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EXIDE INDUSTRIES LTD.
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Let's analyse EXIDE INDUSTRIES LTD. together

PenkeI guess you are interested in EXIDE INDUSTRIES 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 EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD. (30 sec.)










What can you expect buying and holding a share of EXIDE INDUSTRIES 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?
90.0%

What is your share worth?

Current worth
INR130.97
Expected worth in 1 year
INR156.78
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR25.81
Return On Investment
8.5%

For what price can you sell your share?

Current Price per Share
INR304.50
Expected price per share
INR278.40 - INR316.15
How sure are you?
50%

1. Valuation of EXIDE INDUSTRIES LTD. (5 min.)




Live pricePrice per Share (EOD)

INR304.50

Intrinsic Value Per Share

INR-152.73 - INR21.25

Total Value Per Share

INR-21.76 - INR152.22

2. Growth of EXIDE INDUSTRIES LTD. (5 min.)




Is EXIDE INDUSTRIES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$1.3b$1.2b$65.8m4.9%

How much money is EXIDE INDUSTRIES LTD. making?

Current yearPrevious yearGrowGrow %
Making money$98.7m$524m-$425.3m-430.8%
Net Profit Margin5.5%34.1%--

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

3. Financial Health of EXIDE INDUSTRIES LTD. (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#73 / 564

Most Revenue
#42 / 564

Most Profit
#41 / 564

Most Efficient
#212 / 564

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

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

What can you expect buying and holding a share of EXIDE INDUSTRIES LTD.?

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

Speculation

The Price per Share of EXIDE INDUSTRIES LTD. is INR304.50. 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 EXIDE INDUSTRIES 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 EXIDE INDUSTRIES 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 INR130.97. Based on the TTM, the Book Value Change Per Share is INR6.45 per quarter. Based on the YOY, the Book Value Change Per Share is INR38.96 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 EXIDE INDUSTRIES 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 Eps0.120.0%0.120.0%0.620.2%0.220.1%0.150.1%
Usd Book Value Change Per Share0.080.0%0.080.0%0.470.2%0.160.1%0.160.1%
Usd Dividend Per Share0.000.0%0.000.0%0.020.0%0.030.0%0.030.0%
Usd Total Gains Per Share0.080.0%0.080.0%0.490.2%0.190.1%0.190.1%
Usd Price Per Share2.14-2.14-1.81-2.07-2.10-
Price to Earnings Ratio18.39-18.39-2.94-15.39-18.85-
Price-to-Total Gains Ratio27.58-27.58-3.69-16.54-17.76-
Price to Book Ratio1.36-1.36-1.21-1.90-2.63-
Price-to-Total Gains Ratio27.58-27.58-3.69-16.54-17.76-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.654
Number of shares273
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.03
Usd Book Value Change Per Share0.080.16
Usd Total Gains Per Share0.080.19
Gains per Quarter (273 shares)21.1451.36
Gains per Year (273 shares)84.57205.46
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10857530176195
2016916059352400
3025424589528605
40338330118703810
504234151488791015
6050750017810551220
7059258520712311425
8067767023714071630
9076175526715831835
10084684029617582040

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%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share0.00.01.00.0%2.00.01.066.7%4.00.01.080.0%9.00.01.090.0%9.00.01.090.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%

Fundamentals of EXIDE INDUSTRIES LTD.

About EXIDE INDUSTRIES LTD.

Exide Industries Limited designs, manufactures, markets, and sells lead acid storage batteries in India and internationally. The company operates in two segments, Automotive and Industrial. It offers automotive, industrial, genset, solar, inverter, institutional uninterrupted power supply (UPS), and submarine batteries, as well as home UPS systems, integrated power back-up systems, and e-rickshaw vehicles. The company manufactures and supplies recycled lead and lead alloys; offers lithium-ion batteries; produces and distributes industrial battery chargers, rectifiers, and parts; and provides energy storage solutions, as well as engages in the non-conventional energy business. Further, the company offers solutions in the areas of equipment selection, battery sizing, optimum room layout, installation, operation, and maintenance. It sells its batteries under the Exide, Index, Dynex, SF Sonic, Black Panther, Nexcharge, Chloride, and CEIL brand names through a distribution network of direct and indirect dealers. The company's products are used in power, solar, railways, telecom, UPS, projects, traction, and other industries. The company was formerly known as Chloride Industries Ltd. and changed its name to Exide Industries Limited in August 1995. The company was founded in 1916 and is headquartered in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-14 12:29:04.

