Coromandel Q1 net slumps 38 percent to 309 crore on slide in revenue - The Hindu
| COROMANDEL | 1,938 20.05 1.02% |
About 61% of Coromandel International's investor base is looking to short. The analysis of overall sentiment of trading Coromandel International Limited stock suggests that many investors are alarmed at this time. Coromandel International's investing sentiment overview a quick insight into current market opportunities from investing in Coromandel International Limited. Many technical investors use Coromandel International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Coromandel |
Coromandel Q1 net slumps 38 percent to 309 crore on slide in revenue The Hindu
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Coromandel International Fundamental Analysis
We analyze Coromandel International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Coromandel International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Coromandel International 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
Coromandel International 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.
Coromandel International 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 Coromandel International stock to make a market-neutral strategy. Peer analysis of Coromandel International could also be used in its relative valuation, which is a method of valuing Coromandel International by comparing valuation metrics with similar companies.
Peers
Coromandel International Related Equities
| KAVVERITEL | Kavveri Telecom | 2.01 |
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| HDFCLIFE | HDFC Life | 2.74 |
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| RAJMET | Rajnandini Metal | 3.51 |
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| SHYAMTEL | Shyam Telecom | 3.54 |
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| GOLDENTOBC | Golden Tobacco | 4.79 |
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| ANKITMETAL | Ankit Metal | 5.19 |
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Other Information on Investing in Coromandel Stock
Coromandel International financial ratios help investors to determine whether Coromandel 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 Coromandel with respect to the benefits of owning Coromandel International security.