IT Stock Hit 5 percent Upper Circuit After Subsidiary Signs Agreement With USA-Based Company - Goodreturns
ADROITINFO | 20.28 0.09 0.45% |
Under 53% of Adroit Infotech's investor base is interested to short. The analysis of overall sentiment of trading Adroit Infotech Limited stock suggests that many investors are impartial at this time. Adroit Infotech's investing sentiment shows overall attitude of investors towards Adroit Infotech Limited.
Adroit |
IT Stock Hit 5 percent Upper Circuit After Subsidiary Signs Agreement With USA-Based Company Goodreturns
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Adroit Infotech Fundamental Analysis
We analyze Adroit Infotech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adroit Infotech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adroit Infotech 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
Adroit Infotech 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.
Adroit Infotech 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 Adroit Infotech stock to make a market-neutral strategy. Peer analysis of Adroit Infotech could also be used in its relative valuation, which is a method of valuing Adroit Infotech by comparing valuation metrics with similar companies.
Peers
Adroit Infotech Related Equities
RELIANCE | Reliance Industries | 1.88 | ||||
ICICIBANK | ICICI Bank | 1.05 | ||||
SBIN | State Bank | 0.30 | ||||
HDFCBANK | HDFC Bank | 0.17 | ||||
BHARTIARTL | Bharti Airtel | 0.15 | ||||
PFC | Power Finance | 0.04 | ||||
TCS | Tata Consultancy | 1.63 |
Complementary Tools for Adroit Stock analysis
When running Adroit Infotech's price analysis, check to measure Adroit Infotech'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 Adroit Infotech is operating at the current time. Most of Adroit Infotech's value examination focuses on studying past and present price action to predict the probability of Adroit Infotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adroit Infotech's price. Additionally, you may evaluate how the addition of Adroit Infotech to your portfolios can decrease your overall portfolio volatility.
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