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Carborundum Universal Limited
Buy, Hold or Sell?

Let's analyze Carborundum Universal Limited together

I guess you are interested in Carborundum Universal 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 Carborundum Universal 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 Carborundum Universal Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.17
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR148.49
Expected worth in 1 year
INR244.46
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR109.96
Return On Investment
6.4%

For what price can you sell your share?

Current Price per Share
INR1,715.70
Expected price per share
INR1,502 - INR1,836
How sure are you?
50%
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1. Valuation of Carborundum Universal Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,715.70

Intrinsic Value Per Share

INR-32.39 - INR83.94

Total Value Per Share

INR116.10 - INR232.43

2. Growth of Carborundum Universal Limited (5 min.)




Is Carborundum Universal Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$335.6m$281.2m$54.3m16.2%

How much money is Carborundum Universal Limited making?

Current yearPrevious yearGrowGrow %
Making money$49.2m$39.6m$9.5m19.5%
Net Profit Margin8.9%10.0%--

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

3. Financial Health of Carborundum Universal Limited (5 min.)




4. Comparing to competitors in the General Building Materials industry (5 min.)




  Industry Rankings (General Building Materials)  

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

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

What can you expect buying and holding a share of Carborundum Universal Limited?

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

Speculation

The Price per Share of Carborundum Universal Limited is INR1,716. 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 Carborundum Universal 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 Carborundum Universal 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 INR148.49. Based on the TTM, the Book Value Change Per Share is INR23.99 per quarter. Based on the YOY, the Book Value Change Per Share is INR12.08 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 INR3.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Carborundum Universal Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.260.0%0.260.0%0.210.0%0.190.0%0.150.0%
Usd Book Value Change Per Share0.290.0%0.290.0%0.140.0%0.160.0%0.180.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.040.0%0.030.0%
Usd Total Gains Per Share0.330.0%0.330.0%0.180.0%0.190.0%0.200.0%
Usd Price Per Share11.78-11.78-9.50-6.96-4.84-
Price to Earnings Ratio45.42-45.42-45.44-34.23-31.35-
Price-to-Total Gains Ratio36.01-36.01-52.92-35.45--50.25-
Price to Book Ratio6.67-6.67-6.41-4.86-4.08-
Price-to-Total Gains Ratio36.01-36.01-52.92-35.45--50.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.41683
Number of shares48
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share0.290.16
Usd Total Gains Per Share0.330.19
Gains per Quarter (48 shares)15.709.21
Gains per Year (48 shares)62.8136.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
18555373027
216110116136064
3241641792090101
43221924227120138
54027430534151175
64832936840181212
75638443147211249
86443949454241286
97249355761271323
108054862067301360

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%9.01.00.090.0%9.01.00.090.0%
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%9.01.00.090.0%9.01.00.090.0%
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Fundamentals of Carborundum Universal Limited

About Carborundum Universal Limited

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electro minerals in India and internationally. It operates through three segments: Surface Engineering, Technical Ceramics, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including silicon carbide, brown aluminum oxide, and white aluminum oxide, as well as mullite, bubble alumina, and others. The company also provides industrial ceramics, anti-corrosion products, and bio ceramics, which harness the heat resistance/containment, wear resistance, and insulation properties of ceramics, as well as corrosion resistance properties of various materials. In addition, it manufactures super refractories and refractory fiber; generates power from gas; and provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services. The company was founded in 1954 and is based in Chennai, India.

Fundamental data was last updated by Penke on 2024-07-15 02:33:05.

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 very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is 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 expensive.
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1.1. Profitability of Carborundum Universal Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • A Net Profit Margin of 8.9%¬†means that¬†₹0.09 for each ₹1¬†in revenue is generated as profit.

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

  • The MRQ is 8.9%. The company is making a profit. +1
  • The TTM is 8.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.9%TTM8.9%0.0%
TTM8.9%YOY10.0%-1.1%
TTM8.9%5Y9.9%-1.0%
5Y9.9%10Y8.4%+1.5%
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9%5.7%+3.2%
TTM8.9%5.7%+3.2%
YOY10.0%6.3%+3.7%
5Y9.9%7.9%+2.0%
10Y8.4%6.1%+2.3%
1.1.2. Return on Assets

Shows how efficient Carborundum Universal Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • 10.5% Return on Assets means that¬†Carborundum Universal Limited generated¬†₹0.11 profit for each $1 in assets.

