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The Ramco Cements Limited
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Let's analyse The Ramco Cements Limited together

PenkeI guess you are interested in The Ramco Cements 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 The Ramco Cements 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 The Ramco Cements Limited (30 sec.)










What can you expect buying and holding a share of The Ramco Cements Limited? (30 sec.)

How much money do you get?

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

What is your share worth?

Current worth
INR290.66
Expected worth in 1 year
INR331.74
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR53.10
Return On Investment
6.6%

For what price can you sell your share?

Current Price per Share
INR810.55
Expected price per share
INR769.05 - INR896.80
How sure are you?
50%

1. Valuation of The Ramco Cements Limited (5 min.)




Live pricePrice per Share (EOD)

INR810.55

Intrinsic Value Per Share

INR-462.95 - INR520.27

Total Value Per Share

INR-172.29 - INR810.93

2. Growth of The Ramco Cements Limited (5 min.)




Is The Ramco Cements Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$824.1m$795m$29.1m3.5%

How much money is The Ramco Cements Limited making?

Current yearPrevious yearGrowGrow %
Making money$37.7m$105.7m-$68m-180.3%
Net Profit Margin3.9%14.7%--

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

3. Financial Health of The Ramco Cements Limited (5 min.)




4. Comparing to competitors in the Building Materials industry (5 min.)




  Industry Rankings (Building Materials)  


Richest
#70 / 223

Most Revenue
#44 / 223

Most Profit
#55 / 223

Most Efficient
#128 / 223

What can you expect buying and holding a share of The Ramco Cements Limited? (5 min.)

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

What can you expect buying and holding a share of The Ramco Cements Limited?

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

Speculation

The Price per Share of The Ramco Cements Limited is INR810.55. 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 The Ramco Cements 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 The Ramco Cements 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 INR290.66. Based on the TTM, the Book Value Change Per Share is INR10.27 per quarter. Based on the YOY, the Book Value Change Per Share is INR37.55 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR3.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of The Ramco Cements 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 Eps0.160.0%0.160.0%0.450.1%0.310.0%0.270.0%
Usd Book Value Change Per Share0.120.0%0.120.0%0.450.1%0.280.0%0.230.0%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.050.0%0.040.0%
Usd Total Gains Per Share0.160.0%0.160.0%0.490.1%0.330.0%0.270.0%
Usd Price Per Share9.08-9.08-9.22-9.06-7.31-
Price to Earnings Ratio56.85-56.85-20.59-32.35-30.79-
Price-to-Total Gains Ratio57.00-57.00-18.94-31.70-31.90-
Price to Book Ratio2.60-2.60-2.74-3.14-3.20-
Price-to-Total Gains Ratio57.00-57.00-18.94-31.70-31.90-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share9.7266
Number of shares102
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.05
Usd Book Value Change Per Share0.120.28
Usd Total Gains Per Share0.160.33
Gains per Quarter (102 shares)16.2533.30
Gains per Year (102 shares)64.99133.20
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
115505519114123
22910112038229256
34415118556343389
45920125075457522
57425131594572655
688302380113686788
7103352445132801921
81184025101519151054
913245357516910291187
1014750364018811441320

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%

Fundamentals of The Ramco Cements Limited

About The Ramco Cements Limited

The Ramco Cements Limited manufactures and sells cement, ready mix concrete, and dry mortar products in India. It offers formulated blended and ordinary Portland cements; ready mix concrete; and dry mortar products, including tile fix, super plaster, eco plast, plastering compound, super fine cement-based putty, block fix mortar, and tile grout under the RAMCO brand. The company also offers construction solutions for housing projects, apartments/institutions, public infrastructure projects, and industrial projects; and technical assistance and after sales support to builders. In addition, it is involved in the generation and sale of electricity from windmills and thermal power plants. The Ramco Cements Limited also exports its products. The company was formerly known as Madras Cements Ltd. and changed its name to The Ramco Cements Limited in July 2013. The Ramco Cements Limited was incorporated in 1957 and is headquartered in Chennai, India.

Fundamental data was last updated by Penke on 2024-03-12 14:32:05.

