25 XP   0   0   10

ICRA Limited
Buy, Hold or Sell?

Let's analyse Icra together

PenkeI guess you are interested in ICRA 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 ICRA 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.

Get notifications about ICRA Limited

I send you an email if I find something interesting about ICRA Limited.

Quick analysis of Icra (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.39
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR992.72
Expected worth in 1 year
INR1,438.51
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR561.78
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
INR5,444.10
Expected price per share
INR5,080 - INR6,249
How sure are you?
50%

1. Valuation of Icra (5 min.)




Live pricePrice per Share (EOD)

INR5,444.10

Intrinsic Value Per Share

INR725.24 - INR1,887.23

Total Value Per Share

INR1,717.97 - INR2,879.95

2. Growth of Icra (5 min.)




Is Icra growing?

Current yearPrevious yearGrowGrow %
How rich?$114.5m$101.7m$12.8m11.2%

How much money is Icra making?

Current yearPrevious yearGrowGrow %
Making money$16.2m$13.4m$2.7m17.0%
Net Profit Margin33.5%33.0%--

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

3. Financial Health of Icra (5 min.)




4. Comparing to competitors in the Financial Data & Stock Exchanges industry (5 min.)




  Industry Rankings (Financial Data & Stock Exchanges)  


Richest
#32 / 42

Most Revenue
#33 / 42

Most Profit
#27 / 42

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

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

What can you expect buying and holding a share of Icra?

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

Speculation

The Price per Share of Icra is INR5,444. 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 Icra.
  • 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 Icra, 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 INR992.72. Based on the TTM, the Book Value Change Per Share is INR111.45 per quarter. Based on the YOY, the Book Value Change Per Share is INR90.14 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 INR29.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Icra.

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 Eps1.690.0%1.690.0%1.400.0%1.320.0%1.150.0%
Usd Book Value Change Per Share1.340.0%1.340.0%1.080.0%0.780.0%0.780.0%
Usd Dividend Per Share0.350.0%0.350.0%0.330.0%0.350.0%0.320.0%
Usd Total Gains Per Share1.690.0%1.690.0%1.410.0%1.130.0%1.100.0%
Usd Price Per Share53.07-53.07-50.81-40.70-41.43-
Price to Earnings Ratio31.46-31.46-36.27-30.89-37.44-
Price-to-Total Gains Ratio31.49-31.49-35.99-55.10-51.80-
Price to Book Ratio4.45-4.45-4.80-4.15-5.65-
Price-to-Total Gains Ratio31.49-31.49-35.99-55.10-51.80-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share65.3292
Number of shares15
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.350.35
Usd Book Value Change Per Share1.340.78
Usd Total Gains Per Share1.691.13
Gains per Quarter (15 shares)25.2816.95
Gains per Year (15 shares)101.1267.78
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1218091214758
2421601924294126
36324129362141194
48432139483188262
5104401495104235330
6125481596125282398
7146562697146329466
8167642798166376534
9188722899187423602
102098021000208470670

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%22.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%21.01.00.095.5%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%22.00.00.0100.0%

Fundamentals of Icra

About ICRA Limited

ICRA Limited operates as an independent and professional investment information, and credit rating agency in India and internationally. The company operates through Rating, Research and Other Services; Consulting Services; Knowledge Services; and Market Services segments. It also offers rating, grading, and industry research services; management consulting services, which includes risk management, financial advisory, outsourcing, and policy advisory; KPO services; and financial information product and services. In addition, the company provides corporate debt ratings for various issuers including manufacturing, service, non-banking finance, and infrastructure companies, as well as bank and financial institutions, municipal and other local bodies, state government, and small and medium sector entities; and financial sector ratings, which includes term loans, debenture, public deposit, working capital demand loan, cash credit from commercial paper, and mibor-linked loans, and others. It also offers structured finance ratings for assessment of risk associated with individual components of structured instruments including asset-backed securitization, future flow transaction, and partial guarantee structures; and infrastructure sector ratings to debt programs of issuers in power, roads, telecommunication, and other infrastructure related sectors. Further, it provides other ratings, which includes mutual funds, public finance, infrastructure expected loss, infrastructure investment trust, independent credit evaluation, and market liked debenture. Additionally, the company offers credit perspectives detailed analysis including key rating consideration, rating sensitivity factor, rating retinoate, company profile, business update and outlook, and financial update and outlook, etc. across economy, industry, and companies. ICRA Limited was incorporated in 1991 and is headquartered in Gurugram, India.

