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Andhra Cements Limited
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Let's analyse Andhra Cements Limited together

PenkeI guess you are interested in Andhra Cements 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 Andhra Cements 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 Andhra Cements Limited (30 sec.)










What can you expect buying and holding a share of Andhra Cements 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
INR38.55
Expected worth in 1 year
INR590.61
How sure are you?
10.0%

+ What do you gain per year?

Total Gains per Share
INR552.06
Return On Investment
687.9%

For what price can you sell your share?

Current Price per Share
INR80.25
Expected price per share
INR54.90 - INR89.40
How sure are you?
50%

1. Valuation of Andhra Cements Limited (5 min.)




Live pricePrice per Share (EOD)

INR80.25

Intrinsic Value Per Share

INR-164.55 - INR78.74

Total Value Per Share

INR-126.00 - INR117.29

2. Growth of Andhra Cements Limited (5 min.)




Is Andhra Cements Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$42.6m-$109.9m$152.6m358.0%

How much money is Andhra Cements Limited making?

Current yearPrevious yearGrowGrow %
Making money$113.9m-$28.5m$142.4m125.0%
Net Profit Margin7,194.1%-8,801,837.0%--

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

3. Financial Health of Andhra Cements Limited (5 min.)




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

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

What can you expect buying and holding a share of Andhra Cements Limited?

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

Speculation

The Price per Share of Andhra Cements Limited is INR80.25. 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 Andhra Cements 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 Andhra Cements 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 INR38.55. Based on the TTM, the Book Value Change Per Share is INR138.02 per quarter. Based on the YOY, the Book Value Change Per Share is INR-25.64 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 Andhra Cements Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.241.5%1.241.5%-0.31-0.4%0.040.1%0.000.0%
Usd Book Value Change Per Share1.662.1%1.662.1%-0.31-0.4%0.100.1%0.030.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share1.662.1%1.662.1%-0.31-0.4%0.100.1%0.030.0%
Usd Price Per Share1.19-1.19-0.18-0.30-0.20-
Price to Earnings Ratio0.96-0.96--0.57--0.04--1.56-
Price-to-Total Gains Ratio0.72-0.72--0.57--0.07--1.41-
Price to Book Ratio2.57-2.57--0.15-0.43-0.14-
Price-to-Total Gains Ratio0.72-0.72--0.57--0.07--1.41-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.963
Number of shares1038
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share1.660.10
Usd Total Gains Per Share1.660.10
Gains per Quarter (1038 shares)1,719.12107.47
Gains per Year (1038 shares)6,876.46429.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10687668660430420
2013753137420860850
302062920618012901280
402750627494017191710
503438234370021492140
604125941246025792570
704813548122030093000
805501254998034393430
906188861874038693860
1006876568750042994290

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%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%3.010.00.023.1%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%2.011.00.015.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.013.00.0%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%1.09.00.010.0%2.011.00.015.4%

Fundamentals of Andhra Cements Limited

About Andhra Cements Limited

Andhra Cements Limited engages in the manufacture and sale of cement and cement related products in India. It sells its products under the SAGAR CEMENT brand name. The company was formerly known as Andhra Cement Company Limited and changed its name to Andhra Cements Limited in December 1990. Andhra Cements Limited was incorporated in 1936 and is based in Hyderabad, India. Andhra Cements Limited is a subsidiary of Sagar Cements Limited.

Fundamental data was last updated by Penke on 2024-03-23 06:14:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just 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 cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Andhra Cements Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Andhra Cements Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Andhra Cements Limited to the  industry mean.
  • A Net Profit Margin of 7,194.1% means that ₹71.94 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Andhra Cements Limited:

  • The MRQ is 7,194.1%. The company is making a huge profit. +2
  • The TTM is 7,194.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ7,194.1%TTM7,194.1%0.0%
TTM7,194.1%YOY-8,801,837.0%+8,809,031.1%
TTM7,194.1%5Y-1,798,892.4%+1,806,086.5%
5Y-1,798,892.4%10Y-899,458.2%-899,434.2%
1.1.2. Return on Assets

Shows how efficient Andhra Cements Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Andhra Cements Limited to the  industry mean.
  • 104.5% Return on Assets means that Andhra Cements Limited generated ₹1.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Andhra Cements Limited:

