25 XP   0   0   10

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.
Buy, Hold or Sell?

Let's analyse GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. together

PenkeI guess you are interested in GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.

I send you an email if I find something interesting about GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

Quick analysis of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. (30 sec.)










What can you expect buying and holding a share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR0.21
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR182.34
Expected worth in 1 year
INR312.09
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
INR146.95
Return On Investment
42.7%

For what price can you sell your share?

Current Price per Share
INR343.90
Expected price per share
INR289.65 - INR423.20
How sure are you?
50%

1. Valuation of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. (5 min.)




Live pricePrice per Share (EOD)

INR343.90

Intrinsic Value Per Share

INR216.29 - INR400.39

Total Value Per Share

INR398.63 - INR582.72

2. Growth of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. (5 min.)




Is GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$695.7m$572m$123.7m17.8%

How much money is GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. making?

Current yearPrevious yearGrowGrow %
Making money$145.8m$48.5m$97.2m66.7%
Net Profit Margin34.7%14.8%--

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

3. Financial Health of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. (5 min.)




4. Comparing to competitors in the Thermal Coal industry (5 min.)




  Industry Rankings (Thermal Coal)  


Richest
#45 / 107

Most Revenue
#43 / 107

Most Profit
#28 / 107

What can you expect buying and holding a share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.? (5 min.)

Welcome investor! GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.'s management wants to use your money to grow the business. In return you get a share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

What can you expect buying and holding a share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.?

First you should know what it really means to hold a share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. And how you can make/lose money.

Speculation

The Price per Share of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is INR343.90. 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 INR182.34. Based on the TTM, the Book Value Change Per Share is INR32.44 per quarter. Based on the YOY, the Book Value Change Per Share is INR23.02 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 INR4.30 per quarter.
Based on historical numbers we can estimate the returns while holding a share of GUJARAT MINERAL DEVELOPMENT CORPORATION 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 Eps0.460.1%0.460.1%0.170.0%0.150.0%0.140.0%
Usd Book Value Change Per Share0.390.1%0.390.1%0.280.1%0.110.0%0.270.1%
Usd Dividend Per Share0.050.0%0.050.0%0.000.0%0.030.0%0.030.0%
Usd Total Gains Per Share0.440.1%0.440.1%0.280.1%0.140.0%0.310.1%
Usd Price Per Share1.52-1.52-2.28-1.16-1.19-
Price to Earnings Ratio3.31-3.31-13.54--2.75-2.38-
Price-to-Total Gains Ratio3.44-3.44-8.18--31.87--17.61-
Price to Book Ratio0.69-0.69-1.27-0.65-0.71-
Price-to-Total Gains Ratio3.44-3.44-8.18--31.87--17.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.1268
Number of shares242
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.050.03
Usd Book Value Change Per Share0.390.11
Usd Total Gains Per Share0.440.14
Gains per Quarter (242 shares)106.6933.81
Gains per Year (242 shares)426.75135.23
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
15037741730106125
210075484459211260
31501130127189317395
420015071698118423530
525018842125148528665
630022612552177634800
735026382979207740935
8400301434062368451070
9450339138332669511205
104993768426029610571340

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%2.01.00.066.7%4.01.00.080.0%7.01.00.087.5%7.01.00.087.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%5.03.00.062.5%5.03.00.062.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%6.02.00.075.0%6.02.00.075.0%

Fundamentals of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.

About GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.

Gujarat Mineral Development Corporation Limited engages in mining business in India. The company operates through two segments, Mining and Power. It explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company's products used in textile, chemical, brick, captive power, hydrofluoric acid, glass, and refrigerant gas manufacturing industries; and flux in metallurgical, synthetic foundry moulding catalyst, limestone tiles and slabs, wall cladding, vanity tops, oil and water well drilling, ceramic whiteware, sanitaryware, and water purifying industries. It also generates power using thermal, wind, and solar resources. The company was incorporated in 1963 and is headquartered in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-22 09:38:04.