Fundamental data was last updated by Penke on 2024-03-10 03:19:03.

Financial Health

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

Valuation

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

1.1. Profitability of ICRA Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Icra earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • A Net Profit Margin of 33.5% means that ₹0.34 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 33.5%. The company is making a huge profit. +2
  • The TTM is 33.5%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ33.5%TTM33.5%0.0%
TTM33.5%YOY33.0%+0.5%
TTM33.5%5Y30.8%+2.7%
5Y30.8%10Y27.7%+3.1%
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ33.5%27.7%+5.8%
TTM33.5%27.9%+5.6%
YOY33.0%29.3%+3.7%
5Y30.8%30.1%+0.7%
10Y27.7%30.0%-2.3%
1.1.2. Return on Assets

Shows how efficient Icra is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • 12.3% Return on Assets means that Icra generated ₹0.12 profit for each $1 in assets.

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

  • The MRQ is 12.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 12.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ12.3%TTM12.3%0.0%
TTM12.3%YOY11.5%+0.8%
TTM12.3%5Y11.4%+0.9%
5Y11.4%10Y11.9%-0.5%
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ12.3%1.9%+10.4%
TTM12.3%2.1%+10.2%
YOY11.5%2.1%+9.4%
5Y11.4%1.9%+9.5%
10Y11.9%2.0%+9.9%
1.1.3. Return on Equity

Shows how efficient Icra is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • 14.2% Return on Equity means Icra generated ₹0.14 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 14.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 14.2%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ14.2%TTM14.2%0.0%
TTM14.2%YOY13.3%+0.9%
TTM14.2%5Y13.4%+0.8%
5Y13.4%10Y14.6%-1.2%
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ14.2%5.4%+8.8%
TTM14.2%5.1%+9.1%
YOY13.3%5.3%+8.0%
5Y13.4%5.0%+8.4%
10Y14.6%7.2%+7.4%

1.2. Operating Efficiency of ICRA Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Icra is operating .

  • Measures how much profit Icra 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 Icra to the Financial Data & Stock Exchanges industry mean.
  • An Operating Margin of 45.3% means the company generated ₹0.45  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 45.3%. The company is operating very efficient. +2
  • The TTM is 45.3%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ45.3%TTM45.3%0.0%
TTM45.3%YOY42.7%+2.6%
TTM45.3%5Y42.3%+3.0%
5Y42.3%10Y39.9%+2.4%
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ45.3%37.2%+8.1%
TTM45.3%32.7%+12.6%
YOY42.7%39.8%+2.9%
5Y42.3%40.9%+1.4%
10Y39.9%39.9%+0.0%
1.2.2. Operating Ratio

Measures how efficient Icra is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Financial Data & Stock Exchanges industry mean).
  • An Operation Ratio of 0.67 means that the operating costs are ₹0.67 for each ₹1 in net sales.

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

  • The MRQ is 0.670. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.670. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.670TTM0.6700.000
TTM0.670YOY0.663+0.007
TTM0.6705Y0.693-0.023
5Y0.69310Y0.691+0.002
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6700.718-0.048
TTM0.6700.751-0.081
YOY0.6630.730-0.067
5Y0.6930.702-0.009
10Y0.6910.689+0.002

