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Bodal Chemicals Limited
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PenkeI guess you are interested in Bodal Chemicals 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 Bodal Chemicals 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.

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Quick analysis of Bodal (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.04
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR85.67
Expected worth in 1 year
INR93.74
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR11.18
Return On Investment
15.2%

For what price can you sell your share?

Current Price per Share
INR73.45
Expected price per share
INR70.81 - INR100.68
How sure are you?
50%

1. Valuation of Bodal (5 min.)




Live pricePrice per Share (EOD)

INR73.45

Intrinsic Value Per Share

INR-99.63 - INR100.77

Total Value Per Share

INR-13.96 - INR186.45

2. Growth of Bodal (5 min.)




Is Bodal growing?

Current yearPrevious yearGrowGrow %
How rich?$129.3m$126.2m$3m2.4%

How much money is Bodal making?

Current yearPrevious yearGrowGrow %
Making money$4.5m$12.5m-$7.9m-174.0%
Net Profit Margin2.4%5.1%--

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

3. Financial Health of Bodal (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  

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

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

What can you expect buying and holding a share of Bodal?

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

Speculation

The Price per Share of Bodal is INR73.45. 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 Bodal.
  • 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 Bodal, 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 INR85.67. Based on the TTM, the Book Value Change Per Share is INR2.02 per quarter. Based on the YOY, the Book Value Change Per Share is INR5.76 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 INR0.78 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Bodal.

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 Eps0.040.0%0.040.0%0.100.1%0.080.1%0.080.1%
Usd Book Value Change Per Share0.020.0%0.020.0%0.070.1%0.070.1%0.100.1%
Usd Dividend Per Share0.010.0%0.010.0%0.010.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.030.0%0.030.0%0.080.1%0.080.1%0.110.1%
Usd Price Per Share0.69-0.69-1.21-1.00-0.99-
Price to Earnings Ratio19.08-19.08-11.79-15.03-12.60-
Price-to-Total Gains Ratio20.64-20.64-15.45-14.59-11.88-
Price to Book Ratio0.67-0.67-1.21-1.11-2.22-
Price-to-Total Gains Ratio20.64-20.64-15.45-14.59-11.88-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.8814
Number of shares1134
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.01
Usd Book Value Change Per Share0.020.07
Usd Total Gains Per Share0.030.08
Gains per Quarter (1134 shares)38.0394.80
Gains per Year (1134 shares)152.14379.20
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14211014251329369
285219294101657748
31273294461529861127
417043959820313141506
521254975025316431885
625565890230419712264
7297768105435523002643
8339878120640526283022
9382987135845629573401
104241097151050732853780

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%16.02.00.088.9%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.02.00.088.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.02.00.088.9%

Fundamentals of Bodal

About Bodal Chemicals Limited

Bodal Chemicals Limited manufactures and sells dyestuffs, dyes intermediates, and other chemicals in India. The company's dye intermediates primarily include vinyl sulphone ester, ortho anisidine vinyl sulphone, meta ureido aniline, H. acid, Bronner's vinyl sulphone, vinyl sulphone paracresidine base, 6-nitro 1-diazo-2naphthol 4-sulphonic acid, sulpho para vinyl sulphone, sulpho tobias acid, vinyl sulphone ester of 2:5 di methoxy aniline, sulpho ortho anisidine vinyl sulphone, F.C. acid, 1:2:4 diazo, K"acid, benzedine di sulphonic acid, benzanilide vinyl sulphone, and gamma acid. It also provides chemicals comprising of sulphur, acetanilide, beta napthol, liquid SO3, chloro sulphonic acid, oleum, and linear alkyl benzene sulphonic acid, as well as produces water purification chemicals. In addition, the company offers caustic soda lye and flakes, bleaching powder, liquid chlorine, bleach liquor, and hydrochloric acid. Further, it produces pharma related intermediates. The company serves textiles, leather, paper, dye intermediates, dyestuffs, agrochemicals, alumina, detergents, food, and pharmaceuticals sectors. It also exports its products. Bodal Chemicals Limited was incorporated in 1986 and is headquartered in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-23 07:52:05.

