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Eicher Motors Limited
Buy, Hold or Sell?

Let's analyze Eicher Motors Limited together

I guess you are interested in Eicher Motors 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 Eicher Motors 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 Eicher Motors Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.00
When do you have the money?
1 year
How often do you get paid?
77.8%

What is your share worth?

Current worth
INR548.13
Expected worth in 1 year
INR896.17
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
INR432.03
Return On Investment
8.8%

For what price can you sell your share?

Current Price per Share
INR4,909.85
Expected price per share
INR4,202 - INR4,978
How sure are you?
50%
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1. Valuation of Eicher Motors Limited (5 min.)




Live pricePrice per Share (EOD)

INR4,909.85

Intrinsic Value Per Share

INR445.81 - INR992.46

Total Value Per Share

INR993.94 - INR1,540.59

2. Growth of Eicher Motors Limited (5 min.)




Is Eicher Motors Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$1.7b$1.5b$283.4m15.9%

How much money is Eicher Motors Limited making?

Current yearPrevious yearGrowGrow %
Making money$346.7m$199.5m$147.2m42.5%
Net Profit Margin20.2%16.3%--

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

3. Financial Health of Eicher Motors Limited (5 min.)




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




  Industry Rankings (Other)  


Richest
#64 / 386

Most Revenue
#55 / 386

Most Profit
#31 / 386
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What can you expect buying and holding a share of Eicher Motors Limited? (5 min.)

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

What can you expect buying and holding a share of Eicher Motors Limited?

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

Speculation

The Price per Share of Eicher Motors Limited is INR4,910. 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 Eicher Motors 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 Eicher Motors 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 INR548.13. Based on the TTM, the Book Value Change Per Share is INR87.01 per quarter. Based on the YOY, the Book Value Change Per Share is INR42.65 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 INR21.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Eicher Motors 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 Eps1.270.0%1.270.0%0.730.0%0.870.0%1.600.0%
Usd Book Value Change Per Share1.040.0%1.040.0%0.510.0%0.690.0%0.720.0%
Usd Dividend Per Share0.250.0%0.250.0%0.200.0%0.180.0%0.360.0%
Usd Total Gains Per Share1.290.0%1.290.0%0.710.0%0.870.0%1.090.0%
Usd Price Per Share35.11-35.11-29.28-99.10-172.63-
Price to Earnings Ratio27.69-27.69-40.13-114.12-165.71-
Price-to-Total Gains Ratio27.31-27.31-41.25-116.06-119.97-
Price to Book Ratio5.38-5.38-5.34-23.11-42.43-
Price-to-Total Gains Ratio27.31-27.31-41.25-116.06-119.97-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share58.427215
Number of shares17
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.18
Usd Book Value Change Per Share1.040.69
Usd Total Gains Per Share1.290.87
Gains per Quarter (17 shares)21.8514.73
Gains per Year (17 shares)87.4058.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1177077124749
2341411642494108
35121125136141167
46828233848188226
58535242560235285
610242251272282344
711949359984329403
813656368696376462
9153634773108423521
10170704860120470580

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%9.00.00.0100.0%9.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.01.00.088.9%8.01.00.088.9%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%7.00.02.077.8%7.00.02.077.8%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.01.00.088.9%8.01.00.088.9%
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Fundamentals of Eicher Motors Limited

About Eicher Motors Limited

Eicher Motors Limited manufactures and sells motorcycles and commercial vehicles in India and internationally. The company owns the Royal Enfield motorcycle brand that offers Classic, Bullet, Himalayan, Interceptor INT 650, Continental GT 650, and Thunderbird models. It designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories. The company, through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher brand; Volvo trucks; and engineering components and aggregates. Eicher Motors Limited was founded in 1948 and is based in Gurugram, India.

Fundamental data was last updated by Penke on 2024-07-15 02:05:03.

Financial Health

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

Valuation

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

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • A Net Profit Margin of 20.2%¬†means that¬†₹0.20 for each ₹1¬†in revenue is generated as profit.

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

  • The MRQ is 20.2%. The company is making a huge profit. +2
  • The TTM is 20.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ20.2%TTM20.2%0.0%
TTM20.2%YOY16.3%+3.9%
TTM20.2%5Y18.9%+1.3%
5Y18.9%10Y18.1%+0.8%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ20.2%5.6%+14.6%
TTM20.2%5.2%+15.0%
YOY16.3%5.8%+10.5%
5Y18.9%6.0%+12.9%
10Y18.1%6.1%+12.0%
1.1.2. Return on Assets

Shows how efficient Eicher Motors Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • 15.2% Return on Assets means that¬†Eicher Motors Limited generated¬†₹0.15 profit for each $1 in assets.

