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532180 (Dhanlaxmi Bank Limited) Stock Analysis
Buy, Hold or Sell?

Let's analyze Dhanlaxmi Bank Limited together

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

  • ๐Ÿ“Š Fundamental Analysis (FA) โ€“ Dhanlaxmi Bank Limitedโ€™s Financial Insights
  • ๐Ÿ“ˆ Technical Analysis (TA) โ€“ Dhanlaxmi Bank Limitedโ€™s Price Targets

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

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1. Quick Overview

1.1. Quick analysis of Dhanlaxmi Bank Limited (30 sec.)










1.2. What can you expect buying and holding a share of Dhanlaxmi Bank Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR37.99
Expected worth in 1 year
INR47.66
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR9.67
Return On Investment
32.8%

For what price can you sell your share?

Current Price per Share
INR29.45
Expected price per share
INR24.84 - INR37.45
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Dhanlaxmi Bank Limited (5 min.)




Live pricePrice per Share (EOD)
INR29.45
Intrinsic Value Per Share
INR-150.92 - INR171.39
Total Value Per Share
INR-112.93 - INR209.38

2.2. Growth of Dhanlaxmi Bank Limited (5 min.)




Is Dhanlaxmi Bank Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$112.4m$105.3m$7.1m6.4%

How much money is Dhanlaxmi Bank Limited making?

Current yearPrevious yearGrowGrow %
Making money$5.7m$4.2m$1.5m27.3%
Net Profit Margin0.0%0.0%--

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

2.3. Financial Health of Dhanlaxmi Bank Limited (5 min.)




2.4. Comparing to competitors in the Money Center Banks industry (5 min.)




  Industry Rankings (Money Center Banks)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Dhanlaxmi Bank Limited?

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

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

Speculation

The Price per Share of Dhanlaxmi Bank Limited is INR29.45. 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 Dhanlaxmi Bank 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 Dhanlaxmi Bank 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 INR37.99. Based on the TTM, the Book Value Change Per Share is INR2.42 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.42 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 INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Dhanlaxmi Bank Limited.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.020.1%0.020.1%0.020.1%0.020.1%0.020.1%-0.02-0.1%
Usd Book Value Change Per Share0.030.1%0.030.1%0.020.1%0.020.1%0.020.1%0.040.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.030.1%0.030.1%0.020.1%0.020.1%0.020.1%0.040.2%
Usd Price Per Share0.17-0.17-0.14-0.16-0.16-0.24-
Price to Earnings Ratio7.41-7.41-8.73-8.74-13.39-9.68-
Price-to-Total Gains Ratio5.98-5.98-8.73-8.27-13.10-1.23-
Price to Book Ratio0.38-0.38-0.35-0.39-0.40-0.72-
Price-to-Total Gains Ratio5.98-5.98-8.73-8.27-13.10-1.23-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.344565
Number of shares2902
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.02
Usd Total Gains Per Share0.030.02
Gains per Quarter (2902 shares)82.0656.82
Gains per Year (2902 shares)328.23227.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103283180227217
206566460455444
309859740682671
40131313020909898
5016411630011361125
6019691958013641352
7022982286015911579
8026262614018181806
9029542942020452033
10032823270022732260

