25 XP   0   0   10

ENKEI WHEELS (INDIA) LTD.
Buy, Hold or Sell?

Let's analyse ENKEI WHEELS (INDIA) LTD. together

PenkeI guess you are interested in ENKEI WHEELS (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 ENKEI WHEELS (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.

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

Get notifications about ENKEI WHEELS (INDIA) LTD.

I send you an email if I find something interesting about ENKEI WHEELS (INDIA) LTD..

Quick analysis of ENKEI WHEELS (INDIA) LTD. (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
INR129.76
Expected worth in 1 year
INR156.49
How sure are you?
83.3%

+ What do you gain per year?

Total Gains per Share
INR26.73
Return On Investment
5.1%

For what price can you sell your share?

Current Price per Share
INR527.80
Expected price per share
INR504.90 - INR695.00
How sure are you?
50%

1. Valuation of ENKEI WHEELS (INDIA) LTD. (5 min.)




Live pricePrice per Share (EOD)

INR527.80

Intrinsic Value Per Share

INR56.60 - INR421.74

Total Value Per Share

INR186.35 - INR551.50

2. Growth of ENKEI WHEELS (INDIA) LTD. (5 min.)




Is ENKEI WHEELS (INDIA) LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$27.9m$26.5m$1.4m5.1%

How much money is ENKEI WHEELS (INDIA) LTD. making?

Current yearPrevious yearGrowGrow %
Making money$1.4m$445.3k$958k68.3%
Net Profit Margin1.6%0.6%--

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

3. Financial Health of ENKEI WHEELS (INDIA) LTD. (5 min.)




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

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

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

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

Speculation

The Price per Share of ENKEI WHEELS (INDIA) LTD. is INR527.80. 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 ENKEI WHEELS (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 ENKEI WHEELS (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 INR129.76. Based on the TTM, the Book Value Change Per Share is INR6.68 per quarter. Based on the YOY, the Book Value Change Per Share is INR7.57 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ENKEI WHEELS (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 Eps0.080.0%0.080.0%0.020.0%0.020.0%0.030.0%
Usd Book Value Change Per Share0.080.0%0.080.0%0.090.0%0.120.0%0.260.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.080.0%0.080.0%0.090.0%0.120.0%0.260.0%
Usd Price Per Share6.99-6.99-6.95-4.95-4.84-
Price to Earnings Ratio89.52-89.52-280.40-85.46-78.77-
Price-to-Total Gains Ratio87.17-87.17-76.49--1.13--0.20-
Price to Book Ratio4.49-4.49-4.70-3.48-3.64-
Price-to-Total Gains Ratio87.17-87.17-76.49--1.13--0.20-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share6.3336
Number of shares157
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.080.12
Usd Total Gains Per Share0.080.12
Gains per Quarter (157 shares)12.5918.91
Gains per Year (157 shares)50.3675.65
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10504007666
20101900151142
301511400227218
402011900303294
502522400378370
603022900454446
703523400530522
804033900605598
904534400681674
1005044900757750

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%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%5.01.00.083.3%5.01.00.083.3%

Fundamentals of ENKEI WHEELS (INDIA) LTD.

About ENKEI WHEELS (INDIA) LTD.

Financial Health

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

Valuation

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

1.1. Profitability of ENKEI WHEELS (INDIA) LTD..

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • A Net Profit Margin of 1.6% means that ₹0.02 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 1.6%. The company is making a profit. +1
  • The TTM is 1.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY0.6%+1.1%
TTM1.6%5Y-1.3%+3.0%
5Y-1.3%10Y-0.6%-0.7%
1.1.2. Return on Assets

Shows how efficient ENKEI WHEELS (INDIA) LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • 2.2% Return on Assets means that ENKEI WHEELS (INDIA) LTD. generated ₹0.02 profit for each $1 in assets.

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

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%0.0%
TTM2.2%YOY0.8%+1.4%
TTM2.2%5Y0.0%+2.2%
5Y0.0%10Y0.6%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • 5.0% Return on Equity means ENKEI WHEELS (INDIA) LTD. generated ₹0.05 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 5.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY1.7%+3.3%
TTM5.0%5Y-0.1%+5.1%
5Y-0.1%10Y1.6%-1.7%

1.2. Operating Efficiency of ENKEI WHEELS (INDIA) LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ENKEI WHEELS (INDIA) LTD. is operating .

