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Godrej Agrovet Limited
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Let's analyse Godrej Agrovet Limited together

PenkeI guess you are interested in Godrej Agrovet Limited. 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 Godrej Agrovet Limited. 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.

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Quick analysis of Godrej Agrovet Limited (30 sec.)










What can you expect buying and holding a share of Godrej Agrovet Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.46
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR142.73
Expected worth in 1 year
INR154.12
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR49.60
Return On Investment
10.2%

For what price can you sell your share?

Current Price per Share
INR487.00
Expected price per share
INR434.36 - INR505.00
How sure are you?
50%

1. Valuation of Godrej Agrovet Limited (5 min.)




Live pricePrice per Share (EOD)

INR487.00

Intrinsic Value Per Share

INR-14.31 - INR457.19

Total Value Per Share

INR128.42 - INR599.92

2. Growth of Godrej Agrovet Limited (5 min.)




Is Godrej Agrovet Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$329.2m$322.6m$6.5m2.0%

How much money is Godrej Agrovet Limited making?

Current yearPrevious yearGrowGrow %
Making money$36.2m$48.3m-$12m-33.3%
Net Profit Margin3.2%4.9%--

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

3. Financial Health of Godrej Agrovet Limited (5 min.)




4. Comparing to competitors in the Farm Products industry (5 min.)




  Industry Rankings (Farm Products)  


Richest
#84 / 247

Most Revenue
#27 / 247

Most Profit
#24 / 247

Most Efficient
#101 / 247

What can you expect buying and holding a share of Godrej Agrovet Limited? (5 min.)

Welcome investor! Godrej Agrovet Limited's management wants to use your money to grow the business. In return you get a share of Godrej Agrovet Limited.

What can you expect buying and holding a share of Godrej Agrovet Limited?

First you should know what it really means to hold a share of Godrej Agrovet Limited. And how you can make/lose money.

Speculation

The Price per Share of Godrej Agrovet Limited is INR487.00. 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 Godrej Agrovet Limited.
  • 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 Godrej Agrovet Limited, 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 INR142.73. Based on the TTM, the Book Value Change Per Share is INR2.85 per quarter. Based on the YOY, the Book Value Change Per Share is INR11.83 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 INR9.55 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Godrej Agrovet Limited.

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 Eps0.190.0%0.190.0%0.250.1%0.210.0%0.160.0%
Usd Book Value Change Per Share0.030.0%0.030.0%0.140.0%0.130.0%0.150.0%
Usd Dividend Per Share0.110.0%0.110.0%0.100.0%0.080.0%0.060.0%
Usd Total Gains Per Share0.150.0%0.150.0%0.240.0%0.210.0%0.200.0%
Usd Price Per Share4.95-4.95-5.31-5.41-3.47-
Price to Earnings Ratio26.28-26.28-21.11-26.50-18.66-
Price-to-Total Gains Ratio33.28-33.28-21.99-26.46-26.11-
Price to Book Ratio2.89-2.89-3.16-3.62-2.54-
Price-to-Total Gains Ratio33.28-33.28-21.99-26.46-26.11-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.844
Number of shares171
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.110.08
Usd Book Value Change Per Share0.030.13
Usd Total Gains Per Share0.150.21
Gains per Quarter (171 shares)25.4436.21
Gains per Year (171 shares)101.78144.86
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17823925491135
215747194108182280
323570296162272425
431493398216363570
5392117500270454715
6470140602325545860
75491647043796351005
86271878064337261150
97062109084878171295
1078423410105419081440

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%11.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.01.090.9%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%

