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SKF India Limited
Buy, Hold or Sell?

Let's analyse Skf together

PenkeI guess you are interested in SKF India 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 SKF India Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Skf (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.70
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR473.60
Expected worth in 1 year
INR842.30
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR426.90
Return On Investment
10.3%

For what price can you sell your share?

Current Price per Share
INR4,158.65
Expected price per share
INR4,025 - INR4,754
How sure are you?
50%

1. Valuation of Skf (5 min.)




Live pricePrice per Share (EOD)

INR4,158.65

Intrinsic Value Per Share

INR621.74 - INR1,514.95

Total Value Per Share

INR1,095.34 - INR1,988.55

2. Growth of Skf (5 min.)




Is Skf growing?

Current yearPrevious yearGrowGrow %
How rich?$280.9m$226.2m$54.6m19.5%

How much money is Skf making?

Current yearPrevious yearGrowGrow %
Making money$62.9m$47.3m$15.5m24.8%
Net Profit Margin12.2%10.8%--

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

3. Financial Health of Skf (5 min.)




4. Comparing to competitors in the Tools & Accessories industry (5 min.)




  Industry Rankings (Tools & Accessories)  


Richest
#29 / 97

Most Revenue
#15 / 97

Most Profit
#10 / 97

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

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

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

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

Speculation

The Price per Share of Skf is INR4,159. 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 Skf.
  • 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 Skf, 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 INR473.60. Based on the TTM, the Book Value Change Per Share is INR92.17 per quarter. Based on the YOY, the Book Value Change Per Share is INR65.11 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 INR14.55 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Skf.

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 Eps1.270.0%1.270.0%0.960.0%0.890.0%0.710.0%
Usd Book Value Change Per Share1.110.0%1.110.0%0.780.0%0.280.0%0.310.0%
Usd Dividend Per Share0.170.0%0.170.0%0.170.0%0.450.0%0.300.0%
Usd Total Gains Per Share1.280.0%1.280.0%0.960.0%0.730.0%0.600.0%
Usd Price Per Share51.07-51.07-42.41-32.53-24.47-
Price to Earnings Ratio40.08-40.08-44.24-35.59-33.15-
Price-to-Total Gains Ratio39.88-39.88-44.40--15.45-11.26-
Price to Book Ratio8.99-8.99-9.27-7.07-5.76-
Price-to-Total Gains Ratio39.88-39.88-44.40--15.45-11.26-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share49.9038
Number of shares20
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.170.45
Usd Book Value Change Per Share1.110.28
Usd Total Gains Per Share1.280.73
Gains per Quarter (20 shares)25.6114.68
Gains per Year (20 shares)102.4658.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1148892362349
2281771947245108
34226529610868167
45635439814491226
570442500181113285
684531602217136344
798619704253158403
8112708806289181462
9126796908325204521
101408851010361226580

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%3.02.00.060.0%8.02.00.080.0%15.02.00.088.2%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%9.01.00.090.0%16.01.00.094.1%

Fundamentals of Skf

About SKF India Limited

SKF India Limited provides bearings technology and solutions to industrial and automotive sectors in India. It offers rolling bearings including ball and roller bearing, bearing accessories, track rollers, and engineered products; mounted bearing and housing, such as ball and roller bearing units, and bearing housing; and super-precision bearing including angular contact ball, cylindrical roller, double direction angular contact thrust ball, and axial-radial cylindrical roller bearings, as well as angular contact thrust bearing for screw drives, and precision lock nuts and gauges. The company also provides slewing bearings; plain bearing, which includes spherical plain bearings and rod ends, and bushing, thrust washer, and strips; magnetic bearing systems; thin section bearing, such as reali-slim and ultra-slim thin section bearings, and customized thin section bearings; and industrial seals including power transmission, hydraulic, fluid handling, and machined seals. In addition, it offers automotive seals, such as bearing, body, driveline, engine, eDrive unit, suspension, and wheel seals, as well as two wheeler sealing solution; lubrication management comprising lubricants, manual lubricant tools, lubricators, automatic lubrication system, and lubrication system components; and maintenances products including hydraulic and mechanical tools, and heaters for mounting and dismounting, as well as alignment tools. Further, the company provides condition monitoring system, which includes surveillance and machine protection systems, software, sensor, product support and training, and inactive or obsolete products; power transmission solutions comprising belts, pulleys, chains, sprockets, bushing and hub, coupling, bolts and tightening systems, and v-belts; and test and measuring equipment, such as waviness and roundness analyzer, noise and vibration tester, and grease test rigs. SKF India Limited was founded in 1923 and is headquartered in Pune, India.

