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Vedant Fashions Ltd
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PenkeI guess you are interested in Vedant Fashions Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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Quick analysis of Vedant Fashions Ltd (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.24
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
INR57.64
Expected worth in 1 year
INR109.87
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
INR72.22
Return On Investment
7.8%

For what price can you sell your share?

Current Price per Share
INR928.35
Expected price per share
INR886.05 - INR1,049
How sure are you?
50%

1. Valuation of Vedant Fashions Ltd (5 min.)




Live pricePrice per Share (EOD)

INR928.35

Intrinsic Value Per Share

INR233.49 - INR277.48

Total Value Per Share

INR291.13 - INR335.12

2. Growth of Vedant Fashions Ltd (5 min.)




Is Vedant Fashions Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$167.9m$129.9m$38m22.7%

How much money is Vedant Fashions Ltd making?

Current yearPrevious yearGrowGrow %
Making money$51.4m$37.7m$13.7m26.6%
Net Profit Margin31.7%30.3%--

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

3. Financial Health of Vedant Fashions Ltd (5 min.)




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




  Industry Rankings (Apparel Manufacturing)  

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

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

What can you expect buying and holding a share of Vedant Fashions Ltd?

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

Speculation

The Price per Share of Vedant Fashions Ltd is INR928.35. 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 Vedant Fashions Ltd.
  • 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 Vedant Fashions Ltd, 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 INR57.64. Based on the TTM, the Book Value Change Per Share is INR13.06 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.36 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 INR5.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Vedant Fashions Ltd.

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 Eps0.210.0%0.210.0%0.160.0%0.140.0%0.140.0%
Usd Book Value Change Per Share0.160.0%0.160.0%0.000.0%0.170.0%0.170.0%
Usd Dividend Per Share0.060.0%0.060.0%0.000.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.220.0%0.220.0%0.000.0%0.200.0%0.200.0%
Usd Price Per Share13.67-13.67-11.58-6.31-6.31-
Price to Earnings Ratio64.46-64.46-74.45-34.73-34.73-
Price-to-Total Gains Ratio63.08-63.08--2,704.96--1,320.94--1,320.94-
Price to Book Ratio19.76-19.76-21.65-10.35-10.35-
Price-to-Total Gains Ratio63.08-63.08--2,704.96--1,320.94--1,320.94-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share11.1402
Number of shares89
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.060.02
Usd Book Value Change Per Share0.160.17
Usd Total Gains Per Share0.220.20
Gains per Quarter (89 shares)19.2817.39
Gains per Year (89 shares)77.1369.55
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
121566786260
24311214416123130
36416722124185200
48522329832246270
510727937540308340
612833545248369410
714939052956431480
817144660664492550
919250268372554620
1021355876080616690

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%4.00.00.0100.0%4.00.00.0100.0%4.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.01.00.075.0%3.01.00.075.0%3.01.00.075.0%
Dividend per Share1.00.00.0100.0%1.00.02.033.3%2.00.02.050.0%2.00.02.050.0%2.00.02.050.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.01.00.075.0%3.01.00.075.0%3.01.00.075.0%

Fundamentals of Vedant Fashions Ltd

About Vedant Fashions Ltd

Vedant Fashions Limited engages in manufacture and trading of wedding and celebration wear in India and internationally. The company's products include men's ethnic and celebration wear items, such as Indo-western, sherwanis, and kurtas; jackets and accessories; women's ethnic and celebration wear items consisting of lehengas, sarees, stitched suits, and kurtis; and lehengas, gowns, frocks, kurtas, suits and accessories for kids. It offers its products under the Manyavar, Twamev, Manthan, Mohey and Mebaz brands. The company sells its products through a network of franchise-owned exclusive brand outlets, multi-brand outlets, and large format stores; and online platforms, including its website, www.manyavar.com and mobile application. Vedant Fashions Limited was incorporated in 2002 and is headquartered in Kolkata, India.

Fundamental data was last updated by Penke on 2024-03-13 04:50:05.

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 very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very 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 expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is overpriced.

