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Cochin Shipyard Ltd
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PenkeI guess you are interested in Cochin Shipyard 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 Cochin Shipyard 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 Cochin Shipyard Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.43
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR168.30
Expected worth in 1 year
INR173.54
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR40.74
Return On Investment
4.7%

For what price can you sell your share?

Current Price per Share
INR874.25
Expected price per share
INR335.78 - INR678.40
How sure are you?
50%

1. Valuation of Cochin Shipyard Ltd (5 min.)




Live pricePrice per Share (EOD)

INR874.25

Intrinsic Value Per Share

INR1,120.21 - INR1,343.59

Total Value Per Share

INR1,288.51 - INR1,511.89

2. Growth of Cochin Shipyard Ltd (5 min.)




Is Cochin Shipyard Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$531.3m$527.1m$4.1m0.8%

How much money is Cochin Shipyard Ltd making?

Current yearPrevious yearGrowGrow %
Making money$36.5m$67.6m-$31.1m-85.1%
Net Profit Margin12.9%18.0%--

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

3. Financial Health of Cochin Shipyard Ltd (5 min.)




4. Comparing to competitors in the Aerospace & Defense industry (5 min.)




  Industry Rankings (Aerospace & Defense)  


Richest
#78 / 199

Most Revenue
#80 / 199

Most Profit
#49 / 199

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

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

What can you expect buying and holding a share of Cochin Shipyard Ltd?

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

Speculation

The Price per Share of Cochin Shipyard Ltd is INR874.25. 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 Cochin Shipyard 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 Cochin Shipyard 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 INR168.30. Based on the TTM, the Book Value Change Per Share is INR1.31 per quarter. Based on the YOY, the Book Value Change Per Share is INR13.67 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 INR8.87 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Cochin Shipyard 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 Eps0.140.0%0.140.0%0.260.0%0.240.0%0.240.0%
Usd Book Value Change Per Share0.020.0%0.020.0%0.160.0%0.400.0%0.400.0%
Usd Dividend Per Share0.110.0%0.110.0%0.090.0%0.110.0%0.110.0%
Usd Total Gains Per Share0.120.0%0.120.0%0.260.0%0.510.1%0.510.1%
Usd Price Per Share5.71-5.71-3.53-4.33-4.33-
Price to Earnings Ratio41.08-41.08-13.71-20.74-20.74-
Price-to-Total Gains Ratio46.72-46.72-13.72-17.98-17.98-
Price to Book Ratio2.83-2.83-1.76-2.40-2.40-
Price-to-Total Gains Ratio46.72-46.72-13.72-17.98-17.98-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share10.491
Number of shares95
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.110.11
Usd Book Value Change Per Share0.020.40
Usd Total Gains Per Share0.120.51
Gains per Quarter (95 shares)11.6148.44
Gains per Year (95 shares)46.44193.75
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
14063640153184
281128281307378
312118128121460572
416224174161614766
520230220201767960
6243362662429211154
72834231228210741348
83244835832212281542
93645440436213811736
104056045040315351930

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

Fundamentals of Cochin Shipyard Ltd

About Cochin Shipyard Ltd

Cochin Shipyard Limited engages in the shipbuilding and repair of ships/offshore structures in India. It offers a range of shipbuilding services, which include aircraft carriers, missile vessels, anti-submarine warfare shallow water crafts, technology demonstration vessels, floating border outpost vessels, patrol vessels, hydrographic survey vessels, offshore patrol vessels, and pollution control vessels for defense; oil tankers, bulk carriers, dredgers, pax vessels, tugs, special purpose vessels, deck cargo/jacket launch barges, electric autonomous vessels and passenger ferries, ro-ro and ro-pax vessels, fishing vessels, marine ambulances, and operation vessels commissioning service for commercial; and platform supply vessels, anchor handling/tug supply vessels, multi-purpose vessels, and specialized construction of support vessels for offshore. The company also offers ship repair services comprising maintenance and repair of aircraft carrier and other defense vessels; tankers, bulk carriers, and range of commercial and specialized vessels; and oil rig upgradation, repair projects, and conversion services. In addition, it provides marine engineering training services. The company was founded in 1969 and is based in Ernakulam, India.

