Classic Electrod

Why is Classic Electrodes (India) Ltd falling/rising?

As of 01-Sep, Classic Electrodes (India) Ltd's stock price is stable at 55.00, but it has declined significantly by 25.68% year-to-date and 42.11% over the past year, underperforming the benchmark Sensex. The stock's current price is above shorter-term moving averages but below the 200-day average, indicating a longer-term downward trend and decreased investor interest.

As of 01-Sep, Classic Electrodes (India) Ltd is experiencing a stable stock price at 55.00, with no change recorded (0.00%). However, the stock has shown a significant decline over various periods, with a year-to-date drop of 25.68% and a one-year decline of 42.11%. In contrast, the benchmark Sensex has only decreased by 7.94% over the same year-to-date period.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.6%. Additionally, while the stock's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, it remains lower than its 200-day moving average, suggesting a longer-term downward trend. <BR><BR>Investor participation has also decreased, with a delivery volume of 11.2k on August 31, which is a significant drop of 68.18% compared to the 5-day average. This decline in trading volume may indicate waning interest among investors, further contributing to the stock's struggles. Overall, the combination of poor performance relative to the benchmark, declining investor participation, and the stock's position relative to moving averages suggests that Classic Electrodes (India) Ltd is facing downward pressure in the market.

Which are the latest news on Classic Electrod?

What does Classic Electrod do?

Classic Electrodes (India) Ltd operates in the Electrodes & Refractories industry as a Micro Cap company with a market cap of INR 97 Cr. Key metrics include a P/E ratio of 8.00, a debt-equity ratio of 0.15, and a return on equity of 13.31%.

Overview:<BR>Classic Electrodes (India) Ltd operates in the Electrodes & Refractories industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>The incorporation year and any status changes are not provided. There are no sales and profit reports available for the latest quarter.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 97 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 8.00<BR>Industry P/E: 43<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.15<BR>Return on Equity (ROE): 13.31%<BR>Price-to-Book: 1.07<BR><BR>Contact Details:<BR>Registrar Address: Not available.

Who are the peers of the Classic Electrod?

Classic Electrod's peers include RHI Magnesita, IFGL Refractori, and Panasonic Carbon, among others. Key insights show excellent management risk and capital structure at IFGL Refractori and Panasonic Carbon, while Classic Electrod has average capital structure and below-average growth.

Peers: The peers of Classic Electrod are RHI Magnesita, IFGL Refractori., Orient Ceratech, DE Nora India, Royal Arc Ele., Refractory Shap., SP Refractories, Nilachal Refract, Panasonic Carbon.<BR><BR>Quality Snapshot: Excellent management risk is observed at IFGL Refractori., DE Nora India, Royal Arc Ele., SP Refractories, and Panasonic Carbon, while Average management risk is found at RHI Magnesita, Orient Ceratech, Refractory Shap., and the rest. Good growth is noted at Orient Ceratech, SP Refractories, and Panasonic Carbon, while Below Average growth is seen at RHI Magnesita, IFGL Refractori., Royal Arc Ele., Classic Electrod, Refractory Shap., and the rest. Average capital structure is present at Classic Electrod, RHI Magnesita, Refractory Shap., and the rest, while Excellent capital structure is noted at IFGL Refractori., DE Nora India, Royal Arc Ele., and Panasonic Carbon.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Orient Ceratech at 23.57%, while the lowest is Refractory Shap. at -56.06%. Classic Electrod's 1-year return is not available for comparison. Additionally, Refractory Shap. is the only peer with a negative six-month return.

How big is Classic Electrod?

As of 14th August, Classic Electrodes (India) Ltd has a market capitalization of 84.88 Cr, classified as a Micro Cap, with no available financial data for Net Sales or Net Profit for the latest four quarters. The balance sheet as of March 2025 shows Shareholder's Funds of 45.21 Cr and Total Assets of 115.16 Cr.

As of 14th August, <BR><BR>Market Cap: Classic Electrodes (India) Ltd has a market capitalization of 84.88 Cr, categorized as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 45.21 Cr and Total Assets valued at 115.16 Cr.