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Arvind Limited
Buy, Hold or Sell?

Let's analyze Arvind together

I guess you are interested in Arvind 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 Arvind 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.

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Quick analysis of Arvind (30 sec.)










What can you expect buying and holding a share of Arvind? (30 sec.)

How much money do you get?

How much money do you get?
INR0.01
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
INR127.94
Expected worth in 1 year
INR186.80
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR59.47
Return On Investment
15.1%

For what price can you sell your share?

Current Price per Share
INR393.15
Expected price per share
INR328.93 - INR387.20
How sure are you?
50%
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1. Valuation of Arvind (5 min.)




Live pricePrice per Share (EOD)

INR393.15

Intrinsic Value Per Share

INR135.38 - INR359.99

Total Value Per Share

INR263.32 - INR487.93

2. Growth of Arvind (5 min.)




Is Arvind growing?

Current yearPrevious yearGrowGrow %
How rich?$398.1m$351.1m$47m11.8%

How much money is Arvind making?

Current yearPrevious yearGrowGrow %
Making money$48.1m$28.3m$19.8m41.1%
Net Profit Margin4.8%3.0%--

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

3. Financial Health of Arvind (5 min.)




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




  Industry Rankings (Textile Industrial)  

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What can you expect buying and holding a share of Arvind? (5 min.)

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

What can you expect buying and holding a share of Arvind?

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

Speculation

The Price per Share of Arvind is INR393.15. 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 Arvind.
  • 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 Arvind, 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 INR127.94. Based on the TTM, the Book Value Change Per Share is INR14.71 per quarter. Based on the YOY, the Book Value Change Per Share is INR8.20 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 INR0.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arvind.

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 Eps0.180.0%0.180.0%0.110.0%0.090.0%0.120.0%
Usd Book Value Change Per Share0.180.0%0.180.0%0.100.0%-0.040.0%0.150.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.010.0%0.020.0%
Usd Total Gains Per Share0.180.0%0.180.0%0.100.0%-0.030.0%0.170.0%
Usd Price Per Share1.02-1.02-1.37-0.90-1.07-
Price to Earnings Ratio5.52-5.52-12.64--13.82--2.71-
Price-to-Total Gains Ratio5.74-5.74-13.95-40.22-51.75-
Price to Book Ratio0.67-0.67-1.02-0.67-0.77-
Price-to-Total Gains Ratio5.74-5.74-13.95-40.22-51.75-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.678485
Number of shares213
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.01
Usd Book Value Change Per Share0.18-0.04
Usd Total Gains Per Share0.18-0.03
Gains per Quarter (213 shares)37.68-6.36
Gains per Year (213 shares)150.74-25.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1214914111-37-35
2329829223-74-60
3544844334-110-85
4659759446-147-110
5874674557-184-135
6989589668-221-160
7111044104780-258-185
8121193119891-295-210
91413431349103-331-235
101614921500114-368-260

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%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%9.01.00.090.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%7.03.00.070.0%7.03.00.070.0%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%9.00.01.090.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%9.01.00.090.0%
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Fundamentals of Arvind

About Arvind Limited

Arvind Limited, together with its subsidiaries, manufactures, supplies, and exports textiles worldwide. It operates through Textiles, Advanced Material, and Others segments. The company offers denim fabrics, shirting fabrics, woven and knitted fabrics, and voiles and garments products. It also provides a range of specialized clothing and accessories for factory workers, fire-fighters, construction crews, soldiers, and healthcare and security personnel; hot-gas and liquid filtration products; interiors and seating solutions; and composites and coated fabrics. In addition, the company supplies water and waste water treatment plants for industrial process, and waste water and zero liquid discharge solutions. Further, it is involved in the e-commerce, technical textiles, agriculture produce, telecommunication, and other businesses, as well as offers EPABX and one to many radio solutions. The company was founded in 1931 and is headquartered in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-07-15 01:13:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Arvind Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Arvind earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • A Net Profit Margin of 4.8%¬†means that¬†₹0.05 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arvind Limited:

  • The MRQ is 4.8%. The company is making a profit. +1
  • The TTM is 4.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.8%TTM4.8%0.0%
TTM4.8%YOY3.0%+1.9%
TTM4.8%5Y2.4%+2.4%
5Y2.4%10Y3.3%-0.9%
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ4.8%4.4%+0.4%
TTM4.8%4.4%+0.4%
YOY3.0%3.3%-0.3%
5Y2.4%2.3%+0.1%
10Y3.3%1.9%+1.4%
1.1.2. Return on Assets

Shows how efficient Arvind is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • 5.9% Return on Assets means that¬†Arvind generated¬†₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arvind Limited:

  • The MRQ is 5.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.9%TTM5.9%0.0%
TTM5.9%YOY3.1%+2.8%
TTM5.9%5Y2.6%+3.2%
5Y2.6%10Y3.3%-0.6%
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ5.9%5.6%+0.3%
TTM5.9%5.6%+0.3%
YOY3.1%3.3%-0.2%
5Y2.6%2.6%+0.0%
10Y3.3%2.2%+1.1%
1.1.3. Return on Equity

Shows how efficient Arvind is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • 12.1% Return on Equity means Arvind generated ₹0.12¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arvind Limited:

  • The MRQ is 12.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.1%TTM12.1%0.0%
TTM12.1%YOY8.1%+4.0%
TTM12.1%5Y6.3%+5.8%
5Y6.3%10Y8.6%-2.4%
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ12.1%16.0%-3.9%
TTM12.1%16.0%-3.9%
YOY8.1%13.8%-5.7%
5Y6.3%6.8%-0.5%
10Y8.6%6.8%+1.8%
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1.2. Operating Efficiency of Arvind Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arvind is operating .

  • Measures how much profit Arvind 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¬†Arvind to the¬†Textile Industrial industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arvind Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y4.3%-4.3%
5Y4.3%10Y7.3%-3.1%
1.2.2. Operating Ratio

Measures how efficient Arvind is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Textile Industrial industry mean).
  • An Operation Ratio of 0.69 means that the operating costs are ₹0.69 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Arvind Limited:

  • The MRQ is 0.687. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.687. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.687TTM0.6870.000
TTM0.687YOY0.685+0.001
TTM0.6875Y1.020-0.333
5Y1.02010Y1.302-0.283
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6870.721-0.034
TTM0.6870.721-0.034
YOY0.6850.660+0.025
5Y1.0201.0200.000
10Y1.3021.304-0.002
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1.3. Liquidity of Arvind Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arvind is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Textile Industrial industry mean).
  • A Current Ratio of 1.10¬†means the company has ₹1.10 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Arvind Limited:

  • The MRQ is 1.098. The company is just able to pay all its short-term debts.
  • The TTM is 1.098. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.098TTM1.0980.000
TTM1.098YOY1.111-0.013
TTM1.0985Y1.068+0.030
5Y1.06810Y1.059+0.009
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0981.427-0.329
TTM1.0981.427-0.329
YOY1.1111.404-0.293
5Y1.0681.258-0.190
10Y1.0591.091-0.032
1.3.2. Quick Ratio

Measures if Arvind is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • A Quick Ratio of 0.37¬†means the company can pay off ₹0.37 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arvind Limited:

  • The MRQ is 0.373. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.373. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.373TTM0.3730.000
TTM0.373YOY0.329+0.043
TTM0.3735Y0.361+0.012
5Y0.36110Y0.3610.000
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3730.420-0.047
TTM0.3730.420-0.047
YOY0.3290.442-0.113
5Y0.3610.428-0.067
10Y0.3610.453-0.092
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1.4. Solvency of Arvind Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arvind assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Arvind to Textile Industrial industry mean.
  • A Debt to Asset Ratio of 0.52¬†means that Arvind assets are¬†financed with 51.6% credit (debt) and the remaining percentage (100% - 51.6%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Arvind Limited:

  • The MRQ is 0.516. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.516. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.516TTM0.5160.000
TTM0.516YOY0.617-0.101
TTM0.5165Y0.595-0.079
5Y0.59510Y0.617-0.021
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5160.516+0.000
TTM0.5160.516+0.000
YOY0.6170.617+0.000
5Y0.5950.617-0.022
10Y0.6170.634-0.017
1.4.2. Debt to Equity Ratio

Measures if Arvind is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • A Debt to Equity ratio of 106.6% means that company has ₹1.07 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arvind Limited:

  • The MRQ is 1.066. The company is able to pay all its debts with equity. +1
  • The TTM is 1.066. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.066TTM1.0660.000
TTM1.066YOY1.611-0.545
TTM1.0665Y1.492-0.426
5Y1.49210Y1.643-0.151
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0661.066+0.000
TTM1.0661.066+0.000
YOY1.6111.347+0.264
5Y1.4921.492+0.000
10Y1.6431.681-0.038
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2. Market Valuation of Arvind 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 Arvind generates.

  • Above 15 is considered overpriced but¬†always compare¬†Arvind to the¬†Textile Industrial industry mean.
  • A PE ratio of 5.52 means the investor is paying ₹5.52¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arvind Limited:

  • The EOD is 25.412. Based on the earnings, the company is overpriced. -1
  • The MRQ is 5.517. Based on the earnings, the company is cheap. +2
  • The TTM is 5.517. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD25.412MRQ5.517+19.895
MRQ5.517TTM5.5170.000
TTM5.517YOY12.638-7.121
TTM5.5175Y-13.816+19.333
5Y-13.81610Y-2.713-11.103
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
EOD25.41212.335+13.077
MRQ5.5175.5170.000
TTM5.5175.5170.000
YOY12.6386.602+6.036
5Y-13.8164.757-18.573
10Y-2.7136.884-9.597
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 22.265. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 4.834. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.834. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD22.265MRQ4.834+17.432
MRQ4.834TTM4.8340.000
TTM4.834YOY7.363-2.529
TTM4.8345Y4.668+0.165
5Y4.66810Y0.674+3.994
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
EOD22.265-3.377+25.642
MRQ4.834-3.184+8.018
TTM4.834-3.184+8.018
YOY7.363-5.695+13.058
5Y4.668-1.657+6.325
10Y0.6740.6740.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Arvind is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Textile Industrial industry mean).
  • A PB ratio of 0.67 means the investor is paying ₹0.67¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Arvind Limited:

  • The EOD is 3.073. Based on the equity, the company is fair priced.
  • The MRQ is 0.667. Based on the equity, the company is cheap. +2
  • The TTM is 0.667. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.073MRQ0.667+2.406
MRQ0.667TTM0.6670.000
TTM0.667YOY1.020-0.353
TTM0.6675Y0.671-0.004
5Y0.67110Y0.766-0.094
Compared to industry (Textile Industrial)
PeriodCompanyIndustry (mean)+/- 
EOD3.0731.514+1.559
MRQ0.6670.667+0.000
TTM0.6670.667+0.000
YOY1.0201.020+0.000
5Y0.6710.576+0.095
10Y0.7660.663+0.103
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Arvind 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--14.71414.7140%8.204+79%-3.632+125%12.794+15%
Book Value Per Share--127.941127.9410%113.227+13%111.405+15%115.248+11%
Current Ratio--1.0981.0980%1.111-1%1.068+3%1.059+4%
Debt To Asset Ratio--0.5160.5160%0.617-16%0.595-13%0.617-16%
Debt To Equity Ratio--1.0661.0660%1.611-34%1.492-29%1.643-35%
Dividend Per Share--0.1530.1530%0.076+100%1.124-86%1.807-92%
Eps--15.47115.4710%9.139+69%7.281+112%9.948+56%
Free Cash Flow Per Share--17.65817.6580%15.687+13%17.6610%8.620+105%
Free Cash Flow To Equity Per Share---2.765-2.7650%-1.157-58%-7.643+176%-6.846+148%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--359.991--------
Intrinsic Value_10Y_min--135.383--------
Intrinsic Value_1Y_max--23.217--------
Intrinsic Value_1Y_min--16.799--------
Intrinsic Value_3Y_max--79.556--------
Intrinsic Value_3Y_min--47.973--------
Intrinsic Value_5Y_max--147.708--------
Intrinsic Value_5Y_min--76.167--------
Market Cap101795970600.000+78%22318809064.50022318809064.5000%30097662210.000-26%19610366174.700+14%23293523337.030-4%
Net Profit Margin--0.0480.0480%0.030+62%0.024+102%0.033+45%
Operating Margin----0%-0%0.043-100%0.073-100%
Operating Ratio--0.6870.6870%0.685+0%1.020-33%1.302-47%
Pb Ratio3.073+78%0.6670.6670%1.020-35%0.671-1%0.766-13%
Pe Ratio25.412+78%5.5175.5170%12.638-56%-13.816+350%-2.713+149%
Price Per Share393.150+78%85.35085.3500%115.500-26%75.420+13%89.804-5%
Price To Free Cash Flow Ratio22.265+78%4.8344.8340%7.363-34%4.668+4%0.674+617%
Price To Total Gains Ratio26.444+78%5.7415.7410%13.948-59%40.221-86%51.754-89%
Quick Ratio--0.3730.3730%0.329+13%0.361+3%0.361+3%
Return On Assets--0.0590.0590%0.031+89%0.026+123%0.033+79%
Return On Equity--0.1210.1210%0.081+50%0.063+93%0.086+40%
Total Gains Per Share--14.86714.8670%8.280+80%-2.508+117%14.601+2%
Usd Book Value--398129970.000398129970.0000%351113070.000+13%344492386.000+16%355716823.000+12%
Usd Book Value Change Per Share--0.1750.1750%0.098+79%-0.043+125%0.152+15%
Usd Book Value Per Share--1.5231.5230%1.347+13%1.326+15%1.371+11%
Usd Dividend Per Share--0.0020.0020%0.001+100%0.013-86%0.022-92%
Usd Eps--0.1840.1840%0.109+69%0.087+112%0.118+56%
Usd Free Cash Flow--54947060.00054947060.0000%48644820.000+13%54586014.000+1%26645052.000+106%
Usd Free Cash Flow Per Share--0.2100.2100%0.187+13%0.2100%0.103+105%
Usd Free Cash Flow To Equity Per Share---0.033-0.0330%-0.014-58%-0.091+176%-0.081+148%
Usd Market Cap1211372050.140+78%265593827.868265593827.8680%358162180.299-26%233363357.479+14%277192927.711-4%
Usd Price Per Share4.678+78%1.0161.0160%1.374-26%0.897+13%1.069-5%
Usd Profit--48142640.00048142640.0000%28339850.000+70%22564066.000+113%30718065.000+57%
Usd Revenue--997515120.000997515120.0000%953174530.000+5%855652126.000+17%889098861.000+12%
Usd Total Gains Per Share--0.1770.1770%0.099+80%-0.030+117%0.174+2%
 EOD+4 -4MRQTTM+0 -0YOY+26 -85Y+26 -910Y+26 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.412
Price to Book Ratio (EOD)Between0-13.073
Net Profit Margin (MRQ)Greater than00.048
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.373
Current Ratio (MRQ)Greater than11.098
Debt to Asset Ratio (MRQ)Less than10.516
Debt to Equity Ratio (MRQ)Less than11.066
Return on Equity (MRQ)Greater than0.150.121
Return on Assets (MRQ)Greater than0.050.059
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.129
Ma 20Greater thanMa 50380.380
Ma 50Greater thanMa 100372.141
Ma 100Greater thanMa 200334.163
OpenGreater thanClose364.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets69,135,900
Total Liabilities35,679,600
Total Stockholder Equity33,456,300
 As reported
Total Liabilities 35,679,600
Total Stockholder Equity+ 33,456,300
Total Assets = 69,135,900

