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Delta Manufacturing Limited
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Let's analyse Delta Manufacturing Limited together

PenkeI guess you are interested in Delta Manufacturing Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Delta Manufacturing Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Delta Manufacturing Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
70.0%

What is your share worth?

Current worth
INR34.59
Expected worth in 1 year
INR-30.58
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
INR-65.17
Return On Investment
-70.0%

For what price can you sell your share?

Current Price per Share
INR93.05
Expected price per share
INR82.05 - INR132.75
How sure are you?
50%

1. Valuation of Delta Manufacturing Limited (5 min.)




Live pricePrice per Share (EOD)

INR93.05

Intrinsic Value Per Share

INR-49.93 - INR-42.05

Total Value Per Share

INR-15.34 - INR-7.46

2. Growth of Delta Manufacturing Limited (5 min.)




Is Delta Manufacturing Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$4.5m$6.6m-$2.1m-47.1%

How much money is Delta Manufacturing Limited making?

Current yearPrevious yearGrowGrow %
Making money-$943.3k$2.3m-$3.2m-345.2%
Net Profit Margin-9.9%21.9%--

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

3. Financial Health of Delta Manufacturing Limited (5 min.)




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




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#700 / 738

Most Revenue
#652 / 738

Most Profit
#611 / 738

Most Efficient
#638 / 738

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

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

What can you expect buying and holding a share of Delta Manufacturing Limited?

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

Speculation

The Price per Share of Delta Manufacturing Limited is INR93.05. 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 Delta Manufacturing Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR34.59. Based on the TTM, the Book Value Change Per Share is INR-16.29 per quarter. Based on the YOY, the Book Value Change Per Share is INR16.98 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 Delta Manufacturing Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.19-0.2%-0.19-0.2%0.210.2%-0.040.0%-0.030.0%
Usd Book Value Change Per Share-0.20-0.2%-0.20-0.2%0.200.2%0.030.0%0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.20-0.2%-0.20-0.2%0.200.2%0.030.0%0.010.0%
Usd Price Per Share0.82-0.82-0.82-0.64-0.55-
Price to Earnings Ratio-4.45--4.45-3.83--6.37--2.14-
Price-to-Total Gains Ratio-4.21--4.21-4.01--4.47-4.61-
Price to Book Ratio1.98-1.98-1.34-1.76-1.63-
Price-to-Total Gains Ratio-4.21--4.21-4.01--4.47-4.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.1166
Number of shares895
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.200.03
Usd Total Gains Per Share-0.200.03
Gains per Quarter (895 shares)-174.9925.12
Gains per Year (895 shares)-699.96100.50
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-700-710010090
20-1400-14100201190
30-2100-21100301290
40-2800-28100402390
50-3500-35100502490
60-4200-42100603590
70-4900-49100703690
80-5600-56100804790
90-6300-63100904890
100-7000-701001005990

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 Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.07.00.030.0%7.09.00.043.8%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%11.05.00.068.8%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%7.00.03.070.0%7.00.09.043.8%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%5.05.00.050.0%11.05.00.068.8%

Fundamentals of Delta Manufacturing Limited

About Delta Manufacturing Limited

Delta Manufacturing Limited manufactures and sells hard ferrite magnets in India and internationally. It operates through Hard Ferrites, Soft Ferrites, and Textiles segments. The company offers sector magnets for use in automotive magnetos and alternators; motor magnets for starter motors of automotive and motorcycles; ferrofluid-liquid magnets for applications in loudspeakers, electronic devices, mechanical engineering, aerospace, analytical instrumentation, biomedical, heat transfer-cooling, and display and education kits; and ring magnets for loudspeakers/lifting devices, etc. It provides isotropic magnets for toys games and micro motors; low energy embedding powder magnets for use in bonded applications; and rare earth magnets that are used in electric vehicle drive motors, solar pumps, and drone motors. In addition, the company manufactures soft ferrites; and textile woven labels, fabric printed labels, heat transfers, and elastic/non-elastic tapes. The company was formerly known as Delta Magnets Limited and changed its name to Delta Manufacturing Limited in October 2008. Delta Manufacturing Limited was incorporated in 1982 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 09:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not 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 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 expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Delta Manufacturing Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Delta Manufacturing Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of -9.9% means that ₹-0.10 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Delta Manufacturing Limited:

