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Nandan Denim Limited
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PenkeI guess you are interested in Nandan Denim 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 Nandan Denim 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 Nandan Denim Limited (30 sec.)










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

How much money do you get?

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

What is your share worth?

Current worth
INR37.49
Expected worth in 1 year
INR37.86
How sure are you?
80.0%

+ What do you gain per year?

Total Gains per Share
INR0.38
Return On Investment
1.2%

For what price can you sell your share?

Current Price per Share
INR32.30
Expected price per share
INR30.65 - INR40.00
How sure are you?
50%

1. Valuation of Nandan Denim Limited (5 min.)




Live pricePrice per Share (EOD)

INR32.30

Intrinsic Value Per Share

INR9.45 - INR107.80

Total Value Per Share

INR46.94 - INR145.29

2. Growth of Nandan Denim Limited (5 min.)




Is Nandan Denim Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$64.8m$64.6m$163.2k0.3%

How much money is Nandan Denim Limited making?

Current yearPrevious yearGrowGrow %
Making money$96.4k$8.1m-$8m-8,324.5%
Net Profit Margin0.0%3.2%--

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

3. Financial Health of Nandan Denim Limited (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#152 / 299

Most Revenue
#52 / 299

Most Profit
#182 / 299

Most Efficient
#189 / 299

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

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

What can you expect buying and holding a share of Nandan Denim Limited?

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

Speculation

The Price per Share of Nandan Denim Limited is INR32.30. 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 Nandan Denim Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nandan Denim Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR37.49. Based on the TTM, the Book Value Change Per Share is INR0.09 per quarter. Based on the YOY, the Book Value Change Per Share is INR4.72 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nandan Denim Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.000.0%0.000.0%0.060.2%0.010.0%0.030.1%
Usd Book Value Change Per Share0.000.0%0.000.0%0.060.2%0.010.0%0.030.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.000.0%0.000.0%0.060.2%0.010.0%0.030.1%
Usd Price Per Share0.19-0.19-0.75-0.61-0.49-
Price to Earnings Ratio281.66-281.66-13.33-54.76-31.34-
Price-to-Total Gains Ratio166.31-166.31-13.30-44.13-25.25-
Price to Book Ratio0.42-0.42-1.68-1.46-1.35-
Price-to-Total Gains Ratio166.31-166.31-13.30-44.13-25.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.3876
Number of shares2579
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.01
Usd Total Gains Per Share0.000.01
Gains per Quarter (2579 shares)2.9230.14
Gains per Year (2579 shares)11.69120.57
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101228113111
20231416225232
30352624338353
40473832450474
50585040563595
60706248676716
70827456788837
80938664901958
90105987210141079
1001171108011261200

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%14.03.00.082.4%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%14.03.00.082.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%6.00.04.060.0%11.00.06.064.7%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%14.03.00.082.4%

Fundamentals of Nandan Denim Limited

About Nandan Denim Limited

Nandan Denim Limited engages in the manufacture and sale of denim and cotton fabrics, dyed yarns, shirting fabrics, and fibers in India. The company offers grey cotton fabrics, khakis, denims, and ready-to-wear garments. It manufactures a range of fabrics, such as weaves, colours, textile combinations, and weights. In addition, the company provides denim twills, stretch bull denim, and broken twills. It exports its products. The company was formerly known as Nandan Exim Limited and changed its name to Nandan Denim Limited in November 2013. Nandan Denim Limited was incorporated in 1994 and is based in Ahmedabad, India.

Fundamental data was last updated by Penke on 2024-03-11 07:53:03.

Financial Health

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

1.1. Profitability of Nandan Denim Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nandan Denim Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • A Net Profit Margin of 0.0% means that ₹0.00 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 0.0%. The company is not making a profit/loss.
  • The TTM is 0.0%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.0%TTM0.0%0.0%
TTM0.0%YOY3.2%-3.2%
TTM0.0%5Y0.6%-0.6%
5Y0.6%10Y2.5%-1.9%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0%2.2%-2.2%
TTM0.0%1.8%-1.8%
YOY3.2%3.7%-0.5%
5Y0.6%2.1%-1.5%
10Y2.5%2.5%+0.0%
1.1.2. Return on Assets

Shows how efficient Nandan Denim Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • 0.1% Return on Assets means that Nandan Denim Limited generated ₹0.00 profit for each $1 in assets.

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

  • The MRQ is 0.1%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY4.7%-4.6%
TTM0.1%5Y1.0%-0.9%
5Y1.0%10Y3.0%-2.0%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%0.6%-0.5%
TTM0.1%0.5%-0.4%
YOY4.7%1.1%+3.6%
5Y1.0%0.9%+0.1%
10Y3.0%0.9%+2.1%
1.1.3. Return on Equity

Shows how efficient Nandan Denim Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • 0.1% Return on Equity means Nandan Denim Limited generated ₹0.00 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 0.1%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.1%TTM0.1%0.0%
TTM0.1%YOY12.6%-12.4%
TTM0.1%5Y2.6%-2.5%
5Y2.6%10Y9.3%-6.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1%1.2%-1.1%
TTM0.1%1.2%-1.1%
YOY12.6%2.5%+10.1%
5Y2.6%1.8%+0.8%
10Y9.3%1.8%+7.5%

1.2. Operating Efficiency of Nandan Denim Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nandan Denim Limited is operating .

  • Measures how much profit Nandan Denim Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • An Operating Margin of 2.9% means the company generated ₹0.03  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 2.9%. The company is operating less efficient.
  • The TTM is 2.9%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ2.9%TTM2.9%0.0%
TTM2.9%YOY6.1%-3.2%
TTM2.9%5Y3.0%-0.1%
5Y3.0%10Y5.7%-2.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9%4.3%-1.4%
TTM2.9%2.0%+0.9%
YOY6.1%5.1%+1.0%
5Y3.0%4.2%-1.2%
10Y5.7%3.9%+1.8%
1.2.2. Operating Ratio

Measures how efficient Nandan Denim Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 0.98 means that the operating costs are ₹0.98 for each ₹1 in net sales.

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

  • The MRQ is 0.977. The company is less efficient in keeping operating costs low.
  • The TTM is 0.977. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.977TTM0.9770.000
TTM0.977YOY0.940+0.037
TTM0.9775Y0.971+0.006
5Y0.97110Y0.939+0.031
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9771.660-0.683
TTM0.9771.676-0.699
YOY0.9401.628-0.688
5Y0.9711.623-0.652
10Y0.9391.380-0.441

1.3. Liquidity of Nandan Denim Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nandan Denim Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 1.32 means the company has ₹1.32 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.323. The company is just able to pay all its short-term debts.
  • The TTM is 1.323. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.323TTM1.3230.000
TTM1.323YOY1.381-0.057
TTM1.3235Y1.392-0.068
5Y1.39210Y1.318+0.073
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3231.491-0.168
TTM1.3231.469-0.146
YOY1.3811.494-0.113
5Y1.3921.521-0.129
10Y1.3181.315+0.003
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • A Quick Ratio of 1.17 means the company can pay off ₹1.17 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 1.165. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.165. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.165TTM1.1650.000
TTM1.165YOY1.124+0.041
TTM1.1655Y1.039+0.126
5Y1.03910Y0.813+0.226
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1650.551+0.614
TTM1.1650.577+0.588
YOY1.1240.634+0.490
5Y1.0390.620+0.419
10Y0.8130.576+0.237

1.4. Solvency of Nandan Denim Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nandan Denim Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nandan Denim Limited to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.57 means that Nandan Denim Limited assets are financed with 57.4% credit (debt) and the remaining percentage (100% - 57.4%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.574. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.574. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.574TTM0.5740.000
TTM0.574YOY0.626-0.053
TTM0.5745Y0.602-0.028
5Y0.60210Y0.641-0.039
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5740.489+0.085
TTM0.5740.487+0.087
YOY0.6260.485+0.141
5Y0.6020.502+0.100
10Y0.6410.519+0.122
1.4.2. Debt to Equity Ratio

