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EICHER MOTORS LTD.
Buy, Hold or Sell?

Let's analyse EICHER MOTORS LTD. together

PenkeI guess you are interested in EICHER MOTORS 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 EICHER MOTORS 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.

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Quick analysis of EICHER MOTORS LTD. (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR547.48
Expected worth in 1 year
INR895.50
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR431.91
Return On Investment
11.0%

For what price can you sell your share?

Current Price per Share
INR3,914.45
Expected price per share
INR3,591 - INR4,177
How sure are you?
50%

1. Valuation of EICHER MOTORS LTD. (5 min.)




Live pricePrice per Share (EOD)

INR3,914.45

Intrinsic Value Per Share

INR834.73 - INR992.20

Total Value Per Share

INR1,382.21 - INR1,539.68

2. Growth of EICHER MOTORS LTD. (5 min.)




Is EICHER MOTORS LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$1.7b$1.5b$285.8m15.9%

How much money is EICHER MOTORS LTD. making?

Current yearPrevious yearGrowGrow %
Making money$349.6m$201.1m$148.4m42.5%
Net Profit Margin20.6%16.6%--

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

3. Financial Health of EICHER MOTORS LTD. (5 min.)




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




  Industry Rankings (Auto Manufacturers)  


Richest
#53 / 122

Most Revenue
#49 / 122

Most Profit
#32 / 122

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

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

What can you expect buying and holding a share of EICHER MOTORS LTD.?

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

Speculation

The Price per Share of EICHER MOTORS LTD. is INR3,914. 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 EICHER MOTORS 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 EICHER MOTORS 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 INR547.48. Based on the TTM, the Book Value Change Per Share is INR87.01 per quarter. Based on the YOY, the Book Value Change Per Share is INR42.73 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 INR20.97 per quarter.
Based on historical numbers we can estimate the returns while holding a share of EICHER MOTORS 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 Eps1.280.0%1.280.0%0.730.0%0.870.0%0.870.0%
Usd Book Value Change Per Share1.040.0%1.040.0%0.510.0%1.310.0%1.310.0%
Usd Dividend Per Share0.250.0%0.250.0%0.200.0%0.220.0%0.220.0%
Usd Total Gains Per Share1.300.0%1.300.0%0.720.0%1.530.0%1.530.0%
Usd Price Per Share35.40-35.40-29.53-99.94-99.94-
Price to Earnings Ratio27.72-27.72-40.18-114.44-114.44-
Price-to-Total Gains Ratio27.32-27.32-41.21-74.41-74.41-
Price to Book Ratio5.39-5.39-5.34-23.18-23.18-
Price-to-Total Gains Ratio27.32-27.32-41.21-74.41-74.41-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share46.9734
Number of shares21
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.250.22
Usd Book Value Change Per Share1.041.31
Usd Total Gains Per Share1.301.53
Gains per Quarter (21 shares)27.2132.17
Gains per Year (21 shares)108.84128.67
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
121889918110119
24217520837221248
36326331755331377
48535142673441506
510643953592552635
6127526644110662764
7148614753128773893
81697028621468831022
91907899711659931151
10211877108018311041280

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 EICHER MOTORS LTD.

About EICHER MOTORS LTD.

Eicher Motors Limited, an automobile company, engages in the manufacture and sale of motorcycles and commercial vehicles in India and internationally. It owns the Royal Enfield motorcycle brand that offers Classic 350, Bullet 350, Meteor 350, Hunter 350, Himalayan, Scram 411, Interceptor 650, Continental GT 650, Super Meteor 650, and Thunderbird models. The company also designs, develops, manufactures, assembles, and sells two-wheelers, as well as sells related parts and accessories and apparel. It offers through its joint venture, Volvo Eicher Commercial Vehicles Limited, manufactures and sells light and medium duty trucks, heavy duty trucks, and buses under the Eicher and Volvo brands, as well as provides medium-duty base engines, engineering components, and aggregates. The company was founded in 1901 and is headquartered in Gurugram, India.

Fundamental data was last updated by Penke on 2024-03-23 09:24:04.

