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Bajaj Electricals Limited
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Let's analyse Bajaj Electricals Limited together

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

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

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

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Quick analysis of Bajaj Electricals Limited (30 sec.)










What can you expect buying and holding a share of Bajaj Electricals Limited? (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?
90.0%

What is your share worth?

Current worth
INR165.56
Expected worth in 1 year
INR235.67
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR82.08
Return On Investment
9.0%

For what price can you sell your share?

Current Price per Share
INR907.65
Expected price per share
INR844.59 - INR975.00
How sure are you?
50%

1. Valuation of Bajaj Electricals Limited (5 min.)




Live pricePrice per Share (EOD)

INR907.65

Intrinsic Value Per Share

INR-105.50 - INR843.75

Total Value Per Share

INR60.06 - INR1,009.31

2. Growth of Bajaj Electricals Limited (5 min.)




Is Bajaj Electricals Limited growing?

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

How much money is Bajaj Electricals Limited 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 Limited (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 Limited? (5 min.)

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

What can you expect buying and holding a share of Bajaj Electricals Limited?

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

Speculation

The Price per Share of Bajaj Electricals Limited is INR907.65. 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 Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Bajaj Electricals Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR165.56. Based on the TTM, the Book Value Change Per Share is INR17.53 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 Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.230.0%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%0.120.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.030.0%0.030.0%
Usd Total Gains Per Share0.250.0%0.250.0%0.170.0%0.230.0%0.150.0%
Usd Price Per Share11.88-11.88-12.14-8.95-6.23-
Price to Earnings Ratio52.75-52.75-90.65--14.70--70.53-
Price-to-Total Gains Ratio48.24-48.24-72.15-43.35-331.94-
Price to Book Ratio5.98-5.98-6.83-5.55-4.85-
Price-to-Total Gains Ratio48.24-48.24-72.15-43.35-331.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.8918
Number of shares91
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.03
Usd Book Value Change Per Share0.210.20
Usd Total Gains Per Share0.250.23
Gains per Quarter (91 shares)22.4121.07
Gains per Year (91 shares)89.6484.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1137780117474
22615317021147158
33923026032221242
45230635043294326
56538344053368410
67845953064442494
79153662075515578
810561371085589662
911868980096662746
10131766890107736830

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%16.03.00.084.2%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%16.03.00.084.2%
Dividend per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%18.00.01.094.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%17.02.00.089.5%

Fundamentals of Bajaj Electricals Limited

About Bajaj Electricals Limited

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 06:56:04.

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 less efficient 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 Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bajaj Electricals Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Bajaj Electricals Limited 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 Limited:

  • 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 Limited is using its assets to generate profit.

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

Let's take a look of the Return on Assets trends of Bajaj Electricals Limited:

  • 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%10Y2.3%+0.7%
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%
10Y2.3%1.5%+0.8%
1.1.3. Return on Equity

Shows how efficient Bajaj Electricals Limited is using its investors money to generate profit.

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

Let's take a look of the Return on Equity trends of Bajaj Electricals Limited:

  • 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%10Y7.6%+1.4%
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%
10Y7.6%3.0%+4.6%

1.2. Operating Efficiency of Bajaj Electricals Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bajaj Electricals Limited is operating .

  • Measures how much profit Bajaj Electricals Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Bajaj Electricals Limited to the Furnishings, Fixtures & Appliances industry mean.
  • An Operating Margin of 6.6% means the company generated ₹0.07  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bajaj Electricals Limited:

  • The MRQ is 6.6%. The company is operating less efficient.
  • The TTM is 6.6%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.6%TTM6.6%0.0%
TTM6.6%YOY5.2%+1.4%
TTM6.6%5Y5.5%+1.0%
5Y5.5%10Y4.7%+0.9%
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ6.6%5.9%+0.7%
TTM6.6%2.9%+3.7%
YOY5.2%5.6%-0.4%
5Y5.5%5.4%+0.1%
10Y4.7%4.7%0.0%
1.2.2. Operating Ratio