Measures if Nandan Denim Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 134.5% means that company has ₹1.35 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 1.345. The company is able to pay all its debts with equity. +1
  • The TTM is 1.345. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.345TTM1.3450.000
TTM1.345YOY1.677-0.332
TTM1.3455Y1.516-0.170
5Y1.51610Y1.836-0.320
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3450.870+0.475
TTM1.3450.903+0.442
YOY1.6770.905+0.772
5Y1.5160.997+0.519
10Y1.8361.163+0.673

2. Market Valuation of Nandan Denim 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 Nandan Denim Limited generates.

  • Above 15 is considered overpriced but always compare Nandan Denim Limited to the Textile Manufacturing industry mean.
  • A PE ratio of 281.66 means the investor is paying ₹281.66 for every ₹1 in earnings.

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

  • The EOD is 579.459. Based on the earnings, the company is expensive. -2
  • The MRQ is 281.657. Based on the earnings, the company is expensive. -2
  • The TTM is 281.657. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD579.459MRQ281.657+297.802
MRQ281.657TTM281.6570.000
TTM281.657YOY13.327+268.330
TTM281.6575Y54.758+226.899
5Y54.75810Y31.345+23.413
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD579.4597.682+571.777
MRQ281.6577.177+274.480
TTM281.6577.076+274.581
YOY13.3277.958+5.369
5Y54.75810.526+44.232
10Y31.34514.684+16.661
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 3.775. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.835. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.835. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.775MRQ1.835+1.940
MRQ1.835TTM1.8350.000
TTM1.835YOY18.488-16.653
TTM1.8355Y14.910-13.075
5Y14.91010Y17.569-2.659
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD3.7752.941+0.834
MRQ1.8352.200-0.365
TTM1.8351.322+0.513
YOY18.4881.143+17.345
5Y14.9100.616+14.294
10Y17.5691.196+16.373
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 0.42 means the investor is paying ₹0.42 for each ₹1 in book value.