  • The MRQ is 104.5%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 104.5%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ104.5%TTM104.5%0.0%
TTM104.5%YOY-27.5%+132.0%
TTM104.5%5Y4.3%+100.2%
5Y4.3%10Y-1.1%+5.4%
1.1.3. Return on Equity

Shows how efficient Andhra Cements Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Andhra Cements Limited to the  industry mean.
  • 267.3% Return on Equity means Andhra Cements Limited generated ₹2.67 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Andhra Cements Limited:

  • The MRQ is 267.3%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 267.3%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ267.3%TTM267.3%0.0%
TTM267.3%YOY-+267.3%
TTM267.3%5Y53.5%+213.9%
5Y53.5%10Y7.4%+46.1%

1.2. Operating Efficiency of Andhra Cements Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Andhra Cements Limited is operating .

  • Measures how much profit Andhra Cements 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 Andhra Cements Limited to the  industry mean.
  • An Operating Margin of -547.4% means the company generated ₹-5.47  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Andhra Cements Limited:

  • The MRQ is -547.4%. The company is operating very inefficient. -2
  • The TTM is -547.4%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-547.4%TTM-547.4%0.0%
TTM-547.4%YOY-2,838,507.4%+2,837,960.0%
TTM-547.4%5Y-582,466.7%+581,919.3%
5Y-582,466.7%10Y-291,232.3%-291,234.4%
1.2.2. Operating Ratio

Measures how efficient Andhra Cements Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 5.51 means that the operating costs are ₹5.51 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Andhra Cements Limited:

  • The MRQ is 5.511. The company is inefficient in keeping operating costs low. -1
  • The TTM is 5.511. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ5.511TTM5.5110.000
TTM5.511YOY28,591.852-28,586.341
TTM5.5115Y5,869.459-5,863.948
5Y5,869.45910Y2,935.171+2,934.288

1.3. Liquidity of Andhra Cements Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Andhra Cements Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.39 means the company has ₹2.39 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Andhra Cements Limited:

  • The MRQ is 2.385. The company is able to pay all its short-term debts. +1
  • The TTM is 2.385. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.385TTM2.3850.000
TTM2.385YOY0.010+2.375
TTM2.3855Y0.520+1.865
5Y0.52010Y0.405+0.115
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Andhra Cements Limited to the  industry mean.
  • A Quick Ratio of 2.31 means the company can pay off ₹2.31 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Andhra Cements Limited:

  • The MRQ is 2.306. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.306. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.306TTM2.3060.000
TTM2.306YOY0.003+2.303
TTM2.3065Y0.486+1.819
5Y0.48610Y0.300+0.186

1.4. Solvency of Andhra Cements Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Andhra Cements Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Andhra Cements Limited to industry mean.
  • A Debt to Asset Ratio of 0.61 means that Andhra Cements Limited assets are financed with 60.9% credit (debt) and the remaining percentage (100% - 60.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Andhra Cements Limited:

  • The MRQ is 0.609. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.609. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.609TTM0.6090.000
TTM0.609YOY2.062-1.453
TTM0.6095Y1.434-0.825
5Y1.43410Y1.196+0.238
1.4.2. Debt to Equity Ratio

Measures if Andhra Cements Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Andhra Cements Limited to the  industry mean.
  • A Debt to Equity ratio of 155.8% means that company has ₹1.56 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Andhra Cements Limited:

  • The MRQ is 1.558. The company is just able to pay all its debts with equity.
  • The TTM is 1.558. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.558TTM1.5580.000
TTM1.558YOY-+1.558
TTM1.5585Y0.312+1.247
5Y0.31210Y2.923-2.612

2. Market Valuation of Andhra Cements 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 Andhra Cements Limited generates.

