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Kennametal India Limited
Buy, Hold or Sell?

Let's analyze Kennametal together

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

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

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Quick analysis of Kennametal (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.95
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR313.17
Expected worth in 1 year
INR389.61
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR156.52
Return On Investment
5.0%

For what price can you sell your share?

Current Price per Share
INR3,135.50
Expected price per share
INR2,830 - INR3,810
How sure are you?
50%
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1. Valuation of Kennametal (5 min.)




Live pricePrice per Share (EOD)

INR3,135.50

Intrinsic Value Per Share

INR303.96 - INR875.83

Total Value Per Share

INR617.13 - INR1,189.00

2. Growth of Kennametal (5 min.)




Is Kennametal growing?

Current yearPrevious yearGrowGrow %
How rich?$81.9m$76.9m$4.9m6.1%

How much money is Kennametal making?

Current yearPrevious yearGrowGrow %
Making money$10.4m$13.5m-$3.1m-30.1%
Net Profit Margin8.1%11.5%--

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

3. Financial Health of Kennametal (5 min.)




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




  Industry Rankings (Other)  


Richest
#228 / 386

Most Revenue
#198 / 386

Most Profit
#164 / 386

Most Efficient
#132 / 386
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What can you expect buying and holding a share of Kennametal? (5 min.)

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

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

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

Speculation

The Price per Share of Kennametal is INR3,136. 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 Kennametal.
  • 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 Kennametal, 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 INR313.17. Based on the TTM, the Book Value Change Per Share is INR19.11 per quarter. Based on the YOY, the Book Value Change Per Share is INR27.57 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 INR20.02 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kennametal.

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 Eps0.470.0%0.470.0%0.620.0%0.430.0%0.300.0%
Usd Book Value Change Per Share0.230.0%0.230.0%0.330.0%0.270.0%0.370.0%
Usd Dividend Per Share0.240.0%0.240.0%0.290.0%0.160.0%0.090.0%
Usd Total Gains Per Share0.470.0%0.470.0%0.610.0%0.430.0%0.460.0%
Usd Price Per Share31.50-31.50-22.35-18.11-13.34-
Price to Earnings Ratio66.34-66.34-36.18-42.95-52.35-
Price-to-Total Gains Ratio67.65-67.65-36.43-43.62-45.11-
Price to Book Ratio8.45-8.45-6.39-5.42-4.81-
Price-to-Total Gains Ratio67.65-67.65-36.43-43.62-45.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share37.31245
Number of shares26
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.240.16
Usd Book Value Change Per Share0.230.27
Usd Total Gains Per Share0.470.43
Gains per Quarter (26 shares)12.1111.12
Gains per Year (26 shares)48.4344.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1252438162834
2504786335678
374711344984122
4999518265112166
512411823082140210
614914227898169254
7173166326115197298
8198189374131225342
9223213422147253386
10248237470164281430

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Kennametal

About Kennametal India Limited

Kennametal India Limited, together with its subsidiary, manufactures and trades in hard metal products and machine tools in India, Europe, the United States, China, and internationally. It operates through two segments, Hard Metal Products and Machining Solutions Group. The company offers metalworking and metal cutting tools for milling, drilling, turning, and tooling system applications; products for surface and underground mining, such as drums, blocks, picks, and wear solutions; and drums and block systems, cutting teeth products, blades, wear protection products, track pads and tire-and-wheel assemblies, road rehabilitation products, foundation drilling cutting tools, and trenching products for construction applications. It also provides engineered components, such as cemented tungsten carbide products, cladding components, Stellite components, and Densalloy tungsten heavy alloys; and powdered materials and equipment, including tungsten, tungsten carbide, ready-to-press carbide grade, and thermal spray powders, as well as specialty alloys and services. In addition, the company offers tungsten and tungsten carbide wear components; and ceramics products. It serves manufactures, metalworking suppliers, machinery operators, and processors in the aerospace, earthworks, energy, transportation, general engineering, machine tool, and other industries under the Kennametal and Widia brand names. The company was founded in 1938 and is based in Bengaluru, India. Kennametal India Limited operates as a subsidiary of Meturit AG.

Fundamental data was last updated by Penke on 2024-07-15 02:12:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very 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 expensive.
Based on how much money comes from the company's main activities, the company is overpriced.
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1.1. Profitability of Kennametal India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare¬†Kennametal to the¬†Other industry mean.
  • A Net Profit Margin of 8.1%¬†means that¬†₹0.08 for each ₹1¬†in revenue is generated as profit.

