25 XP   0   0   10

Praj Industries Limited
Buy, Hold or Sell?

Let's analyze Praj together

I guess you are interested in Praj Industries 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 Praj Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Praj Industries Limited

I send you an email if I find something interesting about Praj Industries Limited.

Quick analysis of Praj (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.20
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR58.68
Expected worth in 1 year
INR93.97
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR52.08
Return On Investment
7.2%

For what price can you sell your share?

Current Price per Share
INR724.00
Expected price per share
INR587.95 - INR758.55
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

1. Valuation of Praj (5 min.)




Live pricePrice per Share (EOD)

INR724.00

Intrinsic Value Per Share

INR59.82 - INR176.41

Total Value Per Share

INR118.50 - INR235.09

2. Growth of Praj (5 min.)




Is Praj growing?

Current yearPrevious yearGrowGrow %
How rich?$129.3m$109.8m$19.4m15.1%

How much money is Praj making?

Current yearPrevious yearGrowGrow %
Making money$28.7m$18m$10.7m37.3%
Net Profit Margin6.8%6.4%--

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

3. Financial Health of Praj (5 min.)




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




  Industry Rankings (General Contractors)  

3rd party ad coffee SUPPORTERis ad-free.

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

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

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

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

Speculation

The Price per Share of Praj is INR724.00. 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 Praj.
  • 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 Praj, 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 INR58.68. Based on the TTM, the Book Value Change Per Share is INR8.82 per quarter. Based on the YOY, the Book Value Change Per Share is INR6.10 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 INR4.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Praj.

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 Eps0.160.0%0.160.0%0.100.0%0.080.0%0.060.0%
Usd Book Value Change Per Share0.110.0%0.110.0%0.070.0%0.050.0%0.070.0%
Usd Dividend Per Share0.050.0%0.050.0%0.030.0%0.030.0%0.030.0%
Usd Total Gains Per Share0.160.0%0.160.0%0.100.0%0.080.0%0.100.0%
Usd Price Per Share4.09-4.09-4.78-2.75-1.81-
Price to Earnings Ratio26.12-26.12-48.69-34.96-29.74-
Price-to-Total Gains Ratio26.19-26.19-48.24-35.14-26.84-
Price to Book Ratio5.81-5.81-7.99-4.69-3.34-
Price-to-Total Gains Ratio26.19-26.19-48.24-35.14-26.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.688
Number of shares115
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.03
Usd Book Value Change Per Share0.110.05
Usd Total Gains Per Share0.160.08
Gains per Quarter (115 shares)17.979.14
Gains per Year (115 shares)71.8736.58
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1234962162127
24697134314264
3701462064763101
4931952786284138
511624435078105175
613929242293126212
7162341494109147249
8185390566124168286
9209438638140189323
10232487710156210360

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%4.01.00.080.0%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%10.00.00.0100.0%10.00.00.0100.0%
3rd party ad coffee SUPPORTERis ad-free.

Fundamentals of Praj

About Praj Industries Limited

Praj Industries Limited operates in the field of bio-based technologies and engineering worldwide. It offers solutions for the ethanol industry, including multi-feed multi-product plants, modernization of existing plants, and renewable fuels comprising BioCNG, iso-butanol etc.; produces bio ethanol, bio butanol, bio chemicals, power, bio CNG, CO2, etc.; and operates bio-mobility platform that promotes the use of renewable resources to produce carbon neutral transportation fuel. The company also provides high purity system solutions to the bio-pharmaceutical, biotech, cosmetics, healthcare, and F&B sector for sterile process water generation, water for injection, storage and distribution system, CIP/SIP, systems for core processes, wastewater treatment, etc. In addition, it offers customized plants, and equipment and technology solutions to customers in the brewing industry; pressure vessels, reactors, shell and tube heat exchangers, columns, and other proprietary equipment to various process industries, such as oil and gas, refining, petrochemicals, fertilizers, chemicals, food, pharma, and biotech, as well as undertakes end-to-end projects for process skids and packages. Further, the company provides waste water treatment solutions, including treatment and disposal; the 3Rs of reduce, recycle, and reuse; ZLD and resource recovery; operation and maintenance services; and value added services. Praj Industries Limited was founded in 1985 and is headquartered in Pune, India.

