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ICICI Securities Limited
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Let's analyse ICICI Securities Limited together

PenkeI guess you are interested in ICICI Securities 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 ICICI Securities 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 ICICI Securities Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.08
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR88.15
Expected worth in 1 year
INR140.59
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR142.22
Return On Investment
19.5%

For what price can you sell your share?

Current Price per Share
INR727.65
Expected price per share
INR654.00 - INR856.00
How sure are you?
50%

1. Valuation of ICICI Securities Limited (5 min.)




Live pricePrice per Share (EOD)

INR727.65

Intrinsic Value Per Share

INR-581.35 - INR405.45

Total Value Per Share

INR-493.20 - INR493.60

2. Growth of ICICI Securities Limited (5 min.)




Is ICICI Securities Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$342.3m$291.6m$50.6m14.8%

How much money is ICICI Securities Limited making?

Current yearPrevious yearGrowGrow %
Making money$134.1m$165.9m-$31.7m-23.7%
Net Profit Margin33.6%43.0%--

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

3. Financial Health of ICICI Securities Limited (5 min.)




4. Comparing to competitors in the Capital Markets industry (5 min.)




  Industry Rankings (Capital Markets)  


Richest
#135 / 373

Most Revenue
#56 / 373

Most Profit
#34 / 373

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

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

What can you expect buying and holding a share of ICICI Securities Limited?

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

Speculation

The Price per Share of ICICI Securities Limited is INR727.65. 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 ICICI Securities 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 ICICI Securities 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 INR88.15. Based on the TTM, the Book Value Change Per Share is INR13.11 per quarter. Based on the YOY, the Book Value Change Per Share is INR18.68 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 INR22.44 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ICICI Securities 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 Eps0.410.1%0.410.1%0.510.1%0.340.0%0.230.0%
Usd Book Value Change Per Share0.160.0%0.160.0%0.220.0%0.150.0%0.100.0%
Usd Dividend Per Share0.270.0%0.270.0%0.300.0%0.200.0%0.130.0%
Usd Total Gains Per Share0.430.1%0.430.1%0.520.1%0.350.0%0.230.0%
Usd Price Per Share5.14-5.14-7.46-4.68-2.34-
Price to Earnings Ratio12.39-12.39-14.55-14.20-7.10-
Price-to-Total Gains Ratio12.04-12.04-14.34-13.89-13.89-
Price to Book Ratio4.86-4.86-8.28-6.96-3.48-
Price-to-Total Gains Ratio12.04-12.04-14.34-13.89-13.89-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.7318
Number of shares114
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.270.20
Usd Book Value Change Per Share0.160.15
Usd Total Gains Per Share0.430.35
Gains per Quarter (114 shares)48.6439.73
Gains per Year (114 shares)194.55158.93
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1123721859168149
2246143380181136308
3368215575272205467
4491287770363273626
5614359965453341785
67374301160544409944
786050213556354781103
898357415507265461262
9110564617458166141421
10122871719409076821580

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%10.01.00.090.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%

Fundamentals of ICICI Securities Limited

About ICICI Securities Limited

ICICI Securities Limited provides institutional and retail broking, merchant banking, financial products distribution, private wealth management, and issuer and advisory services. The company operates through three segments: Treasury, Broking & Distribution, and Issuer Services & Advisory. It offers investment and trading solutions across asset classes, including equity, commodity, derivatives, currency, margin trading funding, offshore investments, etc. The company also distributes financial products comprising mutual funds (MF), gold bonds, exchange traded funds, national pension schemes, and corporate fixed deposits (FD) and bonds; credit products, such as home loans, as well as loan against securities, property, FD, bonds, MF, rental discounting, asset financing, and overdrafts; and life, general, and business insurance products. In addition, it provides investment solutions, including equity, fixed income, offshore and alternate investments etc.; value-added services, such as insurance, mortgages and loans, tax advisory, and estate planning services, as well as block deal, algo trading, corporate access, investor meets, and equity research products; and customer engagement services comprising raising equity capital, debt syndication, and monetizing assets. Further, the company offers equity brokerage services for domestic and international institutional clients; and investment banking services, including equity capital market, debt advisory, mergers and acquisitions, private equity, and structured products and restructuring services. It serves corporates, financial institutions, high net-worth individuals, and retail investors in India and internationally. The company was formerly known as ICICI Securities and Finance Company Limited and changed its name to ICICI Securities Limited in April 2003. ICICI Securities Limited was incorporated in 1995 and is headquartered in Mumbai, India. ICICI Securities Limited operates as a subsidiary of ICICI Bank Limited.

