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SURYALAKSHMI COTTON MILLS LTD.
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Let's analyse Suryalakshmi together

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

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Quick analysis of Suryalakshmi (30 sec.)










What can you expect buying and holding a share of Suryalakshmi? (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?
75.0%

What is your share worth?

Current worth
INR139.87
Expected worth in 1 year
INR162.85
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
INR22.98
Return On Investment
35.3%

For what price can you sell your share?

Current Price per Share
INR65.13
Expected price per share
INR61.05 - INR84.00
How sure are you?
50%

1. Valuation of Suryalakshmi (5 min.)




Live pricePrice per Share (EOD)

INR65.13

Intrinsic Value Per Share

INR264.05 - INR517.00

Total Value Per Share

INR403.92 - INR656.87

2. Growth of Suryalakshmi (5 min.)




Is Suryalakshmi growing?

Current yearPrevious yearGrowGrow %
How rich?$31.5m$30.2m$1.2m4.1%

How much money is Suryalakshmi making?

Current yearPrevious yearGrowGrow %
Making money$1.2m$25.9k$1.2m97.9%
Net Profit Margin1.2%0.0%--

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

3. Financial Health of Suryalakshmi (5 min.)




4. Comparing to competitors in the Textile Manufacturing industry (5 min.)




  Industry Rankings (Textile Manufacturing)  


Richest
#201 / 299

Most Revenue
#95 / 299

Most Profit
#124 / 299

Most Efficient
#156 / 299

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

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

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

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

Speculation

The Price per Share of Suryalakshmi is INR65.13. 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 Suryalakshmi.
  • 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 Suryalakshmi, 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 INR139.87. Based on the TTM, the Book Value Change Per Share is INR5.75 per quarter. Based on the YOY, the Book Value Change Per Share is INR9.84 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 Suryalakshmi.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.070.1%0.070.1%0.000.0%-0.04-0.1%0.020.0%
Usd Book Value Change Per Share0.070.1%0.070.1%0.120.2%-0.020.0%0.210.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.010.0%
Usd Total Gains Per Share0.070.1%0.070.1%0.120.2%-0.020.0%0.220.3%
Usd Price Per Share0.55-0.55-0.94-0.48-0.71-
Price to Earnings Ratio8.35-8.35-683.47-132.89-88.05-
Price-to-Total Gains Ratio8.04-8.04-7.97--1.81--0.99-
Price to Book Ratio0.33-0.33-0.59-0.30-0.40-
Price-to-Total Gains Ratio8.04-8.04-7.97--1.81--0.99-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.78156
Number of shares1279
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.07-0.02
Usd Total Gains Per Share0.07-0.02
Gains per Quarter (1279 shares)88.19-28.90
Gains per Year (1279 shares)352.74-115.60
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
103533431-116-126
207056961-233-242
30105810492-349-358
40141114023-465-474
50176417554-582-590
60211621084-698-706
70246924615-814-822
80282228146-931-938
90317531677-1047-1054
100352735207-1163-1170

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%2.01.00.066.7%2.03.00.040.0%5.03.00.062.5%5.03.00.062.5%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%
Dividend per Share0.00.01.00.0%1.00.02.033.3%3.00.02.060.0%6.00.02.075.0%6.00.02.075.0%
Total Gains per Share1.00.00.0100.0%2.01.00.066.7%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%

Fundamentals of Suryalakshmi

About SURYALAKSHMI COTTON MILLS LTD.

Suryalakshmi Cotton Mills Limited engages in the manufacture and sale of cotton and blended yarns, denim fabrics, and garments in India, Bangladesh, Ethiopia, Guatemala, Venezuela, Mauritius, Korea, Madagascar, Mexico, Lebanon, South Korea, Kenya, and internationally. It operates through two segments: Spinning and Denim (Fabrics). The Spinning segment offers yarns, such as cotton, polyester, viscose, modal, and blends of various fibres. The Denim segment provides a range of denim fabrics, including regular, stretch, and bi-stretch denim, as well as denim fabrics with different weights, colors, and textures. It serves private labels, fashion brands, and retail chains. The company was incorporated in 1962 and is based in Secunderabad, India.

Fundamental data was last updated by Penke on 2024-03-23 18:51:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
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 cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of SURYALAKSHMI COTTON MILLS LTD..

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • A Net Profit Margin of 1.2% 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 SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 1.2%. The company is making a profit. +1
  • The TTM is 1.2%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.2%TTM1.2%0.0%
TTM1.2%YOY0.0%+1.2%
TTM1.2%5Y-1.3%+2.5%
5Y-1.3%10Y0.1%-1.4%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.2%-1.0%
TTM1.2%1.8%-0.6%
YOY0.0%3.7%-3.7%
5Y-1.3%2.1%-3.4%
10Y0.1%2.5%-2.4%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • 1.6% Return on Assets means that Suryalakshmi generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 1.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY0.0%+1.6%
TTM1.6%5Y-0.8%+2.4%
5Y-0.8%10Y0.3%-1.2%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%0.6%+1.0%
TTM1.6%0.5%+1.1%
YOY0.0%1.1%-1.1%
5Y-0.8%0.9%-1.7%
10Y0.3%0.9%-0.6%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • 4.0% Return on Equity means Suryalakshmi generated ₹0.04 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 4.0%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 4.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ4.0%TTM4.0%0.0%
TTM4.0%YOY0.1%+3.9%
TTM4.0%5Y-2.7%+6.7%
5Y-2.7%10Y0.7%-3.5%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ4.0%1.2%+2.8%
TTM4.0%1.2%+2.8%
YOY0.1%2.5%-2.4%
5Y-2.7%1.8%-4.5%
10Y0.7%1.8%-1.1%

1.2. Operating Efficiency of SURYALAKSHMI COTTON MILLS LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Suryalakshmi is operating .

  • Measures how much profit Suryalakshmi 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 Suryalakshmi to the Textile Manufacturing industry mean.
  • An Operating Margin of 5.2% means the company generated ₹0.05  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 5.2%. The company is operating less efficient.
  • The TTM is 5.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY8.4%-3.2%
TTM5.2%5Y4.2%+1.0%
5Y4.2%10Y4.3%-0.1%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%4.3%+0.9%
TTM5.2%2.0%+3.2%
YOY8.4%5.1%+3.3%
5Y4.2%4.2%+0.0%
10Y4.3%3.9%+0.4%
1.2.2. Operating Ratio

Measures how efficient Suryalakshmi is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 1.58 means that the operating costs are ₹1.58 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 1.580. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.580. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.580TTM1.5800.000
TTM1.580YOY1.670-0.089
TTM1.5805Y1.672-0.092
5Y1.67210Y1.538+0.133
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5801.660-0.080
TTM1.5801.676-0.096
YOY1.6701.628+0.042
5Y1.6721.623+0.049
10Y1.5381.380+0.158

1.3. Liquidity of SURYALAKSHMI COTTON MILLS LTD..

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 1.33 means the company has ₹1.33 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 1.331. The company is just able to pay all its short-term debts.
  • The TTM is 1.331. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.331TTM1.3310.000
TTM1.331YOY1.430-0.099
TTM1.3315Y1.221+0.110
5Y1.22110Y1.183+0.038
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3311.491-0.160
TTM1.3311.469-0.138
YOY1.4301.494-0.064
5Y1.2211.521-0.300
10Y1.1831.315-0.132
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • A Quick Ratio of 0.64 means the company can pay off ₹0.64 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 0.644. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.644. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.644TTM0.6440.000
TTM0.644YOY0.480+0.164
TTM0.6445Y0.591+0.053
5Y0.59110Y0.617-0.026
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6440.551+0.093
TTM0.6440.577+0.067
YOY0.4800.634-0.154
5Y0.5910.620-0.029
10Y0.6170.576+0.041

1.4. Solvency of SURYALAKSHMI COTTON MILLS LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Suryalakshmi to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.60 means that Suryalakshmi assets are financed with 59.8% credit (debt) and the remaining percentage (100% - 59.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 0.598. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.598. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.598TTM0.5980.000
TTM0.598YOY0.638-0.041
TTM0.5985Y0.645-0.047
5Y0.64510Y0.646-0.001
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5980.489+0.109
TTM0.5980.487+0.111
YOY0.6380.485+0.153
5Y0.6450.502+0.143
10Y0.6460.519+0.127
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 148.7% means that company has ₹1.49 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The MRQ is 1.487. The company is able to pay all its debts with equity. +1
  • The TTM is 1.487. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.487TTM1.4870.000
TTM1.487YOY1.765-0.279
TTM1.4875Y1.830-0.344
5Y1.83010Y1.846-0.015
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4870.870+0.617
TTM1.4870.903+0.584
YOY1.7650.905+0.860
5Y1.8300.997+0.833
10Y1.8461.163+0.683

2. Market Valuation of SURYALAKSHMI COTTON MILLS 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 Suryalakshmi generates.

