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NRB Industrial Bearings Limited
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Let's analyse NRB Industrial Bearings Limited together

PenkeI guess you are interested in NRB Industrial Bearings 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 NRB Industrial Bearings 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 NRB Industrial Bearings Limited (30 sec.)










What can you expect buying and holding a share of NRB Industrial Bearings Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR-7.48
Expected worth in 1 year
INR-22.28
How sure are you?
27.3%

+ What do you gain per year?

Total Gains per Share
INR-14.80
Return On Investment
-44.5%

For what price can you sell your share?

Current Price per Share
INR33.25
Expected price per share
INR25.75 - INR40.65
How sure are you?
50%

1. Valuation of NRB Industrial Bearings Limited (5 min.)




Live pricePrice per Share (EOD)

INR33.25

Intrinsic Value Per Share

INR-14.83 - INR23.87

Total Value Per Share

INR-22.31 - INR16.39

2. Growth of NRB Industrial Bearings Limited (5 min.)




Is NRB Industrial Bearings Limited growing?

Current yearPrevious yearGrowGrow %
How rich?-$2.1m-$1m-$1m-49.5%

How much money is NRB Industrial Bearings Limited making?

Current yearPrevious yearGrowGrow %
Making money-$1.5m-$2.1m$571.9k37.0%
Net Profit Margin-16.0%-25.9%--

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

3. Financial Health of NRB Industrial Bearings Limited (5 min.)




4. Comparing to competitors in the Tools & Accessories industry (5 min.)




  Industry Rankings (Tools & Accessories)  


Richest
#97 / 97

Most Revenue
#87 / 97

Most Profit
#89 / 97

What can you expect buying and holding a share of NRB Industrial Bearings Limited? (5 min.)

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

What can you expect buying and holding a share of NRB Industrial Bearings Limited?

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

Speculation

The Price per Share of NRB Industrial Bearings Limited is INR33.25. 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 NRB Industrial Bearings 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 NRB Industrial Bearings 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 INR-7.48. Based on the TTM, the Book Value Change Per Share is INR-3.70 per quarter. Based on the YOY, the Book Value Change Per Share is INR-4.23 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 NRB Industrial Bearings 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 Eps-0.06-0.2%-0.06-0.2%-0.05-0.2%-0.05-0.2%-0.07-0.2%
Usd Book Value Change Per Share-0.04-0.1%-0.04-0.1%-0.05-0.2%-0.02-0.1%-0.010.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.04-0.1%-0.04-0.1%-0.05-0.2%-0.02-0.1%-0.010.0%
Usd Price Per Share0.19-0.19-0.32-0.21-0.30-
Price to Earnings Ratio-3.02--3.02--6.48--0.42--2.29-
Price-to-Total Gains Ratio-4.34--4.34--6.38--3.34--5.60-
Price to Book Ratio-2.15--2.15--7.14--0.76-9.76-
Price-to-Total Gains Ratio-4.34--4.34--6.38--3.34--5.60-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.399
Number of shares2506
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.04-0.02
Usd Total Gains Per Share-0.04-0.02
Gains per Quarter (2506 shares)-111.26-53.74
Gains per Year (2506 shares)-445.05-214.95
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-445-4550-215-225
20-890-9000-430-440
30-1335-13450-645-655
40-1780-17900-860-870
50-2225-22350-1075-1085
60-2670-26800-1290-1300
70-3115-31250-1505-1515
80-3560-35700-1720-1730
90-4005-40150-1935-1945
100-4451-44600-2149-2160

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 Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%1.09.01.09.1%1.09.03.07.7%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.08.00.027.3%4.09.00.030.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.011.00.0%0.00.013.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%3.08.00.027.3%4.09.00.030.8%

Fundamentals of NRB Industrial Bearings Limited

About NRB Industrial Bearings Limited

NRB Industrial Bearings Limited manufactures and sells ball and roller bearings for industrial applications in India and internationally. The company offers deep groove ball bearings, cam followers, needle and bottom roller bearings; full complement needle roller bearings; needle and roller thrust bearings; needle bushes; magneto bearings; wide inner ring ball bearings and housed units; super precision bearings; tapper roller bearings; combined bearings; needle cages; inner rings; CP washer; and rollers, needles, and balls. It serves textile, renewable, power generation, paper and pulp, oil and gas, mining and mineral processing, metals, medical, material handling, machine tool, industrial transmission and electrical, food and beverage, fluid machinery, and factory automation industries. The company was incorporated in 2011 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-11 10:29:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its debts by selling its assets.