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

  • The EOD is 0.862. Based on the equity, the company is cheap. +2
  • The MRQ is 0.419. Based on the equity, the company is cheap. +2
  • The TTM is 0.419. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.862MRQ0.419+0.443
MRQ0.419TTM0.4190.000
TTM0.419YOY1.677-1.258
TTM0.4195Y1.457-1.039
5Y1.45710Y1.350+0.107
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.8621.078-0.216
MRQ0.4191.067-0.648
TTM0.4191.017-0.598
YOY1.6771.121+0.556
5Y1.4571.035+0.422
10Y1.3501.265+0.085
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Nandan Denim 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--0.0940.0940%4.715-98%0.910-90%2.475-96%
Book Value Per Share--37.48737.4870%37.392+0%35.135+7%29.421+27%
Current Ratio--1.3231.3230%1.381-4%1.392-5%1.318+0%
Debt To Asset Ratio--0.5740.5740%0.626-8%0.602-5%0.641-11%
Debt To Equity Ratio--1.3451.3450%1.677-20%1.516-11%1.836-27%
Dividend Per Share----0%-0%0.064-100%0.348-100%
Eps--0.0560.0560%4.705-99%0.978-94%2.383-98%
Free Cash Flow Per Share--8.5558.5550%3.391+152%5.162+66%2.042+319%
Free Cash Flow To Equity Per Share---1.528-1.5280%1.015-251%-0.130-91%-0.134-91%
Gross Profit Margin---9.524-9.5240%0.744-1380%3.012-416%1.989-579%
Intrinsic Value_10Y_max--107.805--------
Intrinsic Value_10Y_min--9.451--------
Intrinsic Value_1Y_max--6.392--------
Intrinsic Value_1Y_min--1.784--------
Intrinsic Value_3Y_max--22.568--------
Intrinsic Value_3Y_min--4.668--------
Intrinsic Value_5Y_max--42.796--------
Intrinsic Value_5Y_min--6.769--------
Market Cap4655948358.400+51%2263110537.6002263110537.6000%9038027433.600-75%7350352390.656-69%5868806015.072-61%
Net Profit Margin--0.0000.0000%0.032-99%0.006-93%0.025-98%
Operating Margin--0.0290.0290%0.061-52%0.030-4%0.057-49%
Operating Ratio--0.9770.9770%0.940+4%0.971+1%0.939+4%
Pb Ratio0.862+51%0.4190.4190%1.677-75%1.457-71%1.350-69%
Pe Ratio579.459+51%281.657281.6570%13.327+2013%54.758+414%31.345+799%
Price Per Share32.300+51%15.70015.7000%62.700-75%50.992-69%40.714-61%
Price To Free Cash Flow Ratio3.775+51%1.8351.8350%18.488-90%14.910-88%17.569-90%
Price To Total Gains Ratio342.148+51%166.307166.3070%13.297+1151%44.130+277%25.255+559%
Quick Ratio--1.1651.1650%1.124+4%1.039+12%0.813+43%
Return On Assets--0.0010.0010%0.047-99%0.010-94%0.030-98%
Return On Equity--0.0010.0010%0.126-99%0.026-94%0.093-98%
Total Gains Per Share--0.0940.0940%4.715-98%0.974-90%2.823-97%
Usd Book Value--64842984.00064842984.0000%64679688.000+0%60775206.914+7%50892208.183+27%
Usd Book Value Change Per Share--0.0010.0010%0.057-98%0.011-90%0.030-96%
Usd Book Value Per Share--0.4500.4500%0.449+0%0.422+7%0.353+27%
Usd Dividend Per Share----0%-0%0.001-100%0.004-100%
Usd Eps--0.0010.0010%0.056-99%0.012-94%0.029-98%
Usd Free Cash Flow--14798988.00014798988.0000%5866176.000+152%8928921.149+66%3532658.876+319%
Usd Free Cash Flow Per Share--0.1030.1030%0.041+152%0.062+66%0.025+319%
Usd Free Cash Flow To Equity Per Share---0.018-0.0180%0.012-251%-0.002-91%-0.002-91%
Usd Market Cap55871380.301+51%27157326.45127157326.4510%108456329.203-75%88204228.688-69%70425672.181-61%
Usd Price Per Share0.388+51%0.1880.1880%0.752-75%0.612-69%0.489-61%
Usd Profit--96420.00096420.0000%8122872.000-99%1712311.601-94%3945654.052-98%
Usd Revenue--243211680.000243211680.0000%253573764.000-4%194686662.391+25%168654755.957+44%
Usd Total Gains Per Share--0.0010.0010%0.057-98%0.012-90%0.034-97%
 EOD+4 -4MRQTTM+0 -0YOY+13 -215Y+14 -2210Y+15 -21

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15579.459
Price to Book Ratio (EOD)Between0-10.862
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.029
Quick Ratio (MRQ)Greater than11.165
Current Ratio (MRQ)Greater than11.323
Debt to Asset Ratio (MRQ)Less than10.574
Debt to Equity Ratio (MRQ)Less than11.345
Return on Equity (MRQ)Greater than0.150.001
Return on Assets (MRQ)Greater than0.050.001
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.677
Ma 20Greater thanMa 5034.685
Ma 50Greater thanMa 10033.484
Ma 100Greater thanMa 20030.448
OpenGreater thanClose32.700
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets12,674,057
Total Liabilities7,270,475
Total Stockholder Equity5,403,582
 As reported
Total Liabilities 7,270,475
Total Stockholder Equity+ 5,403,582
Total Assets = 12,674,057