Financial Health

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

Valuation

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

1.1. Profitability of EICHER MOTORS LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit EICHER MOTORS LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • A Net Profit Margin of 20.6% means that ₹0.21 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of EICHER MOTORS LTD.:

  • The MRQ is 20.6%. The company is making a huge profit. +2
  • The TTM is 20.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ20.6%TTM20.6%0.0%
TTM20.6%YOY16.6%+4.0%
TTM20.6%5Y19.1%+1.5%
5Y19.1%10Y19.1%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ20.6%4.6%+16.0%
TTM20.6%4.2%+16.4%
YOY16.6%3.1%+13.5%
5Y19.1%2.7%+16.4%
10Y19.1%2.9%+16.2%
1.1.2. Return on Assets

Shows how efficient EICHER MOTORS LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • 15.2% Return on Assets means that EICHER MOTORS LTD. generated ₹0.15 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of EICHER MOTORS LTD.:

  • The MRQ is 15.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.2%TTM15.2%0.0%
TTM15.2%YOY10.3%+4.8%
TTM15.2%5Y13.8%+1.4%
5Y13.8%10Y13.8%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ15.2%1.0%+14.2%
TTM15.2%1.1%+14.1%
YOY10.3%0.8%+9.5%
5Y13.8%0.7%+13.1%
10Y13.8%0.7%+13.1%
1.1.3. Return on Equity

Shows how efficient EICHER MOTORS LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • 19.4% Return on Equity means EICHER MOTORS LTD. generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of EICHER MOTORS LTD.:

  • The MRQ is 19.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.4%TTM19.4%0.0%
TTM19.4%YOY13.3%+6.1%
TTM19.4%5Y17.5%+1.9%
5Y17.5%10Y17.5%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ19.4%3.0%+16.4%
TTM19.4%2.8%+16.6%
YOY13.3%2.4%+10.9%
5Y17.5%2.1%+15.4%
10Y17.5%2.2%+15.3%

1.2. Operating Efficiency of EICHER MOTORS LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient EICHER MOTORS LTD. is operating .

  • Measures how much profit EICHER MOTORS 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 EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of EICHER MOTORS LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY16.3%-16.3%
TTM-5Y15.5%-15.5%
5Y15.5%10Y15.5%0.0%
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-2.8%-2.8%
YOY16.3%4.4%+11.9%
5Y15.5%3.9%+11.6%
10Y15.5%3.8%+11.7%
1.2.2. Operating Ratio

Measures how efficient EICHER MOTORS LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • An Operation Ratio of 1.37 means that the operating costs are ₹1.37 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of EICHER MOTORS LTD.:

  • The MRQ is 1.373. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.373. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.373TTM1.3730.000
TTM1.373YOY1.437-0.064
TTM1.3735Y1.379-0.006
5Y1.37910Y1.3790.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3731.639-0.266
TTM1.3731.577-0.204
YOY1.4371.629-0.192
5Y1.3791.638-0.259
10Y1.3791.355+0.024

1.3. Liquidity of EICHER MOTORS LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if EICHER MOTORS LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A Current Ratio of 1.14 means the company has ₹1.14 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of EICHER MOTORS LTD.:

  • The MRQ is 1.139. The company is just able to pay all its short-term debts.
  • The TTM is 1.139. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.139TTM1.1390.000
TTM1.139YOY1.884-0.745
TTM1.1395Y2.327-1.188
5Y2.32710Y2.3270.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1391.232-0.093
TTM1.1391.209-0.070
YOY1.8841.255+0.629
5Y2.3271.244+1.083
10Y2.3271.179+1.148
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • A Quick Ratio of 0.43 means the company can pay off ₹0.43 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of EICHER MOTORS LTD.:

  • The MRQ is 0.430. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.430. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.430TTM0.4300.000
TTM0.430YOY1.130-0.700
TTM0.4305Y1.659-1.228
5Y1.65910Y1.6590.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4300.564-0.134
TTM0.4300.586-0.156
YOY1.1300.788+0.342
5Y1.6590.744+0.915
10Y1.6590.718+0.941

1.4. Solvency of EICHER MOTORS LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of EICHER MOTORS LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare EICHER MOTORS LTD. to Auto Manufacturers industry mean.
  • A Debt to Asset Ratio of 0.22 means that EICHER MOTORS LTD. assets are financed with 21.9% credit (debt) and the remaining percentage (100% - 21.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of EICHER MOTORS LTD.:

  • The MRQ is 0.219. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.219. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.219TTM0.2190.000
TTM0.219YOY0.222-0.003
TTM0.2195Y0.214+0.005
5Y0.21410Y0.2140.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2190.636-0.417
TTM0.2190.632-0.413
YOY0.2220.627-0.405
5Y0.2140.632-0.418
10Y0.2140.621-0.407
1.4.2. Debt to Equity Ratio