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

  • The MRQ is 8.1%. The company is making a profit. +1
  • The TTM is 8.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.1%TTM8.1%0.0%
TTM8.1%YOY11.5%-3.4%
TTM8.1%5Y8.5%-0.4%
5Y8.5%10Y6.5%+2.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ8.1%5.6%+2.5%
TTM8.1%5.2%+2.9%
YOY11.5%5.8%+5.7%
5Y8.5%6.0%+2.5%
10Y6.5%6.1%+0.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy¬†but always compare¬†Kennametal to the¬†Other industry mean.
  • 10.3% Return on Assets means that¬†Kennametal generated¬†₹0.10 profit for each $1 in assets.

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

  • The MRQ is 10.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.3%TTM10.3%0.0%
TTM10.3%YOY13.8%-3.4%
TTM10.3%5Y10.0%+0.3%
5Y10.0%10Y7.8%+2.2%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ10.3%1.1%+9.2%
TTM10.3%1.0%+9.3%
YOY13.8%1.4%+12.4%
5Y10.0%1.2%+8.8%
10Y7.8%1.4%+6.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare¬†Kennametal to the¬†Other industry mean.
  • 12.7% Return on Equity means Kennametal generated ₹0.13¬†for each¬†₹1 the owners (shareholders) invested.

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

  • The MRQ is 12.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.7%TTM12.7%0.0%
TTM12.7%YOY17.7%-4.9%
TTM12.7%5Y13.3%-0.5%
5Y13.3%10Y10.4%+2.8%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ12.7%3.5%+9.2%
TTM12.7%3.3%+9.4%
YOY17.7%4.6%+13.1%
5Y13.3%3.7%+9.6%
10Y10.4%3.7%+6.7%
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1.2. Operating Efficiency of Kennametal India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kennametal is operating .

  • Measures how much profit Kennametal 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¬†Kennametal 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 Kennametal India Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.5%-5.5%
5Y5.5%10Y6.0%-0.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y5.5%5.2%+0.3%
10Y6.0%6.8%-0.8%
1.2.2. Operating Ratio

Measures how efficient Kennametal is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 0.61 means that the operating costs are ₹0.61 for each ₹1 in net sales.

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

  • The MRQ is 0.610. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.610. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.610TTM0.6100.000
TTM0.610YOY0.567+0.043
TTM0.6105Y0.952-0.342
5Y0.95210Y1.239-0.287
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6101.231-0.621
TTM0.6101.253-0.643
YOY0.5671.242-0.675
5Y0.9521.264-0.312
10Y1.2391.363-0.124
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1.3. Liquidity of Kennametal India Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 3.17¬†means the company has ₹3.17 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 3.166. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.166. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.166TTM3.1660.000
TTM3.166YOY2.721+0.445
TTM3.1665Y2.558+0.608
5Y2.55810Y2.609-0.051
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ3.1661.422+1.744
TTM3.1661.508+1.658
YOY2.7211.553+1.168
5Y2.5581.542+1.016
10Y2.6091.499+1.110
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Kennametal to the¬†Other industry mean.
  • A Quick Ratio of 1.54¬†means the company can pay off ₹1.54 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 1.537. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.537. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.537TTM1.5370.000
TTM1.537YOY1.146+0.391
TTM1.5375Y1.185+0.352
5Y1.18510Y1.363-0.178
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5370.564+0.973
TTM1.5370.576+0.961
YOY1.1460.578+0.568
5Y1.1850.604+0.581
10Y1.3630.603+0.760
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1.4. Solvency of Kennametal India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare¬†Kennametal to Other industry mean.
  • A Debt to Asset Ratio of 0.19¬†means that Kennametal assets are¬†financed with 19.1% credit (debt) and the remaining percentage (100% - 19.1%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.191. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.191. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.191TTM0.1910.000
TTM0.191YOY0.221-0.030
TTM0.1915Y0.237-0.046
5Y0.23710Y0.249-0.012
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1910.527-0.336
TTM0.1910.525-0.334
YOY0.2210.549-0.328
5Y0.2370.556-0.319
10Y0.2490.565-0.316
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but¬†always compare¬†Kennametal to the¬†Other industry mean.
  • A Debt to Equity ratio of 23.6% means that company has ₹0.24 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.236. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.236. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.236TTM0.2360.000
TTM0.236YOY0.284-0.048
TTM0.2365Y0.315-0.079
5Y0.31510Y0.335-0.020
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2361.113-0.877
TTM0.2361.095-0.859
YOY0.2841.190-0.906
5Y0.3151.300-0.985
10Y0.3351.451-1.116
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2. Market Valuation of Kennametal India Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Kennametal generates.