Fundamental data was last updated by Penke on 2024-06-23 13:04:03.

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 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 just 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 able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Praj Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare¬†Praj to the¬†General Contractors industry mean.
  • A Net Profit Margin of 6.8%¬†means that¬†₹0.07 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Praj Industries Limited:

  • The MRQ is 6.8%. The company is making a profit. +1
  • The TTM is 6.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.8%TTM6.8%0.0%
TTM6.8%YOY6.4%+0.4%
TTM6.8%5Y6.4%+0.4%
5Y6.4%10Y6.2%+0.2%
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ6.8%6.8%0.0%
TTM6.8%6.8%0.0%
YOY6.4%6.4%+0.0%
5Y6.4%6.4%0.0%
10Y6.2%6.2%0.0%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy¬†but always compare¬†Praj to the¬†General Contractors industry mean.
  • 9.2% Return on Assets means that¬†Praj generated¬†₹0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Praj Industries Limited:

  • The MRQ is 9.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.2%TTM9.2%0.0%
TTM9.2%YOY6.8%+2.4%
TTM9.2%5Y6.5%+2.6%
5Y6.5%10Y5.8%+0.7%
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%9.2%0.0%
TTM9.2%9.2%0.0%
YOY6.8%4.0%+2.8%
5Y6.5%7.0%-0.5%
10Y5.8%-1.4%+7.2%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare¬†Praj to the¬†General Contractors industry mean.
  • 22.2% Return on Equity means Praj generated ₹0.22¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Praj Industries Limited:

  • The MRQ is 22.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ22.2%TTM22.2%0.0%
TTM22.2%YOY16.4%+5.8%
TTM22.2%5Y13.5%+8.7%
5Y13.5%10Y11.4%+2.2%
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ22.2%19.4%+2.8%
TTM22.2%19.4%+2.8%
YOY16.4%8.6%+7.8%
5Y13.5%13.0%+0.5%
10Y11.4%-8.0%+19.4%
3rd party ad coffee SUPPORTERis ad-free.

1.2. Operating Efficiency of Praj Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Praj is operating .

  • Measures how much profit Praj 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¬†Praj to the¬†General Contractors 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 Praj Industries Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.9%-3.9%
5Y3.9%10Y5.4%-1.5%
1.2.2. Operating Ratio

Measures how efficient Praj is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†General Contractors industry mean).
  • An Operation Ratio of 0.64 means that the operating costs are ₹0.64 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Praj Industries Limited:

  • The MRQ is 0.638. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.638. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.638TTM0.6380.000
TTM0.638YOY0.638+0.000
TTM0.6385Y0.951-0.313
5Y0.95110Y1.231-0.280
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6380.697-0.059
TTM0.6380.697-0.059
YOY0.6380.669-0.031
5Y0.9511.011-0.060
10Y1.2311.330-0.099
3rd party ad coffee SUPPORTERis ad-free.

1.3. Liquidity of Praj Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to¬†General Contractors industry mean).
  • A Current Ratio of 1.45¬†means the company has ₹1.45 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Praj Industries Limited:

  • The MRQ is 1.454. The company is just able to pay all its short-term debts.
  • The TTM is 1.454. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.454TTM1.4540.000
TTM1.454YOY1.454+0.000
TTM1.4545Y1.640-0.186
5Y1.64010Y1.677-0.037
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4541.087+0.367
TTM1.4541.087+0.367
YOY1.4541.031+0.423
5Y1.6400.977+0.663
10Y1.6771.113+0.564
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but¬†always compare¬†Praj to the¬†General Contractors industry mean.
  • A Quick Ratio of 1.44¬†means the company can pay off ₹1.44 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Praj Industries Limited:

  • The MRQ is 1.441. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.441. The company is able to pay all its short-term debts with the most liquid assets. +1
Trends
Current periodCompared to+/- 
MRQ1.441TTM1.4410.000
TTM1.441YOY1.373+0.068
TTM1.4415Y1.630-0.189
5Y1.63010Y1.511+0.120
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4410.791+0.650
TTM1.4410.791+0.650
YOY1.3730.690+0.683
5Y1.6300.694+0.936
10Y1.5110.568+0.943
3rd party ad coffee SUPPORTERis ad-free.

