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Ador Welding Limited is currently in a long term uptrend where the price is trading 99.1% above its 200 day moving average.
From a valuation standpoint, the stock is 88.0% cheaper than other stocks from the Industrials sector with a price to sales ratio of 1.0.
Ador Welding Limited's total revenue rose by 5.7% to $1B since the same quarter in the previous year.
Its net income has dropped by 50.9% to $34M since the same quarter in the previous year.
Finally, its free cash flow grew by 1285.7% to $432M since the same quarter in the previous year.
Based on the above factors, Ador Welding Limited gets an overall score of 4/5.
Exchange | NSE |
---|---|
Sector | Industrials |
Industry | Specialty Industrial Machinery |
CurrencyCode | INR |
ISIN | INE045A01017 |
Target Price | 1250 |
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Dividend Yield | 4.2% |
Market Cap | 15B |
PE Ratio | 33.22 |
Beta | 0.42 |
Ador Welding Limited manufactures and supplies welding equipment, consumables, and automation solutions in India and internationally. The company operates through three segments: Consumables; Equipment and Automation; and Flares & Process Equipment. It provides welding electrodes, including C-Mn steel, low alloy and stainless steel, cellulosic, hardfacing, gouging and cutting, cast iron, and nickel and nickel alloys; and wires and fluxes products comprising submerged arc welding fluxes and wires, and flux cored arc welding products, as well as metal cored arc wire, gas metal arc welding (GMAW), and gas tungsten arc welding (GTAW) products; and brazing rods and fluxes. The company also offers welding equipment, such as MMA, TIG, MIG equipment, air plasma cutting, submerged arc welding, advanced multipurpose synergic, and TIG add on units; gas cutting products, gas cutting-welding accessories, flares and process equipment, and personal protective equipment; and CNC cutting machines. In addition, it engages in the design, manufacture, erection, commissioning, mechanical, electrical, and instrumentation of process packages, process equipment, and flare system and components, as well as undertaking various EPC contracts. Further, the company provides welding and cutting automation products, such as robotic systems, columns, booms, positioners, rotators, and special purpose machines; and skill development services. It serves heavy fabrication, rail coach manufacturing, railway workshops, Indian defense, oil and gas, ship building, power plants, automobiles, hydro plants, nuclear plants, steel manufacturing, sugar industries, cement industries, and other metal manufacturing industries. The company was formerly known as Advani-Oerlikon Ltd. The company was incorporated in 1951 and is headquartered in Mumbai, India. Ador Welding Limited is a subsidiary of J. B. Advani & Company Private Limited.
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