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Greaves Cotton Limited
Buy, Hold or Sell?

Let's analyse Greaves Cotton Limited together

PenkeI guess you are interested in Greaves Cotton 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 Greaves Cotton 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 Greaves Cotton Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR84.37
Expected worth in 1 year
INR293.35
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR209.78
Return On Investment
165.7%

For what price can you sell your share?

Current Price per Share
INR126.60
Expected price per share
INR121.05 - INR146.00
How sure are you?
50%

1. Valuation of Greaves Cotton Limited (5 min.)




Live pricePrice per Share (EOD)

INR126.60

Intrinsic Value Per Share

INR-152.15 - INR-14.75

Total Value Per Share

INR-67.78 - INR69.62

2. Growth of Greaves Cotton Limited (5 min.)




Is Greaves Cotton Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$236.1m$89.9m$146.1m61.9%

How much money is Greaves Cotton Limited making?

Current yearPrevious yearGrowGrow %
Making money$9.3m-$4.2m$13.5m145.2%
Net Profit Margin2.9%-2.1%--

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

3. Financial Health of Greaves Cotton Limited (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#343 / 738

Most Revenue
#179 / 738

Most Profit
#262 / 738

Most Efficient
#464 / 738

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

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

What can you expect buying and holding a share of Greaves Cotton Limited?

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

Speculation

The Price per Share of Greaves Cotton Limited is INR126.60. 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 Greaves Cotton 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 Greaves Cotton 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 INR84.37. Based on the TTM, the Book Value Change Per Share is INR52.25 per quarter. Based on the YOY, the Book Value Change Per Share is INR-1.60 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Greaves Cotton 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 Eps0.040.0%0.040.0%-0.020.0%0.030.0%0.050.0%
Usd Book Value Change Per Share0.630.5%0.630.5%-0.020.0%0.110.1%0.070.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.020.0%0.040.0%
Usd Total Gains Per Share0.630.5%0.630.5%-0.020.0%0.130.1%0.100.1%
Usd Price Per Share1.51-1.51-2.29-1.57-1.55-
Price to Earnings Ratio37.67-37.67--126.19--42.54--10.19-
Price-to-Total Gains Ratio2.40-2.40--135.86-21.37-23.14-
Price to Book Ratio1.49-1.49-5.95-3.35-3.45-
Price-to-Total Gains Ratio2.40-2.40--135.86-21.37-23.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.5192
Number of shares658
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share0.630.11
Usd Total Gains Per Share0.630.13
Gains per Quarter (658 shares)414.1183.13
Gains per Year (658 shares)1,656.44332.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
161650164647286323
2133300330294571656
31949514958141857989
4256601661418711431322
5318251827023414281655
6389901992628117141988
744115511158232820002321
850132011323837522852654
956148521489442225712987
1063165021655046928563320

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%1.02.00.033.3%3.02.00.060.0%8.02.00.080.0%14.02.00.087.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%14.02.00.087.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%14.02.00.087.5%

Fundamentals of Greaves Cotton Limited

About Greaves Cotton Limited

Greaves Cotton Limited operates engineering and mobility retail business in India, Middle East, Africa, and South East Asia. It operates through Engines, Electric Mobility, and Others segments. The company also provides engines for farm equipment, genset, and spares; and manufactures and trades electric vehicles and spare parts, as well as operates care and aftermarket spare business. In addition, it engages in designing and manufacturing 2-wheeler and 3-wheeler electric vehicles under the Ampere, ELE, and Teja brands; and offers fuel agnostic mobility solution including clean mobility and energy solution in the e3W, ICE 3W, and SCV segment for last-mile mobility solution. Further, the company provides engineering services, which includes auto engines, such as diesel, petrol, CNG/LPG for passenger and cargo last mile small commercial application; and non-automotive applications including power, agriculture, industrial, and light construction solutions. Greaves Cotton Limited was founded in 1859 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 10:30:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient 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 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 underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Greaves Cotton Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Greaves Cotton Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 2.9% 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 Greaves Cotton Limited:

  • The MRQ is 2.9%. The company is making a profit. +1
  • The TTM is 2.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY-2.1%+5.0%
TTM2.9%5Y2.5%+0.3%
5Y2.5%10Y6.0%-3.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%5.5%-2.6%
TTM2.9%5.2%-2.3%
YOY-2.1%5.1%-7.2%
5Y2.5%4.5%-2.0%
10Y6.0%4.7%+1.3%
1.1.2. Return on Assets

Shows how efficient Greaves Cotton Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • 2.9% Return on Assets means that Greaves Cotton Limited generated ₹0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Greaves Cotton Limited:

  • The MRQ is 2.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY-2.1%+5.0%
TTM2.9%5Y3.7%-0.8%
5Y3.7%10Y8.3%-4.6%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%1.1%+1.8%
TTM2.9%1.0%+1.9%
YOY-2.1%1.1%-3.2%
5Y3.7%1.0%+2.7%
10Y8.3%1.1%+7.2%
1.1.3. Return on Equity

Shows how efficient Greaves Cotton Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • 4.9% Return on Equity means Greaves Cotton Limited generated ₹0.05 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Greaves Cotton Limited:

  • The MRQ is 4.9%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.9%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM4.9%0.0%
TTM4.9%YOY-4.7%+9.6%
TTM4.9%5Y5.5%-0.5%
5Y5.5%10Y11.6%-6.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%2.3%+2.6%
TTM4.9%2.1%+2.8%
YOY-4.7%2.2%-6.9%
5Y5.5%2.0%+3.5%
10Y11.6%2.2%+9.4%

1.2. Operating Efficiency of Greaves Cotton Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Greaves Cotton Limited is operating .

  • Measures how much profit Greaves Cotton 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 Greaves Cotton Limited to the Specialty Industrial Machinery 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 Greaves Cotton 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%YOY-0.7%+5.8%
TTM5.1%5Y5.1%+0.0%
5Y5.1%10Y9.2%-4.2%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%7.9%-2.8%
TTM5.1%4.7%+0.4%
YOY-0.7%6.2%-6.9%
5Y5.1%6.2%-1.1%
10Y9.2%5.0%+4.2%
1.2.2. Operating Ratio

Measures how efficient Greaves Cotton Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.97 means that the operating costs are ₹0.97 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Greaves Cotton Limited:

  • The MRQ is 0.972. The company is less efficient in keeping operating costs low.
  • The TTM is 0.972. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.972TTM0.9720.000
TTM0.972YOY1.017-0.045
TTM0.9725Y0.958+0.013
5Y0.95810Y0.924+0.034
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9721.534-0.562
TTM0.9721.554-0.582
YOY1.0171.550-0.533
5Y0.9581.523-0.565
10Y0.9241.248-0.324

1.3. Liquidity of Greaves Cotton Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Greaves Cotton Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 2.30 means the company has ₹2.30 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Greaves Cotton Limited:

  • The MRQ is 2.295. The company is able to pay all its short-term debts. +1
  • The TTM is 2.295. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.295TTM2.2950.000
TTM2.295YOY1.528+0.767
TTM2.2955Y1.789+0.506
5Y1.78910Y2.098-0.309
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2951.674+0.621
TTM2.2951.688+0.607
YOY1.5281.649-0.121
5Y1.7891.740+0.049
10Y2.0981.534+0.564
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 3.32 means the company can pay off ₹3.32 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Greaves Cotton Limited:

  • The MRQ is 3.318. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 3.318. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ3.318TTM3.3180.000
TTM3.318YOY1.714+1.604
TTM3.3185Y1.900+1.418
5Y1.90010Y2.281-0.381
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3180.717+2.601
TTM3.3180.749+2.569
YOY1.7140.814+0.900
5Y1.9000.858+1.042
10Y2.2810.860+1.421

1.4. Solvency of Greaves Cotton Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Greaves Cotton Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Greaves Cotton Limited to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.28 means that Greaves Cotton Limited assets are financed with 27.8% credit (debt) and the remaining percentage (100% - 27.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Greaves Cotton Limited:

  • The MRQ is 0.278. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.278. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.278TTM0.2780.000
TTM0.278YOY0.544-0.266
TTM0.2785Y0.380-0.102
5Y0.38010Y0.332+0.048
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2780.499-0.221
TTM0.2780.503-0.225
YOY0.5440.504+0.040
5Y0.3800.497-0.117
10Y0.3320.491-0.159
1.4.2. Debt to Equity Ratio

Measures if Greaves Cotton Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 47.7% means that company has ₹0.48 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Greaves Cotton Limited:

  • The MRQ is 0.477. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.477. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.477TTM0.4770.000
TTM0.477YOY1.194-0.717
TTM0.4775Y0.674-0.197
5Y0.67410Y0.536+0.138
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4770.998-0.521
TTM0.4771.016-0.539
YOY1.1941.013+0.181
5Y0.6741.052-0.378
10Y0.5361.032-0.496

2. Market Valuation of Greaves Cotton 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 Greaves Cotton Limited generates.

  • Above 15 is considered overpriced but always compare Greaves Cotton Limited to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 37.67 means the investor is paying ₹37.67 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Greaves Cotton Limited:

  • The EOD is 37.838. Based on the earnings, the company is overpriced. -1
  • The MRQ is 37.674. Based on the earnings, the company is overpriced. -1
  • The TTM is 37.674. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD37.838MRQ37.674+0.164
MRQ37.674TTM37.6740.000
TTM37.674YOY-126.195+163.869
TTM37.6745Y-42.544+80.218
5Y-42.54410Y-10.186-32.358
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD37.83819.476+18.362
MRQ37.67418.616+19.058
TTM37.67419.352+18.322
YOY-126.19517.955-144.150
5Y-42.54421.955-64.499
10Y-10.18628.443-38.629
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -13.788. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -13.728. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.728. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-13.788MRQ-13.728-0.060
MRQ-13.728TTM-13.7280.000
TTM-13.728YOY-34.605+20.877
TTM-13.7285Y19.178-32.906
5Y19.17810Y22.362-3.184
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-13.7885.476-19.264
MRQ-13.7284.966-18.694
TTM-13.7282.621-16.349
YOY-34.605-0.130-34.475
5Y19.1780.502+18.676
10Y22.3622.022+20.340
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 1.49 means the investor is paying ₹1.49 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Greaves Cotton Limited:

  • The EOD is 1.501. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.494. Based on the equity, the company is underpriced. +1
  • The TTM is 1.494. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.501MRQ1.494+0.007
MRQ1.494TTM1.4940.000
TTM1.494YOY5.945-4.451
TTM1.4945Y3.353-1.859
5Y3.35310Y3.451-0.098
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD1.5012.115-0.614
MRQ1.4942.124-0.630
TTM1.4942.181-0.687
YOY5.9452.361+3.584
5Y3.3532.377+0.976
10Y3.4512.932+0.519
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Greaves Cotton 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--52.24752.2470%-1.603+103%9.044+478%5.434+862%
Book Value Per Share--84.36684.3660%32.119+163%44.765+88%40.333+109%
Current Ratio--2.2952.2950%1.528+50%1.789+28%2.098+9%
Debt To Asset Ratio--0.2780.2780%0.544-49%0.380-27%0.332-16%
Debt To Equity Ratio--0.4770.4770%1.194-60%0.674-29%0.536-11%
Dividend Per Share--0.1990.1990%0.198+0%1.484-87%3.057-94%
Eps--3.3463.3460%-1.513+145%2.633+27%4.555-27%
Free Cash Flow Per Share---9.182-9.1820%-5.518-40%-1.318-86%2.484-470%
Free Cash Flow To Equity Per Share--28.91928.9190%3.485+730%4.492+544%2.968+874%
Gross Profit Margin--0.4780.4780%1.638-71%1.173-59%1.068-55%
Intrinsic Value_10Y_max---14.750--------
Intrinsic Value_10Y_min---152.146--------
Intrinsic Value_1Y_max--1.634--------
Intrinsic Value_1Y_min---6.524--------
Intrinsic Value_3Y_max--2.537--------
Intrinsic Value_3Y_min---27.272--------
Intrinsic Value_5Y_max--0.581--------
Intrinsic Value_5Y_min---56.268--------
Market Cap29371200000.0000%29397070538.85029397070538.8500%44546701631.250-34%30840810165.150-5%31000798603.575-5%
Net Profit Margin--0.0290.0290%-0.021+172%0.025+13%0.060-51%
Operating Margin--0.0510.0510%-0.007+115%0.051+0%0.092-45%
Operating Ratio--0.9720.9720%1.017-4%0.958+1%0.924+5%
Pb Ratio1.501+0%1.4941.4940%5.945-75%3.353-55%3.451-57%
Pe Ratio37.838+0%37.67437.6740%-126.195+435%-42.544+213%-10.186+127%
Price Per Share126.600+0%126.050126.0500%190.950-34%130.680-4%129.140-2%
Price To Free Cash Flow Ratio-13.7880%-13.728-13.7280%-34.605+152%19.178-172%22.362-161%
Price To Total Gains Ratio2.414+0%2.4032.4030%-135.863+5753%21.372-89%23.141-90%
Quick Ratio--3.3183.3180%1.714+94%1.900+75%2.281+45%
Return On Assets--0.0290.0290%-0.021+175%0.037-23%0.083-65%
Return On Equity--0.0490.0490%-0.047+196%0.055-10%0.116-58%
Total Gains Per Share--52.44652.4460%-1.405+103%10.528+398%8.491+518%
Usd Book Value--236107200.000236107200.0000%89916000.000+163%126742800.000+86%115973880.000+104%
Usd Book Value Change Per Share--0.6270.6270%-0.019+103%0.109+478%0.065+862%
Usd Book Value Per Share--1.0121.0120%0.385+163%0.537+88%0.484+109%
Usd Dividend Per Share--0.0020.0020%0.002+0%0.018-87%0.037-94%
Usd Eps--0.0400.0400%-0.018+145%0.032+27%0.055-27%
Usd Free Cash Flow---25696800.000-25696800.0000%-15447600.000-40%-3612720.000-86%7405440.000-447%
Usd Free Cash Flow Per Share---0.110-0.1100%-0.066-40%-0.016-86%0.030-470%
Usd Free Cash Flow To Equity Per Share--0.3470.3470%0.042+730%0.054+544%0.036+874%
Usd Market Cap352454400.0000%352764846.466352764846.4660%534560419.575-34%370089721.982-5%372009583.243-5%
Usd Price Per Share1.519+0%1.5131.5130%2.291-34%1.568-4%1.550-2%
Usd Profit--9363600.0009363600.0000%-4236000.000+145%6774960.000+38%12870960.000-27%
Usd Revenue--323934000.000323934000.0000%203612400.000+59%235426320.000+38%219389640.000+48%
Usd Total Gains Per Share--0.6290.6290%-0.017+103%0.126+398%0.102+518%
 EOD+3 -5MRQTTM+0 -0YOY+27 -95Y+22 -1410Y+17 -19

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1537.838
Price to Book Ratio (EOD)Between0-11.501
Net Profit Margin (MRQ)Greater than00.029
Operating Margin (MRQ)Greater than00.051
Quick Ratio (MRQ)Greater than13.318
Current Ratio (MRQ)Greater than12.295
Debt to Asset Ratio (MRQ)Less than10.278
Debt to Equity Ratio (MRQ)Less than10.477
Return on Equity (MRQ)Greater than0.150.049
Return on Assets (MRQ)Greater than0.050.029
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.829
Ma 20Greater thanMa 50135.495
Ma 50Greater thanMa 100151.241
Ma 100Greater thanMa 200145.841
OpenGreater thanClose126.300
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets27,244,300
Total Liabilities7,568,700
Total Stockholder Equity15,865,400
 As reported
Total Liabilities 7,568,700
Total Stockholder Equity+ 15,865,400
Total Assets = 27,244,300

