Kanoria Chemicals Industries reports consolidated net loss of Rs 8.13 crore in the December 2023 quarter - Trade Brains
| KANORICHEM | 118.21 2.58 2.23% |
About 55% of Kanoria Chemicals' shareholders are presently thinking to get in. The analysis of overall sentiment of trading Kanoria Chemicals Industries stock suggests that some investors are interested at this time. The current market sentiment, together with Kanoria Chemicals' historical and current headlines, can help investors time the market. In addition, many technical investors use Kanoria Chemicals stock news signals to limit their universe of possible portfolio assets.
Kanoria |
Kanoria Chemicals Industries reports consolidated net loss of Rs 8.13 crore in the December 2023 quarter Trade Brains
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Kanoria Chemicals Fundamental Analysis
We analyze Kanoria Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kanoria Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kanoria Chemicals 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
Kanoria Chemicals 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.
Kanoria Chemicals 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 Kanoria Chemicals stock to make a market-neutral strategy. Peer analysis of Kanoria Chemicals could also be used in its relative valuation, which is a method of valuing Kanoria Chemicals by comparing valuation metrics with similar companies.
Peers
Kanoria Chemicals Related Equities
Complementary Tools for Kanoria Stock analysis
When running Kanoria Chemicals' price analysis, check to measure Kanoria Chemicals' 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 Kanoria Chemicals is operating at the current time. Most of Kanoria Chemicals' value examination focuses on studying past and present price action to predict the probability of Kanoria Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kanoria Chemicals' price. Additionally, you may evaluate how the addition of Kanoria Chemicals to your portfolios can decrease your overall portfolio volatility.
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