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Shradha Infraprojects Limited
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Let's analyse Shradha Infraprojects Limited together

PenkeI guess you are interested in Shradha Infraprojects 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 Shradha Infraprojects 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.

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Quick analysis of Shradha Infraprojects Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.05
When do you have the money?
1 year
How often do you get paid?
60.0%

What is your share worth?

Current worth
INR36.38
Expected worth in 1 year
INR60.66
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR28.29
Return On Investment
43.1%

For what price can you sell your share?

Current Price per Share
INR65.70
Expected price per share
INR56.00 - INR77.00
How sure are you?
50%

1. Valuation of Shradha Infraprojects Limited (5 min.)




Live pricePrice per Share (EOD)

INR65.70

Intrinsic Value Per Share

INR16.35 - INR348.19

Total Value Per Share

INR52.72 - INR384.57

2. Growth of Shradha Infraprojects Limited (5 min.)




Is Shradha Infraprojects Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$8.8m$7.3m$1.4m16.7%

How much money is Shradha Infraprojects Limited making?

Current yearPrevious yearGrowGrow %
Making money$1.7m$176.6k$1.5m89.6%
Net Profit Margin15.7%81.7%--

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

3. Financial Health of Shradha Infraprojects Limited (5 min.)




4. Comparing to competitors in the Real Estate Services industry (5 min.)




  Industry Rankings (Real Estate Services)  


Richest
#414 / 460

Most Revenue
#313 / 460

Most Profit
#210 / 460

Most Efficient
#141 / 460

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

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

What can you expect buying and holding a share of Shradha Infraprojects Limited?

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

Speculation

The Price per Share of Shradha Infraprojects Limited is INR65.70. 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 Shradha Infraprojects 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 Shradha Infraprojects 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 INR36.38. Based on the TTM, the Book Value Change Per Share is INR6.07 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.67 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 INR1.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Shradha Infraprojects Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.080.1%0.080.1%0.010.0%0.030.0%0.020.0%
Usd Book Value Change Per Share0.070.1%0.070.1%0.010.0%0.010.0%0.030.1%
Usd Dividend Per Share0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.080.1%0.080.1%0.010.0%0.010.0%0.040.1%
Usd Price Per Share0.44-0.44-0.63-0.51-0.32-
Price to Earnings Ratio5.22-5.22-71.79-36.98-21.28-
Price-to-Total Gains Ratio5.18-5.18-71.61-19.09-16.42-
Price to Book Ratio1.01-1.01-1.72-1.26-0.79-
Price-to-Total Gains Ratio5.18-5.18-71.61-19.09-16.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.7884
Number of shares1268
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.070.01
Usd Total Gains Per Share0.080.01
Gains per Quarter (1268 shares)107.6016.46
Gains per Year (1268 shares)430.4165.85
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
161370420214556
21227398504290122
31831109128062135188
42431478171083180254
530418482140104225320
636522172570125271386
742625873000145316452
848729563430166361518
954833263860187406584
1060936954290208451650

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%11.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%10.01.00.090.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.04.060.0%6.00.05.054.5%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%10.01.00.090.9%

Fundamentals of Shradha Infraprojects Limited

About Shradha Infraprojects Limited

Shradha Infraprojects Limited, an infrastructure development company, engages in the real estate development business in India. The company develops residential, commercial, retail, and social infrastructure projects. It is involved in the construction of residential houses, commercial complexes, and business premises or civil works, as well as deals in real estate properties. In addition, the company provides engineering design and construction services. The company was formerly known as Shradha Infraprojects (Nagpur) Limited and changed its name to Shradha Infraprojects Limited in February 2019. Shradha Infraprojects Limited was incorporated in 1997 and is based in Nagpur, India.

Fundamental data was last updated by Penke on 2024-03-24 13:24:04.

