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Bharat Gears Limited
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Let's analyse Bharat Gears Limited together

PenkeI guess you are interested in Bharat Gears 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 Bharat Gears 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 Bharat Gears Limited (30 sec.)










What can you expect buying and holding a share of Bharat Gears Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
90.0%

What is your share worth?

Current worth
INR78.29
Expected worth in 1 year
INR109.60
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR31.31
Return On Investment
30.9%

For what price can you sell your share?

Current Price per Share
INR101.30
Expected price per share
INR90.43 - INR112.50
How sure are you?
50%

1. Valuation of Bharat Gears Limited (5 min.)




Live pricePrice per Share (EOD)

INR101.30

Intrinsic Value Per Share

INR7.84 - INR360.63

Total Value Per Share

INR86.13 - INR438.92

2. Growth of Bharat Gears Limited (5 min.)




Is Bharat Gears Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$14.4m$12.9m$1.4m10.3%

How much money is Bharat Gears Limited making?

Current yearPrevious yearGrowGrow %
Making money$1.6m$3.1m-$1.4m-91.5%
Net Profit Margin1.8%3.6%--

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

3. Financial Health of Bharat Gears Limited (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#523 / 564

Most Revenue
#315 / 564

Most Profit
#365 / 564

Most Efficient
#365 / 564

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

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

What can you expect buying and holding a share of Bharat Gears Limited?

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

Speculation

The Price per Share of Bharat Gears Limited is INR101.30. 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 Bharat Gears 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 Bharat Gears 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 INR78.29. Based on the TTM, the Book Value Change Per Share is INR7.83 per quarter. Based on the YOY, the Book Value Change Per Share is INR22.39 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bharat Gears 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 Eps0.110.1%0.110.1%0.200.2%0.040.0%0.020.0%
Usd Book Value Change Per Share0.090.1%0.090.1%0.270.3%0.070.1%0.030.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.090.1%0.090.1%0.270.3%0.070.1%0.040.0%
Usd Price Per Share1.24-1.24-1.72-1.43-1.22-
Price to Earnings Ratio11.81-11.81-8.54-7.12-40.52-
Price-to-Total Gains Ratio13.22-13.22-6.41-5.95-41.04-
Price to Book Ratio1.32-1.32-2.04-1.95-1.87-
Price-to-Total Gains Ratio13.22-13.22-6.41-5.95-41.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.2156
Number of shares822
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.090.07
Usd Total Gains Per Share0.090.07
Gains per Quarter (822 shares)77.2156.98
Gains per Year (822 shares)308.86227.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1030929910218218
2061860820436446
3092791730654674
401235122640871902
50154415355010891130
60185318446013071358
70216221537015251586
80247124628017431814
90278027719119612042
1003089308010121782270

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%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%12.04.00.075.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%5.05.00.050.0%11.05.00.068.8%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%14.00.02.087.5%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%6.04.00.060.0%12.04.00.075.0%

Fundamentals of Bharat Gears Limited

About Bharat Gears Limited

Bharat Gears Limited manufactures and supplies automotive gears in India, the United States, Mexico, Spain, and internationally. The company operates through Gears, Furnaces, and Automotive Components segments. It offers gear products, such as ring gears and pinions, transmission gears and shafts, differential gears, and gear boxes; and heat treatment furnaces and equipment, such as endothermic gas generators, rotary hearth atmosphere hardening, conveyor and pusher type furnace lines, sealed quench furnace lines, and pusher continuous gas carburising furnaces for utility vehicles, tractors, and off highway vehicles, as well as heavy, medium, and light trucks. In addition, the company provides automotive components, including crown wheel pinions, transmission gears, straight bevel parts, steering components, fly wheel assemblies and rings, axle shafts, ceramic buttons, cover assemblies, lever and spring kits, clutch components, differential cages, propeller shaft components, crankshafts, turbo charger kits, and turbos charger core and rotor products. The company serves original equipment manufacturers. Bharat Gears Limited was incorporated in 1971 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 07:36:07.

