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

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

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

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Quick analysis of Aro Granite Industries Limited (30 sec.)










What can you expect buying and holding a share of Aro Granite Industries 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?
70.0%

What is your share worth?

Current worth
INR124.58
Expected worth in 1 year
INR109.40
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR-15.18
Return On Investment
-33.8%

For what price can you sell your share?

Current Price per Share
INR44.90
Expected price per share
INR45.05 - INR56.75
How sure are you?
50%

1. Valuation of Aro Granite Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR44.90

Intrinsic Value Per Share

INR-78.87 - INR220.24

Total Value Per Share

INR45.72 - INR344.82

2. Growth of Aro Granite Industries Limited (5 min.)




Is Aro Granite Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$22.8m$23.5m-$696.9k-3.0%

How much money is Aro Granite Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money-$694.5k$1m-$1.7m-253.9%
Net Profit Margin-3.5%4.0%--

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

3. Financial Health of Aro Granite Industries Limited (5 min.)




4. Comparing to competitors in the Building Products & Equipment industry (5 min.)




  Industry Rankings (Building Products & Equipment)  


Richest
#188 / 226

Most Revenue
#185 / 226

Most Profit
#175 / 226

Most Efficient
#181 / 226

What can you expect buying and holding a share of Aro Granite Industries Limited? (5 min.)

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

What can you expect buying and holding a share of Aro Granite Industries Limited?

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

Speculation

The Price per Share of Aro Granite Industries Limited is INR44.90. 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 Aro Granite Industries 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 Aro Granite Industries 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 INR124.58. Based on the TTM, the Book Value Change Per Share is INR-3.80 per quarter. Based on the YOY, the Book Value Change Per Share is INR5.74 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 Aro Granite Industries 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 Eps-0.05-0.1%-0.05-0.1%0.070.2%0.040.1%0.060.1%
Usd Book Value Change Per Share-0.05-0.1%-0.05-0.1%0.070.2%0.030.1%0.050.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.0%
Usd Total Gains Per Share-0.05-0.1%-0.05-0.1%0.070.2%0.040.1%0.060.1%
Usd Price Per Share0.45-0.45-0.65-0.48-0.56-
Price to Earnings Ratio-9.94--9.94-9.37-5.13-12.51-
Price-to-Total Gains Ratio-9.91--9.91-9.50-4.83-8.13-
Price to Book Ratio0.30-0.30-0.42-0.33-0.41-
Price-to-Total Gains Ratio-9.91--9.91-9.50-4.83-8.13-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.5388
Number of shares1855
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.050.03
Usd Total Gains Per Share-0.050.04
Gains per Quarter (1855 shares)-84.4967.10
Gains per Year (1855 shares)-337.98268.42
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-338-34835233258
20-676-68671466526
30-1014-1024106699794
40-1352-13621429321062
50-1690-170017711651330
60-2028-203821313981598
70-2366-237624816311866
80-2704-271428418642134
90-3042-305231920972402
100-3380-339035423302670

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 Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%15.01.00.093.8%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%15.01.00.093.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%7.00.03.070.0%13.00.03.081.3%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%15.01.00.093.8%

Fundamentals of Aro Granite Industries Limited

About Aro Granite Industries Limited

Aro Granite Industries Limited engages in the manufacturing, processing, and selling of polished/flamed granite tiles and slabs primarily in India. The company offers natural stone granites slab and tiles; and engineered quartz stone slabs. It also exports its products to approximately 50 countries, including the United States, Canada, Europe, Japan, and the Far East and South Pacific countries. The company was incorporated in 1988 and is based in Hosur, India.

Fundamental data was last updated by Penke on 2024-03-23 06:32:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is 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 able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Aro Granite Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Aro Granite Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • A Net Profit Margin of -3.5% means that ₹-0.04 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is -3.5%. The company is making a loss. -1
  • The TTM is -3.5%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-3.5%0.0%
TTM-3.5%YOY4.0%-7.5%
TTM-3.5%5Y2.3%-5.8%
5Y2.3%10Y3.5%-1.2%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.5%4.5%-8.0%
TTM-3.5%4.4%-7.9%
YOY4.0%5.7%-1.7%
5Y2.3%5.0%-2.7%
10Y3.5%4.9%-1.4%
1.1.2. Return on Assets

Shows how efficient Aro Granite Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • -1.3% Return on Assets means that Aro Granite Industries Limited generated ₹-0.01 profit for each $1 in assets.