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 operating efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just not able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Shradha Infraprojects Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Shradha Infraprojects Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • A Net Profit Margin of 15.7% 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 Shradha Infraprojects Limited:

  • The MRQ is 15.7%. The company is making a huge profit. +2
  • The TTM is 15.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ15.7%TTM15.7%0.0%
TTM15.7%YOY81.7%-66.0%
TTM15.7%5Y66.7%-51.0%
5Y66.7%10Y50.9%+15.7%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ15.7%5.3%+10.4%
TTM15.7%3.4%+12.3%
YOY81.7%12.2%+69.5%
5Y66.7%9.9%+56.8%
10Y50.9%12.4%+38.5%
1.1.2. Return on Assets

Shows how efficient Shradha Infraprojects Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • 5.6% Return on Assets means that Shradha Infraprojects Limited generated ₹0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Shradha Infraprojects Limited:

  • The MRQ is 5.6%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.6%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY0.6%+5.1%
TTM5.6%5Y2.0%+3.7%
5Y2.0%10Y4.1%-2.2%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%0.4%+5.2%
TTM5.6%0.4%+5.2%
YOY0.6%1.1%-0.5%
5Y2.0%1.0%+1.0%
10Y4.1%1.2%+2.9%
1.1.3. Return on Equity

Shows how efficient Shradha Infraprojects Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • 19.3% Return on Equity means Shradha Infraprojects Limited generated ₹0.19 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Shradha Infraprojects Limited:

  • The MRQ is 19.3%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.3%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.3%TTM19.3%0.0%
TTM19.3%YOY2.4%+16.9%
TTM19.3%5Y6.7%+12.6%
5Y6.7%10Y10.1%-3.4%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ19.3%1.0%+18.3%
TTM19.3%0.8%+18.5%
YOY2.4%2.2%+0.2%
5Y6.7%2.0%+4.7%
10Y10.1%2.7%+7.4%

1.2. Operating Efficiency of Shradha Infraprojects Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Shradha Infraprojects Limited is operating .

  • Measures how much profit Shradha Infraprojects 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 Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • An Operating Margin of 21.2% means the company generated ₹0.21  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Shradha Infraprojects Limited:

  • The MRQ is 21.2%. The company is operating efficient. +1
  • The TTM is 21.2%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ21.2%TTM21.2%0.0%
TTM21.2%YOY73.8%-52.5%
TTM21.2%5Y81.6%-60.3%
5Y81.6%10Y64.3%+17.3%
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ21.2%16.8%+4.4%
TTM21.2%10.8%+10.4%
YOY73.8%17.8%+56.0%
5Y81.6%17.4%+64.2%
10Y64.3%16.1%+48.2%
1.2.2. Operating Ratio

Measures how efficient Shradha Infraprojects Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • An Operation Ratio of 0.87 means that the operating costs are ₹0.87 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Shradha Infraprojects Limited:

  • The MRQ is 0.866. The company is less efficient in keeping operating costs low.
  • The TTM is 0.866. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.866TTM0.8660.000
TTM0.866YOY1.637-0.771
TTM0.8665Y1.259-0.393
5Y1.25910Y0.930+0.329
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8661.065-0.199
TTM0.8661.092-0.226
YOY1.6371.062+0.575
5Y1.2591.074+0.185
10Y0.9301.005-0.075

1.3. Liquidity of Shradha Infraprojects Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Shradha Infraprojects Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Real Estate Services industry mean).
  • A Current Ratio of 1.58 means the company has ₹1.58 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Shradha Infraprojects Limited:

  • The MRQ is 1.583. The company is able to pay all its short-term debts. +1
  • The TTM is 1.583. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.583TTM1.5830.000
TTM1.583YOY1.419+0.165
TTM1.5835Y1.843-0.260
5Y1.84310Y4.177-2.333
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5831.574+0.009
TTM1.5831.563+0.020
YOY1.4191.591-0.172
5Y1.8431.791+0.052
10Y4.1771.738+2.439
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • A Quick Ratio of 0.09 means the company can pay off ₹0.09 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Shradha Infraprojects Limited:

  • The MRQ is 0.092. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.092. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.092TTM0.0920.000
TTM0.092YOY0.021+0.070
TTM0.0925Y0.100-0.008
5Y0.10010Y0.350-0.250
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0920.499-0.407
TTM0.0920.543-0.451
YOY0.0210.895-0.874
5Y0.1000.990-0.890
10Y0.3500.938-0.588