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%6.04.00.060.0%6.04.00.060.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
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3.2. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.4172.4170%1.419+70%1.769+37%1.673+44%3.799-36%
Book Value Per Share--37.98837.9880%35.572+7%35.904+6%34.096+11%30.376+25%
Current Ratio----0%-0%-0%0.053-100%0.085-100%
Debt To Asset Ratio--0.9360.9360%0.935+0%0.935+0%0.935+0%0.942-1%
Debt To Equity Ratio--14.74414.7440%14.329+3%14.410+2%14.313+3%16.611-11%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value---138053794444.000-138053794444.0000%-125822789328.800-9%-127482831875.467-8%-120155767934.720-13%-119342630797.360-14%
Eps--1.9511.9510%1.419+37%1.613+21%1.580+23%-2.037+204%
Free Cash Flow Per Share--7.1627.1620%4.849+48%2.462+191%4.003+79%-5.112+171%
Free Cash Flow To Equity Per Share--7.1627.1620%4.849+48%2.099+241%2.855+151%1.140+528%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--171.392----------
Intrinsic Value_10Y_min---150.916----------
Intrinsic Value_1Y_max--6.858----------
Intrinsic Value_1Y_min---1.992----------
Intrinsic Value_3Y_max--28.468----------
Intrinsic Value_3Y_min---17.393----------
Intrinsic Value_5Y_max--59.558----------
Intrinsic Value_5Y_min---45.180----------
Market Cap7451203400.000+51%3656024556.0003656024556.0000%3134819671.200+17%3514337791.200+4%3394410065.280+8%5182445502.640-29%
Net Profit Margin----0%-0%-0%0.033-100%-0.5690%
Operating Margin----0%-0%-0%-0%-0%
Operating Ratio----0%-0%-0%-0%0.973-100%
Pb Ratio0.775+51%0.3800.3800%0.348+9%0.388-2%0.397-4%0.716-47%
Pe Ratio15.095+51%7.4067.4060%8.731-15%8.742-15%13.389-45%9.679-23%
Price Per Share29.450+51%14.45014.4500%12.390+17%13.890+4%13.416+8%20.483-29%
Price To Free Cash Flow Ratio4.112+51%2.0182.0180%2.555-21%0.456+343%-0.070+103%-1.525+176%
Price To Total Gains Ratio12.186+51%5.9795.9790%8.731-32%8.267-28%13.104-54%1.232+385%
Quick Ratio----0%-0%-0%-0%-0%
Return On Assets--0.0030.0030%0.003+25%0.003+12%0.003+8%-0.004+213%
Return On Equity--0.0510.0510%0.040+29%0.045+15%0.046+12%-0.087+270%
Total Gains Per Share--2.4172.4170%1.419+70%1.769+37%1.673+44%3.799-36%
Usd Book Value--112454620.200112454620.2000%105300315.900+7%106284824.100+6%100931088.960+11%89918816.130+25%
Usd Book Value Change Per Share--0.0280.0280%0.017+70%0.021+37%0.020+44%0.044-36%
Usd Book Value Per Share--0.4440.4440%0.416+7%0.420+6%0.399+11%0.355+25%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value---1615229394.995-1615229394.9950%-1472126635.147-9%-1491549132.943-8%-1405822484.836-13%-1396308780.329-14%
Usd Eps--0.0230.0230%0.017+37%0.019+21%0.018+23%-0.024+204%
Usd Free Cash Flow--21200739.30021200739.3000%14354004.600+48%7287095.400+191%11849928.480+79%-15132837.330+171%
Usd Free Cash Flow Per Share--0.0840.0840%0.057+48%0.029+191%0.047+79%-0.060+171%
Usd Free Cash Flow To Equity Per Share--0.0840.0840%0.057+48%0.025+241%0.033+151%0.013+528%
Usd Market Cap87179079.780+51%42775487.30542775487.3050%36677390.153+17%41117752.157+4%39714597.764+8%60634612.381-29%
Usd Price Per Share0.345+51%0.1690.1690%0.145+17%0.163+4%0.157+8%0.240-29%
Usd Profit--5775412.5005775412.5000%4200779.700+37%4775733.300+21%4677711.480+23%-6030535.680+204%
Usd Revenue----0%-0%-0%20728646.640-100%24480289.080-100%
Usd Total Gains Per Share--0.0280.0280%0.017+70%0.021+37%0.020+44%0.044-36%
 EOD+4 -4MRQTTM+0 -0YOY+22 -73Y+22 -75Y+22 -1010Y+20 -12

3.3 Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1515.095
Price to Book Ratio (EOD)Between0-10.775
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.936
Debt to Equity Ratio (MRQ)Less than114.744
Return on Equity (MRQ)Greater than0.150.051
Return on Assets (MRQ)Greater than0.050.003
Total2/10 (20.0%)