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 underpriced.

1.1. Profitability of NRB Industrial Bearings Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit NRB Industrial Bearings Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • A Net Profit Margin of -16.0% means that ₹-0.16 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NRB Industrial Bearings Limited:

  • The MRQ is -16.0%. The company is making a huge loss. -2
  • The TTM is -16.0%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-16.0%TTM-16.0%0.0%
TTM-16.0%YOY-25.9%+9.9%
TTM-16.0%5Y-22.9%+6.9%
5Y-22.9%10Y-32.6%+9.7%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-16.0%5.8%-21.8%
TTM-16.0%6.2%-22.2%
YOY-25.9%8.1%-34.0%
5Y-22.9%6.9%-29.8%
10Y-32.6%7.6%-40.2%
1.1.2. Return on Assets

Shows how efficient NRB Industrial Bearings Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • -10.9% Return on Assets means that NRB Industrial Bearings Limited generated ₹-0.11 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NRB Industrial Bearings Limited:

  • The MRQ is -10.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -10.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-10.9%TTM-10.9%0.0%
TTM-10.9%YOY-14.2%+3.3%
TTM-10.9%5Y-9.8%-1.1%
5Y-9.8%10Y-9.9%+0.2%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.9%1.3%-12.2%
TTM-10.9%1.5%-12.4%
YOY-14.2%1.5%-15.7%
5Y-9.8%1.5%-11.3%
10Y-9.9%1.5%-11.4%
1.1.3. Return on Equity

Shows how efficient NRB Industrial Bearings Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • 0.0% Return on Equity means NRB Industrial Bearings Limited generated ₹0.00 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NRB Industrial Bearings Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y183.3%-183.3%
5Y183.3%10Y-135.9%+319.2%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.3%-2.3%
TTM-2.6%-2.6%
YOY-3.0%-3.0%
5Y183.3%2.9%+180.4%
10Y-135.9%2.9%-138.8%

1.2. Operating Efficiency of NRB Industrial Bearings Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient NRB Industrial Bearings Limited is operating .

  • Measures how much profit NRB Industrial Bearings 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 NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • An Operating Margin of -4.3% means the company generated ₹-0.04  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NRB Industrial Bearings Limited:

  • The MRQ is -4.3%. The company is operating very inefficient. -2
  • The TTM is -4.3%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-4.3%TTM-4.3%0.0%
TTM-4.3%YOY-3.1%-1.2%
TTM-4.3%5Y-9.9%+5.6%
5Y-9.9%10Y-19.2%+9.3%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.3%8.8%-13.1%
TTM-4.3%4.6%-8.9%
YOY-3.1%8.9%-12.0%
5Y-9.9%9.1%-19.0%
10Y-19.2%8.0%-27.2%
1.2.2. Operating Ratio

Measures how efficient NRB Industrial Bearings Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 1.07 means that the operating costs are ₹1.07 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of NRB Industrial Bearings Limited:

  • The MRQ is 1.066. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.066. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.066TTM1.0660.000
TTM1.066YOY1.041+0.025
TTM1.0665Y1.116-0.050
5Y1.11610Y1.227-0.111
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0661.559-0.493
TTM1.0661.555-0.489
YOY1.0411.524-0.483
5Y1.1161.533-0.417
10Y1.2271.270-0.043

1.3. Liquidity of NRB Industrial Bearings Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if NRB Industrial Bearings Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 0.61 means the company has ₹0.61 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of NRB Industrial Bearings Limited:

  • The MRQ is 0.608. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.608. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.608TTM0.6080.000
TTM0.608YOY0.582+0.026
TTM0.6085Y0.498+0.109
5Y0.49810Y0.385+0.114
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6082.171-1.563
TTM0.6082.218-1.610
YOY0.5822.021-1.439
5Y0.4982.196-1.698
10Y0.3851.953-1.568
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • A Quick Ratio of 0.27 means the company can pay off ₹0.27 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NRB Industrial Bearings Limited:

  • The MRQ is 0.266. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.266. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.266TTM0.2660.000
TTM0.266YOY0.307-0.040
TTM0.2665Y0.221+0.045
5Y0.22110Y0.185+0.036
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2660.855-0.589
TTM0.2660.847-0.581
YOY0.3070.829-0.522
5Y0.2210.971-0.750
10Y0.1850.953-0.768

1.4. Solvency of NRB Industrial Bearings Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of NRB Industrial Bearings Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare NRB Industrial Bearings Limited to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 1.15 means that NRB Industrial Bearings Limited assets are financed with 115.3% credit (debt) and the remaining percentage (100% - 115.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of NRB Industrial Bearings Limited:

  • The MRQ is 1.153. The company is just not able to pay all its debts by selling its assets. -1
  • The TTM is 1.153. The company is just not able to pay all its debts by selling its assets. -1
Trends
Current periodCompared to+/- 
MRQ1.153TTM1.1530.000
TTM1.153YOY1.074+0.079
TTM1.1535Y1.051+0.101
5Y1.05110Y0.973+0.079
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1530.429+0.724
TTM1.1530.442+0.711
YOY1.0740.452+0.622
5Y1.0510.429+0.622
10Y0.9730.418+0.555
1.4.2. Debt to Equity Ratio

Measures if NRB Industrial Bearings Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 0.0% means that company has ₹0.00 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NRB Industrial Bearings Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y23.436-23.436
5Y23.43610Y28.912-5.477
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.784-0.784
TTM-0.821-0.821
YOY-0.834-0.834
5Y23.4360.796+22.640
10Y28.9120.808+28.104

2. Market Valuation of NRB Industrial Bearings 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 NRB Industrial Bearings Limited generates.

  • Above 15 is considered overpriced but always compare NRB Industrial Bearings Limited to the Tools & Accessories industry mean.
  • A PE ratio of -3.02 means the investor is paying ₹-3.02 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NRB Industrial Bearings Limited:

  • The EOD is -6.250. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.017. Based on the earnings, the company is expensive. -2
  • The TTM is -3.017. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-6.250MRQ-3.017-3.233
MRQ-3.017TTM-3.0170.000
TTM-3.017YOY-6.480+3.463
TTM-3.0175Y-0.417-2.600
5Y-0.41710Y-2.286+1.869
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-6.25017.378-23.628
MRQ-3.01716.205-19.222
TTM-3.01715.914-18.931
YOY-6.48016.932-23.412
5Y-0.41721.566-21.983
10Y-2.28623.040-25.326
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 34.178. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 16.498. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 16.498. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD34.178MRQ16.498+17.680
MRQ16.498TTM16.4980.000
TTM16.498YOY-20.784+37.281
TTM16.4985Y6.604+9.893
5Y6.60410Y1.338+5.266
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD34.1787.599+26.579
MRQ16.4988.212+8.286
TTM16.4986.512+9.986
YOY-20.7843.403-24.187
5Y6.6044.131+2.473
10Y1.3383.114-1.776
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of NRB Industrial Bearings Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of -2.15 means the investor is paying ₹-2.15 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of NRB Industrial Bearings Limited:

  • The EOD is -4.445. Based on the equity, the company is expensive. -2
  • The MRQ is -2.146. Based on the equity, the company is expensive. -2
  • The TTM is -2.146. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.445MRQ-2.146-2.299
MRQ-2.146TTM-2.1460.000
TTM-2.146YOY-7.141+4.996
TTM-2.1465Y-0.765-1.381
5Y-0.76510Y9.759-10.524
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD-4.4451.822-6.267
MRQ-2.1461.886-4.032
TTM-2.1461.825-3.971
YOY-7.1411.813-8.954
5Y-0.7652.003-2.768
10Y9.7592.453+7.306
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NRB Industrial Bearings 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---3.700-3.7000%-4.229+14%-1.787-52%-0.681-82%
Book Value Per Share---7.481-7.4810%-3.781-49%-2.582-65%2.345-419%
Current Ratio--0.6080.6080%0.582+4%0.498+22%0.385+58%
Debt To Asset Ratio--1.1531.1530%1.074+7%1.051+10%0.973+18%
Debt To Equity Ratio----0%-0%23.436-100%28.912-100%
Dividend Per Share----0%-0%-0%-0%
Eps---5.320-5.3200%-4.166-22%-4.302-19%-5.576+5%
Free Cash Flow Per Share--0.9730.9730%-1.299+234%0.622+56%-2.009+307%
Free Cash Flow To Equity Per Share---2.189-2.1890%0.592-470%0.031-7069%-1.439-34%
Gross Profit Margin--1.0771.0770%1.036+4%1.031+4%0.931+16%
Intrinsic Value_10Y_max--23.874--------
Intrinsic Value_10Y_min---14.827--------
Intrinsic Value_1Y_max--1.006--------
Intrinsic Value_1Y_min---1.896--------
Intrinsic Value_3Y_max--4.080--------
Intrinsic Value_3Y_min---5.376--------
Intrinsic Value_5Y_max--8.427--------
Intrinsic Value_5Y_min---8.476--------
Market Cap805667450.000+52%388901130.000388901130.0000%654227550.000-41%424278521.000-8%600589413.409-35%
Net Profit Margin---0.160-0.1600%-0.259+62%-0.229+43%-0.326+104%
Operating Margin---0.043-0.0430%-0.031-28%-0.099+131%-0.192+348%
Operating Ratio--1.0661.0660%1.041+2%1.116-5%1.227-13%
Pb Ratio-4.445-107%-2.146-2.1460%-7.141+233%-0.765-64%9.759-122%
Pe Ratio-6.250-107%-3.017-3.0170%-6.480+115%-0.417-86%-2.286-24%
Price Per Share33.250+52%16.05016.0500%27.000-41%17.510-8%24.786-35%
Price To Free Cash Flow Ratio34.178+52%16.49816.4980%-20.784+226%6.604+150%1.338+1133%
Price To Total Gains Ratio-8.987-107%-4.338-4.3380%-6.385+47%-3.342-23%-5.601+29%
Quick Ratio--0.2660.2660%0.307-13%0.221+20%0.185+44%
Return On Assets---0.109-0.1090%-0.142+31%-0.098-10%-0.099-8%
Return On Equity----0%-0%1.833-100%-1.3590%
Total Gains Per Share---3.700-3.7000%-4.229+14%-1.787-52%-0.681-82%
Usd Book Value---2175120.000-2175120.0000%-1099320.000-49%-750729.600-65%681732.000-419%
Usd Book Value Change Per Share---0.044-0.0440%-0.051+14%-0.021-52%-0.008-82%
Usd Book Value Per Share---0.090-0.0900%-0.045-49%-0.031-65%0.028-419%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.064-0.0640%-0.050-22%-0.052-19%-0.067+5%
Usd Free Cash Flow--282876.000282876.0000%-377736.000+234%180964.800+56%-531094.473+288%
Usd Free Cash Flow Per Share--0.0120.0120%-0.016+234%0.007+56%-0.024+307%
Usd Free Cash Flow To Equity Per Share---0.026-0.0260%0.007-470%0.000-7069%-0.017-34%
Usd Market Cap9668009.400+52%4666813.5604666813.5600%7850730.600-41%5091342.252-8%7207072.961-35%
Usd Price Per Share0.399+52%0.1930.1930%0.324-41%0.210-8%0.297-35%
Usd Profit---1546800.000-1546800.0000%-2118744.000+37%-1470115.200-5%-1662109.091+7%
Usd Revenue--9687288.0009687288.0000%8175684.000+18%7223678.400+34%5677265.455+71%
Usd Total Gains Per Share---0.044-0.0440%-0.051+14%-0.021-52%-0.008-82%
 EOD+5 -3MRQTTM+0 -0YOY+15 -175Y+14 -2010Y+18 -15