1.1. Profitability of Vedant Fashions Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Vedant Fashions Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • A Net Profit Margin of 31.7% means that ₹0.32 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Vedant Fashions Ltd:

  • The MRQ is 31.7%. The company is making a huge profit. +2
  • The TTM is 31.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ31.7%TTM31.7%0.0%
TTM31.7%YOY30.3%+1.4%
TTM31.7%5Y27.9%+3.8%
5Y27.9%10Y27.9%0.0%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ31.7%3.1%+28.6%
TTM31.7%3.2%+28.5%
YOY30.3%3.5%+26.8%
5Y27.9%2.3%+25.6%
10Y27.9%2.8%+25.1%
1.1.2. Return on Assets

Shows how efficient Vedant Fashions Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • 19.8% Return on Assets means that Vedant Fashions Ltd generated ₹0.20 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Vedant Fashions Ltd:

  • The MRQ is 19.8%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 19.8%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.8%TTM19.8%0.0%
TTM19.8%YOY17.8%+2.0%
TTM19.8%5Y15.2%+4.6%
5Y15.2%10Y15.2%0.0%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ19.8%1.1%+18.7%
TTM19.8%1.0%+18.8%
YOY17.8%1.0%+16.8%
5Y15.2%0.9%+14.3%
10Y15.2%1.2%+14.0%
1.1.3. Return on Equity

Shows how efficient Vedant Fashions Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • 30.7% Return on Equity means Vedant Fashions Ltd generated ₹0.31 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Vedant Fashions Ltd:

  • The MRQ is 30.7%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 30.7%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ30.7%TTM30.7%0.0%
TTM30.7%YOY29.1%+1.6%
TTM30.7%5Y23.5%+7.1%
5Y23.5%10Y23.5%0.0%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ30.7%1.9%+28.8%
TTM30.7%2.0%+28.7%
YOY29.1%2.0%+27.1%
5Y23.5%1.5%+22.0%
10Y23.5%1.8%+21.7%

1.2. Operating Efficiency of Vedant Fashions Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Vedant Fashions Ltd is operating .

  • Measures how much profit Vedant Fashions Ltd 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 Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • An Operating Margin of 41.9% means the company generated ₹0.42  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Vedant Fashions Ltd:

  • The MRQ is 41.9%. The company is operating very efficient. +2
  • The TTM is 41.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ41.9%TTM41.9%0.0%
TTM41.9%YOY38.6%+3.2%
TTM41.9%5Y35.0%+6.9%
5Y35.0%10Y35.0%0.0%
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ41.9%6.5%+35.4%
TTM41.9%4.3%+37.6%
YOY38.6%5.0%+33.6%
5Y35.0%4.2%+30.8%
10Y35.0%4.0%+31.0%
1.2.2. Operating Ratio

Measures how efficient Vedant Fashions Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are ₹0.84 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Vedant Fashions Ltd:

  • The MRQ is 0.841. The company is less efficient in keeping operating costs low.
  • The TTM is 0.841. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.841TTM0.8410.000
TTM0.841YOY0.946-0.105
TTM0.8415Y0.967-0.126
5Y0.96710Y0.9670.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8411.414-0.573
TTM0.8411.377-0.536
YOY0.9461.328-0.382
5Y0.9671.282-0.315
10Y0.9671.126-0.159

1.3. Liquidity of Vedant Fashions Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Vedant Fashions Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • A Current Ratio of 3.37 means the company has ₹3.37 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Vedant Fashions Ltd:

  • The MRQ is 3.373. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.373. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.373TTM3.3730.000
TTM3.373YOY3.013+0.360
TTM3.3735Y3.539-0.167
5Y3.53910Y3.5390.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.3731.777+1.596
TTM3.3731.779+1.594
YOY3.0131.862+1.151
5Y3.5391.872+1.667
10Y3.5391.720+1.819
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • A Quick Ratio of 2.79 means the company can pay off ₹2.79 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Vedant Fashions Ltd:

  • The MRQ is 2.794. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.794. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.794TTM2.7940.000
TTM2.794YOY2.404+0.390
TTM2.7945Y2.908-0.114
5Y2.90810Y2.9080.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7940.685+2.109
TTM2.7940.704+2.090
YOY2.4040.772+1.632
5Y2.9080.817+2.091
10Y2.9080.815+2.093