1.4. Solvency of Shradha Infraprojects Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Shradha Infraprojects Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Shradha Infraprojects Limited to Real Estate Services industry mean.
  • A Debt to Asset Ratio of 0.71 means that Shradha Infraprojects Limited assets are financed with 70.7% credit (debt) and the remaining percentage (100% - 70.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Shradha Infraprojects Limited:

  • The MRQ is 0.707. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.707. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.707TTM0.7070.000
TTM0.707YOY0.763-0.055
TTM0.7075Y0.686+0.021
5Y0.68610Y0.587+0.100
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7070.514+0.193
TTM0.7070.523+0.184
YOY0.7630.512+0.251
5Y0.6860.527+0.159
10Y0.5870.525+0.062
1.4.2. Debt to Equity Ratio

Measures if Shradha Infraprojects Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • A Debt to Equity ratio of 241.8% means that company has ₹2.42 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Shradha Infraprojects Limited:

  • The MRQ is 2.418. The company is just not able to pay all its debts with equity.
  • The TTM is 2.418. The company is just not able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ2.418TTM2.4180.000
TTM2.418YOY3.209-0.792
TTM2.4185Y2.462-0.044
5Y2.46210Y1.755+0.706
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.4181.038+1.380
TTM2.4181.059+1.359
YOY3.2091.042+2.167
5Y2.4621.159+1.303
10Y1.7551.268+0.487

2. Market Valuation of Shradha Infraprojects 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 Shradha Infraprojects Limited generates.

  • Above 15 is considered overpriced but always compare Shradha Infraprojects Limited to the Real Estate Services industry mean.
  • A PE ratio of 5.22 means the investor is paying ₹5.22 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Shradha Infraprojects Limited:

  • The EOD is 9.372. Based on the earnings, the company is underpriced. +1
  • The MRQ is 5.221. Based on the earnings, the company is cheap. +2
  • The TTM is 5.221. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.372MRQ5.221+4.151
MRQ5.221TTM5.2210.000
TTM5.221YOY71.794-66.573
TTM5.2215Y36.981-31.760
5Y36.98110Y21.279+15.702
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD9.3724.304+5.068
MRQ5.2215.443-0.222
TTM5.2216.308-1.087
YOY71.7947.876+63.918
5Y36.9818.986+27.995
10Y21.2799.990+11.289
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 5.240. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.919. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.919. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.240MRQ2.919+2.321
MRQ2.919TTM2.9190.000
TTM2.919YOY-2.502+5.421
TTM2.9195Y-13.616+16.535
5Y-13.61610Y-9.363-4.253
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD5.2405.315-0.075
MRQ2.9195.800-2.881
TTM2.9194.240-1.321
YOY-2.5026.169-8.671
5Y-13.6164.451-18.067
10Y-9.3634.838-14.201
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Real Estate Services industry mean).
  • A PB ratio of 1.01 means the investor is paying ₹1.01 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Shradha Infraprojects Limited:

  • The EOD is 1.806. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.006. Based on the equity, the company is underpriced. +1
  • The TTM is 1.006. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.806MRQ1.006+0.800
MRQ1.006TTM1.0060.000
TTM1.006YOY1.722-0.716
TTM1.0065Y1.264-0.257
5Y1.26410Y0.788+0.476
Compared to industry (Real Estate Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.8060.731+1.075
MRQ1.0060.844+0.162
TTM1.0060.841+0.165
YOY1.7221.027+0.695
5Y1.2641.066+0.198
10Y0.7881.184-0.396
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Shradha Infraprojects 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--6.0726.0720%0.672+804%0.741+720%2.884+111%
Book Value Per Share--36.37836.3780%30.306+20%34.350+6%25.002+45%
Current Ratio--1.5831.5830%1.419+12%1.843-14%4.177-62%
Debt To Asset Ratio--0.7070.7070%0.763-7%0.686+3%0.587+21%
Debt To Equity Ratio--2.4182.4180%3.209-25%2.462-2%1.755+38%
Dividend Per Share--1.0001.0000%0.057+1646%0.341+193%0.200+400%
Eps--7.0107.0100%0.727+864%2.256+211%2.069+239%
Free Cash Flow Per Share--12.53712.5370%-20.862+266%-5.937+147%-2.456+120%
Free Cash Flow To Equity Per Share---0.546-0.5460%-4.419+709%-1.289+136%-0.368-33%
Gross Profit Margin--0.9960.9960%0.995+0%0.996+0%0.9980%
Intrinsic Value_10Y_max--348.194--------
Intrinsic Value_10Y_min--16.345--------
Intrinsic Value_1Y_max--5.609--------
Intrinsic Value_1Y_min---4.069--------
Intrinsic Value_3Y_max--39.169--------
Intrinsic Value_3Y_min---7.355--------
Intrinsic Value_5Y_max--99.635--------
Intrinsic Value_5Y_min---5.278--------
Market Cap1330385580.000+44%741128040.000741128040.0000%1057018680.000-30%856792612.800-13%531686470.860+39%
Net Profit Margin--0.1570.1570%0.817-81%0.667-76%0.509-69%
Operating Margin--0.2120.2120%0.738-71%0.816-74%0.643-67%
Operating Ratio--0.8660.8660%1.637-47%1.259-31%0.930-7%
Pb Ratio1.806+44%1.0061.0060%1.722-42%1.264-20%0.788+28%
Pe Ratio9.372+44%5.2215.2210%71.794-93%36.981-86%21.279-75%
Price Per Share65.700+44%36.60036.6000%52.200-30%42.312-13%26.257+39%
Price To Free Cash Flow Ratio5.240+44%2.9192.9190%-2.502+186%-13.616+566%-9.363+421%
Price To Total Gains Ratio9.291+44%5.1765.1760%71.607-93%19.088-73%16.417-68%
Quick Ratio--0.0920.0920%0.021+328%0.100-8%0.350-74%
Return On Assets--0.0560.0560%0.006+891%0.020+189%0.041+36%
Return On Equity--0.1930.1930%0.024+705%0.067+188%0.101+91%
Total Gains Per Share--7.0727.0720%0.729+870%1.082+554%3.084+129%
Usd Book Value--8839560.0008839560.0000%7364188.344+20%8346798.962+6%6075419.338+45%
Usd Book Value Change Per Share--0.0730.0730%0.008+804%0.009+720%0.035+111%
Usd Book Value Per Share--0.4370.4370%0.364+20%0.412+6%0.300+45%
Usd Dividend Per Share--0.0120.0120%0.001+1646%0.004+193%0.002+400%
Usd Eps--0.0840.0840%0.009+864%0.027+211%0.025+239%
Usd Free Cash Flow--3046476.0003046476.0000%-5069423.220+266%-1442762.957+147%-596669.492+120%
Usd Free Cash Flow Per Share--0.1500.1500%-0.250+266%-0.071+147%-0.029+120%
Usd Free Cash Flow To Equity Per Share---0.007-0.0070%-0.053+709%-0.015+136%-0.004-33%
Usd Market Cap15964626.960+44%8893536.4808893536.4800%12684224.160-30%10281511.354-13%6380237.650+39%
Usd Price Per Share0.788+44%0.4390.4390%0.626-30%0.508-13%0.315+39%
Usd Profit--1703376.0001703376.0000%176676.000+864%548151.185+211%501045.760+240%
Usd Revenue--10850664.00010850664.0000%216168.144+4920%2560759.188+324%2267545.945+379%
Usd Total Gains Per Share--0.0850.0850%0.009+870%0.013+554%0.037+129%
 EOD+4 -4MRQTTM+0 -0YOY+29 -75Y+26 -1010Y+23 -13