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

  • The MRQ is 10.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.5%TTM10.5%0.0%
TTM10.5%YOY10.0%+0.5%
TTM10.5%5Y10.8%-0.3%
5Y10.8%10Y9.3%+1.5%
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%3.0%+7.5%
TTM10.5%3.0%+7.5%
YOY10.0%4.7%+5.3%
5Y10.8%5.4%+5.4%
10Y9.3%4.4%+4.9%
1.1.3. Return on Equity

Shows how efficient Carborundum Universal Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • 14.7% Return on Equity means Carborundum Universal Limited generated ₹0.15¬†for each¬†₹1 the owners (shareholders) invested.

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

  • The MRQ is 14.7%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.7%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.7%TTM14.7%0.0%
TTM14.7%YOY14.1%+0.6%
TTM14.7%5Y14.2%+0.4%
5Y14.2%10Y13.0%+1.2%
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7%6.8%+7.9%
TTM14.7%6.8%+7.9%
YOY14.1%8.1%+6.0%
5Y14.2%11.4%+2.8%
10Y13.0%8.0%+5.0%
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1.2. Operating Efficiency of Carborundum Universal Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Carborundum Universal Limited is operating .

  • Measures how much profit Carborundum Universal 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¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

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

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.1%-7.1%
5Y7.1%10Y9.2%-2.1%
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ--7.4%+7.4%
TTM--7.4%+7.4%
YOY--3.0%+3.0%
5Y7.1%6.0%+1.1%
10Y9.2%7.2%+2.0%
1.2.2. Operating Ratio

Measures how efficient Carborundum Universal Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†General Building Materials industry mean).
  • An Operation Ratio of 0.40 means that the operating costs are ₹0.40 for each ₹1 in net sales.

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

  • The MRQ is 0.401. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.401. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.401TTM0.4010.000
TTM0.401YOY0.388+0.013
TTM0.4015Y0.735-0.334
5Y0.73510Y1.024-0.288
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4010.572-0.171
TTM0.4010.572-0.171
YOY0.3880.539-0.151
5Y0.7350.850-0.115
10Y1.0241.091-0.067
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1.3. Liquidity of Carborundum Universal Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Carborundum Universal Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†General Building Materials industry mean).
  • A Current Ratio of 2.74¬†means the company has ₹2.74 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 2.745. The company is able to pay all its short-term debts. +1
  • The TTM is 2.745. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.745TTM2.7450.000
TTM2.745YOY2.132+0.612
TTM2.7455Y3.109-0.364
5Y3.10910Y2.591+0.518
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7451.253+1.492
TTM2.7451.253+1.492
YOY2.1321.315+0.817
5Y3.1091.285+1.824
10Y2.5911.209+1.382
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • A Quick Ratio of 1.40¬†means the company can pay off ₹1.40 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 1.396. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.396. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.396TTM1.3960.000
TTM1.396YOY1.083+0.313
TTM1.3965Y1.860-0.464
5Y1.86010Y1.469+0.392
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3960.727+0.669
TTM1.3960.727+0.669
YOY1.0830.827+0.256
5Y1.8600.744+1.116
10Y1.4690.654+0.815
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1.4. Solvency of Carborundum Universal Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Carborundum Universal Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Carborundum Universal Limited to General Building Materials industry mean.
  • A Debt to Asset Ratio of 0.28¬†means that Carborundum Universal Limited assets are¬†financed with 28.1% credit (debt) and the remaining percentage (100% - 28.1%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.281. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.281. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.281TTM0.2810.000
TTM0.281YOY0.289-0.007
TTM0.2815Y0.239+0.043
5Y0.23910Y0.287-0.049
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2810.460-0.179
TTM0.2810.460-0.179
YOY0.2890.438-0.149
5Y0.2390.429-0.190
10Y0.2870.502-0.215
1.4.2. Debt to Equity Ratio

Measures if Carborundum Universal Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • A Debt to Equity ratio of 39.1% means that company has ₹0.39 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.391. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.391. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.391TTM0.3910.000
TTM0.391YOY0.406-0.014
TTM0.3915Y0.317+0.074
5Y0.31710Y0.425-0.108
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3910.680-0.289
TTM0.3910.680-0.289
YOY0.4060.554-0.148
5Y0.3170.568-0.251
10Y0.4251.059-0.634
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2. Market Valuation of Carborundum Universal 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 Carborundum Universal Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Carborundum Universal Limited to the¬†General Building Materials industry mean.
  • A PE ratio of 45.42 means the investor is paying ₹45.42¬†for every ₹1 in earnings.