  • Above 15 is considered overpriced but¬†always compare¬†Kennametal to the¬†Other industry mean.
  • A PE ratio of 66.34 means the investor is paying ₹66.34¬†for every ₹1 in earnings.

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

  • The EOD is 78.578. Based on the earnings, the company is expensive. -2
  • The MRQ is 66.338. Based on the earnings, the company is expensive. -2
  • The TTM is 66.338. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD78.578MRQ66.338+12.240
MRQ66.338TTM66.3380.000
TTM66.338YOY36.177+30.161
TTM66.3385Y42.947+23.391
5Y42.94710Y52.346-9.399
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD78.57813.251+65.327
MRQ66.33811.870+54.468
TTM66.33811.033+55.305
YOY36.17711.330+24.847
5Y42.94711.874+31.073
10Y52.34612.710+39.636
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 101.342. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 85.557. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 85.557. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD101.342MRQ85.557+15.786
MRQ85.557TTM85.5570.000
TTM85.557YOY-259.613+345.170
TTM85.5575Y-56.511+142.068
5Y-56.51110Y92.188-148.699
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD101.3425.379+95.963
MRQ85.5575.065+80.492
TTM85.5574.265+81.292
YOY-259.6131.958-261.571
5Y-56.5112.492-59.003
10Y92.1883.557+88.631
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kennametal 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 8.45 means the investor is paying ₹8.45¬†for each ₹1 in book value.