Financial Health

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

1.1. Profitability of The Ramco Cements Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit The Ramco Cements Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • A Net Profit Margin of 3.9% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of The Ramco Cements Limited:

  • The MRQ is 3.9%. The company is making a profit. +1
  • The TTM is 3.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.9%TTM3.9%0.0%
TTM3.9%YOY14.7%-10.8%
TTM3.9%5Y11.3%-7.4%
5Y11.3%10Y11.1%+0.2%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ3.9%5.7%-1.8%
TTM3.9%5.7%-1.8%
YOY14.7%6.4%+8.3%
5Y11.3%5.7%+5.6%
10Y11.1%5.8%+5.3%
1.1.2. Return on Assets

Shows how efficient The Ramco Cements Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • 2.2% Return on Assets means that The Ramco Cements Limited generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of The Ramco Cements Limited:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%0.0%
TTM2.2%YOY6.7%-4.5%
TTM2.2%5Y5.8%-3.6%
5Y5.8%10Y5.9%-0.1%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.6%+0.6%
TTM2.2%1.5%+0.7%
YOY6.7%1.6%+5.1%
5Y5.8%1.7%+4.1%
10Y5.9%1.8%+4.1%
1.1.3. Return on Equity

Shows how efficient The Ramco Cements Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • 4.6% Return on Equity means The Ramco Cements Limited generated ₹0.05 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of The Ramco Cements Limited:

  • The MRQ is 4.6%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.6%TTM4.6%0.0%
TTM4.6%YOY13.3%-8.7%
TTM4.6%5Y11.4%-6.8%
5Y11.4%10Y12.0%-0.6%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6%2.6%+2.0%
TTM4.6%2.7%+1.9%
YOY13.3%3.0%+10.3%
5Y11.4%3.1%+8.3%
10Y12.0%3.1%+8.9%

1.2. Operating Efficiency of The Ramco Cements Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient The Ramco Cements Limited is operating .

  • Measures how much profit The Ramco Cements 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 The Ramco Cements Limited to the Building Materials industry mean.
  • An Operating Margin of 8.8% means the company generated ₹0.09  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of The Ramco Cements Limited:

  • The MRQ is 8.8%. The company is operating less efficient.
  • The TTM is 8.8%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.8%TTM8.8%0.0%
TTM8.8%YOY15.0%-6.2%
TTM8.8%5Y15.6%-6.8%
5Y15.6%10Y17.0%-1.4%
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8%9.5%-0.7%
TTM8.8%5.9%+2.9%
YOY15.0%10.7%+4.3%
5Y15.6%10.0%+5.6%
10Y17.0%8.4%+8.6%
1.2.2. Operating Ratio

Measures how efficient The Ramco Cements Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Materials industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are ₹0.92 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of The Ramco Cements Limited:

  • The MRQ is 0.916. The company is less efficient in keeping operating costs low.
  • The TTM is 0.916. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.916TTM0.9160.000
TTM0.916YOY0.851+0.064
TTM0.9165Y0.847+0.069
5Y0.84710Y0.838+0.009
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9161.536-0.620
TTM0.9161.530-0.614
YOY0.8511.390-0.539
5Y0.8471.325-0.478
10Y0.8381.151-0.313

1.3. Liquidity of The Ramco Cements Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if The Ramco Cements Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Materials 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 The Ramco Cements Limited:

  • The MRQ is 0.611. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.611. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.611TTM0.6110.000
TTM0.611YOY0.614-0.003
TTM0.6115Y0.634-0.023
5Y0.63410Y0.699-0.065
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6111.502-0.891
TTM0.6111.485-0.874
YOY0.6141.493-0.879
5Y0.6341.550-0.916
10Y0.6991.380-0.681
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • A Quick Ratio of 0.36 means the company can pay off ₹0.36 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of The Ramco Cements Limited:

  • The MRQ is 0.361. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.361. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.361TTM0.3610.000
TTM0.361YOY0.263+0.098
TTM0.3615Y0.341+0.019
5Y0.34110Y0.340+0.001
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3610.734-0.373
TTM0.3610.744-0.383
YOY0.2630.783-0.520
5Y0.3410.822-0.481
10Y0.3400.803-0.463

1.4. Solvency of The Ramco Cements Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of The Ramco Cements Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare The Ramco Cements Limited to Building Materials industry mean.
  • A Debt to Asset Ratio of 0.53 means that The Ramco Cements Limited assets are financed with 52.9% credit (debt) and the remaining percentage (100% - 52.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of The Ramco Cements Limited:

  • The MRQ is 0.529. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.529. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.529TTM0.5290.000
TTM0.529YOY0.496+0.033
TTM0.5295Y0.495+0.034
5Y0.49510Y0.520-0.024
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5290.443+0.086
TTM0.5290.445+0.084
YOY0.4960.453+0.043
5Y0.4950.461+0.034
10Y0.5200.462+0.058
1.4.2. Debt to Equity Ratio

Measures if The Ramco Cements Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • A Debt to Equity ratio of 112.6% means that company has ₹1.13 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of The Ramco Cements Limited:

  • The MRQ is 1.126. The company is able to pay all its debts with equity. +1
  • The TTM is 1.126. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.126TTM1.1260.000
TTM1.126YOY0.987+0.139
TTM1.1265Y0.989+0.138
5Y0.98910Y1.131-0.143
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1260.873+0.253
TTM1.1260.906+0.220
YOY0.9870.876+0.111
5Y0.9890.940+0.049
10Y1.1310.977+0.154

2. Market Valuation of The Ramco Cements 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 The Ramco Cements Limited generates.

  • Above 15 is considered overpriced but always compare The Ramco Cements Limited to the Building Materials industry mean.
  • A PE ratio of 56.85 means the investor is paying ₹56.85 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of The Ramco Cements Limited:

  • The EOD is 60.895. Based on the earnings, the company is expensive. -2
  • The MRQ is 56.845. Based on the earnings, the company is expensive. -2
  • The TTM is 56.845. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD60.895MRQ56.845+4.049
MRQ56.845TTM56.8450.000
TTM56.845YOY20.589+36.257
TTM56.8455Y32.354+24.491
5Y32.35410Y30.787+1.567
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD60.89512.718+48.177
MRQ56.84511.994+44.851
TTM56.84511.824+45.021
YOY20.5899.413+11.176
5Y32.35414.142+18.212
10Y30.78718.671+12.116
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -54.059. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -50.464. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -50.464. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-54.059MRQ-50.464-3.595
MRQ-50.464TTM-50.4640.000
TTM-50.464YOY-26.623-23.842
TTM-50.4645Y11.919-62.383
5Y11.91910Y7.884+4.035
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD-54.0596.689-60.748
MRQ-50.4646.759-57.223
TTM-50.4645.318-55.782
YOY-26.6232.802-29.425
5Y11.9194.712+7.207
10Y7.8844.367+3.517
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of The Ramco Cements Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Materials industry mean).
  • A PB ratio of 2.60 means the investor is paying ₹2.60 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of The Ramco Cements Limited:

  • The EOD is 2.789. Based on the equity, the company is underpriced. +1
  • The MRQ is 2.603. Based on the equity, the company is underpriced. +1
  • The TTM is 2.603. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.789MRQ2.603+0.185
MRQ2.603TTM2.6030.000
TTM2.603YOY2.739-0.136
TTM2.6035Y3.144-0.541
5Y3.14410Y3.202-0.058
Compared to industry (Building Materials)
PeriodCompanyIndustry (mean)+/- 
EOD2.7891.246+1.543
MRQ2.6031.113+1.490
TTM2.6031.106+1.497
YOY2.7391.361+1.378
5Y3.1441.371+1.773
10Y3.2021.515+1.687
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of The Ramco Cements 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--10.27110.2710%37.553-73%23.359-56%19.117-46%
Book Value Per Share--290.660290.6600%280.389+4%243.598+19%189.496+53%
Current Ratio--0.6110.6110%0.6140%0.634-4%0.699-13%
Debt To Asset Ratio--0.5290.5290%0.496+7%0.495+7%0.520+2%
Debt To Equity Ratio--1.1261.1260%0.987+14%0.989+14%1.1310%
Dividend Per Share--3.0033.0030%3.0030%3.846-22%3.358-11%
Eps--13.31113.3110%37.305-64%26.192-49%22.090-40%
Free Cash Flow Per Share---14.994-14.9940%-28.849+92%-21.135+41%0.356-4309%
Free Cash Flow To Equity Per Share---3.378-3.3780%1.428-336%2.334-245%1.087-411%
Gross Profit Margin--0.6470.6470%0.894-28%0.790-18%-0.557+186%
Intrinsic Value_10Y_max--520.270--------
Intrinsic Value_10Y_min---462.954--------
Intrinsic Value_1Y_max--11.545--------
Intrinsic Value_1Y_min---27.784--------
Intrinsic Value_3Y_max--65.622--------
Intrinsic Value_3Y_min---100.091--------
Intrinsic Value_5Y_max--156.994--------
Intrinsic Value_5Y_min---190.048--------
Market Cap191526480600.000+7%178790341800.000178790341800.0000%181484070600.000-1%178447718400.000+0%144150423080.000+24%
Net Profit Margin--0.0390.0390%0.147-73%0.113-65%0.111-65%
Operating Margin--0.0880.0880%0.150-41%0.156-43%0.170-48%
Operating Ratio--0.9160.9160%0.851+8%0.847+8%0.838+9%
Pb Ratio2.789+7%2.6032.6030%2.739-5%3.144-17%3.202-19%
Pe Ratio60.895+7%56.84556.8450%20.589+176%32.354+76%30.787+85%
Price Per Share810.550+7%756.650756.6500%768.050-1%755.200+0%609.270+24%
Price To Free Cash Flow Ratio-54.059-7%-50.464-50.4640%-26.623-47%11.919-523%7.884-740%
Price To Total Gains Ratio61.062+7%57.00157.0010%18.938+201%31.700+80%31.901+79%
Quick Ratio--0.3610.3610%0.263+37%0.341+6%0.340+6%
Return On Assets--0.0220.0220%0.067-68%0.058-63%0.059-64%
Return On Equity--0.0460.0460%0.133-66%0.114-60%0.120-62%
Total Gains Per Share--13.27413.2740%40.556-67%27.205-51%22.476-41%
Usd Book Value--824167200.000824167200.0000%795043200.000+4%690722880.000+19%538141800.000+53%
Usd Book Value Change Per Share--0.1230.1230%0.451-73%0.280-56%0.229-46%
Usd Book Value Per Share--3.4883.4880%3.365+4%2.923+19%2.274+53%
Usd Dividend Per Share--0.0360.0360%0.0360%0.046-22%0.040-11%
Usd Eps--0.1600.1600%0.448-64%0.314-49%0.265-40%
Usd Free Cash Flow---42514800.000-42514800.0000%-81802800.000+92%-59927760.000+41%1126560.000-3874%
Usd Free Cash Flow Per Share---0.180-0.1800%-0.346+92%-0.254+41%0.004-4309%
Usd Free Cash Flow To Equity Per Share---0.041-0.0410%0.017-336%0.028-245%0.013-411%
Usd Market Cap2298317767.200+7%2145484101.6002145484101.6000%2177808847.200-1%2141372620.800+0%1729805076.960+24%
Usd Price Per Share9.727+7%9.0809.0800%9.217-1%9.062+0%7.311+24%
Usd Profit--37742400.00037742400.0000%105777600.000-64%76510080.000-51%64002840.000-41%
Usd Revenue--966273600.000966273600.0000%717646800.000+35%715961520.000+35%589992000.000+64%
Usd Total Gains Per Share--0.1590.1590%0.487-67%0.326-51%0.270-41%
 EOD+5 -3MRQTTM+0 -0YOY+12 -225Y+14 -2210Y+13 -23

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1560.895
Price to Book Ratio (EOD)Between0-12.789
Net Profit Margin (MRQ)Greater than00.039
Operating Margin (MRQ)Greater than00.088
Quick Ratio (MRQ)Greater than10.361
Current Ratio (MRQ)Greater than10.611
Debt to Asset Ratio (MRQ)Less than10.529
Debt to Equity Ratio (MRQ)Less than11.126
Return on Equity (MRQ)Greater than0.150.046
Return on Assets (MRQ)Greater than0.050.022
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.530
Ma 20Greater thanMa 50813.633
Ma 50Greater thanMa 100884.327
Ma 100Greater thanMa 200944.106
OpenGreater thanClose821.950
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets145,947,400
Total Liabilities77,266,800
Total Stockholder Equity68,610,600
 As reported
Total Liabilities 77,266,800
Total Stockholder Equity+ 68,610,600
Total Assets = 145,947,400

Assets

Total Assets145,947,400
Total Current Assets18,868,700
Long-term Assets127,078,700
Total Current Assets
Cash And Cash Equivalents 1,377,100
Short-term Investments 2,489,000
Net Receivables 4,784,200
Inventory 8,836,100
Other Current Assets 1,382,300
Total Current Assets  (as reported)18,868,700
Total Current Assets  (calculated)18,868,700
+/-0
Long-term Assets
Property Plant Equipment 119,029,100
Intangible Assets 1,500,300
Long-term Assets Other 3,798,000
Long-term Assets  (as reported)127,078,700
Long-term Assets  (calculated)124,327,400
+/- 2,751,300

