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Reliance Infrastructure Limited
Buy, Hold or Sell?

Let's analyse Reliance Infrastructure Limited together

PenkeI guess you are interested in Reliance Infrastructure 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 Reliance Infrastructure 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 Reliance Infrastructure Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.01
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR352.64
Expected worth in 1 year
INR96.08
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
INR-255.75
Return On Investment
-94.4%

For what price can you sell your share?

Current Price per Share
INR270.95
Expected price per share
INR190.30 - INR
How sure are you?
50%

1. Valuation of Reliance Infrastructure Limited (5 min.)




Live pricePrice per Share (EOD)

INR270.95

Intrinsic Value Per Share

INR-522.16 - INR940.88

Total Value Per Share

INR-169.52 - INR1,293.52

2. Growth of Reliance Infrastructure Limited (5 min.)




Is Reliance Infrastructure Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$1.6b$1.9b-$304.5m-18.2%

How much money is Reliance Infrastructure Limited making?

Current yearPrevious yearGrowGrow %
Making money-$386.5m-$112.6m-$273.9m-70.9%
Net Profit Margin-15.6%-5.0%--

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

3. Financial Health of Reliance Infrastructure Limited (5 min.)




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

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

What can you expect buying and holding a share of Reliance Infrastructure Limited?

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

Speculation

The Price per Share of Reliance Infrastructure Limited is INR270.95. 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 Reliance Infrastructure 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 Reliance Infrastructure 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 INR352.64. Based on the TTM, the Book Value Change Per Share is INR-64.14 per quarter. Based on the YOY, the Book Value Change Per Share is INR129.04 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 INR0.20 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Reliance Infrastructure Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.98-0.4%-0.98-0.4%-0.28-0.1%-0.39-0.1%0.020.0%
Usd Book Value Change Per Share-0.77-0.3%-0.77-0.3%1.550.6%-0.72-0.3%-0.38-0.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.020.0%0.050.0%
Usd Total Gains Per Share-0.77-0.3%-0.77-0.3%1.550.6%-0.70-0.3%-0.33-0.1%
Usd Price Per Share1.73-1.73-1.35-1.05-3.40-
Price to Earnings Ratio-1.77--1.77--4.74--2.17-6.47-
Price-to-Total Gains Ratio-2.26--2.26-0.87--1.71-398.03-
Price to Book Ratio0.41-0.41-0.27-0.24-0.48-
Price-to-Total Gains Ratio-2.26--2.26-0.87--1.71-398.03-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.2514
Number of shares307
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.02
Usd Book Value Change Per Share-0.77-0.72
Usd Total Gains Per Share-0.77-0.70
Gains per Quarter (307 shares)-235.55-214.18
Gains per Year (307 shares)-942.18-856.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
13-945-95225-882-867
26-1890-189451-1764-1724
39-2835-283676-2646-2581
412-3781-3778101-3528-3438
515-4726-4720127-4410-4295
618-5671-5662152-5292-5152
721-6616-6604177-6174-6009
824-7561-7546203-7056-6866
927-8506-8488228-7939-7723
1030-9452-9430253-8821-8580

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%6.04.00.060.0%15.04.00.078.9%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%4.06.00.040.0%13.06.00.068.4%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%1.04.00.020.0%5.05.00.050.0%14.05.00.073.7%

Fundamentals of Reliance Infrastructure Limited

About Reliance Infrastructure Limited

Reliance Infrastructure Limited, an infrastructure company, generates, transmits, and distributes electrical power to residential, industrial, commercial, and other consumers in India. It operates through three segments: Power; Engineering and Construction (E&C); and Infrastructure. The Power segment operates a 220 MW combined cycle power plant at Samalkot; 48 MW combined cycle power plant at Mormugao; and 9.39 MW wind farm at Chitradurga. This segment also distribute power in Delhi; operates a 165 MW combined cycle power plant at Kochi; and trades in power. The E&C segment offers value added services in construction, erection, commissioning, and contracting. The Infrastructure segment engages in the development, operation, and maintenance of toll roads, metro rail transit system, and airports. The company is involved in the exploration and production of 4 coal bed methane blocks covering an area of 3,266 square kilometers in Madhya Pradesh, Andhra Pradesh, and Rajasthan; an oil and gas block covering an area of 3,619 square kilometers in Mizoram; and rehabilitation and upgradation of NH-66. In addition, it manufactures cement and defense systems; offers urban transport systems; and develops real estate property. Reliance Infrastructure Limited was incorporated in 1929 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-12 15:42:02.

