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Torrent Pharmaceuticals Limited
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Let's analyze Torrent Pharmaceuticals Limited together

I guess you are interested in Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.44
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR202.57
Expected worth in 1 year
INR280.33
How sure are you?
87.5%

+ What do you gain per year?

Total Gains per Share
INR197.72
Return On Investment
6.7%

For what price can you sell your share?

Current Price per Share
INR2,957.00
Expected price per share
INR2,607 - INR2,877
How sure are you?
50%
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1. Valuation of Torrent Pharmaceuticals Limited (5 min.)




Live pricePrice per Share (EOD)

INR2,957.00

Intrinsic Value Per Share

INR552.29 - INR1,034.14

Total Value Per Share

INR754.87 - INR1,236.71

2. Growth of Torrent Pharmaceuticals Limited (5 min.)




Is Torrent Pharmaceuticals Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$822.7m$743.7m$78.9m9.6%

How much money is Torrent Pharmaceuticals Limited making?

Current yearPrevious yearGrowGrow %
Making money$198.7m$149.4m$49.2m24.8%
Net Profit Margin15.7%12.9%--

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

3. Financial Health of Torrent Pharmaceuticals Limited (5 min.)




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




  Industry Rankings (Pharmaceuticals)  

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

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

What can you expect buying and holding a share of Torrent Pharmaceuticals Limited?

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

Speculation

The Price per Share of Torrent Pharmaceuticals Limited is INR2,957. 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 INR202.57. Based on the TTM, the Book Value Change Per Share is INR19.44 per quarter. Based on the YOY, the Book Value Change Per Share is INR7.24 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 INR29.99 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Torrent Pharmaceuticals 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 Eps0.590.0%0.590.0%0.440.0%0.490.0%0.440.0%
Usd Book Value Change Per Share0.230.0%0.230.0%0.090.0%-0.180.0%0.300.0%
Usd Dividend Per Share0.360.0%0.360.0%0.310.0%0.310.0%0.260.0%
Usd Total Gains Per Share0.590.0%0.590.0%0.390.0%0.120.0%0.560.0%
Usd Price Per Share27.66-27.66-18.62-28.28-23.65-
Price to Earnings Ratio47.11-47.11-42.17-67.66-51.80-
Price-to-Total Gains Ratio46.63-46.63-47.39-48.99-45.91-
Price to Book Ratio11.38-11.38-8.47-12.24-8.65-
Price-to-Total Gains Ratio46.63-46.63-47.39-48.99-45.91-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share35.484
Number of shares28
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.360.31
Usd Book Value Change Per Share0.23-0.18
Usd Total Gains Per Share0.590.12
Gains per Quarter (28 shares)16.613.45
Gains per Year (28 shares)66.4313.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
140265634-214
2815212269-4118
312178188103-6232
4161105254138-8246
5202131320172-10360
6242157386206-12474
7282183452241-14488
8322209518275-165102
9363235584310-185116
10403261650344-206130

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%3.00.00.0100.0%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%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.01.00.087.5%7.01.00.087.5%
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Fundamentals of Torrent Pharmaceuticals Limited

About Torrent Pharmaceuticals Limited

Torrent Pharmaceuticals Limited engages in the research, development, manufacturing, and marketing of generic pharmaceutical formulations in India and internationally. The company offers products in various therapeutic areas, including cardiovascular, central nervous system, gastrointestinal, diabetology, anti-infective, pain management, nephrology, oncology, gynecology, pediatric, wound care, and nutraceuticals. It also provides contract manufacturing services. The company was formerly known as Trinity Laboratories and changed its name to Torrent Pharmaceuticals Limited in 1971. The company was founded in 1959 and is based in Ahmedabad, India. Torrent Pharmaceuticals Limited is a subsidiary of Torrent Private Limited.

Fundamental data was last updated by Penke on 2024-06-23 11:47:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is 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.

Valuation

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

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Torrent Pharmaceuticals Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • A Net Profit Margin of 15.7%¬†means that¬†₹0.16 for each ₹1¬†in revenue is generated as profit.

