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L&T Technology Services Limited
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PenkeI guess you are interested in L&T Technology Services 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 L&T Technology Services 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 L&T Technology Services Limited (30 sec.)










What can you expect buying and holding a share of L&T Technology Services Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR1.44
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR469.30
Expected worth in 1 year
INR766.89
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR417.24
Return On Investment
7.6%

For what price can you sell your share?

Current Price per Share
INR5,482.65
Expected price per share
INR4,951 - INR5,679
How sure are you?
50%

1. Valuation of L&T Technology Services Limited (5 min.)




Live pricePrice per Share (EOD)

INR5,482.65

Intrinsic Value Per Share

INR1,175.86 - INR1,774.93

Total Value Per Share

INR1,645.15 - INR2,244.22

2. Growth of L&T Technology Services Limited (5 min.)




Is L&T Technology Services Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$596.2m$501.1m$95.1m16.0%

How much money is L&T Technology Services Limited making?

Current yearPrevious yearGrowGrow %
Making money$140.3m$114.8m$25.5m18.2%
Net Profit Margin14.6%14.6%--

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

3. Financial Health of L&T Technology Services Limited (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#74 / 401

Most Revenue
#54 / 401

Most Profit
#25 / 401

What can you expect buying and holding a share of L&T Technology Services Limited? (5 min.)

Welcome investor! L&T Technology Services Limited's management wants to use your money to grow the business. In return you get a share of L&T Technology Services Limited.

What can you expect buying and holding a share of L&T Technology Services Limited?

First you should know what it really means to hold a share of L&T Technology Services Limited. And how you can make/lose money.

Speculation

The Price per Share of L&T Technology Services Limited is INR5,483. 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 L&T Technology Services 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 L&T Technology Services 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 INR469.30. Based on the TTM, the Book Value Change Per Share is INR74.40 per quarter. Based on the YOY, the Book Value Change Per Share is INR65.53 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR29.91 per quarter.
Based on historical numbers we can estimate the returns while holding a share of L&T Technology Services 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 Eps1.330.0%1.330.0%1.090.0%0.990.0%0.670.0%
Usd Book Value Change Per Share0.890.0%0.890.0%0.790.0%0.690.0%0.560.0%
Usd Dividend Per Share0.360.0%0.360.0%0.410.0%0.300.0%0.250.0%
Usd Total Gains Per Share1.250.0%1.250.0%1.200.0%0.990.0%0.820.0%
Usd Price Per Share40.54-40.54-61.26-33.29-19.06-
Price to Earnings Ratio30.58-30.58-56.42-33.21-21.18-
Price-to-Total Gains Ratio32.39-32.39-51.11-32.00-28.79-
Price to Book Ratio7.20-7.20-12.93-7.86-5.16-
Price-to-Total Gains Ratio32.39-32.39-51.11-32.00-28.79-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share65.7918
Number of shares15
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.360.30
Usd Book Value Change Per Share0.890.69
Usd Total Gains Per Share1.250.99
Gains per Quarter (15 shares)18.7814.80
Gains per Year (15 shares)75.1059.19
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1225465184149
2431071403682108
36516121554124167
48621429072165226
510826836590206285
6129321440108247344
7151375515126288403
8172429590144330462
9194482665162371521
10215536740180412580

How sure are you?