Financial Health

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

Valuation

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

1.1. Profitability of EXIDE INDUSTRIES LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit EXIDE INDUSTRIES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • A Net Profit Margin of 5.5% means that ₹0.05 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 5.5%. The company is making a profit. +1
  • The TTM is 5.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.5%TTM5.5%0.0%
TTM5.5%YOY34.1%-28.7%
TTM5.5%5Y11.7%-6.2%
5Y11.7%10Y9.0%+2.7%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%3.9%+1.6%
TTM5.5%3.6%+1.9%
YOY34.1%3.5%+30.6%
5Y11.7%2.9%+8.8%
10Y9.0%4.0%+5.0%
1.1.2. Return on Assets

Shows how efficient EXIDE INDUSTRIES LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • 5.6% Return on Assets means that EXIDE INDUSTRIES LTD. generated ₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 5.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY31.4%-25.8%
TTM5.6%5Y9.3%-3.8%
5Y9.3%10Y6.8%+2.5%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%1.2%+4.4%
TTM5.6%1.0%+4.6%
YOY31.4%1.0%+30.4%
5Y9.3%1.0%+8.3%
10Y6.8%1.2%+5.6%
1.1.3. Return on Equity

Shows how efficient EXIDE INDUSTRIES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • 7.4% Return on Equity means EXIDE INDUSTRIES LTD. generated ₹0.07 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 7.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 7.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ7.4%TTM7.4%0.0%
TTM7.4%YOY41.3%-33.9%
TTM7.4%5Y17.1%-9.7%
5Y17.1%10Y16.2%+0.9%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ7.4%2.4%+5.0%
TTM7.4%2.2%+5.2%
YOY41.3%2.1%+39.2%
5Y17.1%1.8%+15.3%
10Y16.2%2.3%+13.9%

1.2. Operating Efficiency of EXIDE INDUSTRIES LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient EXIDE INDUSTRIES LTD. is operating .

  • Measures how much profit EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD. to the Auto Parts 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 EXIDE INDUSTRIES LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY7.5%-7.5%
TTM-5Y11.1%-11.1%
5Y11.1%10Y13.6%-2.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-3.6%-3.6%
YOY7.5%4.6%+2.9%
5Y11.1%4.9%+6.2%
10Y13.6%4.8%+8.8%
1.2.2. Operating Ratio

Measures how efficient EXIDE INDUSTRIES LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.66 means that the operating costs are ₹1.66 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 1.663. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.663. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.663TTM1.6630.000
TTM1.663YOY1.647+0.016
TTM1.6635Y1.592+0.071
5Y1.59210Y1.483+0.110
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6631.618+0.045
TTM1.6631.616+0.047
YOY1.6471.621+0.026
5Y1.5921.568+0.024
10Y1.4831.278+0.205

1.3. Liquidity of EXIDE INDUSTRIES LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if EXIDE INDUSTRIES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.88 means the company has ₹1.88 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 1.882. The company is able to pay all its short-term debts. +1
  • The TTM is 1.882. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.882TTM1.8820.000
TTM1.882YOY1.817+0.064
TTM1.8825Y1.657+0.225
5Y1.65710Y1.688-0.031
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8821.649+0.233
TTM1.8821.646+0.236
YOY1.8171.604+0.213
5Y1.6571.579+0.078
10Y1.6881.351+0.337
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • A Quick Ratio of 0.85 means the company can pay off ₹0.85 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of EXIDE INDUSTRIES LTD.:

  • The MRQ is 0.849. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.849. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.849TTM0.8490.000
TTM0.849YOY0.962-0.113
TTM0.8495Y1.021-0.172
5Y1.02110Y0.996+0.025
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8490.698+0.151
TTM0.8490.714+0.135
YOY0.9620.742+0.220
5Y1.0210.752+0.269
10Y0.9960.782+0.214