Fundamental data was last updated by Penke on 2024-03-10 07:57:05.

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 very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very 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 just able to pay all its debts by selling its assets.
The company is unable 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 underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of ICICI Securities Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit ICICI Securities Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • A Net Profit Margin of 33.6% 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 ICICI Securities Limited:

  • The MRQ is 33.6%. The company is making a huge profit. +2
  • The TTM is 33.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ33.6%TTM33.6%0.0%
TTM33.6%YOY43.0%-9.4%
TTM33.6%5Y37.2%-3.6%
5Y37.2%10Y29.7%+7.5%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ33.6%10.1%+23.5%
TTM33.6%10.0%+23.6%
YOY43.0%14.3%+28.7%
5Y37.2%13.2%+24.0%
10Y29.7%12.5%+17.2%
1.1.2. Return on Assets

Shows how efficient ICICI Securities Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • 7.2% Return on Assets means that ICICI Securities Limited generated ₹0.07 profit for each $1 in assets.

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

  • The MRQ is 7.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.2%0.0%
TTM7.2%YOY10.1%-3.0%
TTM7.2%5Y10.8%-3.7%
5Y10.8%10Y13.4%-2.6%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%0.3%+6.9%
TTM7.2%0.3%+6.9%
YOY10.1%0.4%+9.7%
5Y10.8%0.4%+10.4%
10Y13.4%0.4%+13.0%
1.1.3. Return on Equity

Shows how efficient ICICI Securities Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • 39.2% Return on Equity means ICICI Securities Limited generated ₹0.39 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 39.2%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 39.2%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ39.2%TTM39.2%0.0%
TTM39.2%YOY56.9%-17.7%
TTM39.2%5Y50.2%-11.1%
5Y50.2%10Y56.6%-6.4%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ39.2%1.4%+37.8%
TTM39.2%1.5%+37.7%
YOY56.9%2.0%+54.9%
5Y50.2%1.9%+48.3%
10Y56.6%2.0%+54.6%

1.2. Operating Efficiency of ICICI Securities Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient ICICI Securities Limited is operating .

  • Measures how much profit ICICI Securities 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 ICICI Securities Limited to the Capital Markets industry mean.
  • An Operating Margin of 61.2% means the company generated ₹0.61  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 61.2%. The company is operating very efficient. +2
  • The TTM is 61.2%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ61.2%TTM61.2%0.0%
TTM61.2%YOY65.9%-4.7%
TTM61.2%5Y57.8%+3.4%
5Y57.8%10Y47.2%+10.6%
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ61.2%15.5%+45.7%
TTM61.2%12.3%+48.9%
YOY65.9%16.4%+49.5%
5Y57.8%8.3%+49.5%
10Y47.2%8.9%+38.3%
1.2.2. Operating Ratio

Measures how efficient ICICI Securities Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Capital Markets industry mean).
  • An Operation Ratio of 0.39 means that the operating costs are ₹0.39 for each ₹1 in net sales.