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 inefficient 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 very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Bodal Chemicals Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Bodal earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Bodal to the Specialty Chemicals industry mean.
  • A Net Profit Margin of 2.4% 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 Bodal Chemicals Limited:

  • The MRQ is 2.4%. The company is making a profit. +1
  • The TTM is 2.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.4%TTM2.4%0.0%
TTM2.4%YOY5.1%-2.7%
TTM2.4%5Y5.5%-3.1%
5Y5.5%10Y7.0%-1.5%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%4.2%-1.8%
TTM2.4%4.2%-1.8%
YOY5.1%6.4%-1.3%
5Y5.5%6.0%-0.5%
10Y7.0%6.0%+1.0%
1.1.2. Return on Assets

Shows how efficient Bodal is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Bodal to the Specialty Chemicals industry mean.
  • 1.8% Return on Assets means that Bodal generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Bodal Chemicals Limited:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.8%0.0%
TTM1.8%YOY4.9%-3.1%
TTM1.8%5Y5.2%-3.4%
5Y5.2%10Y9.5%-4.3%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%1.1%+0.7%
TTM1.8%1.1%+0.7%
YOY4.9%1.7%+3.2%
5Y5.2%1.6%+3.6%
10Y9.5%1.7%+7.8%
1.1.3. Return on Equity

Shows how efficient Bodal is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Bodal to the Specialty Chemicals industry mean.
  • 3.5% Return on Equity means Bodal generated ₹0.04 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Bodal Chemicals Limited:

  • The MRQ is 3.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.5%TTM3.5%0.0%
TTM3.5%YOY9.9%-6.3%
TTM3.5%5Y8.9%-5.3%
5Y8.9%10Y21.8%-13.0%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ3.5%2.2%+1.3%
TTM3.5%2.0%+1.5%
YOY9.9%3.2%+6.7%
5Y8.9%2.7%+6.2%
10Y21.8%2.8%+19.0%

1.2. Operating Efficiency of Bodal Chemicals Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Bodal is operating .

  • Measures how much profit Bodal 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 Bodal to the Specialty Chemicals industry mean.
  • An Operating Margin of 5.8% means the company generated ₹0.06  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Bodal Chemicals Limited:

  • The MRQ is 5.8%. The company is operating less efficient.
  • The TTM is 5.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.8%TTM5.8%0.0%
TTM5.8%YOY9.1%-3.2%
TTM5.8%5Y9.3%-3.5%
5Y9.3%10Y11.6%-2.3%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8%7.5%-1.7%
TTM5.8%4.8%+1.0%
YOY9.1%8.2%+0.9%
5Y9.3%8.1%+1.2%
10Y11.6%7.3%+4.3%
1.2.2. Operating Ratio

Measures how efficient Bodal is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Chemicals 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 Bodal Chemicals 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
TTM0.949YOY0.911+0.038
TTM0.9495Y0.910+0.039
5Y0.91010Y0.875+0.035
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9491.529-0.580
TTM0.9491.530-0.581
YOY0.9111.459-0.548
5Y0.9101.462-0.552
10Y0.8751.229-0.354

1.3. Liquidity of Bodal Chemicals Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Bodal is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A Current Ratio of 1.37 means the company has ₹1.37 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Bodal Chemicals Limited:

  • The MRQ is 1.369. The company is just able to pay all its short-term debts.
  • The TTM is 1.369. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.369TTM1.3690.000
TTM1.369YOY1.406-0.036
TTM1.3695Y1.447-0.078
5Y1.44710Y1.393+0.054
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3691.831-0.462
TTM1.3691.875-0.506
YOY1.4061.896-0.490
5Y1.4471.926-0.479
10Y1.3931.762-0.369
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Bodal to the Specialty Chemicals industry mean.
  • A Quick Ratio of 0.74 means the company can pay off ₹0.74 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Bodal Chemicals Limited:

  • The MRQ is 0.737. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.737. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.737TTM0.7370.000
TTM0.737YOY0.851-0.114
TTM0.7375Y0.888-0.151
5Y0.88810Y0.924-0.035
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7370.846-0.109
TTM0.7370.884-0.147
YOY0.8510.966-0.115
5Y0.8881.049-0.161
10Y0.9241.030-0.106