1.4. Solvency of Praj Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare¬†Praj to General Contractors industry mean.
  • A Debt to Asset Ratio of 0.59¬†means that Praj assets are¬†financed with 58.8% credit (debt) and the remaining percentage (100% - 58.8%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Praj Industries Limited:

  • The MRQ is 0.588. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.588. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.588TTM0.5880.000
TTM0.588YOY0.587+0.001
TTM0.5885Y0.491+0.097
5Y0.49110Y0.462+0.029
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5880.588+0.000
TTM0.5880.588+0.000
YOY0.5870.587+0.000
5Y0.4910.500-0.009
10Y0.4620.551-0.089
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but¬†always compare¬†Praj to the¬†General Contractors industry mean.
  • A Debt to Equity ratio of 142.9% means that company has ₹1.43 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Praj Industries Limited:

  • The MRQ is 1.429. The company is able to pay all its debts with equity. +1
  • The TTM is 1.429. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.429TTM1.4290.000
TTM1.429YOY1.422+0.007
TTM1.4295Y1.026+0.404
5Y1.02610Y0.909+0.116
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4290.996+0.433
TTM1.4290.996+0.433
YOY1.4221.343+0.079
5Y1.0261.032-0.006
10Y0.9091.578-0.669
3rd party ad coffee SUPPORTERis ad-free.

2. Market Valuation of Praj Industries 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 Praj generates.

  • Above 15 is considered overpriced but¬†always compare¬†Praj to the¬†General Contractors industry mean.
  • A PE ratio of 26.12 means the investor is paying ₹26.12¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Praj Industries Limited:

  • The EOD is 55.468. Based on the earnings, the company is expensive. -2
  • The MRQ is 26.121. Based on the earnings, the company is overpriced. -1
  • The TTM is 26.121. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD55.468MRQ26.121+29.347
MRQ26.121TTM26.1210.000
TTM26.121YOY48.688-22.566
TTM26.1215Y34.963-8.842
5Y34.96310Y29.739+5.224
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
EOD55.46822.756+32.712
MRQ26.1210.849+25.272
TTM26.1210.849+25.272
YOY48.68820.932+27.756
5Y34.9639.806+25.157
10Y29.7396.806+22.933
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 104.881. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 49.391. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 49.391. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD104.881MRQ49.391+55.490
MRQ49.391TTM49.3910.000
TTM49.391YOY43.245+6.146
TTM49.3915Y78.716-29.325
5Y78.71610Y35.051+43.665
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
EOD104.88110.018+94.863
MRQ49.3916.857+42.534
TTM49.3916.857+42.534
YOY43.2451.834+41.411
5Y78.7162.801+75.915
10Y35.051-14.674+49.725
3rd party ad coffee SUPPORTERis ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy¬†(always compare to General Contractors industry mean).
  • A PB ratio of 5.81 means the investor is paying ₹5.81¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Praj Industries Limited:

  • The EOD is 12.338. Based on the equity, the company is expensive. -2
  • The MRQ is 5.810. Based on the equity, the company is overpriced. -1
  • The TTM is 5.810. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD12.338MRQ5.810+6.528
MRQ5.810TTM5.8100.000
TTM5.810YOY7.988-2.178
TTM5.8105Y4.693+1.118
5Y4.69310Y3.344+1.349
Compared to industry (General Contractors)
PeriodCompanyIndustry (mean)+/- 
EOD12.3383.771+8.567
MRQ5.8102.567+3.243
TTM5.8102.567+3.243
YOY7.9881.030+6.958
5Y4.6931.120+3.573
10Y3.3440.892+2.452
2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Praj Industries 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--8.8228.8220%6.095+45%3.807+132%5.868+50%
Book Value Per Share--58.67858.6780%49.856+18%46.447+26%41.414+42%
Current Ratio--1.4541.4540%1.454+0%1.640-11%1.677-13%
Debt To Asset Ratio--0.5880.5880%0.587+0%0.491+20%0.462+27%
Debt To Equity Ratio--1.4291.4290%1.422+1%1.026+39%0.909+57%
Dividend Per Share--4.1974.1970%2.160+94%2.819+49%2.414+74%
Eps--13.05313.0530%8.180+60%6.645+96%4.946+164%
Free Cash Flow Per Share--6.9036.9030%9.209-25%5.873+18%4.023+72%
Free Cash Flow To Equity Per Share--1.8191.8190%6.794-73%2.760-34%1.502+21%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--176.411--------
Intrinsic Value_10Y_min--59.824--------
Intrinsic Value_1Y_max--11.137--------
Intrinsic Value_1Y_min--5.964--------
Intrinsic Value_3Y_max--38.448--------
Intrinsic Value_3Y_min--18.052--------
Intrinsic Value_5Y_max--71.768--------
Intrinsic Value_5Y_min--30.194--------
Market Cap132616528000.000+53%62636978035.50062636978035.5000%73147808092.500-14%41992440902.600+49%27674671571.300+126%
Net Profit Margin--0.0680.0680%0.064+6%0.064+7%0.062+10%
Operating Margin----0%-0%0.039-100%0.054-100%
Operating Ratio--0.6380.6380%0.638+0%0.951-33%1.231-48%
Pb Ratio12.338+53%5.8105.8100%7.988-27%4.693+24%3.344+74%
Pe Ratio55.468+53%26.12126.1210%48.688-46%34.963-25%29.739-12%
Price Per Share724.000+53%340.950340.9500%398.250-14%228.820+49%150.870+126%
Price To Free Cash Flow Ratio104.881+53%49.39149.3910%43.245+14%78.716-37%35.051+41%
Price To Total Gains Ratio55.608+53%26.18726.1870%48.240-46%35.137-25%26.844-2%
Quick Ratio--1.4411.4410%1.373+5%1.630-12%1.511-5%
Return On Assets--0.0920.0920%0.068+35%0.065+41%0.058+58%
Return On Equity--0.2220.2220%0.164+36%0.135+64%0.114+96%
Total Gains Per Share--13.02013.0200%8.256+58%6.626+96%8.281+57%
Usd Book Value--129359808.000129359808.0000%109886220.000+18%102235298.400+27%91101381.600+42%
Usd Book Value Change Per Share--0.1060.1060%0.073+45%0.046+132%0.070+50%
Usd Book Value Per Share--0.7040.7040%0.598+18%0.557+26%0.497+42%
Usd Dividend Per Share--0.0500.0500%0.026+94%0.034+49%0.029+74%
Usd Eps--0.1570.1570%0.098+60%0.080+96%0.059+164%
Usd Free Cash Flow--15218220.00015218220.0000%20297520.000-25%12930501.600+18%8853295.200+72%
Usd Free Cash Flow Per Share--0.0830.0830%0.111-25%0.070+18%0.048+72%
Usd Free Cash Flow To Equity Per Share--0.0220.0220%0.082-73%0.033-34%0.018+21%
Usd Market Cap1591398336.000+53%751643736.426751643736.4260%877773697.110-14%503909290.831+49%332096058.856+126%
Usd Price Per Share8.688+53%4.0914.0910%4.779-14%2.746+49%1.810+126%
Usd Profit--28775292.00028775292.0000%18028728.000+60%14633148.000+97%10885948.800+164%
Usd Revenue--423364536.000423364536.0000%281192928.000+51%226067006.400+87%172319218.800+146%
Usd Total Gains Per Share--0.1560.1560%0.099+58%0.080+96%0.099+57%
 EOD+4 -4MRQTTM+0 -0YOY+21 -135Y+25 -1010Y+26 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1555.468
Price to Book Ratio (EOD)Between0-112.338
Net Profit Margin (MRQ)Greater than00.068
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.441
Current Ratio (MRQ)Greater than11.454
Debt to Asset Ratio (MRQ)Less than10.588
Debt to Equity Ratio (MRQ)Less than11.429
Return on Equity (MRQ)Greater than0.150.222
Return on Assets (MRQ)Greater than0.050.092
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.821
Ma 20Greater thanMa 50713.475
Ma 50Greater thanMa 100609.017
Ma 100Greater thanMa 200560.216
OpenGreater thanClose738.200
Total5/5 (100.0%)



