Is Electrosteel Castings stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Electrosteel Castings pays dividends. Last time was Sunday 22nd of September 2024 where the investors holding the stock on Friday 16th of August 2024 were paid INR0.9 per share. Over the last 25 times between 2002 and 2024, Electrosteel Castings has paid INR80.05 with an average of INR3.2 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Electrosteel Castings 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR15.80, you would have made a profit of INR194.07 per share or 1 228.29%
Yes, the average daily trading liquidity for Electrosteel Castings is INR2.94 million. You should therefore be able to get in and out of your positions relatively fast.
Electrosteel Castings has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.40, the company's ability to pay off the debt is normal. Electrosteel Castings has a good net profit margin of 9.89% and should have high tolerances against inflation.
We have calculated the inflation risk for Electrosteel Castings to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.