Fundamental data was last updated by Penke on 2024-03-12 21:16:03.

Financial Health

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

Valuation

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

1.1. Profitability of SKF India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Net Profit Margin of 12.2% means that ₹0.12 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SKF India Limited:

  • The MRQ is 12.2%. The company is making a huge profit. +2
  • The TTM is 12.2%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ12.2%TTM12.2%0.0%
TTM12.2%YOY10.8%+1.4%
TTM12.2%5Y11.1%+1.1%
5Y11.1%10Y10.0%+1.1%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ12.2%5.8%+6.4%
TTM12.2%6.2%+6.0%
YOY10.8%8.1%+2.7%
5Y11.1%6.9%+4.2%
10Y10.0%7.6%+2.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • 16.5% Return on Assets means that Skf generated ₹0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SKF India Limited:

  • The MRQ is 16.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 16.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.5%TTM16.5%0.0%
TTM16.5%YOY15.0%+1.5%
TTM16.5%5Y14.2%+2.4%
5Y14.2%10Y12.4%+1.7%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ16.5%1.3%+15.2%
TTM16.5%1.5%+15.0%
YOY15.0%1.5%+13.5%
5Y14.2%1.5%+12.7%
10Y12.4%1.5%+10.9%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • 22.4% Return on Equity means Skf generated ₹0.22 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SKF India Limited:

  • The MRQ is 22.4%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 22.4%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ22.4%TTM22.4%0.0%
TTM22.4%YOY20.9%+1.5%
TTM22.4%5Y19.5%+2.9%
5Y19.5%10Y16.7%+2.8%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ22.4%2.3%+20.1%
TTM22.4%2.6%+19.8%
YOY20.9%3.1%+17.8%
5Y19.5%2.9%+16.6%
10Y16.7%2.9%+13.8%

1.2. Operating Efficiency of SKF India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Skf is operating .

  • Measures how much profit Skf 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 Skf to the Tools & Accessories industry mean.
  • An Operating Margin of 17.1% means the company generated ₹0.17  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SKF India Limited:

  • The MRQ is 17.1%. The company is operating efficient. +1
  • The TTM is 17.1%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ17.1%TTM17.1%0.0%
TTM17.1%YOY14.6%+2.4%
TTM17.1%5Y15.4%+1.7%
5Y15.4%10Y14.5%+0.9%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ17.1%8.8%+8.3%
TTM17.1%4.7%+12.4%
YOY14.6%8.9%+5.7%
5Y15.4%9.1%+6.3%
10Y14.5%8.0%+6.5%
1.2.2. Operating Ratio

Measures how efficient Skf is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 0.84 means that the operating costs are ₹0.84 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of SKF India Limited:

  • The MRQ is 0.841. The company is less efficient in keeping operating costs low.
  • The TTM is 0.841. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.841TTM0.8410.000
TTM0.841YOY0.859-0.018
TTM0.8415Y0.861-0.020
5Y0.86110Y0.876-0.015
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8411.559-0.718
TTM0.8411.555-0.714
YOY0.8591.524-0.665
5Y0.8611.532-0.671
10Y0.8761.270-0.394

1.3. Liquidity of SKF India Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Skf is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 3.08 means the company has ₹3.08 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of SKF India Limited:

  • The MRQ is 3.076. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.076. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.076TTM3.0760.000
TTM3.076YOY2.817+0.259
TTM3.0765Y2.965+0.111
5Y2.96510Y3.139-0.174
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ3.0762.171+0.905
TTM3.0762.218+0.858
YOY2.8172.021+0.796
5Y2.9652.196+0.769
10Y3.1391.953+1.186
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Quick Ratio of 2.13 means the company can pay off ₹2.13 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SKF India Limited:

  • The MRQ is 2.127. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.127. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.127TTM2.1270.000
TTM2.127YOY1.848+0.279
TTM2.1275Y2.567-0.440
5Y2.56710Y3.001-0.435
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.1270.855+1.272
TTM2.1270.847+1.280
YOY1.8480.829+1.019
5Y2.5670.971+1.596
10Y3.0010.953+2.048

1.4. Solvency of SKF India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Skf to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 0.26 means that Skf assets are financed with 26.3% credit (debt) and the remaining percentage (100% - 26.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SKF India Limited:

  • The MRQ is 0.263. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.263. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.263TTM0.2630.000
TTM0.263YOY0.283-0.019
TTM0.2635Y0.271-0.008
5Y0.27110Y0.252+0.019
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2630.429-0.166
TTM0.2630.442-0.179
YOY0.2830.452-0.169
5Y0.2710.429-0.158
10Y0.2520.418-0.166
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Skf to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 35.7% means that company has ₹0.36 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SKF India Limited:

  • The MRQ is 0.357. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.357. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.357TTM0.3570.000
TTM0.357YOY0.394-0.037
TTM0.3575Y0.375-0.017
5Y0.37510Y0.340+0.035
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3570.784-0.427
TTM0.3570.821-0.464
YOY0.3940.834-0.440
5Y0.3750.796-0.421
10Y0.3400.808-0.468

2. Market Valuation of SKF India 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 Skf generates.

  • Above 15 is considered overpriced but always compare Skf to the Tools & Accessories industry mean.
  • A PE ratio of 40.08 means the investor is paying ₹40.08 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SKF India Limited:

  • The EOD is 39.170. Based on the earnings, the company is overpriced. -1
  • The MRQ is 40.085. Based on the earnings, the company is overpriced. -1
  • The TTM is 40.085. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD39.170MRQ40.085-0.915
MRQ40.085TTM40.0850.000
TTM40.085YOY44.241-4.156
TTM40.0855Y35.592+4.493
5Y35.59210Y33.146+2.446
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD39.17017.945+21.225
MRQ40.08516.699+23.386
TTM40.08515.914+24.171
YOY44.24116.782+27.459
5Y35.59221.566+14.026
10Y33.14623.043+10.103
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 35.234. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 36.056. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 36.056. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD35.234MRQ36.056-0.823
MRQ36.056TTM36.0560.000
TTM36.056YOY-505.888+541.944
TTM36.0565Y-63.435+99.492
5Y-63.43510Y-120.686+57.251
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD35.2348.674+26.560
MRQ36.0569.000+27.056
TTM36.0566.512+29.544
YOY-505.8883.038-508.926
5Y-63.4354.131-67.566
10Y-120.6863.114-123.800
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of 8.99 means the investor is paying ₹8.99 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of SKF India Limited:

  • The EOD is 8.781. Based on the equity, the company is overpriced. -1
  • The MRQ is 8.986. Based on the equity, the company is overpriced. -1
  • The TTM is 8.986. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD8.781MRQ8.986-0.205
MRQ8.986TTM8.9860.000
TTM8.986YOY9.266-0.280
TTM8.9865Y7.067+1.919
5Y7.06710Y5.765+1.302
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD8.7811.845+6.936
MRQ8.9861.886+7.100
TTM8.9861.825+7.161
YOY9.2661.841+7.425
5Y7.0672.020+5.047
10Y5.7652.453+3.312
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of SKF India 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--92.17492.1740%65.108+42%23.572+291%25.450+262%
Book Value Per Share--473.599473.5990%381.425+24%377.729+25%340.458+39%
Current Ratio--3.0763.0760%2.817+9%2.965+4%3.139-2%
Debt To Asset Ratio--0.2630.2630%0.283-7%0.271-3%0.252+4%
Debt To Equity Ratio--0.3570.3570%0.394-9%0.375-5%0.340+5%
Dividend Per Share--14.55214.5520%14.501+0%37.609-61%24.740-41%
Eps--106.169106.1690%79.890+33%74.080+43%59.258+79%
Free Cash Flow Per Share--118.031118.0310%-6.987+106%47.117+151%35.741+230%
Free Cash Flow To Equity Per Share--102.142102.1420%-22.762+122%-11.420+111%-1.982+102%
Gross Profit Margin--0.9570.9570%0.984-3%0.972-2%0.956+0%
Intrinsic Value_10Y_max--1514.952--------
Intrinsic Value_10Y_min--621.738--------
Intrinsic Value_1Y_max--75.174--------
Intrinsic Value_1Y_min--42.872--------
Intrinsic Value_3Y_max--284.273--------
Intrinsic Value_3Y_min--146.406--------
Intrinsic Value_5Y_max--563.786--------
Intrinsic Value_5Y_min--268.427--------
Market Cap205595338700.000-2%210395768500.000210395768500.0000%174733667200.000+20%134704740109.720+56%103208704842.690+104%
Net Profit Margin--0.1220.1220%0.108+13%0.111+10%0.100+22%
Operating Margin--0.1710.1710%0.146+16%0.154+11%0.145+17%
Operating Ratio--0.8410.8410%0.859-2%0.861-2%0.876-4%
Pb Ratio8.781-2%8.9868.9860%9.266-3%7.067+27%5.765+56%
Pe Ratio39.170-2%40.08540.0850%44.241-9%35.592+13%33.146+21%
Price Per Share4158.650-2%4255.7504255.7500%3534.400+20%2710.770+57%2039.090+109%
Price To Free Cash Flow Ratio35.234-2%36.05636.0560%-505.888+1503%-63.435+276%-120.686+435%
Price To Total Gains Ratio38.966-2%39.87639.8760%44.397-10%-15.452+139%11.263+254%
Quick Ratio--2.1272.1270%1.848+15%2.567-17%3.001-29%
Return On Assets--0.1650.1650%0.150+10%0.142+17%0.124+33%
Return On Equity--0.2240.2240%0.209+7%0.195+15%0.167+34%
Total Gains Per Share--106.726106.7260%79.609+34%61.181+74%50.190+113%
Usd Book Value--280965600.000280965600.0000%226282800.000+24%225433680.000+25%208160160.000+35%
Usd Book Value Change Per Share--1.1061.1060%0.781+42%0.283+291%0.305+262%
Usd Book Value Per Share--5.6835.6830%4.577+24%4.533+25%4.085+39%
Usd Dividend Per Share--0.1750.1750%0.174+0%0.451-61%0.297-41%
Usd Eps--1.2741.2740%0.959+33%0.889+43%0.711+79%
Usd Free Cash Flow--70022400.00070022400.0000%-4144800.000+106%28059840.000+150%21658800.000+223%
Usd Free Cash Flow Per Share--1.4161.4160%-0.084+106%0.565+151%0.429+230%
Usd Free Cash Flow To Equity Per Share--1.2261.2260%-0.273+122%-0.137+111%-0.024+102%
Usd Market Cap2467144064.400-2%2524749222.0002524749222.0000%2096804006.400+20%1616456881.317+56%1238504458.112+104%
Usd Price Per Share49.904-2%51.06951.0690%42.413+20%32.529+57%24.469+109%
Usd Profit--62985600.00062985600.0000%47395200.000+33%44214960.000+42%35490360.000+77%
Usd Revenue--516590400.000516590400.0000%438102000.000+18%395122560.000+31%346542360.000+49%
Usd Total Gains Per Share--1.2811.2810%0.955+34%0.734+74%0.602+113%
 EOD+4 -4MRQTTM+0 -0YOY+32 -45Y+28 -810Y+26 -10