1.4. Solvency of EXIDE INDUSTRIES LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of EXIDE INDUSTRIES LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare EXIDE INDUSTRIES LTD. to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.25 means that EXIDE INDUSTRIES LTD. assets are financed with 24.6% credit (debt) and the remaining percentage (100% - 24.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.246. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.246. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.246TTM0.2460.000
TTM0.246YOY0.239+0.007
TTM0.2465Y0.539-0.293
5Y0.53910Y0.630-0.091
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2460.497-0.251
TTM0.2460.497-0.251
YOY0.2390.497-0.258
5Y0.5390.497+0.042
10Y0.6300.487+0.143
1.4.2. Debt to Equity Ratio

Measures if EXIDE INDUSTRIES LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • A Debt to Equity ratio of 32.7% means that company has ₹0.33 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.327. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.327. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.327TTM0.3270.000
TTM0.327YOY0.314+0.012
TTM0.3275Y1.806-1.479
5Y1.80610Y2.193-0.388
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3271.014-0.687
TTM0.3271.017-0.690
YOY0.3141.031-0.717
5Y1.8061.040+0.766
10Y2.1931.047+1.146

2. Market Valuation of EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD. generates.

  • Above 15 is considered overpriced but always compare EXIDE INDUSTRIES LTD. to the Auto Parts industry mean.
  • A PE ratio of 18.39 means the investor is paying ₹18.39 for every ₹1 in earnings.

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

  • The EOD is 31.460. Based on the earnings, the company is overpriced. -1
  • The MRQ is 18.391. Based on the earnings, the company is fair priced.
  • The TTM is 18.391. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD31.460MRQ18.391+13.070
MRQ18.391TTM18.3910.000
TTM18.391YOY2.940+15.451
TTM18.3915Y15.387+3.003
5Y15.38710Y18.848-3.460
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD31.46012.519+18.941
MRQ18.39111.721+6.670
TTM18.39112.530+5.861
YOY2.94015.239-12.299
5Y15.38716.864-1.477
10Y18.84821.191-2.343
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -113.714. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -66.473. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -66.473. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-113.714MRQ-66.473-47.241
MRQ-66.473TTM-66.4730.000
TTM-66.473YOY-21.235-45.239
TTM-66.4735Y-9.318-57.155
5Y-9.31810Y9.344-18.662
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-113.7145.310-119.024
MRQ-66.4734.924-71.397
TTM-66.4733.607-70.080
YOY-21.2351.026-22.261
5Y-9.3182.264-11.582
10Y9.3442.514+6.830
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 1.36 means the investor is paying ₹1.36 for each ₹1 in book value.