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

  • The MRQ is 0.391. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.391. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.391TTM0.3910.000
TTM0.391YOY0.402-0.011
TTM0.3915Y0.464-0.074
5Y0.46410Y0.548-0.084
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3911.082-0.691
TTM0.3910.996-0.605
YOY0.4020.964-0.562
5Y0.4640.918-0.454
10Y0.5480.879-0.331

1.3. Liquidity of ICICI Securities Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if ICICI Securities Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Capital Markets industry mean).
  • A Current Ratio of 15.44 means the company has ₹15.44 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 15.435. The company is very able to pay all its short-term debts. +2
  • The TTM is 15.435. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ15.435TTM15.4350.000
TTM15.435YOY1.205+14.230
TTM15.4355Y4.111+11.324
5Y4.11110Y2.668+1.442
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ15.4352.118+13.317
TTM15.4351.674+13.761
YOY1.2051.871-0.666
5Y4.1112.053+2.058
10Y2.6682.044+0.624
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • A Quick Ratio of 22.68 means the company can pay off ₹22.68 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 22.677. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 22.677. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ22.677TTM22.6770.000
TTM22.677YOY1.058+21.618
TTM22.6775Y5.799+16.878
5Y5.79910Y3.743+2.056
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ22.6771.502+21.175
TTM22.6771.260+21.417
YOY1.0581.311-0.253
5Y5.7991.672+4.127
10Y3.7431.590+2.153

1.4. Solvency of ICICI Securities Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of ICICI Securities Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare ICICI Securities Limited to Capital Markets industry mean.
  • A Debt to Asset Ratio of 0.82 means that ICICI Securities Limited assets are financed with 81.7% credit (debt) and the remaining percentage (100% - 81.7%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.817. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.817. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.817TTM0.8170.000
TTM0.817YOY0.822-0.005
TTM0.8175Y0.784+0.033
5Y0.78410Y0.769+0.015
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8170.631+0.186
TTM0.8170.616+0.201
YOY0.8220.621+0.201
5Y0.7840.608+0.176
10Y0.7690.590+0.179
1.4.2. Debt to Equity Ratio

Measures if ICICI Securities Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • A Debt to Equity ratio of 445.8% means that company has ₹4.46 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 4.458. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.458. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.458TTM4.4580.000
TTM4.458YOY4.615-0.157
TTM4.4585Y3.738+0.720
5Y3.73810Y3.501+0.237
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
MRQ4.4581.638+2.820
TTM4.4581.549+2.909
YOY4.6151.573+3.042
5Y3.7381.517+2.221
10Y3.5011.664+1.837

2. Market Valuation of ICICI Securities 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 ICICI Securities Limited generates.

  • Above 15 is considered overpriced but always compare ICICI Securities Limited to the Capital Markets industry mean.
  • A PE ratio of 12.39 means the investor is paying ₹12.39 for every ₹1 in earnings.

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

  • The EOD is 21.068. Based on the earnings, the company is fair priced.
  • The MRQ is 12.394. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.394. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD21.068MRQ12.394+8.675
MRQ12.394TTM12.3940.000
TTM12.394YOY14.554-2.160
TTM12.3945Y14.195-1.801
5Y14.19510Y7.098+7.098
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD21.0687.690+13.378
MRQ12.3947.099+5.295
TTM12.3946.434+5.960
YOY14.5549.106+5.448
5Y14.19510.214+3.981
10Y7.09811.445-4.347
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -29.436. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -17.316. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -17.316. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-29.436MRQ-17.316-12.120
MRQ-17.316TTM-17.3160.000
TTM-17.316YOY-7.560-9.756
TTM-17.3165Y-6.725-10.591
5Y-6.72510Y-3.362-3.362
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD-29.436-0.539-28.897
MRQ-17.316-0.524-16.792
TTM-17.316-0.185-17.131
YOY-7.5600.028-7.588
5Y-6.725-0.489-6.236
10Y-3.362-0.228-3.134
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Capital Markets industry mean).
  • A PB ratio of 4.86 means the investor is paying ₹4.86 for each ₹1 in book value.