Assets

Total Assets69,135,900
Total Current Assets31,170,400
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 900
Short-term Investments 178,800
Net Receivables 9,658,800
Inventory 17,306,400
Other Current Assets 419,400
Total Current Assets  (as reported)31,170,400
Total Current Assets  (calculated)27,564,300
+/- 3,606,100
Long-term Assets
Property Plant Equipment 33,053,000
Goodwill 89,500
Intangible Assets 242,200
Long-term Assets  (as reported)0
Long-term Assets  (calculated)33,384,700
+/- 33,384,700

Liabilities & Shareholders' Equity

Total Current Liabilities28,399,100
Long-term Liabilities0
Total Stockholder Equity33,456,300
Total Current Liabilities
Short-term Debt 10,254,700
Total Current Liabilities  (as reported)28,399,100
Total Current Liabilities  (calculated)10,254,700
+/- 18,144,400
Long-term Liabilities
Long term Debt Total 4,707,600
Long term Debt 3,782,900
Capital Lease Obligations Min Short Term Debt-10,254,700
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-1,764,200
+/- 1,764,200
Total Stockholder Equity
Common Stock2,605,900
Retained Earnings 25,998,700
Capital Surplus 5,732,100
Other Stockholders Equity -889,500
Total Stockholder Equity (as reported)33,456,300
Total Stockholder Equity (calculated)33,447,200
+/- 9,100
Other
Cash And Equivalents567,000
Cash and Short Term Investments 746,700
Common Stock Shares Outstanding 261,497
Liabilities and Stockholders Equity 69,135,900
Net Working Capital 2,771,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
73,632,300
79,756,500
81,920,400
86,679,800
102,584,300
73,336,400
71,654,400
67,207,200
77,045,600
69,135,900
69,135,90077,045,60067,207,20071,654,40073,336,400102,584,30086,679,80081,920,40079,756,50073,632,300
   > Total Current Assets 
36,424,900
39,913,800
36,721,700
40,833,700
55,394,000
34,904,000
30,376,900
29,046,000
40,397,100
31,170,400
31,170,40040,397,10029,046,00030,376,90034,904,00055,394,00040,833,70036,721,70039,913,80036,424,900
       Cash And Cash Equivalents 
1,663,300
833,200
291,400
3,300
22,500
706,200
338,400
264,800
1,200
900
9001,200264,800338,400706,20022,5003,300291,400833,2001,663,300
       Short-term Investments 
12,800
14,200
0
16,200
28,500
62,400
184,300
209,800
144,300
178,800
178,800144,300209,800184,30062,40028,50016,200014,20012,800
       Net Receivables 
14,775,400
16,729,000
13,430,100
7,948,200
17,669,800
8,971,200
10,476,700
10,916,700
11,085,800
9,658,800
9,658,80011,085,80010,916,70010,476,7008,971,20017,669,8007,948,20013,430,10016,729,00014,775,400
       Inventory 
16,281,400
18,450,300
19,204,500
25,758,700
27,381,900
17,054,100
13,383,000
12,576,100
22,752,100
17,306,400
17,306,40022,752,10012,576,10013,383,00017,054,10027,381,90025,758,70019,204,50018,450,30016,281,400
       Other Current Assets 
3,239,400
3,519,000
3,219,800
2,134,500
1,592,700
2,287,500
2,544,200
1,858,800
2,055,100
419,400
419,4002,055,1001,858,8002,544,2002,287,5001,592,7002,134,5003,219,8003,519,0003,239,400
   > Long-term Assets 
0
0
0
45,867,200
47,190,300
38,432,400
41,277,500
0
0
0
00041,277,50038,432,40047,190,30045,867,200000
       Property Plant Equipment 
29,024,300
30,964,300
33,882,400
35,297,600
37,152,700
34,941,000
37,903,600
35,718,900
33,150,600
33,053,000
33,053,00033,150,60035,718,90037,903,60034,941,00037,152,70035,297,60033,882,40030,964,30029,024,300
       Goodwill 
220,400