Measures if EICHER MOTORS LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • A Debt to Equity ratio of 28.1% means that company has ₹0.28 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of EICHER MOTORS LTD.:

  • The MRQ is 0.281. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.281. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.281TTM0.2810.000
TTM0.281YOY0.285-0.004
TTM0.2815Y0.273+0.008
5Y0.27310Y0.2730.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2811.787-1.506
TTM0.2811.798-1.517
YOY0.2851.718-1.433
5Y0.2731.893-1.620
10Y0.2731.856-1.583

2. Market Valuation of EICHER MOTORS 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 EICHER MOTORS LTD. generates.

  • Above 15 is considered overpriced but always compare EICHER MOTORS LTD. to the Auto Manufacturers industry mean.
  • A PE ratio of 27.72 means the investor is paying ₹27.72 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of EICHER MOTORS LTD.:

  • The EOD is 36.782. Based on the earnings, the company is overpriced. -1
  • The MRQ is 27.721. Based on the earnings, the company is overpriced. -1
  • The TTM is 27.721. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD36.782MRQ27.721+9.061
MRQ27.721TTM27.7210.000
TTM27.721YOY40.182-12.461
TTM27.7215Y114.443-86.722
5Y114.44310Y114.4430.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD36.7826.531+30.251
MRQ27.7215.781+21.940
TTM27.7216.010+21.711
YOY40.1826.056+34.126
5Y114.4438.647+105.796
10Y114.44314.215+100.228
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of EICHER MOTORS LTD.:

  • The EOD is 49.506. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 37.311. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 37.311. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD49.506MRQ37.311+12.196
MRQ37.311TTM37.3110.000
TTM37.311YOY76.019-38.708
TTM37.3115Y240.849-203.538
5Y240.84910Y240.8490.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD49.5063.125+46.381
MRQ37.3112.612+34.699
TTM37.311-0.125+37.436
YOY76.0190.002+76.017
5Y240.8490.519+240.330
10Y240.8490.199+240.650
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Auto Manufacturers industry mean).
  • A PB ratio of 5.39 means the investor is paying ₹5.39 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of EICHER MOTORS LTD.:

  • The EOD is 7.150. Based on the equity, the company is overpriced. -1
  • The MRQ is 5.389. Based on the equity, the company is overpriced. -1
  • The TTM is 5.389. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD7.150MRQ5.389+1.761
MRQ5.389TTM5.3890.000
TTM5.389YOY5.343+0.045
TTM5.3895Y23.184-17.795
5Y23.18410Y23.1840.000
Compared to industry (Auto Manufacturers)
PeriodCompanyIndustry (mean)+/- 
EOD7.1501.377+5.773
MRQ5.3891.423+3.966
TTM5.3891.508+3.881
YOY5.3431.641+3.702
5Y23.1841.672+21.512
10Y23.1842.346+20.838
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of EICHER MOTORS 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--87.00687.0060%42.728+104%109.496-21%109.496-21%
Book Value Per Share--547.478547.4780%460.472+19%423.190+29%423.190+29%
Current Ratio--1.1391.1390%1.884-40%2.327-51%2.327-51%
Debt To Asset Ratio--0.2190.2190%0.222-1%0.214+2%0.214+2%
Debt To Equity Ratio--0.2810.2810%0.285-2%0.273+3%0.273+3%
Dividend Per Share--20.97120.9710%16.971+24%18.158+15%18.158+15%
Eps--106.424106.4240%61.233+74%72.808+46%72.808+46%
Free Cash Flow Per Share--79.06979.0690%32.366+144%44.865+76%44.865+76%
Free Cash Flow To Equity Per Share--79.06979.0690%10.696+639%32.019+147%32.019+147%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--992.201--------
Intrinsic Value_10Y_min--834.735--------
Intrinsic Value_1Y_max--61.777--------
Intrinsic Value_1Y_min--60.028--------
Intrinsic Value_3Y_max--214.306--------
Intrinsic Value_3Y_min--201.885--------
Intrinsic Value_5Y_max--401.430--------
Intrinsic Value_5Y_min--366.245--------
Market Cap1071799959331.200+25%807768818102.400807768818102.4000%673686012067.200+20%2280237351255.241-65%2280237351255.241-65%
Net Profit Margin--0.2060.2060%0.166+24%0.191+8%0.191+8%
Operating Margin----0%0.163-100%0.155-100%0.155-100%
Operating Ratio--1.3731.3730%1.437-4%1.3790%1.3790%
Pb Ratio7.150+25%5.3895.3890%5.343+1%23.184-77%23.184-77%
Pe Ratio36.782+25%27.72127.7210%40.182-31%114.443-76%114.443-76%
Price Per Share3914.450+25%2950.1502950.1500%2460.450+20%8327.930-65%8327.930-65%
Price To Free Cash Flow Ratio49.506+25%37.31137.3110%76.019-51%240.849-85%240.849-85%
Price To Total Gains Ratio36.253+25%27.32227.3220%41.214-34%74.405-63%74.405-63%
Quick Ratio--0.4300.4300%1.130-62%1.659-74%1.659-74%
Return On Assets--0.1520.1520%0.103+47%0.138+10%0.138+10%
Return On Equity--0.1940.1940%0.133+46%0.175+11%0.175+11%
Total Gains Per Share--107.977107.9770%59.699+81%127.654-15%127.654-15%
Usd Book Value--1798833600.0001798833600.0000%1512960000.000+19%1390464240.000+29%1390464240.000+29%
Usd Book Value Change Per Share--1.0441.0440%0.513+104%1.314-21%1.314-21%
Usd Book Value Per Share--6.5706.5700%5.526+19%5.078+29%5.078+29%
Usd Dividend Per Share--0.2520.2520%0.204+24%0.218+15%0.218+15%
Usd Eps--1.2771.2770%0.735+74%0.874+46%0.874+46%
Usd Free Cash Flow--259796400.000259796400.0000%106345200.000+144%147410880.000+76%147410880.000+76%
Usd Free Cash Flow Per Share--0.9490.9490%0.388+144%0.538+76%0.538+76%
Usd Free Cash Flow To Equity Per Share--0.9490.9490%0.128+639%0.384+147%0.384+147%
Usd Market Cap12861599511.974+25%9693225817.2299693225817.2290%8084232144.806+20%27362848215.063-65%27362848215.063-65%
Usd Price Per Share46.973+25%35.40235.4020%29.525+20%99.935-65%99.935-65%
Usd Profit--349672800.000349672800.0000%201192000.000+74%239222400.000+46%239222400.000+46%
Usd Revenue--1701108000.0001701108000.0000%1215248400.000+40%1243546800.000+37%1243546800.000+37%
Usd Total Gains Per Share--1.2961.2960%0.716+81%1.532-15%1.532-15%
 EOD+4 -4MRQTTM+0 -0YOY+29 -65Y+22 -1310Y+22 -13

3.2. Fundamental Score

Let's check the fundamental score of EICHER MOTORS LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1536.782
Price to Book Ratio (EOD)Between0-17.150
Net Profit Margin (MRQ)Greater than00.206
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.430
Current Ratio (MRQ)Greater than11.139
Debt to Asset Ratio (MRQ)Less than10.219
Debt to Equity Ratio (MRQ)Less than10.281
Return on Equity (MRQ)Greater than0.150.194
Return on Assets (MRQ)Greater than0.050.152
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of EICHER MOTORS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.727
Ma 20Greater thanMa 503,824.568
Ma 50Greater thanMa 1003,818.986
Ma 100Greater thanMa 2003,850.398
OpenGreater thanClose3,935.000
Total4/5 (80.0%)



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  1,230,300787,5002,017,800932,0002,949,800-683,8002,266,000-2,546,200-280,200



Latest Balance Sheet

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

Summary
Total Assets191,976,400
Total Liabilities42,073,600
Total Stockholder Equity149,902,800
 As reported
Total Liabilities 42,073,600
Total Stockholder Equity+ 149,902,800
Total Assets = 191,976,400

Assets

Total Assets191,976,400
Total Current Assets36,832,300
Long-term Assets155,144,100
Total Current Assets
Cash And Cash Equivalents 888,100
Short-term Investments 10,226,200
Net Receivables 3,689,200
Inventory 12,784,400
Other Current Assets 3,355,000
Total Current Assets  (as reported)36,832,300
Total Current Assets  (calculated)30,942,900
+/- 5,889,400
Long-term Assets
Property Plant Equipment 23,035,300
Intangible Assets 8,585,300
Long-term Assets Other 1,458,300
Long-term Assets  (as reported)155,144,100
Long-term Assets  (calculated)33,078,900
+/- 122,065,200