Liabilities & Shareholders' Equity

Total Current Liabilities30,880,900
Long-term Liabilities46,385,900
Total Stockholder Equity68,610,600
Total Current Liabilities
Short-term Debt 8,654,700
Short Long Term Debt 8,652,600
Accounts payable 6,385,800
Other Current Liabilities 3,935,400
Total Current Liabilities  (as reported)30,880,900
Total Current Liabilities  (calculated)27,628,500
+/- 3,252,400
Long-term Liabilities
Long term Debt Total 36,416,400
Capital Lease Obligations 196,900
Long-term Liabilities  (as reported)46,385,900
Long-term Liabilities  (calculated)36,613,300
+/- 9,772,600
Total Stockholder Equity
Common Stock236,300
Retained Earnings 2,061,200
Accumulated Other Comprehensive Income 65,807,200
Capital Surplus 505,900
Total Stockholder Equity (as reported)68,610,600
Total Stockholder Equity (calculated)68,610,600
+/-0
Other
Capital Stock236,300
Cash and Short Term Investments 3,866,100
Common Stock Shares Outstanding 228,600
Current Deferred Revenue11,905,000
Liabilities and Stockholders Equity 145,947,400
Net Debt 43,694,000
Net Invested Capital 113,484,800
Net Working Capital -12,012,200
Property Plant and Equipment Gross 119,029,100
Short Long Term Debt Total 45,071,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
12,507,690
13,837,391
14,201,199
19,640,026
33,536,061
46,539,157
52,560,029
57,046,029
60,582,400
64,713,800
68,455,000
70,748,100
70,248,500
70,705,100
71,580,200
82,037,900
101,327,600
114,549,200
131,585,300
145,947,400
145,947,400131,585,300114,549,200101,327,60082,037,90071,580,20070,705,10070,248,50070,748,10068,455,00064,713,80060,582,40057,046,02952,560,02946,539,15733,536,06119,640,02614,201,19913,837,39112,507,690
   > Total Current Assets 
2,507,731
3,193,518
3,302,575
6,162,873
7,822,235
9,302,499
11,570,406
10,987,396
10,357,700
12,518,300
12,189,400
12,025,900
13,037,800
14,217,800
13,004,200
13,805,100
15,757,100
14,589,100
17,073,700
18,868,700
18,868,70017,073,70014,589,10015,757,10013,805,10013,004,20014,217,80013,037,80012,025,90012,189,40012,518,30010,357,70010,987,39611,570,4069,302,4997,822,2356,162,8733,302,5753,193,5182,507,731
       Cash And Cash Equivalents 
523,860
434,118
493,066
565,714
229,436
386,088
355,985
400,177
474,900
497,200
411,700
585,300
863,800
833,400
886,600
579,500
639,300
1,081,100
1,461,800
1,377,100
1,377,1001,461,8001,081,100639,300579,500886,600833,400863,800585,300411,700497,200474,900400,177355,985386,088229,436565,714493,066434,118523,860
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
324,700
274,600
319,400
276,400
291,100
300,700
2,489,000
2,489,000300,700291,100276,400319,400274,600324,7000000000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
3,763,900
4,396,300
4,731,300
6,219,000
5,074,400
7,240,600
7,646,000
5,476,000
5,254,900
4,784,200
4,784,2005,254,9005,476,0007,646,0007,240,6005,074,4006,219,0004,731,3004,396,3003,763,9000000000000
       Inventory 
527,365
1,311,349
1,009,477
1,282,371
2,427,035
3,288,889
4,125,417
3,922,726
4,910,900
5,947,500
6,855,300
5,216,500
5,501,700
5,765,700
5,612,500
5,610,800
6,468,800
5,993,400
8,344,700
8,836,100
8,836,1008,344,7005,993,4006,468,8005,610,8005,612,5005,765,7005,501,7005,216,5006,855,3005,947,5004,910,9003,922,7264,125,4173,288,8892,427,0351,282,3711,009,4771,311,349527,365
       Other Current Assets 
1,456,506
1,448,051
1,800,032
4,314,788
5,165,764
5,627,523
7,089,003
6,664,493
4,971,900
6,073,600
4,922,400
6,224,100
6,672,300
7,294,000
6,230,500
54,800
8,372,600
1,747,500
1,711,600
1,382,300
