25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

Birla Corporation Limited
Buy, Hold or Sell?

Let's analyze Birla Corporation Limited together

I guess you are interested in Birla Corporation 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 Birla Corporation 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.

Get notifications about Birla Corporation Limited

I send you an email if I find something interesting about Birla Corporation Limited.

1. Quick Overview

1.1. Quick analysis of Birla Corporation Limited (30 sec.)










1.2. What can you expect buying and holding a share of Birla Corporation Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.12
When do you have the money?
1 year
How often do you get paid?
87.5%

What is your share worth?

Current worth
INR866.67
Expected worth in 1 year
INR1,226.65
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR369.98
Return On Investment
34.1%

For what price can you sell your share?

Current Price per Share
INR1,086.35
Expected price per share
INR978.31 - INR1,265
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Birla Corporation Limited (5 min.)




Live pricePrice per Share (EOD)
INR1,086.35
Intrinsic Value Per Share
INR886.28 - INR1,659.39
Total Value Per Share
INR1,752.95 - INR2,526.06

2.2. Growth of Birla Corporation Limited (5 min.)




Is Birla Corporation Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$787.5m$705.7m$81.7m10.4%

How much money is Birla Corporation Limited making?

Current yearPrevious yearGrowGrow %
Making money$49.6m$4.7m$44.8m90.4%
Net Profit Margin4.4%0.5%--

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

2.3. Financial Health of Birla Corporation Limited (5 min.)




3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Birla Corporation Limited?

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

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

Speculation

The Price per Share of Birla Corporation Limited is INR1,086. 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 Birla Corporation 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 Birla Corporation 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 INR866.67. Based on the TTM, the Book Value Change Per Share is INR90.00 per quarter. Based on the YOY, the Book Value Change Per Share is INR-8.84 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 INR2.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Birla Corporation 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 Eps0.640.1%0.640.1%0.060.0%0.610.1%0.450.0%
Usd Book Value Change Per Share1.060.1%1.060.1%-0.100.0%0.670.1%1.280.1%
Usd Dividend Per Share0.030.0%0.030.0%0.120.0%0.090.0%0.080.0%
Usd Total Gains Per Share1.090.1%1.090.1%0.010.0%0.760.1%1.360.1%
Usd Price Per Share17.01-17.01-11.57-12.21-10.49-
Price to Earnings Ratio26.39-26.39-186.39-51.67-39.56-
Price-to-Total Gains Ratio15.58-15.58-842.50-179.45-115.57-
Price to Book Ratio1.66-1.66-1.26-1.34-1.25-
Price-to-Total Gains Ratio15.58-15.58-842.50-179.45-115.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share12.81893
Number of shares78
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.09
Usd Book Value Change Per Share1.060.67
Usd Total Gains Per Share1.090.76
Gains per Quarter (78 shares)85.1358.98
Gains per Year (78 shares)340.53235.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1933133128208226
21866367255417462
328994101383625698
43713251354110833934
5461657169513810421170
6551988203616612501406
7642319237719314581642
8742651271822116671878
9832982305924918752114
10923313340027620832350