  • Measures how much profit ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD. to the  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 ENKEI WHEELS (INDIA) LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.9%+0.9%
5Y-0.9%10Y-0.3%-0.6%
1.2.2. Operating Ratio

Measures how efficient ENKEI WHEELS (INDIA) LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.63 means that the operating costs are ₹1.63 for each ₹1 in net sales.

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

  • The MRQ is 1.633. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.633. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.633TTM1.6330.000
TTM1.633YOY1.658-0.025
TTM1.6335Y1.750-0.117
5Y1.75010Y1.754-0.004

1.3. Liquidity of ENKEI WHEELS (INDIA) LTD..

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 1.05 means the company has ₹1.05 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.052. The company is just able to pay all its short-term debts.
  • The TTM is 1.052. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.052TTM1.0520.000
TTM1.052YOY1.025+0.027
TTM1.0525Y1.109-0.057
5Y1.10910Y1.134-0.025
1.3.2. Quick Ratio

Measures if ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • A Quick Ratio of 0.54 means the company can pay off ₹0.54 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 0.543. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.543. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.543TTM0.5430.000
TTM0.543YOY0.400+0.143
TTM0.5435Y0.381+0.162
5Y0.38110Y0.394-0.013

1.4. Solvency of ENKEI WHEELS (INDIA) LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ENKEI WHEELS (INDIA) LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ENKEI WHEELS (INDIA) LTD. to industry mean.
  • A Debt to Asset Ratio of 0.56 means that ENKEI WHEELS (INDIA) LTD. assets are financed with 56.3% credit (debt) and the remaining percentage (100% - 56.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.563. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.563. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.563TTM0.5630.000
TTM0.563YOY0.552+0.011
TTM0.5635Y0.567-0.004
5Y0.56710Y0.574-0.007
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • A Debt to Equity ratio of 128.8% means that company has ₹1.29 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.288. The company is able to pay all its debts with equity. +1
  • The TTM is 1.288. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.288TTM1.2880.000
TTM1.288YOY1.232+0.056
TTM1.2885Y1.310-0.022
5Y1.31010Y1.354-0.044

2. Market Valuation of ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD. generates.

  • Above 15 is considered overpriced but always compare ENKEI WHEELS (INDIA) LTD. to the  industry mean.
  • A PE ratio of 89.52 means the investor is paying ₹89.52 for every ₹1 in earnings.

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

  • The EOD is 81.121. Based on the earnings, the company is expensive. -2
  • The MRQ is 89.521. Based on the earnings, the company is expensive. -2
  • The TTM is 89.521. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD81.121MRQ89.521-8.400
MRQ89.521TTM89.5210.000
TTM89.521YOY280.401-190.880
TTM89.5215Y85.459+4.062
5Y85.45910Y78.767+6.692
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 726.428. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 801.645. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 801.645. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD726.428MRQ801.645-75.217
MRQ801.645TTM801.6450.000
TTM801.645YOY182.973+618.672
TTM801.6455Y176.443+625.202
5Y176.44310Y144.155+32.288
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 4.49 means the investor is paying ₹4.49 for each ₹1 in book value.

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

  • The EOD is 4.068. Based on the equity, the company is fair priced.
  • The MRQ is 4.489. Based on the equity, the company is fair priced.
  • The TTM is 4.489. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD4.068MRQ4.489-0.421
MRQ4.489TTM4.4890.000
TTM4.489YOY4.704-0.215
TTM4.4895Y3.478+1.011
5Y3.47810Y3.643-0.165
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ENKEI WHEELS (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--6.6826.6820%7.568-12%10.039-33%21.627-69%
Book Value Per Share--129.759129.7590%123.077+5%116.344+12%110.215+18%
Current Ratio--1.0521.0520%1.025+3%1.109-5%1.134-7%
Debt To Asset Ratio--0.5630.5630%0.552+2%0.567-1%0.574-2%
Debt To Equity Ratio--1.2881.2880%1.232+5%1.310-2%1.354-5%
Dividend Per Share----0%-0%-0%-0%
Eps--6.5066.5060%2.065+215%1.776+266%2.788+133%
Free Cash Flow Per Share--0.7270.7270%3.164-77%-13.704+1986%-14.849+2144%
Free Cash Flow To Equity Per Share--0.7270.7270%3.164-77%2.393-70%2.925-75%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--421.738--------
Intrinsic Value_10Y_min--56.596--------
Intrinsic Value_1Y_max--9.111--------
Intrinsic Value_1Y_min---8.909--------
Intrinsic Value_3Y_max--52.638--------
Intrinsic Value_3Y_min---14.299--------
Intrinsic Value_5Y_max--126.625--------
Intrinsic Value_5Y_min---5.981--------
Market Cap--10469477592.75010469477592.7500%10405666715.500+1%7358637114.000+42%7093662652.000+48%
Net Profit Margin--0.0160.0160%0.006+192%-0.013+181%-0.006+140%
Operating Margin----0%-0%-0.0090%-0.0030%
Operating Ratio--1.6331.6330%1.658-1%1.750-7%1.754-7%
Pb Ratio4.068-10%4.4894.4890%4.704-5%3.478+29%3.643+23%
Pe Ratio81.121-10%89.52189.5210%280.401-68%85.459+5%78.767+14%
Price Per Share527.800-10%582.450582.4500%578.900+1%412.400+41%402.933+45%
Price To Free Cash Flow Ratio726.428-10%801.645801.6450%182.973+338%176.443+354%144.155+456%
Price To Total Gains Ratio78.987-10%87.16687.1660%76.490+14%-1.132+101%-0.198+100%
Quick Ratio--0.5430.5430%0.400+36%0.381+43%0.394+38%
Return On Assets--0.0220.0220%0.008+192%0.000+100%0.006+244%
Return On Equity--0.0500.0500%0.017+199%-0.001+102%0.016+219%
Total Gains Per Share--6.6826.6820%7.568-12%10.039-33%21.627-69%
Usd Book Value--27988920.00027988920.0000%26547600.000+5%24863904.000+13%23301484.924+20%
Usd Book Value Change Per Share--0.0800.0800%0.091-12%0.120-33%0.260-69%
Usd Book Value Per Share--1.5571.5570%1.477+5%1.396+12%1.323+18%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0780.0780%0.025+215%0.021+266%0.033+133%
Usd Free Cash Flow--156720.000156720.0000%682440.000-77%-2867640.000+1930%-3057204.806+2051%
Usd Free Cash Flow Per Share--0.0090.0090%0.038-77%-0.164+1986%-0.178+2144%
Usd Free Cash Flow To Equity Per Share--0.0090.0090%0.038-77%0.029-70%0.035-75%
Usd Market Cap--125633731.113125633731.1130%124868000.586+1%88303645.368+42%85123951.824+48%
Usd Price Per Share6.334-10%6.9896.9890%6.947+1%4.949+41%4.835+45%
Usd Profit--1403400.0001403400.0000%445320.000+215%73176.000+1818%315632.268+345%
Usd Revenue--85936440.00085936440.0000%79618920.000+8%55681272.000+54%55771239.734+54%
Usd Total Gains Per Share--0.0800.0800%0.091-12%0.120-33%0.260-69%
 EOD+4 -2MRQTTM+0 -0YOY+19 -135Y+21 -1110Y+21 -11

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1581.121
Price to Book Ratio (EOD)Between0-14.068
Net Profit Margin (MRQ)Greater than00.016
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.543
Current Ratio (MRQ)Greater than11.052
Debt to Asset Ratio (MRQ)Less than10.563
Debt to Equity Ratio (MRQ)Less than11.288
Return on Equity (MRQ)Greater than0.150.050
Return on Assets (MRQ)Greater than0.050.022
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.410
Ma 20Greater thanMa 50542.065
Ma 50Greater thanMa 100562.166
Ma 100Greater thanMa 200561.862
OpenGreater thanClose525.700
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets5,335,540
Total Liabilities3,003,130
Total Stockholder Equity2,332,410
 As reported
Total Liabilities 3,003,130
Total Stockholder Equity+ 2,332,410
Total Assets = 5,335,540

Assets

Total Assets5,335,540
Total Current Assets1,662,390
Long-term Assets3,673,150
Total Current Assets
Cash And Cash Equivalents 108,370
Short-term Investments 11,520
Net Receivables 846,410
Inventory 626,770
Other Current Assets 69,320
Total Current Assets  (as reported)1,662,390
Total Current Assets  (calculated)1,662,390
+/-0
Long-term Assets
Property Plant Equipment 3,462,560
Long-term Assets Other 39,300
Long-term Assets  (as reported)3,673,150
Long-term Assets  (calculated)3,501,860
+/- 171,290

