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BAJAJ ELECTRICALS LTD.-$
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I'm going to help you getting a better view of BAJAJ ELECTRICALS 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.

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Quick analysis of BAJAJ ELECTRICALS LTD.-$ (30 sec.)










What can you expect buying and holding a share of BAJAJ ELECTRICALS LTD.-$? (30 sec.)

How much money do you get?

How much money do you get?
INR0.14
When do you have the money?
1 year
How often do you get paid?
80.0%

What is your share worth?

Current worth
INR165.56
Expected worth in 1 year
INR235.71
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR82.11
Return On Investment
9.1%

For what price can you sell your share?

Current Price per Share
INR905.60
Expected price per share
INR898.34 - INR980.00
How sure are you?
50%

1. Valuation of BAJAJ ELECTRICALS LTD.-$ (5 min.)




Live pricePrice per Share (EOD)

INR905.60

Intrinsic Value Per Share

INR-23.84 - INR843.76

Total Value Per Share

INR141.72 - INR1,009.33

2. Growth of BAJAJ ELECTRICALS LTD.-$ (5 min.)




Is BAJAJ ELECTRICALS LTD.-$ growing?

Current yearPrevious yearGrowGrow %
How rich?$228.8m$204.6m$24.2m10.6%

How much money is BAJAJ ELECTRICALS LTD.-$ making?

Current yearPrevious yearGrowGrow %
Making money$25.9m$15.4m$10.5m40.6%
Net Profit Margin4.0%2.7%--

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

3. Financial Health of BAJAJ ELECTRICALS LTD.-$ (5 min.)




4. Comparing to competitors in the Furnishings, Fixtures & Appliances industry (5 min.)




  Industry Rankings (Furnishings, Fixtures & Appliances)  


Richest
#94 / 261

Most Revenue
#31 / 261

Most Profit
#39 / 261

Most Efficient
#107 / 261

What can you expect buying and holding a share of BAJAJ ELECTRICALS LTD.-$? (5 min.)

Welcome investor! BAJAJ ELECTRICALS LTD.-$'s management wants to use your money to grow the business. In return you get a share of BAJAJ ELECTRICALS LTD.-$.

What can you expect buying and holding a share of BAJAJ ELECTRICALS LTD.-$?

First you should know what it really means to hold a share of BAJAJ ELECTRICALS LTD.-$. And how you can make/lose money.

Speculation

The Price per Share of BAJAJ ELECTRICALS LTD.-$ is INR905.60. 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 BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS 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 INR165.56. Based on the TTM, the Book Value Change Per Share is INR17.54 per quarter. Based on the YOY, the Book Value Change Per Share is INR11.02 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 INR2.99 per quarter.
Based on historical numbers we can estimate the returns while holding a share of BAJAJ ELECTRICALS 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 Eps0.230.0%0.230.0%0.130.0%0.140.0%0.100.0%
Usd Book Value Change Per Share0.210.0%0.210.0%0.130.0%0.200.0%0.200.0%
Usd Dividend Per Share0.040.0%0.040.0%0.000.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.250.0%0.250.0%0.130.0%0.220.0%0.220.0%
Usd Price Per Share12.63-12.63-12.90-9.43-6.62-
Price to Earnings Ratio56.06-56.06-96.36--15.86--76.09-
Price-to-Total Gains Ratio51.25-51.25-97.52-49.72-1.92-
Price to Book Ratio6.35-6.35-7.26-5.83-5.17-
Price-to-Total Gains Ratio51.25-51.25-97.52-49.72-1.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.8672
Number of shares92
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.02
Usd Book Value Change Per Share0.210.20
Usd Total Gains Per Share0.250.22
Gains per Quarter (92 shares)22.6620.64
Gains per Year (92 shares)90.6582.55
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
113778187473
22615517216149156
34023226324223239
45331035433298322
56638744541372405
67946553649447488
79254262757521571
810662071865595654
911969780973670737
1013277490081744820

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%7.03.00.070.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%3.00.02.060.0%8.00.02.080.0%8.00.02.080.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%