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 just not able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Bharat Gears Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bharat Gears Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • A Net Profit Margin of 1.8% means that ₹0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Bharat Gears Limited:

  • The MRQ is 1.8%. The company is making a profit. +1
  • The TTM is 1.8%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%0.0%
TTM1.8%YOY3.6%-1.9%
TTM1.8%5Y0.4%+1.4%
5Y0.4%10Y0.2%+0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%3.9%-2.1%
TTM1.8%3.6%-1.8%
YOY3.6%3.5%+0.1%
5Y0.4%2.9%-2.5%
10Y0.2%4.0%-3.8%
1.1.2. Return on Assets

Shows how efficient Bharat Gears Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • 3.3% Return on Assets means that Bharat Gears Limited generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bharat Gears Limited:

  • The MRQ is 3.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.3%TTM3.3%0.0%
TTM3.3%YOY6.4%-3.1%
TTM3.3%5Y1.1%+2.2%
5Y1.1%10Y0.6%+0.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3%1.2%+2.1%
TTM3.3%1.0%+2.3%
YOY6.4%1.0%+5.4%
5Y1.1%1.0%+0.1%
10Y0.6%1.2%-0.6%
1.1.3. Return on Equity

Shows how efficient Bharat Gears Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • 11.2% Return on Equity means Bharat Gears Limited generated ₹0.11 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bharat Gears Limited:

  • The MRQ is 11.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.2%TTM11.2%0.0%
TTM11.2%YOY23.9%-12.7%
TTM11.2%5Y3.0%+8.1%
5Y3.0%10Y1.7%+1.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ11.2%2.4%+8.8%
TTM11.2%2.2%+9.0%
YOY23.9%2.1%+21.8%
5Y3.0%1.8%+1.2%
10Y1.7%2.3%-0.6%

1.2. Operating Efficiency of Bharat Gears Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bharat Gears Limited is operating .

  • Measures how much profit Bharat Gears 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 Bharat Gears Limited to the Auto Parts industry mean.
  • An Operating Margin of 4.5% means the company generated ₹0.05  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bharat Gears Limited:

  • The MRQ is 4.5%. The company is operating less efficient.
  • The TTM is 4.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ4.5%TTM4.5%0.0%
TTM4.5%YOY6.5%-2.0%
TTM4.5%5Y3.8%+0.7%
5Y3.8%10Y3.2%+0.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%6.0%-1.5%
TTM4.5%3.6%+0.9%
YOY6.5%4.6%+1.9%
5Y3.8%4.9%-1.1%
10Y3.2%4.8%-1.6%
1.2.2. Operating Ratio

Measures how efficient Bharat Gears Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are ₹0.97 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Bharat Gears Limited:

  • The MRQ is 0.966. The company is less efficient in keeping operating costs low.
  • The TTM is 0.966. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.966TTM0.9660.000
TTM0.966YOY0.936+0.030
TTM0.9665Y0.9660.000
5Y0.96610Y0.9670.000
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9661.618-0.652
TTM0.9661.616-0.650
YOY0.9361.621-0.685
5Y0.9661.568-0.602
10Y0.9671.278-0.311

1.3. Liquidity of Bharat Gears Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bharat Gears Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.44 means the company has ₹1.44 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Bharat Gears Limited:

  • The MRQ is 1.441. The company is just able to pay all its short-term debts.
  • The TTM is 1.441. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.441TTM1.4410.000
TTM1.441YOY1.326+0.115
TTM1.4415Y1.218+0.223
5Y1.21810Y1.152+0.066
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4411.649-0.208
TTM1.4411.646-0.205
YOY1.3261.604-0.278
5Y1.2181.579-0.361
10Y1.1521.351-0.199
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • A Quick Ratio of 0.80 means the company can pay off ₹0.80 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bharat Gears Limited:

  • The MRQ is 0.800. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.800. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.800TTM0.8000.000
TTM0.800YOY0.879-0.080
TTM0.8005Y0.748+0.052
5Y0.74810Y0.706+0.041
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8000.698+0.102
TTM0.8000.714+0.086
YOY0.8790.742+0.137
5Y0.7480.752-0.004
10Y0.7060.782-0.076

1.4. Solvency of Bharat Gears Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bharat Gears Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bharat Gears Limited to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.70 means that Bharat Gears Limited assets are financed with 70.4% credit (debt) and the remaining percentage (100% - 70.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bharat Gears Limited:

  • The MRQ is 0.704. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.704. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.704TTM0.7040.000
TTM0.704YOY0.732-0.028
TTM0.7045Y0.764-0.060
5Y0.76410Y0.760+0.004
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7040.497+0.207
TTM0.7040.497+0.207
YOY0.7320.497+0.235
5Y0.7640.497+0.267
10Y0.7600.487+0.273
1.4.2. Debt to Equity Ratio

