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Rane Brake Lining Limited
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Let's analyse Rane Brake Lining Limited together

PenkeI guess you are interested in Rane Brake Lining 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 Rane Brake Lining 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 Rane Brake Lining Limited (30 sec.)










What can you expect buying and holding a share of Rane Brake Lining Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.96
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR337.88
Expected worth in 1 year
INR432.79
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR174.91
Return On Investment
24.5%

For what price can you sell your share?

Current Price per Share
INR713.20
Expected price per share
INR541.92 - INR817.85
How sure are you?
50%

1. Valuation of Rane Brake Lining Limited (5 min.)




Live pricePrice per Share (EOD)

INR713.20

Intrinsic Value Per Share

INR-16.21 - INR430.89

Total Value Per Share

INR321.67 - INR768.77

2. Growth of Rane Brake Lining Limited (5 min.)




Is Rane Brake Lining Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$31.3m$29.1m$2.2m7.0%

How much money is Rane Brake Lining Limited making?

Current yearPrevious yearGrowGrow %
Making money$4m$3.2m$766.8k19.1%
Net Profit Margin5.6%5.4%--

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

3. Financial Health of Rane Brake Lining Limited (5 min.)




4. Comparing to competitors in the Auto Parts industry (5 min.)




  Industry Rankings (Auto Parts)  


Richest
#483 / 564

Most Revenue
#338 / 564

Most Profit
#275 / 564

Most Efficient
#210 / 564

What can you expect buying and holding a share of Rane Brake Lining Limited? (5 min.)

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

What can you expect buying and holding a share of Rane Brake Lining Limited?

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

Speculation

The Price per Share of Rane Brake Lining Limited is INR713.20. 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 Rane Brake Lining 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 Rane Brake Lining 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 INR337.88. Based on the TTM, the Book Value Change Per Share is INR23.73 per quarter. Based on the YOY, the Book Value Change Per Share is INR13.32 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 INR20.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Rane Brake Lining 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 Eps0.520.1%0.520.1%0.420.1%0.500.1%0.450.1%
Usd Book Value Change Per Share0.280.0%0.280.0%0.160.0%0.240.0%0.250.0%
Usd Dividend Per Share0.240.0%0.240.0%0.300.0%0.220.0%0.180.0%
Usd Total Gains Per Share0.520.1%0.520.1%0.460.1%0.460.1%0.430.1%
Usd Price Per Share7.57-7.57-7.34-7.18-6.93-
Price to Earnings Ratio14.57-14.57-17.48-14.58-14.98-
Price-to-Total Gains Ratio14.42-14.42-15.97-17.52-16.44-
Price to Book Ratio1.87-1.87-1.95-1.99-2.39-
Price-to-Total Gains Ratio14.42-14.42-15.97-17.52-16.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.5584
Number of shares116
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.240.22
Usd Book Value Change Per Share0.280.24
Usd Total Gains Per Share0.520.46
Gains per Quarter (116 shares)60.8753.70
Gains per Year (116 shares)243.47214.80
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1111132233103111205
2223264476207223420
3334396719310334635
4445528962413446850
555766112055175571065
666879314486206691280
778092516917237801495
8891105719348278921710
910021189217793010031925
10111413212420103311152140

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%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.06.064.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%

Fundamentals of Rane Brake Lining Limited

About Rane Brake Lining Limited

Rane Brake Lining Limited manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally. It offers friction material products, such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes, and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two wheelers, and railways. The company was formerly known as Rane Brake Products Limited and changed its name to Rane Brake Lining Limited in February 2008. The company was founded in 1964 and is headquartered in Chennai, India.

Fundamental data was last updated by Penke on 2024-03-12 14:48:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient 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 able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Rane Brake Lining Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Rane Brake Lining Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • A Net Profit Margin of 5.6% means that ₹0.06 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Rane Brake Lining Limited:

  • The MRQ is 5.6%. The company is making a profit. +1
  • The TTM is 5.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY5.4%+0.2%
TTM5.6%5Y6.5%-0.9%
5Y6.5%10Y6.1%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%3.9%+1.7%
TTM5.6%3.6%+2.0%
YOY5.4%3.5%+1.9%
5Y6.5%2.9%+3.6%
10Y6.1%4.0%+2.1%
1.1.2. Return on Assets

