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Manaksia Limited
Buy, Hold or Sell?

Let's analyse Manaksia together

PenkeI guess you are interested in Manaksia 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 Manaksia 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 Manaksia (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.14
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR175.55
Expected worth in 1 year
INR214.48
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
INR50.93
Return On Investment
51.9%

For what price can you sell your share?

Current Price per Share
INR98.15
Expected price per share
INR88.94 - INR110.45
How sure are you?
50%

1. Valuation of Manaksia (5 min.)




Live pricePrice per Share (EOD)

INR98.15

Intrinsic Value Per Share

INR-156.55 - INR383.42

Total Value Per Share

INR19.00 - INR558.98

2. Growth of Manaksia (5 min.)




Is Manaksia growing?

Current yearPrevious yearGrowGrow %
How rich?$138m$130.4m$7.6m5.5%

How much money is Manaksia making?

Current yearPrevious yearGrowGrow %
Making money$12.8m$21.9m-$9.1m-71.4%
Net Profit Margin9.2%15.6%--

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

3. Financial Health of Manaksia (5 min.)




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




  Industry Rankings (Metal Fabrication)  


Richest
#74 / 182

Most Revenue
#56 / 182

Most Profit
#31 / 182

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

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

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

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

Speculation

The Price per Share of Manaksia is INR98.15. 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 Manaksia.
  • 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 Manaksia, 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 INR175.55. Based on the TTM, the Book Value Change Per Share is INR9.73 per quarter. Based on the YOY, the Book Value Change Per Share is INR16.58 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 INR3.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Manaksia.

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 Eps0.200.2%0.200.2%0.340.3%0.180.2%0.190.2%
Usd Book Value Change Per Share0.120.1%0.120.1%0.200.2%0.050.1%-0.020.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.050.1%0.040.0%
Usd Total Gains Per Share0.150.2%0.150.2%0.230.2%0.110.1%0.020.0%
Usd Price Per Share1.28-1.28-0.89-0.72-0.70-
Price to Earnings Ratio6.56-6.56-2.64-4.28-3.79-
Price-to-Total Gains Ratio8.40-8.40-3.77-4.52-2.64-
Price to Book Ratio0.61-0.61-0.45-0.36-0.35-
Price-to-Total Gains Ratio8.40-8.40-3.77-4.52-2.64-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.1778
Number of shares849
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.05
Usd Book Value Change Per Share0.120.05
Usd Total Gains Per Share0.150.11
Gains per Quarter (849 shares)129.7191.96
Gains per Year (849 shares)518.84367.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1122397509183184358
22457931028367369726
3367119015475505531094
4489158620667347381462
5611198325859179221830
673423793104110011072198
785627763623128412912566
897831734142146714762934
9110035694661165016603302
10122339665180183418443670

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%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%14.03.00.082.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.00.01.094.1%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%14.03.00.082.4%

Fundamentals of Manaksia

About Manaksia Limited

Manaksia Limited, together with its subsidiaries, engages in the manufacture, sale, and trading of metal products in India and internationally. The company operates through Metal Products, Packaging, and Others segments. It provides value-added steel products, such as cold rolled sheets, galvanised corrugated sheets, galvanised plain sheets, colour coated (pre-painted) sheets, aluminium and steel galvanized sheets, coils, PP caps, roll on pilfer proof closures, and crown closures; EP liners, washers, and EP sheets; colour coated aluminum sheets and coils for roofing and cladding; pre painted profile sheets; metal packaging products and containers; and paper packaging products and nonferrous alloys for the automotive industry. In addition, the company offers aluminum alloy, sponge iron, and steel ingots; aluminum roofing sheets; direct reduced iron and sponge iron products; and roofing products and galvanised steel under the Sumo brand; and kraft paper products. Further, it engages in the trading of spare parts of machine, including paper machine and consumables. The company was formerly known as Hindusthan Seals Ltd. Manaksia Limited was incorporated in 1984 and is headquartered in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-10 19:48:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating 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 cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Manaksia Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Manaksia to the Metal Fabrication industry mean.
  • A Net Profit Margin of 9.2% means that ₹0.09 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 9.2%. The company is making a profit. +1
  • The TTM is 9.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ9.2%TTM9.2%0.0%
TTM9.2%YOY15.6%-6.4%
TTM9.2%5Y8.9%+0.3%
5Y8.9%10Y9.1%-0.2%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ9.2%2.5%+6.7%
TTM9.2%2.3%+6.9%
YOY15.6%3.8%+11.8%
5Y8.9%3.3%+5.6%
10Y9.1%3.5%+5.6%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Manaksia to the Metal Fabrication industry mean.
  • 7.7% Return on Assets means that Manaksia generated ₹0.08 profit for each $1 in assets.