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.372
Price to Book Ratio (EOD)Between0-11.806
Net Profit Margin (MRQ)Greater than00.157
Operating Margin (MRQ)Greater than00.212
Quick Ratio (MRQ)Greater than10.092
Current Ratio (MRQ)Greater than11.583
Debt to Asset Ratio (MRQ)Less than10.707
Debt to Equity Ratio (MRQ)Less than12.418
Return on Equity (MRQ)Greater than0.150.193
Return on Assets (MRQ)Greater than0.050.056
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.343
Ma 20Greater thanMa 5066.020
Ma 50Greater thanMa 10066.965
Ma 100Greater thanMa 20065.176
OpenGreater thanClose63.900
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Other Stockholders Equity  213,120-86,640126,480-4,821121,6590121,659-683,441-561,782



Latest Balance Sheet

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

Summary
Total Assets2,516,120
Total Liabilities1,779,490
Total Stockholder Equity736,037
 As reported
Total Liabilities 1,779,490
Total Stockholder Equity+ 736,037
Total Assets = 2,516,120

Assets

Total Assets2,516,120
Total Current Assets2,255,142
Long-term Assets260,978
Total Current Assets
Cash And Cash Equivalents 18,066
Short-term Investments 1,649
Net Receivables 109,037
Inventory 2,108,794
Other Current Assets 17,596
Total Current Assets  (as reported)2,255,142
Total Current Assets  (calculated)2,255,142
+/-0
Long-term Assets
Property Plant Equipment 237,141
Other Assets 2,922
Long-term Assets  (as reported)260,978
Long-term Assets  (calculated)240,063
+/- 20,915

Liabilities & Shareholders' Equity

Total Current Liabilities1,424,435
Long-term Liabilities355,055
Total Stockholder Equity736,037
Total Current Liabilities
Short-term Debt 1,202,192
Short Long Term Debt 1,202,192
Accounts payable 99,010
Other Current Liabilities 93,749
Total Current Liabilities  (as reported)1,424,435
Total Current Liabilities  (calculated)2,597,143
+/- 1,172,708
Long-term Liabilities
Long term Debt Total 346,576
Other Liabilities 8,479
Long-term Liabilities  (as reported)355,055
Long-term Liabilities  (calculated)355,055
+/-0
Total Stockholder Equity
Common Stock101,247
Retained Earnings 460,535
Accumulated Other Comprehensive Income 52,596
Total Stockholder Equity (as reported)736,037
Total Stockholder Equity (calculated)614,378
+/- 121,659
Other
Capital Stock101,247
Cash And Equivalents18,066
Cash and Short Term Investments 19,715
Common Stock Shares Outstanding 20,249
Current Deferred Revenue29,484
Liabilities and Stockholders Equity 2,516,120
Net Debt 1,530,702
Net Invested Capital 2,284,805
Net Tangible Assets 736,037
Net Working Capital 830,707
Property Plant and Equipment Gross 237,141
Short Long Term Debt Total 1,548,768