1.4. Solvency of Bodal Chemicals Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Bodal assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Bodal to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.49 means that Bodal assets are financed with 49.2% credit (debt) and the remaining percentage (100% - 49.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Bodal Chemicals Limited:

  • The MRQ is 0.492. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.492. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.492TTM0.4920.000
TTM0.492YOY0.504-0.012
TTM0.4925Y0.432+0.060
5Y0.43210Y0.504-0.072
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4920.431+0.061
TTM0.4920.427+0.065
YOY0.5040.426+0.078
5Y0.4320.433-0.001
10Y0.5040.439+0.065
1.4.2. Debt to Equity Ratio

Measures if Bodal is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Bodal to the Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 96.8% means that company has ₹0.97 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Bodal Chemicals Limited:

  • The MRQ is 0.968. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.968. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.968TTM0.9680.000
TTM0.968YOY1.013-0.045
TTM0.9685Y0.781+0.187
5Y0.78110Y1.409-0.628
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9680.767+0.201
TTM0.9680.752+0.216
YOY1.0130.747+0.266
5Y0.7810.797-0.016
10Y1.4090.845+0.564

2. Market Valuation of Bodal Chemicals 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 Bodal generates.

  • Above 15 is considered overpriced but always compare Bodal to the Specialty Chemicals industry mean.
  • A PE ratio of 19.08 means the investor is paying ₹19.08 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Bodal Chemicals Limited:

  • The EOD is 24.293. Based on the earnings, the company is fair priced.
  • The MRQ is 19.084. Based on the earnings, the company is fair priced.
  • The TTM is 19.084. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD24.293MRQ19.084+5.209
MRQ19.084TTM19.0840.000
TTM19.084YOY11.794+7.289
TTM19.0845Y15.025+4.058
5Y15.02510Y12.597+2.428
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD24.29315.013+9.280
MRQ19.08413.988+5.096
TTM19.08415.705+3.379
YOY11.79417.841-6.047
5Y15.02519.498-4.473
10Y12.59723.950-11.353
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -17.482. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -13.734. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.734. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-17.482MRQ-13.734-3.749
MRQ-13.734TTM-13.7340.000
TTM-13.734YOY-7.357-6.377
TTM-13.7345Y0.540-14.274
5Y0.54010Y5.149-4.609
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD-17.4825.077-22.559
MRQ-13.7344.568-18.302
TTM-13.7342.302-16.036
YOY-7.357-0.150-7.207
5Y0.5403.140-2.600
10Y5.1492.653+2.496
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Chemicals industry mean).
  • A PB ratio of 0.67 means the investor is paying ₹0.67 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Bodal Chemicals Limited:

  • The EOD is 0.857. Based on the equity, the company is cheap. +2
  • The MRQ is 0.673. Based on the equity, the company is cheap. +2
  • The TTM is 0.673. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.857MRQ0.673+0.184
MRQ0.673TTM0.6730.000
TTM0.673YOY1.207-0.533
TTM0.6735Y1.105-0.432
5Y1.10510Y2.223-1.118
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD0.8571.713-0.856
MRQ0.6731.781-1.108
TTM0.6731.854-1.181
YOY1.2072.306-1.099
5Y1.1052.351-1.246
10Y2.2232.842-0.619
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Bodal Chemicals 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--2.0152.0150%5.759-65%6.036-67%8.163-75%
Book Value Per Share--85.67585.6750%83.659+2%77.541+10%51.213+67%
Current Ratio--1.3691.3690%1.406-3%1.447-5%1.393-2%
Debt To Asset Ratio--0.4920.4920%0.504-2%0.432+14%0.504-2%
Debt To Equity Ratio--0.9680.9680%1.013-4%0.781+24%1.409-31%
Dividend Per Share--0.7800.7800%0.774+1%0.931-16%0.611+28%
Eps--3.0243.0240%8.559-65%6.647-55%7.007-57%
Free Cash Flow Per Share---4.201-4.2010%-13.721+227%-6.700+59%-2.271-46%
Free Cash Flow To Equity Per Share---1.605-1.6050%0.684-335%-0.075-95%0.300-634%
Gross Profit Margin--0.7550.7550%0.796-5%0.817-8%0.7570%
Intrinsic Value_10Y_max--100.771--------
Intrinsic Value_10Y_min---99.634--------
Intrinsic Value_1Y_max--0.396--------
Intrinsic Value_1Y_min---10.884--------
Intrinsic Value_3Y_max--8.585--------
Intrinsic Value_3Y_min---32.116--------
Intrinsic Value_5Y_max--25.687--------
Intrinsic Value_5Y_min---52.543--------
Market Cap9239275500.000+21%7258083000.0007258083000.0000%12698500500.000-43%10513528200.000-31%10381448700.000-30%
Net Profit Margin--0.0240.0240%0.051-53%0.055-56%0.070-66%
Operating Margin--0.0580.0580%0.091-36%0.093-38%0.116-50%
Operating Ratio--0.9490.9490%0.911+4%0.910+4%0.875+8%
Pb Ratio0.857+21%0.6730.6730%1.207-44%1.105-39%2.223-70%
Pe Ratio24.293+21%19.08419.0840%11.794+62%15.025+27%12.597+51%
Price Per Share73.450+21%57.70057.7000%100.950-43%83.580-31%82.530-30%
Price To Free Cash Flow Ratio-17.482-27%-13.734-13.7340%-7.357-46%0.540-2643%5.149-367%
Price To Total Gains Ratio26.279+21%20.64420.6440%15.451+34%14.593+41%11.877+74%
Quick Ratio--0.7370.7370%0.851-13%0.888-17%0.924-20%
Return On Assets--0.0180.0180%0.049-63%0.052-66%0.095-81%
Return On Equity--0.0350.0350%0.099-64%0.089-60%0.218-84%
Total Gains Per Share--2.7952.7950%6.533-57%6.967-60%8.775-68%
Usd Book Value--129324360.000129324360.0000%126282120.000+2%117046728.000+10%77304358.800+67%
Usd Book Value Change Per Share--0.0240.0240%0.069-65%0.072-67%0.098-75%
Usd Book Value Per Share--1.0281.0280%1.004+2%0.930+10%0.615+67%
Usd Dividend Per Share--0.0090.0090%0.009+1%0.011-16%0.007+28%
Usd Eps--0.0360.0360%0.103-65%0.080-55%0.084-57%
Usd Free Cash Flow---6341880.000-6341880.0000%-20712240.000+227%-10113674.400+59%-3428310.000-46%
Usd Free Cash Flow Per Share---0.050-0.0500%-0.165+227%-0.080+59%-0.027-46%
Usd Free Cash Flow To Equity Per Share---0.019-0.0190%0.008-335%-0.001-95%0.004-634%
Usd Market Cap110871306.000+21%87096996.00087096996.0000%152382006.000-43%126162338.400-31%124577384.400-30%
Usd Price Per Share0.881+21%0.6920.6920%1.211-43%1.003-31%0.990-30%
Usd Profit--4563960.0004563960.0000%12507360.000-64%9950544.000-54%10484181.600-56%
Usd Revenue--188913600.000188913600.0000%243214080.000-22%181981224.000+4%154252678.800+22%
Usd Total Gains Per Share--0.0340.0340%0.078-57%0.084-60%0.105-68%
 EOD+5 -3MRQTTM+0 -0YOY+14 -225Y+11 -2510Y+12 -24

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1524.293
Price to Book Ratio (EOD)Between0-10.857
Net Profit Margin (MRQ)Greater than00.024
Operating Margin (MRQ)Greater than00.058
Quick Ratio (MRQ)Greater than10.737
Current Ratio (MRQ)Greater than11.369
Debt to Asset Ratio (MRQ)Less than10.492
Debt to Equity Ratio (MRQ)Less than10.968
Return on Equity (MRQ)Greater than0.150.035
Return on Assets (MRQ)Greater than0.050.018
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.274
Ma 20Greater thanMa 5083.548
Ma 50Greater thanMa 10082.236
Ma 100Greater thanMa 20080.636
OpenGreater thanClose75.800
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets21,209,000
Total Liabilities10,431,970
Total Stockholder Equity10,777,030
 As reported
Total Liabilities 10,431,970
Total Stockholder Equity+ 10,777,030
Total Assets = 21,209,000