Measures how efficient Bajaj Electricals Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Furnishings, Fixtures & Appliances industry mean).
  • An Operation Ratio of 0.95 means that the operating costs are ₹0.95 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Bajaj Electricals Limited:

  • The MRQ is 0.948. The company is less efficient in keeping operating costs low.
  • The TTM is 0.948. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.948TTM0.9480.000
TTM0.948YOY0.954-0.006
TTM0.9485Y0.953-0.005
5Y0.95310Y0.956-0.003
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9481.509-0.561
TTM0.9481.511-0.563
YOY0.9541.457-0.503
5Y0.9531.442-0.489
10Y0.9561.192-0.236

1.3. Liquidity of Bajaj Electricals Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bajaj Electricals Limited 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 Limited:

  • 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
5Y1.16810Y1.104+0.065
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
10Y1.1041.568-0.464
1.3.2. Quick Ratio

Measures if Bajaj Electricals Limited 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 Limited to the Furnishings, Fixtures & Appliances industry mean.
  • A Quick Ratio of 0.78 means the company can pay off ₹0.78 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bajaj Electricals Limited:

  • The MRQ is 0.778. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.778. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.778TTM0.7780.000
TTM0.778YOY0.743+0.035
TTM0.7785Y0.788-0.010
5Y0.78810Y0.758+0.030
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7780.620+0.158
TTM0.7780.629+0.149
YOY0.7430.708+0.035
5Y0.7880.744+0.044
10Y0.7580.726+0.032

1.4. Solvency of Bajaj Electricals Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bajaj Electricals Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bajaj Electricals Limited to Furnishings, Fixtures & Appliances industry mean.
  • A Debt to Asset Ratio of 0.59 means that Bajaj Electricals Limited 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 Limited:

  • 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 Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bajaj Electricals Limited 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 Limited:

  • 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
5Y2.15410Y2.478-0.324
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
10Y2.4780.941+1.537

2. Market Valuation of Bajaj Electricals Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Bajaj Electricals Limited generates.

  • Above 15 is considered overpriced but always compare Bajaj Electricals Limited to the Furnishings, Fixtures & Appliances industry mean.
  • A PE ratio of 52.75 means the investor is paying ₹52.75 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bajaj Electricals Limited:

  • The EOD is 48.366. Based on the earnings, the company is overpriced. -1
  • The MRQ is 52.745. Based on the earnings, the company is expensive. -2
  • The TTM is 52.745. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD48.366MRQ52.745-4.380
MRQ52.745TTM52.7450.000
TTM52.745YOY90.647-37.902
TTM52.7455Y-14.701+67.446
5Y-14.70110Y-70.534+55.834
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD48.36610.091+38.275
MRQ52.74510.197+42.548
TTM52.74511.524+41.221
YOY90.64713.694+76.953
5Y-14.70115.673-30.374
10Y-70.53418.976-89.510
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 Limited:

  • The EOD is 28.620. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 31.212. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 31.212. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD28.620MRQ31.212-2.592
MRQ31.212TTM31.2120.000
TTM31.212YOY13.894+17.319
TTM31.2125Y11.528+19.684
5Y11.52810Y7.617+3.911
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD28.6203.932+24.688
MRQ31.2123.411+27.801
TTM31.2122.115+29.097
YOY13.8941.097+12.797
5Y11.5282.442+9.086
10Y7.6172.588+5.029
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Bajaj Electricals Limited 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 5.98 means the investor is paying ₹5.98 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Bajaj Electricals Limited:

  • The EOD is 5.482. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.979. Based on the equity, the company is overpriced. -1
  • The TTM is 5.979. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD5.482MRQ5.979-0.496
MRQ5.979TTM5.9790.000
TTM5.979YOY6.832-0.853
TTM5.9795Y5.553+0.426
5Y5.55310Y4.854+0.699
Compared to industry (Furnishings, Fixtures & Appliances)
PeriodCompanyIndustry (mean)+/- 
EOD5.4821.596+3.886
MRQ5.9791.582+4.397
TTM5.9791.620+4.359
YOY6.8321.848+4.984
5Y5.5531.928+3.625
10Y4.8542.167+2.687
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bajaj Electricals Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--17.52917.5290%11.024+59%16.852+4%10.230+71%
Book Value Per Share--165.556165.5560%148.027+12%131.858+26%100.193+65%
Current Ratio--1.3041.3040%1.210+8%1.168+12%1.104+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%2.478-41%
Dividend Per Share--2.9922.9920%2.9920%2.439+23%2.195+36%
Eps--18.76618.7660%11.156+68%11.847+58%8.305+126%
Free Cash Flow Per Share--31.71331.7130%72.788-56%30.198+5%19.106+66%
Free Cash Flow To Equity Per Share--19.67619.6760%5.842+237%7.697+156%3.404+478%
Gross Profit Margin---1.298-1.2980%-1.636+26%6.093-121%9.132-114%
Intrinsic Value_10Y_max--843.749--------
Intrinsic Value_10Y_min---105.498--------
Intrinsic Value_1Y_max--59.710--------
Intrinsic Value_1Y_min--11.742--------
Intrinsic Value_3Y_max--198.335--------
Intrinsic Value_3Y_min--16.164--------
Intrinsic Value_5Y_max--359.784--------
Intrinsic Value_5Y_min---0.402--------
Market Cap104557649400.000-9%114030365811.040114030365811.0400%116496562840.000-2%85956059578.208+33%59783398249.104+91%
Net Profit Margin--0.0400.0400%0.027+49%0.026+54%0.019+114%
Operating Margin--0.0660.0660%0.052+28%0.055+19%0.047+41%
Operating Ratio--0.9480.9480%0.954-1%0.9530%0.956-1%
Pb Ratio5.482-9%5.9795.9790%6.832-12%5.553+8%4.854+23%
Pe Ratio48.366-9%52.74552.7450%90.647-42%-14.701+128%-70.534+234%
Price Per Share907.650-9%989.840989.8400%1011.290-2%746.164+33%518.967+91%
Price To Free Cash Flow Ratio28.620-9%31.21231.2120%13.894+125%11.528+171%7.617+310%
Price To Total Gains Ratio44.230-9%48.23548.2350%72.153-33%43.347+11%331.936-85%
Quick Ratio--0.7780.7780%0.743+5%0.788-1%0.758+3%
Return On Assets--0.0460.0460%0.032+44%0.030+53%0.023+97%
Return On Equity--0.1130.1130%0.074+53%0.090+26%0.076+50%
Total Gains Per Share--20.52120.5210%14.016+46%19.291+6%12.426+65%
Usd Book Value--228866400.000228866400.0000%204625704.000+12%182276162.400+26%138503601.600+65%
Usd Book Value Change Per Share--0.2100.2100%0.132+59%0.202+4%0.123+71%
Usd Book Value Per Share--1.9871.9870%1.776+12%1.582+26%1.202+65%
Usd Dividend Per Share--0.0360.0360%0.0360%0.029+23%0.026+36%
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%26410850.400+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--0.2360.2360%0.070+237%0.092+156%0.041+478%
Usd Market Cap1254691792.800-9%1368364389.7321368364389.7320%1397958754.080-2%1031472714.939+33%717400778.989+91%
Usd Price Per Share10.892-9%11.87811.8780%12.135-2%8.954+33%6.228+91%
Usd Profit--25942236.00025942236.0000%15421980.000+68%16376728.800+58%11332317.600+129%
Usd Revenue--640762800.000640762800.0000%567323088.000+13%628609653.600+2%576378844.800+11%
Usd Total Gains Per Share--0.2460.2460%0.168+46%0.231+6%0.149+65%
 EOD+4 -4MRQTTM+0 -0YOY+24 -125Y+30 -610Y+30 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1548.366
Price to Book Ratio (EOD)Between0-15.482
Net Profit Margin (MRQ)Greater than00.040
Operating Margin (MRQ)Greater than00.066
Quick Ratio (MRQ)Greater than10.778
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 Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.300
Ma 20Greater thanMa 50960.503
Ma 50Greater thanMa 1001,003.210
Ma 100Greater thanMa 2001,007.239
OpenGreater thanClose902.550
Total0/5 (0.0%)



