MIRC Electronics (India) Today

MIRCELECTR   20.69  0.02  0.1%   

Performance

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Odds Of Distress

Less than 33

 
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MIRC Electronics is trading at 20.69 as of the 30th of November 2024, a 0.1 percent decrease since the beginning of the trading day. The stock's lowest day price was 20.0. MIRC Electronics has about a 33 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for MIRC Electronics Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
Category
Consumer Cyclical
Classification
Consumer Discretionary
MIRC Electronics is entity of India. It is traded as Stock on NSE exchange. The company has 230.95 M outstanding shares. More on MIRC Electronics Limited

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MIRC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MIRC Electronics' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MIRC Electronics or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Chairman CoFounderGulu Mirchandani
Thematic IdeaElectronics (View all Themes)
Business ConcentrationHousehold Durables, Furnishings, Fixtures & Appliances, Consumer Discretionary, Electronics, Consumer Discretionary, Household Durables, Furnishings, Fixtures & Appliances, Consumer Cyclical (View all Sectors)
MIRC Electronics' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to MIRC Electronics' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
MIRC Electronics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand MIRC Electronics' financial leverage. It provides some insight into what part of MIRC Electronics' total assets is financed by creditors.
Liquidity
MIRC Electronics cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. MIRC Electronics Limited has accumulated 1.04 B in total debt. Debt can assist MIRC Electronics until it has trouble settling it off, either with new capital or with free cash flow. So, MIRC Electronics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MIRC Electronics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MIRC to invest in growth at high rates of return. When we think about MIRC Electronics' use of debt, we should always consider it together with cash and equity.

Change In Cash

13.09 Million
MIRC Electronics Limited (MIRCELECTR) is traded on National Stock Exchange of India in India and employs 484 people. MIRC Electronics is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MIRC Electronics's market, we take the total number of its shares issued and multiply it by MIRC Electronics's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MIRC Electronics operates under Household Durables sector and is part of Consumer Discretionary industry. The entity has 230.95 M outstanding shares. MIRC Electronics generates negative cash flow from operations
Check MIRC Electronics Probability Of Bankruptcy
Ownership Allocation
MIRC Electronics maintains a total of 230.95 Million outstanding shares. MIRC Electronics Limited holds noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check MIRC Ownership Details

MIRC Electronics Risk Profiles

Although MIRC Electronics' alpha and beta are two of the key measurements used to evaluate MIRC Electronics' performance over the market, the standard measures of volatility play an important role as well.

MIRC Stock Against Markets

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MIRC Electronics Corporate Management

Elected by the shareholders, the MIRC Electronics' board of directors comprises two types of representatives: MIRC Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MIRC. The board's role is to monitor MIRC Electronics' management team and ensure that shareholders' interests are well served. MIRC Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MIRC Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Lokesh SikkaVP CHROProfile
Subrat NayakVP StrategyProfile
Prasad OakCorporate LegalProfile
Pratyush ChinmoyAssistant MarketingProfile

Other Information on Investing in MIRC Stock

MIRC Electronics financial ratios help investors to determine whether MIRC 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 MIRC with respect to the benefits of owning MIRC Electronics security.