Shows how efficient Rane Brake Lining Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • 8.9% Return on Assets means that Rane Brake Lining Limited generated ₹0.09 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Rane Brake Lining Limited:

  • The MRQ is 8.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 8.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ8.9%TTM8.9%0.0%
TTM8.9%YOY6.8%+2.2%
TTM8.9%5Y8.6%+0.3%
5Y8.6%10Y9.0%-0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ8.9%1.2%+7.7%
TTM8.9%1.0%+7.9%
YOY6.8%1.0%+5.8%
5Y8.6%0.9%+7.7%
10Y9.0%1.2%+7.8%
1.1.3. Return on Equity

Shows how efficient Rane Brake Lining Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • 12.8% Return on Equity means Rane Brake Lining Limited generated ₹0.13 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Rane Brake Lining Limited:

  • The MRQ is 12.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 12.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ12.8%TTM12.8%0.0%
TTM12.8%YOY11.1%+1.7%
TTM12.8%5Y13.7%-0.9%
5Y13.7%10Y15.6%-1.8%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ12.8%2.4%+10.4%
TTM12.8%2.2%+10.6%
YOY11.1%2.1%+9.0%
5Y13.7%1.8%+11.9%
10Y15.6%2.3%+13.3%

1.2. Operating Efficiency of Rane Brake Lining Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Rane Brake Lining Limited is operating .

  • Measures how much profit Rane Brake Lining 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 Rane Brake Lining Limited to the Auto Parts industry mean.
  • An Operating Margin of 7.5% means the company generated ₹0.07  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Rane Brake Lining Limited:

  • The MRQ is 7.5%. The company is operating less efficient.
  • The TTM is 7.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ7.5%TTM7.5%0.0%
TTM7.5%YOY7.0%+0.5%
TTM7.5%5Y9.0%-1.5%
5Y9.0%10Y8.4%+0.6%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ7.5%6.0%+1.5%
TTM7.5%3.5%+4.0%
YOY7.0%4.5%+2.5%
5Y9.0%4.9%+4.1%
10Y8.4%4.8%+3.6%
1.2.2. Operating Ratio

Measures how efficient Rane Brake Lining Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are ₹0.94 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Rane Brake Lining Limited:

  • The MRQ is 0.939. The company is less efficient in keeping operating costs low.
  • The TTM is 0.939. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.939TTM0.9390.000
TTM0.939YOY0.954-0.015
TTM0.9395Y0.930+0.009
5Y0.93010Y0.922+0.007
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9391.618-0.679
TTM0.9391.616-0.677
YOY0.9541.623-0.669
5Y0.9301.568-0.638
10Y0.9221.278-0.356

1.3. Liquidity of Rane Brake Lining Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Rane Brake Lining Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 2.21 means the company has ₹2.21 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Rane Brake Lining Limited:

  • The MRQ is 2.209. The company is able to pay all its short-term debts. +1
  • The TTM is 2.209. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.209TTM2.2090.000
TTM2.209YOY1.759+0.449
TTM2.2095Y1.783+0.426
5Y1.78310Y1.536+0.246
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2091.650+0.559
TTM2.2091.648+0.561
YOY1.7591.604+0.155
5Y1.7831.579+0.204
10Y1.5361.351+0.185
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • A Quick Ratio of 1.53 means the company can pay off ₹1.53 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Rane Brake Lining Limited:

  • The MRQ is 1.526. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.526. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.526TTM1.5260.000
TTM1.526YOY1.087+0.439
TTM1.5265Y1.228+0.298
5Y1.22810Y1.080+0.148
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5260.695+0.831
TTM1.5260.713+0.813
YOY1.0870.742+0.345
5Y1.2280.752+0.476
10Y1.0800.782+0.298

1.4. Solvency of Rane Brake Lining Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Rane Brake Lining Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Rane Brake Lining Limited to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.30 means that Rane Brake Lining Limited assets are financed with 30.2% credit (debt) and the remaining percentage (100% - 30.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Rane Brake Lining Limited:

  • The MRQ is 0.302. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.302. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.302TTM0.3020.000
TTM0.302YOY0.391-0.089
TTM0.3025Y0.370-0.068
5Y0.37010Y0.421-0.051
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3020.497-0.195
TTM0.3020.497-0.195
YOY0.3910.497-0.106
5Y0.3700.495-0.125
10Y0.4210.487-0.066
1.4.2. Debt to Equity Ratio

Measures if Rane Brake Lining Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • A Debt to Equity ratio of 43.3% means that company has ₹0.43 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Rane Brake Lining Limited:

  • The MRQ is 0.433. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.433. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.433TTM0.4330.000
TTM0.433YOY0.643-0.210
TTM0.4335Y0.592-0.159
5Y0.59210Y0.762-0.170
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4331.014-0.581
TTM0.4331.021-0.588
YOY0.6431.031-0.388
5Y0.5921.045-0.453
10Y0.7621.047-0.285

2. Market Valuation of Rane Brake Lining 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 Rane Brake Lining Limited generates.

