Nahar Industrial Enterprises Limited Looks Inexpensive But Perhaps Not Attractive Enough - Simply Wall St
| NAHARINDUS | 131.61 1.40 1.08% |
About 52% of Nahar Industrial's investor base is interested to short. The analysis of overall sentiment of trading Nahar Industrial Enterprises stock suggests that many investors are impartial at this time. Nahar Industrial's investing sentiment overview a quick insight into current market opportunities from investing in Nahar Industrial Enterprises. Many technical investors use Nahar Industrial Ent stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Nahar |
Nahar Industrial Enterprises Limited Looks Inexpensive But Perhaps Not Attractive Enough Simply Wall St
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Nahar Industrial Fundamental Analysis
We analyze Nahar Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nahar Industrial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nahar Industrial 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
Nahar Industrial 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.
Nahar Industrial Ent 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 Nahar Industrial stock to make a market-neutral strategy. Peer analysis of Nahar Industrial could also be used in its relative valuation, which is a method of valuing Nahar Industrial by comparing valuation metrics with similar companies.
Peers
Nahar Industrial Related Equities
| RELIANCE | Reliance Industries | 3.47 | ||||
| GRAVITA | Gravita India | 2.82 | ||||
| KNRCON | KNR Constructions | 2.65 | ||||
| RICOAUTO | Rico Auto | 1.78 | ||||
| IOC | Indian Oil | 1.23 | ||||
| KINGFA | Kingfa Science | 0.88 | ||||
| ALKALI | Alkali Metals | 0.38 | ||||
| DIVISLAB | Divis Laboratories | 0.36 | ||||
| INDOBORAX | Indo Borax | 0.30 | ||||
| HDFCBANK | HDFC Bank | 0.25 |
Other Information on Investing in Nahar Stock
Nahar Industrial financial ratios help investors to determine whether Nahar 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 Nahar with respect to the benefits of owning Nahar Industrial security.