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

  • The MRQ is 15.7%. The company is making a huge profit. +2
  • The TTM is 15.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.7%TTM15.7%0.0%
TTM15.7%YOY12.9%+2.7%
TTM15.7%5Y13.3%+2.4%
5Y13.3%10Y13.9%-0.7%
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ15.7%9.8%+5.9%
TTM15.7%10.5%+5.2%
YOY12.9%10.6%+2.3%
5Y13.3%12.9%+0.4%
10Y13.9%11.6%+2.3%
1.1.2. Return on Assets

Shows how efficient Torrent Pharmaceuticals Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • 11.0% Return on Assets means that¬†Torrent Pharmaceuticals Limited generated¬†₹0.11 profit for each $1 in assets.

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

  • The MRQ is 11.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 11.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ11.0%TTM11.0%0.0%
TTM11.0%YOY8.3%+2.7%
TTM11.0%5Y8.3%+2.7%
5Y8.3%10Y8.7%-0.4%
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0%3.8%+7.2%
TTM11.0%4.4%+6.6%
YOY8.3%5.2%+3.1%
5Y8.3%4.7%+3.6%
10Y8.7%4.8%+3.9%
1.1.3. Return on Equity

Shows how efficient Torrent Pharmaceuticals Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • 24.2% Return on Equity means Torrent Pharmaceuticals Limited generated ₹0.24¬†for each¬†₹1 the owners (shareholders) invested.

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

  • The MRQ is 24.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 24.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ24.2%TTM24.2%0.0%
TTM24.2%YOY20.1%+4.1%
TTM24.2%5Y20.0%+4.2%
5Y20.0%10Y21.7%-1.7%
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ24.2%6.2%+18.0%
TTM24.2%7.0%+17.2%
YOY20.1%7.3%+12.8%
5Y20.0%6.8%+13.2%
10Y21.7%9.3%+12.4%
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1.2. Operating Efficiency of Torrent Pharmaceuticals Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Torrent Pharmaceuticals Limited is operating .

  • Measures how much profit Torrent Pharmaceuticals 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¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals 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 Torrent Pharmaceuticals Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.8%-5.8%
5Y5.8%10Y11.7%-6.0%
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ-17.8%-17.8%
TTM-3.8%-3.8%
YOY-12.1%-12.1%
5Y5.8%8.5%-2.7%
10Y11.7%11.5%+0.2%
1.2.2. Operating Ratio

Measures how efficient Torrent Pharmaceuticals Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Pharmaceuticals industry mean).
  • An Operation Ratio of 1.01 means that the operating costs are ₹1.01 for each ₹1 in net sales.

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

  • The MRQ is 1.012. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.012. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.012TTM1.0120.000
TTM1.012YOY1.056-0.044
TTM1.0125Y1.051-0.039
5Y1.05110Y0.984+0.068
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0121.225-0.213
TTM1.0121.218-0.206
YOY1.0561.314-0.258
5Y1.0511.248-0.197
10Y0.9841.239-0.255
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1.3. Liquidity of Torrent Pharmaceuticals Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Torrent Pharmaceuticals Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Pharmaceuticals industry mean).
  • A Current Ratio of 1.03¬†means the company has ₹1.03 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.034. The company is just able to pay all its short-term debts.
  • The TTM is 1.034. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.034TTM1.0340.000
TTM1.034YOY0.978+0.056
TTM1.0345Y1.051-0.017
5Y1.05110Y1.161-0.110
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0342.234-1.200
TTM1.0342.234-1.200
YOY0.9782.051-1.073
5Y1.0512.199-1.148
10Y1.1611.995-0.834
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • A Quick Ratio of 0.40¬†means the company can pay off ₹0.40 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.404. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.404. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.404TTM0.4040.000
TTM0.404YOY0.529-0.125
TTM0.4045Y0.479-0.075
5Y0.47910Y0.676-0.197
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4041.051-0.647
TTM0.4041.255-0.851
YOY0.5291.515-0.986
5Y0.4791.551-1.072
10Y0.6761.377-0.701
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1.4. Solvency of Torrent Pharmaceuticals Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Torrent Pharmaceuticals Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Torrent Pharmaceuticals Limited to Pharmaceuticals industry mean.
  • A Debt to Asset Ratio of 0.54¬†means that Torrent Pharmaceuticals Limited assets are¬†financed with 54.5% credit (debt) and the remaining percentage (100% - 54.5%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.545. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.545. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.545TTM0.5450.000
TTM0.545YOY0.587-0.042
TTM0.5455Y0.584-0.039
5Y0.58410Y0.603-0.019
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5450.340+0.205
TTM0.5450.336+0.209
YOY0.5870.333+0.254
5Y0.5840.316+0.268
10Y0.6030.340+0.263
1.4.2. Debt to Equity Ratio