  • The MRQ is -9.9%. The company is making a loss. -1
  • The TTM is -9.9%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-9.9%TTM-9.9%0.0%
TTM-9.9%YOY21.9%-31.8%
TTM-9.9%5Y-2.0%-7.9%
5Y-2.0%10Y-2.6%+0.6%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.9%5.5%-15.4%
TTM-9.9%5.2%-15.1%
YOY21.9%5.1%+16.8%
5Y-2.0%4.5%-6.5%
10Y-2.6%4.7%-7.3%
1.1.2. Return on Assets

Shows how efficient Delta Manufacturing Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • -7.5% Return on Assets means that Delta Manufacturing Limited generated ₹-0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Delta Manufacturing Limited:

  • The MRQ is -7.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.5%TTM-7.5%0.0%
TTM-7.5%YOY14.9%-22.3%
TTM-7.5%5Y-2.2%-5.3%
5Y-2.2%10Y-2.2%0.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%1.1%-8.6%
TTM-7.5%1.0%-8.5%
YOY14.9%1.1%+13.8%
5Y-2.2%1.0%-3.2%
10Y-2.2%1.1%-3.3%
1.1.3. Return on Equity

Shows how efficient Delta Manufacturing Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • -20.9% Return on Equity means Delta Manufacturing Limited generated ₹-0.21 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Delta Manufacturing Limited:

  • The MRQ is -20.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -20.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-20.9%TTM-20.9%0.0%
TTM-20.9%YOY34.9%-55.8%
TTM-20.9%5Y-10.9%-10.1%
5Y-10.9%10Y-9.6%-1.3%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-20.9%2.3%-23.2%
TTM-20.9%2.1%-23.0%
YOY34.9%2.2%+32.7%
5Y-10.9%2.0%-12.9%
10Y-9.6%2.2%-11.8%

1.2. Operating Efficiency of Delta Manufacturing Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Delta Manufacturing Limited is operating .

  • Measures how much profit Delta Manufacturing Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of -11.3% means the company generated ₹-0.11  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Delta Manufacturing Limited:

  • The MRQ is -11.3%. The company is operating very inefficient. -2
  • The TTM is -11.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-11.3%TTM-11.3%0.0%
TTM-11.3%YOY-8.7%-2.5%
TTM-11.3%5Y-5.6%-5.6%
5Y-5.6%10Y-2.4%-3.3%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.3%7.9%-19.2%
TTM-11.3%4.7%-16.0%
YOY-8.7%6.2%-14.9%
5Y-5.6%6.2%-11.8%
10Y-2.4%5.0%-7.4%
1.2.2. Operating Ratio

Measures how efficient Delta Manufacturing Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 1.13 means that the operating costs are ₹1.13 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Delta Manufacturing Limited:

  • The MRQ is 1.134. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.134. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.134TTM1.1340.000
TTM1.134YOY1.085+0.049
TTM1.1345Y1.058+0.075
5Y1.05810Y1.020+0.039
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1341.536-0.402
TTM1.1341.554-0.420
YOY1.0851.550-0.465
5Y1.0581.525-0.467
10Y1.0201.248-0.228

1.3. Liquidity of Delta Manufacturing Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Delta Manufacturing Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 0.87 means the company has ₹0.87 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Delta Manufacturing Limited:

  • The MRQ is 0.873. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.873. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.873TTM0.8730.000
TTM0.873YOY1.085-0.211
TTM0.8735Y0.883-0.009
5Y0.88310Y1.106-0.224
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8731.679-0.806
TTM0.8731.688-0.815
YOY1.0851.649-0.564
5Y0.8831.740-0.857
10Y1.1061.534-0.428
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery 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 Delta Manufacturing Limited:

  • The MRQ is 0.602. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.602. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.602TTM0.6020.000
TTM0.602YOY0.790-0.188
TTM0.6025Y0.581+0.021
5Y0.58110Y0.667-0.086
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6020.724-0.122
TTM0.6020.749-0.147
YOY0.7900.814-0.024
5Y0.5810.858-0.277
10Y0.6670.860-0.193

1.4. Solvency of Delta Manufacturing Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Delta Manufacturing Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Delta Manufacturing Limited to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.64 means that Delta Manufacturing Limited assets are financed with 64.4% credit (debt) and the remaining percentage (100% - 64.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Delta Manufacturing Limited:

  • The MRQ is 0.644. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.644. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.644TTM0.6440.000
TTM0.644YOY0.574+0.069
TTM0.6445Y0.686-0.043
5Y0.68610Y0.655+0.032
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6440.499+0.145
TTM0.6440.503+0.141
YOY0.5740.504+0.070
5Y0.6860.497+0.189
10Y0.6550.491+0.164
1.4.2. Debt to Equity Ratio

Measures if Delta Manufacturing Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 180.6% means that company has ₹1.81 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Delta Manufacturing Limited:

  • The MRQ is 1.806. The company is just able to pay all its debts with equity.
  • The TTM is 1.806. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.806TTM1.8060.000
TTM1.806YOY1.349+0.457
TTM1.8065Y2.391-0.585
5Y2.39110Y2.115+0.276
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8060.997+0.809
TTM1.8061.016+0.790
YOY1.3491.016+0.333
5Y2.3911.052+1.339
10Y2.1151.033+1.082

2. Market Valuation of Delta Manufacturing Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Delta Manufacturing Limited generates.

  • Above 15 is considered overpriced but always compare Delta Manufacturing Limited to the Specialty Industrial Machinery industry mean.
  • A PE ratio of -4.45 means the investor is paying ₹-4.45 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Delta Manufacturing Limited:

  • The EOD is -6.032. Based on the earnings, the company is expensive. -2
  • The MRQ is -4.447. Based on the earnings, the company is expensive. -2
  • The TTM is -4.447. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.032MRQ-4.447-1.585
MRQ-4.447TTM-4.4470.000
TTM-4.447YOY3.834-8.281
TTM-4.4475Y-6.371+1.923
5Y-6.37110Y-2.144-4.227
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-6.03219.375-25.407
MRQ-4.44718.592-23.039
TTM-4.44719.380-23.827
YOY3.83418.029-14.195
5Y-6.37121.975-28.346
10Y-2.14428.443-30.587
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -21.052. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -15.520. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -15.520. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-21.052MRQ-15.520-5.532
MRQ-15.520TTM-15.5200.000
TTM-15.520YOY-5.790-9.730
TTM-15.5205Y-3.690-11.830
5Y-3.69010Y-19.045+15.355
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-21.0525.634-26.686
MRQ-15.5205.073-20.593
TTM-15.5202.621-18.141
YOY-5.790-0.130-5.660
5Y-3.6900.550-4.240
10Y-19.0451.971-21.016
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 1.98 means the investor is paying ₹1.98 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Delta Manufacturing Limited:

  • The EOD is 2.690. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.983. Based on the equity, the company is underpriced. +1
  • The TTM is 1.983. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.690MRQ1.983+0.707
MRQ1.983TTM1.9830.000
TTM1.983YOY1.338+0.645
TTM1.9835Y1.765+0.218
5Y1.76510Y1.631+0.133
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD2.6902.090+0.600
MRQ1.9832.124-0.141
TTM1.9832.181-0.198
YOY1.3382.351-1.013
5Y1.7652.377-0.612
10Y1.6312.932-1.301
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Delta Manufacturing Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---16.293-16.2930%16.983-196%2.338-797%0.762-2237%
Book Value Per Share--34.59434.5940%50.887-32%35.511-3%30.732+13%
Current Ratio--0.8730.8730%1.085-19%0.883-1%1.106-21%
Debt To Asset Ratio--0.6440.6440%0.574+12%0.686-6%0.655-2%
Debt To Equity Ratio--1.8061.8060%1.349+34%2.391-24%2.115-15%
Dividend Per Share--0.0000.0000%0.000+20%0.001-91%0.011-99%
Eps---15.425-15.4250%17.762-187%-3.653-76%-2.830-82%
Free Cash Flow Per Share---4.420-4.4200%-11.762+166%-4.981+13%-4.558+3%
Free Cash Flow To Equity Per Share---13.262-13.2620%-35.358+167%-11.013-17%-5.357-60%
Gross Profit Margin--1.1171.1170%0.958+17%1.092+2%1.089+3%
Intrinsic Value_10Y_max---42.053--------
Intrinsic Value_10Y_min---49.933--------
Intrinsic Value_1Y_max---4.494--------
Intrinsic Value_1Y_min---5.038--------
Intrinsic Value_3Y_max---13.288--------
Intrinsic Value_3Y_min---15.197--------
Intrinsic Value_5Y_max---21.826--------
Intrinsic Value_5Y_min---25.343--------
Market Cap1009694855.000+26%744386832.000744386832.0000%738961272.000+1%582053784.800+28%494050973.400+51%
Net Profit Margin---0.099-0.0990%0.219-145%-0.020-80%-0.026-74%
Operating Margin---0.113-0.1130%-0.087-22%-0.056-50%-0.024-79%
Operating Ratio--1.1341.1340%1.085+5%1.058+7%1.020+11%
Pb Ratio2.690+26%1.9831.9830%1.338+48%1.765+12%1.631+22%
Pe Ratio-6.032-36%-4.447-4.4470%3.834-216%-6.371+43%-2.144-52%
Price Per Share93.050+26%68.60068.6000%68.100+1%53.640+28%45.530+51%
Price To Free Cash Flow Ratio-21.052-36%-15.520-15.5200%-5.790-63%-3.690-76%-19.045+23%
Price To Total Gains Ratio-5.711-36%-4.210-4.2100%4.010-205%-4.468+6%4.611-191%
Quick Ratio--0.6020.6020%0.790-24%0.581+4%0.667-10%
Return On Assets---0.075-0.0750%0.149-150%-0.022-71%-0.022-71%
Return On Equity---0.209-0.2090%0.349-160%-0.109-48%-0.096-54%
Total Gains Per Share---16.293-16.2930%16.983-196%2.339-796%0.774-2206%
Usd Book Value--4504548.0004504548.0000%6626154.960-32%4623972.984-3%4001693.220+13%
Usd Book Value Change Per Share---0.196-0.1960%0.204-196%0.028-797%0.009-2237%
Usd Book Value Per Share--0.4150.4150%0.611-32%0.426-3%0.369+13%
Usd Dividend Per Share--0.0000.0000%0.000+20%0.000-91%0.000-99%
Usd Eps---0.185-0.1850%0.213-187%-0.044-76%-0.034-82%
Usd Free Cash Flow---575556.000-575556.0000%-1531581.240+166%-648594.720+13%-593461.596+3%
Usd Free Cash Flow Per Share---0.053-0.0530%-0.141+166%-0.060+13%-0.055+3%
Usd Free Cash Flow To Equity Per Share---0.159-0.1590%-0.424+167%-0.132-17%-0.064-60%
Usd Market Cap12116338.260+26%8932641.9848932641.9840%8867535.264+1%6984645.418+28%5928611.681+51%
Usd Price Per Share1.117+26%0.8230.8230%0.817+1%0.644+28%0.546+51%
Usd Profit---943380.000-943380.0000%2312832.720-141%-286773.984-70%-263652.288-72%
Usd Revenue--9556128.0009556128.0000%10556164.800-9%11379353.736-16%9224114.436+4%
Usd Total Gains Per Share---0.196-0.1960%0.204-196%0.028-796%0.009-2206%
 EOD+5 -3MRQTTM+0 -0YOY+13 -235Y+12 -2410Y+14 -22

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.032
Price to Book Ratio (EOD)Between0-12.690
Net Profit Margin (MRQ)Greater than0-0.099
Operating Margin (MRQ)Greater than0-0.113
Quick Ratio (MRQ)Greater than10.602
Current Ratio (MRQ)Greater than10.873
Debt to Asset Ratio (MRQ)Less than10.644
Debt to Equity Ratio (MRQ)Less than11.806
Return on Equity (MRQ)Greater than0.15-0.209
Return on Assets (MRQ)Greater than0.05-0.075
Total1/10 (10.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.100
Ma 20Greater thanMa 5098.880
Ma 50Greater thanMa 10097.621
Ma 100Greater thanMa 20095.174
OpenGreater thanClose93.150
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets1,053,377
Total Liabilities677,998
Total Stockholder Equity375,379
 As reported
Total Liabilities 677,998
Total Stockholder Equity+ 375,379
Total Assets = 1,053,377

Assets

Total Assets1,053,377
Total Current Assets500,572
Long-term Assets552,805
Total Current Assets
Cash And Cash Equivalents 5,261
Short-term Investments 65,715
Net Receivables 208,118
Inventory 180,378
Other Current Assets 41,100
Total Current Assets  (as reported)500,572
Total Current Assets  (calculated)500,572
+/-0
Long-term Assets
Property Plant Equipment 498,183
Intangible Assets 165
Other Assets 1,996
Long-term Assets  (as reported)552,805
Long-term Assets  (calculated)500,344
+/- 52,461

