism could also be used in its relative valuation, which is a method of valuing India Tourism by comparing valuation metrics with similar companies.
Peers
India Tourism Related Equities
| COSMOFIRST | COSMO FIRST | 2.19 | ||||
| PARAGMILK | Parag Milk | 2.10 | ||||
| RICOAUTO | Rico Auto | 1.78 | ||||
| MMTC | MMTC | 1.06 | ||||
| KINGFA | Kingfa Science | 0.88 | ||||
| DELTAMAGNT | Delta Manufacturing | 0.76 | ||||
| CHEMCON | Chemcon Speciality | 0.32 | ||||
| HEUBACHIND | Heubach Colorants | 0.16 | ||||
| TBZ | Tribhovandas Bhimji | 0.96 | ||||
| GATECHDVR | GACM Technologies | 5.56 |
Additional Tools for India Stock Analysis
When running India Tourism's price analysis, check to measure India Tourism'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 India Tourism is operating at the current time. Most of India Tourism's value examination focuses on studying past and present price action to predict the probability of India Tourism's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Tourism's price. Additionally, you may evaluate how the addition of India Tourism to your portfolios can decrease your overall portfolio volatility.