Fundamentals of BAJAJ ELECTRICALS LTD.-$

About BAJAJ ELECTRICALS LTD.-$

Bajaj Electricals Limited engages in the consumer durables; and engineering, procurement, and construction businesses in India. It operates through Consumer Products; Engineering & Projects; and Others segments. The company offers various appliances, including toasters, mixer-grinders, food processors, juicer mixer grinders, choppers and hand blenders, snack makers, wet grinders, oven toaster grill, microwave ovens, electric kettles, induction cookers, rice cookers, pressure cookers, gas stoves, non-electric kitchen appliances, irons, storage water heaters, pans and tavas, gas water heaters, instant water heaters, room heaters, air coolers, coffee makers, pop-up toasters, and electric cookers. It also provides various fans comprising ceiling, pedestal, table, wall, personal, and domestic exhaust fans, as well as air circulators. In addition, the company offers lighting products, including LED lamps, battens, panels, and electrical accessories. Further, it is involved in the design, engineering, supply, execution, and commissioning of power distribution and transmission projects, as well as illumination. Additionally, the company generates wind energy. It operates approximately 2,30,000 retail outlets. Bajaj Electricals Limited exports its products to Sri Lanka, Bangladesh, Singapore, Myanmar, Mauritius, Nigeria, Ethiopia, Uganda, Ghana, Tanzania, Madagascar, Kenya, Egypt, the United Arab Emirates, Oman, Bahrain, Iraq, Jordan, and other countries. The company was formerly known as Radio Lamp Works Limited and changed its name to Bajaj Electricals Limited in October 1960. The company was incorporated in 1938 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 06:56:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is fair priced.

1.1. Profitability of BAJAJ ELECTRICALS LTD.-$.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit BAJAJ ELECTRICALS LTD.-$ earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • A Net Profit Margin of 4.0% 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 BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 4.0%. The company is making a profit. +1
  • The TTM is 4.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY2.7%+1.3%
TTM4.0%5Y2.6%+1.4%
5Y2.6%10Y1.9%+0.7%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%3.6%+0.4%
TTM4.0%2.9%+1.1%
YOY2.7%3.7%-1.0%
5Y2.6%3.5%-0.9%
10Y1.9%4.1%-2.2%
1.1.2. Return on Assets

Shows how efficient BAJAJ ELECTRICALS LTD.-$ is using its assets to generate profit.

  • Above 5% is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • 4.6% Return on Assets means that BAJAJ ELECTRICALS LTD.-$ generated ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 4.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.6%0.0%
TTM4.6%YOY3.2%+1.4%
TTM4.6%5Y3.0%+1.6%
5Y3.0%10Y2.4%+0.6%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%1.1%+3.5%
TTM4.6%0.9%+3.7%
YOY3.2%1.2%+2.0%
5Y3.0%1.2%+1.8%
10Y2.4%1.5%+0.9%
1.1.3. Return on Equity

Shows how efficient BAJAJ ELECTRICALS LTD.-$ is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • 11.3% Return on Equity means BAJAJ ELECTRICALS LTD.-$ generated ₹0.11 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 11.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.3%TTM11.3%0.0%
TTM11.3%YOY7.4%+3.9%
TTM11.3%5Y9.0%+2.3%
5Y9.0%10Y7.7%+1.3%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3%2.4%+8.9%
TTM11.3%2.0%+9.3%
YOY7.4%2.6%+4.8%
5Y9.0%2.6%+6.4%
10Y7.7%3.0%+4.7%

1.2. Operating Efficiency of BAJAJ ELECTRICALS LTD.-$.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient BAJAJ ELECTRICALS LTD.-$ is operating .

  • Measures how much profit BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • An Operating Margin of 5.2% means the company generated ₹0.05  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 5.2%. The company is operating less efficient.
  • The TTM is 5.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY4.6%+0.5%
TTM5.2%5Y4.6%+0.6%
5Y4.6%10Y4.2%+0.4%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%5.9%-0.7%
TTM5.2%2.9%+2.3%
YOY4.6%5.6%-1.0%
5Y4.6%5.4%-0.8%
10Y4.2%4.7%-0.5%
1.2.2. Operating Ratio

Measures how efficient BAJAJ ELECTRICALS LTD.-$ is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • An Operation Ratio of 1.65 means that the operating costs are ₹1.65 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 1.654. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.654. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.654TTM1.6540.000
TTM1.654YOY1.688-0.034
TTM1.6545Y1.690-0.036
5Y1.69010Y1.704-0.014
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6541.509+0.145
TTM1.6541.511+0.143
YOY1.6881.457+0.231
5Y1.6901.442+0.248
10Y1.7041.192+0.512