  • Above 15 is considered overpriced but always compare Rane Brake Lining Limited to the Auto Parts industry mean.
  • A PE ratio of 14.57 means the investor is paying ₹14.57 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Rane Brake Lining Limited:

  • The EOD is 16.476. Based on the earnings, the company is fair priced.
  • The MRQ is 14.568. Based on the earnings, the company is underpriced. +1
  • The TTM is 14.568. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.476MRQ14.568+1.908
MRQ14.568TTM14.5680.000
TTM14.568YOY17.477-2.909
TTM14.5685Y14.580-0.012
5Y14.58010Y14.977-0.397
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD16.47612.654+3.822
MRQ14.56811.732+2.836
TTM14.56812.570+1.998
YOY17.47715.239+2.238
5Y14.58016.913-2.333
10Y14.97721.344-6.367
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Rane Brake Lining Limited:

  • The EOD is 23.570. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 20.840. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 20.840. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD23.570MRQ20.840+2.730
MRQ20.840TTM20.8400.000
TTM20.840YOY-67.975+88.815
TTM20.8405Y1.129+19.711
5Y1.12910Y8.100-6.970
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD23.5705.527+18.043
MRQ20.8405.007+15.833
TTM20.8403.626+17.214
YOY-67.9751.231-69.206
5Y1.1292.384-1.255
10Y8.1002.661+5.439
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Rane Brake Lining Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 1.87 means the investor is paying ₹1.87 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Rane Brake Lining Limited:

  • The EOD is 2.111. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.866. Based on the equity, the company is underpriced. +1
  • The TTM is 1.866. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.111MRQ1.866+0.244
MRQ1.866TTM1.8660.000
TTM1.866YOY1.948-0.082
TTM1.8665Y1.987-0.121
5Y1.98710Y2.387-0.400
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD2.1111.518+0.593
MRQ1.8661.481+0.385
TTM1.8661.516+0.350
YOY1.9481.620+0.328
5Y1.9871.700+0.287
10Y2.3872.210+0.177
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Rane Brake Lining 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--23.72623.7260%13.322+78%20.019+19%20.895+14%
Book Value Per Share--337.884337.8840%314.158+8%301.611+12%242.660+39%
Current Ratio--2.2092.2090%1.759+26%1.783+24%1.536+44%
Debt To Asset Ratio--0.3020.3020%0.391-23%0.370-18%0.421-28%
Debt To Equity Ratio--0.4330.4330%0.643-33%0.592-27%0.762-43%
Dividend Per Share--20.00020.0000%24.994-20%18.558+8%15.030+33%
Eps--43.28743.2870%35.020+24%41.654+4%37.221+16%
Free Cash Flow Per Share--30.25930.2590%-9.004+130%26.340+15%33.146-9%
Free Cash Flow To Equity Per Share--10.02610.0260%-37.090+470%3.040+230%2.219+352%
Gross Profit Margin---0.139-0.1390%0.729-119%0.620-122%0.755-118%
Intrinsic Value_10Y_max--430.889--------
Intrinsic Value_10Y_min---16.214--------
Intrinsic Value_1Y_max--35.388--------
Intrinsic Value_1Y_min--15.861--------
Intrinsic Value_3Y_max--112.264--------
Intrinsic Value_3Y_min--32.794--------
Intrinsic Value_5Y_max--196.298--------
Intrinsic Value_5Y_min--33.308--------
Market Cap5512943284.000+12%4874456652.6004874456652.6000%4731067545.550+3%4682944839.630+4%4546744147.415+7%
Net Profit Margin--0.0560.0560%0.054+4%0.065-14%0.061-9%
Operating Margin--0.0750.0750%0.070+6%0.090-17%0.084-11%
Operating Ratio--0.9390.9390%0.954-2%0.930+1%0.922+2%
Pb Ratio2.111+12%1.8661.8660%1.948-4%1.987-6%2.387-22%
Pe Ratio16.476+12%14.56814.5680%17.477-17%14.5800%14.977-3%
Price Per Share713.200+12%630.600630.6000%612.050+3%598.130+5%577.685+9%
Price To Free Cash Flow Ratio23.570+12%20.84020.8400%-67.975+426%1.129+1746%8.100+157%
Price To Total Gains Ratio16.310+12%14.42114.4210%15.974-10%17.516-18%16.437-12%
Quick Ratio--1.5261.5260%1.087+40%1.228+24%1.080+41%
Return On Assets--0.0890.0890%0.068+32%0.086+3%0.090-1%
Return On Equity--0.1280.1280%0.111+15%0.137-7%0.156-18%
Total Gains Per Share--43.72643.7260%38.316+14%38.577+13%35.925+22%
Usd Book Value--31341600.00031341600.0000%29140800.000+8%28326480.000+11%22887600.000+37%
Usd Book Value Change Per Share--0.2850.2850%0.160+78%0.240+19%0.251+14%
Usd Book Value Per Share--4.0554.0550%3.770+8%3.619+12%2.912+39%
Usd Dividend Per Share--0.2400.2400%0.300-20%0.223+8%0.180+33%
Usd Eps--0.5190.5190%0.420+24%0.500+4%0.447+16%
Usd Free Cash Flow--2806800.0002806800.0000%-835200.000+130%2488320.000+13%3141480.000-11%
Usd Free Cash Flow Per Share--0.3630.3630%-0.108+130%0.316+15%0.398-9%
Usd Free Cash Flow To Equity Per Share--0.1200.1200%-0.445+470%0.036+230%0.027+352%
Usd Market Cap66155319.408+12%58493479.83158493479.8310%56772810.547+3%56195338.076+4%54560929.769+7%
Usd Price Per Share8.558+12%7.5677.5670%7.345+3%7.178+5%6.932+9%
Usd Profit--4015200.0004015200.0000%3248400.000+24%3864240.000+4%3486720.000+15%
Usd Revenue--71856000.00071856000.0000%60511200.000+19%60219360.000+19%56749320.000+27%
Usd Total Gains Per Share--0.5250.5250%0.460+14%0.463+13%0.431+22%
 EOD+4 -4MRQTTM+0 -0YOY+30 -65Y+28 -810Y+24 -12

3.2. Fundamental Score

Let's check the fundamental score of Rane Brake Lining Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.476
Price to Book Ratio (EOD)Between0-12.111
Net Profit Margin (MRQ)Greater than00.056
Operating Margin (MRQ)Greater than00.075
Quick Ratio (MRQ)Greater than11.526
Current Ratio (MRQ)Greater than12.209
Debt to Asset Ratio (MRQ)Less than10.302
Debt to Equity Ratio (MRQ)Less than10.433
Return on Equity (MRQ)Greater than0.150.128
Return on Assets (MRQ)Greater than0.050.089
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Rane Brake Lining Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.750
Ma 20Greater thanMa 50727.583
Ma 50Greater thanMa 100797.576
Ma 100Greater thanMa 200820.185
OpenGreater thanClose732.000
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets3,741,500
Total Liabilities1,129,700
Total Stockholder Equity2,611,800
 As reported
Total Liabilities 1,129,700
Total Stockholder Equity+ 2,611,800
Total Assets = 3,741,500

Assets

Total Assets3,741,500
Total Current Assets2,376,600
Long-term Assets1,364,900
Total Current Assets
Cash And Cash Equivalents 67,500
Short-term Investments 238,300
Net Receivables 1,098,000
Inventory 907,800
Other Current Assets 65,000
Total Current Assets  (as reported)2,376,600
Total Current Assets  (calculated)2,376,600
+/-0
Long-term Assets
Property Plant Equipment 1,220,900
Intangible Assets 5,100
Other Assets 35,500
Long-term Assets  (as reported)1,364,900
Long-term Assets  (calculated)1,261,500
+/- 103,400