Fundamental data was last updated by Penke on 2024-03-23 08:32:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is 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 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 overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Cochin Shipyard Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Cochin Shipyard Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • A Net Profit Margin of 12.9% means that ₹0.13 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Cochin Shipyard Ltd:

  • The MRQ is 12.9%. The company is making a huge profit. +2
  • The TTM is 12.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.9%TTM12.9%0.0%
TTM12.9%YOY18.0%-5.1%
TTM12.9%5Y17.5%-4.6%
5Y17.5%10Y17.5%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ12.9%5.2%+7.7%
TTM12.9%4.3%+8.6%
YOY18.0%2.9%+15.1%
5Y17.5%2.9%+14.6%
10Y17.5%3.3%+14.2%
1.1.2. Return on Assets

Shows how efficient Cochin Shipyard Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • 3.0% Return on Assets means that Cochin Shipyard Ltd generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Cochin Shipyard Ltd:

  • The MRQ is 3.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.0%TTM3.0%0.0%
TTM3.0%YOY6.7%-3.7%
TTM3.0%5Y7.4%-4.3%
5Y7.4%10Y7.4%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0%0.9%+2.1%
TTM3.0%0.8%+2.2%
YOY6.7%0.5%+6.2%
5Y7.4%0.5%+6.9%
10Y7.4%0.7%+6.7%
1.1.3. Return on Equity

Shows how efficient Cochin Shipyard Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • 6.9% Return on Equity means Cochin Shipyard Ltd generated ₹0.07 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Cochin Shipyard Ltd:

  • The MRQ is 6.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ6.9%TTM6.9%0.0%
TTM6.9%YOY12.8%-6.0%
TTM6.9%5Y13.2%-6.3%
5Y13.2%10Y13.2%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ6.9%2.1%+4.8%
TTM6.9%1.8%+5.1%
YOY12.8%1.3%+11.5%
5Y13.2%1.2%+12.0%
10Y13.2%1.7%+11.5%

1.2. Operating Efficiency of Cochin Shipyard Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Cochin Shipyard Ltd is operating .

  • Measures how much profit Cochin Shipyard 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 Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • An Operating Margin of 11.4% means the company generated ₹0.11  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Cochin Shipyard Ltd:

  • The MRQ is 11.4%. The company is operating less efficient.
  • The TTM is 11.4%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ11.4%TTM11.4%0.0%
TTM11.4%YOY21.8%-10.3%
TTM11.4%5Y20.1%-8.6%
5Y20.1%10Y20.1%0.0%
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ11.4%7.6%+3.8%
TTM11.4%5.1%+6.3%
YOY21.8%3.9%+17.9%
5Y20.1%4.6%+15.5%
10Y20.1%3.1%+17.0%
1.2.2. Operating Ratio

Measures how efficient Cochin Shipyard Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • An Operation Ratio of 1.75 means that the operating costs are ₹1.75 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Cochin Shipyard Ltd:

  • The MRQ is 1.750. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.750. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.750TTM1.7500.000
TTM1.750YOY1.533+0.218
TTM1.7505Y1.550+0.200
5Y1.55010Y1.5500.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7501.130+0.620
TTM1.7501.132+0.618
YOY1.5331.101+0.432
5Y1.5501.178+0.372
10Y1.5501.114+0.436

1.3. Liquidity of Cochin Shipyard Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Cochin Shipyard Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A Current Ratio of 1.39 means the company has ₹1.39 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Cochin Shipyard Ltd:

  • The MRQ is 1.394. The company is just able to pay all its short-term debts.
  • The TTM is 1.394. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.394TTM1.3940.000
TTM1.394YOY1.687-0.293
TTM1.3945Y1.839-0.445
5Y1.83910Y1.8390.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3941.428-0.034
TTM1.3941.465-0.071
YOY1.6871.585+0.102
5Y1.8391.605+0.234
10Y1.8391.547+0.292
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • A Quick Ratio of 0.60 means the company can pay off ₹0.60 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Cochin Shipyard Ltd:

  • The MRQ is 0.595. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.595. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.595TTM0.5950.000
TTM0.595YOY0.228+0.367
TTM0.5955Y0.518+0.078
5Y0.51810Y0.5180.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5950.774-0.179
TTM0.5950.823-0.228
YOY0.2280.901-0.673
5Y0.5180.898-0.380
10Y0.5180.858-0.340

1.4. Solvency of Cochin Shipyard Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Cochin Shipyard Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Cochin Shipyard Ltd to Aerospace & Defense industry mean.
  • A Debt to Asset Ratio of 0.56 means that Cochin Shipyard Ltd assets are financed with 55.8% credit (debt) and the remaining percentage (100% - 55.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Cochin Shipyard Ltd:

  • The MRQ is 0.558. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.558. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.558TTM0.5580.000
TTM0.558YOY0.478+0.080
TTM0.5585Y0.457+0.102
5Y0.45710Y0.4570.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5580.608-0.050
TTM0.5580.602-0.044
YOY0.4780.588-0.110
5Y0.4570.615-0.158
10Y0.4570.617-0.160
1.4.2. Debt to Equity Ratio

Measures if Cochin Shipyard Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • A Debt to Equity ratio of 126.3% means that company has ₹1.26 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Cochin Shipyard Ltd:

  • The MRQ is 1.263. The company is able to pay all its debts with equity. +1
  • The TTM is 1.263. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.263TTM1.2630.000
TTM1.263YOY0.915+0.348
TTM1.2635Y0.868+0.396
5Y0.86810Y0.8680.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2631.399-0.136
TTM1.2631.408-0.145
YOY0.9151.298-0.383
5Y0.8681.505-0.637
10Y0.8681.646-0.778

2. Market Valuation of Cochin Shipyard 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 Cochin Shipyard Ltd generates.

  • Above 15 is considered overpriced but always compare Cochin Shipyard Ltd to the Aerospace & Defense industry mean.
  • A PE ratio of 41.08 means the investor is paying ₹41.08 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Cochin Shipyard Ltd:

  • The EOD is 75.481. Based on the earnings, the company is expensive. -2
  • The MRQ is 41.080. Based on the earnings, the company is overpriced. -1
  • The TTM is 41.080. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD75.481MRQ41.080+34.402
MRQ41.080TTM41.0800.000
TTM41.080YOY13.712+27.367
TTM41.0805Y20.738+20.342
5Y20.73810Y20.7380.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD75.48119.376+56.105
MRQ41.08017.204+23.876
TTM41.08015.706+25.374
YOY13.71216.983-3.271
5Y20.73816.659+4.079
10Y20.73819.650+1.088
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Cochin Shipyard Ltd:

  • The EOD is 14.890. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 8.104. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.104. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD14.890MRQ8.104+6.786
MRQ8.104TTM8.1040.000
TTM8.104YOY6.818+1.285
TTM8.1045Y-0.077+8.180
5Y-0.07710Y-0.0770.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD14.8903.590+11.300
MRQ8.1043.330+4.774
TTM8.1040.617+7.487
YOY6.818-0.314+7.132
5Y-0.077-0.811+0.734
10Y-0.077-0.017-0.060
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Aerospace & Defense industry mean).
  • A PB ratio of 2.83 means the investor is paying ₹2.83 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Cochin Shipyard Ltd:

  • The EOD is 5.195. Based on the equity, the company is overpriced. -1
  • The MRQ is 2.827. Based on the equity, the company is underpriced. +1
  • The TTM is 2.827. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD5.195MRQ2.827+2.368
MRQ2.827TTM2.8270.000
TTM2.827YOY1.760+1.067
TTM2.8275Y2.402+0.425
5Y2.40210Y2.4020.000
Compared to industry (Aerospace & Defense)
PeriodCompanyIndustry (mean)+/- 
EOD5.1952.493+2.702
MRQ2.8272.362+0.465
TTM2.8272.426+0.401
YOY1.7602.161-0.401
5Y2.4022.614-0.212
10Y2.4022.866-0.464
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Cochin Shipyard 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--1.3101.3100%13.674-90%33.660-96%33.660-96%
Book Value Per Share--168.300168.3000%166.990+1%151.368+11%151.368+11%
Current Ratio--1.3941.3940%1.687-17%1.839-24%1.839-24%
Debt To Asset Ratio--0.5580.5580%0.478+17%0.457+22%0.457+22%
Debt To Equity Ratio--1.2631.2630%0.915+38%0.868+46%0.868+46%
Dividend Per Share--8.8758.8750%7.750+15%8.828+1%8.828+1%
Eps--11.58211.5820%21.437-46%19.671-41%19.671-41%
Free Cash Flow Per Share--58.71558.7150%43.112+36%15.649+275%15.649+275%
Free Cash Flow To Equity Per Share--58.71558.7150%34.030+73%5.294+1009%5.294+1009%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--1343.591--------
Intrinsic Value_10Y_min--1120.212--------
Intrinsic Value_1Y_max--59.360--------
Intrinsic Value_1Y_min--57.680--------
Intrinsic Value_3Y_max--235.724--------
Intrinsic Value_3Y_min--221.600--------
Intrinsic Value_5Y_max--481.254--------
Intrinsic Value_5Y_min--437.190--------
Market Cap229998557256.000+46%125173935993.600125173935993.6000%77332657598.400+62%94880159764.800+32%94880159764.800+32%
Net Profit Margin--0.1290.1290%0.180-29%0.175-26%0.175-26%
Operating Margin--0.1140.1140%0.218-47%0.201-43%0.201-43%
Operating Ratio--1.7501.7500%1.533+14%1.550+13%1.550+13%
Pb Ratio5.195+46%2.8272.8270%1.760+61%2.402+18%2.402+18%
Pe Ratio75.481+46%41.08041.0800%13.712+200%20.738+98%20.738+98%
Price Per Share874.250+46%475.800475.8000%293.950+62%360.650+32%360.650+32%
Price To Free Cash Flow Ratio14.890+46%8.1048.1040%6.818+19%-0.077+101%-0.077+101%
Price To Total Gains Ratio85.837+46%46.71646.7160%13.721+240%17.980+160%17.980+160%
Quick Ratio--0.5950.5950%0.228+161%0.518+15%0.518+15%
Return On Assets--0.0300.0300%0.067-55%0.074-59%0.074-59%
Return On Equity--0.0690.0690%0.128-46%0.132-48%0.132-48%
Total Gains Per Share--10.18510.1850%21.424-52%42.488-76%42.488-76%
Usd Book Value--531317568.000531317568.0000%527181816.000+1%477865934.400+11%477865934.400+11%
Usd Book Value Change Per Share--0.0160.0160%0.164-90%0.404-96%0.404-96%
Usd Book Value Per Share--2.0202.0200%2.004+1%1.816+11%1.816+11%
Usd Dividend Per Share--0.1060.1060%0.093+15%0.106+1%0.106+1%
Usd Eps--0.1390.1390%0.257-46%0.236-41%0.236-41%
Usd Free Cash Flow--185362068.000185362068.0000%136102644.000+36%49402680.000+275%49402680.000+275%
Usd Free Cash Flow Per Share--0.7050.7050%0.517+36%0.188+275%0.188+275%
Usd Free Cash Flow To Equity Per Share--0.7050.7050%0.408+73%0.064+1009%0.064+1009%
Usd Market Cap2759982687.072+46%1502087231.9231502087231.9230%927991891.181+62%1138561917.178+32%1138561917.178+32%
Usd Price Per Share10.491+46%5.7105.7100%3.527+62%4.328+32%4.328+32%
Usd Profit--36565092.00036565092.0000%67675368.000-46%62099491.200-41%62099491.200-41%
Usd Revenue--283746576.000283746576.0000%375281676.000-24%351319087.200-19%351319087.200-19%
Usd Total Gains Per Share--0.1220.1220%0.257-52%0.510-76%0.510-76%
 EOD+4 -4MRQTTM+0 -0YOY+15 -205Y+15 -2010Y+15 -20

3.2. Fundamental Score

Let's check the fundamental score of Cochin Shipyard Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1575.481
Price to Book Ratio (EOD)Between0-15.195
Net Profit Margin (MRQ)Greater than00.129
Operating Margin (MRQ)Greater than00.114
Quick Ratio (MRQ)Greater than10.595
Current Ratio (MRQ)Greater than11.394
Debt to Asset Ratio (MRQ)Less than10.558
Debt to Equity Ratio (MRQ)Less than11.263
Return on Equity (MRQ)Greater than0.150.069
Return on Assets (MRQ)Greater than0.050.030
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Cochin Shipyard Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.475
Ma 20Greater thanMa 50861.548
Ma 50Greater thanMa 100862.260
Ma 100Greater thanMa 2001,015.221
OpenGreater thanClose898.450
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Net Interest Income  1,697,199-546,3691,150,830-698,781452,049-261,426190,623-540,882-350,259



Latest Balance Sheet

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

Summary
Total Assets100,209,162
Total Liabilities55,932,698
Total Stockholder Equity44,276,464
 As reported
Total Liabilities 55,932,698
Total Stockholder Equity+ 44,276,464
Total Assets = 100,209,162

Assets

Total Assets100,209,162
Total Current Assets71,366,295
Long-term Assets28,842,867
Total Current Assets
Cash And Cash Equivalents 20,811,555
Short-term Investments 27,110,729
Net Receivables 3,384,150
Other Current Assets 23,050,999
Total Current Assets  (as reported)71,366,295
Total Current Assets  (calculated)74,357,433
+/- 2,991,138
Long-term Assets
Property Plant Equipment 25,457,955
Intangible Assets 256,842
Long-term Assets Other 1,718,446
Long-term Assets  (as reported)28,842,867
Long-term Assets  (calculated)27,433,243
+/- 1,409,624

Liabilities & Shareholders' Equity

Total Current Liabilities51,210,352
Long-term Liabilities4,722,346
Total Stockholder Equity44,276,464
Total Current Liabilities
Short Long Term Debt 1,098,478
Accounts payable 3,922,105
Other Current Liabilities 42,026,320
Total Current Liabilities  (as reported)51,210,352
Total Current Liabilities  (calculated)47,046,903
+/- 4,163,449
Long-term Liabilities
Long term Debt 230,220
Capital Lease Obligations Min Short Term Debt4,044,648
Long-term Liabilities Other 24,898
Long-term Liabilities  (as reported)4,722,346
Long-term Liabilities  (calculated)4,299,766
+/- 422,580
Total Stockholder Equity
Retained Earnings 31,899,059
Other Stockholders Equity 1,746,805
Total Stockholder Equity (as reported)44,276,464
Total Stockholder Equity (calculated)33,645,864
+/- 10,630,600
Other
Capital Stock1,315,404
Common Stock Shares Outstanding 131,540
Net Invested Capital 45,605,162
Net Working Capital 20,155,943
Property Plant and Equipment Gross 25,457,955



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
52,460,967
64,067,253
75,191,964
84,137,253
100,209,162
100,209,16284,137,25375,191,96464,067,25352,460,96700
   > Total Current Assets 
28,054,300
48,419,397
41,178,574
44,290,989
50,558,311
58,409,485
71,366,295
71,366,29558,409,48550,558,31144,290,98941,178,57448,419,39728,054,300
       Cash And Cash Equivalents 
0
0
4,993,677
3,362,094
7,287,014
14,150,580
20,811,555
20,811,55514,150,5807,287,0143,362,0944,993,67700
       Short-term Investments 
0
0
13,145,679
5,718,019
70,075
3,536,585
27,110,729
27,110,7293,536,58570,0755,718,01913,145,67900
       Net Receivables 
3,501,510
7,316,757
8,775,725
2,882,321
3,533,695
4,370,207
3,384,150
3,384,1504,370,2073,533,6952,882,3218,775,7257,316,7573,501,510
       Inventory 
1,864,700
3,145,567
2,833,671
3,134,131
4,341,032
2,983,603
3,729,971
3,729,9712,983,6034,341,0323,134,1312,833,6713,145,5671,864,700
       Other Current Assets 
829,030
738,732
1,817,371
8,438,130
17,069,899
20,689,622
23,050,999
23,050,99920,689,62217,069,8998,438,1301,817,371738,732829,030
   > Long-term Assets 
0
0
11,282,393
19,776,264
24,633,653
25,939,055
28,842,867
28,842,86725,939,05524,633,65319,776,26411,282,39300
       Property Plant Equipment 
3,567,760
4,052,092
6,556,065
14,997,309
19,798,302
21,698,224
25,457,955
25,457,95521,698,22419,798,30214,997,3096,556,0654,052,0923,567,760
       Intangible Assets 
0
0
627,938
631,391
631,769
642,107
256,842
256,842642,107631,769631,391627,93800
       Long-term Assets Other 
0
0
0
0
2,143,619
1,783,674
1,718,446
1,718,4461,783,6742,143,6190000
> Total Liabilities 
0
0
19,121,790
26,838,418
34,857,452
40,205,435
55,932,698
55,932,69840,205,43534,857,45226,838,41819,121,79000
   > Total Current Liabilities 
11,383,910
20,739,774
17,621,538
21,561,362
29,374,214
34,627,017
51,210,352
51,210,35234,627,01729,374,21421,561,36217,621,53820,739,77411,383,910
       Short Long Term Debt 
0
0
28,198
0
0
0
1,098,478
1,098,47800028,19800
       Accounts payable 
1,613,160
2,721,410
3,465,911
4,187,179
4,354,342
3,761,316
3,922,105
3,922,1053,761,3164,354,3424,187,1793,465,9112,721,4101,613,160
       Other Current Liabilities 
9,055,970
15,053,872
10,243,134
13,518,590
20,234,690
25,930,218
42,026,320
42,026,32025,930,21820,234,69013,518,59010,243,13415,053,8729,055,970
   > Long-term Liabilities 
0
0
1,500,252
5,277,056
5,483,238
5,550,220
4,722,346
4,722,3465,550,2205,483,2385,277,0561,500,25200
       Capital Lease Obligations Min Short Term Debt
0
0
0
4,015,941
4,166,414
4,279,657
4,044,648
4,044,6484,279,6574,166,4144,015,941000
       Long-term Liabilities Other 
0
0
0
0
1,030
916
24,898
24,8989161,0300000
> Total Stockholder Equity
0
0
33,286,404
37,228,835
40,334,512
43,931,818
44,276,464
44,276,46443,931,81840,334,51237,228,83533,286,40400
   Common Stock
1,132,800
1,359,360
1,315,404
1,315,404
1,315,404
1,315,404
0
01,315,4041,315,4041,315,4041,315,4041,359,3601,132,800
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
1,312,530
1,341,370
1,414,159
1,428,576
2,099,995
2,104,742
1,746,805
1,746,8052,104,7422,099,9951,428,5761,414,1591,341,3701,312,530