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

  • The MRQ is 15.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.2%TTM15.2%0.0%
TTM15.2%YOY10.3%+4.8%
TTM15.2%5Y13.8%+1.4%
5Y13.8%10Y16.7%-2.9%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2%1.1%+14.1%
TTM15.2%1.0%+14.2%
YOY10.3%1.4%+8.9%
5Y13.8%1.2%+12.6%
10Y16.7%1.4%+15.3%
1.1.3. Return on Equity

Shows how efficient Eicher Motors Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • 19.4% Return on Equity means Eicher Motors Limited generated ₹0.19¬†for each¬†₹1 the owners (shareholders) invested.

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

  • The MRQ is 19.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.4%TTM19.4%0.0%
TTM19.4%YOY13.3%+6.1%
TTM19.4%5Y17.5%+1.9%
5Y17.5%10Y23.1%-5.6%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ19.4%3.5%+15.9%
TTM19.4%3.3%+16.1%
YOY13.3%4.6%+8.7%
5Y17.5%3.7%+13.8%
10Y23.1%3.7%+19.4%
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1.2. Operating Efficiency of Eicher Motors Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Eicher Motors Limited is operating .

  • Measures how much profit Eicher Motors 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¬†Eicher Motors Limited to the¬†Other 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 Eicher Motors Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y13.4%-13.4%
5Y13.4%10Y17.5%-4.1%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y13.4%5.2%+8.2%
10Y17.5%6.8%+10.7%
1.2.2. Operating Ratio

Measures how efficient Eicher Motors Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.59 means that the operating costs are ₹0.59 for each ₹1 in net sales.

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

  • The MRQ is 0.592. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.592. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.5920.000
TTM0.592YOY0.603-0.011
TTM0.5925Y0.888-0.296
5Y0.88810Y1.049-0.161
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5921.231-0.639
TTM0.5921.253-0.661
YOY0.6031.242-0.639
5Y0.8881.264-0.376
10Y1.0491.363-0.314
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1.3. Liquidity of Eicher Motors Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Eicher Motors Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 1.14¬†means the company has ₹1.14 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.139. The company is just able to pay all its short-term debts.
  • The TTM is 1.139. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.139TTM1.1390.000
TTM1.139YOY1.884-0.745
TTM1.1395Y2.325-1.187
5Y2.32510Y1.774+0.551
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1391.422-0.283
TTM1.1391.508-0.369
YOY1.8841.553+0.331
5Y2.3251.542+0.783
10Y1.7741.499+0.275
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • A Quick Ratio of 0.75¬†means the company can pay off ₹0.75 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.748. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.748. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.748TTM0.7480.000
TTM0.748YOY2.193-1.445
TTM0.7485Y3.331-2.583
5Y3.33110Y2.213+1.119
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7480.564+0.184
TTM0.7480.576+0.172
YOY2.1930.578+1.615
5Y3.3310.604+2.727
10Y2.2130.603+1.610
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1.4. Solvency of Eicher Motors Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Eicher Motors Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Eicher Motors Limited to Other industry mean.
  • A Debt to Asset Ratio of 0.22¬†means that Eicher Motors Limited assets are¬†financed with 21.9% credit (debt) and the remaining percentage (100% - 21.9%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.219. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.219. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.219TTM0.2190.000
TTM0.219YOY0.222-0.003
TTM0.2195Y0.214+0.005
5Y0.21410Y0.252-0.038
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2190.527-0.308
TTM0.2190.525-0.306
YOY0.2220.549-0.327
5Y0.2140.556-0.342
10Y0.2520.565-0.313
1.4.2. Debt to Equity Ratio

Measures if Eicher Motors Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • A Debt to Equity ratio of 28.1% means that company has ₹0.28 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.281. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.281. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.281TTM0.2810.000
TTM0.281YOY0.285-0.004
TTM0.2815Y0.273+0.008
5Y0.27310Y0.388-0.116
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2811.113-0.832
TTM0.2811.095-0.814
YOY0.2851.190-0.905
5Y0.2731.300-1.027
10Y0.3881.451-1.063
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2. Market Valuation of Eicher Motors 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 Eicher Motors Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Eicher Motors Limited to the¬†Other industry mean.
  • A PE ratio of 27.69 means the investor is paying ₹27.69¬†for every ₹1 in earnings.