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

  • The EOD is 2.325. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.359. Based on the equity, the company is underpriced. +1
  • The TTM is 1.359. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.325MRQ1.359+0.966
MRQ1.359TTM1.3590.000
TTM1.359YOY1.213+0.146
TTM1.3595Y1.897-0.538
5Y1.89710Y2.633-0.736
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.3251.521+0.804
MRQ1.3591.481-0.122
TTM1.3591.516-0.157
YOY1.2131.624-0.411
5Y1.8971.700+0.197
10Y2.6332.242+0.391
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of EXIDE INDUSTRIES 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--6.4536.4530%38.958-83%13.419-52%13.097-51%
Book Value Per Share--130.968130.9680%124.515+5%97.794+34%74.987+75%
Current Ratio--1.8821.8820%1.817+4%1.657+14%1.688+12%
Debt To Asset Ratio--0.2460.2460%0.239+3%0.539-54%0.630-61%
Debt To Equity Ratio--0.3270.3270%0.314+4%1.806-82%2.193-85%
Dividend Per Share----0%2.000-100%2.260-100%2.404-100%
Eps--9.6799.6790%51.376-81%17.934-46%12.906-25%
Free Cash Flow Per Share---2.678-2.6780%-7.113+166%6.626-140%6.048-144%
Free Cash Flow To Equity Per Share---3.032-3.0320%-9.141+201%3.988-176%3.377-190%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--21.251--------
Intrinsic Value_10Y_min---152.730--------
Intrinsic Value_1Y_max--5.669--------
Intrinsic Value_1Y_min---1.145--------
Intrinsic Value_3Y_max--14.336--------
Intrinsic Value_3Y_min---15.724--------
Intrinsic Value_5Y_max--19.750--------
Intrinsic Value_5Y_min---43.655--------
Market Cap258825000000.000+42%151300000000.000151300000000.0000%128392500000.000+18%146625000000.000+3%148469500000.000+2%
Net Profit Margin--0.0550.0550%0.341-84%0.117-53%0.090-39%
Operating Margin----0%0.075-100%0.111-100%0.136-100%
Operating Ratio--1.6631.6630%1.647+1%1.592+4%1.483+12%
Pb Ratio2.325+42%1.3591.3590%1.213+12%1.897-28%2.633-48%
Pe Ratio31.460+42%18.39118.3910%2.940+526%15.387+20%18.848-2%
Price Per Share304.500+42%178.000178.0000%151.050+18%172.500+3%174.670+2%
Price To Free Cash Flow Ratio-113.714-71%-66.473-66.4730%-21.235-68%-9.318-86%9.344-811%
Price To Total Gains Ratio47.184+42%27.58227.5820%3.688+648%16.542+67%17.758+55%
Quick Ratio--0.8490.8490%0.962-12%1.021-17%0.996-15%
Return On Assets--0.0560.0560%0.314-82%0.093-40%0.068-18%
Return On Equity--0.0740.0740%0.413-82%0.171-57%0.162-54%
Total Gains Per Share--6.4536.4530%40.958-84%15.679-59%15.500-58%
Usd Book Value--1335873600.0001335873600.0000%1270048800.000+5%997499280.000+34%764865120.000+75%
Usd Book Value Change Per Share--0.0770.0770%0.468-83%0.161-52%0.157-51%
Usd Book Value Per Share--1.5721.5720%1.494+5%1.174+34%0.900+75%
Usd Dividend Per Share----0%0.024-100%0.027-100%0.029-100%
Usd Eps--0.1160.1160%0.617-81%0.215-46%0.155-25%
Usd Free Cash Flow---27313200.000-27313200.0000%-72556800.000+166%67582080.000-140%61693200.000-144%
Usd Free Cash Flow Per Share---0.032-0.0320%-0.085+166%0.080-140%0.073-144%
Usd Free Cash Flow To Equity Per Share---0.036-0.0360%-0.110+201%0.048-176%0.041-190%
Usd Market Cap3105900000.000+42%1815600000.0001815600000.0000%1540710000.000+18%1759500000.000+3%1781634000.000+2%
Usd Price Per Share3.654+42%2.1362.1360%1.813+18%2.070+3%2.096+2%
Usd Profit--98724000.00098724000.0000%524031600.000-81%182923920.000-46%131645400.000-25%
Usd Revenue--1809379200.0001809379200.0000%1534706400.000+18%1618048800.000+12%1451572800.000+25%
Usd Total Gains Per Share--0.0770.0770%0.492-84%0.188-59%0.186-58%
 EOD+5 -3MRQTTM+0 -0YOY+15 -205Y+13 -2210Y+14 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1531.460
Price to Book Ratio (EOD)Between0-12.325
Net Profit Margin (MRQ)Greater than00.055
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.849
Current Ratio (MRQ)Greater than11.882
Debt to Asset Ratio (MRQ)Less than10.246
Debt to Equity Ratio (MRQ)Less than10.327
Return on Equity (MRQ)Greater than0.150.074
Return on Assets (MRQ)Greater than0.050.056
Total5/10 (50.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.127
Ma 20Greater thanMa 50312.540
Ma 50Greater thanMa 100323.049
Ma 100Greater thanMa 200309.641
OpenGreater thanClose305.050
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Minority Interest  330,000139,400469,400-401,40068,00032,900100,900-101,600-700



Latest Balance Sheet

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

Summary
Total Assets147,676,800
Total Liabilities36,354,000
Total Stockholder Equity111,322,800
 As reported
Total Liabilities 36,354,000
Total Stockholder Equity+ 111,322,800
Total Assets = 147,676,800