Assets

Total Assets21,209,000
Total Current Assets8,508,820
Long-term Assets12,700,180
Total Current Assets
Cash And Cash Equivalents 168,020
Short-term Investments 57,850
Net Receivables 4,294,590
Inventory 2,925,290
Other Current Assets 1,063,070
Total Current Assets  (as reported)8,508,820
Total Current Assets  (calculated)8,508,820
+/-0
Long-term Assets
Property Plant Equipment 11,460,940
Goodwill 84,750
Intangible Assets 60,660
Long-term Assets Other 1,087,320
Long-term Assets  (as reported)12,700,180
Long-term Assets  (calculated)12,693,670
+/- 6,510

Liabilities & Shareholders' Equity

Total Current Liabilities6,213,530
Long-term Liabilities4,218,440
Total Stockholder Equity10,777,030
Total Current Liabilities
Short-term Debt 3,362,150
Short Long Term Debt 3,356,430
Accounts payable 2,511,870
Other Current Liabilities 116,450
Total Current Liabilities  (as reported)6,213,530
Total Current Liabilities  (calculated)9,346,900
+/- 3,133,370
Long-term Liabilities
Long term Debt Total 3,618,330
Other Liabilities 600,110
Long-term Liabilities  (as reported)4,218,440
Long-term Liabilities  (calculated)4,218,440
+/-0
Total Stockholder Equity
Common Stock251,250
Retained Earnings 7,058,340
Accumulated Other Comprehensive Income 1,031,830
Capital Surplus 2,435,610
Total Stockholder Equity (as reported)10,777,030
Total Stockholder Equity (calculated)10,777,030
+/- 0
Other
Capital Stock251,250
Cash and Short Term Investments 225,870
Common Stock Shares Outstanding 125,545
Current Deferred Revenue223,060
Liabilities and Stockholders Equity 21,209,000
Net Debt 6,812,460
Net Invested Capital 17,751,790
Net Tangible Assets 10,631,620
Net Working Capital 2,295,290
Property Plant and Equipment Gross 11,460,940
Short Long Term Debt Total 6,980,480