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

  • The EOD is 8.255. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.856. Based on the equity, the company is fair priced.
  • The TTM is 4.856. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD8.255MRQ4.856+3.399
MRQ4.856TTM4.8560.000
TTM4.856YOY8.279-3.423
TTM4.8565Y6.958-2.102
5Y6.95810Y3.479+3.479
Compared to industry (Capital Markets)
PeriodCompanyIndustry (mean)+/- 
EOD8.2551.028+7.227
MRQ4.8560.968+3.888
TTM4.8560.953+3.903
YOY8.2791.153+7.126
5Y6.9581.296+5.662
10Y3.4791.459+2.020
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of ICICI Securities 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--13.10913.1090%18.684-30%12.470+5%8.005+64%
Book Value Per Share--88.14988.1490%75.040+17%57.869+52%36.121+144%
Current Ratio--15.43515.4350%1.205+1181%4.111+275%2.668+478%
Debt To Asset Ratio--0.8170.8170%0.822-1%0.784+4%0.769+6%
Debt To Equity Ratio--4.4584.4580%4.615-3%3.738+19%3.501+27%
Dividend Per Share--22.44422.4440%24.650-9%16.574+35%11.078+103%
Eps--34.53734.5370%42.686-19%28.437+21%18.901+83%
Free Cash Flow Per Share---24.720-24.7200%-82.172+232%-29.329+19%-12.214-51%
Free Cash Flow To Equity Per Share---16.500-16.5000%14.477-214%0.394-4288%0.621-2755%
Gross Profit Margin--0.9340.9340%0.915+2%0.946-1%0.929+1%
Intrinsic Value_10Y_max--405.450--------
Intrinsic Value_10Y_min---581.348--------
Intrinsic Value_1Y_max---0.823--------
Intrinsic Value_1Y_min---54.612--------
Intrinsic Value_3Y_max--29.118--------
Intrinsic Value_3Y_min---168.215--------
Intrinsic Value_5Y_max--97.146--------
Intrinsic Value_5Y_min---285.470--------
Market Cap235268897371.200+41%138516980000.000138516980000.0000%201222875000.000-31%126227664192.000+10%63113832096.000+119%
Net Profit Margin--0.3360.3360%0.430-22%0.372-10%0.297+13%
Operating Margin--0.6120.6120%0.659-7%0.578+6%0.472+30%
Operating Ratio--0.3910.3910%0.402-3%0.464-16%0.548-29%
Pb Ratio8.255+41%4.8564.8560%8.279-41%6.958-30%3.479+40%
Pe Ratio21.068+41%12.39412.3940%14.554-15%14.195-13%7.098+75%
Price Per Share727.650+41%428.050428.0500%621.250-31%390.110+10%195.055+119%
Price To Free Cash Flow Ratio-29.436-70%-17.316-17.3160%-7.560-56%-6.725-61%-3.362-81%
Price To Total Gains Ratio20.466+41%12.03912.0390%14.336-16%13.888-13%13.888-13%
Quick Ratio--22.67722.6770%1.058+2043%5.799+291%3.743+506%
Return On Assets--0.0720.0720%0.101-29%0.108-34%0.134-47%
Return On Equity--0.3920.3920%0.569-31%0.502-22%0.566-31%
Total Gains Per Share--35.55435.5540%43.334-18%29.044+22%19.083+86%
Usd Book Value--342300000.000342300000.0000%291663600.000+17%224686800.000+52%140226480.000+144%
Usd Book Value Change Per Share--0.1570.1570%0.224-30%0.150+5%0.096+64%
Usd Book Value Per Share--1.0581.0580%0.900+17%0.694+52%0.433+144%
Usd Dividend Per Share--0.2690.2690%0.296-9%0.199+35%0.133+103%
Usd Eps--0.4140.4140%0.512-19%0.341+21%0.227+83%
Usd Free Cash Flow---95991600.000-95991600.0000%-319387200.000+233%-113921760.000+19%-47453880.000-51%
Usd Free Cash Flow Per Share---0.297-0.2970%-0.986+232%-0.352+19%-0.147-51%
Usd Free Cash Flow To Equity Per Share---0.198-0.1980%0.174-214%0.005-4288%0.007-2755%
Usd Market Cap2823226768.454+41%1662203760.0001662203760.0000%2414674500.000-31%1514731970.304+10%757365985.152+119%
Usd Price Per Share8.732+41%5.1375.1370%7.455-31%4.681+10%2.341+119%
Usd Profit--134115600.000134115600.0000%165912000.000-19%111646800.000+20%74040600.000+81%
Usd Revenue--399222000.000399222000.0000%386029200.000+3%295062960.000+35%224407200.000+78%
Usd Total Gains Per Share--0.4270.4270%0.520-18%0.349+22%0.229+86%
 EOD+5 -3MRQTTM+0 -0YOY+17 -195Y+26 -1010Y+23 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1521.068
Price to Book Ratio (EOD)Between0-18.255
Net Profit Margin (MRQ)Greater than00.336
Operating Margin (MRQ)Greater than00.612
Quick Ratio (MRQ)Greater than122.677
Current Ratio (MRQ)Greater than115.435
Debt to Asset Ratio (MRQ)Less than10.817
Debt to Equity Ratio (MRQ)Less than14.458
Return on Equity (MRQ)Greater than0.150.392
Return on Assets (MRQ)Greater than0.050.072
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.053
Ma 20Greater thanMa 50765.945
Ma 50Greater thanMa 100783.155
Ma 100Greater thanMa 200745.814
OpenGreater thanClose710.000
Total2/5 (40.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Current Deferred Revenue 41,5002,753,8002,795,3007,696,70010,492,0006,055,60016,547,600-114,510,200-97,962,600