Assets

Total Assets147,676,800
Total Current Assets56,909,900
Long-term Assets89,660,200
Total Current Assets
Cash And Cash Equivalents 1,161,100
Short-term Investments 6,032,500
Net Receivables 12,295,500
Inventory 34,538,800
Other Current Assets 1,039,100
Total Current Assets  (as reported)56,909,900
Total Current Assets  (calculated)55,067,000
+/- 1,842,900
Long-term Assets
Property Plant Equipment 29,254,400
Goodwill 458,200
Intangible Assets 2,466,100
Other Assets 2,602,100
Long-term Assets  (as reported)89,660,200
Long-term Assets  (calculated)34,780,800
+/- 54,879,400

Liabilities & Shareholders' Equity

Total Current Liabilities30,243,900
Long-term Liabilities3,421,200
Total Stockholder Equity111,322,800
Total Current Liabilities
Short-term Debt 1,008,900
Short Long Term Debt 1,380,900
Accounts payable 15,259,400
Other Current Liabilities 3,198,500
Total Current Liabilities  (as reported)30,243,900
Total Current Liabilities  (calculated)20,847,700
+/- 9,396,200
Long-term Liabilities
Long term Debt Total 4,404,000
Long-term Liabilities  (as reported)3,421,200
Long-term Liabilities  (calculated)4,404,000
+/- 982,800
Total Stockholder Equity
Common Stock850,000
Retained Earnings 113,853,100
Capital Surplus 7,378,800
Other Stockholders Equity -10,759,100
Total Stockholder Equity (as reported)111,322,800
Total Stockholder Equity (calculated)111,322,800
+/-0
Other
Capital Stock850,000
Cash And Equivalents156,700
Cash and Short Term Investments 7,350,300
Common Stock Shares Outstanding 850,000
Liabilities and Stockholders Equity 147,676,800
Net Debt 1,476,000
Net Invested Capital 112,097,500
Net Working Capital 25,858,500
Property Plant and Equipment Gross 29,254,400