Financial Health

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

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Reliance Infrastructure Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • A Net Profit Margin of -15.6% means that ₹-0.16 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Reliance Infrastructure Limited:

  • The MRQ is -15.6%. The company is making a huge loss. -2
  • The TTM is -15.6%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-15.6%TTM-15.6%0.0%
TTM-15.6%YOY-5.0%-10.6%
TTM-15.6%5Y-6.6%-9.1%
5Y-6.6%10Y1.1%-7.7%
1.1.2. Return on Assets

Shows how efficient Reliance Infrastructure Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • -5.3% Return on Assets means that Reliance Infrastructure Limited generated ₹-0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Reliance Infrastructure Limited:

  • The MRQ is -5.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -5.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.3%TTM-5.3%0.0%
TTM-5.3%YOY-1.5%-3.8%
TTM-5.3%5Y-2.0%-3.3%
5Y-2.0%10Y0.1%-2.1%
1.1.3. Return on Equity

Shows how efficient Reliance Infrastructure Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • -34.7% Return on Equity means Reliance Infrastructure Limited generated ₹-0.35 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Reliance Infrastructure Limited:

  • The MRQ is -34.7%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -34.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-34.7%TTM-34.7%0.0%
TTM-34.7%YOY-7.5%-27.2%
TTM-34.7%5Y-11.4%-23.2%
5Y-11.4%10Y-2.5%-9.0%

1.2. Operating Efficiency of Reliance Infrastructure Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Reliance Infrastructure Limited is operating .

  • Measures how much profit Reliance Infrastructure 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 Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • An Operating Margin of 11.2% means the company generated ₹0.11  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Reliance Infrastructure Limited:

  • The MRQ is 11.2%. The company is operating less efficient.
  • The TTM is 11.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ11.2%TTM11.2%0.0%
TTM11.2%YOY5.7%+5.5%
TTM11.2%5Y10.6%+0.6%
5Y10.6%10Y15.6%-5.0%
1.2.2. Operating Ratio

Measures how efficient Reliance Infrastructure Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • An Operation Ratio of 0.93 means that the operating costs are ₹0.93 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Reliance Infrastructure Limited:

  • The MRQ is 0.934. The company is less efficient in keeping operating costs low.
  • The TTM is 0.934. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.934TTM0.9340.000
TTM0.934YOY0.890+0.044
TTM0.9345Y0.896+0.038
5Y0.89610Y0.877+0.019

1.3. Liquidity of Reliance Infrastructure Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Reliance Infrastructure Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • A Current Ratio of 0.37 means the company has ₹0.37 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Reliance Infrastructure Limited:

  • The MRQ is 0.372. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.372. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.372TTM0.3720.000
TTM0.372YOY0.455-0.083
TTM0.3725Y0.470-0.098
5Y0.47010Y0.676-0.206
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • A Quick Ratio of 0.43 means the company can pay off ₹0.43 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Reliance Infrastructure Limited:

  • The MRQ is 0.425. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.425. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.425TTM0.4250.000
TTM0.425YOY0.427-0.002
TTM0.4255Y0.450-0.025
5Y0.45010Y0.527-0.077

1.4. Solvency of Reliance Infrastructure Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Reliance Infrastructure Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Reliance Infrastructure Limited to Utilities - Independent Power Producers industry mean.
  • A Debt to Asset Ratio of 0.77 means that Reliance Infrastructure Limited assets are financed with 77.1% credit (debt) and the remaining percentage (100% - 77.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Reliance Infrastructure Limited:

  • The MRQ is 0.771. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.771. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.771TTM0.7710.000
TTM0.771YOY0.737+0.034
TTM0.7715Y0.783-0.012
5Y0.78310Y0.724+0.059
1.4.2. Debt to Equity Ratio

Measures if Reliance Infrastructure Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • A Debt to Equity ratio of 506.2% means that company has ₹5.06 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Reliance Infrastructure Limited:

  • The MRQ is 5.062. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.062. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ5.062TTM5.0620.000
TTM5.062YOY3.677+1.384
TTM5.0625Y4.684+0.377
5Y4.68410Y3.443+1.242

2. Market Valuation of Reliance Infrastructure 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 Reliance Infrastructure Limited generates.