1.3. Liquidity of ICRA Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Icra is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Financial Data & Stock Exchanges industry mean).
  • A Current Ratio of 4.29 means the company has ₹4.29 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 4.292. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.292. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.292TTM4.2920.000
TTM4.292YOY3.775+0.517
TTM4.2925Y4.655-0.363
5Y4.65510Y3.711+0.944
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2921.381+2.911
TTM4.2921.334+2.958
YOY3.7751.274+2.501
5Y4.6551.506+3.149
10Y3.7111.583+2.128
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • A Quick Ratio of 7.94 means the company can pay off ₹7.94 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 7.935. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 7.935. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ7.935TTM7.9350.000
TTM7.935YOY6.622+1.314
TTM7.9355Y7.700+0.235
5Y7.70010Y5.712+1.989
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9351.153+6.782
TTM7.9351.241+6.694
YOY6.6221.082+5.540
5Y7.7001.376+6.324
10Y5.7121.479+4.233

1.4. Solvency of ICRA Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Icra assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Icra to Financial Data & Stock Exchanges industry mean.
  • A Debt to Asset Ratio of 0.13 means that Icra assets are financed with 13.3% credit (debt) and the remaining percentage (100% - 13.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.133. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.133. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.133TTM0.1330.000
TTM0.133YOY0.134-0.001
TTM0.1335Y0.150-0.018
5Y0.15010Y0.183-0.033
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1330.634-0.501
TTM0.1330.630-0.497
YOY0.1340.662-0.528
5Y0.1500.663-0.513
10Y0.1830.624-0.441
1.4.2. Debt to Equity Ratio

Measures if Icra is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • A Debt to Equity ratio of 15.4% means that company has ₹0.15 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.154. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.154. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.154TTM0.1540.000
TTM0.154YOY0.155-0.001
TTM0.1545Y0.178-0.024
5Y0.17810Y0.228-0.051
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1541.668-1.514
TTM0.1541.682-1.528
YOY0.1551.719-1.564
5Y0.1782.057-1.879
10Y0.2281.798-1.570

2. Market Valuation of ICRA 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 Icra generates.

  • Above 15 is considered overpriced but always compare Icra to the Financial Data & Stock Exchanges industry mean.
  • A PE ratio of 31.46 means the investor is paying ₹31.46 for every ₹1 in earnings.

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

  • The EOD is 38.724. Based on the earnings, the company is overpriced. -1
  • The MRQ is 31.456. Based on the earnings, the company is overpriced. -1
  • The TTM is 31.456. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD38.724MRQ31.456+7.268
MRQ31.456TTM31.4560.000
TTM31.456YOY36.272-4.816
TTM31.4565Y30.887+0.569
5Y30.88710Y37.442-6.555
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
EOD38.72435.600+3.124
MRQ31.45628.345+3.111
TTM31.45628.826+2.630
YOY36.27231.108+5.164
5Y30.88733.542-2.655
10Y37.44233.750+3.692
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 58.078. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 47.178. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 47.178. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD58.078MRQ47.178+10.900
MRQ47.178TTM47.1780.000
TTM47.178YOY44.198+2.980
TTM47.1785Y58.219-11.042
5Y58.21910Y60.598-2.379
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
EOD58.07824.230+33.848
MRQ47.17822.279+24.899
TTM47.17823.079+24.099
YOY44.19824.823+19.375
5Y58.21925.243+32.976
10Y60.59821.673+38.925
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Financial Data & Stock Exchanges industry mean).
  • A PB ratio of 4.45 means the investor is paying ₹4.45 for each ₹1 in book value.

