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Jai Balaji Industries Limited
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PenkeI guess you are interested in Jai Balaji Industries 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 Jai Balaji Industries 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 Jai Balaji Industries Limited (30 sec.)










What can you expect buying and holding a share of Jai Balaji Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
INR33.98
Expected worth in 1 year
INR576.33
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
INR542.35
Return On Investment
58.2%

For what price can you sell your share?

Current Price per Share
INR931.25
Expected price per share
INR620.00 - INR1,314
How sure are you?
50%

1. Valuation of Jai Balaji Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR931.25

Intrinsic Value Per Share

INR6.77 - INR224.10

Total Value Per Share

INR40.75 - INR258.08

2. Growth of Jai Balaji Industries Limited (5 min.)




Is Jai Balaji Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$66.7m-$199.5m$266.2m399.0%

How much money is Jai Balaji Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$6.9m$5.7m$1.1m16.9%
Net Profit Margin0.9%1.0%--

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

3. Financial Health of Jai Balaji Industries Limited (5 min.)




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




  Industry Rankings (Steel)  


Richest
#254 / 330

Most Revenue
#88 / 330

Most Profit
#151 / 330

Most Efficient
#215 / 330

What can you expect buying and holding a share of Jai Balaji Industries Limited? (5 min.)

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

What can you expect buying and holding a share of Jai Balaji Industries Limited?

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

Speculation

The Price per Share of Jai Balaji Industries Limited is INR931.25. 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 Jai Balaji Industries 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 Jai Balaji Industries 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 INR33.98. Based on the TTM, the Book Value Change Per Share is INR135.59 per quarter. Based on the YOY, the Book Value Change Per Share is INR4.29 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Jai Balaji Industries Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.040.0%0.040.0%0.040.0%-0.030.0%-0.160.0%
Usd Book Value Change Per Share1.630.2%1.630.2%0.050.0%0.290.0%-0.030.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share1.630.2%1.630.2%0.050.0%0.290.0%-0.030.0%
Usd Price Per Share0.55-0.55-0.53-0.41-0.27-
Price to Earnings Ratio12.89-12.89-14.93-2.91-1.16-
Price-to-Total Gains Ratio0.34-0.34-10.22--0.78--0.65-
Price to Book Ratio1.34-1.34--0.43-0.02--0.06-
Price-to-Total Gains Ratio0.34-0.34-10.22--0.78--0.65-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.175
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share1.630.29
Usd Total Gains Per Share1.630.29
Gains per Quarter (89 shares)144.8125.88
Gains per Year (89 shares)579.23103.52
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10579569010494
20115811480207198
30173817270311302
40231723060414406
50289628850518510
60347534640621614
70405540430725718
80463446220828822
90521352010932926
10057925780010351030

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%2.08.00.020.0%6.08.00.042.9%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%2.08.00.020.0%6.08.00.042.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%6.00.04.060.0%10.00.04.071.4%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%2.08.00.020.0%6.08.00.042.9%

Fundamentals of Jai Balaji Industries Limited

About Jai Balaji Industries Limited

Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India. The company provides sponge iron, pig iron, DRI, ductile iron pipes, ferro chrome, TMT bars, coke, steel bars/rods, sinter, ornamental steel grills, Portland slag cement, ferro alloys, and alloy carbon and mild steel billets and rounds. It offers its TMT bars under the Balaji Shakti brand. The company also exports its products. Jai Balaji Industries Limited was incorporated in 1999 and is based in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-23 12:02:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is 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 underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Jai Balaji Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jai Balaji Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • A Net Profit Margin of 0.9% means that ₹0.01 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jai Balaji Industries Limited:

  • The MRQ is 0.9%. The company is not making a profit/loss.
  • The TTM is 0.9%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.9%TTM0.9%0.0%
TTM0.9%YOY1.0%-0.1%
TTM0.9%5Y-2.0%+2.9%
5Y-2.0%10Y-13.5%+11.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9%2.6%-1.7%
TTM0.9%2.9%-2.0%
YOY1.0%4.8%-3.8%
5Y-2.0%3.5%-5.5%
10Y-13.5%2.9%-16.4%
1.1.2. Return on Assets

