SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore - Press Trust of India
RATNAMANI | 3,321 47.45 1.41% |
About 62% of Ratnamani Metals' investor base is looking to short. The current sentiment regarding investing in Ratnamani Metals Tubes stock implies that many traders are alarmed. The current market sentiment, together with Ratnamani Metals' historical and current headlines, can help investors time the market. In addition, many technical investors use Ratnamani Metals Tubes stock news signals to limit their universe of possible portfolio assets.
Ratnamani |
SBI MF, Tata MF buy Ratnamani Metals Tubes shares worth Rs 262 crore Press Trust of India
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Ratnamani Metals Fundamental Analysis
We analyze Ratnamani Metals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ratnamani Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ratnamani Metals 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 Asset
Return On Asset Comparative Analysis
Ratnamani Metals is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Ratnamani Metals Tubes 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 Ratnamani Metals stock to make a market-neutral strategy. Peer analysis of Ratnamani Metals could also be used in its relative valuation, which is a method of valuing Ratnamani Metals by comparing valuation metrics with similar companies.
Peers
Ratnamani Metals Related Equities
MAITHANALL | Maithan Alloys | 3.83 | ||||
EMBASSY-RR | Embassy Office | 0.56 | ||||
IMFA | Indian Metals | 0.42 | ||||
GUJALKALI | Gujarat Alkalies | 0.74 | ||||
GNFC | Gujarat Narmada | 0.83 | ||||
INDIAGLYCO | India Glycols | 1.11 |
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