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1539.170
Price to Book Ratio (EOD)Between0-18.781
Net Profit Margin (MRQ)Greater than00.122
Operating Margin (MRQ)Greater than00.171
Quick Ratio (MRQ)Greater than12.127
Current Ratio (MRQ)Greater than13.076
Debt to Asset Ratio (MRQ)Less than10.263
Debt to Equity Ratio (MRQ)Less than10.357
Return on Equity (MRQ)Greater than0.150.224
Return on Assets (MRQ)Greater than0.050.165
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.574
Ma 20Greater thanMa 504,319.753
Ma 50Greater thanMa 1004,473.351
Ma 100Greater thanMa 2004,550.484
OpenGreater thanClose4,165.900
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets31,779,000
Total Liabilities8,365,200
Total Stockholder Equity23,413,800
 As reported
Total Liabilities 8,365,200
Total Stockholder Equity+ 23,413,800
Total Assets = 31,779,000

Assets

Total Assets31,779,000
Total Current Assets24,485,600
Long-term Assets7,293,400
Total Current Assets
Cash And Cash Equivalents 9,552,800
Short-term Investments 295,900
Net Receivables 6,786,500
Inventory 6,860,300
Other Current Assets 990,100
Total Current Assets  (as reported)24,485,600
Total Current Assets  (calculated)24,485,600
+/-0
Long-term Assets
Property Plant Equipment 4,642,200
Intangible Assets 3,200
Long-term Assets Other 2,405,500
Long-term Assets  (as reported)7,293,400
Long-term Assets  (calculated)7,050,900
+/- 242,500

Liabilities & Shareholders' Equity

Total Current Liabilities7,961,100
Long-term Liabilities404,100
Total Stockholder Equity23,413,800
Total Current Liabilities
Short-term Debt 63,000
Accounts payable 6,079,100
Other Current Liabilities 1,774,400
Total Current Liabilities  (as reported)7,961,100
Total Current Liabilities  (calculated)7,916,500
+/- 44,600
Long-term Liabilities
Long term Debt Total 81,400
Capital Lease Obligations 144,400
Long-term Liabilities  (as reported)404,100
Long-term Liabilities  (calculated)225,800
+/- 178,300
Total Stockholder Equity
Common Stock494,400
Retained Earnings 20,047,600
Other Stockholders Equity 2,871,800
Total Stockholder Equity (as reported)23,413,800
Total Stockholder Equity (calculated)23,413,800
+/-0
Other
Capital Stock494,400
Cash And Equivalents9,376,000
Cash and Short Term Investments 9,848,700
Common Stock Shares Outstanding 49,424
Current Deferred Revenue44,600
Liabilities and Stockholders Equity 31,779,000
Net Debt -9,408,400
Net Invested Capital 23,413,800
Net Working Capital 16,524,500
Property Plant and Equipment Gross 4,642,200
Short Long Term Debt Total 144,400



