25 XP   0   0   10

3M India Limited
Buy, Hold or Sell?

Let's analyse 3M India Limited together

PenkeI guess you are interested in 3M India Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of 3M India Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about 3M India Limited

I send you an email if I find something interesting about 3M India Limited.

Quick analysis of 3M India Limited (30 sec.)










What can you expect buying and holding a share of 3M India Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR40.70
When do you have the money?
1 year
How often do you get paid?
10.0%

What is your share worth?

Current worth
INR1,489.09
Expected worth in 1 year
INR-307.98
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR1,594.22
Return On Investment
5.1%

For what price can you sell your share?

Current Price per Share
INR31,193.35
Expected price per share
INR27,722 - INR34,850
How sure are you?
50%

1. Valuation of 3M India Limited (5 min.)




Live pricePrice per Share (EOD)

INR31,193.35

Intrinsic Value Per Share

INR3,043.58 - INR5,494.72

Total Value Per Share

INR4,532.67 - INR6,983.81

2. Growth of 3M India Limited (5 min.)




Is 3M India Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$201.2m$262m-$60.7m-30.2%

How much money is 3M India Limited making?

Current yearPrevious yearGrowGrow %
Making money$54.1m$32.6m$21.4m39.7%
Net Profit Margin11.4%8.2%--

How much money comes from the company's main activities?

3. Financial Health of 3M India Limited (5 min.)




4. Comparing to competitors in the Conglomerates industry (5 min.)




  Industry Rankings (Conglomerates)  


Richest
#156 / 248

Most Revenue
#89 / 248

Most Profit
#59 / 248

What can you expect buying and holding a share of 3M India Limited? (5 min.)

Welcome investor! 3M India Limited's management wants to use your money to grow the business. In return you get a share of 3M India Limited.

What can you expect buying and holding a share of 3M India Limited?

First you should know what it really means to hold a share of 3M India Limited. And how you can make/lose money.

Speculation

The Price per Share of 3M India Limited is INR31,193. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of 3M India Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in 3M India Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR1,489.09. Based on the TTM, the Book Value Change Per Share is INR-449.27 per quarter. Based on the YOY, the Book Value Change Per Share is INR242.56 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR847.82 per quarter.
Based on historical numbers we can estimate the returns while holding a share of 3M India Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps4.800.0%4.800.0%2.900.0%3.350.0%2.660.0%
Usd Book Value Change Per Share-5.390.0%-5.390.0%2.910.0%0.300.0%1.090.0%
Usd Dividend Per Share10.170.0%10.170.0%0.000.0%2.030.0%1.020.0%
Usd Total Gains Per Share4.780.0%4.780.0%2.910.0%2.330.0%2.110.0%
Usd Price Per Share275.57-275.57-236.37-278.85-203.23-
Price to Earnings Ratio57.36-57.36-81.59-98.11-84.73-
Price-to-Total Gains Ratio57.62-57.62-81.21-31.46-52.28-
Price to Book Ratio15.42-15.42-10.16-14.94-12.83-
Price-to-Total Gains Ratio57.62-57.62-81.21-31.46-52.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share374.3202
Number of shares2
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share10.172.03
Usd Book Value Change Per Share-5.390.30
Usd Total Gains Per Share4.782.33
Gains per Quarter (2 shares)9.574.67
Gains per Year (2 shares)38.2618.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
181-43281629
2163-866633528
3244-12910449747
4326-173142651066
5407-216180811285
6488-2592189814104
7570-30225611417123
8651-34529413019142
9733-38833214722161
10814-43137016324180

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%15.02.00.088.2%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%1.00.04.020.0%1.00.09.010.0%1.00.016.05.9%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%16.01.00.094.1%

Fundamentals of 3M India Limited

About 3M India Limited

3M India Limited manufactures and trades in various products for health care, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction industries in India. The company operates through four segments: Safety and Industrial, Health Care, Transportation and Electronics, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. This segment serves industrial, electrical, vehicle maintenance, and safety markets. The Health Care segment provides medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. The Transportation and Electronics segment offers personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry, as well as traffic signs, and pavement marking and vehicle registration products and services; films, inks, and digital signage products; wall and glass cladding products; and projection systems, computer and ATM-screen privacy filters, and brightness enhancement films. The Consumer segment provides home and office tapes, adhesives, and packaging protection platforms under the Scotch brand; note pads, dispensers, flagging solution, and labels under the Post-it brand; and stain protection products under the Scotchguard brand. It also exports its products. 3M India Limited was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.