1,382,3001,711,6001,747,5008,372,60054,8006,230,5007,294,0006,672,3006,224,1004,922,4006,073,6004,971,9006,664,4937,089,0035,627,5235,165,7644,314,7881,800,0321,448,0511,456,506
   > Long-term Assets 
9,999,959
10,643,873
10,898,624
13,477,153
25,713,827
37,236,658
40,989,623
46,058,633
50,224,700
52,195,500
56,265,600
58,722,200
57,210,700
56,487,300
58,576,000
68,232,800
85,570,500
99,960,100
114,511,600
127,078,700
127,078,700114,511,60099,960,10085,570,50068,232,80058,576,00056,487,30057,210,70058,722,20056,265,60052,195,50050,224,70046,058,63340,989,62337,236,65825,713,82713,477,15310,898,62410,643,8739,999,959
       Property Plant Equipment 
9,331,478
9,847,684
10,011,944
12,589,675
24,826,187
36,350,510
40,102,214
44,893,751
45,865,500
46,890,700
49,412,800
50,862,000
50,372,400
51,333,100
53,088,200
60,141,400
76,606,500
91,015,800
105,676,100
119,029,100
119,029,100105,676,10091,015,80076,606,50060,141,40053,088,20051,333,10050,372,40050,862,00049,412,80046,890,70045,865,50044,893,75140,102,21436,350,51024,826,18712,589,67510,011,9449,847,6849,331,478
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
882,800
1,421,100
1,952,500
2,104,500
2,416,800
2,607,400
0
0
0
0
00002,607,4002,416,8002,104,5001,952,5001,421,100882,8000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
561,500
614,800
622,900
589,800
419,200
518,200
446,900
764,900
821,400
869,800
1,088,100
1,500,300
1,500,3001,088,100869,800821,400764,900446,900518,200419,200589,800622,900614,800561,50000000000
       Long-term Assets Other 
668,481
796,189
886,680
887,478
887,639
886,148
887,409
1,164,882
3,797,700
4,690,000
6,229,900
7,270,400
6,419,100
2,856,200
3,035,400
4,200
5,362,700
5,000,400
4,765,800
3,798,000
3,798,0004,765,8005,000,4005,362,7004,2003,035,4002,856,2006,419,1007,270,4006,229,9004,690,0003,797,7001,164,882887,409886,148887,639887,478886,680796,189668,481
> Total Liabilities 
9,581,086
10,488,918
10,269,393
12,976,430
23,997,533
33,937,227
36,978,487
39,700,936
40,078,600
41,006,200
43,863,500
44,485,800
39,508,800
32,731,100
30,497,400
36,620,900
51,257,700
57,169,100
65,331,700
77,266,800
77,266,80065,331,70057,169,10051,257,70036,620,90030,497,40032,731,10039,508,80044,485,80043,863,50041,006,20040,078,60039,700,93636,978,48733,937,22723,997,53312,976,43010,269,39310,488,9189,581,086
   > Total Current Liabilities 
1,476,966
1,656,268
2,286,973
3,945,088
4,015,125
4,403,808
5,462,408
5,899,279
15,053,200
16,124,000
17,046,600
14,488,400
14,896,500
20,254,800
18,564,300
20,675,500
23,363,200
24,193,700
27,826,900
30,880,900
30,880,90027,826,90024,193,70023,363,20020,675,50018,564,30020,254,80014,896,50014,488,40017,046,60016,124,00015,053,2005,899,2795,462,4084,403,8084,015,1253,945,0882,286,9731,656,2681,476,966
       Short-term Debt 
0
0
0
0
0
0
0
0
6,131,900
12,739,900
14,084,500
10,068,200
11,519,300
9,261,200
7,018,000
9,357,400
11,918,500
9,392,100
10,728,000
8,654,700
8,654,70010,728,0009,392,10011,918,5009,357,4007,018,0009,261,20011,519,30010,068,20014,084,50012,739,9006,131,90000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
29,101,700
4,532,100
4,502,700
9,719,700
7,551,200
10,341,400
12,253,900
9,391,000
10,726,600
8,652,600
8,652,60010,726,6009,391,00012,253,90010,341,4007,551,2009,719,7004,502,7004,532,10029,101,7000000000000
       Accounts payable 
182,227
307,852
358,865
711,756
1,085,575
1,111,348
1,648,159
0
939,300
1,430,800
1,876,400
2,198,500
2,092,500
2,562,200
2,679,100
2,583,600
3,429,800
3,645,200
4,907,400
6,385,800