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
7,169,300
8,673,100
9,505,400
10,811,900
12,778,900
15,080,300
16,000,500
16,928,800
19,111,500
20,135,200
23,040,300
24,438,400
22,966,800
24,693,600
23,026,100
26,284,400
31,779,000
31,779,00026,284,40023,026,10024,693,60022,966,80024,438,40023,040,30020,135,20019,111,50016,928,80016,000,50015,080,30012,778,90010,811,9009,505,4008,673,1007,169,300
   > Total Current Assets 
5,327,600
6,705,400
7,118,800
8,235,800
9,585,900
11,461,500
9,495,700
10,423,000
12,941,500
14,817,200
18,197,100
18,930,600
17,112,500
18,401,200
16,314,700
19,583,700
24,485,600
24,485,60019,583,70016,314,70018,401,20017,112,50018,930,60018,197,10014,817,20012,941,50010,423,0009,495,70011,461,5009,585,9008,235,8007,118,8006,705,4005,327,600
       Cash And Cash Equivalents 
1,614,200
2,363,000
1,919,300
2,892,600
2,119,100
2,244,400
1,601,200
706,300
1,931,300
6,984,700
2,304,900
1,075,100
1,183,600
1,162,500
4,420,100
3,885,200
9,552,800
9,552,8003,885,2004,420,1001,162,5001,183,6001,075,1002,304,9006,984,7001,931,300706,3001,601,2002,244,4002,119,1002,892,6001,919,3002,363,0001,614,200
       Short-term Investments 
554,000
634,200
804,100
1,359,900
2,338,500
0
1,454,800
3,037,900
3,399,300
6,010,700
5,078,300
7,865,200
5,271,700
6,971,800
555,800
109,000
295,900
295,900109,000555,8006,971,8005,271,7007,865,2005,078,3006,010,7003,399,3003,037,9001,454,80002,338,5001,359,900804,100634,200554,000
       Net Receivables 
0
0
0
0
0
0
0
0
4,365,300
4,828,600
6,301,100
5,460,700
5,879,800
5,610,700
6,552,600
8,745,300
6,786,500
6,786,5008,745,3006,552,6005,610,7005,879,8005,460,7006,301,1004,828,6004,365,30000000000
       Inventory 
1,510,700
1,648,000
2,244,900
1,820,400
2,417,200
2,727,800
2,486,200
2,551,700
2,929,500
2,823,000
4,166,400
4,028,800
4,610,000
4,517,800
4,680,000
6,768,200
6,860,300
6,860,3006,768,2004,680,0004,517,8004,610,0004,028,8004,166,4002,823,0002,929,5002,551,7002,486,2002,727,8002,417,2001,820,4002,244,9001,648,0001,510,700
       Other Current Assets 
1,648,700
2,060,200
2,150,500
2,162,900
2,711,100
6,489,300
3,953,500
4,127,100
4,681,400
5,009,500
6,647,500
5,961,500
6,047,200
138,400
106,200
76,000
990,100
990,10076,000106,200138,4006,047,2005,961,5006,647,5005,009,5004,681,4004,127,1003,953,5006,489,3002,711,1002,162,9002,150,5002,060,2001,648,700
   > Long-term Assets 
1,841,700
1,967,700
2,386,600
2,576,100
3,193,000
3,618,800
6,504,800
6,505,800
6,170,000
5,318,000
4,843,200
5,507,800
5,854,300
6,292,400
6,711,400
6,700,700
7,293,400
7,293,4006,700,7006,711,4006,292,4005,854,3005,507,8004,843,2005,318,0006,170,0006,505,8006,504,8003,618,8003,193,0002,576,1002,386,6001,967,7001,841,700
       Property Plant Equipment 
1,837,700
1,955,000
2,381,800
2,560,500
3,186,600
3,616,000
4,070,700
4,010,500
3,849,700
3,375,800
3,156,500
3,122,200
3,291,400
3,762,900
3,940,600
4,316,300
4,642,200
4,642,2004,316,3003,940,6003,762,9003,291,4003,122,2003,156,5003,375,8003,849,7004,010,5004,070,7003,616,0003,186,6002,560,5002,381,8001,955,0001,837,700
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
149,600
297,000
0
0
0
0
0000297,000149,60000000000000
       Intangible Assets 
4,000
12,700
4,800
7,200
6,400
2,800
900
100
100
300
1,500
1,700
1,600
900
2,600
2,500
3,200
3,2002,5002,6009001,6001,7001,5003001001009002,8006,4007,2004,80012,7004,000
       Other Assets 
0
0
0
0
0
0
0
0
2,516,500
86,000
1,685,200
2,383,900
2,561,300
2,528,600
2,743,800
2,359,200
1,038,400
1,038,4002,359,2002,743,8002,528,6002,561,3002,383,9001,685,20086,0002,516,50000000000
> Total Liabilities 
2,946,700
3,220,600
3,053,900
3,664,600
4,291,800
4,967,900
4,446,900
4,173,800
