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Schaeffler India Ltd
Buy, Hold or Sell?

Let's analyse Schaeffler together

PenkeI guess you are interested in Schaeffler India Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Schaeffler India Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Schaeffler (30 sec.)










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

How much money do you get?

How much money do you get?
INR1.15
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR307.44
Expected worth in 1 year
INR440.37
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR228.93
Return On Investment
8.1%

For what price can you sell your share?

Current Price per Share
INR2,812.30
Expected price per share
INR2,134 - INR3,100
How sure are you?
50%

1. Valuation of Schaeffler (5 min.)




Live pricePrice per Share (EOD)

INR2,812.30

Intrinsic Value Per Share

INR105.51 - INR378.54

Total Value Per Share

INR412.95 - INR685.98

2. Growth of Schaeffler (5 min.)




Is Schaeffler growing?

Current yearPrevious yearGrowGrow %
How rich?$576.6m$514.3m$62.3m10.8%

How much money is Schaeffler making?

Current yearPrevious yearGrowGrow %
Making money$107.8m$105.5m$2.3m2.2%
Net Profit Margin12.4%12.8%--

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

3. Financial Health of Schaeffler (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#148 / 564

Most Revenue
#75 / 564

Most Profit
#38 / 564

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

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

What can you expect buying and holding a share of Schaeffler?

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

Speculation

The Price per Share of Schaeffler is INR2,812. 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 Schaeffler.
  • 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 Schaeffler, 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 INR307.44. Based on the TTM, the Book Value Change Per Share is INR33.23 per quarter. Based on the YOY, the Book Value Change Per Share is INR40.45 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 INR24.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Schaeffler.

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 Eps0.690.0%0.690.0%0.680.0%0.470.0%0.390.0%
Usd Book Value Change Per Share0.400.0%0.400.0%0.490.0%0.320.0%0.460.0%
Usd Dividend Per Share0.290.0%0.290.0%0.190.0%0.150.0%0.100.0%
Usd Total Gains Per Share0.690.0%0.690.0%0.680.0%0.470.0%0.560.0%
Usd Price Per Share38.43-38.43-32.93-57.54-59.06-
Price to Earnings Ratio55.67-55.67-48.79-153.28-190.40-
Price-to-Total Gains Ratio55.95-55.95-48.62-155.72-142.69-
Price to Book Ratio10.42-10.42-10.01-21.08-27.32-
Price-to-Total Gains Ratio55.95-55.95-48.62-155.72-142.69-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share33.7476
Number of shares29
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.290.15
Usd Book Value Change Per Share0.400.32
Usd Total Gains Per Share0.690.47
Gains per Quarter (29 shares)19.9213.57
Gains per Year (29 shares)79.6754.26
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1334670173744
26793150347598
310013923051112152
413418531067150206
516723139084187260
6200278470101224314
7234324550118262368
8267370630135299422
9301416710152337476
10334463790169374530

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%8.00.00.0100.0%8.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.00.00.0100.0%8.00.00.0100.0%

Fundamentals of Schaeffler

About Schaeffler India Ltd

Schaeffler India Limited develops, manufactures, and distributes high-precision roller and ball bearings, and related components worldwide. It offers ball, cylindrical, spherical, and tapered roller bearings, as well as wheel bearings. The company also provides engine and transmission components for front accessory drive systems, chain drive systems, valve train components, shift systems, and a range of needle roller bearings and elements; clutch systems and dual mass flywheels for passenger cars, light commercial vehicles, heavy commercial vehicles, and tractors; and concentric slave cylinder, clutch master cylinder, semi slave cylinder, adapter, and high-pressure pipe assemblies. In addition, it offers engine oil, transmission oil, grease, coolant, hydraulic oil, and shock absorber oil. The company offers its products under the brand names of Schaeffler, LuK, INA, FAG, and Schaeffler TruPower. It serves the construction machinery, electrical engineering, industrial gear, mining and cement, power generation, agricultural engineering, steel plant, motorcycle, textile machinery, machine tool, wind power, pulp and paper, automotive and tractor, precision equipment, machine tools and material handling, car and truck, railway, two wheelers, renewable energy, power transmission, off highway, automation, and heavy, as well as MRO-steel, raw material, power, paper, and pulp industries. The company was formerly known as FAG Bearings India Limited and changed its name to Schaeffler India Limited in July 2017. Schaeffler India Limited was incorporated in 1962 and is based in Pune, India.

