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Sundaram Brake Linings Limited
Buy, Hold or Sell?

Let's analyse Sundaram Brake Linings Limited together

PenkeI guess you are interested in Sundaram Brake Linings 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 Sundaram Brake Linings 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 Sundaram Brake Linings Limited (30 sec.)










What can you expect buying and holding a share of Sundaram Brake Linings Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
40.0%

What is your share worth?

Current worth
INR217.08
Expected worth in 1 year
INR164.00
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR-53.08
Return On Investment
-7.8%

For what price can you sell your share?

Current Price per Share
INR679.50
Expected price per share
INR592.55 - INR780.00
How sure are you?
50%

1. Valuation of Sundaram Brake Linings Limited (5 min.)




Live pricePrice per Share (EOD)

INR679.50

Intrinsic Value Per Share

INR-635.68 - INR-16.68

Total Value Per Share

INR-418.60 - INR200.40

2. Growth of Sundaram Brake Linings Limited (5 min.)




Is Sundaram Brake Linings Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$10.2m$10.8m-$626.5k-6.1%

How much money is Sundaram Brake Linings Limited making?

Current yearPrevious yearGrowGrow %
Making money-$573.7k$9.3k-$583.1k-101.6%
Net Profit Margin-1.3%0.0%--

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

3. Financial Health of Sundaram Brake Linings Limited (5 min.)




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




  Industry Rankings (Auto Parts)  


Richest
#531 / 564

Most Revenue
#410 / 564

Most Profit
#472 / 564

Most Efficient
#469 / 564

What can you expect buying and holding a share of Sundaram Brake Linings Limited? (5 min.)

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

What can you expect buying and holding a share of Sundaram Brake Linings Limited?

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

Speculation

The Price per Share of Sundaram Brake Linings Limited is INR679.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Sundaram Brake Linings Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR217.08. Based on the TTM, the Book Value Change Per Share is INR-13.27 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.16 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sundaram Brake Linings Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.150.0%-0.150.0%0.000.0%0.070.0%-0.010.0%
Usd Book Value Change Per Share-0.160.0%-0.160.0%0.010.0%0.070.0%-0.020.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.160.0%-0.160.0%0.010.0%0.070.0%-0.020.0%
Usd Price Per Share3.40-3.40-4.09-3.50-3.75-
Price to Earnings Ratio-23.30--23.30-1,727.27-353.96-164.26-
Price-to-Total Gains Ratio-21.34--21.34-292.97-68.55-65.14-
Price to Book Ratio1.30-1.30-1.48-1.32--349.67-
Price-to-Total Gains Ratio-21.34--21.34-292.97-68.55-65.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share8.154
Number of shares122
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.160.07
Usd Total Gains Per Share-0.160.07
Gains per Quarter (122 shares)-19.438.00
Gains per Year (122 shares)-77.7132.01
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-78-8803222
20-155-16606454
30-233-24409686
40-311-3220128118
50-389-4000160150
60-466-4780192182
70-544-5560224214
80-622-6340256246
90-699-7120288278
100-777-7900320310

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 Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%12.05.00.070.6%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%11.06.00.064.7%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%4.00.06.040.0%11.00.06.064.7%
Total Gains per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%6.04.00.060.0%12.05.00.070.6%

Fundamentals of Sundaram Brake Linings Limited

About Sundaram Brake Linings Limited

Sundaram Brake Linings Limited engages in the manufacture and sale of asbestos free friction materials in India and internationally. It offers brake linings, brake pads, and clutch facings. The company's products are used in commercial vehicles, passenger cars, agricultural tractors, railways, and two wheelers. It also exports its products. The company was incorporated in 1974 and is headquartered in Chennai, India.