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

  • The EOD is 5.484. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.455. Based on the equity, the company is fair priced.
  • The TTM is 4.455. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.484MRQ4.455+1.029
MRQ4.455TTM4.4550.000
TTM4.455YOY4.805-0.350
TTM4.4555Y4.146+0.309
5Y4.14610Y5.649-1.503
Compared to industry (Financial Data & Stock Exchanges)
PeriodCompanyIndustry (mean)+/- 
EOD5.4843.506+1.978
MRQ4.4553.418+1.037
TTM4.4553.653+0.802
YOY4.8054.070+0.735
5Y4.1464.779-0.633
10Y5.6495.166+0.483
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ICRA 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--111.447111.4470%90.135+24%65.248+71%64.895+72%
Book Value Per Share--992.723992.7230%881.276+13%810.497+22%653.187+52%
Current Ratio--4.2924.2920%3.775+14%4.655-8%3.711+16%
Debt To Asset Ratio--0.1330.1330%0.134-1%0.150-12%0.183-28%
Debt To Equity Ratio--0.1540.1540%0.155-1%0.178-14%0.228-33%
Dividend Per Share--28.99728.9970%27.499+5%28.897+0%27.026+7%
Eps--140.588140.5880%116.735+20%110.036+28%95.457+47%
Free Cash Flow Per Share--93.73993.7390%95.801-2%72.248+30%63.778+47%
Free Cash Flow To Equity Per Share--60.34160.3410%62.504-3%19.012+217%21.227+184%
Gross Profit Margin--0.9980.9980%0.9980%0.9980%0.9980%
Intrinsic Value_10Y_max--1887.229--------
Intrinsic Value_10Y_min--725.244--------
Intrinsic Value_1Y_max--110.386--------
Intrinsic Value_1Y_min--66.698--------
Intrinsic Value_3Y_max--391.664--------
Intrinsic Value_3Y_min--206.764--------
Intrinsic Value_5Y_max--745.281--------
Intrinsic Value_5Y_min--352.730--------
Market Cap52368322248.000+19%42539827330.35042539827330.3500%40729959610.200+4%32707712690.250+30%33709759942.305+26%
Net Profit Margin--0.3350.3350%0.330+2%0.308+9%0.277+21%
Operating Margin--0.4530.4530%0.427+6%0.423+7%0.399+13%
Operating Ratio--0.6700.6700%0.663+1%0.693-3%0.691-3%
Pb Ratio5.484+19%4.4554.4550%4.805-7%4.146+7%5.649-21%
Pe Ratio38.724+19%31.45631.4560%36.272-13%30.887+2%37.442-16%
Price Per Share5444.100+19%4422.3504422.3500%4234.200+4%3391.700+30%3452.250+28%
Price To Free Cash Flow Ratio58.078+19%47.17847.1780%44.198+7%58.219-19%60.598-22%
Price To Total Gains Ratio38.763+19%31.48831.4880%35.995-13%55.096-43%51.795-39%
Quick Ratio--7.9357.9350%6.622+20%7.700+3%5.712+39%
Return On Assets--0.1230.1230%0.115+7%0.114+8%0.119+3%
Return On Equity--0.1420.1420%0.133+7%0.134+6%0.146-3%
Total Gains Per Share--140.444140.4440%117.634+19%94.144+49%91.920+53%
Usd Book Value--114591384.000114591384.0000%101726940.000+13%93780124.800+22%76304208.000+50%
Usd Book Value Change Per Share--1.3371.3370%1.082+24%0.783+71%0.779+72%
Usd Book Value Per Share--11.91311.9130%10.575+13%9.726+22%7.838+52%
Usd Dividend Per Share--0.3480.3480%0.330+5%0.347+0%0.324+7%
Usd Eps--1.6871.6870%1.401+20%1.320+28%1.145+47%
Usd Free Cash Flow--10820364.00010820364.0000%11058432.000-2%8366229.600+29%7464792.000+45%
Usd Free Cash Flow Per Share--1.1251.1250%1.150-2%0.867+30%0.765+47%
Usd Free Cash Flow To Equity Per Share--0.7240.7240%0.750-3%0.228+217%0.255+184%
Usd Market Cap628419866.976+19%510477927.964510477927.9640%488759515.322+4%392492552.283+30%404517119.308+26%
Usd Price Per Share65.329+19%53.06853.0680%50.810+4%40.700+30%41.427+28%
Usd Profit--16228308.00016228308.0000%13474884.000+20%12516885.600+30%10884402.000+49%
Usd Revenue--48387696.00048387696.0000%40806780.000+19%40366339.200+20%39138430.800+24%
Usd Total Gains Per Share--1.6851.6850%1.412+19%1.130+49%1.103+53%
 EOD+4 -4MRQTTM+0 -0YOY+26 -105Y+30 -610Y+32 -4