  • Above 15 is considered overpriced but always compare Andhra Cements Limited to the  industry mean.
  • A PE ratio of 0.96 means the investor is paying ₹0.96 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Andhra Cements Limited:

  • The EOD is 0.779. Based on the earnings, the company is cheap. +2
  • The MRQ is 0.961. Based on the earnings, the company is cheap. +2
  • The TTM is 0.961. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.779MRQ0.961-0.182
MRQ0.961TTM0.9610.000
TTM0.961YOY-0.571+1.532
TTM0.9615Y-0.041+1.002
5Y-0.04110Y-1.557+1.517
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -26.095. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -32.192. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -32.192. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-26.095MRQ-32.192+6.097
MRQ-32.192TTM-32.1920.000
TTM-32.192YOY0.895-33.086
TTM-32.1925Y-5.719-26.473
5Y-5.71910Y-1.691-4.027
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 2.57 means the investor is paying ₹2.57 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Andhra Cements Limited:

  • The EOD is 2.082. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.568. Based on the equity, the company is underpriced. +1
  • The TTM is 2.568. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.082MRQ2.568-0.486
MRQ2.568TTM2.5680.000
TTM2.568YOY-0.147+2.715
TTM2.5685Y0.433+2.135
5Y0.43310Y0.144+0.290
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Andhra Cements 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--138.015138.0150%-25.642+119%8.628+1500%2.722+4969%
Book Value Per Share--38.54938.5490%-99.466+358%-44.216+215%-21.148+155%
Current Ratio--2.3852.3850%0.010+22931%0.520+359%0.405+489%
Debt To Asset Ratio--0.6090.6090%2.062-70%1.434-58%1.196-49%
Debt To Equity Ratio--1.5581.5580%-+100%0.312+400%2.923-47%
Dividend Per Share----0%-0%-0%-0%
Eps--103.048103.0480%-25.642+125%3.469+2871%0.360+28526%
Free Cash Flow Per Share---3.075-3.0750%16.376-119%8.253-137%4.073-176%
Free Cash Flow To Equity Per Share--5.5875.5870%-0.064+101%0.523+967%0.091+6028%
Gross Profit Margin--1.0001.0000%1.0000%1.136-12%1.098-9%
Intrinsic Value_10Y_max--78.745--------
Intrinsic Value_10Y_min---164.550--------
Intrinsic Value_1Y_max--8.562--------
Intrinsic Value_1Y_min---1.122--------
Intrinsic Value_3Y_max--25.214--------
Intrinsic Value_3Y_min---16.702--------
Intrinsic Value_5Y_max--41.249--------
Intrinsic Value_5Y_min---46.770--------
Market Cap7395237804.000-23%9123097104.0009123097104.0000%1350034066.400+576%2318556799.360+293%2374890164.765+284%
Net Profit Margin--71.94171.9410%-88018.370+122448%-17988.924+25105%-8994.582+12603%
Operating Margin---5.474-5.4740%-28385.074+518421%-5824.667+106301%-2912.323+53100%
Operating Ratio--5.5115.5110%28591.852-100%5869.459-100%2935.171-100%
Pb Ratio2.082-23%2.5682.5680%-0.147+106%0.433+493%0.144+1689%
Pe Ratio0.779-23%0.9610.9610%-0.571+159%-0.041+104%-1.557+262%
Price Per Share80.250-23%99.00099.0000%14.650+576%25.160+293%16.720+492%
Price To Free Cash Flow Ratio-26.095+19%-32.192-32.1920%0.895-3698%-5.719-82%-1.691-95%
Price To Total Gains Ratio0.581-23%0.7170.7170%-0.571+180%-0.073+110%-1.410+297%
Quick Ratio--2.3062.3060%0.003+87418%0.486+374%0.300+668%
Return On Assets--1.0451.0450%-0.275+126%0.043+2332%-0.011+101%
Return On Equity--2.6732.6730%-+100%0.535+400%0.074+3513%
Total Gains Per Share--138.015138.0150%-25.642+119%8.628+1500%2.722+4969%
Usd Book Value--42628800.00042628800.0000%-109992336.000+358%-48895147.200+215%-21064192.800+149%
Usd Book Value Change Per Share--1.6561.6560%-0.308+119%0.104+1500%0.033+4969%
Usd Book Value Per Share--0.4630.4630%-1.194+358%-0.531+215%-0.254+155%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--1.2371.2370%-0.308+125%0.042+2871%0.004+28526%
Usd Free Cash Flow---3400800.000-3400800.0000%18109428.000-119%9126573.600-137%4376336.880-178%
Usd Free Cash Flow Per Share---0.037-0.0370%0.197-119%0.099-137%0.049-176%
Usd Free Cash Flow To Equity Per Share--0.0670.0670%-0.001+101%0.006+967%0.001+6028%
Usd Market Cap88742853.648-23%109477165.248109477165.2480%16200408.797+576%27822681.592+293%28498681.977+284%
Usd Price Per Share0.963-23%1.1881.1880%0.176+576%0.302+293%0.201+492%
Usd Profit--113954400.000113954400.0000%-28517952.000+125%3803582.400+2896%-3126069.600+103%
Usd Revenue--1584000.0001584000.0000%324.000+488789%11453853.600-86%22351521.600-93%
Usd Total Gains Per Share--1.6561.6560%-0.308+119%0.104+1500%0.033+4969%
 EOD+3 -5MRQTTM+0 -0YOY+26 -85Y+25 -910Y+26 -8

