TruCap Finance (India) Today
TruCap Finance is trading at 66.40 as of the 30th of April 2024, a -3.07 percent decrease since the beginning of the trading day. The stock's lowest day price was 65.15. Equity ratings for TruCap Finance Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 30th of April 2024. Click here to learn more.
Valuation
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TruCap 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. TruCap Finance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TruCap Finance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO MD | Rohanjeet Juneja |
| Business Concentration | Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors) |
TruCap Finance Limited (TRU) is traded on National Stock Exchange of India in India and employs 474 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.07 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TruCap Finance's market, we take the total number of its shares issued and multiply it by TruCap Finance'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. TruCap Finance operates under Consumer Finance sector and is part of Financials industry. The entity has 116.9 M outstanding shares.
TruCap Finance generates negative cash flow from operations
Check TruCap Finance Probability Of Bankruptcy
TruCap Stock Against Markets
Picking the right benchmark for TruCap Finance 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 TruCap Finance 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 TruCap Finance is critical whether you are bullish or bearish towards TruCap Finance Limited at a given time. Please also check how TruCap Finance's historical prices are related to one of the top price index indicators.
TruCap Finance 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 TruCap Finance stock to make a market-neutral strategy. Peer analysis of TruCap Finance could also be used in its relative valuation, which is a method of valuing TruCap Finance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TruCap Finance Corporate Management
Elected by the shareholders, the TruCap Finance's board of directors comprises two types of representatives: TruCap Finance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TruCap. The board's role is to monitor TruCap Finance's management team and ensure that shareholders' interests are well served. TruCap Finance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TruCap Finance's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Vivek Dugar | Head Sales | Profile | |
| Gaurav Bhargava | B Loans | Profile | |
| Sonal Sharma | Company Officer | Profile | |
| Sanjay Kukreja | Chief Officer | Profile | |
| Lalit Chendvankar | Chief Secretarial | Profile | |
| Mahendra Servaiya | Chief Officer | Profile |
How to buy TruCap Stock?
Before investing in TruCap Finance, 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 TruCap Finance. To buy TruCap Finance stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TruCap Finance. 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 TruCap Finance stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TruCap Finance Limited 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 TruCap Finance Limited 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 TruCap Finance Limited, 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 TruCap Finance Limited?
The danger of trading TruCap Finance Limited 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 TruCap Finance 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 TruCap Finance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TruCap Finance 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 World Market Map 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for TruCap Stock analysis
When running TruCap Finance's price analysis, check to measure TruCap Finance'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 TruCap Finance is operating at the current time. Most of TruCap Finance's value examination focuses on studying past and present price action to predict the probability of TruCap Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TruCap Finance's price. Additionally, you may evaluate how the addition of TruCap Finance to your portfolios can decrease your overall portfolio volatility.
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