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Jayaswal Neco Industries Limited
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PenkeI guess you are interested in Jayaswal Neco 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 Jayaswal Neco 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 Jayaswal Neco Industries Limited (30 sec.)










What can you expect buying and holding a share of Jayaswal Neco 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?
0.0%

What is your share worth?

Current worth
INR21.19
Expected worth in 1 year
INR30.44
How sure are you?
40.0%

+ What do you gain per year?

Total Gains per Share
INR9.25
Return On Investment
19.4%

For what price can you sell your share?

Current Price per Share
INR47.55
Expected price per share
INR42.90 - INR65.40
How sure are you?
50%

1. Valuation of Jayaswal Neco Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR47.55

Intrinsic Value Per Share

INR50.34 - INR130.47

Total Value Per Share

INR71.53 - INR151.67

2. Growth of Jayaswal Neco Industries Limited (5 min.)




Is Jayaswal Neco Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$246.9m$220m$26.9m10.9%

How much money is Jayaswal Neco Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$27.2m$269.6m-$242.4m-890.5%
Net Profit Margin3.6%37.7%--

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

3. Financial Health of Jayaswal Neco Industries Limited (5 min.)




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




  Industry Rankings (Steel)  


Richest
#159 / 330

Most Revenue
#87 / 330

Most Profit
#84 / 330

Most Efficient
#142 / 330

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

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

What can you expect buying and holding a share of Jayaswal Neco Industries Limited?

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

Speculation

The Price per Share of Jayaswal Neco Industries Limited is INR47.55. 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 Jayaswal Neco 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 Jayaswal Neco 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 INR21.19. Based on the TTM, the Book Value Change Per Share is INR2.31 per quarter. Based on the YOY, the Book Value Change Per Share is INR32.91 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 Jayaswal Neco 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 Eps0.030.1%0.030.1%0.280.6%0.000.0%-0.010.0%
Usd Book Value Change Per Share0.030.1%0.030.1%0.390.8%0.020.0%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.030.1%0.030.1%0.390.8%0.020.0%0.000.0%
Usd Price Per Share0.25-0.25-0.27-0.15-0.12-
Price to Earnings Ratio9.05-9.05-0.97-1.36-274.15-
Price-to-Total Gains Ratio9.15-9.15-0.68-1.33-0.73-
Price to Book Ratio1.00-1.00-1.19-0.40-0.42-
Price-to-Total Gains Ratio9.15-9.15-0.68-1.33-0.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.5706
Number of shares1752
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.030.02
Usd Total Gains Per Share0.030.02
Gains per Quarter (1752 shares)48.5939.32
Gains per Year (1752 shares)194.37157.27
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101941840157147
203893780315304
305835720472461
407777660629618
509729600786775
60116611540944932
7013611348011011089
8015551542012581246
9017491736014151403
10019441930015731560

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%4.06.00.040.0%11.06.00.064.7%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%10.07.00.058.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%1.00.016.05.9%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.06.00.040.0%10.07.00.058.8%

Fundamentals of Jayaswal Neco Industries Limited

About Jayaswal Neco Industries Limited

Jayaswal Neco Industries Limited engages in the manufacture and sale of steel products, and iron and steel castings in India. It operates through Steel, Iron and Steel Castings, and Other segments. The company offers steel products, including alloy steel bars and wire rods, bright bars, pellets, billets, pig iron/skull, and sponge iron. It also provides automotive castings, such as brake drums, clutch housing, dead axle, cylinder heads, blocks, gear box housings, transmission cases, cast pipes, inserts, etc.; engineering castings, including valves, inserts, carrier housings, axle end caps and backings, and rings; construction castings comprising manhole covers and sand and centrifugal cast pipes; and centricast products, such as sleepers, brake blocks, bearing plates, sockets, and soil/rainwater pipes fittings. In addition, the company is involved in iron and titaniferous ores, and limestone mining; and PVC pipes trading activities. It serves its products in automotive and auto components, defense, infrastructure, construction, oil and gas, power, railways, engineering, generator sets, petroleum and refineries, service lines, and irrigation sectors. The company was incorporated in 1972 and is headquartered in Nagpur, India.