Assets

Total Assets12,674,057
Total Current Assets7,196,386
Long-term Assets5,477,671
Total Current Assets
Cash And Cash Equivalents 31,738
Short-term Investments 1,370,174
Net Receivables 3,563,739
Inventory 2,073,167
Other Current Assets 157,568
Total Current Assets  (as reported)7,196,386
Total Current Assets  (calculated)7,196,386
+/-0
Long-term Assets
Property Plant Equipment 5,395,824
Intangible Assets 192
Other Assets 36,186
Long-term Assets  (as reported)5,477,671
Long-term Assets  (calculated)5,432,202
+/- 45,469

Liabilities & Shareholders' Equity

Total Current Liabilities5,438,147
Long-term Liabilities1,832,328
Total Stockholder Equity5,403,582
Total Current Liabilities
Short-term Debt 3,020,574
Short Long Term Debt 3,020,574
Accounts payable 1,832,182
Other Current Liabilities 60,522
Total Current Liabilities  (as reported)5,438,147
Total Current Liabilities  (calculated)7,933,852
+/- 2,495,705
Long-term Liabilities
Long term Debt Total 1,630,079
Other Liabilities 202,248
Long-term Liabilities  (as reported)1,832,328
Long-term Liabilities  (calculated)1,832,327
+/- 1
Total Stockholder Equity
Common Stock1,441,472
Retained Earnings 3,886,569
Accumulated Other Comprehensive Income 75,540
Other Stockholders Equity 1
Total Stockholder Equity (as reported)5,403,582
Total Stockholder Equity (calculated)5,403,582
+/-0
Other
Capital Stock1,441,472
Cash And Equivalents243,949
Cash and Short Term Investments 1,401,912
Common Stock Shares Outstanding 144,147
Current Deferred Revenue524,869
Liabilities and Stockholders Equity 12,674,057
Net Debt 4,616,911
Net Invested Capital 10,052,231
Net Tangible Assets 5,403,391
Net Working Capital 1,758,239
Property Plant and Equipment Gross 5,395,824
Short Long Term Debt Total 4,648,649