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

  • The MRQ is 7.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 7.7%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ7.7%TTM7.7%0.0%
TTM7.7%YOY13.3%-5.7%
TTM7.7%5Y7.2%+0.5%
5Y7.2%10Y7.4%-0.2%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ7.7%0.9%+6.8%
TTM7.7%0.8%+6.9%
YOY13.3%1.2%+12.1%
5Y7.2%1.1%+6.1%
10Y7.4%1.0%+6.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Manaksia to the Metal Fabrication industry mean.
  • 9.5% Return on Equity means Manaksia generated ₹0.09 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 9.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 9.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ9.5%TTM9.5%0.0%
TTM9.5%YOY17.2%-7.7%
TTM9.5%5Y8.9%+0.6%
5Y8.9%10Y9.6%-0.7%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ9.5%1.6%+7.9%
TTM9.5%1.4%+8.1%
YOY17.2%2.6%+14.6%
5Y8.9%2.0%+6.9%
10Y9.6%2.0%+7.6%

1.2. Operating Efficiency of Manaksia Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Manaksia is operating .

  • Measures how much profit Manaksia 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 Manaksia to the Metal Fabrication industry mean.
  • An Operating Margin of 17.4% means the company generated ₹0.17  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 17.4%. The company is operating efficient. +1
  • The TTM is 17.4%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ17.4%TTM17.4%0.0%
TTM17.4%YOY20.3%-3.0%
TTM17.4%5Y14.2%+3.2%
5Y14.2%10Y13.0%+1.2%
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ17.4%4.9%+12.5%
TTM17.4%3.0%+14.4%
YOY20.3%5.8%+14.5%
5Y14.2%5.6%+8.6%
10Y13.0%4.3%+8.7%
1.2.2. Operating Ratio

Measures how efficient Manaksia is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • An Operation Ratio of 0.89 means that the operating costs are ₹0.89 for each ₹1 in net sales.

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

  • The MRQ is 0.892. The company is less efficient in keeping operating costs low.
  • The TTM is 0.892. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.892TTM0.8920.000
TTM0.892YOY0.826+0.067
TTM0.8925Y0.905-0.013
5Y0.90510Y0.891+0.015
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8921.658-0.766
TTM0.8921.676-0.784
YOY0.8261.622-0.796
5Y0.9051.598-0.693
10Y0.8911.336-0.445

1.3. Liquidity of Manaksia Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Metal Fabrication industry mean).
  • A Current Ratio of 5.88 means the company has ₹5.88 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 5.879. The company is very able to pay all its short-term debts. +2
  • The TTM is 5.879. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ5.879TTM5.8790.000
TTM5.879YOY4.738+1.141
TTM5.8795Y6.326-0.447
5Y6.32610Y5.136+1.189
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ5.8791.766+4.113
TTM5.8791.773+4.106
YOY4.7381.812+2.926
5Y6.3261.780+4.546
10Y5.1361.614+3.522
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Manaksia to the Metal Fabrication industry mean.
  • A Quick Ratio of 8.93 means the company can pay off ₹8.93 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 8.927. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 8.927. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ8.927TTM8.9270.000
TTM8.927YOY6.687+2.240
TTM8.9275Y7.923+1.004
5Y7.92310Y4.765+3.158
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9270.731+8.196
TTM8.9270.744+8.183
YOY6.6870.858+5.829
5Y7.9230.934+6.989
10Y4.7650.848+3.917