Fundamentals of Godrej Agrovet Limited

About Godrej Agrovet Limited

Godrej Agrovet Limited, an agri-business company, provides products and services that enhance crop and livestock yields in India and internationally. It operates through Animal Feed, Crop Protection, Vegetable Oil, Real Estate, Seed Business, Energy Generation through Windmill, and Cattle Breeding segments. The company offers animal feed, such as cattle, poultry, and aqua feed. It also engages in the oil palm cultivation with approximately 75,000 hectares of plantations across Andhra Pradesh, Telangana, Tamil Nadu, Goa, Maharashtra, and Mizoram producing crude palm oil, crude palm kernel oil, and palm kernel cake. In addition, the company produces and markets crop protection products, including plant growth regulators, bio-stimulants, herbicides, insecticides, fungicides, and fertilizers and organic manures. Further, it manufactures and markets poultry and meat products under the Real Good Chicken name; vegetarian and non-vegetarian ready-to-cook products under the Godrej Yummiez name; and processes and sells milk and milk products under the Godrej Jersey brand. Additionally, the company produces agrochemical active ingredients, intermediates, bulk and formulations, and pharmaceutical intermediates. The company was incorporated in 1991 and is based in Mumbai, India. Godrej Agrovet Limited is a subsidiary of Godrej Industries Limited.

Fundamental data was last updated by Penke on 2024-03-23 10:22:03.

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 operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not 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 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 overpriced.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Godrej Agrovet Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Godrej Agrovet Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • A Net Profit Margin of 3.2% means that ₹0.03 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Godrej Agrovet Limited:

  • The MRQ is 3.2%. The company is making a profit. +1
  • The TTM is 3.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.2%0.0%
TTM3.2%YOY4.9%-1.7%
TTM3.2%5Y4.6%-1.4%
5Y4.6%10Y5.1%-0.5%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%1.7%+1.5%
TTM3.2%1.7%+1.5%
YOY4.9%3.4%+1.5%
5Y4.6%2.1%+2.5%
10Y5.1%2.8%+2.3%
1.1.2. Return on Assets

Shows how efficient Godrej Agrovet Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • 5.5% Return on Assets means that Godrej Agrovet Limited generated ₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Godrej Agrovet Limited:

  • The MRQ is 5.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.5%TTM5.5%0.0%
TTM5.5%YOY7.2%-1.7%
TTM5.5%5Y6.6%-1.1%
5Y6.6%10Y7.8%-1.2%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ5.5%0.4%+5.1%
TTM5.5%0.6%+4.9%
YOY7.2%1.2%+6.0%
5Y6.6%0.7%+5.9%
10Y7.8%1.0%+6.8%
1.1.3. Return on Equity

Shows how efficient Godrej Agrovet Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • 12.9% Return on Equity means Godrej Agrovet Limited generated ₹0.13 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Godrej Agrovet Limited:

  • The MRQ is 12.9%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.9%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.9%TTM12.9%0.0%
TTM12.9%YOY17.7%-4.8%
TTM12.9%5Y16.2%-3.3%
5Y16.2%10Y21.9%-5.6%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ12.9%1.0%+11.9%
TTM12.9%1.4%+11.5%
YOY17.7%2.3%+15.4%
5Y16.2%1.4%+14.8%
10Y21.9%1.8%+20.1%

1.2. Operating Efficiency of Godrej Agrovet Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Godrej Agrovet Limited is operating .

  • Measures how much profit Godrej Agrovet Limited 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 Godrej Agrovet Limited to the Farm Products industry mean.
  • An Operating Margin of 5.1% means the company generated ₹0.05  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Godrej Agrovet Limited:

  • The MRQ is 5.1%. The company is operating less efficient.
  • The TTM is 5.1%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.1%0.0%
TTM5.1%YOY8.1%-3.0%
TTM5.1%5Y7.4%-2.3%
5Y7.4%10Y8.0%-0.6%
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%2.7%+2.4%
TTM5.1%2.1%+3.0%
YOY8.1%4.9%+3.2%
5Y7.4%4.0%+3.4%
10Y8.0%3.4%+4.6%
1.2.2. Operating Ratio

Measures how efficient Godrej Agrovet Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Farm Products industry mean).
  • An Operation Ratio of 0.96 means that the operating costs are ₹0.96 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Godrej Agrovet Limited:

  • The MRQ is 0.964. The company is less efficient in keeping operating costs low.
  • The TTM is 0.964. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.964TTM0.9640.000
TTM0.964YOY0.934+0.030
TTM0.9645Y0.941+0.023
5Y0.94110Y0.933+0.008
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9641.605-0.641
TTM0.9641.550-0.586
YOY0.9341.448-0.514
5Y0.9411.530-0.589
10Y0.9331.244-0.311

