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ASIT C.MEHTA FINANCIAL SERVICES LTD.
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Let's analyse ASIT C.MEHTA FINANCIAL SERVICES LTD. together

PenkeI guess you are interested in ASIT C.MEHTA FINANCIAL SERVICES LTD.. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD.. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD. (30 sec.)










What can you expect buying and holding a share of ASIT C.MEHTA FINANCIAL SERVICES LTD.? (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
INR-2.04
Expected worth in 1 year
INR-81.51
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
INR-79.47
Return On Investment
-56.3%

For what price can you sell your share?

Current Price per Share
INR141.25
Expected price per share
INR132.15 - INR144.25
How sure are you?
50%

1. Valuation of ASIT C.MEHTA FINANCIAL SERVICES LTD. (5 min.)




Live pricePrice per Share (EOD)

INR141.25

Intrinsic Value Per Share

INR-746.99 - INR-899.16

Total Value Per Share

INR-749.03 - INR-901.20

2. Growth of ASIT C.MEHTA FINANCIAL SERVICES LTD. (5 min.)




Is ASIT C.MEHTA FINANCIAL SERVICES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?-$140.9k$1.2m-$1.3m-956.2%

How much money is ASIT C.MEHTA FINANCIAL SERVICES LTD. making?

Current yearPrevious yearGrowGrow %
Making money-$1m$129.8k-$1.2m-112.1%
Net Profit Margin-29.1%2.9%--

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

3. Financial Health of ASIT C.MEHTA FINANCIAL SERVICES LTD. (5 min.)




What can you expect buying and holding a share of ASIT C.MEHTA FINANCIAL SERVICES LTD.? (5 min.)

Welcome investor! ASIT C.MEHTA FINANCIAL SERVICES LTD.'s management wants to use your money to grow the business. In return you get a share of ASIT C.MEHTA FINANCIAL SERVICES LTD..

What can you expect buying and holding a share of ASIT C.MEHTA FINANCIAL SERVICES LTD.?

First you should know what it really means to hold a share of ASIT C.MEHTA FINANCIAL SERVICES LTD.. And how you can make/lose money.

Speculation

The Price per Share of ASIT C.MEHTA FINANCIAL SERVICES LTD. is INR141.25. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..
  • 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 ASIT C.MEHTA FINANCIAL SERVICES LTD., 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 INR-2.04. Based on the TTM, the Book Value Change Per Share is INR-19.87 per quarter. Based on the YOY, the Book Value Change Per Share is INR-32.92 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

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-0.19-0.1%-0.19-0.1%0.020.0%-0.050.0%-0.050.0%
Usd Book Value Change Per Share-0.24-0.2%-0.24-0.2%-0.40-0.3%0.000.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.24-0.2%-0.24-0.2%-0.40-0.3%0.000.0%0.000.0%
Usd Price Per Share1.27-1.27-0.62-0.77-0.77-
Price to Earnings Ratio-6.81--6.81-26.75--182.64--182.64-
Price-to-Total Gains Ratio-5.31--5.31--1.56--5.81--5.81-
Price to Book Ratio-51.74--51.74-2.88--9.19--9.19-
Price-to-Total Gains Ratio-5.31--5.31--1.56--5.81--5.81-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.695
Number of shares589
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.240.00
Usd Total Gains Per Share-0.240.00
Gains per Quarter (589 shares)-140.42-2.88
Gains per Year (589 shares)-561.69-11.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-562-5720-12-22
20-1123-11340-23-34
30-1685-16960-35-46
40-2247-22580-46-58
50-2808-28200-58-70
60-3370-33820-69-82
70-3932-39440-81-94
80-4493-45060-92-106
90-5055-50680-104-118
100-5617-56300-115-130

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%1.02.00.033.3%2.03.00.040.0%2.03.00.040.0%2.03.00.040.0%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%1.04.00.020.0%1.04.00.020.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.05.00.0%0.00.05.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%1.04.00.020.0%1.04.00.020.0%

Fundamentals of ASIT C.MEHTA FINANCIAL SERVICES LTD.

About ASIT C.MEHTA FINANCIAL SERVICES LTD.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable 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 just not able to pay all its debts by selling its assets.