Shows how efficient Jai Balaji Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • 2.0% Return on Assets means that Jai Balaji Industries Limited generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jai Balaji Industries Limited:

  • The MRQ is 2.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.0%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.0%TTM2.0%0.0%
TTM2.0%YOY1.6%+0.3%
TTM2.0%5Y-1.5%+3.5%
5Y-1.5%10Y-5.7%+4.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0%1.1%+0.9%
TTM2.0%1.2%+0.8%
YOY1.6%1.9%-0.3%
5Y-1.5%1.3%-2.8%
10Y-5.7%1.0%-6.7%
1.1.3. Return on Equity

Shows how efficient Jai Balaji Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • 10.4% Return on Equity means Jai Balaji Industries Limited generated ₹0.10 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jai Balaji Industries Limited:

  • The MRQ is 10.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.4%TTM10.4%0.0%
TTM10.4%YOY-+10.4%
TTM10.4%5Y2.1%+8.3%
5Y2.1%10Y-14.0%+16.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ10.4%2.0%+8.4%
TTM10.4%2.2%+8.2%
YOY-3.8%-3.8%
5Y2.1%2.4%-0.3%
10Y-14.0%1.8%-15.8%

1.2. Operating Efficiency of Jai Balaji Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jai Balaji Industries Limited is operating .

  • Measures how much profit Jai Balaji Industries 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 Jai Balaji Industries Limited to the Steel industry mean.
  • An Operating Margin of 3.2% means the company generated ₹0.03  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jai Balaji Industries Limited:

  • The MRQ is 3.2%. The company is operating less efficient.
  • The TTM is 3.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ3.2%TTM3.2%0.0%
TTM3.2%YOY5.5%-2.3%
TTM3.2%5Y1.5%+1.6%
5Y1.5%10Y-6.9%+8.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.2%5.9%-2.7%
TTM3.2%3.4%-0.2%
YOY5.5%6.1%-0.6%
5Y1.5%5.6%-4.1%
10Y-6.9%4.1%-11.0%
1.2.2. Operating Ratio

Measures how efficient Jai Balaji Industries Limited is keeping operating costs low.

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

Let's take a look of the Operating Ratio trends of Jai Balaji Industries Limited:

  • The MRQ is 0.974. The company is less efficient in keeping operating costs low.
  • The TTM is 0.974. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.974TTM0.9740.000
TTM0.974YOY0.951+0.023
TTM0.9745Y0.994-0.019
5Y0.99410Y1.055-0.062
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9741.706-0.732
TTM0.9741.629-0.655
YOY0.9511.488-0.537
5Y0.9941.527-0.533
10Y1.0551.306-0.251

1.3. Liquidity of Jai Balaji Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jai Balaji Industries Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Steel industry mean).
  • A Current Ratio of 0.78 means the company has ₹0.78 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Jai Balaji Industries Limited:

  • The MRQ is 0.785. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.785. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.785TTM0.7850.000
TTM0.785YOY0.319+0.465
TTM0.7855Y0.434+0.351
5Y0.43410Y0.526-0.092
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7851.669-0.884
TTM0.7851.736-0.951
YOY0.3191.669-1.350
5Y0.4341.615-1.181
10Y0.5261.436-0.910
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • A Quick Ratio of 0.21 means the company can pay off ₹0.21 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jai Balaji Industries Limited:

  • The MRQ is 0.208. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.208. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.208TTM0.2080.000
TTM0.208YOY0.043+0.164
TTM0.2085Y0.118+0.090
5Y0.11810Y0.213-0.095
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2080.612-0.404
TTM0.2080.647-0.439
YOY0.0430.717-0.674
5Y0.1180.693-0.575
10Y0.2130.633-0.420

1.4. Solvency of Jai Balaji Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jai Balaji Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jai Balaji Industries Limited to Steel industry mean.
  • A Debt to Asset Ratio of 0.81 means that Jai Balaji Industries Limited assets are financed with 81.2% credit (debt) and the remaining percentage (100% - 81.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Jai Balaji Industries Limited:

  • The MRQ is 0.812. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.812. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.812TTM0.8120.000
TTM0.812YOY1.560-0.748
TTM0.8125Y1.400-0.588
5Y1.40010Y1.296+0.104
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8120.447+0.365
TTM0.8120.449+0.363
YOY1.5600.477+1.083
5Y1.4000.487+0.913
10Y1.2960.510+0.786
1.4.2. Debt to Equity Ratio

Measures if Jai Balaji Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • A Debt to Equity ratio of 432.3% means that company has ₹4.32 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Jai Balaji Industries Limited:

  • The MRQ is 4.323. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.323. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.323TTM4.3230.000
TTM4.323YOY-+4.323
TTM4.3235Y0.865+3.458
5Y0.86510Y2.195-1.330
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.3230.812+3.511
TTM4.3230.848+3.475
YOY-0.938-0.938
5Y0.8650.997-0.132
10Y2.1951.192+1.003

2. Market Valuation of Jai Balaji Industries 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 Jai Balaji Industries Limited generates.

  • Above 15 is considered overpriced but always compare Jai Balaji Industries Limited to the Steel industry mean.
  • A PE ratio of 12.89 means the investor is paying ₹12.89 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Jai Balaji Industries Limited:

  • The EOD is 263.529. Based on the earnings, the company is expensive. -2
  • The MRQ is 12.890. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.890. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD263.529MRQ12.890+250.639
MRQ12.890TTM12.8900.000
TTM12.890YOY14.931-2.041
TTM12.8905Y2.906+9.984
5Y2.90610Y1.158+1.748
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD263.5298.509+255.020
MRQ12.8907.916+4.974
TTM12.8907.165+5.725
YOY14.9316.986+7.945
5Y2.9068.371-5.465
10Y1.15811.042-9.884
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 66.705. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 3.263. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.263. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD66.705MRQ3.263+63.443
MRQ3.263TTM3.2630.000
TTM3.263YOY2.139+1.123
TTM3.2635Y30.581-27.319
5Y30.58110Y14.860+15.721
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD66.7053.022+63.683
MRQ3.2632.944+0.319
TTM3.2632.158+1.105
YOY2.1391.434+0.705
5Y30.5810.944+29.637
10Y14.8601.561+13.299
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jai Balaji Industries Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Steel industry mean).
  • A PB ratio of 1.34 means the investor is paying ₹1.34 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Jai Balaji Industries Limited:

  • The EOD is 27.406. Based on the equity, the company is expensive. -2
  • The MRQ is 1.341. Based on the equity, the company is underpriced. +1
  • The TTM is 1.341. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD27.406MRQ1.341+26.066
MRQ1.341TTM1.3410.000
TTM1.341YOY-0.432+1.772
TTM1.3415Y0.021+1.319
5Y0.02110Y-0.058+0.079
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD27.4061.005+26.401
MRQ1.3410.953+0.388
TTM1.3410.958+0.383
YOY-0.4321.077-1.509
5Y0.0211.064-1.043
10Y-0.0581.127-1.185
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jai Balaji Industries 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--135.589135.5890%4.292+3059%24.232+460%-2.773+102%
Book Value Per Share--33.97933.9790%-101.609+399%-74.277+319%-57.833+270%
Current Ratio--0.7850.7850%0.319+146%0.434+81%0.526+49%
Debt To Asset Ratio--0.8120.8120%1.560-48%1.400-42%1.296-37%
Debt To Equity Ratio--4.3234.3230%-+100%0.865+400%2.195+97%
Dividend Per Share----0%-0%0.000-100%0.000-100%
Eps--3.5343.5340%2.937+20%-2.908+182%-13.318+477%
Free Cash Flow Per Share--13.96113.9610%20.496-32%11.398+22%3.487+300%
Free Cash Flow To Equity Per Share--2.2242.2240%-0.940+142%-0.095+104%-0.806+136%
Gross Profit Margin---1.714-1.7140%-0.162-91%0.348-593%0.683-351%
Intrinsic Value_10Y_max--224.102--------
Intrinsic Value_10Y_min--6.772--------
Intrinsic Value_1Y_max--15.675--------
Intrinsic Value_1Y_min--2.807--------
Intrinsic Value_3Y_max--52.265--------
Intrinsic Value_3Y_min--6.641--------
Intrinsic Value_5Y_max--95.086--------
Intrinsic Value_5Y_min--8.479--------
Market Cap152399062500.000+95%7454257500.0007454257500.0000%7176052500.000+4%5593557000.000+33%3729583500.000+100%
Net Profit Margin--0.0090.0090%0.010-10%-0.020+310%-0.135+1530%
Operating Margin--0.0320.0320%0.055-42%0.015+108%-0.069+318%
Operating Ratio--0.9740.9740%0.951+2%0.994-2%1.055-8%
Pb Ratio27.406+95%1.3411.3410%-0.432+132%0.021+6201%-0.058+104%
Pe Ratio263.529+95%12.89012.8900%14.931-14%2.906+344%1.158+1013%
Price Per Share931.250+95%45.55045.5500%43.850+4%34.180+33%22.790+100%
Price To Free Cash Flow Ratio66.705+95%3.2633.2630%2.139+53%30.581-89%14.860-78%
Price To Total Gains Ratio6.868+95%0.3360.3360%10.216-97%-0.784+333%-0.654+295%
Quick Ratio--0.2080.2080%0.043+378%0.118+76%0.213-3%
Return On Assets--0.0200.0200%0.016+21%-0.015+178%-0.057+394%
Return On Equity--0.1040.1040%-+100%0.021+400%-0.140+235%
Total Gains Per Share--135.589135.5890%4.292+3059%24.232+460%-2.773+102%
Usd Book Value--66728580.00066728580.0000%-199540380.000+399%-145864790.400+319%-113572140.000+270%
Usd Book Value Change Per Share--1.6271.6270%0.052+3059%0.291+460%-0.033+102%
Usd Book Value Per Share--0.4080.4080%-1.219+399%-0.891+319%-0.694+270%
Usd Dividend Per Share----0%-0%0.000-100%0.000-100%
Usd Eps--0.0420.0420%0.035+20%-0.035+182%-0.160+477%
Usd Free Cash Flow--27415896.00027415896.0000%40251000.000-32%22384185.600+22%6846925.200+300%
Usd Free Cash Flow Per Share--0.1680.1680%0.246-32%0.137+22%0.042+300%
Usd Free Cash Flow To Equity Per Share--0.0270.0270%-0.011+142%-0.001+104%-0.010+136%
Usd Market Cap1828788750.000+95%89451090.00089451090.0000%86112630.000+4%67122684.000+33%44755002.000+100%
Usd Price Per Share11.175+95%0.5470.5470%0.526+4%0.410+33%0.273+100%
Usd Profit--6939624.0006939624.0000%5767860.000+20%-5710704.000+182%-25939815.600+474%
Usd Revenue--735008964.000735008964.0000%551724864.000+33%463291740.000+59%337111569.600+118%
Usd Total Gains Per Share--1.6271.6270%0.052+3059%0.291+460%-0.033+102%
 EOD+4 -4MRQTTM+0 -0YOY+22 -125Y+29 -710Y+28 -8

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15263.529
Price to Book Ratio (EOD)Between0-127.406
Net Profit Margin (MRQ)Greater than00.009
Operating Margin (MRQ)Greater than00.032
Quick Ratio (MRQ)Greater than10.208
Current Ratio (MRQ)Greater than10.785
Debt to Asset Ratio (MRQ)Less than10.812
Debt to Equity Ratio (MRQ)Less than14.323
Return on Equity (MRQ)Greater than0.150.104
Return on Assets (MRQ)Greater than0.050.020
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.747
Ma 20Greater thanMa 501,083.015
Ma 50Greater thanMa 1001,066.629
Ma 100Greater thanMa 200885.299
OpenGreater thanClose950.000
Total4/5 (80.0%)



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
Total Stockholder Equity -15,799,466-779,623-16,579,089-751,702-17,330,791702,426-16,628,36522,189,0805,560,715
Net Tangible Assets  -15,801,522-780,351-16,581,873-751,393-17,333,266700,638-16,632,62822,190,1405,557,512