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 15,296,700
Inventory 10,720,700
Other Current Assets 3,868,600
Total Current Assets  (as reported)34,124,600
Total Current Assets  (calculated)34,124,600
+/-0
Long-term Assets
Property Plant Equipment 5,194,800
Goodwill 1,900,100
Intangible Assets 206,900
Other Assets 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-term Debt 295,700
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)16,762,900
+/- 9,403,700
Long-term Liabilities
Long term Debt Total 718,400
Capital Lease Obligations Min Short Term Debt716,700
Long-term Liabilities  (as reported)1,532,800
Long-term Liabilities  (calculated)1,435,100
+/- 97,700
Total Stockholder Equity
Retained Earnings 7,606,903
Accumulated Other Comprehensive Income 4,808,379
Capital Surplus 6,659,440
Total Stockholder Equity (as reported)19,072,200
Total Stockholder Equity (calculated)19,074,722
+/- 2,522
Other
Capital Stock230,200
Cash And Equivalents287,200
Cash and Short Term Investments 4,238,600
Common Stock Shares Outstanding 115,201
Current Deferred Revenue9,405,400
Liabilities and Stockholders Equity 46,771,600
Net Debt -2,403,500
Net Invested Capital 19,073,900
Net Working Capital 7,958,000
Property Plant and Equipment Gross 5,194,800
Short Long Term Debt Total 1,014,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
14,219,593
22,191,914
35,420,677
38,457,648
10,408,960
13,491,249
17,667,777
19,515,468
21,573,057
26,926,255
28,297,088
28,784,420
30,721,783
34,658,641
51,789,708
45,671,961
42,677,210
39,915,719
46,771,600
46,771,60039,915,71942,677,21045,671,96151,789,70834,658,64130,721,78328,784,42028,297,08826,926,25521,573,05719,515,46817,667,77713,491,24910,408,96038,457,64835,420,67722,191,91414,219,593
   > Total Current Assets 
13,935,368
21,879,169
34,880,604
34,777,203
9,037,238
11,990,225
15,749,062
14,231,055
15,498,164
18,825,281
19,724,090
20,192,008
21,322,908
26,764,149
39,905,102
32,990,091
29,697,816
26,110,796
34,124,600
34,124,60026,110,79629,697,81632,990,09139,905,10226,764,14921,322,90820,192,00819,724,09018,825,28115,498,16414,231,05515,749,06211,990,2259,037,23834,777,20334,880,60421,879,16913,935,368
       Cash And Cash Equivalents 
407,564
656,348
5,377,501
2,101,089
538,135
612,376
481,276
536,439
500,867
544,036
376,609
465,794
250,823
258,253
112,072
1,016,333
456,358
1,188,150
3,417,600
3,417,6001,188,150456,3581,016,333112,072258,253250,823465,794376,609544,036500,867536,439481,276612,376538,1352,101,0895,377,501656,348407,564
       Short-term Investments 
0
0
0
0
0
0
0
924,094
0
47
33,333
33,333
500
39,220
42,367
22,340
152,161
230,500
821,000
821,000230,500152,16122,34042,36739,22050033,33333,333470924,0940000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
12,783,789
13,712,039
14,124,155
13,807,104
18,252,266
31,153,439
24,071,685
18,221,066
14,380,840
15,296,700
15,296,70014,380,84018,221,06624,071,68531,153,43918,252,26613,807,10414,124,15513,712,03912,783,789000000000
       Inventory 
11,223,464
18,554,314
27,013,956
28,346,251
1,777,048
2,094,325
2,946,377
3,552,405
4,212,391
4,610,190
5,112,728
5,377,309
5,947,723
5,820,551
8,302,482
6,988,672
9,863,997
9,978,802
10,720,700
10,720,7009,978,8029,863,9976,988,6728,302,4825,820,5515,947,7235,377,3095,112,7284,610,1904,212,3913,552,4052,946,3772,094,3251,777,04828,346,25127,013,95618,554,31411,223,464