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-150.779
Price to Book Ratio (EOD)Between0-12.082
Net Profit Margin (MRQ)Greater than071.941
Operating Margin (MRQ)Greater than0-5.474
Quick Ratio (MRQ)Greater than12.306
Current Ratio (MRQ)Greater than12.385
Debt to Asset Ratio (MRQ)Less than10.609
Debt to Equity Ratio (MRQ)Less than11.558
Return on Equity (MRQ)Greater than0.152.673
Return on Assets (MRQ)Greater than0.051.045
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.701
Ma 20Greater thanMa 5088.940
Ma 50Greater thanMa 100108.115
Ma 100Greater thanMa 200107.096
OpenGreater thanClose82.400
Total3/5 (60.0%)



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
Total Stockholder Equity -3,148,050-1,660,220-4,808,270-1,994,760-6,803,030-2,362,998-9,166,02812,718,4283,552,400
Net Working Capital  -6,509,350-2,029,741-8,539,091-1,853,109-10,392,200-6,957,800-17,350,00017,725,000375,000
Income before Tax  -1,805,67439,711-1,765,963-284,393-2,050,356-312,642-2,362,99811,199,9988,837,000
Net Income  -1,801,349118,176-1,683,173-367,183-2,050,356-326,140-2,376,49611,872,6969,496,200
Total Other Income Expense Net -1,478,6601,477,450-1,210-72-1,283-1,595,318-1,596,60111,156,2019,559,600
Net Income from Continuing Operations  -1,801,349118,176-1,683,173-367,227-2,050,400-312,600-2,363,00011,859,2009,496,200
Net Income Applicable to Common Shares  -1,801,349118,176-1,683,173-367,183-2,050,356-312,642-2,362,99811,859,1419,496,143



Latest Balance Sheet

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

Summary
Total Assets9,088,100
Total Liabilities5,535,700
Total Stockholder Equity3,552,400
 As reported
Total Liabilities 5,535,700
Total Stockholder Equity+ 3,552,400
Total Assets = 9,088,100

Assets

Total Assets9,088,100
Total Current Assets645,700
Long-term Assets8,442,400
Total Current Assets
Cash And Cash Equivalents 437,000
Short-term Investments 93,300
Net Receivables 500
Inventory 51,700
Other Current Assets 63,200
Total Current Assets  (as reported)645,700
Total Current Assets  (calculated)645,700
+/-0
Long-term Assets
Property Plant Equipment 7,644,800
Other Assets 796,283
Long-term Assets  (as reported)8,442,400
Long-term Assets  (calculated)8,441,083
+/- 1,317

