SURAJ (India) Quote Today

SURAJLTD -  India Stock  

INR 57.15  0.80  1.38%

SURAJ is selling for under 57.15 as of the 24th of October 2021; that is -1.38 percent down since the beginning of the trading day. The stock's last reported lowest price was 57.1. SURAJ has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for SURAJ LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of September 2021 and ending today, the 24th of October 2021. Click here to learn more.
 Market Performance
2 of 100
  Odds Of Distress
Less than 41
Suraj Limited manufactures and sells stainless steel, seamless pipes, tubes, and U tubes, flanges and fittings in India. Suraj Limited was founded in 1960 and is based in Ahmedabad, India. SURAJ LTD operates under Steel classification in India and is traded on Bombay Stock Exchange.. The company has 19.26 M outstanding shares. More on SURAJ LTD
Follow Valuation Odds of Bankruptcy
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SURAJ 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. SURAJ's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SURAJ or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SURAJ LTD has very high historical volatility over the last 90 days
SURAJ 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 SURAJ's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
SURAJ LTD (SURAJLTD) is traded on Bombay Stock Exchange in India . The company currently falls under 'Mid-Cap' category with current market capitalization of 1.14 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SURAJ's market, we take the total number of its shares issued and multiply it by SURAJ'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. SURAJ LTD operates under Basic Materials sector and is part of Steel industry. The entity has 19.26 M outstanding shares. SURAJ LTD has accumulated about 48.95 M in cash with 267.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.54.
Check SURAJ Probability Of Bankruptcy

SURAJ Stock Price Odds Analysis

What are SURAJ's target price odds to finish over the current price? Attributed to a normal probability distribution, the odds of SURAJ jumping above the current price in 90 days from now is about 77.44%. The SURAJ LTD probability density function shows the probability of SURAJ stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SURAJ LTD has a beta of -0.4239. This usually implies as returns on benchmark increase, returns on holding SURAJ are expected to decrease at a much lower rate. During the bear market, however, SURAJ LTD 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. SURAJ LTD is significantly underperforming DOW.
 Odds Down 57.15HorizonTargetOdds Up 57.15 
22.42%90 days
Based on a normal probability distribution, the odds of SURAJ to move above the current price in 90 days from now is about 77.44 (This SURAJ LTD probability density function shows the probability of SURAJ Stock to fall within a particular range of prices over 90 days) .

SURAJ LTD Risk Profiles

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

SURAJ Stock Against Markets

Picking the right benchmark for SURAJ 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 SURAJ 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 SURAJ is critical whether you are bullish or bearish towards SURAJ 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 SURAJ 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, take a look at World Market Map. Note that the SURAJ LTD information on this page should be used as a complementary analysis to other SURAJ'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 Global Correlations module to find global opportunities by holding instruments from different markets.

Other Tools for SURAJ Stock

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