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

  • The MRQ is -1.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.3%TTM-1.3%0.0%
TTM-1.3%YOY2.0%-3.3%
TTM-1.3%5Y1.2%-2.5%
5Y1.2%10Y2.5%-1.3%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%1.5%-2.8%
TTM-1.3%1.4%-2.7%
YOY2.0%1.9%+0.1%
5Y1.2%1.6%-0.4%
10Y2.5%1.6%+0.9%
1.1.3. Return on Equity

Shows how efficient Aro Granite Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • -3.0% Return on Equity means Aro Granite Industries Limited generated ₹-0.03 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is -3.0%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.0%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.0%TTM-3.0%0.0%
TTM-3.0%YOY4.5%-7.6%
TTM-3.0%5Y2.4%-5.5%
5Y2.4%10Y5.0%-2.5%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.0%3.2%-6.2%
TTM-3.0%3.0%-6.0%
YOY4.5%3.5%+1.0%
5Y2.4%3.2%-0.8%
10Y5.0%3.2%+1.8%

1.2. Operating Efficiency of Aro Granite Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Aro Granite Industries Limited is operating .

  • Measures how much profit Aro Granite Industries 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 Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • An Operating Margin of 4.2% means the company generated ₹0.04  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Aro Granite Industries Limited:

  • The MRQ is 4.2%. The company is operating less efficient.
  • The TTM is 4.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.2%TTM4.2%0.0%
TTM4.2%YOY8.5%-4.3%
TTM4.2%5Y7.3%-3.1%
5Y7.3%10Y7.1%+0.1%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2%7.4%-3.2%
TTM4.2%5.5%-1.3%
YOY8.5%7.5%+1.0%
5Y7.3%7.3%0.0%
10Y7.1%6.7%+0.4%
1.2.2. Operating Ratio

Measures how efficient Aro Granite Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • An Operation Ratio of 0.96 means that the operating costs are ₹0.96 for each ₹1 in net sales.

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

  • The MRQ is 0.961. The company is less efficient in keeping operating costs low.
  • The TTM is 0.961. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.961TTM0.9610.000
TTM0.961YOY0.921+0.040
TTM0.9615Y0.924+0.038
5Y0.92410Y0.9240.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9611.393-0.432
TTM0.9611.308-0.347
YOY0.9211.146-0.225
5Y0.9241.187-0.263
10Y0.9241.111-0.187

1.3. Liquidity of Aro Granite Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Aro Granite Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 1.54 means the company has ₹1.54 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.539. The company is able to pay all its short-term debts. +1
  • The TTM is 1.539. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.539TTM1.5390.000
TTM1.539YOY1.585-0.045
TTM1.5395Y1.457+0.082
5Y1.45710Y1.571-0.114
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5391.685-0.146
TTM1.5391.670-0.131
YOY1.5851.688-0.103
5Y1.4571.664-0.207
10Y1.5711.528+0.043
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • A Quick Ratio of 0.39 means the company can pay off ₹0.39 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.395. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.395. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.395TTM0.3950.000
TTM0.395YOY0.587-0.192
TTM0.3955Y0.523-0.128
5Y0.52310Y0.635-0.112
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3950.753-0.358
TTM0.3950.757-0.362
YOY0.5870.827-0.240
5Y0.5230.880-0.357
10Y0.6350.855-0.220

1.4. Solvency of Aro Granite Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Aro Granite Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Aro Granite Industries Limited to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.58 means that Aro Granite Industries Limited assets are financed with 57.7% credit (debt) and the remaining percentage (100% - 57.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.577. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.577. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.577TTM0.5770.000
TTM0.577YOY0.565+0.012
TTM0.5775Y0.539+0.038
5Y0.53910Y0.508+0.030
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5770.488+0.089
TTM0.5770.489+0.088
YOY0.5650.488+0.077
5Y0.5390.514+0.025
10Y0.5080.505+0.003
1.4.2. Debt to Equity Ratio

Measures if Aro Granite Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 136.3% means that company has ₹1.36 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.363. The company is able to pay all its debts with equity. +1
  • The TTM is 1.363. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.363TTM1.3630.000
TTM1.363YOY1.298+0.065
TTM1.3635Y1.179+0.184
5Y1.17910Y1.050+0.129
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3630.903+0.460
TTM1.3630.968+0.395
YOY1.2980.952+0.346
5Y1.1791.106+0.073
10Y1.0501.086-0.036

2. Market Valuation of Aro Granite Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Aro Granite Industries Limited generates.

