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Granules India Limited
Buy, Hold or Sell?

Let's analyse Granules India Limited together

PenkeI guess you are interested in Granules 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 Granules 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Granules India Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR104.29
Expected worth in 1 year
INR170.48
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR72.18
Return On Investment
16.8%

For what price can you sell your share?

Current Price per Share
INR429.80
Expected price per share
INR399.60 - INR480.50
How sure are you?
50%

1. Valuation of Granules India Limited (5 min.)




Live pricePrice per Share (EOD)

INR429.80

Intrinsic Value Per Share

INR-28.65 - INR66.34

Total Value Per Share

INR75.64 - INR170.64

2. Growth of Granules India Limited (5 min.)




Is Granules India Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$310.3m$260.7m$49.5m16.0%

How much money is Granules India Limited making?

Current yearPrevious yearGrowGrow %
Making money$49.5m$65.9m-$16.4m-33.1%
Net Profit Margin11.0%17.0%--

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

3. Financial Health of Granules India Limited (5 min.)




4. Comparing to competitors in the Drug Manufacturers - Major industry (5 min.)




  Industry Rankings (Drug Manufacturers - Major)  

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

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

What can you expect buying and holding a share of Granules India Limited?

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

Speculation

The Price per Share of Granules India Limited is INR429.80. 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 Granules 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 Granules 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 INR104.29. Based on the TTM, the Book Value Change Per Share is INR16.55 per quarter. Based on the YOY, the Book Value Change Per Share is INR15.23 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 INR1.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Granules 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 Eps0.200.0%0.200.0%0.270.1%0.160.0%0.110.0%
Usd Book Value Change Per Share0.200.0%0.200.0%0.180.0%0.160.0%0.140.0%
Usd Dividend Per Share0.020.0%0.020.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.220.1%0.220.1%0.190.0%0.180.0%0.150.0%
Usd Price Per Share3.68-3.68-3.64-2.33-2.09-
Price to Earnings Ratio18.40-18.40-13.67-15.01-25.26-
Price-to-Total Gains Ratio16.97-16.97-18.69-12.83-14.62-
Price to Book Ratio2.94-2.94-3.46-2.46-4.80-
Price-to-Total Gains Ratio16.97-16.97-18.69-12.83-14.62-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.1576
Number of shares193
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.200.16
Usd Total Gains Per Share0.220.18
Gains per Quarter (193 shares)41.7934.21
Gains per Year (193 shares)167.17136.84
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11415315711126127
22830732422251264
34246049134377401
45661365845503538
56976682556628675
68392099267754812
7971073115978879949
8111122613269010051086
91251380149310111311223
101391533166011212561360

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%9.00.00.0100.0%9.00.00.0100.0%
Book Value Change 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%
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%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%

Fundamentals of Granules India Limited

About Granules India Limited

Granules India Limited manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India and internationally. The company's APIs in various therapeutic categories include anti-retrovirals, anti-hypertensives, anti-histamines, anti-infectives, analgesics, anti-coagulants, anti-fibriotics, and platelet inhibitors. It also offers various FDs, such as tablets, caplets, and press-fit capsules in bulk, blister packs, and bottles; and other specialty products for oncology. The Company also exports its products. Granules India Limited was founded in 1984 and is based in Hyderabad, India.

Fundamental data was last updated by Penke on 2024-03-26 11:39:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not 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.

1.1. Profitability of Granules India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Granules India Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Granules India Limited to the Drug Manufacturers - Major industry mean.
  • A Net Profit Margin of 11.0% means that ₹0.11 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 11.0%. The company is making a huge profit. +2
  • The TTM is 11.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.0%TTM11.0%0.0%
TTM11.0%YOY17.0%-6.0%
TTM11.0%5Y11.8%-0.8%
5Y11.8%10Y10.4%+1.4%
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0%10.6%+0.4%
TTM11.0%10.6%+0.4%
YOY17.0%13.3%+3.7%
5Y11.8%10.2%+1.6%
10Y10.4%10.1%+0.3%
1.1.2. Return on Assets

Shows how efficient Granules India Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Granules India Limited to the Drug Manufacturers - Major industry mean.
  • 9.1% Return on Assets means that Granules India Limited generated ₹0.09 profit for each $1 in assets.