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-31
> Total Assets 
929,196
1,690,304
2,939,083
3,260,066
4,466,240
5,511,923
5,748,438
4,764,354
5,926,577
5,342,350
5,098,830
6,975,430
10,749,990
12,986,580
14,695,470
17,477,590
21,223,110
21,209,000
21,209,00021,223,11017,477,59014,695,47012,986,58010,749,9906,975,4305,098,8305,342,3505,926,5774,764,3545,748,4385,511,9234,466,2403,260,0662,939,0831,690,304929,196
   > Total Current Assets 
676,970
1,228,708
1,901,684
1,565,650
2,114,371
2,772,708
2,799,816
1,927,641
3,970,393
3,227,739
3,074,282
4,065,420
5,374,340
6,157,590
7,580,070
8,709,070
11,307,660
8,508,820
8,508,82011,307,6608,709,0707,580,0706,157,5905,374,3404,065,4203,074,2823,227,7393,970,3931,927,6412,799,8162,772,7082,114,3711,565,6501,901,6841,228,708676,970
       Cash And Cash Equivalents 
1,099
7,444
23,593
26,142
44,940
50,146
49,137
39,267
34,346
30,149
38,547
167,070
11,760
77,860
144,650
119,140
93,000
168,020
168,02093,000119,140144,65077,86011,760167,07038,54730,14934,34639,26749,13750,14644,94026,14223,5937,4441,099
       Short-term Investments 
136,679
230,618
355,170
378,233
504,529
0
420,504
0
420,983
413,902
0
0
30,080
5,740
51,470
51,470
950
57,850
57,85095051,47051,4705,74030,08000413,902420,9830420,5040504,529378,233355,170230,618136,679
       Net Receivables 
0
0
0
0
0
0
0
0
2,330,124
2,016,190
1,654,810
2,348,050
3,697,620
3,296,020
5,242,570
5,493,020
6,750,160
4,294,590
4,294,5906,750,1605,493,0205,242,5703,296,0203,697,6202,348,0501,654,8102,016,1902,330,12400000000
       Inventory 
140,752
223,671
478,335
386,393
526,716
918,592
794,920
642,090
1,221,293
779,565
898,018
1,308,180
1,133,050
2,076,330
2,190,510
3,072,090
4,446,260
2,925,290
2,925,2904,446,2603,072,0902,190,5102,076,3301,133,0501,308,180898,018779,5651,221,293642,090794,920918,592526,716386,393478,335223,671140,752
       Other Current Assets 
398,440
766,975
1,044,586
774,882
1,038,186
1,803,970
1,535,255
1,246,284
2,293,771
2,004,123
2,137,717
2,590,170
4,199,450
701,640
2,340
24,820
17,290
1,063,070
1,063,07017,29024,8202,340701,6404,199,4502,590,1702,137,7172,004,1232,293,7711,246,2841,535,2551,803,9701,038,186774,8821,044,586766,975398,440
   > Long-term Assets 
252,226
461,596
1,037,399
1,694,416
2,351,869
2,739,215
2,948,622
2,836,713
1,956,184
2,114,611
2,024,548
2,910,010
5,375,650
6,828,990
7,115,400
8,768,520
9,915,450
12,700,180
12,700,1809,915,4508,768,5207,115,4006,828,9905,375,6502,910,0102,024,5482,114,6111,956,1842,836,7132,948,6222,739,2152,351,8691,694,4161,037,399461,596252,226
       Property Plant Equipment 
169,651
397,649
985,612
1,661,325
2,337,903
2,723,305
2,793,721
2,664,732
1,759,552
1,919,500
1,912,569
2,298,360
4,647,850
6,448,940
6,543,770
8,064,600
9,317,229
11,460,940
11,460,9409,317,2298,064,6006,543,7706,448,9404,647,8502,298,3601,912,5691,919,5001,759,5522,664,7322,793,7212,723,3052,337,9031,661,325985,612397,649169,651
       Goodwill 
81,106
60,830
43,191
22,254
1,319
660
0
0
0
0
0
0
0
22,580
154,750
84,750
84,750
84,750
84,75084,75084,750154,75022,58000000006601,31922,25443,19160,83081,106
       Long Term Investments 
0
0
0
0
0
0
0
0
6,661
17,840
16,300
173,810
139,250
56,000
0
0
0
0
000056,000139,250173,81016,30017,8406,66100000000
       Intangible Assets 
0
100
90
146
3,458
6,647
9,943
0
8,480
11,127
9,630
8,110
6,530
6,340
8,840
79,520
69,160
60,660
60,66069,16079,5208,8406,3406,5308,1109,63011,1278,48009,9436,6473,458146901000
       Other Assets 
0
0
0
0
0
0
0
0
181,491
165,784
49,600
534,710
683,900
432,340
467,180
591,350
1,050,730
86,590
86,5901,050,730591,350467,180432,340683,900534,71049,600165,784181,49100000000
> Total Liabilities 
648,104
1,333,078
2,466,290
2,752,823
3,887,465
4,715,497
5,163,974
4,255,907
5,027,647
3,527,443
2,752,848
3,365,220
3,769,190
4,683,720
5,328,480
7,678,510
10,699,600
10,431,970