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

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

Fundamentals of L&T Technology Services Limited

About L&T Technology Services Limited

L&T Technology Services Limited operates as an engineering research and development services company in India, North America, Europe, and internationally. The Transportation segment partners with OEMs and tier 1 suppliers to offer electric vehicle, advanced driver assistance systems, autonomous driving, and software defined vehicle solutions to aerospace, automotive, rail, commercial vehicles, off-highway, and polymer industries. The Industrial Products segment provides product development counsel, leveraging expertise spanning software, electronics, connectivity, mechanical engineering, industrial networking protocols, user interface and user experience, test frameworks, and enterprise control solutions for automation, home and office products, energy, process control, and machinery applications. The Hi-Tech Communication segments embedded software design and development; offers product maintenance, enhancement, and sustenance services; and testing and validation services, as well as system integration and field implantation services for communication and related solutions including telecom, consumer electronics, semiconductors, independent software vendors, and media and entertainment industries. The Plant engineering segment provides designing, engineering, project management, handover operations, and delivery and custom digital maintenance solutions to chemical, consumer packaged goods, and energy and utility sector clients. The Medical devices segment offers concept design, embedded systems, hardware and software, mechanical engineering services, application software, value analysis and value engineering, manufacturing engineering, and regulatory compliance solutions in diagnostic, life sciences, surgical, cardiovascular, home healthcare, general medical, and other devices to medical device OEMs. The company was incorporated in 2012 and is based in Vadodara, India. L&T Technology Services Limited operates as a subsidiary of Larsen & Toubro Limited.

Fundamental data was last updated by Penke on 2024-03-10 17:50:05.

Financial Health

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

Valuation

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

1.1. Profitability of L&T Technology Services Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit L&T Technology Services Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • A Net Profit Margin of 14.6% means that ₹0.15 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of L&T Technology Services Limited:

  • The MRQ is 14.6%. The company is making a huge profit. +2
  • The TTM is 14.6%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.6%TTM14.6%0.0%
TTM14.6%YOY14.6%+0.0%
TTM14.6%5Y14.4%+0.2%
5Y14.4%10Y12.9%+1.5%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ14.6%3.7%+10.9%
TTM14.6%3.6%+11.0%
YOY14.6%3.4%+11.2%
5Y14.4%3.4%+11.0%
10Y12.9%3.3%+9.6%
1.1.2. Return on Assets

Shows how efficient L&T Technology Services Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • 16.9% Return on Assets means that L&T Technology Services Limited generated ₹0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of L&T Technology Services Limited:

  • The MRQ is 16.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 16.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.9%TTM16.9%0.0%
TTM16.9%YOY15.7%+1.2%
TTM16.9%5Y17.8%-0.9%
5Y17.8%10Y16.7%+1.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ16.9%1.3%+15.6%
TTM16.9%1.3%+15.6%
YOY15.7%1.3%+14.4%
5Y17.8%1.3%+16.5%
10Y16.7%1.3%+15.4%
1.1.3. Return on Equity

Shows how efficient L&T Technology Services Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • 23.6% Return on Equity means L&T Technology Services Limited generated ₹0.24 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of L&T Technology Services Limited:

  • The MRQ is 23.6%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 23.6%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ23.6%TTM23.6%0.0%
TTM23.6%YOY23.0%+0.6%
TTM23.6%5Y25.7%-2.0%
5Y25.7%10Y25.9%-0.2%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ23.6%2.8%+20.8%
TTM23.6%2.7%+20.9%
YOY23.0%3.3%+19.7%
5Y25.7%3.2%+22.5%
10Y25.9%3.0%+22.9%

1.2. Operating Efficiency of L&T Technology Services Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient L&T Technology Services Limited is operating .

  • Measures how much profit L&T Technology Services 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 L&T Technology Services Limited to the Information Technology Services industry mean.
  • An Operating Margin of 21.1% means the company generated ₹0.21  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of L&T Technology Services Limited:

  • The MRQ is 21.1%. The company is operating efficient. +1
  • The TTM is 21.1%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ21.1%TTM21.1%0.0%
TTM21.1%YOY19.7%+1.3%
TTM21.1%5Y19.5%+1.6%
5Y19.5%10Y18.0%+1.5%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ21.1%7.0%+14.1%
TTM21.1%4.0%+17.1%
YOY19.7%5.7%+14.0%
5Y19.5%5.1%+14.4%
10Y18.0%4.7%+13.3%
1.2.2. Operating Ratio