  • Above 15 is considered overpriced but always compare Suryalakshmi to the Textile Manufacturing industry mean.
  • A PE ratio of 8.35 means the investor is paying ₹8.35 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The EOD is 11.776. Based on the earnings, the company is underpriced. +1
  • The MRQ is 8.353. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.353. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD11.776MRQ8.353+3.423
MRQ8.353TTM8.3530.000
TTM8.353YOY683.474-675.121
TTM8.3535Y132.893-124.540
5Y132.89310Y88.050+44.843
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD11.7767.682+4.094
MRQ8.3537.177+1.176
TTM8.3537.076+1.277
YOY683.4747.958+675.516
5Y132.89310.526+122.367
10Y88.05014.684+73.366
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The EOD is 1.643. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.165. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 1.165. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.643MRQ1.165+0.477
MRQ1.165TTM1.1650.000
TTM1.165YOY3.628-2.463
TTM1.1655Y1.589-0.424
5Y1.58910Y1.576+0.013
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD1.6432.941-1.298
MRQ1.1652.200-1.035
TTM1.1651.322-0.157
YOY3.6281.143+2.485
5Y1.5890.616+0.973
10Y1.5761.196+0.380
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 0.33 means the investor is paying ₹0.33 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of SURYALAKSHMI COTTON MILLS LTD.:

  • The EOD is 0.466. Based on the equity, the company is cheap. +2
  • The MRQ is 0.330. Based on the equity, the company is cheap. +2
  • The TTM is 0.330. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.466MRQ0.330+0.135
MRQ0.330TTM0.3300.000
TTM0.330YOY0.586-0.256
TTM0.3305Y0.296+0.034
5Y0.29610Y0.404-0.108
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.4661.078-0.612
MRQ0.3301.067-0.737
TTM0.3301.017-0.687
YOY0.5861.121-0.535
5Y0.2961.035-0.739
10Y0.4041.265-0.861
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of SURYALAKSHMI COTTON MILLS 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--5.7465.7460%9.841-42%-1.895+133%17.484-67%
Book Value Per Share--139.870139.8700%134.124+4%133.508+5%142.496-2%
Current Ratio--1.3311.3310%1.430-7%1.221+9%1.183+12%
Debt To Asset Ratio--0.5980.5980%0.638-6%0.645-7%0.646-7%
Debt To Equity Ratio--1.4871.4870%1.765-16%1.830-19%1.846-19%
Dividend Per Share----0%0.025-100%0.012-100%0.574-100%
Eps--5.5315.5310%0.115+4706%-3.448+162%1.482+273%
Free Cash Flow Per Share--39.65239.6520%21.678+83%29.821+33%21.181+87%
Free Cash Flow To Equity Per Share---12.202-12.2020%-4.377-64%-6.034-51%-4.186-66%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--517.001--------
Intrinsic Value_10Y_min--264.046--------
Intrinsic Value_1Y_max--34.639--------
Intrinsic Value_1Y_min--26.021--------
Intrinsic Value_3Y_max--117.160--------
Intrinsic Value_3Y_min--79.025--------
Intrinsic Value_5Y_max--215.457--------
Intrinsic Value_5Y_min--132.547--------
Market Cap1224789189.000+29%868804860.000868804860.0000%1479036845.000-41%749015099.000+16%1111393230.000-22%
Net Profit Margin--0.0120.0120%0.000+4187%-0.013+204%0.001+769%
Operating Margin--0.0520.0520%0.084-38%0.042+23%0.043+21%
Operating Ratio--1.5801.5800%1.670-5%1.672-5%1.538+3%
Pb Ratio0.466+29%0.3300.3300%0.586-44%0.296+12%0.404-18%
Pe Ratio11.776+29%8.3538.3530%683.474-99%132.893-94%88.050-91%
Price Per Share65.130+29%46.20046.2000%78.650-41%39.830+16%59.100-22%
Price To Free Cash Flow Ratio1.643+29%1.1651.1650%3.628-68%1.589-27%1.576-26%
Price To Total Gains Ratio11.335+29%8.0418.0410%7.972+1%-1.813+123%-0.992+112%
Quick Ratio--0.6440.6440%0.480+34%0.591+9%0.617+4%
Return On Assets--0.0160.0160%0.000+5026%-0.008+153%0.003+388%
Return On Equity--0.0400.0400%0.001+4509%-0.027+169%0.007+435%
Total Gains Per Share--5.7465.7460%9.865-42%-1.883+133%18.057-68%
Usd Book Value--31563612.00031563612.0000%30267000.000+4%30127946.400+5%32156127.000-2%
Usd Book Value Change Per Share--0.0690.0690%0.118-42%-0.023+133%0.210-67%
Usd Book Value Per Share--1.6781.6780%1.609+4%1.602+5%1.710-2%
Usd Dividend Per Share----0%0.000-100%0.000-100%0.007-100%
Usd Eps--0.0660.0660%0.001+4706%-0.041+162%0.018+273%
Usd Free Cash Flow--8948076.0008948076.0000%4891992.000+83%6729544.800+33%4779739.500+87%
Usd Free Cash Flow Per Share--0.4760.4760%0.260+83%0.358+33%0.254+87%
Usd Free Cash Flow To Equity Per Share---0.146-0.1460%-0.053-64%-0.072-51%-0.050-66%
Usd Market Cap14697470.268+29%10425658.32010425658.3200%17748442.140-41%8988181.188+16%13336718.760-22%
Usd Price Per Share0.782+29%0.5540.5540%0.944-41%0.478+16%0.709-22%
Usd Profit--1248132.0001248132.0000%25968.000+4706%-778005.600+162%369781.500+238%
Usd Revenue--102125868.000102125868.0000%91084824.000+12%80770274.400+26%84715909.500+21%
Usd Total Gains Per Share--0.0690.0690%0.118-42%-0.023+133%0.217-68%
 EOD+4 -4MRQTTM+0 -0YOY+22 -135Y+29 -610Y+20 -15