Liabilities & Shareholders' Equity

Total Current Liabilities573,147
Long-term Liabilities104,851
Total Stockholder Equity375,379
Total Current Liabilities
Short-term Debt 344,035
Short Long Term Debt 343,844
Accounts payable 133,875
Other Current Liabilities 11,364
Total Current Liabilities  (as reported)573,147
Total Current Liabilities  (calculated)833,118
+/- 259,971
Long-term Liabilities
Long term Debt Total 57,838
Other Liabilities 47,013
Long-term Liabilities  (as reported)104,851
Long-term Liabilities  (calculated)104,851
+/- 0
Total Stockholder Equity
Common Stock108,511
Retained Earnings -123,582
Accumulated Other Comprehensive Income 283,323
Other Stockholders Equity 107,127
Total Stockholder Equity (as reported)375,379
Total Stockholder Equity (calculated)375,379
+/-0
Other
Capital Stock108,511
Cash And Equivalents5,261
Cash and Short Term Investments 70,976
Common Stock Shares Outstanding 10,851
Current Deferred Revenue83,873
Liabilities and Stockholders Equity 1,053,377
Net Debt 396,612
Net Invested Capital 775,903
Net Tangible Assets 375,214
Net Working Capital -72,575
Property Plant and Equipment Gross 498,183
Short Long Term Debt Total 401,873