1.3. Liquidity of BAJAJ ELECTRICALS LTD.-$.

1.3. Liquidity
1.3.1. Current Ratio

Measures if BAJAJ ELECTRICALS LTD.-$ is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A Current Ratio of 1.30 means the company has ₹1.30 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 1.304. The company is just able to pay all its short-term debts.
  • The TTM is 1.304. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.304TTM1.3040.000
TTM1.304YOY1.210+0.094
TTM1.3045Y1.168+0.136
5Y1.16810Y1.105+0.064
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3041.611-0.307
TTM1.3041.637-0.333
YOY1.2101.684-0.474
5Y1.1681.723-0.555
10Y1.1051.568-0.463
1.3.2. Quick Ratio

Measures if BAJAJ ELECTRICALS LTD.-$ is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • A Quick Ratio of 0.60 means the company can pay off ₹0.60 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 0.597. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.597. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.597TTM0.5970.000
TTM0.597YOY0.539+0.058
TTM0.5975Y0.634-0.036
5Y0.63410Y0.673-0.039
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5970.620-0.023
TTM0.5970.629-0.032
YOY0.5390.708-0.169
5Y0.6340.744-0.110
10Y0.6730.726-0.053

1.4. Solvency of BAJAJ ELECTRICALS LTD.-$.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of BAJAJ ELECTRICALS LTD.-$ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Asset Ratio of 0.59 means that BAJAJ ELECTRICALS LTD.-$ assets are financed with 59.2% credit (debt) and the remaining percentage (100% - 59.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 0.592. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.592. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.592TTM0.5920.000
TTM0.592YOY0.573+0.019
TTM0.5925Y0.659-0.067
5Y0.65910Y0.698-0.039
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5920.488+0.104
TTM0.5920.488+0.104
YOY0.5730.497+0.076
5Y0.6590.475+0.184
10Y0.6980.460+0.238
1.4.2. Debt to Equity Ratio

Measures if BAJAJ ELECTRICALS LTD.-$ is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Equity ratio of 145.2% means that company has ₹1.45 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The MRQ is 1.452. The company is able to pay all its debts with equity. +1
  • The TTM is 1.452. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.452TTM1.4520.000
TTM1.452YOY1.320+0.132
TTM1.4525Y2.154-0.701
5Y2.15410Y2.486-0.332
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4520.956+0.496
TTM1.4520.956+0.496
YOY1.3200.987+0.333
5Y2.1540.973+1.181
10Y2.4860.941+1.545

2. Market Valuation of BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$ generates.

  • Above 15 is considered overpriced but always compare BAJAJ ELECTRICALS LTD.-$ to the Furnishings, Fixtures & Appliances industry mean.
  • A PE ratio of 56.06 means the investor is paying ₹56.06 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The EOD is 48.255. Based on the earnings, the company is overpriced. -1
  • The MRQ is 56.061. Based on the earnings, the company is expensive. -2
  • The TTM is 56.061. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD48.255MRQ56.061-7.806
MRQ56.061TTM56.0610.000
TTM56.061YOY96.358-40.297
TTM56.0615Y-15.862+71.923
5Y-15.86210Y-76.085+60.223
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD48.25510.091+38.164
MRQ56.06110.197+45.864
TTM56.06111.524+44.537
YOY96.35813.694+82.664
5Y-15.86215.673-31.535
10Y-76.08518.976-95.061
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The EOD is 28.555. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 33.174. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 33.174. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD28.555MRQ33.174-4.619
MRQ33.174TTM33.1740.000
TTM33.174YOY14.769+18.405
TTM33.1745Y12.368+20.806
5Y12.36810Y10.432+1.936
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD28.5553.932+24.623
MRQ33.1743.411+29.763
TTM33.1742.115+31.059
YOY14.7691.097+13.672
5Y12.3682.442+9.926
10Y10.4322.588+7.844
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of BAJAJ ELECTRICALS LTD.-$ is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • A PB ratio of 6.35 means the investor is paying ₹6.35 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of BAJAJ ELECTRICALS LTD.-$:

  • The EOD is 5.470. Based on the equity, the company is overpriced. -1
  • The MRQ is 6.355. Based on the equity, the company is overpriced. -1
  • The TTM is 6.355. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.470MRQ6.355-0.885
MRQ6.355TTM6.3550.000
TTM6.355YOY7.262-0.907
TTM6.3555Y5.827+0.528
5Y5.82710Y5.167+0.660
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD5.4701.596+3.874
MRQ6.3551.582+4.773
TTM6.3551.620+4.735
YOY7.2621.848+5.414
5Y5.8271.928+3.899
10Y5.1672.167+3.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of BAJAJ ELECTRICALS 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--17.53617.5360%11.024+59%16.853+4%16.556+6%
Book Value Per Share--165.563165.5630%148.027+12%131.859+26%100.218+65%
Current Ratio--1.3041.3040%1.210+8%1.168+12%1.105+18%
Debt To Asset Ratio--0.5920.5920%0.573+3%0.659-10%0.698-15%
Debt To Equity Ratio--1.4521.4520%1.320+10%2.154-33%2.486-42%
Dividend Per Share--2.9922.9920%-+100%1.841+63%1.846+62%
Eps--18.76718.7670%11.156+68%11.847+58%8.305+126%
Free Cash Flow Per Share--31.71531.7150%72.788-56%30.198+5%19.071+66%
Free Cash Flow To Equity Per Share--31.71531.7150%5.842+443%10.105+214%4.575+593%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--843.765--------
Intrinsic Value_10Y_min---23.841--------
Intrinsic Value_1Y_max--59.711--------
Intrinsic Value_1Y_min--22.207--------
Intrinsic Value_3Y_max--198.338--------
Intrinsic Value_3Y_min--45.816--------
Intrinsic Value_5Y_max--359.790--------
Intrinsic Value_5Y_min--46.329--------
Market Cap104321497600.000-16%121197711600.000121197711600.0000%123835700000.000-2%90562489663.920+34%63523108563.920+91%
Net Profit Margin--0.0400.0400%0.027+49%0.026+54%0.019+111%
Operating Margin--0.0520.0520%0.046+12%0.046+12%0.042+22%
Operating Ratio--1.6541.6540%1.688-2%1.690-2%1.704-3%
Pb Ratio5.470-16%6.3556.3550%7.262-12%5.827+9%5.167+23%
Pe Ratio48.255-16%56.06156.0610%96.358-42%-15.862+128%-76.085+236%
Price Per Share905.600-16%1052.1001052.1000%1075.000-2%786.160+34%551.435+91%
Price To Free Cash Flow Ratio28.555-16%33.17433.1740%14.769+125%12.368+168%10.432+218%
Price To Total Gains Ratio44.115-16%51.25251.2520%97.518-47%49.724+3%1.918+2572%
Quick Ratio--0.5970.5970%0.539+11%0.634-6%0.673-11%
Return On Assets--0.0460.0460%0.032+44%0.030+53%0.024+94%
Return On Equity--0.1130.1130%0.074+53%0.090+26%0.077+47%
Total Gains Per Share--20.52820.5280%11.024+86%18.694+10%18.402+12%
Usd Book Value--228866400.000228866400.0000%204625704.000+12%182276162.400+26%138536642.400+65%
Usd Book Value Change Per Share--0.2100.2100%0.132+59%0.202+4%0.199+6%
Usd Book Value Per Share--1.9871.9870%1.776+12%1.582+26%1.203+65%
Usd Dividend Per Share--0.0360.0360%-+100%0.022+63%0.022+62%
Usd Eps--0.2250.2250%0.134+68%0.142+58%0.100+126%
Usd Free Cash Flow--43840800.00043840800.0000%100618860.000-56%41744332.800+5%26362795.200+66%
Usd Free Cash Flow Per Share--0.3810.3810%0.873-56%0.362+5%0.229+66%
Usd Free Cash Flow To Equity Per Share--0.3810.3810%0.070+443%0.121+214%0.055+593%
Usd Market Cap1251857971.200-16%1454372539.2001454372539.2000%1486028400.000-2%1086749875.967+34%762277302.767+91%
Usd Price Per Share10.867-16%12.62512.6250%12.900-2%9.434+34%6.617+91%
Usd Profit--25942800.00025942800.0000%15421980.000+68%16376841.600+58%11480602.800+126%
Usd Revenue--640762800.000640762800.0000%567323088.000+13%629946333.600+2%576753848.400+11%
Usd Total Gains Per Share--0.2460.2460%0.132+86%0.224+10%0.221+12%
 EOD+4 -4MRQTTM+0 -0YOY+25 -105Y+30 -510Y+30 -5