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

  • The EOD is 78.719. Based on the earnings, the company is expensive. -2
  • The MRQ is 45.416. Based on the earnings, the company is overpriced. -1
  • The TTM is 45.416. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD78.719MRQ45.416+33.303
MRQ45.416TTM45.4160.000
TTM45.416YOY45.443-0.027
TTM45.4165Y34.230+11.186
5Y34.23010Y31.346+2.884
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD78.71923.174+55.545
MRQ45.41611.163+34.253
TTM45.41611.163+34.253
YOY45.4437.449+37.994
5Y34.23016.675+17.555
10Y31.34624.788+6.558
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 253.753. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 146.399. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 146.399. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD253.753MRQ146.399+107.353
MRQ146.399TTM146.3990.000
TTM146.399YOY517.461-371.062
TTM146.3995Y155.945-9.546
5Y155.94510Y104.295+51.649
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD253.753-0.792+254.545
MRQ146.399-0.773+147.172
TTM146.399-0.773+147.172
YOY517.46113.343+504.118
5Y155.9454.446+151.499
10Y104.2952.657+101.638
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2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to General Building Materials industry mean).
  • A PB ratio of 6.67 means the investor is paying ₹6.67¬†for each ₹1 in book value.

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

  • The EOD is 11.554. Based on the equity, the company is expensive. -2
  • The MRQ is 6.666. Based on the equity, the company is overpriced. -1
  • The TTM is 6.666. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.554MRQ6.666+4.888
MRQ6.666TTM6.6660.000
TTM6.666YOY6.409+0.257
TTM6.6665Y4.861+1.805
5Y4.86110Y4.076+0.785
Compared to industry (General Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD11.5541.358+10.196
MRQ6.6660.827+5.839
TTM6.6660.827+5.839
YOY6.4090.903+5.506
5Y4.8610.821+4.040
10Y4.0761.079+2.997
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Carborundum Universal 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--23.99223.9920%12.078+99%13.184+82%14.849+62%
Book Value Per Share--148.495148.4950%124.503+19%114.904+29%91.561+62%
Current Ratio--2.7452.7450%2.132+29%3.109-12%2.591+6%
Debt To Asset Ratio--0.2810.2810%0.289-3%0.239+18%0.287-2%
Debt To Equity Ratio--0.3910.3910%0.406-4%0.317+23%0.425-8%
Dividend Per Share--3.4993.4990%2.998+17%2.948+19%2.250+56%
Eps--21.79521.7950%17.558+24%16.361+33%12.185+79%
Free Cash Flow Per Share--6.7616.7610%1.542+338%9.340-28%8.081-16%
Free Cash Flow To Equity Per Share---0.263-0.2630%6.252-104%5.606-105%3.181-108%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--83.938--------
Intrinsic Value_10Y_min---32.394--------
Intrinsic Value_1Y_max--9.160--------
Intrinsic Value_1Y_min--5.838--------
Intrinsic Value_3Y_max--26.952--------
Intrinsic Value_3Y_min--9.777--------
Intrinsic Value_5Y_max--44.056--------
Intrinsic Value_5Y_min--5.177--------
Market Cap325035933600.000+42%188016038704.500188016038704.5000%151486660930.000+24%110915992364.100+70%77217046222.050+143%
Net Profit Margin--0.0890.0890%0.100-11%0.099-10%0.084+6%
Operating Margin----0%-0%0.071-100%0.092-100%
Operating Ratio--0.4010.4010%0.388+3%0.735-45%1.024-61%
Pb Ratio11.554+42%6.6666.6660%6.409+4%4.861+37%4.076+64%
Pe Ratio78.719+42%45.41645.4160%45.4430%34.230+33%31.346+45%
Price Per Share1715.700+42%989.850989.8500%797.900+24%584.530+69%407.120+143%
Price To Free Cash Flow Ratio253.753+42%146.399146.3990%517.461-72%155.945-6%104.295+40%
Price To Total Gains Ratio62.410+42%36.00736.0070%52.923-32%35.448+2%-50.253+240%
Quick Ratio--1.3961.3960%1.083+29%1.860-25%1.469-5%
Return On Assets--0.1050.1050%0.100+5%0.108-3%0.093+13%
Return On Equity--0.1470.1470%0.141+4%0.142+3%0.130+13%
Total Gains Per Share--27.49127.4910%15.077+82%16.132+70%17.099+61%
Usd Book Value--335647354.000335647354.0000%281288868.000+19%259378635.600+29%206584928.200+62%
Usd Book Value Change Per Share--0.2860.2860%0.144+99%0.157+82%0.177+62%
Usd Book Value Per Share--1.7671.7670%1.482+19%1.367+29%1.090+62%
Usd Dividend Per Share--0.0420.0420%0.036+17%0.035+19%0.027+56%
Usd Eps--0.2590.2590%0.209+24%0.195+33%0.145+79%
Usd Free Cash Flow--15282813.00015282813.0000%3483725.000+339%21071948.800-27%18225159.400-16%
Usd Free Cash Flow Per Share--0.0800.0800%0.018+338%0.111-28%0.096-16%
Usd Free Cash Flow To Equity Per Share---0.003-0.0030%0.074-104%0.067-105%0.038-108%
Usd Market Cap3867927609.840+42%2237390860.5842237390860.5840%1802691265.067+24%1319900309.133+70%918882850.042+143%
Usd Price Per Share20.417+42%11.77911.7790%9.495+24%6.956+69%4.845+143%
Usd Profit--49264334.00049264334.0000%39669245.000+24%36931531.000+33%27493914.700+79%
Usd Revenue--553859439.000553859439.0000%395646202.000+40%378387156.000+46%318364293.800+74%
Usd Total Gains Per Share--0.3270.3270%0.179+82%0.192+70%0.203+61%
 EOD+4 -4MRQTTM+0 -0YOY+27 -75Y+20 -1510Y+24 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1578.719
Price to Book Ratio (EOD)Between0-111.554
Net Profit Margin (MRQ)Greater than00.089
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.396
Current Ratio (MRQ)Greater than12.745
Debt to Asset Ratio (MRQ)Less than10.281
Debt to Equity Ratio (MRQ)Less than10.391
Return on Equity (MRQ)Greater than0.150.147
Return on Assets (MRQ)Greater than0.050.105
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.952
Ma 20Greater thanMa 501,697.765
Ma 50Greater thanMa 1001,669.619
Ma 100Greater thanMa 2001,456.005
OpenGreater thanClose1,672.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets39,244,300
Total Liabilities11,038,640
Total Stockholder Equity28,205,660
 As reported
Total Liabilities 11,038,640
Total Stockholder Equity+ 28,205,660
Total Assets = 39,244,300