Measures if Torrent Pharmaceuticals Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • A Debt to Equity ratio of 119.7% means that company has ₹1.20 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.197. The company is able to pay all its debts with equity. +1
  • The TTM is 1.197. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.197TTM1.1970.000
TTM1.197YOY1.422-0.225
TTM1.1975Y1.428-0.231
5Y1.42810Y1.559-0.131
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1970.547+0.650
TTM1.1970.547+0.650
YOY1.4220.499+0.923
5Y1.4280.475+0.953
10Y1.5590.557+1.002
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2. Market Valuation of Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Torrent Pharmaceuticals Limited to the¬†Pharmaceuticals industry mean.
  • A PE ratio of 47.11 means the investor is paying ₹47.11¬†for every ₹1 in earnings.

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

  • The EOD is 60.434. Based on the earnings, the company is expensive. -2
  • The MRQ is 47.108. Based on the earnings, the company is overpriced. -1
  • The TTM is 47.108. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD60.434MRQ47.108+13.325
MRQ47.108TTM47.1080.000
TTM47.108YOY42.173+4.936
TTM47.1085Y67.660-20.551
5Y67.66010Y51.800+15.860
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
EOD60.43423.510+36.924
MRQ47.10822.687+24.421
TTM47.10822.687+24.421
YOY42.17322.346+19.827
5Y67.66027.770+39.890
10Y51.80029.238+22.562
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 35.326. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 27.537. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 27.537. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD35.326MRQ27.537+7.789
MRQ27.537TTM27.5370.000
TTM27.537YOY29.273-1.736
TTM27.5375Y42.888-15.351
5Y42.88810Y57.377-14.489
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
EOD35.32633.705+1.621
MRQ27.53727.330+0.207
TTM27.53727.330+0.207
YOY29.27326.360+2.913
5Y42.88831.731+11.157
10Y57.37731.266+26.111
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to Pharmaceuticals industry mean).
  • A PB ratio of 11.38 means the investor is paying ₹11.38¬†for each ₹1 in book value.