Liabilities & Shareholders' Equity

Total Current Liabilities1,076,100
Long-term Liabilities53,600
Total Stockholder Equity2,611,800
Total Current Liabilities
Short-term Debt 1,100
Accounts payable 638,500
Other Current Liabilities 93,800
Total Current Liabilities  (as reported)1,076,100
Total Current Liabilities  (calculated)733,400
+/- 342,700
Long-term Liabilities
Long term Debt Total 6,700
Other Liabilities 52,800
Long-term Liabilities  (as reported)53,600
Long-term Liabilities  (calculated)59,500
+/- 5,900
Total Stockholder Equity
Common Stock77,300
Retained Earnings 833,100
Accumulated Other Comprehensive Income 1,701,400
Other Stockholders Equity 0
Total Stockholder Equity (as reported)2,611,800
Total Stockholder Equity (calculated)2,611,800
+/-0
Other
Capital Stock77,300
Cash And Equivalents67,500
Cash and Short Term Investments 305,800
Common Stock Shares Outstanding 7,730
Current Deferred Revenue342,700
Liabilities and Stockholders Equity 3,741,500
Net Debt -65,600
Net Invested Capital 2,611,800
Net Tangible Assets 2,606,700
Net Working Capital 1,300,500
Property Plant and Equipment Gross 1,220,900
Short Long Term Debt Total 1,900



