25 XP   0   0   10

Venky's (India) Limited
Buy, Hold or Sell?

Let's analyze Venky's (India) Limited together

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

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

Get notifications about Venky's (India) Limited

I send you an email if I find something interesting about Venky's (India) Limited.

Quick analysis of Venky's (India) Limited (30 sec.)










What can you expect buying and holding a share of Venky's (India) Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.81
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR886.49
Expected worth in 1 year
INR1,296.54
How sure are you?
88.9%

+ What do you gain per year?

Total Gains per Share
INR477.26
Return On Investment
24.9%

For what price can you sell your share?

Current Price per Share
INR1,913.50
Expected price per share
INR1,894 - INR2,199
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

1. Valuation of Venky's (India) Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,913.50

Intrinsic Value Per Share

INR-833.99 - INR-360.16

Total Value Per Share

INR52.50 - INR526.33

2. Growth of Venky's (India) Limited (5 min.)




Is Venky's (India) Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$149.8m$132.5m$17.3m11.6%

How much money is Venky's (India) Limited making?

Current yearPrevious yearGrowGrow %
Making money$19.7m$32.1m-$12.3m-62.5%
Net Profit Margin3.7%8.6%--

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

3. Financial Health of Venky's (India) Limited (5 min.)




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




  Industry Rankings (Farm Products)  

3rd party ad coffee SUPPORTERis ad-free.

What can you expect buying and holding a share of Venky's (India) Limited? (5 min.)

Welcome investor! Venky's (India) Limited's management wants to use your money to grow the business. In return you get a share of Venky's (India) Limited.

What can you expect buying and holding a share of Venky's (India) Limited?

First you should know what it really means to hold a share of Venky's (India) Limited. And how you can make/lose money.

Speculation

The Price per Share of Venky's (India) Limited is INR1,914. 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 Venky's (India) 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 Venky's (India) 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 INR886.49. Based on the TTM, the Book Value Change Per Share is INR102.51 per quarter. Based on the YOY, the Book Value Change Per Share is INR190.35 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 INR16.80 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Venky's (India) Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.400.1%1.400.1%2.280.1%1.330.1%0.940.0%
Usd Book Value Change Per Share1.230.1%1.230.1%2.280.1%1.220.1%1.180.1%
Usd Dividend Per Share0.200.0%0.200.0%0.000.0%0.100.0%0.080.0%
Usd Total Gains Per Share1.430.1%1.430.1%2.290.1%1.330.1%1.260.1%
Usd Price Per Share25.68-25.68-18.66-25.61-17.14-
Price to Earnings Ratio18.29-18.29-8.18-5.65-10.88-
Price-to-Total Gains Ratio17.93-17.93-8.16-6.84-12.18-
Price to Book Ratio2.41-2.41-1.98-3.40-2.67-
Price-to-Total Gains Ratio17.93-17.93-8.16-6.84-12.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share22.962
Number of shares43
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.200.10
Usd Book Value Change Per Share1.231.22
Usd Total Gains Per Share1.431.33
Gains per Quarter (43 shares)61.5757.03
Gains per Year (43 shares)246.27228.10
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13521223618210218
26942348236421446
310463572853631674
413984697471841902
5173105812208910521130
62081270146610712621358
72431481171212414721586
82771693195814216831814
93121904220416018932042
103472116245017821032270

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%2.01.00.066.7%4.01.00.080.0%8.01.00.088.9%8.01.00.088.9%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%8.01.00.088.9%8.01.00.088.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%8.01.00.088.9%8.01.00.088.9%
3rd party ad coffee SUPPORTERis ad-free.

Fundamentals of Venky's (India) Limited

About Venky's (India) Limited

Venky's (India) Limited engages in the production and sale of poultry products in India. It operates through three segments: Poultry and Poultry Products, Animal Health Products, and Oilseed. The Poultry and Poultry Products segment produces and sells day old broiler and layer chicks, specific pathogen free eggs, processed chicken products, poultry feeds, and other miscellaneous poultry products. The Animal Health Products segment produces and sells medicines and other health products for birds. The Oilseed segment produces and sells edible refined soya oil and soya de-oiled cake. It also operates quick service restaurant under the Venky's XPRS name. The company was formerly known as Western Hatcheries Limited and changed its name to Venky's (India) Limited. The company was incorporated in 1976 and is based in Pune, India. Venky's (India) Limited is a subsidiary of Venkateshwara Hatcheries Private Limited.