1.4. Solvency of Manaksia Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Manaksia to Metal Fabrication industry mean.
  • A Debt to Asset Ratio of 0.17 means that Manaksia assets are financed with 17.4% credit (debt) and the remaining percentage (100% - 17.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.174. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.174. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.174TTM0.1740.000
TTM0.174YOY0.209-0.035
TTM0.1745Y0.168+0.006
5Y0.16810Y0.207-0.039
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1740.497-0.323
TTM0.1740.484-0.310
YOY0.2090.496-0.287
5Y0.1680.484-0.316
10Y0.2070.490-0.283
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Manaksia to the Metal Fabrication industry mean.
  • A Debt to Equity ratio of 21.6% means that company has ₹0.22 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.216. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.216. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.216TTM0.2160.000
TTM0.216YOY0.270-0.054
TTM0.2165Y0.207+0.009
5Y0.20710Y0.280-0.072
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2160.988-0.772
TTM0.2161.004-0.788
YOY0.2700.992-0.722
5Y0.2070.990-0.783
10Y0.2801.042-0.762

2. Market Valuation of Manaksia 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 Manaksia generates.

  • Above 15 is considered overpriced but always compare Manaksia to the Metal Fabrication industry mean.
  • A PE ratio of 6.56 means the investor is paying ₹6.56 for every ₹1 in earnings.

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

  • The EOD is 6.022. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.559. Based on the earnings, the company is cheap. +2
  • The TTM is 6.559. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.022MRQ6.559-0.537
MRQ6.559TTM6.5590.000
TTM6.559YOY2.642+3.917
TTM6.5595Y4.278+2.281
5Y4.27810Y3.792+0.485
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD6.02214.886-8.864
MRQ6.55913.177-6.618
TTM6.55912.577-6.018
YOY2.64213.915-11.273
5Y4.27811.908-7.630
10Y3.79218.158-14.366
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 15.230. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 16.587. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 16.587. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD15.230MRQ16.587-1.358
MRQ16.587TTM16.5870.000
TTM16.587YOY3.525+13.062
TTM16.5875Y0.543+16.045
5Y0.54310Y2.254-1.711
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD15.2303.084+12.146
MRQ16.5872.831+13.756
TTM16.5870.785+15.802
YOY3.525-1.173+4.698
5Y0.5430.660-0.117
10Y2.2540.736+1.518
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Metal Fabrication industry mean).
  • A PB ratio of 0.61 means the investor is paying ₹0.61 for each ₹1 in book value.