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
2,351,061
1,663,645
1,635,819
1,715,511
2,068,479
2,517,400
2,614,966
2,679,400
2,550,900
2,558,800
2,790,800
3,108,900
3,557,900
3,593,500
3,840,200
3,989,500
3,741,500
3,741,5003,989,5003,840,2003,593,5003,557,9003,108,9002,790,8002,558,8002,550,9002,679,4002,614,9662,517,4002,068,4791,715,5111,635,8191,663,6452,351,061
   > Total Current Assets 
893,753
797,547
680,600
775,011
969,049
1,188,500
1,130,538
1,248,000
1,255,900
1,420,400
1,418,500
1,794,700
2,176,700
2,091,000
2,476,100
2,644,500
2,376,600
2,376,6002,644,5002,476,1002,091,0002,176,7001,794,7001,418,5001,420,4001,255,9001,248,0001,130,5381,188,500969,049775,011680,600797,547893,753
       Cash And Cash Equivalents 
21,431
39,345
41,267
22,444
23,067
106,500
35,758
32,800
14,800
19,300
12,800
95,100
138,700
375,400
483,800
210,100
67,500
67,500210,100483,800375,400138,70095,10012,80019,30014,80032,80035,758106,50023,06722,44441,26739,34521,431
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
11,081
5,973
17,081
17,081
800
238,300
238,30080017,08117,0815,97311,08100000000000
       Net Receivables 
0
0
0
0
0
0
0
864,000
890,800
998,100
1,007,000
1,212,400
1,443,900
1,021,500
1,314,983
1,422,100
1,098,000
1,098,0001,422,1001,314,9831,021,5001,443,9001,212,4001,007,000998,100890,800864,0000000000
       Inventory 
234,876
119,701
128,656
169,660
247,694
282,000
281,555
279,300
272,100
309,200
355,200
360,500
509,000
630,200
652,800
1,007,400
907,800
907,8001,007,400652,800630,200509,000360,500355,200309,200272,100279,300281,555282,000247,694169,660128,656119,701234,876
       Other Current Assets 
637,446
638,501
510,677
582,907
698,288
800,000
813,225
935,900
969,000
1,091,900
1,050,500
1,339,100
85,100
63,900
24,517
4,100
65,000
65,0004,10024,51763,90085,1001,339,1001,050,5001,091,900969,000935,900813,225800,000698,288582,907510,677638,501637,446
   > Long-term Assets 
1,457,308
866,098
955,219
940,500
1,099,430
1,328,900
1,484,428
1,431,400
1,295,000
1,138,400
1,372,300
1,314,200
1,381,200
1,502,500
1,364,100
1,345,000
1,364,900
1,364,9001,345,0001,364,1001,502,5001,381,2001,314,2001,372,3001,138,4001,295,0001,431,4001,484,4281,328,9001,099,430940,500955,219866,0981,457,308
       Property Plant Equipment 
967,294
854,171
955,219
915,500
1,099,430
1,238,500
1,409,582
1,331,300
1,174,800
1,059,800
1,204,100
1,132,600
1,176,500
1,317,500
1,191,800
1,168,200
1,220,900
1,220,9001,168,2001,191,8001,317,5001,176,5001,132,6001,204,1001,059,8001,174,8001,331,3001,409,5821,238,5001,099,430915,500955,219854,171967,294
       Long Term Investments 
0
0
0
0
0
0
0
3,700
3,700
3,700
3,700
121,544
6,000
0
0
0
0
00006,000121,5443,7003,7003,7003,7000000000
       Intangible Assets 
0
0
0
0
0
1,300
0
2,000
1,600
1,800
1,300
45,200
26,500
13,900
3,800
4,300
5,100
5,1004,3003,80013,90026,50045,2001,3001,8001,6002,00001,30000000
       Long-term Assets Other 
490,014
11,927
0
25,000
0
89,100
74,846
100,100
120,200
78,600
168,200
131,400
163,800
200
17,116
14,700
35,500
35,50014,70017,116200163,800131,400168,20078,600120,200100,10074,84689,100025,000011,927490,014
> Total Liabilities 
1,094,048
1,006,712
968,470
953,962
1,200,147
1,551,500
1,594,880
1,556,800
1,333,900
1,179,500
1,121,500
1,226,800
1,460,200
1,305,300
1,463,600
1,561,100
1,129,700
1,129,7001,561,1001,463,6001,305,3001,460,2001,226,8001,121,5001,179,5001,333,9001,556,8001,594,8801,551,5001,200,147953,962968,4701,006,7121,094,048
   > Total Current Liabilities 
408,376
355,015
265,390
428,279
474,538
971,500
1,028,549
1,165,100
1,095,600
1,036,100
1,042,000
1,196,100
1,431,300
1,267,900
1,394,100
1,503,100
1,076,100
1,076,1001,503,1001,394,1001,267,9001,431,3001,196,1001,042,0001,036,1001,095,6001,165,1001,028,549971,500474,538428,279265,390355,015408,376
       Short-term Debt 
0
0
0
0
0
0
286,700
342,800
241,500
168,300
59,900
1,200
700
3,300
1,300
1,200
1,100
1,1001,2001,3003,3007001,20059,900168,300241,500342,800286,700000000
       Short Long Term Debt 
0
0
0
0
0
0
0
805,600
168,800
58,100
59,900
1,200
700
0
0
0
0
00007001,20059,90058,100168,800805,6000000000
       Accounts payable 
0
0
0
0
0
0
477,173
482,300
507,100
707,100
845,900
1,062,600
1,114,900
931,100
1,136,900
1,248,600
638,500
638,5001,248,6001,136,900931,1001,114,9001,062,600845,900707,100507,100482,300477,173000000
       Other Current Liabilities 
408,376
355,015
265,390
428,279
474,538
971,500
264,676
340,000
347,000
160,700
136,200
113,600
13,600
7,600
32,200
20,700
93,800
93,80020,70032,2007,60013,600113,600136,200160,700347,000340,000264,676971,500474,538428,279265,390355,015408,376
   > Long-term Liabilities 
685,672
651,697
703,080
525,683
725,609
580,000
566,331
391,700
238,300
143,400
79,500
30,700
28,900
37,400
69,500
58,000
53,600
53,60058,00069,50037,40028,90030,70079,500143,400238,300391,700566,331580,000725,609525,683703,080651,697685,672
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
2,500
2,300
6,700
6,700
6,7006,7002,3002,5000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
116,800
133,200
96,800
60,900
30,700
28,900
34,900
67,200
56,900
52,800
52,80056,90067,20034,90028,90030,70060,90096,800133,200116,8000000000
> Total Stockholder Equity
1,238,395
656,933
667,349
761,549
868,332
965,900
1,020,086
1,122,600
1,217,000
1,379,300
1,669,300
1,882,100
2,097,700
2,288,200
2,376,600
2,428,400
2,611,800
2,611,8002,428,4002,376,6002,288,2002,097,7001,882,1001,669,3001,379,3001,217,0001,122,6001,020,086965,900868,332761,549667,349656,9331,238,395
   Common Stock
72,150
72,150
72,150
79,150
79,150
79,100
79,150
79,100
79,100
79,100
79,100
79,100
79,100
79,100
77,500
77,300
77,300
77,30077,30077,50079,10079,10079,10079,10079,10079,10079,10079,15079,10079,15079,15072,15072,15072,150
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-766,542
-798,631
-895,501
-1,002,235
-1,038,220
-1,144,200
0
-1,487,000
-1,683,600
-1,746,900
-1,914,300
-416,300
-644,500
-889,700
1,663,500
1,645,400
1,701,400
1,701,4001,645,4001,663,500-889,700-644,500-416,300-1,914,300-1,746,900-1,683,600-1,487,0000-1,144,200-1,038,220-1,002,235-895,501-798,631-766,542
   Capital Surplus 
0
0
0
0
0
0
0
0
0
28,000
0
28,000
28,000
28,000
0
0
0
00028,00028,00028,000028,000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
1,932,787
1,383,414
1,490,700
1,684,634
1,827,402
2,031,000
940,936
2,066,100
2,754,800
2,951,800
3,119,200
1,777,900
2,209,200
-2,260,200
1,663,500
0
0
001,663,500-2,260,2002,209,2001,777,9003,119,2002,951,8002,754,8002,066,100940,9362,031,0001,827,4021,684,6341,490,7001,383,4141,932,787