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%8.00.00.0100.0%8.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%7.01.00.087.5%7.01.00.087.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%4.00.01.080.0%7.00.01.087.5%7.00.01.087.5%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Birla Corporation 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--89.99589.9950%-8.837+110%56.583+59%108.334-17%
Book Value Per Share--866.668866.6680%776.673+12%753.071+15%592.405+46%
Current Ratio--1.1841.1840%1.294-8%1.284-8%1.546-23%
Debt To Asset Ratio--0.5380.5380%0.575-6%0.571-6%0.575-6%
Debt To Equity Ratio--1.1631.1630%1.353-14%1.338-13%1.393-17%
Dividend Per Share--2.5002.5000%10.001-75%7.500-67%7.062-65%
Eps--54.61454.6140%5.259+938%51.813+5%37.862+44%
Free Cash Flow Per Share--141.555141.5550%22.654+525%62.293+127%65.567+116%
Free Cash Flow To Equity Per Share--141.555141.5550%-18.682+113%23.553+501%28.210+402%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1659.389--------
Intrinsic Value_10Y_min--886.283--------
Intrinsic Value_1Y_max--87.761--------
Intrinsic Value_1Y_min--69.686--------
Intrinsic Value_3Y_max--323.529--------
Intrinsic Value_3Y_min--227.183--------
Intrinsic Value_5Y_max--631.445--------
Intrinsic Value_5Y_min--402.988--------
Market Cap--111003207700.500111003207700.5000%75488344605.000+47%79681955722.980+39%64619838584.050+72%
Net Profit Margin--0.0440.0440%0.005+833%0.054-19%0.047-7%
Operating Margin----0%-0%0.041-100%0.072-100%
Operating Ratio--1.4411.4410%1.540-6%1.405+3%1.315+10%
Pb Ratio1.253-33%1.6631.6630%1.262+32%1.345+24%1.255+33%
Pe Ratio19.891-33%26.39426.3940%186.391-86%51.668-49%39.556-33%
Price Per Share1086.350-33%1441.5001441.5000%980.300+47%1034.750+39%889.133+62%
Price To Free Cash Flow Ratio7.674-33%10.18310.1830%43.272-76%23.949-57%17.117-41%
Price To Total Gains Ratio11.745-33%15.58515.5850%842.504-98%179.455-91%115.573-87%
Quick Ratio--0.4060.4060%0.626-35%0.705-42%0.923-56%
Return On Assets--0.0290.0290%0.003+912%0.030-4%0.027+8%
Return On Equity--0.0630.0630%0.007+831%0.071-11%0.064-1%
Total Gains Per Share--92.49592.4950%1.164+7849%64.083+44%115.396-20%
Usd Book Value--787509580.000787509580.0000%705734400.000+12%684295688.000+15%576655275.111+37%
Usd Book Value Change Per Share--1.0621.0620%-0.104+110%0.668+59%1.278-17%
Usd Book Value Per Share--10.22710.2270%9.165+12%8.886+15%6.990+46%
Usd Dividend Per Share--0.0290.0290%0.118-75%0.088-67%0.083-65%
Usd Eps--0.6440.6440%0.062+938%0.611+5%0.447+44%
Usd Free Cash Flow--128625900.000128625900.0000%20585100.000+525%56603892.000+127%53999125.911+138%
Usd Free Cash Flow Per Share--1.6701.6700%0.267+525%0.735+127%0.774+116%
Usd Free Cash Flow To Equity Per Share--1.6701.6700%-0.220+113%0.278+501%0.333+402%
Usd Market Cap--1309837850.8661309837850.8660%890762466.339+47%940247077.531+39%762514095.292+72%
Usd Price Per Share12.819-33%17.01017.0100%11.568+47%12.210+39%10.492+62%
Usd Profit--49626080.00049626080.0000%4779000.000+938%47081292.000+5%36603554.111+36%
Usd Revenue--1140200960.0001140200960.0000%1024507860.000+11%932373460.000+22%796395167.489+43%
Usd Total Gains Per Share--1.0911.0910%0.014+7849%0.756+44%1.362-20%
 EOD+4 -2MRQTTM+0 -0YOY+27 -75Y+23 -1210Y+20 -15

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1519.891
Price to Book Ratio (EOD)Between0-11.253
Net Profit Margin (MRQ)Greater than00.044
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.406
Current Ratio (MRQ)Greater than11.184
Debt to Asset Ratio (MRQ)Less than10.538
Debt to Equity Ratio (MRQ)Less than11.163
Return on Equity (MRQ)Greater than0.150.063
Return on Assets (MRQ)Greater than0.050.029
Total3/10 (30.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1,103.950
Total1/1 (100.0%)

