Zenith Steel Pipes Industries reports consolidated net loss of Rs 0.44 crore in the September 2024 quarter - Business Standard
| ZENITHSTL | 6.84 0.18 2.70% |
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 |
Zenith Steel Pipes Industries reports consolidated net loss of Rs 0.44 crore in the September 2024 quarter 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Zenith Steel is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
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
| HINDCON | Hindcon Chemicals | 2.75 | ||||
| CHEMBOND | Chembond Chemicals | 1.39 | ||||
| SPIC | Southern Petrochemicals | 0.43 | ||||
| DHARSUGAR | Dharani SugarsChemicals | 0.00 | ||||
| FACT | Fertilizers | 0.20 | ||||
| IOLCP | IOL Chemicals | 1.82 | ||||
| POCL | Pondy Oxides | 4.90 |
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.