       Other Current Assets 
2,304,340
2,668,506
2,489,147
4,329,863
6,722,055
9,283,524
12,321,409
9,218,117
10,784,906
13,671,008
14,201,420
14,315,572
15,123,862
20,646,125
294,742
891,061
1,004,234
332,504
3,868,600
3,868,600332,5041,004,234891,061294,74220,646,12515,123,86214,315,57214,201,42013,671,00810,784,9069,218,11712,321,4099,283,5246,722,0554,329,8632,489,1472,668,5062,304,340
   > Long-term Assets 
284,225
312,745
540,073
3,680,445
1,371,722
1,501,024
1,918,715
5,284,413
6,074,893
8,100,974
8,572,998
8,592,412
9,398,875
7,894,492
11,884,606
12,681,870
12,979,394
13,804,923
12,647,000
12,647,00013,804,92312,979,39412,681,87011,884,6067,894,4929,398,8758,592,4128,572,9988,100,9746,074,8935,284,4131,918,7151,501,0241,371,7223,680,445540,073312,745284,225
       Property Plant Equipment 
22,515
32,248
50,262
122,682
996,618
1,042,936
1,527,362
1,869,838
2,322,873
2,517,632
2,808,348
2,995,971
3,231,592
3,160,519
3,569,891
4,405,089
5,100,920
5,896,946
5,194,800
5,194,8005,896,9465,100,9204,405,0893,569,8913,160,5193,231,5922,995,9712,808,3482,517,6322,322,8731,869,8381,527,3621,042,936996,618122,68250,26232,24822,515
       Goodwill 
0
0
0
0
38
38
0
0
0
0
0
40,211
0
0
249,439
264,436
264,436
1,900,110
1,900,100
1,900,1001,900,110264,436264,436249,4390040,2110000038380000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
673,345
592,061
772,147
719,969
76,492
107,662
0
0
0
0
0000107,66276,492719,969772,147592,061673,345000000000
       Intangible Assets 
0
0
0
14,921
0
0
5,430
1
0
0
51
46
239
61,150
238,912
177,465
193,659
221,247
206,900
206,900221,247193,659177,465238,91261,15023946510015,4300014,921000
       Long-term Assets Other 
231,333
269,033
326,670
3,268,799
289,699
339,699
365,812
2,788,180
3,672,733
4,656,951
4,748,205
4,569,940
4,888,080
3,900,233
7,185,576
7,277,456
7,000,460
4,859,666
1,558,400
1,558,4004,859,6667,000,4607,277,4567,185,5763,900,2334,888,0804,569,9404,748,2054,656,9513,672,7332,788,180365,812339,699289,6993,268,799326,670269,033231,333
> Total Liabilities 
11,461,862
17,241,445
25,410,304
27,823,791
7,958,825
8,547,524
11,556,676
12,516,895
14,286,668
19,830,374
21,427,247
21,275,092
22,090,687
25,293,520
41,230,420
32,189,452
26,894,948
22,863,577
27,699,400
27,699,40022,863,57726,894,94832,189,45241,230,42025,293,52022,090,68721,275,09221,427,24719,830,37414,286,66812,516,89511,556,6768,547,5247,958,82527,823,79125,410,30417,241,44511,461,862
   > Total Current Liabilities 
4,658,647
7,053,827
9,227,427
11,188,723
5,703,467
6,915,870
10,392,011
11,917,426
13,693,057
18,245,564
19,167,403
19,726,654
21,037,021
24,389,873
38,179,799
29,610,673
25,415,039
21,575,926
26,166,600
26,166,60021,575,92625,415,03929,610,67338,179,79924,389,87321,037,02119,726,65419,167,40318,245,56413,693,05711,917,42610,392,0116,915,8705,703,46711,188,7239,227,4277,053,8274,658,647
       Short-term Debt 
0
0
0
0
0
0
0
1,467,024
1,313,568
2,178,319
2,380,656
1,385,351
6,072,936
7,116,327
13,773,636
9,075,733
4,616,048
486,044
295,700
295,700486,0444,616,0489,075,73313,773,6367,116,3276,072,9361,385,3512,380,6562,178,3191,313,5681,467,0240000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
3,484,377
221,004
775,983
6,072,936
7,116,327
13,773,636
8,821,102
2,401,200
330,800
1,700
