Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Comrade Appliances Limited manufactures and supplies home appliances, electrical machinery, and apparatus in India. The company offers air coolers, electric geysers, induction cooktops, and washing machines. It also provides plastic molding, metal pressing, assembling and packaging, and product design services. In addition, the company offers plastic moulded components for the consumer durable and electronics, household, pharma, automobile, and toy industries; and geyser parts, SS tank assembly plates, and cone/inner of fire extinguisher and stainless-steel items. Comrade Appliances Limited was incorporated in 2017 and is based in Mumbai, India.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks.