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Chennai Ferrous Industries Ltd
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Let's analyse Chennai Ferrous Industries Ltd together

PenkeI guess you are interested in Chennai Ferrous Industries Ltd. 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 Chennai Ferrous Industries Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Chennai Ferrous Industries Ltd (30 sec.)










What can you expect buying and holding a share of Chennai Ferrous Industries Ltd? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR125.52
Expected worth in 1 year
INR180.08
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
INR54.55
Return On Investment
51.7%

For what price can you sell your share?

Current Price per Share
INR105.45
Expected price per share
INR82.70 - INR131.40
How sure are you?
50%

1. Valuation of Chennai Ferrous Industries Ltd (5 min.)




Live pricePrice per Share (EOD)

INR105.45

Intrinsic Value Per Share

INR-17.23 - INR427.42

Total Value Per Share

INR108.29 - INR552.94

2. Growth of Chennai Ferrous Industries Ltd (5 min.)




Is Chennai Ferrous Industries Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$5.4m$5m$395.2k7.3%

How much money is Chennai Ferrous Industries Ltd making?

Current yearPrevious yearGrowGrow %
Making money$395.2k$3m-$2.6m-668.2%
Net Profit Margin2.4%27.3%--

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

3. Financial Health of Chennai Ferrous Industries Ltd (5 min.)




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




  Industry Rankings (Other)  


Richest
#353 / 406

Most Revenue
#304 / 406

Most Profit
#268 / 406

Most Efficient
#232 / 406

What can you expect buying and holding a share of Chennai Ferrous Industries Ltd? (5 min.)

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

What can you expect buying and holding a share of Chennai Ferrous Industries Ltd?

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

Speculation

The Price per Share of Chennai Ferrous Industries Ltd is INR105.45. 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 Chennai Ferrous Industries Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR125.52. Based on the TTM, the Book Value Change Per Share is INR13.64 per quarter. Based on the YOY, the Book Value Change Per Share is INR139.39 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Chennai Ferrous Industries Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.110.1%0.110.1%0.810.8%0.240.2%-0.010.0%
Usd Book Value Change Per Share0.160.2%0.160.2%1.671.6%0.420.4%0.150.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.160.2%0.160.2%1.671.6%0.420.4%0.150.1%
Usd Price Per Share1.67-1.67-1.14-0.59-0.36-
Price to Earnings Ratio15.21-15.21-1.40-34.24-16.85-
Price-to-Total Gains Ratio10.19-10.19-0.68-2.75-1.04-
Price to Book Ratio1.11-1.11-0.85-0.34-0.36-
Price-to-Total Gains Ratio10.19-10.19-0.68-2.75-1.04-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.2654
Number of shares790
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.160.42
Usd Total Gains Per Share0.160.42
Gains per Quarter (790 shares)129.28333.67
Gains per Year (790 shares)517.141,334.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10517507013351325
2010341024026692660
3015511541040043995
4020692058053395330
5025862575066736665
6031033092080088000
7036203609093439335
804137412601067810670
904654464301201212005
1005171516001334713340

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%6.04.00.060.0%6.04.00.060.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.05.00.050.0%5.05.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.05.00.050.0%5.05.00.050.0%

Fundamentals of Chennai Ferrous Industries Ltd

About Chennai Ferrous Industries Ltd

Chennai Ferrous Industries Limited manufactures sponge iron and allied products in India. The company was incorporated in 2010 and is based in Gummidipoondi, India.

Fundamental data was last updated by Penke on 2024-03-23 08:22:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Chennai Ferrous Industries Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Chennai Ferrous Industries Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other 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 Chennai Ferrous Industries Ltd:

  • 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%YOY27.3%-24.9%
TTM2.4%5Y16.2%-13.8%
5Y16.2%10Y-13.7%+29.8%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4%5.6%-3.2%
TTM2.4%5.4%-3.0%
YOY27.3%6.9%+20.4%
5Y16.2%6.0%+10.2%
10Y-13.7%6.1%-19.8%
1.1.2. Return on Assets

Shows how efficient Chennai Ferrous Industries Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • 2.2% Return on Assets means that Chennai Ferrous Industries Ltd generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%0.0%
TTM2.2%YOY44.3%-42.0%
TTM2.2%5Y15.8%-13.6%
5Y15.8%10Y1.9%+13.9%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.2%+1.0%
TTM2.2%1.2%+1.0%
YOY44.3%1.6%+42.7%
5Y15.8%1.2%+14.6%
10Y1.9%1.3%+0.6%
1.1.3. Return on Equity

Shows how efficient Chennai Ferrous Industries Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • 7.3% Return on Equity means Chennai Ferrous Industries Ltd generated ₹0.07 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 7.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.3%TTM7.3%0.0%
TTM7.3%YOY60.3%-53.0%
TTM7.3%5Y13.5%-6.2%
5Y13.5%10Y-20.5%+34.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ7.3%3.4%+3.9%
TTM7.3%3.5%+3.8%
YOY60.3%4.9%+55.4%
5Y13.5%3.8%+9.7%
10Y-20.5%3.8%-24.3%

1.2. Operating Efficiency of Chennai Ferrous Industries Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Chennai Ferrous Industries Ltd is operating .

  • Measures how much profit Chennai Ferrous Industries Ltd makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y10.4%-10.4%
5Y10.4%10Y-18.7%+29.1%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-9.5%
TTM-7.6%-7.6%
YOY-8.9%-8.9%
5Y10.4%6.1%+4.3%
10Y-18.7%7.3%-26.0%
1.2.2. Operating Ratio

Measures how efficient Chennai Ferrous Industries Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other industry mean).
  • An Operation Ratio of 1.93 means that the operating costs are ₹1.93 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 1.934. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.934. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.934TTM1.9340.000
TTM1.934YOY1.462+0.472
TTM1.9345Y1.304+0.630
5Y1.30410Y1.960-0.656
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9341.249+0.685
TTM1.9341.245+0.689
YOY1.4621.209+0.253
5Y1.3041.257+0.047
10Y1.9601.355+0.605

1.3. Liquidity of Chennai Ferrous Industries Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Chennai Ferrous Industries Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other industry mean).
  • A Current Ratio of 1.02 means the company has ₹1.02 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 1.020. The company is just able to pay all its short-term debts.
  • The TTM is 1.020. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.020TTM1.0200.000
TTM1.020YOY1.519-0.498
TTM1.0205Y0.701+0.319
5Y0.70110Y0.857-0.155
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0201.472-0.452
TTM1.0201.515-0.495
YOY1.5191.503+0.016
5Y0.7011.478-0.777
10Y0.8571.478-0.621
1.3.2. Quick Ratio

Measures if Chennai Ferrous Industries Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • A Quick Ratio of 0.02 means the company can pay off ₹0.02 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 0.017. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.017. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.017TTM0.0170.000
TTM0.017YOY0.300-0.283
TTM0.0175Y0.184-0.167
5Y0.18410Y0.249-0.065
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0170.607-0.590
TTM0.0170.601-0.584
YOY0.3000.589-0.289
5Y0.1840.604-0.420
10Y0.2490.601-0.352

1.4. Solvency of Chennai Ferrous Industries Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Chennai Ferrous Industries Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Chennai Ferrous Industries Ltd to Other industry mean.
  • A Debt to Asset Ratio of 0.70 means that Chennai Ferrous Industries Ltd assets are financed with 69.6% credit (debt) and the remaining percentage (100% - 69.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 0.696. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.696. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.696TTM0.6960.000
TTM0.696YOY0.266+0.430
TTM0.6965Y1.159-0.463
5Y1.15910Y1.132+0.027
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6960.531+0.165
TTM0.6960.535+0.161
YOY0.2660.551-0.285
5Y1.1590.566+0.593
10Y1.1320.576+0.556
1.4.2. Debt to Equity Ratio

Measures if Chennai Ferrous Industries Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • A Debt to Equity ratio of 228.6% means that company has ₹2.29 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Chennai Ferrous Industries Ltd:

  • The MRQ is 2.286. The company is just not able to pay all its debts with equity.
  • The TTM is 2.286. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.286TTM2.2860.000
TTM2.286YOY0.363+1.924
TTM2.2865Y0.530+1.757
5Y0.53010Y2.033-1.503
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2861.094+1.192
TTM2.2861.095+1.191
YOY0.3631.198-0.835
5Y0.5301.327-0.797
10Y2.0331.476+0.557

2. Market Valuation of Chennai Ferrous Industries Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Chennai Ferrous Industries Ltd generates.

  • Above 15 is considered overpriced but always compare Chennai Ferrous Industries Ltd to the Other industry mean.
  • A PE ratio of 15.21 means the investor is paying ₹15.21 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Chennai Ferrous Industries Ltd:

  • The EOD is 11.541. Based on the earnings, the company is underpriced. +1
  • The MRQ is 15.212. Based on the earnings, the company is fair priced.
  • The TTM is 15.212. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD11.541MRQ15.212-3.672
MRQ15.212TTM15.2120.000
TTM15.212YOY1.405+13.807
TTM15.2125Y34.244-19.031
5Y34.24410Y16.855+17.389
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD11.54112.085-0.544
MRQ15.21210.573+4.639
TTM15.21210.623+4.589
YOY1.40511.288-9.883
5Y34.24412.205+22.039
10Y16.85512.606+4.249
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Chennai Ferrous Industries Ltd:

  • The EOD is 4.476. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.900. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.900. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD4.476MRQ5.900-1.424
MRQ5.900TTM5.9000.000
TTM5.900YOY112.251-106.352
TTM5.9005Y28.129-22.229
5Y28.12910Y13.089+15.039
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD4.4764.425+0.051
MRQ5.9004.283+1.617
TTM5.9004.211+1.689
YOY112.2512.671+109.580
5Y28.1291.729+26.400
10Y13.0893.058+10.031
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Chennai Ferrous Industries Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other industry mean).
  • A PB ratio of 1.11 means the investor is paying ₹1.11 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Chennai Ferrous Industries Ltd:

  • The EOD is 0.840. Based on the equity, the company is cheap. +2
  • The MRQ is 1.107. Based on the equity, the company is underpriced. +1
  • The TTM is 1.107. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.840MRQ1.107-0.267
MRQ1.107TTM1.1070.000
TTM1.107YOY0.847+0.260
TTM1.1075Y0.341+0.766
5Y0.34110Y0.359-0.018
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD0.8401.664-0.824
MRQ1.1071.252-0.145
TTM1.1071.304-0.197
YOY0.8471.426-0.579
5Y0.3411.426-1.085
10Y0.3591.518-1.159
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Chennai Ferrous Industries Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--13.63813.6380%139.386-90%35.198-61%12.552+9%
Book Value Per Share--125.525125.5250%111.887+12%18.377+583%3.812+3193%
Current Ratio--1.0201.0200%1.519-33%0.701+45%0.857+19%
Debt To Asset Ratio--0.6960.6960%0.266+161%1.159-40%1.132-39%
Debt To Equity Ratio--2.2862.2860%0.363+530%0.530+332%2.033+12%
Dividend Per Share----0%-0%-0%-0%
Eps--9.1379.1370%67.476-86%19.916-54%-1.086+112%
Free Cash Flow Per Share--23.56123.5610%0.845+2690%3.112+657%8.264+185%
Free Cash Flow To Equity Per Share--23.56123.5610%0.845+2690%0.179+13041%1.709+1278%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--427.419--------
Intrinsic Value_10Y_min---17.232--------
Intrinsic Value_1Y_max--15.704--------
Intrinsic Value_1Y_min--1.911--------
Intrinsic Value_3Y_max--67.858--------
Intrinsic Value_3Y_min--2.625--------
Intrinsic Value_5Y_max--144.937--------
Intrinsic Value_5Y_min---0.082--------
Market Cap380095579.500-32%501095000.000501095000.0000%355500000.000+41%178888471.000+180%108890566.950+360%
Net Profit Margin--0.0240.0240%0.273-91%0.162-85%-0.137+676%
Operating Margin----0%-0%0.104-100%-0.1870%
Operating Ratio--1.9341.9340%1.462+32%1.304+48%1.960-1%
Pb Ratio0.840-32%1.1071.1070%0.847+31%0.341+225%0.359+208%
Pe Ratio11.541-32%15.21215.2120%1.405+983%34.244-56%16.855-10%
Price Per Share105.450-32%139.000139.0000%94.800+47%48.860+184%29.825+366%
Price To Free Cash Flow Ratio4.476-32%5.9005.9000%112.251-95%28.129-79%13.089-55%
Price To Total Gains Ratio7.732-32%10.19210.1920%0.680+1399%2.749+271%1.041+879%
Quick Ratio--0.0170.0170%0.300-94%0.184-91%0.249-93%
Return On Assets--0.0220.0220%0.443-95%0.158-86%0.019+15%
Return On Equity--0.0730.0730%0.603-88%0.135-46%-0.205+381%
Total Gains Per Share--13.63813.6380%139.386-90%35.198-61%12.552+9%
Usd Book Value--5430192.0005430192.0000%5034912.000+8%834117.072+551%184497.097+2843%
Usd Book Value Change Per Share--0.1640.1640%1.673-90%0.422-61%0.151+9%
Usd Book Value Per Share--1.5061.5060%1.343+12%0.221+583%0.046+3193%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1100.1100%0.810-86%0.239-54%-0.013+112%
Usd Free Cash Flow--1019244.0001019244.0000%38004.000+2582%134908.661+656%357600.656+185%
Usd Free Cash Flow Per Share--0.2830.2830%0.010+2690%0.037+657%0.099+185%
Usd Free Cash Flow To Equity Per Share--0.2830.2830%0.010+2690%0.002+13041%0.021+1278%
Usd Market Cap4561146.954-32%6013140.0006013140.0000%4266000.000+41%2146661.652+180%1306686.803+360%
Usd Price Per Share1.265-32%1.6681.6680%1.138+47%0.586+184%0.358+366%
Usd Profit--395280.000395280.0000%3036432.000-87%885002.359-55%-35207.542+109%
Usd Revenue--16668324.00016668324.0000%11130108.000+50%7029945.166+137%4762392.882+250%
Usd Total Gains Per Share--0.1640.1640%1.673-90%0.422-61%0.151+9%
 EOD+4 -4MRQTTM+0 -0YOY+14 -185Y+17 -1610Y+28 -4

3.2. Fundamental Score

Let's check the fundamental score of Chennai Ferrous Industries Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.541
Price to Book Ratio (EOD)Between0-10.840
Net Profit Margin (MRQ)Greater than00.024
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.017
Current Ratio (MRQ)Greater than11.020
Debt to Asset Ratio (MRQ)Less than10.696
Debt to Equity Ratio (MRQ)Less than12.286
Return on Equity (MRQ)Greater than0.150.073
Return on Assets (MRQ)Greater than0.050.022
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Chennai Ferrous Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.037
Ma 20Greater thanMa 50115.153
Ma 50Greater thanMa 100122.733
Ma 100Greater thanMa 200127.802
OpenGreater thanClose109.000
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets1,487,111
Total Liabilities1,034,595
Total Stockholder Equity452,516
 As reported
Total Liabilities 1,034,595
Total Stockholder Equity+ 452,516
Total Assets = 1,487,111

Assets

Total Assets1,487,111
Total Current Assets1,029,251
Long-term Assets460,104
Total Current Assets
Cash And Cash Equivalents 10,601
Net Receivables 17,147
Inventory 778,282
Other Current Assets 46,399
Total Current Assets  (as reported)1,029,251
Total Current Assets  (calculated)852,429
+/- 176,822
Long-term Assets
Property Plant Equipment 345,200
Long-term Assets  (as reported)460,104
Long-term Assets  (calculated)345,200
+/- 114,904