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

  • The EOD is 14.597. Based on the equity, the company is expensive. -2
  • The MRQ is 11.379. Based on the equity, the company is expensive. -2
  • The TTM is 11.379. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD14.597MRQ11.379+3.219
MRQ11.379TTM11.3790.000
TTM11.379YOY8.473+2.906
TTM11.3795Y12.243-0.864
5Y12.24310Y8.651+3.591
Compared to industry (Pharmaceuticals)
PeriodCompanyIndustry (mean)+/- 
EOD14.5973.904+10.693
MRQ11.3793.087+8.292
TTM11.3793.087+8.292
YOY8.4732.717+5.756
5Y12.2433.200+9.043
10Y8.6514.091+4.560
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Torrent Pharmaceuticals 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--19.44019.4400%7.243+168%-15.321+179%25.322-23%
Book Value Per Share--202.573202.5730%183.134+11%203.818-1%203.1640%
Current Ratio--1.0341.0340%0.978+6%1.051-2%1.161-11%
Debt To Asset Ratio--0.5450.5450%0.587-7%0.584-7%0.603-10%
Debt To Equity Ratio--1.1971.1970%1.422-16%1.428-16%1.559-23%
Dividend Per Share--29.99029.9900%25.500+18%25.590+17%21.741+38%
Eps--48.93048.9300%36.793+33%41.246+19%36.361+35%
Free Cash Flow Per Share--83.70683.7060%53.007+58%58.346+43%49.468+69%
Free Cash Flow To Equity Per Share--83.70683.7060%55.293+51%20.215+314%39.746+111%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1034.139--------
Intrinsic Value_10Y_min--552.294--------
Intrinsic Value_1Y_max--70.610--------
Intrinsic Value_1Y_min--58.179--------
Intrinsic Value_3Y_max--237.319--------
Intrinsic Value_3Y_min--173.384--------
Intrinsic Value_5Y_max--434.366--------
Intrinsic Value_5Y_min--286.150--------
Market Cap--780116739200.000780116739200.0000%525148866976.000+49%735101803452.800+6%493065179390.222+58%
Net Profit Margin--0.1570.1570%0.129+21%0.133+18%0.139+13%
Operating Margin----0%-0%0.058-100%0.117-100%
Operating Ratio--1.0121.0120%1.056-4%1.051-4%0.984+3%
Pb Ratio14.597+22%11.37911.3790%8.473+34%12.243-7%8.651+32%
Pe Ratio60.434+22%47.10847.1080%42.173+12%67.660-30%51.800-9%
Price Per Share2957.000+22%2305.0002305.0000%1551.650+49%2356.690-2%1971.167+17%
Price To Free Cash Flow Ratio35.326+22%27.53727.5370%29.273-6%42.888-36%57.377-52%
Price To Total Gains Ratio59.822+22%46.63246.6320%47.389-2%48.992-5%45.910+2%
Quick Ratio--0.4040.4040%0.529-24%0.479-16%0.676-40%
Return On Assets--0.1100.1100%0.083+33%0.083+33%0.087+27%
Return On Equity--0.2420.2420%0.201+20%0.200+21%0.217+12%
Total Gains Per Share--49.43049.4300%32.743+51%10.269+381%47.063+5%
Usd Book Value--822720000.000822720000.0000%743768400.000+11%712017840.000+16%624775733.333+32%
Usd Book Value Change Per Share--0.2330.2330%0.087+168%-0.184+179%0.304-23%
Usd Book Value Per Share--2.4312.4310%2.198+11%2.446-1%2.4380%
Usd Dividend Per Share--0.3600.3600%0.306+18%0.307+17%0.261+38%
Usd Eps--0.5870.5870%0.442+33%0.495+19%0.436+35%
Usd Free Cash Flow--339960000.000339960000.0000%215280000.000+58%213322320.000+59%170661866.667+99%
Usd Free Cash Flow Per Share--1.0041.0040%0.636+58%0.700+43%0.594+69%
Usd Free Cash Flow To Equity Per Share--1.0041.0040%0.664+51%0.243+314%0.477+111%
Usd Market Cap--9361400870.4009361400870.4000%6301786403.712+49%8821221641.434+6%5916782152.683+58%
Usd Price Per Share35.484+22%27.66027.6600%18.620+49%28.280-2%23.654+17%
Usd Profit--198720000.000198720000.0000%149427600.000+33%142920240.000+39%129815866.667+53%
Usd Revenue--1267440000.0001267440000.0000%1154418000.000+10%1071223920.000+18%944010800.000+34%
Usd Total Gains Per Share--0.5930.5930%0.393+51%0.123+381%0.565+5%
 EOD+2 -4MRQTTM+0 -0YOY+29 -55Y+28 -710Y+25 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1560.434
Price to Book Ratio (EOD)Between0-114.597
Net Profit Margin (MRQ)Greater than00.157
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.404
Current Ratio (MRQ)Greater than11.034
Debt to Asset Ratio (MRQ)Less than10.545
Debt to Equity Ratio (MRQ)Less than11.197
Return on Equity (MRQ)Greater than0.150.242
Return on Assets (MRQ)Greater than0.050.110
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.232
Ma 20Greater thanMa 502,858.040
Ma 50Greater thanMa 1002,759.437
Ma 100Greater thanMa 2002,686.810
OpenGreater thanClose2,943.100
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets150,610,000
Total Liabilities82,050,000
Total Stockholder Equity68,560,000
 As reported
Total Liabilities 82,050,000
Total Stockholder Equity+ 68,560,000
Total Assets = 150,610,000