1.3. Liquidity of Godrej Agrovet Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Godrej Agrovet Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Farm Products industry mean).
  • A Current Ratio of 0.97 means the company has ₹0.97 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Godrej Agrovet Limited:

  • The MRQ is 0.970. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.970. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.970TTM0.9700.000
TTM0.970YOY1.061-0.091
TTM0.9705Y1.014-0.044
5Y1.01410Y0.945+0.069
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9701.577-0.607
TTM0.9701.611-0.641
YOY1.0611.687-0.626
5Y1.0141.696-0.682
10Y0.9451.468-0.523
1.3.2. Quick Ratio

Measures if Godrej Agrovet Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • A Quick Ratio of 0.31 means the company can pay off ₹0.31 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Godrej Agrovet Limited:

  • The MRQ is 0.313. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.313. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.313TTM0.3130.000
TTM0.313YOY0.453-0.141
TTM0.3135Y0.460-0.148
5Y0.46010Y0.452+0.008
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3130.419-0.106
TTM0.3130.460-0.147
YOY0.4530.567-0.114
5Y0.4600.578-0.118
10Y0.4520.577-0.125

1.4. Solvency of Godrej Agrovet Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Godrej Agrovet Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Godrej Agrovet Limited to Farm Products industry mean.
  • A Debt to Asset Ratio of 0.50 means that Godrej Agrovet Limited assets are financed with 50.0% credit (debt) and the remaining percentage (100% - 50.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Godrej Agrovet Limited:

  • The MRQ is 0.500. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.500. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.500TTM0.5000.000
TTM0.500YOY0.519-0.019
TTM0.5005Y0.510-0.010
5Y0.51010Y0.566-0.057
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5000.492+0.008
TTM0.5000.493+0.007
YOY0.5190.488+0.031
5Y0.5100.489+0.021
10Y0.5660.480+0.086
1.4.2. Debt to Equity Ratio

Measures if Godrej Agrovet Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • A Debt to Equity ratio of 117.3% means that company has ₹1.17 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Godrej Agrovet Limited:

  • The MRQ is 1.173. The company is able to pay all its debts with equity. +1
  • The TTM is 1.173. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.173TTM1.1730.000
TTM1.173YOY1.276-0.103
TTM1.1735Y1.252-0.079
5Y1.25210Y1.599-0.346
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1730.931+0.242
TTM1.1730.978+0.195
YOY1.2760.960+0.316
5Y1.2521.021+0.231
10Y1.5991.062+0.537

2. Market Valuation of Godrej Agrovet Limited

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 Godrej Agrovet Limited generates.

  • Above 15 is considered overpriced but always compare Godrej Agrovet Limited to the Farm Products industry mean.
  • A PE ratio of 26.28 means the investor is paying ₹26.28 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Godrej Agrovet Limited:

  • The EOD is 31.007. Based on the earnings, the company is overpriced. -1
  • The MRQ is 26.276. Based on the earnings, the company is overpriced. -1
  • The TTM is 26.276. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD31.007MRQ26.276+4.731
MRQ26.276TTM26.2760.000
TTM26.276YOY21.110+5.166
TTM26.2765Y26.501-0.225
5Y26.50110Y18.665+7.837
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD31.0076.656+24.351
MRQ26.2767.008+19.268
TTM26.2767.351+18.925
YOY21.1106.965+14.145
5Y26.5017.950+18.551
10Y18.66513.055+5.610
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Godrej Agrovet Limited:

  • The EOD is 18.184. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 15.410. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 15.410. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD18.184MRQ15.410+2.774
MRQ15.410TTM15.4100.000
TTM15.410YOY-21.731+37.141
TTM15.4105Y-57.613+73.023
5Y-57.61310Y-17.424-40.189
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD18.1841.799+16.385
MRQ15.4101.901+13.509
TTM15.410-0.402+15.812
YOY-21.731-0.373-21.358
5Y-57.613-1.768-55.845
10Y-17.424-1.554-15.870
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Godrej Agrovet Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Farm Products industry mean).
  • A PB ratio of 2.89 means the investor is paying ₹2.89 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Godrej Agrovet Limited:

  • The EOD is 3.412. Based on the equity, the company is fair priced.
  • The MRQ is 2.891. Based on the equity, the company is underpriced. +1
  • The TTM is 2.891. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.412MRQ2.891+0.521
MRQ2.891TTM2.8910.000
TTM2.891YOY3.161-0.269
TTM2.8915Y3.618-0.727
5Y3.61810Y2.539+1.080
Compared to industry (Farm Products)
PeriodCompanyIndustry (mean)+/- 
EOD3.4121.279+2.133
MRQ2.8911.374+1.517
TTM2.8911.380+1.511
YOY3.1611.650+1.511
5Y3.6181.760+1.858
10Y2.5392.132+0.407
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Godrej Agrovet Limited 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--2.8482.8480%11.827-76%11.058-74%12.121-77%
Book Value Per Share--142.730142.7300%139.882+2%126.569+13%89.919+59%
Current Ratio--0.9700.9700%1.061-9%1.014-4%0.945+3%
Debt To Asset Ratio--0.5000.5000%0.519-4%0.510-2%0.566-12%
Debt To Equity Ratio--1.1731.1730%1.276-8%1.252-6%1.599-27%
Dividend Per Share--9.5529.5520%8.276+15%6.590+45%4.931+94%
Eps--15.70615.7060%20.945-25%17.176-9%13.496+16%
Free Cash Flow Per Share--26.78226.7820%-20.346+176%0.149+17916%4.519+493%
Free Cash Flow To Equity Per Share---4.141-4.1410%-4.175+1%-2.710-35%-0.244-94%
Gross Profit Margin--0.5750.5750%0.506+14%0.597-4%0.665-13%
Intrinsic Value_10Y_max--457.186--------
Intrinsic Value_10Y_min---14.308--------
Intrinsic Value_1Y_max--13.452--------
Intrinsic Value_1Y_min---2.121--------
Intrinsic Value_3Y_max--65.080--------
Intrinsic Value_3Y_min---5.815--------
Intrinsic Value_5Y_max--146.443--------
Intrinsic Value_5Y_min---8.870--------
Market Cap93606760896.000+15%79330573243.40079330573243.4000%84986097187.200-7%86676649995.880-8%55597543088.180+43%
Net Profit Margin--0.0320.0320%0.049-34%0.046-30%0.051-37%
Operating Margin--0.0510.0510%0.081-37%0.074-31%0.080-36%
Operating Ratio--0.9640.9640%0.934+3%0.941+2%0.933+3%
Pb Ratio3.412+15%2.8912.8910%3.161-9%3.618-20%2.539+14%
Pe Ratio31.007+15%26.27626.2760%21.110+24%26.501-1%18.665+41%
Price Per Share487.000+15%412.700412.7000%442.150-7%450.940-8%289.250+43%
Price To Free Cash Flow Ratio18.184+15%15.41015.4100%-21.731+241%-57.613+474%-17.424+213%
Price To Total Gains Ratio39.274+15%33.28233.2820%21.994+51%26.461+26%26.110+27%
Quick Ratio--0.3130.3130%0.453-31%0.460-32%0.452-31%
Return On Assets--0.0550.0550%0.072-24%0.066-17%0.078-29%
Return On Equity--0.1290.1290%0.177-27%0.162-20%0.219-41%
Total Gains Per Share--12.40012.4000%20.103-38%17.648-30%17.052-27%
Usd Book Value--329232000.000329232000.0000%322642800.000+2%291940560.000+13%207402937.200+59%
Usd Book Value Change Per Share--0.0340.0340%0.142-76%0.133-74%0.145-77%
Usd Book Value Per Share--1.7131.7130%1.679+2%1.519+13%1.079+59%
Usd Dividend Per Share--0.1150.1150%0.099+15%0.079+45%0.059+94%
Usd Eps--0.1880.1880%0.251-25%0.206-9%0.162+16%
Usd Free Cash Flow--61777200.00061777200.0000%-46929600.000+176%343680.000+17875%10422613.200+493%
Usd Free Cash Flow Per Share--0.3210.3210%-0.244+176%0.002+17916%0.054+493%
Usd Free Cash Flow To Equity Per Share---0.050-0.0500%-0.050+1%-0.033-35%-0.003-94%
Usd Market Cap1123281130.752+15%951966878.921951966878.9210%1019833166.246-7%1040119799.951-8%667170517.058+43%
Usd Price Per Share5.844+15%4.9524.9520%5.306-7%5.411-8%3.471+43%
Usd Profit--36229200.00036229200.0000%48310800.000-25%39134880.000-7%32877576.000+10%
Usd Revenue--1122337200.0001122337200.0000%989448000.000+13%866695920.000+29%674672815.200+66%
Usd Total Gains Per Share--0.1490.1490%0.241-38%0.212-30%0.205-27%
 EOD+4 -4MRQTTM+0 -0YOY+17 -195Y+15 -2110Y+19 -17