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 
3,041,934
4,365,611
4,458,037
4,903,282
4,937,656
5,259,698
6,774,381
7,917,030
8,598,770
10,177,303
12,453,924
13,452,997
12,637,947
12,126,091
11,832,169
14,429,141
12,674,057
12,674,05714,429,14111,832,16912,126,09112,637,94713,452,99712,453,92410,177,3038,598,7707,917,0306,774,3815,259,6984,937,6564,903,2824,458,0374,365,6113,041,934
   > Total Current Assets 
1,381,117
2,145,169
1,953,052
2,242,051
2,093,822
2,001,117
2,643,874
3,228,627
3,875,705
4,286,226
4,648,007
6,036,073
6,080,451
6,208,244
6,642,122
8,744,001
7,196,386
7,196,3868,744,0016,642,1226,208,2446,080,4516,036,0734,648,0074,286,2263,875,7053,228,6272,643,8742,001,1172,093,8222,242,0511,953,0522,145,1691,381,117
       Cash And Cash Equivalents 
139,990
210,660
25,935
48,337
77,985
155,015
199,282
260,727
601,028
649,024
685,427
176,561
30,109
155,374
169,282
286,487
31,738
31,738286,487169,282155,37430,109176,561685,427649,024601,028260,727199,282155,01577,98548,33725,935210,660139,990
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
4,256
-1,505
8,371
100,103
1,247,758
1,186,718
1,370,174
1,370,1741,186,7181,247,758100,1038,371-1,5054,2560000000000
       Net Receivables 
0
0
0
0
0
0
0
1,218,990
1,476,401
1,222,416
1,357,917
2,726,128
3,065,972
4,111,780
4,038,088
5,646,218
3,563,739
3,563,7395,646,2184,038,0884,111,7803,065,9722,726,1281,357,9171,222,4161,476,4011,218,9900000000
       Inventory 
330,618
630,195
467,115
680,273
1,213,164
984,155
1,197,609
1,385,042
1,409,344
1,951,064
2,162,169
2,475,006
2,171,040
1,631,141
2,054,772
2,435,567
2,073,167
2,073,1672,435,5672,054,7721,631,1412,171,0402,475,0062,162,1691,951,0641,409,3441,385,0421,197,609984,1551,213,164680,273467,115630,195330,618
       Other Current Assets 
910,509
1,304,313
1,460,002
1,513,441
802,673
861,947
1,246,983
1,582,858
1,865,332
1,686,139
1,800,411
3,386,012
813,330
4,421,729
379,980
375,729
157,568
157,568375,729379,9804,421,729813,3303,386,0121,800,4111,686,1391,865,3321,582,8581,246,983861,947802,6731,513,4411,460,0021,304,313910,509
   > Long-term Assets 
1,660,817
2,220,442
2,504,985
2,661,230
2,843,834
3,258,581
4,130,508
4,688,403
4,723,065
5,891,077
7,805,917
7,416,923
6,557,496
5,917,844
5,190,014
5,685,137
5,477,671
5,477,6715,685,1375,190,0145,917,8446,557,4967,416,9237,805,9175,891,0774,723,0654,688,4034,130,5083,258,5812,843,8342,661,2302,504,9852,220,4421,660,817
       Property Plant Equipment 
1,598,402
2,186,829
2,471,371
2,627,167
2,809,771
3,053,883
3,948,787
4,521,469
4,471,551
5,700,747
7,683,505
7,385,997
6,514,860
5,867,891
5,156,576
5,599,484
5,395,824
5,395,8245,599,4845,156,5765,867,8916,514,8607,385,9977,683,5055,700,7474,471,5514,521,4693,948,7873,053,8832,809,7712,627,1672,471,3712,186,8291,598,402
       Long Term Investments 
0
0
0
0
0
0
0
41,636
73,497
73,232
18,808
20,810
23,556
0
0
0
0
000023,55620,81018,80873,23273,49741,6360000000
       Intangible Assets 
0
0
0
0
0
0
0
2,015
2,747
1,544
7,784
7,823
4,849
1,572
707
384
192
1923847071,5724,8497,8237,7841,5442,7472,0150000000
       Long-term Assets Other 
62,416
33,614
33,614
34,064
34,064
204,698
181,721
166,935
251,515
190,330
122,412
23,103
37,787
-109,056
125,542
195,105
36,186
36,186195,105125,542-109,05637,78723,103122,412190,330251,515166,935181,721204,69834,06434,06433,61433,61462,416
> Total Liabilities 
2,379,652
3,190,983
3,292,918
3,622,403
3,483,324
3,670,371
4,938,470
5,751,968
6,009,939
6,792,965
8,252,915
8,705,066
7,722,334
7,222,514
7,121,912
9,039,167
7,270,475
7,270,4759,039,1677,121,9127,222,5147,722,3348,705,0668,252,9156,792,9656,009,9395,751,9684,938,4703,670,3713,483,3243,622,4033,292,9183,190,9832,379,652