Assets

Total Assets150,610,000
Total Current Assets56,110,000
Long-term Assets94,500,000
Total Current Assets
Cash And Cash Equivalents 8,350,000
Short-term Investments 3,460,000
Net Receivables 18,440,000
Inventory 22,790,000
Other Current Assets 3,040,000
Total Current Assets  (as reported)56,110,000
Total Current Assets  (calculated)56,080,000
+/- 30,000
Long-term Assets
Property Plant Equipment 35,780,000
Goodwill 3,380,000
Intangible Assets 45,830,000
Long-term Assets Other 150,000
Long-term Assets  (as reported)94,500,000
Long-term Assets  (calculated)85,140,000
+/- 9,360,000

Liabilities & Shareholders' Equity

Total Current Liabilities54,260,000
Long-term Liabilities27,790,000
Total Stockholder Equity68,560,000
Total Current Liabilities
Short Long Term Debt 23,340,000
Accounts payable 20,890,000
Other Current Liabilities 1,300,000
Total Current Liabilities  (as reported)54,260,000
Total Current Liabilities  (calculated)45,530,000
+/- 8,730,000
Long-term Liabilities
Long term Debt 16,040,000
Capital Lease Obligations Min Short Term Debt840,000
Long-term Liabilities Other 10,000
Long-term Liabilities  (as reported)27,790,000
Long-term Liabilities  (calculated)16,890,000
+/- 10,900,000
Total Stockholder Equity
Total Stockholder Equity (as reported)68,560,000
Total Stockholder Equity (calculated)0
+/- 68,560,000
Other
Capital Stock1,690,000
Common Stock Shares Outstanding 338,445
Net Debt 31,030,000
Net Invested Capital 107,940,000
Net Working Capital 1,850,000
Property Plant and Equipment Gross 35,780,000