Fundamental data was last updated by Penke on 2024-03-23 05:10:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of 3M India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit 3M India Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • A Net Profit Margin of 11.4% means that ₹0.11 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of 3M India Limited:

  • The MRQ is 11.4%. The company is making a huge profit. +2
  • The TTM is 11.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.4%TTM11.4%0.0%
TTM11.4%YOY8.2%+3.2%
TTM11.4%5Y9.7%+1.6%
5Y9.7%10Y8.9%+0.8%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4%4.1%+7.3%
TTM11.4%3.9%+7.5%
YOY8.2%3.8%+4.4%
5Y9.7%2.9%+6.8%
10Y8.9%3.8%+5.1%
1.1.2. Return on Assets

Shows how efficient 3M India Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • 16.6% Return on Assets means that 3M India Limited generated ₹0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of 3M India Limited:

  • The MRQ is 16.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 16.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.6%TTM16.6%0.0%
TTM16.6%YOY9.0%+7.6%
TTM16.6%5Y12.5%+4.1%
5Y12.5%10Y11.8%+0.8%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ16.6%0.8%+15.8%
TTM16.6%0.8%+15.8%
YOY9.0%0.8%+8.2%
5Y12.5%0.7%+11.8%
10Y11.8%0.8%+11.0%
1.1.3. Return on Equity

Shows how efficient 3M India Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • 26.9% Return on Equity means 3M India Limited generated ₹0.27 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of 3M India Limited:

  • The MRQ is 26.9%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 26.9%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ26.9%TTM26.9%0.0%
TTM26.9%YOY12.5%+14.4%
TTM26.9%5Y18.4%+8.5%
5Y18.4%10Y17.1%+1.2%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ26.9%2.1%+24.8%
TTM26.9%2.0%+24.9%
YOY12.5%3.1%+9.4%
5Y18.4%1.9%+16.5%
10Y17.1%2.2%+14.9%

1.2. Operating Efficiency of 3M India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient 3M India Limited is operating .

  • Measures how much profit 3M India Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • An Operating Margin of 15.5% means the company generated ₹0.16  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of 3M India Limited:

  • The MRQ is 15.5%. The company is operating efficient. +1
  • The TTM is 15.5%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ15.5%TTM15.5%0.0%
TTM15.5%YOY11.0%+4.6%
TTM15.5%5Y13.6%+1.9%
5Y13.6%10Y13.1%+0.5%
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ15.5%8.1%+7.4%
TTM15.5%4.7%+10.8%
YOY11.0%7.0%+4.0%
5Y13.6%5.6%+8.0%
10Y13.1%5.1%+8.0%
1.2.2. Operating Ratio

Measures how efficient 3M India Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Conglomerates industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are ₹0.86 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of 3M India Limited:

  • The MRQ is 0.862. The company is less efficient in keeping operating costs low.
  • The TTM is 0.862. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.862TTM0.8620.000
TTM0.862YOY0.896-0.034
TTM0.8625Y0.875-0.013
5Y0.87510Y0.878-0.003
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8621.508-0.646
TTM0.8621.497-0.635
YOY0.8961.422-0.526
5Y0.8751.409-0.534
10Y0.8781.189-0.311

1.3. Liquidity of 3M India Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if 3M India Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Conglomerates industry mean).
  • A Current Ratio of 2.17 means the company has ₹2.17 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of 3M India Limited:

  • The MRQ is 2.170. The company is able to pay all its short-term debts. +1
  • The TTM is 2.170. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.170TTM2.1700.000
TTM2.170YOY3.205-1.035
TTM2.1705Y2.861-0.691
5Y2.86110Y2.649+0.212
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1701.466+0.704
TTM2.1701.480+0.690
YOY3.2051.475+1.730
5Y2.8611.555+1.306
10Y2.6491.494+1.155
1.3.2. Quick Ratio

