NITCO (India) Quote Today

Equity ratings for NITCO LIMITED are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of September 2021 and ending today, the 26th of November 2021. Click here to learn more.
NITCO LIMITED cannot be verified against its exchange. Apparently, NITCO is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

NITCO 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. NITCO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NITCO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NITCO LIMITED is not yet fully synchronised with the market data
NITCO LIMITED has some characteristics of a very speculative penny stock
NITCO LIMITED has high likelihood to experience some financial distress in the next 2 years
NITCO LIMITED has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported the revenue of 6.17 B. Net Loss for the year was (553.93 M) with profit before overhead, payroll, taxes, and interest of 2.31 B.
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 NITCO's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
NITCO LIMITED (NITCO) is traded on National Stock Exchange of India in India and employs 1,061 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.75 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NITCO's market, we take the total number of its shares issued and multiply it by NITCO'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. NITCO LIMITED operates under Basic Materials sector and is part of Building Materials industry. The entity has 71.86 M outstanding shares. NITCO LIMITED has accumulated about 762.94 M in cash with 3.69 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.05.
Check NITCO Probability Of Bankruptcy

NITCO Stock Against Markets

Picking the right benchmark for NITCO 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 NITCO 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 NITCO is critical whether you are bullish or bearish towards NITCO LIMITED at a given time.
NITCO LIMITED cannot be verified against its exchange. Apparently, NITCO is not available for investing at the moment. Please verify the symbol is currently traded on National Stock Exchange of India. 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 NITCO stock to make a market-neutral strategy. Peer analysis of NITCO could also be used in its relative valuation, which is a method of valuing NITCO by comparing valuation metrics with similar companies.
Check out Stocks Correlation. Note that the NITCO LIMITED information on this page should be used as a complementary analysis to other NITCO'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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

Other Tools for NITCO Stock

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