Balance Sheet

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 
90,578,800
97,020,900
142,432,200
141,209,200
140,377,900
140,746,500
130,998,400
150,118,500
150,610,000
150,610,000150,118,500130,998,400140,746,500140,377,900141,209,200142,432,20097,020,90090,578,800
   > Total Current Assets 
46,882,100
48,793,800
52,623,200
50,375,300
50,071,100
55,232,200
52,946,500
53,291,800
56,110,000
56,110,00053,291,80052,946,50055,232,20050,071,10050,375,30052,623,20048,793,80046,882,100
       Cash And Cash Equivalents 
3,691,500
6,153,900
6,289,300
385,500
2,557,600
5,576,300
3,755,900
4,705,500
8,350,000
8,350,0004,705,5003,755,9005,576,3002,557,600385,5006,289,3006,153,9003,691,500
       Short-term Investments 
0
14,147,000
11,183,900
5,786,300
5,000
1,654,500
1,845,500
2,142,200
3,460,000
3,460,0002,142,2001,845,5001,654,5005,0005,786,30011,183,90014,147,0000
       Net Receivables 
14,450,900
9,508,900
12,534,500
14,357,100
16,493,400
15,233,700
16,324,800
19,438,200
18,440,000
18,440,00019,438,20016,324,80015,233,70016,493,40014,357,10012,534,5009,508,90014,450,900
       Inventory 
14,270,700
16,329,000
20,515,900
20,190,700
22,403,600
27,341,700
25,189,200
22,808,800
22,790,000
22,790,00022,808,80025,189,20027,341,70022,403,60020,190,70020,515,90016,329,00014,270,700
       Other Current Assets 
522,400
2,715,300
1,235,500
300,400
560,700
1,006,100
2,196,900
202,600
3,040,000
3,040,000202,6002,196,9001,006,100560,700300,4001,235,5002,715,300522,400
   > Long-term Assets 
0
47,415,600
89,809,000
90,833,900
90,288,200
85,530,000
79,348,500
96,980,000
94,500,000
94,500,00096,980,00079,348,50085,530,00090,288,20090,833,90089,809,00047,415,6000
       Property Plant Equipment 
20,167,300
23,343,100
28,400,100
32,799,900
35,299,200
36,287,500
32,469,300
34,600,000
35,780,000
35,780,00034,600,00032,469,30036,287,50035,299,20032,799,90028,400,10023,343,10020,167,300
       Goodwill 
1,248,800
1,595,000
3,985,200
3,347,900
3,420,900
3,412,300
2,594,800
3,375,000
3,380,000
3,380,0003,375,0002,594,8003,412,3003,420,9003,347,9003,985,2001,595,0001,248,800
       Intangible Assets 
17,590,500
17,141,200
52,630,900
47,500,500
43,730,400
39,840,300
35,460,600
50,895,100
45,830,000
45,830,00050,895,10035,460,60039,840,30043,730,40047,500,50052,630,90017,141,20017,590,500
       Long-term Assets Other 
0
0
0
0
0
240,000
260,000
220,000
150,000
150,000220,000260,000240,00000000
> Total Liabilities 
55,637,800
53,519,600
96,210,300
93,965,700
92,145,700
82,374,800
71,468,900
88,137,800
82,050,000
82,050,00088,137,80071,468,90082,374,80092,145,70093,965,70096,210,30053,519,60055,637,800
   > Total Current Liabilities 
32,854,800
27,382,600
52,021,700
51,653,200
54,822,100
48,916,200
44,150,900
54,473,000
54,260,000
54,260,00054,473,00044,150,90048,916,20054,822,10051,653,20052,021,70027,382,60032,854,800
       Short-term Debt 
33,200
0
16,256,000
9,341,100
10,908,500
7,044,000
9,230,400
17,650,700
0
017,650,7009,230,4007,044,00010,908,5009,341,10016,256,000033,200
       Short Long Term Debt 
0
2,693,000
23,508,600
21,251,800
25,091,300
7,040,000
18,948,800
28,010,000
23,340,000
23,340,00028,010,00018,948,8007,040,00025,091,30021,251,80023,508,6002,693,0000
       Accounts payable 
0
22,978,700
20,482,400
20,967,400
20,768,600
20,670,000
16,744,400
16,790,000
20,890,000
20,890,00016,790,00016,744,40020,670,00020,768,60020,967,40020,482,40022,978,7000
       Other Current Liabilities 
0
300
7,000
16,900
0
1,280,000
990,000
1,030,000
1,300,000
1,300,0001,030,000990,0001,280,000016,9007,0003000
   > Long-term Liabilities 
0
26,132,100
44,183,400
42,312,500
37,323,600
33,460,000
27,318,000
33,670,000
27,790,000
27,790,00033,670,00027,318,00033,460,00037,323,60042,312,50044,183,40026,132,1000
       Long term Debt Total 
18,500,800
22,408,300
41,114,600
39,129,200
33,038,500
29,632,700
21,600,400
25,491,500
0
025,491,50021,600,40029,632,70033,038,50039,129,20041,114,60022,408,30018,500,800
       Capital Lease Obligations Min Short Term Debt
-33,200
0
-16,256,000
-9,341,100
-10,351,700
-6,557,300
-8,714,900
-16,940,700
840,000
840,000-16,940,700-8,714,900-6,557,300-10,351,700-9,341,100-16,256,0000-33,200
> Total Stockholder Equity
34,941,000
43,501,300
46,221,900
47,243,500
48,232,200
58,371,700
59,529,500
61,980,700
68,560,000
68,560,00061,980,70059,529,50058,371,70048,232,20047,243,50046,221,90043,501,30034,941,000
   Common Stock
846,200
846,200
846,200
846,200
846,200
846,200
846,200
1,692,300
0
01,692,300846,200846,200846,200846,200846,200846,200846,200
   Retained Earnings 
34,227,600
41,447,600
45,594,200
46,220,300
48,987,000
58,121,400
59,223,500
62,285,900
0
062,285,90059,223,50058,121,40048,987,00046,220,30045,594,20041,447,60034,227,600
   Capital Surplus 
43,400
43,400
43,400
43,400
43,400
43,400
43,400
0
0
0043,40043,40043,40043,40043,40043,40043,400
   Treasury Stock000000000
   Other Stockholders Equity 
-176,200
1,164,100
-261,900
133,600
-1,644,400
-639,300
-583,600
-1,997,500
0
0-1,997,500-583,600-639,300-1,644,400133,600-261,9001,164,100-176,200