1.4. Solvency of Vedant Fashions Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Vedant Fashions Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Vedant Fashions Ltd to Apparel Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.35 means that Vedant Fashions Ltd assets are financed with 35.4% credit (debt) and the remaining percentage (100% - 35.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Vedant Fashions Ltd:

  • The MRQ is 0.354. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.354. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.354TTM0.3540.000
TTM0.354YOY0.388-0.034
TTM0.3545Y0.350+0.004
5Y0.35010Y0.3500.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3540.445-0.091
TTM0.3540.448-0.094
YOY0.3880.452-0.064
5Y0.3500.446-0.096
10Y0.3500.449-0.099
1.4.2. Debt to Equity Ratio

Measures if Vedant Fashions Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • A Debt to Equity ratio of 54.7% means that company has ₹0.55 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Vedant Fashions Ltd:

  • The MRQ is 0.547. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.547. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.547TTM0.5470.000
TTM0.547YOY0.635-0.087
TTM0.5475Y0.541+0.006
5Y0.54110Y0.5410.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5470.797-0.250
TTM0.5470.806-0.259
YOY0.6350.821-0.186
5Y0.5410.842-0.301
10Y0.5410.900-0.359

2. Market Valuation of Vedant Fashions Ltd

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 Vedant Fashions Ltd generates.

  • Above 15 is considered overpriced but always compare Vedant Fashions Ltd to the Apparel Manufacturing industry mean.
  • A PE ratio of 64.46 means the investor is paying ₹64.46 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Vedant Fashions Ltd:

  • The EOD is 52.543. Based on the earnings, the company is expensive. -2
  • The MRQ is 64.463. Based on the earnings, the company is expensive. -2
  • The TTM is 64.463. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD52.543MRQ64.463-11.920
MRQ64.463TTM64.4630.000
TTM64.463YOY74.455-9.992
TTM64.4635Y34.729+29.734
5Y34.72910Y34.7290.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD52.5438.618+43.925
MRQ64.4638.433+56.030
TTM64.4639.541+54.922
YOY74.4557.018+67.437
5Y34.7298.760+25.969
10Y34.72915.441+19.288
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Vedant Fashions Ltd:

  • The EOD is 48.452. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 59.444. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 59.444. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD48.452MRQ59.444-10.992
MRQ59.444TTM59.4440.000
TTM59.444YOY67.229-7.785
TTM59.4445Y31.668+27.776
5Y31.66810Y31.6680.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD48.4521.770+46.682
MRQ59.4441.997+57.447
TTM59.4442.055+57.389
YOY67.229-0.431+67.660
5Y31.668-0.335+32.003
10Y31.6680.182+31.486
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Apparel Manufacturing industry mean).
  • A PB ratio of 19.76 means the investor is paying ₹19.76 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Vedant Fashions Ltd:

  • The EOD is 16.106. Based on the equity, the company is expensive. -2
  • The MRQ is 19.760. Based on the equity, the company is expensive. -2
  • The TTM is 19.760. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD16.106MRQ19.760-3.654
MRQ19.760TTM19.7600.000
TTM19.760YOY21.655-1.895
TTM19.7605Y10.354+9.406
5Y10.35410Y10.3540.000
Compared to industry (Apparel Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD16.1061.258+14.848
MRQ19.7601.293+18.467
TTM19.7601.391+18.369
YOY21.6551.499+20.156
5Y10.3541.604+8.750
10Y10.3542.142+8.212
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Vedant Fashions Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--13.05813.0580%-0.357+103%14.410-9%14.410-9%
Book Value Per Share--57.63957.6390%44.581+29%47.763+21%47.763+21%
Current Ratio--3.3733.3730%3.013+12%3.539-5%3.539-5%
Debt To Asset Ratio--0.3540.3540%0.388-9%0.350+1%0.350+1%
Debt To Equity Ratio--0.5470.5470%0.635-14%0.541+1%0.541+1%
Dividend Per Share--4.9974.9970%-+100%1.871+167%1.871+167%
Eps--17.66817.6680%12.966+36%11.463+54%11.463+54%
Free Cash Flow Per Share--19.16019.1600%14.360+33%13.065+47%13.065+47%
Free Cash Flow To Equity Per Share--19.16019.1600%-2.541+113%5.675+238%5.675+238%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--277.478--------
Intrinsic Value_10Y_min--233.486--------
Intrinsic Value_1Y_max--17.383--------
Intrinsic Value_1Y_min--16.891--------
Intrinsic Value_3Y_max--60.172--------
Intrinsic Value_3Y_min--56.687--------
Intrinsic Value_5Y_max--112.538--------
Intrinsic Value_5Y_min--102.682--------
Market Cap225467428723.200-23%276615638438.400276615638438.4000%234465724876.800+18%127770340828.800+116%127770340828.800+116%
Net Profit Margin--0.3170.3170%0.303+5%0.279+14%0.279+14%
Operating Margin--0.4190.4190%0.386+8%0.350+20%0.350+20%
Operating Ratio--0.8410.8410%0.946-11%0.967-13%0.967-13%
Pb Ratio16.106-23%19.76019.7600%21.655-9%10.354+91%10.354+91%
Pe Ratio52.543-23%64.46364.4630%74.455-13%34.729+86%34.729+86%
Price Per Share928.350-23%1138.9501138.9500%965.400+18%526.088+116%526.088+116%
Price To Free Cash Flow Ratio48.452-23%59.44459.4440%67.229-12%31.668+88%31.668+88%
Price To Total Gains Ratio51.419-23%63.08463.0840%-2704.958+4388%-1320.937+2194%-1320.937+2194%
Quick Ratio--2.7942.7940%2.404+16%2.908-4%2.908-4%
Return On Assets--0.1980.1980%0.178+11%0.152+31%0.152+31%
Return On Equity--0.3070.3070%0.291+5%0.235+30%0.235+30%
Total Gains Per Share--18.05518.0550%-0.357+102%16.281+11%16.281+11%
Usd Book Value--167985600.000167985600.0000%129929040.000+29%139201380.000+21%139201380.000+21%
Usd Book Value Change Per Share--0.1570.1570%-0.004+103%0.173-9%0.173-9%
Usd Book Value Per Share--0.6920.6920%0.535+29%0.573+21%0.573+21%
Usd Dividend Per Share--0.0600.0600%-+100%0.022+167%0.022+167%
Usd Eps--0.2120.2120%0.156+36%0.138+54%0.138+54%
Usd Free Cash Flow--55840560.00055840560.0000%41850960.000+33%38076810.000+47%38076810.000+47%
Usd Free Cash Flow Per Share--0.2300.2300%0.172+33%0.157+47%0.157+47%
Usd Free Cash Flow To Equity Per Share--0.2300.2300%-0.030+113%0.068+238%0.068+238%
Usd Market Cap2705609144.678-23%3319387661.2613319387661.2610%2813588698.522+18%1533244089.946+116%1533244089.946+116%
Usd Price Per Share11.140-23%13.66713.6670%11.585+18%6.313+116%6.313+116%
Usd Profit--51492960.00051492960.0000%37789320.000+36%33406770.000+54%33406770.000+54%
Usd Revenue--162591600.000162591600.0000%124709760.000+30%116183430.000+40%116183430.000+40%
Usd Total Gains Per Share--0.2170.2170%-0.004+102%0.195+11%0.195+11%
 EOD+4 -4MRQTTM+0 -0YOY+34 -15Y+25 -1010Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Vedant Fashions Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1552.543
Price to Book Ratio (EOD)Between0-116.106
Net Profit Margin (MRQ)Greater than00.317
Operating Margin (MRQ)Greater than00.419
Quick Ratio (MRQ)Greater than12.794
Current Ratio (MRQ)Greater than13.373
Debt to Asset Ratio (MRQ)Less than10.354
Debt to Equity Ratio (MRQ)Less than10.547
Return on Equity (MRQ)Greater than0.150.307
Return on Assets (MRQ)Greater than0.050.198
Total8/10 (80.0%)

3.3. Technical Score

Let's check the technical score of Vedant Fashions Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.552
Ma 20Greater thanMa 50951.533
Ma 50Greater thanMa 100990.506
Ma 100Greater thanMa 2001,152.946
OpenGreater thanClose953.700
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets21,660,160
Total Liabilities7,661,360
Total Stockholder Equity13,998,800
 As reported
Total Liabilities 7,661,360
Total Stockholder Equity+ 13,998,800
Total Assets = 21,660,160