Measures how efficient L&T Technology Services Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 0.82 means that the operating costs are ₹0.82 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of L&T Technology Services Limited:

  • The MRQ is 0.815. The company is less efficient in keeping operating costs low.
  • The TTM is 0.815. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.815TTM0.8150.000
TTM0.815YOY0.821-0.006
TTM0.8155Y0.827-0.012
5Y0.82710Y0.905-0.078
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8151.133-0.318
TTM0.8151.178-0.363
YOY0.8211.078-0.257
5Y0.8271.121-0.294
10Y0.9051.087-0.182

1.3. Liquidity of L&T Technology Services Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if L&T Technology Services Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 3.40 means the company has ₹3.40 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of L&T Technology Services Limited:

  • The MRQ is 3.396. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.396. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.396TTM3.3960.000
TTM3.396YOY3.137+0.259
TTM3.3965Y3.055+0.341
5Y3.05510Y2.427+0.627
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3961.467+1.929
TTM3.3961.466+1.930
YOY3.1371.584+1.553
5Y3.0551.628+1.427
10Y2.4271.577+0.850
1.3.2. Quick Ratio

Measures if L&T Technology Services Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • A Quick Ratio of 5.01 means the company can pay off ₹5.01 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of L&T Technology Services Limited:

  • The MRQ is 5.012. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 5.012. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ5.012TTM5.0120.000
TTM5.012YOY4.277+0.735
TTM5.0125Y4.043+0.970
5Y4.04310Y2.838+1.205
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ5.0121.002+4.010
TTM5.0121.010+4.002
YOY4.2771.161+3.116
5Y4.0431.194+2.849
10Y2.8381.162+1.676

1.4. Solvency of L&T Technology Services Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of L&T Technology Services Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare L&T Technology Services Limited to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.28 means that L&T Technology Services Limited assets are financed with 28.2% credit (debt) and the remaining percentage (100% - 28.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of L&T Technology Services Limited:

  • The MRQ is 0.282. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.282. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.282TTM0.2820.000
TTM0.282YOY0.314-0.033
TTM0.2825Y0.305-0.024
5Y0.30510Y0.323-0.017
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2820.502-0.220
TTM0.2820.499-0.217
YOY0.3140.498-0.184
5Y0.3050.506-0.201
10Y0.3230.495-0.172
1.4.2. Debt to Equity Ratio

Measures if L&T Technology Services Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 39.4% means that company has ₹0.39 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of L&T Technology Services Limited:

  • The MRQ is 0.394. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.394. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.394TTM0.3940.000
TTM0.394YOY0.460-0.066
TTM0.3945Y0.444-0.050
5Y0.44410Y0.639-0.195
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3940.938-0.544
TTM0.3940.984-0.590
YOY0.4600.972-0.512
5Y0.4441.046-0.602
10Y0.6391.057-0.418

2. Market Valuation of L&T Technology Services 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 L&T Technology Services Limited generates.

  • Above 15 is considered overpriced but always compare L&T Technology Services Limited to the Information Technology Services industry mean.
  • A PE ratio of 30.58 means the investor is paying ₹30.58 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of L&T Technology Services Limited:

  • The EOD is 49.624. Based on the earnings, the company is overpriced. -1
  • The MRQ is 30.580. Based on the earnings, the company is overpriced. -1
  • The TTM is 30.580. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD49.624MRQ30.580+19.044
MRQ30.580TTM30.5800.000
TTM30.580YOY56.416-25.837
TTM30.5805Y33.206-2.626
5Y33.20610Y21.178+12.028
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD49.62415.268+34.356
MRQ30.58012.943+17.637
TTM30.58014.770+15.810
YOY56.41617.385+39.031
5Y33.20618.091+15.115
10Y21.17820.242+0.936
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of L&T Technology Services Limited:

  • The EOD is 51.390. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 31.668. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 31.668. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD51.390MRQ31.668+19.722
MRQ31.668TTM31.6680.000
TTM31.668YOY63.985-32.317
TTM31.6685Y33.324-1.656
5Y33.32410Y23.097+10.227
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD51.3906.559+44.831
MRQ31.6686.379+25.289
TTM31.6684.370+27.298
YOY63.9856.332+57.653
5Y33.3245.929+27.395
10Y23.0975.680+17.417
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of L&T Technology Services Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 7.20 means the investor is paying ₹7.20 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of L&T Technology Services Limited:

  • The EOD is 11.683. Based on the equity, the company is expensive. -2
  • The MRQ is 7.199. Based on the equity, the company is overpriced. -1
  • The TTM is 7.199. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD11.683MRQ7.199+4.484
MRQ7.199TTM7.1990.000
TTM7.199YOY12.928-5.729
TTM7.1995Y7.862-0.662
5Y7.86210Y5.160+2.702
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD11.6832.403+9.280
MRQ7.1992.210+4.989
TTM7.1992.324+4.875
YOY12.9282.739+10.189
5Y7.8622.853+5.009
10Y5.1603.305+1.855
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of L&T Technology Services 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--74.39974.3990%65.529+14%57.233+30%46.930+59%
Book Value Per Share--469.297469.2970%394.898+19%338.145+39%226.042+108%
Current Ratio--3.3963.3960%3.137+8%3.055+11%2.427+40%
Debt To Asset Ratio--0.2820.2820%0.314-10%0.305-8%0.323-13%
Debt To Equity Ratio--0.3940.3940%0.460-14%0.444-11%0.639-38%
Dividend Per Share--29.91129.9110%34.353-13%24.972+20%21.129+42%
Eps--110.484110.4840%90.493+22%82.700+34%55.473+99%
Free Cash Flow Per Share--106.687106.6870%79.789+34%83.661+28%53.889+98%
Free Cash Flow To Equity Per Share--64.80064.8000%32.680+98%46.684+39%37.997+71%
Gross Profit Margin--0.9760.9760%0.9790%0.974+0%0.9780%
Intrinsic Value_10Y_max--1774.928--------
Intrinsic Value_10Y_min--1175.856--------
Intrinsic Value_1Y_max--118.279--------
Intrinsic Value_1Y_min--93.221--------
Intrinsic Value_3Y_max--400.788--------
Intrinsic Value_3Y_min--303.065--------
Intrinsic Value_5Y_max--738.045--------
Intrinsic Value_5Y_min--536.477--------
Market Cap579812168100.000+38%357719620557.950357719620557.9500%539905896200.000-34%293472923271.590+22%168037432315.795+113%
Net Profit Margin--0.1460.1460%0.146+0%0.144+1%0.129+13%
Operating Margin--0.2110.2110%0.197+7%0.195+8%0.180+17%
Operating Ratio--0.8150.8150%0.821-1%0.827-1%0.905-10%
Pb Ratio11.683+38%7.1997.1990%12.928-44%7.862-8%5.160+40%
Pe Ratio49.624+38%30.58030.5800%56.416-46%33.206-8%21.178+44%
Price Per Share5482.650+38%3378.5503378.5500%5105.300-34%2774.250+22%1588.545+113%
Price To Free Cash Flow Ratio51.390+38%31.66831.6680%63.985-51%33.324-5%23.097+37%
Price To Total Gains Ratio52.561+38%32.38932.3890%51.113-37%31.997+1%28.790+13%
Quick Ratio--5.0125.0120%4.277+17%4.043+24%2.838+77%
Return On Assets--0.1690.1690%0.157+8%0.178-5%0.167+1%
Return On Equity--0.2360.2360%0.230+3%0.257-8%0.259-9%
Total Gains Per Share--104.311104.3110%99.883+4%82.205+27%68.059+53%
Usd Book Value--596268000.000596268000.0000%501144000.000+19%429264000.000+39%286928791.756+108%
Usd Book Value Change Per Share--0.8930.8930%0.786+14%0.687+30%0.563+59%
Usd Book Value Per Share--5.6325.6320%4.739+19%4.058+39%2.713+108%
Usd Dividend Per Share--0.3590.3590%0.412-13%0.300+20%0.254+42%
Usd Eps--1.3261.3260%1.086+22%0.992+34%0.666+99%
Usd Free Cash Flow--135552000.000135552000.0000%101256000.000+34%106202400.000+28%68404211.638+98%
Usd Free Cash Flow Per Share--1.2801.2800%0.957+34%1.004+28%0.647+98%
Usd Free Cash Flow To Equity Per Share--0.7780.7780%0.392+98%0.560+39%0.456+71%
Usd Market Cap6957746017.200+38%4292635446.6954292635446.6950%6478870754.400-34%3521675079.259+22%2016449187.790+113%
Usd Price Per Share65.792+38%40.54340.5430%61.264-34%33.291+22%19.063+113%
Usd Profit--140376000.000140376000.0000%114840000.000+22%106255200.000+32%73103482.328+92%
Usd Revenue--961632000.000961632000.0000%788364000.000+22%737529600.000+30%522445240.445+84%
Usd Total Gains Per Share--1.2521.2520%1.199+4%0.986+27%0.817+53%
 EOD+4 -4MRQTTM+0 -0YOY+29 -75Y+33 -310Y+30 -6