3.4 Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.839
Ma 20Greater thanMa 5029.649
Ma 50Greater thanMa 10029.958
Ma 100Greater thanMa 20028.212
OpenGreater thanClose30.290
Total2/5 (40.0%)

4. In-depth Analysis

4.1 About Dhanlaxmi Bank Limited

Dhanlaxmi Bank Limited provides various banking and financial services in India. It operates through Treasury Operations, Corporate/Wholesale Banking, Retail Banking, and Other Banking Business Operations segments. The company offers deposit products, such as savings and current accounts, and term deposits; loans, including property, car, commercial, personal, education, and business loans, as well as loans against securities; and foreign exchange services comprising foreign currency cash, cheque deposits, foreign currency demand drafts, remittances, and foreign exchange cards. It also provides export and import services; credit products comprising industrial and trade advance, import export assistance, and agricultural assistance; corporate salary accounts; and cash management services, as well as life, health, and car insurance products. In addition, the company offers non-resident Indians (NRI) banking services, such as non-residential external accounts, non-resident ordinary accounts, recurring and term deposits, foreign currency non-resident fixed deposits, and resident foreign currency accounts, as well as money transfer services and NRI property loans; and micro and agricultural banking, and financial planning services. Further, it provides SME banking services, including working capital facilities, trade facilities, and capacity expansion services; credit, debit, and gift cards; and investment, depository, and online banking services, as well as locker facilities. As of March 31, 2020, it had 247 branches and 254 ATMs across 14 States and 1 Union Territory. The company was founded in 1927 and is headquartered in Thrissur, India.

Fundamental data was last updated by Penke on 2025-06-24 21:18:06.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitย Dhanlaxmi Bank Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • A Net Profit Margin of 0.0%ย means thatย ₹0.00 for each ₹1ย in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y3.3%-3.3%
5Y3.3%10Y-56.9%+60.2%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-54.0%-54.0%
TTM-48.9%-48.9%
YOY-46.4%-46.4%
3Y-70.2%-70.2%
5Y3.3%60.3%-57.0%
10Y-56.9%53.7%-110.6%
4.3.1.2. Return on Assets

Shows howย efficientย Dhanlaxmi Bank Limited is using its assets to generate profit.

  • Above 5% is considered healthyย but always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • 0.3% Return on Assets means thatย Dhanlaxmi Bank Limited generatedย ₹0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%0.0%
TTM0.3%YOY0.3%+0.1%
TTM0.3%5Y0.3%+0.0%
5Y0.3%10Y-0.4%+0.7%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%5.1%-4.8%
TTM0.3%5.1%-4.8%
YOY0.3%2.4%-2.1%
3Y0.3%2.3%-2.0%
5Y0.3%3.3%-3.0%
10Y-0.4%8.4%-8.8%
4.3.1.3. Return on Equity

Shows how efficient Dhanlaxmi Bank Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • 5.1% Return on Equity means Dhanlaxmi Bank Limited generated ₹0.05ย for eachย ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Dhanlaxmi Bank Limited:

  • The MRQ is 5.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.1%0.0%
TTM5.1%YOY4.0%+1.1%
TTM5.1%5Y4.6%+0.6%
5Y4.6%10Y-8.7%+13.3%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%6.9%-1.8%
TTM5.1%6.6%-1.5%
YOY4.0%3.8%+0.2%
3Y4.5%3.5%+1.0%
5Y4.6%3.2%+1.4%
10Y-8.7%4.2%-12.9%
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4.3.2. Operating Efficiency of Dhanlaxmi Bank Limited.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measuresย how efficient Dhanlaxmi Bank Limited is operatingย .

  • Measures how much profit Dhanlaxmi Bank 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 compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • An Operating Margin of 0.0%ย means the company generated ₹0.00 ย for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
4.3.2.2. Operating Ratio

Measures how efficient Dhanlaxmi Bank Limited is keepingย operating costsย low.