1,700330,8002,401,2008,821,10213,773,6367,116,3276,072,936775,983221,0043,484,377000000000
       Accounts payable 
313,036
386,406
515,862
772,077
1,506,964
5,171,301
7,850,246
8,325,694
5,318,455
6,531,261
6,058,955
6,503,259
6,149,205
16,819,523
11,040,849
9,098,707
9,601,517
12,354,669
15,690,200
15,690,20012,354,6699,601,5179,098,70711,040,84916,819,5236,149,2056,503,2596,058,9556,531,2615,318,4558,325,6947,850,2465,171,3011,506,964772,077515,862386,406313,036
       Other Current Liabilities 
4,345,611
6,667,421
8,711,565
10,416,646
4,196,503
1,744,569
2,541,765
2,124,708
6,727,919
9,179,717
10,436,462
11,512,614
8,519,307
224,733
13,269,042
252,372
196,274
110,971
775,300
775,300110,971196,274252,37213,269,042224,7338,519,30711,512,61410,436,4629,179,7176,727,9192,124,7082,541,7651,744,5694,196,50310,416,6468,711,5656,667,4214,345,611
   > Long-term Liabilities 
6,803,215
10,187,618
16,182,877
16,635,068
2,255,358
1,631,654
1,164,665
599,469
593,611
1,584,810
2,259,844
1,548,438
1,053,666
903,647
3,050,621
2,578,779
1,479,909
1,287,651
1,532,800
1,532,8001,287,6511,479,9092,578,7793,050,621903,6471,053,6661,548,4382,259,8441,584,810593,611599,4691,164,6651,631,6542,255,35816,635,06816,182,87710,187,6186,803,215
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
958,477
169,508
114,714
2,126,212
1,530,802
476,570
421,800
718,400
718,400421,800476,5701,530,8022,126,212114,714169,508958,47700000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
278,752
550,708
1,041,861
884,156
788,933
924,409
1,047,977
1,003,339
865,815
0
0865,8151,003,3391,047,977924,409788,933884,1561,041,861550,708278,752000000000
> Total Stockholder Equity
2,757,731
4,950,469
10,010,373
10,633,857
2,450,135
4,943,725
6,111,101
6,998,573
7,286,389
7,095,881
6,869,841
7,509,328
8,631,096
9,365,121
10,559,288
13,482,509
15,782,262
17,315,540
19,072,200
19,072,20017,315,54015,782,26213,482,50910,559,2889,365,1218,631,0967,509,3286,869,8417,095,8817,286,3896,998,5736,111,1014,943,7252,450,13510,633,85710,010,3734,950,4692,757,731
   Common Stock
164,907
209,940
353,486
365,966
172,858
195,089
197,690
199,281
199,511
199,938
201,525
201,898
202,580
206,220
204,799
227,535
229,073
229,748
230,200
230,200229,748229,073227,535204,799206,220202,580201,898201,525199,938199,511199,281197,690195,089172,858365,966353,486209,940164,907
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
-262,159
-255,931
-284,705
-330,238
-572,842
-657,562
-756,709
-862,947
-978,673
-1,213,028
-1,525,370
-1,755,456
-560,729
-881,965
-1,321,423
-1,961,781
5,122,254
4,756,549
4,808,379
4,808,3794,756,5495,122,254-1,961,781-1,321,423-881,965-560,729-1,755,456-1,525,370-1,213,028-978,673-862,947-756,709-657,562-572,842-330,238-284,705-255,931-262,159
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
2,134,429
2,202,916
2,416,054
2,546,898
6,013,981
1,200
6,535,613
6,659,440
6,659,4406,535,6131,2006,013,9812,546,8982,416,0542,202,9162,134,42900000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
2,854,983
4,996,460
9,941,592
10,566,635
2,632,815
5,086,015
756,919
7,375,344
7,750,087
8,022,031
8,178,700
8,733,676
7,663,918
8,178,776
8,752,363
12,904,574
6,339,197
6,535,613
6,426,718
6,426,7186,535,6136,339,19712,904,5748,752,3638,178,7767,663,9188,733,6768,178,7008,022,0317,750,0877,375,344756,9195,086,0152,632,81510,566,6359,941,5924,996,4602,854,983