Assets

Total Assets21,660,160
Total Current Assets13,377,820
Long-term Assets8,282,340
Total Current Assets
Cash And Cash Equivalents 97,450
Short-term Investments 6,346,530
Net Receivables 4,734,430
Inventory 1,736,460
Other Current Assets 599,650
Total Current Assets  (as reported)13,377,820
Total Current Assets  (calculated)13,514,520
+/- 136,700
Long-term Assets
Property Plant Equipment 3,524,390
Goodwill 157,110
Intangible Assets 1,544,820
Other Assets 1,361,270
Long-term Assets  (as reported)8,282,340
Long-term Assets  (calculated)6,587,590
+/- 1,694,750

Liabilities & Shareholders' Equity

Total Current Liabilities3,966,660
Long-term Liabilities3,694,700
Total Stockholder Equity13,998,800
Total Current Liabilities
Accounts payable 858,820
Other Current Liabilities 2,010,340
Total Current Liabilities  (as reported)3,966,660
Total Current Liabilities  (calculated)2,869,160
+/- 1,097,500
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt2,933,810
Long-term Liabilities Other 439,710
Long-term Liabilities  (as reported)3,694,700
Long-term Liabilities  (calculated)3,373,520
+/- 321,180
Total Stockholder Equity
Retained Earnings 13,568,030
Other Stockholders Equity 92,280
Total Stockholder Equity (as reported)13,998,800
Total Stockholder Equity (calculated)13,660,310
+/- 338,490
Other
Capital Stock242,780
Common Stock Shares Outstanding 242,780
Net Invested Capital 13,998,800
Net Working Capital 9,411,160
Property Plant and Equipment Gross 3,524,390



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-31
> Total Assets 
15,915,530
16,256,530
17,697,570
21,660,160
21,660,16017,697,57016,256,53015,915,530
   > Total Current Assets 
9,314,809
9,751,290
10,339,950
13,377,820
13,377,82010,339,9509,751,2909,314,809
       Cash And Cash Equivalents 
88,660
66,100
36,090
97,450
97,45036,09066,10088,660
       Short-term Investments 
3,755,520
4,681,290
4,282,000
6,346,530
6,346,5304,282,0004,681,2903,755,520
       Net Receivables 
3,756,328
3,612,420
3,967,410
4,734,430
4,734,4303,967,4103,612,4203,756,328
       Inventory 
1,208,574
1,012,360
1,430,000
1,736,460
1,736,4601,430,0001,012,3601,208,574
       Other Current Assets 
541,513
420,660
614,470
599,650
599,650614,470420,660541,513
   > Long-term Assets 
6,600,730
6,505,240
7,357,620
8,282,340
8,282,3407,357,6206,505,2406,600,730
       Property Plant Equipment 
3,897,870
3,450,350
4,034,830
3,524,390
3,524,3904,034,8303,450,3503,897,870
       Goodwill 
157,110
157,110
157,110
157,110
157,110157,110157,110157,110
       Intangible Assets 
1,633,950
1,604,030
1,576,180
1,544,820
1,544,8201,576,1801,604,0301,633,950
       Other Assets 
1,071,388
1,112,020
1,207,040
1,361,270
1,361,2701,207,0401,112,0201,071,388
> Total Liabilities 
5,255,390
5,342,430
6,870,150
7,661,360
7,661,3606,870,1505,342,4305,255,390
   > Total Current Liabilities 
2,318,390
2,597,180
3,432,130
3,966,660
3,966,6603,432,1302,597,1802,318,390
       Accounts payable 
504,031
498,930
730,140
858,820
858,820730,140498,930504,031
       Other Current Liabilities 
1,022,544
1,269,080
1,648,230
2,010,340
2,010,3401,648,2301,269,0801,022,544
   > Long-term Liabilities 
2,937,010
2,745,250
3,438,020
3,694,700
3,694,7003,438,0202,745,2502,937,010
       Capital Lease Obligations Min Short Term Debt
2,427,470
2,103,740
2,787,000
2,933,810
2,933,8102,787,0002,103,7402,427,470
       Long-term Liabilities Other 
399,530
357,490
393,690
439,710
439,710393,690357,490399,530
> Total Stockholder Equity
10,660,140
10,914,100
10,827,420
13,998,800
13,998,80010,827,42010,914,10010,660,140
   Common Stock
250,455
247,870
242,700
0
0242,700247,870250,455
   Retained Earnings 
7,992,706
9,322,390
10,454,090
13,568,030
13,568,03010,454,0909,322,3907,992,706
   Capital Surplus 0000
   Treasury Stock0000
   Other Stockholders Equity 
33,708
44,970
58,570
92,280
92,28058,57044,97033,708