Assets

Total Assets39,244,300
Total Current Assets20,259,380
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 3,963,710
Short-term Investments 19,920
Net Receivables 6,302,120
Inventory 8,989,250
Other Current Assets 23,060
Total Current Assets  (as reported)20,259,380
Total Current Assets  (calculated)19,298,060
+/- 961,320
Long-term Assets
Property Plant Equipment 11,324,150
Goodwill 2,443,830
Intangible Assets 2,374,110
Long-term Assets  (as reported)0
Long-term Assets  (calculated)16,142,090
+/- 16,142,090

Liabilities & Shareholders' Equity

Total Current Liabilities7,380,880
Long-term Liabilities0
Total Stockholder Equity28,205,660
Total Current Liabilities
Short-term Debt 1,854,590
Total Current Liabilities  (as reported)7,380,880
Total Current Liabilities  (calculated)1,854,590
+/- 5,526,290
Long-term Liabilities
Long term Debt Total 815,320
Long term Debt 428,570
Capital Lease Obligations Min Short Term Debt-1,854,590
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)-610,700
+/- 610,700
Total Stockholder Equity
Common Stock189,940
Retained Earnings 26,990,030
Capital Surplus 410,330
Other Stockholders Equity 615,360
Total Stockholder Equity (as reported)28,205,660
Total Stockholder Equity (calculated)28,205,660
+/-0
Other
Cash and Short Term Investments 3,983,630
Common Stock Shares Outstanding 189,944
Liabilities and Stockholders Equity 39,244,300
Net Working Capital 12,878,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
19,947,330
18,250,330
18,676,340
19,222,220
20,985,210
22,320,320
22,916,740
26,885,010
33,228,280
39,244,300
39,244,30033,228,28026,885,01022,916,74022,320,32020,985,21019,222,22018,676,34018,250,33019,947,330
   > Total Current Assets 
10,163,130
9,464,630
9,364,090
9,709,600
11,552,200
12,998,140
13,401,390
17,093,700
16,478,460
20,259,380
20,259,38016,478,46017,093,70013,401,39012,998,14011,552,2009,709,6009,364,0909,464,63010,163,130
       Cash And Cash Equivalents 
754,090
991,650
1,132,450
1,260,600
1,276,340
959,370
2,920,550
4,783,270
3,475,040
3,963,710
3,963,7103,475,0404,783,2702,920,550959,3701,276,3401,260,6001,132,450991,650754,090
       Short-term Investments 
293,670
358,150
8,190
30
570,490
961,250
675,140
2,088,220
24,270
19,920
19,92024,2702,088,220675,140961,250570,490308,190358,150293,670
       Net Receivables 
4,276,580
3,769,730
3,674,820
3,805,830
4,750,600
5,139,220
4,015,560
4,776,160
4,847,710
6,302,120
6,302,1204,847,7104,776,1604,015,5605,139,2204,750,6003,805,8303,674,8203,769,7304,276,580
       Inventory 
4,340,020
3,883,310
3,704,280
3,866,970
4,380,240
5,328,550
5,076,240
4,605,190
6,909,040
8,989,250
8,989,2506,909,0404,605,1905,076,2405,328,5504,380,2403,866,9703,704,2803,883,3104,340,020
       Other Current Assets 
399,520
376,820
547,730
440,590
31,500
19,970
1,650,120
18,200
68,440
23,060
23,06068,44018,2001,650,12019,97031,500440,590547,730376,820399,520
   > Long-term Assets 
0
0
0
9,512,620
9,433,010
9,322,180
9,515,350
0
0
0
0009,515,3509,322,1809,433,0109,512,620000
       Property Plant Equipment 
8,119,890
7,090,900
6,112,720
6,543,370
6,446,520
6,151,220
6,508,400
6,660,000
7,778,530
11,324,150