Liabilities & Shareholders' Equity

Total Current Liabilities270,700
Long-term Liabilities5,265,000
Total Stockholder Equity3,552,400
Total Current Liabilities
Accounts payable 29,000
Other Current Liabilities 241,700
Total Current Liabilities  (as reported)270,700
Total Current Liabilities  (calculated)270,700
+/-0
Long-term Liabilities
Long term Debt Total 5,249,048
Long-term Liabilities  (as reported)5,265,000
Long-term Liabilities  (calculated)5,249,048
+/- 15,952
Total Stockholder Equity
Common Stock921,700
Retained Earnings -3,619,826
Other Stockholders Equity 6,250,526
Total Stockholder Equity (as reported)3,552,400
Total Stockholder Equity (calculated)3,552,400
+/-0
Other
Capital Stock921,700
Cash and Short Term Investments 530,300
Common Stock Shares Outstanding 92,152
Liabilities and Stockholders Equity 9,088,100
Net Debt 4,812,100
Net Invested Capital 8,801,500
Net Working Capital 375,000
Property Plant and Equipment Gross 7,644,800
Short Long Term Debt Total 5,249,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
5,974,905
6,637,021
7,636,106
8,332,158
8,667,945
11,172,087
12,387,410
13,875,000
12,824,104
12,481,852
12,220,246
10,695,649
10,022,483
9,390,252
8,628,807
9,088,100
9,088,1008,628,8079,390,25210,022,48310,695,64912,220,24612,481,85212,824,10413,875,00012,387,41011,172,0878,667,9458,332,1587,636,1066,637,0215,974,905
   > Total Current Assets 
2,543,636
1,754,918
1,060,077
714,664
1,333,859
1,199,948
1,219,059
2,071,500
962,179
1,251,276
1,604,042
732,202
583,242
431,450
181,571
645,700
645,700181,571431,450583,242732,2021,604,0421,251,276962,1792,071,5001,219,0591,199,9481,333,859714,6641,060,0771,754,9182,543,636
       Cash And Cash Equivalents 
196,053
105,220
45,267
35,763
1,036,229
265,691
215,558
268,200
119,437
90,554
165
285
107
53
53
437,000
437,000535310728516590,554119,437268,200215,558265,6911,036,22935,76345,267105,220196,053
       Short-term Investments 
0
0
0
0
0
0
0
0
0
163,217
14,462
106,529
94
117,700
21,200
93,300
93,30021,200117,70094106,52914,462163,217000000000
       Net Receivables 
0
0
0
0
0
0
0
395,100
315,219
434,321
655,318
420,717
200,109
198,101
24,931
500
50024,931198,101200,109420,717655,318434,321315,219395,1000000000
       Inventory 
602,299
390,130
284,707
119,018
114,296
436,733
336,797
408,600
250,341
288,685
277,185
151,999
153,702
150,496
78,187
51,700
51,70078,187150,496153,702151,999277,185288,685250,341408,600336,797436,733114,296119,018284,707390,130602,299
       Other Current Assets 
1,745,284
1,259,568
730,103
559,883
183,334
497,524
666,704
999,600
592,401
708,820
1,312,230
159,201
429,433
82,800
78,400
63,200
63,20078,40082,800429,433159,2011,312,230708,820592,401999,600666,704497,524183,334559,883730,1031,259,5681,745,284
   > Long-term Assets 
3,431,269
4,882,103
6,576,029
7,617,494
7,334,086
9,972,139
11,168,351
0
11,861,925
11,230,576
10,616,204
9,963,447
9,439,241
8,958,802
8,447,236
8,442,400
8,442,4008,447,2368,958,8029,439,2419,963,44710,616,20411,230,57611,861,925011,168,3519,972,1397,334,0867,617,4946,576,0294,882,1033,431,269
       Property Plant Equipment 
1,420,975
3,479,290
5,201,980
5,932,553
625,337
660,787
10,451,337
10,983,400
11,037,044
10,790,407
10,368,266
9,763,762
9,287,037
8,818,885
8,333,962
7,644,800
7,644,8008,333,9628,818,8859,287,0379,763,76210,368,26610,790,40711,037,04410,983,40010,451,337660,787625,3375,932,5535,201,9803,479,2901,420,975
       Long Term Investments 
0
0
0
0
0
0
0
100
0
15,423
1,645
1,645
0
0
0
0
00001,6451,64515,42301000000000
       Long-term Assets Other 
1,437,467
1,053,890
602,230
848,238
5,983,158
8,452,345
418,770
0
526,637
