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ESAB India Limited is currently in a long term uptrend where the price is trading 9.7% above its 200 day moving average.
From a valuation standpoint, the stock is 48.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 4.3.
ESAB India Limited's total revenue rose by 8.7% to $2B since the same quarter in the previous year.
Its net income has dropped by 17.2% to $147M since the same quarter in the previous year.
Finally, its free cash flow fell by 52.9% to $277M since the same quarter in the previous year.
Based on the above factors, ESAB India Limited gets an overall score of 3/5.
Sector | Industrials |
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Exchange | NSE |
CurrencyCode | INR |
ISIN | INE284A01012 |
Industry | Tools & Accessories |
Market Cap | 79B |
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PE Ratio | 45.69 |
Beta | 0.4 |
Target Price | 440 |
Dividend Yield | 0.0% |
ESAB India Limited manufactures and sells welding and cutting equipment and consumables in India and internationally. The company offers gas equipment, such as cutting machines, H/VAC and plumbing, outfits, regulators, safety accessories, torches, and wear parts; arc gouging and exothermic cutting; manual plasma cutting products; filler metals, including aluminum, copper, hard facing, low alloy, mild steel, nickel, stainless steel, and other; cutting automation products comprising controls, cutting machines, gas cutting torches, plasma systems, process tools, and software; general supplies; plasma and welding equipment accessories; PPE products and accessories consisting of helmets and head protection products, gloves, clothes, eye protection products, and accessories; cobots; robotic feeders, power sources, torch cleaning stations, and torches, as well as weld data monitoring and software; standard, and air and water cooled torches; welders and wire feeders; power supplies; welding tractors; and digital solutions. It also provides engineering, support, and consulting services. The company sells its products under the AlcoTec, AMI, Arcair, Cigweld, Conarco, Condor, Exaton, Ewac, Firepower, Gasarc, GCE, InduSuite, Losarc, Octopuz, Soldexa, Stoody, Swift-Cut, TBi Industries, Thermal Dynamics, Thermal Dynamics Automation, Turbotorch, Tweco, Victor, and Westarco brands. It serves nuclear welding, wind energy, petrochemical, pipeline, LNG, repair and maintenance, mobile machinery, and shipbuilding solutions industries. The company was incorporated in 1987 and is headquartered in Chennai, India.
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