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

  • The EOD is 0.559. Based on the equity, the company is cheap. +2
  • The MRQ is 0.609. Based on the equity, the company is cheap. +2
  • The TTM is 0.609. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.559MRQ0.609-0.050
MRQ0.609TTM0.6090.000
TTM0.609YOY0.445+0.164
TTM0.6095Y0.364+0.245
5Y0.36410Y0.353+0.012
Compared to industry (Metal Fabrication)
PeriodCompanyIndustry (mean)+/- 
EOD0.5591.585-1.026
MRQ0.6091.503-0.894
TTM0.6091.540-0.931
YOY0.4451.689-1.244
5Y0.3641.721-1.357
10Y0.3531.792-1.439
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Manaksia 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--9.7329.7320%16.581-41%4.526+115%-2.067+121%
Book Value Per Share--175.553175.5530%165.822+6%160.481+9%166.246+6%
Current Ratio--5.8795.8790%4.738+24%6.326-7%5.136+14%
Debt To Asset Ratio--0.1740.1740%0.209-17%0.168+4%0.207-16%
Debt To Equity Ratio--0.2160.2160%0.270-20%0.207+4%0.280-23%
Dividend Per Share--3.0003.0000%3.0000%4.500-33%3.450-13%
Eps--16.29916.2990%27.932-42%14.686+11%16.246+0%
Free Cash Flow Per Share--6.4456.4450%20.933-69%12.005-46%21.140-70%
Free Cash Flow To Equity Per Share---7.393-7.3930%25.839-129%7.240-202%14.494-151%
Gross Profit Margin--1.0001.0000%0.973+3%0.952+5%0.971+3%
Intrinsic Value_10Y_max--383.422--------
Intrinsic Value_10Y_min---156.550--------
Intrinsic Value_1Y_max--26.374--------
Intrinsic Value_1Y_min--5.075--------
Intrinsic Value_3Y_max--88.424--------
Intrinsic Value_3Y_min---2.644--------
Intrinsic Value_5Y_max--161.545--------
Intrinsic Value_5Y_min---29.914--------
Market Cap6432162100.000-9%7005589945.0007005589945.0000%4836412890.000+45%3913038125.500+79%3799664219.000+84%
Net Profit Margin--0.0920.0920%0.156-41%0.089+3%0.091+1%
Operating Margin--0.1740.1740%0.203-15%0.142+23%0.130+34%
Operating Ratio--0.8920.8920%0.826+8%0.905-1%0.891+0%
Pb Ratio0.559-9%0.6090.6090%0.445+37%0.364+67%0.353+73%
Pe Ratio6.022-9%6.5596.5590%2.642+148%4.278+53%3.792+73%
Price Per Share98.150-9%106.900106.9000%73.800+45%59.710+79%57.980+84%
Price To Free Cash Flow Ratio15.230-9%16.58716.5870%3.525+370%0.543+2957%2.254+636%
Price To Total Gains Ratio7.709-9%8.3968.3960%3.769+123%4.520+86%2.640+218%
Quick Ratio--8.9278.9270%6.687+33%7.923+13%4.765+87%
Return On Assets--0.0770.0770%0.133-42%0.072+7%0.074+4%
Return On Equity--0.0950.0950%0.172-45%0.089+6%0.096-1%
Total Gains Per Share--12.73212.7320%19.581-35%9.026+41%1.383+820%
Usd Book Value--138056712.000138056712.0000%130403712.000+6%126203980.800+9%130737518.400+6%
Usd Book Value Change Per Share--0.1170.1170%0.199-41%0.054+115%-0.025+121%
Usd Book Value Per Share--2.1072.1070%1.990+6%1.926+9%1.995+6%
Usd Dividend Per Share--0.0360.0360%0.0360%0.054-33%0.041-13%
Usd Eps--0.1960.1960%0.335-42%0.176+11%0.195+0%
Usd Free Cash Flow--5068188.0005068188.0000%16462152.000-69%9441189.600-46%16624328.400-70%
Usd Free Cash Flow Per Share--0.0770.0770%0.251-69%0.144-46%0.254-70%
Usd Free Cash Flow To Equity Per Share---0.089-0.0890%0.310-129%0.087-202%0.174-151%
Usd Market Cap77185945.200-9%84067079.34084067079.3400%58036954.680+45%46956457.506+79%45595970.628+84%
Usd Price Per Share1.178-9%1.2831.2830%0.886+45%0.717+79%0.696+84%
Usd Profit--12817488.00012817488.0000%21968088.000-42%11201419.200+14%12548770.800+2%
Usd Revenue--139854096.000139854096.0000%140890812.000-1%121125979.200+15%135980108.400+3%
Usd Total Gains Per Share--0.1530.1530%0.235-35%0.108+41%0.017+820%
 EOD+4 -4MRQTTM+0 -0YOY+12 -225Y+22 -1410Y+23 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-156.022
Price to Book Ratio (EOD)Between0-10.559
Net Profit Margin (MRQ)Greater than00.092
Operating Margin (MRQ)Greater than00.174
Quick Ratio (MRQ)Greater than18.927
Current Ratio (MRQ)Greater than15.879
Debt to Asset Ratio (MRQ)Less than10.174
Debt to Equity Ratio (MRQ)Less than10.216
Return on Equity (MRQ)Greater than0.150.095
Return on Assets (MRQ)Greater than0.050.077
Total9/10 (90.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.377
Ma 20Greater thanMa 50109.805
Ma 50Greater thanMa 100120.176
Ma 100Greater thanMa 200126.938
OpenGreater thanClose99.500
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets13,933,384
Total Liabilities2,428,658
Total Stockholder Equity11,244,483
 As reported
Total Liabilities 2,428,658
Total Stockholder Equity+ 11,244,483
Total Assets = 13,933,384