3.2. Fundamental Score

Let's check the fundamental score of L&T Technology Services Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1549.624
Price to Book Ratio (EOD)Between0-111.683
Net Profit Margin (MRQ)Greater than00.146
Operating Margin (MRQ)Greater than00.211
Quick Ratio (MRQ)Greater than15.012
Current Ratio (MRQ)Greater than13.396
Debt to Asset Ratio (MRQ)Less than10.282
Debt to Equity Ratio (MRQ)Less than10.394
Return on Equity (MRQ)Greater than0.150.236
Return on Assets (MRQ)Greater than0.050.169
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of L&T Technology Services Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.986
Ma 20Greater thanMa 505,316.815
Ma 50Greater thanMa 1005,404.218
Ma 100Greater thanMa 2005,143.117
OpenGreater thanClose5,475.000
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets69,173,000
Total Liabilities19,484,000
Total Stockholder Equity49,509,000
 As reported
Total Liabilities 19,484,000
Total Stockholder Equity+ 49,509,000
Total Assets = 69,173,000

Assets

Total Assets69,173,000
Total Current Assets51,410,000
Long-term Assets17,763,000
Total Current Assets
Cash And Cash Equivalents 5,346,000
Short-term Investments 24,811,000
Net Receivables 20,915,000
Other Current Assets 3,952,000
Total Current Assets  (as reported)51,410,000
Total Current Assets  (calculated)55,024,000
+/- 3,614,000
Long-term Assets
Property Plant Equipment 6,602,000
Goodwill 6,010,000
Intangible Assets 393,000
Long-term Assets Other 2,868,000
Long-term Assets  (as reported)17,763,000
Long-term Assets  (calculated)15,873,000
+/- 1,890,000