Measures if 3M India Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • A Quick Ratio of 1.49 means the company can pay off ₹1.49 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of 3M India Limited:

  • The MRQ is 1.488. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.488. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.488TTM1.4880.000
TTM1.488YOY2.515-1.027
TTM1.4885Y2.115-0.627
5Y2.11510Y1.899+0.215
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4880.719+0.769
TTM1.4880.753+0.735
YOY2.5150.801+1.714
5Y2.1150.864+1.251
10Y1.8990.826+1.073

1.4. Solvency of 3M India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of 3M India Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare 3M India Limited to Conglomerates industry mean.
  • A Debt to Asset Ratio of 0.38 means that 3M India Limited assets are financed with 38.2% credit (debt) and the remaining percentage (100% - 38.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of 3M India Limited:

  • The MRQ is 0.382. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.382. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.382TTM0.3820.000
TTM0.382YOY0.274+0.108
TTM0.3825Y0.304+0.078
5Y0.30410Y0.307-0.003
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3820.551-0.169
TTM0.3820.559-0.177
YOY0.2740.563-0.289
5Y0.3040.569-0.265
10Y0.3070.556-0.249
1.4.2. Debt to Equity Ratio

Measures if 3M India Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare 3M India Limited to the Conglomerates industry mean.
  • A Debt to Equity ratio of 61.8% means that company has ₹0.62 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of 3M India Limited:

  • The MRQ is 0.618. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.618. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.618TTM0.6180.000
TTM0.618YOY0.377+0.242
TTM0.6185Y0.443+0.175
5Y0.44310Y0.449-0.006
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6181.308-0.690
TTM0.6181.348-0.730
YOY0.3771.456-1.079
5Y0.4431.574-1.131
10Y0.4491.498-1.049

2. Market Valuation of 3M India Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings 3M India Limited generates.

  • Above 15 is considered overpriced but always compare 3M India Limited to the Conglomerates industry mean.
  • A PE ratio of 57.36 means the investor is paying ₹57.36 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of 3M India Limited:

  • The EOD is 77.912. Based on the earnings, the company is expensive. -2
  • The MRQ is 57.357. Based on the earnings, the company is expensive. -2
  • The TTM is 57.357. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD77.912MRQ57.357+20.555
MRQ57.357TTM57.3570.000
TTM57.357YOY81.587-24.230
TTM57.3575Y98.114-40.758
5Y98.11410Y84.728+13.387
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD77.9127.557+70.355
MRQ57.3577.358+49.999
TTM57.3577.358+49.999
YOY81.5877.337+74.250
5Y98.1148.424+89.690
10Y84.72814.700+70.028
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of 3M India Limited:

  • The EOD is 86.710. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 63.834. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 63.834. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD86.710MRQ63.834+22.876
MRQ63.834TTM63.8340.000
TTM63.834YOY86.319-22.484
TTM63.8345Y99.412-35.577
5Y99.41210Y229.013-129.602
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD86.7102.262+84.448
MRQ63.8342.098+61.736
TTM63.8341.082+62.752
YOY86.3190.520+85.799
5Y99.4120.861+98.551
10Y229.0130.702+228.311
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of 3M India Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Conglomerates industry mean).
  • A PB ratio of 15.42 means the investor is paying ₹15.42 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of 3M India Limited:

  • The EOD is 20.948. Based on the equity, the company is expensive. -2
  • The MRQ is 15.421. Based on the equity, the company is expensive. -2
  • The TTM is 15.421. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD20.948MRQ15.421+5.527
MRQ15.421TTM15.4210.000
TTM15.421YOY10.162+5.260
TTM15.4215Y14.944+0.478
5Y14.94410Y12.830+2.114
Compared to industry (Conglomerates)
PeriodCompanyIndustry (mean)+/- 
EOD20.9480.950+19.998
MRQ15.4210.901+14.520
TTM15.4210.944+14.477
YOY10.1621.032+9.130
5Y14.9441.110+13.834
10Y12.8301.303+11.527
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of 3M India Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---449.266-449.2660%242.558-285%24.998-1897%90.637-596%
Book Value Per Share--1489.0861489.0860%1938.352-23%1589.880-6%1263.542+18%
Current Ratio--2.1702.1700%3.205-32%2.861-24%2.649-18%
Debt To Asset Ratio--0.3820.3820%0.274+40%0.304+26%0.307+24%
Debt To Equity Ratio--0.6180.6180%0.377+64%0.443+40%0.449+38%
Dividend Per Share--847.820847.8200%-+100%169.564+400%84.782+900%
Eps--400.369400.3690%241.428+66%279.397+43%221.384+81%
Free Cash Flow Per Share--359.742359.7420%228.193+58%244.426+47%198.401+81%
Free Cash Flow To Equity Per Share---509.905-509.9050%209.379-344%58.490-972%87.480-683%
Gross Profit Margin--0.8790.8790%0.804+9%0.775+13%0.610+44%
Intrinsic Value_10Y_max--5494.719--------
Intrinsic Value_10Y_min--3043.584--------
Intrinsic Value_1Y_max--338.080--------
Intrinsic Value_1Y_min--227.582--------
Intrinsic Value_3Y_max--1177.767--------
Intrinsic Value_3Y_min--754.886--------
Intrinsic Value_5Y_max--2212.736--------
Intrinsic Value_5Y_min--1356.066--------
Market Cap351396207085.000+26%258690066635.000258690066635.0000%221892054230.000+17%261770733532.000-1%190779875748.000+36%
Net Profit Margin--0.1140.1140%0.082+40%0.097+17%0.089+28%
Operating Margin--0.1550.1550%0.110+42%0.136+14%0.131+18%
Operating Ratio--0.8620.8620%0.896-4%0.875-1%0.878-2%
Pb Ratio20.948+26%15.42115.4210%10.162+52%14.944+3%12.830+20%
Pe Ratio77.912+26%57.35757.3570%81.587-30%98.114-42%84.728-32%
Price Per Share31193.350+26%22963.85022963.8500%19697.300+17%23237.320-1%16935.480+36%
Price To Free Cash Flow Ratio86.710+26%63.83463.8340%86.319-26%99.412-36%229.013-72%
Price To Total Gains Ratio78.266+26%57.61857.6180%81.207-29%31.465+83%52.277+10%
Quick Ratio--1.4881.4880%2.515-41%2.115-30%1.899-22%
Return On Assets--0.1660.1660%0.090+84%0.125+33%0.118+41%
Return On Equity--0.2690.2690%0.125+116%0.184+46%0.171+57%
Total Gains Per Share--398.554398.5540%242.558+64%194.562+105%175.419+127%
Usd Book Value--201296460.000201296460.0000%262028736.000-23%214921939.200-6%170807106.000+18%
Usd Book Value Change Per Share---5.391-5.3910%2.911-285%0.300-1897%1.088-596%
Usd Book Value Per Share--17.86917.8690%23.260-23%19.079-6%15.163+18%
Usd Dividend Per Share--10.17410.1740%-+100%2.035+400%1.017+900%
Usd Eps--4.8044.8040%2.897+66%3.353+43%2.657+81%
Usd Free Cash Flow--48630360.00048630360.0000%30847392.000+58%33041860.800+47%26820025.200+81%
Usd Free Cash Flow Per Share--4.3174.3170%2.738+58%2.933+47%2.381+81%
Usd Free Cash Flow To Equity Per Share---6.119-6.1190%2.513-344%0.702-972%1.050-683%
Usd Market Cap4216754485.020+26%3104280799.6203104280799.6200%2662704650.760+17%3141248802.384-1%2289358508.976+36%
Usd Price Per Share374.320+26%275.566275.5660%236.368+17%278.848-1%203.226+36%
Usd Profit--54122304.00054122304.0000%32636532.000+66%37769181.600+43%29727246.000+82%
Usd Revenue--475124124.000475124124.0000%400072668.000+19%381484526.400+25%317892679.200+49%
Usd Total Gains Per Share--4.7834.7830%2.911+64%2.335+105%2.105+127%
 EOD+4 -4MRQTTM+0 -0YOY+22 -145Y+21 -1510Y+26 -10