Liabilities & Shareholders' Equity

Total Current Liabilities32,345,800
Long-term Liabilities9,727,800
Total Stockholder Equity149,902,800
Total Current Liabilities
Short Long Term Debt 1,327,400
Accounts payable 18,104,400
Other Current Liabilities 4,088,500
Total Current Liabilities  (as reported)32,345,800
Total Current Liabilities  (calculated)23,520,300
+/- 8,825,500
Long-term Liabilities
Long term Debt 629,600
Capital Lease Obligations Min Short Term Debt927,100
Long-term Liabilities Other 3,363,800
Long-term Liabilities  (as reported)9,727,800
Long-term Liabilities  (calculated)4,920,500
+/- 4,807,300
Total Stockholder Equity
Total Stockholder Equity (as reported)149,902,800
Total Stockholder Equity (calculated)0
+/- 149,902,800
Other
Capital Stock273,500
Common Stock Shares Outstanding 273,654
Net Debt 1,068,900
Net Invested Capital 151,859,800
Net Working Capital 4,486,500
Property Plant and Equipment Gross 23,035,300



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
113,868,300
124,497,200
145,586,100
162,009,900
191,976,400
191,976,400162,009,900145,586,100124,497,200113,868,30000
   > Total Current Assets 
13,809,400
25,350,400
44,153,100
63,745,900
88,084,800
56,193,400
36,832,300
36,832,30056,193,40088,084,80063,745,90044,153,10025,350,40013,809,400
       Cash And Cash Equivalents 
0
0
7,269,800
432,100
941,200
505,300
888,100
888,100505,300941,200432,1007,269,80000
       Short-term Investments 
0
0
26,948,600
54,077,300
68,008,600
30,700,000
10,226,200
10,226,20030,700,00068,008,60054,077,30026,948,60000
       Net Receivables 
665,100
1,077,600
1,653,400
867,600
1,581,600
3,020,400
3,689,200
3,689,2003,020,4001,581,600867,6001,653,4001,077,600665,100
       Inventory 
3,359,000
3,946,400
6,333,800
5,723,500
8,746,000
11,324,000
12,784,400
12,784,40011,324,0008,746,0005,723,5006,333,8003,946,4003,359,000
       Other Current Assets 
693,600
1,853,700
1,688,900
1,419,300
1,756,900
2,675,900
3,355,000
3,355,0002,675,9001,756,9001,419,3001,688,9001,853,700693,600
   > Long-term Assets 
0
0
69,765,600
60,751,300
57,501,300
105,816,500
155,144,100
155,144,100105,816,50057,501,30060,751,30069,765,60000
       Property Plant Equipment 
11,001,400
16,010,600
19,642,100
22,162,800
21,560,400
22,284,200
23,035,300
23,035,30022,284,20021,560,40022,162,80019,642,10016,010,60011,001,400
       Intangible Assets 
0
0
4,438,400
4,702,500
5,915,500
7,006,400
8,585,300
8,585,3007,006,4005,915,5004,702,5004,438,40000
       Long-term Assets Other 
0
0
50,400
0
1,022,900
1,394,100
1,458,300
1,458,3001,394,1001,022,900050,40000
> Total Liabilities 
0
0
24,681,100
24,687,900
31,205,300
35,929,900
42,073,600
42,073,60035,929,90031,205,30024,687,90024,681,10000
   > Total Current Liabilities 
15,297,500
22,652,400
20,979,600
20,185,800
26,288,100
29,833,600
32,345,800
32,345,80029,833,60026,288,10020,185,80020,979,60022,652,40015,297,500
       Short Long Term Debt 
0
0
1,867,600
1,444,300
1,574,100
588,400
1,327,400
1,327,400588,4001,574,1001,444,3001,867,60000
       Accounts payable 
7,653,000
11,718,600
12,340,500
10,078,200
15,132,300
17,880,800
18,104,400
18,104,40017,880,80015,132,30010,078,20012,340,50011,718,6007,653,000
       Other Current Liabilities 
5,881,500
8,719,700
5,881,800
7,353,400
8,006,800
9,868,500
4,088,500
4,088,5009,868,5008,006,8007,353,4005,881,8008,719,7005,881,500
   > Long-term Liabilities 
0
0
3,700,100
4,442,200
4,917,200
6,096,300
9,727,800
9,727,8006,096,3004,917,2004,442,2003,700,10000
       Capital Lease Obligations Min Short Term Debt
0
0
0
1,045,700
618,400
488,700
927,100
927,100488,700618,4001,045,700000
       Long-term Liabilities Other 
0
0
631,300
600,200
1,235,000
2,365,400
3,363,800
3,363,8002,365,4001,235,000600,200631,30000
> Total Stockholder Equity
0
0
89,187,200
99,809,300
114,380,800
126,080,000
149,902,800
149,902,800126,080,000114,380,80099,809,30089,187,20000
   Common Stock
272,100
272,600
272,800
273,000
273,300
273,400
0
0273,400273,300273,000272,800272,600272,100
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
475,300
741,000
683,300
928,400
1,331,600
783,600
0
0783,6001,331,600928,400683,300741,000475,300