Fundamental data was last updated by Penke on 2024-03-23 18:40:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

Valuation

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

1.1. Profitability of Sundaram Brake Linings Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sundaram Brake Linings Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • A Net Profit Margin of -1.3% means that ₹-0.01 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Sundaram Brake Linings Limited:

  • The MRQ is -1.3%. The company is making a loss. -1
  • The TTM is -1.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-1.3%TTM-1.3%0.0%
TTM-1.3%YOY0.0%-1.4%
TTM-1.3%5Y1.0%-2.3%
5Y1.0%10Y-0.1%+1.1%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%3.9%-5.2%
TTM-1.3%3.6%-4.9%
YOY0.0%3.5%-3.5%
5Y1.0%2.9%-1.9%
10Y-0.1%4.0%-4.1%
1.1.2. Return on Assets

Shows how efficient Sundaram Brake Linings Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • -2.3% Return on Assets means that Sundaram Brake Linings Limited generated ₹-0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sundaram Brake Linings Limited:

  • The MRQ is -2.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-2.3%TTM-2.3%0.0%
TTM-2.3%YOY0.0%-2.4%
TTM-2.3%5Y1.2%-3.6%
5Y1.2%10Y-0.1%+1.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.3%1.2%-3.5%
TTM-2.3%1.0%-3.3%
YOY0.0%1.0%-1.0%
5Y1.2%1.0%+0.2%
10Y-0.1%1.2%-1.3%
1.1.3. Return on Equity

Shows how efficient Sundaram Brake Linings Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • -5.6% Return on Equity means Sundaram Brake Linings Limited generated ₹-0.06 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sundaram Brake Linings Limited:

  • The MRQ is -5.6%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -5.6%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-5.6%TTM-5.6%0.0%
TTM-5.6%YOY0.1%-5.7%
TTM-5.6%5Y2.5%-8.1%
5Y2.5%10Y-0.6%+3.2%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.6%2.4%-8.0%
TTM-5.6%2.2%-7.8%
YOY0.1%2.1%-2.0%
5Y2.5%1.8%+0.7%
10Y-0.6%2.3%-2.9%

1.2. Operating Efficiency of Sundaram Brake Linings Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sundaram Brake Linings Limited is operating .

  • Measures how much profit Sundaram Brake Linings Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • An Operating Margin of -0.5% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Sundaram Brake Linings Limited:

  • The MRQ is -0.5%. The company is operating very inefficient. -2
  • The TTM is -0.5%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-0.5%TTM-0.5%0.0%
TTM-0.5%YOY-0.1%-0.4%
TTM-0.5%5Y1.2%-1.7%
5Y1.2%10Y0.9%+0.3%
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.5%6.0%-6.5%
TTM-0.5%3.6%-4.1%
YOY-0.1%4.6%-4.7%
5Y1.2%4.9%-3.7%
10Y0.9%4.8%-3.9%
1.2.2. Operating Ratio

Measures how efficient Sundaram Brake Linings Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Auto Parts industry mean).
  • An Operation Ratio of 1.01 means that the operating costs are ₹1.01 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Sundaram Brake Linings Limited:

  • The MRQ is 1.013. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.013. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.013TTM1.0130.000
TTM1.013YOY1.009+0.003
TTM1.0135Y0.996+0.017
5Y0.99610Y0.999-0.003
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0131.618-0.605
TTM1.0131.616-0.603
YOY1.0091.621-0.612
5Y0.9961.568-0.572
10Y0.9991.278-0.279

1.3. Liquidity of Sundaram Brake Linings Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sundaram Brake Linings Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Auto Parts industry mean).
  • A Current Ratio of 1.24 means the company has ₹1.24 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Sundaram Brake Linings Limited:

  • The MRQ is 1.244. The company is just able to pay all its short-term debts.
  • The TTM is 1.244. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.244TTM1.2440.000
TTM1.244YOY1.282-0.039
TTM1.2445Y1.325-0.081
5Y1.32510Y1.248+0.077
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2441.649-0.405
TTM1.2441.646-0.402
YOY1.2821.604-0.322
5Y1.3251.579-0.254
10Y1.2481.351-0.103
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • A Quick Ratio of 0.70 means the company can pay off ₹0.70 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sundaram Brake Linings Limited:

  • The MRQ is 0.698. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.698. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.698TTM0.6980.000
TTM0.698YOY0.694+0.004
TTM0.6985Y0.788-0.090
5Y0.78810Y0.776+0.012
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6980.6980.000
TTM0.6980.714-0.016
YOY0.6940.742-0.048
5Y0.7880.752+0.036
10Y0.7760.782-0.006

1.4. Solvency of Sundaram Brake Linings Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sundaram Brake Linings Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sundaram Brake Linings Limited to Auto Parts industry mean.
  • A Debt to Asset Ratio of 0.59 means that Sundaram Brake Linings Limited assets are financed with 58.6% credit (debt) and the remaining percentage (100% - 58.6%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sundaram Brake Linings Limited:

  • The MRQ is 0.586. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.586. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.586TTM0.5860.000
TTM0.586YOY0.540+0.045
TTM0.5865Y0.545+0.040
5Y0.54510Y0.601-0.056
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5860.497+0.089
TTM0.5860.497+0.089
YOY0.5400.497+0.043
5Y0.5450.497+0.048
10Y0.6010.487+0.114
1.4.2. Debt to Equity Ratio

Measures if Sundaram Brake Linings Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • A Debt to Equity ratio of 141.3% means that company has ₹1.41 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sundaram Brake Linings Limited:

  • The MRQ is 1.413. The company is able to pay all its debts with equity. +1
  • The TTM is 1.413. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.413TTM1.4130.000
TTM1.413YOY1.175+0.238
TTM1.4135Y1.208+0.205
5Y1.20810Y1.266-0.058
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4131.014+0.399
TTM1.4131.017+0.396
YOY1.1751.031+0.144
5Y1.2081.040+0.168
10Y1.2661.047+0.219

2. Market Valuation of Sundaram Brake Linings 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 Sundaram Brake Linings Limited generates.

  • Above 15 is considered overpriced but always compare Sundaram Brake Linings Limited to the Auto Parts industry mean.
  • A PE ratio of -23.30 means the investor is paying ₹-23.30 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sundaram Brake Linings Limited:

  • The EOD is -55.913. Based on the earnings, the company is expensive. -2
  • The MRQ is -23.303. Based on the earnings, the company is expensive. -2
  • The TTM is -23.303. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-55.913MRQ-23.303-32.610
MRQ-23.303TTM-23.3030.000
TTM-23.303YOY1,727.265-1,750.569
TTM-23.3035Y353.962-377.265
5Y353.96210Y164.264+189.697
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-55.91312.519-68.432
MRQ-23.30311.721-35.024
TTM-23.30312.530-35.833
YOY1,727.26515.239+1,712.026
5Y353.96216.864+337.098
10Y164.26421.191+143.073
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Sundaram Brake Linings Limited:

  • The EOD is -56.638. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -23.605. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -23.605. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-56.638MRQ-23.605-33.033
MRQ-23.605TTM-23.6050.000
TTM-23.605YOY-12.826-10.780
TTM-23.6055Y-31.857+8.251
5Y-31.85710Y-16.494-15.362
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD-56.6385.310-61.948
MRQ-23.6054.924-28.529
TTM-23.6053.607-27.212
YOY-12.8261.026-13.852
5Y-31.8572.264-34.121
10Y-16.4942.514-19.008
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sundaram Brake Linings Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Auto Parts industry mean).
  • A PB ratio of 1.30 means the investor is paying ₹1.30 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Sundaram Brake Linings Limited:

  • The EOD is 3.130. Based on the equity, the company is fair priced.
  • The MRQ is 1.305. Based on the equity, the company is underpriced. +1
  • The TTM is 1.305. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.130MRQ1.305+1.826
MRQ1.305TTM1.3050.000
TTM1.305YOY1.481-0.176
TTM1.3055Y1.322-0.017
5Y1.32210Y-349.665+350.987
Compared to industry (Auto Parts)
PeriodCompanyIndustry (mean)+/- 
EOD3.1301.521+1.609
MRQ1.3051.481-0.176
TTM1.3051.516-0.211
YOY1.4811.624-0.143
5Y1.3221.700-0.378
10Y-349.6652.242-351.907
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sundaram Brake Linings 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---13.270-13.2700%1.164-1240%5.467-343%-1.626-88%
Book Value Per Share--217.076217.0760%230.346-6%219.677-1%186.386+16%
Current Ratio--1.2441.2440%1.282-3%1.325-6%1.2480%
Debt To Asset Ratio--0.5860.5860%0.540+8%0.545+7%0.601-3%
Debt To Equity Ratio--1.4131.4130%1.175+20%1.208+17%1.266+12%
Dividend Per Share----0%-0%-0%0.032-100%
Eps---12.153-12.1530%0.197-6254%5.525-320%-0.961-92%
Free Cash Flow Per Share---11.997-11.9970%-26.595+122%-6.854-43%2.051-685%
Free Cash Flow To Equity Per Share---0.309-0.3090%-0.145-53%-1.839+496%0.749-141%
Gross Profit Margin--4.9294.9290%-227.977+4725%-46.369+1041%-27.653+661%
Intrinsic Value_10Y_max---16.676--------
Intrinsic Value_10Y_min---635.676--------
Intrinsic Value_1Y_max--1.251--------
Intrinsic Value_1Y_min---31.132--------
Intrinsic Value_3Y_max--1.532--------
Intrinsic Value_3Y_min---122.300--------
Intrinsic Value_5Y_max---0.871--------
Intrinsic Value_5Y_min---244.291--------
Market Cap2673547110.000+58%1114273056.0001114273056.0000%1342085238.000-17%1146064462.400-3%1230539895.000-9%
Net Profit Margin---0.013-0.0130%0.000-5175%0.010-242%-0.001-92%
Operating Margin---0.005-0.0050%-0.001-75%0.012-139%0.009-151%
Operating Ratio--1.0131.0130%1.009+0%0.996+2%0.999+1%
Pb Ratio3.130+58%1.3051.3050%1.481-12%1.322-1%-349.665+26902%
Pe Ratio-55.913-140%-23.303-23.3030%1727.265-101%353.962-107%164.264-114%
Price Per Share679.500+58%283.200283.2000%341.100-17%291.280-3%312.750-9%
Price To Free Cash Flow Ratio-56.638-140%-23.605-23.6050%-12.826-46%-31.857+35%-16.494-30%
Price To Total Gains Ratio-51.207-140%-21.342-21.3420%292.968-107%68.548-131%65.139-133%
Quick Ratio--0.6980.6980%0.694+1%0.788-11%0.776-10%
Return On Assets---0.023-0.0230%0.000-5987%0.012-288%-0.001-97%
Return On Equity---0.056-0.0560%0.001-6630%0.025-320%-0.006-89%
Total Gains Per Share---13.270-13.2700%1.164-1240%5.467-343%-1.594-88%
Usd Book Value--10249236.00010249236.0000%10875768.000-6%10372034.400-1%8800196.400+16%
Usd Book Value Change Per Share---0.159-0.1590%0.014-1240%0.066-343%-0.020-88%
Usd Book Value Per Share--2.6052.6050%2.764-6%2.636-1%2.237+16%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps---0.146-0.1460%0.002-6254%0.066-320%-0.012-92%
Usd Free Cash Flow---566448.000-566448.0000%-1255692.000+122%-323596.800-43%96831.600-685%
Usd Free Cash Flow Per Share---0.144-0.1440%-0.319+122%-0.082-43%0.025-685%
Usd Free Cash Flow To Equity Per Share---0.004-0.0040%-0.002-53%-0.022+496%0.009-141%
Usd Market Cap32082565.320+58%13371276.67213371276.6720%16105022.856-17%13752773.549-3%14766478.740-9%
Usd Price Per Share8.154+58%3.3983.3980%4.093-17%3.495-3%3.753-9%
Usd Profit---573792.000-573792.0000%9324.000-6254%260848.800-320%-37246.800-94%
Usd Revenue--42580608.00042580608.0000%35115768.000+21%33967396.800+25%31138670.400+37%
Usd Total Gains Per Share---0.159-0.1590%0.014-1240%0.066-343%-0.019-88%
 EOD+5 -3MRQTTM+0 -0YOY+10 -245Y+7 -2710Y+9 -27