Latest Balance Sheet

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

Summary
Total Assets26,186,668
Total Liabilities15,406,684
Total Stockholder Equity10,779,984
 As reported
Total Liabilities 15,406,684
Total Stockholder Equity+ 10,779,984
Total Assets = 26,186,668

Assets

Total Assets26,186,668
Total Current Assets21,819,809
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 490,863
Short-term Investments 4,780,043
Net Receivables 11,080,435
Inventory 3,968,145
Other Current Assets 266,745
Total Current Assets  (as reported)21,819,809
Total Current Assets  (calculated)20,586,231
+/- 1,233,578
Long-term Assets
Property Plant Equipment 2,434,716
Goodwill 626,150
Intangible Assets 39,933
Long-term Assets  (as reported)0
Long-term Assets  (calculated)3,100,799
+/- 3,100,799

Liabilities & Shareholders' Equity

Total Current Liabilities15,005,321
Long-term Liabilities0
Total Stockholder Equity10,779,984
Total Current Liabilities
Total Current Liabilities  (as reported)15,005,321
Total Current Liabilities  (calculated)0
+/- 15,005,321
Long-term Liabilities
Long term Debt Total 262,692
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)262,692
+/- 262,692
Total Stockholder Equity
Common Stock367,426
Retained Earnings 9,357,191
Capital Surplus 1,040,149
Other Stockholders Equity 15,218
Total Stockholder Equity (as reported)10,779,984
Total Stockholder Equity (calculated)10,779,984
+/-0
Other
Cash And Equivalents494,951
Cash and Short Term Investments 5,765,857
Common Stock Shares Outstanding 183,713
Liabilities and Stockholders Equity 26,186,668
Net Working Capital 6,814,488



