Prakash Steelage standalone net profit declines .52 percent in the December 2023 quarter - Business Standard
PRAKASHSTL | 8.04 0.36 4.29% |
Under 61% of Prakash Steelage's investor base is looking to short. The current sentiment regarding investing in Prakash Steelage Limited stock implies that many traders are alarmed. Prakash Steelage's investing sentiment shows overall attitude of investors towards Prakash Steelage Limited.
Prakash |
Prakash Steelage standalone net profit declines .52 percent in the December 2023 quarter Business Standard
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Prakash Steelage Fundamental Analysis
We analyze Prakash Steelage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prakash Steelage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prakash Steelage 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.
Net Income
Net Income Comparative Analysis
Prakash Steelage is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Prakash Steelage 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 Prakash Steelage stock to make a market-neutral strategy. Peer analysis of Prakash Steelage could also be used in its relative valuation, which is a method of valuing Prakash Steelage by comparing valuation metrics with similar companies.
Peers
Prakash Steelage Related Equities
ASIANHOTNR | Asian Hotels | 10.00 | ||||
INDHOTEL | Indian Hotels | 0.62 | ||||
PNC | Pritish Nandy | 0.56 | ||||
SILGO | Silgo Retail | 0.03 | ||||
CHALET | Chalet Hotels | 1.52 | ||||
PRAXIS | Praxis Home | 1.60 | ||||
KAMATHOTEL | Kamat Hotels | 2.03 | ||||
EIHAHOTELS | EIH Associated | 3.91 |
Complementary Tools for Prakash Stock analysis
When running Prakash Steelage's price analysis, check to measure Prakash Steelage'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 Prakash Steelage is operating at the current time. Most of Prakash Steelage's value examination focuses on studying past and present price action to predict the probability of Prakash Steelage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prakash Steelage's price. Additionally, you may evaluate how the addition of Prakash Steelage to your portfolios can decrease your overall portfolio volatility.
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