3.2. Fundamental Score

Let's check the fundamental score of Sundaram Brake Linings Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-55.913
Price to Book Ratio (EOD)Between0-13.130
Net Profit Margin (MRQ)Greater than0-0.013
Operating Margin (MRQ)Greater than0-0.005
Quick Ratio (MRQ)Greater than10.698
Current Ratio (MRQ)Greater than11.244
Debt to Asset Ratio (MRQ)Less than10.586
Debt to Equity Ratio (MRQ)Less than11.413
Return on Equity (MRQ)Greater than0.15-0.056
Return on Assets (MRQ)Greater than0.05-0.023
Total2/10 (20.0%)

3.3. Technical Score

Let's check the technical score of Sundaram Brake Linings Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.575
Ma 20Greater thanMa 50666.785
Ma 50Greater thanMa 100667.181
Ma 100Greater thanMa 200653.043
OpenGreater thanClose672.350
Total3/5 (60.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Income before Tax  64,930-34,91730,013-9,02820,985-19,6581,327-55,302-53,975
Net Income  70,542-45,36825,17434,83660,010-59,233777-48,593-47,816
Total Other Income Expense Net 84532,08032,925-31,8851,04034,42435,464-44,967-9,503
Net Income from Continuing Operations  70,542-45,36525,17734,83360,010-59,233777-48,593-47,816
Net Income Applicable to Common Shares  70,541-45,36725,17434,83660,010-59,233777-48,593-47,816



Latest Balance Sheet

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

Summary
Total Assets2,060,602
Total Liabilities1,206,499
Total Stockholder Equity854,103
 As reported
Total Liabilities 1,206,499
Total Stockholder Equity+ 854,103
Total Assets = 2,060,602

Assets

Total Assets2,060,602
Total Current Assets1,316,666
Long-term Assets743,936
Total Current Assets
Cash And Cash Equivalents 2,538
Short-term Investments 23,308
Net Receivables 689,846
Inventory 556,705
Other Current Assets 44,269
Total Current Assets  (as reported)1,316,666
Total Current Assets  (calculated)1,316,666
+/-0
Long-term Assets
Property Plant Equipment 668,046
Intangible Assets 13,090
Other Assets 53,506
Long-term Assets  (as reported)743,936
Long-term Assets  (calculated)734,642
+/- 9,294

Liabilities & Shareholders' Equity

Total Current Liabilities1,058,833
Long-term Liabilities147,666
Total Stockholder Equity854,103
Total Current Liabilities
Short-term Debt 450,357
Short Long Term Debt 450,357
Accounts payable 507,293
Other Current Liabilities 14,599
Total Current Liabilities  (as reported)1,058,833
Total Current Liabilities  (calculated)1,422,606
+/- 363,773
Long-term Liabilities
Long term Debt Total 49,363
Other Liabilities 98,303
Long-term Liabilities  (as reported)147,666
Long-term Liabilities  (calculated)147,666
+/-0
Total Stockholder Equity
Common Stock39,346
Retained Earnings 159,773
Accumulated Other Comprehensive Income 485,002
Capital Surplus 170,043
Total Stockholder Equity (as reported)854,103
Total Stockholder Equity (calculated)854,164
+/- 61
Other
Capital Stock39,346
Cash And Equivalents10
Cash and Short Term Investments 25,846
Common Stock Shares Outstanding 3,935
Current Deferred Revenue86,584
Liabilities and Stockholders Equity 2,060,602
Net Debt 497,182
Net Invested Capital 1,353,823
Net Tangible Assets 842,691
Net Working Capital 257,833
Property Plant and Equipment Gross 668,046
Short Long Term Debt Total 499,720