Fundamental data was last updated by Penke on 2024-03-23 17:26:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Schaeffler India Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Schaeffler earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Schaeffler to the Auto Parts industry mean.
  • A Net Profit Margin of 12.4% means that ₹0.12 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Schaeffler India Ltd:

  • The MRQ is 12.4%. The company is making a huge profit. +2
  • The TTM is 12.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.4%TTM12.4%0.0%
TTM12.4%YOY12.8%-0.4%
TTM12.4%5Y10.5%+1.9%
5Y10.5%10Y10.2%+0.4%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ12.4%3.9%+8.5%
TTM12.4%3.6%+8.8%
YOY12.8%3.5%+9.3%
5Y10.5%2.9%+7.6%
10Y10.2%4.0%+6.2%
1.1.2. Return on Assets

Shows how efficient Schaeffler is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Schaeffler to the Auto Parts industry mean.
  • 14.3% Return on Assets means that Schaeffler generated ₹0.14 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Schaeffler India Ltd:

  • The MRQ is 14.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 14.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ14.3%TTM14.3%0.0%
TTM14.3%YOY15.4%-1.0%
TTM14.3%5Y11.9%+2.4%
5Y11.9%10Y11.7%+0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ14.3%1.2%+13.1%
TTM14.3%1.0%+13.3%
YOY15.4%1.0%+14.4%
5Y11.9%1.0%+10.9%
10Y11.7%1.2%+10.5%
1.1.3. Return on Equity

Shows how efficient Schaeffler is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Schaeffler to the Auto Parts industry mean.
  • 18.7% Return on Equity means Schaeffler generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Schaeffler India Ltd:

  • The MRQ is 18.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 18.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.7%TTM18.7%0.0%
TTM18.7%YOY20.5%-1.8%
TTM18.7%5Y15.6%+3.1%
5Y15.6%10Y15.4%+0.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ18.7%2.4%+16.3%
TTM18.7%2.2%+16.5%
YOY20.5%2.1%+18.4%
5Y15.6%1.8%+13.8%
10Y15.4%2.3%+13.1%

1.2. Operating Efficiency of Schaeffler India Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Schaeffler is operating .

  • Measures how much profit Schaeffler 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 Schaeffler to the Auto Parts industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Schaeffler India Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y7.0%-7.0%
5Y7.0%10Y9.3%-2.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-3.6%-3.6%
YOY-4.6%-4.6%
5Y7.0%4.9%+2.1%
10Y9.3%4.8%+4.5%
1.2.2. Operating Ratio

Measures how efficient Schaeffler is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.47 means that the operating costs are ₹1.47 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Schaeffler India Ltd:

  • The MRQ is 1.470. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.470. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.470TTM1.4700.000
TTM1.470YOY1.510-0.040
TTM1.4705Y1.525-0.055
5Y1.52510Y1.317+0.208
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4701.618-0.148
TTM1.4701.616-0.146
YOY1.5101.621-0.111
5Y1.5251.568-0.043
10Y1.3171.278+0.039

1.3. Liquidity of Schaeffler India Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Schaeffler 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 2.92 means the company has ₹2.92 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Schaeffler India Ltd:

  • The MRQ is 2.922. The company is able to pay all its short-term debts. +1
  • The TTM is 2.922. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.922TTM2.9220.000
TTM2.922YOY2.871+0.052
TTM2.9225Y3.014-0.091
5Y3.01410Y3.047-0.033
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9221.649+1.273
TTM2.9221.646+1.276
YOY2.8711.604+1.267
5Y3.0141.579+1.435
10Y3.0471.351+1.696
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Schaeffler to the Auto Parts industry mean.
  • A Quick Ratio of 1.86 means the company can pay off ₹1.86 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Schaeffler India Ltd:

  • The MRQ is 1.859. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.859. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.859TTM1.8590.000
TTM1.859YOY2.863-1.004
TTM1.8595Y2.850-0.990
5Y2.85010Y3.002-0.153
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8590.698+1.161
TTM1.8590.714+1.145
YOY2.8630.742+2.121
5Y2.8500.752+2.098
10Y3.0020.782+2.220

1.4. Solvency of Schaeffler India Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Schaeffler assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Schaeffler to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.23 means that Schaeffler assets are financed with 23.3% credit (debt) and the remaining percentage (100% - 23.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Schaeffler India Ltd:

  • The MRQ is 0.233. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.233. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.233TTM0.2330.000
TTM0.233YOY0.252-0.018
TTM0.2335Y0.234-0.001
5Y0.23410Y0.241-0.006
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2330.497-0.264
TTM0.2330.497-0.264
YOY0.2520.497-0.245
5Y0.2340.497-0.263
10Y0.2410.487-0.246
1.4.2. Debt to Equity Ratio

Measures if Schaeffler is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Schaeffler to the Auto Parts industry mean.
  • A Debt to Equity ratio of 30.4% means that company has ₹0.30 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Schaeffler India Ltd:

  • The MRQ is 0.304. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.304. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.304TTM0.3040.000
TTM0.304YOY0.336-0.032
TTM0.3045Y0.307-0.003
5Y0.30710Y0.319-0.012
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3041.014-0.710
TTM0.3041.017-0.713
YOY0.3361.031-0.695
5Y0.3071.040-0.733
10Y0.3191.047-0.728

2. Market Valuation of Schaeffler India Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Schaeffler generates.

  • Above 15 is considered overpriced but always compare Schaeffler to the Auto Parts industry mean.
  • A PE ratio of 55.67 means the investor is paying ₹55.67 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Schaeffler India Ltd:

  • The EOD is 48.895. Based on the earnings, the company is overpriced. -1
  • The MRQ is 55.674. Based on the earnings, the company is expensive. -2
  • The TTM is 55.674. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD48.895MRQ55.674-6.779
MRQ55.674TTM55.6740.000
TTM55.674YOY48.791+6.882
TTM55.6745Y153.284-97.611
5Y153.28410Y190.402-37.118
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD48.89512.519+36.376
MRQ55.67411.721+43.953
TTM55.67412.530+43.144
YOY48.79115.239+33.552
5Y153.28416.864+136.420
10Y190.40221.191+169.211
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Schaeffler India Ltd:

  • The EOD is 120.643. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 137.369. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 137.369. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD120.643MRQ137.369-16.726
MRQ137.369TTM137.3690.000
TTM137.369YOY160.371-23.002
TTM137.3695Y268.958-131.589
5Y268.95810Y-1,680.848+1,949.806
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD120.6435.310+115.333
MRQ137.3694.924+132.445
TTM137.3693.607+133.762
YOY160.3711.026+159.345
5Y268.9582.264+266.694
10Y-1,680.8482.514-1,683.362
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Schaeffler 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 10.42 means the investor is paying ₹10.42 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Schaeffler India Ltd:

  • The EOD is 9.148. Based on the equity, the company is overpriced. -1
  • The MRQ is 10.416. Based on the equity, the company is expensive. -2
  • The TTM is 10.416. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD9.148MRQ10.416-1.268
MRQ10.416TTM10.4160.000
TTM10.416YOY10.009+0.407
TTM10.4165Y21.083-10.667
5Y21.08310Y27.316-6.234
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD9.1481.521+7.627
MRQ10.4161.481+8.935
TTM10.4161.516+8.900
YOY10.0091.624+8.385
5Y21.0831.700+19.383
10Y27.3162.242+25.074
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Schaeffler India Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--33.23333.2330%40.449-18%26.861+24%38.430-14%
Book Value Per Share--307.436307.4360%274.203+12%241.163+27%202.760+52%
Current Ratio--2.9222.9220%2.871+2%3.014-3%3.047-4%
Debt To Asset Ratio--0.2330.2330%0.252-7%0.2340%0.241-3%
Debt To Equity Ratio--0.3040.3040%0.336-10%0.307-1%0.319-5%
Dividend Per Share--24.00024.0000%16.000+50%12.119+98%8.091+197%
Eps--57.51757.5170%56.250+2%39.231+47%32.543+77%
Free Cash Flow Per Share--23.31123.3110%17.113+36%19.384+20%14.971+56%
Free Cash Flow To Equity Per Share--23.31123.3110%0.674+3357%10.731+117%8.266+182%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--378.540--------
Intrinsic Value_10Y_min--105.510--------
Intrinsic Value_1Y_max--23.519--------
Intrinsic Value_1Y_min--17.339--------
Intrinsic Value_3Y_max--81.649--------
Intrinsic Value_3Y_min--46.544--------
Intrinsic Value_5Y_max--153.023--------
Intrinsic Value_5Y_min--69.442--------
Market Cap439573739200.000-14%500516668800.000500516668800.0000%428976328000.000+17%749451117698.240-33%769313646222.800-35%
Net Profit Margin--0.1240.1240%0.128-3%0.105+18%0.102+22%
Operating Margin----0%-0%0.070-100%0.093-100%
Operating Ratio--1.4701.4700%1.510-3%1.525-4%1.317+12%
Pb Ratio9.148-14%10.41610.4160%10.009+4%21.083-51%27.316-62%
Pe Ratio48.895-14%55.67455.6740%48.791+14%153.284-64%190.402-71%
Price Per Share2812.300-14%3202.2003202.2000%2744.500+17%4794.830-33%4921.906-35%
Price To Free Cash Flow Ratio120.643-14%137.369137.3690%160.371-14%268.958-49%-1680.848+1324%
Price To Total Gains Ratio49.137-14%55.95055.9500%48.620+15%155.719-64%142.690-61%
Quick Ratio--1.8591.8590%2.863-35%2.850-35%3.002-38%
Return On Assets--0.1430.1430%0.154-7%0.119+20%0.117+23%
Return On Equity--0.1870.1870%0.205-9%0.156+20%0.154+21%
Total Gains Per Share--57.23357.2330%56.448+1%38.980+47%46.521+23%
Usd Book Value--576642000.000576642000.0000%514308000.000+12%452336880.000+27%380307300.000+52%
Usd Book Value Change Per Share--0.3990.3990%0.485-18%0.322+24%0.461-14%
Usd Book Value Per Share--3.6893.6890%3.290+12%2.894+27%2.433+52%
Usd Dividend Per Share--0.2880.2880%0.192+50%0.145+98%0.097+197%
Usd Eps--0.6900.6900%0.675+2%0.471+47%0.391+77%
Usd Free Cash Flow--43723200.00043723200.0000%32098800.000+36%36357840.000+20%28080450.000+56%
Usd Free Cash Flow Per Share--0.2800.2800%0.205+36%0.233+20%0.180+56%
Usd Free Cash Flow To Equity Per Share--0.2800.2800%0.008+3357%0.129+117%0.099+182%
Usd Market Cap5274884870.400-14%6006200025.6006006200025.6000%5147715936.000+17%8993413412.379-33%9231763754.674-35%
Usd Price Per Share33.748-14%38.42638.4260%32.934+17%57.538-33%59.063-35%
Usd Profit--107882400.000107882400.0000%105505200.000+2%73583040.000+47%61041150.000+77%
Usd Revenue--870109200.000870109200.0000%824090400.000+6%667231440.000+30%576114450.000+51%
Usd Total Gains Per Share--0.6870.6870%0.677+1%0.468+47%0.558+23%
 EOD+4 -4MRQTTM+0 -0YOY+25 -95Y+28 -710Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of Schaeffler India Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1548.895
Price to Book Ratio (EOD)Between0-19.148
Net Profit Margin (MRQ)Greater than00.124
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.859
Current Ratio (MRQ)Greater than12.922
Debt to Asset Ratio (MRQ)Less than10.233
Debt to Equity Ratio (MRQ)Less than10.304
Return on Equity (MRQ)Greater than0.150.187
Return on Assets (MRQ)Greater than0.050.143
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Schaeffler India Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.210
Ma 20Greater thanMa 502,871.878
Ma 50Greater thanMa 1002,990.065
Ma 100Greater thanMa 2002,996.233
OpenGreater thanClose2,874.700
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets62,665,100
Total Liabilities14,611,600
Total Stockholder Equity48,053,500
 As reported
Total Liabilities 14,611,600
Total Stockholder Equity+ 48,053,500
Total Assets = 62,665,100