Latest Balance Sheet

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

Summary
Total Assets155,688,000
Total Liabilities127,163,000
Total Stockholder Equity28,525,000
 As reported
Total Liabilities 127,163,000
Total Stockholder Equity+ 28,525,000
Total Assets = 155,688,000

Assets

Total Assets155,688,000
Total Current Assets141,205,900
Long-term Assets14,482,100
Total Current Assets
Cash And Cash Equivalents 2,406,400
Short-term Investments 65,501,300
Net Receivables 74,046,600
Inventory -1,535,300
Other Current Assets 786,900
Total Current Assets  (as reported)141,205,900
Total Current Assets  (calculated)141,205,900
+/-0
Long-term Assets
Property Plant Equipment 2,399,700
Intangible Assets 486,300
Other Assets 373,500
Long-term Assets  (as reported)14,482,100
Long-term Assets  (calculated)3,259,500
+/- 11,222,600

Liabilities & Shareholders' Equity

Total Current Liabilities9,148,400
Long-term Liabilities118,014,600
Total Stockholder Equity28,525,000
Total Current Liabilities
Short-term Debt 93,020,300
Short Long Term Debt 92,925,800
Accounts payable 9,148,400
Other Current Liabilities 4,942,300
Total Current Liabilities  (as reported)9,148,400
Total Current Liabilities  (calculated)200,036,800
+/- 190,888,400
Long-term Liabilities
Long term Debt Total 1,082,700
Long term Debt 92,925,800
Capital Lease Obligations 1,082,700
Other Liabilities 2,320,800
Long-term Liabilities Other 5,514,500
Long-term Liabilities  (as reported)118,014,600
Long-term Liabilities  (calculated)102,926,500
+/- 15,088,100
Total Stockholder Equity
Common Stock1,614,300
Retained Earnings 24,811,600
Accumulated Other Comprehensive Income 1,603,600
Capital Surplus 495,500
Total Stockholder Equity (as reported)28,525,000
Total Stockholder Equity (calculated)28,525,000
+/-0
Other
Capital Stock1,614,300
Cash And Equivalents67,907,700
Cash and Short Term Investments 67,907,700
Common Stock Shares Outstanding 323,600
Current Deferred Revenue-97,962,600
Liabilities and Stockholders Equity 155,688,000
Net Debt 91,602,100
Net Invested Capital 121,450,800
Net Tangible Assets 28,038,700
Net Working Capital 132,057,500
Property Plant and Equipment Gross 2,399,700
Short Long Term Debt Total 94,008,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-31
> Total Assets 
8,402,300
15,728,500
13,628,600
13,974,900
20,474,400
28,801,700
46,645,900
44,428,200
81,809,100
136,462,200
155,688,000
155,688,000136,462,20081,809,10044,428,20046,645,90028,801,70020,474,40013,974,90013,628,60015,728,5008,402,300
   > Total Current Assets 
6,358,000
13,475,100
11,535,300
11,513,100
17,328,100
26,155,500
44,910,900
39,067,600
78,133,000