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

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 less 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 very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Venky's (India) Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Venky's (India) Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • A Net Profit Margin of 3.7%¬†means that¬†₹0.04 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Venky's (India) Limited:

  • The MRQ is 3.7%. The company is making a profit. +1
  • The TTM is 3.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY8.6%-4.8%
TTM3.7%5Y4.9%-1.2%
5Y4.9%10Y3.8%+1.1%
1.1.2. Return on Assets

Shows how efficient Venky's (India) Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • 8.5% Return on Assets means that¬†Venky's (India) Limited generated¬†₹0.08 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Venky's (India) Limited:

  • The MRQ is 8.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.5%TTM8.5%0.0%
TTM8.5%YOY15.0%-6.5%
TTM8.5%5Y9.4%-0.9%
5Y9.4%10Y7.0%+2.4%
1.1.3. Return on Equity

Shows how efficient Venky's (India) Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • 13.2% Return on Equity means Venky's (India) Limited generated ₹0.13¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Venky's (India) Limited:

  • The MRQ is 13.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.2%TTM13.2%0.0%
TTM13.2%YOY24.2%-11.0%
TTM13.2%5Y16.3%-3.1%
5Y16.3%10Y14.3%+2.0%
3rd party ad coffee SUPPORTERis ad-free.

1.2. Operating Efficiency of Venky's (India) Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Venky's (India) Limited is operating .

  • Measures how much profit Venky's (India) 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¬†Venky's (India) Limited to the¬†Farm Products 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 Venky's (India) Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y5.4%-5.4%
5Y5.4%10Y5.4%0.0%
1.2.2. Operating Ratio

Measures how efficient Venky's (India) Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Farm Products industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are ₹0.84 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Venky's (India) Limited:

  • The MRQ is 0.843. The company is less efficient in keeping operating costs low.
  • The TTM is 0.843. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.843TTM0.8430.000
TTM0.843YOY0.750+0.093
TTM0.8435Y1.361-0.518
5Y1.36110Y1.526-0.165
3rd party ad coffee SUPPORTERis ad-free.

1.3. Liquidity of Venky's (India) Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Venky's (India) Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Farm Products industry mean).
  • A Current Ratio of 1.99¬†means the company has ₹1.99 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Venky's (India) Limited:

  • The MRQ is 1.989. The company is able to pay all its short-term debts. +1
  • The TTM is 1.989. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.989TTM1.9890.000
TTM1.989YOY1.744+0.245
TTM1.9895Y1.561+0.428
5Y1.56110Y1.355+0.207
1.3.2. Quick Ratio

Measures if Venky's (India) Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • A Quick Ratio of 1.67¬†means the company can pay off ₹1.67 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Venky's (India) Limited:

  • The MRQ is 1.672. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.672. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.672TTM1.6720.000
TTM1.672YOY1.314+0.358
TTM1.6725Y0.985+0.686
5Y0.98510Y0.761+0.224
3rd party ad coffee SUPPORTERis ad-free.

1.4. Solvency of Venky's (India) Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Venky's (India) Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Venky's (India) Limited to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.36¬†means that Venky's (India) Limited assets are¬†financed with 35.8% credit (debt) and the remaining percentage (100% - 35.8%)¬†is financed by its owners/shareholders.¬†

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

  • The MRQ is 0.358. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.358. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.358TTM0.3580.000
TTM0.358YOY0.383-0.024
TTM0.3585Y0.430-0.071
5Y0.43010Y0.546-0.117
1.4.2. Debt to Equity Ratio

Measures if Venky's (India) Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • A Debt to Equity ratio of 55.9% means that company has ₹0.56 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.559. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.559. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.559TTM0.5590.000
TTM0.559YOY0.620-0.062
TTM0.5595Y0.768-0.209
5Y0.76810Y1.461-0.693
3rd party ad coffee SUPPORTERis ad-free.

2. Market Valuation of Venky's (India) Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Venky's (India) Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Venky's (India) Limited to the¬†Farm Products industry mean.
  • A PE ratio of 18.29 means the investor is paying ₹18.29¬†for every ₹1 in earnings.