Financial Health

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

Valuation

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

1.1. Profitability of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • A Net Profit Margin of 34.7% means that ₹0.35 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 34.7%. The company is making a huge profit. +2
  • The TTM is 34.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.7%TTM34.7%0.0%
TTM34.7%YOY14.8%+19.9%
TTM34.7%5Y14.3%+20.4%
5Y14.3%10Y16.3%-1.9%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ34.7%7.7%+27.0%
TTM34.7%10.7%+24.0%
YOY14.8%14.8%+0.0%
5Y14.3%7.2%+7.1%
10Y16.3%5.5%+10.8%
1.1.2. Return on Assets

Shows how efficient GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • 17.6% Return on Assets means that GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. generated ₹0.18 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 17.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 17.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.6%TTM17.6%0.0%
TTM17.6%YOY6.8%+10.7%
TTM17.6%5Y6.4%+11.2%
5Y6.4%10Y6.2%+0.2%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ17.6%1.6%+16.0%
TTM17.6%1.9%+15.7%
YOY6.8%2.7%+4.1%
5Y6.4%1.5%+4.9%
10Y6.2%1.1%+5.1%
1.1.3. Return on Equity

Shows how efficient GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • 21.0% Return on Equity means GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. generated ₹0.21 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 21.0%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 21.0%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ21.0%TTM21.0%0.0%
TTM21.0%YOY8.5%+12.5%
TTM21.0%5Y7.7%+13.3%
5Y7.7%10Y7.6%+0.1%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ21.0%3.6%+17.4%
TTM21.0%4.7%+16.3%
YOY8.5%8.6%-0.1%
5Y7.7%3.8%+3.9%
10Y7.6%2.8%+4.8%

1.2. Operating Efficiency of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is operating .

  • Measures how much profit GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • An Operating Margin of 36.3% means the company generated ₹0.36  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 36.3%. The company is operating very efficient. +2
  • The TTM is 36.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ36.3%TTM36.3%0.0%
TTM36.3%YOY22.9%+13.4%
TTM36.3%5Y15.7%+20.6%
5Y15.7%10Y15.1%+0.6%
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ36.3%17.8%+18.5%
TTM36.3%12.0%+24.3%
YOY22.9%21.9%+1.0%
5Y15.7%12.5%+3.2%
10Y15.1%7.8%+7.3%
1.2.2. Operating Ratio

Measures how efficient GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Thermal Coal industry mean).
  • An Operation Ratio of 0.64 means that the operating costs are ₹0.64 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 0.635. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.635. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.635TTM0.6350.000
TTM0.635YOY1.447-0.811
TTM0.6355Y1.265-0.630
5Y1.26510Y1.184+0.081
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6351.426-0.791
TTM0.6351.324-0.689
YOY1.4471.284+0.163
5Y1.2651.412-0.147
10Y1.1841.146+0.038

1.3. Liquidity of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Thermal Coal industry mean).
  • A Current Ratio of 4.09 means the company has ₹4.09 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 4.087. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.087. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.087TTM4.0870.000
TTM4.087YOY3.923+0.164
TTM4.0875Y4.763-0.676
5Y4.76310Y4.332+0.430
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0871.334+2.753
TTM4.0871.344+2.743
YOY3.9231.255+2.668
5Y4.7631.296+3.467
10Y4.3321.164+3.168
1.3.2. Quick Ratio

Measures if GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • A Quick Ratio of 3.34 means the company can pay off ₹3.34 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 3.345. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.345. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.345TTM3.3450.000
TTM3.345YOY0.502+2.842
TTM3.3455Y1.893+1.452
5Y1.89310Y1.345+0.548
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3450.512+2.833
TTM3.3450.662+2.683
YOY0.5020.761-0.259
5Y1.8930.758+1.135
10Y1.3450.704+0.641

1.4. Solvency of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to Thermal Coal industry mean.
  • A Debt to Asset Ratio of 0.16 means that GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. assets are financed with 16.2% credit (debt) and the remaining percentage (100% - 16.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 0.162. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.162. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.162TTM0.1620.000
TTM0.162YOY0.194-0.032
TTM0.1625Y0.180-0.018
5Y0.18010Y0.191-0.011
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1620.480-0.318
TTM0.1620.498-0.336
YOY0.1940.529-0.335
5Y0.1800.542-0.362
10Y0.1910.514-0.323
1.4.2. Debt to Equity Ratio

Measures if GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • A Debt to Equity ratio of 19.4% means that company has ₹0.19 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The MRQ is 0.194. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.194. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.194TTM0.1940.000
TTM0.194YOY0.241-0.048
TTM0.1945Y0.220-0.026
5Y0.22010Y0.237-0.017
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1940.915-0.721
TTM0.1940.942-0.748
YOY0.2411.003-0.762
5Y0.2201.162-0.942
10Y0.2371.328-1.091