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-31
> Total Assets 
291,302
320,193
419,296
600,831
553,786
1,065,877
1,926,918
2,076,189
2,181,279
2,585,163
2,516,120
2,516,1202,585,1632,181,2792,076,1891,926,9181,065,877553,786600,831419,296320,193291,302
   > Total Current Assets 
130,787
152,062
305,841
490,698
446,223
938,838
1,799,029
1,927,195
2,041,540
2,402,155
2,255,142
2,255,1422,402,1552,041,5401,927,1951,799,029938,838446,223490,698305,841152,062130,787
       Cash And Cash Equivalents 
3,436
12,077
1,215
116,545
187,390
125,174
105,563
109,094
104,090
17,150
18,066
18,06617,150104,090109,094105,563125,174187,390116,5451,21512,0773,436
       Short-term Investments 
0
0
0
0
0
0
-319
71
109
2,349
1,649
1,6492,34910971-319000000
       Net Receivables 
0
0
0
0
5,227
8,757
2,713
19,647
10,239
16,751
109,037
109,03716,75110,23919,6472,7138,7575,2270000
       Inventory 
114,212
132,680
297,760
292,347
226,815
782,939
1,671,361
1,798,455
1,927,210
2,368,254
2,108,794
2,108,7942,368,2541,927,2101,798,4551,671,361782,939226,815292,347297,760132,680114,212
       Other Current Assets 
13,139
7,305
6,866
81,806
32,018
30,724
22,105
0
0
0
17,596
17,59600022,10530,72432,01881,8066,8667,30513,139
   > Long-term Assets 
160,515
168,131
113,455
110,133
107,563
127,040
127,890
148,994
139,739
183,007
260,978
260,978183,007139,739148,994127,890127,040107,563110,133113,455168,131160,515
       Property Plant Equipment 
142,308
148,394
90,585
88,718
87,006
119,879
118,394
140,895
132,170
160,261
237,141
237,141160,261132,170140,895118,394119,87987,00688,71890,585148,394142,308
       Goodwill 
0
0
0
0
12
12
12
12
12
1
0
0112121212120000
       Intangible Assets 
0
0
0
0
0
8
6
4
3
1
0
01346800000
       Long-term Assets Other 
18,186
19,737
22,798
21,347
20,497
5,895
0
319
84
589
2,236
2,2365898431905,89520,49721,34722,79819,73718,186
> Total Liabilities 
138,699
157,534
247,617
342,136
223,420
404,260
1,182,357
1,293,311
1,581,198
1,971,480
1,779,490
1,779,4901,971,4801,581,1981,293,3111,182,357404,260223,420342,136247,617157,534138,699
   > Total Current Liabilities 
39,925
8,554
34,127
338,211
220,620
401,460
850,935
744,812
1,350,061
1,693,237
1,424,435
1,424,4351,693,2371,350,061744,812850,935401,460220,620338,21134,1278,55439,925
       Short-term Debt 
2,238
0
29,981
156
88,880
259,914
703,572
606,812
1,244,597
1,520,862
1,202,192
1,202,1921,520,8621,244,597606,812703,572259,91488,88015629,98102,238
       Short Long Term Debt 
0
0
0
0
0
259,914
703,572
606,812
1,244,597
1,520,862
1,202,192
1,202,1921,520,8621,244,597606,812703,572259,91400000
       Accounts payable 
32,895
3,879
938
71,151
77,719
387
1,109
4,815
11,882
56,171
99,010
99,01056,17111,8824,8151,10938777,71971,1519383,87932,895
       Other Current Liabilities 
4,792
4,675
3,208
266,904
54,021
141,160
18,901
13,723
1,675
89,990
93,749
93,74989,9901,67513,72318,901141,16054,021266,9043,2084,6754,792
   > Long-term Liabilities 
98,774
148,980
213,490
3,925
2,800
2,800
331,422
548,499
231,137
278,243
355,055
355,055278,243231,137548,499331,4222,8002,8003,925213,490148,98098,774
       Long term Debt Total 
0
0
0
0
0
0
312,922
545,699
228,337
272,658
346,576
346,576272,658228,337545,699312,922000000
       Other Liabilities 
0
0
0
0
0
2,800
18,500
2,800
3,000
5,585
8,479
8,4795,5853,0002,80018,5002,80000000
> Total Stockholder Equity
152,603
162,660
171,680
258,694
305,387
519,382
604,436
618,078
600,724
614,275
736,037
736,037614,275600,724618,078604,436519,382305,387258,694171,680162,660152,603
   Common Stock
2,889
2,889
2,889
2,889
2,889
96,426
96,426
96,426
101,247
101,247
101,247
101,247101,247101,24796,42696,42696,4262,8892,8892,8892,8892,889
   Retained Earnings 
145,103
155,160
164,180
251,171
297,887
261,954
294,890
308,660
325,287
338,838
460,535
460,535338,838325,287308,660294,890261,954297,887251,171164,180155,160145,103
   Capital Surplus 00000000000
   Treasury Stock00000000000
   Other Stockholders Equity 
4,611
4,611
4,611
4,634
4,611
161,002
213,120
126,480
121,659
121,659
-561,782
-561,782121,659121,659126,480213,120161,0024,6114,6344,6114,6114,611