   > Total Current Liabilities 
259,849
328,991
457,692
786,817
667,804
1,889,215
2,112,199
2,729,215
2,984,008
3,381,616
3,824,713
4,783,103
4,458,209
4,433,727
4,457,071
6,332,934
5,438,147
5,438,1476,332,9344,457,0714,433,7274,458,2094,783,1033,824,7133,381,6162,984,0082,729,2152,112,1991,889,215667,804786,817457,692328,991259,849
       Short-term Debt 
0
0
0
0
0
963,311
1,003,890
1,078,315
1,451,486
1,462,072
2,156,597
2,684,034
2,991,158
2,581,932
2,900,745
3,053,372
3,020,574
3,020,5743,053,3722,900,7452,581,9322,991,1582,684,0342,156,5971,462,0721,451,4861,078,3151,003,890963,31100000
       Short Long Term Debt 
0
0
0
0
0
0
0
4,516,998
479,891
653,699
2,156,597
2,684,034
2,991,158
2,581,932
2,036,051
3,053,372
3,020,574
3,020,5743,053,3722,036,0512,581,9322,991,1582,684,0342,156,597653,699479,8914,516,9980000000
       Accounts payable 
0
0
0
0
0
344,735
458,043
576,354
683,042
844,768
128,334
1,661,130
1,089,126
1,312,092
1,196,865
2,621,535
1,832,182
1,832,1822,621,5351,196,8651,312,0921,089,1261,661,130128,334844,768683,042576,354458,043344,73500000
       Other Current Liabilities 
259,849
328,991
457,692
786,817
667,804
581,169
650,266
1,074,546
849,480
1,074,776
1,539,782
406,349
12,142
454,990
48,638
59,868
60,522
60,52259,86848,638454,99012,142406,3491,539,7821,074,776849,4801,074,546650,266581,169667,804786,817457,692328,991259,849
   > Long-term Liabilities 
2,119,803
2,861,992
2,835,225
2,835,586
2,815,520
1,781,156
2,826,271
3,022,753
3,025,931
3,411,349
4,428,201
3,921,963
3,264,124
2,788,787
2,664,841
2,706,233
1,832,328
1,832,3282,706,2332,664,8412,788,7873,264,1243,921,9634,428,2013,411,3493,025,9313,022,7532,826,2711,781,1562,815,5202,835,5862,835,2252,861,9922,119,803
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
3,182,425
4,220,433
3,718,790
3,041,862
2,634,371
2,622,524
2,528,823
1,630,079
1,630,0792,528,8232,622,5242,634,3713,041,8623,718,7904,220,4333,182,425000000000
       Other Liabilities 
0
0
0
0
0
0
0
215,707
248,728
228,923
207,768
203,173
222,263
152,487
40,390
174,903
202,248
202,248174,90340,390152,487222,263203,173207,768228,923248,728215,7070000000
> Total Stockholder Equity
662,283
1,174,628
1,165,119
1,280,878
1,454,332
1,589,328
1,835,912
2,165,062
2,588,831
3,384,338
4,201,009
4,747,931
4,915,613
4,903,577
4,710,257
5,389,974
5,403,582
5,403,5825,389,9744,710,2574,903,5774,915,6134,747,9314,201,0093,384,3382,588,8312,165,0621,835,9121,589,3281,454,3321,280,8781,165,1191,174,628662,283
   Common Stock
303,660
455,491
455,491
455,491
455,491
455,491
455,491
455,491
455,491
455,491
480,491
480,491
480,491
480,491
480,491
1,441,472
1,441,472
1,441,4721,441,472480,491480,491480,491480,491480,491455,491455,491455,491455,491455,491455,491455,491455,491455,491303,660
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-154,039
-316,870
-536,627
-750,257
-1,003,626
-1,320,904
-1,726,021
-2,164,585
-2,761,144
-3,419,921
-4,278,865
-2,060,811
-3,100,507
-3,840,797
75,540
75,540
75,540
75,54075,54075,540-3,840,797-3,100,507-2,060,811-4,278,865-3,419,921-2,761,144-2,164,585-1,726,021-1,320,904-1,003,626-750,257-536,627-316,870-154,039
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
837,833
837,833
837,833
837,834
837,833
0
0
00837,833837,834837,833837,833837,8330000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
512,662
1,036,008
1,246,255
1,575,645
1,397,272
2,454,741
3,106,442
3,874,156
4,894,484
4,108,294
5,192,238
2,974,184
4,013,880
4,754,170
837,833
75,540
1
175,540837,8334,754,1704,013,8802,974,1845,192,2384,108,2944,894,4843,874,1563,106,4422,454,7411,397,2721,575,6451,246,2551,036,008512,662