1,100,700
183,000
179,200
1,370,200
261,900
267,000
145,900
89,500
89,500
89,50089,500145,900267,000261,9001,370,200179,200183,0001,100,700220,400
       Long Term Investments 
923,300
213,700
4,317,900
2,797,300
0
0
0
0
0
0
0000002,797,3004,317,900213,700923,300
       Intangible Assets 
1,028,800
1,017,400
970,500
1,764,100
1,916,900
1,286,100
964,100
595,800
348,000
242,200
242,200348,000595,800964,1001,286,1001,916,9001,764,100970,5001,017,4001,028,800
> Total Liabilities 
47,560,100
52,170,100
54,900,300
51,010,000
64,755,800
45,832,000
44,568,600
40,014,300
47,540,300
35,679,600
35,679,60047,540,30040,014,30044,568,60045,832,00064,755,80051,010,00054,900,30052,170,10047,560,100
   > Total Current Liabilities 
33,187,500
37,223,000
38,333,300
39,289,000
51,048,100
34,075,100
30,749,700
25,962,500
36,360,100
28,399,100
28,399,10036,360,10025,962,50030,749,70034,075,10051,048,10039,289,00038,333,30037,223,00033,187,500
       Short-term Debt 
31,083,500
34,128,100
38,305,500
20,253,400
22,637,800
16,013,700
11,751,500
6,307,400
10,017,200
10,254,700
10,254,70010,017,2006,307,40011,751,50016,013,70022,637,80020,253,40038,305,50034,128,10031,083,500
       Short Long Term Debt 
31,083,500
34,128,100
38,305,500
29,722,700
24,743,400
17,651,000
14,370,900
0
0
0
00014,370,90017,651,00024,743,40029,722,70038,305,50034,128,10031,083,500
       Accounts payable 
12,487,600
13,493,900
12,141,700
14,788,100
21,472,200
13,579,900
12,598,600
0
0
0
00012,598,60013,579,90021,472,20014,788,10012,141,70013,493,90012,487,600
       Other Current Liabilities 
1,856,500
2,110,600
1,154,700
986,900
2,345,700
1,205,000
1,857,900
0
0
0
0001,857,9001,205,0002,345,700986,9001,154,7002,110,6001,856,500
   > Long-term Liabilities 
0
0
0
9,594,500
10,654,900
10,893,700
13,239,300
0
0
0
00013,239,30010,893,70010,654,9009,594,500000
       Long term Debt Total 
0
0
0
7,566,300
8,487,100
9,347,500
11,675,200
12,371,000
8,440,600
4,707,600
4,707,6008,440,60012,371,00011,675,2009,347,5008,487,1007,566,300000
       Capital Lease Obligations 
0
0
0
0
0
0
1,846,700
0
0
0
0001,846,700000000
       Long-term Liabilities Other 
0
0
0
354,600
19,300
700
20,600
0
0
0
00020,60070019,300354,600000
       Deferred Long Term Liability 
100
0
0
0
0
0
0
0
0
0
000000000100
> Total Stockholder Equity
25,829,800
27,238,800
26,464,000
35,669,800
37,828,500
27,504,400
27,085,800
27,192,900
29,505,300
33,456,300
33,456,30029,505,30027,192,90027,085,80027,504,40037,828,50035,669,80026,464,00027,238,80025,829,800
   Common Stock
2,581,700
2,582,400
2,582,400
2,583,600
2,586,200
2,586,200
2,587,700
2,587,700
2,589,200
2,605,900
2,605,9002,589,2002,587,7002,587,7002,586,2002,586,2002,583,6002,582,4002,582,4002,581,700
   Retained Earnings 
11,962,500
14,286,100
15,560,900
27,244,800
29,460,300
19,373,100
19,610,900
19,602,100
21,919,700
25,998,700
25,998,70021,919,70019,602,10019,610,90019,373,10029,460,30027,244,80015,560,90014,286,10011,962,500
   Capital Surplus 
0
0
5,550,000
5,589,000
5,647,700
5,647,700
5,620,100
5,630,300
5,692,100
5,732,100
5,732,1005,692,1005,630,3005,620,1005,647,7005,647,7005,589,0005,550,00000
   Treasury Stock0000000000
   Other Stockholders Equity 
4,741,700
3,822,200
649,400
252,400
134,300
-102,600
-732,900
-628,700
-712,400
-889,500
-889,500-712,400-628,700-732,900-102,600134,300252,400649,4003,822,2004,741,700