Latest Balance Sheet

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

Summary
Total Assets29,598,967
Total Liabilities24,038,252
Total Stockholder Equity5,560,715
 As reported
Total Liabilities 24,038,252
Total Stockholder Equity+ 5,560,715
Total Assets = 29,598,967

Assets

Total Assets29,598,967
Total Current Assets13,715,169
Long-term Assets15,883,798
Total Current Assets
Cash And Cash Equivalents 244,854
Short-term Investments 545,339
Net Receivables 2,293,105
Inventory 8,213,678
Other Current Assets 2,386,989
Total Current Assets  (as reported)13,715,169
Total Current Assets  (calculated)13,683,965
+/- 31,204
Long-term Assets
Property Plant Equipment 12,001,123
Intangible Assets 3,203
Other Assets 3,556,799
Long-term Assets  (as reported)15,883,798
Long-term Assets  (calculated)15,561,125
+/- 322,673

Liabilities & Shareholders' Equity

Total Current Liabilities17,480,134
Long-term Liabilities6,558,118
Total Stockholder Equity5,560,715
Total Current Liabilities
Short-term Debt 2,337,747
Short Long Term Debt 2,336,734
Accounts payable 8,989,513
Other Current Liabilities 4,103,581
Total Current Liabilities  (as reported)17,480,134
Total Current Liabilities  (calculated)17,767,575
+/- 287,441
Long-term Liabilities
Long term Debt Total 6,265,906
Other Liabilities 292,212
Long-term Liabilities  (as reported)6,558,118
Long-term Liabilities  (calculated)6,558,118
+/-0
Total Stockholder Equity
Common Stock1,454,503
Retained Earnings -24,712,641
Accumulated Other Comprehensive Income 21,688,252
Capital Surplus 6,690,601
Total Stockholder Equity (as reported)5,560,715
Total Stockholder Equity (calculated)5,120,715
+/- 440,000
Other
Capital Stock1,454,503
Cash And Equivalents10,000
Cash and Short Term Investments 790,193
Common Stock Shares Outstanding 140,706
Current Deferred Revenue2,049,293
Liabilities and Stockholders Equity 29,598,967
Net Debt 8,358,799
Net Invested Capital 14,157,467
Net Tangible Assets 5,557,512
Net Working Capital -3,764,965
Property Plant and Equipment Gross 12,001,123
Short Long Term Debt Total 8,603,653