Measures if Bharat Gears Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • A Debt to Equity ratio of 237.7% means that company has ₹2.38 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bharat Gears Limited:

  • The MRQ is 2.377. The company is just not able to pay all its debts with equity.
  • The TTM is 2.377. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.377TTM2.3770.000
TTM2.377YOY2.730-0.353
TTM2.3775Y3.350-0.972
5Y3.35010Y3.231+0.118
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3771.014+1.363
TTM2.3771.017+1.360
YOY2.7301.031+1.699
5Y3.3501.040+2.310
10Y3.2311.047+2.184

2. Market Valuation of Bharat Gears 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 Bharat Gears Limited generates.

  • Above 15 is considered overpriced but always compare Bharat Gears Limited to the Auto Parts industry mean.
  • A PE ratio of 11.81 means the investor is paying ₹11.81 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bharat Gears Limited:

  • The EOD is 11.564. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.809. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.809. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.564MRQ11.809-0.245
MRQ11.809TTM11.8090.000
TTM11.809YOY8.539+3.270
TTM11.8095Y7.117+4.693
5Y7.11710Y40.515-33.399
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD11.56412.519-0.955
MRQ11.80911.721+0.088
TTM11.80912.530-0.721
YOY8.53915.239-6.700
5Y7.11716.864-9.747
10Y40.51521.191+19.324
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 9.768. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.975. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 9.975. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.768MRQ9.975-0.207
MRQ9.975TTM9.9750.000
TTM9.975YOY8.646+1.330
TTM9.9755Y-9.673+19.649
5Y-9.67310Y-4.738-4.935
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD9.7685.310+4.458
MRQ9.9754.924+5.051
TTM9.9753.607+6.368
YOY8.6461.026+7.620
5Y-9.6732.264-11.937
10Y-4.7382.514-7.252
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 1.32 means the investor is paying ₹1.32 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Bharat Gears Limited:

  • The EOD is 1.294. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.321. Based on the equity, the company is underpriced. +1
  • The TTM is 1.321. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.294MRQ1.321-0.027
MRQ1.321TTM1.3210.000
TTM1.321YOY2.039-0.718
TTM1.3215Y1.947-0.626
5Y1.94710Y1.871+0.076
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD1.2941.521-0.227
MRQ1.3211.481-0.160
TTM1.3211.516-0.195
YOY2.0391.624+0.415
5Y1.9471.700+0.247
10Y1.8712.242-0.371
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bharat Gears 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--7.8287.8280%22.390-65%5.521+42%2.863+173%
Book Value Per Share--78.28878.2880%70.460+11%61.255+28%54.110+45%
Current Ratio--1.4411.4410%1.326+9%1.218+18%1.152+25%
Debt To Asset Ratio--0.7040.7040%0.732-4%0.764-8%0.760-7%
Debt To Equity Ratio--2.3772.3770%2.730-13%3.350-29%3.231-26%
Dividend Per Share----0%0.015-100%0.255-100%0.273-100%
Eps--8.7608.7600%16.828-48%3.301+165%1.746+402%
Free Cash Flow Per Share--10.37010.3700%16.621-38%14.829-30%8.855+17%
Free Cash Flow To Equity Per Share--8.5468.5460%-4.363+151%-0.361+104%0.242+3435%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.040-4%
Intrinsic Value_10Y_max--360.634--------
Intrinsic Value_10Y_min--7.841--------
Intrinsic Value_1Y_max--24.250--------
Intrinsic Value_1Y_min--6.891--------
Intrinsic Value_3Y_max--81.921--------
Intrinsic Value_3Y_min--15.539--------
Intrinsic Value_5Y_max--150.516--------
Intrinsic Value_5Y_min--18.460--------
Market Cap1555471630.000-2%1593082723.3501593082723.3500%2206527870.000-28%1836468179.670-13%1565198195.685+2%
Net Profit Margin--0.0180.0180%0.036-52%0.004+377%0.002+781%
Operating Margin--0.0450.0450%0.065-30%0.038+19%0.032+43%
Operating Ratio--0.9660.9660%0.936+3%0.9660%0.9670%
Pb Ratio1.294-2%1.3211.3210%2.039-35%1.947-32%1.871-29%
Pe Ratio11.564-2%11.80911.8090%8.539+38%7.117+66%40.515-71%
Price Per Share101.300-2%103.450103.4500%143.700-28%119.540-13%101.904+2%
Price To Free Cash Flow Ratio9.768-2%9.9759.9750%8.646+15%-9.673+197%-4.738+147%
Price To Total Gains Ratio12.941-2%13.21513.2150%6.414+106%5.948+122%41.044-68%
Quick Ratio--0.8000.8000%0.879-9%0.748+7%0.706+13%
Return On Assets--0.0330.0330%0.064-48%0.011+192%0.006+472%
Return On Equity--0.1120.1120%0.239-53%0.030+268%0.017+576%
Total Gains Per Share--7.8287.8280%22.404-65%5.776+36%3.136+150%
Usd Book Value--14467200.00014467200.0000%12983064.000+11%11295211.200+28%9974516.400+45%
Usd Book Value Change Per Share--0.0940.0940%0.269-65%0.066+42%0.034+173%
Usd Book Value Per Share--0.9390.9390%0.846+11%0.735+28%0.649+45%
Usd Dividend Per Share----0%0.000-100%0.003-100%0.003-100%
Usd Eps--0.1050.1050%0.202-48%0.040+165%0.021+402%
Usd Free Cash Flow--1916400.0001916400.0000%3062580.000-37%2733508.800-30%1632270.000+17%
Usd Free Cash Flow Per Share--0.1240.1240%0.199-38%0.178-30%0.106+17%
Usd Free Cash Flow To Equity Per Share--0.1030.1030%-0.052+151%-0.004+104%0.003+3435%
Usd Market Cap18665659.560-2%19116992.68019116992.6800%26478334.440-28%22037618.156-13%18782378.348+2%
Usd Price Per Share1.216-2%1.2411.2410%1.724-28%1.434-13%1.223+2%
Usd Profit--1618800.0001618800.0000%3100800.000-48%609153.600+166%324639.600+399%
Usd Revenue--91963200.00091963200.0000%85380576.000+8%71899245.600+28%61545949.200+49%
Usd Total Gains Per Share--0.0940.0940%0.269-65%0.069+36%0.038+150%
 EOD+4 -4MRQTTM+0 -0YOY+12 -235Y+25 -1010Y+30 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.564
Price to Book Ratio (EOD)Between0-11.294
Net Profit Margin (MRQ)Greater than00.018
Operating Margin (MRQ)Greater than00.045
Quick Ratio (MRQ)Greater than10.800
Current Ratio (MRQ)Greater than11.441
Debt to Asset Ratio (MRQ)Less than10.704
Debt to Equity Ratio (MRQ)Less than12.377
Return on Equity (MRQ)Greater than0.150.112
Return on Assets (MRQ)Greater than0.050.033
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5032.897
Ma 20Greater thanMa 50110.130
Ma 50Greater thanMa 100116.654
Ma 100Greater thanMa 200116.967
OpenGreater thanClose101.700
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets4,071,800
Total Liabilities2,866,200
Total Stockholder Equity1,205,600
 As reported
Total Liabilities 2,866,200
Total Stockholder Equity+ 1,205,600
Total Assets = 4,071,800

Assets

Total Assets4,071,800
Total Current Assets2,557,200
Long-term Assets1,514,600
Total Current Assets
Cash And Cash Equivalents 600
Short-term Investments 86,000
Net Receivables 1,246,600
Inventory 999,700
Other Current Assets 224,300
Total Current Assets  (as reported)2,557,200
Total Current Assets  (calculated)2,557,200
+/-0
Long-term Assets
Property Plant Equipment 1,331,000
Goodwill 39
Intangible Assets 7,661
Other Assets 128,000
Long-term Assets  (as reported)1,514,600
Long-term Assets  (calculated)1,466,700
+/- 47,900