Assets

Total Assets62,665,100
Total Current Assets41,061,600
Long-term Assets21,603,500
Total Current Assets
Cash And Cash Equivalents 697,100
Short-term Investments 15,569,600
Net Receivables 10,555,900
Inventory 13,156,100
Other Current Assets 1,082,900
Total Current Assets  (as reported)41,061,600
Total Current Assets  (calculated)41,061,600
+/-0
Long-term Assets
Property Plant Equipment 17,710,500
Goodwill 822,300
Intangible Assets 786,800
Long-term Assets Other 1,100,300
Long-term Assets  (as reported)21,603,500
Long-term Assets  (calculated)20,419,900
+/- 1,183,600

Liabilities & Shareholders' Equity

Total Current Liabilities14,051,500
Long-term Liabilities560,100
Total Stockholder Equity48,053,500
Total Current Liabilities
Accounts payable 10,551,400
Other Current Liabilities 440,500
Total Current Liabilities  (as reported)14,051,500
Total Current Liabilities  (calculated)10,991,900
+/- 3,059,600
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt511,000
Long-term Liabilities  (as reported)560,100
Long-term Liabilities  (calculated)511,000
+/- 49,100
Total Stockholder Equity
Total Stockholder Equity (as reported)48,053,500
Total Stockholder Equity (calculated)0
+/- 48,053,500
Other
Capital Stock312,600
Common Stock Shares Outstanding 156,304
Net Invested Capital 48,053,500
Net Working Capital 27,010,100
Property Plant and Equipment Gross 17,710,500