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-31
> Total Assets 
22,750,983
26,756,522
30,346,515
36,703,052
40,420,295
41,178,287
41,196,300
40,930,443
39,329,284
36,949,578
32,380,103
32,039,521
29,792,672
30,062,329
29,691,461
29,598,967
29,598,96729,691,46130,062,32929,792,67232,039,52132,380,10336,949,57839,329,28440,930,44341,196,30041,178,28740,420,29536,703,05230,346,51526,756,52222,750,983
   > Total Current Assets 
10,775,099
10,905,936
11,505,948
14,578,114
16,284,787
16,720,859
17,199,168
17,270,271
16,824,346
15,615,022
13,219,690
13,969,534
12,438,467
13,008,758
12,918,385
13,715,169
13,715,16912,918,38513,008,75812,438,46713,969,53413,219,69015,615,02216,824,34617,270,27117,199,16816,720,85916,284,78714,578,11411,505,94810,905,93610,775,099
       Cash And Cash Equivalents 
212,768
224,632
233,230
415,300
235,704
421,835
270,396
341,409
167,682
142,466
73,054
71,488
110,767
256,415
132,147
244,854
244,854132,147256,415110,76771,48873,054142,466167,682341,409270,396421,835235,704415,300233,230224,632212,768
       Short-term Investments 
0
2,749,889
1,956,938
1,705,002
41
34
0
0
0
15,001
1,660
13,430
732
3,579
31,397
545,339
545,33931,3973,57973213,4301,66015,00100034411,705,0021,956,9382,749,8890
       Net Receivables 
0
0
0
0
0
0
10,139,071
7,712,408
7,368,125
7,187,619
6,281,755
6,215,331
2,843,896
2,440,099
1,561,383
2,293,105
2,293,1051,561,3832,440,0992,843,8966,215,3316,281,7557,187,6197,368,1257,712,40810,139,071000000
       Inventory 
4,746,550
5,305,005
5,001,673
6,249,083
8,458,876
6,245,353
5,395,123
5,287,185
5,278,782
4,595,749
4,884,950
4,960,108
5,785,889
6,991,649
7,580,274
8,213,678
8,213,6787,580,2746,991,6495,785,8894,960,1084,884,9504,595,7495,278,7825,287,1855,395,1236,245,3538,458,8766,249,0835,001,6735,305,0054,746,550
       Other Current Assets 
5,815,781
2,626,410
4,314,107
6,208,729
7,590,166
10,053,637
11,533,649
11,641,677
11,377,882
10,876,807
8,261,686
8,937,938
3,697,915
3,026,576
3,244,023
2,386,989
2,386,9893,244,0233,026,5763,697,9158,937,9388,261,68610,876,80711,377,88211,641,67711,533,64910,053,6377,590,1666,208,7294,314,1072,626,4105,815,781
   > Long-term Assets 
11,975,884
15,850,586
18,840,567
22,124,938
24,135,508
24,457,428
23,997,132
23,660,172
22,504,938
21,334,556
19,160,413
18,069,987
17,354,205
17,053,571
16,773,076
15,883,798
15,883,79816,773,07617,053,57117,354,20518,069,98719,160,41321,334,55622,504,93823,660,17223,997,13224,457,42824,135,50822,124,93818,840,56715,850,58611,975,884
       Property Plant Equipment 
11,807,903
15,813,878
18,804,066
22,088,179
16,811,217
22,266,111
20,814,650
19,357,653
17,797,760
17,178,840
15,281,295
14,031,056
13,356,081
12,831,786
12,168,704
12,001,123
12,001,12312,168,70412,831,78613,356,08114,031,05615,281,29517,178,84017,797,76019,357,65320,814,65022,266,11116,811,21722,088,17918,804,06615,813,87811,807,903
       Long Term Investments 
0
0
0
0
0
0
19,528
19,528
19,528
21,020
9,913
9,913
0
0
0
0
00009,9139,91321,02019,52819,52819,528000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
2,785
2,785
2,476
4,264
3,203
3,2034,2642,4762,7852,78500000000000
       Long-term Assets Other 
38,092
2,749,889
1,956,938
1,705,442
7,318,021
1,323,632
1,281,295
1,230,850
1,635,509
1,084,047
970,604
1,130,417
1,076,913
1,146,932
1,630,234
795,140
795,1401,630,2341,146,9321,076,9131,130,417970,6041,084,0471,635,5091,230,8501,281,2951,323,6327,318,0211,705,4421,956,9382,749,88938,092
> Total Liabilities 
18,276,448
22,261,691
20,995,917
26,604,489
33,127,141
35,868,431
38,984,219
42,886,725
48,104,214
48,029,996
46,647,008
47,838,987
46,371,761
47,393,120
46,319,826
24,038,252
24,038,25246,319,82647,393,12046,371,76147,838,98746,647,00848,029,99648,104,21442,886,72538,984,21935,868,43133,127,14126,604,48920,995,91722,261,69118,276,448
   > Total Current Liabilities 
2,980,464
3,302,905
3,855,312
5,925,557
27,597,721
18,276,818