Liabilities & Shareholders' Equity

Total Current Liabilities1,579,740
Long-term Liabilities1,423,390
Total Stockholder Equity2,332,410
Total Current Liabilities
Short Long Term Debt 535,910
Accounts payable 725,940
Other Current Liabilities 120,640
Total Current Liabilities  (as reported)1,579,740
Total Current Liabilities  (calculated)1,382,490
+/- 197,250
Long-term Liabilities
Long term Debt 1,129,130
Capital Lease Obligations Min Short Term Debt1,520
Long-term Liabilities  (as reported)1,423,390
Long-term Liabilities  (calculated)1,130,650
+/- 292,740
Total Stockholder Equity
Total Stockholder Equity (as reported)2,332,410
Total Stockholder Equity (calculated)0
+/- 2,332,410
Other
Capital Stock89,870
Common Stock Shares Outstanding 17,975
Net Debt 1,556,670
Net Invested Capital 3,997,450
Net Working Capital 82,650
Property Plant and Equipment Gross 3,462,560



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
0
0
3,324,661
4,226,790
4,523,250
4,882,820
4,937,610
5,335,540
5,335,5404,937,6104,882,8204,523,2504,226,7903,324,66100
   > Total Current Assets 
1,004,691
1,191,657
1,201,010
1,400,960
1,233,030
1,460,700
1,476,640
1,662,390
1,662,3901,476,6401,460,7001,233,0301,400,9601,201,0101,191,6571,004,691
       Cash And Cash Equivalents 
0
0
201,671
412,340
298,140
326,580
67,310
108,370
108,37067,310326,580298,140412,340201,67100
       Short-term Investments 
0
0
216
100
2,340
1,070
5,000
11,520
11,5205,0001,0702,34010021600
       Net Receivables 
641,030
708,287
436,580
212,040
285,960
703,080
571,710
846,410
846,410571,710703,080285,960212,040436,580708,287641,030
       Inventory 
136,697
231,620
517,300
705,530
578,480
404,960
745,380
626,770
626,770745,380404,960578,480705,530517,300231,620136,697
       Other Current Assets 
150,214
150,955
39,410
67,470
67,840
-10
-10
69,320
69,320-10-1067,84067,47039,410150,955150,214
   > Long-term Assets 
0
0
2,094,809
2,833,410
3,290,220
3,422,120
3,460,970
3,673,150
3,673,1503,460,9703,422,1203,290,2202,833,4102,094,80900
       Property Plant Equipment 
1,289,788
1,281,046
1,815,950
2,411,540
3,103,380
3,273,160
3,312,210
3,462,560
3,462,5603,312,2103,273,1603,103,3802,411,5401,815,9501,281,0461,289,788
       Long-term Assets Other 
0
0
1,828
0
-10
20
35,960
39,300
39,30035,96020-1001,82800
> Total Liabilities 
0
0
2,033,878
2,394,740
2,616,310
2,806,560
2,725,310
3,003,130
3,003,1302,725,3102,806,5602,616,3102,394,7402,033,87800
   > Total Current Liabilities 
594,706
816,419
952,080
1,104,170
1,052,830
1,421,390
1,440,080
1,579,740
1,579,7401,440,0801,421,3901,052,8301,104,170952,080816,419594,706
       Short Long Term Debt 
0
0
200,000
519,050
498,250
721,960
564,360
535,910
535,910564,360721,960498,250519,050200,00000
       Accounts payable 
372,156
385,461
403,990
419,220
343,150
369,250
645,930
725,940
725,940645,930369,250343,150419,220403,990385,461372,156
       Other Current Liabilities 
132,257
197,855
140,150
76,630
18,010
-10
62,640
120,640
120,64062,640-1018,01076,630140,150197,855132,257
   > Long-term Liabilities 
0
0
1,053,106
1,290,570
1,563,480
1,385,170
1,285,230
1,423,390
1,423,3901,285,2301,385,1701,563,4801,290,5701,053,10600
       Capital Lease Obligations Min Short Term Debt
0
0
0
80,440
50,940
35,510
9,610
1,520
1,5209,61035,51050,94080,440000
       Long-term Liabilities Other 
0
0
0
-10
-370
-200
0
0
00-200-370-10000
> Total Stockholder Equity
0
0
1,290,782
1,832,050
1,906,940
2,076,260
2,212,300
2,332,410
2,332,4102,212,3002,076,2601,906,9401,832,0501,290,78200
   Common Stock
74,383
77,058
81,110
85,380
0
0
0
0
000085,38081,11077,05874,383
   Retained Earnings 
33,207
140,116
246,780
298,240
-78,640
0
0
0
000-78,640298,240246,780140,11633,207
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 0000-10,500-65,020-94,239-130,327



