IBRIGST -  India Stock  

INR 16.00  0.15  0.93%

INDIAN BRIGHT is selling for under 16.00 as of the 20th of October 2021; that is -0.93 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 15.2. INDIAN BRIGHT has about a 27 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for INDIAN BRIGHT STEEL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2020 and ending today, the 20th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 27
Indian Bright Steel Company Limited does not have significant operations. The company was incorporated in 1960 and is based in Mumbai, India. INDIAN BRIGHT operates under Steel classification in India and is traded on Bombay Stock Exchange.. The company has 1000 K outstanding shares. More on INDIAN BRIGHT STEEL
Follow Valuation Odds of Bankruptcy
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INDIAN BRIGHT 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. INDIAN BRIGHT's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding INDIAN BRIGHT or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
INDIAN BRIGHT STEEL generated a negative expected return over the last 90 days
The company has accumulated 810 K in total debt with debt to equity ratio (D/E) of 14.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. INDIAN BRIGHT STEEL has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 598 K. Net Loss for the year was (1.57 M).
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 INDIAN BRIGHT's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
INDIAN BRIGHT STEEL (IBRIGST) is traded on Bombay Stock Exchange in India . The company currently falls under 'Micro-Cap' category with current market capitalization of 17.15 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate INDIAN BRIGHT's market, we take the total number of its shares issued and multiply it by INDIAN BRIGHT'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. INDIAN BRIGHT STEEL operates under Basic Materials sector and is part of Steel industry. The entity has 1000 K outstanding shares.
Check INDIAN BRIGHT Probability Of Bankruptcy

INDIAN Stock Price Odds Analysis

What are INDIAN BRIGHT's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of INDIAN BRIGHT jumping above the current price in 90 days from now is close to 99%. The INDIAN BRIGHT STEEL probability density function shows the probability of INDIAN BRIGHT stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon INDIAN BRIGHT STEEL has a beta of -0.3596. This usually indicates as returns on benchmark increase, returns on holding INDIAN BRIGHT are expected to decrease at a much lower rate. During the bear market, however, INDIAN BRIGHT STEEL is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. INDIAN BRIGHT STEEL is significantly underperforming DOW.
 Odds Down 16.0HorizonTargetOdds Up 16.0 
0.73%90 days
Based on a normal probability distribution, the odds of INDIAN BRIGHT to move above the current price in 90 days from now is close to 99 (This INDIAN BRIGHT STEEL probability density function shows the probability of INDIAN Stock to fall within a particular range of prices over 90 days) .


Investors will always prefer to have the highest possible return on investment while minimizing volatility. INDIAN BRIGHT market risk premium is the additional return an investor will receive from holding INDIAN BRIGHT 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 INDIAN BRIGHT. 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 INDIAN BRIGHT's alpha and beta are two of the key measurements used to evaluate INDIAN BRIGHT's performance over the market, the standard measures of volatility play an important role as well.

INDIAN Stock Against Markets

Picking the right benchmark for INDIAN BRIGHT 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 INDIAN BRIGHT 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 INDIAN BRIGHT is critical whether you are bullish or bearish towards INDIAN BRIGHT STEEL at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in INDIAN BRIGHT 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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Please see Risk vs Return Analysis. Note that the INDIAN BRIGHT STEEL information on this page should be used as a complementary analysis to other INDIAN BRIGHT'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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Tools for INDIAN Stock

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