Lumax Auto Tech Standalone September 2023 Net Sales at Rs 338.64 crore, down 2.98 percent Y-o-Y - Moneycontrol
| LUMAXTECH | 501.90 0.50 0.1% |
About 56% of Lumax Auto's investor base is looking to short. The analysis of overall sentiment of trading Lumax Auto Technologies stock suggests that many investors are alarmed at this time. The current market sentiment, together with Lumax Auto's historical and current headlines, can help investors time the market. In addition, many technical investors use Lumax Auto Technologies stock news signals to limit their universe of possible portfolio assets.
Lumax Auto stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Lumax daily returns and investor perception about the current price of Lumax Auto Technologies as well as its diversification or hedging effects on your existing portfolios.
Lumax |
Lumax Auto Tech Standalone September 2023 Net Sales at Rs 338.64 crore, down 2.98 percent Y-o-Y Moneycontrol
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Lumax Auto Fundamental Analysis
We analyze Lumax Auto's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lumax Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lumax Auto 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.
Earnings Per Share
Earnings Per Share Comparative Analysis
Lumax Auto is currently under evaluation in earnings per share category among its peers. Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.
Lumax Auto Technologies 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 Lumax Auto stock to make a market-neutral strategy. Peer analysis of Lumax Auto could also be used in its relative valuation, which is a method of valuing Lumax Auto by comparing valuation metrics with similar companies.
Peers
Lumax Auto Related Equities
| GALLANTT | Gallantt Ispat | 4.99 | ||||
| PARACABLES | Paramount Communications | 2.00 | ||||
| KINGFA | Kingfa Science | 0.88 | ||||
| IXIGO | Le Travenues | 0.72 | ||||
| SYRMA | Syrma SGS | 1.51 | ||||
| DIGISPICE | DiGiSPICE Technologies | 1.73 | ||||
| NEWGEN | Newgen Software | 1.82 |
Complementary Tools for Lumax Stock analysis
When running Lumax Auto's price analysis, check to measure Lumax Auto'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 Lumax Auto is operating at the current time. Most of Lumax Auto's value examination focuses on studying past and present price action to predict the probability of Lumax Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lumax Auto's price. Additionally, you may evaluate how the addition of Lumax Auto to your portfolios can decrease your overall portfolio volatility.
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