Assets

Total Assets13,933,384
Total Current Assets12,363,812
Long-term Assets1,569,572
Total Current Assets
Cash And Cash Equivalents 1,961,213
Short-term Investments 7,586,331
Net Receivables 1,640,499
Inventory 698,908
Other Current Assets 476,861
Total Current Assets  (as reported)12,363,812
Total Current Assets  (calculated)12,363,812
+/-0
Long-term Assets
Property Plant Equipment 1,316,274
Intangible Assets 325
Other Assets 230,286
Long-term Assets  (as reported)1,569,572
Long-term Assets  (calculated)1,546,885
+/- 22,687

Liabilities & Shareholders' Equity

Total Current Liabilities2,103,099
Long-term Liabilities325,559
Total Stockholder Equity11,244,483
Total Current Liabilities
Short-term Debt 581,811
Short Long Term Debt 580,555
Accounts payable 353,582
Other Current Liabilities 260,096
Total Current Liabilities  (as reported)2,103,099
Total Current Liabilities  (calculated)1,776,044
+/- 327,055
Long-term Liabilities
Long term Debt Total 665
Other Liabilities 324,894
Long-term Liabilities  (as reported)325,559
Long-term Liabilities  (calculated)325,559
+/-0
Total Stockholder Equity
Common Stock131,068
Retained Earnings 15,707,791
Accumulated Other Comprehensive Income -4,915,959
Capital Surplus 300,280
Total Stockholder Equity (as reported)11,244,483
Total Stockholder Equity (calculated)11,223,180
+/- 21,303
Other
Capital Stock131,068
Cash And Equivalents834,926
Cash and Short Term Investments 9,547,544
Common Stock Shares Outstanding 65,534
Current Deferred Revenue907,610
Liabilities and Stockholders Equity 13,933,384
Net Debt -1,378,737
Net Invested Capital 11,825,038
Net Tangible Assets 11,244,158
Net Working Capital 10,260,713
Property Plant and Equipment Gross 1,316,274
Short Long Term Debt Total 582,476



