Automotive Stampings (India) Today
Automotive Stampings is selling for under 607.00 as of the 5th of May 2024; that is 0.74 percent up since the beginning of the trading day. The stock's lowest day price was 585.1. Equity ratings for Automotive Stampings and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of April 2024 and ending today, the 5th of May 2024. Click here to learn more.
Valuation
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Automotive 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. Automotive Stampings' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Automotive Stampings or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Manager CEO | Suhas Dode |
| Business Concentration | Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) |
Automotive Stampings and (ASAL) is traded on National Stock Exchange of India in India and employs 1,648 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 13.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Automotive Stampings's market, we take the total number of its shares issued and multiply it by Automotive Stampings'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 those looking for more risk prefer small-cap and mid-cap equities. Automotive Stampings and operates under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 15.86 M outstanding shares.
Automotive Stampings and has accumulated about 29.14 M in cash with 249.65 M of positive cash flow from operations.
Check Automotive Stampings Probability Of Bankruptcy
Automotive Stock Against Markets
Picking the right benchmark for Automotive Stampings 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 Automotive Stampings 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 Automotive Stampings is critical whether you are bullish or bearish towards Automotive Stampings and at a given time. Please also check how Automotive Stampings' historical prices are related to one of the top price index indicators.
Automotive Stampings 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 Automotive Stampings stock to make a market-neutral strategy. Peer analysis of Automotive Stampings could also be used in its relative valuation, which is a method of valuing Automotive Stampings by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Automotive Stampings Corporate Management
Elected by the shareholders, the Automotive Stampings' board of directors comprises two types of representatives: Automotive Stampings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Automotive. The board's role is to monitor Automotive Stampings' management team and ensure that shareholders' interests are well served. Automotive Stampings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Automotive Stampings' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Prasad Zinjurde | Company Officer | Profile | |
| Shrikant Joshi | Company Officer | Profile | |
| Jitendraa Dikkshit | Chief Officer | Profile | |
| Jayadev Mishra | Chief Officer | Profile |
How to buy Automotive Stock?
Before investing in Automotive Stampings, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Automotive Stampings. To buy Automotive Stampings stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Automotive Stampings. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Automotive Stampings stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Automotive Stampings and stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Automotive Stampings and stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Automotive Stampings and, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Automotive Stampings and?
The danger of trading Automotive Stampings and 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 Automotive Stampings 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 Automotive Stampings. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Automotive Stampings and 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 Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Automotive Stock analysis
When running Automotive Stampings' price analysis, check to measure Automotive Stampings' 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 Automotive Stampings is operating at the current time. Most of Automotive Stampings' value examination focuses on studying past and present price action to predict the probability of Automotive Stampings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Automotive Stampings' price. Additionally, you may evaluate how the addition of Automotive Stampings to your portfolios can decrease your overall portfolio volatility.
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