4. In-depth Analysis

4.1 About Birla Corporation Limited

  • 0

Birla Corporation Limited, together with its subsidiaries, primarily manufactures and sells cement and jute goods in India. It operates through Cement, Jute, and Others segments. The company offers ordinary Portland cement, Portland pozzolana cement (PPC), fly ash-based PPC, low alkali Portland cement, Portland slag cement, low heat cement, and sulphate resistant cement under the Birla Cement SAMRAT, Birla Cement KHAJURAHO, Birla Cement CHETAK, and Birla Premium Cement, as well as M P Birla Cement CONCRECEM and Multicem brand names. It also manufactures various jute products, such as jute yarn, floor and wall covering products, lino hessian products, decorative fabrics, nursery cloths, scrims, jute carpets, non-woven jute felts, hydrocarbon-free bags/cloths, D.W. canvas products, carpet backing cloths, hessian cloths/bags, and sacking bags/cloths. In addition, the company produces cushion vinyl flooring for various applications in home, hotels, hospitals, offices, nursing homes, airports, banks, computer rooms, railways, restaurants, shopping complexes, etc. under the Birla Vinoleum brand name; commercial flooring under the Super Corporate name to suit medium and heavy traffic areas; super corporate antistat for removing electrostatic charge build up on the floor; and PVC coated wallpaper, coated fabric, and cellular plastic sheets. Further, the company produces automotive interiors comprising door trims, parcel shelf trims, and pillar trims. It exports its cement products to Nepal; jute products to the European Community, the United States, Japan, and internationally; flooring products to various countries, such as the United Kingdom, Australia, New Zealand, South Africa, Sri Lanka, Dubai, Sharjah, Mauritius, Nepal, etc. The company was formerly known as Birla Jute Manufacturing Company Limited and changed its name to Birla Corporation Limited in 1998. Birla Corporation Limited was incorporated in 1919 and is based in Kolkata, India.

Fundamental data was last updated by Penke on 2024-10-30 02:38:05.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less 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 inefficient 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.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Birla Corporation Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • A Net Profit Margin of 4.4% means that ₹0.04 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 4.4%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.4%TTM4.4%0.0%
TTM4.4%YOY0.5%+3.9%
TTM4.4%5Y5.4%-1.0%
5Y5.4%10Y4.7%+0.7%
4.3.1.2. Return on Assets

Shows how efficient Birla Corporation Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • 2.9% Return on Assets means that Birla Corporation Limited generated ₹0.03 profit for each $1 in assets.

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

  • The MRQ is 2.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY0.3%+2.6%
TTM2.9%5Y3.0%-0.1%
5Y3.0%10Y2.7%+0.3%
4.3.1.3. Return on Equity

Shows how efficient Birla Corporation Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • 6.3% Return on Equity means Birla Corporation Limited generated ₹0.06 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 6.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.3%TTM6.3%0.0%
TTM6.3%YOY0.7%+5.6%
TTM6.3%5Y7.1%-0.8%
5Y7.1%10Y6.4%+0.8%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Birla Corporation Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Birla Corporation Limited is operating .

  • Measures how much profit Birla Corporation 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 Birla Corporation Limited to the Construction Materials 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 Birla Corporation Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y4.1%-4.1%
5Y4.1%10Y7.2%-3.2%
4.3.2.2. Operating Ratio

Measures how efficient Birla Corporation Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Construction Materials industry mean).
  • An Operation Ratio of 1.44 means that the operating costs are ₹1.44 for each ₹1 in net sales.

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

  • The MRQ is 1.441. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.441. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.441TTM1.4410.000
TTM1.441YOY1.540-0.099
TTM1.4415Y1.405+0.036
5Y1.40510Y1.315+0.090
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Birla Corporation Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Birla Corporation Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Construction Materials industry mean).
  • A Current Ratio of 1.18 means the company has ₹1.18 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.184. The company is just able to pay all its short-term debts.
  • The TTM is 1.184. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.184TTM1.1840.000
TTM1.184YOY1.294-0.110
TTM1.1845Y1.284-0.100
5Y1.28410Y1.546-0.262
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • A Quick Ratio of 0.41 means the company can pay off ₹0.41 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.406. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.406. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.406TTM0.4060.000
TTM0.406YOY0.626-0.220
TTM0.4065Y0.705-0.299
5Y0.70510Y0.923-0.218
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Birla Corporation Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Birla Corporation Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Birla Corporation Limited to Construction Materials industry mean.
  • A Debt to Asset Ratio of 0.54 means that Birla Corporation Limited assets are financed with 53.8% credit (debt) and the remaining percentage (100% - 53.8%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.538. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.538. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.538TTM0.5380.000
TTM0.538YOY0.575-0.037
TTM0.5385Y0.571-0.033
5Y0.57110Y0.575-0.004
4.5.4.2. Debt to Equity Ratio

Measures if Birla Corporation Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • A Debt to Equity ratio of 116.3% means that company has ₹1.16 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.163. The company is able to pay all its debts with equity. +1
  • The TTM is 1.163. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.163TTM1.1630.000
TTM1.163YOY1.353-0.190
TTM1.1635Y1.338-0.175
5Y1.33810Y1.393-0.055
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Birla Corporation Limited generates.

