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RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$
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Let's analyse RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ together

PenkeI guess you are interested in RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. 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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. 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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ (30 sec.)










What can you expect buying and holding a share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$? (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
INR155.83
Expected worth in 1 year
INR137.98
How sure are you?
42.9%

+ What do you gain per year?

Total Gains per Share
INR-17.85
Return On Investment
-21.5%

For what price can you sell your share?

Current Price per Share
INR83.14
Expected price per share
INR65.40 - INR115.35
How sure are you?
50%

1. Valuation of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ (5 min.)




Live pricePrice per Share (EOD)

INR83.14

Intrinsic Value Per Share

INR-276.45 - INR-203.12

Total Value Per Share

INR-120.62 - INR-47.28

2. Growth of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ (5 min.)




Is RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ growing?

Current yearPrevious yearGrowGrow %
How rich?$11.1m$11.4m-$320k-2.9%

How much money is RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ making?

Current yearPrevious yearGrowGrow %
Making money-$395.6k-$324.9k-$70.7k-17.9%
Net Profit Margin-2.2%-1.3%--

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

3. Financial Health of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ (5 min.)




What can you expect buying and holding a share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$? (5 min.)

Welcome investor! RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$'s management wants to use your money to grow the business. In return you get a share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

What can you expect buying and holding a share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$?

First you should know what it really means to hold a share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. And how you can make/lose money.

Speculation

The Price per Share of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is INR83.14. 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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR155.83. Based on the TTM, the Book Value Change Per Share is INR-4.46 per quarter. Based on the YOY, the Book Value Change Per Share is INR-4.28 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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.07-0.1%-0.07-0.1%-0.05-0.1%-0.05-0.1%-0.010.0%
Usd Book Value Change Per Share-0.05-0.1%-0.05-0.1%-0.05-0.1%-0.040.0%0.270.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.05-0.1%-0.05-0.1%-0.05-0.1%-0.040.0%0.270.3%
Usd Price Per Share1.09-1.09-1.25-1.12-1.24-
Price to Earnings Ratio-16.48--16.48--23.07--5.45-7.27-
Price-to-Total Gains Ratio-20.38--20.38--24.44--8.99--2.46-
Price to Book Ratio0.58-0.58-0.65-0.56-0.61-
Price-to-Total Gains Ratio-20.38--20.38--24.44--8.99--2.46-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.99768
Number of shares1002
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.05-0.04
Usd Total Gains Per Share-0.05-0.04
Gains per Quarter (1002 shares)-53.66-37.19
Gains per Year (1002 shares)-214.66-148.74
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-215-2250-149-159
20-429-4400-297-308
30-644-6550-446-457
40-859-8700-595-606
50-1073-10850-744-755
60-1288-13000-892-904
70-1503-15150-1041-1053
80-1717-17300-1190-1202
90-1932-19450-1339-1351
100-2147-21600-1487-1500

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%0.03.00.00.0%1.04.00.020.0%3.04.00.042.9%3.04.00.042.9%
Book Value Change Per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%3.04.00.042.9%3.04.00.042.9%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.07.00.0%0.00.07.00.0%
Total Gains per Share0.01.00.00.0%0.03.00.00.0%1.04.00.020.0%3.04.00.042.9%3.04.00.042.9%

Fundamentals of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$

About RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
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 able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • A Net Profit Margin of -2.2% means that ₹-0.02 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is -2.2%. The company is making a loss. -1
  • The TTM is -2.2%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-2.2%TTM-2.2%0.0%
TTM-2.2%YOY-1.3%-0.9%
TTM-2.2%5Y-1.6%-0.6%
5Y-1.6%10Y-0.8%-0.8%
1.1.2. Return on Assets

Shows how efficient RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is using its assets to generate profit.