  • Below 1 is considered healthy (always compare toย Money Center Banks industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₹0.00 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y0.973-0.973
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.275-0.275
TTM-0.275-0.275
YOY-0.654-0.654
3Y--1.573+1.573
5Y--0.726+0.726
10Y0.9730.055+0.918
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4.4.3. Liquidity of Dhanlaxmi Bank Limited.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Dhanlaxmi Bank Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toย Money Center Banks industry mean).
  • A Current Ratio of 0.00ย means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.053-0.053
5Y0.05310Y0.085-0.032
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.659-0.659
TTM-0.659-0.659
YOY-0.409-0.409
3Y-0.327-0.327
5Y0.0530.677-0.624
10Y0.08512.513-12.428
4.4.3.2. Quick Ratio

Measures if Dhanlaxmi Bank Limited is able to pay off Short-term Debt but only usingย theย most liquid assets.

  • Above 1 is considered healthy butย always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • A Quick Ratio of 0.00ย means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y-0.000
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.332-0.332
TTM-0.332-0.332
YOY-0.390-0.390
3Y-0.227-0.227
5Y-0.573-0.573
10Y-11.294-11.294
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4.5.4. Solvency of Dhanlaxmi Bank Limited.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %ย of Dhanlaxmi Bank Limitedย assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareย Dhanlaxmi Bank Limited to Money Center Banks industry mean.
  • A Debt to Asset Ratio of 0.94ย means that Dhanlaxmi Bank Limited assets areย financed with 93.6% credit (debt) and the remaining percentage (100% - 93.6%)ย is financed by its owners/shareholders.ย 

Let's take a look of the Debt to Asset Ratio trends of Dhanlaxmi Bank Limited:

  • The MRQ is 0.936. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.936. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.936TTM0.9360.000
TTM0.936YOY0.935+0.002
TTM0.9365Y0.935+0.002
5Y0.93510Y0.942-0.007
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9360.498+0.438
TTM0.9360.501+0.435
YOY0.9350.496+0.439
3Y0.9350.497+0.438
5Y0.9350.484+0.451
10Y0.9420.469+0.473
4.5.4.2. Debt to Equity Ratio

Measures ifย Dhanlaxmi Bank Limited is able toย pay off its debts by usingย shareholders equity.

  • Below 2 is considered healthy butย always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • A Debt to Equity ratio of 1,474.4% means that company has ₹14.74 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Dhanlaxmi Bank Limited:

  • The MRQ is 14.744. The company is unable to pay all its debts with equity. -1
  • The TTM is 14.744. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ14.744TTM14.7440.000
TTM14.744YOY14.329+0.415
TTM14.7445Y14.313+0.431
5Y14.31310Y16.611-2.298
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ14.7443.940+10.804
TTM14.7444.160+10.584
YOY14.3294.638+9.691
3Y14.4104.789+9.621
5Y14.3134.669+9.644
10Y16.6114.165+12.446
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measuresย how much money you payย for each share forย every ₹1 in earnings Dhanlaxmi Bank Limited generates.

  • Above 15 is considered overpriced butย always compareย Dhanlaxmi Bank Limited to theย Money Center Banks industry mean.
  • A PE ratio of 7.41 means the investor is paying ₹7.41ย for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Dhanlaxmi Bank Limited:

  • The EOD is 15.095. Based on the earnings, the company is fair priced.
  • The MRQ is 7.406. Based on the earnings, the company is cheap. +2
  • The TTM is 7.406. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD15.095MRQ7.406+7.688
MRQ7.406TTM7.4060.000
TTM7.406YOY8.731-1.325
TTM7.4065Y13.389-5.983
5Y13.38910Y9.679+3.710
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD15.095157.176-142.081
MRQ7.406144.175-136.769
TTM7.406144.439-137.033
YOY8.731262.289-253.558
3Y8.742-41,957.379+41,966.121
5Y13.389-19,470.486+19,483.875
10Y9.679-6,187.393+6,197.072
4.6.2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 4.112. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.018. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.018. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.112MRQ2.018+2.094
MRQ2.018TTM2.0180.000
TTM2.018YOY2.555-0.538
TTM2.0185Y-0.070+2.088
5Y-0.07010Y-1.525+1.455
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD4.1121,144.036-1,139.924
MRQ2.0181,057.311-1,055.293
TTM2.0181,056.785-1,054.767
YOY2.555-1,411.234+1,413.789
3Y0.456-17,746.580+17,747.036
5Y-0.070-29,782.736+29,782.666
10Y-1.525-19,899.882+19,898.357
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofย Dhanlaxmi Bank Limited is to cheap or to expensiveย compared to its book value.