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-6.250
Price to Book Ratio (EOD)Between0-1-4.445
Net Profit Margin (MRQ)Greater than0-0.160
Operating Margin (MRQ)Greater than0-0.043
Quick Ratio (MRQ)Greater than10.266
Current Ratio (MRQ)Greater than10.608
Debt to Asset Ratio (MRQ)Less than11.153
Debt to Equity Ratio (MRQ)Less than10.000
Return on Equity (MRQ)Greater than0.150.000
Return on Assets (MRQ)Greater than0.05-0.109
Total1/10 (10.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.145
Ma 20Greater thanMa 5031.740
Ma 50Greater thanMa 10035.141
Ma 100Greater thanMa 20036.981
OpenGreater thanClose35.000
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Other Assets  98,521-76,85121,6701,71123,38180524,186-24,187-1



Latest Balance Sheet

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

Summary
Total Assets1,187,872
Total Liabilities1,369,132
Total Stockholder Equity-181,260
 As reported
Total Liabilities 1,369,132
Total Stockholder Equity+ -181,260
Total Assets = 1,187,872

Assets

Total Assets1,187,872
Total Current Assets467,521
Long-term Assets720,352
Total Current Assets
Cash And Cash Equivalents 1,646
Short-term Investments 7,110
Net Receivables 189,094
Inventory 249,606
Other Current Assets 20,065
Total Current Assets  (as reported)467,521
Total Current Assets  (calculated)467,521
+/-0
Long-term Assets
Property Plant Equipment 675,312
Long-term Assets Other 42,474
Long-term Assets  (as reported)720,352
Long-term Assets  (calculated)717,786
+/- 2,566

Liabilities & Shareholders' Equity

Total Current Liabilities769,254
Long-term Liabilities599,878
Total Stockholder Equity-181,260
Total Current Liabilities
Short-term Debt 532,452
Short Long Term Debt 532,452
Accounts payable 223,976
Other Current Liabilities 8,711
Total Current Liabilities  (as reported)769,254
Total Current Liabilities  (calculated)1,297,591
+/- 528,337
Long-term Liabilities
Long term Debt Total 587,063
Long-term Liabilities  (as reported)599,878
Long-term Liabilities  (calculated)587,063
+/- 12,815
Total Stockholder Equity
Common Stock48,461
Retained Earnings -1,392,059
Other Stockholders Equity 1,162,338
Total Stockholder Equity (as reported)-181,260
Total Stockholder Equity (calculated)-181,260
+/-0
Other
Capital Stock48,461
Cash And Equivalents1,646
Cash and Short Term Investments 8,756
Common Stock Shares Outstanding 24,229
Current Deferred Revenue4,115
Liabilities and Stockholders Equity 1,187,872
Net Debt 1,117,869
Net Invested Capital 938,255
Net Working Capital -301,733
Property Plant and Equipment Gross 675,312
Short Long Term Debt Total 1,119,515