  • Above 15 is considered overpriced but always compare Aro Granite Industries Limited to the Building Products & Equipment industry mean.
  • A PE ratio of -9.94 means the investor is paying ₹-9.94 for every ₹1 in earnings.

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

  • The EOD is -11.869. Based on the earnings, the company is expensive. -2
  • The MRQ is -9.939. Based on the earnings, the company is expensive. -2
  • The TTM is -9.939. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-11.869MRQ-9.939-1.930
MRQ-9.939TTM-9.9390.000
TTM-9.939YOY9.371-19.310
TTM-9.9395Y5.126-15.065
5Y5.12610Y12.512-7.386
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-11.86914.446-26.315
MRQ-9.93912.925-22.864
TTM-9.93912.349-22.288
YOY9.37112.804-3.433
5Y5.12617.742-12.616
10Y12.51218.287-5.775
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 6.509. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.450. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.450. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.509MRQ5.450+1.058
MRQ5.450TTM5.4500.000
TTM5.450YOY-3.383+8.834
TTM5.4505Y-3.683+9.134
5Y-3.68310Y-7.617+3.933
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD6.5095.957+0.552
MRQ5.4505.482-0.032
TTM5.4503.859+1.591
YOY-3.3834.462-7.845
5Y-3.6833.607-7.290
10Y-7.6174.254-11.871
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Aro Granite Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 0.30 means the investor is paying ₹0.30 for each ₹1 in book value.

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

  • The EOD is 0.360. Based on the equity, the company is cheap. +2
  • The MRQ is 0.302. Based on the equity, the company is cheap. +2
  • The TTM is 0.302. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.360MRQ0.302+0.059
MRQ0.302TTM0.3020.000
TTM0.302YOY0.425-0.123
TTM0.3025Y0.329-0.027
5Y0.32910Y0.414-0.085
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD0.3601.773-1.413
MRQ0.3021.881-1.579
TTM0.3021.910-1.608
YOY0.4252.070-1.645
5Y0.3291.990-1.661
10Y0.4142.099-1.685
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Aro Granite Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---3.796-3.7960%5.739-166%2.617-245%4.444-185%
Book Value Per Share--124.585124.5850%128.380-3%122.168+2%113.064+10%
Current Ratio--1.5391.5390%1.585-3%1.457+6%1.571-2%
Debt To Asset Ratio--0.5770.5770%0.565+2%0.539+7%0.508+13%
Debt To Equity Ratio--1.3631.3630%1.298+5%1.179+16%1.050+30%
Dividend Per Share----0%-0%0.398-100%0.754-100%
Eps---3.783-3.7830%5.821-165%2.928-229%5.218-173%
Free Cash Flow Per Share--6.8996.8990%-16.123+334%-8.900+229%-4.378+163%
Free Cash Flow To Equity Per Share---2.598-2.5980%-0.477-82%-1.090-58%-1.209-53%
Gross Profit Margin--2.6382.6380%-0.382+114%0.047+5534%-0.556+121%
Intrinsic Value_10Y_max--220.240--------
Intrinsic Value_10Y_min---78.865--------
Intrinsic Value_1Y_max--1.697--------
Intrinsic Value_1Y_min---8.737--------
Intrinsic Value_3Y_max--20.626--------
Intrinsic Value_3Y_min---25.685--------
Intrinsic Value_5Y_max--58.273--------
Intrinsic Value_5Y_min---41.881--------
Market Cap686970000.000+16%575280000.000575280000.0000%834615000.000-31%617501675.660-7%710704803.555-19%
Net Profit Margin---0.035-0.0350%0.040-189%0.023-254%0.035-201%
Operating Margin--0.0420.0420%0.085-51%0.073-42%0.071-41%
Operating Ratio--0.9610.9610%0.921+4%0.924+4%0.924+4%
Pb Ratio0.360+16%0.3020.3020%0.425-29%0.329-8%0.414-27%
Pe Ratio-11.869-19%-9.939-9.9390%9.371-206%5.126-294%12.512-179%
Price Per Share44.900+16%37.60037.6000%54.550-31%40.260-7%46.400-19%
Price To Free Cash Flow Ratio6.509+16%5.4505.4500%-3.383+162%-3.683+168%-7.617+240%
Price To Total Gains Ratio-11.829-19%-9.906-9.9060%9.505-204%4.828-305%8.126-222%
Quick Ratio--0.3950.3950%0.587-33%0.523-25%0.635-38%
Return On Assets---0.013-0.0130%0.020-165%0.012-208%0.025-152%
Return On Equity---0.030-0.0300%0.045-167%0.024-226%0.050-161%
Total Gains Per Share---3.796-3.7960%5.739-166%3.015-226%5.198-173%
Usd Book Value--22873716.00022873716.0000%23570628.000-3%22473324.000+2%20780782.800+10%
Usd Book Value Change Per Share---0.046-0.0460%0.069-166%0.031-245%0.053-185%
Usd Book Value Per Share--1.4951.4950%1.541-3%1.466+2%1.357+10%
Usd Dividend Per Share----0%-0%0.005-100%0.009-100%
Usd Eps---0.045-0.0450%0.070-165%0.035-229%0.063-173%
Usd Free Cash Flow--1266588.0001266588.0000%-2960100.000+334%-1642471.200+230%-807946.800+164%
Usd Free Cash Flow Per Share--0.0830.0830%-0.193+334%-0.107+229%-0.053+163%
Usd Free Cash Flow To Equity Per Share---0.031-0.0310%-0.006-82%-0.013-58%-0.015-53%
Usd Market Cap8243640.000+16%6903360.0006903360.0000%10015380.000-31%7410020.108-7%8528457.643-19%
Usd Price Per Share0.539+16%0.4510.4510%0.655-31%0.483-7%0.557-19%
Usd Profit---694572.000-694572.0000%1068708.000-165%539599.200-229%959064.000-172%
Usd Revenue--19668240.00019668240.0000%26968812.000-27%22035907.200-11%24950910.000-21%
Usd Total Gains Per Share---0.046-0.0460%0.069-166%0.036-226%0.062-173%
 EOD+4 -4MRQTTM+0 -0YOY+7 -275Y+11 -2510Y+10 -26