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
18,537,100
31,803,800
37,673,700
36,452,300
41,630,300
48,962,700
57,267,200
62,665,100
62,665,10057,267,20048,962,70041,630,30036,452,30037,673,70031,803,80018,537,100
   > Total Current Assets 
12,993,800
22,508,000
26,637,300
22,646,900
27,260,500
34,158,200
39,908,100
41,061,600
41,061,60039,908,10034,158,20027,260,50022,646,90026,637,30022,508,00012,993,800
       Cash And Cash Equivalents 
300,000
75,000
679,700
300,000
412,800
567,100
831,400
697,100
697,100831,400567,100412,800300,000679,70075,000300,000
       Short-term Investments 
5,428,000
7,528,800
7,045,000
7,188,000
10,343,400
12,078,700
13,912,600
15,569,600
15,569,60013,912,60012,078,70010,343,4007,188,0007,045,0007,528,8005,428,000
       Net Receivables 
3,467,900
6,902,900
8,014,200
6,785,900
6,917,200
8,462,700
10,324,100
10,555,900
10,555,90010,324,1008,462,7006,917,2006,785,9008,014,2006,902,9003,467,900
       Inventory 
2,783,400
6,121,500
9,233,800
7,383,100
7,382,200
11,061,000
12,656,400
13,156,100
13,156,10012,656,40011,061,0007,382,2007,383,1009,233,8006,121,5002,783,400
       Other Current Assets 
326,800
502,500
904,100
396,100
720,600
8,000
37,100
1,082,900
1,082,90037,1008,000720,600396,100904,100502,500326,800
   > Long-term Assets 
0
0
11,036,500
13,805,400
14,369,800
14,804,500
17,359,100
21,603,500
21,603,50017,359,10014,804,50014,369,80013,805,40011,036,50000
       Property Plant Equipment 
4,102,500
7,971,700
8,921,000
10,921,100
11,746,700
11,693,800
13,714,800
17,710,500
17,710,50013,714,80011,693,80011,746,70010,921,1008,921,0007,971,7004,102,500
       Goodwill 
0
0
0
0
0
0
0
822,300
822,3000000000
       Intangible Assets 
400
5,000
3,200
2,500
1,500
12,200
5,700
786,800
786,8005,70012,2001,5002,5003,2005,000400
       Long-term Assets Other 
0
0
200
55,500
481,300
650,400
1,123,800
1,100,300
1,100,3001,123,800650,400481,30055,50020000
> Total Liabilities 
3,785,500
8,552,200
10,612,400
6,830,700
10,227,400
12,426,000
14,408,200
14,611,600
14,611,60014,408,20012,426,00010,227,4006,830,70010,612,4008,552,2003,785,500
   > Total Current Liabilities 
3,514,900
7,526,900
10,170,300
6,375,800
9,576,400
11,872,200
13,902,700
14,051,500
14,051,50013,902,70011,872,2009,576,4006,375,80010,170,3007,526,9003,514,900
       Short-term Debt 
0
124,600
528,700
0
0
0
0
0
00000528,700124,6000
       Short Long Term Debt 
0
0
528,700
0
0
0
0
0
00000528,70000
       Accounts payable 
2,710,000
5,935,300
7,878,000
4,991,500
7,686,600
9,328,900
11,117,300
10,551,400
10,551,40011,117,3009,328,9007,686,6004,991,5007,878,0005,935,3002,710,000
       Other Current Liabilities 
300,500
582,100
825,500
705,000
425,400
750,800
632,300
440,500
440,500632,300750,800425,400705,000825,500582,100300,500
   > Long-term Liabilities 
0
0
442,400
454,900
992,600
553,800
505,500
560,100
560,100505,500553,800992,600454,900442,40000
       Long term Debt Total 
0
569,200
48,700
0
566,200
519,000
473,600
0
0473,600519,000566,200048,700569,2000
       Capital Lease Obligations Min Short Term Debt
0
-124,600
-528,700
0
650,900
607,000
573,200
511,000
511,000573,200607,000650,9000-528,700-124,6000
       Long-term Liabilities Other 
0
0
200
0
0
0
600
0
060000020000
> Total Stockholder Equity
14,751,600
23,251,600
27,061,300
29,621,600
31,402,900
36,536,700
42,859,000
48,053,500
48,053,50042,859,00036,536,70031,402,90029,621,60027,061,30023,251,60014,751,600
   Common Stock
166,200
166,200
312,600
312,600
312,600
312,600
312,600
0
0312,600312,600312,600312,600312,600166,200166,200
   Retained Earnings 
14,434,400
21,738,900
25,579,900
28,091,200
29,872,500
35,006,300
41,946,400
0
041,946,40035,006,30029,872,50028,091,20025,579,90021,738,90014,434,400
   Capital Surplus 
200,200
600,000
600,000
600,000
600,000
600,000
600,000
0
0600,000600,000600,000600,000600,000600,000200,200
   Treasury Stock00000000
   Other Stockholders Equity 
-49,200
746,500
568,700
617,800
617,800
617,800
0
0
00617,800617,800617,800568,700746,500-49,200



