25 XP   0   0   10

Blue Star Limited
Buy, Hold or Sell?

Let's analyse Blue Star Limited together

PenkeI guess you are interested in Blue Star 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 Blue Star 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.

Get notifications about Blue Star Limited

I send you an email if I find something interesting about Blue Star Limited.

Quick analysis of Blue Star Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.22
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR64.87
Expected worth in 1 year
INR125.82
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR79.70
Return On Investment
6.3%

For what price can you sell your share?

Current Price per Share
INR1,273.70
Expected price per share
INR1,140 - INR1,388
How sure are you?
50%

1. Valuation of Blue Star Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,273.70

Intrinsic Value Per Share

INR-284.61 - INR31.69

Total Value Per Share

INR-219.74 - INR96.56

2. Growth of Blue Star Limited (5 min.)




Is Blue Star Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$160m$122.4m$37.5m23.5%

How much money is Blue Star Limited making?

Current yearPrevious yearGrowGrow %
Making money$48m$20.1m$27.9m58.1%
Net Profit Margin5.0%2.8%--

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

3. Financial Health of Blue Star Limited (5 min.)




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




  Industry Rankings (Building Products & Equipment)  

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

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

What can you expect buying and holding a share of Blue Star Limited?

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

Speculation

The Price per Share of Blue Star Limited is INR1,274. 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 Blue Star 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 Blue Star 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 INR64.87. Based on the TTM, the Book Value Change Per Share is INR15.24 per quarter. Based on the YOY, the Book Value Change Per Share is INR6.45 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 INR4.69 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Blue Star 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%0.100.0%0.120.0%0.090.0%
Usd Book Value Change Per Share0.180.0%0.180.0%0.080.0%0.060.0%0.050.0%
Usd Dividend Per Share0.060.0%0.060.0%0.020.0%0.060.0%0.040.0%
Usd Total Gains Per Share0.240.0%0.240.0%0.100.0%0.110.0%0.100.0%
Usd Price Per Share16.55-16.55-12.62-12.43-9.03-
Price to Earnings Ratio70.81-70.81-128.98-120.77-107.57-
Price-to-Total Gains Ratio69.22-69.22-126.17-124.79-132.01-
Price to Book Ratio21.26-21.26-21.20-21.60-18.00-
Price-to-Total Gains Ratio69.22-69.22-126.17-124.79-132.01-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share15.2844
Number of shares65
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.06
Usd Book Value Change Per Share0.180.06
Usd Total Gains Per Share0.240.11
Gains per Quarter (65 shares)15.547.46
Gains per Year (65 shares)62.1629.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1154852151520
22995114293050
344143176444680
4581902385861110
5732383007376140
6882853628891170
7102333424102106200
8117380486117122230
9132428548132137260
10146475610146152290

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%5.00.00.0100.0%10.00.00.0100.0%17.02.00.089.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%16.03.00.084.2%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.01.00.094.7%

Fundamentals of Blue Star Limited

About Blue Star Limited

Blue Star Limited operates as a heating, ventilation, air conditioning, and commercial refrigeration (HVAC&R) company in India. The company operates through three segments: Electro-Mechanical Projects and Commercial Air Conditioning Systems, Unitary Products, and Professional Electronics and Industrial Systems. The Electro-Mechanical Projects and Commercial Air Conditioning Systems segment designs, manufactures, installs, commissions, and maintains central air conditioning plants, packaged/ducted systems, and variable refrigerant flow systems; and provides contracting services in electrification, plumbing, and fire-fighting, as well as after-sales services, such as revamp, retrofit, and upgrade services. The Unitary Products segment offers room air conditioners for residential and commercial applications, water purifiers, air purifiers, and air coolers; and manufactures and markets a range of commercial refrigeration products and cold chain equipment. The Professional Electronics and Industrial Systems segment trades in and services testing machines, medical, analytical, test and measuring, data communications, and industrial products and systems. It also exports its products to 18 countries in the Middle East, African, SAARC, and ASEAN regions. Blue Star Limited was founded in 1943 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 07:51:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very 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 just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

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

1.1. Profitability of Blue Star Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Blue Star Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • A Net Profit Margin of 5.0% means that ₹0.05 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Blue Star Limited:

  • The MRQ is 5.0%. The company is making a profit. +1
  • The TTM is 5.0%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY2.8%+2.2%
TTM5.0%5Y3.1%+1.9%
5Y3.1%10Y2.9%+0.2%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%4.5%+0.5%
TTM5.0%4.4%+0.6%
YOY2.8%5.7%-2.9%
5Y3.1%5.0%-1.9%
10Y2.9%4.9%-2.0%
1.1.2. Return on Assets

Shows how efficient Blue Star Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • 7.4% Return on Assets means that Blue Star Limited generated ₹0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Blue Star Limited:

  • The MRQ is 7.4%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.4%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.4%TTM7.4%0.0%
TTM7.4%YOY3.9%+3.5%
TTM7.4%5Y4.5%+2.9%
5Y4.5%10Y4.2%+0.3%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ7.4%1.5%+5.9%
TTM7.4%1.4%+6.0%
YOY3.9%1.9%+2.0%
5Y4.5%1.6%+2.9%
10Y4.2%1.6%+2.6%
1.1.3. Return on Equity

Shows how efficient Blue Star Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • 30.1% Return on Equity means Blue Star Limited generated ₹0.30 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Blue Star Limited:

  • The MRQ is 30.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 30.1%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ30.1%TTM30.1%0.0%
TTM30.1%YOY16.5%+13.6%
TTM30.1%5Y18.5%+11.6%
5Y18.5%10Y17.1%+1.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ30.1%3.2%+26.9%
TTM30.1%3.0%+27.1%
YOY16.5%3.5%+13.0%
5Y18.5%3.2%+15.3%
10Y17.1%3.2%+13.9%

1.2. Operating Efficiency of Blue Star Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Blue Star Limited is operating .

  • Measures how much profit Blue Star 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 Blue Star Limited to the Building Products & Equipment industry mean.
  • An Operating Margin of 5.5% means the company generated ₹0.06  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Blue Star Limited:

  • The MRQ is 5.5%. The company is operating less efficient.
  • The TTM is 5.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.5%TTM5.5%0.0%
TTM5.5%YOY5.2%+0.3%
TTM5.5%5Y5.1%+0.4%
5Y5.1%10Y4.5%+0.6%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%7.4%-1.9%
TTM5.5%5.5%+0.0%
YOY5.2%7.5%-2.3%
5Y5.1%7.3%-2.2%
10Y4.5%6.7%-2.2%
1.2.2. Operating Ratio

Measures how efficient Blue Star Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment 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 Blue Star Limited:

  • The MRQ is 0.949. The company is less efficient in keeping operating costs low.
  • The TTM is 0.949. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.949TTM0.9490.000
TTM0.949YOY0.951-0.003
TTM0.9495Y0.954-0.006
5Y0.95410Y0.956-0.001
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9491.393-0.444
TTM0.9491.308-0.359
YOY0.9511.146-0.195
5Y0.9541.187-0.233
10Y0.9561.111-0.155

1.3. Liquidity of Blue Star Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Blue Star Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 1.12 means the company has ₹1.12 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Blue Star Limited:

  • The MRQ is 1.123. The company is just able to pay all its short-term debts.
  • The TTM is 1.123. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.123TTM1.1230.000
TTM1.123YOY1.173-0.050
TTM1.1235Y1.138-0.014
5Y1.13810Y1.088+0.050
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1231.685-0.562
TTM1.1231.670-0.547
YOY1.1731.688-0.515
5Y1.1381.664-0.526
10Y1.0881.528-0.440
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • A Quick Ratio of 0.55 means the company can pay off ₹0.55 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Blue Star Limited:

  • The MRQ is 0.553. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.553. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.553TTM0.5530.000
TTM0.553YOY0.599-0.046
TTM0.5535Y0.714-0.161
5Y0.71410Y0.7140.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5530.753-0.200
TTM0.5530.757-0.204
YOY0.5990.827-0.228
5Y0.7140.880-0.166
10Y0.7140.855-0.141

1.4. Solvency of Blue Star Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Blue Star Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Blue Star Limited to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.75 means that Blue Star Limited assets are financed with 75.3% credit (debt) and the remaining percentage (100% - 75.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Blue Star Limited:

  • The MRQ is 0.753. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.753. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.753TTM0.7530.000
TTM0.753YOY0.763-0.010
TTM0.7535Y0.755-0.002
5Y0.75510Y0.7560.000
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7530.488+0.265
TTM0.7530.489+0.264
YOY0.7630.488+0.275
5Y0.7550.514+0.241
10Y0.7560.505+0.251
1.4.2. Debt to Equity Ratio

Measures if Blue Star Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 305.5% means that company has ₹3.06 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Blue Star Limited:

  • The MRQ is 3.055. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.055. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.055TTM3.0550.000
TTM3.055YOY3.235-0.180
TTM3.0555Y3.105-0.050
5Y3.10510Y3.138-0.033
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0550.903+2.152
TTM3.0550.968+2.087
YOY3.2350.952+2.283
5Y3.1051.106+1.999
10Y3.1381.086+2.052

2. Market Valuation of Blue Star 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 Blue Star Limited generates.

  • Above 15 is considered overpriced but always compare Blue Star Limited to the Building Products & Equipment industry mean.
  • A PE ratio of 70.81 means the investor is paying ₹70.81 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Blue Star Limited:

  • The EOD is 65.398. Based on the earnings, the company is expensive. -2
  • The MRQ is 70.813. Based on the earnings, the company is expensive. -2
  • The TTM is 70.813. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD65.398MRQ70.813-5.415
MRQ70.813TTM70.8130.000
TTM70.813YOY128.984-58.172
TTM70.8135Y120.767-49.955
5Y120.76710Y107.566+13.202
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD65.39814.446+50.952
MRQ70.81312.925+57.888
TTM70.81312.349+58.464
YOY128.98412.804+116.180
5Y120.76717.742+103.025
10Y107.56618.287+89.279
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -231.804. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -250.997. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -250.997. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-231.804MRQ-250.997+19.193
MRQ-250.997TTM-250.9970.000
TTM-250.997YOY-171.491-79.505
TTM-250.9975Y-31.270-219.726
5Y-31.27010Y15.567-46.838
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-231.8045.957-237.761
MRQ-250.9975.482-256.479
TTM-250.9973.859-254.856
YOY-171.4914.462-175.953
5Y-31.2703.607-34.877
10Y15.5674.254+11.313
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 21.26 means the investor is paying ₹21.26 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Blue Star Limited:

  • The EOD is 19.634. Based on the equity, the company is expensive. -2
  • The MRQ is 21.260. Based on the equity, the company is expensive. -2
  • The TTM is 21.260. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD19.634MRQ21.260-1.626
MRQ21.260TTM21.2600.000
TTM21.260YOY21.197+0.064
TTM21.2605Y21.599-0.339
5Y21.59910Y18.005+3.594
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD19.6341.773+17.861
MRQ21.2601.881+19.379
TTM21.2601.910+19.350
YOY21.1972.070+19.127
5Y21.5991.990+19.609
10Y18.0052.099+15.906
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Blue Star 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--15.23715.2370%6.453+136%4.873+213%4.538+236%
Book Value Per Share--64.87164.8710%49.634+31%47.679+36%39.349+65%
Current Ratio--1.1231.1230%1.173-4%1.138-1%1.088+3%
Debt To Asset Ratio--0.7530.7530%0.763-1%0.7550%0.7560%
Debt To Equity Ratio--3.0553.0550%3.235-6%3.105-2%3.138-3%
Dividend Per Share--4.6874.6870%1.886+149%4.6870%3.613+30%
Eps--19.47619.4760%8.157+139%9.745+100%7.311+166%
Free Cash Flow Per Share---5.495-5.4950%-6.135+12%5.633-198%4.489-222%
Free Cash Flow To Equity Per Share---9.924-9.9240%-10.355+4%-0.155-98%-1.279-87%
Gross Profit Margin--0.3710.3710%-0.104+128%-0.272+173%-0.294+179%
Intrinsic Value_10Y_max--31.692--------
Intrinsic Value_10Y_min---284.609--------
Intrinsic Value_1Y_max--5.115--------
Intrinsic Value_1Y_min---6.686--------
Intrinsic Value_3Y_max--13.890--------
Intrinsic Value_3Y_min---39.119--------
Intrinsic Value_5Y_max--20.884--------
Intrinsic Value_5Y_min---92.159--------
Market Cap261891835689.600-8%283575994433.280283575994433.2800%216319325316.480+31%213045111929.088+33%154782865722.240+83%
Net Profit Margin--0.0500.0500%0.028+80%0.031+61%0.029+74%
Operating Margin--0.0550.0550%0.052+5%0.051+8%0.045+21%
Operating Ratio--0.9490.9490%0.9510%0.954-1%0.956-1%
Pb Ratio19.634-8%21.26021.2600%21.197+0%21.599-2%18.005+18%
Pe Ratio65.398-8%70.81370.8130%128.984-45%120.767-41%107.566-34%
Price Per Share1273.700-8%1379.1601379.1600%1052.060+31%1036.136+33%752.780+83%
Price To Free Cash Flow Ratio-231.804+8%-250.997-250.9970%-171.491-32%-31.270-88%15.567-1712%
Price To Total Gains Ratio63.928-8%69.22169.2210%126.171-45%124.787-45%132.011-48%
Quick Ratio--0.5530.5530%0.599-8%0.714-23%0.714-23%
Return On Assets--0.0740.0740%0.039+91%0.045+64%0.042+77%
Return On Equity--0.3010.3010%0.165+83%0.185+62%0.171+76%
Total Gains Per Share--19.92419.9240%8.338+139%9.561+108%8.152+144%
Usd Book Value--160060800.000160060800.0000%122464800.000+31%117643440.000+36%97089201.600+65%
Usd Book Value Change Per Share--0.1830.1830%0.077+136%0.058+213%0.054+236%
Usd Book Value Per Share--0.7780.7780%0.596+31%0.572+36%0.472+65%
Usd Dividend Per Share--0.0560.0560%0.023+149%0.0560%0.043+30%
Usd Eps--0.2340.2340%0.098+139%0.117+100%0.088+166%
Usd Free Cash Flow---13557600.000-13557600.0000%-15136800.000+12%13899120.000-198%11076812.400-222%
Usd Free Cash Flow Per Share---0.066-0.0660%-0.074+12%0.068-198%0.054-222%
Usd Free Cash Flow To Equity Per Share---0.119-0.1190%-0.124+4%-0.002-98%-0.015-87%
Usd Market Cap3142702028.275-8%3402911933.1993402911933.1990%2595831903.798+31%2556541343.149+33%1857394388.667+83%
Usd Price Per Share15.284-8%16.55016.5500%12.625+31%12.434+33%9.033+83%
Usd Profit--48055200.00048055200.0000%20125200.000+139%22920480.000+110%17609002.800+173%
Usd Revenue--957278400.000957278400.0000%719943600.000+33%689767680.000+39%571595856.000+67%
Usd Total Gains Per Share--0.2390.2390%0.100+139%0.115+108%0.098+144%
 EOD+3 -5MRQTTM+0 -0YOY+31 -55Y+25 -1110Y+27 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1565.398
Price to Book Ratio (EOD)Between0-119.634
Net Profit Margin (MRQ)Greater than00.050
Operating Margin (MRQ)Greater than00.055
Quick Ratio (MRQ)Greater than10.553
Current Ratio (MRQ)Greater than11.123
Debt to Asset Ratio (MRQ)Less than10.753
Debt to Equity Ratio (MRQ)Less than13.055
Return on Equity (MRQ)Greater than0.150.301
Return on Assets (MRQ)Greater than0.050.074
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.023
Ma 20Greater thanMa 501,281.243
Ma 50Greater thanMa 1001,213.313
Ma 100Greater thanMa 2001,093.990
OpenGreater thanClose1,319.000
Total5/5 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Total Other Income Expense Net -290,200258,900-31,300-148,700-180,000-13,100-193,1001,502,1001,309,000



Latest Balance Sheet

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

Summary
Total Assets53,990,600
Total Liabilities40,652,200
Total Stockholder Equity13,306,500
 As reported
Total Liabilities 40,652,200
Total Stockholder Equity+ 13,306,500
Total Assets = 53,990,600

Assets

Total Assets53,990,600
Total Current Assets42,506,100
Long-term Assets11,484,500
Total Current Assets
Cash And Cash Equivalents 2,433,300
Short-term Investments 1,477,900
Net Receivables 15,523,700
Inventory 14,333,900
Other Current Assets 8,737,300
Total Current Assets  (as reported)42,506,100
Total Current Assets  (calculated)42,506,100
+/-0
Long-term Assets
Property Plant Equipment 8,505,400
Intangible Assets 813,500
Long-term Assets Other 1,904,000
Long-term Assets  (as reported)11,484,500
Long-term Assets  (calculated)11,222,900
+/- 261,600

Liabilities & Shareholders' Equity

Total Current Liabilities37,837,500
Long-term Liabilities2,814,700
Total Stockholder Equity13,306,500
Total Current Liabilities
Short-term Debt 4,368,000
Short Long Term Debt 4,159,000
Accounts payable 25,111,600
Other Current Liabilities 7,058,200
Total Current Liabilities  (as reported)37,837,500
Total Current Liabilities  (calculated)40,696,800
+/- 2,859,300
Long-term Liabilities
Long term Debt Total 2,251,500
Capital Lease Obligations 843,100
Long-term Liabilities  (as reported)2,814,700
Long-term Liabilities  (calculated)3,094,600
+/- 279,900
Total Stockholder Equity
Common Stock192,600
Retained Earnings 8,967,900
Accumulated Other Comprehensive Income 2,038,500
Capital Surplus 2,101,500
Total Stockholder Equity (as reported)13,306,500
Total Stockholder Equity (calculated)13,300,500
+/- 6,000
Other
Capital Stock192,600
Cash and Short Term Investments 3,911,200
Common Stock Shares Outstanding 192,628
Current Deferred Revenue1,299,700
Liabilities and Stockholders Equity 53,990,600
Net Debt 4,186,200
Net Invested Capital 19,082,900
Net Working Capital 4,668,600
Property Plant and Equipment Gross 8,505,400
Short Long Term Debt Total 6,619,500



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 
4,549,901
5,889,496
7,530,583
11,792,036
13,660,703
15,977,052
22,074,035
20,847,621
21,597,048
23,206,510
21,749,668
25,895,851
26,495,877
31,831,300
33,509,600
34,392,600
35,494,500
43,126,400
53,990,600
53,990,60043,126,40035,494,50034,392,60033,509,60031,831,30026,495,87725,895,85121,749,66823,206,51021,597,04820,847,62122,074,03515,977,05213,660,70311,792,0367,530,5835,889,4964,549,901
   > Total Current Assets 
3,698,277
4,817,004
6,290,202
10,173,921
11,487,122
13,928,016
19,569,403
17,367,434
16,929,503
18,325,772
16,255,997
19,672,621
20,214,489
25,328,000
26,605,800
26,512,100
28,595,500
34,834,300
42,506,100
42,506,10034,834,30028,595,50026,512,10026,605,80025,328,00020,214,48919,672,62116,255,99718,325,77216,929,50317,367,43419,569,40313,928,01611,487,12210,173,9216,290,2024,817,0043,698,277
       Cash And Cash Equivalents 
24,781
23,680
46,073
26,724
56,484
132,170
524,394
536,991
142,657
504,327
418,532
458,655
939,296
781,900
838,600
2,861,500
3,279,300
2,656,500
2,433,300
2,433,3002,656,5003,279,3002,861,500838,600781,900939,296458,655418,532504,327142,657536,991524,394132,17056,48426,72446,07323,68024,781
       Short-term Investments 
689,155
906,474
856,488
2,574,883
2,926,849
0
1,464,705
0
0
0
0
1,581,482
2,470,549
121,300
-1,395,800
2,790,600
2,790,600
1,450,300
1,477,900
1,477,9001,450,3002,790,6002,790,600-1,395,800121,3002,470,5491,581,48200001,464,70502,926,8492,574,883856,488906,474689,155
       Net Receivables 
0
0
0
0
0
0
0
0
0
11,868,048
9,887,042
9,994,934
12,050,100
12,848,600
16,366,000
14,930,300
12,911,500
12,217,600
15,523,700
15,523,70012,217,60012,911,50014,930,30016,366,00012,848,60012,050,1009,994,9349,887,04211,868,048000000000
       Inventory 
1,026,642
1,498,399
1,880,803
2,734,915
2,073,027
2,580,084
4,042,921
4,466,869
5,098,003
5,833,048
4,785,374
5,401,388
5,955,820
8,331,000
8,693,200
8,698,200
8,824,200
11,442,400
14,333,900
14,333,90011,442,4008,824,2008,698,2008,693,2008,331,0005,955,8205,401,3884,785,3745,833,0485,098,0034,466,8694,042,9212,580,0842,073,0272,734,9151,880,8031,498,3991,026,642
       Other Current Assets 
1,957,699
2,388,451
3,506,838
4,837,399
6,430,762
11,215,762
13,537,383
12,363,574
11,688,843
11,988,397
11,052,091
12,231,096
10,848,824
16,093,800
708,000
22,100
789,900
7,067,500
8,737,300
8,737,3007,067,500789,90022,100708,00016,093,80010,848,82412,231,09611,052,09111,988,39711,688,84312,363,57413,537,38311,215,7626,430,7624,837,3993,506,8382,388,4511,957,699
   > Long-term Assets 
851,624
1,072,492
1,240,381
1,618,115
2,173,581
2,049,036
2,504,632
3,480,187
4,667,545
4,880,738
5,493,671
6,223,230
6,281,388
6,503,300
6,903,800
7,880,500
6,899,000
8,292,100
11,484,500
11,484,5008,292,1006,899,0007,880,5006,903,8006,503,3006,281,3886,223,2305,493,6714,880,7384,667,5453,480,1872,504,6322,049,0362,173,5811,618,1151,240,3811,072,492851,624
       Property Plant Equipment 
780,300
1,010,717
1,121,977
1,532,504
2,107,794
1,866,729
1,959,591
2,187,951
2,073,244
2,393,190
2,370,512
2,355,399
2,655,555
2,923,800
3,122,300
3,860,400
3,874,100
5,251,500
8,505,400
8,505,4005,251,5003,874,1003,860,4003,122,3002,923,8002,655,5552,355,3992,370,5122,393,1902,073,2442,187,9511,959,5911,866,7292,107,7941,532,5041,121,9771,010,717780,300
       Goodwill 
0
0
0
0
0
0
0
0
21,715
0
3,315
3,316
0
0
0
0
0
0
0
00000003,3163,315021,71500000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
332,845
343,569
100,700
109,700
132,400
146,300
0
0
0
0
0000146,300132,400109,700100,700343,569332,845000000000
       Intangible Assets 
58,198
67,915
42,921
25,754
15,973
125,608
265,277
197,689
255,112
336,242
416,308
486,462
558,136
631,000
607,700
624,000
557,300
488,700
813,500
813,500488,700557,300624,000607,700631,000558,136486,462416,308336,242255,112197,689265,277125,60815,97325,75442,92167,91558,198
       Other Assets 
0
0
0
0
0
0
0
0
0
1,838,729
2,359,967
1,392,329
2,963,900
2,889,900
3,027,500
3,227,400
2,308,500
2,378,800
873,400
873,4002,378,8002,308,5003,227,4003,027,5002,889,9002,963,9001,392,3292,359,9671,838,729000000000
> Total Liabilities 
3,065,720
4,162,390
5,400,919
9,156,574
9,989,409
11,060,296
16,961,611
16,894,265
17,590,299
18,421,262
17,193,974
19,258,906
18,912,296
23,503,200
24,760,700
26,545,800
26,615,900
32,921,000
40,652,200