11,324,1507,778,5306,660,0006,508,4006,151,2206,446,5206,543,3706,112,7207,090,9008,119,890
       Goodwill 
1,104,690
1,156,020
1,214,510
1,147,950
1,151,410
1,222,820
1,330,370
1,297,690
1,581,250
2,443,830
2,443,8301,581,2501,297,6901,330,3701,222,8201,151,4101,147,9501,214,5101,156,0201,104,690
       Long Term Investments 
81,070
78,010
1,292,670
1,194,930
0
0
0
0
0
0
0000001,194,9301,292,67078,01081,070
       Intangible Assets 
139,960
113,440
109,500
82,720
61,320
40,040
31,420
93,860
1,278,550
2,374,110
2,374,1101,278,55093,86031,42040,04061,32082,720109,500113,440139,960
       Long-term Assets Other 
0
0
0
342,810
0
0
0
0
0
0
000000342,810000
> Total Liabilities 
8,188,260
6,785,200
6,753,740
5,394,360
5,341,710
5,079,300
4,333,190
5,570,340
9,590,560
11,038,640
11,038,6409,590,5605,570,3404,333,1905,079,3005,341,7105,394,3606,753,7406,785,2008,188,260
   > Total Current Liabilities 
5,672,200
5,674,710
5,220,890
4,131,450
4,185,810
4,053,980
3,531,940
4,660,810
7,727,350
7,380,880
7,380,8807,727,3504,660,8103,531,9404,053,9804,185,8104,131,4505,220,8905,674,7105,672,200
       Short-term Debt 
4,562,690
3,401,650
2,270,480
1,424,470
1,181,590
867,800
552,960
355,420
2,044,190
1,854,590
1,854,5902,044,190355,420552,960867,8001,181,5901,424,4702,270,4803,401,6504,562,690
       Short Long Term Debt 
4,562,690
3,401,650
3,198,610
1,559,470
1,219,760
909,790
574,090
0
0
0
000574,090909,7901,219,7601,559,4703,198,6103,401,6504,562,690
       Accounts payable 
2,005,900
1,708,290
1,340,800
1,650,230
1,975,670
2,086,760
1,953,990
0
0
0
0001,953,9902,086,7601,975,6701,650,2301,340,8001,708,2902,005,900
       Other Current Liabilities 
722,760
824,820
753,740
655,290
693,390
761,520
663,370
0
0
0
000663,370761,520693,390655,290753,740824,820722,760
   > Long-term Liabilities 
0
0
0
606,280
541,160
502,220
345,840
0
0
0
000345,840502,220541,160606,280000
       Long term Debt Total 
0
0
362,420
66,810
66,320
50,750
100,560
220,770
309,820
815,320
815,320309,820220,770100,56050,75066,32066,810362,42000
       Capital Lease Obligations 
0
0
0
26,180
19,220
9,900
87,010
0
0
0
00087,0109,90019,22026,180000
> Total Stockholder Equity
11,059,810
10,887,100
11,922,600
13,827,860
15,643,500
17,241,020
18,583,550
21,314,670
23,637,720
28,205,660
28,205,66023,637,72021,314,67018,583,55017,241,02015,643,50013,827,86011,922,60010,887,10011,059,810
   Common Stock
187,760
188,180
188,380
188,660
188,960
189,150
189,410
189,590
189,860
189,940
189,940189,860189,590189,410189,150188,960188,660188,380188,180187,760
   Retained Earnings 
10,297,900
11,344,530
11,639,410
13,092,650
14,863,240
16,795,930
18,535,720
21,136,560
23,493,020
26,990,030
26,990,03023,493,02021,136,56018,535,72016,795,93014,863,24013,092,65011,639,41011,344,53010,297,900
   Capital Surplus 
0
0
166,610
194,150
226,190
254,110
288,560
320,240
382,360
410,330
410,330382,360320,240288,560254,110226,190194,150166,61000
   Treasury Stock0000000000
   Other Stockholders Equity 
500,360
-766,370
-71,800
352,400
365,110
1,830
-430,140
-331,720
-427,520
615,360
615,360-427,520-331,720-430,1401,830365,110352,400-71,800-766,370500,360