132,484,500
141,205,900
141,205,900132,484,50078,133,00039,067,60044,910,90026,155,50017,328,10011,513,10011,535,30013,475,1006,358,000
       Cash And Cash Equivalents 
299,800
1,035,000
821,400
264,100
1,206,300
1,770,700
18,841,100
5,420,000
3,093,500
7,735,900
2,406,400
2,406,4007,735,9003,093,5005,420,00018,841,1001,770,7001,206,300264,100821,4001,035,000299,800
       Short-term Investments 
4,429,200
5,931,600
7,709,200
6,130,100
7,618,000
13,202,500
15,250,800
26,682,200
40,995,900
51,817,200
65,501,300
65,501,30051,817,20040,995,90026,682,20015,250,80013,202,5007,618,0006,130,1007,709,2005,931,6004,429,200
       Net Receivables 
0
0
2,356,500
3,240,000
7,874,500
10,259,400
9,716,300
1,600,800
5,507,500
5,004,100
74,046,600
74,046,6005,004,1005,507,5001,600,8009,716,30010,259,4007,874,5003,240,0002,356,50000
       Inventory 
51,100
277,000
338,100
1,412,700
310,900
376,600
0
4,995,800
28,093,100
67,411,700
-1,535,300
-1,535,30067,411,70028,093,1004,995,8000376,600310,9001,412,700338,100277,00051,100
       Other Current Assets 
1,577,900
6,231,500
2,666,600
3,706,200
8,192,900
10,805,700
167,700
368,800
443,000
515,600
786,900
786,900515,600443,000368,800167,70010,805,7008,192,9003,706,2002,666,6006,231,5001,577,900
   > Long-term Assets 
2,044,300
2,253,400
2,093,300
2,461,800
3,146,300
2,646,200
1,735,000
5,360,600
3,676,100
3,977,700
14,482,100
14,482,1003,977,7003,676,1005,360,6001,735,0002,646,2003,146,3002,461,8002,093,3002,253,4002,044,300
       Property Plant Equipment 
178,100
200,000
259,600
254,700
242,400
312,100
307,200
1,857,200
1,414,400
1,616,900
2,399,700
2,399,7001,616,9001,414,4001,857,200307,200312,100242,400254,700259,600200,000178,100
       Long Term Investments 
0
0
12,200
12,200
21,200
27,500
29,600
0
0
0
0
000029,60027,50021,20012,20012,20000
       Intangible Assets 
178,300
163,700
125,800
123,500
132,300
109,200
168,400
203,800
266,700
342,100
486,300
486,300342,100266,700203,800168,400109,200132,300123,500125,800163,700178,300
       Other Assets 
0
0
1,695,700
508,600
2,751,100
666,200
737,500
595,500
560,100
424,100
373,500
373,500424,100560,100595,500737,500666,2002,751,100508,6001,695,70000
> Total Liabilities 
5,784,600
13,234,900
10,105,500
9,993,300
15,578,600
20,459,900
36,173,200
32,332,800
63,588,000
112,156,900
127,163,000
127,163,000112,156,90063,588,00032,332,80036,173,20020,459,90015,578,6009,993,30010,105,50013,234,9005,784,600
   > Total Current Liabilities 
5,071,100
12,674,500
9,419,800
9,098,200
14,414,000
19,024,600
34,920,700
29,023,900
60,940,800
109,962,400
9,148,400
9,148,400109,962,40060,940,80029,023,90034,920,70019,024,60014,414,0009,098,2009,419,80012,674,5005,071,100
