Shriram Finance stock price up 0.77 per cent as Sensex climbs - The Economic Times
| SHRIRAMFIN | 2,850 47.85 1.71% |
About 53% of Shriram Finance's investors are presently thinking to get in. The analysis of the overall prospects from investing in Shriram Finance Limited suggests that some traders are, at the present time, interested. Shriram Finance's investing sentiment overview a quick insight into current market opportunities from investing in Shriram Finance Limited. Many technical investors use Shriram Finance stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Shriram Finance stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shriram daily returns and investor perception about the current price of Shriram Finance Limited as well as its diversification or hedging effects on your existing portfolios.
Shriram |
Shriram Finance stock price up 0.77 per cent as Sensex climbs The Economic Times
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Shriram Finance Fundamental Analysis
We analyze Shriram Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shriram Finance using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shriram Finance 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 Book
Price To Book Comparative Analysis
Shriram Finance is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Shriram Finance 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 Shriram Finance stock to make a market-neutral strategy. Peer analysis of Shriram Finance could also be used in its relative valuation, which is a method of valuing Shriram Finance by comparing valuation metrics with similar companies.
Peers
Shriram Finance Related Equities
| JUBLFOOD | Jubilant Foodworks | 4.50 | ||||
| BECTORFOOD | Mrs Bectors | 4.17 | ||||
| APEX | Apex Frozen | 3.01 | ||||
| HNDFDS | Hindustan Foods | 2.67 | ||||
| ADFFOODS | ADF Foods | 0.15 | ||||
| LTFOODS | LT Foods | 0.73 | ||||
| AMIORG | Ami Organics | 0.82 |
Other Information on Investing in Shriram Stock
Shriram Finance financial ratios help investors to determine whether Shriram 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 Shriram with respect to the benefits of owning Shriram Finance security.