Fundamental data was last updated by Penke on 2024-03-23 12:09:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is 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 unable 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 able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
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 Jayaswal Neco Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Jayaswal Neco Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Jayaswal Neco Industries Limited to the Steel industry mean.
  • A Net Profit Margin of 3.6% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Jayaswal Neco Industries Limited:

  • The MRQ is 3.6%. The company is making a profit. +1
  • The TTM is 3.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.6%TTM3.6%0.0%
TTM3.6%YOY37.7%-34.2%
TTM3.6%5Y-5.2%+8.8%
5Y-5.2%10Y-6.0%+0.8%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.6%2.6%+1.0%
TTM3.6%2.9%+0.7%
YOY37.7%4.8%+32.9%
5Y-5.2%3.5%-8.7%
10Y-6.0%2.9%-8.9%
1.1.2. Return on Assets

Shows how efficient Jayaswal Neco Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Jayaswal Neco Industries Limited to the Steel industry mean.
  • 3.7% Return on Assets means that Jayaswal Neco Industries Limited generated ₹0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Jayaswal Neco Industries Limited:

  • The MRQ is 3.7%. Using its assets, the company is less efficient in making profit.
  • The TTM is 3.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY35.5%-31.8%
TTM3.7%5Y-0.6%+4.3%
5Y-0.6%10Y-1.7%+1.1%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7%1.1%+2.6%
TTM3.7%1.2%+2.5%
YOY35.5%1.9%+33.6%
5Y-0.6%1.3%-1.9%
10Y-1.7%1.0%-2.7%
1.1.3. Return on Equity

Shows how efficient Jayaswal Neco Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Jayaswal Neco Industries Limited to the Steel industry mean.
  • 11.0% Return on Equity means Jayaswal Neco Industries Limited generated ₹0.11 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Jayaswal Neco Industries Limited:

  • The MRQ is 11.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 11.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ11.0%TTM11.0%0.0%
TTM11.0%YOY122.6%-111.6%
TTM11.0%5Y14.0%-3.0%
5Y14.0%10Y-0.2%+14.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ11.0%2.0%+9.0%
TTM11.0%2.2%+8.8%
YOY122.6%3.8%+118.8%
5Y14.0%2.4%+11.6%
10Y-0.2%1.8%-2.0%

1.2. Operating Efficiency of Jayaswal Neco Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Jayaswal Neco Industries Limited is operating .

  • Measures how much profit Jayaswal Neco 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 Jayaswal Neco Industries Limited to the Steel industry mean.
  • An Operating Margin of 8.5% means the company generated ₹0.08  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Jayaswal Neco Industries Limited:

  • The MRQ is 8.5%. The company is operating less efficient.
  • The TTM is 8.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.5%TTM8.5%0.0%
TTM8.5%YOY18.0%-9.5%
TTM8.5%5Y8.2%+0.3%
5Y8.2%10Y5.7%+2.5%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ8.5%5.9%+2.6%
TTM8.5%3.4%+5.1%
YOY18.0%6.1%+11.9%
5Y8.2%5.6%+2.6%
10Y5.7%4.1%+1.6%
1.2.2. Operating Ratio

Measures how efficient Jayaswal Neco Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Steel industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are ₹0.92 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Jayaswal Neco Industries Limited:

  • The MRQ is 0.919. The company is less efficient in keeping operating costs low.
  • The TTM is 0.919. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.919TTM0.9190.000
TTM0.919YOY0.821+0.098
TTM0.9195Y0.918+0.001
5Y0.91810Y0.932-0.014
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9191.706-0.787
TTM0.9191.629-0.710
YOY0.8211.488-0.667
5Y0.9181.527-0.609
10Y0.9321.306-0.374

1.3. Liquidity of Jayaswal Neco Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Jayaswal Neco 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 0.56 means the company has ₹0.56 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Jayaswal Neco Industries Limited:

  • The MRQ is 0.564. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.564. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.564TTM0.5640.000
TTM0.564YOY2.463-1.899
TTM0.5645Y0.819-0.255
5Y0.81910Y0.774+0.044
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5641.669-1.105
TTM0.5641.736-1.172
YOY2.4631.669+0.794
5Y0.8191.615-0.796
10Y0.7741.436-0.662
1.3.2. Quick Ratio

Measures if Jayaswal Neco 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 Jayaswal Neco Industries Limited to the Steel industry mean.
  • A Quick Ratio of 0.36 means the company can pay off ₹0.36 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Jayaswal Neco Industries Limited:

  • The MRQ is 0.363. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.363. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.363TTM0.3630.000
TTM0.363YOY0.968-0.605
TTM0.3635Y0.351+0.012
5Y0.35110Y0.311+0.040
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3630.612-0.249
TTM0.3630.647-0.284
YOY0.9680.717+0.251
5Y0.3510.693-0.342
10Y0.3110.633-0.322

1.4. Solvency of Jayaswal Neco Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Jayaswal Neco Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Jayaswal Neco Industries Limited to Steel industry mean.
  • A Debt to Asset Ratio of 0.66 means that Jayaswal Neco Industries Limited assets are financed with 66.0% credit (debt) and the remaining percentage (100% - 66.0%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.660. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.660. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.660TTM0.6600.000
TTM0.660YOY0.710-0.050
TTM0.6605Y0.927-0.267
5Y0.92710Y0.830+0.097
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6600.447+0.213
TTM0.6600.449+0.211
YOY0.7100.477+0.233
5Y0.9270.487+0.440
10Y0.8300.510+0.320
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Jayaswal Neco Industries Limited to the Steel industry mean.
  • A Debt to Equity ratio of 194.2% means that company has ₹1.94 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.942. The company is just able to pay all its debts with equity.
  • The TTM is 1.942. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.942TTM1.9420.000
TTM1.942YOY2.448-0.507
TTM1.9425Y2.597-0.656
5Y2.59710Y2.784-0.186
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9420.812+1.130
TTM1.9420.848+1.094
YOY2.4480.938+1.510
5Y2.5970.997+1.600
10Y2.7841.192+1.592

2. Market Valuation of Jayaswal Neco 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 Jayaswal Neco Industries Limited generates.

  • Above 15 is considered overpriced but always compare Jayaswal Neco Industries Limited to the Steel industry mean.
  • A PE ratio of 9.05 means the investor is paying ₹9.05 for every ₹1 in earnings.

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

  • The EOD is 20.351. Based on the earnings, the company is fair priced.
  • The MRQ is 9.052. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.052. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD20.351MRQ9.052+11.299
MRQ9.052TTM9.0520.000
TTM9.052YOY0.970+8.082
TTM9.0525Y1.361+7.691
5Y1.36110Y274.151-272.789
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD20.3518.509+11.842
MRQ9.0527.916+1.136
TTM9.0527.165+1.887
YOY0.9706.986-6.016
5Y1.3618.371-7.010
10Y274.15111.042+263.109
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 6.862. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.052. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.052. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.862MRQ3.052+3.810
MRQ3.052TTM3.0520.000
TTM3.052YOY2.626+0.426
TTM3.0525Y2.060+0.993
5Y2.06010Y1.331+0.729
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD6.8623.022+3.840
MRQ3.0522.944+0.108
TTM3.0522.158+0.894
YOY2.6261.434+1.192
5Y2.0600.944+1.116
10Y1.3311.561-0.230
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Jayaswal Neco 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 1.00 means the investor is paying ₹1.00 for each ₹1 in book value.

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

  • The EOD is 2.244. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.998. Based on the equity, the company is cheap. +2
  • The TTM is 0.998. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD2.244MRQ0.998+1.246
MRQ0.998TTM0.9980.000
TTM0.998YOY1.189-0.191
TTM0.9985Y0.398+0.600
5Y0.39810Y0.416-0.018
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.2441.005+1.239
MRQ0.9980.953+0.045
TTM0.9980.958+0.040
YOY1.1891.077+0.112
5Y0.3981.064-0.666
10Y0.4161.127-0.711
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Jayaswal Neco 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--2.3112.3110%32.915-93%1.870+24%0.260+790%
Book Value Per Share--21.19321.1930%18.882+12%4.989+325%12.015+76%
Current Ratio--0.5640.5640%2.463-77%0.819-31%0.774-27%
Debt To Asset Ratio--0.6600.6600%0.710-7%0.927-29%0.830-21%
Debt To Equity Ratio--1.9421.9420%2.448-21%2.597-25%2.784-30%
Dividend Per Share----0%-0%-0%-0%
Eps--2.3362.3360%23.144-90%-0.067+103%-1.038+144%
Free Cash Flow Per Share--6.9296.9290%8.548-19%5.292+31%2.506+177%
Free Cash Flow To Equity Per Share---1.229-1.2290%-1.166-5%0.057-2265%-0.259-79%
Gross Profit Margin--0.2580.2580%0.924-72%0.957-73%-26.793+10467%
Intrinsic Value_10Y_max--130.475--------
Intrinsic Value_10Y_min--50.341--------
Intrinsic Value_1Y_max--8.042--------
Intrinsic Value_1Y_min--3.178--------
Intrinsic Value_3Y_max--27.998--------
Intrinsic Value_3Y_min--11.222--------
Intrinsic Value_5Y_max--52.578--------
Intrinsic Value_5Y_min--21.038--------
Market Cap46170955660.800+56%20536612860.60020536612860.6000%21798910577.800-6%12011247446.080+71%9797370975.520+110%
Net Profit Margin--0.0360.0360%0.377-91%-0.052+245%-0.060+267%
Operating Margin--0.0850.0850%0.180-53%0.082+4%0.057+49%
Operating Ratio--0.9190.9190%0.821+12%0.918+0%0.932-1%
Pb Ratio2.244+56%0.9980.9980%1.189-16%0.398+151%0.416+140%
Pe Ratio20.351+56%9.0529.0520%0.970+833%1.361+565%274.151-97%
Price Per Share47.550+56%21.15021.1500%22.450-6%12.370+71%10.090+110%
Price To Free Cash Flow Ratio6.862+56%3.0523.0520%2.626+16%2.060+48%1.331+129%
Price To Total Gains Ratio20.573+56%9.1519.1510%0.682+1242%1.325+590%0.734+1147%
Quick Ratio--0.3630.3630%0.968-62%0.351+3%0.311+17%
Return On Assets--0.0370.0370%0.355-89%-0.006+115%-0.017+146%
Return On Equity--0.1100.1100%1.226-91%0.140-21%-0.002+102%
Total Gains Per Share--2.3112.3110%32.915-93%1.870+24%0.260+790%
Usd Book Value--246938400.000246938400.0000%220007184.000+12%58128700.800+325%139996206.000+76%
Usd Book Value Change Per Share--0.0280.0280%0.395-93%0.022+24%0.003+790%
Usd Book Value Per Share--0.2540.2540%0.227+12%0.060+325%0.144+76%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0280.0280%0.278-90%-0.001+103%-0.012+144%
Usd Free Cash Flow--80742000.00080742000.0000%99603876.000-19%61662043.200+31%29199194.400+177%
Usd Free Cash Flow Per Share--0.0830.0830%0.103-19%0.064+31%0.030+177%
Usd Free Cash Flow To Equity Per Share---0.015-0.0150%-0.014-5%0.001-2265%-0.003-79%
Usd Market Cap554051467.930+56%246439354.327246439354.3270%261586926.934-6%144134969.353+71%117568451.706+110%
Usd Price Per Share0.571+56%0.2540.2540%0.269-6%0.148+71%0.121+110%
Usd Profit--27224844.00027224844.0000%269674272.000-90%-778879.200+103%-12171552.000+145%
Usd Revenue--761143200.000761143200.0000%714605736.000+7%571865541.600+33%464248294.800+64%
Usd Total Gains Per Share--0.0280.0280%0.395-93%0.022+24%0.003+790%
 EOD+4 -4MRQTTM+0 -0YOY+9 -255Y+24 -1010Y+28 -6

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1520.351
Price to Book Ratio (EOD)Between0-12.244
Net Profit Margin (MRQ)Greater than00.036
Operating Margin (MRQ)Greater than00.085
Quick Ratio (MRQ)Greater than10.363
Current Ratio (MRQ)Greater than10.564
Debt to Asset Ratio (MRQ)Less than10.660
Debt to Equity Ratio (MRQ)Less than11.942
Return on Equity (MRQ)Greater than0.150.110
Return on Assets (MRQ)Greater than0.050.037
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.971
Ma 20Greater thanMa 5050.725
Ma 50Greater thanMa 10052.766
Ma 100Greater thanMa 20049.397
OpenGreater thanClose49.400
Total3/5 (60.0%)



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
Other Assets  365,09519,205384,300304,915689,215-91,188598,027-598,127-100



Latest Balance Sheet

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

Summary
Total Assets60,535,100
Total Liabilities39,956,900
Total Stockholder Equity20,578,200
 As reported
Total Liabilities 39,956,900
Total Stockholder Equity+ 20,578,200
Total Assets = 60,535,100

Assets

Total Assets60,535,100
Total Current Assets22,354,800
Long-term Assets38,180,400
Total Current Assets
Cash And Cash Equivalents 720,100
Short-term Investments 6,818,400
Net Receivables 41,600
Inventory 12,836,000
Other Current Assets 1,938,700
Total Current Assets  (as reported)22,354,800
Total Current Assets  (calculated)22,354,800
+/-0
Long-term Assets
Property Plant Equipment 35,771,400
Intangible Assets 529,200
Other Assets -100
Long-term Assets  (as reported)38,180,400
Long-term Assets  (calculated)36,300,500
+/- 1,879,900

Liabilities & Shareholders' Equity

Total Current Liabilities39,649,500
Long-term Liabilities307,400
Total Stockholder Equity20,578,200
Total Current Liabilities
Short-term Debt 33,835,800
Short Long Term Debt 33,830,700
Accounts payable 3,197,800
Other Current Liabilities 358,900
Total Current Liabilities  (as reported)39,649,500
Total Current Liabilities  (calculated)71,223,200
+/- 31,573,700
Long-term Liabilities
Long term Debt Total 304,100
Other Liabilities 3,331
Deferred Long Term Liability 3,051
Long-term Liabilities  (as reported)307,400
Long-term Liabilities  (calculated)310,482
+/- 3,082
Total Stockholder Equity
Common Stock9,709,900
Retained Earnings -8,080,019
Accumulated Other Comprehensive Income 3,065,226
Capital Surplus 16,393,083
Total Stockholder Equity (as reported)20,578,200
Total Stockholder Equity (calculated)21,088,190
+/- 509,990
Other
Capital Stock9,709,900
Cash And Equivalents2,106,500
Cash and Short Term Investments 7,538,500
Common Stock Shares Outstanding 970,998
Current Deferred Revenue2,257,000
Liabilities and Stockholders Equity 60,535,100
Net Debt 33,419,800
Net Invested Capital 54,666,800
Net Tangible Assets 20,052,049
Net Working Capital -17,294,700
Property Plant and Equipment Gross 35,771,400
Short Long Term Debt Total 34,139,900



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
10,258,354
9,505,449
19,328,613
19,646,097
28,274,076
36,080,587
49,285,432
65,797,961
72,278,798
70,975,145
69,649,100
67,652,827
67,155,602
57,620,538
59,006,809
63,224,426
60,535,100
60,535,10063,224,42659,006,80957,620,53867,155,60267,652,82769,649,10070,975,14572,278,79865,797,96149,285,43236,080,58728,274,07619,646,09719,328,6139,505,44910,258,354
   > Total Current Assets 
4,408,375
4,830,532
7,414,396
7,956,747
10,585,965
12,217,444
13,597,705
16,041,936
16,448,975
13,349,156
14,630,000
13,360,043
15,453,326
14,004,377
17,579,466
24,237,118
22,354,800
22,354,80024,237,11817,579,46614,004,37715,453,32613,360,04314,630,00013,349,15616,448,97516,041,93613,597,70512,217,44410,585,9657,956,7477,414,3964,830,5324,408,375
       Cash And Cash Equivalents 
330,900
556,917
309,638
349,106
730,691
1,231,454
1,520,490
2,552,937
602,810
481,023
581,100
798,474
112,302
119,691
2,907,522
1,818,714
720,100
720,1001,818,7142,907,522119,691112,302798,474581,100481,023602,8102,552,9371,520,4901,231,454730,691349,106309,638556,917330,900
       Short-term Investments 
634,882
934,870
2,861,565
2,586,537
1,708,815
4,185
6,462
7,625
12,561
9,368
1,226,200
125,435
580,503
581,362
585,259
6,865
6,818,400
6,818,4006,865585,259581,362580,503125,4351,226,2009,36812,5617,6256,4624,1851,708,8152,586,5372,861,565934,870634,882
       Net Receivables 
0
0
0
0
0
0
0
4,147,035
3,163,413
3,131,730
4,728,884
5,742,667
4,977,478
3,626,817
3,542,990
7,696,938
41,600
41,6007,696,9383,542,9903,626,8174,977,4785,742,6674,728,8843,131,7303,163,4134,147,0350000000
       Inventory 
2,241,700
2,222,422
2,782,819
3,469,407
5,577,715
6,938,966
8,018,506
7,816,505
9,245,941
6,304,721
6,813,500
5,428,407
8,341,742
8,538,584
8,987,895
12,076,001
12,836,000
12,836,00012,076,0018,987,8958,538,5848,341,7425,428,4076,813,5006,304,7219,245,9417,816,5058,018,5066,938,9665,577,7153,469,4072,782,8192,222,4222,241,700
       Other Current Assets 
1,200,893
1,116,323
1,460,374
1,551,697
2,568,744
4,042,839
4,052,247
5,664,869
6,587,663
6,554,044
6,009,200
7,007,727
6,418,779
4,764,740
1,555,800
2,638,600
1,938,700
1,938,7002,638,6001,555,8004,764,7406,418,7797,007,7276,009,2006,554,0446,587,6635,664,8694,052,2474,042,8392,568,7441,551,6971,460,3741,116,3231,200,893
   > Long-term Assets 
5,849,979
4,674,917
11,914,217
11,689,350
17,688,111
23,863,143
35,687,727
49,756,025
55,829,823
57,625,989
55,019,100
54,292,784
51,702,276
43,616,161
41,427,343
38,987,308
38,180,400
38,180,40038,987,30841,427,34343,616,16151,702,27654,292,78455,019,10057,625,98955,829,82349,756,02535,687,72723,863,14317,688,11111,689,35011,914,2174,674,9175,849,979
       Property Plant Equipment 
4,344,489
4,193,773
11,651,876
11,386,983
17,473,595
17,049,948
22,030,422
33,355,779
43,576,551
50,357,764
52,058,700
53,585,221
51,023,255
42,819,444
40,305,910
37,867,021
35,771,400
35,771,40037,867,02140,305,91042,819,44451,023,25553,585,22152,058,70050,357,76443,576,55133,355,77922,030,42217,049,94817,473,59511,386,98311,651,8764,193,7734,344,489
       Goodwill 
0
0
0
98
98
0
0
3,803
3,803
3,803
0
0
0
0
0
0
0
00000003,8033,8033,803009898000
       Long Term Investments 
0
0
0
0
0
0
0
1
1
1
0
10,600
200
0
0
0
0
000020010,60001110000000
       Intangible Assets 
446,173
409,086
260,683
299,943
212,749
951,522
0
1,267,745
1,293,007
227,342
362,141
341,961
317,290
416,462
438,050
525,311
529,200
529,200525,311438,050416,462317,290341,961362,141227,3421,293,0071,267,7450951,522212,749299,943260,683409,086446,173
       Long-term Assets Other 
1,693,002
1,005,191
2,861,565
2,586,537
1,708,815
5,865,857
13,663,766
16,407,870
12,265,832
7,277,592
4,125,700
365,602
361,731
-43,231,861
444,600
461,900
7,318,500
7,318,500461,900444,600-43,231,861361,731365,6024,125,7007,277,59212,265,83216,407,87013,663,7665,865,8571,708,8152,586,5372,861,5651,005,1911,693,002
> Total Liabilities 
7,981,905
7,435,921
13,444,131
13,718,496
20,882,695
23,802,806
31,229,623
44,579,927
50,135,094
49,767,339
53,274,300
56,153,958
60,157,574
65,684,374
72,632,841
44,890,494
39,956,900
39,956,90044,890,49472,632,84165,684,37460,157,57456,153,95853,274,30049,767,33950,135,09444,579,92731,229,62323,802,80620,882,69513,718,49613,444,1317,435,9217,981,905