2. Market Valuation of GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. generates.

  • Above 15 is considered overpriced but always compare GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. to the Thermal Coal industry mean.
  • A PE ratio of 3.31 means the investor is paying ₹3.31 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The EOD is 8.995. Based on the earnings, the company is underpriced. +1
  • The MRQ is 3.310. Based on the earnings, the company is cheap. +2
  • The TTM is 3.310. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD8.995MRQ3.310+5.685
MRQ3.310TTM3.3100.000
TTM3.310YOY13.539-10.229
TTM3.3105Y-2.752+6.062
5Y-2.75210Y2.381-5.133
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD8.9954.773+4.222
MRQ3.3104.668-1.358
TTM3.3104.497-1.187
YOY13.5393.735+9.804
5Y-2.7524.119-6.871
10Y2.3817.179-4.798
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The EOD is 12.048. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 4.433. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 4.433. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD12.048MRQ4.433+7.615
MRQ4.433TTM4.4330.000
TTM4.433YOY-23.726+28.159
TTM4.4335Y4.330+0.104
5Y4.33010Y-52.643+56.972
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD12.0482.868+9.180
MRQ4.4332.695+1.738
TTM4.4331.347+3.086
YOY-23.7262.640-26.366
5Y4.330-0.076+4.406
10Y-52.643-0.793-51.850
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Thermal Coal industry mean).
  • A PB ratio of 0.69 means the investor is paying ₹0.69 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.:

  • The EOD is 1.886. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.694. Based on the equity, the company is cheap. +2
  • The TTM is 0.694. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.886MRQ0.694+1.192
MRQ0.694TTM0.6940.000
TTM0.694YOY1.267-0.572
TTM0.6945Y0.646+0.048
5Y0.64610Y0.709-0.062
Compared to industry (Thermal Coal)
PeriodCompanyIndustry (mean)+/- 
EOD1.8861.103+0.783
MRQ0.6941.158-0.464
TTM0.6941.228-0.534
YOY1.2671.366-0.099
5Y0.6461.170-0.524
10Y0.7091.581-0.872
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of GUJARAT MINERAL DEVELOPMENT CORPORATION 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--32.43832.4380%23.016+41%9.097+257%22.792+42%
Book Value Per Share--182.336182.3360%149.898+22%145.692+25%138.415+32%
Current Ratio--4.0874.0870%3.923+4%4.763-14%4.332-6%
Debt To Asset Ratio--0.1620.1620%0.194-17%0.180-10%0.191-15%
Debt To Equity Ratio--0.1940.1940%0.241-20%0.220-12%0.237-18%
Dividend Per Share--4.3004.3000%0.200+2050%2.545+69%2.868+50%
Eps--38.23138.2310%14.022+173%12.530+205%11.333+237%
Free Cash Flow Per Share--28.54428.5440%-8.002+128%5.094+460%3.552+704%
Free Cash Flow To Equity Per Share--24.22824.2280%-8.212+134%2.465+883%0.625+3779%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--400.388--------
Intrinsic Value_10Y_min--216.294--------
Intrinsic Value_1Y_max--15.239--------
Intrinsic Value_1Y_min--9.369--------
Intrinsic Value_3Y_max--64.751--------
Intrinsic Value_3Y_min--38.975--------
Intrinsic Value_5Y_max--137.125--------
Intrinsic Value_5Y_min--80.217--------
Market Cap109360200000.000+63%40242900000.00040242900000.0000%60372300000.000-33%30823740000.000+31%31644975000.000+27%
Net Profit Margin--0.3470.3470%0.148+134%0.143+142%0.163+114%
Operating Margin--0.3630.3630%0.229+58%0.157+131%0.151+140%
Operating Ratio--0.6350.6350%1.447-56%1.265-50%1.184-46%
Pb Ratio1.886+63%0.6940.6940%1.267-45%0.646+7%0.709-2%
Pe Ratio8.995+63%3.3103.3100%13.539-76%-2.752+183%2.381+39%
Price Per Share343.900+63%126.550126.5500%189.850-33%96.930+31%99.513+27%
Price To Free Cash Flow Ratio12.048+63%4.4334.4330%-23.726+635%4.330+2%-52.643+1287%
Price To Total Gains Ratio9.361+63%3.4453.4450%8.178-58%-31.873+1025%-17.613+611%
Quick Ratio--3.3453.3450%0.502+566%1.893+77%1.345+149%
Return On Assets--0.1760.1760%0.068+157%0.064+177%0.062+185%
Return On Equity--0.2100.2100%0.085+147%0.077+173%0.076+177%
Total Gains Per Share--36.73836.7380%23.216+58%11.641+216%25.660+43%
Usd Book Value--695793732.000695793732.0000%572009424.000+22%555962184.000+25%528193444.500+32%
Usd Book Value Change Per Share--0.3890.3890%0.276+41%0.109+257%0.274+42%
Usd Book Value Per Share--2.1882.1880%1.799+22%1.748+25%1.661+32%
Usd Dividend Per Share--0.0520.0520%0.002+2050%0.031+69%0.034+50%
Usd Eps--0.4590.4590%0.168+173%0.150+205%0.136+237%
Usd Free Cash Flow--108924468.000108924468.0000%-30535284.000+128%19439462.400+460%13554597.000+704%
Usd Free Cash Flow Per Share--0.3430.3430%-0.096+128%0.061+460%0.043+704%
Usd Free Cash Flow To Equity Per Share--0.2910.2910%-0.099+134%0.030+883%0.007+3779%
Usd Market Cap1312322400.000+63%482914800.000482914800.0000%724467600.000-33%369884880.000+31%379739700.000+27%
Usd Price Per Share4.127+63%1.5191.5190%2.278-33%1.163+31%1.194+27%
Usd Profit--145888152.000145888152.0000%48596928.000+200%48128832.000+203%43523487.000+235%
Usd Revenue--420173700.000420173700.0000%327849528.000+28%263361408.000+60%234695136.000+79%
Usd Total Gains Per Share--0.4410.4410%0.279+58%0.140+216%0.308+43%
 EOD+4 -4MRQTTM+0 -0YOY+30 -55Y+30 -510Y+31 -4

