Equity ratings for NIKHIL ADHESIVES LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of October 2021 and ending today, the 30th of November 2021. Click here to learn more.
NIKHIL ADHESIVES LTD cannot be verified against its exchange. Apparently, NIKHIL ADHESIVES 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.


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. NIKHIL ADHESIVES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NIKHIL ADHESIVES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NIKHIL ADHESIVES LTD is not yet fully synchronised with the market data
NIKHIL ADHESIVES LTD has some characteristics of a very speculative penny stock
NIKHIL ADHESIVES LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
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 NIKHIL ADHESIVES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
NIKHIL ADHESIVES LTD (NIKHILAD) is traded on Bombay Stock Exchange in India and employs 202 people. The company currently falls under 'Small-Cap' category with current market capitalization of 580.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NIKHIL ADHESIVES's market, we take the total number of its shares issued and multiply it by NIKHIL ADHESIVES'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. NIKHIL ADHESIVES LTD operates under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 4.59 M outstanding shares. NIKHIL ADHESIVES LTD has accumulated about 33.72 M in cash with 156.94 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.81.
Check NIKHIL ADHESIVES Probability Of Bankruptcy

NIKHIL Stock Against Markets

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

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