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

  • The MRQ is 9.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 9.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ9.1%TTM9.1%0.0%
TTM9.1%YOY14.8%-5.7%
TTM9.1%5Y9.4%-0.3%
5Y9.4%10Y8.8%+0.7%
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ9.1%8.3%+0.8%
TTM9.1%8.3%+0.8%
YOY14.8%9.5%+5.3%
5Y9.4%9.7%-0.3%
10Y8.8%8.3%+0.5%
1.1.3. Return on Equity

Shows how efficient Granules India Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Granules India Limited to the Drug Manufacturers - Major industry mean.
  • 16.0% Return on Equity means Granules India Limited generated ₹0.16 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 16.0%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 16.0%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.0%TTM16.0%0.0%
TTM16.0%YOY25.3%-9.3%
TTM16.0%5Y17.0%-1.1%
5Y17.0%10Y18.2%-1.2%
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ16.0%12.6%+3.4%
TTM16.0%12.6%+3.4%
YOY25.3%12.3%+13.0%
5Y17.0%16.3%+0.7%
10Y18.2%13.7%+4.5%

1.2. Operating Efficiency of Granules India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Granules India Limited is operating .

  • Measures how much profit Granules 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 Granules India Limited to the Drug Manufacturers - Major 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 Granules 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-5Y12.2%-12.2%
5Y12.2%10Y13.0%-0.8%
1.2.2. Operating Ratio

Measures how efficient Granules India Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Drug Manufacturers - Major industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are ₹0.51 for each ₹1 in net sales.

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

  • The MRQ is 0.514. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.514. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.514TTM0.5140.000
TTM0.514YOY0.442+0.072
TTM0.5145Y1.030-0.516
5Y1.03010Y1.206-0.176
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5140.497+0.017
TTM0.5140.497+0.017
YOY0.4420.469-0.027
5Y1.0300.813+0.217
10Y1.2061.171+0.035

1.3. Liquidity of Granules India Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Granules India Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Drug Manufacturers - Major industry mean).
  • A Current Ratio of 1.53 means the company has ₹1.53 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.526. The company is able to pay all its short-term debts. +1
  • The TTM is 1.526. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.526TTM1.5260.000
TTM1.526YOY1.702-0.176
TTM1.5265Y1.567-0.041
5Y1.56710Y1.403+0.163
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5262.176-0.650
TTM1.5262.176-0.650
YOY1.7022.121-0.419
5Y1.5671.911-0.344
10Y1.4031.566-0.163
1.3.2. Quick Ratio

Measures if Granules 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 Granules India Limited to the Drug Manufacturers - Major industry mean.
  • A Quick Ratio of 0.87 means the company can pay off ₹0.87 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.870. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.870. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.870TTM0.8700.000
TTM0.870YOY1.065-0.195
TTM0.8705Y0.937-0.067
5Y0.93710Y0.773+0.164
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8701.584-0.714
TTM0.8701.584-0.714
YOY1.0651.767-0.702
5Y0.9371.430-0.493
10Y0.7731.030-0.257

1.4. Solvency of Granules India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Granules India Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Granules India Limited to Drug Manufacturers - Major industry mean.
  • A Debt to Asset Ratio of 0.43 means that Granules India Limited assets are financed with 42.7% credit (debt) and the remaining percentage (100% - 42.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.427. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.427. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.427TTM0.4270.000
TTM0.427YOY0.415+0.012
TTM0.4275Y0.454-0.027
5Y0.45410Y0.517-0.062
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4270.402+0.025
TTM0.4270.402+0.025
YOY0.4150.403+0.012
5Y0.4540.433+0.021
10Y0.5170.486+0.031
1.4.2. Debt to Equity Ratio

Measures if Granules India Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Granules India Limited to the Drug Manufacturers - Major industry mean.
  • A Debt to Equity ratio of 74.5% means that company has ₹0.74 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.745. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.745. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.745TTM0.7450.000
TTM0.745YOY0.709+0.036
TTM0.7455Y0.841-0.097
5Y0.84110Y1.136-0.295
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7450.516+0.229
TTM0.7450.516+0.229
YOY0.7090.556+0.153
5Y0.8410.588+0.253
10Y1.1360.857+0.279

2. Market Valuation of Granules 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 Granules India Limited generates.

  • Above 15 is considered overpriced but always compare Granules India Limited to the Drug Manufacturers - Major industry mean.
  • A PE ratio of 18.40 means the investor is paying ₹18.40 for every ₹1 in earnings.