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

  • The EOD is 16.359. Based on the earnings, the company is fair priced.
  • The MRQ is 18.292. Based on the earnings, the company is fair priced.
  • The TTM is 18.292. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD16.359MRQ18.292-1.933
MRQ18.292TTM18.2920.000
TTM18.292YOY8.180+10.112
TTM18.2925Y5.650+12.642
5Y5.65010Y10.882-5.232
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -107.645. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -120.368. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -120.368. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-107.645MRQ-120.368+12.722
MRQ-120.368TTM-120.3680.000
TTM-120.368YOY10.612-130.980
TTM-120.3685Y-14.917-105.450
5Y-14.91710Y-7.446-7.472
3rd party ad coffee SUPPORTERis ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Venky's (India) Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Farm Products industry mean).
  • A PB ratio of 2.41 means the investor is paying ₹2.41¬†for each ₹1 in book value.

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

  • The EOD is 2.159. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.414. Based on the equity, the company is underpriced. +1
  • The TTM is 2.414. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.159MRQ2.414-0.255
MRQ2.414TTM2.4140.000
TTM2.414YOY1.983+0.431
TTM2.4145Y3.398-0.985
5Y3.39810Y2.666+0.732
2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--102.513102.5130%190.352-46%101.906+1%98.499+4%
Book Value Per Share--886.492886.4920%783.979+13%680.350+30%511.207+73%
Current Ratio--1.9891.9890%1.744+14%1.561+27%1.355+47%
Debt To Asset Ratio--0.3580.3580%0.383-6%0.430-17%0.546-34%
Debt To Equity Ratio--0.5590.5590%0.620-10%0.768-27%1.461-62%
Dividend Per Share--16.80316.8030%0.111+15035%8.608+95%6.735+149%
Eps--116.972116.9720%190.056-38%110.626+6%78.473+49%
Free Cash Flow Per Share---17.776-17.7760%146.490-112%59.907-130%27.785-164%
Free Cash Flow To Equity Per Share---41.822-41.8220%41.386-201%-19.093-54%-22.982-45%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---360.158--------
Intrinsic Value_10Y_min---833.987--------
Intrinsic Value_1Y_max--39.299--------
Intrinsic Value_1Y_min--6.571--------
Intrinsic Value_3Y_max--60.622--------
Intrinsic Value_3Y_min---58.214--------
Intrinsic Value_5Y_max--12.677--------
Intrinsic Value_5Y_min---207.940--------
Market Cap26956048550.000-12%30141977031.00030141977031.0000%21900178764.000+38%30059284345.200+0%20123680474.573+50%
Net Profit Margin--0.0370.0370%0.086-56%0.049-24%0.038-2%
Operating Margin----0%-0%0.054-100%0.054-100%
Operating Ratio--0.8430.8430%0.750+12%1.361-38%1.526-45%
Pb Ratio2.159-12%2.4142.4140%1.983+22%3.398-29%2.666-9%
Pe Ratio16.359-12%18.29218.2920%8.180+124%5.650+224%10.882+68%
Price Per Share1913.500-12%2139.6502139.6500%1554.600+38%2133.780+0%1428.494+50%
Price To Free Cash Flow Ratio-107.645+11%-120.368-120.3680%10.612-1234%-14.917-88%-7.446-94%
Price To Total Gains Ratio16.037-12%17.93317.9330%8.162+120%6.839+162%12.179+47%
Quick Ratio--1.6721.6720%1.314+27%0.985+70%0.761+120%
Return On Assets--0.0850.0850%0.150-43%0.094-10%0.070+22%
Return On Equity--0.1320.1320%0.242-46%0.163-19%0.143-8%
Total Gains Per Share--119.316119.3160%190.463-37%110.514+8%105.234+13%
Usd Book Value--149859780.000149859780.0000%132530148.000+13%115011916.800+30%86418597.333+73%
Usd Book Value Change Per Share--1.2301.2300%2.284-46%1.223+1%1.182+4%
Usd Book Value Per Share--10.63810.6380%9.408+13%8.164+30%6.134+73%
Usd Dividend Per Share--0.2020.2020%0.001+15035%0.103+95%0.081+149%
Usd Eps--1.4041.4040%2.281-38%1.328+6%0.942+49%
Usd Free Cash Flow---3004992.000-3004992.0000%24763836.000-112%10127138.400-130%4696964.000-164%
Usd Free Cash Flow Per Share---0.213-0.2130%1.758-112%0.719-130%0.333-164%
Usd Free Cash Flow To Equity Per Share---0.502-0.5020%0.497-201%-0.229-54%-0.276-45%
Usd Market Cap323472582.600-12%361703724.372361703724.3720%262802145.168+38%360711412.142+0%241484165.695+50%
Usd Price Per Share22.962-12%25.67625.6760%18.655+38%25.605+0%17.142+50%
Usd Profit--19773960.00019773960.0000%32128560.000-38%18701059.200+6%13265708.000+49%
Usd Revenue--528035064.000528035064.0000%373995684.000+41%396237501.600+33%327724858.667+61%
Usd Total Gains Per Share--1.4321.4320%2.286-37%1.326+8%1.263+13%
 EOD+3 -5MRQTTM+0 -0YOY+15 -195Y+24 -1110Y+25 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.359
Price to Book Ratio (EOD)Between0-12.159
Net Profit Margin (MRQ)Greater than00.037
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.672
Current Ratio (MRQ)Greater than11.989
Debt to Asset Ratio (MRQ)Less than10.358
Debt to Equity Ratio (MRQ)Less than10.559
Return on Equity (MRQ)Greater than0.150.132
Return on Assets (MRQ)Greater than0.050.085
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.781
Ma 20Greater thanMa 501,959.450
Ma 50Greater thanMa 1001,863.136
Ma 100Greater thanMa 2001,800.061
OpenGreater thanClose1,924.900
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2022-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets19,465,535
Total Liabilities6,977,220
Total Stockholder Equity12,488,315
 As reported
Total Liabilities 6,977,220
Total Stockholder Equity+ 12,488,315
Total Assets = 19,465,535