Assets

Total Assets27,244,300
Total Current Assets16,364,600
Long-term Assets10,879,700
Total Current Assets
Cash And Cash Equivalents 864,300
Short-term Investments 10,498,800
Net Receivables 1,792,200
Inventory 2,149,500
Other Current Assets 1,059,800
Total Current Assets  (as reported)16,364,600
Total Current Assets  (calculated)16,364,600
+/-0
Long-term Assets
Property Plant Equipment 2,727,500
Goodwill 490,400
Intangible Assets 1,294,500
Long-term Assets Other 1,123,900
Long-term Assets  (as reported)10,879,700
Long-term Assets  (calculated)5,636,300
+/- 5,243,400

Liabilities & Shareholders' Equity

Total Current Liabilities7,129,900
Long-term Liabilities438,800
Total Stockholder Equity15,865,400
Total Current Liabilities
Short-term Debt 104,500
Short Long Term Debt 33,900
Accounts payable 4,413,600
Other Current Liabilities 1,552,300
Total Current Liabilities  (as reported)7,129,900
Total Current Liabilities  (calculated)6,104,300
+/- 1,025,600
Long-term Liabilities
Long term Debt Total 178,100
Capital Lease Obligations 248,700
Long-term Liabilities  (as reported)438,800
Long-term Liabilities  (calculated)426,800
+/- 12,000
Total Stockholder Equity
Common Stock463,300
Retained Earnings 11,341,400
Accumulated Other Comprehensive Income 3,701,800
Capital Surplus 358,900
Total Stockholder Equity (as reported)15,865,400
Total Stockholder Equity (calculated)15,865,400
+/-0
Other
Capital Stock463,300
Cash And Equivalents5,394,500
Cash and Short Term Investments 11,363,100
Common Stock Shares Outstanding 233,218
Current Deferred Revenue1,059,500
Liabilities and Stockholders Equity 27,244,300
Net Debt -581,700
Net Invested Capital 15,899,300
Net Working Capital 9,234,700
Property Plant and Equipment Gross 2,727,500
Short Long Term Debt Total 282,600



