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EIMCO ELECON (INDIA) LTD.
Buy, Hold or Sell?

Let's analyse EIMCO ELECON (INDIA) LTD. together

PenkeI guess you are interested in EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD. (30 sec.)










What can you expect buying and holding a share of EIMCO ELECON (INDIA) LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR0.12
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR608.02
Expected worth in 1 year
INR732.09
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR134.22
Return On Investment
8.8%

For what price can you sell your share?

Current Price per Share
INR1,522.10
Expected price per share
INR814.60 - INR1,700
How sure are you?
50%

1. Valuation of EIMCO ELECON (INDIA) LTD. (5 min.)




Live pricePrice per Share (EOD)

INR1,522.10

Intrinsic Value Per Share

INR-5.51 - INR-3.90

Total Value Per Share

INR602.51 - INR604.13

2. Growth of EIMCO ELECON (INDIA) LTD. (5 min.)




Is EIMCO ELECON (INDIA) LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$42m$39.9m$2.1m5.1%

How much money is EIMCO ELECON (INDIA) LTD. making?

Current yearPrevious yearGrowGrow %
Making money$2.3m$1m$1.3m55.6%
Net Profit Margin11.3%10.4%--

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

3. Financial Health of EIMCO ELECON (INDIA) LTD. (5 min.)




4. Comparing to competitors in the Farm & Heavy Construction Machinery industry (5 min.)




  Industry Rankings (Farm & Heavy Construction Machinery)  


Richest
#121 / 147

Most Revenue
#120 / 147

Most Profit
#87 / 147

What can you expect buying and holding a share of EIMCO ELECON (INDIA) LTD.? (5 min.)

Welcome investor! EIMCO ELECON (INDIA) LTD.'s management wants to use your money to grow the business. In return you get a share of EIMCO ELECON (INDIA) LTD..

What can you expect buying and holding a share of EIMCO ELECON (INDIA) LTD.?

First you should know what it really means to hold a share of EIMCO ELECON (INDIA) LTD.. And how you can make/lose money.

Speculation

The Price per Share of EIMCO ELECON (INDIA) LTD. is INR1,522. 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 EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) 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 INR608.02. Based on the TTM, the Book Value Change Per Share is INR31.02 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.58 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 INR2.54 per quarter.
Based on historical numbers we can estimate the returns while holding a share of EIMCO ELECON (INDIA) LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.410.0%0.410.0%0.180.0%0.300.0%0.300.0%
Usd Book Value Change Per Share0.370.0%0.370.0%0.120.0%1.460.1%1.460.1%
Usd Dividend Per Share0.030.0%0.030.0%0.060.0%0.060.0%0.060.0%
Usd Total Gains Per Share0.400.0%0.400.0%0.180.0%1.520.1%1.520.1%
Usd Price Per Share4.28-4.28-3.74-3.81-3.81-
Price to Earnings Ratio10.54-10.54-20.70-13.98-13.98-
Price-to-Total Gains Ratio10.63-10.63-21.34-12.57-12.57-
Price to Book Ratio0.59-0.59-0.54-0.56-0.56-
Price-to-Total Gains Ratio10.63-10.63-21.34-12.57-12.57-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.2652
Number of shares54
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.06
Usd Book Value Change Per Share0.371.46
Usd Total Gains Per Share0.401.52
Gains per Quarter (54 shares)21.7481.98
Gains per Year (54 shares)86.97327.91
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17807713315318
21316116425630646
32024125138946974
4263223385112611302
5334024256415761630
6394825127618911958
7465635998922062286
85364368610225222614
95972477311428372942
106680486012731523270

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 EIMCO ELECON (INDIA) LTD.

About EIMCO ELECON (INDIA) LTD.

Eimco Elecon (India) Limited engages in the manufacture and sale of equipment for mining and construction sector in India. It offers air motor, chair lift man riding, coal hauler, drill machine, load haul dumper, low profile dump truck, piling rig, rocker shovel loader, side dump loader, and wheel loader, as well as continuous miner package. The company also exports its products. Eimco Elecon (India) Limited was incorporated in 1974 and is headquartered in Vallabh Vidyanagar, India.

