Accumulate MIC Electronics, target price Rs 90 Anand Rathi - The Economic Times
| MICEL Stock | 82.56 1.18 1.41% |
About 61% of MIC Electronics' investor base is looking to short. The analysis of overall sentiment of trading MIC Electronics Limited stock suggests that many investors are alarmed at this time. MIC Electronics' investing sentiment overview a quick insight into current market opportunities from investing in MIC Electronics Limited. Many technical investors use MIC Electronics stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Accumulate MIC Electronics, target price Rs 90 Anand Rathi The Economic Times
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MIC Electronics Fundamental Analysis
We analyze MIC Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MIC Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MIC Electronics 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.
Return On Equity
Return On Equity Comparative Analysis
MIC Electronics is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
MIC Electronics 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 MIC Electronics stock to make a market-neutral strategy. Peer analysis of MIC Electronics could also be used in its relative valuation, which is a method of valuing MIC Electronics by comparing valuation metrics with similar companies.
Peers
MIC Electronics Related Equities
| FAIRCHEMOR | Fairchem Organics | 3.50 | ||||
| PAYTM | One 97 | 2.21 | ||||
| VIDHIING | Vidhi Specialty | 0.14 | ||||
| BECTORFOOD | Mrs Bectors | 0.43 | ||||
| FINEORG | Fine Organic | 2.23 | ||||
| BFUTILITIE | BF Utilities | 3.08 | ||||
| ADFFOODS | ADF Foods | 3.30 |
Other Information on Investing in MIC Stock
MIC Electronics financial ratios help investors to determine whether MIC 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 MIC with respect to the benefits of owning MIC Electronics security.