3.2. Fundamental Score

Let's check the fundamental score of 3M India Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1577.912
Price to Book Ratio (EOD)Between0-120.948
Net Profit Margin (MRQ)Greater than00.114
Operating Margin (MRQ)Greater than00.155
Quick Ratio (MRQ)Greater than11.488
Current Ratio (MRQ)Greater than12.170
Debt to Asset Ratio (MRQ)Less than10.382
Debt to Equity Ratio (MRQ)Less than10.618
Return on Equity (MRQ)Greater than0.150.269
Return on Assets (MRQ)Greater than0.050.166
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of 3M India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.039
Ma 20Greater thanMa 5030,528.123
Ma 50Greater thanMa 10031,772.696
Ma 100Greater thanMa 20032,014.585
OpenGreater thanClose31,475.100
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets27,144,247
Total Liabilities10,369,542
Total Stockholder Equity16,774,705
 As reported
Total Liabilities 10,369,542
Total Stockholder Equity+ 16,774,705
Total Assets = 27,144,247

Assets

Total Assets27,144,247
Total Current Assets21,274,416
Long-term Assets5,869,831
Total Current Assets
Cash And Cash Equivalents 7,982,054
Short-term Investments 123,987
Net Receivables 6,354,192
Inventory 6,107,410
Other Current Assets 706,773
Total Current Assets  (as reported)21,274,416
Total Current Assets  (calculated)21,274,416
+/-0
Long-term Assets
Property Plant Equipment 3,622,314
Intangible Assets 3,106
Long-term Assets Other 2,038,440
Long-term Assets  (as reported)5,869,831
Long-term Assets  (calculated)5,663,860
+/- 205,971

Liabilities & Shareholders' Equity

Total Current Liabilities9,803,423
Long-term Liabilities566,119
Total Stockholder Equity16,774,705
Total Current Liabilities
Short-term Debt 131,574
Accounts payable 7,644,436
Other Current Liabilities 1,979,636
Total Current Liabilities  (as reported)9,803,423
Total Current Liabilities  (calculated)9,755,646
+/- 47,777
Long-term Liabilities
Long term Debt Total 135,900
Other Liabilities 430,219
Long-term Liabilities  (as reported)566,119
Long-term Liabilities  (calculated)566,119
+/-0
Total Stockholder Equity
Common Stock112,651
Retained Earnings 16,626,423
Accumulated Other Comprehensive Income -59,360
Capital Surplus 94,990
Total Stockholder Equity (as reported)16,774,705
Total Stockholder Equity (calculated)16,774,704
+/- 1
Other
Capital Stock112,651
Cash And Equivalents7,982,054
Cash and Short Term Investments 8,106,041
Common Stock Shares Outstanding 11,265
Current Deferred Revenue47,777
Liabilities and Stockholders Equity 27,144,247
Net Debt -7,714,580
Net Invested Capital 16,774,705
Net Tangible Assets 16,771,599
Net Working Capital 11,470,993
Property Plant and Equipment Gross 3,622,314
Short Long Term Debt Total 267,474