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-11.869
Price to Book Ratio (EOD)Between0-10.360
Net Profit Margin (MRQ)Greater than0-0.035
Operating Margin (MRQ)Greater than00.042
Quick Ratio (MRQ)Greater than10.395
Current Ratio (MRQ)Greater than11.539
Debt to Asset Ratio (MRQ)Less than10.577
Debt to Equity Ratio (MRQ)Less than11.363
Return on Equity (MRQ)Greater than0.15-0.030
Return on Assets (MRQ)Greater than0.05-0.013
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.204
Ma 20Greater thanMa 5049.345
Ma 50Greater thanMa 10054.452
Ma 100Greater thanMa 20053.032
OpenGreater thanClose46.500
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
Income before Tax  125,266-73,53151,73528,04179,77627,981107,757-166,826-59,069
Net Income  97,112-61,05036,06224,41960,48128,57889,059-146,940-57,881
Operating Income  155,6504,723160,373-11,304149,06925,367174,436-184,912-10,476
Tax Provision  28,154-12,48215,6723,62319,295-59718,698-19,886-1,188
Income Tax Expense  28,154-12,48215,6723,62319,295-59718,698-19,886-1,188
Net Income from Continuing Operations  97,112-61,05036,06224,41960,48128,57889,059-146,940-57,881
Net Income Applicable to Common Shares  97,209-61,14736,06224,41960,48128,57889,059-146,940-57,881



Latest Balance Sheet

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

Summary
Total Assets4,503,776
Total Liabilities2,597,633
Total Stockholder Equity1,906,143
 As reported
Total Liabilities 2,597,633
Total Stockholder Equity+ 1,906,143
Total Assets = 4,503,776

Assets

Total Assets4,503,776
Total Current Assets2,862,176
Long-term Assets1,641,600
Total Current Assets
Cash And Cash Equivalents 4,214
Short-term Investments 56,097
Net Receivables 617,334
Inventory 1,993,637
Other Current Assets 190,894
Total Current Assets  (as reported)2,862,176
Total Current Assets  (calculated)2,862,176
+/-0
Long-term Assets
Property Plant Equipment 1,609,602
Intangible Assets 1,737
Other Assets 494
Long-term Assets  (as reported)1,641,600
Long-term Assets  (calculated)1,611,833
+/- 29,767