  • Above 15 is considered overpriced but always compare Reliance Infrastructure Limited to the Utilities - Independent Power Producers industry mean.
  • A PE ratio of -1.77 means the investor is paying ₹-1.77 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Reliance Infrastructure Limited:

  • The EOD is -3.328. Based on the earnings, the company is expensive. -2
  • The MRQ is -1.772. Based on the earnings, the company is expensive. -2
  • The TTM is -1.772. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.328MRQ-1.772-1.556
MRQ-1.772TTM-1.7720.000
TTM-1.772YOY-4.735+2.963
TTM-1.7725Y-2.165+0.393
5Y-2.16510Y6.473-8.638
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 5.069. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.699. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.699. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.069MRQ2.699+2.370
MRQ2.699TTM2.6990.000
TTM2.699YOY2.048+0.651
TTM2.6995Y0.197+2.502
5Y0.19710Y4.688-4.491
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Utilities - Independent Power Producers industry mean).
  • A PB ratio of 0.41 means the investor is paying ₹0.41 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Reliance Infrastructure Limited:

  • The EOD is 0.768. Based on the equity, the company is cheap. +2
  • The MRQ is 0.409. Based on the equity, the company is cheap. +2
  • The TTM is 0.409. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.768MRQ0.409+0.359
MRQ0.409TTM0.4090.000
TTM0.409YOY0.269+0.140
TTM0.4095Y0.235+0.174
5Y0.23510Y0.475-0.240
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Reliance Infrastructure 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---64.139-64.1390%129.044-150%-59.858-7%-31.336-51%
Book Value Per Share--352.638352.6380%416.777-15%350.368+1%511.602-31%
Current Ratio--0.3720.3720%0.455-18%0.470-21%0.676-45%
Debt To Asset Ratio--0.7710.7710%0.737+5%0.783-1%0.724+7%
Debt To Equity Ratio--5.0625.0620%3.677+38%4.684+8%3.443+47%
Dividend Per Share--0.2020.2020%0.262-23%1.719-88%4.069-95%
Eps---81.409-81.4090%-23.716-71%-32.084-61%2.039-4093%
Free Cash Flow Per Share--53.45353.4530%54.832-3%27.929+91%63.542-16%
Free Cash Flow To Equity Per Share---3.201-3.2010%1.207-365%-28.722+797%-9.496+197%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--940.881--------
Intrinsic Value_10Y_min---522.158--------
Intrinsic Value_1Y_max--70.328--------
Intrinsic Value_1Y_min--7.774--------
Intrinsic Value_3Y_max--229.563--------
Intrinsic Value_3Y_min---28.556--------
Intrinsic Value_5Y_max--410.810--------
Intrinsic Value_5Y_min---121.503--------
Market Cap107209764782.400+47%57076983096.00057076983096.0000%44434975401.600+28%34728920667.840+64%112217107736.160-49%
Net Profit Margin---0.156-0.1560%-0.050-68%-0.066-58%0.011-1460%
Operating Margin--0.1120.1120%0.057+96%0.106+6%0.156-28%
Operating Ratio--0.9340.9340%0.890+5%0.896+4%0.877+7%
Pb Ratio0.768+47%0.4090.4090%0.269+52%0.235+74%0.475-14%
Pe Ratio-3.328-88%-1.772-1.7720%-4.735+167%-2.165+22%6.473-127%
Price Per Share270.950+47%144.250144.2500%112.300+28%87.770+64%283.605-49%
Price To Free Cash Flow Ratio5.069+47%2.6992.6990%2.048+32%0.197+1273%4.688-42%
Price To Total Gains Ratio-4.238-88%-2.256-2.2560%0.868-360%-1.705-24%398.035-101%
Quick Ratio--0.4250.4250%0.427-1%0.450-6%0.527-19%
Return On Assets---0.053-0.0530%-0.015-72%-0.020-62%0.001-6551%
Return On Equity---0.347-0.3470%-0.075-78%-0.114-67%-0.025-93%
Total Gains Per Share---63.938-63.9380%129.305-149%-58.138-9%-27.267-57%
Usd Book Value--1674385200.0001674385200.0000%1978929600.000-15%1663608720.000+1%2429173800.000-31%
Usd Book Value Change Per Share---0.770-0.7700%1.549-150%-0.718-7%-0.376-51%
Usd Book Value Per Share--4.2324.2320%5.001-15%4.204+1%6.139-31%
Usd Dividend Per Share--0.0020.0020%0.003-23%0.021-88%0.049-95%
Usd Eps---0.977-0.9770%-0.285-71%-0.385-61%0.024-4093%
Usd Free Cash Flow--253802400.000253802400.0000%260349600.000-3%132609840.000+91%301710120.000-16%
Usd Free Cash Flow Per Share--0.6410.6410%0.658-3%0.335+91%0.763-16%
Usd Free Cash Flow To Equity Per Share---0.038-0.0380%0.014-365%-0.345+797%-0.114+197%
Usd Market Cap1286517177.389+47%684923797.152684923797.1520%533219704.819+28%416747048.014+64%1346605292.834-49%
Usd Price Per Share3.251+47%1.7311.7310%1.348+28%1.053+64%3.403-49%
Usd Profit---386541600.000-386541600.0000%-112606800.000-71%-152340480.000-61%25266840.000-1630%
Usd Revenue--2477571600.0002477571600.0000%2229974400.000+11%2221031040.000+12%2327574120.000+6%
Usd Total Gains Per Share---0.767-0.7670%1.552-149%-0.698-9%-0.327-57%
 EOD+4 -4MRQTTM+0 -0YOY+5 -305Y+14 -2110Y+7 -28