22,290,469
22,491,482
24,914,520
26,587,016
46,073,832
31,700,428
39,754,450
41,606,057
40,453,131
17,480,134
17,480,13440,453,13141,606,05739,754,45031,700,42846,073,83226,587,01624,914,52022,491,48222,290,46918,276,81827,597,7215,925,5573,855,3123,302,9052,980,464
       Short-term Debt 
0
0
0
0
11,967,293
5,606,389
7,257,434
7,285,414
7,943,332
14,996,860
34,530,598
20,245,497
28,022,003
28,549,007
25,826,110
2,337,747
2,337,74725,826,11028,549,00728,022,00320,245,49734,530,59814,996,8607,943,3327,285,4147,257,4345,606,38911,967,2930000
       Short Long Term Debt 
0
0
0
0
0
0
27,026,681
3,087,303
4,143,611
14,996,860
34,529,585
20,244,484
28,020,990
28,547,994
25,825,097
2,336,734
2,336,73425,825,09728,547,99428,020,99020,244,48434,529,58514,996,8604,143,6113,087,30327,026,681000000
       Accounts payable 
1,764,639
2,600,633
2,517,820
4,059,628
8,043,219
9,525,718
9,250,573
9,041,447
7,991,277
5,813,909
6,414,237
6,701,750
6,903,925
7,503,297
8,186,965
8,989,513
8,989,5138,186,9657,503,2976,903,9256,701,7506,414,2375,813,9097,991,2779,041,4479,250,5739,525,7188,043,2194,059,6282,517,8202,600,6331,764,639
       Other Current Liabilities 
1,215,825
702,272
1,337,492
1,865,929
7,587,209
3,144,711
5,782,462
6,164,621
8,979,911
5,776,247
5,128,997
19,390
13,935
13,315
12,473
4,103,581
4,103,58112,47313,31513,93519,3905,128,9975,776,2478,979,9116,164,6215,782,4623,144,7117,587,2091,865,9291,337,492702,2721,215,825
   > Long-term Liabilities 
15,295,984
18,958,786
17,140,605
20,678,932
5,529,420
17,591,613
16,693,750
20,395,243
23,189,694
21,442,980
573,176
16,138,559
6,617,311
5,787,063
5,866,695
6,558,118
6,558,1185,866,6955,787,0636,617,31116,138,559573,17621,442,98023,189,69420,395,24316,693,75017,591,6135,529,42020,678,93217,140,60518,958,78615,295,984
       Long term Debt Total 
0
0
0
0
0
0
0
20,392,300
23,189,694
531,154
573,175
16,138,558
6,617,310
5,787,062
5,866,694
6,265,906
6,265,9065,866,6945,787,0626,617,31016,138,558573,175531,15423,189,69420,392,3000000000
       Other Liabilities 
0
0
0
0
0
0
-1,142
0
0
0
0
0
0
0
0
292,212
292,21200000000-1,142000000
       Deferred Long Term Liability 
0
0
0
0
0
0
440
440
415,606
523,039
392,123
396,194
400,237
423,184
11,160
0
011,160423,184400,237396,194392,123523,039415,606440440000000
> Total Stockholder Equity
4,474,535
4,494,831
9,350,598
10,098,563
7,293,154
5,309,856
2,212,081
-1,956,282
-8,774,930
-11,080,418
-14,266,904
-15,799,466
-16,579,089
-17,330,791
-16,628,365
5,560,715
5,560,715-16,628,365-17,330,791-16,579,089-15,799,466-14,266,904-11,080,418-8,774,930-1,956,2822,212,0815,309,8567,293,15410,098,5639,350,5984,494,8314,474,535
   Common Stock
471,146
471,147
637,702
637,711
637,711
637,776
672,726
737,776
777,776
862,776
963,826
963,826
1,104,503
1,104,503
1,104,503
1,454,503
1,454,5031,104,5031,104,5031,104,503963,826963,826862,776777,776737,776672,726637,776637,711637,711637,702471,147471,146
   Retained Earnings Total Equity0000000000000000
   Accumulated Other Comprehensive Income 
-967,356
-1,512,065
-2,227,416
-3,090,486
-4,524,332
-5,441,446
-6,874,229
-8,372,998
-9,590,718
-10,615,670
-11,140,388
-12,062,593
-12,895,609
1,687,651
1,894,663
21,688,252
21,688,2521,894,6631,687,651-12,895,609-12,062,593-11,140,388-10,615,670-9,590,718-8,372,998-6,874,229-5,441,446-4,524,332-3,090,486-2,227,416-1,512,065-967,356
   Capital Surplus 
0
0
0
0
0
0
0
7,144
20
0
0
5,001,750
5,220,563
5,220,601
5,220,601
6,690,601
6,690,6015,220,6015,220,6015,220,5635,001,75000207,1440000000
   Treasury Stock0000000000000000
   Other Stockholders Equity 
4,970,745
5,535,459
10,940,312
12,551,338
11,179,775
10,113,526
8,413,584
5,678,940
17,054,563
18,058,245
18,255,488
19,191,994
6,315,752
5,660,601
5,660,600
7,130,601
7,130,6015,660,6005,660,6016,315,75219,191,99418,255,48818,058,24517,054,5635,678,9408,413,58410,113,52611,179,77512,551,33810,940,3125,535,4594,970,745



