Thirumalai Chemicals reports consolidated net profit of Rs 4.89 crore in the September 2024 quarter - Business Standard
| TIRUMALCHM | 323.70 9.05 2.72% |
About 61% of Thirumalai Chemicals' investor base is looking to short. The analysis of overall sentiment of trading Thirumalai Chemicals Limited stock suggests that many investors are alarmed at this time. Thirumalai Chemicals' investing sentiment shows overall attitude of investors towards Thirumalai Chemicals Limited.
Thirumalai Chemicals stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Thirumalai daily returns and investor perception about the current price of Thirumalai Chemicals Limited as well as its diversification or hedging effects on your existing portfolios.
Thirumalai |
Thirumalai Chemicals reports consolidated net profit of Rs 4.89 crore in the September 2024 quarter Business Standard
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Thirumalai Chemicals Fundamental Analysis
We analyze Thirumalai Chemicals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thirumalai Chemicals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thirumalai Chemicals 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.
Current Valuation
Current Valuation Comparative Analysis
Thirumalai Chemicals is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Thirumalai Chemicals 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 Thirumalai Chemicals stock to make a market-neutral strategy. Peer analysis of Thirumalai Chemicals could also be used in its relative valuation, which is a method of valuing Thirumalai Chemicals by comparing valuation metrics with similar companies.
Peers
Thirumalai Chemicals Related Equities
| SAIL | Steel Authority | 4.38 | ||||
| EMBASSY-RR | Embassy Office | 2.08 | ||||
| NMDC | NMDC | 0.43 | ||||
| GNFC | Gujarat Narmada | 0.61 | ||||
| JTLIND | JTL Industries | 1.11 | ||||
| IMFA | Indian Metals | 1.35 | ||||
| GUJALKALI | Gujarat Alkalies | 1.45 | ||||
| VENUSPIPES | Venus Pipes | 1.74 | ||||
| INDIAGLYCO | India Glycols | 4.62 |
Other Information on Investing in Thirumalai Stock
Thirumalai Chemicals financial ratios help investors to determine whether Thirumalai 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 Thirumalai with respect to the benefits of owning Thirumalai Chemicals security.