25 XP   0   0   10

SHRIRAM TRANSPORT FINANCE CO.LTD.
Buy, Hold or Sell?

Let's analyse SHRIRAM TRANSPORT FINANCE CO.LTD. together

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

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

Get notifications about SHRIRAM TRANSPORT FINANCE CO.LTD.

I send you an email if I find something interesting about SHRIRAM TRANSPORT FINANCE CO.LTD..

Quick analysis of SHRIRAM TRANSPORT FINANCE CO.LTD. (30 sec.)










What can you expect buying and holding a share of SHRIRAM TRANSPORT FINANCE CO.LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR1.51
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR964.60
Expected worth in 1 year
INR1,390.26
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR551.61
Return On Investment
23.4%

For what price can you sell your share?

Current Price per Share
INR2,360.20
Expected price per share
INR2,246 - INR2,535
How sure are you?
50%

1. Valuation of SHRIRAM TRANSPORT FINANCE CO.LTD. (5 min.)




Live pricePrice per Share (EOD)

INR2,360.20

Intrinsic Value Per Share

INR-3,519.86 - INR-2,921.17

Total Value Per Share

INR-2,555.26 - INR-1,956.57

2. Growth of SHRIRAM TRANSPORT FINANCE CO.LTD. (5 min.)




Is SHRIRAM TRANSPORT FINANCE CO.LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$3.1b$2.6b$525.2m16.8%

How much money is SHRIRAM TRANSPORT FINANCE CO.LTD. making?

Current yearPrevious yearGrowGrow %
Making money$326.5m$299.8m$26.6m8.2%
Net Profit Margin14.1%14.3%--

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

3. Financial Health of SHRIRAM TRANSPORT FINANCE CO.LTD. (5 min.)




What can you expect buying and holding a share of SHRIRAM TRANSPORT FINANCE CO.LTD.? (5 min.)

Welcome investor! SHRIRAM TRANSPORT FINANCE CO.LTD.'s management wants to use your money to grow the business. In return you get a share of SHRIRAM TRANSPORT FINANCE CO.LTD..

What can you expect buying and holding a share of SHRIRAM TRANSPORT FINANCE CO.LTD.?

First you should know what it really means to hold a share of SHRIRAM TRANSPORT FINANCE CO.LTD.. And how you can make/lose money.

Speculation

The Price per Share of SHRIRAM TRANSPORT FINANCE CO.LTD. is INR2,360. 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 SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.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 INR964.60. Based on the TTM, the Book Value Change Per Share is INR106.42 per quarter. Based on the YOY, the Book Value Change Per Share is INR79.06 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 INR31.49 per quarter.
Based on historical numbers we can estimate the returns while holding a share of SHRIRAM TRANSPORT FINANCE CO.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 Eps1.210.1%1.210.1%1.180.1%1.270.1%1.000.0%
Usd Book Value Change Per Share1.280.1%1.280.1%0.950.0%1.140.0%1.930.1%
Usd Dividend Per Share0.380.0%0.380.0%0.070.0%0.170.0%0.160.0%
Usd Total Gains Per Share1.650.1%1.650.1%1.020.0%1.300.1%2.090.1%
Usd Price Per Share14.61-14.61-12.56-14.77-13.48-
Price to Earnings Ratio12.10-12.10-10.60-11.66-10.57-
Price-to-Total Gains Ratio8.83-8.83-12.30-11.50-9.87-
Price to Book Ratio1.26-1.26-1.22-1.66-1.44-
Price-to-Total Gains Ratio8.83-8.83-12.30-11.50-9.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share28.3224
Number of shares35
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.380.17
Usd Book Value Change Per Share1.281.14
Usd Total Gains Per Share1.651.30
Gains per Quarter (35 shares)57.9245.67
Gains per Year (35 shares)231.68182.68
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
15317922224159173
210635845447318356
315953668671477539
421271591895636722
52648941150119795905
6317107313821429541088
73701251161416611131271
84231430184619012721454
94761609207821314311637
105291788231023715901820

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 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%
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%

Fundamentals of SHRIRAM TRANSPORT FINANCE CO.LTD.