3.2. Fundamental Score

Let's check the fundamental score of Godrej Agrovet Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1531.007
Price to Book Ratio (EOD)Between0-13.412
Net Profit Margin (MRQ)Greater than00.032
Operating Margin (MRQ)Greater than00.051
Quick Ratio (MRQ)Greater than10.313
Current Ratio (MRQ)Greater than10.970
Debt to Asset Ratio (MRQ)Less than10.500
Debt to Equity Ratio (MRQ)Less than11.173
Return on Equity (MRQ)Greater than0.150.129
Return on Assets (MRQ)Greater than0.050.055
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Godrej Agrovet Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.675
Ma 20Greater thanMa 50504.453
Ma 50Greater thanMa 100519.854
Ma 100Greater thanMa 200521.401
OpenGreater thanClose487.200
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets54,859,500
Total Liabilities27,423,500
Total Stockholder Equity23,375,300
 As reported
Total Liabilities 27,423,500
Total Stockholder Equity+ 23,375,300
Total Assets = 54,859,500

Assets

Total Assets54,859,500
Total Current Assets23,054,900
Long-term Assets31,804,600
Total Current Assets
Cash And Cash Equivalents 267,200
Short-term Investments 687,100
Net Receivables 5,794,300
Inventory 14,419,700
Other Current Assets 1,886,600
Total Current Assets  (as reported)23,054,900
Total Current Assets  (calculated)23,054,900
+/-0
Long-term Assets
Property Plant Equipment 23,883,000
Goodwill 2,648,800
Intangible Assets 856,500
Long-term Assets Other 2,408,400
Long-term Assets  (as reported)31,804,600
Long-term Assets  (calculated)29,796,700
+/- 2,007,900