Valuation

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

1.1. Profitability of ASIT C.MEHTA FINANCIAL SERVICES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ASIT C.MEHTA FINANCIAL SERVICES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • A Net Profit Margin of -29.1% means that ₹-0.29 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is -29.1%. The company is making a huge loss. -2
  • The TTM is -29.1%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-29.1%TTM-29.1%0.0%
TTM-29.1%YOY2.9%-32.0%
TTM-29.1%5Y-8.7%-20.4%
5Y-8.7%10Y-8.7%0.0%
1.1.2. Return on Assets

Shows how efficient ASIT C.MEHTA FINANCIAL SERVICES LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • -5.6% Return on Assets means that ASIT C.MEHTA FINANCIAL SERVICES LTD. generated ₹-0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is -5.6%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.6%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.6%TTM-5.6%0.0%
TTM-5.6%YOY0.6%-6.2%
TTM-5.6%5Y-1.5%-4.1%
5Y-1.5%10Y-1.5%0.0%
1.1.3. Return on Equity

Shows how efficient ASIT C.MEHTA FINANCIAL SERVICES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • 0.0% Return on Equity means ASIT C.MEHTA FINANCIAL SERVICES LTD. generated ₹0.00 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY18.5%-18.5%
TTM-5Y0.0%+0.0%
5Y0.0%10Y0.0%0.0%

1.2. Operating Efficiency of ASIT C.MEHTA FINANCIAL SERVICES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ASIT C.MEHTA FINANCIAL SERVICES LTD. is operating .

  • Measures how much profit ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

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

Measures how efficient ASIT C.MEHTA FINANCIAL SERVICES LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.42 means that the operating costs are ₹1.42 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 1.417. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.417. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.417TTM1.4170.000
TTM1.417YOY1.040+0.376
TTM1.4175Y1.247+0.170
5Y1.24710Y1.2470.000

1.3. Liquidity of ASIT C.MEHTA FINANCIAL SERVICES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if ASIT C.MEHTA FINANCIAL SERVICES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.74 means the company has ₹0.74 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 0.739. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.739. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.739TTM0.7390.000
TTM0.739YOY0.849-0.110
TTM0.7395Y0.831-0.092
5Y0.83110Y0.8310.000
1.3.2. Quick Ratio

Measures if ASIT C.MEHTA FINANCIAL SERVICES LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • A Quick Ratio of 0.61 means the company can pay off ₹0.61 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 0.609. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.609. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.609TTM0.6090.000
TTM0.609YOY0.102+0.507
TTM0.6095Y0.263+0.346
5Y0.26310Y0.2630.000

1.4. Solvency of ASIT C.MEHTA FINANCIAL SERVICES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ASIT C.MEHTA FINANCIAL SERVICES LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to industry mean.
  • A Debt to Asset Ratio of 1.01 means that ASIT C.MEHTA FINANCIAL SERVICES LTD. assets are financed with 100.7% credit (debt) and the remaining percentage (100% - 100.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 1.007. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.007. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.007TTM1.0070.000
TTM1.007YOY0.941+0.066
TTM1.0075Y0.885+0.122
5Y0.88510Y0.8850.000
1.4.2. Debt to Equity Ratio

Measures if ASIT C.MEHTA FINANCIAL SERVICES LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • A Debt to Equity ratio of 0.0% means that company has ₹0.00 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY27.354-27.354
TTM-5Y8.663-8.663
5Y8.66310Y8.6630.000

2. Market Valuation of ASIT C.MEHTA FINANCIAL SERVICES LTD.

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 ASIT C.MEHTA FINANCIAL SERVICES LTD. generates.