3.2. Fundamental Score

Let's check the fundamental score of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-158.995
Price to Book Ratio (EOD)Between0-11.886
Net Profit Margin (MRQ)Greater than00.347
Operating Margin (MRQ)Greater than00.363
Quick Ratio (MRQ)Greater than13.345
Current Ratio (MRQ)Greater than14.087
Debt to Asset Ratio (MRQ)Less than10.162
Debt to Equity Ratio (MRQ)Less than10.194
Return on Equity (MRQ)Greater than0.150.210
Return on Assets (MRQ)Greater than0.050.176
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.669
Ma 20Greater thanMa 50366.750
Ma 50Greater thanMa 100411.411
Ma 100Greater thanMa 200411.176
OpenGreater thanClose351.650
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
Net Interest Income  1,177,236331,0261,508,262-222,6961,285,566-34,7321,250,834-1,273,640-22,806
Cost of Revenue  12,189,866-12,173,72216,14411,079,65411,095,7986,953,53718,049,335-18,152,213-102,878



Latest Balance Sheet

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

Summary
Total Assets69,210,245
Total Liabilities11,227,434
Total Stockholder Equity57,982,811
 As reported
Total Liabilities 11,227,434
Total Stockholder Equity+ 57,982,811
Total Assets = 69,210,245

Assets

Total Assets69,210,245
Total Current Assets20,186,687
Long-term Assets49,023,558
Total Current Assets
Cash And Cash Equivalents 510,744
Short-term Investments 14,631,172
Net Receivables 1,889,798
Inventory 1,069,812
Total Current Assets  (as reported)20,186,687
Total Current Assets  (calculated)18,101,526
+/- 2,085,161
Long-term Assets
Property Plant Equipment 10,621,066
Intangible Assets 3,268,973
Other Assets 30,226,387
Long-term Assets  (as reported)49,023,558
Long-term Assets  (calculated)44,116,426
+/- 4,907,132