   > Total Current Liabilities 
1,853,859
1,597,381
3,021,953
1,704,575
5,031,575
10,843,836
14,705,423
17,477,459
17,899,261
17,437,328
24,206,300
30,124,888
36,481,745
44,348,713
53,782,618
9,840,985
39,649,500
39,649,5009,840,98553,782,61844,348,71336,481,74530,124,88824,206,30017,437,32817,899,26117,477,45914,705,42310,843,8365,031,5751,704,5753,021,9531,597,3811,853,859
       Short-term Debt 
0
0
0
0
0
4,288,953
7,770,145
10,005,621
8,449,441
8,958,781
10,458,000
14,321,283
15,682,910
17,997,929
19,358,464
4,040,568
33,835,800
33,835,8004,040,56819,358,46417,997,92915,682,91014,321,28310,458,0008,958,7818,449,44110,005,6217,770,1454,288,95300000
       Short Long Term Debt 
0
0
0
0
0
0
0
36,796,462
2,247,266
1,666,720
10,458,000
14,338,272
15,738,596
17,990,884
7,573,500
4,032,400
33,830,700
33,830,7004,032,4007,573,50017,990,88415,738,59614,338,27210,458,0001,666,7202,247,26636,796,4620000000
       Accounts payable 
1,088,119
521,106
2,089,778
597,757
3,683,245
3,427,357
3,578,579
3,693,623
4,321,105
3,834,756
2,864,800
2,798,994
3,328,781
2,810,308
1,792,204
2,711,010
3,197,800
3,197,8002,711,0101,792,2042,810,3083,328,7812,798,9942,864,8003,834,7564,321,1053,693,6233,578,5793,427,3573,683,245597,7572,089,778521,1061,088,119
       Other Current Liabilities 
765,740
1,076,275
932,175
1,106,818
1,348,330
3,127,526
3,356,699
3,778,215
5,128,715
4,643,791
10,883,500
13,004,611
1,093,046
866,461
972,302
261,085
358,900
358,900261,085972,302866,4611,093,04613,004,61110,883,5004,643,7915,128,7153,778,2153,356,6993,127,5261,348,3301,106,818932,1751,076,275765,740
   > Long-term Liabilities 
6,128,046
5,838,540
10,422,178
12,013,921
15,851,120
12,958,970
16,524,200
27,102,468
32,235,833
32,330,011
29,068,000
26,029,070
23,675,829
21,335,661
18,850,223
35,049,509
307,400
307,40035,049,50918,850,22321,335,66123,675,82926,029,07029,068,00032,330,01132,235,83327,102,46816,524,20012,958,97015,851,12012,013,92110,422,1785,838,5406,128,046
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
30,061,477
28,074,702
26,024,513
23,672,062
21,331,600
18,847,440
34,409,100
304,100
304,10034,409,10018,847,44021,331,60023,672,06226,024,51328,074,70230,061,477000000000
       Other Liabilities 
0
0
0
0
0
0
0
2,305,168
2,410,879
1,870,797
993,238
4,557
3,767
4,039
2,783
640,412
3,331
3,331640,4122,7834,0393,7674,557993,2381,870,7972,410,8792,305,1680000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
764,116
855,089
15,386
4,017
4,017
3,067
3,067
3,051
3,051
3,051
3,0513,0513,0513,0673,0674,0174,01715,386855,089764,1160000000
> Total Stockholder Equity
2,276,449
2,069,528
5,884,482
5,927,450
7,391,381
12,277,781
18,055,809
21,218,034
22,143,704
21,207,806
16,374,800
11,498,869
6,998,028
-8,063,836
-13,626,032
18,333,932
20,578,200
20,578,20018,333,932-13,626,032-8,063,8366,998,02811,498,86916,374,80021,207,80622,143,70421,218,03418,055,80912,277,7817,391,3815,927,4505,884,4822,069,5282,276,449
   Common Stock
1,623,805
1,623,805
2,861,574
2,366,537
2,508,537
3,596,762
4,971,762
5,986,258
6,386,258
6,386,258
6,386,300
6,386,258
6,386,258
6,386,258
6,386,258
9,709,910
9,709,900
9,709,9009,709,9106,386,2586,386,2586,386,2586,386,2586,386,3006,386,2586,386,2585,986,2584,971,7623,596,7622,508,5372,366,5372,861,5741,623,8051,623,805
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-2,312,564
-2,648,973
-3,029,513
-3,826,588
-4,530,524
-5,499,212
-6,446,970
-8,122,868
-9,014,158
-9,652,616
0
-6,072,349
-8,792,159
-12,773,562
3,174,741
3,089,732
3,065,226
3,065,2263,089,7323,174,741-12,773,562-8,792,159-6,072,3490-9,652,616-9,014,158-8,122,868-6,446,970-5,499,212-4,530,524-3,826,588-3,029,513-2,648,973-2,312,564
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
10,144,618
10,144,618
0
0
0
0
16,393,083
16,393,083000010,144,61810,144,6180000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
2,965,208
3,094,696
6,052,421
7,387,501
9,413,368
14,180,231
16,728,437
20,116,085
21,607,299
22,245,681
9,988,500
18,873,345
21,598,140
19,182,520
9,634,581
15,883,046
15,883,093
15,883,09315,883,0469,634,58119,182,52021,598,14018,873,3459,988,50022,245,68121,607,29920,116,08516,728,43714,180,2319,413,3687,387,5016,052,4213,094,6962,965,208