6,385,8004,907,4003,645,2003,429,8002,583,6002,679,1002,562,2002,092,5002,198,5001,876,4001,430,800939,30001,648,1591,111,3481,085,575711,756358,865307,852182,227
       Other Current Liabilities 
1,294,739
1,348,416
1,928,108
3,233,332
2,929,549
3,292,460
3,814,250
5,899,279
7,982,000
1,953,300
1,085,700
2,221,700
1,284,700
8,386,000
8,537,200
12,800
13,800
13,800
20,900
3,935,400
3,935,40020,90013,80013,80012,8008,537,2008,386,0001,284,7002,221,7001,085,7001,953,3007,982,0005,899,2793,814,2503,292,4602,929,5493,233,3321,928,1081,348,4161,294,739
   > Long-term Liabilities 
8,104,120
8,832,650
7,982,419
9,031,341
19,982,408
29,533,418
31,516,078
33,801,657
25,025,400
24,882,200
26,816,900
29,997,400
24,612,300
12,476,300
11,933,100
15,945,400
27,894,500
32,975,400
37,504,800
46,385,900
46,385,90037,504,80032,975,40027,894,50015,945,40011,933,10012,476,30024,612,30029,997,40026,816,90024,882,20025,025,40033,801,65731,516,07829,533,41819,982,4089,031,3417,982,4198,832,6508,104,120
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
10,594,600
5,110,400
4,187,800
7,011,800
18,404,000
21,705,700
28,768,700
36,416,400
36,416,40028,768,70021,705,70018,404,0007,011,8004,187,8005,110,40010,594,600000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
11,613,400
12,235,200
7,177,400
7,365,900
8,100,100
8,933,600
9,490,500
11,269,700
8,736,100
0
08,736,10011,269,7009,490,5008,933,6008,100,1007,365,9007,177,40012,235,20011,613,4000000000000
> Total Stockholder Equity
2,926,604
3,348,473
3,931,806
6,663,596
9,538,528
12,601,931
15,581,542
17,345,093
20,503,800
23,707,600
24,589,300
26,256,200
30,732,700
37,954,600
41,050,500
45,370,000
50,013,500
57,317,000
66,185,900
68,610,600
68,610,60066,185,90057,317,00050,013,50045,370,00041,050,50037,954,60030,732,70026,256,20024,589,30023,707,60020,503,80017,345,09315,581,54212,601,9319,538,5286,663,5963,931,8063,348,4732,926,604
   Common Stock
120,778
120,778
120,779
120,779
119,027
237,969
237,969
237,969
238,000
238,000
238,000
238,100
238,100
238,100
235,600
235,600
235,600
235,900
236,300
236,300
236,300236,300235,900235,600235,600235,600238,100238,100238,100238,000238,000238,000237,969237,969237,969119,027120,779120,779120,778120,778
   Retained Earnings 
224,460
166,230
167,063
197,853
217,807
297,450
0
540,612
699,300
903,100
768,500
804,300
806,400
2,050,800
2,131,800
2,213,100
2,242,400
2,467,000
2,353,300
2,061,200
2,061,2002,353,3002,467,0002,242,4002,213,1002,131,8002,050,800806,400804,300768,500903,100699,300540,6120297,450217,807197,853167,063166,230224,460
   Accumulated Other Comprehensive Income 
-5,253,467
-5,875,705
-6,506,378
-7,184,518
-8,083,081
-9,179,083
-11,186,220
-13,198,351
-15,433,800
-18,181,300
-20,095,300
-22,904,500
-25,907,000
-28,164,400
-30,649,100
-33,358,600
-35,872,200
54,391,700
63,090,400
65,807,200
65,807,20063,090,40054,391,700-35,872,200-33,358,600-30,649,100-28,164,400-25,907,000-22,904,500-20,095,300-18,181,300-15,433,800-13,198,351-11,186,220-9,179,083-8,083,081-7,184,518-6,506,378-5,875,705-5,253,467
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
222,400
505,900
505,900
505,900505,900222,40000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
7,834,832
8,937,171
10,150,343
13,529,483
17,284,776
21,245,595
26,529,793
29,764,863
35,000,300
40,747,800
43,678,100
48,118,300
55,595,200
63,830,100
69,332,200
76,279,900
-49,167,300
222,400
505,900
505,900
505,900505,900222,400-49,167,30076,279,90069,332,20063,830,10055,595,20048,118,30043,678,10040,747,80035,000,30029,764,86326,529,79321,245,59517,284,77613,529,48310,150,3438,937,1717,834,832