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

  • The EOD is 10.012. Based on the equity, the company is expensive. -2
  • The MRQ is 8.453. Based on the equity, the company is overpriced. -1
  • The TTM is 8.453. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD10.012MRQ8.453+1.560
MRQ8.453TTM8.4530.000
TTM8.453YOY6.387+2.066
TTM8.4535Y5.415+3.037
5Y5.41510Y4.806+0.609
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD10.0121.641+8.371
MRQ8.4531.376+7.077
TTM8.4531.357+7.096
YOY6.3871.375+5.012
5Y5.4151.567+3.848
10Y4.8061.653+3.153
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--19.11019.1100%27.573-31%22.704-16%31.317-39%
Book Value Per Share--313.173313.1730%294.064+6%272.906+15%223.022+40%
Current Ratio--3.1663.1660%2.721+16%2.558+24%2.609+21%
Debt To Asset Ratio--0.1910.1910%0.221-14%0.237-19%0.249-23%
Debt To Equity Ratio--0.2360.2360%0.284-17%0.315-25%0.335-29%
Dividend Per Share--20.02020.0200%23.978-17%13.222+51%7.456+169%
Eps--39.90339.9030%51.915-23%36.345+10%24.905+60%
Free Cash Flow Per Share--30.94030.9400%-7.234+123%11.502+169%8.016+286%
Free Cash Flow To Equity Per Share--10.60110.6010%-31.167+394%-2.102+120%0.258+4017%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--875.826--------
Intrinsic Value_10Y_min--303.961--------
Intrinsic Value_1Y_max--41.833--------
Intrinsic Value_1Y_min--16.449--------
Intrinsic Value_3Y_max--160.696--------
Intrinsic Value_3Y_min--61.849--------
Intrinsic Value_5Y_max--321.762--------
Intrinsic Value_5Y_min--120.521--------
Market Cap68912646100.000+16%58178599104.00058178599104.0000%41278431456.000+41%33455716492.800+74%24631004654.400+136%
Net Profit Margin--0.0810.0810%0.115-29%0.085-4%0.065+25%
Operating Margin----0%-0%0.055-100%0.060-100%
Operating Ratio--0.6100.6100%0.567+8%0.952-36%1.239-51%
Pb Ratio10.012+16%8.4538.4530%6.387+32%5.415+56%4.806+76%
Pe Ratio78.578+16%66.33866.3380%36.177+83%42.947+54%52.346+27%
Price Per Share3135.500+16%2647.1002647.1000%1878.150+41%1522.220+74%1120.700+136%
Price To Free Cash Flow Ratio101.342+16%85.55785.5570%-259.613+403%-56.511+166%92.188-7%
Price To Total Gains Ratio80.131+16%67.65067.6500%36.433+86%43.621+55%45.112+50%
Quick Ratio--1.5371.5370%1.146+34%1.185+30%1.363+13%
Return On Assets--0.1030.1030%0.138-25%0.100+3%0.078+32%
Return On Equity--0.1270.1270%0.177-28%0.133-4%0.104+22%
Total Gains Per Share--39.13039.1300%51.551-24%35.926+9%38.773+1%
Usd Book Value--81907700.00081907700.0000%76909700.000+6%71376200.000+15%58329516.000+40%
Usd Book Value Change Per Share--0.2270.2270%0.328-31%0.270-16%0.373-39%
Usd Book Value Per Share--3.7273.7270%3.499+6%3.248+15%2.654+40%
Usd Dividend Per Share--0.2380.2380%0.285-17%0.157+51%0.089+169%
Usd Eps--0.4750.4750%0.618-23%0.433+10%0.296+60%
Usd Free Cash Flow--8092000.0008092000.0000%-1892100.000+123%3008320.000+169%2096542.000+286%
Usd Free Cash Flow Per Share--0.3680.3680%-0.086+123%0.137+169%0.095+286%
Usd Free Cash Flow To Equity Per Share--0.1260.1260%-0.371+394%-0.025+120%0.003+4017%
Usd Market Cap820060488.590+16%692325329.338692325329.3380%491213334.326+41%398123026.264+74%293108955.387+136%
Usd Price Per Share37.312+16%31.50031.5000%22.350+41%18.114+74%13.336+136%
Usd Profit--10436300.00010436300.0000%13577900.000-23%9505720.000+10%6513584.000+60%
Usd Revenue--128174900.000128174900.0000%117893300.000+9%108806460.000+18%92182874.000+39%
Usd Total Gains Per Share--0.4660.4660%0.613-24%0.428+9%0.461+1%
 EOD+4 -4MRQTTM+0 -0YOY+17 -175Y+26 -910Y+29 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1578.578
Price to Book Ratio (EOD)Between0-110.012
Net Profit Margin (MRQ)Greater than00.081
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.537
Current Ratio (MRQ)Greater than13.166
Debt to Asset Ratio (MRQ)Less than10.191
Debt to Equity Ratio (MRQ)Less than10.236
Return on Equity (MRQ)Greater than0.150.127
Return on Assets (MRQ)Greater than0.050.103
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.713
Ma 20Greater thanMa 503,358.065
Ma 50Greater thanMa 1003,328.177
Ma 100Greater thanMa 2002,858.250
OpenGreater thanClose3,215.050
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-06-30. Currency in INR. All numbers in thousands.

Summary
Total Assets8,510,000
Total Liabilities1,627,000
Total Stockholder Equity6,883,000
 As reported
Total Liabilities 1,627,000
Total Stockholder Equity+ 6,883,000
Total Assets = 8,510,000

Assets

Total Assets8,510,000
Total Current Assets4,847,000
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 892,000
Short-term Investments 41,000
Net Receivables 1,420,000
Inventory 2,456,000
Other Current Assets 3,000
Total Current Assets  (as reported)4,847,000
Total Current Assets  (calculated)4,812,000
+/- 35,000
Long-term Assets
Property Plant Equipment 3,084,000
Intangible Assets 3,000
Long-term Assets  (as reported)0
Long-term Assets  (calculated)3,087,000
+/- 3,087,000