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312009-03-312008-03-312007-03-312006-03-31
> Total Assets 
2,497,676
3,137,067
3,984,729
4,769,107
7,510,474
9,213,527
10,627,302
10,877,366
11,280,992
13,990,979
18,985,401
21,353,525
21,183,226
23,713,560
26,515,303
30,059,443
27,144,247
27,144,24730,059,44326,515,30323,713,56021,183,22621,353,52518,985,40113,990,97911,280,99210,877,36610,627,3029,213,5277,510,4744,769,1073,984,7293,137,0672,497,676
   > Total Current Assets 
2,191,878
2,663,484
2,967,240
3,284,639
4,781,871
5,682,001
6,068,952
6,274,109
6,949,628
9,831,311
15,271,834
17,418,733
16,568,244
18,687,401
21,377,223
24,370,087
21,274,416
21,274,41624,370,08721,377,22318,687,40116,568,24417,418,73315,271,8349,831,3116,949,6286,274,1096,068,9525,682,0014,781,8713,284,6392,967,2402,663,4842,191,878
       Cash And Cash Equivalents 
762,014
996,542
959,909
524,836
507,381
538,898
595,834
597,018
1,139,095
3,708,750
7,441,590
7,893,124
5,574,666
7,805,716
10,624,229
13,278,645
7,982,054
7,982,05413,278,64510,624,2297,805,7165,574,6667,893,1247,441,5903,708,7501,139,095597,018595,834538,898507,381524,836959,909996,542762,014
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
179,063
411,409
324,746
0
293,983
283,564
123,987
123,987283,564293,9830324,746411,409179,0630000000000
       Net Receivables 
0
0
0
0
0
0
0
2,651,773
2,562,283
3,236,889
4,264,478
6,134,901
6,237,610
5,634,095
5,247,076
5,564,386
6,354,192
6,354,1925,564,3865,247,0765,634,0956,237,6106,134,9014,264,4783,236,8892,562,2832,651,7730000000
       Inventory 
601,544
661,683
675,670
1,059,699
1,589,261
2,137,166
2,252,110
2,582,379
2,955,655
2,905,115
3,317,780
3,472,893
4,112,640
4,386,569
4,565,477
4,895,794
6,107,410
6,107,4104,895,7944,565,4774,386,5694,112,6403,472,8933,317,7802,905,1152,955,6552,582,3792,252,1102,137,1661,589,2611,059,699675,670661,683601,544
       Other Current Assets 
828,319
1,005,259
1,331,661
1,700,105
2,685,228
3,005,937
3,221,008
3,094,712
2,854,878
3,217,446
4,512,464
6,052,716
6,880,938
788,422
940,441
631,262
706,773
706,773631,262940,441788,4226,880,9386,052,7164,512,4643,217,4462,854,8783,094,7123,221,0083,005,9372,685,2281,700,1051,331,6611,005,259828,319
   > Long-term Assets 
305,798
473,582
1,017,488
1,484,468
2,728,604
3,531,526
4,558,350
4,603,257
4,331,364
4,159,668
3,713,567
3,934,792
4,614,982
5,026,159
5,138,080
5,689,356
5,869,831
5,869,8315,689,3565,138,0805,026,1594,614,9823,934,7923,713,5674,159,6684,331,3644,603,2574,558,3503,531,5262,728,6041,484,4681,017,488473,582305,798
       Property Plant Equipment 
293,312
443,210
974,233
1,433,219
2,622,983
3,046,542
4,188,063
4,238,246
3,884,060
3,499,132
3,170,982
2,906,644
2,981,847
3,125,437
2,894,160
3,298,156
3,622,314
3,622,3143,298,1562,894,1603,125,4372,981,8472,906,6443,170,9823,499,1323,884,0604,238,2464,188,0633,046,5422,622,9831,433,219974,233443,210293,312
       Intangible Assets 
0
0
0
0
0
60,207
15,982
14,756
6,436
4,836
4,929
3,117
2,590
3,477
3,412
5,617
3,106
3,1065,6173,4123,4772,5903,1174,9294,8366,43614,75615,98260,20700000
       Other Assets 
0
0
0
0
0
0
0
350,255
440,868
83,709
867,548
1,249,640
1,630,545
1,897,245
2,240,508
2,385,579
762,611
762,6112,385,5792,240,5081,897,2451,630,5451,249,640867,54883,709440,868350,2550000000
> Total Liabilities 
763,611
898,796
1,081,723
1,291,553
2,116,480
3,171,816
4,062,938
3,883,100
3,203,857
3,904,546
6,721,460
5,986,853
6,854,869
6,204,833
7,412,012
8,223,715
10,369,542