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 (+$)
totalRevenue13,549,300
Cost of Revenue-3,519,360
Gross Profit10,029,94010,029,940
 
Operating Income (+$)
Gross Profit10,029,940
Operating Expense-7,878,680
Operating Income5,670,6202,151,260
 
Operating Expense (+$)
Research Development0
Selling General Administrative888,700
Selling And Marketing Expenses0
Operating Expense7,878,680888,700
 
Net Interest Income (+$)
Interest Income88,620
Interest Expense-314,640
Other Finance Cost-88,620
Net Interest Income-314,640
 
Pretax Income (+$)
Operating Income5,670,620
Net Interest Income-314,640
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,758,3905,670,620
EBIT - interestExpense = 5,356,600
4,291,080
4,605,720
Interest Expense314,640
Earnings Before Interest and Taxes (EBIT)5,671,2406,073,030
Earnings Before Interest and Taxes (EBITDA)7,110,880
 
After tax Income (+$)
Income Before Tax5,758,390
Tax Provision-1,467,310
Net Income From Continuing Ops4,291,0804,291,080
Net Income4,291,080
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,540,880
Total Other Income/Expenses Net0314,640
 

Technical Analysis of Vedant Fashions Ltd
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 Vedant Fashions Ltd. The general trend of Vedant Fashions Ltd 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 Vedant Fashions Ltd'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 Vedant Fashions Ltd.

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: 932.45 < 988.45 < 1,049.

The bearish price targets are: 886.05.

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Vedant Fashions Ltd 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 Vedant Fashions Ltd. 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

Vedant Fashions Ltd 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 Vedant Fashions Ltd. The current macd is -24.8809089.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 Vedant Fashions Ltd price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Vedant Fashions Ltd. 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 Vedant Fashions Ltd 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 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
Vedant Fashions Ltd Daily Moving Average Convergence/Divergence (MACD) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current adx is 21.85.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Vedant Fashions Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Vedant Fashions Ltd 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 Vedant Fashions Ltd. The current sar is 887.43.

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
Vedant Fashions Ltd 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 Vedant Fashions Ltd. The current rsi is 42.55. 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
Vedant Fashions Ltd Daily Relative Strength Index (RSI) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Vedant Fashions Ltd price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Vedant Fashions Ltd Daily Stochastic Oscillator ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current cci is -34.21723603.

Vedant Fashions Ltd Daily Commodity Channel Index (CCI) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current cmo is -8.61012249.

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
Vedant Fashions Ltd Daily Chande Momentum Oscillator (CMO) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current willr is -58.69140625.

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

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Vedant Fashions Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Vedant Fashions Ltd Daily Williams %R ChartVedant Fashions Ltd 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 Vedant Fashions Ltd.

Vedant Fashions Ltd 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 Vedant Fashions Ltd. The current atr is 35.26.

Vedant Fashions Ltd Daily Average True Range (ATR) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current obv is -834,741.

Vedant Fashions Ltd Daily On-Balance Volume (OBV) ChartVedant Fashions Ltd 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 Vedant Fashions Ltd. The current mfi is 66.05.

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
Vedant Fashions Ltd Daily Money Flow Index (MFI) ChartVedant Fashions Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Vedant Fashions Ltd.

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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-08DMI 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal 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.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24DMI 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-01STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18DMI 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.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20DMI 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-12SAR 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
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-30STOCH 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
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
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.
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Vedant Fashions Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Vedant Fashions Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.552
Ma 20Greater thanMa 50951.533
Ma 50Greater thanMa 100990.506
Ma 100Greater thanMa 2001,152.946
OpenGreater thanClose953.700
Total1/5 (20.0%)
Penke

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