       Short-term Debt 
2,199,100
3,171,300
2,265,300
1,728,600
3,954,100
6,725,100
4,473,000
15,030,400
35,216,600
77,412,700
93,020,300
93,020,30077,412,70035,216,60015,030,4004,473,0006,725,1003,954,1001,728,6002,265,3003,171,3002,199,100
       Short Long Term Debt 
0
0
2,265,300
1,728,600
3,954,100
6,725,100
4,473,000
14,975,300
35,209,600
77,392,300
92,925,800
92,925,80077,392,30035,209,60014,975,3004,473,0006,725,1003,954,1001,728,6002,265,30000
       Accounts payable 
2,195,400
8,366,700
5,568,800
5,925,400
8,699,300
10,077,200
23,362,000
6,926,400
10,264,600
10,776,100
9,148,400
9,148,40010,776,10010,264,6006,926,40023,362,00010,077,2008,699,3005,925,4005,568,8008,366,7002,195,400
       Other Current Liabilities 
676,600
1,136,500
1,585,700
1,444,200
1,760,600
2,222,300
7,044,200
4,271,800
4,967,600
5,226,000
4,942,300
4,942,3005,226,0004,967,6004,271,8007,044,2002,222,3001,760,6001,444,2001,585,7001,136,500676,600
   > Long-term Liabilities 
713,500
560,400
685,700
895,100
1,164,600
1,435,300
1,252,500
3,308,900
2,647,200
2,194,500
118,014,600
118,014,6002,194,5002,647,2003,308,9001,252,5001,435,3001,164,600895,100685,700560,400713,500
       Long term Debt Total 
0
0
0
0
0
0
0
1,519,300
1,053,800
1,019,400
1,082,700
1,082,7001,019,4001,053,8001,519,3000000000
       Other Liabilities 
0
0
685,700
895,100
1,164,600
2,900,200
3,318,400
3,567,600
3,342,000
2,803,400
2,320,800
2,320,8002,803,4003,342,0003,567,6003,318,4002,900,2001,164,600895,100685,70000
> Total Stockholder Equity
2,617,700
2,493,600
3,523,100
3,981,600
4,895,800
8,341,800
10,472,700
12,095,400
18,221,100
24,305,300
28,525,000
28,525,00024,305,30018,221,10012,095,40010,472,7008,341,8004,895,8003,981,6003,523,1002,493,6002,617,700
   Common Stock
1,610,700
1,610,700
1,610,700
1,610,700
1,610,700
1,610,700
1,610,700
1,610,700
1,611,100
1,613,400
1,614,300
1,614,3001,613,4001,611,1001,610,7001,610,7001,610,7001,610,7001,610,7001,610,7001,610,7001,610,700
   Retained Earnings 
-191,500
99,500
941,400
1,390,000
2,308,200
5,753,000
7,613,300
9,109,500
15,059,700
20,899,100
24,811,600
24,811,60020,899,10015,059,7009,109,5007,613,3005,753,0002,308,2001,390,000941,40099,500-191,500
   Capital Surplus 
0
0
0
244,000
244,000
244,000
244,000
244,000
268,200
418,500
495,500
495,500418,500268,200244,000244,000244,000244,000244,000000
   Treasury Stock00000000000
   Other Stockholders Equity 
1,033,400
1,113,700
1,348,700
1,429,200
1,443,400
1,476,400
1,350,900
-11,387,000
270,400
418,500
495,500
495,500418,500270,400-11,387,0001,350,9001,476,4001,443,4001,429,2001,348,7001,113,7001,033,400