  • Above 5% is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • -1.5% Return on Assets means that RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ generated ₹-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is -1.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.5%TTM-1.5%0.0%
TTM-1.5%YOY-1.1%-0.4%
TTM-1.5%5Y-1.0%-0.4%
5Y-1.0%10Y-0.5%-0.6%
1.1.3. Return on Equity

Shows how efficient RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • -3.5% Return on Equity means RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ generated ₹-0.04 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-3.5%0.0%
TTM-3.5%YOY-2.8%-0.7%
TTM-3.5%5Y-2.5%-1.0%
5Y-2.5%10Y-0.7%-1.9%

1.2. Operating Efficiency of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is operating .

  • Measures how much profit RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y0.7%-0.7%
5Y0.7%10Y2.7%-2.0%
1.2.2. Operating Ratio

Measures how efficient RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.76 means that the operating costs are ₹1.76 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 1.761. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.761. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.761TTM1.7610.000
TTM1.761YOY1.710+0.051
TTM1.7615Y1.690+0.071
5Y1.69010Y1.425+0.265

1.3. Liquidity of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

1.3. Liquidity
1.3.1. Current Ratio

Measures if RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 0.62 means the company has ₹0.62 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 0.615. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.615. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.615TTM0.6150.000
TTM0.615YOY0.712-0.097
TTM0.6155Y0.677-0.062
5Y0.67710Y0.662+0.015
1.3.2. Quick Ratio

Measures if RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • A Quick Ratio of 0.20 means the company can pay off ₹0.20 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 0.198. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.198. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.198TTM0.1980.000
TTM0.198YOY0.206-0.008
TTM0.1985Y0.236-0.038
5Y0.23610Y0.257-0.021

1.4. Solvency of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to industry mean.
  • A Debt to Asset Ratio of 0.59 means that RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ assets are financed with 58.6% credit (debt) and the remaining percentage (100% - 58.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 0.586. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.586. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.586TTM0.5860.000
TTM0.586YOY0.612-0.026
TTM0.5865Y0.609-0.023
5Y0.60910Y0.647-0.038
1.4.2. Debt to Equity Ratio

Measures if RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • A Debt to Equity ratio of 141.7% means that company has ₹1.42 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The MRQ is 1.417. The company is able to pay all its debts with equity. +1
  • The TTM is 1.417. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.417TTM1.4170.000
TTM1.417YOY1.578-0.161
TTM1.4175Y1.566-0.148
5Y1.56610Y1.941-0.375

2. Market Valuation of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ generates.

  • Above 15 is considered overpriced but always compare RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ to the  industry mean.
  • A PE ratio of -16.48 means the investor is paying ₹-16.48 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The EOD is -15.065. Based on the earnings, the company is expensive. -2
  • The MRQ is -16.480. Based on the earnings, the company is expensive. -2
  • The TTM is -16.480. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-15.065MRQ-16.480+1.415
MRQ-16.480TTM-16.4800.000
TTM-16.480YOY-23.069+6.589
TTM-16.4805Y-5.448-11.032
5Y-5.44810Y7.270-12.718
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The EOD is 5.032. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 5.505. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 5.505. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.032MRQ5.505-0.473
MRQ5.505TTM5.5050.000
TTM5.505YOY5.601-0.096
TTM5.5055Y9.571-4.066
5Y9.57110Y7.437+2.134
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.58 means the investor is paying ₹0.58 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$:

  • The EOD is 0.534. Based on the equity, the company is cheap. +2
  • The MRQ is 0.584. Based on the equity, the company is cheap. +2
  • The TTM is 0.584. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.534MRQ0.584-0.050
MRQ0.584TTM0.5840.000
TTM0.584YOY0.652-0.069
TTM0.5845Y0.558+0.026
5Y0.55810Y0.614-0.056
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---4.463-4.4630%-4.277-4%-3.093-31%22.262-120%
Book Value Per Share--155.833155.8330%160.297-3%166.851-7%167.104-7%
Current Ratio--0.6150.6150%0.712-14%0.677-9%0.662-7%
Debt To Asset Ratio--0.5860.5860%0.612-4%0.609-4%0.647-9%
Debt To Equity Ratio--1.4171.4170%1.578-10%1.566-9%1.941-27%
Dividend Per Share----0%-0%-0%-0%
Eps---5.519-5.5190%-4.532-18%-4.082-26%-1.039-81%
Free Cash Flow Per Share--16.52316.5230%18.667-11%17.603-6%28.888-43%
Free Cash Flow To Equity Per Share---19.315-19.3150%-2.980-85%-5.870-70%-3.569-82%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---203.117--------
Intrinsic Value_10Y_min---276.452--------
Intrinsic Value_1Y_max--9.441--------
Intrinsic Value_1Y_min--2.747--------
Intrinsic Value_3Y_max--5.660--------
Intrinsic Value_3Y_min---18.070--------
Intrinsic Value_5Y_max---25.497--------
Intrinsic Value_5Y_min---67.578--------
Market Cap--543426250.000543426250.0000%624686250.000-13%557049250.000-2%570557321.429-5%
Net Profit Margin---0.022-0.0220%-0.013-40%-0.016-25%-0.008-63%
Operating Margin----0%-0%0.007-100%0.027-100%
Operating Ratio--1.7611.7610%1.710+3%1.690+4%1.425+24%
Pb Ratio0.534-9%0.5840.5840%0.652-11%0.558+5%0.614-5%
Pe Ratio-15.065+9%-16.480-16.4800%-23.069+40%-5.448-67%7.270-327%
Price Per Share83.140-9%90.95090.9500%104.550-13%93.230-2%103.136-12%
Price To Free Cash Flow Ratio5.032-9%5.5055.5050%5.601-2%9.571-42%7.437-26%
Price To Total Gains Ratio-18.628+9%-20.378-20.3780%-24.444+20%-8.993-56%-2.462-88%
Quick Ratio--0.1980.1980%0.206-4%0.236-16%0.257-23%
Return On Assets---0.015-0.0150%-0.011-25%-0.010-29%-0.005-69%
Return On Equity---0.035-0.0350%-0.028-20%-0.025-28%-0.007-81%
Total Gains Per Share---4.463-4.4630%-4.277-4%-3.093-31%22.262-120%
Usd Book Value--11173260.00011173260.0000%11493264.000-3%11963191.200-7%11262474.857-1%
Usd Book Value Change Per Share---0.054-0.0540%-0.051-4%-0.037-31%0.267-120%
Usd Book Value Per Share--1.8701.8700%1.924-3%2.002-7%2.005-7%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.066-0.0660%-0.054-18%-0.049-26%-0.012-81%
Usd Free Cash Flow--1184664.0001184664.0000%1338456.000-11%1262155.200-6%1826580.000-35%
Usd Free Cash Flow Per Share--0.1980.1980%0.224-11%0.211-6%0.347-43%
Usd Free Cash Flow To Equity Per Share---0.232-0.2320%-0.036-85%-0.070-70%-0.043-82%
Usd Market Cap--6521115.0006521115.0000%7496235.000-13%6684591.000-2%6846687.857-5%
Usd Price Per Share0.998-9%1.0911.0910%1.255-13%1.119-2%1.238-12%
Usd Profit---395688.000-395688.0000%-324948.000-18%-292668.000-26%-102660.000-74%
Usd Revenue--18002232.00018002232.0000%24791712.000-27%23227951.200-22%25039486.286-28%
Usd Total Gains Per Share---0.054-0.0540%-0.051-4%-0.037-31%0.267-120%
 EOD+4 -2MRQTTM+0 -0YOY+6 -265Y+5 -2810Y+6 -27

3.2. Fundamental Score

Let's check the fundamental score of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-15.065
Price to Book Ratio (EOD)Between0-10.534
Net Profit Margin (MRQ)Greater than0-0.022
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.198
Current Ratio (MRQ)Greater than10.615
Debt to Asset Ratio (MRQ)Less than10.586
Debt to Equity Ratio (MRQ)Less than11.417
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.015
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.718
Ma 20Greater thanMa 5085.138
Ma 50Greater thanMa 100103.989
Ma 100Greater thanMa 200108.357
OpenGreater thanClose86.500
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets2,250,695
Total Liabilities1,319,590
Total Stockholder Equity931,105
 As reported
Total Liabilities 1,319,590
Total Stockholder Equity+ 931,105
Total Assets = 2,250,695