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.328
Price to Book Ratio (EOD)Between0-10.768
Net Profit Margin (MRQ)Greater than0-0.156
Operating Margin (MRQ)Greater than00.112
Quick Ratio (MRQ)Greater than10.425
Current Ratio (MRQ)Greater than10.372
Debt to Asset Ratio (MRQ)Less than10.771
Debt to Equity Ratio (MRQ)Less than15.062
Return on Equity (MRQ)Greater than0.15-0.347
Return on Assets (MRQ)Greater than0.05-0.053
Total3/10 (30.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.049
Ma 20Greater thanMa 50237.513
Ma 50Greater thanMa 100228.176
Ma 100Greater thanMa 200215.388
OpenGreater thanClose269.000
Total4/5 (80.0%)



Latest Balance Sheet

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

Summary
Total Assets609,930,600
Total Liabilities470,398,500
Total Stockholder Equity92,936,500
 As reported
Total Liabilities 470,398,500
Total Stockholder Equity+ 92,936,500
Total Assets = 609,930,600

Assets

Total Assets609,930,600
Total Current Assets132,174,800
Long-term Assets477,755,800
Total Current Assets
Cash And Cash Equivalents 8,557,100
Short-term Investments 29,679,800
Net Receivables 83,270,100
Inventory 805,200
Other Current Assets 9,862,600
Total Current Assets  (as reported)132,174,800
Total Current Assets  (calculated)132,174,800
+/-0
Long-term Assets
Property Plant Equipment 99,582,600
Goodwill 767,500
Intangible Assets 107,355,800
Long-term Assets Other 231,017,200
Long-term Assets  (as reported)477,755,800
Long-term Assets  (calculated)438,723,100
+/- 39,032,700