Fundamental data was last updated by Penke on 2024-03-23 09:26:05.

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 less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of EIMCO ELECON (INDIA) LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit EIMCO ELECON (INDIA) LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • A Net Profit Margin of 11.3% means that ₹0.11 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 11.3%. The company is making a huge profit. +2
  • The TTM is 11.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ11.3%TTM11.3%0.0%
TTM11.3%YOY10.4%+0.9%
TTM11.3%5Y10.4%+0.9%
5Y10.4%10Y10.4%0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ11.3%4.2%+7.1%
TTM11.3%5.3%+6.0%
YOY10.4%4.5%+5.9%
5Y10.4%3.4%+7.0%
10Y10.4%3.4%+7.0%
1.1.2. Return on Assets

Shows how efficient EIMCO ELECON (INDIA) LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • 5.0% Return on Assets means that EIMCO ELECON (INDIA) LTD. generated ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 5.0%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.0%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY2.4%+2.6%
TTM5.0%5Y3.9%+1.1%
5Y3.9%10Y3.9%0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0%1.2%+3.8%
TTM5.0%1.3%+3.7%
YOY2.4%1.1%+1.3%
5Y3.9%0.9%+3.0%
10Y3.9%0.7%+3.2%
1.1.3. Return on Equity

Shows how efficient EIMCO ELECON (INDIA) LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • 5.6% Return on Equity means EIMCO ELECON (INDIA) LTD. generated ₹0.06 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 5.6%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY2.6%+3.0%
TTM5.6%5Y4.4%+1.2%
5Y4.4%10Y4.4%0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%3.0%+2.6%
TTM5.6%3.3%+2.3%
YOY2.6%2.9%-0.3%
5Y4.4%2.1%+2.3%
10Y4.4%1.9%+2.5%

1.2. Operating Efficiency of EIMCO ELECON (INDIA) LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient EIMCO ELECON (INDIA) LTD. is operating .

  • Measures how much profit EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • An Operating Margin of 9.9% means the company generated ₹0.10  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 9.9%. The company is operating less efficient.
  • The TTM is 9.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ9.9%TTM9.9%0.0%
TTM9.9%YOY2.2%+7.7%
TTM9.9%5Y5.5%+4.5%
5Y5.5%10Y5.5%0.0%
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ9.9%7.9%+2.0%
TTM9.9%5.4%+4.5%
YOY2.2%6.1%-3.9%
5Y5.5%5.1%+0.4%
10Y5.5%5.0%+0.5%
1.2.2. Operating Ratio

Measures how efficient EIMCO ELECON (INDIA) LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • An Operation Ratio of 1.43 means that the operating costs are ₹1.43 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 1.426. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.426. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.426TTM1.4260.000
TTM1.426YOY1.467-0.041
TTM1.4265Y1.475-0.050
5Y1.47510Y1.4750.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4261.536-0.110
TTM1.4261.486-0.060
YOY1.4671.477-0.010
5Y1.4751.446+0.029
10Y1.4751.184+0.291

1.3. Liquidity of EIMCO ELECON (INDIA) LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if EIMCO ELECON (INDIA) LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • A Current Ratio of 4.42 means the company has ₹4.42 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 4.422. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.422. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.422TTM4.4220.000
TTM4.422YOY7.689-3.266
TTM4.4225Y5.598-1.175
5Y5.59810Y5.5980.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4221.546+2.876
TTM4.4221.567+2.855
YOY7.6891.584+6.105
5Y5.5981.629+3.969
10Y5.5981.435+4.163
1.3.2. Quick Ratio

Measures if EIMCO ELECON (INDIA) LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • A Quick Ratio of 1.65 means the company can pay off ₹1.65 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 1.653. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.653. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.653TTM1.6530.000
TTM1.653YOY4.232-2.579
TTM1.6535Y2.533-0.880
5Y2.53310Y2.5330.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6530.678+0.975
TTM1.6530.755+0.898
YOY4.2320.769+3.463
5Y2.5330.777+1.756
10Y2.5330.788+1.745