  • Above 15 is considered overpriced but always compare ASIT C.MEHTA FINANCIAL SERVICES LTD. to the  industry mean.
  • A PE ratio of -6.81 means the investor is paying ₹-6.81 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The EOD is -9.125. Based on the earnings, the company is expensive. -2
  • The MRQ is -6.812. Based on the earnings, the company is expensive. -2
  • The TTM is -6.812. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.125MRQ-6.812-2.313
MRQ-6.812TTM-6.8120.000
TTM-6.812YOY26.754-33.566
TTM-6.8125Y-182.638+175.826
5Y-182.63810Y-182.6380.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The EOD is -11.364. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.484. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.484. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-11.364MRQ-8.484-2.880
MRQ-8.484TTM-8.4840.000
TTM-8.484YOY-1.984-6.500
TTM-8.4845Y-3.209-5.274
5Y-3.20910Y-3.2090.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 -51.74 means the investor is paying ₹-51.74 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of ASIT C.MEHTA FINANCIAL SERVICES LTD.:

  • The EOD is -69.305. Based on the equity, the company is expensive. -2
  • The MRQ is -51.740. Based on the equity, the company is expensive. -2
  • The TTM is -51.740. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-69.305MRQ-51.740-17.566
MRQ-51.740TTM-51.7400.000
TTM-51.740YOY2.880-54.620
TTM-51.7405Y-9.194-42.546
5Y-9.19410Y-9.1940.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ASIT C.MEHTA FINANCIAL SERVICES LTD. 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---19.867-19.8670%-32.917+66%-0.408-98%-0.408-98%
Book Value Per Share---2.038-2.0380%17.829-111%39.657-105%39.657-105%
Current Ratio--0.7390.7390%0.849-13%0.831-11%0.831-11%
Debt To Asset Ratio--1.0071.0070%0.941+7%0.885+14%0.885+14%
Debt To Equity Ratio----0%27.354-100%8.663-100%8.663-100%
Dividend Per Share----0%-0%-0%-0%
Eps---15.480-15.4800%1.919-907%-4.471-71%-4.471-71%
Free Cash Flow Per Share---12.430-12.4300%-25.888+108%-6.041-51%-6.041-51%
Free Cash Flow To Equity Per Share---12.430-12.4300%-25.888+108%-9.493-24%-9.493-24%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---899.160--------
Intrinsic Value_10Y_min---746.992--------
Intrinsic Value_1Y_max---33.313--------
Intrinsic Value_1Y_min---32.370--------
Intrinsic Value_3Y_max---143.372--------
Intrinsic Value_3Y_min---134.632--------
Intrinsic Value_5Y_max---305.611--------
Intrinsic Value_5Y_min---277.068--------
Market Cap--607581810.000607581810.0000%289584730.500+110%348263737.490+74%348263737.490+74%
Net Profit Margin---0.291-0.2910%0.029-1101%-0.087-70%-0.087-70%
Operating Margin----0%-0%-0%-0%
Operating Ratio--1.4171.4170%1.040+36%1.247+14%1.247+14%
Pb Ratio-69.305-34%-51.740-51.7400%2.880-1896%-9.194-82%-9.194-82%
Pe Ratio-9.125-34%-6.812-6.8120%26.754-125%-182.638+2581%-182.638+2581%
Price Per Share141.250+25%105.450105.4500%51.350+105%63.890+65%63.890+65%
Price To Free Cash Flow Ratio-11.364-34%-8.484-8.4840%-1.984-77%-3.209-62%-3.209-62%
Price To Total Gains Ratio-7.110-34%-5.308-5.3080%-1.560-71%-5.807+9%-5.807+9%
Quick Ratio--0.6090.6090%0.102+497%0.263+131%0.263+131%
Return On Assets---0.056-0.0560%0.006-981%-0.015-73%-0.015-73%
Return On Equity----0%0.185-100%0.0000%0.0000%
Total Gains Per Share---19.867-19.8670%-32.917+66%-0.408-98%-0.408-98%
Usd Book Value---140916.000-140916.0000%1206552.000-112%2426361.960-106%2426361.960-106%
Usd Book Value Change Per Share---0.238-0.2380%-0.395+66%-0.005-98%-0.005-98%
Usd Book Value Per Share---0.024-0.0240%0.214-111%0.476-105%0.476-105%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.186-0.1860%0.023-907%-0.054-71%-0.054-71%
Usd Free Cash Flow---859428.000-859428.0000%-1751952.000+104%-455687.256-47%-455687.256-47%
Usd Free Cash Flow Per Share---0.149-0.1490%-0.311+108%-0.072-51%-0.072-51%
Usd Free Cash Flow To Equity Per Share---0.149-0.1490%-0.311+108%-0.114-24%-0.114-24%
Usd Market Cap--7290981.7207290981.7200%3475016.766+110%4179164.850+74%4179164.850+74%
Usd Price Per Share1.695+25%1.2651.2650%0.616+105%0.767+65%0.767+65%
Usd Profit---1070316.000-1070316.0000%129888.000-924%-290261.784-73%-290261.784-73%
Usd Revenue--3682824.0003682824.0000%4473732.000-18%4110654.408-10%4110654.408-10%
Usd Total Gains Per Share---0.238-0.2380%-0.395+66%-0.005-98%-0.005-98%
 EOD+4 -2MRQTTM+0 -0YOY+17 -155Y+8 -2310Y+8 -23