Liabilities & Shareholders' Equity

Total Current Liabilities355,621,800
Long-term Liabilities114,776,700
Total Stockholder Equity92,936,500
Total Current Liabilities
Short-term Debt 70,209,200
Short Long Term Debt 70,127,500
Accounts payable 175,344,100
Other Current Liabilities 28,434,900
Total Current Liabilities  (as reported)355,621,800
Total Current Liabilities  (calculated)344,115,700
+/- 11,506,100
Long-term Liabilities
Long term Debt Total 44,888,100
Capital Lease Obligations 621,800
Other Liabilities 69,888,600
Long-term Liabilities  (as reported)114,776,700
Long-term Liabilities  (calculated)115,398,500
+/- 621,800
Total Stockholder Equity
Common Stock3,518,300
Retained Earnings -75,524,200
Accumulated Other Comprehensive Income 72,138,700
Capital Surplus 92,868,900
Total Stockholder Equity (as reported)92,936,500
Total Stockholder Equity (calculated)93,001,700
+/- 65,200
Other
Capital Stock3,518,300
Cash And Equivalents13,764,200
Cash and Short Term Investments 38,236,900
Common Stock Shares Outstanding 285,116
Current Deferred Revenue81,633,600
Liabilities and Stockholders Equity 609,930,600
Net Debt 106,540,200
Net Invested Capital 207,412,000
Net Tangible Assets -15,186,800
Net Working Capital -223,447,000
Property Plant and Equipment Gross 99,582,600
Short Long Term Debt Total 115,097,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
88,147,500
122,489,700
0
197,759,300
265,353,300
347,129,400
381,175,700
507,849,200
614,099,100
664,959,600
695,130,700
708,425,300
719,520,600
983,476,700
1,007,222,900
683,831,600
651,028,000
621,634,100
626,892,300
609,930,600
609,930,600626,892,300621,634,100651,028,000683,831,6001,007,222,900983,476,700719,520,600708,425,300695,130,700664,959,600614,099,100507,849,200381,175,700347,129,400265,353,300197,759,3000122,489,70088,147,500
   > Total Current Assets 
28,465,000
86,404,400
0
100,993,500
97,515,000
95,695,400
132,398,900
182,149,500
218,304,600
233,355,600
236,534,900
246,883,200
235,164,700
268,958,100
293,531,200
165,504,000
191,840,300
176,864,700
154,067,300
132,174,800
132,174,800154,067,300176,864,700191,840,300165,504,000293,531,200268,958,100235,164,700246,883,200236,534,900233,355,600218,304,600182,149,500132,398,90095,695,40097,515,000100,993,500086,404,40028,465,000
       Cash And Cash Equivalents 
8,601,600
60,453,700
0
22,263,300
1,153,900
4,582,700
4,494,300
6,357,500
13,770,300
2,886,700
5,221,600
3,837,900
3,055,200
5,497,000
4,965,500
6,189,000
7,182,100
6,199,300
9,713,700
8,557,100
8,557,1009,713,7006,199,3007,182,1006,189,0004,965,5005,497,0003,055,2003,837,9005,221,6002,886,70013,770,3006,357,5004,494,3004,582,7001,153,90022,263,300060,453,7008,601,600
       Short-term Investments 
0
0
0
0
0
0
0
0
30,537,100
30,298,000
42,805,200
35,051,200
34,414,600
3,681,100
9,110,100
2,760,100
2,684,900
2,954,300
2,641,300
29,679,800
29,679,8002,641,3002,954,3002,684,9002,760,1009,110,1003,681,10034,414,60035,051,20042,805,20030,298,00030,537,10000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
73,741,700
78,543,400
59,854,900
205,391,400
230,931,500
145,722,400
155,623,900
151,826,500
129,860,900
83,270,100
83,270,100129,860,900151,826,500155,623,900145,722,400230,931,500205,391,40059,854,90078,543,40073,741,7000000000000
       Inventory 
1,041,700
3,530,900
0
3,831,800
4,162,200
5,606,400
3,897,800
4,254,600
3,778,600
4,707,200
5,186,900
6,075,500
6,649,600
4,119,300
3,944,900
620,500
643,400
726,600
662,600
805,200
805,200662,600726,600643,400620,5003,944,9004,119,3006,649,6006,075,5005,186,9004,707,2003,778,6004,254,6003,897,8005,606,4004,162,2003,831,80003,530,9001,041,700
       Other Current Assets 
18,821,700
22,419,800
0
74,898,400
92,198,900
85,506,300
124,006,800
171,537,400
170,218,600
195,463,700
183,321,200
201,918,600
191,045,300
255,660,700
275,510,700
155,934,400
181,329,900
15,158,000
11,188,800
9,862,600
9,862,60011,188,80015,158,000181,329,900155,934,400275,510,700255,660,700191,045,300201,918,600183,321,200195,463,700170,218,600171,537,400124,006,80085,506,30092,198,90074,898,400022,419,80018,821,700