  • Above 15 is considered overpriced but always compare Birla Corporation Limited to the Construction Materials industry mean.
  • A PE ratio of 26.39 means the investor is paying ₹26.39 for every ₹1 in earnings.

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

  • The EOD is 19.891. Based on the earnings, the company is fair priced.
  • The MRQ is 26.394. Based on the earnings, the company is overpriced. -1
  • The TTM is 26.394. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD19.891MRQ26.394-6.503
MRQ26.394TTM26.3940.000
TTM26.394YOY186.391-159.997
TTM26.3945Y51.668-25.274
5Y51.66810Y39.556+12.113
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 7.674. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.183. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.183. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD7.674MRQ10.183-2.509
MRQ10.183TTM10.1830.000
TTM10.183YOY43.272-33.089
TTM10.1835Y23.949-13.766
5Y23.94910Y17.117+6.832
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Construction Materials industry mean).
  • A PB ratio of 1.66 means the investor is paying ₹1.66 for each ₹1 in book value.

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

  • The EOD is 1.253. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.663. Based on the equity, the company is underpriced. +1
  • The TTM is 1.663. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.253MRQ1.663-0.410
MRQ1.663TTM1.6630.000
TTM1.663YOY1.262+0.401
TTM1.6635Y1.345+0.318
5Y1.34510Y1.255+0.090
4.6.2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets144,361,700
Total Liabilities77,623,600
Total Stockholder Equity66,737,700
 As reported
Total Liabilities 77,623,600
Total Stockholder Equity+ 66,737,700
Total Assets = 144,361,700

Assets

Total Assets144,361,700
Total Current Assets29,815,900
Long-term Assets114,545,800
Total Current Assets
Cash And Cash Equivalents 1,568,000
Short-term Investments 6,076,200
Net Receivables 4,149,400
Inventory 9,645,500
Other Current Assets 2,670,400
Total Current Assets  (as reported)29,815,900
Total Current Assets  (calculated)24,109,500
+/- 5,706,400
Long-term Assets
Property Plant Equipment 92,280,800
Goodwill 300
Intangible Assets 10,411,600
Long-term Assets Other 547,600
Long-term Assets  (as reported)114,545,800
Long-term Assets  (calculated)103,240,300
+/- 11,305,500

Liabilities & Shareholders' Equity

Total Current Liabilities25,184,000
Long-term Liabilities52,439,600
Total Stockholder Equity66,737,700
Total Current Liabilities
Short Long Term Debt 5,844,700
Accounts payable 8,680,100
Other Current Liabilities 3,741,500
Total Current Liabilities  (as reported)25,184,000
Total Current Liabilities  (calculated)18,266,300
+/- 6,917,700
Long-term Liabilities
Long term Debt 31,852,600
Capital Lease Obligations Min Short Term Debt1,337,400
Long-term Liabilities Other 1,258,800
Long-term Liabilities  (as reported)52,439,600
Long-term Liabilities  (calculated)34,448,800
+/- 17,990,800
Total Stockholder Equity
Retained Earnings 21,951,300
Total Stockholder Equity (as reported)66,737,700
Total Stockholder Equity (calculated)21,951,300
+/- 44,786,400
Other
Capital Stock770,100
Common Stock Shares Outstanding 77,005
Net Debt 36,129,300
Net Invested Capital 104,435,000
Net Working Capital 4,631,900
Property Plant and Equipment Gross 121,684,100