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-12,976,600
Operating Income3,518,1002,759,700
 
Operating Expense (+$)
Research Development258,409
Selling General Administrative625,132
Selling And Marketing Expenses4,966,913
Operating Expense12,976,6005,850,454
 
Net Interest Income (+$)
Interest Income483,900
Interest Expense-483,900
Other Finance Cost-483,900
Net Interest Income-483,900
 
Pretax Income (+$)
Operating Income3,518,100
Net Interest Income-483,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,034,2004,002,000
EBIT - interestExpense = 3,034,200
3,034,153
2,645,753
Interest Expense483,900
Earnings Before Interest and Taxes (EBIT)3,518,1003,518,100
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 Income2,161,853
Net Income Applicable To Common Shares2,161,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items7,500
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses50,637,200
Total Other Income/Expenses Net-483,900483,900
 

Technical Analysis of Bajaj Electricals Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bajaj Electricals Limited. The general trend of Bajaj Electricals Limited 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 Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-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 Limited.

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: 902.84 < 910.00 < 975.00.

The bearish price targets are: 857.40 > 844.59.

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Bajaj Electricals Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Bajaj Electricals Limited. 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 Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bajaj Electricals Limited. The current macd is -26.4794614.

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 Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Bajaj Electricals Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Bajaj Electricals Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Bajaj Electricals Limited Daily Moving Average Convergence/Divergence (MACD) ChartBajaj Electricals Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Bajaj Electricals Limited. The current adx is 35.13.

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 Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Bajaj Electricals Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Bajaj Electricals Limited. The current sar is 943.87.

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 Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Bajaj Electricals Limited. The current rsi is 34.30. 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 Limited Daily Relative Strength Index (RSI) ChartBajaj Electricals Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Bajaj Electricals Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-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 above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Bajaj Electricals Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bajaj Electricals Limited Daily Stochastic Oscillator ChartBajaj Electricals Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Bajaj Electricals Limited. The current cci is -114.35041604.

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 Limited Daily Commodity Channel Index (CCI) ChartBajaj Electricals Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bajaj Electricals Limited. The current cmo is -35.8937028.

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 Limited Daily Chande Momentum Oscillator (CMO) ChartBajaj Electricals Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Bajaj Electricals Limited. The current willr is -92.91666667.

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 Limited Daily Williams %R ChartBajaj Electricals Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Bajaj Electricals Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Bajaj Electricals Limited. The current atr is 30.10.

Bajaj Electricals Limited Daily Average True Range (ATR) ChartBajaj Electricals Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Bajaj Electricals Limited. The current obv is 8,869,202.

Bajaj Electricals Limited Daily On-Balance Volume (OBV) ChartBajaj Electricals Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Bajaj Electricals Limited. The current mfi is 24.17.

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

  • MFI < 50: -1
Bajaj Electricals Limited Daily Money Flow Index (MFI) ChartBajaj Electricals Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bajaj Electricals Limited.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Bajaj Electricals Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5034.300
Ma 20Greater thanMa 50960.503
Ma 50Greater thanMa 1001,003.210
Ma 100Greater thanMa 2001,007.239
OpenGreater thanClose902.550
Total0/5 (0.0%)
Penke

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