Liabilities & Shareholders' Equity

Total Current Liabilities1,008,845
Long-term Liabilities25,750
Total Stockholder Equity452,516
Total Current Liabilities
Accounts payable 1,005,128
Other Current Liabilities 2,641
Total Current Liabilities  (as reported)1,008,845
Total Current Liabilities  (calculated)1,007,769
+/- 1,076
Long-term Liabilities
Long-term Liabilities  (as reported)25,750
Long-term Liabilities  (calculated)0
+/- 25,750
Total Stockholder Equity
Total Stockholder Equity (as reported)452,516
Total Stockholder Equity (calculated)0
+/- 452,516
Other
Capital Stock36,045
Common Stock Shares Outstanding 3,605
Net Invested Capital 452,516
Net Working Capital 20,406
Property Plant and Equipment Gross 524,010



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
663,455
968,806
563,457
543,777
467,442
456,569
147,370
462,638
571,735
1,487,111
1,487,111571,735462,638147,370456,569467,442543,777563,457968,806663,455
   > Total Current Assets 
408,386
739,785
348,699
341,139
231,711
103,082
10,835
337,669
191,957
1,029,251
1,029,251191,957337,66910,835103,082231,711341,139348,699739,785408,386
       Cash And Cash Equivalents 
36,224
9,198
10,221
2,021
6,693
24,221
1,689
3,469
6,367
10,601
10,6016,3673,4691,68924,2216,6932,02110,2219,19836,224
       Net Receivables 
88,644
105,912
144,942
177,593
191,730
60,180
1,382
225,469
37,898
17,147
17,14737,898225,4691,38260,180191,730177,593144,942105,91288,644
       Inventory 
258,625
532,841
152,297
140,621
25,820
15,190
0
62,993
1,970
778,282
778,2821,97062,993015,19025,820140,621152,297532,841258,625
       Other Current Assets 
24,894
91,834
41,238
20,903
7,469
3,492
7,764
42
42
46,399
46,39942427,7643,4927,46920,90341,23891,83424,894
   > Long-term Assets 
0
0
0
202,638
235,731
353,486
136,535
124,969
379,778
460,104
460,104379,778124,969136,535353,486235,731202,638000
       Property Plant Equipment 
182,181
156,312
141,910
129,178
116,652
104,278
101,125
90,599
345,364
345,200
345,200345,36490,599101,125104,278116,652129,178141,910156,312182,181
       Long Term Investments 
600
600
739
1,249
0
0
0
0
0
0
0000001,249739600600
> Total Liabilities 
446,340
910,541
694,494
700,026
649,337
732,269
297,093
561,757
152,159
1,034,595
1,034,595152,159561,757297,093732,269649,337700,026694,494910,541446,340
   > Total Current Liabilities 
159,791
808,203
574,947
580,831
584,116
385,969
271,344
510,858
126,410
1,008,845
1,008,845126,410510,858271,344385,969584,116580,831574,947808,203159,791
       Short-term Debt 
253,334
76,151
93,297
93,297
0
0
0
0
0
0
00000093,29793,29776,151253,334
       Short Long Term Debt 
253,334
76,151
93,297
93,297
0
0
0
0
0
0
00000093,29793,29776,151253,334
       Accounts payable 
155,744
807,668
574,522
579,707
583,784
325,579
219,671
468,803
112,756
1,005,128
1,005,128112,756468,803219,671325,579583,784579,707574,522807,668155,744
       Other Current Liabilities 
3,801
527
58
58
60
52,168
50,772
80
8,566
2,641
2,6418,5668050,77252,1686058585273,801
   > Long-term Liabilities 
0
0
0
119,195
65,221
346,300
25,750
50,900
25,749
25,750
25,75025,74950,90025,750346,30065,221119,195000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
0
-1
0
0-100000000
> Total Stockholder Equity
217,115
58,265
-131,037
-156,250
-181,894
-275,700
-149,723
-99,119
419,576
452,516
452,516419,576-99,119-149,723-275,700-181,894-156,250-131,03758,265217,115
   Common Stock
36,045
36,045
36,045
36,045
36,045
36,045
36,045
0
0
0
00036,04536,04536,04536,04536,04536,04536,045
   Retained Earnings 
181,070
22,220
-167,082
-192,295
-217,940
-311,745
-185,769
-309,627
-56,591
-23,651
-23,651-56,591-309,627-185,769-311,745-217,940-192,295-167,08222,220181,070
   Capital Surplus 0000000000
   Treasury Stock0000000000
   Other Stockholders Equity 0000000000