About SHRIRAM TRANSPORT FINANCE CO.LTD.

Financial Health

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

Valuation

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

1.1. Profitability of SHRIRAM TRANSPORT FINANCE CO.LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit SHRIRAM TRANSPORT FINANCE CO.LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • A Net Profit Margin of 14.1% means that ₹0.14 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 14.1%. The company is making a huge profit. +2
  • The TTM is 14.1%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ14.1%TTM14.1%0.0%
TTM14.1%YOY14.3%-0.2%
TTM14.1%5Y15.9%-1.7%
5Y15.9%10Y14.6%+1.2%
1.1.2. Return on Assets

Shows how efficient SHRIRAM TRANSPORT FINANCE CO.LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • 1.9% Return on Assets means that SHRIRAM TRANSPORT FINANCE CO.LTD. generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 1.9%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.9%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.9%TTM1.9%0.0%
TTM1.9%YOY1.9%0.0%
TTM1.9%5Y2.2%-0.3%
5Y2.2%10Y2.1%+0.2%
1.1.3. Return on Equity

Shows how efficient SHRIRAM TRANSPORT FINANCE CO.LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • 10.4% Return on Equity means SHRIRAM TRANSPORT FINANCE CO.LTD. generated ₹0.10 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 10.4%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.4%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.4%TTM10.4%0.0%
TTM10.4%YOY11.5%-1.1%
TTM10.4%5Y14.1%-3.7%
5Y14.1%10Y13.3%+0.8%

1.2. Operating Efficiency of SHRIRAM TRANSPORT FINANCE CO.LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient SHRIRAM TRANSPORT FINANCE CO.LTD. is operating .

  • Measures how much profit SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services 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 SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient SHRIRAM TRANSPORT FINANCE CO.LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banking Services industry mean).
  • An Operation Ratio of 0.51 means that the operating costs are ₹0.51 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 0.509. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.509. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.509TTM0.5090.000
TTM0.509YOY0.522-0.014
TTM0.5095Y0.500+0.009
5Y0.50010Y0.496+0.004

1.3. Liquidity of SHRIRAM TRANSPORT FINANCE CO.LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if SHRIRAM TRANSPORT FINANCE CO.LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banking Services industry mean).
  • A Current Ratio of 0.00 means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y1.562-1.562
5Y1.56210Y1.538+0.024
1.3.2. Quick Ratio

Measures if SHRIRAM TRANSPORT FINANCE CO.LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • A Quick Ratio of 0.00 means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y1.503-1.503
5Y1.50310Y1.476+0.027

1.4. Solvency of SHRIRAM TRANSPORT FINANCE CO.LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of SHRIRAM TRANSPORT FINANCE CO.LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to Banking Services industry mean.
  • A Debt to Asset Ratio of 0.82 means that SHRIRAM TRANSPORT FINANCE CO.LTD. assets are financed with 81.7% credit (debt) and the remaining percentage (100% - 81.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 0.817. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.817. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.817TTM0.8170.000
TTM0.817YOY0.833-0.016
TTM0.8175Y0.840-0.023
5Y0.84010Y0.844-0.004
1.4.2. Debt to Equity Ratio

Measures if SHRIRAM TRANSPORT FINANCE CO.LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • A Debt to Equity ratio of 445.2% means that company has ₹4.45 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The MRQ is 4.452. The company is unable to pay all its debts with equity. -1
  • The TTM is 4.452. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.452TTM4.4520.000
TTM4.452YOY4.982-0.530
TTM4.4525Y5.290-0.837
5Y5.29010Y5.468-0.178

2. Market Valuation of SHRIRAM TRANSPORT FINANCE CO.LTD.

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings SHRIRAM TRANSPORT FINANCE CO.LTD. generates.