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 (+$)
totalRevenue23,645,548
Cost of Revenue-19,584,476
Gross Profit4,061,0724,061,072
 
Operating Income (+$)
Gross Profit4,061,072
Operating Expense-21,799,179
Operating Income1,846,369-17,738,107
 
Operating Expense (+$)
Research Development86,416
Selling General Administrative132,082
Selling And Marketing Expenses0
Operating Expense21,799,179218,498
 
Net Interest Income (+$)
Interest Income1,236,583
Interest Expense-350,259
Other Finance Cost-1,236,583
Net Interest Income-350,259
 
Pretax Income (+$)
Operating Income1,846,369
Net Interest Income-350,259
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,184,3701,846,369
EBIT - interestExpense = 2,356,921
3,047,091
3,397,350
Interest Expense350,259
Earnings Before Interest and Taxes (EBIT)2,707,1804,534,629
Earnings Before Interest and Taxes (EBITDA)5,278,119
 
After tax Income (+$)
Income Before Tax4,184,370
Tax Provision-1,137,279
Net Income From Continuing Ops3,047,0913,047,091
Net Income3,047,091
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,253,261
Total Other Income/Expenses Net0350,259
 

Technical Analysis of Cochin Shipyard 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 Cochin Shipyard Ltd. The general trend of Cochin Shipyard Ltd is BEARISH with 14.3% 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 Cochin Shipyard 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 (-14.3%) Bearish trend (14.3%)
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 Cochin Shipyard Ltd.

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

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

The bullish price targets are: 609.55 < 676.96 < 678.40.

The bearish price targets are: 799.22 > 712.90 > 335.78.

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Cochin Shipyard 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 Cochin Shipyard Ltd. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is 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 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

Cochin Shipyard 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 Cochin Shipyard Ltd. The current macd is 1.47236293.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Cochin Shipyard Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Cochin Shipyard Ltd. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Cochin Shipyard Ltd price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Cochin Shipyard Ltd Daily Moving Average Convergence/Divergence (MACD) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current adx is 15.82.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 Cochin Shipyard Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Cochin Shipyard 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 Cochin Shipyard Ltd. The current sar is 775.25.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Cochin Shipyard 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 Cochin Shipyard Ltd. The current rsi is 50.47. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending down: The RSI is trending down. -1
Cochin Shipyard Ltd Daily Relative Strength Index (RSI) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Cochin Shipyard Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Cochin Shipyard Ltd Daily Stochastic Oscillator ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current cci is 41.90.

Cochin Shipyard Ltd Daily Commodity Channel Index (CCI) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current cmo is 3.22762164.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Cochin Shipyard Ltd Daily Chande Momentum Oscillator (CMO) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current willr is -25.67941041.

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

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

Cochin Shipyard 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 Cochin Shipyard Ltd. The current atr is 45.86.

Cochin Shipyard Ltd Daily Average True Range (ATR) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current obv is 31,994,726.

Cochin Shipyard Ltd Daily On-Balance Volume (OBV) ChartCochin Shipyard 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 Cochin Shipyard Ltd. The current mfi is 60.83.

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

  • MFI > 50: +1
Cochin Shipyard Ltd Daily Money Flow Index (MFI) ChartCochin Shipyard Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Cochin Shipyard 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
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-06DMI 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
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
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26MACD 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
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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15MACD 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Cochin Shipyard Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Cochin Shipyard Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.475
Ma 20Greater thanMa 50861.548
Ma 50Greater thanMa 100862.260
Ma 100Greater thanMa 2001,015.221
OpenGreater thanClose898.450
Total3/5 (60.0%)
Penke

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