ELECTROSTEEL CAST (India) Today

Equity ratings for ELECTROSTEEL CAST are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2019 and ending today, the 28th of November 2021. Click here to learn more.
ELECTROSTEEL CAST cannot be verified against its exchange. It appears that ELECTROSTEEL CAST is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. 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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ELECTROSTEEL CAST 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. ELECTROSTEEL CAST's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ELECTROSTEEL CAST or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ELECTROSTEEL CAST is not yet fully synchronised with the market data
ELECTROSTEEL CAST has some characteristics of a very speculative penny stock
ELECTROSTEEL CAST has high likelihood to experience some financial distress in the next 2 years
The company reported the revenue of 34.71 B. Net Loss for the year was (1.46 B) with profit before overhead, payroll, taxes, and interest of 18.35 B.
About 64.0% of the company shares are held by company insiders
Legal NameELECTROSTEEL CAST
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 ELECTROSTEEL CAST's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
ELECTROSTEEL CAST (ELECTCAST) is traded on National Stock Exchange of India in India and employs 1,549 people. The company currently falls under 'Large-Cap' category with current market capitalization of 15.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ELECTROSTEEL CAST's market, we take the total number of its shares issued and multiply it by ELECTROSTEEL CAST'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. ELECTROSTEEL CAST operates under Basic Materials sector and is part of Steel industry. The entity has 432.96 M outstanding shares. ELECTROSTEEL CAST has accumulated about 8.71 B in cash with 4.65 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.07.
Check ELECTROSTEEL CAST Probability Of Bankruptcy

ELECTROSTEEL Stock Against Markets

Picking the right benchmark for ELECTROSTEEL CAST 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 ELECTROSTEEL CAST 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 ELECTROSTEEL CAST is critical whether you are bullish or bearish towards ELECTROSTEEL CAST at a given time.
ELECTROSTEEL CAST cannot be verified against its exchange. It appears that ELECTROSTEEL CAST is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. 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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Try Other Stock Suggestions

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 ELECTROSTEEL CAST stock to make a market-neutral strategy. Peer analysis of ELECTROSTEEL CAST could also be used in its relative valuation, which is a method of valuing ELECTROSTEEL CAST by comparing valuation metrics with similar companies.

ELECTROSTEEL CAST Corporate Executives

Elected by the shareholders, the ELECTROSTEEL CAST's board of directors comprises two types of representatives: ELECTROSTEEL CAST inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ELECTROSTEEL. The board's role is to monitor ELECTROSTEEL CAST's management team and ensure that shareholders' interests are well served. ELECTROSTEEL CAST's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ELECTROSTEEL CAST's outside directors are responsible for providing unbiased perspectives on the board's policies.
Check out Investing Opportunities. Note that the ELECTROSTEEL CAST information on this page should be used as a complementary analysis to other ELECTROSTEEL CAST'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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

Other Tools for ELECTROSTEEL Stock

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