Liabilities & Shareholders' Equity

Total Current Liabilities1,859,542
Long-term Liabilities738,091
Total Stockholder Equity1,906,143
Total Current Liabilities
Short-term Debt 1,448,127
Short Long Term Debt 1,448,127
Accounts payable 357,169
Other Current Liabilities 22,600
Total Current Liabilities  (as reported)1,859,542
Total Current Liabilities  (calculated)3,276,023
+/- 1,416,481
Long-term Liabilities
Long term Debt Total 602,078
Long-term Liabilities  (as reported)738,091
Long-term Liabilities  (calculated)602,078
+/- 136,013
Total Stockholder Equity
Common Stock153,000
Retained Earnings 1,391,183
Accumulated Other Comprehensive Income 263,359
Other Stockholders Equity 98,601
Total Stockholder Equity (as reported)1,906,143
Total Stockholder Equity (calculated)1,906,143
+/-0
Other
Capital Stock153,000
Cash And Equivalents4,214
Cash and Short Term Investments 60,311
Common Stock Shares Outstanding 15,073
Current Deferred Revenue31,646
Liabilities and Stockholders Equity 4,503,776
Net Debt 2,045,991
Net Invested Capital 3,956,348
Net Working Capital 1,002,634
Property Plant and Equipment Gross 1,609,602
Short Long Term Debt Total 2,050,205