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 (+$)
totalRevenue83,824,800
Cost of Revenue-57,549,400
Gross Profit26,275,40026,275,400
 
Operating Income (+$)
Gross Profit26,275,400
Operating Expense-0
Operating Income6,067,80026,275,400
 
Operating Expense (+$)
Research Development0
Selling General Administrative17,312,500
Selling And Marketing Expenses0
Operating Expense017,312,500
 
Net Interest Income (+$)
Interest Income1,540,500
Interest Expense-200
Other Finance Cost-1,540,300
Net Interest Income0
 
Pretax Income (+$)
Operating Income6,067,800
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,872,5006,067,800
EBIT - interestExpense = -200
4,045,600
4,045,800
Interest Expense200
Earnings Before Interest and Taxes (EBIT)04,872,700
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax4,872,500
Tax Provision-705,500
Net Income From Continuing Ops04,167,000
Net Income4,045,600
Net Income Applicable To Common Shares4,045,600
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items-35,300
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Arvind
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 Arvind. The general trend of Arvind is BULLISH with 100.0% 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 Arvind'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 (100.0%) Bearish trend (-100.0%)
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 Arvind Limited.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 387.20.

The bearish price targets are: 350.07 > 346.50 > 328.93.

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Arvind 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 Arvind Limited. The current mas is .

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

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

Arvind 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 Arvind Limited. The current macd is 3.38000243.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Arvind price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Arvind. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Arvind price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Arvind Limited Daily Moving Average Convergence/Divergence (MACD) ChartArvind 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 Arvind Limited. The current adx is 15.36.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 Arvind shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Arvind 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 Arvind Limited. The current sar is 400.24.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Arvind Limited Daily Parabolic SAR Chart
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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 Arvind Limited. The current rsi is 59.13. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Arvind Limited Daily Relative Strength Index (RSI) ChartArvind 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 Arvind Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
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 %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 Arvind price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Arvind Limited Daily Stochastic Oscillator ChartArvind 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 Arvind Limited. The current cci is 42.70.

Arvind Limited Daily Commodity Channel Index (CCI) ChartArvind 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 Arvind Limited. The current cmo is 23.69.

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
Arvind Limited Daily Chande Momentum Oscillator (CMO) ChartArvind 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 Arvind Limited. The current willr is -23.54285714.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Arvind is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Arvind Limited Daily Williams %R ChartArvind Limited Daily Williams %R Chart
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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 Arvind Limited.

Arvind 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 Arvind Limited. The current atr is 16.62.

Arvind Limited Daily Average True Range (ATR) ChartArvind Limited Daily Average True Range (ATR) Chart
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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 Arvind Limited. The current obv is 8,322,888.

Arvind Limited Daily On-Balance Volume (OBV) ChartArvind 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 Arvind Limited. The current mfi is 57.04.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Arvind Limited Daily Money Flow Index (MFI) ChartArvind Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arvind 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
2024-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-03BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-24RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-09RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-13BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-17CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-04DMI 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-24DMI 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-27DMI 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).
2024-06-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-23DMI 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.
2024-07-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Arvind Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.129
Ma 20Greater thanMa 50380.380
Ma 50Greater thanMa 100372.141
Ma 100Greater thanMa 200334.163
OpenGreater thanClose364.000
Total4/5 (80.0%)
Penke

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