1.4. Solvency of EIMCO ELECON (INDIA) LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of EIMCO ELECON (INDIA) LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to Farm & Heavy Construction Machinery industry mean.
  • A Debt to Asset Ratio of 0.10 means that EIMCO ELECON (INDIA) LTD. assets are financed with 9.8% credit (debt) and the remaining percentage (100% - 9.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 0.098. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.098. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.098TTM0.0980.000
TTM0.098YOY0.089+0.009
TTM0.0985Y0.102-0.004
5Y0.10210Y0.1020.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0980.562-0.464
TTM0.0980.557-0.459
YOY0.0890.545-0.456
5Y0.1020.562-0.460
10Y0.1020.562-0.460
1.4.2. Debt to Equity Ratio

Measures if EIMCO ELECON (INDIA) LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • A Debt to Equity ratio of 10.8% means that company has ₹0.11 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The MRQ is 0.108. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.108. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.108TTM0.1080.000
TTM0.108YOY0.098+0.010
TTM0.1085Y0.113-0.005
5Y0.11310Y0.1130.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1081.302-1.194
TTM0.1081.315-1.207
YOY0.0981.257-1.159
5Y0.1131.313-1.200
10Y0.1131.340-1.227

2. Market Valuation of EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD. generates.

  • Above 15 is considered overpriced but always compare EIMCO ELECON (INDIA) LTD. to the Farm & Heavy Construction Machinery industry mean.
  • A PE ratio of 10.54 means the investor is paying ₹10.54 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The EOD is 44.969. Based on the earnings, the company is overpriced. -1
  • The MRQ is 10.540. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.540. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD44.969MRQ10.540+34.429
MRQ10.540TTM10.5400.000
TTM10.540YOY20.696-10.156
TTM10.5405Y13.976-3.437
5Y13.97610Y13.9760.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD44.9698.425+36.544
MRQ10.5407.709+2.831
TTM10.5408.735+1.805
YOY20.69611.239+9.457
5Y13.97611.988+1.988
10Y13.97614.941-0.965
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The EOD is 229.478. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 53.785. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 53.785. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD229.478MRQ53.785+175.693
MRQ53.785TTM53.7850.000
TTM53.785YOY-14.148+67.933
TTM53.7855Y-18.783+72.568
5Y-18.78310Y-18.7830.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD229.4783.053+226.425
MRQ53.7852.840+50.945
TTM53.7850.665+53.120
YOY-14.148-0.096-14.052
5Y-18.7830.214-18.997
10Y-18.7830.233-19.016
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of EIMCO ELECON (INDIA) LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm & Heavy Construction Machinery industry mean).
  • A PB ratio of 0.59 means the investor is paying ₹0.59 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of EIMCO ELECON (INDIA) LTD.:

  • The EOD is 2.503. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.587. Based on the equity, the company is cheap. +2
  • The TTM is 0.587. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.503MRQ0.587+1.917
MRQ0.587TTM0.5870.000
TTM0.587YOY0.540+0.047
TTM0.5875Y0.556+0.031
5Y0.55610Y0.5560.000
Compared to industry (Farm & Heavy Construction Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD2.5031.597+0.906
MRQ0.5871.530-0.943
TTM0.5871.493-0.906
YOY0.5401.577-1.037
5Y0.5561.765-1.209
10Y0.5562.076-1.520
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of EIMCO ELECON (INDIA) 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--31.01631.0160%9.585+224%121.605-74%121.605-74%
Book Value Per Share--608.023608.0230%577.008+5%570.051+7%570.051+7%
Current Ratio--4.4224.4220%7.689-42%5.598-21%5.598-21%
Debt To Asset Ratio--0.0980.0980%0.089+10%0.102-4%0.102-4%
Debt To Equity Ratio--0.1080.1080%0.098+11%0.113-4%0.113-4%
Dividend Per Share--2.5382.5380%5.002-49%4.904-48%4.904-48%
Eps--33.84833.8480%15.044+125%25.012+35%25.012+35%
Free Cash Flow Per Share--6.6336.6330%-22.007+432%-4.171+163%-4.171+163%
Free Cash Flow To Equity Per Share--2.4272.4270%-29.997+1336%-10.514+533%-10.514+533%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---3.896--------
Intrinsic Value_10Y_min---5.512--------
Intrinsic Value_1Y_max---5.592--------
Intrinsic Value_1Y_min---5.433--------
Intrinsic Value_3Y_max---12.837--------
Intrinsic Value_3Y_min---12.194--------
Intrinsic Value_5Y_max---15.303--------
Intrinsic Value_5Y_min---14.376--------
Market Cap8780051198.000+77%2057871348.7502057871348.7500%1795986669.750+15%1829097199.650+13%1829097199.650+13%
Net Profit Margin--0.1130.1130%0.104+8%0.104+8%0.104+8%
Operating Margin--0.0990.0990%0.022+355%0.055+81%0.055+81%
Operating Ratio--1.4261.4260%1.467-3%1.475-3%1.475-3%
Pb Ratio2.503+77%0.5870.5870%0.540+9%0.556+6%0.556+6%
Pe Ratio44.969+77%10.54010.5400%20.696-49%13.976-25%13.976-25%
Price Per Share1522.100+77%356.750356.7500%311.350+15%317.090+13%317.090+13%
Price To Free Cash Flow Ratio229.478+77%53.78553.7850%-14.148+126%-18.783+135%-18.783+135%
Price To Total Gains Ratio45.363+77%10.63210.6320%21.344-50%12.573-15%12.573-15%
Quick Ratio--1.6531.6530%4.232-61%2.533-35%2.533-35%
Return On Assets--0.0500.0500%0.024+112%0.039+27%0.039+27%
Return On Equity--0.0560.0560%0.026+114%0.044+27%0.044+27%
Total Gains Per Share--33.55433.5540%14.587+130%126.508-73%126.508-73%
Usd Book Value--42087756.00042087756.0000%39940836.000+5%39459252.000+7%39459252.000+7%
Usd Book Value Change Per Share--0.3720.3720%0.115+224%1.459-74%1.459-74%
Usd Book Value Per Share--7.2967.2960%6.924+5%6.841+7%6.841+7%
Usd Dividend Per Share--0.0300.0300%0.060-49%0.059-48%0.059-48%
Usd Eps--0.4060.4060%0.181+125%0.300+35%0.300+35%
Usd Free Cash Flow--459132.000459132.0000%-1523328.000+432%-288727.200+163%-288727.200+163%
Usd Free Cash Flow Per Share--0.0800.0800%-0.264+432%-0.050+163%-0.050+163%
Usd Free Cash Flow To Equity Per Share--0.0290.0290%-0.360+1336%-0.126+533%-0.126+533%
Usd Market Cap105360614.376+77%24694456.18524694456.1850%21551840.037+15%21949166.396+13%21949166.396+13%
Usd Price Per Share18.265+77%4.2814.2810%3.736+15%3.805+13%3.805+13%
Usd Profit--2342988.0002342988.0000%1041348.000+125%1731314.400+35%1731314.400+35%
Usd Revenue--20723640.00020723640.0000%9993024.000+107%16153944.000+28%16153944.000+28%
Usd Total Gains Per Share--0.4030.4030%0.175+130%1.518-73%1.518-73%
 EOD+4 -4MRQTTM+0 -0YOY+25 -105Y+23 -1210Y+23 -12

3.2. Fundamental Score

Let's check the fundamental score of EIMCO ELECON (INDIA) LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1544.969
Price to Book Ratio (EOD)Between0-12.503
Net Profit Margin (MRQ)Greater than00.113
Operating Margin (MRQ)Greater than00.099
Quick Ratio (MRQ)Greater than11.653
Current Ratio (MRQ)Greater than14.422
Debt to Asset Ratio (MRQ)Less than10.098
Debt to Equity Ratio (MRQ)Less than10.108
Return on Equity (MRQ)Greater than0.150.056
Return on Assets (MRQ)Greater than0.050.050
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of EIMCO ELECON (INDIA) LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.477
Ma 20Greater thanMa 501,433.123
Ma 50Greater thanMa 1001,456.085
Ma 100Greater thanMa 2001,541.545
OpenGreater thanClose1,446.100
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets3,887,756
Total Liabilities380,443
Total Stockholder Equity3,507,313
 As reported
Total Liabilities 380,443
Total Stockholder Equity+ 3,507,313
Total Assets = 3,887,756