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 
1,561,222
1,692,010
1,701,405
1,850,143
2,202,702
2,490,448
2,919,325
3,097,976
3,092,516
3,082,981
3,036,854
3,434,821
3,945,466
4,044,893
4,513,742
4,503,776
4,503,7764,513,7424,044,8933,945,4663,434,8213,036,8543,082,9813,092,5163,097,9762,919,3252,490,4482,202,7021,850,1431,701,4051,692,0101,561,222
   > Total Current Assets 
811,607
979,243
1,022,103
1,173,338
1,350,968
1,628,258
2,075,054
2,277,634
2,138,476
2,127,472
2,040,885
2,102,131
2,105,722
2,265,327
2,781,555
2,862,176
2,862,1762,781,5552,265,3272,105,7222,102,1312,040,8852,127,4722,138,4762,277,6342,075,0541,628,2581,350,9681,173,3381,022,103979,243811,607
       Cash And Cash Equivalents 
7,838
8,405
13,045
64,185
75,473
32,515
157,619
202,707
116,433
56,114
53,548
75,340
3,667
16,507
12,885
4,214
4,21412,88516,5073,66775,34053,54856,114116,433202,707157,61932,51575,47364,18513,0458,4057,838
       Short-term Investments 
0
0
0
0
187
187
187
187
187
187
37,750
15,284
15,284
15,985
21,476
56,097
56,09721,47615,98515,28415,28437,7501871871871871871870000
       Net Receivables 
0
0
0
0
0
0
898,554
862,517
821,794
839,271
710,825
733,966
794,601
839,238
974,137
617,334
617,334974,137839,238794,601733,966710,825839,271821,794862,517898,554000000
       Inventory 
399,491
489,723
502,359
568,734
667,129
749,621
906,872
1,121,530
1,106,037
1,123,535
1,083,485
1,187,286
1,292,171
1,393,594
1,773,058
1,993,637
1,993,6371,773,0581,393,5941,292,1711,187,2861,083,4851,123,5351,106,0371,121,530906,872749,621667,129568,734502,359489,723399,491
       Other Current Assets 
404,278
481,116
506,699
540,419
608,179
845,935
1,010,376
953,210
915,819
947,636
903,852
839,505
-1
3
-1
190,894
190,894-13-1839,505903,852947,636915,819953,2101,010,376845,935608,179540,419506,699481,116404,278
   > Long-term Assets 
749,614
712,767
679,302
676,805
851,734
862,190
844,271
820,342
954,040
955,509
995,969
1,332,690
1,839,743
1,779,566
1,732,187
1,641,600
1,641,6001,732,1871,779,5661,839,7431,332,690995,969955,509954,040820,342844,271862,190851,734676,805679,302712,767749,614
       Property Plant Equipment 
749,428
712,580
679,115
676,618
835,345
850,535
835,669
806,525
932,146
930,240
953,357
1,117,622
1,808,615
1,751,891
1,703,346
1,609,602
1,609,6021,703,3461,751,8911,808,6151,117,622953,357930,240932,146806,525835,669850,535835,345676,618679,115712,580749,428
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
242
0
0
002420000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
187
8,965
8,148
0
0
0
0
00008,1488,965187000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,220
1,978
1,737
1,7371,9782,2200000000000000
       Long-term Assets Other 
187
187
187
187
16,389
11,655
8,602
13,817
21,894
25,269
42,612
222,204
23,063
1
-496
494
494-496123,063222,20442,61225,26921,89413,8178,60211,65516,389187187187187
> Total Liabilities 
801,859
781,507
727,640
801,021
1,077,648
1,264,261
1,500,117
1,551,063
1,505,920
1,388,240
1,330,878
1,632,575
2,130,599
2,168,483
2,549,523
2,597,633
2,597,6332,549,5232,168,4832,130,5991,632,5751,330,8781,388,2401,505,9201,551,0631,500,1171,264,2611,077,648801,021727,640781,507801,859
   > Total Current Liabilities 
118,066
122,487
181,668
157,360
866,269
1,093,170
1,385,466
1,349,164
1,258,968
1,185,208
1,169,895
1,413,449
1,668,602
1,602,651
1,755,335
1,859,542
1,859,5421,755,3351,602,6511,668,6021,413,4491,169,8951,185,2081,258,9681,349,1641,385,4661,093,170866,269157,360181,668122,487118,066
       Short-term Debt 
0
0
0
0
681,097
883,626
1,091,882
1,087,688
1,003,475
948,842
854,390
1,151,171
1,307,555
1,266,484
1,339,809
1,448,127
1,448,1271,339,8091,266,4841,307,5551,151,171854,390948,8421,003,4751,087,6881,091,882883,626681,0970000
       Short Long Term Debt 
0
0
0
0
0
0
1,091,882
25,390
31,440
948,842
854,390
1,151,171
1,307,555
1,190,513
1,339,809
1,448,127
1,448,1271,339,8091,190,5131,307,5551,151,171854,390948,84231,44025,3901,091,882000000
       Accounts payable 
97,031
102,277
155,794
135,536
149,404
148,431
212,500
186,911
176,383
161,638
230,713
150,908
287,132
277,307
331,317
357,169
357,169331,317277,307287,132150,908230,713161,638176,383186,911212,500148,431149,404135,536155,794102,27797,031
       Other Current Liabilities 
21,036
20,210
25,875
21,825
35,768
61,113
81,084
74,565
79,110
74,728
84,792
99,675
3,760
5,134
8,342
22,600
22,6008,3425,1343,76099,67584,79274,72879,11074,56581,08461,11335,76821,82525,87520,21021,036
   > Long-term Liabilities 
683,793
659,020
545,971
643,660
211,379
171,091
114,651
201,899
246,952
203,032
160,983
219,126
461,997
565,832
794,188
738,091
738,091794,188565,832461,997219,126160,983203,032246,952201,899114,651171,091211,379643,660545,971659,020683,793
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
106,568
71,321
137,153
361,183
445,913
653,222
602,078
602,078653,222445,913361,183137,15371,321106,568000000000
       Other Liabilities 
0
0
0
0
0
0
114,651
100,339
96,928
93,611
89,661
81,976
180,346
147,990
140,966
0
0140,966147,990180,34681,97689,66193,61196,928100,339114,651000000
> Total Stockholder Equity
759,363
910,504
973,766
1,049,122
1,125,054
1,226,187
1,419,208
1,546,913
1,586,595
1,694,741
1,705,976
1,802,246
1,814,867
1,876,410
1,964,219
1,906,143
1,906,1431,964,2191,876,4101,814,8671,802,2461,705,9761,694,7411,586,5951,546,9131,419,2081,226,1871,125,0541,049,122973,766910,504759,363
   Common Stock
70,200
110,835
103,607
102,000
102,000
102,000
153,000
153,000
153,000
153,000
153,000
153,000
153,000
153,000
153,000
153,000
153,000153,000153,000153,000153,000153,000153,000153,000153,000153,000102,000102,000102,000103,607110,83570,200
   Retained Earnings 
434,149
521,010
595,286
658,334
714,266
795,399
968,420
1,076,125
1,095,807
1,183,953
1,195,188
1,291,458
1,308,247
1,368,728
1,449,533
1,391,183
1,391,1831,449,5331,368,7281,308,2471,291,4581,195,1881,183,9531,095,8071,076,125968,420795,399714,266658,334595,286521,010434,149
   Accumulated Other Comprehensive Income 
-187,728
-229,872
-272,199
-313,502
-355,078
-398,498
-351,253
-403,789
-493,851
-584,774
-671,201
-753,521
-858,198
313,961
317,712
263,359
263,359317,712313,961-858,198-753,521-671,201-584,774-493,851-403,789-351,253-398,498-355,078-313,502-272,199-229,872-187,728
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
442,742
508,531
547,072
602,291
663,866
727,286
649,041
721,577
831,639
942,562
1,028,989
1,111,309
-1,778,316
40,721
43,974
98,601
98,60143,97440,721-1,778,3161,111,3091,028,989942,562831,639721,577649,041727,286663,866602,291547,072508,531442,742