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

  • The EOD is 25.825. Based on the earnings, the company is overpriced. -1
  • The MRQ is 18.404. Based on the earnings, the company is fair priced.
  • The TTM is 18.404. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD25.825MRQ18.404+7.421
MRQ18.404TTM18.4040.000
TTM18.404YOY13.672+4.732
TTM18.4045Y15.014+3.390
5Y15.01410Y25.265-10.251
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
EOD25.82517.398+8.427
MRQ18.40410.473+7.931
TTM18.40410.473+7.931
YOY13.67213.6720.000
5Y15.0149.785+5.229
10Y25.2659.992+15.273
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -162.358. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -115.706. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -115.706. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-162.358MRQ-115.706-46.653
MRQ-115.706TTM-115.7060.000
TTM-115.706YOY46.619-162.325
TTM-115.7065Y-46.361-69.345
5Y-46.36110Y42.757-89.118
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
EOD-162.35848.210-210.568
MRQ-115.70617.381-133.087
TTM-115.70617.381-133.087
YOY46.61920.356+26.263
5Y-46.36114.021-60.382
10Y42.7576.307+36.450
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Drug Manufacturers - Major industry mean).
  • A PB ratio of 2.94 means the investor is paying ₹2.94 for each ₹1 in book value.

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

  • The EOD is 4.121. Based on the equity, the company is fair priced.
  • The MRQ is 2.937. Based on the equity, the company is underpriced. +1
  • The TTM is 2.937. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.121MRQ2.937+1.184
MRQ2.937TTM2.9370.000
TTM2.937YOY3.457-0.520
TTM2.9375Y2.458+0.479
5Y2.45810Y4.805-2.347
Compared to industry (Drug Manufacturers - Major)
PeriodCompanyIndustry (mean)+/- 
EOD4.1212.397+1.724
MRQ2.9371.350+1.587
TTM2.9371.350+1.587
YOY3.4571.439+2.018
5Y2.4581.472+0.986
10Y4.8052.335+2.470
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Granules 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--16.54616.5460%15.230+9%13.561+22%11.588+43%
Book Value Per Share--104.293104.2930%87.747+19%75.218+39%52.342+99%
Current Ratio--1.5261.5260%1.702-10%1.567-3%1.403+9%
Debt To Asset Ratio--0.4270.4270%0.415+3%0.454-6%0.517-17%
Debt To Equity Ratio--0.7450.7450%0.709+5%0.841-11%1.136-34%
Dividend Per Share--1.4991.4990%0.998+50%1.210+24%0.936+60%
Eps--16.64316.6430%22.185-25%13.308+25%9.429+77%
Free Cash Flow Per Share---2.647-2.6470%6.506-141%-0.591-78%-1.655-37%
Free Cash Flow To Equity Per Share--5.0145.0140%-5.579+211%0.878+471%0.538+831%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--66.343--------
Intrinsic Value_10Y_min---28.652--------
Intrinsic Value_1Y_max--5.454--------
Intrinsic Value_1Y_min---1.178--------
Intrinsic Value_3Y_max--17.298--------
Intrinsic Value_3Y_min---5.027--------
Intrinsic Value_5Y_max--30.238--------
Intrinsic Value_5Y_min---10.476--------
Market Cap106436098361.600+29%75964170414.00075964170414.0000%75119766840.000+1%48585314087.600+56%43477852310.533+75%
Net Profit Margin--0.1100.1100%0.170-35%0.118-7%0.104+6%
Operating Margin----0%-0%0.122-100%0.130-100%
Operating Ratio--0.5140.5140%0.442+16%1.030-50%1.206-57%
Pb Ratio4.121+29%2.9372.9370%3.457-15%2.458+20%4.805-39%
Pe Ratio25.825+29%18.40418.4040%13.672+35%15.014+23%25.265-27%
Price Per Share429.800+29%306.300306.3000%303.300+1%194.200+58%174.461+76%
Price To Free Cash Flow Ratio-162.358-40%-115.706-115.7060%46.619-348%-46.361-60%42.757-371%
Price To Total Gains Ratio23.818+29%16.97416.9740%18.690-9%12.831+32%14.620+16%
Quick Ratio--0.8700.8700%1.065-18%0.937-7%0.773+12%
Return On Assets--0.0910.0910%0.148-38%0.094-3%0.088+4%
Return On Equity--0.1600.1600%0.253-37%0.170-6%0.182-12%
Total Gains Per Share--18.04518.0450%16.228+11%14.771+22%12.524+44%
Usd Book Value--310383948.000310383948.0000%260792916.000+19%226492327.200+37%157193350.667+97%
Usd Book Value Change Per Share--0.1990.1990%0.183+9%0.163+22%0.139+43%
Usd Book Value Per Share--1.2521.2520%1.053+19%0.903+39%0.628+99%
Usd Dividend Per Share--0.0180.0180%0.012+50%0.015+24%0.011+60%
Usd Eps--0.2000.2000%0.266-25%0.160+25%0.113+77%
Usd Free Cash Flow---7878336.000-7878336.0000%19336344.000-141%-1849286.400-77%-4970465.333-37%
Usd Free Cash Flow Per Share---0.032-0.0320%0.078-141%-0.007-78%-0.020-37%
Usd Free Cash Flow To Equity Per Share--0.0600.0600%-0.067+211%0.011+471%0.006+831%
Usd Market Cap1277233180.339+29%911570044.968911570044.9680%901437202.080+1%583023769.051+56%521734227.726+75%
Usd Price Per Share5.158+29%3.6763.6760%3.640+1%2.330+58%2.094+76%
Usd Profit--49530948.00049530948.0000%65935080.000-25%39998757.600+24%28270314.667+75%
Usd Revenue--451790520.000451790520.0000%388505136.000+16%325731751.200+39%250418178.667+80%
Usd Total Gains Per Share--0.2170.2170%0.195+11%0.177+22%0.150+44%
 EOD+5 -3MRQTTM+0 -0YOY+17 -175Y+23 -1210Y+29 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1525.825
Price to Book Ratio (EOD)Between0-14.121
Net Profit Margin (MRQ)Greater than00.110
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.870
Current Ratio (MRQ)Greater than11.526
Debt to Asset Ratio (MRQ)Less than10.427
Debt to Equity Ratio (MRQ)Less than10.745
Return on Equity (MRQ)Greater than0.150.160
Return on Assets (MRQ)Greater than0.050.091
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.956
Ma 20Greater thanMa 50439.860
Ma 50Greater thanMa 100434.678
Ma 100Greater thanMa 200409.148
OpenGreater thanClose433.500
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets45,128,976
Total Liabilities19,263,647
Total Stockholder Equity25,865,329
 As reported
Total Liabilities 19,263,647
Total Stockholder Equity+ 25,865,329
Total Assets = 45,128,976

