Digjam reports standalone net loss of Rs 2.01 crore in the December 2021 quarter - Indiainfoline
| DIGJAMLMTD | 80.24 4.23 5.01% |
About 61% of Digjam's investor base is looking to short. The analysis of overall sentiment of trading Digjam Limited stock suggests that many investors are alarmed at this time. Digjam's investing sentiment shows overall attitude of investors towards Digjam Limited.
Digjam stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Digjam daily returns and investor perception about the current price of Digjam Limited as well as its diversification or hedging effects on your existing portfolios.
Digjam |
Digjam reports standalone net loss of Rs 2.01 crore in the December 2021 quarter Indiainfoline
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Digjam Fundamental Analysis
We analyze Digjam's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Digjam using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Digjam 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 Equity
Return On Equity Comparative Analysis
Digjam is rated below average in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Digjam Limited 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 Digjam stock to make a market-neutral strategy. Peer analysis of Digjam could also be used in its relative valuation, which is a method of valuing Digjam by comparing valuation metrics with similar companies.
Peers
Digjam Related Equities
| THOMASCOTT | Thomas Scott | 5.00 | ||||
| GUJRAFFIA | Gujarat Raffia | 4.99 | ||||
| INDHOTEL | Indian Hotels | 0.15 | ||||
| WELCORP | Welspun Corp | 0.51 | ||||
| NAM-INDIA | Nippon Life | 0.98 | ||||
| HDFCBANK | HDFC Bank | 1.23 | ||||
| SBIN | State Bank | 1.46 | ||||
| ICICIBANK | ICICI Bank | 1.49 | ||||
| ZOMATO | Zomato | 1.65 | ||||
| DIGJAMLMTD | Digjam | 5.01 |
Other Information on Investing in Digjam Stock
Digjam financial ratios help investors to determine whether Digjam 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 Digjam with respect to the benefits of owning Digjam security.