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
124,938,800
138,873,500
153,704,300
177,717,100
198,222,200
224,409,500
243,675,900
286,871,100
139,106,100
147,676,800
147,676,800139,106,100286,871,100243,675,900224,409,500198,222,200177,717,100153,704,300138,873,500124,938,800
   > Total Current Assets 
35,294,400
37,203,900
41,840,000
48,352,900
50,892,100
54,604,700
54,099,500
62,559,300
51,212,500
56,909,900
56,909,90051,212,50062,559,30054,099,50054,604,70050,892,10048,352,90041,840,00037,203,90035,294,400
       Cash And Cash Equivalents 
2,868,200
2,074,700
100
430,900
994,200
849,900
1,360,900
2,693,900
1,890,700
1,161,100
1,161,1001,890,7002,693,9001,360,900849,900994,200430,9001002,074,7002,868,200
       Short-term Investments 
6,095,200
4,789,000
790,800
1,149,200
10,161,700
11,619,800
10,460,000
15,748,300
7,115,400
6,032,500
6,032,5007,115,40015,748,30010,460,00011,619,80010,161,7001,149,200790,8004,789,0006,095,200
       Net Receivables 
8,205,400
8,714,000
7,187,300
10,413,600
14,546,200
16,293,400
10,608,300
10,762,000
10,978,500
12,295,500
12,295,50010,978,50010,762,00010,608,30016,293,40014,546,20010,413,6007,187,3008,714,0008,205,400
       Inventory 
13,028,600
16,463,600
12,496,200
17,020,100
20,048,500
20,653,100
24,145,600
26,368,600
28,552,900
34,538,800
34,538,80028,552,90026,368,60024,145,60020,653,10020,048,50017,020,10012,496,20016,463,60013,028,600
       Other Current Assets 
4,953,200
5,020,800
537,800
1,723,900
3,332,000
2,943,800
1,738,900
2,078,500
1,430,800
1,039,100
1,039,1001,430,8002,078,5001,738,9002,943,8003,332,0001,723,900537,8005,020,8004,953,200
   > Long-term Assets 
0
0
0
129,299,700
147,330,100
169,804,800
189,576,400
224,311,800
87,893,600
89,660,200
89,660,20087,893,600224,311,800189,576,400169,804,800147,330,100129,299,700000
       Property Plant Equipment 
11,424,700
12,905,300
15,550,500
17,940,100
23,020,700
27,213,700
30,672,600
34,238,200
35,872,800
29,254,400
29,254,40035,872,80034,238,20030,672,60027,213,70023,020,70017,940,10015,550,50012,905,30011,424,700
       Goodwill 
5,880,300
5,858,000
5,857,900
5,819,000
5,819,000
5,819,000
5,819,000
5,819,000
467,700
458,200
458,200467,7005,819,0005,819,0005,819,0005,819,0005,819,0005,857,9005,858,0005,880,300
       Long Term Investments 
47,942,900
58,691,700
88,803,000
102,970,200
0
0
0
0
0
0
000000102,970,20088,803,00058,691,70047,942,900
       Intangible Assets 
183,400
194,700
268,000
316,200
382,900
765,900
907,500
981,400
928,000
2,466,100
2,466,100928,000981,400907,500765,900382,900316,200268,000194,700183,400
       Long-term Assets Other 
0
0
0
200,500
546,500
824,300
1,389,600
2,712,100
100
607,900
607,9001002,712,1001,389,600824,300546,500200,500000
> Total Liabilities 
90,225,400
100,335,300
109,806,100
127,395,800
143,930,400
163,340,900
179,002,700
214,148,400
33,268,700
36,354,000
36,354,00033,268,700214,148,400179,002,700163,340,900143,930,400127,395,800109,806,100100,335,30090,225,400
   > Total Current Liabilities 
21,941,600
22,351,700
23,259,500
26,075,300
30,542,100
33,751,300
32,515,500
48,048,100
28,178,400
30,243,900
30,243,90028,178,40048,048,10032,515,50033,751,30030,542,10026,075,30023,259,50022,351,70021,941,600
       Short-term Debt 
348,600
576,600
1,088,000
1,841,000
503,300
751,100
585,300
466,700
1,059,600
1,008,900
1,008,9001,059,600466,700585,300751,100503,3001,841,0001,088,000576,600348,600
       Short Long Term Debt 
348,600
576,600
1,148,700
1,866,400
508,100
792,800
618,000
528,300
1,268,700
1,380,900
1,380,9001,268,700528,300618,000792,800508,1001,866,4001,148,700576,600348,600
       Accounts payable 
11,011,900
10,456,300
11,322,300
12,158,600
15,193,900
15,768,600
16,055,700
23,736,700
18,463,300
15,259,400
15,259,40018,463,30023,736,70016,055,70015,768,60015,193,90012,158,60011,322,30010,456,30011,011,900
       Other Current Liabilities 
8,153,900
9,100,500
6,422,000
8,376,800
9,972,900
12,543,300
12,341,200
20,277,700
4,425,900
3,198,500
3,198,5004,425,90020,277,70012,341,20012,543,3009,972,9008,376,8006,422,0009,100,5008,153,900
   > Long-term Liabilities 
0
0
0
101,098,400
113,207,400
129,259,600
146,017,800
165,638,100
4,688,200
3,421,200
3,421,2004,688,200165,638,100146,017,800129,259,600113,207,400101,098,400000
       Long term Debt Total 
0
0
26,000
7,800
89,000
97,500
1,104,100
4,267,700
3,836,300
4,404,000
4,404,0003,836,3004,267,7001,104,10097,50089,0007,80026,00000
       Capital Lease Obligations 
0
0
0
0
0
0
1,258,500
3,703,000
3,102,800
2,776,200
2,776,2003,102,8003,703,0001,258,500000000
       Long-term Liabilities Other 
0
0
0
1,664,500
2,004,200
2,741,700
5,046,100
5,581,600
0
0
005,581,6005,046,1002,741,7002,004,2001,664,500000
> Total Stockholder Equity
34,596,600
38,410,400
43,898,200
50,321,300
54,291,800
61,068,600
64,673,200
72,722,700
105,837,400
111,322,800
111,322,800105,837,40072,722,70064,673,20061,068,60054,291,80050,321,30043,898,20038,410,40034,596,600
   Common Stock
850,000
850,000
850,000
850,000
850,000
850,000
850,000
850,000
850,000
850,000
850,000850,000850,000850,000850,000850,000850,000850,000850,000850,000
   Retained Earnings 
25,579,600
29,504,800
35,642,700
40,819,400
45,168,000
51,187,400
53,836,800
60,175,500
105,478,500
113,853,100
113,853,100105,478,50060,175,50053,836,80051,187,40045,168,00040,819,40035,642,70029,504,80025,579,600
   Capital Surplus 
0
0
7,378,800
7,378,800
7,378,800
7,378,800
7,378,800
7,378,800
7,378,800
7,378,800
7,378,8007,378,8007,378,8007,378,8007,378,8007,378,8007,378,8007,378,80000
   Treasury Stock0000000000
   Other Stockholders Equity 
788,200
676,800
26,700
1,273,100
895,000
1,652,400
2,607,600
4,318,400
-7,869,900
-10,759,100
-10,759,100-7,869,9004,318,4002,607,6001,652,400895,0001,273,10026,700676,800788,200