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 (+$)
totalRevenue1,639,020
Cost of Revenue-824,659
Gross Profit814,361814,361
 
Operating Income (+$)
Gross Profit814,361
Operating Expense-751,092
Operating Income-10,47663,269
 
Operating Expense (+$)
Research Development0
Selling General Administrative18,362
Selling And Marketing Expenses94,791
Operating Expense751,092113,153
 
Net Interest Income (+$)
Interest Income127,801
Interest Expense-127,801
Other Finance Cost-127,801
Net Interest Income-127,801
 
Pretax Income (+$)
Operating Income-10,476
Net Interest Income-127,801
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-59,06938,117
EBIT - interestExpense = -59,069
-59,069
69,920
Interest Expense127,801
Earnings Before Interest and Taxes (EBIT)68,73268,732
Earnings Before Interest and Taxes (EBITDA)196,006
 
After tax Income (+$)
Income Before Tax-59,069
Tax Provision--1,188
Net Income From Continuing Ops-57,881-57,881
Net Income-57,881
Net Income Applicable To Common Shares-57,881
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,575,751
Total Other Income/Expenses Net-48,593127,801
 

Technical Analysis of Aro Granite Industries 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 Aro Granite Industries Limited. The general trend of Aro Granite Industries Limited is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Aro Granite Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Aro Granite Industries Limited.

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

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

The bullish price targets are: 51.20 < 52.10 < 56.75.

The bearish price targets are: 45.95 > 45.40 > 45.05.

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Aro Granite Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Aro Granite Industries Limited. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-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 up: The MA 200 is trending up. +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

Aro Granite Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Aro Granite Industries Limited. The current macd is -2.51720836.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Aro Granite Industries 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 Aro Granite Industries 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 Aro Granite Industries Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Aro Granite Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartAro Granite Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Aro Granite Industries Limited. The current adx is 26.05.

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 Aro Granite Industries 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
Aro Granite Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Aro Granite Industries Limited. The current sar is 42.67.

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
Aro Granite Industries 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 Aro Granite Industries Limited. The current rsi is 36.20. The current phase is Continuation in bear 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).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Aro Granite Industries Limited Daily Relative Strength Index (RSI) ChartAro Granite Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Aro Granite Industries Limited. The current phase is Continuation in bear 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 Aro Granite Industries Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Aro Granite Industries Limited Daily Stochastic Oscillator ChartAro Granite Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Aro Granite Industries Limited. The current cci is -88.4714194.

Aro Granite Industries Limited Daily Commodity Channel Index (CCI) ChartAro Granite Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Aro Granite Industries Limited. The current cmo is -32.56875447.

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
Aro Granite Industries Limited Daily Chande Momentum Oscillator (CMO) ChartAro Granite Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Aro Granite Industries Limited. The current willr is -68.33333333.

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 Aro Granite Industries Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Aro Granite Industries Limited Daily Williams %R ChartAro Granite Industries 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 Aro Granite Industries Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Aro Granite Industries Limited. The current atr is 3.63288314.

Aro Granite Industries Limited Daily Average True Range (ATR) ChartAro Granite Industries 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 Aro Granite Industries Limited. The current obv is 8,061,846.

Aro Granite Industries Limited Daily On-Balance Volume (OBV) ChartAro Granite Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Aro Granite Industries Limited. The current mfi is 50.19.

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

  • MFI > 50: +1
Aro Granite Industries Limited Daily Money Flow Index (MFI) ChartAro Granite Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Aro Granite Industries Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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).
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
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
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.
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02DMI 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.
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.
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-19MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12BB 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Aro Granite Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.204
Ma 20Greater thanMa 5049.345
Ma 50Greater thanMa 10054.452
Ma 100Greater thanMa 20053.032
OpenGreater thanClose46.500
Total3/5 (60.0%)
Penke

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