  • At or below 1 is considered healthyย (always compare to Money Center Banks industry mean).
  • A PB ratio of 0.38 means the investor is paying ₹0.38ย for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Dhanlaxmi Bank Limited:

  • The EOD is 0.775. Based on the equity, the company is cheap. +2
  • The MRQ is 0.380. Based on the equity, the company is cheap. +2
  • The TTM is 0.380. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.775MRQ0.380+0.395
MRQ0.380TTM0.3800.000
TTM0.380YOY0.348+0.032
TTM0.3805Y0.397-0.017
5Y0.39710Y0.716-0.318
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD0.77517.428-16.653
MRQ0.38015.991-15.611
TTM0.38015.936-15.556
YOY0.34813.212-12.864
3Y0.388499.611-499.223
5Y0.397794.634-794.237
10Y0.716801.631-800.915
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Retained Earnings  5,081,199657,7855,738,984371,8816,110,865359,0416,469,906-9,443,003-2,973,097



6.2. Latest Balance Sheet

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

Summary
Total Assets151,321,325
Total Liabilities141,709,819
Total Stockholder Equity9,611,506
 As reported
Total Liabilities 141,709,819
Total Stockholder Equity+ 9,611,506
Total Assets = 151,321,325

Assets

Total Assets151,321,325
Total Current Assets0
Long-term Assets0
Total Current Assets
Total Current Assets  (as reported)0
Total Current Assets  (calculated)0
+/-0
Long-term Assets
Property Plant Equipment 2,575,741
Long-term Assets  (as reported)0
Long-term Assets  (calculated)2,575,741
+/- 2,575,741

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity9,611,506
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long term Debt Total 4,923,785
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)4,923,785
+/- 4,923,785
Total Stockholder Equity
Common Stock2,530,121
Retained Earnings -2,973,097
Capital Surplus 10,054,482
Total Stockholder Equity (as reported)9,611,506
Total Stockholder Equity (calculated)9,611,506
+/-0
Other
Common Stock Shares Outstanding 253,012
Liabilities and Stockholders Equity 151,321,325