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 
11,101,382
13,792,228
16,082,284
17,365,166
19,606,110
20,236,472
21,625,280
24,204,982
14,118,683
14,405,386
12,115,591
11,935,801
12,687,683
11,279,491
11,689,307
13,735,711
13,933,384
13,933,38413,735,71111,689,30711,279,49112,687,68311,935,80112,115,59114,405,38614,118,68324,204,98221,625,28020,236,47219,606,11017,365,16616,082,28413,792,22811,101,382
   > Total Current Assets 
5,610,910
6,621,796
8,414,565
8,895,027
11,346,302
11,180,801
12,668,436
15,438,287
9,370,754
9,326,542
9,412,337
8,721,054
9,985,930
8,469,262
9,450,556
11,968,933
12,363,812
12,363,81211,968,9339,450,5568,469,2629,985,9308,721,0549,412,3379,326,5429,370,75415,438,28712,668,43611,180,80111,346,3028,895,0278,414,5656,621,7965,610,910
       Cash And Cash Equivalents 
90,990
128,614
355,809
757,651
457,623
311,035
349,247
517,723
229,617
1,053,312
3,732,626
4,816,158
1,163,048
1,595,949
1,118,615
2,388,050
1,961,213
1,961,2132,388,0501,118,6151,595,9491,163,0484,816,1583,732,6261,053,312229,617517,723349,247311,035457,623757,651355,809128,61490,990
       Short-term Investments 
0
0
0
0
0
0
19,600
0
31,050
43,691
45,395
73,327
4,136,703
2,376,660
5,819,315
6,479,045
7,586,331
7,586,3316,479,0455,819,3152,376,6604,136,70373,32745,39543,69131,050019,600000000
       Net Receivables 
0
0
0
0
0
0
0
1,429,925
1,160,855
766,808
2,208,729
1,300,373
2,091,515
1,244,130
876,666
1,546,049
1,640,499
1,640,4991,546,049876,6661,244,1302,091,5151,300,3732,208,729766,8081,160,8551,429,9250000000
       Inventory 
3,148,911
3,038,963
3,710,182
3,540,727
5,308,027
4,676,685
5,200,915
6,777,853
3,554,906
1,948,485
1,333,938
1,403,470
1,787,098
1,591,839
1,293,644
1,517,609
698,908
698,9081,517,6091,293,6441,591,8391,787,0981,403,4701,333,9381,948,4853,554,9066,777,8535,200,9154,676,6855,308,0273,540,7273,710,1823,038,9633,148,911
       Other Current Assets 
2,371,009
3,454,219
4,348,574
4,596,649
5,580,652
6,193,081
7,098,674
8,142,711
5,555,181
6,281,054
4,300,378
2,428,099
807,566
2,904,814
342,316
38,180
476,861
476,86138,180342,3162,904,814807,5662,428,0994,300,3786,281,0545,555,1818,142,7117,098,6746,193,0815,580,6524,596,6494,348,5743,454,2192,371,009
   > Long-term Assets 
5,490,472
7,170,432
7,667,719
8,470,139
8,259,808
9,055,671
8,956,844
8,766,695
4,747,929
5,078,844
2,703,254
3,214,747
2,701,753
2,810,229
2,238,751
1,766,778
1,569,572
1,569,5721,766,7782,238,7512,810,2292,701,7533,214,7472,703,2545,078,8444,747,9298,766,6958,956,8449,055,6718,259,8088,470,1397,667,7197,170,4325,490,472
       Property Plant Equipment 
5,406,167
5,781,004
6,991,608
8,208,347
8,257,996
8,970,110
8,931,021
8,734,333
4,738,878
5,070,419
2,695,882
3,193,234
2,684,984
2,129,107
1,763,833
1,450,695
1,316,274
1,316,2741,450,6951,763,8332,129,1072,684,9843,193,2342,695,8825,070,4194,738,8788,734,3338,931,0218,970,1108,257,9968,208,3476,991,6085,781,0045,406,167
       Long Term Investments 
0
0
0
0
0
0
0
3,627
1,627
1,785
4,679
15,891
11,508
0
0
0
0
000011,50815,8914,6791,7851,6273,6270000000
       Intangible Assets 
0
0
0
0
0
4,247
0
2,705
4,136
3,352
2,595
1,838
1,081
552
325
325
325
3253253255521,0811,8382,5953,3524,1362,70504,24700000
       Long-term Assets Other 
84,305
1,389,428
676,111
261,792
1,812
81,314
43,717
32,362
38,439
50,296
51,456
77,076
4,140,883
671,168
399,158
235,111
230,286
230,286235,111399,158671,1684,140,88377,07651,45650,29638,43932,36243,71781,3141,812261,792676,1111,389,42884,305
> Total Liabilities 
7,133,364
6,484,043
8,015,324
7,987,456
9,661,908
9,284,622
8,766,145
9,401,344
3,090,044