   > Long-term Assets 
59,682,500
36,085,300
0
96,765,800
167,838,300
251,434,000
248,776,800
325,699,700
395,794,500
431,604,000
458,595,800
461,542,100
484,355,900
714,518,600
713,691,700
518,327,700
459,191,400
444,774,300
472,808,200
477,755,800
477,755,800472,808,200444,774,300459,191,400518,327,700713,691,700714,518,600484,355,900461,542,100458,595,800431,604,000395,794,500325,699,700248,776,800251,434,000167,838,30096,765,800036,085,30059,682,500
       Property Plant Equipment 
30,932,100
29,123,100
0
35,951,900
41,886,400
72,329,100
103,038,900
163,062,100
102,386,100
129,379,200
136,823,200
143,059,300
142,438,300
253,425,400
252,637,200
104,810,100
105,751,400
96,406,500
96,517,800
99,582,600
99,582,60096,517,80096,406,500105,751,400104,810,100252,637,200253,425,400142,438,300143,059,300136,823,200129,379,200102,386,100163,062,100103,038,90072,329,10041,886,40035,951,900029,123,10030,932,100
       Goodwill 
0
0
0
33,100
59,200
429,900
747,900
769,700
0
748,000
588,500
588,500
588,500
17,500
0
0
767,500
767,500
767,500
767,500
767,500767,500767,500767,5000017,500588,500588,500588,500748,0000769,700747,900429,90059,20033,100000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
141,182,200
143,184,300
123,671,200
129,054,700
127,218,500
67,659,800
0
0
0
0
000067,659,800127,218,500129,054,700123,671,200143,184,300141,182,2000000000000
       Intangible Assets 
0
0
0
95,500
111,100
88,500
8,398,600
23,928,900
84,655,300
82,443,700
78,658,200
85,622,800
98,987,700
130,244,600
132,233,500
165,574,400
147,254,100
118,118,900
114,706,500
107,355,800
107,355,800114,706,500118,118,900147,254,100165,574,400132,233,500130,244,60098,987,70085,622,80078,658,20082,443,70084,655,30023,928,9008,398,60088,500111,10095,500000
       Long-term Assets Other 
28,750,400
6,962,200
0
60,059,900
125,058,300
176,793,200
136,591,400
137,939,000
146,812,200
148,991,600
144,149,000
124,846,500
115,544,000
204,787,500
204,030,500
181,150,400
189,432,400
209,662,200
212,478,800
231,017,200
231,017,200212,478,800209,662,200189,432,400181,150,400204,030,500204,787,500115,544,000124,846,500144,149,000148,991,600146,812,200137,939,000136,591,400176,793,200125,058,30060,059,90006,962,20028,750,400
> Total Liabilities 
37,037,800
59,090,800
0
102,415,400
101,253,500
177,037,400
172,988,300
269,896,700
370,695,900
401,437,300
421,171,900
436,756,900
441,405,800
734,032,000
749,268,400
525,173,100
534,809,800
507,783,400
461,981,500
470,398,500
470,398,500461,981,500507,783,400534,809,800525,173,100749,268,400734,032,000441,405,800436,756,900421,171,900401,437,300370,695,900269,896,700172,988,300177,037,400101,253,500102,415,400059,090,80037,037,800
   > Total Current Liabilities 
14,186,600
18,877,500
0
32,728,800
38,614,600
72,077,200
85,580,100
145,857,300
189,294,600
230,553,000
231,256,400
237,395,100
215,604,500
437,737,700
458,557,300
326,001,100
350,142,000
377,477,500
338,958,300
355,621,800
355,621,800338,958,300377,477,500350,142,000326,001,100458,557,300437,737,700215,604,500237,395,100231,256,400230,553,000189,294,600145,857,30085,580,10072,077,20038,614,60032,728,800018,877,50014,186,600
       Short-term Debt 
0
0
0
0
0
0
0
0
64,160,900
93,404,700
92,399,700
95,935,800
59,606,700
109,849,900
84,834,100
47,638,400
53,206,300
73,712,400
72,019,200
70,209,200
70,209,20072,019,20073,712,40053,206,30047,638,40084,834,100109,849,90059,606,70095,935,80092,399,70093,404,70064,160,90000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
242,890,900
17,401,300
41,907,800
109,323,300
84,247,300
47,638,400
53,066,500
23,064,900
71,949,200
70,127,500
70,127,50071,949,20023,064,90053,066,50047,638,40084,247,300109,323,30041,907,80017,401,300242,890,9000000000000
       Accounts payable 
0
0
0
11,615,700
11,682,100
22,463,800
25,278,400
37,862,800
49,783,000
38,280,300
40,876,900
40,613,100
87,696,100
211,657,700
221,474,400
198,192,600
200,961,800
198,729,100
168,818,200
