IG Petrochemicals (India) Buy Hold or Sell Recommendation

IGPL Stock   559.90  3.60  0.64%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding IG Petrochemicals Limited is 'Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell IG Petrochemicals Limited given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for IG Petrochemicals Limited, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out IG Petrochemicals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Note, we conduct extensive research on individual companies such as IGPL and provide practical buy, sell, or hold advice based on investors' constraints. IG Petrochemicals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Execute IG Petrochemicals Buy or Sell Advice

The IGPL recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on IG Petrochemicals Limited. Macroaxis does not own or have any residual interests in IG Petrochemicals Limited or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute IG Petrochemicals' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell IG PetrochemicalsBuy IG Petrochemicals
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon IG Petrochemicals Limited has a Risk Adjusted Performance of (0.02), Jensen Alpha of (0.14), Total Risk Alpha of (0.23) and Treynor Ratio of (0.18)
Macroaxis provides trade advice on IG Petrochemicals Limited to complement and cross-verify current analyst consensus on IG Petrochemicals. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure IG Petrochemicals is not overpriced, please check out all IG Petrochemicals Limited fundamentals, including its current valuation, shares owned by insiders, and the relationship between the operating margin and shares outstanding .

IG Petrochemicals Trading Alerts and Improvement Suggestions

IG Petrochemicals generated a negative expected return over the last 90 days
IG Petrochemicals is unlikely to experience financial distress in the next 2 years
About 72.0% of the company shares are held by company insiders
Latest headline from news.google.com: Do Its Financials Have Any Role To Play In Driving I G Petrochemicals Limiteds Stock Up Recently - Simply Wall St

IG Petrochemicals Returns Distribution Density

The distribution of IG Petrochemicals' historical returns is an attempt to chart the uncertainty of IG Petrochemicals' future price movements. The chart of the probability distribution of IG Petrochemicals daily returns describes the distribution of returns around its average expected value. We use IG Petrochemicals Limited price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of IG Petrochemicals returns is essential to provide solid investment advice for IG Petrochemicals.
Mean Return
-0.11
Value At Risk
-3.23
Potential Upside
5.71
Standard Deviation
2.68
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of IG Petrochemicals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

IG Petrochemicals Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory343.6M(487.6M)(82.5M)(128.5M)(346.9M)(329.5M)
Change In Cash150.2M304.2M(151.5M)(23.2M)(294.8M)(280.1M)
Free Cash Flow(847.2M)1.1B575.6M(73.5M)(1.4B)(1.3B)
Depreciation299.0M341.0M443.5M474.1M521.1M547.2M
Other Non Cash Items(2.2M)(506.3M)(804.7M)(549.8M)79.9M83.9M
Capital Expenditures1.7B706.3M992.3M2.4B1.7B1.8B
Net Income319.1M2.5B3.6B2.7B395.1M375.4M
End Period Cash Flow11.7M315.9M164.4M141.2M(153.6M)(145.9M)
Dividends Paid145.7M60.1M226.2M303.3M307.9M323.3M
Investments616.1M(37M)(636.7M)(2.6B)(1.1B)(1.1B)
Net Borrowings805.3M603.6M(637.5M)169.1M194.4M204.1M
Change To Netincome175.0M108.1M139.1M113.3M102.0M162.3M

IG Petrochemicals Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to IG Petrochemicals or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that IG Petrochemicals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a IGPL stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.14
β
Beta against Dow Jones0.65
σ
Overall volatility
2.75
Ir
Information ratio -0.06

IG Petrochemicals Volatility Alert

IG Petrochemicals Limited exhibits very low volatility with skewness of 1.62 and kurtosis of 4.41. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure IG Petrochemicals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact IG Petrochemicals' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

IG Petrochemicals Fundamentals Vs Peers

Comparing IG Petrochemicals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze IG Petrochemicals' direct or indirect competition across all of the common fundamentals between IG Petrochemicals and the related equities. This way, we can detect undervalued stocks with similar characteristics as IG Petrochemicals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of IG Petrochemicals' fundamental indicators could also be used in its relative valuation, which is a method of valuing IG Petrochemicals by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare IG Petrochemicals to competition
FundamentalsIG PetrochemicalsPeer Average
Return On Equity0.0318-0.31
Return On Asset0.0254-0.14
Profit Margin0.02 %(1.27) %
Operating Margin0.08 %(5.51) %
Current Valuation18.56 B16.62 B
Shares Outstanding30.79 M571.82 M
Shares Owned By Insiders72.13 %10.09 %
Shares Owned By Institutions2.06 %39.21 %
Price To Book1.34 X9.51 X
Price To Sales0.80 X11.42 X
Revenue20.94 B9.43 B
Gross Profit6.12 B27.38 B
EBITDA1.36 B3.9 B
Net Income395.13 M570.98 M
Cash And Equivalents1.67 B2.7 B
Total Debt3.68 B5.32 B
Book Value Per Share404.91 X1.93 K
Cash Flow From Operations371.93 M971.22 M
Earnings Per Share17.86 X3.12 X
Target Price862.0
Number Of Employees51718.84 K
Beta1.05-0.15
Market Capitalization17.25 B19.03 B
Total Asset21.35 B29.47 B
Retained Earnings11.1 B9.33 B
Working Capital2.85 B1.48 B
Annual Yield0.01 %
Net Asset21.35 B

IG Petrochemicals Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as IGPL . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About IG Petrochemicals Buy or Sell Advice

When is the right time to buy or sell IG Petrochemicals Limited? Buying financial instruments such as IGPL Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Additional Tools for IGPL Stock Analysis

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