Deep Industries bags LoA for contract worth 7.3 million from Selan Exploration Technology - Business Standard
| SELAN Stock | 705.70 46.65 6.20% |
About 62% of Selan Exploration's investor base is looking to short. The current sentiment of investing in Selan Exploration Technology suggests that many traders are alarmed. Selan Exploration's investing sentiment overview a quick insight into current market opportunities from investing in Selan Exploration Technology. Many technical investors use Selan Exploration stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Selan |
Deep Industries bags LoA for contract worth 7.3 million from Selan Exploration Technology Business Standard
Read at news.google.com
 |
Selan Exploration Fundamental Analysis
We analyze Selan Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Selan Exploration using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Selan Exploration 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.
Price To Sales
Price To Sales Comparative Analysis
Selan Exploration is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Selan Exploration 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 Selan Exploration stock to make a market-neutral strategy. Peer analysis of Selan Exploration could also be used in its relative valuation, which is a method of valuing Selan Exploration by comparing valuation metrics with similar companies.
Peers
Selan Exploration Related Equities
| BAJAJHLDNG | Bajaj Holdings | 0.71 | ||||
| TCS | Tata Consultancy | 0.17 | ||||
| GUJRAFFIA | Gujarat Raffia | 2.01 | ||||
| ABDL | Allied Blenders | 2.65 | ||||
| TAJGVK | Taj GVK | 3.83 | ||||
| PAYTM | One 97 | 4.91 |
Other Information on Investing in Selan Stock
Selan Exploration financial ratios help investors to determine whether Selan 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 Selan with respect to the benefits of owning Selan Exploration security.