Liabilities & Shareholders' Equity

Total Current Liabilities15,139,000
Long-term Liabilities4,345,000
Total Stockholder Equity49,509,000
Total Current Liabilities
Short-term Debt 811,000
Accounts payable 4,505,000
Other Current Liabilities 2,746,000
Total Current Liabilities  (as reported)15,139,000
Total Current Liabilities  (calculated)8,062,000
+/- 7,077,000
Long-term Liabilities
Long term Debt Total 3,731,000
Long-term Liabilities  (as reported)4,345,000
Long-term Liabilities  (calculated)3,731,000
+/- 614,000
Total Stockholder Equity
Common Stock211,000
Retained Earnings 36,244,000
Accumulated Other Comprehensive Income 1,592,000
Capital Surplus 11,462,000
Total Stockholder Equity (as reported)49,509,000
Total Stockholder Equity (calculated)49,509,000
+/-0
Other
Capital Stock211,000
Cash And Equivalents6,899,000
Cash and Short Term Investments 30,157,000
Common Stock Shares Outstanding 105,880
Current Deferred Revenue7,077,000
Liabilities and Stockholders Equity 69,173,000
Net Debt -804,000
Net Invested Capital 49,509,000
Net Working Capital 36,271,000
Property Plant and Equipment Gross 6,602,000
Short Long Term Debt Total 4,542,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
6,368,909
18,195,000
19,213,600
21,525,000
27,051,000
33,638,000
43,033,000
50,729,000
60,910,000
69,173,000
69,173,00060,910,00050,729,00043,033,00033,638,00027,051,00021,525,00019,213,60018,195,0006,368,909
   > Total Current Assets 
2,166,743
11,193,000
12,162,620
14,718,000
18,607,000
23,715,000
29,102,000
35,026,000
43,251,000
51,410,000
51,410,00043,251,00035,026,00029,102,00023,715,00018,607,00014,718,00012,162,62011,193,0002,166,743
       Cash And Cash Equivalents 
294,971
703,000
864,240
672,000
1,541,000
2,048,000
2,179,000
1,751,000
2,347,000
5,346,000
5,346,0002,347,0001,751,0002,179,0002,048,0001,541,000672,000864,240703,000294,971
       Short-term Investments 
0
2,395
555,300
1,946,000
2,208,000
5,751,000
6,368,000
15,723,000
18,310,000
24,811,000
24,811,00018,310,00015,723,0006,368,0005,751,0002,208,0001,946,000555,3002,3950
       Net Receivables 
1,739,529
8,401,040
8,729,000
9,464,000
12,621,000
14,023,000
19,124,000
15,671,000
20,012,000
20,915,000
20,915,00020,012,00015,671,00019,124,00014,023,00012,621,0009,464,0008,729,0008,401,0401,739,529
       Other Current Assets 
132,243
10,490,000
10,743,080
12,100,000
14,858,000
15,916,000
1,000
3,519,000
3,068,000
3,952,000
3,952,0003,068,0003,519,0001,00015,916,00014,858,00012,100,00010,743,08010,490,000132,243
   > Long-term Assets 
0
7,002,000
7,050,980
6,807,000
8,444,000
9,923,000
13,931,000
15,703,000
17,659,000
17,763,000
17,763,00017,659,00015,703,00013,931,0009,923,0008,444,0006,807,0007,050,9807,002,0000
       Property Plant Equipment 
85,296
836,000
1,213,480
1,213,000
1,251,000
1,443,000
5,676,000
6,379,000
6,496,000
6,602,000
6,602,0006,496,0006,379,0005,676,0001,443,0001,251,0001,213,0001,213,480836,00085,296
       Goodwill 
3,796,967
4,028,000
76,030
4,215,000
4,921,000
5,365,000
5,460,000
5,827,000
5,881,000
6,010,000
6,010,0005,881,0005,827,0005,460,0005,365,0004,921,0004,215,00076,0304,028,0003,796,967
       Long Term Investments 
0
60,975
31,000
5,000
590,000
1,362,000
0
0
0
0