3.2. Fundamental Score

Let's check the fundamental score of BAJAJ ELECTRICALS LTD.-$ based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1548.255
Price to Book Ratio (EOD)Between0-15.470
Net Profit Margin (MRQ)Greater than00.040
Operating Margin (MRQ)Greater than00.052
Quick Ratio (MRQ)Greater than10.597
Current Ratio (MRQ)Greater than11.304
Debt to Asset Ratio (MRQ)Less than10.592
Debt to Equity Ratio (MRQ)Less than11.452
Return on Equity (MRQ)Greater than0.150.113
Return on Assets (MRQ)Greater than0.050.046
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of BAJAJ ELECTRICALS LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.112
Ma 20Greater thanMa 50960.538
Ma 50Greater thanMa 1001,002.323
Ma 100Greater thanMa 2001,006.562
OpenGreater thanClose919.000
Total1/5 (20.0%)



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
Minority Interest  28,161-18,09010,0715,80915,88025,21941,099-58,799-17,700



Latest Balance Sheet

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

Summary
Total Assets46,771,600
Total Liabilities27,699,400
Total Stockholder Equity19,072,200
 As reported
Total Liabilities 27,699,400
Total Stockholder Equity+ 19,072,200
Total Assets = 46,771,600

Assets

Total Assets46,771,600
Total Current Assets34,124,600
Long-term Assets12,647,000
Total Current Assets
Cash And Cash Equivalents 3,417,600
Short-term Investments 821,000
Net Receivables 14,806,232
Inventory 10,720,700
Other Current Assets 3,868,600
Total Current Assets  (as reported)34,124,600
Total Current Assets  (calculated)33,634,132
+/- 490,468
Long-term Assets
Property Plant Equipment 5,194,800
Goodwill 1,900,100
Intangible Assets 206,900
Long-term Assets Other 1,558,400
Long-term Assets  (as reported)12,647,000
Long-term Assets  (calculated)8,860,200
+/- 3,786,800

Liabilities & Shareholders' Equity

Total Current Liabilities26,166,600
Long-term Liabilities1,532,800
Total Stockholder Equity19,072,200
Total Current Liabilities
Short Long Term Debt 1,700
Accounts payable 15,690,200
Other Current Liabilities 775,300
Total Current Liabilities  (as reported)26,166,600
Total Current Liabilities  (calculated)16,467,200
+/- 9,699,400
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt1,012,400
Long-term Liabilities  (as reported)1,532,800
Long-term Liabilities  (calculated)1,012,400
+/- 520,400
Total Stockholder Equity
Retained Earnings 7,606,903
Total Stockholder Equity (as reported)19,072,200
Total Stockholder Equity (calculated)7,606,903
+/- 11,465,297
Other
Capital Stock230,200
Common Stock Shares Outstanding 115,076
Net Invested Capital 19,073,900
Net Working Capital 7,958,000
Property Plant and Equipment Gross 5,194,800