Assets

Total Assets45,128,976
Total Current Assets25,049,815
Long-term Assets0
Total Current Assets
Short-term Investments 2,114,380
Net Receivables 9,249,544
Inventory 10,120,555
Other Current Assets 2,289,519
Total Current Assets  (as reported)25,049,815
Total Current Assets  (calculated)23,773,998
+/- 1,275,817
Long-term Assets
Property Plant Equipment 15,956,393
Intangible Assets 3,017,659
Long-term Assets  (as reported)0
Long-term Assets  (calculated)18,974,052
+/- 18,974,052

Liabilities & Shareholders' Equity

Total Current Liabilities16,416,000
Long-term Liabilities0
Total Stockholder Equity25,865,329
Total Current Liabilities
Short-term Debt 7,655,765
Total Current Liabilities  (as reported)16,416,000
Total Current Liabilities  (calculated)7,655,765
+/- 8,760,235
Long-term Liabilities
Long term Debt Total 2,419,818
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)2,419,818
+/- 2,419,818
Total Stockholder Equity
Common Stock248,006
Retained Earnings 20,591,848
Capital Surplus 4,560,409
Other Stockholders Equity 297,855
Total Stockholder Equity (as reported)25,865,329
Total Stockholder Equity (calculated)25,698,118
+/- 167,211
Other
Cash And Equivalents796,093
Cash and Short Term Investments 2,910,473
Common Stock Shares Outstanding 248,006
Liabilities and Stockholders Equity 45,128,976
Net Working Capital 8,633,815