3.2. Fundamental Score

Let's check the fundamental score of SURYALAKSHMI COTTON MILLS LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1511.776
Price to Book Ratio (EOD)Between0-10.466
Net Profit Margin (MRQ)Greater than00.012
Operating Margin (MRQ)Greater than00.052
Quick Ratio (MRQ)Greater than10.644
Current Ratio (MRQ)Greater than11.331
Debt to Asset Ratio (MRQ)Less than10.598
Debt to Equity Ratio (MRQ)Less than11.487
Return on Equity (MRQ)Greater than0.150.040
Return on Assets (MRQ)Greater than0.050.016
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of SURYALAKSHMI COTTON MILLS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.163
Ma 20Greater thanMa 5069.904
Ma 50Greater thanMa 10075.058
Ma 100Greater thanMa 20072.888
OpenGreater thanClose66.000
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets6,540,522
Total Liabilities3,910,221
Total Stockholder Equity2,630,301
 As reported
Total Liabilities 3,910,221
Total Stockholder Equity+ 2,630,301
Total Assets = 6,540,522

Assets

Total Assets6,540,522
Total Current Assets3,967,925
Long-term Assets2,572,597
Total Current Assets
Cash And Cash Equivalents 62,800
Short-term Investments 525,035
Net Receivables 1,395,709
Inventory 1,656,090
Other Current Assets 513,893
Total Current Assets  (as reported)3,967,925
Total Current Assets  (calculated)4,153,527
+/- 185,602
Long-term Assets
Property Plant Equipment 2,462,702
Intangible Assets 1,733
Other Assets 108,162
Long-term Assets  (as reported)2,572,597
Long-term Assets  (calculated)2,572,597
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,981,549
Long-term Liabilities962,132
Total Stockholder Equity2,630,301
Total Current Liabilities
Short Long Term Debt 1,370,764
Accounts payable 1,313,485
Other Current Liabilities 125,366
Total Current Liabilities  (as reported)2,981,549
Total Current Liabilities  (calculated)2,809,615
+/- 171,934
Long-term Liabilities
Long term Debt 606,454
Capital Lease Obligations Min Short Term Debt984
Other Liabilities 355,678
Long-term Liabilities  (as reported)962,132
Long-term Liabilities  (calculated)963,116
+/- 984
Total Stockholder Equity
Common Stock188,053
Retained Earnings 1,338,640
Other Stockholders Equity 38,170
Total Stockholder Equity (as reported)2,630,301
Total Stockholder Equity (calculated)1,564,863
+/- 1,065,438
Other
Capital Stock205,783
Common Stock Shares Outstanding 18,805
Net Debt 1,914,418
Net Invested Capital 4,607,519
Net Tangible Assets 2,548,306
Net Working Capital 1,019,836
Property Plant and Equipment Gross 2,462,702