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, 2023-12-31)

Gross Profit (+$)
totalRevenue105,620,000
Cost of Revenue-26,860,000
Gross Profit78,760,00078,760,000
 
Operating Income (+$)
Gross Profit78,760,000
Operating Expense-80,020,000
Operating Income25,600,000-1,260,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense80,020,0000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-3,540,000
Other Finance Cost-0
Net Interest Income-3,540,000
 
Pretax Income (+$)
Operating Income25,600,000
Net Interest Income-3,540,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)23,520,00025,600,000
EBIT - interestExpense = -3,540,000
16,560,000
20,100,000
Interest Expense3,540,000
Earnings Before Interest and Taxes (EBIT)027,060,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax23,520,000
Tax Provision-6,960,000
Net Income From Continuing Ops16,560,00016,560,000
Net Income16,560,000
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 Net03,540,000
 

Technical Analysis of Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The general trend of Torrent Pharmaceuticals Limited 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 Torrent Pharmaceuticals Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (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 Torrent Pharmaceuticals Limited.

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

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

The bullish price targets are: 2,877.

The bearish price targets are: 2,755 > 2,691 > 2,607.

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Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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

Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current macd is 45.16.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Torrent Pharmaceuticals Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Torrent Pharmaceuticals Limited. 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 Torrent Pharmaceuticals Limited 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
Torrent Pharmaceuticals Limited Daily Moving Average Convergence/Divergence (MACD) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current adx is 17.72.

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 Torrent Pharmaceuticals Limited 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
Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current sar is 2,781.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current rsi is 69.23. 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
Torrent Pharmaceuticals Limited Daily Relative Strength Index (RSI) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D 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 Torrent Pharmaceuticals Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Torrent Pharmaceuticals Limited Daily Stochastic Oscillator ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current cci is 152.57.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Torrent Pharmaceuticals Limited Daily Commodity Channel Index (CCI) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current cmo is 49.70.

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
Torrent Pharmaceuticals Limited Daily Chande Momentum Oscillator (CMO) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current willr is -8.80361174.

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

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

Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current atr is 68.30.

Torrent Pharmaceuticals Limited Daily Average True Range (ATR) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current obv is -410,694.

Torrent Pharmaceuticals Limited Daily On-Balance Volume (OBV) ChartTorrent Pharmaceuticals 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 Torrent Pharmaceuticals Limited. The current mfi is 79.60.

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
Torrent Pharmaceuticals Limited Daily Money Flow Index (MFI) ChartTorrent Pharmaceuticals Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Torrent Pharmaceuticals 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
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH 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
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-22DMI 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
2024-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-24SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-05-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-27DMI 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
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-05-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-25MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-06-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-01DMI 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.
2024-07-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-07-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Torrent Pharmaceuticals Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5069.232
Ma 20Greater thanMa 502,858.040
Ma 50Greater thanMa 1002,759.437
Ma 100Greater thanMa 2002,686.810
OpenGreater thanClose2,943.100
Total4/5 (80.0%)
Penke

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