4,949,700
4,001,100
4,928,200
6,065,300
5,997,400
5,641,100
7,388,000
7,427,500
8,365,200
8,365,2007,427,5007,388,0005,641,1005,997,4006,065,3004,928,2004,001,1004,949,7004,173,8004,446,9004,967,9004,291,8003,664,6003,053,9003,220,6002,946,700
   > Total Current Liabilities 
2,901,100
3,168,300
3,029,700
3,663,600
4,261,700
4,951,900
4,170,900
3,958,100
4,678,700
3,737,400
4,635,000
5,784,400
5,673,700
5,165,000
6,931,100
6,951,900
7,961,100
7,961,1006,951,9006,931,1005,165,0005,673,7005,784,4004,635,0003,737,4004,678,7003,958,1004,170,9004,951,9004,261,7003,663,6003,029,7003,168,3002,901,100
       Short-term Debt 
0
0
0
0
0
0
0
0
0
650,000
340,300
850,000
900,000
85,100
73,700
56,100
63,000
63,00056,10073,70085,100900,000850,000340,300650,000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
650,000
340,300
850,000
900,000
0
0
0
0
0000900,000850,000340,300650,000000000000
       Accounts payable 
1,441,900
1,299,500
1,622,500
2,863,300
3,092,200
3,597,600
2,679,000
2,526,800
3,366,500
2,549,100
3,040,100
3,897,000
3,491,400
4,120,100
5,768,900
5,244,100
6,079,100
6,079,1005,244,1005,768,9004,120,1003,491,4003,897,0003,040,1002,549,1003,366,5002,526,8002,679,0003,597,6003,092,2002,863,3001,622,5001,299,5001,441,900
       Other Current Liabilities 
1,459,200
1,868,800
1,407,200
800,300
1,169,500
1,354,300
1,491,900
1,431,300
1,312,200
1,188,300
1,188,800
959,300
1,225,500
938,200
127,800
1,563,200
1,774,400
1,774,4001,563,200127,800938,2001,225,500959,3001,188,8001,188,3001,312,2001,431,3001,491,9001,354,3001,169,500800,3001,407,2001,868,8001,459,200
   > Long-term Liabilities 
45,600
52,300
24,200
1,000
30,100
16,000
276,000
215,700
271,000
263,700
293,200
280,900
323,700
476,100
456,900
475,600
404,100
404,100475,600456,900476,100323,700280,900293,200263,700271,000215,700276,00016,00030,1001,00024,20052,30045,600
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
133,000
102,100
104,900
81,400
81,400104,900102,100133,0000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
271,000
274,700
293,200
280,900
323,700
343,100
355,200
370,700
0
0370,700355,200343,100323,700280,900293,200274,700271,00000000000
> Total Stockholder Equity
4,222,600
5,452,500
6,451,500
7,147,300
8,487,100
10,112,400
11,553,600
12,755,000
14,161,800
16,134,100
18,112,100
18,373,100
16,969,400
19,052,500
15,638,100
18,856,900
23,413,800
23,413,80018,856,90015,638,10019,052,50016,969,40018,373,10018,112,10016,134,10014,161,80012,755,00011,553,60010,112,4008,487,1007,147,3006,451,5005,452,5004,222,600
   Common Stock
527,300
527,300
527,300
527,300
527,300
527,300
527,300
527,300
527,300
527,300
527,300
513,400
494,400
494,400
494,400
494,400
494,400
494,400494,400494,400494,400494,400513,400527,300527,300527,300527,300527,300527,300527,300527,300527,300527,300527,300
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-4,607,900
-4,720,700
-4,987,200
-5,103,600
-5,253,100
-5,613,600
-5,942,400
-6,307,800
-6,650,000
0
-1,251,800
-1,667,200
-1,961,000
2,871,800
2,871,800
2,871,800
2,871,800
2,871,8002,871,8002,871,8002,871,800-1,961,000-1,667,200-1,251,8000-6,650,000-6,307,800-5,942,400-5,613,600-5,253,100-5,103,600-4,987,200-4,720,700-4,607,900
   Capital Surplus 
0
0
0
0
0
0
0
0
0
705,100
705,100
0
0
0
0
0
0
000000705,100705,100000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
8,303,200
9,645,900
10,911,400
11,723,600
13,212,900
9,993,400
11,322,200
12,687,600
13,779,800
15,606,800
9,181,600
8,516,100
4,832,800
2,871,800
2,871,800
2,871,800
2,871,800
2,871,8002,871,8002,871,8002,871,8004,832,8008,516,1009,181,60015,606,80013,779,80012,687,60011,322,2009,993,40013,212,90011,723,60010,911,4009,645,9008,303,200