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 (+$)
totalRevenue904,222
Cost of Revenue-767,141
Gross Profit137,081137,081
 
Operating Income (+$)
Gross Profit137,081
Operating Expense-15,991
Operating Income135,356121,090
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,527
Selling And Marketing Expenses503
Operating Expense15,9912,030
 
Net Interest Income (+$)
Interest Income421
Interest Expense-421
Other Finance Cost-421
Net Interest Income-421
 
Pretax Income (+$)
Operating Income135,356
Net Interest Income-421
Other Non-Operating Income Expenses0
Income Before Tax (EBT)191,50079,213
EBIT - interestExpense = 191,500
190,809
142,369
Interest Expense421
Earnings Before Interest and Taxes (EBIT)191,921191,921
Earnings Before Interest and Taxes (EBITDA)193,161
 
After tax Income (+$)
Income Before Tax191,500
Tax Provision-48,861
Net Income From Continuing Ops142,638142,639
Net Income141,948
Net Income Applicable To Common Shares141,948
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses783,132
Total Other Income/Expenses Net56,143421
 

Technical Analysis of Shradha Infraprojects 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 Shradha Infraprojects Limited. The general trend of Shradha Infraprojects Limited is BULLISH with 28.6% 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 Shradha Infraprojects 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 (28.6%) Bearish trend (-28.6%)
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 Shradha Infraprojects 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: 75.00 < 75.00 < 77.00.

The bearish price targets are: 56.50 > 56.00 > 56.00.

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Shradha Infraprojects 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 Shradha Infraprojects Limited. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-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 higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher 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 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

Shradha Infraprojects 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 Shradha Infraprojects Limited. The current macd is -1.11873658.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal 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 Shradha Infraprojects Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Shradha Infraprojects Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Shradha Infraprojects Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Shradha Infraprojects Limited Daily Moving Average Convergence/Divergence (MACD) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current adx is 17.85.

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 Shradha Infraprojects 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
Shradha Infraprojects 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 Shradha Infraprojects Limited. The current sar is 56.00.

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
Shradha Infraprojects 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 Shradha Infraprojects Limited. The current rsi is 50.34. 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
Shradha Infraprojects Limited Daily Relative Strength Index (RSI) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current phase is Continuation in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Shradha Infraprojects Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Shradha Infraprojects Limited Daily Stochastic Oscillator ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current cci is 12.71.

Shradha Infraprojects Limited Daily Commodity Channel Index (CCI) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current cmo is 5.07430508.

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
Shradha Infraprojects Limited Daily Chande Momentum Oscillator (CMO) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current willr is -48.94736842.

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 Shradha Infraprojects Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Shradha Infraprojects Limited Daily Williams %R ChartShradha Infraprojects 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 Shradha Infraprojects Limited.

Shradha Infraprojects 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 Shradha Infraprojects Limited. The current atr is 4.98485427.

Shradha Infraprojects Limited Daily Average True Range (ATR) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current obv is 13,601,382.

Shradha Infraprojects Limited Daily On-Balance Volume (OBV) ChartShradha Infraprojects 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 Shradha Infraprojects Limited. The current mfi is 80.76.

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

  • MFI > 50: +1
  • MFI > 80: +1
Shradha Infraprojects Limited Daily Money Flow Index (MFI) ChartShradha Infraprojects Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Shradha Infraprojects 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
2023-11-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH 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).
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-03SAR 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
2024-01-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH 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
2024-01-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-20STOCH 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
2024-01-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04CCI 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).
2024-03-05ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-06RSI 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
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13WILLR 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).
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28DMI 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
MFI LONG ENTRY SHORT CLOSE80 crossover to upside

6.3. Candlestick Patterns

Shradha Infraprojects Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.343
Ma 20Greater thanMa 5066.020
Ma 50Greater thanMa 10066.965
Ma 100Greater thanMa 20065.176
OpenGreater thanClose63.900
Total3/5 (60.0%)
Penke

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