Assets

Total Assets19,465,535
Total Current Assets12,756,699
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 41,270
Short-term Investments 2,147,930
Net Receivables 6,383,729
Inventory 3,809,861
Other Current Assets 68,130
Total Current Assets  (as reported)12,756,699
Total Current Assets  (calculated)12,450,920
+/- 305,779
Long-term Assets
Property Plant Equipment 6,068,767
Goodwill 100,994
Intangible Assets 356
Long-term Assets  (as reported)0
Long-term Assets  (calculated)6,170,117
+/- 6,170,117

Liabilities & Shareholders' Equity

Total Current Liabilities6,413,778
Long-term Liabilities0
Total Stockholder Equity12,488,315
Total Current Liabilities
Short-term Debt 1,791,370
Total Current Liabilities  (as reported)6,413,778
Total Current Liabilities  (calculated)1,791,370
+/- 4,622,408
Long-term Liabilities
Long term Debt Total 92,470
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)92,470
+/- 92,470
Total Stockholder Equity
Common Stock140,874
Retained Earnings 12,347,441
Total Stockholder Equity (as reported)12,488,315
Total Stockholder Equity (calculated)12,488,315
+/-0
Other
Cash and Short Term Investments 2,189,200
Common Stock Shares Outstanding 14,087
Liabilities and Stockholders Equity 19,465,535
Net Working Capital 6,342,921