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 
9,920,134
12,027,115
15,629,722
18,787,186
26,772,267
29,828,132
32,283,571
37,134,504
45,128,976
45,128,97637,134,50432,283,57129,828,13226,772,26718,787,18615,629,72212,027,1159,920,134
   > Total Current Assets 
3,769,215
5,003,587
8,180,015
8,281,641
11,865,657
12,822,417
16,286,981
19,970,017
25,049,815
25,049,81519,970,01716,286,98112,822,41711,865,6578,281,6418,180,0155,003,5873,769,215
       Cash And Cash Equivalents 
417,471
653,066
1,241,957
314,974
830,000
483,761
2,839,427
407,039
0
0407,0392,839,427483,761830,000314,9741,241,957653,066417,471
       Short-term Investments 
0
0
0
24,746
0
0
36,097
2,214,243
2,114,380
2,114,3802,214,24336,0970024,746000
       Net Receivables 
1,274,230
2,023,499
3,753,458
4,177,002
6,282,511
6,735,424
6,620,357
7,654,201
9,249,544
9,249,5447,654,2016,620,3576,735,4246,282,5114,177,0023,753,4582,023,4991,274,230
       Inventory 
1,741,634
2,245,166
2,537,181
2,691,784
3,022,628
4,119,290
4,384,308
8,208,476
10,120,555
10,120,5558,208,4764,384,3084,119,2903,022,6282,691,7842,537,1812,245,1661,741,634
       Other Current Assets 
301,010
37,590
519,057
594,119
994,137
798,260
2,328,027
895,629
2,289,519
2,289,519895,6292,328,027798,260994,137594,119519,05737,590301,010
   > Long-term Assets 
0
0
0
10,413,663
14,906,610
17,005,715
15,996,590
0
0
0015,996,59017,005,71514,906,61010,413,663000
       Property Plant Equipment 
4,992,092
5,900,775
5,536,387
6,989,850
9,908,626
10,710,565
11,368,425
12,559,932
15,956,393
15,956,39312,559,93211,368,42510,710,5659,908,6266,989,8505,536,3875,900,7754,992,092
       Long Term Investments 
1,914
1,914
701,076
1,082,294
0
0
0
0
0
000001,082,294701,0761,9141,914
       Intangible Assets 
1,078,209
885,073
828,545
2,127,808
3,003,831
3,691,431
3,613,358
3,150,842
3,017,659
3,017,6593,150,8423,613,3583,691,4313,003,8312,127,808828,545885,0731,078,209
       Long-term Assets Other 
0
0
0
184,387
224,394
0
597,487
0
0
00597,4870224,394184,387000
> Total Liabilities 
6,360,513
7,715,480
9,013,722
9,751,232
13,730,508
14,533,401
13,846,330
15,401,761
19,263,647
19,263,64715,401,76113,846,33014,533,40113,730,5089,751,2329,013,7227,715,4806,360,513
   > Total Current Liabilities 
2,925,382
4,150,280
6,547,495
7,871,328
8,779,113
8,964,820
8,933,980
11,730,981
16,416,000
16,416,00011,730,9818,933,9808,964,8208,779,1137,871,3286,547,4954,150,2802,925,382
       Short-term Debt 
4,417,284
4,822,289
3,928,542
4,738,330
5,250,995
4,542,061
3,716,909
4,092,705
7,655,765
7,655,7654,092,7053,716,9094,542,0615,250,9954,738,3303,928,5424,822,2894,417,284
       Short Long Term Debt 
4,417,284
4,822,289
6,413,947
6,565,019
5,453,111
5,123,969
3,716,909
0
0
003,716,9095,123,9695,453,1116,565,0196,413,9474,822,2894,417,284
       Accounts payable 
1,355,445
1,876,253
1,810,986
2,159,756
2,743,478
3,234,774
4,300,221
0
0
004,300,2213,234,7742,743,4782,159,7561,810,9861,876,2531,355,445
       Other Current Liabilities 
183,016
367,085
43,149
185,551
389,314
342,552
386,511
0
0
00386,511342,552389,314185,55143,149367,085183,016
   > Long-term Liabilities 
0
0
0
1,879,904
4,951,395
5,568,581
4,912,350
0
0
004,912,3505,568,5814,951,3951,879,904000
       Long term Debt Total 
0
0
1,842,127
1,242,423
4,331,302
4,787,825
4,215,225
3,411,433
2,419,818
2,419,8183,411,4334,215,2254,787,8254,331,3021,242,4231,842,12700
       Deferred Long Term Liability 
35,374
26,666
0
0
0
0
0
0
0
000000026,66635,374
> Total Stockholder Equity
3,559,621
4,311,635
6,616,000
9,035,954
13,041,759
15,294,731
18,437,241
21,732,743
25,865,329
25,865,32921,732,74318,437,24115,294,73113,041,7599,035,9546,616,0004,311,6353,559,621
   Common Stock
202,812
204,252
216,712
228,703
253,838
254,248
254,248
247,675
248,006
248,006247,675254,248254,248253,838228,703216,712204,252202,812
   Retained Earnings 
2,001,087
2,742,175
4,150,342
5,448,857
6,484,270
8,541,962
18,182,993
16,836,549
20,591,848
20,591,84816,836,54918,182,9938,541,9626,484,2705,448,8574,150,3422,742,1752,001,087
   Capital Surplus 
0
0
2,248,946
3,337,639
6,242,909
6,252,054
6,252,054
4,528,635
4,560,409
4,560,4094,528,6356,252,0546,252,0546,242,9093,337,6392,248,94600
   Treasury Stock000000000
   Other Stockholders Equity 
164,918
162,239
315,125
-3,725
6,624
136,867
158,716
-102,889
297,855
297,855-102,889158,716136,8676,624-3,725315,125162,239164,918