Liabilities & Shareholders' Equity

Total Current Liabilities1,774,700
Long-term Liabilities1,091,500
Total Stockholder Equity1,205,600
Total Current Liabilities
Short-term Debt 347,800
Short Long Term Debt 321,100
Accounts payable 1,320,900
Other Current Liabilities 21,900
Total Current Liabilities  (as reported)1,774,700
Total Current Liabilities  (calculated)2,011,700
+/- 237,000
Long-term Liabilities
Long term Debt Total 811,400
Other Liabilities 280,116
Long-term Liabilities  (as reported)1,091,500
Long-term Liabilities  (calculated)1,091,516
+/- 16
Total Stockholder Equity
Retained Earnings 738,569
Accumulated Other Comprehensive Income 160,655
Capital Surplus 328,469
Total Stockholder Equity (as reported)1,205,600
Total Stockholder Equity (calculated)1,227,693
+/- 22,093
Other
Capital Stock153,600
Cash And Equivalents65,400
Cash and Short Term Investments 86,600
Common Stock Shares Outstanding 15,400
Current Deferred Revenue84,100
Liabilities and Stockholders Equity 4,071,800
Net Debt 1,158,600
Net Invested Capital 2,235,800
Net Tangible Assets 1,197,938
Net Working Capital 782,500
Property Plant and Equipment Gross 1,331,000
Short Long Term Debt Total 1,159,200