  • Above 15 is considered overpriced but always compare SHRIRAM TRANSPORT FINANCE CO.LTD. to the Banking Services industry mean.
  • A PE ratio of 12.10 means the investor is paying ₹12.10 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The EOD is 23.464. Based on the earnings, the company is fair priced.
  • The MRQ is 12.102. Based on the earnings, the company is underpriced. +1
  • The TTM is 12.102. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD23.464MRQ12.102+11.362
MRQ12.102TTM12.1020.000
TTM12.102YOY10.596+1.506
TTM12.1025Y11.657+0.444
5Y11.65710Y10.570+1.087
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The EOD is -7.178. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -3.702. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -3.702. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.178MRQ-3.702-3.476
MRQ-3.702TTM-3.7020.000
TTM-3.702YOY-6.208+2.506
TTM-3.7025Y-5.353+1.651
5Y-5.35310Y-4.877-0.476
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of SHRIRAM TRANSPORT FINANCE CO.LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banking Services industry mean).
  • A PB ratio of 1.26 means the investor is paying ₹1.26 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of SHRIRAM TRANSPORT FINANCE CO.LTD.:

  • The EOD is 2.447. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.262. Based on the equity, the company is underpriced. +1
  • The TTM is 1.262. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.447MRQ1.262+1.185
MRQ1.262TTM1.2620.000
TTM1.262YOY1.219+0.043
TTM1.2625Y1.662-0.400
5Y1.66210Y1.435+0.227
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of SHRIRAM TRANSPORT FINANCE CO.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--106.415106.4150%79.057+35%94.632+12%160.766-34%
Book Value Per Share--964.597964.5970%858.182+12%775.073+24%623.829+55%
Current Ratio----0%-0%1.562-100%1.538-100%
Debt To Asset Ratio--0.8170.8170%0.833-2%0.840-3%0.844-3%
Debt To Equity Ratio--4.4524.4520%4.982-11%5.290-16%5.468-19%
Dividend Per Share--31.48831.4880%6.030+422%14.109+123%13.382+135%
Eps--100.588100.5880%98.744+2%105.460-5%83.093+21%
Free Cash Flow Per Share---328.803-328.8030%-168.520-49%-264.238-20%-239.489-27%
Free Cash Flow To Equity Per Share---14.413-14.4130%314.588-105%99.770-114%85.442-117%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---2921.170--------
Intrinsic Value_10Y_min---3519.860--------
Intrinsic Value_1Y_max---229.470--------
Intrinsic Value_1Y_min---289.481--------
Intrinsic Value_3Y_max---737.670--------
Intrinsic Value_3Y_min---929.695--------
Intrinsic Value_5Y_max---1303.991--------
Intrinsic Value_5Y_min---1630.672--------
Market Cap--329303642983.000329303642983.0000%264765604837.500+24%300046978017.481+10%242712572772.015+36%
Net Profit Margin--0.1410.1410%0.143-1%0.159-11%0.146-3%
Operating Margin----0%-0%-0%-0%
Operating Ratio--0.5090.5090%0.522-3%0.500+2%0.496+3%
Pb Ratio2.447+48%1.2621.2620%1.219+4%1.662-24%1.435-12%
Pe Ratio23.464+48%12.10212.1020%10.596+14%11.657+4%10.570+14%
Price Per Share2360.200+48%1217.3001217.3000%1046.250+16%1231.020-1%1123.407+8%
Price To Free Cash Flow Ratio-7.178-94%-3.702-3.7020%-6.208+68%-5.353+45%-4.877+32%
Price To Total Gains Ratio17.115+48%8.8278.8270%12.296-28%11.503-23%9.869-11%
Quick Ratio----0%-0%1.503-100%1.476-100%
Return On Assets--0.0190.0190%0.019-1%0.022-14%0.021-7%
Return On Equity--0.1040.1040%0.115-9%0.141-26%0.133-22%
Total Gains Per Share--137.903137.9030%85.086+62%108.741+27%174.148-21%
Usd Book Value--3131311200.0003131311200.0000%2606074800.000+20%2294567599.200+36%2009586300.000+56%
Usd Book Value Change Per Share--1.2771.2770%0.949+35%1.136+12%1.929-34%
Usd Book Value Per Share--11.57511.5750%10.298+12%9.301+24%7.486+55%
Usd Dividend Per Share--0.3780.3780%0.072+422%0.169+123%0.161+135%
Usd Eps--1.2071.2070%1.185+2%1.266-5%0.997+21%
Usd Free Cash Flow---1067372400.000-1067372400.0000%-511749600.000-52%-776244357.600-27%-695697685.714-35%
Usd Free Cash Flow Per Share---3.946-3.9460%-2.022-49%-3.171-20%-2.874-27%
Usd Free Cash Flow To Equity Per Share---0.173-0.1730%3.775-105%1.197-114%1.025-117%
Usd Market Cap--3951643715.7963951643715.7960%3177187258.050+24%3600563736.210+10%2912550873.264+36%
Usd Price Per Share28.322+48%14.60814.6080%12.555+16%14.772-1%13.481+8%
Usd Profit--326532000.000326532000.0000%299859600.000+9%308563471.200+6%262389661.714+24%
Usd Revenue--2310620400.0002310620400.0000%2090454000.000+11%1971619804.800+17%1772781788.571+30%
Usd Total Gains Per Share--1.6551.6550%1.021+62%1.305+27%2.090-21%
 EOD+3 -3MRQTTM+0 -0YOY+19 -135Y+17 -1710Y+15 -19