579,688
262,305
199,685
152,203
139,916
113,274
136,800
136,800113,274139,916152,203199,685262,305579,688526,6370418,7708,452,3455,983,158848,238602,2301,053,8901,437,467
> Total Liabilities 
3,524,671
4,076,911
5,104,194
5,710,422
5,074,636
7,848,107
9,908,050
12,301,100
12,063,583
13,129,241
13,567,154
13,843,699
14,830,753
16,193,282
17,794,835
5,535,700
5,535,70017,794,83516,193,28214,830,75313,843,69913,567,15413,129,24112,063,58312,301,1009,908,0507,848,1075,074,6365,710,4225,104,1944,076,9113,524,671
   > Total Current Liabilities 
814,793
860,237
1,004,424
1,116,378
2,066,554
2,302,923
5,273,784
6,890,200
3,411,539
4,192,193
4,800,943
7,241,552
9,122,333
10,823,733
17,531,640
270,700
270,70017,531,64010,823,7339,122,3337,241,5524,800,9434,192,1933,411,5396,890,2005,273,7842,302,9232,066,5541,116,3781,004,424860,237814,793
       Short-term Debt 
0
0
0
0
277,142
521,796
525,727
5,823,300
572,205
859,769
734,394
3,114,815
3,937,158
4,295,187
9,462,120
0
09,462,1204,295,1873,937,1583,114,815734,394859,769572,2055,823,300525,727521,796277,1420000
       Short Long Term Debt 
0
0
0
0
0
0
0
5,823,300
93,897
859,769
734,394
3,114,815
3,937,158
1,942,200
9,462,100
0
09,462,1001,942,2003,937,1583,114,815734,394859,76993,8975,823,3000000000
       Accounts payable 
0
0
0
0
176,431
323,980
558,844
1,005,200
996,620
1,319,136
1,416,952
1,185,026
1,598,554
1,902,687
1,981,378
29,000
29,0001,981,3781,902,6871,598,5541,185,0261,416,9521,319,136996,6201,005,200558,844323,980176,4310000
       Other Current Liabilities 
814,793
860,237
1,004,424
1,116,378
1,612,981
1,457,147
4,189,213
5,293,300
1,842,714
2,013,288
2,649,597
192
192
193
192
241,700
241,7001921931921922,649,5972,013,2881,842,7145,293,3004,189,2131,457,1471,612,9811,116,3781,004,424860,237814,793
   > Long-term Liabilities 
2,709,878
3,216,674
4,099,770
4,594,044
3,008,082
5,545,184
4,634,266
0
8,652,044
8,937,048
8,766,211
6,602,147
5,708,420
5,369,549
263,195
5,265,000
5,265,000263,1955,369,5495,708,4206,602,1478,766,2118,937,0488,652,04404,634,2665,545,1843,008,0824,594,0444,099,7703,216,6742,709,878
       Long term Debt Total 
0
0
0
0
0
0
0
0
8,595,845
8,799,706
8,631,976
6,481,714
5,677,195
5,339,358
241,000
5,249,048
5,249,048241,0005,339,3585,677,1956,481,7148,631,9768,799,7068,595,84500000000
       Other Liabilities 
0
0
0
0
0
0
0
179,300
147,607
137,342
131,328
120,433
31,225
30,191
22,164
0
022,16430,19131,225120,433131,328137,342147,607179,3000000000
> Total Stockholder Equity
2,450,234
2,560,110
2,531,912
2,621,736
3,593,309
3,323,980
2,479,360
1,573,900
760,521
-647,389
-1,346,908
-3,148,050
-4,808,270
-6,803,030
-9,166,028
3,552,400
3,552,400-9,166,028-6,803,030-4,808,270-3,148,050-1,346,908-647,389760,5211,573,9002,479,3603,323,9803,593,3092,621,7362,531,9122,560,1102,450,234
   Common Stock
1,258,573
1,325,273
1,390,273
1,460,244
0
0
0
2,935,200
2,935,244
2,935,244
2,935,244
2,935,244
2,935,244
2,935,244
2,935,244
921,700
921,7002,935,2442,935,2442,935,2442,935,2442,935,2442,935,2442,935,2442,935,2000001,460,2441,390,2731,325,2731,258,573
   Retained Earnings Total Equity0000000000000000
   Accumulated Other Comprehensive Income 000-4,316,600-3,838,376-3,383,220-2,936,229-2,537,2380-2,029,511-1,942,183-1,868,719-1,815,143-1,724,245-2,014,908-1,923,829
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
3,115,490
3,249,745
2,865,884
1,161,492
3,593,309
3,323,980
4,508,871
-1,361,300
3,297,759
-646,404
4,297,563
914,550
937,503
993,099
993,099
6,250,526
6,250,526993,099993,099937,503914,5504,297,563-646,4043,297,759-1,361,3004,508,8713,323,9803,593,3091,161,4922,865,8843,249,7453,115,490



