Manugraph India Ltd leads losers in B group - Business Standard
| ZENITHSTL | 7.41 0.24 3.35% |
Slightly above 55% of Zenith Steel's private investors are presently thinking to get in. The current sentiment regarding investing in Zenith Steel Pipes stock implies that some traders are interested. Zenith Steel's investing sentiment can be driven by a variety of factors including economic data, Zenith Steel's earnings reports, geopolitical events, and overall market trends.
Zenith Steel stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Zenith daily returns and investor perception about the current price of Zenith Steel Pipes as well as its diversification or hedging effects on your existing portfolios.
Zenith |
Manugraph India Ltd leads losers in B group Business Standard
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Zenith Steel Fundamental Analysis
We analyze Zenith Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zenith Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zenith Steel 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.
Market Capitalization
Market Capitalization Comparative Analysis
Zenith Steel is currently under evaluation in market capitalization category among its peers. Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Zenith Steel Pipes 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 Zenith Steel stock to make a market-neutral strategy. Peer analysis of Zenith Steel could also be used in its relative valuation, which is a method of valuing Zenith Steel by comparing valuation metrics with similar companies.
Peers
Zenith Steel Related Equities
| PATANJALI | Patanjali Foods | 1.06 | ||||
| MEGASTAR | Megastar Foods | 0.64 | ||||
| HITECH | Hi Tech | 0.58 | ||||
| SAPPHIRE | Sapphire Foods | 0.20 | ||||
| APEX | Apex Frozen | 2.00 | ||||
| TNTELE | Tamilnadu Telecommunicatio | 3.07 | ||||
| AMIORG | Ami Organics | 3.88 | ||||
| JUBLFOOD | Jubilant Foodworks | 4.28 |
Additional Tools for Zenith Stock Analysis
When running Zenith Steel's price analysis, check to measure Zenith Steel'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 Zenith Steel is operating at the current time. Most of Zenith Steel's value examination focuses on studying past and present price action to predict the probability of Zenith Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zenith Steel's price. Additionally, you may evaluate how the addition of Zenith Steel to your portfolios can decrease your overall portfolio volatility.