10,431,97010,699,6007,678,5105,328,4804,683,7203,769,1903,365,2202,752,8483,527,4435,027,6474,255,9075,163,9744,715,4973,887,4652,752,8232,466,2901,333,078648,104
   > Total Current Liabilities 
350,551
544,511
974,261
848,345
1,135,940
1,623,798
3,964,188
1,788,163
2,869,159
2,541,980
2,592,401
3,097,020
3,481,070
4,099,720
4,945,130
6,101,140
8,044,270
6,213,530
6,213,5308,044,2706,101,1404,945,1304,099,7203,481,0703,097,0202,592,4012,541,9802,869,1591,788,1633,964,1881,623,7981,135,940848,345974,261544,511350,551
       Short-term Debt 
0
0
0
0
0
0
1,969,562
965,972
1,273,708
1,224,914
1,422,248
1,430,640
1,169,030
884,090
1,796,600
2,403,870
3,620,450
3,362,150
3,362,1503,620,4502,403,8701,796,600884,0901,169,0301,430,6401,422,2481,224,9141,273,708965,9721,969,562000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
3,716,566
779
1,429,040
1,430,640
1,169,030
1,583,030
2,565,200
3,468,490
3,619,650
3,356,430
3,356,4303,619,6503,468,4902,565,2001,583,0301,169,0301,430,6401,429,0407793,716,56600000000
       Accounts payable 
313,034
456,108
828,108
711,935
966,763
1,407,272
1,189,041
684,230
1,121,625
1,124,915
1,080,400
1,553,690
1,519,090
2,919,750
2,868,380
3,290,170
3,539,750
2,511,870
2,511,8703,539,7503,290,1702,868,3802,919,7501,519,0901,553,6901,080,4001,124,9151,121,625684,2301,189,0411,407,272966,763711,935828,108456,108313,034
       Other Current Liabilities 
37,517
88,403
146,153
136,410
169,177
216,526
805,585
137,961
473,826
192,151
89,753
112,690
775,150
112,940
85,130
69,870
135,530
116,450
116,450135,53069,87085,130112,940775,150112,69089,753192,151473,826137,961805,585216,526169,177136,410146,15388,40337,517
   > Long-term Liabilities 
297,553
788,567
1,492,029
1,904,478
2,751,525
3,091,699
1,199,786
2,467,744
2,158,488
985,463
160,447
268,200
288,120
584,000
383,350
1,577,370
2,655,330
4,218,440
4,218,4402,655,3301,577,370383,350584,000288,120268,200160,447985,4632,158,4882,467,7441,199,7863,091,6992,751,5251,904,4781,492,029788,567297,553
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
6,790
78,770
10,200
130,620
5,740
1,067,100
2,138,370
3,618,330
3,618,3302,138,3701,067,1005,740130,62010,20078,7706,7900000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
123,389
153,660
182,290
277,920
445,610
377,610
510,270
516,960
600,110
600,110516,960510,270377,610445,610277,920182,290153,660123,389000000000
> Total Stockholder Equity
281,092
357,226
472,793
507,243
578,775
790,768
579,302
504,139
898,930
1,814,907
2,345,982
3,592,600
6,969,600
8,293,580
9,318,080
9,753,010
10,557,990
10,777,030
10,777,03010,557,9909,753,0109,318,0808,293,5806,969,6003,592,6002,345,9821,814,907898,930504,139579,302790,768578,775507,243472,793357,226281,092
   Common Stock
143,699
143,699
144,375
199,023
199,023
199,023
218,215
373,215
468,215
468,215
218,215
218,210
244,380
244,380
244,660
244,660
244,960
251,250
251,250244,960244,660244,660244,380244,380218,210218,215468,215468,215373,215218,215199,023199,023199,023144,375143,699143,699
   Retained Earnings Total Equity000000000000000000
   Accumulated Other Comprehensive Income 
-151,863
-169,790
-211,853
-274,017
-373,841
-513,364
-669,996
-832,501
-1,809,636
-2,028,696
-2,274,210
-2,566,190
-395,030
-639,080
-913,110
1,010,920
1,085,740
1,031,830
1,031,8301,085,7401,010,920-913,110-639,080-395,030-2,566,190-2,274,210-2,028,696-1,809,636-832,501-669,996-513,364-373,841-274,017-211,853-169,790-151,863
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
222,040
222,040
2,381,910
2,381,910
2,837,410
2,406,160
2,417,430
2,435,610
2,435,6102,417,4302,406,1602,837,4102,381,9102,381,910222,040222,0400000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
289,256
383,317
540,271
582,237
753,593
924,392
1,148,210
1,312,952
2,287,063
2,505,383
3,000,897
3,293,060
3,285,630
3,543,880
-6,116,910
2,344,970
2,417,430
2,435,610
2,435,6102,417,4302,344,970-6,116,9103,543,8803,285,6303,293,0603,000,8972,505,3832,287,0631,312,9521,148,210924,392753,593582,237540,271383,317289,256



