The Indian Card Clothing Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 - Marketscreener.com
INDIANCARD | 326.75 26.65 8.88% |
About 55% of Indian Card's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Indian Card Clothing stock suggests that some investors are interested at this time. The current market sentiment, together with Indian Card's historical and current headlines, can help investors time the market. In addition, many technical investors use Indian Card Clothing stock news signals to limit their universe of possible portfolio assets.
Indian |
The Indian Card Clothing Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2024 Marketscreener.com
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Indian Card Fundamental Analysis
We analyze Indian Card's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Indian Card using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Indian Card 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Indian Card is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Indian Card Clothing 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 Indian Card stock to make a market-neutral strategy. Peer analysis of Indian Card could also be used in its relative valuation, which is a method of valuing Indian Card by comparing valuation metrics with similar companies.
Peers
Indian Card Related Equities
BFINVEST | BF Investment | 1.52 | ||||
ALKALI | Alkali Metals | 0.87 | ||||
FORTIS | Fortis Healthcare | 0.06 | ||||
KNRCON | KNR Constructions | 1.00 | ||||
FINOPB | Fino Payments | 1.17 | ||||
MANGCHEFER | Mangalore Chemicals | 1.61 | ||||
KINGFA | Kingfa Science | 1.76 | ||||
HEMIPROP | Hemisphere Properties | 1.76 | ||||
INDOBORAX | Indo Borax | 2.01 | ||||
KREBSBIO | Krebs Biochemicals | 2.15 |
Complementary Tools for Indian Stock analysis
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