175,344,100
175,344,100168,818,200198,729,100200,961,800198,192,600221,474,400211,657,70087,696,10040,613,10040,876,90038,280,30049,783,00037,862,80025,278,40022,463,80011,682,10011,615,700000
       Other Current Liabilities 
14,186,600
18,877,500
0
21,113,100
26,932,500
49,613,400
60,301,700
107,994,500
75,350,700
98,868,000
97,979,800
100,846,200
68,301,700
111,172,600
148,815,900
75,062,300
15,726,800
20,693,500
17,135,300
28,434,900
28,434,90017,135,30020,693,50015,726,80075,062,300148,815,900111,172,60068,301,700100,846,20097,979,80098,868,00075,350,700107,994,50060,301,70049,613,40026,932,50021,113,100018,877,50014,186,600
   > Long-term Liabilities 
22,851,200
40,213,300
0
69,686,600
62,638,900
104,960,200
87,408,200
124,039,400
181,401,300
170,884,300
189,915,500
199,361,800
225,801,300
296,294,300
290,711,100
199,172,000
184,667,800
130,305,900
123,023,200
114,776,700
114,776,700123,023,200130,305,900184,667,800199,172,000290,711,100296,294,300225,801,300199,361,800189,915,500170,884,300181,401,300124,039,40087,408,200104,960,20062,638,90069,686,600040,213,30022,851,200
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
237,872,700
191,293,800
209,039,800
130,077,300
118,264,700
65,359,800
55,159,200
44,888,100
44,888,10055,159,20065,359,800118,264,700130,077,300209,039,800191,293,800237,872,700000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
39,512,000
37,746,600
99,545,200
102,571,800
102,553,800
69,094,700
66,403,100
65,576,900
67,864,000
69,888,600
69,888,60067,864,00065,576,90066,403,10069,094,700102,553,800102,571,80099,545,20037,746,60039,512,0000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
23,285,100
20,422,000
181,078,300
179,695,600
182,196,200
165,050,000
179,175,700
203,946,600
206,003,600
226,292,400
226,292,400206,003,600203,946,600179,175,700165,050,000182,196,200179,695,600181,078,30020,422,00023,285,1000000000000
> Total Stockholder Equity
51,109,700
63,398,900
0
95,343,800
163,587,100
168,976,000
207,040,600
236,076,100
241,346,600
261,210,100
271,434,400
269,744,700
276,758,100
233,475,200
242,189,800
141,757,400
97,923,700
92,028,900
125,639,100
92,936,500
92,936,500125,639,10092,028,90097,923,700141,757,400242,189,800233,475,200276,758,100269,744,700271,434,400261,210,100241,346,600236,076,100207,040,600168,976,000163,587,10095,343,800063,398,90051,109,700
   Common Stock
1,752,600
1,856,100
0
2,285,700
2,356,200
2,260,700
2,449,200
2,674,700
2,630,300
2,630,300
2,625,800
2,630,300
2,630,300
2,630,300
2,630,300
2,630,300
2,630,300
2,630,300
2,630,300
3,518,300
3,518,3002,630,3002,630,3002,630,3002,630,3002,630,3002,630,3002,630,3002,630,3002,625,8002,630,3002,630,3002,674,7002,449,2002,260,7002,356,2002,285,70001,856,1001,752,600
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 
-20,018,000
-24,528,500
0
-32,465,500
-35,145,700
-37,910,900
-51,383,700
-56,574,600
-57,420,400
-62,642,800
-63,217,600
-69,902,100
-77,959,600
-27,333,300
-41,389,000
-25,044,100
-33,335,200
49,939,700
75,526,600
72,138,700
72,138,70075,526,60049,939,700-33,335,200-25,044,100-41,389,000-27,333,300-77,959,600-69,902,100-63,217,600-62,642,800-57,420,400-56,574,600-51,383,700-37,910,900-35,145,700-32,465,5000-24,528,500-20,018,000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
88,250,900
88,250,900
88,251,300
88,251,300
88,251,300
88,251,300
88,251,300
92,868,900
92,868,90088,251,30088,251,30088,251,30088,251,30088,251,30088,250,90088,250,900000000000000
   Treasury Stock00-15,600-7,500-61,400-191,300-255,800-368,500000000000000
   Other Stockholders Equity 
69,375,100
86,071,300
0
100,194,800
165,688,900
174,058,000
201,025,900
224,751,200
288,816,400
321,222,600
332,026,200
337,016,500
352,087,400
258,178,200
280,948,500
214,888,300
32,177,300
88,235,300
89,161,000
92,803,700
92,803,70089,161,00088,235,30032,177,300214,888,300280,948,500258,178,200352,087,400337,016,500332,026,200321,222,600288,816,400224,751,200201,025,900174,058,000165,688,900100,194,800086,071,30069,375,100