3.2. Fundamental Score

Let's check the fundamental score of SHRIRAM TRANSPORT FINANCE CO.LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1523.464
Price to Book Ratio (EOD)Between0-12.447
Net Profit Margin (MRQ)Greater than00.141
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.817
Debt to Equity Ratio (MRQ)Less than14.452
Return on Equity (MRQ)Greater than0.150.104
Return on Assets (MRQ)Greater than0.050.019
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of SHRIRAM TRANSPORT FINANCE CO.LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.190
Ma 20Greater thanMa 502,370.220
Ma 50Greater thanMa 1002,370.782
Ma 100Greater thanMa 2002,205.107
OpenGreater thanClose2,379.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2021-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,422,681,600
Total Liabilities1,161,739,000
Total Stockholder Equity260,942,600
 As reported
Total Liabilities 1,161,739,000
Total Stockholder Equity+ 260,942,600
Total Assets = 1,422,681,600

Assets

Total Assets1,422,681,600
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 1,006,100
Net Receivables 53,500
Total Current Assets  (as reported)0
Total Current Assets  (calculated)1,059,600
+/- 1,059,600
Long-term Assets
Property Plant Equipment 4,130,800
Long Term Investments 71,726,300
Intangible Assets 30,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)75,887,500
+/- 75,887,500

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity260,942,600
Total Current Liabilities
Short-term Debt 219,791,000
Accounts payable 1,660,300
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)221,451,300
+/- 221,451,300
Long-term Liabilities
Long term Debt Total 607,641,100
Capital Lease Obligations Min Short Term Debt-219,791,000
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)387,850,100
+/- 387,850,100
Total Stockholder Equity
Common Stock2,705,200
Retained Earnings 203,863,200
Capital Surplus 56,623,800
Other Stockholders Equity -2,249,600
Total Stockholder Equity (as reported)260,942,600
Total Stockholder Equity (calculated)260,942,600
+/-0
Other
Capital Stock2,705,200
Cash And Equivalents105,618,300
Cash and Short Term Investments 106,624,400
Common Stock Shares Outstanding 270,520
Liabilities and Stockholders Equity 1,422,681,600
Net Debt 812,818,500
Net Invested Capital 1,186,641,600