Assets

Total Assets2,250,695
Total Current Assets589,193
Long-term Assets1,661,502
Total Current Assets
Cash And Cash Equivalents 325
Short-term Investments 34,442
Net Receivables 116,570
Inventory 419,189
Other Current Assets 14,782
Total Current Assets  (as reported)589,193
Total Current Assets  (calculated)585,308
+/- 3,885
Long-term Assets
Property Plant Equipment 1,459,755
Other Assets 185,192
Long-term Assets  (as reported)1,661,502
Long-term Assets  (calculated)1,644,947
+/- 16,555

Liabilities & Shareholders' Equity

Total Current Liabilities957,993
Long-term Liabilities361,597
Total Stockholder Equity931,105
Total Current Liabilities
Short-term Debt 546,691
Short Long Term Debt 618,500
Accounts payable 164,190
Other Current Liabilities 63,021
Total Current Liabilities  (as reported)957,993
Total Current Liabilities  (calculated)1,392,402
+/- 434,409
Long-term Liabilities
Long term Debt Total 144,996
Long term Debt 144,996
Long-term Liabilities Other 9,525
Long-term Liabilities  (as reported)361,597
Long-term Liabilities  (calculated)299,517
+/- 62,080
Total Stockholder Equity
Common Stock59,750
Retained Earnings 871,355
Total Stockholder Equity (as reported)931,105
Total Stockholder Equity (calculated)931,105
+/-0
Other
Capital Stock59,750
Cash And Equivalents4,210
Cash and Short Term Investments 38,652
Common Stock Shares Outstanding 5,975
Liabilities and Stockholders Equity 2,250,695
Net Debt 763,171
Net Invested Capital 1,694,601
Net Working Capital -368,800
Property Plant and Equipment Gross 1,459,755



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
3,179,740
2,961,076
3,027,048
2,535,518
2,528,395
2,469,523
2,250,695
2,250,6952,469,5232,528,3952,535,5183,027,0482,961,0763,179,740
   > Total Current Assets 
900,885
763,967
931,124
588,829
699,810
729,213
589,193
589,193729,213699,810588,829931,124763,967900,885
       Cash And Cash Equivalents 
6,215
27,675
5,514
6,094
6,877
370
325
3253706,8776,0945,51427,6756,215
       Short-term Investments 
106,256
15,257
15,294
14,675
8,335
21,583
34,442
34,44221,5838,33514,67515,29415,257106,256
       Net Receivables 
255,576
296,135
392,111
175,230
189,590
165,786
116,570
116,570165,786189,590175,230392,111296,135255,576
       Inventory 
504,080
406,923
504,943
392,720
437,339
493,467
419,189
419,189493,467437,339392,720504,943406,923504,080
   > Long-term Assets 
0
0
2,095,924
1,946,689
1,828,585
1,740,310
1,661,502
1,661,5021,740,3101,828,5851,946,6892,095,92400
       Property Plant Equipment 
2,236,377
2,149,277
2,045,859
1,911,277
1,781,235
1,706,370
1,459,755
1,459,7551,706,3701,781,2351,911,2772,045,8592,149,2772,236,377
       Long-term Assets Other 
0
0
0
0
20,249
7,249
7,477
7,4777,24920,2490000
> Total Liabilities 
2,404,002
2,151,700
1,954,849
1,495,259
1,545,067
1,511,751
1,319,590
1,319,5901,511,7511,545,0671,495,2591,954,8492,151,7002,404,002
   > Total Current Liabilities 
1,394,078
1,269,595
1,212,162
1,023,173
980,441
1,024,444
957,993
957,9931,024,444980,4411,023,1731,212,1621,269,5951,394,078
       Short-term Debt 
559,634
592,752
567,315
544,793
553,630
522,141
546,691
546,691522,141553,630544,793567,315592,752559,634
       Short Long Term Debt 
0
0
715,448
678,976
630,260
673,371
618,500
618,500673,371630,260678,976715,44800
       Accounts payable 
346,877
339,120
372,636
257,326
243,924
242,395
164,190
164,190242,395243,924257,326372,636339,120346,877
       Other Current Liabilities 
167,340
61,342
36,602
13,633
-1
75,364
63,021
63,02175,364-113,63336,60261,342167,340
   > Long-term Liabilities 
0
0
742,687
472,086
564,626
487,307
361,597
361,597487,307564,626472,086742,68700
       Long term Debt Total 
502,551
379,853
231,070
136,609
264,840
202,285
144,996
144,996202,285264,840136,609231,070379,853502,551
       Long-term Liabilities Other 
0
0
0
0
68,251
65,447
9,525
9,52565,44768,2510000
> Total Stockholder Equity
775,738
809,376
1,072,199
1,040,259
983,328
957,772
931,105
931,105957,772983,3281,040,2591,072,199809,376775,738
   Common Stock
47,250
47,250
59,750
59,750
59,750
59,750
59,750
59,75059,75059,75059,75059,75047,25047,250
   Retained Earnings 
716,734
730,372
760,021
728,081
923,578
898,022
871,355
871,355898,022923,578728,081760,021730,372716,734
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 
4,254
24,254
4,254
4,254
0
0
0
0004,2544,25424,2544,254