2,240,633
3,771,373
1,914,109
2,014,878
1,519,363
1,908,950
2,868,735
2,428,658
2,428,6582,868,7351,908,9501,519,3632,014,8781,914,1093,771,3732,240,6333,090,0449,401,3448,766,1459,284,6229,661,9087,987,4568,015,3246,484,0437,133,364
   > Total Current Liabilities 
2,430,891
2,865,392
3,242,442
4,095,614
4,599,858
6,972,147
6,839,537
7,378,008
2,636,735
1,789,828
3,324,128
1,442,046
1,527,561
1,045,010
1,483,740
2,526,016
2,103,099
2,103,0992,526,0161,483,7401,045,0101,527,5611,442,0463,324,1281,789,8282,636,7357,378,0086,839,5376,972,1474,599,8584,095,6143,242,4422,865,3922,430,891
       Short-term Debt 
0
0
0
0
0
0
2,058,766
3,092,842
1,680,037
802,480
1,944,711
495,126
435,343
132,061
520,276
1,136,908
581,811
581,8111,136,908520,276132,061435,343495,1261,944,711802,4801,680,0373,092,8422,058,766000000
       Short Long Term Debt 
0
0
0
0
0
0
0
1,432,085
130,291
216,313
1,944,711
495,126
435,343
130,969
517,588
1,135,652
580,555
580,5551,135,652517,588130,969435,343495,1261,944,711216,313130,2911,432,0850000000
       Accounts payable 
0
0
0
0
0
0
3,344,024
2,869,760
522,496
530,450
980,109
626,913
856,306
749,697
592,946
340,651
353,582
353,582340,651592,946749,697856,306626,913980,109530,450522,4962,869,7603,344,024000000
       Other Current Liabilities 
2,430,891
2,865,392
3,242,442
4,095,614
4,599,858
6,972,147
1,436,747
1,415,406
434,202
456,898
399,308
254,793
23,135
15,304
100,209
135,609
260,096
260,096135,609100,20915,30423,135254,793399,308456,898434,2021,415,4061,436,7476,972,1474,599,8584,095,6143,242,4422,865,3922,430,891
   > Long-term Liabilities 
4,702,473
3,618,651
4,772,882
3,891,842
5,062,050
2,312,475
1,926,608
2,023,336
453,309
450,805
447,245
472,063
487,317
474,353
425,210
342,719
325,559
325,559342,719425,210474,353487,317472,063447,245450,805453,3092,023,3361,926,6082,312,4755,062,0503,891,8424,772,8823,618,6514,702,473
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
360,217
119,712
26,693
12,056
4,797
3,310
1,847
665
6651,8473,3104,79712,05626,693119,712360,217000000000
       Other Liabilities 
0
0
0
0
0
0
0
83,461
65,720
59,778
315,879
445,370
475,261
469,556
421,900
340,872
324,894
324,894340,872421,900469,556475,261445,370315,87959,77865,72083,4610000000
> Total Stockholder Equity
3,968,018
7,308,185
8,066,959
9,350,924
9,916,311
10,928,351
12,748,288
14,698,684
10,925,800
12,056,932
8,230,862
9,895,986
10,527,884
9,590,658
9,561,404
10,616,253
11,244,483
11,244,48310,616,2539,561,4049,590,65810,527,8849,895,9868,230,86212,056,93210,925,80014,698,68412,748,28810,928,3519,916,3119,350,9248,066,9597,308,1853,968,018
   Common Stock
131,808
162,808
139,068
139,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068
131,068131,068131,068131,068131,068131,068131,068131,068131,068131,068131,068131,068131,068139,068139,068162,808131,808
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income -4,915,959-4,672,567-4,092,237-1,200,787-797,967-361,392-3,486,181-5,035,334-4,453,507-6,109,117-4,982,324-3,948,035-3,143,540-2,690,038-2,134,984-1,604,420-1,222,499
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
300,280
300,280
300,280
300,280
300,280
300,280300,280300,280300,280300,280000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
5,058,709
8,749,797
10,062,875
11,901,894
12,928,783
14,745,318
9,913,169
11,257,292
5,430,344
6,492,004
403,691
-2,047,862
-1,514,034
-13,260,737
-3,770,654
-4,350,984
-4,594,376
-4,594,376-4,350,984-3,770,654-13,260,737-1,514,034-2,047,862403,6916,492,0045,430,34411,257,2929,913,16914,745,31812,928,78311,901,89410,062,8758,749,7975,058,709