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 
12,757,733
11,436,940
11,567,604
11,874,087
11,333,575
12,469,638
11,616,468
15,938,210
22,177,617
26,186,668
26,186,66822,177,61715,938,21011,616,46812,469,63811,333,57511,874,08711,567,60411,436,94012,757,733
   > Total Current Assets 
9,224,494
8,147,987
8,191,395
8,351,775
7,900,922
8,607,006
7,799,218
12,353,543
18,455,380
21,819,809
21,819,80918,455,38012,353,5437,799,2188,607,0067,900,9228,351,7758,191,3958,147,9879,224,494
       Cash And Cash Equivalents 
572,370
999,510
66,124
365,918
421,967
255,304
232,762
555,617
462,368
490,863
490,863462,368555,617232,762255,304421,967365,91866,124999,510572,370
       Short-term Investments 
860,227
1,479,276
199,679
35,000
1,928,501
1,889,450
1,256,562
3,252,551
4,204,763
4,780,043
4,780,0434,204,7633,252,5511,256,5621,889,4501,928,50135,000199,6791,479,276860,227
       Net Receivables 
4,365,717
4,275,188
4,484,882
4,585,838
3,833,604
4,270,046
4,340,030
5,954,934
7,945,969
11,080,435
11,080,4357,945,9695,954,9344,340,0304,270,0463,833,6044,585,8384,484,8824,275,1884,365,717
       Inventory 
1,222,052
976,117
1,171,405
1,200,620
963,511
1,437,236
1,366,807
1,860,741
4,145,259
3,968,145
3,968,1454,145,2591,860,7411,366,8071,437,236963,5111,200,6201,171,405976,1171,222,052
       Other Current Assets 
2,204,128
417,896
28,292
29,429
11,564
32,126
15,224
14,986
281,265
266,745
266,745281,26514,98615,22432,12611,56429,42928,292417,8962,204,128
   > Long-term Assets 
0
0
0
3,522,312
3,413,074
3,862,632
3,817,250
0
0
0
0003,817,2503,862,6323,413,0743,522,312000
       Property Plant Equipment 
2,642,551
2,382,177
2,077,233
2,229,841
2,239,355
2,149,995
2,187,860
2,070,316
2,099,590
2,434,716
2,434,7162,099,5902,070,3162,187,8602,149,9952,239,3552,229,8412,077,2332,382,1772,642,551
       Goodwill 
560,153
626,150
626,150
626,150
626,150
626,150
626,150
626,150
626,150
626,150
626,150626,150626,150626,150626,150626,150626,150626,150626,150560,153
       Long Term Investments 
150,102
100,168
207,465
232,630
0
0
0
0
0
0
000000232,630207,465100,168150,102
       Intangible Assets 
38,405
24,493
28,275
20,209
10,461
9,365
8,196
8,400
18,829
39,933
39,93318,8298,4008,1969,36510,46120,20928,27524,49338,405
       Long-term Assets Other 
0
0
0
189,264
0
0
0
0
0
0
000000189,264000
> Total Liabilities 
6,718,501
5,066,940
5,014,757
4,777,746
4,072,218
5,019,486
4,423,980
7,919,978
13,020,432
15,406,684
15,406,68413,020,4327,919,9784,423,9805,019,4864,072,2184,777,7465,014,7575,066,9406,718,501
   > Total Current Liabilities 
6,524,216
4,944,343
4,880,499
4,616,369
3,906,022
4,854,045
4,093,834
7,642,990
12,695,508
15,005,321
15,005,32112,695,5087,642,9904,093,8344,854,0453,906,0224,616,3694,880,4994,944,3436,524,216
       Short-term Debt 
213,293
172,712
159,089
42,592
59,418
0
0
0
0
0
0000059,41842,592159,089172,712213,293
       Short Long Term Debt 
213,293
172,712
160,728
43,821
59,828
410
0
0
0
0
000041059,82843,821160,728172,712213,293
       Accounts payable 
1,998,202
1,772,442
2,071,536
2,134,398
1,764,513
2,345,352
1,874,933
0
0
0
0001,874,9332,345,3521,764,5132,134,3982,071,5361,772,4421,998,202
       Other Current Liabilities 
4,175,490
2,888,487
2,349,290
2,175,337
1,886,897
2,213,000
2,002,665
0
0
0
0002,002,6652,213,0001,886,8972,175,3372,349,2902,888,4874,175,490
   > Long-term Liabilities 
0
0
0
158,586
159,597
158,798
323,449
0
0
0
000323,449158,798159,597158,586000
       Long term Debt Total 
0
0
1,229
819
410
0
0
0
147,550
262,692
262,692147,5500004108191,22900
       Capital Lease Obligations 
0
0
0
0
0
0
207,743
0
0
0
000207,743000000
> Total Stockholder Equity
5,825,207
6,221,584
6,552,847
7,096,341
7,261,357
7,450,152
7,192,488
8,018,232
9,157,185
10,779,984
10,779,9849,157,1858,018,2327,192,4887,450,1527,261,3577,096,3416,552,8476,221,5845,825,207
   Common Stock
354,930
354,930
355,945
358,888
361,865
365,296
366,320
366,458
367,347
367,426
367,426367,347366,458366,320365,296361,865358,888355,945354,930354,930
   Retained Earnings 
4,862,417
5,261,825
5,567,788
6,010,982
6,067,489
6,129,103
5,819,905
6,639,350
7,748,298
9,357,191
9,357,1917,748,2986,639,3505,819,9056,129,1036,067,4896,010,9825,567,7885,261,8254,862,417
   Capital Surplus 
0
0
605,606
710,312
815,401
937,165
977,306
982,276
1,025,997
1,040,149
1,040,1491,025,997982,276977,306937,165815,401710,312605,60600
   Treasury Stock0000000000
   Other Stockholders Equity 
37,845
34,814
23,508
16,159
16,602
18,588
28,957
30,148
15,543
15,218
15,21815,54330,14828,95718,58816,60216,15923,50834,81437,845