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 (+$)
totalRevenue61,250,747
Cost of Revenue-42,995,793
Gross Profit18,254,95418,254,954
 
Operating Income (+$)
Gross Profit18,254,954
Operating Expense-16,671,733
Operating Income2,440,0701,583,221
 
Operating Expense (+$)
Research Development0
Selling General Administrative148,559
Selling And Marketing Expenses1,569,473
Operating Expense16,671,7331,718,032
 
Net Interest Income (+$)
Interest Income888,842
Interest Expense-888,842
Other Finance Cost-888,842
Net Interest Income-888,842
 
Pretax Income (+$)
Operating Income2,440,070
Net Interest Income-888,842
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,049,2733,830,867
EBIT - interestExpense = 1,049,273
1,049,273
1,467,144
Interest Expense888,842
Earnings Before Interest and Taxes (EBIT)1,938,1151,938,115
Earnings Before Interest and Taxes (EBITDA)2,917,389
 
After tax Income (+$)
Income Before Tax1,049,273
Tax Provision-470,971
Net Income From Continuing Ops578,302578,302
Net Income578,302
Net Income Applicable To Common Shares578,302
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses59,667,526
Total Other Income/Expenses Net-1,390,797888,842
 

Technical Analysis of Jai Balaji Industries 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 Jai Balaji Industries Limited. The general trend of Jai Balaji Industries Limited is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Jai Balaji Industries Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Jai Balaji Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,314.

The bearish price targets are: 799.10 > 641.90 > 620.00.

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Jai Balaji Industries 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 Jai Balaji Industries Limited. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher 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 above 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

Jai Balaji Industries 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 Jai Balaji Industries Limited. The current macd is -54.03043159.

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 Jai Balaji Industries 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 Jai Balaji Industries 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 Jai Balaji Industries 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
Jai Balaji Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current adx is 31.09.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 Jai Balaji Industries Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Jai Balaji Industries 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 Jai Balaji Industries Limited. The current sar is 972.13.

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
Jai Balaji Industries 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 Jai Balaji Industries Limited. The current rsi is 37.75. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Jai Balaji Industries Limited Daily Relative Strength Index (RSI) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current phase is Correction in bull 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 Jai Balaji Industries Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Jai Balaji Industries Limited Daily Stochastic Oscillator ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current cci is -76.457743.

Jai Balaji Industries Limited Daily Commodity Channel Index (CCI) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current cmo is -30.68300006.

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
Jai Balaji Industries Limited Daily Chande Momentum Oscillator (CMO) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current willr is -74.27558381.

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 Jai Balaji Industries Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Jai Balaji Industries Limited Daily Williams %R ChartJai Balaji Industries 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 Jai Balaji Industries Limited.

Jai Balaji Industries 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 Jai Balaji Industries Limited. The current atr is 67.02.

Jai Balaji Industries Limited Daily Average True Range (ATR) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current obv is 65,999,928.

Jai Balaji Industries Limited Daily On-Balance Volume (OBV) ChartJai Balaji Industries 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 Jai Balaji Industries Limited. The current mfi is 55.52.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Jai Balaji Industries Limited Daily Money Flow Index (MFI) ChartJai Balaji Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jai Balaji Industries 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
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-12DMI 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
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-30DMI 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
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-22STOCH 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.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR 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.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20DMI 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.
2024-02-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-19BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22RSI LONG ENTRY SHORT CLOSE30 crossover to upside

6.3. Candlestick Patterns

Jai Balaji Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5037.747
Ma 20Greater thanMa 501,083.015
Ma 50Greater thanMa 1001,066.629
Ma 100Greater thanMa 200885.299
OpenGreater thanClose950.000
Total4/5 (80.0%)
Penke

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