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 
1,434,131
1,448,483
1,297,616
1,631,996
1,754,874
1,765,530
1,753,296
1,826,228
1,767,755
1,715,986
891,869
1,698,907
1,887,386
1,789,833
1,819,649
1,971,152
2,060,602
2,060,6021,971,1521,819,6491,789,8331,887,3861,698,907891,8691,715,9861,767,7551,826,2281,753,2961,765,5301,754,8741,631,9961,297,6161,448,4831,434,131
   > Total Current Assets 
684,766
696,998
581,029
908,655
897,409
854,855
860,448
915,759
916,393
899,644
826,560
956,819
1,129,970
1,035,802
1,079,454
1,228,648
1,316,666
1,316,6661,228,6481,079,4541,035,8021,129,970956,819826,560899,644916,393915,759860,448854,855897,409908,655581,029696,998684,766
       Cash And Cash Equivalents 
15,545
29,883
11,517
170,441
123,873
93,633
36,535
39,514
34,345
43,696
40,221
35,448
38,432
33,478
2,574
2,897
2,538
2,5382,8972,57433,47838,43235,44840,22143,69634,34539,51436,53593,633123,873170,44111,51729,88315,545
       Short-term Investments 
0
0
0
0
0
5,250
0
59
0
0
4,168
1,079
1,472
1,230
4,702
6,626
23,308
23,3086,6264,7021,2301,4721,0794,168005905,25000000
       Net Receivables 
0
0
0
0
0
0
0
582,432
563,945
568,566
467,717
561,279
675,073
604,986
649,858
648,401
689,846
689,846648,401649,858604,986675,073561,279467,717568,566563,945582,4320000000
       Inventory 
98,145
115,328
98,816
113,946
130,316
178,544
247,421
230,023
287,654
255,579
297,840
328,639
385,751
377,065
342,788
484,925
556,705
556,705484,925342,788377,065385,751328,639297,840255,579287,654230,023247,421178,544130,316113,94698,816115,32898,145
       Other Current Assets 
571,076
551,787
470,696
624,268
643,220
577,428
576,492
646,163
594,394
600,369
488,499
591,653
704,315
624,029
79,532
85,799
44,269
44,26985,79979,532624,029704,315591,653488,499600,369594,394646,163576,492577,428643,220624,268470,696551,787571,076
   > Long-term Assets 
749,365
751,485
716,587
723,341
857,465
910,675
892,848
910,469
851,362
816,342
65,309
742,088
757,413
754,032
740,198
742,504
743,936
743,936742,504740,198754,032757,413742,08865,309816,342851,362910,469892,848910,675857,465723,341716,587751,485749,365
       Property Plant Equipment 
744,114
746,234
711,336
718,090
852,214
880,324
860,803
871,524
807,397
773,046
706,356
689,817
666,328
667,378
677,204
680,610
668,046
668,046680,610677,204667,378666,328689,817706,356773,046807,397871,524860,803880,324852,214718,090711,336746,234744,114
       Long Term Investments 
0
0
0
0
0
0
0
60
210
211
247
258
258
0
0
0
0
0000258258247211210600000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
10,128
10,128
14,580
12,172
13,090
13,09012,17214,58010,12810,128000000000000
       Long-term Assets Other 
5,251
5,251
5,251
5,251
5,251
35,600
32,045
39,003
43,965
43,296
-641,047
53,092
92,299
-714,474
34,031
-1
14,301
14,301-134,031-714,47492,29953,092-641,04743,29643,96539,00332,04535,6005,2515,2515,2515,2515,251
> Total Liabilities 
785,036
747,671
564,372
706,482
784,640
803,369
835,215
960,312
1,069,190
1,014,741
892,330
952,356
1,067,537
950,151
917,916
1,064,838
1,206,499
1,206,4991,064,838917,916950,1511,067,537952,356892,3301,014,7411,069,190960,312835,215803,369784,640706,482564,372747,671785,036