10,369,5428,223,7157,412,0126,204,8336,854,8695,986,8536,721,4603,904,5463,203,8573,883,1004,062,9383,171,8162,116,4801,291,5531,081,723898,796763,611
   > Total Current Liabilities 
763,611
898,796
1,081,723
1,291,553
1,995,155
2,969,154
3,857,380
3,706,044
2,943,031
3,615,498
6,456,197
5,721,344
6,489,806
5,712,946
6,886,219
7,604,601
9,803,423
9,803,4237,604,6016,886,2195,712,9466,489,8065,721,3446,456,1973,615,4982,943,0313,706,0443,857,3802,969,1541,995,1551,291,5531,081,723898,796763,611
       Short-term Debt 
0
0
0
0
0
611,896
1,660,281
1,141,970
67,662
54,348
51,621
45,843
61,896
244,921
126,957
177,349
131,574
131,574177,349126,957244,92161,89645,84351,62154,34867,6621,141,9701,660,281611,89600000
       Short Long Term Debt 
0
0
0
0
0
0
0
1,209,398
143,099
111,597
97,820
94,617
0
0
0
0
0
0000094,61797,820111,597143,0991,209,3980000000
       Accounts payable 
0
0
0
0
0
1,464,762
1,279,667
1,294,323
1,566,764
2,152,638
3,998,376
3,207,995
3,558,154
3,128,703
4,109,485
5,384,431
7,644,436
7,644,4365,384,4314,109,4853,128,7033,558,1543,207,9953,998,3762,152,6381,566,7641,294,3231,279,6671,464,76200000
       Other Current Liabilities 
763,611
898,796
1,081,723
1,291,553
1,995,155
892,496
917,432
1,269,751
1,308,605
1,408,512
2,406,200
2,280,674
2,686,189
322,049
276,339
2,008,111
1,979,636
1,979,6362,008,111276,339322,0492,686,1892,280,6742,406,2001,408,5121,308,6051,269,751917,432892,4961,995,1551,291,5531,081,723898,796763,611
   > Long-term Liabilities 
0
0
0
0
121,325
202,662
205,558
177,056
260,826
289,048
265,263
265,509
365,063
491,887
525,793
619,114
566,119
566,119619,114525,793491,887365,063265,509265,263289,048260,826177,056205,558202,662121,3250000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
57,249
46,199
52,392
76,054
176,363
104,302
550,718
135,900
135,900550,718104,302176,36376,05452,39246,19957,249000000000
       Other Liabilities 
0
0
0
0
0
0
0
109,628
185,389
144,917
219,064
236,911
289,009
315,524
421,491
550,718
430,219
430,219550,718421,491315,524289,009236,911219,064144,917185,389109,6280000000
> Total Stockholder Equity
1,734,066
2,238,271
2,903,005
3,477,554
5,393,994
6,041,711
6,564,364
6,994,266
8,077,135
10,086,433
12,263,941
15,366,672
14,328,357
17,508,727
19,103,291
21,835,728
16,774,705
16,774,70521,835,72819,103,29117,508,72714,328,35715,366,67212,263,94110,086,4338,077,1356,994,2666,564,3646,041,7115,393,9943,477,5542,903,0052,238,2711,734,066
   Common Stock
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651
112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651112,651
   Retained Earnings 
1,523,200
2,027,405
2,692,140
3,266,689
5,183,128
0
6,353,498
6,783,400
7,866,269
9,875,567
12,083,457
15,188,813
14,126,373
17,348,065
18,971,830
21,691,541
16,626,423
16,626,42321,691,54118,971,83017,348,06514,126,37315,188,81312,083,4579,875,5677,866,2696,783,4006,353,49805,183,1283,266,6892,692,1402,027,4051,523,200
   Accumulated Other Comprehensive Income -59,360-63,454-76,180-46,979-1,690,858-1,260,233-830,661-2,249,256-1,893,544-1,606,262-1,312,072-976,082-716,482-448,582-382,078-415,353-350,799
   Capital Surplus 
0
0
0
0
0
0
0
0
94,990
94,990
0
94,990
94,990
94,990
94,990
94,990
94,990
94,99094,99094,99094,99094,99094,990094,99094,99000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
449,014
513,568
480,293
546,797
814,697
6,905,142
1,410,287
1,704,477
1,991,759
2,347,471
898,494
1,325,441
1,780,191
48,011
18,810
31,536
35,631
35,63131,53618,81048,0111,780,1911,325,441898,4942,347,4711,991,7591,704,4771,410,2876,905,142814,697546,797480,293513,568449,014