40,652,20032,921,00026,615,90026,545,80024,760,70023,503,20018,912,29619,258,90617,193,97418,421,26217,590,29916,894,26516,961,61111,060,2969,989,4099,156,5745,400,9194,162,3903,065,720
   > Total Current Liabilities 
2,692,936
3,403,677
4,445,279
8,755,320
9,747,264
10,971,030
12,516,288
16,845,243
17,525,981
18,361,802
16,875,956
18,947,517
18,563,802
23,048,600
24,489,100
25,456,900
22,614,500
29,692,000
37,837,500
37,837,50029,692,00022,614,50025,456,90024,489,10023,048,60018,563,80218,947,51716,875,95618,361,80217,525,98116,845,24312,516,28810,971,0309,747,2648,755,3204,445,2793,403,6772,692,936
       Short-term Debt 
0
0
0
0
0
0
0
3,670,337
4,216,140
4,787,147
3,738,622
3,467,705
2,009,210
3,504,800
3,389,100
4,339,100
1,296,400
2,602,200
4,368,000
4,368,0002,602,2001,296,4004,339,1003,389,1003,504,8002,009,2103,467,7053,738,6224,787,1474,216,1403,670,3370000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
4,943,978
10,331
18,168
2,009,210
3,504,800
3,389,100
4,126,700
1,023,400
2,362,600
4,159,000
4,159,0002,362,6001,023,4004,126,7003,389,1003,504,8002,009,21018,16810,3314,943,978000000000
       Accounts payable 
919,072
1,390,560
1,804,289
2,886,020
3,359,141
0
7,838,443
7,359,269
8,023,570
8,296,541
8,846,372
10,942,747
11,755,564
15,473,700
15,346,200
15,823,600
16,048,900
20,416,700
25,111,600
25,111,60020,416,70016,048,90015,823,60015,346,20015,473,70011,755,56410,942,7478,846,3728,296,5418,023,5707,359,2697,838,44303,359,1412,886,0201,804,2891,390,560919,072
       Other Current Liabilities 
1,773,864
2,013,117
2,640,990
5,869,300
6,388,123
10,971,030
4,677,845
5,815,637
5,286,271
5,278,114
4,290,962
4,537,065
4,799,028
4,070,100
5,744,000
23,600
91,200
64,600
7,058,200
7,058,20064,60091,20023,6005,744,0004,070,1004,799,0284,537,0654,290,9625,278,1145,286,2715,815,6374,677,84510,971,0306,388,1235,869,3002,640,9902,013,1171,773,864
   > Long-term Liabilities 
372,784
758,713
955,640
401,254
242,145
89,266
4,445,323
49,022
64,318
59,460
318,018
311,389
348,494
454,600
271,600
1,088,900
4,001,400
3,229,000
2,814,700
2,814,7003,229,0004,001,4001,088,900271,600454,600348,494311,389318,01859,46064,31849,0224,445,32389,266242,145401,254955,640758,713372,784
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
182,960
202,001
259,000
86,500
862,500
3,804,900
2,934,800
2,251,500
2,251,5002,934,8003,804,900862,50086,500259,000202,001182,96000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
59,460
79,352
146,440
152,500
188,100
185,100
226,400
196,500
294,200
0
0294,200196,500226,400185,100188,100152,500146,44079,35259,460000000000
> Total Stockholder Equity
1,484,181
1,727,106
2,129,664
2,635,462
3,671,294
4,916,756
5,112,424
3,953,356
4,006,749
4,785,248
4,555,694
6,626,648
7,571,374
8,312,800
8,730,600
7,823,700
8,851,800
10,175,800
13,306,500
13,306,50010,175,8008,851,8007,823,7008,730,6008,312,8007,571,3746,626,6484,555,6944,785,2484,006,7493,953,3565,112,4244,916,7563,671,2942,635,4622,129,6641,727,1061,484,181
   Common Stock
179,872
179,872
179,872
179,872
179,872
179,872
179,872
179,872
179,872
179,872
179,872
179,902
191,141
192,000
192,600
192,600
192,600
192,600
192,600
192,600192,600192,600192,600192,600192,000191,141179,902179,872179,872179,872179,872179,872179,872179,872179,872179,872179,872179,872
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
-858,831
-972,301
-1,057,107
-1,221,029
-1,312,087
-1,388,281
-1,825,084
-1,875,396
-2,141,411
-2,410,760
-2,711,439
-3,013,923
-465,427
-805,800
-1,238,900
2,027,800
1,917,100
1,949,300
2,038,500
2,038,5001,949,3001,917,1002,027,800-1,238,900-805,800-465,427-3,013,923-2,711,439-2,410,760-2,141,411-1,875,396-1,825,084-1,388,281-1,312,087-1,221,029-1,057,107-972,301-858,831
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
1,731,090
1,804,566
1,972,600
2,101,500
2,101,500
2,101,500
2,101,500
2,101,500
2,101,5002,101,5002,101,5002,101,5002,101,5001,972,6001,804,5661,731,09000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
2,163,140
2,519,535
3,006,899
3,676,619
4,803,509
6,125,165
6,757,636
3,706,115
5,968,288
6,836,136
7,087,261
9,460,669
7,845,660
4,719,500
4,090,600
2,107,500
2,202,000
2,107,500
2,107,500
2,107,5002,107,5002,202,0002,107,5004,090,6004,719,5007,845,6609,460,6697,087,2616,836,1365,968,2883,706,1156,757,6366,125,1654,803,5093,676,6193,006,8992,519,5352,163,140