Liabilities & Shareholders' Equity

Total Current Liabilities23,779,800
Long-term Liabilities3,643,700
Total Stockholder Equity23,375,300
Total Current Liabilities
Short-term Debt 12,865,600
Short Long Term Debt 12,667,700
Accounts payable 7,043,300
Other Current Liabilities 965,500
Total Current Liabilities  (as reported)23,779,800
Total Current Liabilities  (calculated)33,542,100
+/- 9,762,300
Long-term Liabilities
Long term Debt Total 1,464,400
Long term Debt 547,000
Capital Lease Obligations 1,115,300
Long-term Liabilities Other 146,500
Long-term Liabilities  (as reported)3,643,700
Long-term Liabilities  (calculated)3,273,200
+/- 370,500
Total Stockholder Equity
Common Stock1,921,600
Retained Earnings 18,782,100
Accumulated Other Comprehensive Income -1,667,300
Capital Surplus 4,338,900
Total Stockholder Equity (as reported)23,375,300
Total Stockholder Equity (calculated)23,375,300
+/-0
Other
Capital Stock1,921,600
Cash And Equivalents27,900
Cash and Short Term Investments 954,300
Common Stock Shares Outstanding 192,223
Current Deferred Revenue2,905,400
Liabilities and Stockholders Equity 54,859,500
Net Debt 14,062,800
Net Invested Capital 36,590,000
Net Working Capital -724,900
Property Plant and Equipment Gross 23,883,000
Short Long Term Debt Total 14,330,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-31
> Total Assets 
12,143,500
15,761,110
17,528,850
31,232,090
32,148,640
35,524,727
42,336,100
47,000,400
47,989,300
55,839,900
54,859,500
54,859,50055,839,90047,989,30047,000,40042,336,10035,524,72732,148,64031,232,09017,528,85015,761,11012,143,500
   > Total Current Assets 
5,799,910
7,787,210
8,568,870
14,678,680
14,224,090
15,886,034
18,642,700
21,323,500
21,375,700
27,964,700
23,054,900
23,054,90027,964,70021,375,70021,323,50018,642,70015,886,03414,224,09014,678,6808,568,8707,787,2105,799,910
       Cash And Cash Equivalents 
212,510
1,138,590
130,390
314,300
538,190
298,518
278,000
487,500
486,300
313,600
267,200
267,200313,600486,300487,500278,000298,518538,190314,300130,3901,138,590212,510
       Short-term Investments 
25,330
70,370
422,160
672,960
39,860
90,855
125,900
167,100
195,100
29,600
687,100
687,10029,600195,100167,100125,90090,85539,860672,960422,16070,37025,330
       Net Receivables 
0
3,174,150
3,733,530
6,404,410
5,557,378
6,476,400
8,355,500
10,815,900
9,703,700
11,578,400
5,794,300
5,794,30011,578,4009,703,70010,815,9008,355,5006,476,4005,557,3786,404,4103,733,5303,174,1500
       Inventory 
2,781,930
3,192,820
3,887,790
6,665,390
7,380,680
7,628,559
9,517,200
9,435,700
10,419,400
15,067,000
14,419,700
14,419,70015,067,00010,419,4009,435,7009,517,2007,628,5597,380,6806,665,3903,887,7903,192,8202,781,930
       Other Current Assets 
2,780,140
3,385,430
4,128,530
7,026,030
6,265,360
7,868,102
366,100
417,300
571,200
976,100
1,886,600
1,886,600976,100571,200417,300366,1007,868,1026,265,3607,026,0304,128,5303,385,4302,780,140
   > Long-term Assets 
6,343,590
7,973,900
8,959,980
16,553,410
17,924,550
19,638,693
23,693,400
25,676,900
26,613,600
27,875,200
31,804,600
31,804,60027,875,20026,613,60025,676,90023,693,40019,638,69317,924,55016,553,4108,959,9807,973,9006,343,590
       Property Plant Equipment 
4,107,640
5,878,230
6,592,580
11,599,260
12,718,770
14,371,648
18,138,300
19,781,100
20,906,300
21,402,000
23,883,000
23,883,00021,402,00020,906,30019,781,10018,138,30014,371,64812,718,77011,599,2606,592,5805,878,2304,107,640
       Goodwill 
10,140
0
0
1,948,670
1,948,670
1,948,672
2,648,800
2,648,800
2,648,800
2,648,800
2,648,800
2,648,8002,648,8002,648,8002,648,8002,648,8001,948,6721,948,6701,948,6700010,140
       Long Term Investments 
0
1,290,420
1,494,310
1,550,820
1,754,592
1,952,500
1,165,300
0
0
0
0
00001,165,3001,952,5001,754,5921,550,8201,494,3101,290,4200