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue43,049,200
Cost of Revenue-25,658,200
Gross Profit17,391,00017,391,000
 
Operating Income (+$)
Gross Profit17,391,000
Operating Expense-10,565,300
Operating Income7,344,4006,825,700
 
Operating Expense (+$)
Research Development0
Selling General Administrative174,400
Selling And Marketing Expenses228,200
Operating Expense10,565,300402,600
 
Net Interest Income (+$)
Interest Income14,810
Interest Expense-15,100
Other Finance Cost-14,810
Net Interest Income-15,100
 
Pretax Income (+$)
Operating Income7,344,400
Net Interest Income-15,100
Other Non-Operating Income Expenses0
Income Before Tax (EBT)7,329,3007,359,500
EBIT - interestExpense = 7,329,300
7,330,200
5,263,900
Interest Expense15,100
Earnings Before Interest and Taxes (EBIT)7,344,4007,344,400
Earnings Before Interest and Taxes (EBITDA)8,012,800
 
After tax Income (+$)
Income Before Tax7,329,300
Tax Provision-2,081,400
Net Income From Continuing Ops5,248,8005,247,900
Net Income5,248,800
Net Income Applicable To Common Shares5,248,800
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses36,223,500
Total Other Income/Expenses Net-15,10015,100
 

Technical Analysis of Skf
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 Skf. The general trend of Skf is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Skf's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of SKF India Limited.

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

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 4,371 < 4,400 < 4,754.

The bearish price targets are: 4,096 > 4,066 > 4,025.

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SKF India 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 SKF India Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

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

Directionalities and relatives.

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

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

SKF India 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 SKF India Limited. The current macd is -88.69843442.

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 Skf price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Skf. 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 Skf 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
SKF India Limited Daily Moving Average Convergence/Divergence (MACD) ChartSKF India 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 SKF India Limited. The current adx is 20.77.

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 Skf 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
SKF India 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 SKF India Limited. The current sar is 4,280.

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
SKF India 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 SKF India Limited. The current rsi is 35.57. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
SKF India Limited Daily Relative Strength Index (RSI) ChartSKF India 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 SKF India Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is 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 Skf price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
SKF India Limited Daily Stochastic Oscillator ChartSKF India 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 SKF India Limited. The current cci is -76.47995501.

SKF India Limited Daily Commodity Channel Index (CCI) ChartSKF India 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 SKF India Limited. The current cmo is -35.15902835.

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
SKF India Limited Daily Chande Momentum Oscillator (CMO) ChartSKF India 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 SKF India Limited. The current willr is -66.50436954.

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 Skf is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
SKF India Limited Daily Williams %R ChartSKF India 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 SKF India Limited.

SKF India 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 SKF India Limited. The current atr is 118.86.

SKF India Limited Daily Average True Range (ATR) ChartSKF India 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 SKF India Limited. The current obv is 2,032,369.

SKF India Limited Daily On-Balance Volume (OBV) ChartSKF India 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 SKF India Limited. The current mfi is 29.05.

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
SKF India Limited Daily Money Flow Index (MFI) ChartSKF India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SKF India 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
2023-11-06RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-08DMI 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.
2023-11-09DMI 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.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-16MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-09MACD 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
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).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06MACD 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-07BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

SKF India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.574
Ma 20Greater thanMa 504,319.753
Ma 50Greater thanMa 1004,473.351
Ma 100Greater thanMa 2004,550.484
OpenGreater thanClose4,165.900
Total1/5 (20.0%)
Penke

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