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 (+$)
totalRevenue79,773,200
Cost of Revenue-61,816,700
Gross Profit17,956,50017,956,500
 
Operating Income (+$)
Gross Profit17,956,500
Operating Expense-13,876,500
Operating Income4,244,8004,080,000
 
Operating Expense (+$)
Research Development610,800
Selling General Administrative846,700
Selling And Marketing Expenses2,517,800
Operating Expense13,876,5003,975,300
 
Net Interest Income (+$)
Interest Income547,000
Interest Expense-547,000
Other Finance Cost-547,000
Net Interest Income-547,000
 
Pretax Income (+$)
Operating Income4,244,800
Net Interest Income-547,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,553,8002,935,800
EBIT - interestExpense = 3,845,700
5,551,500
4,551,600
Interest Expense547,000
Earnings Before Interest and Taxes (EBIT)4,392,7006,100,800
Earnings Before Interest and Taxes (EBITDA)5,240,500
 
After tax Income (+$)
Income Before Tax5,553,800
Tax Provision-1,546,900
Net Income From Continuing Ops4,006,9004,006,900
Net Income4,004,600
Net Income Applicable To Common Shares4,004,600
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses75,693,200
Total Other Income/Expenses Net1,309,000547,000
 

Technical Analysis of Blue Star 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 Blue Star Limited. The general trend of Blue Star Limited is BULLISH with 71.4% 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 Blue Star 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 (71.4%) Bearish trend (-71.4%)
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 Blue Star 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: 1,359 < 1,388.

The bearish price targets are: 1,222 > 1,215 > 1,140.

Tweet this
Blue Star 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 Blue Star Limited. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-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 higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above 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

Blue Star 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 Blue Star Limited. The current macd is 13.50.

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 Blue Star Limited price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Blue Star Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Blue Star Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Blue Star Limited Daily Moving Average Convergence/Divergence (MACD) ChartBlue Star 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 Blue Star Limited. The current adx is 30.66.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Blue Star Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Blue Star 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 Blue Star Limited. The current sar is 1,334.

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
Blue Star 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 Blue Star Limited. The current rsi is 53.02. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Blue Star Limited Daily Relative Strength Index (RSI) ChartBlue Star 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 Blue Star Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Blue Star Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Blue Star Limited Daily Stochastic Oscillator ChartBlue Star 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 Blue Star Limited. The current cci is 9.74816987.

Blue Star Limited Daily Commodity Channel Index (CCI) ChartBlue Star 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 Blue Star Limited. The current cmo is 2.25004258.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Blue Star Limited Daily Chande Momentum Oscillator (CMO) ChartBlue Star 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 Blue Star Limited. The current willr is -62.44509517.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Blue Star Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Blue Star Limited Daily Williams %R ChartBlue Star 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 Blue Star Limited.

Blue Star 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 Blue Star Limited. The current atr is 48.76.

Blue Star Limited Daily Average True Range (ATR) ChartBlue Star 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 Blue Star Limited. The current obv is 35,831,819.

Blue Star Limited Daily On-Balance Volume (OBV) ChartBlue Star 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 Blue Star Limited. The current mfi is 52.01.

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

  • MFI > 50: +1
Blue Star Limited Daily Money Flow Index (MFI) ChartBlue Star Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Blue Star 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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24STOCH 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
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15CCI 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
2023-12-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-17MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-31SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Blue Star Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.023
Ma 20Greater thanMa 501,281.243
Ma 50Greater thanMa 1001,213.313
Ma 100Greater thanMa 2001,093.990
OpenGreater thanClose1,319.000
Total5/5 (100.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Blue Star Limited with someone you think should read this too:
  • Are you bullish or bearish on Blue Star Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Blue Star Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Blue Star Limited

I send you an email if I find something interesting about Blue Star Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Blue Star Limited.

Receive notifications about Blue Star Limited in your mailbox!