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SHARDA ISPAT LTD.
Buy, Hold or Sell?

Let's analyze SHARDA ISPAT LTD. together

I guess you are interested in SHARDA ISPAT 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 SHARDA ISPAT 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.

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1. Quick Overview

1.1. Quick analysis of SHARDA ISPAT LTD. (30 sec.)










1.2. What can you expect buying and holding a share of SHARDA ISPAT LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR101.79
Expected worth in 1 year
INR218.78
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR116.99
Return On Investment
35.9%

For what price can you sell your share?

Current Price per Share
INR325.50
Expected price per share
INR276.00 - INR419.00
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of SHARDA ISPAT LTD. (5 min.)




Live pricePrice per Share (EOD)
INR325.50
Intrinsic Value Per Share
INR45.74 - INR111.66
Total Value Per Share
INR147.54 - INR213.45

2.2. Growth of SHARDA ISPAT LTD. (5 min.)




Is SHARDA ISPAT LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$6m$4.3m$1.7m28.7%

How much money is SHARDA ISPAT LTD. making?

Current yearPrevious yearGrowGrow %
Making money$1.6m$471.3k$1.1m71.4%
Net Profit Margin6.1%2.8%--

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

2.3. Financial Health of SHARDA ISPAT LTD. (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of SHARDA ISPAT LTD.?

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

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

Speculation

The Price per Share of SHARDA ISPAT LTD. is INR325.50. 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 SHARDA ISPAT LTD..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR101.79. Based on the TTM, the Book Value Change Per Share is INR29.25 per quarter. Based on the YOY, the Book Value Change Per Share is INR8.80 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of SHARDA ISPAT LTD..

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.320.1%0.320.1%0.090.0%0.130.0%0.130.0%
Usd Book Value Change Per Share0.350.1%0.350.1%0.100.0%0.150.0%0.200.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.350.1%0.350.1%0.100.0%0.150.0%0.200.1%
Usd Price Per Share3.63-3.63-0.77-1.16-1.10-
Price to Earnings Ratio11.19-11.19-8.26-7.65-7.22-
Price-to-Total Gains Ratio10.53-10.53-7.39-7.57-6.42-
Price to Book Ratio3.03-3.03-0.90-1.18-1.29-
Price-to-Total Gains Ratio10.53-10.53-7.39-7.57-6.42-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.8409
Number of shares260
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.350.15
Usd Total Gains Per Share0.350.15
Gains per Quarter (260 shares)89.7339.56
Gains per Year (260 shares)358.91158.22
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103593490158148
207187080316306
30107710670475464
40143614260633622
50179517850791780
60215321440949938
7025122503011081096
8028712862012661254
9032303221014241412
10035893580015821570

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%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of SHARDA ISPAT 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--29.24629.2460%8.801+232%12.893+127%16.965+72%
Book Value Per Share--101.792101.7920%72.546+40%67.405+51%62.392+63%
Current Ratio--2.9472.9470%2.178+35%2.744+7%2.643+12%
Debt To Asset Ratio--0.3260.3260%0.377-13%0.317+3%0.338-3%
Debt To Equity Ratio--0.4850.4850%0.605-20%0.469+3%0.523-7%
Dividend Per Share----0%-0%-0%-0%
Eps--27.52227.5220%7.868+250%11.042+149%11.426+141%
Free Cash Flow Per Share--14.38214.3820%-15.153+205%2.825+409%0.496+2798%
Free Cash Flow To Equity Per Share--14.38214.3820%-15.153+205%1.048+1273%-0.640+104%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--111.655--------
Intrinsic Value_10Y_min--45.744--------
Intrinsic Value_1Y_max--4.639--------
Intrinsic Value_1Y_min--2.344--------
Intrinsic Value_3Y_max--18.929--------
Intrinsic Value_3Y_min--9.025--------
Intrinsic Value_5Y_max--39.238--------
Intrinsic Value_5Y_min--17.826--------
Market Cap--1563654400.0001563654400.0000%329992000.000+374%498694064.000+214%473106386.667+231%
Net Profit Margin--0.0610.0610%0.028+121%0.038+62%0.041+48%
Operating Margin----0%-0%0.010-100%0.021-100%
Operating Ratio--1.7241.7240%1.804-4%1.790-4%1.782-3%
Pb Ratio3.198+5%3.0263.0260%0.896+238%1.182+156%1.289+135%
Pe Ratio11.827+5%11.19111.1910%8.261+35%7.647+46%7.222+55%
Price Per Share325.500+5%308.000308.0000%65.000+374%98.230+214%93.192+231%
Price To Free Cash Flow Ratio22.633+5%21.41621.4160%-4.290+120%-51.437+340%-43.881+305%
Price To Total Gains Ratio11.130+5%10.53110.5310%7.386+43%7.566+39%6.417+64%
Quick Ratio--0.5230.5230%0.578-10%1.083-52%1.101-53%
Return On Assets--0.1820.1820%0.068+170%0.103+77%0.119+53%
Return On Equity--0.2700.2700%0.108+149%0.151+79%0.186+46%
Total Gains Per Share--29.24629.2460%8.801+232%12.893+127%16.965+72%
Usd Book Value--6098004.0006098004.0000%4345963.600+40%4037972.487+51%3737603.526+63%
Usd Book Value Change Per Share--0.3450.3450%0.104+232%0.152+127%0.200+72%
Usd Book Value Per Share--1.2011.2010%0.856+40%0.795+51%0.736+63%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.3250.3250%0.093+250%0.130+149%0.135+141%
Usd Free Cash Flow--861565.200861565.2000%-907750.400+205%169235.978+409%29744.162+2797%
Usd Free Cash Flow Per Share--0.1700.1700%-0.179+205%0.033+409%0.006+2798%
Usd Free Cash Flow To Equity Per Share--0.1700.1700%-0.179+205%0.012+1273%-0.008+104%
Usd Market Cap--18451121.92018451121.9200%3893905.600+374%5884589.955+214%5582655.363+231%
Usd Price Per Share3.841+5%3.6343.6340%0.767+374%1.159+214%1.100+231%
Usd Profit--1648743.2001648743.2000%471362.800+250%661512.897+149%684467.209+141%
Usd Revenue--26817305.40026817305.4000%16906249.400+59%16002680.804+68%15580838.049+72%
Usd Total Gains Per Share--0.3450.3450%0.104+232%0.152+127%0.200+72%
 EOD+2 -4MRQTTM+0 -0YOY+27 -55Y+25 -810Y+27 -6

3.3 Fundamental Score

Let's check the fundamental score of SHARDA ISPAT LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.827
Price to Book Ratio (EOD)Between0-13.198
Net Profit Margin (MRQ)Greater than00.061
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.523
Current Ratio (MRQ)Greater than12.947
Debt to Asset Ratio (MRQ)Less than10.326
Debt to Equity Ratio (MRQ)Less than10.485
Return on Equity (MRQ)Greater than0.150.270
Return on Assets (MRQ)Greater than0.050.182
Total7/10 (70.0%)

3.4 Technical Score

Let's check the technical score of SHARDA ISPAT LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.186
Ma 20Greater thanMa 50418.605
Ma 50Greater thanMa 100424.993
Ma 100Greater thanMa 200476.209
OpenGreater thanClose325.500
Total1/5 (20.0%)

4. In-depth Analysis

4.1 About SHARDA ISPAT LTD.

4.2 In-depth Summary

4.2.1. Financial Health Summary

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

4.2.2. Valuation Summary

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

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit SHARDA ISPAT LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare SHARDA ISPAT LTD. to the  industry mean.
  • A Net Profit Margin of 6.1% means that ₹0.06 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SHARDA ISPAT LTD.:

  • The MRQ is 6.1%. The company is making a profit. +1
  • The TTM is 6.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ6.1%TTM6.1%0.0%
TTM6.1%YOY2.8%+3.4%
TTM6.1%5Y3.8%+2.4%
5Y3.8%10Y4.1%-0.4%
4.3.1.2. Return on Assets

Shows how efficient SHARDA ISPAT LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare SHARDA ISPAT LTD. to the  industry mean.
  • 18.2% Return on Assets means that SHARDA ISPAT LTD. generated ₹0.18 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SHARDA ISPAT LTD.:

  • The MRQ is 18.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 18.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ18.2%TTM18.2%0.0%
TTM18.2%YOY6.8%+11.5%
TTM18.2%5Y10.3%+7.9%
5Y10.3%10Y11.9%-1.6%
4.3.1.3. Return on Equity

Shows how efficient SHARDA ISPAT LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare SHARDA ISPAT LTD. to the  industry mean.
  • 27.0% Return on Equity means SHARDA ISPAT LTD. generated ₹0.27 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SHARDA ISPAT LTD.:

  • The MRQ is 27.0%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 27.0%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ27.0%TTM27.0%0.0%
TTM27.0%YOY10.8%+16.2%
TTM27.0%5Y15.1%+11.9%
5Y15.1%10Y18.6%-3.4%
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4.3.2. Operating Efficiency of SHARDA ISPAT LTD..

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient SHARDA ISPAT LTD. is operating .

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

Let's take a look of the Operating Margin trends of SHARDA ISPAT LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.0%-1.0%
5Y1.0%10Y2.1%-1.1%
4.3.2.2. Operating Ratio

Measures how efficient SHARDA ISPAT LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 1.72 means that the operating costs are ₹1.72 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of SHARDA ISPAT LTD.:

  • The MRQ is 1.724. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.724. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.724TTM1.7240.000
TTM1.724YOY1.804-0.080
TTM1.7245Y1.790-0.067
5Y1.79010Y1.782+0.009
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4.4.3. Liquidity of SHARDA ISPAT LTD..

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if SHARDA ISPAT LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 2.95 means the company has ₹2.95 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of SHARDA ISPAT LTD.:

  • The MRQ is 2.947. The company is able to pay all its short-term debts. +1
  • The TTM is 2.947. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.947TTM2.9470.000
TTM2.947YOY2.178+0.768
TTM2.9475Y2.744+0.203
5Y2.74410Y2.643+0.101
4.4.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare SHARDA ISPAT LTD. to the  industry mean.
  • A Quick Ratio of 0.52 means the company can pay off ₹0.52 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SHARDA ISPAT LTD.:

  • The MRQ is 0.523. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.523. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.578-0.055
TTM0.5235Y1.083-0.560
5Y1.08310Y1.101-0.018
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4.5.4. Solvency of SHARDA ISPAT LTD..

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of SHARDA ISPAT LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare SHARDA ISPAT LTD. to industry mean.
  • A Debt to Asset Ratio of 0.33 means that SHARDA ISPAT LTD. assets are financed with 32.6% credit (debt) and the remaining percentage (100% - 32.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SHARDA ISPAT LTD.:

  • The MRQ is 0.326. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.326. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.326TTM0.3260.000
TTM0.326YOY0.377-0.051
TTM0.3265Y0.317+0.009
5Y0.31710Y0.338-0.021
4.5.4.2. Debt to Equity Ratio

Measures if SHARDA ISPAT LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare SHARDA ISPAT LTD. to the  industry mean.
  • A Debt to Equity ratio of 48.5% means that company has ₹0.48 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SHARDA ISPAT LTD.:

  • The MRQ is 0.485. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.485. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.485TTM0.4850.000
TTM0.485YOY0.605-0.121
TTM0.4855Y0.469+0.015
5Y0.46910Y0.523-0.054
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

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

  • Above 15 is considered overpriced but always compare SHARDA ISPAT LTD. to the  industry mean.
  • A PE ratio of 11.19 means the investor is paying ₹11.19 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SHARDA ISPAT LTD.:

  • The EOD is 11.827. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.191. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.191. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.827MRQ11.191+0.636
MRQ11.191TTM11.1910.000
TTM11.191YOY8.261+2.930
TTM11.1915Y7.647+3.544
5Y7.64710Y7.222+0.425
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SHARDA ISPAT LTD.:

  • The EOD is 22.633. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 21.416. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is 21.416. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD22.633MRQ21.416+1.217
MRQ21.416TTM21.4160.000
TTM21.416YOY-4.290+25.705
TTM21.4165Y-51.437+72.853
5Y-51.43710Y-43.881-7.556
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of SHARDA ISPAT LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 3.03 means the investor is paying ₹3.03 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of SHARDA ISPAT LTD.:

  • The EOD is 3.198. Based on the equity, the company is fair priced.
  • The MRQ is 3.026. Based on the equity, the company is fair priced.
  • The TTM is 3.026. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.198MRQ3.026+0.172
MRQ3.026TTM3.0260.000
TTM3.026YOY0.896+2.130
TTM3.0265Y1.182+1.843
5Y1.18210Y1.289-0.107
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets767,243
Total Liabilities250,463
Total Stockholder Equity516,780
 As reported
Total Liabilities 250,463
Total Stockholder Equity+ 516,780
Total Assets = 767,243