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 (+$)
totalRevenue35,280,378
Cost of Revenue-22,501,383
Gross Profit12,778,99512,778,995
 
Operating Income (+$)
Gross Profit12,778,995
Operating Expense-0
Operating Income2,849,23712,778,995
 
Operating Expense (+$)
Research Development0
Selling General Administrative9,107,658
Selling And Marketing Expenses0
Operating Expense09,107,658
 
Net Interest Income (+$)
Interest Income342,614
Interest Expense-0
Other Finance Cost-342,614
Net Interest Income0
 
Pretax Income (+$)
Operating Income2,849,237
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,187,2492,849,237
EBIT - interestExpense = 0
2,397,941
2,397,941
Interest Expense0
Earnings Before Interest and Taxes (EBIT)03,187,249
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax3,187,249
Tax Provision-789,067
Net Income From Continuing Ops02,398,182
Net Income2,397,941
Net Income Applicable To Common Shares2,397,941
 
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 Praj
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 Praj. The general trend of Praj 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 Praj'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 Praj Industries 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: 758.55.

The bearish price targets are: 715.40 > 650.30 > 587.95.

Tweet this
Praj Industries 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 Praj Industries 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

Praj Industries 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 Praj Industries Limited. The current macd is 36.56.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Praj price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Praj. 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 Praj 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 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
Praj Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartPraj Industries 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 Praj Industries Limited. The current adx is 35.88.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Praj shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Praj Industries 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 Praj Industries Limited. The current sar is 756.15.

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
Praj Industries Limited Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Praj Industries Limited. The current rsi is 61.82. The current phase is Continuation in bull market.

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

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

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Praj price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Praj Industries Limited Daily Stochastic Oscillator ChartPraj Industries 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 Praj Industries Limited. The current cci is 39.42.

Praj Industries Limited Daily Commodity Channel Index (CCI) ChartPraj Industries 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 Praj Industries Limited. The current cmo is 13.48.

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
Praj Industries Limited Daily Chande Momentum Oscillator (CMO) ChartPraj Industries 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 Praj Industries Limited. The current willr is -41.70187085.

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 Praj is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Praj Industries Limited Daily Williams %R ChartPraj Industries Limited Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Praj Industries Limited.

Praj Industries 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 Praj Industries Limited. The current atr is 29.00.

Praj Industries Limited Daily Average True Range (ATR) ChartPraj Industries Limited Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Praj Industries Limited. The current obv is 4,681,300.

Praj Industries Limited Daily On-Balance Volume (OBV) ChartPraj Industries 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 Praj Industries Limited. The current mfi is 58.12.

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
Praj Industries Limited Daily Money Flow Index (MFI) ChartPraj Industries Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Praj Industries 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
2024-02-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-27DMI 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.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-04-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-15DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-17CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-30STOCH 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
2024-05-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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).
2024-06-03MACD 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-06-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-28STOCH 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).
2024-07-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-03MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Praj Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5061.821
Ma 20Greater thanMa 50713.475
Ma 50Greater thanMa 100609.017
Ma 100Greater thanMa 200560.216
OpenGreater thanClose738.200
Total5/5 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Praj with someone you think should read this too:
  • Are you bullish or bearish on Praj? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Praj? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Praj Industries Limited

I send you an email if I find something interesting about Praj Industries Limited.


Comments

How you think about this?

Leave a comment
3rd party ad coffee SUPPORTERis ad-free.

Stay informed about Praj Industries Limited.

Receive notifications about Praj Industries Limited in your mailbox!