INNOVATIVE TECH (India) Today

Equity ratings for INNOVATIVE TECH PACK are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2021 and ending today, the 28th of September 2021. Click here to learn more.
INNOVATIVE TECH PACK cannot be verified against its exchange. It appears that INNOVATIVE TECH 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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INNOVATIVE TECH Stock Profile

Innovative Tech Pack Limited engages in the manufacture and resale of plastic bottles, jars, containers, and pre-forms and its caps in India. Innovative Tech Pack Limited was founded in 1989 and is based in Noida, India. INNOVATIVE TECH operates under Packaging Containers classification in India and is traded on Bombay Stock Exchange.. The public information regarding INNOVATIVE TECH PACK's current market price is not available at this time.
INNOVATIVE TECH PACK is not yet fully synchronised with the market data
INNOVATIVE TECH PACK has some characteristics of a very speculative penny stock
INNOVATIVE TECH PACK has high likelihood to experience some financial distress in the next 2 years
INNOVATIVE TECH PACK has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 477.31 M in total debt with debt to equity ratio (D/E) of 115.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. INNOVATIVE TECH PACK has a current ratio of 0.8, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
Legal NameINNOVATIVE TECH PACK
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 INNOVATIVE TECH's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
INNOVATIVE TECH PACK (INNOVTEC) is traded on Bombay Stock Exchange in India and employs 142 people. The company currently falls under 'Small-Cap' category with current market capitalization of 313.39 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate INNOVATIVE TECH's market, we take the total number of its shares issued and multiply it by INNOVATIVE TECH'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. INNOVATIVE TECH PACK operates under Consumer Cyclical sector and is part of Packaging & Containers industry. The entity has 21.86 M outstanding shares. INNOVATIVE TECH PACK has accumulated about 4.2 M in cash with 233.68 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check INNOVATIVE TECH Probability Of Bankruptcy

INNOVATIVE Stock Against Markets

Picking the right benchmark for INNOVATIVE TECH 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 INNOVATIVE TECH 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 INNOVATIVE TECH is critical whether you are bullish or bearish towards INNOVATIVE TECH PACK at a given time.
INNOVATIVE TECH PACK cannot be verified against its exchange. It appears that INNOVATIVE TECH 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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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 INNOVATIVE TECH stock to make a market-neutral strategy. Peer analysis of INNOVATIVE TECH could also be used in its relative valuation, which is a method of valuing INNOVATIVE TECH by comparing valuation metrics with similar companies.
Check out Risk vs Return Analysis. Note that the INNOVATIVE TECH PACK information on this page should be used as a complementary analysis to other INNOVATIVE TECH'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Tools for INNOVATIVE Stock

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