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

  • The EOD is 46.080. Based on the earnings, the company is overpriced. -1
  • The MRQ is 27.688. Based on the earnings, the company is overpriced. -1
  • The TTM is 27.688. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD46.080MRQ27.688+18.392
MRQ27.688TTM27.6880.000
TTM27.688YOY40.125-12.437
TTM27.6885Y114.115-86.427
5Y114.11510Y165.706-51.591
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD46.08013.251+32.829
MRQ27.68811.870+15.818
TTM27.68811.033+16.655
YOY40.12511.330+28.795
5Y114.11511.874+102.241
10Y165.70612.710+152.996
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 62.022. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 37.267. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 37.267. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD62.022MRQ37.267+24.755
MRQ37.267TTM37.2670.000
TTM37.267YOY75.912-38.646
TTM37.2675Y240.111-202.844
5Y240.11110Y319.409-79.298
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD62.0225.379+56.643
MRQ37.2675.065+32.202
TTM37.2674.265+33.002
YOY75.9121.958+73.954
5Y240.1112.492+237.619
10Y319.4093.557+315.852
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 5.38 means the investor is paying ₹5.38¬†for each ₹1 in book value.

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

  • The EOD is 8.957. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.382. Based on the equity, the company is overpriced. -1
  • The TTM is 5.382. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.957MRQ5.382+3.575
MRQ5.382TTM5.3820.000
TTM5.382YOY5.336+0.046
TTM5.3825Y23.114-17.732
5Y23.11410Y42.431-19.317
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD8.9571.641+7.316
MRQ5.3821.376+4.006
TTM5.3821.357+4.025
YOY5.3361.375+3.961
5Y23.1141.567+21.547
10Y42.4311.653+40.778
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Eicher Motors 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--87.01187.0110%42.654+104%58.039+50%60.903+43%
Book Value Per Share--548.128548.1280%461.117+19%424.030+29%581.246-6%
Current Ratio--1.1391.1390%1.884-40%2.325-51%1.774-36%
Debt To Asset Ratio--0.2190.2190%0.222-1%0.214+2%0.252-13%
Debt To Equity Ratio--0.2810.2810%0.285-2%0.273+3%0.388-28%
Dividend Per Share--20.99620.9960%16.995+24%14.795+42%30.583-31%
Eps--106.550106.5500%61.319+74%72.962+46%134.821-21%
Free Cash Flow Per Share--79.16379.1630%32.412+144%44.951+76%78.636+1%
Free Cash Flow To Equity Per Share--63.89963.8990%10.711+497%29.021+120%43.276+48%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--992.460--------
Intrinsic Value_10Y_min--445.815--------
Intrinsic Value_1Y_max--61.838--------
Intrinsic Value_1Y_min--45.341--------
Intrinsic Value_3Y_max--214.463--------
Intrinsic Value_3Y_min--136.461--------
Intrinsic Value_5Y_max--401.650--------
Intrinsic Value_5Y_min--227.133--------
Market Cap134061490310.000-502%806811653735.500806811653735.5000%672743866395.000+20%2273595839582.042-65%3000133334738.716-73%
Net Profit Margin--0.2020.2020%0.163+24%0.189+7%0.181+12%
Operating Margin----0%-0%0.134-100%0.175-100%
Operating Ratio--0.5920.5920%0.603-2%0.888-33%1.049-44%
Pb Ratio8.957+40%5.3825.3820%5.336+1%23.114-77%42.431-87%
Pe Ratio46.080+40%27.68827.6880%40.125-31%114.115-76%165.706-83%
Price Per Share4909.850+40%2950.1502950.1500%2460.450+20%8327.930-65%14506.756-80%
Price To Free Cash Flow Ratio62.022+40%37.26737.2670%75.912-51%240.111-84%319.409-88%
Price To Total Gains Ratio45.459+40%27.31527.3150%41.249-34%116.055-76%119.973-77%
Quick Ratio--0.7480.7480%2.193-66%3.331-78%2.213-66%
Return On Assets--0.1520.1520%0.103+47%0.138+10%0.167-9%
Return On Equity--0.1940.1940%0.133+46%0.175+11%0.231-16%
Total Gains Per Share--108.006108.0060%59.649+81%72.835+48%91.486+18%
Usd Book Value--1783843320.0001783843320.0000%1500352000.000+19%1378877038.000+29%1025583782.222+74%
Usd Book Value Change Per Share--1.0351.0350%0.508+104%0.691+50%0.725+43%
Usd Book Value Per Share--6.5236.5230%5.487+19%5.046+29%6.917-6%
Usd Dividend Per Share--0.2500.2500%0.202+24%0.176+42%0.364-31%
Usd Eps--1.2681.2680%0.730+74%0.868+46%1.604-21%
Usd Free Cash Flow--257631430.000257631430.0000%105458990.000+144%146182456.000+76%133077964.444+94%
Usd Free Cash Flow Per Share--0.9420.9420%0.386+144%0.535+76%0.936+1%
Usd Free Cash Flow To Equity Per Share--0.7600.7600%0.127+497%0.345+120%0.515+48%
Usd Market Cap1595331734.689-502%9601058679.4529601058679.4520%8005652010.101+20%27055790491.026-65%35701586683.391-73%
Usd Price Per Share58.427+40%35.10735.1070%29.279+20%99.102-65%172.630-80%
Usd Profit--346758860.000346758860.0000%199515400.000+74%237228880.000+46%205575805.556+69%
Usd Revenue--1718619420.0001718619420.0000%1225441770.000+40%1247381800.000+38%1127581987.778+52%
Usd Total Gains Per Share--1.2851.2850%0.710+81%0.867+48%1.089+18%
 EOD+2 -6MRQTTM+0 -0YOY+29 -55Y+26 -910Y+20 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1546.080
Price to Book Ratio (EOD)Between0-18.957
Net Profit Margin (MRQ)Greater than00.202
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.748
Current Ratio (MRQ)Greater than11.139
Debt to Asset Ratio (MRQ)Less than10.219
Debt to Equity Ratio (MRQ)Less than10.281
Return on Equity (MRQ)Greater than0.150.194
Return on Assets (MRQ)Greater than0.050.152
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.257
Ma 20Greater thanMa 504,793.825
Ma 50Greater thanMa 1004,773.945
Ma 100Greater thanMa 2004,454.350
OpenGreater thanClose4,915.450
Total5/5 (100.0%)