   > Total Current Liabilities 
216,367
279,423
207,999
276,993
281,255
572,339
584,308
694,796
865,686
853,869
757,526
716,265
850,018
730,705
798,419
958,114
1,058,833
1,058,833958,114798,419730,705850,018716,265757,526853,869865,686694,796584,308572,339281,255276,993207,999279,423216,367
       Short-term Debt 
0
0
0
0
0
0
253,641
275,503
376,488
401,885
330,202
302,166
333,806
240,099
285,434
416,413
450,357
450,357416,413285,434240,099333,806302,166330,202401,885376,488275,503253,641000000
       Short Long Term Debt 
0
0
0
0
0
0
0
458,358
59,470
47,915
330,202
302,166
333,806
240,099
248,834
416,413
450,357
450,357416,413248,834240,099333,806302,166330,20247,91559,470458,3580000000
       Accounts payable 
0
0
0
0
0
0
230,162
229,972
227,339
358,353
343,703
300,601
332,325
317,760
374,552
422,566
507,293
507,293422,566374,552317,760332,325300,601343,703358,353227,339229,972230,162000000
       Other Current Liabilities 
216,367
279,423
207,999
276,993
281,255
572,339
100,505
189,321
261,859
93,631
83,621
113,498
180,932
396,513
-30
13,057
14,599
14,59913,057-30396,513180,932113,49883,62193,631261,859189,321100,505572,339281,255276,993207,999279,423216,367
   > Long-term Liabilities 
568,669
468,248
356,373
429,489
503,385
231,030
250,907
265,516
203,504
160,872
134,804
236,091
217,519
219,446
119,497
106,724
147,666
147,666106,724119,497219,446217,519236,091134,804160,872203,504265,516250,907231,030503,385429,489356,373468,248568,669
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
12,300
0
49,363
49,363012,30000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
135,881
127,089
139,182
212,791
236,091
217,519
219,446
107,197
106,724
98,303
98,303106,724107,197219,446217,519236,091212,791139,182127,089135,8810000000
> Total Stockholder Equity
649,095
700,812
733,244
925,514
970,234
962,161
918,081
865,916
698,565
701,245
709,662
746,551
819,849
839,682
901,733
906,314
854,103
854,103906,314901,733839,682819,849746,551709,662701,245698,565865,916918,081962,161970,234925,514733,244700,812649,095
   Common Stock
27,135
27,135
27,135
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,346
39,34639,34639,34639,34639,34639,34639,34639,34639,34639,34639,34639,34639,34639,34627,13527,13527,135
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-431,095
-488,752
-541,041
-599,616
-662,653
-732,711
-804,283
-847,133
-937,889
-993,328
-108,102
-151,126
-200,539
-250,511
483,551
485,002
485,002
485,002485,002483,551-250,511-200,539-151,126-108,102-993,328-937,889-847,133-804,283-732,711-662,653-599,616-541,041-488,752-431,095
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
170,043
170,043
170,043
170,043
170,043
170,043170,043170,043170,043170,043000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
1,053,055
1,162,429
1,247,150
1,485,784
1,593,541
1,655,526
1,670,645
1,673,494
1,594,873
1,650,312
760,651
805,202
857,371
-673,067
169,982
169,982
169,982
169,982169,982169,982-673,067857,371805,202760,6511,650,3121,594,8731,673,4941,670,6451,655,5261,593,5411,485,7841,247,1501,162,4291,053,055