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-12-312014-03-312013-03-312012-09-302012-03-31
> Total Assets 
396
659
0
1,867,879
1,608,254
1,599,475
1,557,695
1,325,220
1,428,754
1,409,244
1,237,817
1,283,313
1,244,765
1,187,872
1,187,8721,244,7651,283,3131,237,8171,409,2441,428,7541,325,2201,557,6951,599,4751,608,2541,867,8790659396
   > Total Current Assets 
0
0
0
0
385,505
415,120
477,654
356,941
353,093
367,536
291,073
423,913
456,355
467,521
467,521456,355423,913291,073367,536353,093356,941477,654415,120385,5050000
       Cash And Cash Equivalents 
396
72
0
4,670
5,875
1,750
2,833
2,639
6,757
7,166
3,711
42,034
58,411
1,646
1,64658,41142,0343,7117,1666,7572,6392,8331,7505,8754,670072396
       Short-term Investments 
0
0
0
0
0
0
0
282
1,545
968
500
500
500
7,110
7,1105005005009681,5452820000000
       Net Receivables 
0
0
0
280,868
169,761
99,844
121,859
148,514
140,846
142,643
85,307
156,310
181,304
189,094
189,094181,304156,31085,307142,643140,846148,514121,85999,844169,761280,868000
       Other Current Assets 
0
0
0
152,333
47,936
225,114
245,011
156,196
162,093
148,013
3,668
6,979
4,900
20,065
20,0654,9006,9793,668148,013162,093156,196245,011225,11447,936152,333000
   > Long-term Assets 
0
0
0
0
0
1,184,355
1,080,041
968,279
1,075,661
1,041,708
946,744
859,400
788,410
720,352
720,352788,410859,400946,7441,041,7081,075,661968,2791,080,0411,184,35500000
       Property Plant Equipment 
0
587
0
1,093,729
1,117,517
1,101,816
1,027,012
957,507
987,750
923,329
915,566
828,967
759,116
675,312
675,312759,116828,967915,566923,329987,750957,5071,027,0121,101,8161,117,5171,093,72905870
       Long Term Investments 
0
0
0
0
42,000
42,000
42,000
0
6,269
18,612
0
0
0
0
000018,6126,269042,00042,00042,0000000
       Intangible Assets 
0
0
0
4,551
0
3,974
5,201
3,764
2,327
1,245
900
708
105
0
01057089001,2452,3273,7645,2013,97404,551000
       Other Assets 
0
0
0
96,941
63,232
36,565
79,979
81,261
93,086
98,521
21,670
23,381
24,186
-1
-124,18623,38121,67098,52193,08681,26179,97936,56563,23296,941000
> Total Liabilities 
39
329
0
1,481,262
1,391,441
1,409,060
1,459,256
1,315,012
1,393,521
1,423,774
1,274,080
1,272,454
1,336,375
1,369,132
1,369,1321,336,3751,272,4541,274,0801,423,7741,393,5211,315,0121,459,2561,409,0601,391,4411,481,262032939
   > Total Current Liabilities 
39
329
0
906,501
1,068,182
1,153,994
1,410,459
1,245,193
901,018
843,160
865,668
798,590
784,617
769,254
769,254784,617798,590865,668843,160901,0181,245,1931,410,4591,153,9941,068,182906,501032939
       Short-term Debt 
0
0
0
0
936,200
720,344
1,001,475
1,097,206
751,862
631,264
685,104
554,939
601,378
532,452
532,452601,378554,939685,104631,264751,8621,097,2061,001,475720,344936,2000000
       Short Long Term Debt 
0
0
0
0
936,200
268,965
221,027
1,097,206
751,862
631,264
685,104
535,355
601,378
532,452
532,452601,378535,355685,104631,264751,8621,097,206221,027268,965936,2000000
       Accounts payable 
0
246
0
219,157
84,687
123,652
163,833
134,545
135,116
193,020
155,871
210,228
168,444
223,976
223,976168,444210,228155,871193,020135,116134,545163,833123,65284,687219,15702460
       Other Current Liabilities 
39
83
0
156,929
366,880
309,998
245,151
13,442
14,040
18,876
3,623
12,317
13,700
8,711
8,71113,70012,3173,62318,87614,04013,442245,151309,998366,880156,92908339
   > Long-term Liabilities 
0
0
0
0
0
255,066
48,797
69,819
492,503
580,614
408,412
473,864
551,758
599,878
599,878551,758473,864408,412580,614492,50369,81948,797255,06600000
       Long term Debt Total 
0
0
0
0
0
0
113,576
221,633
471,607
560,408
396,324
462,650
540,359
587,063
587,063540,359462,650396,324560,408471,607221,633113,576000000
       Other Liabilities 
0
0
0
3,572
3,674
3,971
3,762
3,432
12,681
11,773
12,088
11,214
11,399
0
011,39911,21412,08811,77312,6813,4323,7623,9713,6743,572000
> Total Stockholder Equity
357
330
0
386,617
216,813
190,415
98,439
10,208
35,223
-14,530
-36,263
10,859
-91,610
-181,260
-181,260-91,61010,859-36,263-14,53035,22310,20898,439190,415216,813386,6170330357
   Common Stock
500
500
0
48,461
48,461
48,461
148,461
248,461
48,461
48,461
48,461
48,461
48,461
48,461
48,46148,46148,46148,46148,46148,461248,461148,46148,46148,46148,4610500500
   Retained Earnings Total Equity00000000000000
   Accumulated Other Comprehensive Income 
0
0
0
0
0
-153,918
-229,445
-304,320
-246,025
-333,136
1,118,659
1,118,659
1,118,659
1,162,338
1,162,3381,118,6591,118,6591,118,659-333,136-246,025-304,320-229,445-153,91800000
   Capital Surplus 00000000000000
   Treasury Stock00000000000000
   Other Stockholders Equity 
0
0
0
0
168,352
295,872
179,423
874,336
1,096,439
1,273,746
1,118,659
1,118,659
1,118,659
1,162,338
1,162,3381,118,6591,118,6591,118,6591,273,7461,096,439874,336179,423295,872168,3520000