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1538.724
Price to Book Ratio (EOD)Between0-15.484
Net Profit Margin (MRQ)Greater than00.335
Operating Margin (MRQ)Greater than00.453
Quick Ratio (MRQ)Greater than17.935
Current Ratio (MRQ)Greater than14.292
Debt to Asset Ratio (MRQ)Less than10.133
Debt to Equity Ratio (MRQ)Less than10.154
Return on Equity (MRQ)Greater than0.150.142
Return on Assets (MRQ)Greater than0.050.123
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.929
Ma 20Greater thanMa 505,554.428
Ma 50Greater thanMa 1005,652.671
Ma 100Greater thanMa 2005,612.349
OpenGreater thanClose5,299.900
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets11,008,168
Total Liabilities1,458,886
Total Stockholder Equity9,502,811
 As reported
Total Liabilities 1,458,886
Total Stockholder Equity+ 9,502,811
Total Assets = 11,008,168

Assets

Total Assets11,008,168
Total Current Assets5,654,458
Long-term Assets5,353,710
Total Current Assets
Cash And Cash Equivalents 121,580
Short-term Investments 4,960,396
Net Receivables 412,122
Inventory -31,393
Other Current Assets 191,753
Total Current Assets  (as reported)5,654,458
Total Current Assets  (calculated)5,654,458
+/-0
Long-term Assets
Property Plant Equipment 399,149
Goodwill 12,253
Intangible Assets 73,030
Long-term Assets Other 275,028
Long-term Assets  (as reported)5,353,710
Long-term Assets  (calculated)759,460
+/- 4,594,250

Liabilities & Shareholders' Equity

Total Current Liabilities1,317,449
Long-term Liabilities141,437
Total Stockholder Equity9,502,811
Total Current Liabilities
Short-term Debt 30,703
Accounts payable 83,838
Other Current Liabilities 720,620
Total Current Liabilities  (as reported)1,317,449
Total Current Liabilities  (calculated)835,161
+/- 482,288
Long-term Liabilities
Long term Debt Total 114,119
Long-term Liabilities  (as reported)141,437
Long-term Liabilities  (calculated)114,119
+/- 27,318
Total Stockholder Equity
Common Stock96,512
Retained Earnings 8,288,638
Accumulated Other Comprehensive Income 1,128,205
Other Stockholders Equity -10,544
Total Stockholder Equity (as reported)9,502,811
Total Stockholder Equity (calculated)9,502,811
+/-0
Other
Capital Stock96,512
Cash And Equivalents20,163
Cash and Short Term Investments 5,081,976
Common Stock Shares Outstanding 9,619
Current Deferred Revenue482,288
Liabilities and Stockholders Equity 11,008,168
Net Debt 8,705
Net Invested Capital 9,502,811
Net Working Capital 4,337,009
Property Plant and Equipment Gross 399,149
Short Long Term Debt Total 130,285