Latest Balance Sheet

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

Summary
Total Assets191,976,400
Total Liabilities42,073,600
Total Stockholder Equity149,902,800
 As reported
Total Liabilities 42,073,600
Total Stockholder Equity+ 149,902,800
Total Assets = 191,976,400

Assets

Total Assets191,976,400
Total Current Assets36,832,300
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 888,100
Short-term Investments 9,698,900
Net Receivables 3,911,400
Inventory 14,696,100
Other Current Assets 275,500
Total Current Assets  (as reported)36,832,300
Total Current Assets  (calculated)29,470,000
+/- 7,362,300
Long-term Assets
Property Plant Equipment 23,035,300
Intangible Assets 8,585,300
Long-term Assets  (as reported)0
Long-term Assets  (calculated)31,620,600
+/- 31,620,600

Liabilities & Shareholders' Equity

Total Current Liabilities32,345,800
Long-term Liabilities0
Total Stockholder Equity149,902,800
Total Current Liabilities
Short-term Debt 1,327,400
Total Current Liabilities  (as reported)32,345,800
Total Current Liabilities  (calculated)1,327,400
+/- 31,018,400
Long-term Liabilities
Long term Debt Total 1,307,500
Capital Lease Obligations Min Short Term Debt-1,327,400
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-19,900
+/- 19,900
Total Stockholder Equity
Common Stock273,500
Retained Earnings 146,516,500
Capital Surplus 2,576,700
Other Stockholders Equity 536,100
Total Stockholder Equity (as reported)149,902,800
Total Stockholder Equity (calculated)149,902,800
+/-0
Other
Cash And Equivalents7,683,100
Cash and Short Term Investments 10,587,000
Common Stock Shares Outstanding 273,482
Liabilities and Stockholders Equity 191,976,400
Net Working Capital 4,486,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-31
> Total Assets 
64,032,300
49,390,100
70,090,800
95,222,300
113,868,300
124,497,200
145,586,100
162,009,900
191,976,400
191,976,400162,009,900145,586,100124,497,200113,868,30095,222,30070,090,80049,390,10064,032,300
   > Total Current Assets 
29,015,000
35,362,600
13,809,400
25,350,400
44,153,100
63,745,900
88,084,800
56,193,400
36,832,300
36,832,30056,193,40088,084,80063,745,90044,153,10025,350,40013,809,40035,362,60029,015,000
       Cash And Cash Equivalents 
3,533,200
275,600
250,600
924,600
6,920,000
432,100
941,200
505,300
888,100
888,100505,300941,200432,1006,920,000924,600250,600275,6003,533,200
       Short-term Investments 
9,170,900
17,900
6,000
17,423,400
26,948,600
54,077,300
68,008,600
30,700,000
9,698,900
9,698,90030,700,00068,008,60054,077,30026,948,60017,423,4006,00017,9009,170,900
       Net Receivables 
6,178,200
12,512,800
500,400
680,000
842,900
867,600
3,627,900
3,522,700
3,911,400
3,911,4003,522,7003,627,900867,600842,900680,000500,40012,512,8006,178,200
       Inventory 
6,455,200
8,848,100
3,749,900
4,541,900
6,883,400
6,422,100
9,743,100
12,779,500
14,696,100
14,696,10012,779,5009,743,1006,422,1006,883,4004,541,9003,749,9008,848,1006,455,200
       Other Current Assets 
3,613,600
90,900
78,200
106,000
123,100
164,000
144,800
315,100
275,500
275,500315,100144,800164,000123,100106,00078,20090,9003,613,600
   > Long-term Assets 
0
0