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-31
> Total Assets 
8,089,094
8,637,370
8,495,035
7,789,660
7,263,397
6,876,207
6,974,761
6,540,522
6,540,5226,974,7616,876,2077,263,3977,789,6608,495,0358,637,3708,089,094
   > Total Current Assets 
3,712,221
3,689,689
4,326,675
3,849,226
3,815,915
3,570,436
4,462,916
3,967,925
3,967,9254,462,9163,570,4363,815,9153,849,2264,326,6753,689,6893,712,221
       Cash And Cash Equivalents 
47,051
70,149
10,429
17,161
38,421
96,432
69,844
62,800
62,80069,84496,43238,42117,16110,42970,14947,051
       Short-term Investments 
0
587
42,001
41,911
42,021
35,773
1,647
525,035
525,0351,64735,77342,02141,91142,0015870
       Net Receivables 
1,368,443
1,657,577
2,259,517
2,207,033
1,229,687
1,289,360
1,495,656
1,395,709
1,395,7091,495,6561,289,3601,229,6872,207,0332,259,5171,657,5771,368,443
       Inventory 
1,563,223
1,817,517
1,806,910
1,386,374
1,632,411
1,390,610
1,847,760
1,656,090
1,656,0901,847,7601,390,6101,632,4111,386,3741,806,9101,817,5171,563,223
       Other Current Assets 
192,445
165,978
195,625
184,643
333,815
238,754
715,073
513,893
513,893715,073238,754333,815184,643195,625165,978192,445
   > Long-term Assets 
0
4,896,732
4,168,360
3,940,434
3,447,483
3,298,050
2,511,885
2,572,597
2,572,5972,511,8853,298,0503,447,4833,940,4344,168,3604,896,7320
       Property Plant Equipment 
4,255,081
4,232,799
4,043,281
3,814,860
3,387,991
3,240,238
2,417,546
2,462,702
2,462,7022,417,5463,240,2383,387,9913,814,8604,043,2814,232,7994,255,081
       Intangible Assets 
3,814
2,939
2,361
2,134
2,134
1,950
1,842
1,733
1,7331,8421,9502,1342,1342,3612,9393,814
       Long-term Assets Other 
0
0
0
0
0
1
1
53,332
53,3321100000
> Total Liabilities 
5,472,349
5,178,470
5,686,573
5,092,430
4,897,059
4,539,015
4,452,511
3,910,221
3,910,2214,452,5114,539,0154,897,0595,092,4305,686,5735,178,4705,472,349
   > Total Current Liabilities 
3,260,049
3,480,491
3,724,658
3,399,933
3,425,815
3,252,373
3,121,028
2,981,549
2,981,5493,121,0283,252,3733,425,8153,399,9333,724,6583,480,4913,260,049
       Short-term Debt 
0
1,882,726
2,176,496
1,963,045
1,816,322
0
0
0
0001,816,3221,963,0452,176,4961,882,7260
       Short Long Term Debt 
0
1,639,441
2,439,111
2,283,694
2,025,065
2,133,481
1,661,259
1,370,764
1,370,7641,661,2592,133,4812,025,0652,283,6942,439,1111,639,4410
       Accounts payable 
0
764,135
1,003,878
857,054
1,075,450
888,727
1,208,826
1,313,485
1,313,4851,208,826888,7271,075,450857,0541,003,878764,1350
       Other Current Liabilities 
0
205,607
172,230
155,410
231,845
161,603
149,696
125,366
125,366149,696161,603231,845155,410172,230205,6070
   > Long-term Liabilities 
0
1,718,576
1,961,915
1,692,497
1,471,245
1,287,711
1,331,483
962,132
962,1321,331,4831,287,7111,471,2451,692,4971,961,9151,718,5760
       Long term Debt Total 
1,720,240
1,282,440
1,444,193
1,229,049
1,139,911
0
0
0
0001,139,9111,229,0491,444,1931,282,4401,720,240
       Other Liabilities 
0
546,781
517,722
463,448
331,334
321,852
321,823
355,678
355,678321,823321,852331,334463,448517,722546,7810
> Total Stockholder Equity
2,616,745
3,458,900
2,808,462
2,697,230
2,366,338
2,337,192
2,522,250
2,630,301
2,630,3012,522,2502,337,1922,366,3382,697,2302,808,4623,458,9002,616,745
   Common Stock
184,453
166,723
166,723
166,723
166,723
166,723
188,053
188,053
188,053188,053166,723166,723166,723166,723166,723184,453
   Retained Earnings 
2,432,292
1,655,084
1,686,523
1,578,426
1,260,680
1,232,465
1,234,629
1,338,640
1,338,6401,234,6291,232,4651,260,6801,578,4261,686,5231,655,0842,432,292
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
0
126,165
123,312
120,177
39,871
38,940
40,529
38,170
38,17040,52938,94039,871120,177123,312126,1650