Assets

Total Assets3,887,756
Total Current Assets1,441,322
Long-term Assets2,446,434
Total Current Assets
Cash And Cash Equivalents 26,567
Short-term Investments 10,458
Net Receivables 528,314
Inventory 787,873
Other Current Assets 89,640
Total Current Assets  (as reported)1,441,322
Total Current Assets  (calculated)1,442,852
+/- 1,530
Long-term Assets
Property Plant Equipment 622,274
Intangible Assets 115,905
Other Assets 43,934
Long-term Assets  (as reported)2,446,434
Long-term Assets  (calculated)782,113
+/- 1,664,321

Liabilities & Shareholders' Equity

Total Current Liabilities325,914
Long-term Liabilities54,529
Total Stockholder Equity3,507,313
Total Current Liabilities
Accounts payable 183,259
Other Current Liabilities 83,998
Total Current Liabilities  (as reported)325,914
Total Current Liabilities  (calculated)267,257
+/- 58,657
Long-term Liabilities
Other Liabilities 52,177
Long-term Liabilities  (as reported)54,529
Long-term Liabilities  (calculated)52,177
+/- 2,352
Total Stockholder Equity
Common Stock57,684
Retained Earnings 3,373,955
Other Stockholders Equity 291
Total Stockholder Equity (as reported)3,507,313
Total Stockholder Equity (calculated)3,431,930
+/- 75,383
Other
Capital Stock57,684
Common Stock Shares Outstanding 5,768
Net Invested Capital 3,507,313
Net Tangible Assets 3,391,408
Net Working Capital 1,115,408
Property Plant and Equipment Gross 622,274



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
3,530,043
3,534,501
3,696,553
3,654,601
3,887,756
3,887,7563,654,6013,696,5533,534,5013,530,04300
   > Total Current Assets 
1,649,732
1,730,139
1,184,186
1,095,850
2,094,245
1,971,561
1,441,322
1,441,3221,971,5612,094,2451,095,8501,184,1861,730,1391,649,732
       Cash And Cash Equivalents 
0
0
35,558
67,557
94,343
30,760
26,567
26,56730,76094,34367,55735,55800
       Short-term Investments 
0
0
70,131
81,257
98,436
693,987
10,458
10,458693,98798,43681,25770,13100
       Net Receivables 
523,999
641,952
638,911
351,587
614,661
391,231
528,314
528,314391,231614,661351,587638,911641,952523,999
       Inventory 
341,870
392,512
401,608
526,996
371,939
709,370
787,873
787,873709,370371,939526,996401,608392,512341,870
       Other Current Assets 
65,065
26,631
37,978
68,453
124,470
138,891
89,640
89,640138,891124,47068,45337,97826,63165,065
   > Long-term Assets 
0
0
2,345,857
2,438,651
2,418,637
1,683,846
2,446,434
2,446,4341,683,8462,418,6372,438,6512,345,85700
       Property Plant Equipment 
635,830
732,357
798,886
811,687
690,106
650,787
622,274
622,274650,787690,106811,687798,886732,357635,830
       Intangible Assets 
0
0
3,329
45,920
151,390
127,578
115,905
115,905127,578151,39045,9203,32900
       Long-term Assets Other 
0
0
0
0
0
1,031
0
01,03100000
> Total Liabilities 
0
0
386,835
345,185
423,438
326,198
380,443
380,443326,198423,438345,185386,83500
   > Total Current Liabilities 
222,897
333,784
277,102
219,704
316,525
256,422
325,914
325,914256,422316,525219,704277,102333,784222,897
       Short Long Term Debt 
0
0
0
1,651
1,818
0
0
001,8181,651000
       Accounts payable 
138,449
244,191
198,795
170,588
193,487
169,235
183,259
183,259169,235193,487170,588198,795244,191138,449
       Other Current Liabilities 
54,759
35,880
43,442
26,127
117,538
61,836
83,998
83,99861,836117,53826,12743,44235,88054,759
   > Long-term Liabilities 
0
0
113,403
125,481
112,413
70,582
54,529
54,52970,582112,413125,481113,40300
       Capital Lease Obligations Min Short Term Debt
0
0
0
12,569
8,566
3,972
6,371
6,3713,9728,56612,569000
> Total Stockholder Equity
0
0
3,143,208
3,189,316
3,273,115
3,328,403
3,507,313
3,507,3133,328,4033,273,1153,189,3163,143,20800
   Common Stock
57,684
57,684
57,684
57,684
57,684
57,684
57,684
57,68457,68457,68457,68457,68457,68457,684
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
291
291
291
291
3,215,431
291
291
2912913,215,431291291291291