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
6,468,400
7,317,100
7,179,800
8,790,700
0
10,918,800
11,919,000
12,031,400
11,606,700
11,779,500
12,434,500
13,372,100
14,556,700
12,486,400
12,904,400
16,439,700
27,244,300
27,244,30016,439,70012,904,40012,486,40014,556,70013,372,10012,434,50011,779,50011,606,70012,031,40011,919,00010,918,80008,790,7007,179,8007,317,1006,468,400
   > Total Current Assets 
3,547,600
3,705,700
4,009,500
5,002,900
0
6,972,100
7,670,900
7,986,800
8,002,900
8,347,200
6,330,100
6,986,300
7,562,000
7,139,800
7,232,300
10,340,500
16,364,600
16,364,60010,340,5007,232,3007,139,8007,562,0006,986,3006,330,1008,347,2008,002,9007,986,8007,670,9006,972,10005,002,9004,009,5003,705,7003,547,600
       Cash And Cash Equivalents 
393,100
297,200
192,800
225,300
0
714,500
422,400
342,000
357,600
78,200
102,200
301,500
401,400
1,557,900
1,750,600
906,800
864,300
864,300906,8001,750,6001,557,900401,400301,500102,20078,200357,600342,000422,400714,5000225,300192,800297,200393,100
       Short-term Investments 
0
0
766,500
1,001,000
0
728,900
710,900
1,807,100
3,175,100
4,341,800
1,672,500
2,738,700
1,945,700
355,200
1,061,100
3,647,300
10,498,800
10,498,8003,647,3001,061,100355,2001,945,7002,738,7001,672,5004,341,8003,175,1001,807,100710,900728,90001,001,000766,50000
       Net Receivables 
0
0
0
0
0
0
0
3,255,700
2,326,000
2,006,000
2,743,600
2,580,500
3,967,100
2,579,600
2,223,500
3,394,200
1,792,200
1,792,2003,394,2002,223,5002,579,6003,967,1002,580,5002,743,6002,006,0002,326,0003,255,7000000000
       Inventory 
1,162,000
1,508,400
1,511,600
1,594,400
0
1,821,400
1,802,200
1,629,100
1,064,400
1,081,300
1,294,100
1,094,200
1,337,600
1,944,300
1,747,200
1,933,400
2,149,500
2,149,5001,933,4001,747,2001,944,3001,337,6001,094,2001,294,1001,081,3001,064,4001,629,1001,802,2001,821,40001,594,4001,511,6001,508,4001,162,000
       Other Current Assets 
1,992,500
1,900,100
1,538,600
2,182,200
0
3,707,300
4,735,400
4,208,600
3,405,800
2,845,900
3,261,300
2,851,900
-89,800
3,282,400
449,900
458,800
1,059,800
1,059,800458,800449,9003,282,400-89,8002,851,9003,261,3002,845,9003,405,8004,208,6004,735,4003,707,30002,182,2001,538,6001,900,1001,992,500
   > Long-term Assets 
2,920,800
3,611,400
3,170,300
3,787,800
0
3,946,700
4,248,100
4,044,600
3,603,800
3,432,300
6,104,400
6,385,800
6,994,700
5,346,600
5,672,100
6,099,200
10,879,700
10,879,7006,099,2005,672,1005,346,6006,994,7006,385,8006,104,4003,432,3003,603,8004,044,6004,248,1003,946,70003,787,8003,170,3003,611,4002,920,800
       Property Plant Equipment 
4,050,400
4,789,600
2,602,700
2,607,400
0
3,419,200
3,704,900
3,566,300
3,197,400
2,998,100
2,584,200
2,481,400
2,502,500
2,759,200
2,575,100
2,616,700
2,727,500
2,727,5002,616,7002,575,1002,759,2002,502,5002,481,4002,584,2002,998,1003,197,4003,566,3003,704,9003,419,20002,607,4002,602,7004,789,6004,050,400
       Goodwill 
0
0
105,900
91,000
0
0
2,700
2,300
2,000
1,500
0
0
298,400
298,400
490,400
490,400
490,400
490,400490,400490,400298,400298,400001,5002,0002,3002,7000091,000105,90000
       Long Term Investments 
0
0
0
0
0
0
0
100
100
2,519,800
2,719,500
2,909,600
2,282,300
0
0
0
0
00002,282,3002,909,6002,719,5002,519,8001001000000000
       Intangible Assets 
0
0
116,300
106,400
0
0
104,500
189,200
147,700
120,000
445,500
536,100
1,271,200
1,432,900
1,406,200
1,344,100
1,294,500
1,294,5001,344,1001,406,2001,432,9001,271,200536,100445,500120,000147,700189,200104,50000106,400116,30000
       Long-term Assets Other 
-1,129,600
-1,178,200
771,000
1,001,000
0
1,048,800
939,300
2,093,800
3,431,700
4,654,400
2,027,700
3,193,900
2,570,500
759,200
966,100
-2,129,800
1,123,900
1,123,900-2,129,800966,100759,2002,570,5003,193,9002,027,7004,654,4003,431,7002,093,800939,3001,048,80001,001,000771,000-1,178,200-1,129,600
> Total Liabilities 