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
106,915
229,410
230,634
488,658
502,169
523,082
577,675
762,498
785,347
828,331
923,390
995,077
1,369,860
1,365,566
1,296,940
1,053,377
1,053,3771,296,9401,365,5661,369,860995,077923,390828,331785,347762,498577,675523,082502,169488,658230,634229,410106,915
   > Total Current Assets 
61,926
53,814
57,273
203,659
189,158
213,737
268,549
303,227
335,047
375,952
452,646
477,979
709,637
717,767
708,506
500,572
500,572708,506717,767709,637477,979452,646375,952335,047303,227268,549213,737189,158203,65957,27353,81461,926
       Cash And Cash Equivalents 
4,527
3,215
3,167
39,730
19,523
22,002
29,173
50,552
53,283
34,788
34,375
31,257
25,466
34,566
175,217
5,261
5,261175,21734,56625,46631,25734,37534,78853,28350,55229,17322,00219,52339,7303,1673,2154,527
       Short-term Investments 
0
0
0
0
0
4,211
825
0
0
1,790
4,023
5,527
30,110
11,420
32,512
65,715
65,71532,51211,42030,1105,5274,0231,790008254,21100000
       Net Receivables 
0
0
0
0
0
0
123,294
122,193
152,208
159,588
197,007
266,932
336,940
380,427
275,759
208,118
208,118275,759380,427336,940266,932197,007159,588152,208122,193123,294000000
       Inventory 
9,870
12,707
13,660
59,400
75,965
83,569
91,575
96,420
102,460
125,201
123,123
133,934
223,749
234,527
174,998
180,378
180,378174,998234,527223,749133,934123,123125,201102,46096,42091,57583,56975,96559,40013,66012,7079,870
       Other Current Assets 
47,529
37,892
40,446
104,528
93,670
103,955
146,977
156,255
179,304
215,964
291,126
40,330
430,312
56,827
50,020
41,100
41,10050,02056,827430,31240,330291,126215,964179,304156,255146,977103,95593,670104,52840,44637,89247,529
   > Long-term Assets 
44,989
175,595
173,361
284,999
313,012
309,345
309,126
459,271
450,300
452,378
470,744
517,098
660,223
647,799
588,435
552,805
552,805588,435647,799660,223517,098470,744452,378450,300459,271309,126309,345313,012284,999173,361175,59544,989
       Property Plant Equipment 
44,989
175,595
170,040
262,726
270,697
266,707
258,867
404,651
410,901
398,107
422,568
470,102
599,211
560,394
521,875
498,183
498,183521,875560,394599,211470,102422,568398,107410,901404,651258,867266,707270,697262,726170,040175,59544,989
       Goodwill 
0
0
0
0
0
0
17,452
17,452
17,452
33,804
33,804
33,804
37,257
37,257
20,905
0
020,90537,25737,25733,80433,80433,80417,45217,45217,452000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
5,213
0
0
0
0
0
000005,2130000000000
       Intangible Assets 
0
0
0
0
0
0
457
448
326
382
1,248
2,144
2,267
1,368
338
165
1653381,3682,2672,1441,248382326448457000000
       Other Assets 
0
0
0
0
0
0
32,350
36,719
10,060
15,580
13,123
19,806
23,318
48,578
59,722
1,996
1,99659,72248,57823,31819,80613,12315,58010,06036,71932,350000000
> Total Liabilities 
16,925
18,346
18,875
246,554
230,373
230,429
267,895
422,847
512,328
591,204
674,877
791,317
942,416
997,673
744,761
677,998
677,998744,761997,673942,416791,317674,877591,204512,328422,847267,895230,429230,373246,55418,87518,34616,925
   > Total Current Liabilities 
13,316
14,815
17,774
64,709
59,012
85,123
119,020
225,151
289,832
388,924
489,516
627,898
791,885
899,642
653,245
573,147
573,147653,245899,642791,885627,898489,516388,924289,832225,151119,02085,12359,01264,70917,77414,81513,316
       Short-term Debt 
0
0
0
3,237
1,465
15,129
27,905
98,002
152,159
216,400
282,935
402,375
513,212
580,473
397,880
344,035
344,035397,880580,473513,212402,375282,935216,400152,15998,00227,90515,1291,4653,237000
       Short Long Term Debt 
0
0
0
0
0
0
168,006
9,926
13,786
216,400
282,935
402,375
508,647
466,494
395,949
343,844
343,844395,949466,494508,647402,375282,935216,40013,7869,926168,006000000
       Accounts payable 
6,309
7,017
0
0
29,991
38,532
54,703
61,446
89,746
104,561
104,428
136,862
179,020
194,392
141,906
133,875
133,875141,906194,392179,020136,862104,428104,56189,74661,44654,70338,53229,991007,0176,309
       Other Current Liabilities 
7,007
7,798
17,774
61,472
27,557
31,462
36,413
65,703
47,926
33,424
44,769
86,019
612,865
2,137
0
11,364
11,36402,137612,86586,01944,76933,42447,92665,70336,41331,46227,55761,47217,7747,7987,007
   > Long-term Liabilities 
3,609
3,531
1,101
181,845
171,361
145,306
148,875
197,696
222,496
202,279
185,361
163,419
150,532
98,031
91,516
104,851
104,85191,51698,031150,532163,419185,361202,279222,496197,696148,875145,306171,361181,8451,1013,5313,609
       Long term Debt Total 
0
0
0
0
0
0
0
0
212,617
147,544
163,254
152,446
115,190
73,288
76,036
57,838
57,83876,03673,288115,190152,446163,254147,544212,61700000000
       Other Liabilities 
0
0
0
0
0
0
13,047
16,445
9,880
21,001
22,107
17,331
18,228
13,020
15,480
47,013
47,01315,48013,02018,22817,33122,10721,0019,88016,44513,047000000
> Total Stockholder Equity
89,989
211,064
211,759
242,104
271,797
292,653
309,780
339,651
273,018
237,127
248,513
203,760
427,444
367,893
552,180
375,379
375,379552,180367,893427,444203,760248,513237,127273,018339,651309,780292,653271,797242,104211,759211,06489,989
   Common Stock
48,609
48,609
48,609
48,609
48,609
60,737
60,737
64,710
64,710
64,710
64,710
64,710
108,511
108,511
108,511
108,511
108,511108,511108,511108,51164,71064,71064,71064,71064,71060,73760,73748,60948,60948,60948,60948,609
   Retained Earnings 
-38,655
-49,994
-48,684
-56,803
-24,252
-36,902
25,370
38,116
-29,482
-63,471
1,941
-42,812
-71,517
-131,067
53,219
-123,582
-123,58253,219-131,067-71,517-42,8121,941-63,471-29,48238,11625,370-36,902-24,252-56,803-48,684-49,994-38,655
   Accumulated Other Comprehensive Income 
-256,964
-269,204
-282,561
-601,894
-581,961
-595,110
-599,617
-596,502
-611,822
-642,023
-650,734
-669,737
-851,809
283,323
283,323
283,323
283,323283,323283,323-851,809-669,737-650,734-642,023-611,822-596,502-599,617-595,110-581,961-601,894-282,561-269,204-256,964
   Capital Surplus 0000000000000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
337,000
481,652
494,395
852,192
829,401
863,928
823,291
833,326
849,612
877,911
832,597
851,599
-30,819
107,127
107,127
107,127
107,127107,127107,127-30,819851,599832,597877,911849,612833,326823,291863,928829,401852,192494,395481,652337,000