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 (+$)
totalRevenue150,781,600
Cost of Revenue-110,853,800
Gross Profit39,927,80039,927,800
 
Operating Income (+$)
Gross Profit39,927,800
Operating Expense-139,917,500
Operating Income10,864,100-99,989,700
 
Operating Expense (+$)
Research Development0
Selling General Administrative22,008,600
Selling And Marketing Expenses0
Operating Expense139,917,50022,008,600
 
Net Interest Income (+$)
Interest Income364,800
Interest Expense-738,400
Other Finance Cost-364,800
Net Interest Income-738,400
 
Pretax Income (+$)
Operating Income10,864,100
Net Interest Income-738,400
Other Non-Operating Income Expenses0
Income Before Tax (EBT)11,375,90010,864,100
EBIT - interestExpense = -738,400
8,227,000
8,965,400
Interest Expense738,400
Earnings Before Interest and Taxes (EBIT)012,114,300
Earnings Before Interest and Taxes (EBITDA)17,135,500
 
After tax Income (+$)
Income Before Tax11,375,900
Tax Provision-3,148,200
Net Income From Continuing Ops8,227,7008,227,700
Net Income8,227,000
Net Income Applicable To Common Shares8,227,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0738,400
 

Technical Analysis of EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The general trend of EXIDE INDUSTRIES LTD. is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine EXIDE INDUSTRIES LTD.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (14.3%) Bearish trend (-14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of EXIDE INDUSTRIES 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: 307.50 < 309.25 < 316.15.

The bearish price targets are: 290.40 > 280.00 > 278.40.

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EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

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

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

EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current macd is -6.20482867.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the EXIDE INDUSTRIES LTD. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for EXIDE INDUSTRIES 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 EXIDE INDUSTRIES 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 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
EXIDE INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current adx is 25.36.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 EXIDE INDUSTRIES LTD. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current sar is 309.56.

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
EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current rsi is 41.13. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
EXIDE INDUSTRIES LTD. Daily Relative Strength Index (RSI) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-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 above the STOCH %D 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 EXIDE INDUSTRIES LTD. price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
EXIDE INDUSTRIES LTD. Daily Stochastic Oscillator ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current cci is -56.20627265.

EXIDE INDUSTRIES LTD. Daily Commodity Channel Index (CCI) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current cmo is -18.70893401.

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
EXIDE INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current willr is -66.14645858.

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

EXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current atr is 8.2001167.

EXIDE INDUSTRIES LTD. Daily Average True Range (ATR) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current obv is 13,253,482.

EXIDE INDUSTRIES LTD. Daily On-Balance Volume (OBV) ChartEXIDE INDUSTRIES 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 EXIDE INDUSTRIES LTD.. The current mfi is 27.05.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
EXIDE INDUSTRIES LTD. Daily Money Flow Index (MFI) ChartEXIDE INDUSTRIES LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for EXIDE INDUSTRIES 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
2023-11-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27DMI 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
2023-12-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-02MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-19DMI 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
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-25BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
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).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

EXIDE INDUSTRIES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5041.127
Ma 20Greater thanMa 50312.540
Ma 50Greater thanMa 100323.049
Ma 100Greater thanMa 200309.641
OpenGreater thanClose305.050
Total3/5 (60.0%)
Penke

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