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue39,593,677
Cost of Revenue-24,603,080
Gross Profit14,990,59714,990,597
 
Operating Income (+$)
Gross Profit14,990,597
Operating Expense-9,524,472
Operating Income6,147,0845,466,125
 
Operating Expense (+$)
Research Development392,286
Selling General Administrative252,591
Selling And Marketing Expenses543,558
Operating Expense9,524,4721,188,435
 
Net Interest Income (+$)
Interest Income72,703
Interest Expense-72,703
Other Finance Cost-72,703
Net Interest Income-72,703
 
Pretax Income (+$)
Operating Income6,147,084
Net Interest Income-72,703
Other Non-Operating Income Expenses0
Income Before Tax (EBT)6,074,3816,219,787
EBIT - interestExpense = 6,074,381
6,074,381
4,582,895
Interest Expense72,703
Earnings Before Interest and Taxes (EBIT)6,147,0846,147,084
Earnings Before Interest and Taxes (EBITDA)6,723,875
 
After tax Income (+$)
Income Before Tax6,074,381
Tax Provision-1,564,189
Net Income From Continuing Ops4,510,1924,510,192
Net Income4,510,192
Net Income Applicable To Common Shares4,510,192
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses34,127,552
Total Other Income/Expenses Net-72,70372,703
 

Technical Analysis of 3M India Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of 3M India Limited. The general trend of 3M India Limited is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine 3M India Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of 3M India Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 32,381 < 34,587 < 34,850.

The bearish price targets are: 29,203 > 28,870 > 27,722.

Tweet this
3M India Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of 3M India Limited. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

3M India Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of 3M India Limited. The current macd is -222.20424795.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the 3M India Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for 3M India Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the 3M India Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
3M India Limited Daily Moving Average Convergence/Divergence (MACD) Chart3M India Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of 3M India Limited. The current adx is 15.02.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy 3M India Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
3M India Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of 3M India Limited. The current sar is 29,449.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
3M India Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of 3M India Limited. The current rsi is 53.04. The current phase is Correction in bear market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
3M India Limited Daily Relative Strength Index (RSI) Chart3M India Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of 3M India Limited. The current phase is Overbought in bear market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the 3M India Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
3M India Limited Daily Stochastic Oscillator Chart3M India Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of 3M India Limited. The current cci is 98.48.

3M India Limited Daily Commodity Channel Index (CCI) Chart3M India Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of 3M India Limited. The current cmo is 16.54.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
3M India Limited Daily Chande Momentum Oscillator (CMO) Chart3M India Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of 3M India Limited. The current willr is -18.91159512.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
3M India Limited Daily Williams %R Chart3M India Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of 3M India Limited.

3M India Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of 3M India Limited. The current atr is 836.88.

3M India Limited Daily Average True Range (ATR) Chart3M India Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of 3M India Limited. The current obv is 352,737.

3M India Limited Daily On-Balance Volume (OBV) Chart3M India Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of 3M India Limited. The current mfi is 83.40.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
3M India Limited Daily Money Flow Index (MFI) Chart3M India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for 3M India Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

3M India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of 3M India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.039
Ma 20Greater thanMa 5030,528.123
Ma 50Greater thanMa 10031,772.696
Ma 100Greater thanMa 20032,014.585
OpenGreater thanClose31,475.100
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of 3M India Limited with someone you think should read this too:
  • Are you bullish or bearish on 3M India Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about 3M India Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about 3M India Limited

I send you an email if I find something interesting about 3M India Limited.


Comments

How you think about this?

Leave a comment

Stay informed about 3M India Limited.

Receive notifications about 3M India Limited in your mailbox!