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, 2023-12-31)

Gross Profit (+$)
totalRevenue941,271
Cost of Revenue-865,569
Gross Profit75,70275,702
 
Operating Income (+$)
Gross Profit75,702
Operating Expense-1,004,784
Operating Income-63,513-929,082
 
Operating Expense (+$)
Research Development-
Selling General Administrative17,475
Selling And Marketing Expenses-
Operating Expense1,004,78417,475
 
Net Interest Income (+$)
Interest Income-
Interest Expense-107,564
Other Finance Cost-3,143
Net Interest Income-110,707
 
Pretax Income (+$)
Operating Income-63,513
Net Interest Income-110,707
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-69,791-63,513
EBIT - interestExpense = -107,564
-56,801
50,763
Interest Expense107,564
Earnings Before Interest and Taxes (EBIT)-37,773
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-69,791
Tax Provision--12,990
Net Income From Continuing Ops-56,801-56,801
Net Income-56,801
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-110,707
 

Technical Analysis of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The general trend of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is BEARISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-57.1%) Bearish trend (57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

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: 102.60 < 110.00 < 115.35.

The bearish price targets are: 72.10 > 69.35 > 65.40.

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RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

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

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current macd is -4.68940105.

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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Moving Average Convergence/Divergence (MACD) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current adx is 31.59.

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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ 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
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current sar is 81.47.

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
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current rsi is 39.72. 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
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Relative Strength Index (RSI) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Stochastic Oscillator ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current cci is -16.46541486.

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Commodity Channel Index (CCI) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current cmo is -16.862035.

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
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Chande Momentum Oscillator (CMO) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current willr is -57.09288768.

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 RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Williams %R ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current atr is 5.72950039.

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Average True Range (ATR) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current obv is -182,417.

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily On-Balance Volume (OBV) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$. The current mfi is 28.48.

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
RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Money Flow Index (MFI) ChartRASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13DMI 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
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08WILLR 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).
2023-12-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below 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.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MACD 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.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI 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
2024-02-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line 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).
2024-02-15ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 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.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27DMI 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

6.3. Candlestick Patterns

RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of RASANDIK ENGINEERING INDUSTRIES INDIA LTD.-$ based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.718
Ma 20Greater thanMa 5085.138
Ma 50Greater thanMa 100103.989
Ma 100Greater thanMa 200108.357
OpenGreater thanClose86.500
Total2/5 (40.0%)
Penke

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