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
26,850,218
28,297,088
29,569,261
30,721,783
34,658,641
51,789,708
45,671,961
42,677,210
39,915,719
46,771,600
46,771,60039,915,71942,677,21045,671,96151,789,70834,658,64130,721,78329,569,26128,297,08826,850,218
   > Total Current Assets 
18,731,894
19,724,090
20,823,867
21,251,432
26,764,149
39,905,102
32,990,091
29,697,816
26,110,796
34,124,600
34,124,60026,110,79629,697,81632,990,09139,905,10226,764,14921,251,43220,823,86719,724,09018,731,894
       Cash And Cash Equivalents 
543,073
376,609
554,962
250,823
258,253
112,072
1,016,333
456,358
1,188,150
3,417,600
3,417,6001,188,150456,3581,016,333112,072258,253250,823554,962376,609543,073
       Short-term Investments 
47
33,333
0
500
39,220
42,367
22,340
152,161
230,500
821,000
821,000230,500152,16122,34042,36739,220500033,33347
       Net Receivables 
12,783,789
13,712,039
14,745,954
13,807,104
18,252,266
28,142,259
20,489,908
15,121,595
11,395,123
14,806,232
14,806,23211,395,12315,121,59520,489,90828,142,25918,252,26613,807,10414,745,95413,712,03912,783,789
       Inventory 
4,467,033
4,746,479
5,065,468
5,711,483
5,791,606
8,302,482
6,988,672
9,863,997
9,978,802
10,720,700
10,720,7009,978,8029,863,9976,988,6728,302,4825,791,6065,711,4835,065,4684,746,4794,467,033
       Other Current Assets 
937,952
855,630
457,483
1,088,486
2,311,261
3,106,936
3,213,799
3,236,341
2,622,804
3,868,600
3,868,6002,622,8043,236,3413,213,7993,106,9362,311,2611,088,486457,483855,630937,952
   > Long-term Assets 
0
0
0
9,398,875
7,894,492
11,884,606
12,681,870
12,979,394
13,804,923
12,647,000
12,647,00013,804,92312,979,39412,681,87011,884,6067,894,4929,398,875000
       Property Plant Equipment 
2,517,632
2,808,348
2,970,715
3,178,901
3,160,519
3,533,998
4,405,089
5,100,920
5,896,946
5,194,800
5,194,8005,896,9465,100,9204,405,0893,533,9983,160,5193,178,9012,970,7152,808,3482,517,632
       Goodwill 
0
0
0
0
0
249,439
264,436
264,436
1,900,110
1,900,100
1,900,1001,900,110264,436264,436249,43900000
       Long Term Investments 
673,345
592,061
772,147
719,969
76,492
107,662
0
0
0
0
0000107,66276,492719,969772,147592,061673,345
       Intangible Assets 
0
51
503
239
61,150
238,912
177,465
193,659
221,247
206,900
206,900221,247193,659177,465238,91261,150239503510
       Long-term Assets Other 
0
0
0
300,060
953,117
715,834
670,009
322,185
3,994
1,558,400
1,558,4003,994322,185670,009715,834953,117300,060000
> Total Liabilities 
19,754,337
21,427,247
22,032,399
22,090,687
25,293,520
41,230,420
32,189,452
26,894,948
22,863,577
27,699,400
27,699,40022,863,57726,894,94832,189,45241,230,42025,293,52022,090,68722,032,39921,427,24719,754,337
   > Total Current Liabilities 
18,169,527
19,167,403
20,032,061
21,098,550
24,389,873
38,179,799
29,610,673
25,415,039
21,575,926
26,166,600
26,166,60021,575,92625,415,03929,610,67338,179,79924,389,87321,098,55020,032,06119,167,40318,169,527
       Short-term Debt 
3,484,377
221,004
775,983
6,072,936
7,116,327
13,773,636
0
0
0
0
000013,773,6367,116,3276,072,936775,983221,0043,484,377
       Short Long Term Debt 
3,484,377
221,004
775,983
6,072,936
7,116,327
13,773,636
8,821,102
4,450,778
330,768
1,700
1,700330,7684,450,7788,821,10213,773,6367,116,3276,072,936775,983221,0043,484,377
       Accounts payable 
11,996,899
11,747,195
5,599,790
6,357,438
8,544,236
11,040,849
9,098,707
9,601,517
12,354,669
15,690,200
15,690,20012,354,6699,601,5179,098,70711,040,8498,544,2366,357,4385,599,79011,747,19511,996,899
       Other Current Liabilities 
3,036,516
4,051,139
4,904,650
5,959,725
4,973,884
8,904,079
6,788,655
5,967,623
4,691,855
775,300
775,3004,691,8555,967,6236,788,6558,904,0794,973,8845,959,7254,904,6504,051,1393,036,516
   > Long-term Liabilities 
0
0
0
1,053,666
903,647
3,050,621
2,578,779
1,479,909
1,287,651
1,532,800
1,532,8001,287,6511,479,9092,578,7793,050,621903,6471,053,666000
       Capital Lease Obligations 
0
0
0
0
0
0
986,288
386,329
458,780
1,012,400
1,012,400458,780386,329986,288000000
       Long-term Liabilities Other 
0
0
0
2
0
0
0
0
0
0
0000002000
> Total Stockholder Equity
7,095,881
6,869,841
7,536,862
8,631,096
9,365,121
10,559,288
13,482,509
15,782,262
17,315,540
19,072,200
19,072,20017,315,54015,782,26213,482,50910,559,2889,365,1218,631,0967,536,8626,869,8417,095,881
   Common Stock
199,938
201,525
201,898
202,580
204,075
204,799
227,535
229,073
229,748
0
0229,748229,073227,535204,799204,075202,580201,898201,525199,938
   Retained Earnings 
4,573,845
4,222,692
4,839,184
5,841,131
6,634,606
7,239,143
6,637,813
8,688,513
10,390,405
7,606,903
7,606,90310,390,4058,688,5136,637,8137,239,1436,634,6065,841,1314,839,1844,222,6924,573,845
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 
352,542
345,431
361,351
384,471
112,531
569,232
603,182
525,479
159,774
0
0159,774525,479603,182569,232112,531384,471361,351345,431352,542