3,475,400
3,640,900
3,288,700
4,580,000
0
4,608,600
4,586,000
3,835,600
3,376,000
3,183,200
3,181,600
3,812,400
4,728,400
4,498,900
5,079,300
8,946,700
7,568,700
7,568,7008,946,7005,079,3004,498,9004,728,4003,812,4003,181,6003,183,2003,376,0003,835,6004,586,0004,608,60004,580,0003,288,7003,640,9003,475,400
   > Total Current Liabilities 
2,986,500
2,884,500
2,463,400
4,187,800
0
4,066,700
4,066,600
3,332,800
3,106,300
2,872,000
2,908,100
3,537,100
4,256,600
4,002,300
4,629,700
6,767,000
7,129,900
7,129,9006,767,0004,629,7004,002,3004,256,6003,537,1002,908,1002,872,0003,106,3003,332,8004,066,6004,066,70004,187,8002,463,4002,884,5002,986,500
       Short-term Debt 
0
0
0
0
0
330,100
159,600
600
0
0
0
0
58,600
135,200
94,300
748,100
104,500
104,500748,10094,300135,20058,6000000600159,600330,10000000
       Short Long Term Debt 
0
0
0
0
0
0
0
800
0
0
0
0
58,600
95,700
35,700
635,400
33,900
33,900635,40035,70095,70058,60000008000000000
       Accounts payable 
0
0
2,211,700
2,809,300
0
1,962,100
2,362,200
1,864,500
1,451,000
1,611,100
2,198,500
2,729,600
3,240,700
2,986,500
3,564,300
3,785,500
4,413,600
4,413,6003,785,5003,564,3002,986,5003,240,7002,729,6002,198,5001,611,1001,451,0001,864,5002,362,2001,962,10002,809,3002,211,70000
       Other Current Liabilities 
2,986,500
2,884,500
251,700
1,378,500
0
1,774,500
1,544,800
1,467,700
1,655,300
1,260,900
666,100
755,900
191,800
85,300
266,200
841,500
1,552,300
1,552,300841,500266,20085,300191,800755,900666,1001,260,9001,655,3001,467,7001,544,8001,774,50001,378,500251,7002,884,5002,986,500
   > Long-term Liabilities 
488,900
756,400
825,300
392,200
0
541,900
519,400
502,800
269,700
311,200
273,500
275,300
471,800
496,600
449,600
2,179,700
438,800
438,8002,179,700449,600496,600471,800275,300273,500311,200269,700502,800519,400541,9000392,200825,300756,400488,900
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
52,700
144,600
108,200
1,825,500
178,100
178,1001,825,500108,200144,60052,700000000000000
       Other Liabilities 
0
0
0
0
0
0
0
502,600
269,700
268,800
194,800
275,300
419,100
352,000
341,400
354,200
0
0354,200341,400352,000419,100275,300194,800268,800269,700502,6000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
265,900
213,800
121,600
111,000
89,000
0
0
0089,000111,000121,600213,800265,9000000000000
> Total Stockholder Equity
2,993,000
3,676,200
3,891,100
4,210,700
0
6,310,200
7,333,000
8,195,800
8,230,700
8,596,300
9,252,900
9,649,500
9,691,200
7,987,500
7,825,100
7,493,000
15,865,400
15,865,4007,493,0007,825,1007,987,5009,691,2009,649,5009,252,9008,596,3008,230,7008,195,8007,333,0006,310,20004,210,7003,891,1003,676,2002,993,000
   Common Stock
488,300
488,400
488,400
488,400
0
488,400
488,400
488,400
488,400
488,400
488,400
488,400
488,400
462,400
462,400
463,000
463,300
463,300463,000462,400462,400488,400488,400488,400488,400488,400488,400488,400488,4000488,400488,400488,400488,300
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
936,600
1,085,800
-1,303,900
-1,546,100
0
-1,920,600
-2,160,000
-2,438,800
-2,749,500
-3,133,600
-832,000
-1,045,600
-1,268,500
-1,660,900
3,566,500
3,604,400
3,701,800
3,701,8003,604,4003,566,500-1,660,900-1,268,500-1,045,600-832,000-3,133,600-2,749,500-2,438,800-2,160,000-1,920,6000-1,546,100-1,303,9001,085,800936,600
   Capital Surplus 
0
0
0
0
0
0
0
0
0
345,900
345,900
345,900
345,900
345,900
345,900
353,800
358,900
358,900353,800345,900345,900345,900345,900345,900345,900000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
1,568,100
2,102,000
4,706,600
5,268,400
0
5,030,200
5,523,100
6,058,200
6,452,800
7,031,400
4,692,700
4,912,900
5,135,800
-7,597,300
345,900
353,800
358,900
358,900353,800345,900-7,597,3005,135,8004,912,9004,692,7007,031,4006,452,8006,058,2005,523,1005,030,20005,268,4004,706,6002,102,0001,568,100