       Intangible Assets 
317,570
260,200
217,990
606,440
561,120
500,901
655,200
662,900
661,800
714,900
856,500
856,500714,900661,800662,900655,200500,901561,120606,440217,990260,200317,570
       Long-term Assets Other 
805,510
593,380
969,020
1,407,730
913,450
890,478
1,169,500
1,014,300
963,400
1,238,100
2,408,400
2,408,4001,238,100963,4001,014,3001,169,500890,478913,4501,407,730969,020593,380805,510
> Total Liabilities 
8,006,390
10,574,370
11,124,720
21,077,010
19,507,180
18,718,256
21,836,700
24,794,400
23,375,700
28,953,000
27,423,500
27,423,50028,953,00023,375,70024,794,40021,836,70018,718,25619,507,18021,077,01011,124,72010,574,3708,006,390
   > Total Current Liabilities 
6,668,700
8,390,930
9,705,780
18,845,920
17,074,820
16,641,697
18,832,400
22,102,400
19,720,200
26,357,400
23,779,800
23,779,80026,357,40019,720,20022,102,40018,832,40016,641,69717,074,82018,845,9209,705,7808,390,9306,668,700
       Short-term Debt 
3,740,320
4,555,610
6,127,200
13,548,730
6,433,720
3,956,544
3,337,400
5,996,200
8,558,900
15,311,800
12,865,600
12,865,60015,311,8008,558,9005,996,2003,337,4003,956,5446,433,72013,548,7306,127,2004,555,6103,740,320
       Short Long Term Debt 
0
6,205,380
3,110
942,080
6,433,720
3,956,544
3,337,400
5,875,500
7,940,600
15,187,200
12,667,700
12,667,70015,187,2007,940,6005,875,5003,337,4003,956,5446,433,720942,0803,1106,205,3800
       Accounts payable 
1,827,410
2,296,390
2,140,900
3,349,110
8,404,770
9,550,149
12,394,400
12,885,100
7,326,100
6,948,200
7,043,300
7,043,3006,948,2007,326,10012,885,10012,394,4009,550,1498,404,7703,349,1102,140,9002,296,3901,827,410
       Other Current Liabilities 
1,100,970
1,538,930
1,437,680
1,948,080
2,236,330
2,988,648
2,975,300
133,300
209,900
205,600
965,500
965,500205,600209,900133,3002,975,3002,988,6482,236,3301,948,0801,437,6801,538,9301,100,970
   > Long-term Liabilities 
1,337,690
2,183,440
1,418,940
2,231,090
2,432,360
2,076,559
3,004,300
2,692,000
3,655,500
2,595,600
3,643,700
3,643,7002,595,6003,655,5002,692,0003,004,3002,076,5592,432,3602,231,0901,418,9402,183,4401,337,690
       Long term Debt Total 
0
0
0
0
205,581
141,400
642,100
637,800
1,676,200
675,000
1,464,400
1,464,400675,0001,676,200637,800642,100141,400205,5810000
       Other Liabilities 
0
533,670
697,990
2,023,290
2,219,153
1,935,200
2,362,200
2,054,200
1,979,300
1,920,600
0
01,920,6001,979,3002,054,2002,362,2001,935,2002,219,1532,023,290697,990533,6700
> Total Stockholder Equity
4,137,110
5,186,740
6,404,130
7,832,010
10,096,790
14,113,698
16,489,800
18,381,400
20,511,000
22,684,200
23,375,300
23,375,30022,684,20020,511,00018,381,40016,489,80014,113,69810,096,7907,832,0106,404,1305,186,7404,137,110
   Common Stock
132,240
132,240
925,650
925,650
1,851,310
1,920,287
1,920,300
1,920,400
1,920,700
1,921,100
1,921,600
1,921,6001,921,1001,920,7001,920,4001,920,3001,920,2871,851,310925,650925,650132,240132,240
   Retained Earnings 
2,728,420
3,709,170
4,176,520
5,772,750
7,469,210
8,490,474
10,909,900
13,064,800
15,167,800
17,642,100
18,782,100
18,782,10017,642,10015,167,80013,064,80010,909,9008,490,4747,469,2105,772,7504,176,5203,709,1702,728,420
   Accumulated Other Comprehensive Income -1,667,300-1,194,500-872,200-4,295,000-2,899,400-1,991,409-1,173,830-483,170-792,010-457,130-205,800
   Capital Surplus 
0
0
0
0
1,306,214
4,265,900
4,270,200
4,277,700
4,294,700
4,315,500
4,338,900
4,338,9004,315,5004,294,7004,277,7004,270,2004,265,9001,306,2140000
   Treasury Stock0000000-5,870000
   Other Stockholders Equity 
1,482,250
1,802,460
2,093,970
1,616,780
1,950,100
5,694,346
6,559,000
-15,166,600
3,422,500
3,121,000
2,671,600
2,671,6003,121,0003,422,500-15,166,6006,559,0005,694,3461,950,1001,616,7802,093,9701,802,4601,482,250