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 (+$)
totalRevenue5,988,000
Cost of Revenue-3,297,000
Gross Profit2,691,0002,691,000
 
Operating Income (+$)
Gross Profit2,691,000
Operating Expense-2,327,000
Operating Income371,000364,000
 
Operating Expense (+$)
Research Development175,500
Selling General Administrative76,900
Selling And Marketing Expenses381,000
Operating Expense2,327,000633,400
 
Net Interest Income (+$)
Interest Income500
Interest Expense-1,000
Other Finance Cost-500
Net Interest Income-1,000
 
Pretax Income (+$)
Operating Income371,000
Net Interest Income-1,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)446,000296,200
EBIT - interestExpense = 446,000
445,600
335,600
Interest Expense1,000
Earnings Before Interest and Taxes (EBIT)447,000447,000
Earnings Before Interest and Taxes (EBITDA)647,000
 
After tax Income (+$)
Income Before Tax446,000
Tax Provision-111,000
Net Income From Continuing Ops335,000335,000
Net Income334,600
Net Income Applicable To Common Shares334,600
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses5,624,000
Total Other Income/Expenses Net74,8001,000
 

Technical Analysis of Rane Brake Lining 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 Rane Brake Lining Limited. The general trend of Rane Brake Lining 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 Rane Brake Lining 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 Rane Brake Lining Limited.

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

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

The bullish price targets are: 771.15 < 812.05 < 817.85.

The bearish price targets are: 642.95 > 570.19 > 541.92.

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Rane Brake Lining 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 Rane Brake Lining 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

Rane Brake Lining 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 Rane Brake Lining Limited. The current macd is -19.79236372.

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 Rane Brake Lining 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 Rane Brake Lining 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 Rane Brake Lining 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
Rane Brake Lining Limited Daily Moving Average Convergence/Divergence (MACD) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current adx is 31.71.

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 Rane Brake Lining 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
Rane Brake Lining 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 Rane Brake Lining Limited. The current sar is 661.78.

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
Rane Brake Lining 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 Rane Brake Lining Limited. The current rsi is 40.75. 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
Rane Brake Lining Limited Daily Relative Strength Index (RSI) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current phase is Correction in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Rane Brake Lining Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Rane Brake Lining Limited Daily Stochastic Oscillator ChartRane Brake Lining 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 Rane Brake Lining Limited. The current cci is -32.29354569.

Rane Brake Lining Limited Daily Commodity Channel Index (CCI) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current cmo is -16.2167928.

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
Rane Brake Lining Limited Daily Chande Momentum Oscillator (CMO) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current willr is -43.82247101.

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 Rane Brake Lining Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Rane Brake Lining Limited Daily Williams %R ChartRane Brake Lining 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 Rane Brake Lining Limited.

Rane Brake Lining 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 Rane Brake Lining Limited. The current atr is 30.95.

Rane Brake Lining Limited Daily Average True Range (ATR) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current obv is 2,185,896.

Rane Brake Lining Limited Daily On-Balance Volume (OBV) ChartRane Brake Lining 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 Rane Brake Lining Limited. The current mfi is 62.55.

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

  • MFI > 50: +1
Rane Brake Lining Limited Daily Money Flow Index (MFI) ChartRane Brake Lining Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Rane Brake Lining Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Rane Brake Lining Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5040.750
Ma 20Greater thanMa 50727.583
Ma 50Greater thanMa 100797.576
Ma 100Greater thanMa 200820.185
OpenGreater thanClose732.000
Total2/5 (40.0%)
Penke

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