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 (+$)
totalRevenue807,274
Cost of Revenue-339,901
Gross Profit467,373467,373
 
Operating Income (+$)
Gross Profit467,373
Operating Expense-520,255
Operating Income-34,642-52,882
 
Operating Expense (+$)
Research Development19,452
Selling General Administrative22,684
Selling And Marketing Expenses9,914
Operating Expense520,25552,050
 
Net Interest Income (+$)
Interest Income96,577
Interest Expense-96,577
Other Finance Cost-96,577
Net Interest Income-96,577
 
Pretax Income (+$)
Operating Income-34,642
Net Interest Income-96,577
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-131,21961,935
EBIT - interestExpense = -131,219
-131,219
-32,323
Interest Expense96,577
Earnings Before Interest and Taxes (EBIT)-34,642-34,642
Earnings Before Interest and Taxes (EBITDA)58,236
 
After tax Income (+$)
Income Before Tax-131,219
Tax Provision-0
Net Income From Continuing Ops-128,900-131,219
Net Income-128,900
Net Income Applicable To Common Shares-128,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses860,156
Total Other Income/Expenses Net-96,57796,577
 

Technical Analysis of NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The general trend of NRB Industrial Bearings Limited is BULLISH with 14.3% 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 NRB Industrial Bearings 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 (14.3%) Bearish trend (-14.3%)
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 NRB Industrial Bearings 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: 38.95 < 40.00 < 40.65.

The bearish price targets are: 28.65 > 27.00 > 25.75.

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NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current mas is .

The long score for the Moving Averages is 8/14.
The longshort score for the Moving Averages is 2/(-14 +14).

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

Directionalities and relatives.

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

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

NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current macd is -0.57854814.

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 NRB Industrial Bearings Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for NRB Industrial Bearings 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 NRB Industrial Bearings 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 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
NRB Industrial Bearings Limited Daily Moving Average Convergence/Divergence (MACD) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current adx is 23.59.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy NRB Industrial Bearings Limited shares, leading to potential upward 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.
NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current sar is 29.04.

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
NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current rsi is 51.15. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
NRB Industrial Bearings Limited Daily Relative Strength Index (RSI) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the NRB Industrial Bearings Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
NRB Industrial Bearings Limited Daily Stochastic Oscillator ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current cci is 123.37.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
NRB Industrial Bearings Limited Daily Commodity Channel Index (CCI) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current cmo is 12.09.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
NRB Industrial Bearings Limited Daily Chande Momentum Oscillator (CMO) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current willr is -35.21126761.

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 NRB Industrial Bearings Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
NRB Industrial Bearings Limited Daily Williams %R ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited.

NRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current atr is 2.10824897.

NRB Industrial Bearings Limited Daily Average True Range (ATR) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current obv is 1,696,699.

NRB Industrial Bearings Limited Daily On-Balance Volume (OBV) ChartNRB Industrial Bearings 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 NRB Industrial Bearings Limited. The current mfi is 82.60.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
NRB Industrial Bearings Limited Daily Money Flow Index (MFI) ChartNRB Industrial Bearings Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

NRB Industrial Bearings Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.145
Ma 20Greater thanMa 5031.740
Ma 50Greater thanMa 10035.141
Ma 100Greater thanMa 20036.981
OpenGreater thanClose35.000
Total3/5 (60.0%)
Penke

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