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
12,243,984
14,203,922
15,040,957
13,604,442
14,311,928
15,573,286
15,973,079
17,896,590
19,465,535
19,465,53517,896,59015,973,07915,573,28614,311,92813,604,44215,040,95714,203,92212,243,984
   > Total Current Assets 
6,772,902
7,722,372
8,571,742
7,234,866
7,938,263
8,903,484
8,547,226
10,918,238
12,756,699
12,756,69910,918,2388,547,2268,903,4847,938,2637,234,8668,571,7427,722,3726,772,902
       Cash And Cash Equivalents 
1,756,380
1,879,753
82,400
1,773,092
78,767
303
421
349,140
41,270
41,270349,14042130378,7671,773,09282,4001,879,7531,756,380
       Short-term Investments 
520,795
615,274
16,879
20,017
0
61,472
70,305
1,901,093
2,147,930
2,147,9301,901,09370,30561,472020,01716,879615,274520,795
       Net Receivables 
2,469,322
3,066,271
3,133,335
2,657,511
2,966,029
3,067,312
4,495,221
3,903,445
6,383,729
6,383,7293,903,4454,495,2213,067,3122,966,0292,657,5113,133,3353,066,2712,469,322
       Inventory 
1,987,552
2,108,320
1,045,672
2,490,239
3,011,953
3,976,618
2,297,957
4,253,101
3,809,861
3,809,8614,253,1012,297,9573,976,6183,011,9532,490,2391,045,6722,108,3201,987,552
       Other Current Assets 
25,846
35,255
2,795,161
1,495,784
1,555,555
1,460,682
57,626
89,629
68,130
68,13089,62957,6261,460,6821,555,5551,495,7842,795,16135,25525,846
   > Long-term Assets 
0
0
0
6,369,576
6,373,665
6,669,802
7,425,853
0
0
007,425,8536,669,8026,373,6656,369,576000
       Property Plant Equipment 
4,523,649
4,722,992
4,678,401
4,635,570
4,763,820
5,572,485
6,134,886
6,179,597
6,068,767
6,068,7676,179,5976,134,8865,572,4854,763,8204,635,5704,678,4014,722,9924,523,649
       Goodwill 
158,468
126,774
126,774
126,774
126,774
100,994
100,994
100,994
100,994
100,994100,994100,994100,994126,774126,774126,774126,774158,468
       Long Term Investments 
0
0
5,763
97
0
0
0
0
0
00000975,76300
       Intangible Assets 
6,342
3,253
1,276
289
2,171
1,240
2,263
1,257
356
3561,2572,2631,2402,1712891,2763,2536,342
       Long-term Assets Other 
0
0
0
1,193,586
1,540
1,540
0
0
0
0001,5401,5401,193,586000
> Total Liabilities 
8,566,017
10,489,703
10,851,244
8,294,025
7,100,336
6,758,363
7,610,456
6,852,411
6,977,220
6,977,2206,852,4117,610,4566,758,3637,100,3368,294,02510,851,24410,489,7038,566,017
   > Total Current Liabilities 
5,941,004
7,693,917
7,969,747
6,202,361
5,899,744
5,876,830
7,054,771
6,259,200
6,413,778
6,413,7786,259,2007,054,7715,876,8305,899,7446,202,3617,969,7477,693,9175,941,004
       Short-term Debt 
6,256,711
7,625,776
4,391,921
3,010,185
1,728,954
1,893,982
2,545,617
1,609,803
1,791,370
1,791,3701,609,8032,545,6171,893,9821,728,9543,010,1854,391,9217,625,7766,256,711
       Short Long Term Debt 
6,256,711
7,625,776
7,456,089
5,449,491
2,765,578
2,276,839
2,819,504
0
0
002,819,5042,276,8392,765,5785,449,4917,456,0897,625,7766,256,711
       Accounts payable 
1,435,822
1,787,395
2,489,446
1,748,925
2,274,763
2,805,885
3,854,214
0
0
003,854,2142,805,8852,274,7631,748,9252,489,4461,787,3951,435,822
       Other Current Liabilities 
382,418
477,876
359,705
485,831
700,413
663,442
169,412
0
0
00169,412663,442700,413485,831359,705477,876382,418
   > Long-term Liabilities 
0
0
0
2,091,664
1,200,592
881,533
555,685
0
0
00555,685881,5331,200,5922,091,664000
       Long term Debt Total 
0
0
2,537,643
1,690,668
738,628
399,321
278,039
151,072
92,470
92,470151,072278,039399,321738,6281,690,6682,537,64300
       Capital Lease Obligations 
0
0
0
0
0
0
72,201
0
0
0072,201000000
> Total Stockholder Equity
3,677,967
3,714,219
4,189,713
5,310,417
7,211,592
8,814,923
8,362,623
11,044,179
12,488,315
12,488,31511,044,1798,362,6238,814,9237,211,5925,310,4174,189,7133,714,2193,677,967
   Common Stock
93,916
93,916
140,874
140,874
140,874
140,874
140,874
140,874
140,874
140,874140,874140,874140,874140,874140,874140,87493,91693,916
   Retained Earnings 
3,440,996
3,526,022
4,040,169
5,175,778
7,076,695
8,674,188
8,222,519
10,903,305
12,347,441
12,347,44110,903,3058,222,5198,674,1887,076,6955,175,7784,040,1693,526,0223,440,996
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
120,736
71,962
8,670
-6,235
-5,977
-139
-770
0
0
00-770-139-5,977-6,2358,67071,962120,736