Liabilities & Shareholders' Equity

Total Current Liabilities1,531,000
Long-term Liabilities0
Total Stockholder Equity6,883,000
Total Current Liabilities
Total Current Liabilities  (as reported)1,531,000
Total Current Liabilities  (calculated)0
+/- 1,531,000
Long-term Liabilities
Long term Debt Total 18,000
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)18,000
+/- 18,000
Total Stockholder Equity
Common Stock220,000
Retained Earnings 6,662,000
Capital Surplus 1,000
Total Stockholder Equity (as reported)6,883,000
Total Stockholder Equity (calculated)6,883,000
+/-0
Other
Cash And Equivalents892,000
Cash and Short Term Investments 892,000
Common Stock Shares Outstanding 21,978
Liabilities and Stockholders Equity 8,510,000
Net Working Capital 3,316,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-06-302022-06-302021-06-302020-06-302019-06-302018-06-302017-06-302016-06-302015-06-302014-06-30
> Total Assets 
4,295,900
4,783,500
5,048,700
5,374,300
6,377,000
7,663,000
7,018,000
7,773,000
8,298,000
8,510,000
8,510,0008,298,0007,773,0007,018,0007,663,0006,377,0005,374,3005,048,7004,783,5004,295,900
   > Total Current Assets 
2,719,700
3,231,300
3,236,700
3,340,400
4,131,000
4,562,000
3,573,000
4,542,000
4,786,000
4,847,000
4,847,0004,786,0004,542,0003,573,0004,562,0004,131,0003,340,4003,236,7003,231,3002,719,700
       Cash And Cash Equivalents 
566,000
840,200
660,400
934,500
944,800
637,000
174,000
1,140,000
641,000
892,000
892,000641,0001,140,000174,000637,000944,800934,500660,400840,200566,000
       Short-term Investments 
0
0
0
500,100
0
0
0
0
2,000
41,000
41,0002,0000000500,100000
       Net Receivables 
1,082,300
1,108,800
1,193,900
1,101,600
1,427,000
1,658,000
929,000
1,131,000
1,368,000
1,420,000
1,420,0001,368,0001,131,000929,0001,658,0001,427,0001,101,6001,193,9001,108,8001,082,300
       Inventory 
956,300
949,600
1,143,900
1,087,500
1,582,000
2,109,000
2,076,000
2,063,000
2,693,000
2,456,000
2,456,0002,693,0002,063,0002,076,0002,109,0001,582,0001,087,5001,143,900949,600956,300
       Other Current Assets 
102,200
300
17,400
14,000
3,000
2,000
1,000
1,000
73,000
3,000
3,00073,0001,0001,0002,0003,00014,00017,400300102,200
   > Long-term Assets 
0
0
0
2,033,600
2,231,200
3,101,000
3,445,000
0
0
0
0003,445,0003,101,0002,231,2002,033,600000
       Property Plant Equipment 
1,190,900
1,071,900
1,231,100
1,491,500
1,750,000
2,508,000
2,783,000
2,763,000
2,914,000
3,084,000
3,084,0002,914,0002,763,0002,783,0002,508,0001,750,0001,491,5001,231,1001,071,9001,190,900
       Long Term Investments 
0
0
5,000
5,000
0
0
0
0
0
0
0000005,0005,00000
       Intangible Assets 
3,300
500
0
0
1,000
1,000
7,000
5,000
4,000
3,000
3,0004,0005,0007,0001,0001,000005003,300
       Long-term Assets Other 
0
0
0
400
0
0
0
0
0
0
000000400000
> Total Liabilities 
961,900
1,167,200
1,299,700
1,435,200
1,989,000
2,433,000
1,461,000
1,916,000
1,835,000
1,627,000
1,627,0001,835,0001,916,0001,461,0002,433,0001,989,0001,435,2001,299,7001,167,200961,900
   > Total Current Liabilities 
873,100
1,052,600
1,258,300
1,386,900
1,936,000
2,358,000
1,400,000
1,879,000
1,759,000
1,531,000
1,531,0001,759,0001,879,0001,400,0002,358,0001,936,0001,386,9001,258,3001,052,600873,100
       Short-term Debt 
0
0
0
0
0
100,000
130,000
0
0
0
000130,000100,00000000
       Short Long Term Debt 
0
0
0
0
0
100,000
130,000
0
0
0
000130,000100,00000000
       Accounts payable 
453,200
615,000
712,900
834,200
1,059,000
1,258,000
568,000
0
0
0
000568,0001,258,0001,059,000834,200712,900615,000453,200
       Other Current Liabilities 
167,400
139,600
149,400
151,300
389,600
633,000
415,000
0
0
0
000415,000633,000389,600151,300149,400139,600167,400
   > Long-term Liabilities 
0
0
0
135,400
52,800
74,000
61,000
0
0
0
00061,00074,00052,800135,400000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
18,000
18,000000000000
       Long-term Liabilities Other 
0
0
0
1,000
0
0
0
0
0
0
0000001,000000
> Total Stockholder Equity
3,334,000
3,616,300
3,749,000
3,939,100
4,388,000
5,230,000
5,557,000
5,857,000
6,463,000
6,883,000
6,883,0006,463,0005,857,0005,557,0005,230,0004,388,0003,939,1003,749,0003,616,3003,334,000
   Common Stock
219,800
219,800
219,800
219,800
220,000
220,000
220,000
220,000
220,000
220,000
220,000220,000220,000220,000220,000220,000219,800219,800219,800219,800
   Retained Earnings 
3,113,300
3,395,600
3,528,300
3,718,400
4,167,000
5,009,000
5,336,000
5,636,000
6,242,000
6,662,000
6,662,0006,242,0005,636,0005,336,0005,009,0004,167,0003,718,4003,528,3003,395,6003,113,300
   Capital Surplus 
0
900
900
900
1,000
1,000
1,000
1,000
1,000
1,000
1,0001,0001,0001,0001,0001,0009009009000
   Treasury Stock0000000000
   Other Stockholders Equity 
0
0
0
3,200
2,700
4,000
2,000
0
0
0
0002,0004,0002,7003,200000