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 (+$)
totalRevenue33,268,500
Cost of Revenue-8,541,400
Gross Profit24,727,10024,727,100
 
Operating Income (+$)
Gross Profit24,727,100
Operating Expense-4,450,300
Operating Income20,374,10020,276,800
 
Operating Expense (+$)
Research Development0
Selling General Administrative433,300
Selling And Marketing Expenses741,800
Operating Expense4,450,3001,175,100
 
Net Interest Income (+$)
Interest Income4,473,900
Interest Expense-5,362,900
Other Finance Cost-4,473,900
Net Interest Income-5,362,900
 
Pretax Income (+$)
Operating Income20,374,100
Net Interest Income-5,362,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)15,011,2005,362,900
EBIT - interestExpense = 15,011,200
15,011,200
16,539,200
Interest Expense5,362,900
Earnings Before Interest and Taxes (EBIT)20,374,10020,374,100
Earnings Before Interest and Taxes (EBITDA)21,124,800
 
After tax Income (+$)
Income Before Tax15,011,200
Tax Provision-3,834,900
Net Income From Continuing Ops11,176,30011,176,300
Net Income11,176,300
Net Income Applicable To Common Shares11,176,300
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses12,991,700
Total Other Income/Expenses Net15,011,2005,362,900
 

Technical Analysis of ICICI Securities 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 ICICI Securities Limited. The general trend of ICICI Securities Limited is BULLISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ICICI Securities 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 (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 ICICI Securities 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: 711.70 < 771.65 < 856.00.

The bearish price targets are: 706.05 > 702.90 > 654.00.

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ICICI Securities 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 ICICI Securities Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Directionalities and relatives.

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

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

ICICI Securities 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 ICICI Securities Limited. The current macd is -16.56109423.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the ICICI Securities 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 ICICI Securities 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 ICICI Securities Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
ICICI Securities Limited Daily Moving Average Convergence/Divergence (MACD) ChartICICI Securities 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 ICICI Securities Limited. The current adx is 21.09.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 ICICI Securities Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
ICICI Securities 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 ICICI Securities Limited. The current sar is 761.75.

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
ICICI Securities 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 ICICI Securities Limited. The current rsi is 39.05. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
ICICI Securities Limited Daily Relative Strength Index (RSI) ChartICICI Securities 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 ICICI Securities Limited. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-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 below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the ICICI Securities Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
ICICI Securities Limited Daily Stochastic Oscillator ChartICICI Securities 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 ICICI Securities Limited. The current cci is -87.01571977.

ICICI Securities Limited Daily Commodity Channel Index (CCI) ChartICICI Securities 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 ICICI Securities Limited. The current cmo is -25.83448605.

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
ICICI Securities Limited Daily Chande Momentum Oscillator (CMO) ChartICICI Securities 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 ICICI Securities Limited. The current willr is -82.69143634.

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
ICICI Securities Limited Daily Williams %R ChartICICI Securities 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 ICICI Securities Limited.

ICICI Securities 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 ICICI Securities Limited. The current atr is 27.25.

ICICI Securities Limited Daily Average True Range (ATR) ChartICICI Securities 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 ICICI Securities Limited. The current obv is 27,315,785.

ICICI Securities Limited Daily On-Balance Volume (OBV) ChartICICI Securities 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 ICICI Securities Limited. The current mfi is 26.52.

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
ICICI Securities Limited Daily Money Flow Index (MFI) ChartICICI Securities Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ICICI Securities 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI 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).
2023-11-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH 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
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-05SAR 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).
2024-01-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-11WILLR 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).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-02-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12MACD 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
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR 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).
2024-03-11DMI 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
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

ICICI Securities Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.053
Ma 20Greater thanMa 50765.945
Ma 50Greater thanMa 100783.155
Ma 100Greater thanMa 200745.814
OpenGreater thanClose710.000
Total2/5 (40.0%)
Penke

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