Loyal Textile (India) Today
Loyal Textile is trading at 598.35 as of the 5th of May 2024, a -3.2% down since the beginning of the trading day. The stock's lowest day price was 596.05. Equity ratings for Loyal Textile Mills are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of March 2024 and ending today, the 5th of May 2024. Click here to learn more.
Valuation
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Loyal 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. Loyal Textile's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Loyal Textile or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Consumer Discretionary, Textiles, Apparel & Luxury Goods, Textile Manufacturing, Consumer Cyclical (View all Sectors) |
Loyal Textile Mills (LOYALTEX) is traded on National Stock Exchange of India in India and employs 1,805 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.92 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Loyal Textile's market, we take the total number of its shares issued and multiply it by Loyal Textile'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. Loyal Textile Mills operates under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 4.82 M outstanding shares.
Loyal Textile generates positive cash flow from operations, but has no cash available
Check Loyal Textile Probability Of Bankruptcy
Loyal Stock Against Markets
Picking the right benchmark for Loyal Textile 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 Loyal Textile 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 Loyal Textile is critical whether you are bullish or bearish towards Loyal Textile Mills at a given time. Please also check how Loyal Textile's historical prices are related to one of the top price index indicators.
Loyal Textile 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 Loyal Textile stock to make a market-neutral strategy. Peer analysis of Loyal Textile could also be used in its relative valuation, which is a method of valuing Loyal Textile by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Loyal Textile Corporate Management
Elected by the shareholders, the Loyal Textile's board of directors comprises two types of representatives: Loyal Textile inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Loyal. The board's role is to monitor Loyal Textile's management team and ensure that shareholders' interests are well served. Loyal Textile'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, Loyal Textile's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mahadevan | Company Officer | Profile | |
| Vishala BSc | Executive Marketing | Profile | |
| Valli Ramaswami | Chairperson | Profile | |
| BCom DMA | Chief Officer | Profile |
How to buy Loyal Stock?
Before investing in Loyal Textile, 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 Loyal Textile. To buy Loyal Textile stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Loyal Textile. 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 Loyal Textile stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Loyal Textile Mills 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 Loyal Textile Mills 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 Loyal Textile Mills, 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 Loyal Textile Mills?
The danger of trading Loyal Textile Mills 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 Loyal Textile 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 Loyal Textile. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Loyal Textile Mills 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 Correlation Analysis 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 bureau of economic analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Loyal Stock analysis
When running Loyal Textile's price analysis, check to measure Loyal Textile'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 Loyal Textile is operating at the current time. Most of Loyal Textile's value examination focuses on studying past and present price action to predict the probability of Loyal Textile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Loyal Textile's price. Additionally, you may evaluate how the addition of Loyal Textile to your portfolios can decrease your overall portfolio volatility.
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