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 (+$)
totalRevenue206,464,300
Cost of Revenue-151,026,100
Gross Profit55,438,20055,438,200
 
Operating Income (+$)
Gross Profit55,438,200
Operating Expense-41,902,100
Operating Income14,977,40013,536,100
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,842,900
Selling And Marketing Expenses0
Operating Expense41,902,1001,842,900
 
Net Interest Income (+$)
Interest Income23,934,600
Interest Expense-23,934,600
Other Finance Cost-23,934,600
Net Interest Income-23,934,600
 
Pretax Income (+$)
Operating Income14,977,400
Net Interest Income-23,934,600
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-24,656,70055,521,600
EBIT - interestExpense = -730,100
-32,138,100
-8,277,200
Interest Expense23,934,600
Earnings Before Interest and Taxes (EBIT)23,204,500-722,100
Earnings Before Interest and Taxes (EBITDA)37,689,500
 
After tax Income (+$)
Income Before Tax-24,656,700
Tax Provision-73,700
Net Income From Continuing Ops-25,640,500-24,730,400
Net Income-32,211,800
Net Income Applicable To Common Shares-32,211,800
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses192,928,200
Total Other Income/Expenses Net-40,544,20023,934,600
 

Technical Analysis of Reliance Infrastructure 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 Reliance Infrastructure Limited. The general trend of Reliance Infrastructure Limited is BULLISH with 100.0% 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 Reliance Infrastructure 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 (100.0%) Bearish trend (-100.0%)
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 Reliance Infrastructure 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: .

The bearish price targets are: 248.45 > 233.80 > 190.30.

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Reliance Infrastructure 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 Reliance Infrastructure Limited. The current mas is .

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

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

Directionalities and relatives.

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

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

Reliance Infrastructure 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 Reliance Infrastructure Limited. The current macd is 12.91.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-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 Reliance Infrastructure Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Reliance Infrastructure Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Reliance Infrastructure Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
Reliance Infrastructure Limited Daily Moving Average Convergence/Divergence (MACD) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current adx is 17.84.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Reliance Infrastructure Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Reliance Infrastructure 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 Reliance Infrastructure Limited. The current sar is 220.20.

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
Reliance Infrastructure 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 Reliance Infrastructure Limited. The current rsi is 62.05. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Reliance Infrastructure Limited Daily Relative Strength Index (RSI) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Reliance Infrastructure Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Reliance Infrastructure Limited Daily Stochastic Oscillator ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current cci is 106.80.

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

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Reliance Infrastructure Limited Daily Commodity Channel Index (CCI) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current cmo is 28.07.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Reliance Infrastructure Limited Daily Chande Momentum Oscillator (CMO) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current willr is -15.7869934.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Reliance Infrastructure Limited Daily Williams %R ChartReliance Infrastructure 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 Reliance Infrastructure Limited.

Reliance Infrastructure 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 Reliance Infrastructure Limited. The current atr is 16.69.

Reliance Infrastructure Limited Daily Average True Range (ATR) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current obv is 387,048,230.

Reliance Infrastructure Limited Daily On-Balance Volume (OBV) ChartReliance Infrastructure 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 Reliance Infrastructure Limited. The current mfi is 76.62.

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
Reliance Infrastructure Limited Daily Money Flow Index (MFI) ChartReliance Infrastructure Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Reliance Infrastructure Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5062.049
Ma 20Greater thanMa 50237.513
Ma 50Greater thanMa 100228.176
Ma 100Greater thanMa 200215.388
OpenGreater thanClose269.000
Total4/5 (80.0%)
Penke

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