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 (+$)
totalRevenue1,389,027
Cost of Revenue-1,335,250
Gross Profit53,77753,777
 
Operating Income (+$)
Gross Profit53,777
Operating Expense-1,351,213
Operating Income37,814-1,297,436
 
Operating Expense (+$)
Research Development0
Selling General Administrative16,062
Selling And Marketing Expenses0
Operating Expense1,351,21316,062
 
Net Interest Income (+$)
Interest Income10,067
Interest Expense-207
Other Finance Cost-0
Net Interest Income9,860
 
Pretax Income (+$)
Operating Income37,814
Net Interest Income9,860
Other Non-Operating Income Expenses0
Income Before Tax (EBT)32,94037,814
EBIT - interestExpense = -207
32,940
33,147
Interest Expense207
Earnings Before Interest and Taxes (EBIT)033,147
Earnings Before Interest and Taxes (EBITDA)43,994
 
After tax Income (+$)
Income Before Tax32,940
Tax Provision-0
Net Income From Continuing Ops32,94032,940
Net Income32,940
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-9,860
 

Technical Analysis of Chennai Ferrous Industries Ltd
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Chennai Ferrous Industries Ltd. The general trend of Chennai Ferrous Industries Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Chennai Ferrous Industries Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Chennai Ferrous Industries Ltd.

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

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

The bullish price targets are: 114.30 < 114.80 < 131.40.

The bearish price targets are: 108.25 > 103.00 > 82.70.

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Chennai Ferrous Industries Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Chennai Ferrous Industries Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Chennai Ferrous Industries Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Chennai Ferrous Industries Ltd. The current macd is -4.35644941.

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

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


Score

Let's take a look at the Directional Movement Index (DMI) of Chennai Ferrous Industries Ltd. The current adx is 30.68.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Chennai Ferrous Industries Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Chennai Ferrous Industries Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Chennai Ferrous Industries Ltd. The current sar is 127.00.

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
Chennai Ferrous Industries Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Chennai Ferrous Industries Ltd. The current rsi is 30.04. 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
Chennai Ferrous Industries Ltd Daily Relative Strength Index (RSI) ChartChennai Ferrous Industries Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Chennai Ferrous Industries Ltd. The current phase is Oversold in bear 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 Chennai Ferrous Industries Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Chennai Ferrous Industries Ltd Daily Stochastic Oscillator ChartChennai Ferrous Industries Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Chennai Ferrous Industries Ltd. The current cci is -123.74337995.

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
Chennai Ferrous Industries Ltd Daily Commodity Channel Index (CCI) ChartChennai Ferrous Industries Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Chennai Ferrous Industries Ltd. The current cmo is -44.023366.

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
Chennai Ferrous Industries Ltd Daily Chande Momentum Oscillator (CMO) ChartChennai Ferrous Industries Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Chennai Ferrous Industries Ltd. The current willr is -89.79166667.

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
Chennai Ferrous Industries Ltd Daily Williams %R ChartChennai Ferrous Industries Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Chennai Ferrous Industries Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Chennai Ferrous Industries Ltd. The current atr is 7.59810237.

Chennai Ferrous Industries Ltd Daily Average True Range (ATR) ChartChennai Ferrous Industries Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Chennai Ferrous Industries Ltd. The current obv is 965,885.

Chennai Ferrous Industries Ltd Daily On-Balance Volume (OBV) ChartChennai Ferrous Industries Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Chennai Ferrous Industries Ltd. The current mfi is 36.91.

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
Chennai Ferrous Industries Ltd Daily Money Flow Index (MFI) ChartChennai Ferrous Industries Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Chennai Ferrous Industries Ltd.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22DMI 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
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13MACD 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.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-04MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Chennai Ferrous Industries Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Chennai Ferrous Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.037
Ma 20Greater thanMa 50115.153
Ma 50Greater thanMa 100122.733
Ma 100Greater thanMa 200127.802
OpenGreater thanClose109.000
Total1/5 (20.0%)
Penke

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