AUTOLITE (India) Today

AUTOLITIND -  India Stock  

INR 17.00  0.70  4.29%

AUTOLITE is selling for under 17.00 as of the 24th of July 2021; that is 4.29% increase since the beginning of the trading day. The stock's last reported lowest price was 15.55. AUTOLITE has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for AUTOLITE LIMITED are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2021 and ending today, the 24th of July 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Over 72
Follow Valuation Odds of Bankruptcy
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AUTOLITE Stock Profile

Autolite Limited manufactures and sells automotive head lamps and halogen bulbs in India. The company was founded in 1970 and is headquartered in Jaipur, India. AUTOLITE operates under Auto Parts classification in India and is traded on National Stock Exchange of India. more on AUTOLITE
AUTOLITE LIMITED generates negative expected return over the last 90 days
AUTOLITE LIMITED has high likelihood to experience some financial distress in the next 2 years
The company has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
AUTOLITE LIMITED reported the revenue of 470.92 M. Net Loss for the year was (156.95 M) with profit before overhead, payroll, taxes, and interest of 284.94 M.
About 58.0% of the company shares are held by company insiders
Legal NameAUTOLITE LIMITED
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 AUTOLITE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
AUTOLITE LIMITED (AUTOLITIND) is traded on National Stock Exchange of India in India and employs 269 people. The company currently falls under 'Small-Cap' category with current market capitalization of 204.66 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AUTOLITE's market, we take the total number of its shares issued and multiply it by AUTOLITE'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. AUTOLITE LIMITED operates under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 11.18 M outstanding shares.
Check AUTOLITE Probability Of Bankruptcy
Ownership
AUTOLITE LIMITED retains a total of 11.18 Million outstanding shares. AUTOLITE LIMITED retains 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 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Allocation (%)

Check AUTOLITE Ownership Details

AUTOLITE Stock Price Odds Analysis

What are AUTOLITE's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of AUTOLITE jumping above the current price in 90 days from now is about 85.78%. The AUTOLITE LIMITED probability density function shows the probability of AUTOLITE stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AUTOLITE has a beta of 0.2704. This suggests as returns on the market go up, AUTOLITE average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding AUTOLITE LIMITED will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. AUTOLITE LIMITED is significantly underperforming DOW.
 Odds Down 17.0HorizonTargetOdds Up 17.0 
14.17%90 days
 17.00 
85.78%
Based on a normal probability distribution, the odds of AUTOLITE to move above the current price in 90 days from now is about 85.78 (This AUTOLITE LIMITED probability density function shows the probability of AUTOLITE Stock to fall within a particular range of prices over 90 days) .

AUTOLITE LIMITED Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AUTOLITE market risk premium is the additional return an investor will receive from holding AUTOLITE long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AUTOLITE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AUTOLITE's alpha and beta are two of the key measurements used to evaluate AUTOLITE's performance over the market, the standard measures of volatility play an important role as well.

AUTOLITE Stock Against Markets

Picking the right benchmark for AUTOLITE 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 AUTOLITE 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 AUTOLITE is critical whether you are bullish or bearish towards AUTOLITE LIMITED at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AUTOLITE without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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Please continue to Trending Equities. Note that the AUTOLITE LIMITED information on this page should be used as a complementary analysis to other AUTOLITE'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Tools for AUTOLITE Stock

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