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 (+$)
totalRevenue8,510,489
Cost of Revenue-5,378,056
Gross Profit3,132,4333,132,433
 
Operating Income (+$)
Gross Profit3,132,433
Operating Expense-8,069,014
Operating Income441,475-4,936,581
 
Operating Expense (+$)
Research Development0
Selling General Administrative223,951
Selling And Marketing Expenses0
Operating Expense8,069,014223,951
 
Net Interest Income (+$)
Interest Income11,907
Interest Expense-244,935
Other Finance Cost-11,907
Net Interest Income-244,935
 
Pretax Income (+$)
Operating Income441,475
Net Interest Income-244,935
Other Non-Operating Income Expenses0
Income Before Tax (EBT)187,030441,475
EBIT - interestExpense = 199,312
163,828
348,946
Interest Expense244,935
Earnings Before Interest and Taxes (EBIT)444,247431,965
Earnings Before Interest and Taxes (EBITDA)607,583
 
After tax Income (+$)
Income Before Tax187,030
Tax Provision-59,817
Net Income From Continuing Ops127,213127,213
Net Income104,011
Net Income Applicable To Common Shares104,011
 
Non-recurring Events
Discontinued Operations-23,202
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,250,493
Total Other Income/Expenses Net0244,935
 

Technical Analysis of Suryalakshmi
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 Suryalakshmi. The general trend of Suryalakshmi is BEARISH with 14.3% 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 Suryalakshmi'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 (-14.3%) Bearish trend (14.3%)
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 SURYALAKSHMI COTTON MILLS LTD..

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

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

The bullish price targets are: 68.65 < 80.53 < 84.00.

The bearish price targets are: 63.45 > 62.00 > 61.05.

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SURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current mas is .

The long score for the Moving Averages is 6/14.
The longshort score for the Moving Averages is -2/(-14 +14).

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

Directionalities and relatives.

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

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

SURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current macd is -2.99764979.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Suryalakshmi price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Suryalakshmi. 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 Suryalakshmi price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
SURYALAKSHMI COTTON MILLS LTD. Daily Moving Average Convergence/Divergence (MACD) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current adx is 27.23.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-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 Suryalakshmi shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
SURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current sar is 74.58.

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
SURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current rsi is 39.16. The current phase is Continuation in bear market.

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

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
SURYALAKSHMI COTTON MILLS LTD. Daily Relative Strength Index (RSI) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current phase is Oversold in bear market.

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

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Suryalakshmi price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
SURYALAKSHMI COTTON MILLS LTD. Daily Stochastic Oscillator ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current cci is -74.889737.

SURYALAKSHMI COTTON MILLS LTD. Daily Commodity Channel Index (CCI) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current cmo is -24.17590848.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
SURYALAKSHMI COTTON MILLS LTD. Daily Chande Momentum Oscillator (CMO) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current willr is -85.82278481.

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

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

SURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current atr is 3.47490074.

SURYALAKSHMI COTTON MILLS LTD. Daily Average True Range (ATR) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current obv is 308,227.

SURYALAKSHMI COTTON MILLS LTD. Daily On-Balance Volume (OBV) ChartSURYALAKSHMI COTTON MILLS 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 SURYALAKSHMI COTTON MILLS LTD.. The current mfi is 26.91.

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
SURYALAKSHMI COTTON MILLS LTD. Daily Money Flow Index (MFI) ChartSURYALAKSHMI COTTON MILLS LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for SURYALAKSHMI COTTON MILLS 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
2023-11-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-20DMI 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
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-22STOCH 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
2023-11-23BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-24SAR 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).
2023-11-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-05STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-15WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-08DMI 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.
2024-01-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-10STOCH 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).
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17MACD 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
2024-01-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-07DMI 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.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-09DMI 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
2024-02-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-26DMI 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.
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

SURYALAKSHMI COTTON MILLS LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of SURYALAKSHMI COTTON MILLS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5039.163
Ma 20Greater thanMa 5069.904
Ma 50Greater thanMa 10075.058
Ma 100Greater thanMa 20072.888
OpenGreater thanClose66.000
Total3/5 (60.0%)
Penke

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