6.3. Balance Sheets Structured

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 
146,875,889
143,519,086
124,629,826
123,331,221
122,864,596
117,988,890
122,650,916
130,965,067
137,957,636
151,321,325
151,321,325137,957,636130,965,067122,650,916117,988,890122,864,596123,331,221124,629,826143,519,086146,875,889
   > Total Current Assets 
19,239,287
15,223,799
10,620,033
9,965,581
14,646,618
11,521,443
17,169,431
0
0
0
00017,169,43111,521,44314,646,6189,965,58110,620,03315,223,79919,239,287
       Cash And Cash Equivalents 
11,874,808
8,128,063
3,726,178
3,414,459
8,716,084
6,232,795
14,926,502
0
0
0
00014,926,5026,232,7958,716,0843,414,4593,726,1788,128,06311,874,808
       Inventory 
34,091
36,965
36,965
36,965
36,965
36,965
36,965
0
0
0
00036,96536,96536,96536,96536,96536,96534,091
       Other Current Assets 
7,330,388
7,058,771
6,856,890
6,514,157
7,085,884
6,757,456
6,334,432
0
0
0
0006,334,4326,757,4567,085,8846,514,1576,856,8907,058,7717,330,388
   > Long-term Assets 0000000000
       Property Plant Equipment 
2,123,510
2,027,988
1,789,173
2,142,651
2,037,571
2,020,229
2,136,998
2,249,285
2,210,001
2,575,741
2,575,7412,210,0012,249,2852,136,9982,020,2292,037,5712,142,6511,789,1732,027,9882,123,510
       Long Term Investments 
44,823,049
44,966,451
37,922,357
41,941,490
43,646,007
40,367,001
36,824,028
0
0
0
00036,824,02840,367,00143,646,00741,941,49037,922,35744,966,45144,823,049
       Earning Assets 
0
0
37,922,357
41,941,490
46,334,934
40,367,001
36,824,028
44,389,692
0
0
0044,389,69236,824,02840,367,00146,334,93441,941,49037,922,35700
> Total Liabilities 
139,512,690
136,280,536
119,550,280
116,786,401
115,369,966
110,377,570
114,381,811
122,324,081
128,957,609
141,709,819
141,709,819128,957,609122,324,081114,381,811110,377,570115,369,966116,786,401119,550,280136,280,536139,512,690
   > Total Current Liabilities 
123,796,818
132,612,892
115,514,328
113,817,803
111,783,579
106,850,309
109,574,880
0
0
0
000109,574,880106,850,309111,783,579113,817,803115,514,328132,612,892123,796,818
       Short-term Debt 
13,355,809
9,413,518
2,518,459
1,452,000
0
0
0
0
0
0
0000001,452,0002,518,4599,413,51813,355,809
       Short Long Term Debt 
13,355,809
9,413,518
2,518,459
1,452,000
0
0
0
0
0
0
0000001,452,0002,518,4599,413,51813,355,809
       Accounts payable 
121,332,061
123,816,833
113,537,574
112,936,779
109,196,596
106,033,206
109,040,692
0
0
0
000109,040,692106,033,206109,196,596112,936,779113,537,574123,816,833121,332,061
       Other Current Liabilities 
1,783,556
605,217
399,479
491,624
338,485
302,036
230,053
0
0
0
000230,053302,036338,485491,624399,479605,2171,783,556
   > Long-term Liabilities 0000000000
       Long term Debt Total 
0
0
2,518,459
1,452,000
3,921,741
2,004,000
1,775,000
1,500,000
1,500,000
4,923,785
4,923,7851,500,0001,500,0001,775,0002,004,0003,921,7411,452,0002,518,45900
> Total Stockholder Equity
7,363,199
7,238,550
5,079,546
6,544,820
7,494,630
7,611,320
8,269,105
8,640,986
9,000,027
9,611,506
9,611,5069,000,0278,640,9868,269,1057,611,3207,494,6306,544,8205,079,5467,238,5507,363,199
   Common Stock
1,259,346
1,774,416
1,774,416
2,098,466
2,530,121
2,530,121
2,530,121
2,530,121
2,530,121
2,530,121
2,530,1212,530,1212,530,1212,530,1212,530,1212,530,1212,098,4661,774,4161,774,4161,259,346
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 0000000000
   Capital Surplus 
0
0
0
0
10,054,482
0
0
0
0
10,054,482
10,054,482000010,054,4820000
   Treasury Stock0000000000
   Other Stockholders Equity 
1,185,017
1,206,175
1,146,736
1,775,379
1,810,712
1,864,290
2,093,359
0
0
0
0002,093,3591,864,2901,810,7121,775,3791,146,7361,206,1751,185,017



6.4. Balance Sheets

Currency in INR. All numbers in thousands.




6.5. Cash Flows

Currency in INR. All numbers in thousands.




6.6. Income Statements

Currency in INR. All numbers in thousands.


6.7. Latest Income Statement

Income Statement (annual), 2023-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income0
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)316,1370
EBIT - interestExpense = 0
493,625
493,625
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0316,137
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax316,137
Tax Provision--177,488
Net Income From Continuing Ops0493,625
Net Income493,625
Net Income Applicable To Common Shares493,625
 
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 Dhanlaxmi Bank 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 Dhanlaxmi Bank Limited. The general trend of Dhanlaxmi Bank Limited is BULLISH with 14.3% 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 Dhanlaxmi Bank 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 (14.3%) Bearish trend (-14.3%)
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. Dhanlaxmi Bank Limited 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.