56,097,200
69,871,900
69,765,600
60,751,300
0
0
0
00060,751,30069,765,60069,871,90056,097,20000
       Property Plant Equipment 
22,174,300
32,555,100
11,001,400
16,010,600
19,642,100
22,162,800
21,560,400
22,284,200
23,035,300
23,035,30022,284,20021,560,40022,162,80019,642,10016,010,60011,001,40032,555,10022,174,300
       Long Term Investments 
1,500,500
28,007,800
41,035,200
0
0
0
0
0
0
00000041,035,20028,007,8001,500,500
       Intangible Assets 
5,107,000
902,100
1,422,000
2,299,800
3,566,000
4,702,500
5,915,500
7,006,400
8,585,300
8,585,3007,006,4005,915,5004,702,5003,566,0002,299,8001,422,000902,1005,107,000
       Long-term Assets Other 
0
0
77,100
200
50,400
0
0
0
0
000050,40020077,10000
> Total Liabilities 
28,023,100
12,859,200
16,640,100
24,921,600
24,681,100
24,687,900
31,205,300
35,929,900
42,073,600
42,073,60035,929,90031,205,30024,687,90024,681,10024,921,60016,640,10012,859,20028,023,100
   > Total Current Liabilities 
24,732,600
30,913,700
15,297,500
22,652,400
20,979,600
20,245,700
26,288,100
29,833,600
32,345,800
32,345,80029,833,60026,288,10020,245,70020,979,60022,652,40015,297,50030,913,70024,732,600
       Short-term Debt 
583,600
291,200
1,118,500
1,508,400
1,867,600
1,444,300
1,574,100
588,400
1,327,400
1,327,400588,4001,574,1001,444,3001,867,6001,508,4001,118,500291,200583,600
       Short Long Term Debt 
583,600
291,200
470,700
1,508,400
1,867,600
1,444,300
0
0
0
0001,444,3001,867,6001,508,400470,700291,200583,600
       Accounts payable 
15,220,200
20,856,500
8,327,400
11,718,600
12,340,500
10,276,500
0
0
0
00010,276,50012,340,50011,718,6008,327,40020,856,50015,220,200
       Other Current Liabilities 
7,833,000
9,035,800
5,697,300
8,719,700
5,881,800
7,285,700
0
0
0
0007,285,7005,881,8008,719,7005,697,3009,035,8007,833,000
   > Long-term Liabilities 
0
0
1,441,400
2,269,200
3,700,100
4,442,200
0
0
0
0004,442,2003,700,1002,269,2001,441,40000
       Long term Debt Total 
0
0
0
0
0
777,200
461,200
353,200
1,307,500
1,307,500353,200461,200777,20000000
       Capital Lease Obligations 
0
0
0
0
0
1,045,700
0
0
0
0001,045,70000000
       Long-term Liabilities Other 
0
0
232,000
468,400
631,300
600,200
0
0
0
000600,200631,300468,400232,00000
> Total Stockholder Equity
25,158,600
36,530,900
53,450,700
70,300,700
89,187,200
99,809,300
114,380,800
126,080,000
149,902,800
149,902,800126,080,000114,380,80099,809,30089,187,20070,300,70053,450,70036,530,90025,158,600
   Common Stock
271,000
271,500
272,100
272,600
272,800
273,000
273,300
273,400
273,500
273,500273,400273,300273,000272,800272,600272,100271,500271,000
   Retained Earnings 
18,801,900
35,730,700
52,850,300
69,298,000
87,684,100
97,734,400
111,341,200
123,038,700
146,516,500
146,516,500123,038,700111,341,20097,734,40087,684,10069,298,00052,850,30035,730,70018,801,900
   Capital Surplus 
0
0
320,900
603,700
1,151,100
1,590,000
2,250,000
2,410,500
2,576,700
2,576,7002,410,5002,250,0001,590,0001,151,100603,700320,90000
   Treasury Stock000000000
   Other Stockholders Equity 
9,000
34,289,000
7,400
126,400
79,200
211,900
516,300
357,400
536,100
536,100357,400516,300211,90079,200126,4007,40034,289,0009,000