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 (+$)
totalRevenue46,542,810
Cost of Revenue-18,667,810
Gross Profit27,875,00027,875,000
 
Operating Income (+$)
Gross Profit27,875,000
Operating Expense-0
Operating Income5,127,47027,875,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative14,759,250
Selling And Marketing Expenses0
Operating Expense014,759,250
 
Net Interest Income (+$)
Interest Income618,750
Interest Expense-0
Other Finance Cost-618,750
Net Interest Income0
 
Pretax Income (+$)
Operating Income5,127,470
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,799,0905,127,470
EBIT - interestExpense = 0
4,139,860
4,139,860
Interest Expense0
Earnings Before Interest and Taxes (EBIT)05,799,090
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax5,799,090
Tax Provision-1,382,110
Net Income From Continuing Ops04,416,980
Net Income4,139,860
Net Income Applicable To Common Shares4,139,860
 
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 Carborundum Universal 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 Carborundum Universal Limited. The general trend of Carborundum Universal 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 Carborundum Universal 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 Carborundum Universal Limited.

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

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

The bullish price targets are: 1,769 < 1,790 < 1,836.

The bearish price targets are: 1,650 > 1,550 > 1,502.

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Carborundum Universal 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 Carborundum Universal 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

Carborundum Universal 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 Carborundum Universal Limited. The current macd is 13.22.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Carborundum Universal Limited price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Carborundum Universal 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 Carborundum Universal 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
Carborundum Universal Limited Daily Moving Average Convergence/Divergence (MACD) ChartCarborundum Universal 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 Carborundum Universal Limited. The current adx is 24.86.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Carborundum Universal Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Carborundum Universal 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 Carborundum Universal Limited. The current sar is 1,780.

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
Carborundum Universal 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 Carborundum Universal Limited. The current rsi is 54.95. The current phase is Continuation in bull market.

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

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

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Carborundum Universal Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Carborundum Universal Limited Daily Stochastic Oscillator ChartCarborundum Universal 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 Carborundum Universal Limited. The current cci is -26.76542761.

Carborundum Universal Limited Daily Commodity Channel Index (CCI) ChartCarborundum Universal 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 Carborundum Universal Limited. The current cmo is 9.64256868.

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
Carborundum Universal Limited Daily Chande Momentum Oscillator (CMO) ChartCarborundum Universal 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 Carborundum Universal Limited. The current willr is -41.22369878.

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 Carborundum Universal Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Carborundum Universal Limited Daily Williams %R ChartCarborundum Universal 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 Carborundum Universal Limited.

Carborundum Universal 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 Carborundum Universal Limited. The current atr is 66.89.

Carborundum Universal Limited Daily Average True Range (ATR) ChartCarborundum Universal 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 Carborundum Universal Limited. The current obv is 181,606.

Carborundum Universal Limited Daily On-Balance Volume (OBV) ChartCarborundum Universal 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 Carborundum Universal Limited. The current mfi is 57.99.

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
Carborundum Universal Limited Daily Money Flow Index (MFI) ChartCarborundum Universal Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Carborundum Universal Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.952
Ma 20Greater thanMa 501,697.765
Ma 50Greater thanMa 1001,669.619
Ma 100Greater thanMa 2001,456.005
OpenGreater thanClose1,672.000
Total4/5 (80.0%)
Penke

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