MUNJAL AUTO (India) Today

MUNJALAU -  India Stock  

INR 60.50  1.15  1.87%

MUNJAL AUTO is trading at 60.50 as of the 17th of October 2021, a -1.87 percent decrease since the beginning of the trading day. The stock's open price was 61.65. MUNJAL AUTO has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for MUNJAL AUTO INDUST are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2019 and ending today, the 17th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 8
Munjal Auto Industries Limited manufactures and sells various parts and accessories for motor vehicles in India. Munjal Auto Industries Limited is a subsidiary of Thakurdevi Investments Private Limited. MUNJAL AUTO operates under Auto Parts classification in India and is traded on National Stock Exchange of India.. The company has 100 M outstanding shares. More on MUNJAL AUTO INDUST
Follow Valuation Odds of Bankruptcy
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MUNJAL AUTO 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. MUNJAL AUTO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MUNJAL AUTO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
MUNJAL AUTO INDUST generated a negative expected return over the last 90 days
MUNJAL AUTO INDUST has accumulated about 443.9 M in cash with (22.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.77.
Roughly 76.0% of the company outstanding shares are owned by corporate insiders
Legal NameMUNJAL AUTO INDUST
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 MUNJAL AUTO's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
MUNJAL AUTO INDUST (MUNJALAU) is traded on National Stock Exchange of India in India and employs 1,178 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 6.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MUNJAL AUTO's market, we take the total number of its shares issued and multiply it by MUNJAL AUTO'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. MUNJAL AUTO INDUST operates under Consumer Cyclical sector and is part of Auto Parts industry. The entity has 100 M outstanding shares. MUNJAL AUTO INDUST has accumulated about 443.9 M in cash with (22.14 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.77.
Check MUNJAL AUTO Probability Of Bankruptcy
Ownership
MUNJAL AUTO INDUST holds a total of 100 Million outstanding shares. MUNJAL AUTO INDUST secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 75.64 % of MUNJAL AUTO INDUST outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check MUNJAL Ownership Details

MUNJAL Stock Price Odds Analysis

What are MUNJAL AUTO's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of MUNJAL AUTO jumping above the current price in 90 days from now is about 63.94%. The MUNJAL AUTO INDUST probability density function shows the probability of MUNJAL AUTO stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MUNJAL AUTO INDUST has a beta of -0.4541. This indicates as returns on benchmark increase, returns on holding MUNJAL AUTO are expected to decrease at a much lower rate. During the bear market, however, MUNJAL AUTO INDUST 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. MUNJAL AUTO INDUST is significantly underperforming DOW.
 Odds Down 60.5HorizonTargetOdds Up 60.5 
35.87%90 days
 60.50 
63.94%
Based on a normal probability distribution, the odds of MUNJAL AUTO to move above the current price in 90 days from now is about 63.94 (This MUNJAL AUTO INDUST probability density function shows the probability of MUNJAL Stock to fall within a particular range of prices over 90 days) .

MUNJAL AUTO INDUST Risk Profiles

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

MUNJAL Stock Against Markets

Picking the right benchmark for MUNJAL AUTO 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 MUNJAL AUTO 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 MUNJAL AUTO is critical whether you are bullish or bearish towards MUNJAL AUTO INDUST at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MUNJAL AUTO 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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Additionally, see Stocks Correlation. Note that the MUNJAL AUTO INDUST information on this page should be used as a complementary analysis to other MUNJAL AUTO'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for MUNJAL Stock

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