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
52,293,240
96,978,163
110,749,400
113,316,100
121,754,700
128,955,900
138,515,900
140,719,900
144,361,700
144,361,700140,719,900138,515,900128,955,900121,754,700113,316,100110,749,40096,978,16352,293,240
   > Total Current Assets 
26,740,802
20,948,403
24,540,515
25,045,100
26,939,400
26,680,800
28,661,300
30,198,800
29,815,900
29,815,90030,198,80028,661,30026,680,80026,939,40025,045,10024,540,51520,948,40326,740,802
       Cash And Cash Equivalents 
562,345
266,500
311,000
200,000
466,600
905,400
843,900
2,065,100
1,568,000
1,568,0002,065,100843,900905,400466,600200,000311,000266,500562,345
       Short-term Investments 
0
5,555,162
5,242,439
6,462,200
8,849,000
5,462,000
6,450,600
4,671,300
6,076,200
6,076,2004,671,3006,450,6005,462,0008,849,0006,462,2005,242,4395,555,1620
       Net Receivables 
985,279
1,343,606
1,913,732
2,609,800
2,525,000
2,770,800
3,026,800
3,209,100
4,149,400
4,149,4003,209,1003,026,8002,770,8002,525,0002,609,8001,913,7321,343,606985,279
       Inventory 
5,674,055
6,301,769
6,869,646
7,830,200
7,876,300
8,100,900
8,199,900
10,616,000
9,645,500
9,645,50010,616,0008,199,9008,100,9007,876,3007,830,2006,869,6466,301,7695,674,055
       Other Current Assets 
1,258,857
2,386,799
2,646,769
2,398,200
3,098,700
4,007,400
4,183,300
4,006,000
2,670,400
2,670,4004,006,0004,183,3004,007,4003,098,7002,398,2002,646,7692,386,7991,258,857
   > Long-term Assets 
0
76,031,751
86,208,885
88,271,000
94,815,300
102,275,100
109,854,600
110,521,100
114,545,800
114,545,800110,521,100109,854,600102,275,10094,815,30088,271,00086,208,88576,031,7510
       Property Plant Equipment 
20,944,436
62,278,932
71,334,816
72,059,100
79,752,300
84,759,700
91,352,300
91,330,500
92,280,800
92,280,80091,330,50091,352,30084,759,70079,752,30072,059,10071,334,81662,278,93220,944,436
       Goodwill 
1,528
1,528
1,528
300
300
300
300
300
300
3003003003003003001,5281,5281,528
       Intangible Assets 
26,591
9,400,936
9,972,542
9,722,400
9,532,100
9,514,200
9,914,400
10,656,300
10,411,600
10,411,60010,656,3009,914,4009,514,2009,532,1009,722,4009,972,5429,400,93626,591
       Long-term Assets Other 
0
335,953
357,395
746,800
785,900
1,949,500
303,400
1,549,900
547,600
547,6001,549,900303,4001,949,500785,900746,800357,395335,9530
> Total Liabilities 
23,040,054
64,115,698
67,951,231
68,363,900
73,693,400
74,096,000
78,027,400
80,911,900
77,623,600
77,623,60080,911,90078,027,40074,096,00073,693,40068,363,90067,951,23164,115,69823,040,054
   > Total Current Liabilities 
9,350,544
12,441,573
15,887,653
17,851,500
21,000,800
20,248,000
21,347,800
23,339,900
25,184,000
25,184,00023,339,90021,347,80020,248,00021,000,80017,851,50015,887,65312,441,5739,350,544
       Short-term Debt 
1,427,578
213,858
652,992
252,200
836,700
304,200
2,124,600
205,400
0
0205,4002,124,600304,200836,700252,200652,992213,8581,427,578
       Short Long Term Debt 
0
2,058,544
3,006,849
4,259,500
6,130,000
304,200
4,174,500
5,113,600
5,844,700
5,844,7005,113,6004,174,500304,2006,130,0004,259,5003,006,8492,058,5440
       Accounts payable 
0
3,678,628
4,965,217
6,273,100
5,227,500
5,890,100
7,619,700
9,197,200
8,680,100
8,680,1009,197,2007,619,7005,890,1005,227,5006,273,1004,965,2173,678,6280
       Other Current Liabilities 
0
28
51
0
0
3,614,000
3,495,800
3,224,600
3,741,500
3,741,5003,224,6003,495,8003,614,0000051280
   > Long-term Liabilities 
0
50,793,299
52,063,248
50,512,000
52,692,200
53,847,600
56,679,200
57,571,600
52,439,600
52,439,60057,571,60056,679,20053,847,60052,692,20050,512,00052,063,24850,793,2990
       Long term Debt Total 
7,896,868
40,490,754
38,297,639
36,232,100
36,815,300
37,008,200
39,030,600
39,448,100
0
039,448,10039,030,60037,008,20036,815,30036,232,10038,297,63940,490,7547,896,868
       Capital Lease Obligations Min Short Term Debt
-1,427,578
-212,531
-651,659
-220,700
-703,900
695,000
-945,600
920,700
1,337,400
1,337,400920,700-945,600695,000-703,900-220,700-651,659-212,531-1,427,578
> Total Stockholder Equity
29,253,186
32,862,465
42,798,169
44,952,200
48,061,300
54,859,900
60,488,500
59,808,000
66,737,700
66,737,70059,808,00060,488,50054,859,90048,061,30044,952,20042,798,16932,862,46529,253,186
   Common Stock
770,089
770,053
770,053
770,100
770,100
770,100
770,100
770,100
0
0770,100770,100770,100770,100770,100770,053770,053770,089
   Retained Earnings 
28,005,110
30,634,546
31,621,452
33,579,700
37,855,800
43,531,900
46,880,400
46,486,900
21,951,300
21,951,30046,486,90046,880,40043,531,90037,855,80033,579,70031,621,45230,634,54628,005,110
   Capital Surplus 
0
36
36
0
0
0
0
0
0
00000036360
   Treasury Stock000000000
   Other Stockholders Equity 
477,987
1,457,830
10,406,628
10,602,400
9,435,400
10,557,900
12,838,000
12,551,000
0
012,551,00012,838,00010,557,9009,435,40010,602,40010,406,6281,457,830477,987