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 (+$)
totalRevenue141,759,000
Cost of Revenue-82,119,000
Gross Profit59,640,00059,640,000
 
Operating Income (+$)
Gross Profit59,640,000
Operating Expense-112,585,300
Operating Income29,173,700-52,945,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense112,585,3000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-280,200
Other Finance Cost-0
Net Interest Income-280,200
 
Pretax Income (+$)
Operating Income29,173,700
Net Interest Income-280,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)37,996,30029,173,700
EBIT - interestExpense = -280,200
29,139,400
29,419,600
Interest Expense280,200
Earnings Before Interest and Taxes (EBIT)038,276,500
Earnings Before Interest and Taxes (EBITDA)43,538,600
 
After tax Income (+$)
Income Before Tax37,996,300
Tax Provision-8,857,300
Net Income From Continuing Ops29,139,40029,139,000
Net Income29,139,400
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0280,200
 

Technical Analysis of EICHER MOTORS 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 EICHER MOTORS LTD.. The general trend of EICHER MOTORS LTD. is BULLISH with 57.1% 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 EICHER MOTORS 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 (57.1%) Bearish trend (-57.1%)
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 EICHER MOTORS LTD..

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 4,017 < 4,164 < 4,177.

The bearish price targets are: 3,675 > 3,625 > 3,591.

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EICHER MOTORS 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 EICHER MOTORS LTD.. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

EICHER MOTORS 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 EICHER MOTORS LTD.. The current macd is 14.16.

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 EICHER MOTORS 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 EICHER MOTORS 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 EICHER MOTORS 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
EICHER MOTORS LTD. Daily Moving Average Convergence/Divergence (MACD) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current adx is 21.24.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-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 EICHER MOTORS LTD. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
EICHER MOTORS 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 EICHER MOTORS LTD.. The current sar is 3,732.

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
EICHER MOTORS 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 EICHER MOTORS LTD.. The current rsi is 55.73. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
EICHER MOTORS LTD. Daily Relative Strength Index (RSI) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-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 EICHER MOTORS LTD. price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
EICHER MOTORS LTD. Daily Stochastic Oscillator ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current cci is 96.12.

EICHER MOTORS LTD. Daily Commodity Channel Index (CCI) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current cmo is 17.23.

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
EICHER MOTORS LTD. Daily Chande Momentum Oscillator (CMO) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current willr is -34.46905705.

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 EICHER MOTORS LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
EICHER MOTORS LTD. Daily Williams %R ChartEICHER MOTORS 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 EICHER MOTORS LTD..

EICHER MOTORS 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 EICHER MOTORS LTD.. The current atr is 101.29.

EICHER MOTORS LTD. Daily Average True Range (ATR) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current obv is 1,200,470.

EICHER MOTORS LTD. Daily On-Balance Volume (OBV) ChartEICHER MOTORS 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 EICHER MOTORS LTD.. The current mfi is 75.15.

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
EICHER MOTORS LTD. Daily Money Flow Index (MFI) ChartEICHER MOTORS LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for EICHER MOTORS 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
2023-11-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI 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).
2023-11-15ATR 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
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04CCI 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).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-02DMI 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
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).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12DMI 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.
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16DMI 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 LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20DMI 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
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-28DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-20DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

EICHER MOTORS LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of EICHER MOTORS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.727
Ma 20Greater thanMa 503,824.568
Ma 50Greater thanMa 1003,818.986
Ma 100Greater thanMa 2003,850.398
OpenGreater thanClose3,935.000
Total4/5 (80.0%)
Penke

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