Nureca (India) Quote Today

NURECA -  India Stock  

INR 1,728  57.70  3.45%

Nureca is trading at 1728.30 as of the 18th of September 2021, a 3.45 percent up since the beginning of the trading day. The stock's open price was 1670.6. Nureca has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nureca Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of November 2019 and ending today, the 18th of September 2021. Click here to learn more.
 Market Performance
5 of 100
  Odds Of Distress
Less than 22
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Nureca Stock Profile

Nureca Limited, a B2C company, engages in the home healthcare and wellness products business primarily in India. Nureca Limited was incorporated in 2016 and is based in Chandigarh, India. Nureca is traded on National Stock Exchange of India in India. more on Nureca
Nureca Limited has accumulated about 552.42 M in cash with (79.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 78.92.
Legal NameNureca Limited
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 Nureca's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Nureca Limited (NURECA) is traded on National Stock Exchange of India in India . The company currently falls under 'Large-Cap' category with current market capitalization of 16.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nureca's market, we take the total number of its shares issued and multiply it by Nureca'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. Nureca Limited operates under Healthcare sector and is part of Medical Devices industry. The entity has 10 M outstanding shares. Nureca Limited has accumulated about 552.42 M in cash with (79.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 78.92.
Check Nureca Probability Of Bankruptcy
Ownership
Nureca Limited holds a total of 10 Million outstanding shares. Roughly 98.0 % of Nureca outstanding shares are held by regular investors with 0.0 pct. owned by insiders and only 1.63 % by institutional investors. 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 Nureca Ownership Details

Nureca Stock Price Odds Analysis

What are Nureca's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nureca jumping above the current price in 90 days from now is about 7.78%. The Nureca Limited probability density function shows the probability of Nureca stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Nureca has a beta of 0.1855. This indicates as returns on the market go up, Nureca average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nureca Limited will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2111, implying that it can generate a 0.21 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1728.3HorizonTargetOdds Up 1728.3 
92.12%90 days
 1,728 
7.78%
Based on a normal probability distribution, the odds of Nureca to move above the current price in 90 days from now is about 7.78 (This Nureca Limited probability density function shows the probability of Nureca Stock to fall within a particular range of prices over 90 days) .

Nureca Limited Risk Profiles

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

Nureca Stock Against Markets

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Nureca 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 Nureca Limited information on this page should be used as a complementary analysis to other Nureca'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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Other Tools for Nureca Stock

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