00001,362,000590,0005,00031,00060,9750
       Intangible Assets 
164,615
808,000
5,062,440
733,000
923,000
992,000
686,000
737,000
549,000
393,000
393,000549,000737,000686,000992,000923,000733,0005,062,440808,000164,615
       Long-term Assets Other 
0
610,000
340,580
323,000
1,077,000
1,997,000
1,488,000
14,742,000
3,734,000
2,868,000
2,868,0003,734,00014,742,0001,488,0001,997,0001,077,000323,000340,580610,0000
> Total Liabilities 
1,519,873
7,941,000
8,288,310
6,673,000
7,684,000
8,816,000
15,278,000
15,897,000
19,148,000
19,484,000
19,484,00019,148,00015,897,00015,278,0008,816,0007,684,0006,673,0008,288,3107,941,0001,519,873
   > Total Current Liabilities 
1,499,007
7,934,000
8,096,230
6,673,000
7,637,000
8,622,000
10,388,000
10,982,000
13,789,000
15,139,000
15,139,00013,789,00010,982,00010,388,0008,622,0007,637,0006,673,0008,096,2307,934,0001,499,007
       Short-term Debt 
486,874
2,188,000
1,954,520
1,019,000
702,000
702,000
996,000
790,000
495,000
811,000
811,000495,000790,000996,000702,000702,0001,019,0001,954,5202,188,000486,874
       Short Long Term Debt 
486,874
1,553,706
1,955,000
1,019,000
702,000
702,000
303,000
0
0
0
000303,000702,000702,0001,019,0001,955,0001,553,706486,874
       Accounts payable 
502,884
1,954,000
1,739,440
1,847,000
1,807,000
1,879,000
1,975,000
2,352,000
1,720,000
4,505,000
4,505,0001,720,0002,352,0001,975,0001,879,0001,807,0001,847,0001,739,4401,954,000502,884
       Other Current Liabilities 
480,564
3,500,000
4,402,270
3,807,000
4,955,000
5,985,000
-740,000
2,958,000
4,937,000
2,746,000
2,746,0004,937,0002,958,000-740,0005,985,0004,955,0003,807,0004,402,2703,500,000480,564
   > Long-term Liabilities 
0
7,000
192,080
0
47,000
194,000
4,890,000
4,915,000
5,359,000
4,345,000
4,345,0005,359,0004,915,0004,890,000194,00047,0000192,0807,0000
       Long term Debt Total 
0
0
0
0
0
0
3,268,000
4,015,000
4,276,000
3,731,000
3,731,0004,276,0004,015,0003,268,000000000
       Capital Lease Obligations 
0
0
0
0
0
0
4,654,000
4,805,000
4,771,000
4,542,000
4,542,0004,771,0004,805,0004,654,000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
47,000
0
0
0
00047,000000000
> Total Stockholder Equity
849,036
10,254,000
10,925,290
14,856,000
19,364,000
24,791,000
27,686,000
34,731,000
41,625,000
49,509,000
49,509,00041,625,00034,731,00027,686,00024,791,00019,364,00014,856,00010,925,29010,254,000849,036
   Common Stock
1,025,000
3,000,000
10,500,000
203,000
205,000
208,000
209,000
210,000
211,000
211,000
211,000211,000210,000209,000208,000205,000203,00010,500,0003,000,0001,025,000
   Retained Earnings 
4,413
573,240
1,058,680
3,084,000
6,947,000
12,132,000
17,344,000
21,777,000
27,713,000
36,244,000
36,244,00027,713,00021,777,00017,344,00012,132,0006,947,0003,084,0001,058,680573,2404,413
   Capital Surplus 
0
0
0
10,297,000
10,502,000
10,890,000
11,043,000
11,229,000
11,396,000
11,462,000
11,462,00011,396,00011,229,00011,043,00010,890,00010,502,00010,297,000000
   Treasury Stock0000000000
   Other Stockholders Equity 
-180,377
7,254,000
-633,390
12,136,000
12,982,000
13,664,000
-17,553,000
-21,987,000
-27,924,000
-36,455,000
-36,455,000-27,924,000-21,987,000-17,553,00013,664,00012,982,00012,136,000-633,3907,254,000-180,377