Liabilities & Shareholders' Equity

Total Current Liabilities4,939,552
Long-term Liabilities6,287,882
Total Stockholder Equity57,982,811
Total Current Liabilities
Accounts payable 2,033,176
Other Current Liabilities 2,651,445
Total Current Liabilities  (as reported)4,939,552
Total Current Liabilities  (calculated)4,684,621
+/- 254,931
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt4,948
Other Liabilities 6,283,011
Long-term Liabilities  (as reported)6,287,882
Long-term Liabilities  (calculated)6,287,959
+/- 77
Total Stockholder Equity
Common Stock636,000
Retained Earnings 53,863,192
Other Stockholders Equity 3,483,619
Total Stockholder Equity (as reported)57,982,811
Total Stockholder Equity (calculated)57,982,811
+/-0
Other
Capital Stock636,000
Common Stock Shares Outstanding 318,000
Net Invested Capital 57,982,811
Net Tangible Assets 54,713,838
Net Working Capital 15,247,135
Property Plant and Equipment Gross 10,621,066



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-31
> Total Assets 
46,944,558
51,213,110
54,230,233
52,066,965
52,108,255
49,628,085
59,164,722
69,210,245
69,210,24559,164,72249,628,08552,108,25552,066,96554,230,23351,213,11046,944,558
   > Total Current Assets 
16,284,093
14,411,659
14,669,190
15,038,792
14,654,565
16,665,049
16,571,945
20,186,687
20,186,68716,571,94516,665,04914,654,56515,038,79214,669,19014,411,65916,284,093
       Cash And Cash Equivalents 
314,800
496,956
559,970
467,636
951,193
2,655,741
662,495
510,744
510,744662,4952,655,741951,193467,636559,970496,956314,800
       Short-term Investments 
0
106,256
181,602
198,325
65,576
66,857
72,378
14,631,172
14,631,17272,37866,85765,576198,325181,602106,2560
       Net Receivables 
899,592
1,325,345
1,241,836
1,582,202
1,395,270
1,452,497
2,049,197
1,889,798
1,889,7982,049,1971,452,4971,395,2701,582,2021,241,8361,325,345899,592
       Inventory 
435,269
688,415
724,300
981,343
951,180
984,955
898,081
1,069,812
1,069,812898,081984,955951,180981,343724,300688,415435,269
       Other Current Assets 
749,807
11,682,017
11,929,414
11,769,517
11,235,074
11,431,244
12,744,379
16,085,507
16,085,50712,744,37911,431,24411,235,07411,769,51711,929,41411,682,017749,807
   > Long-term Assets 
0
36,811,447
39,566,444
37,028,173
35,921,876
32,963,883
42,441,687
49,023,558
49,023,55842,441,68732,963,88335,921,87637,028,17339,566,44436,811,4470
       Property Plant Equipment 
16,260,446
17,860,123
17,434,006
16,825,944
16,410,049
11,723,791
11,194,603
10,621,066
10,621,06611,194,60311,723,79116,410,04916,825,94417,434,00617,860,12316,260,446
       Intangible Assets 
1,243,290
1,915,137
3,291,332
3,577,616
3,517,712
3,426,073
3,395,693
3,268,973
3,268,9733,395,6933,426,0733,517,7123,577,6163,291,3321,915,1371,243,290
       Long-term Assets Other 
0
2,245,132
456,121
501,358
1
4,816,954
5,160,296
6,857,552
6,857,5525,160,2964,816,9541501,358456,1212,245,1320
> Total Liabilities 
10,060,479
11,138,206
10,711,163
8,895,913
9,627,099
9,279,646
11,497,270
11,227,434
11,227,43411,497,2709,279,6469,627,0998,895,91310,711,16311,138,20610,060,479
   > Total Current Liabilities 
4,084,260
4,372,677
4,117,902
2,461,989
2,972,465
3,497,502
4,224,444
4,939,552
4,939,5524,224,4443,497,5022,972,4652,461,9894,117,9024,372,6774,084,260
       Accounts payable 
0
971,011
1,098,828
1,095,999
1,371,876
1,759,712
2,089,456
2,033,176
2,033,1762,089,4561,759,7121,371,8761,095,9991,098,828971,0110
       Other Current Liabilities 
0
3,314,585
2,835,740
1,258,610
1,435,785
1,609,347
2,012,887
2,651,445
2,651,4452,012,8871,609,3471,435,7851,258,6102,835,7403,314,5850
   > Long-term Liabilities 
0
6,688,282
6,673,004
6,433,924
6,661,156
5,803,106
7,269,430
6,287,882
6,287,8827,269,4305,803,1066,661,1566,433,9246,673,0046,688,2820
       Other Liabilities 
0
6,763,102
6,271,769
6,433,924
6,640,739
5,505,043
6,378,459
6,283,011
6,283,0116,378,4595,505,0436,640,7396,433,9246,271,7696,763,1020
> Total Stockholder Equity
36,884,079
40,074,904
43,519,070
43,171,052
42,481,156
40,348,439
47,667,452
57,982,811
57,982,81147,667,45240,348,43942,481,15643,171,05243,519,07040,074,90436,884,079
   Common Stock
636,000
636,000
636,000
636,000
636,000
636,000
636,000
636,000
636,000636,000636,000636,000636,000636,000636,000636,000
   Retained Earnings 
34,102,125
36,236,630
38,674,743
39,604,778
39,008,002
38,377,251
42,986,891
53,863,192
53,863,19242,986,89138,377,25139,008,00239,604,77838,674,74336,236,63034,102,125
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
3,133,035
4,200,650
2,930,274
1,316,486
1,654,865
4,593,012
3,483,619
3,483,6194,593,0121,654,8651,316,4862,930,2744,200,6503,133,0350