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 (+$)
totalRevenue796,344
Cost of Revenue-349,106
Gross Profit447,238447,238
 
Operating Income (+$)
Gross Profit447,238
Operating Expense-553,747
Operating Income-94,114-106,509
 
Operating Expense (+$)
Research Development0
Selling General Administrative14,577
Selling And Marketing Expenses9,197
Operating Expense553,74723,774
 
Net Interest Income (+$)
Interest Income37,940
Interest Expense-37,940
Other Finance Cost-37,940
Net Interest Income-37,940
 
Pretax Income (+$)
Operating Income-94,114
Net Interest Income-37,940
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-57,230-39,789
EBIT - interestExpense = -127,535
-57,230
-40,675
Interest Expense37,940
Earnings Before Interest and Taxes (EBIT)-89,595-19,290
Earnings Before Interest and Taxes (EBITDA)-41,132
 
After tax Income (+$)
Income Before Tax-57,230
Tax Provision-21,385
Net Income From Continuing Ops-78,615-78,615
Net Income-78,615
Net Income Applicable To Common Shares-167,381
 
Non-recurring Events
Discontinued Operations2,444
Extraordinary Items2,444
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses902,853
Total Other Income/Expenses Net-54,32537,940
 

Technical Analysis of Delta Manufacturing Limited
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Delta Manufacturing Limited. The general trend of Delta Manufacturing Limited is BULLISH with 42.9% 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 Delta Manufacturing Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
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 Delta Manufacturing Limited.

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

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

The bullish price targets are: 132.75.

The bearish price targets are: 90.55 > 88.00 > 82.05.

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Delta Manufacturing Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Delta Manufacturing Limited. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +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 above the MA 200. +1

Directionalities and relatives.

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

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

Delta Manufacturing Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Delta Manufacturing Limited. The current macd is -0.73537273.

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 Delta Manufacturing Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Delta Manufacturing Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Delta Manufacturing Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
Delta Manufacturing Limited Daily Moving Average Convergence/Divergence (MACD) ChartDelta Manufacturing Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Delta Manufacturing Limited. The current adx is 18.61.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Delta Manufacturing Limited shares, leading to potential upward 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.
Delta Manufacturing Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Delta Manufacturing Limited. The current sar is 109.58.

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
Delta Manufacturing Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Delta Manufacturing Limited. The current rsi is 45.10. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Delta Manufacturing Limited Daily Relative Strength Index (RSI) ChartDelta Manufacturing Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Delta Manufacturing Limited. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Delta Manufacturing Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Delta Manufacturing Limited Daily Stochastic Oscillator ChartDelta Manufacturing Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Delta Manufacturing Limited. The current cci is -72.36245955.

Delta Manufacturing Limited Daily Commodity Channel Index (CCI) ChartDelta Manufacturing Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Delta Manufacturing Limited. The current cmo is -15.94904556.

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
Delta Manufacturing Limited Daily Chande Momentum Oscillator (CMO) ChartDelta Manufacturing Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Delta Manufacturing Limited. The current willr is -66.61608498.

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 Delta Manufacturing Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Delta Manufacturing Limited Daily Williams %R ChartDelta Manufacturing Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Delta Manufacturing Limited.

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

Score

Let's take a look at the Average True Range (ATR) of Delta Manufacturing Limited. The current atr is 7.60409114.

Delta Manufacturing Limited Daily Average True Range (ATR) ChartDelta Manufacturing Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Delta Manufacturing Limited. The current obv is 4,771,806.

Delta Manufacturing Limited Daily On-Balance Volume (OBV) ChartDelta Manufacturing Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Delta Manufacturing Limited. The current mfi is 55.60.

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
Delta Manufacturing Limited Daily Money Flow Index (MFI) ChartDelta Manufacturing Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Delta Manufacturing Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-08DMI 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
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13DMI 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.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2024-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-09MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08DMI 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.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29DMI 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14STOCH 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).
2024-03-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Delta Manufacturing Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.100
Ma 20Greater thanMa 5098.880
Ma 50Greater thanMa 10097.621
Ma 100Greater thanMa 20095.174
OpenGreater thanClose93.150
Total4/5 (80.0%)
Penke

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