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 (+$)
totalRevenue80,136,000
Cost of Revenue-45,639,000
Gross Profit34,497,00034,497,000
 
Operating Income (+$)
Gross Profit34,497,000
Operating Expense-19,705,000
Operating Income14,786,00014,792,000
 
Operating Expense (+$)
Research Development0
Selling General Administrative6,568,000
Selling And Marketing Expenses282,000
Operating Expense19,705,0006,850,000
 
Net Interest Income (+$)
Interest Income435,000
Interest Expense-435,000
Other Finance Cost-435,000
Net Interest Income-435,000
 
Pretax Income (+$)
Operating Income14,786,000
Net Interest Income-435,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)16,437,00013,135,000
EBIT - interestExpense = 16,437,000
16,394,000
12,133,000
Interest Expense435,000
Earnings Before Interest and Taxes (EBIT)16,872,00016,872,000
Earnings Before Interest and Taxes (EBITDA)19,187,000
 
After tax Income (+$)
Income Before Tax16,437,000
Tax Provision-4,696,000
Net Income From Continuing Ops11,741,00011,741,000
Net Income11,698,000
Net Income Applicable To Common Shares11,698,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses65,344,000
Total Other Income/Expenses Net1,651,000435,000
 

Technical Analysis of L&T Technology Services 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 L&T Technology Services Limited. The general trend of L&T Technology Services Limited is BULLISH with 85.7% 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 L&T Technology Services 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 (85.7%) Bearish trend (-85.7%)
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 L&T Technology Services Limited.

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 5,525 < 5,632 < 5,679.

The bearish price targets are: 5,100 > 5,061 > 4,951.

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L&T Technology Services 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 L&T Technology Services Limited. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above 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 above 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

L&T Technology Services 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 L&T Technology Services Limited. The current macd is 13.73.

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

  • MACD line > signal line: The MACD line is above the signal 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 L&T Technology Services Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for L&T Technology Services Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the L&T Technology Services Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
L&T Technology Services Limited Daily Moving Average Convergence/Divergence (MACD) ChartL&T Technology Services 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 L&T Technology Services Limited. The current adx is 19.37.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy L&T Technology Services Limited shares, leading to potential upward 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 bullish trend could be forming. +1
L&T Technology Services 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 L&T Technology Services Limited. The current sar is 5,152.

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
L&T Technology Services 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 L&T Technology Services Limited. The current rsi is 56.99. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
L&T Technology Services Limited Daily Relative Strength Index (RSI) ChartL&T Technology Services 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 L&T Technology Services Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the L&T Technology Services Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
L&T Technology Services Limited Daily Stochastic Oscillator ChartL&T Technology Services 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 L&T Technology Services Limited. The current cci is 181.63.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
L&T Technology Services Limited Daily Commodity Channel Index (CCI) ChartL&T Technology Services 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 L&T Technology Services Limited. The current cmo is 20.88.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
L&T Technology Services Limited Daily Chande Momentum Oscillator (CMO) ChartL&T Technology Services 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 L&T Technology Services Limited. The current willr is -15.9010989.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
L&T Technology Services Limited Daily Williams %R ChartL&T Technology Services 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 L&T Technology Services Limited.

L&T Technology Services 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 L&T Technology Services Limited. The current atr is 144.19.

L&T Technology Services Limited Daily Average True Range (ATR) ChartL&T Technology Services 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 L&T Technology Services Limited. The current obv is 15,159,288.

L&T Technology Services Limited Daily On-Balance Volume (OBV) ChartL&T Technology Services 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 L&T Technology Services Limited. The current mfi is 60.79.

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
L&T Technology Services Limited Daily Money Flow Index (MFI) ChartL&T Technology Services Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for L&T Technology Services 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
2023-11-06MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-29ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-05MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-29SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-01STOCH 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.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-31WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-14DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-21MACD 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.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

L&T Technology Services Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of L&T Technology Services Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.986
Ma 20Greater thanMa 505,316.815
Ma 50Greater thanMa 1005,404.218
Ma 100Greater thanMa 2005,143.117
OpenGreater thanClose5,475.000
Total3/5 (60.0%)
Penke

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