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 (+$)
totalRevenue93,528,100
Cost of Revenue-73,890,500
Gross Profit19,637,60019,637,600
 
Operating Income (+$)
Gross Profit19,637,600
Operating Expense-16,264,400
Operating Income3,391,1003,373,200
 
Operating Expense (+$)
Research Development72,200
Selling General Administrative145,400
Selling And Marketing Expenses1,283,300
Operating Expense16,264,4001,500,900
 
Net Interest Income (+$)
Interest Income671,400
Interest Expense-991,200
Other Finance Cost-671,400
Net Interest Income-991,200
 
Pretax Income (+$)
Operating Income3,391,100
Net Interest Income-991,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,776,8003,005,400
EBIT - interestExpense = 3,776,800
3,842,300
4,010,300
Interest Expense991,200
Earnings Before Interest and Taxes (EBIT)4,768,0004,768,000
Earnings Before Interest and Taxes (EBITDA)6,622,700
 
After tax Income (+$)
Income Before Tax3,776,800
Tax Provision-823,200
Net Income From Continuing Ops2,953,6002,953,600
Net Income3,019,100
Net Income Applicable To Common Shares3,019,100
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses90,154,900
Total Other Income/Expenses Net385,700991,200
 

Technical Analysis of Godrej Agrovet Limited
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 Godrej Agrovet Limited. The general trend of Godrej Agrovet Limited is BEARISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Godrej Agrovet Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-28.6%) Bearish trend (28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Godrej Agrovet Limited.

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: 489.00 < 504.00 < 505.00.

The bearish price targets are: 447.40 > 446.35 > 434.36.

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Godrej Agrovet Limited 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 Godrej Agrovet Limited. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

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

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

Godrej Agrovet Limited 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 Godrej Agrovet Limited. The current macd is -8.79842946.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 Godrej Agrovet Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Godrej Agrovet Limited. 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 Godrej Agrovet Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Godrej Agrovet Limited Daily Moving Average Convergence/Divergence (MACD) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current adx is 13.72.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 Godrej Agrovet Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Godrej Agrovet Limited 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 Godrej Agrovet Limited. The current sar is 517.40.

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
Godrej Agrovet Limited 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 Godrej Agrovet Limited. The current rsi is 36.68. The current phase is Continuation in bear 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).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Godrej Agrovet Limited Daily Relative Strength Index (RSI) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 Godrej Agrovet Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Godrej Agrovet Limited Daily Stochastic Oscillator ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current cci is -117.11998063.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Godrej Agrovet Limited Daily Commodity Channel Index (CCI) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current cmo is -31.07405239.

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
Godrej Agrovet Limited Daily Chande Momentum Oscillator (CMO) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current willr is -87.73006135.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Godrej Agrovet Limited Daily Williams %R ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited.

Godrej Agrovet Limited 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 Godrej Agrovet Limited. The current atr is 12.78.

Godrej Agrovet Limited Daily Average True Range (ATR) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current obv is 22,782,759.

Godrej Agrovet Limited Daily On-Balance Volume (OBV) ChartGodrej Agrovet Limited 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 Godrej Agrovet Limited. The current mfi is 43.89.

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
Godrej Agrovet Limited Daily Money Flow Index (MFI) ChartGodrej Agrovet Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Godrej Agrovet Limited.

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
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line 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.
2023-11-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-01MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH 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.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02CCI 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
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-12SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-04DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Godrej Agrovet Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Godrej Agrovet Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.675
Ma 20Greater thanMa 50504.453
Ma 50Greater thanMa 100519.854
Ma 100Greater thanMa 200521.401
OpenGreater thanClose487.200
Total2/5 (40.0%)
Penke

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