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 (+$)
totalRevenue15,742,800
Cost of Revenue-9,038,420
Gross Profit6,704,3806,704,380
 
Operating Income (+$)
Gross Profit6,704,380
Operating Expense-5,901,900
Operating Income850,220802,480
 
Operating Expense (+$)
Research Development44,130
Selling General Administrative120,190
Selling And Marketing Expenses93,250
Operating Expense5,901,900257,570
 
Net Interest Income (+$)
Interest Income410,250
Interest Expense-410,250
Other Finance Cost-410,250
Net Interest Income-410,250
 
Pretax Income (+$)
Operating Income850,220
Net Interest Income-410,250
Other Non-Operating Income Expenses0
Income Before Tax (EBT)508,3601,192,080
EBIT - interestExpense = 508,360
508,360
790,580
Interest Expense410,250
Earnings Before Interest and Taxes (EBIT)918,610918,610
Earnings Before Interest and Taxes (EBITDA)1,449,530
 
After tax Income (+$)
Income Before Tax508,360
Tax Provision-128,030
Net Income From Continuing Ops380,330380,330
Net Income380,330
Net Income Applicable To Common Shares380,330
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses14,940,320
Total Other Income/Expenses Net-341,860410,250
 

Technical Analysis of Bodal
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 Bodal. The general trend of Bodal is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bodal'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 (0.0%) Bearish trend (0.0%)
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 Bodal Chemicals Limited.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 74.00 < 76.00 < 100.68.

The bearish price targets are: 73.00 > 72.95 > 70.81.

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Bodal Chemicals 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 Bodal Chemicals Limited. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 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 higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher 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 higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +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

Bodal Chemicals 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 Bodal Chemicals Limited. The current macd is -2.30049728.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bodal price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Bodal. 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 Bodal price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Bodal Chemicals Limited Daily Moving Average Convergence/Divergence (MACD) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current adx is 20.04.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Bodal shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Bodal Chemicals 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 Bodal Chemicals Limited. The current sar is 91.82.

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
Bodal Chemicals 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 Bodal Chemicals Limited. The current rsi is 38.27. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Bodal Chemicals Limited Daily Relative Strength Index (RSI) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current phase is Oversold in neutral market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Bodal price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Bodal Chemicals Limited Daily Stochastic Oscillator ChartBodal Chemicals 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 Bodal Chemicals Limited. The current cci is -109.99887842.

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

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Bodal Chemicals Limited Daily Commodity Channel Index (CCI) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current cmo is -32.10626889.

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
Bodal Chemicals Limited Daily Chande Momentum Oscillator (CMO) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current willr is -97.00176367.

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
Bodal Chemicals Limited Daily Williams %R ChartBodal Chemicals 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 Bodal Chemicals Limited.

Bodal Chemicals 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 Bodal Chemicals Limited. The current atr is 4.98271174.

Bodal Chemicals Limited Daily Average True Range (ATR) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current obv is 64,755,652.

Bodal Chemicals Limited Daily On-Balance Volume (OBV) ChartBodal Chemicals 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 Bodal Chemicals Limited. The current mfi is 45.58.

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
Bodal Chemicals Limited Daily Money Flow Index (MFI) ChartBodal Chemicals Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bodal Chemicals 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
2023-11-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-28DMI 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
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
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).
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26WILLR 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).
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23DMI 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.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-09DMI 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
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13MACD 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside

6.3. Candlestick Patterns

Bodal Chemicals Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.274
Ma 20Greater thanMa 5083.548
Ma 50Greater thanMa 10082.236
Ma 100Greater thanMa 20080.636
OpenGreater thanClose75.800
Total4/5 (80.0%)
Penke

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