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
1,695,688
1,671,979
1,709,734
2,270,582
2,492,472
2,661,725
2,911,067
2,953,394
2,682,019
2,656,151
3,657,318
4,197,115
3,741,403
3,836,319
4,035,535
4,071,800
4,071,8004,035,5353,836,3193,741,4034,197,1153,657,3182,656,1512,682,0192,953,3942,911,0672,661,7252,492,4722,270,5821,709,7341,671,9791,695,688
   > Total Current Assets 
1,070,782
969,251
1,063,813
1,402,493
1,459,820
1,435,076
1,445,398
1,558,153
1,411,639
1,534,941
2,408,041
2,527,020
2,064,788
2,308,205
2,696,027
2,557,200
2,557,2002,696,0272,308,2052,064,7882,527,0202,408,0411,534,9411,411,6391,558,1531,445,3981,435,0761,459,8201,402,4931,063,813969,2511,070,782
       Cash And Cash Equivalents 
73,979
45,939
69,354
110,711
75,066
83,494
57,053
55,306
58,247
56,354
2,465
5,687
6,920
982
30,369
600
60030,3699826,9205,6872,46556,35458,24755,30657,05383,49475,066110,71169,35445,93973,979
       Short-term Investments 
0
0
0
0
0
0
0
0
0
4,147
16,401
16,612
15,661
17,574
10,933
86,000
86,00010,93317,57415,66116,61216,4014,147000000000
       Net Receivables 
0
0
0
0
0
0
746,692
774,104
798,353
1,025,996
1,527,062
1,556,880
1,242,714
1,366,015
1,736,151
1,246,600
1,246,6001,736,1511,366,0151,242,7141,556,8801,527,0621,025,996798,353774,104746,692000000
       Inventory 
304,181
324,305
375,851
536,698
589,523
532,203
590,107
649,134
573,442
624,295
770,276
940,680
781,476
903,874
904,597
999,700
999,700904,597903,874781,476940,680770,276624,295573,442649,134590,107532,203589,523536,698375,851324,305304,181
       Other Current Assets 
692,622
599,007
618,608
755,084
795,231
819,379
798,238
853,713
779,950
854,292
1,618,899
7,161
18,017
19,760
13,977
224,300
224,30013,97719,76018,0177,1611,618,899854,292779,950853,713798,238819,379795,231755,084618,608599,007692,622
   > Long-term Assets 
624,906
702,728
645,921
868,089
1,032,652
1,226,649
1,465,669
1,395,241
1,270,380
1,121,210
1,249,277
1,670,095
1,676,615
1,528,114
1,339,508
1,514,600
1,514,6001,339,5081,528,1141,676,6151,670,0951,249,2771,121,2101,270,3801,395,2411,465,6691,226,6491,032,652868,089645,921702,728624,906
       Property Plant Equipment 
614,074
693,105
639,234
842,604
957,246
1,155,373
1,373,501
1,286,002
1,170,171
1,016,837
1,144,700
1,538,865
1,504,378
1,338,387
1,181,886
1,331,000
1,331,0001,181,8861,338,3871,504,3781,538,8651,144,7001,016,8371,170,1711,286,0021,373,5011,155,373957,246842,604639,234693,105614,074
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
39
39000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
15,800
18,000
0
0
0
0
000018,00015,8000000000000
       Intangible Assets 
0
0
0
0
0
0
13,944
18,610
14,134
11,663
10,023
15,001
12,727
10,664
8,167
7,661
7,6618,16710,66412,72715,00110,02311,66314,13418,61013,944000000
       Long-term Assets Other 
10,832
9,623
6,687
25,485
75,406
71,276
92,168
103,663
96,133
93,303
73,740
4,026
4,026
73,787
163,025
96,557
96,557163,02573,7874,0264,02673,74093,30396,133103,66392,16871,27675,40625,4856,6879,62310,832
> Total Liabilities 
1,248,027
1,196,895
1,188,024
1,679,696
1,762,084
1,899,199
2,152,588
2,246,604
1,972,833
2,003,067
2,879,098
3,312,168
2,945,662
3,098,191
2,953,613
2,866,200
2,866,2002,953,6133,098,1912,945,6623,312,1682,879,0982,003,0671,972,8332,246,6042,152,5881,899,1991,762,0841,679,6961,188,0241,196,8951,248,027
   > Total Current Liabilities 
706,954
605,958
759,167
1,086,293
1,352,893
1,387,690
1,363,301
1,588,842
1,307,722
1,466,299
1,910,267
2,278,320
1,844,970
2,112,028
2,033,801
1,774,700
1,774,7002,033,8012,112,0281,844,9702,278,3201,910,2671,466,2991,307,7221,588,8421,363,3011,387,6901,352,8931,086,293759,167605,958706,954
       Short-term Debt 
109,187
93,512
192,049
0
283,190
308,348
286,162
334,931
257,849
507,434
551,753
805,999
667,548
464,627
411,809
347,800
347,800411,809464,627667,548805,999551,753507,434257,849334,931286,162308,348283,1900192,04993,512109,187
       Short Long Term Debt 
0
0
0
0
0
0
997,974
158,962
210,693
507,434
551,753
805,095
653,599
223,700
395,800
321,100
321,100395,800223,700653,599805,095551,753507,434210,693158,962997,974000000
       Accounts payable 
379,186
328,578
382,044
553,104
833,723
780,119
857,122
957,501
755,197
890,277
458,676
1,164,340
1,090,646
1,565,103
1,507,316
1,320,900
1,320,9001,507,3161,565,1031,090,6461,164,340458,676890,277755,197957,501857,122780,119833,723553,104382,044328,578379,186
       Other Current Liabilities 
218,581
183,868
185,074
533,189
235,980
299,223
220,017
296,410
294,676
68,588
857,491
286,890
111
111
127
21,900
21,900127111111286,890857,49168,588294,676296,410220,017299,223235,980533,189185,074183,868218,581
   > Long-term Liabilities 
541,073
590,937
428,857
593,403
409,191
511,509
789,287
657,762
665,111
536,768
968,831
1,033,848
1,100,692
986,163
919,812
1,091,500
1,091,500919,812986,1631,100,6921,033,848968,831536,768665,111657,762789,287511,509409,191593,403428,857590,937541,073
       Long term Debt Total 
0
0
0
0
0
0
0
0
512,158
372,512
786,770
812,773
848,579
716,342
654,200
811,400
811,400654,200716,342848,579812,773786,770372,512512,15800000000
       Other Liabilities 
0
0
0
0
0
0
174,652
168,981
150,766
162,214
182,061
224,871
252,113
269,821
265,615
280,116
280,116265,615269,821252,113224,871182,061162,214150,766168,981174,652000000
> Total Stockholder Equity
447,661
475,084
521,710
590,886
730,388
762,526
758,479
706,790
709,186
653,084
778,220
884,947
795,741
738,128
1,081,922
1,205,600
1,205,6001,081,922738,128795,741884,947778,220653,084709,186706,790758,479762,526730,388590,886521,710475,084447,661
   Common Stock
99,028
99,028
99,028
88,603
78,178
78,178
78,178
78,178
78,178
78,178
81,428
81,428
93,061
93,061
102,367
153,600
153,600102,36793,06193,06181,42881,42878,17878,17878,17878,17878,17878,17888,60399,02899,02899,028
   Retained Earnings 
21,580
45,423
88,469
149,066
286,994
312,805
309,608
257,919
260,315
247,709
496,029
445,682
246,687
169,680
428,075
738,569
738,569428,075169,680246,687445,682496,029247,709260,315257,919309,608312,805286,994149,06688,46945,42321,580
   Accumulated Other Comprehensive Income 
-1,204,235
-1,285,861
-1,337,670
-1,414,400
-1,491,007
-1,582,734
-1,652,245
-1,797,222
-1,932,513
0
-341,262
-552,597
-814,290
230,599
223,011
160,655
160,655223,011230,599-814,290-552,597-341,2620-1,932,513-1,797,222-1,652,245-1,582,734-1,491,007-1,414,400-1,337,670-1,285,861-1,204,235
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
139,390
244,787
244,788
328,469
328,469
328,469328,469244,788244,787139,39000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
1,531,288
1,616,494
1,671,883
1,767,617
1,856,223
1,954,277
2,022,938
2,167,915
2,303,206
327,197
1,038,054
910,434
-515,393
244,788
328,469
152,776
152,776328,469244,788-515,393910,4341,038,054327,1972,303,2062,167,9152,022,9381,954,2771,856,2231,767,6171,671,8831,616,4941,531,288