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-312003-03-312002-03-31
> Total Assets 
768,180
846,920
950,100
979,290
1,085,872
29,935,347
2,163,656
2,659,512
3,246,782
3,576,220
3,842,053
4,408,629
5,139,290
5,832,198
6,273,006
6,109,760
7,707,256
7,674,576
8,455,283
8,960,131
9,784,745
11,008,168
11,008,1689,784,7458,960,1318,455,2837,674,5767,707,2566,109,7606,273,0065,832,1985,139,2904,408,6293,842,0533,576,2203,246,7822,659,5122,163,65629,935,3471,085,872979,290950,100846,920768,180
   > Total Current Assets 
0
0
0
0
228,999
28,966,099
973,104
2,018,538
2,153,830
1,304,510
1,476,329
1,515,300
1,396,159
3,012,904
3,188,502
4,226,027
4,017,190
5,637,018
7,201,575
4,949,940
4,359,453
5,654,458
5,654,4584,359,4534,949,9407,201,5755,637,0184,017,1904,226,0273,188,5023,012,9041,396,1591,515,3001,476,3291,304,5102,153,8302,018,538973,10428,966,099228,9990000
       Cash And Cash Equivalents 
65,340
69,030
32,500
37,960
39,159
28,352,025
255,368
1,126,312
1,164,895
420,411
408,542
456,343
515,005
332,150
244,631
61,424
197,916
4,052,070
162,082
284,473
219,203
121,580
121,580219,203284,473162,0824,052,070197,91661,424244,631332,150515,005456,343408,542420,4111,164,8951,126,312255,36828,352,02539,15937,96032,50069,03065,340
       Short-term Investments 
0
0
0
0
138,099
415,765
494,808
579,502
598,618
537,093
575,071
305,856
123,122
1,936,381
2,170,398
3,405,818
990,282
774,776
5,889,098
3,882,898
3,483,908
4,960,396
4,960,3963,483,9083,882,8985,889,098774,776990,2823,405,8182,170,3981,936,381123,122305,856575,071537,093598,618579,502494,808415,765138,0990000
       Net Receivables 
44,740
57,090
70,670
98,270
218,480
500,102
525,881
600,246
626,409
519,539
483,151
670,570
691,540
636,511
563,835
523,166
625,597
668,561
990,898
646,185
460,595
412,122
412,122460,595646,185990,898668,561625,597523,166563,835636,511691,540670,570483,151519,539626,409600,246525,881500,102218,48098,27070,67057,09044,740
       Inventory 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
184,470
-31,393
-31,393184,47000000000000000000000
   > Long-term Assets 
0
0
0
0
856,873
969,248
1,190,552
640,974
1,092,952
2,271,710
2,365,724
2,893,329
3,743,131
2,819,294
3,084,504
1,883,733
3,690,066
2,037,558
1,253,708
4,010,191
5,425,292
5,353,710
5,353,7105,425,2924,010,1911,253,7082,037,5583,690,0661,883,7333,084,5042,819,2943,743,1312,893,3292,365,7242,271,7101,092,952640,9741,190,552969,248856,8730000
       Property Plant Equipment 
141,220
142,450
137,880
186,060
171,777
219,022
227,473
229,365
222,468
227,961
216,629
207,370
513,050
443,447
436,621
327,757
346,207
323,073
525,248
438,981
393,514
399,149
399,149393,514438,981525,248323,073346,207327,757436,621443,447513,050207,370216,629227,961222,468229,365227,473219,022171,777186,060137,880142,450141,220
       Goodwill 
0
0
0
0
61,690
51,514
51,514
70,996
95,700
95,439
103,282
425,362
422,665
424,957
430,837
12,253
12,253
12,253
12,253
12,253
12,253
12,253
12,25312,25312,25312,25312,25312,25312,253430,837424,957422,665425,362103,28295,43995,70070,99651,51451,51461,6900000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
698,666
1,590,133
1,859,929
1,532,991
3,083,141
1,456,687
0
0
0
0
00001,456,6873,083,1411,532,9911,859,9291,590,133698,666000000000000
       Intangible Assets 
0
0
0
0
633
10,078
9,703
11,676
19,152
14,925
19,240
26,066
27,257
46,756
59,063
34,312
8,360
17,045
27,879
47,379
65,745
73,030
73,03065,74547,37927,87917,0458,36034,31259,06346,75627,25726,06619,24014,92519,15211,6769,70310,0786330000
       Long-term Assets Other 
0
0
0
0
138,396
418,674
494,808
579,502
598,618
537,177
575,071
532,047
237,576
2,203,168
2,406,979
3,623,848
1,195,858
986,672
172,288
181,421
239,066
275,028
275,028239,066181,421172,288986,6721,195,8583,623,8482,406,9792,203,168237,576532,047575,071537,177598,618579,502494,808418,674138,3960000
> Total Liabilities 
97,050
115,730
157,990
141,370
161,847
28,461,491
525,105
772,376
1,029,436
1,005,368
826,808
970,867
1,255,087
1,538,280
1,502,610