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 (+$)
totalRevenue26,994,500
Cost of Revenue-19,700,400
Gross Profit7,294,1007,294,100
 
Operating Income (+$)
Gross Profit7,294,100
Operating Expense-6,527,100
Operating Income779,600767,000
 
Operating Expense (+$)
Research Development136,900
Selling General Administrative439,700
Selling And Marketing Expenses407,300
Operating Expense6,527,100983,900
 
Net Interest Income (+$)
Interest Income116,900
Interest Expense-116,900
Other Finance Cost-116,900
Net Interest Income-116,900
 
Pretax Income (+$)
Operating Income779,600
Net Interest Income-116,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,128,100431,100
EBIT - interestExpense = 1,253,100
1,210,900
897,200
Interest Expense116,900
Earnings Before Interest and Taxes (EBIT)1,370,0001,245,000
Earnings Before Interest and Taxes (EBITDA)1,936,800
 
After tax Income (+$)
Income Before Tax1,128,100
Tax Provision-430,600
Net Income From Continuing Ops697,500697,500
Net Income780,300
Net Income Applicable To Common Shares780,300
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses26,227,500
Total Other Income/Expenses Net348,500116,900
 

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Greaves Cotton Limited.

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: 132.40 < 145.30 < 146.00.

The bearish price targets are: 121.81 > 121.41 > 121.05.

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Greaves Cotton 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 Greaves Cotton Limited. The current mas is .

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

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

Greaves Cotton 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 Greaves Cotton Limited. The current macd is -8.10420589.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Greaves Cotton 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 Greaves Cotton 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 Greaves Cotton 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 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
Greaves Cotton Limited Daily Moving Average Convergence/Divergence (MACD) ChartGreaves Cotton 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 Greaves Cotton Limited. The current adx is 38.14.

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 Greaves Cotton Limited 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.
Greaves Cotton 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 Greaves Cotton Limited. The current sar is 132.92.

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
Greaves Cotton 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 Greaves Cotton Limited. The current rsi is 33.83. 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
Greaves Cotton Limited Daily Relative Strength Index (RSI) ChartGreaves Cotton 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 Greaves Cotton 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 Greaves Cotton Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Greaves Cotton Limited Daily Stochastic Oscillator ChartGreaves Cotton 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 Greaves Cotton Limited. The current cci is -65.63680518.

Greaves Cotton Limited Daily Commodity Channel Index (CCI) ChartGreaves Cotton 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 Greaves Cotton Limited. The current cmo is -31.70434312.

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
Greaves Cotton Limited Daily Chande Momentum Oscillator (CMO) ChartGreaves Cotton 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 Greaves Cotton Limited. The current willr is -86.16071429.

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
Greaves Cotton Limited Daily Williams %R ChartGreaves Cotton 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 Greaves Cotton Limited.

Greaves Cotton 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 Greaves Cotton Limited. The current atr is 5.62348596.

Greaves Cotton Limited Daily Average True Range (ATR) ChartGreaves Cotton 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 Greaves Cotton Limited. The current obv is 131,859,919.

Greaves Cotton Limited Daily On-Balance Volume (OBV) ChartGreaves Cotton 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 Greaves Cotton Limited. The current mfi is 36.39.

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
Greaves Cotton Limited Daily Money Flow Index (MFI) ChartGreaves Cotton Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Greaves Cotton Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.829
Ma 20Greater thanMa 50135.495
Ma 50Greater thanMa 100151.241
Ma 100Greater thanMa 200145.841
OpenGreater thanClose126.300
Total2/5 (40.0%)
Penke

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