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 (+$)
totalRevenue35,014,475
Cost of Revenue--102,878
Gross Profit35,117,35335,117,353
 
Operating Income (+$)
Gross Profit35,117,353
Operating Expense-22,347,420
Operating Income12,667,05512,769,933
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,493,995
Selling And Marketing Expenses0
Operating Expense22,347,4201,493,995
 
Net Interest Income (+$)
Interest Income3,640,603
Interest Expense-22,806
Other Finance Cost-3,640,603
Net Interest Income-22,806
 
Pretax Income (+$)
Operating Income12,667,055
Net Interest Income-22,806
Other Non-Operating Income Expenses0
Income Before Tax (EBT)16,579,90212,667,055
EBIT - interestExpense = 12,673,801
16,604,311
12,180,152
Interest Expense22,806
Earnings Before Interest and Taxes (EBIT)12,696,60716,602,708
Earnings Before Interest and Taxes (EBITDA)17,414,353
 
After tax Income (+$)
Income Before Tax16,579,902
Tax Provision-4,446,965
Net Income From Continuing Ops12,157,34612,132,937
Net Income12,157,346
Net Income Applicable To Common Shares12,157,346
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses19,479,644
Total Other Income/Expenses Net022,806
 

Technical Analysis of GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The general trend of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is NEUTRAL with 0.0% 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 (0.0%) Bearish trend (0.0%)
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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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: 362.55 < 408.00 < 423.20.

The bearish price targets are: 316.90 > 307.10 > 289.65.

Tweet this
GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-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 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

GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current macd is -17.92761297.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Moving Average Convergence/Divergence (MACD) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current adx is 51.21.

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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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.
GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current sar is 362.25.

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
GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current rsi is 36.67. 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
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Relative Strength Index (RSI) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Stochastic Oscillator ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current cci is -64.77981696.

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Commodity Channel Index (CCI) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current cmo is -28.26015023.

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
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Chande Momentum Oscillator (CMO) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current willr is -69.00114811.

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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Williams %R ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current atr is 18.62.

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Average True Range (ATR) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current obv is 33,200,228.

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily On-Balance Volume (OBV) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.. The current mfi is 43.99.

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
GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Money Flow Index (MFI) ChartGUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for GUJARAT MINERAL DEVELOPMENT CORPORATION 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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08DMI 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).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-24ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-20DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30STOCH 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
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09MACD 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
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.669
Ma 20Greater thanMa 50366.750
Ma 50Greater thanMa 100411.411
Ma 100Greater thanMa 200411.176
OpenGreater thanClose351.650
Total3/5 (60.0%)
Penke

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

  • Share my analysis of GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. with someone you think should read this too:
  • Are you bullish or bearish on GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about GUJARAT MINERAL DEVELOPMENT CORPORATION 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 GUJARAT MINERAL DEVELOPMENT CORPORATION LTD.

I send you an email if I find something interesting about GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..


Comments

How you think about this?

Leave a comment

Stay informed about GUJARAT MINERAL DEVELOPMENT CORPORATION LTD..

Receive notifications about GUJARAT MINERAL DEVELOPMENT CORPORATION LTD. in your mailbox!