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2023-12-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue96,627,200
Cost of Revenue-51,249,300
Gross Profit45,377,90045,377,900
 
Operating Income (+$)
Gross Profit45,377,900
Operating Expense-88,001,800
Operating Income8,625,400-42,623,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative24,256,500
Selling And Marketing Expenses0
Operating Expense88,001,80024,256,500
 
Net Interest Income (+$)
Interest Income213,000
Interest Expense-3,694,100
Other Finance Cost-10,700
Net Interest Income-3,491,800
 
Pretax Income (+$)
Operating Income8,625,400
Net Interest Income-3,491,800
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,799,3008,625,400
EBIT - interestExpense = -3,694,100
4,205,600
7,899,700
Interest Expense3,694,100
Earnings Before Interest and Taxes (EBIT)09,493,400
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,799,300
Tax Provision-1,593,700
Net Income From Continuing Ops4,205,6004,205,600
Net Income4,205,600
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net03,491,800
 

Technical Analysis of Birla Corporation 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 Birla Corporation Limited. The general trend of Birla Corporation Limited is UNKNOWN with 0.0% 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 Birla Corporation 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 StateBullish trend Bearish trend
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 Birla Corporation Limited.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 1,101 < 1,210 < 1,265.

The bearish price targets are: 1,082 > 1,002 > 978.31.

Tweet this
Birla Corporation 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 Birla Corporation Limited. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

Birla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Moving Average Convergence/Divergence (MACD) ChartBirla Corporation 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 Birla Corporation Limited. The current adx is .

Birla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Birla Corporation Limited.

Birla Corporation Limited Daily Relative Strength Index (RSI) ChartBirla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Stochastic Oscillator ChartBirla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Commodity Channel Index (CCI) ChartBirla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Chande Momentum Oscillator (CMO) ChartBirla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Williams %R ChartBirla Corporation Limited Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Birla Corporation Limited.

Birla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Average True Range (ATR) ChartBirla Corporation Limited Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

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 Birla Corporation Limited.

Birla Corporation Limited Daily On-Balance Volume (OBV) ChartBirla Corporation 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 Birla Corporation Limited.

Birla Corporation Limited Daily Money Flow Index (MFI) ChartBirla Corporation Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Birla Corporation 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
2024-06-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-07-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI 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.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-08-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-08-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-08-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-08-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-08-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-08-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-09-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-09-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-09-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-12STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-09-23CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-09-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-09-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-09-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-30RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-10-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-10-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-10-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-10-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-10-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-11-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Birla Corporation Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1,103.950
Total1/1 (100.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Birla Corporation Limited with someone you think should read this too:
  • Are you bullish or bearish on Birla Corporation Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Birla Corporation 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 Birla Corporation Limited

I send you an email if I find something interesting about Birla Corporation Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Birla Corporation Limited.

Receive notifications about Birla Corporation Limited in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.