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 (+$)
totalRevenue132,000
Cost of Revenue-3,300
Gross Profit-3,300128,700
 
Operating Income (+$)
Gross Profit-3,300
Operating Expense-724,100
Operating Income-722,600-727,400
 
Operating Expense (+$)
Research Development0
Selling General Administrative87,286
Selling And Marketing Expenses310
Operating Expense724,10087,596
 
Net Interest Income (+$)
Interest Income4,680
Interest Expense-156,700
Other Finance Cost-4,680
Net Interest Income-156,700
 
Pretax Income (+$)
Operating Income-722,600
Net Interest Income-156,700
Other Non-Operating Income Expenses0
Income Before Tax (EBT)8,837,000-10,282,200
EBIT - interestExpense = -879,300
8,837,000
9,652,900
Interest Expense156,700
Earnings Before Interest and Taxes (EBIT)-722,6008,993,700
Earnings Before Interest and Taxes (EBITDA)-254,700
 
After tax Income (+$)
Income Before Tax8,837,000
Tax Provision--659,200
Net Income From Continuing Ops9,496,2009,496,200
Net Income9,496,200
Net Income Applicable To Common Shares9,496,143
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses727,400
Total Other Income/Expenses Net9,559,600156,700
 

Technical Analysis of Andhra Cements 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 Andhra Cements Limited. The general trend of Andhra Cements Limited is BEARISH 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 Andhra Cements 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 Andhra Cements Limited.

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

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

The bullish price targets are: 81.65 < 88.45 < 89.40.

The bearish price targets are: 79.30 > 78.15 > 54.90.

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Andhra Cements 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 Andhra Cements Limited. The current mas is .

The long score for the Moving Averages is 3/14.
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 lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

Andhra Cements 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 Andhra Cements Limited. The current macd is -7.6780996.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Andhra Cements Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Andhra Cements 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 Andhra Cements 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
Andhra Cements Limited Daily Moving Average Convergence/Divergence (MACD) ChartAndhra Cements 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 Andhra Cements Limited. The current adx is 56.50.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Andhra Cements Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Andhra Cements 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 Andhra Cements Limited. The current sar is 88.30.

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
Andhra Cements 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 Andhra Cements Limited. The current rsi is 23.70. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
Andhra Cements Limited Daily Relative Strength Index (RSI) ChartAndhra Cements 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 Andhra Cements Limited. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Andhra Cements Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Andhra Cements Limited Daily Stochastic Oscillator ChartAndhra Cements 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 Andhra Cements Limited. The current cci is -87.66841883.

Andhra Cements Limited Daily Commodity Channel Index (CCI) ChartAndhra Cements 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 Andhra Cements Limited. The current cmo is -56.18108041.

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
Andhra Cements Limited Daily Chande Momentum Oscillator (CMO) ChartAndhra Cements 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 Andhra Cements Limited. The current willr is -95.61752988.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Andhra Cements Limited Daily Williams %R ChartAndhra Cements 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 Andhra Cements Limited.

Andhra Cements 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 Andhra Cements Limited. The current atr is 4.78405248.

Andhra Cements Limited Daily Average True Range (ATR) ChartAndhra Cements 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 Andhra Cements Limited. The current obv is -5,519,204.

Andhra Cements Limited Daily On-Balance Volume (OBV) ChartAndhra Cements 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 Andhra Cements Limited. The current mfi is 25.67.

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

  • MFI < 50: -1
Andhra Cements Limited Daily Money Flow Index (MFI) ChartAndhra Cements Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Andhra Cements Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5023.701
Ma 20Greater thanMa 5088.940
Ma 50Greater thanMa 100108.115
Ma 100Greater thanMa 200107.096
OpenGreater thanClose82.400
Total3/5 (60.0%)
Penke

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