Assets

Total Assets767,243
Total Current Assets732,284
Long-term Assets34,960
Total Current Assets
Cash And Cash Equivalents 11,750
Short-term Investments 3,085
Net Receivables 126,776
Inventory 269,558
Other Current Assets 29,833
Total Current Assets  (as reported)732,284
Total Current Assets  (calculated)441,002
+/- 291,282
Long-term Assets
Property Plant Equipment 23,782
Long-term Assets Other 1
Long-term Assets  (as reported)34,960
Long-term Assets  (calculated)23,783
+/- 11,177

Liabilities & Shareholders' Equity

Total Current Liabilities248,498
Long-term Liabilities1,965
Total Stockholder Equity516,780
Total Current Liabilities
Short Long Term Debt 211,188
Accounts payable 14,423
Other Current Liabilities 7,700
Total Current Liabilities  (as reported)248,498
Total Current Liabilities  (calculated)233,311
+/- 15,187
Long-term Liabilities
Long-term Liabilities  (as reported)1,965
Long-term Liabilities  (calculated)0
+/- 1,965
Total Stockholder Equity
Total Stockholder Equity (as reported)516,780
Total Stockholder Equity (calculated)0
+/- 516,780
Other
Capital Stock50,768
Common Stock Shares Outstanding 5,077
Net Debt 199,438
Net Invested Capital 727,968
Net Working Capital 483,786



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
339,524
328,875
401,368
436,387
591,294
767,243
767,243591,294436,387401,368328,875339,52400
   > Total Current Assets 
206,864
305,836
308,696
289,179
298,107
317,862
455,938
732,284
732,284455,938317,862298,107289,179308,696305,836206,864
       Cash And Cash Equivalents 
0
0
13,611
116
72
10,517
12,322
11,750
11,75012,32210,5177211613,61100
       Short-term Investments 
0
0
2,536
1,933
2,291
403
2,500
3,085
3,0852,5004032,2911,9332,53600
       Net Receivables 
81,291
208,049
169,437
189,426
122,471
128,995
118,407
126,776
126,776118,407128,995122,471189,426169,437208,04981,291
       Inventory 
96,272
60,721
67,691
56,044
70,126
83,280
117,043
269,558
269,558117,04383,28070,12656,04467,69160,72196,272
       Other Current Assets 
26,747
27,700
55,295
41,230
26
64
1
29,833
29,8331642641,23055,29527,70026,747
   > Long-term Assets 
0
0
30,828
39,696
103,261
118,525
135,356
34,960
34,960135,356118,525103,26139,69630,82800
       Property Plant Equipment 
24,253
22,151
22,457
30,322
23,340
16,929
30,922
23,782
23,78230,92216,92923,34030,32222,45722,15124,253
       Intangible Assets 
0
0
155
119
83
47
18
0
018478311915500
       Long-term Assets Other 
0
0
0
0
30
1
1
1
111300000
> Total Liabilities 
0
0
150,053
102,969
124,972
112,766
222,992
250,463
250,463222,992112,766124,972102,969150,05300
   > Total Current Liabilities 
155,668
207,793
144,452
93,509
118,946
106,119
209,299
248,498
248,498209,299106,119118,94693,509144,452207,793155,668
       Short Long Term Debt 
0
0
91,558
60,236
78,869
76,047
174,653
211,188
211,188174,65376,04778,86960,23691,55800
       Accounts payable 
57,444
114,437
27,304
14,818
21,146
12,327
16,022
14,423
14,42316,02212,32721,14614,81827,304114,43757,444
       Other Current Liabilities 
23,585
18,256
23,662
9,778
7,784
13,276
-1
7,700
7,700-113,2767,7849,77823,66218,25623,585
   > Long-term Liabilities 
0
0
5,601
9,459
6,026
6,647
13,693
1,965
1,96513,6936,6476,0269,4595,60100
       Capital Lease Obligations Min Short Term Debt
0
0
0
10,883
5,786
60
12,582
6,741
6,74112,582605,78610,883000
       Long-term Liabilities Other 
0
0
0
0
-1
-1
1
0
01-1-10000
> Total Stockholder Equity
0
0
189,471
225,906
276,396
323,621
368,302
516,780
516,780368,302323,621276,396225,906189,47100
   Retained Earnings 
-2,039
40,436
108,824
145,259
195,749
242,974
287,655
0
0287,655242,974195,749145,259108,82440,436-2,039
   Accumulated Other Comprehensive Income 00000000
   Capital Surplus 00000000
   Treasury Stock00000000