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, 2022-03-31)

Gross Profit (+$)
totalRevenue44,002,922
Cost of Revenue-37,101,043
Gross Profit6,901,8796,901,879
 
Operating Income (+$)
Gross Profit6,901,879
Operating Expense-0
Operating Income2,139,4666,901,879
 
Operating Expense (+$)
Research Development0
Selling General Administrative3,891,366
Selling And Marketing Expenses0
Operating Expense03,891,366
 
Net Interest Income (+$)
Interest Income13,023
Interest Expense-0
Other Finance Cost-13,023
Net Interest Income0
 
Pretax Income (+$)
Operating Income2,139,466
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)2,265,0082,139,466
EBIT - interestExpense = 0
1,647,830
1,647,830
Interest Expense0
Earnings Before Interest and Taxes (EBIT)02,265,008
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax2,265,008
Tax Provision-617,178
Net Income From Continuing Ops01,647,830
Net Income1,647,830
Net Income Applicable To Common Shares1,647,830
 
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 Venky's (India) 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 Venky's (India) Limited. The general trend of Venky's (India) Limited is BULLISH with 42.9% 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 Venky's (India) 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 (42.9%) Bearish trend (-42.9%)
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 Venky's (India) Limited.

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

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

The bullish price targets are: 1,910 < 2,129 < 2,199.

The bearish price targets are: 1,917 > 1,896 > 1,894.

Tweet this
Venky's (India) Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

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

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is 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 lower 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 lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -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

Venky's (India) Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Venky's (India) Limited. The current macd is 20.98.

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 Venky's (India) 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 Venky's (India) 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 Venky's (India) 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 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
Venky's (India) Limited Daily Moving Average Convergence/Divergence (MACD) ChartVenky's (India) Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Venky's (India) Limited. The current adx is 26.32.

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 Venky's (India) Limited 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
Venky's (India) Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Venky's (India) Limited. The current sar is 2,082.

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
Venky's (India) 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 Venky's (India) Limited. The current rsi is 48.78. The current phase is Correction in bull market.

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

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

Compares a certain price to multiple prices ranging over time.

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

Score

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

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is 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 Venky's (India) Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Venky's (India) Limited Daily Stochastic Oscillator ChartVenky's (India) Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Venky's (India) Limited. The current cci is -87.79862447.

Venky's (India) Limited Daily Commodity Channel Index (CCI) ChartVenky's (India) Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Venky's (India) Limited. The current cmo is -16.39919633.

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

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

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

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

Score

Let's take a look at the Williams %R of Venky's (India) Limited. The current willr is -86.61875428.

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

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

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

Score

Let's take a look at the Average True Range (ATR) of Venky's (India) Limited. The current atr is 53.60.

Venky's (India) Limited Daily Average True Range (ATR) ChartVenky's (India) 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 Venky's (India) Limited. The current obv is 235,934.

Venky's (India) Limited Daily On-Balance Volume (OBV) ChartVenky's (India) Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Venky's (India) Limited. The current mfi is 45.14.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Venky's (India) Limited Daily Money Flow Index (MFI) ChartVenky's (India) Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Venky's (India) Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-02MACD 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
2024-04-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-05CCI 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).
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07MACD 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-31CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-06-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-07DMI 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
2024-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-12WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-18BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-06-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-06-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-06-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Venky's (India) Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5048.781
Ma 20Greater thanMa 501,959.450
Ma 50Greater thanMa 1001,863.136
Ma 100Greater thanMa 2001,800.061
OpenGreater thanClose1,924.900
Total3/5 (60.0%)
Penke

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

  • Share my analysis of Venky's (India) Limited with someone you think should read this too:
  • Are you bullish or bearish on Venky's (India) Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Venky's (India) Limited? 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 Venky's (India) Limited

I send you an email if I find something interesting about Venky's (India) Limited.


Comments

How you think about this?

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

Stay informed about Venky's (India) Limited.

Receive notifications about Venky's (India) Limited in your mailbox!