PREMIER (India) Quote Today

PREMIER -  India Stock  

INR 3.55  0.05  1.43%

PREMIER is selling at 3.55 as of the 21st of September 2021; that is 1.43% increase since the beginning of the trading day. The stock's lowest day price was 3.4. PREMIER has 52 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for PREMIER LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of October 2019 and ending today, the 21st of September 2021. Click here to learn more.
 Market Performance
1 of 100
  Odds Of Distress
Over 52
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

PREMIER Stock Profile

Premier Limited engages in the engineering and automotive businesses in India and internationally. Premier Limited was founded in 1941 and is based in Mumbai, India. PREMIER operates under Specialty Industrial Machinery classification in India and is traded on National Stock Exchange of India. more on PREMIER
PREMIER LTD has very high historical volatility over the last 90 days
PREMIER LTD has high likelihood to experience some financial distress in the next 2 years
PREMIER LTD has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company has accumulated 210.8 M in total debt with debt to equity ratio (D/E) of 139.2, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PREMIER LTD has a current ratio of 0.03, 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 20 M. Net Loss for the year was (675.2 M) with loss before overhead, payroll, taxes, and interest of (68.4 M).
About 57.0% of PREMIER outstanding shares are owned by corporate insiders
Legal NamePREMIER 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 PREMIER's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellFairly Valued
PREMIER LTD (PREMIER) is traded on National Stock Exchange of India in India and employs 331 people. The company currently falls under 'Small-Cap' category with current market capitalization of 106.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PREMIER's market, we take the total number of its shares issued and multiply it by PREMIER'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. PREMIER LTD operates under Industrials sector and is part of Specialty Industrial Machinery industry. The entity has 30.37 M outstanding shares. PREMIER LTD has accumulated about 23.45 M in cash with 112.28 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Check PREMIER Probability Of Bankruptcy
Ownership
PREMIER owns a total of thirty million three hundred seventy thousand outstanding shares. PREMIER has noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check PREMIER Ownership Details

PREMIER Stock Price Odds Analysis

What are PREMIER's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of PREMIER jumping above the current price in 90 days from now is about 81.25%. The PREMIER LTD probability density function shows the probability of PREMIER stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon PREMIER LTD has a beta of -0.2163 indicating as returns on benchmark increase, returns on holding PREMIER are expected to decrease at a much lower rate. During the bear market, however, PREMIER LTD is likely to outperform the market. Additionally, the company has an alpha of 0.1127, implying that it can generate a 0.11 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 3.55HorizonTargetOdds Up 3.55 
18.68%90 days
 3.55 
81.25%
Based on a normal probability distribution, the odds of PREMIER to move above the current price in 90 days from now is about 81.25 (This PREMIER LTD probability density function shows the probability of PREMIER Stock to fall within a particular range of prices over 90 days) .

PREMIER LTD Risk Profiles

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

PREMIER Stock Against Markets

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in PREMIER 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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Please check Your Equity Center. Note that the PREMIER LTD information on this page should be used as a complementary analysis to other PREMIER'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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Tools for PREMIER Stock

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