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue45,119,170
Cost of Revenue-23,598,740
Gross Profit21,520,43021,520,430
 
Operating Income (+$)
Gross Profit21,520,430
Operating Expense--
Operating Income7,376,43021,520,430
 
Operating Expense (+$)
Research Development-
Selling General Administrative12,174,550
Selling And Marketing Expenses-
Operating Expense-12,174,550
 
Net Interest Income (+$)
Interest Income373,150
Interest Expense--
Other Finance Cost-373,150
Net Interest Income-
 
Pretax Income (+$)
Operating Income7,376,430
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)6,871,7307,376,430
EBIT - interestExpense = 0
5,165,970
5,165,970
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-6,871,730
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax6,871,730
Tax Provision-1,705,760
Net Income From Continuing Ops-5,165,970
Net Income5,165,970
Net Income Applicable To Common Shares5,165,970
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-0
 

Technical Analysis of Granules 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 Granules India Limited. The general trend of Granules India Limited is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Granules 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 (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Granules India 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: 480.50.

The bearish price targets are: 409.85 > 403.60 > 399.60.

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Granules 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 Granules India Limited. The current mas is .

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

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

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Granules 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 Granules India Limited. The current macd is -4.4107725.

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 Granules India 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 Granules India 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 Granules India 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Granules India Limited Daily Moving Average Convergence/Divergence (MACD) ChartGranules 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 Granules India Limited. The current adx is 25.67.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Granules India Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Granules 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 Granules India Limited. The current sar is 405.25.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Granules India Limited Daily Parabolic SAR Chart

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 Granules India Limited. The current rsi is 46.96. 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
Granules India Limited Daily Relative Strength Index (RSI) ChartGranules 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 Granules India 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 Granules India Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Granules India Limited Daily Stochastic Oscillator ChartGranules 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 Granules India Limited. The current cci is -28.90681604.

Granules India Limited Daily Commodity Channel Index (CCI) ChartGranules 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 Granules India Limited. The current cmo is -5.94441261.

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
Granules India Limited Daily Chande Momentum Oscillator (CMO) ChartGranules 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 Granules India Limited. The current willr is -61.33858268.

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 Granules India Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Granules India Limited Daily Williams %R ChartGranules India Limited Daily Williams %R Chart

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 Granules India Limited.

Granules 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 Granules India Limited. The current atr is 12.95.

Granules India Limited Daily Average True Range (ATR) ChartGranules India Limited Daily Average True Range (ATR) Chart

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 Granules India Limited. The current obv is 6,026,413.

Granules India Limited Daily On-Balance Volume (OBV) ChartGranules 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 Granules India Limited. The current mfi is 19.38.

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

  • MFI < 50: -1
  • MFI < 20: -1
Granules India Limited Daily Money Flow Index (MFI) ChartGranules India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Granules 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
2023-11-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-03WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20SAR 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22DMI 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
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-11DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH 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).
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Granules India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.956
Ma 20Greater thanMa 50439.860
Ma 50Greater thanMa 100434.678
Ma 100Greater thanMa 200409.148
OpenGreater thanClose433.500
Total4/5 (80.0%)
Penke

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