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 (+$)
totalRevenue3,548,384
Cost of Revenue-2,137,101
Gross Profit1,411,2831,411,283
 
Operating Income (+$)
Gross Profit1,411,283
Operating Expense-1,455,755
Operating Income-44,472-44,472
 
Operating Expense (+$)
Research Development52,842
Selling General Administrative32,682
Selling And Marketing Expenses187,889
Operating Expense1,455,755273,413
 
Net Interest Income (+$)
Interest Income37,157
Interest Expense-37,157
Other Finance Cost-37,157
Net Interest Income-37,157
 
Pretax Income (+$)
Operating Income-44,472
Net Interest Income-37,157
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-53,975-34,969
EBIT - interestExpense = -53,975
-53,975
-10,659
Interest Expense37,157
Earnings Before Interest and Taxes (EBIT)-16,818-16,818
Earnings Before Interest and Taxes (EBITDA)44,264
 
After tax Income (+$)
Income Before Tax-53,975
Tax Provision--6,159
Net Income From Continuing Ops-47,816-47,816
Net Income-47,816
Net Income Applicable To Common Shares-47,816
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses3,592,856
Total Other Income/Expenses Net-9,50337,157
 

Technical Analysis of Sundaram Brake Linings Limited
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Sundaram Brake Linings Limited. The general trend of Sundaram Brake Linings Limited is BULLISH with 71.4% 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 Sundaram Brake Linings Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
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 Sundaram Brake Linings Limited.

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

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

The bullish price targets are: 747.95 < 768.00 < 780.00.

The bearish price targets are: 615.25 > 610.30 > 592.55.

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Sundaram Brake Linings 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 Sundaram Brake Linings Limited. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above 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 above 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

Sundaram Brake Linings 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 Sundaram Brake Linings Limited. The current macd is -4.64426857.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Sundaram Brake Linings Limited price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sundaram Brake Linings Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Sundaram Brake Linings Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Sundaram Brake Linings Limited Daily Moving Average Convergence/Divergence (MACD) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current adx is 12.44.

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 Sundaram Brake Linings Limited 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.
Sundaram Brake Linings 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 Sundaram Brake Linings Limited. The current sar is 616.53.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Sundaram Brake Linings 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 Sundaram Brake Linings Limited. The current rsi is 53.57. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Sundaram Brake Linings Limited Daily Relative Strength Index (RSI) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • 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 Sundaram Brake Linings Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Sundaram Brake Linings Limited Daily Stochastic Oscillator ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current cci is 33.69.

Sundaram Brake Linings Limited Daily Commodity Channel Index (CCI) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current cmo is 14.47.

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
Sundaram Brake Linings Limited Daily Chande Momentum Oscillator (CMO) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current willr is -13.9892905.

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

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Sundaram Brake Linings Limited Daily Williams %R ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited.

Sundaram Brake Linings 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 Sundaram Brake Linings Limited. The current atr is 32.90.

Sundaram Brake Linings Limited Daily Average True Range (ATR) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current obv is 462,502.

Sundaram Brake Linings Limited Daily On-Balance Volume (OBV) ChartSundaram Brake Linings 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 Sundaram Brake Linings Limited. The current mfi is 38.43.

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
Sundaram Brake Linings Limited Daily Money Flow Index (MFI) ChartSundaram Brake Linings Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sundaram Brake Linings 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
2023-11-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-12SAR 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
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-20STOCH 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).
2023-11-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01SAR 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.
2023-12-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29DMI 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.
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).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08DMI 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
2024-01-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-17WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05STOCH 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
2024-02-07DMI 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
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
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
2024-02-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-20BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21DMI 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.
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Sundaram Brake Linings Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sundaram Brake Linings Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5053.575
Ma 20Greater thanMa 50666.785
Ma 50Greater thanMa 100667.181
Ma 100Greater thanMa 200653.043
OpenGreater thanClose672.350
Total3/5 (60.0%)
Penke

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