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, 2023-12-31)

Gross Profit (+$)
totalRevenue7,161,370
Cost of Revenue-4,670,820
Gross Profit2,490,5502,490,550
 
Operating Income (+$)
Gross Profit2,490,550
Operating Expense-7,025,870
Operating Income135,500-4,535,320
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense7,025,8700
 
Net Interest Income (+$)
Interest Income0
Interest Expense-103,780
Other Finance Cost-0
Net Interest Income-103,780
 
Pretax Income (+$)
Operating Income135,500
Net Interest Income-103,780
Other Non-Operating Income Expenses0
Income Before Tax (EBT)160,520135,500
EBIT - interestExpense = -103,780
116,950
220,730
Interest Expense103,780
Earnings Before Interest and Taxes (EBIT)0264,300
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax160,520
Tax Provision-43,570
Net Income From Continuing Ops116,950116,950
Net Income116,950
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 Net0103,780
 

Technical Analysis of ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The general trend of ENKEI WHEELS (INDIA) LTD. is BEARISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ENKEI WHEELS (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 (-42.9%) Bearish trend (42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of ENKEI WHEELS (INDIA) LTD..

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

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

The bullish price targets are: 695.00.

The bearish price targets are: 510.00 > 506.00 > 504.90.

Tweet this
ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current mas is .

The long score for the Moving Averages is 4/14.
The longshort score for the Moving Averages is -6/(-14 +14).

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

Directionalities and relatives.

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

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

ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current macd is -8.62791643.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 ENKEI WHEELS (INDIA) LTD. price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for ENKEI WHEELS (INDIA) LTD.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the ENKEI WHEELS (INDIA) LTD. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
ENKEI WHEELS (INDIA) LTD. Daily Moving Average Convergence/Divergence (MACD) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current adx is 18.06.

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 ENKEI WHEELS (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.
ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current sar is 575.26.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current rsi is 42.41. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
ENKEI WHEELS (INDIA) LTD. Daily Relative Strength Index (RSI) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the ENKEI WHEELS (INDIA) LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
ENKEI WHEELS (INDIA) LTD. Daily Stochastic Oscillator ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current cci is -66.16197206.

ENKEI WHEELS (INDIA) LTD. Daily Commodity Channel Index (CCI) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current cmo is -17.77036642.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
ENKEI WHEELS (INDIA) LTD. Daily Chande Momentum Oscillator (CMO) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current willr is -56.61680092.

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

ENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current atr is 27.82.

ENKEI WHEELS (INDIA) LTD. Daily Average True Range (ATR) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current obv is 83,117.

ENKEI WHEELS (INDIA) LTD. Daily On-Balance Volume (OBV) ChartENKEI WHEELS (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 ENKEI WHEELS (INDIA) LTD.. The current mfi is 51.63.

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
ENKEI WHEELS (INDIA) LTD. Daily Money Flow Index (MFI) ChartENKEI WHEELS (INDIA) LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ENKEI WHEELS (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
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-17CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20SAR 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
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-01DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-02DMI 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.
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-14DMI 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.
2024-02-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-20SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

ENKEI WHEELS (INDIA) LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.410
Ma 20Greater thanMa 50542.065
Ma 50Greater thanMa 100562.166
Ma 100Greater thanMa 200561.862
OpenGreater thanClose525.700
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of ENKEI WHEELS (INDIA) LTD. with someone you think should read this too:
  • Are you bullish or bearish on ENKEI WHEELS (INDIA) LTD.? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about ENKEI WHEELS (INDIA) LTD.? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about ENKEI WHEELS (INDIA) LTD.

I send you an email if I find something interesting about ENKEI WHEELS (INDIA) LTD..


Comments

How you think about this?

Leave a comment

Stay informed about ENKEI WHEELS (INDIA) LTD..

Receive notifications about ENKEI WHEELS (INDIA) LTD. in your mailbox!