ZENOTECH LABORATORIES (India) Today

Equity ratings for ZENOTECH LABORATORIES LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2020 and ending today, the 24th of May 2022. Click here to learn more.
ZENOTECH LABORATORIES LTD cannot be verified against its exchange. It looks like ZENOTECH LABORATORIES 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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ZENOTECH LABORATORIES 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. ZENOTECH LABORATORIES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ZENOTECH LABORATORIES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ZENOTECH LABORATORIES is not yet fully synchronised with the market data
ZENOTECH LABORATORIES has some characteristics of a very speculative penny stock
The company has accumulated 206.91 M in total debt with debt to equity ratio (D/E) of 53.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ZENOTECH LABORATORIES LTD has a current ratio of 0.41, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist ZENOTECH LABORATORIES until it has trouble settling it off, either with new capital or with free cash flow. So, ZENOTECH LABORATORIES's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ZENOTECH LABORATORIES LTD sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ZENOTECH to invest in growth at high rates of return. When we think about ZENOTECH LABORATORIES's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 130.29 M. Net Loss for the year was (31.27 M) with profit before overhead, payroll, taxes, and interest of 123.12 M.
ZENOTECH LABORATORIES LTD has accumulated about 132.52 M in cash with (243.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17.
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 ZENOTECH LABORATORIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
ZENOTECH LABORATORIES LTD (ZENOTECH) is traded on Bombay Stock Exchange in India and employs 72 people. The company currently falls under 'Small-Cap' category with current market capitalization of 976.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ZENOTECH LABORATORIES's market, we take the total number of its shares issued and multiply it by ZENOTECH LABORATORIES'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. ZENOTECH LABORATORIES LTD operates under Healthcare sector and is part of Drug Manufacturers - Specialty & Generic industry. The entity has 61.03 M outstanding shares. ZENOTECH LABORATORIES LTD has accumulated about 132.52 M in cash with (243.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17.
Check ZENOTECH LABORATORIES Probability Of Bankruptcy

ZENOTECH Stock Against Markets

Picking the right benchmark for ZENOTECH LABORATORIES 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 ZENOTECH LABORATORIES 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 ZENOTECH LABORATORIES is critical whether you are bullish or bearish towards ZENOTECH LABORATORIES LTD at a given time.
ZENOTECH LABORATORIES LTD cannot be verified against its exchange. It looks like ZENOTECH LABORATORIES 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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View Currently Related Equities

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 ZENOTECH LABORATORIES stock to make a market-neutral strategy. Peer analysis of ZENOTECH LABORATORIES could also be used in its relative valuation, which is a method of valuing ZENOTECH LABORATORIES by comparing valuation metrics with similar companies.

Investing ZENOTECH LABORATORIES LTD

You need to understand the risk of investing before taking a position in ZENOTECH LABORATORIES. The danger of trading ZENOTECH LABORATORIES LTD is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ZENOTECH LABORATORIES is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ZENOTECH LABORATORIES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ZENOTECH LABORATORIES LTD is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist. Note that the ZENOTECH LABORATORIES LTD information on this page should be used as a complementary analysis to other ZENOTECH LABORATORIES'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Tools for ZENOTECH Stock

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