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 (+$)
totalRevenue20,267,640
Cost of Revenue-16,577,251
Gross Profit3,690,3893,690,389
 
Operating Income (+$)
Gross Profit3,690,389
Operating Expense-3,218,618
Operating Income587,921471,771
 
Operating Expense (+$)
Research Development0
Selling General Administrative53,050
Selling And Marketing Expenses84,563
Operating Expense3,218,618137,613
 
Net Interest Income (+$)
Interest Income533,756
Interest Expense-533,756
Other Finance Cost-533,756
Net Interest Income-533,756
 
Pretax Income (+$)
Operating Income587,921
Net Interest Income-533,756
Other Non-Operating Income Expenses0
Income Before Tax (EBT)54,1651,121,677
EBIT - interestExpense = 54,165
54,165
541,791
Interest Expense533,756
Earnings Before Interest and Taxes (EBIT)587,921587,921
Earnings Before Interest and Taxes (EBITDA)959,773
 
After tax Income (+$)
Income Before Tax54,165
Tax Provision-46,130
Net Income From Continuing Ops8,0358,035
Net Income8,035
Net Income Applicable To Common Shares8,035
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses19,795,869
Total Other Income/Expenses Net-533,756533,756
 

Technical Analysis of Nandan Denim Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nandan Denim Limited. The general trend of Nandan Denim Limited is BULLISH with 57.1% 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 Nandan Denim Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
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 Nandan Denim Limited.

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

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

The bullish price targets are: 38.90 < 39.35 < 40.00.

The bearish price targets are: 30.80 > 30.80 > 30.65.

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Nandan Denim 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 Nandan Denim Limited. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

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

Directionalities and relatives.

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

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

Nandan Denim 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 Nandan Denim Limited. The current macd is -0.40596074.

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 Nandan Denim Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nandan Denim Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nandan Denim Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Nandan Denim Limited Daily Moving Average Convergence/Divergence (MACD) ChartNandan Denim 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 Nandan Denim Limited. The current adx is 14.52.

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 Nandan Denim Limited 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.
Nandan Denim 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 Nandan Denim Limited. The current sar is 31.22.

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
Nandan Denim 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 Nandan Denim Limited. The current rsi is 42.68. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending up: The RSI is trending up. +1
Nandan Denim Limited Daily Relative Strength Index (RSI) ChartNandan Denim 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 Nandan Denim Limited. The current phase is Oversold in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 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 Nandan Denim Limited price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
Nandan Denim Limited Daily Stochastic Oscillator ChartNandan Denim 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 Nandan Denim Limited. The current cci is -97.01252811.

Nandan Denim Limited Daily Commodity Channel Index (CCI) ChartNandan Denim 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 Nandan Denim Limited. The current cmo is -23.2992248.

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
Nandan Denim Limited Daily Chande Momentum Oscillator (CMO) ChartNandan Denim 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 Nandan Denim Limited. The current willr is -81.48148148.

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
Nandan Denim Limited Daily Williams %R ChartNandan Denim 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 Nandan Denim Limited.

Nandan Denim 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 Nandan Denim Limited. The current atr is 1.91466018.

Nandan Denim Limited Daily Average True Range (ATR) ChartNandan Denim 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 Nandan Denim Limited. The current obv is 17,454,890.

Nandan Denim Limited Daily On-Balance Volume (OBV) ChartNandan Denim 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 Nandan Denim Limited. The current mfi is 61.07.

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
Nandan Denim Limited Daily Money Flow Index (MFI) ChartNandan Denim Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Nandan Denim Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5042.677
Ma 20Greater thanMa 5034.685
Ma 50Greater thanMa 10033.484
Ma 100Greater thanMa 20030.448
OpenGreater thanClose32.700
Total4/5 (80.0%)
Penke

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