Supportย is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistanceย 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 Dhanlaxmi Bank Limited.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 33.38 < 36.53 < 37.45.

The bearish price targets are: 27.28 > 25.91 > 24.84.

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Dhanlaxmi Bank Limited Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theย moving averageย of the selected period.

  • Moving averages are laggingย 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 Dhanlaxmi Bank Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Dhanlaxmi Bank Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theย momentumย of theย selected period based on two moving averages.

  • MACD is aย lagging momentumย 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 Dhanlaxmi Bank Limited. The current macd is -0.01675323.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Dhanlaxmi Bank Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Dhanlaxmi Bank Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Dhanlaxmi Bank Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Dhanlaxmi Bank Limited Daily Moving Average Convergence/Divergence (MACD) ChartDhanlaxmi Bank 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 Dhanlaxmi Bank Limited. The current adx is 13.82.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 Dhanlaxmi Bank Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Dhanlaxmi Bank 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.
  • Showsย the current trend.
  • Showsย potential entry signals.
  • Showsย ย potential exit signals.
  • Can be used to placeย trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Dhanlaxmi Bank Limited. The current sar is 31.52.

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
Dhanlaxmi Bank Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumย indicator, meaning the signals are instant.
  • Rangesย 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 Dhanlaxmi Bank Limited. The current rsi is 45.84. 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
Dhanlaxmi Bank Limited Daily Relative Strength Index (RSI) ChartDhanlaxmi Bank Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Comparesย a certain price to multiple prices ranging over time.

  • Leadingย momentumย indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Rangesย 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 Dhanlaxmi Bank Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -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 Dhanlaxmi Bank Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Dhanlaxmi Bank Limited Daily Stochastic Oscillator ChartDhanlaxmi Bank 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,ย 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 Dhanlaxmi Bank Limited. The current cci is -2.18793829.

Dhanlaxmi Bank Limited Daily Commodity Channel Index (CCI) ChartDhanlaxmi Bank 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 Dhanlaxmi Bank Limited. The current cmo is -13.86758949.

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
Dhanlaxmi Bank Limited Daily Chande Momentum Oscillator (CMO) ChartDhanlaxmi Bank Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 andย -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 Dhanlaxmi Bank Limited. The current willr is -74.39446367.

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 Dhanlaxmi Bank Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Dhanlaxmi Bank Limited Daily Williams %R ChartDhanlaxmi Bank Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Dhanlaxmi Bank Limited.

Dhanlaxmi Bank 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 Dhanlaxmi Bank Limited. The current atr is 1.03883311.

Dhanlaxmi Bank Limited Daily Average True Range (ATR) ChartDhanlaxmi Bank Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

ย 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 Dhanlaxmi Bank Limited. The current obv is 39,746,195.

Dhanlaxmi Bank Limited Daily On-Balance Volume (OBV) ChartDhanlaxmi Bank 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 Dhanlaxmi Bank Limited. The current mfi is 64.14.

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
Dhanlaxmi Bank Limited Daily Money Flow Index (MFI) ChartDhanlaxmi Bank Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Dhanlaxmi Bank 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
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-17MACD 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
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-03WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-03-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2025-03-24ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-25ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-26STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-03-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-03-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-04-15STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-04-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-30DMI 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
2025-05-02CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-05-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-27DMI 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.
2025-05-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-11MACD 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
2025-06-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-19STOCH 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).
2025-06-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-27CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-07-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-04DMI 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
2025-07-07DMI 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
2025-07-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-07-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-07-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Dhanlaxmi Bank Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.839
Ma 20Greater thanMa 5029.649
Ma 50Greater thanMa 10029.958
Ma 100Greater thanMa 20028.212
OpenGreater thanClose30.290
Total2/5 (40.0%)
Penke
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