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue1,726,970
Cost of Revenue-900,034
Gross Profit826,936826,936
 
Operating Income (+$)
Gross Profit826,936
Operating Expense-1,561,958
Operating Income165,012-735,022
 
Operating Expense (+$)
Research Development0
Selling General Administrative170,775
Selling And Marketing Expenses0
Operating Expense1,561,958170,775
 
Net Interest Income (+$)
Interest Income29,082
Interest Expense-5,011
Other Finance Cost-29,082
Net Interest Income-5,011
 
Pretax Income (+$)
Operating Income165,012
Net Interest Income-5,011
Other Non-Operating Income Expenses0
Income Before Tax (EBT)251,436165,012
EBIT - interestExpense = 166,469
251,436
200,260
Interest Expense5,011
Earnings Before Interest and Taxes (EBIT)171,480256,447
Earnings Before Interest and Taxes (EBITDA)334,465
 
After tax Income (+$)
Income Before Tax251,436
Tax Provision-56,187
Net Income From Continuing Ops195,249195,249
Net Income195,249
Net Income Applicable To Common Shares195,249
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses308,699
Total Other Income/Expenses Net05,011
 

Technical Analysis of EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The general trend of EIMCO ELECON (INDIA) LTD. is BULLISH with 28.6% 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 EIMCO ELECON (INDIA) 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 (28.6%) Bearish trend (-28.6%)
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 EIMCO ELECON (INDIA) 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: 1,536 < 1,574 < 1,700.

The bearish price targets are: 1,280 > 977.00 > 814.60.

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EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current macd is 22.93.

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 EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) 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
EIMCO ELECON (INDIA) LTD. Daily Moving Average Convergence/Divergence (MACD) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current adx is 13.81.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell EIMCO ELECON (INDIA) LTD. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current sar is 1,365.

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
EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current rsi is 59.48. 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
EIMCO ELECON (INDIA) LTD. Daily Relative Strength Index (RSI) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the EIMCO ELECON (INDIA) LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
EIMCO ELECON (INDIA) LTD. Daily Stochastic Oscillator ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current cci is 99.59.

EIMCO ELECON (INDIA) LTD. Daily Commodity Channel Index (CCI) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current cmo is 30.41.

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
EIMCO ELECON (INDIA) LTD. Daily Chande Momentum Oscillator (CMO) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current willr is -25.61403509.

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 EIMCO ELECON (INDIA) LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
EIMCO ELECON (INDIA) LTD. Daily Williams %R ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD..

EIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current atr is 65.19.

EIMCO ELECON (INDIA) LTD. Daily Average True Range (ATR) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current obv is 216,728.

EIMCO ELECON (INDIA) LTD. Daily On-Balance Volume (OBV) ChartEIMCO ELECON (INDIA) 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 EIMCO ELECON (INDIA) LTD.. The current mfi is 72.18.

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
EIMCO ELECON (INDIA) LTD. Daily Money Flow Index (MFI) ChartEIMCO ELECON (INDIA) LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for EIMCO ELECON (INDIA) 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
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-24STOCH 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
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-29BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08DMI 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.
2024-01-09DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12DMI 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
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH 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).
2024-03-11DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.

6.3. Candlestick Patterns

EIMCO ELECON (INDIA) LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of EIMCO ELECON (INDIA) LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.477
Ma 20Greater thanMa 501,433.123
Ma 50Greater thanMa 1001,456.085
Ma 100Greater thanMa 2001,541.545
OpenGreater thanClose1,446.100
Total2/5 (40.0%)
Penke

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