BofA Securities buys 6.37 lakh shares of smallcap multibagger Kellton Tech Solutions worth Rs 11 crore - The Economic Times
| KELLTONTEC | 153.62 10.56 6.43% |
About 61% of Kellton Tech's investor base is looking to short. The analysis of the overall prospects from investing in Kellton Tech Solutions suggests that many traders are, at the present time, alarmed. Kellton Tech's investing sentiment overview a quick insight into current market opportunities from investing in Kellton Tech Solutions. Many technical investors use Kellton Tech Solutions stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Kellton |
BofA Securities buys 6.37 lakh shares of smallcap multibagger Kellton Tech Solutions worth Rs 11 crore The Economic Times
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Kellton Tech Fundamental Analysis
We analyze Kellton Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kellton Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kellton Tech 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.
Current Valuation
Current Valuation Comparative Analysis
Kellton Tech is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Kellton Tech Solutions 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 Kellton Tech stock to make a market-neutral strategy. Peer analysis of Kellton Tech could also be used in its relative valuation, which is a method of valuing Kellton Tech by comparing valuation metrics with similar companies.
Peers
Kellton Tech Related Equities
| CCCL | Consolidated Construction | 4.96 | ||||
| PARAGMILK | Parag Milk | 2.32 | ||||
| BIOFILCHEM | Biofil Chemicals | 1.36 | ||||
| COSMOFIRST | COSMO FIRST | 1.33 | ||||
| DELTAMAGNT | Delta Manufacturing | 1.33 | ||||
| KINGFA | Kingfa Science | 1.11 | ||||
| CHEMCON | Chemcon Speciality | 0.45 | ||||
| RICOAUTO | Rico Auto | 0.02 | ||||
| GATECHDVR | GACM Technologies | 0.99 | ||||
| REFEX | Refex Industries | 4.85 |
Other Information on Investing in Kellton Stock
Kellton Tech financial ratios help investors to determine whether Kellton 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 Kellton with respect to the benefits of owning Kellton Tech security.