3.2. Fundamental Score

Let's check the fundamental score of ASIT C.MEHTA FINANCIAL SERVICES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-9.125
Price to Book Ratio (EOD)Between0-1-69.305
Net Profit Margin (MRQ)Greater than0-0.291
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.609
Current Ratio (MRQ)Greater than10.739
Debt to Asset Ratio (MRQ)Less than11.007
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.056
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of ASIT C.MEHTA FINANCIAL SERVICES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose143.100
Total1/1 (100.0%)



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 332,254-83,200249,054-1,668247,386-188,79158,595-92,931-34,336



Latest Balance Sheet

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

Summary
Total Assets1,592,918
Total Liabilities1,604,661
Total Stockholder Equity-34,336
 As reported
Total Liabilities 1,604,661
Total Stockholder Equity+ -34,336
Total Assets = 1,592,918

Assets

Total Assets1,592,918
Total Current Assets748,051
Long-term Assets844,867
Total Current Assets
Cash And Cash Equivalents 110,558
Short-term Investments 553,027
Net Receivables 63,371
Other Current Assets 1,635
Total Current Assets  (as reported)748,051
Total Current Assets  (calculated)728,591
+/- 19,460
Long-term Assets
Property Plant Equipment 170,093
Goodwill 32,260
Intangible Assets 4,726
Long-term Assets  (as reported)844,867
Long-term Assets  (calculated)207,079
+/- 637,788

Liabilities & Shareholders' Equity

Total Current Liabilities1,011,796
Long-term Liabilities592,865
Total Stockholder Equity-34,336
Total Current Liabilities
Short Long Term Debt 579,621
Accounts payable 389,812
Other Current Liabilities 15,566
Total Current Liabilities  (as reported)1,011,796
Total Current Liabilities  (calculated)984,999
+/- 26,797
Long-term Liabilities
Long term Debt 582,978
Capital Lease Obligations Min Short Term Debt225
Long-term Liabilities Other 5,555
Long-term Liabilities  (as reported)592,865
Long-term Liabilities  (calculated)588,758
+/- 4,107
Total Stockholder Equity
Total Stockholder Equity (as reported)-34,336
Total Stockholder Equity (calculated)0
+/- 34,336
Other
Capital Stock49,526
Common Stock Shares Outstanding 5,762
Net Debt 1,052,041
Net Invested Capital 1,128,263
Net Working Capital -263,745
Property Plant and Equipment Gross 210,080