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 (+$)
totalRevenue63,428,600
Cost of Revenue-33,716,400
Gross Profit29,712,20029,712,200
 
Operating Income (+$)
Gross Profit29,712,200
Operating Expense-24,549,800
Operating Income5,393,0625,162,400
 
Operating Expense (+$)
Research Development2,815
Selling General Administrative829,058
Selling And Marketing Expenses1,682,397
Operating Expense24,549,8002,514,270
 
Net Interest Income (+$)
Interest Income4,530,200
Interest Expense-4,530,200
Other Finance Cost-4,530,200
Net Interest Income-4,530,200
 
Pretax Income (+$)
Operating Income5,393,062
Net Interest Income-4,530,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)341,00010,445,125
EBIT - interestExpense = 852,900
341,037
6,798,937
Interest Expense4,530,200
Earnings Before Interest and Taxes (EBIT)5,383,1004,871,200
Earnings Before Interest and Taxes (EBITDA)8,040,200
 
After tax Income (+$)
Income Before Tax341,000
Tax Provision--1,927,700
Net Income From Continuing Ops2,268,7002,268,700
Net Income2,268,737
Net Income Applicable To Common Shares2,268,700
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses58,266,200
Total Other Income/Expenses Net-5,052,0634,530,200
 

Technical Analysis of Jayaswal Neco 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 Jayaswal Neco Industries Limited. The general trend of Jayaswal Neco Industries Limited is BULLISH with 28.6% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Jayaswal Neco 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 (28.6%) Bearish trend (-28.6%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Jayaswal Neco 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: 65.40.

The bearish price targets are: 43.50 > 43.50 > 42.90.

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Jayaswal Neco 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 Jayaswal Neco Industries Limited. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-14 +14).

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

Jayaswal Neco 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 Jayaswal Neco Industries Limited. The current macd is -1.18920192.

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 Jayaswal Neco 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 Jayaswal Neco 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 Jayaswal Neco 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
Jayaswal Neco Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current adx is 19.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Jayaswal Neco Industries Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Jayaswal Neco 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 Jayaswal Neco Industries Limited. The current sar is 45.25.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Jayaswal Neco 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 Jayaswal Neco Industries Limited. The current rsi is 39.97. 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
Jayaswal Neco Industries Limited Daily Relative Strength Index (RSI) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-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 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 Jayaswal Neco Industries Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Jayaswal Neco Industries Limited Daily Stochastic Oscillator ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current cci is -63.32481571.

Jayaswal Neco Industries Limited Daily Commodity Channel Index (CCI) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current cmo is -25.97262908.

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
Jayaswal Neco Industries Limited Daily Chande Momentum Oscillator (CMO) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current willr is -61.42857143.

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

Jayaswal Neco 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 Jayaswal Neco Industries Limited. The current atr is 3.02154787.

Jayaswal Neco Industries Limited Daily Average True Range (ATR) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current obv is 48,868,900.

Jayaswal Neco Industries Limited Daily On-Balance Volume (OBV) ChartJayaswal Neco 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 Jayaswal Neco Industries Limited. The current mfi is 46.59.

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
Jayaswal Neco Industries Limited Daily Money Flow Index (MFI) ChartJayaswal Neco Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Jayaswal Neco 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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-12STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-13CCI 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).
2023-11-15ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23STOCH 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).
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-13CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line 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.
2024-01-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01DMI 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
2024-02-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.

6.3. Candlestick Patterns

Jayaswal Neco Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.971
Ma 20Greater thanMa 5050.725
Ma 50Greater thanMa 10052.766
Ma 100Greater thanMa 20049.397
OpenGreater thanClose49.400
Total3/5 (60.0%)
Penke

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