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue2,272,653
Cost of Revenue-1,829,050
Gross Profit443,603443,603
 
Operating Income (+$)
Gross Profit443,603
Operating Expense-2,088,803
Operating Income183,850-1,645,200
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense2,088,8030
 
Net Interest Income (+$)
Interest Income0
Interest Expense-13,848
Other Finance Cost-0
Net Interest Income-13,848
 
Pretax Income (+$)
Operating Income183,850
Net Interest Income-13,848
Other Non-Operating Income Expenses0
Income Before Tax (EBT)187,687183,850
EBIT - interestExpense = -13,848
139,724
153,572
Interest Expense13,848
Earnings Before Interest and Taxes (EBIT)0201,535
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax187,687
Tax Provision-47,963
Net Income From Continuing Ops139,724139,724
Net Income139,724
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 Net013,848
 

Technical Analysis of SHARDA ISPAT LTD.
The psychology behind the price

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

General trend

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

Indicator phases

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

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

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of SHARDA ISPAT 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: 378.00 < 401.00 < 419.00.

The bearish price targets are: 305.90 > 298.95 > 276.00.

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SHARDA ISPAT 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 SHARDA ISPAT LTD.. The current mas is .

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

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is 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 lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending 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

SHARDA ISPAT 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 SHARDA ISPAT LTD.. The current macd is -21.56657439.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-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 SHARDA ISPAT LTD. price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for SHARDA ISPAT LTD.. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the SHARDA ISPAT LTD. price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending 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
SHARDA ISPAT LTD. Daily Moving Average Convergence/Divergence (MACD) ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current adx is 19.86.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-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 SHARDA ISPAT LTD. shares, leading to potential downward 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 bearish trend could be forming. -1
SHARDA ISPAT 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 SHARDA ISPAT LTD.. The current sar is 464.89.

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
SHARDA ISPAT LTD. Daily Parabolic SAR Chart
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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 SHARDA ISPAT LTD.. The current rsi is 24.19. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
  • Trending down: The RSI is trending down. -1
SHARDA ISPAT LTD. Daily Relative Strength Index (RSI) ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • 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 SHARDA ISPAT LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
SHARDA ISPAT LTD. Daily Stochastic Oscillator ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current cci is -218.16933863.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
SHARDA ISPAT LTD. Daily Commodity Channel Index (CCI) ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current cmo is -64.86210985.

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
SHARDA ISPAT LTD. Daily Chande Momentum Oscillator (CMO) ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
SHARDA ISPAT LTD. Daily Williams %R ChartSHARDA ISPAT LTD. Daily Williams %R Chart
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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 SHARDA ISPAT LTD..

SHARDA ISPAT 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 SHARDA ISPAT LTD.. The current atr is 15.95.

SHARDA ISPAT LTD. Daily Average True Range (ATR) ChartSHARDA ISPAT LTD. Daily Average True Range (ATR) Chart
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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 SHARDA ISPAT LTD.. The current obv is 112,828.

SHARDA ISPAT LTD. Daily On-Balance Volume (OBV) ChartSHARDA ISPAT 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 SHARDA ISPAT LTD.. The current mfi is 29.19.

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
SHARDA ISPAT LTD. Daily Money Flow Index (MFI) ChartSHARDA ISPAT LTD. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SHARDA ISPAT 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
2024-07-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-07-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-10MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-11DMI 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.
2024-07-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-07-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-07-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-08-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-08-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-08-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-16DMI 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
2024-08-21CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-08-22MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-08-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-08-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-09STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-09-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-09-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-16RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-09-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-09-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-24MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-09-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-09-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-09-27ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-09-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-01STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-10-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-10-09CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-10MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-10-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-10-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-10-16MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-10-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-10-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-10-25SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-10-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-10-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-10-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-11-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
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).
2024-11-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-13CMO 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).
2024-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-18ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-21ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-11-22ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

SHARDA ISPAT LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SHARDA ISPAT LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5024.186
Ma 20Greater thanMa 50418.605
Ma 50Greater thanMa 100424.993
Ma 100Greater thanMa 200476.209
OpenGreater thanClose325.500
Total1/5 (20.0%)
Penke
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