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 (+$)
totalRevenue53,396,900
Cost of Revenue-37,660,600
Gross Profit15,736,30015,736,300
 
Operating Income (+$)
Gross Profit15,736,300
Operating Expense-50,637,200
Operating Income2,759,700-34,900,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative5,592,045
Selling And Marketing Expenses0
Operating Expense50,637,2005,592,045
 
Net Interest Income (+$)
Interest Income92,725
Interest Expense-483,900
Other Finance Cost-92,725
Net Interest Income-483,900
 
Pretax Income (+$)
Operating Income2,759,700
Net Interest Income-483,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,034,2002,759,700
EBIT - interestExpense = 2,275,800
2,161,900
2,645,800
Interest Expense483,900
Earnings Before Interest and Taxes (EBIT)2,759,7003,518,100
Earnings Before Interest and Taxes (EBITDA)4,335,400
 
After tax Income (+$)
Income Before Tax3,034,200
Tax Provision-872,300
Net Income From Continuing Ops2,161,9002,161,900
Net Income2,161,900
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 Net0483,900
 

Technical Analysis of BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The general trend of BAJAJ ELECTRICALS LTD.-$ is BEARISH with 100.0% 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 BAJAJ ELECTRICALS 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 zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
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 BAJAJ ELECTRICALS LTD.-$.

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: 913.70 < 978.15 < 980.00.

The bearish price targets are: 911.91 > 898.34.

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BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-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 lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower 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 lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current macd is -26.33349069.

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 BAJAJ ELECTRICALS LTD.-$ price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for BAJAJ ELECTRICALS LTD.-$. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the BAJAJ ELECTRICALS LTD.-$ 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
BAJAJ ELECTRICALS LTD.-$ Daily Moving Average Convergence/Divergence (MACD) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current adx is 34.65.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell BAJAJ ELECTRICALS LTD.-$ shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current sar is 956.53.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current rsi is 34.11. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
BAJAJ ELECTRICALS LTD.-$ Daily Relative Strength Index (RSI) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
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 < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the BAJAJ ELECTRICALS LTD.-$ price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
BAJAJ ELECTRICALS LTD.-$ Daily Stochastic Oscillator ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current cci is -119.6704268.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
BAJAJ ELECTRICALS LTD.-$ Daily Commodity Channel Index (CCI) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current cmo is -37.18236977.

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
BAJAJ ELECTRICALS LTD.-$ Daily Chande Momentum Oscillator (CMO) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current willr is -93.72384937.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
BAJAJ ELECTRICALS LTD.-$ Daily Williams %R ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$.

BAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current atr is 29.98.

BAJAJ ELECTRICALS LTD.-$ Daily Average True Range (ATR) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current obv is 5,113,917.

BAJAJ ELECTRICALS LTD.-$ Daily On-Balance Volume (OBV) ChartBAJAJ ELECTRICALS 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 BAJAJ ELECTRICALS LTD.-$. The current mfi is 14.97.

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

  • MFI < 50: -1
  • MFI < 20: -1
BAJAJ ELECTRICALS LTD.-$ Daily Money Flow Index (MFI) ChartBAJAJ ELECTRICALS LTD.-$ Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

BAJAJ ELECTRICALS LTD.-$ Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of BAJAJ ELECTRICALS LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.112
Ma 20Greater thanMa 50960.538
Ma 50Greater thanMa 1001,002.323
Ma 100Greater thanMa 2001,006.562
OpenGreater thanClose919.000
Total1/5 (20.0%)
Penke

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