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
680,134,668
817,495,495
973,599,286
1,054,189,585
1,142,657,900
1,299,102,600
1,422,681,600
1,422,681,6001,299,102,6001,142,657,9001,054,189,585973,599,286817,495,495680,134,668
   > Total Current Assets 
0
713,132,028
947,106,902
1,010,546,600
1,107,780,000
0
0
001,107,780,0001,010,546,600947,106,902713,132,0280
       Cash And Cash Equivalents 
503,628
10,215,505
9,853,232
8,874,854
30,453,700
857,700
1,006,100
1,006,100857,70030,453,7008,874,8549,853,23210,215,505503,628
       Net Receivables 
100,948
667,771,085
908,094,574
968,319,700
1,023,146,300
89,200
53,500
53,50089,2001,023,146,300968,319,700908,094,574667,771,085100,948
       Other Current Assets 
0
907,828
27,999,782
31,718,300
46,156,500
0
0
0046,156,50031,718,30027,999,782907,8280
   > Long-term Assets 0000000
       Property Plant Equipment 
1,505,281
1,324,645
1,182,176
1,434,600
4,777,200
4,329,500
4,130,800
4,130,8004,329,5004,777,2001,434,6001,182,1761,324,6451,505,281
       Long Term Investments 
0
15,182,690
14,930,998
41,472,544
36,943,600
35,650,500
71,726,300
71,726,30035,650,50036,943,60041,472,54414,930,99815,182,6900
       Intangible Assets 
15,843
17,633
17,378
19,656
26,700
23,900
30,400
30,40023,90026,70019,65617,37817,63315,843
> Total Liabilities 
578,379,835
703,061,486
836,695,643
894,561,995
961,234,800
1,081,929,700
1,161,739,000
1,161,739,0001,081,929,700961,234,800894,561,995836,695,643703,061,486578,379,835
   > Total Current Liabilities 
0
241,160,545
380,262,816
430,414,700
372,871,600
0
0
00372,871,600430,414,700380,262,816241,160,5450
       Short-term Debt 
35,505,260
91,174,489
87,032,544
104,104,198
119,867,500
162,896,800
219,791,000
219,791,000162,896,800119,867,500104,104,19887,032,54491,174,48935,505,260
       Accounts payable 
0
1,716,728
88,175,181
104,749,200
121,039,600
2,555,100
1,660,300
1,660,3002,555,100121,039,600104,749,20088,175,1811,716,7280
       Other Current Liabilities 
0
16,354,915
4,916,607
5,724,500
5,781,500
0
0
005,781,5005,724,5004,916,60716,354,9150
   > Long-term Liabilities 0000000
       Long term Debt Total 
302,688,874
361,077,229
452,028,370
461,025,849
587,223,000
574,646,400
607,641,100
607,641,100574,646,400587,223,000461,025,849452,028,370361,077,229302,688,874
       Other Liabilities 
0
52,048,170
4,951,210
3,770,800
2,921,300
0
0
002,921,3003,770,8004,951,21052,048,1700
> Total Stockholder Equity
101,754,833
114,434,009
136,903,643
159,627,590
181,423,100
217,172,900
260,942,600
260,942,600217,172,900181,423,100159,627,590136,903,643114,434,009101,754,833
   Common Stock
2,269,067
2,268,827
2,268,827
2,268,800
2,268,800
2,530,600
2,705,200
2,705,2002,530,6002,268,8002,268,8002,268,8272,268,8272,269,067
   Retained Earnings 
81,934,974
86,395,053
114,129,793
135,297,500
154,780,100
183,651,000
203,863,200
203,863,200183,651,000154,780,100135,297,500114,129,79386,395,05381,934,974
   Capital Surplus 
17,548,106
17,548,106
17,548,106
17,548,106
17,548,100
32,012,700
56,623,800
56,623,80032,012,70017,548,10017,548,10617,548,10617,548,10617,548,106
   Treasury Stock0000000
   Other Stockholders Equity 
0
7,107,333
2,956,917
4,513,100
6,826,100
-1,021,400
-2,249,600
-2,249,600-1,021,4006,826,1004,513,1002,956,9177,107,3330



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, 2021-12-31)

Gross Profit (+$)
totalRevenue192,551,700
Cost of Revenue-97,940,800
Gross Profit94,610,90094,610,900
 