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue72,509,100
Cost of Revenue-45,028,200
Gross Profit27,480,90027,480,900
 
Operating Income (+$)
Gross Profit27,480,900
Operating Expense-61,527,200
Operating Income10,981,900-34,046,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense61,527,2000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-42,700
Other Finance Cost-0
Net Interest Income-42,700
 
Pretax Income (+$)
Operating Income10,981,900
Net Interest Income-42,700
Other Non-Operating Income Expenses0
Income Before Tax (EBT)12,137,70010,981,900
EBIT - interestExpense = -42,700
8,990,200
9,032,900
Interest Expense42,700
Earnings Before Interest and Taxes (EBIT)012,180,400
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax12,137,700
Tax Provision-3,147,500
Net Income From Continuing Ops8,990,2008,990,200
Net Income8,990,200
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net042,700
 

Technical Analysis of Schaeffler
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 Schaeffler. The general trend of Schaeffler 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 Schaeffler'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 Schaeffler India Ltd.

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

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

The bullish price targets are: 3,041 < 3,050 < 3,100.

The bearish price targets are: 2,616 > 2,609 > 2,134.

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Schaeffler India Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

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

Score

Let's take a look at the Moving Averages of Schaeffler India Ltd. 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 up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower 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

Schaeffler India Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

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

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

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Schaeffler India Ltd. The current macd is -27.19201945.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Schaeffler price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Schaeffler. 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 Schaeffler 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 down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Schaeffler India Ltd Daily Moving Average Convergence/Divergence (MACD) ChartSchaeffler India Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

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


Score

Let's take a look at the Directional Movement Index (DMI) of Schaeffler India Ltd. The current adx is 29.47.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Schaeffler shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Schaeffler India Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

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

Score

Let's take a look at the Parabolic SAR of Schaeffler India Ltd. The current sar is 2,978.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Schaeffler India Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Schaeffler India Ltd. The current rsi is 39.21. 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
Schaeffler India Ltd Daily Relative Strength Index (RSI) ChartSchaeffler India Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

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

Score

Let's take a look at the Stochastic Oscillator of Schaeffler India Ltd. The current phase is Continuation in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Schaeffler price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Schaeffler India Ltd Daily Stochastic Oscillator ChartSchaeffler India Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

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

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

Score

Let's take a look at the Commodity Channel Index (CCI) of Schaeffler India Ltd. The current cci is -88.07974127.

Schaeffler India Ltd Daily Commodity Channel Index (CCI) ChartSchaeffler India Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

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

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

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Schaeffler India Ltd. The current cmo is -26.05244297.

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
Schaeffler India Ltd Daily Chande Momentum Oscillator (CMO) ChartSchaeffler India Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

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

Score

Let's take a look at the Williams %R of Schaeffler India Ltd. The current willr is -61.16754302.

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 Schaeffler is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Schaeffler India Ltd Daily Williams %R ChartSchaeffler India Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Schaeffler India Ltd.

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

Score

Let's take a look at the Average True Range (ATR) of Schaeffler India Ltd. The current atr is 89.12.

Schaeffler India Ltd Daily Average True Range (ATR) ChartSchaeffler India Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Schaeffler India Ltd. The current obv is 215,557.

Schaeffler India Ltd Daily On-Balance Volume (OBV) ChartSchaeffler India Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

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

Score

Let's take a look at the Money Flow Index (MFI) of Schaeffler India Ltd. The current mfi is 38.51.

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

  • MFI < 50: -1
Schaeffler India Ltd Daily Money Flow Index (MFI) ChartSchaeffler India Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Schaeffler India Ltd.

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

Schaeffler India Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Schaeffler India Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.210
Ma 20Greater thanMa 502,871.878
Ma 50Greater thanMa 1002,990.065
Ma 100Greater thanMa 2002,996.233
OpenGreater thanClose2,874.700
Total1/5 (20.0%)
Penke

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