Equity ratings for WELCAST STEELS LTD are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of June 2021 and ending today, the 27th of January 2022. Click here to learn more.
WELCAST STEELS LTD cannot be verified against its exchange. It looks like WELCAST STEELS 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.

WELCAST STEELS 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. WELCAST STEELS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WELCAST STEELS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
WELCAST STEELS LTD is not yet fully synchronised with the market data
WELCAST STEELS LTD has some characteristics of a very speculative penny stock
WELCAST STEELS LTD is unlikely to experience financial distress in the next 2 years
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 WELCAST STEELS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
WELCAST STEELS LTD (ZWELCAST) is traded on Bombay Stock Exchange in India and employs 191 people. The company currently falls under 'Small-Cap' category with current market capitalization of 294.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WELCAST STEELS's market, we take the total number of its shares issued and multiply it by WELCAST STEELS'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. WELCAST STEELS LTD operates under Basic Materials sector and is part of Steel industry. The entity has 638.16 K outstanding shares. WELCAST STEELS LTD has accumulated about 3.47 M in cash with 60.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.43.
Check WELCAST STEELS Probability Of Bankruptcy

WELCAST Stock Against Markets

Picking the right benchmark for WELCAST STEELS 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 WELCAST STEELS 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 WELCAST STEELS is critical whether you are bullish or bearish towards WELCAST STEELS LTD at a given time.
WELCAST STEELS LTD cannot be verified against its exchange. It looks like WELCAST STEELS 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 WELCAST STEELS stock to make a market-neutral strategy. Peer analysis of WELCAST STEELS could also be used in its relative valuation, which is a method of valuing WELCAST STEELS by comparing valuation metrics with similar companies.
Check out Your Current Watchlist. Note that the WELCAST STEELS LTD information on this page should be used as a complementary analysis to other WELCAST STEELS'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Other Tools for WELCAST Stock

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