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


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

Gross Profit (+$)
totalRevenue144,421,800
Cost of Revenue-85,471,200
Gross Profit58,950,60058,950,600
 
Operating Income (+$)
Gross Profit58,950,600
Operating Expense-0
Operating Income29,195,10058,950,600
 
Operating Expense (+$)
Research Development0
Selling General Administrative23,392,100
Selling And Marketing Expenses0
Operating Expense023,392,100
 
Net Interest Income (+$)
Interest Income7,893,800
Interest Expense-0
Other Finance Cost-7,893,800
Net Interest Income0
 
Pretax Income (+$)
Operating Income29,195,100
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)37,996,30029,195,100
EBIT - interestExpense = 0
29,139,400
29,139,400
Interest Expense0
Earnings Before Interest and Taxes (EBIT)037,996,300
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax37,996,300
Tax Provision-8,856,900
Net Income From Continuing Ops029,139,400
Net Income29,139,400
Net Income Applicable To Common Shares29,139,400
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Eicher Motors 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 Eicher Motors Limited. The general trend of Eicher Motors 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 Eicher Motors 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 Eicher Motors Limited.

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

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

The bullish price targets are: 4,978.

The bearish price targets are: 4,593 > 4,261 > 4,202.

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Eicher Motors 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 Eicher Motors 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

Eicher Motors 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 Eicher Motors Limited. The current macd is 45.87.

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 Eicher Motors 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 Eicher Motors 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 Eicher Motors 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
Eicher Motors Limited Daily Moving Average Convergence/Divergence (MACD) ChartEicher Motors 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 Eicher Motors Limited. The current adx is 18.45.

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 Eicher Motors 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
Eicher Motors 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 Eicher Motors Limited. The current sar is 4,736.

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
Eicher Motors 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 Eicher Motors Limited. The current rsi is 60.26. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Eicher Motors Limited Daily Relative Strength Index (RSI) ChartEicher Motors 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 Eicher Motors Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Eicher Motors Limited price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Eicher Motors Limited Daily Stochastic Oscillator ChartEicher Motors 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 Eicher Motors Limited. The current cci is 93.97.

Eicher Motors Limited Daily Commodity Channel Index (CCI) ChartEicher Motors 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 Eicher Motors Limited. The current cmo is 24.62.

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
Eicher Motors Limited Daily Chande Momentum Oscillator (CMO) ChartEicher Motors 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 Eicher Motors Limited. The current willr is -20.80140485.

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

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

Eicher Motors 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 Eicher Motors Limited. The current atr is 106.59.

Eicher Motors Limited Daily Average True Range (ATR) ChartEicher Motors 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 Eicher Motors Limited. The current obv is 1,240,603.

Eicher Motors Limited Daily On-Balance Volume (OBV) ChartEicher Motors 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 Eicher Motors Limited. The current mfi is 77.99.

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
Eicher Motors Limited Daily Money Flow Index (MFI) ChartEicher Motors Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Eicher Motors 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
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-28DMI 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).
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
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.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH 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.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-04WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-08STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-04-16STOCH 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).
2024-04-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-23MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-05-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-06CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-12DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-14MACD 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-28MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-07-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Eicher Motors Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5060.257
Ma 20Greater thanMa 504,793.825
Ma 50Greater thanMa 1004,773.945
Ma 100Greater thanMa 2004,454.350
OpenGreater thanClose4,915.450
Total5/5 (100.0%)
Penke

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