MIC ELECTRONICS (India) Today

Equity ratings for MIC ELECTRONICS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of September 2021 and ending today, the 27th of November 2021. Click here to learn more.
MIC ELECTRONICS LTD cannot be verified against its exchange. Apparently, MIC ELECTRONICS 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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MIC ELECTRONICS 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. MIC ELECTRONICS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MIC ELECTRONICS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MIC ELECTRONICS LTD is not yet fully synchronised with the market data
MIC ELECTRONICS LTD has some characteristics of a very speculative penny stock
MIC ELECTRONICS LTD has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 148.6 M in total debt with debt to equity ratio (D/E) of 3.6, implying the company greatly relies on financing operations through barrowing. MIC ELECTRONICS LTD has a current ratio of 0.26, 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 48.4 M. Net Loss for the year was (274.9 M) with profit before overhead, payroll, taxes, and interest of 22.2 M.
MIC ELECTRONICS LTD has accumulated about 17.8 M in cash with (8.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Legal NameMIC ELECTRONICS LTD
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 MIC ELECTRONICS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
MIC ELECTRONICS LTD (MIC) is traded on Bombay Stock Exchange in India and employs 157 people. The company currently falls under 'Small-Cap' category with current market capitalization of 121.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MIC ELECTRONICS's market, we take the total number of its shares issued and multiply it by MIC ELECTRONICS'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. MIC ELECTRONICS LTD operates under Technology sector and is part of Electronic Components industry. The entity has 220.25 M outstanding shares. MIC ELECTRONICS LTD has accumulated about 17.8 M in cash with (8.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check MIC ELECTRONICS Probability Of Bankruptcy

MIC ELECTRONICS Stock Against Markets

Picking the right benchmark for MIC ELECTRONICS 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 MIC ELECTRONICS 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 MIC ELECTRONICS is critical whether you are bullish or bearish towards MIC ELECTRONICS LTD at a given time.
MIC ELECTRONICS LTD cannot be verified against its exchange. Apparently, MIC ELECTRONICS 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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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 MIC ELECTRONICS stock to make a market-neutral strategy. Peer analysis of MIC ELECTRONICS could also be used in its relative valuation, which is a method of valuing MIC ELECTRONICS by comparing valuation metrics with similar companies.
Check out Stocks Correlation. Note that the MIC ELECTRONICS LTD information on this page should be used as a complementary analysis to other MIC ELECTRONICS'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for MIC ELECTRONICS Stock

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