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 (+$)
totalRevenue11,654,508
Cost of Revenue-8,129,217
Gross Profit3,525,2913,525,291
 
Operating Income (+$)
Gross Profit3,525,291
Operating Expense-2,270,517
Operating Income1,306,7031,254,774
 
Operating Expense (+$)
Research Development0
Selling General Administrative29,461
Selling And Marketing Expenses0
Operating Expense2,270,51729,461
 
Net Interest Income (+$)
Interest Income153,929
Interest Expense-153,929
Other Finance Cost-153,929
Net Interest Income-153,929
 
Pretax Income (+$)
Operating Income1,306,703
Net Interest Income-153,929
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,873,521739,885
EBIT - interestExpense = 1,873,521
1,863,789
1,222,053
Interest Expense153,929
Earnings Before Interest and Taxes (EBIT)2,027,4502,027,450
Earnings Before Interest and Taxes (EBITDA)2,234,956
 
After tax Income (+$)
Income Before Tax1,873,521
Tax Provision-795,665
Net Income From Continuing Ops1,077,8561,077,856
Net Income1,068,124
Net Income Applicable To Common Shares1,068,124
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses10,399,734
Total Other Income/Expenses Net566,818153,929
 

Technical Analysis of Manaksia
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 Manaksia. The general trend of Manaksia is BEARISH with 100.0% 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 Manaksia'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 (-100.0%) Bearish trend (100.0%)
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 Manaksia Limited.

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

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

The bullish price targets are: 98.37 < 107.92 < 110.45.

The bearish price targets are: 97.05 > 97.00 > 88.94.

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Manaksia 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 Manaksia Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

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

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

Manaksia 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 Manaksia Limited. The current macd is -6.14795303.

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 Manaksia price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Manaksia. 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 Manaksia 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
Manaksia Limited Daily Moving Average Convergence/Divergence (MACD) ChartManaksia 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 Manaksia Limited. The current adx is 33.51.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Manaksia shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Manaksia 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 Manaksia Limited. The current sar is 114.45.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Manaksia 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 Manaksia Limited. The current rsi is 30.38. The current phase is Continuation in bear 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).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Manaksia Limited Daily Relative Strength Index (RSI) ChartManaksia 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 Manaksia Limited. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Manaksia price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Manaksia Limited Daily Stochastic Oscillator ChartManaksia 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 Manaksia Limited. The current cci is -92.31399825.

Manaksia Limited Daily Commodity Channel Index (CCI) ChartManaksia 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 Manaksia Limited. The current cmo is -45.38402897.

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
Manaksia Limited Daily Chande Momentum Oscillator (CMO) ChartManaksia 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 Manaksia Limited. The current willr is -95.28688525.

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

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Manaksia Limited Daily Williams %R ChartManaksia 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 Manaksia Limited.

Manaksia 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 Manaksia Limited. The current atr is 5.55366674.

Manaksia Limited Daily Average True Range (ATR) ChartManaksia 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 Manaksia Limited. The current obv is 24,257,458.

Manaksia Limited Daily On-Balance Volume (OBV) ChartManaksia 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 Manaksia Limited. The current mfi is 41.05.

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
Manaksia Limited Daily Money Flow Index (MFI) ChartManaksia Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Manaksia 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
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-10MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-28STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-07MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-08DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-11CCI 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.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI 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.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-02DMI 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
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-13ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
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
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28MACD 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05DMI 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.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

Manaksia Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5030.377
Ma 20Greater thanMa 50109.805
Ma 50Greater thanMa 100120.176
Ma 100Greater thanMa 200126.938
OpenGreater thanClose99.500
Total1/5 (20.0%)
Penke

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