MEGHMANI ORGANICS (India) Today

MEGHMANI ORGANICS is selling at 138.25 as of the 23rd of July 2021; that is No Change since the beginning of the trading day. The stock's lowest day price was 133.25. Equity ratings for MEGHMANI ORGANICS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of April 2021 and ending today, the 23rd of July 2021. Click here to learn more.
Valuation
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MEGHMANI ORGANICS Stock Profile

Meghmani Organics Limited engages in manufacturing and selling pigment and agrochemicals products. Meghmani Organics Limited was founded in 1986 and is based in Ahmedabad, India. MEGHMANI ORGANICS operates under Agricultural Chemicals classification in India and is traded on National Stock Exchange of India. more on MEGHMANI ORGANICS
MEGHMANI ORGANICS is not yet fully synchronised with the market data
MEGHMANI ORGANICS appears to be risky and price may revert if volatility continues
MEGHMANI ORGANICS is unlikely to experience financial distress in the next 2 years
About 51.0% of the company outstanding shares are owned by corporate insiders
Legal NameMEGHMANI ORGANICS
Chief Executive OfficerAnkit Patel  (View All)
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 MEGHMANI ORGANICS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
MEGHMANI ORGANICS (MEGH) is traded on National Stock Exchange of India in India and employs 1,665 people. The company currently falls under 'Large-Cap' category with current market capitalization of 35.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MEGHMANI ORGANICS's market, we take the total number of its shares issued and multiply it by MEGHMANI ORGANICS'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. MEGHMANI ORGANICS operates under Basic Materials sector and is part of Agricultural Chemicals industry. The entity has 254.31 M outstanding shares. MEGHMANI ORGANICS has accumulated about 1.6 B in cash with 4.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.3.
Check MEGHMANI ORGANICS Probability Of Bankruptcy

MEGHMANI Stock Price Odds Analysis

What are MEGHMANI ORGANICS's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of MEGHMANI ORGANICS jumping above the current price in 90 days from now is about 7.12%. The MEGHMANI ORGANICS probability density function shows the probability of MEGHMANI ORGANICS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MEGHMANI ORGANICS has a beta of 0.5229. This indicates as returns on the market go up, MEGHMANI ORGANICS average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MEGHMANI ORGANICS will be expected to be much smaller as well. Additionally, the company has an alpha of 0.5807, implying that it can generate a 0.58 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 138.25HorizonTargetOdds Up 138.25 
92.84%90 days
 138.25 
7.12%
Based on a normal probability distribution, the odds of MEGHMANI ORGANICS to move above the current price in 90 days from now is about 7.12 (This MEGHMANI ORGANICS probability density function shows the probability of MEGHMANI Stock to fall within a particular range of prices over 90 days) .

MEGHMANI ORGANICS Risk Profiles

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

MEGHMANI Stock Against Markets

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

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

MEGHMANI ORGANICS Corporate Directors

MEGHMANI ORGANICS corporate directors refer to members of a MEGHMANI ORGANICS board of directors. The board of directors generally takes responsibility for the MEGHMANI ORGANICS's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MEGHMANI ORGANICS's board members must vote for the resolution. The MEGHMANI ORGANICS board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kantibhai Patel - Independent Non-Executive DirectorProfile
Jayaraman Vishwanathan - Independent Non-Executive DirectorProfile
Palakodeti Rao - Non-Executive Independent DirectorProfile
Manubhai Patel - Non-Executive Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the MEGHMANI ORGANICS information on this page should be used as a complementary analysis to other MEGHMANI ORGANICS'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for MEGHMANI Stock

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