1,109,964
1,143,781
1,278,263
1,413,278
1,349,924
1,307,500
1,458,886
1,458,8861,307,5001,349,9241,413,2781,278,2631,143,7811,109,9641,502,6101,538,2801,255,087970,867826,8081,005,3681,029,436772,376525,10528,461,491161,847141,370157,990115,73097,050
   > Total Current Liabilities 
97,050
115,730
157,990
141,370
155,013
28,453,739
522,329
772,376
1,029,436
1,005,332
748,306
882,370
995,646
1,295,515
1,369,853
1,051,461
1,067,935
1,203,251
1,150,173
1,161,100
1,154,910
1,317,449
1,317,4491,154,9101,161,1001,150,1731,203,2511,067,9351,051,4611,369,8531,295,515995,646882,370748,3061,005,3321,029,436772,376522,32928,453,739155,013141,370157,990115,73097,050
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
6,534
5,246
2,864
0
0
38,152
38,152
32,779
27,981
30,703
30,70327,98132,77938,15238,152002,8645,2466,534000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
164,746
5,246
2,864
0
0
0
0
0
0
0
00000002,8645,246164,746000000000000
       Accounts payable 
34,630
37,500
52,030
56,810
3,685
21,271
16,752
55,998
36,416
31,181
33,603
40,924
44,430
76,248
94,678
85,473
77,083
104,636
155,226
78,025
37,551
83,838
83,83837,55178,025155,226104,63677,08385,47394,67876,24844,43040,92433,60331,18136,41655,99816,75221,2713,68556,81052,03037,50034,630
       Other Current Liabilities 
62,420
78,230
105,960
84,560
151,327
28,432,468
505,577
716,378
993,020
974,151
714,703
841,446
944,682
1,214,021
1,275,175
965,988
980,667
1,098,615
88,560
661,598
608,892
720,620
720,620608,892661,59888,5601,098,615980,667965,9881,275,1751,214,021944,682841,446714,703974,151993,020716,378505,57728,432,468151,32784,560105,96078,23062,420
   > Long-term Liabilities 
0
0
0
0
6,834
7,752
2,776
0
0
36
78,502
88,497
259,441
242,765
132,757
58,503
75,846
75,012
263,105
188,824
152,590
141,437
141,437152,590188,824263,10575,01275,84658,503132,757242,765259,44188,49778,50236002,7767,7526,8340000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
96,004
2,022
3,355
3,328
2,045
172,729
136,832
121,490
114,119
114,119121,490136,832172,7292,0453,3283,3552,02296,0040000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
78,502
88,497
101,229
140,018
132,757
54,302
75,846
75,012
90,376
51,992
40,311
0
040,31151,99290,37675,01275,84654,302132,757140,018101,22988,49778,5020000000000
> Total Stockholder Equity
671,130
731,190
792,110
837,920
924,025
1,473,856
1,638,551
1,887,136
2,217,239
2,570,483
3,016,133
3,392,375
3,879,386
4,287,756
4,762,377
4,990,331
6,550,212
6,379,022
7,016,147
7,577,271
8,436,103
9,502,811
9,502,8118,436,1037,577,2717,016,1476,379,0226,550,2124,990,3314,762,3774,287,7563,879,3863,392,3753,016,1332,570,4832,217,2391,887,1361,638,5511,473,856924,025837,920792,110731,190671,130
   Common Stock
88,050
88,050
88,050
88,050
88,051
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
99,033
99,033
96,512
96,512
96,512
96,512
96,512
96,51296,51296,51296,51296,51299,03399,033100,000100,000100,000100,000100,000100,000100,000100,000100,000100,00088,05188,05088,05088,05088,050
   Retained Earnings Total Equity0000000000000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
-104,861
-121,772
-146,237
-168,184
-194,849
-231,144
-255,748
-285,206
-315,193
-356,058
-393,861
-329,542
-95,987
-140,302
-230,538
1,148,867
1,144,514
1,128,205
1,128,2051,144,5141,148,867-230,538-140,302-95,987-329,542-393,861-356,058-315,193-285,206-255,748-231,144-194,849-168,184-146,237-121,772-104,8610000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
860,894
870,356
496,698
507,829
0
0
0
0
0
00000507,829496,698870,356860,8940000000000000
   Treasury Stock00-10,544-10,544-10,544-13,425-46,066-54,01000000000000000
   Other Stockholders Equity 
0
0
0
0
104,861
121,772
146,237
168,184
188,680
224,134
260,433
2,180,510
2,336,093
2,476,522
2,588,905
2,015,655
2,098,676
1,293,866
-6,706,056
-10,544
-10,544
-10,544
-10,544-10,544-10,544-6,706,0561,293,8662,098,6762,015,6552,588,9052,476,5222,336,0932,180,510260,433224,134188,680168,184146,237121,772104,8610000