Operating Income (+$)
Gross Profit94,610,900
Operating Expense-0
Operating Income35,629,50094,610,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative18,011,300
Selling And Marketing Expenses0
Operating Expense018,011,300
 
Net Interest Income (+$)
Interest Income318,200
Interest Expense-300
Other Finance Cost-88,803,100
Net Interest Income89,121,000
 
Pretax Income (+$)
Operating Income35,629,500
Net Interest Income89,121,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)35,492,50035,629,500
EBIT - interestExpense = -300
27,211,000
27,211,300
Interest Expense300
Earnings Before Interest and Taxes (EBIT)035,492,800
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax35,492,500
Tax Provision-8,413,200
Net Income From Continuing Ops27,211,00027,079,300
Net Income27,211,000
Net Income Applicable To Common Shares27,211,000
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-89,121,000
 

Technical Analysis of SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The general trend of SHRIRAM TRANSPORT FINANCE CO.LTD. is BULLISH with 42.9% 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 SHRIRAM TRANSPORT FINANCE CO.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 (42.9%) Bearish trend (-42.9%)
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 SHRIRAM TRANSPORT FINANCE CO.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: 2,501 < 2,535.

The bearish price targets are: 2,256 > 2,251 > 2,246.

Tweet this
SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

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

Directionalities and relatives.

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

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

SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current macd is -6.45993442.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Moving Average Convergence/Divergence (MACD) ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current adx is 17.01.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-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 SHRIRAM TRANSPORT FINANCE CO.LTD. shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current sar is 2,429.

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
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of SHRIRAM TRANSPORT FINANCE CO.LTD.. The current rsi is 50.19. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Relative Strength Index (RSI) ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current phase is Correction in bull market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the SHRIRAM TRANSPORT FINANCE CO.LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Stochastic Oscillator ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current cci is -10.2033388.

SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Commodity Channel Index (CCI) ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current cmo is 1.25744915.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Chande Momentum Oscillator (CMO) ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current willr is -56.32873425.

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 SHRIRAM TRANSPORT FINANCE CO.LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Williams %R ChartSHRIRAM TRANSPORT FINANCE CO.LTD. Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of SHRIRAM TRANSPORT FINANCE CO.LTD..

SHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current atr is 76.33.

SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Average True Range (ATR) ChartSHRIRAM TRANSPORT FINANCE CO.LTD. Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of SHRIRAM TRANSPORT FINANCE CO.LTD.. The current obv is 6,010,426.

SHRIRAM TRANSPORT FINANCE CO.LTD. Daily On-Balance Volume (OBV) ChartSHRIRAM TRANSPORT FINANCE CO.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 SHRIRAM TRANSPORT FINANCE CO.LTD.. The current mfi is 62.97.

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

  • MFI > 50: +1
SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Money Flow Index (MFI) ChartSHRIRAM TRANSPORT FINANCE CO.LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SHRIRAM TRANSPORT FINANCE CO.LTD..

6.2. Trading Signals

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

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

6.3. Candlestick Patterns

SHRIRAM TRANSPORT FINANCE CO.LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SHRIRAM TRANSPORT FINANCE CO.LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5050.190
Ma 20Greater thanMa 502,370.220
Ma 50Greater thanMa 1002,370.782
Ma 100Greater thanMa 2002,205.107
OpenGreater thanClose2,379.000
Total4/5 (80.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of SHRIRAM TRANSPORT FINANCE CO.LTD. with someone you think should read this too:
  • Are you bullish or bearish on SHRIRAM TRANSPORT FINANCE CO.LTD.? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about SHRIRAM TRANSPORT FINANCE CO.LTD.? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about SHRIRAM TRANSPORT FINANCE CO.LTD.

I send you an email if I find something interesting about SHRIRAM TRANSPORT FINANCE CO.LTD..


Comments

How you think about this?

Leave a comment

Stay informed about SHRIRAM TRANSPORT FINANCE CO.LTD..

Receive notifications about SHRIRAM TRANSPORT FINANCE CO.LTD. in your mailbox!