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue80,522,800
Cost of Revenue-40,047,600
Gross Profit40,475,20040,475,200
 
Operating Income (+$)
Gross Profit40,475,200
Operating Expense-33,679,500
Operating Income6,906,1006,795,700
 
Operating Expense (+$)
Research Development27,300
Selling General Administrative476,400
Selling And Marketing Expenses1,111,500
Operating Expense33,679,5001,615,200
 
Net Interest Income (+$)
Interest Income2,405,200
Interest Expense-2,405,200
Other Finance Cost-2,405,200
Net Interest Income-2,405,200
 
Pretax Income (+$)
Operating Income6,906,100
Net Interest Income-2,405,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,719,8009,364,800
EBIT - interestExpense = 4,719,800
4,445,100
5,550,400
Interest Expense2,405,200
Earnings Before Interest and Taxes (EBIT)7,125,0007,125,000
Earnings Before Interest and Taxes (EBITDA)12,184,800
 
After tax Income (+$)
Income Before Tax4,719,800
Tax Provision-1,299,900
Net Income From Continuing Ops3,147,5003,419,900
Net Income3,145,200
Net Income Applicable To Common Shares3,145,200
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses73,727,100
Total Other Income/Expenses Net-2,458,7002,405,200
 

Technical Analysis of The Ramco Cements 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 The Ramco Cements Limited. The general trend of The Ramco Cements Limited is BEARISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine The Ramco Cements Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-85.7%) Bearish trend (85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of The Ramco Cements Limited.

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

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

The bullish price targets are: 827.70 < 856.45 < 896.80.

The bearish price targets are: 781.85 > 769.30 > 769.05.

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The Ramco Cements 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 The Ramco Cements Limited. The current mas is .

The long score for the Moving Averages is 1/14.
The longshort score for the Moving Averages is -12/(-14 +14).

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

Directionalities and relatives.

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

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

The Ramco Cements 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 The Ramco Cements Limited. The current macd is -21.02795894.

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 The Ramco Cements 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 The Ramco Cements 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 The Ramco Cements 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
The Ramco Cements Limited Daily Moving Average Convergence/Divergence (MACD) ChartThe Ramco Cements 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 The Ramco Cements Limited. The current adx is 42.46.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-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 The Ramco Cements Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
The Ramco Cements 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 The Ramco Cements Limited. The current sar is 787.87.

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
The Ramco Cements 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 The Ramco Cements Limited. The current rsi is 39.53. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

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

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-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 above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the The Ramco Cements Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
The Ramco Cements Limited Daily Stochastic Oscillator ChartThe Ramco Cements 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 The Ramco Cements Limited. The current cci is -9.60001325.

The Ramco Cements Limited Daily Commodity Channel Index (CCI) ChartThe Ramco Cements 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 The Ramco Cements Limited. The current cmo is -11.63062092.

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
The Ramco Cements Limited Daily Chande Momentum Oscillator (CMO) ChartThe Ramco Cements 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 The Ramco Cements Limited. The current willr is -31.17505995.

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 The Ramco Cements Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
The Ramco Cements Limited Daily Williams %R ChartThe Ramco Cements 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 The Ramco Cements Limited.

The Ramco Cements 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 The Ramco Cements Limited. The current atr is 19.19.

The Ramco Cements Limited Daily Average True Range (ATR) ChartThe Ramco Cements 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 The Ramco Cements Limited. The current obv is 14,909,216.

The Ramco Cements Limited Daily On-Balance Volume (OBV) ChartThe Ramco Cements 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 The Ramco Cements Limited. The current mfi is 36.18.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
The Ramco Cements Limited Daily Money Flow Index (MFI) ChartThe Ramco Cements Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

The Ramco Cements Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.530
Ma 20Greater thanMa 50813.633
Ma 50Greater thanMa 100884.327
Ma 100Greater thanMa 200944.106
OpenGreater thanClose821.950
Total2/5 (40.0%)
Penke

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