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 (+$)
totalRevenue4,032,308
Cost of Revenue-2,075,616
Gross Profit1,956,6921,956,692
 
Operating Income (+$)
Gross Profit1,956,692
Operating Expense-625,912
Operating Income1,335,1481,330,780
 
Operating Expense (+$)
Research Development0
Selling General Administrative160,847
Selling And Marketing Expenses2,964
Operating Expense625,912163,811
 
Net Interest Income (+$)
Interest Income14,125
Interest Expense-14,125
Other Finance Cost-14,125
Net Interest Income-14,125
 
Pretax Income (+$)
Operating Income1,335,148
Net Interest Income-14,125
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,812,174858,122
EBIT - interestExpense = 1,812,174
1,797,280
1,366,484
Interest Expense14,125
Earnings Before Interest and Taxes (EBIT)1,826,2991,826,299
Earnings Before Interest and Taxes (EBITDA)1,924,590
 
After tax Income (+$)
Income Before Tax1,812,174
Tax Provision-444,921
Net Income From Continuing Ops1,367,2531,367,253
Net Income1,352,359
Net Income Applicable To Common Shares1,352,359
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses2,701,528
Total Other Income/Expenses Net477,02614,125
 

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

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

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 5,359 < 6,156 < 6,249.

The bearish price targets are: 5,292 > 5,269 > 5,080.

Tweet this
ICRA 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 ICRA Limited. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

ICRA 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 ICRA Limited. The current macd is -96.79696601.

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 Icra price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Icra. 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 Icra 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
ICRA Limited Daily Moving Average Convergence/Divergence (MACD) ChartICRA 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 ICRA Limited. The current adx is 34.43.

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 Icra 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.
ICRA 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 ICRA Limited. The current sar is 5,624.

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
ICRA 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 ICRA Limited. The current rsi is 43.93. 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
ICRA Limited Daily Relative Strength Index (RSI) ChartICRA 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 ICRA Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Icra price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
ICRA Limited Daily Stochastic Oscillator ChartICRA 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 ICRA Limited. The current cci is -68.88144281.

ICRA Limited Daily Commodity Channel Index (CCI) ChartICRA 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 ICRA Limited. The current cmo is -10.0944623.

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
ICRA Limited Daily Chande Momentum Oscillator (CMO) ChartICRA 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 ICRA Limited. The current willr is -67.43304917.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Icra is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
ICRA Limited Daily Williams %R ChartICRA 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 ICRA Limited.

ICRA 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 ICRA Limited. The current atr is 164.55.

ICRA Limited Daily Average True Range (ATR) ChartICRA 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 ICRA Limited. The current obv is 512,024.

ICRA Limited Daily On-Balance Volume (OBV) ChartICRA 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 ICRA Limited. The current mfi is 43.44.

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
ICRA Limited Daily Money Flow Index (MFI) ChartICRA Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ICRA 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
2023-11-07STOCH 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).
2023-11-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH 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).
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH 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.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17SAR 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
2024-01-18SAR 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
2024-01-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-30MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02SAR 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
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-09SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
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.
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19STOCH 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).
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-01MACD 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
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

ICRA Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5043.929
Ma 20Greater thanMa 505,554.428
Ma 50Greater thanMa 1005,652.671
Ma 100Greater thanMa 2005,612.349
OpenGreater thanClose5,299.900
Total2/5 (40.0%)
Penke

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

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

Get notifications about ICRA Limited

I send you an email if I find something interesting about ICRA Limited.


Comments

How you think about this?

Leave a comment

Stay informed about ICRA Limited.

Receive notifications about ICRA Limited in your mailbox!