AMFORGE INDUSTRIES (India) Today

Equity ratings for AMFORGE INDUSTRIES LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of October 2021 and ending today, the 29th of November 2021. Click here to learn more.
AMFORGE INDUSTRIES LTD cannot be verified against its exchange. It appears that AMFORGE INDUSTRIES is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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AMFORGE INDUSTRIES 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. AMFORGE INDUSTRIES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding AMFORGE INDUSTRIES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
AMFORGE INDUSTRIES is not yet fully synchronised with the market data
AMFORGE INDUSTRIES has some characteristics of a very speculative penny stock
The company has accumulated 45.13 M in total debt with debt to equity ratio (D/E) of 0.44, which is about average as compared to similar companies. AMFORGE INDUSTRIES LTD has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
AMFORGE INDUSTRIES LTD has accumulated about 4.46 M in cash with (109.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Roughly 58.0% of AMFORGE INDUSTRIES shares are held by company insiders
Legal NameAMFORGE INDUSTRIES LTD
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AMFORGE INDUSTRIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
AMFORGE INDUSTRIES LTD (AMFORG) is traded on Bombay Stock Exchange in India and employs 1 people. The company currently falls under 'Micro-Cap' category with current market capitalization of 82.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AMFORGE INDUSTRIES's market, we take the total number of its shares issued and multiply it by AMFORGE INDUSTRIES'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 these looking for more risk prefer small-cap and mid-cap equities. AMFORGE INDUSTRIES LTD operates under Basic Materials sector and is part of Steel industry. The entity has 14.39 M outstanding shares. AMFORGE INDUSTRIES LTD has accumulated about 4.46 M in cash with (109.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.31.
Check AMFORGE INDUSTRIES Probability Of Bankruptcy

AMFORGE Stock Against Markets

Picking the right benchmark for AMFORGE INDUSTRIES stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AMFORGE INDUSTRIES stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AMFORGE INDUSTRIES is critical whether you are bullish or bearish towards AMFORGE INDUSTRIES LTD at a given time.
AMFORGE INDUSTRIES LTD cannot be verified against its exchange. It appears that AMFORGE INDUSTRIES is not available for investing at the moment. Please verify the symbol is currently traded on Bombay Stock Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.
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View Currently Related Equities

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 AMFORGE INDUSTRIES stock to make a market-neutral strategy. Peer analysis of AMFORGE INDUSTRIES could also be used in its relative valuation, which is a method of valuing AMFORGE INDUSTRIES by comparing valuation metrics with similar companies.
Check out Trending Equities. Note that the AMFORGE INDUSTRIES LTD information on this page should be used as a complementary analysis to other AMFORGE INDUSTRIES's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Other Tools for AMFORGE Stock

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