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 (+$)
totalRevenue7,663,600
Cost of Revenue-4,088,600
Gross Profit3,575,0003,575,000
 
Operating Income (+$)
Gross Profit3,575,000
Operating Expense-3,315,800
Operating Income261,118259,200
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,157,600
Selling And Marketing Expenses0
Operating Expense3,315,8001,157,600
 
Net Interest Income (+$)
Interest Income170,800
Interest Expense-170,800
Other Finance Cost-170,800
Net Interest Income-170,800
 
Pretax Income (+$)
Operating Income261,118
Net Interest Income-170,800
Other Non-Operating Income Expenses0
Income Before Tax (EBT)176,000346,267
EBIT - interestExpense = 176,000
176,000
305,700
Interest Expense170,800
Earnings Before Interest and Taxes (EBIT)346,800346,800
Earnings Before Interest and Taxes (EBITDA)547,500
 
After tax Income (+$)
Income Before Tax176,000
Tax Provision-41,100
Net Income From Continuing Ops134,900134,900
Net Income134,900
Net Income Applicable To Common Shares134,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses7,404,400
Total Other Income/Expenses Net-85,149170,800
 

Technical Analysis of Bharat Gears 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 Bharat Gears Limited. The general trend of Bharat Gears 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 Bharat Gears 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 Bharat Gears Limited.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 105.65 < 110.00 < 112.50.

The bearish price targets are: 98.10 > 96.33 > 90.43.

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Bharat Gears 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 Bharat Gears 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

Bharat Gears 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 Bharat Gears Limited. The current macd is -5.18660666.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-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 Bharat Gears 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 Bharat Gears 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 Bharat Gears Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Bharat Gears Limited Daily Moving Average Convergence/Divergence (MACD) ChartBharat Gears 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 Bharat Gears Limited. The current adx is 31.75.

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 Bharat Gears 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.
Bharat Gears 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 Bharat Gears Limited. The current sar is 108.15.

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
Bharat Gears 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 Bharat Gears Limited. The current rsi is 32.90. 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
Bharat Gears Limited Daily Relative Strength Index (RSI) ChartBharat Gears 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 Bharat Gears 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 Bharat Gears Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Bharat Gears Limited Daily Stochastic Oscillator ChartBharat Gears 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 Bharat Gears Limited. The current cci is -73.7380692.

Bharat Gears Limited Daily Commodity Channel Index (CCI) ChartBharat Gears 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 Bharat Gears Limited. The current cmo is -38.07924029.

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
Bharat Gears Limited Daily Chande Momentum Oscillator (CMO) ChartBharat Gears 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 Bharat Gears Limited. The current willr is -90.7960199.

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
Bharat Gears Limited Daily Williams %R ChartBharat Gears 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 Bharat Gears Limited.

Bharat Gears 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 Bharat Gears Limited. The current atr is 4.71288098.

Bharat Gears Limited Daily Average True Range (ATR) ChartBharat Gears 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 Bharat Gears Limited. The current obv is 12,597,099.

Bharat Gears Limited Daily On-Balance Volume (OBV) ChartBharat Gears 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 Bharat Gears Limited. The current mfi is 24.67.

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

  • MFI < 50: -1
Bharat Gears Limited Daily Money Flow Index (MFI) ChartBharat Gears Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bharat Gears 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 SHORT EXITThe %K line crosses above the %D line.
2023-11-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05SAR 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
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-18STOCH 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
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20MACD 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-03ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-15STOCH 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).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
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
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

Bharat Gears Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5032.897
Ma 20Greater thanMa 50110.130
Ma 50Greater thanMa 100116.654
Ma 100Greater thanMa 200116.967
OpenGreater thanClose101.700
Total1/5 (20.0%)
Penke

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