MIRC Electronics reports standalone net profit of Rs 0.44 crore in the June 2024 quarter - Business Standard

MIRCELECTR   23.96  0.69  2.97%   
About 55% of MIRC Electronics' shareholders are presently thinking to get in. The analysis of overall sentiment of trading MIRC Electronics Limited stock suggests that some investors are interested at this time. The current market sentiment, together with MIRC Electronics' historical and current headlines, can help investors time the market. In addition, many technical investors use MIRC Electronics stock news signals to limit their universe of possible portfolio assets.
MIRC Electronics stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MIRC daily returns and investor perception about the current price of MIRC Electronics Limited as well as its diversification or hedging effects on your existing portfolios.
  
MIRC Electronics reports standalone net profit of Rs 0.44 crore in the June 2024 quarter Business Standard

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MIRC Electronics Fundamental Analysis

We analyze MIRC Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MIRC Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MIRC 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.

Revenue

Revenue Comparative Analysis

MIRC Electronics is currently under evaluation in revenue category among its peers. Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.

MIRC 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 MIRC Electronics stock to make a market-neutral strategy. Peer analysis of MIRC Electronics could also be used in its relative valuation, which is a method of valuing MIRC Electronics by comparing valuation metrics with similar companies.

Peers

MIRC Electronics Related Equities

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LICILife Insurance   1.48   
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Complementary Tools for MIRC Stock analysis

When running MIRC Electronics' price analysis, check to measure MIRC Electronics' 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 MIRC Electronics is operating at the current time. Most of MIRC Electronics' value examination focuses on studying past and present price action to predict the probability of MIRC Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MIRC Electronics' price. Additionally, you may evaluate how the addition of MIRC Electronics to your portfolios can decrease your overall portfolio volatility.
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