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
1,970,061
1,721,572
1,596,342
1,703,362
1,592,918
1,592,9181,703,3621,596,3421,721,5721,970,06100
   > Total Current Assets 
709,300
898,269
1,112,725
911,589
825,224
898,268
748,051
748,051898,268825,224911,5891,112,725898,269709,300
       Cash And Cash Equivalents 
0
0
21,433
136,977
98,785
121,015
110,558
110,558121,01598,785136,97721,43300
       Short-term Investments 
0
0
677
677
770
49,278
553,027
553,02749,27877067767700
       Net Receivables 
289,128
224,897
413,983
235,109
58,851
58,602
63,371
63,37158,60258,851235,109413,983224,897289,128
       Other Current Assets 
380,514
517,806
677,308
539,503
55,595
527
1,635
1,63552755,595539,503677,308517,806380,514
   > Long-term Assets 
0
0
857,336
809,983
771,118
805,094
844,867
844,867805,094771,118809,983857,33600
       Property Plant Equipment 
28,378
33,219
39,637
18,380
61,382
160,975
170,093
170,093160,97561,38218,38039,63733,21928,378
       Goodwill 
0
0
40,012
40,012
40,012
32,260
32,260
32,26032,26040,01240,01240,01200
       Intangible Assets 
0
0
24,360
30,712
4,023
3,858
4,726
4,7263,8584,02330,71224,36000
       Long-term Assets Other 
0
0
0
0
7,689
374
-1
-13747,6890000
> Total Liabilities 
0
0
1,595,982
1,458,837
1,310,975
1,602,816
1,604,661
1,604,6611,602,8161,310,9751,458,8371,595,98200
   > Total Current Liabilities 
866,704
1,028,913
1,231,678
1,143,828
953,489
1,057,462
1,011,796
1,011,7961,057,462953,4891,143,8281,231,6781,028,913866,704
       Short Long Term Debt 
0
0
580,164
469,755
361,755
527,168
579,621
579,621527,168361,755469,755580,16400
       Accounts payable 
406,828
367,619
369,987
391,147
550,144
487,563
389,812
389,812487,563550,144391,147369,987367,619406,828
       Other Current Liabilities 
69,051
269,939
269,119
272,565
9,872
17,440
15,566
15,56617,4409,872272,565269,119269,93969,051
   > Long-term Liabilities 
0
0
364,303
315,008
357,486
545,354
592,865
592,865545,354357,486315,008364,30300
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
368
225
22536800000
       Long-term Liabilities Other 
0
0
0
0
0
0
5,555
5,555000000
> Total Stockholder Equity
0
0
332,254
249,054
247,386
58,595
-34,336
-34,33658,595247,386249,054332,25400
   Common Stock
49,526
49,526
49,526
49,526
0
0
0
00049,52649,52649,52649,526
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
6,055
73,775
75,007
51,993
0
0
0
00051,99375,00773,7756,055



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 (+$)
totalRevenue306,902
Cost of Revenue-100,478
Gross Profit206,424206,424
 
Operating Income (+$)
Gross Profit206,424
Operating Expense-334,272
Operating Income-27,370-127,848
 
Operating Expense (+$)
Research Development0
Selling General Administrative19,987
Selling And Marketing Expenses0
Operating Expense334,27219,987
 
Net Interest Income (+$)
Interest Income30,184
Interest Expense-99,860
Other Finance Cost-1,855
Net Interest Income-71,531
 
Pretax Income (+$)
Operating Income-27,370
Net Interest Income-71,531
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-103,369-27,370
EBIT - interestExpense = -99,860
-89,193
10,667
Interest Expense99,860
Earnings Before Interest and Taxes (EBIT)0-3,509
Earnings Before Interest and Taxes (EBITDA)13,917
 
After tax Income (+$)
Income Before Tax-103,369
Tax Provision--10,244
Net Income From Continuing Ops-93,125-93,125
Net Income-89,193
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net071,531
 

Technical Analysis of ASIT C.MEHTA FINANCIAL SERVICES LTD.
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 ASIT C.MEHTA FINANCIAL SERVICES LTD.. The general trend of ASIT C.MEHTA FINANCIAL SERVICES LTD. is UNKNOWN with 0.0% 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 ASIT C.MEHTA FINANCIAL SERVICES LTD.'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 StateBullish trend Bearish trend
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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 143.05 < 143.50 < 144.25.

The bearish price targets are: 138.00 > 135.90 > 132.15.

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ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD.. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

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

ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD.. The current adx is .

ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Relative Strength Index (RSI) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Stochastic Oscillator ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Commodity Channel Index (CCI) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Chande Momentum Oscillator (CMO) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Williams %R ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Average True Range (ATR) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily On-Balance Volume (OBV) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. 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 ASIT C.MEHTA FINANCIAL SERVICES LTD..

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Money Flow Index (MFI) ChartASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ASIT C.MEHTA FINANCIAL SERVICES LTD..

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

6.3. Candlestick Patterns

ASIT C.MEHTA FINANCIAL SERVICES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ASIT C.MEHTA FINANCIAL SERVICES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose143.100
Total1/1 (100.0%)
Penke

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