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, 2023-06-30)

Gross Profit (+$)
totalRevenue10,771,000
Cost of Revenue-6,572,000
Gross Profit4,199,0004,199,000
 
Operating Income (+$)
Gross Profit4,199,000
Operating Expense-0
Operating Income1,138,0004,199,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative2,625,000
Selling And Marketing Expenses0
Operating Expense02,625,000
 
Net Interest Income (+$)
Interest Income17,000
Interest Expense-0
Other Finance Cost-17,000
Net Interest Income0
 
Pretax Income (+$)
Operating Income1,138,000
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,176,0001,138,000
EBIT - interestExpense = 0
877,000
877,000
Interest Expense0
Earnings Before Interest and Taxes (EBIT)01,176,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,176,000
Tax Provision-299,000
Net Income From Continuing Ops0877,000
Net Income877,000
Net Income Applicable To Common Shares877,000
 
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 Kennametal
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 Kennametal. The general trend of Kennametal is BULLISH with 57.1% 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 Kennametal'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 (57.1%) Bearish trend (-57.1%)
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 Kennametal India Limited.

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

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

The bullish price targets are: 3,265 < 3,645 < 3,810.

The bearish price targets are: 3,051 > 2,919 > 2,830.

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Kennametal India Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below 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 below 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

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

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kennametal India Limited. The current macd is -54.99356892.

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

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Kennametal India Limited. The current adx is 19.53.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Kennametal shares, leading to potential downward 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 bearish trend could be forming. -1
Kennametal India Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Kennametal India Limited. The current sar is 3,487.

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

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Kennametal India 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 Kennametal India Limited. The current rsi is 39.71. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Kennametal India Limited Daily Relative Strength Index (RSI) ChartKennametal India Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Kennametal India Limited. The current phase is Oversold in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Kennametal price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Kennametal India Limited Daily Stochastic Oscillator ChartKennametal India Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Kennametal India Limited. The current cci is -127.52298569.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Kennametal India Limited Daily Commodity Channel Index (CCI) ChartKennametal India Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kennametal India Limited. The current cmo is -32.58907248.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Kennametal India Limited Daily Chande Momentum Oscillator (CMO) ChartKennametal India Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Kennametal India Limited. The current willr is -85.78885334.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Kennametal India Limited Daily Williams %R ChartKennametal India 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 Kennametal India Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Kennametal India Limited. The current atr is 173.87.

Kennametal India Limited Daily Average True Range (ATR) ChartKennametal India 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 Kennametal India Limited. The current obv is 202,150.

Kennametal India Limited Daily On-Balance Volume (OBV) ChartKennametal India Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Kennametal India Limited. The current mfi is 16.10.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
Kennametal India Limited Daily Money Flow Index (MFI) ChartKennametal India Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kennametal India Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2024-02-23MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
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
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line 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.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-19MACD 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
2024-04-22STOCH 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-24BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-22ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-06-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-07MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-28DMI 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
2024-07-01DMI 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
2024-07-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-03CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-07-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-15BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

Kennametal India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.713
Ma 20Greater thanMa 503,358.065
Ma 50Greater thanMa 1003,328.177
Ma 100Greater thanMa 2002,858.250
OpenGreater thanClose3,215.050
Total4/5 (80.0%)
Penke

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