Patanjali Foods to divests stake in Ruchi Ethiopia Holdings following insolvency resolution - CNBCTV18
PATANJALI | 1,867 3.80 0.20% |
About 55% of Patanjali Foods' investor base is interested to short. The analysis of overall sentiment of trading Patanjali Foods Limited stock suggests that many investors are impartial at this time. The current market sentiment, together with Patanjali Foods' historical and current headlines, can help investors time the market. In addition, many technical investors use Patanjali Foods stock news signals to limit their universe of possible portfolio assets.
Patanjali |
Patanjali Foods to divests stake in Ruchi Ethiopia Holdings following insolvency resolution CNBCTV18
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Patanjali Foods Fundamental Analysis
We analyze Patanjali Foods' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patanjali Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patanjali Foods 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.
EBITDA
EBITDA Comparative Analysis
Patanjali Foods is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Patanjali Foods 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 Patanjali Foods stock to make a market-neutral strategy. Peer analysis of Patanjali Foods could also be used in its relative valuation, which is a method of valuing Patanjali Foods by comparing valuation metrics with similar companies.
Peers
Patanjali Foods Related Equities
DELTAMAGNT | Delta Manufacturing | 10.70 | ||||
KINGFA | Kingfa Science | 6.93 | ||||
GATECHDVR | GACM Technologies | 3.03 | ||||
RICOAUTO | Rico Auto | 2.37 | ||||
HDFCBANK | HDFC Bank | 1.20 | ||||
CHEMCON | Chemcon Speciality | 1.15 | ||||
RELIANCE | Reliance Industries | 1.08 | ||||
HEUBACHIND | Heubach Colorants | 0.56 | ||||
TBZ | Tribhovandas Bhimji | 1.47 |
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