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Sutlej Textiles and Industries Limited
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PenkeI guess you are interested in Sutlej Textiles and Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

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Quick analysis of Sutlej Textiles and Industries Limited (30 sec.)










What can you expect buying and holding a share of Sutlej Textiles and Industries Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.09
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR67.72
Expected worth in 1 year
INR70.02
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR9.70
Return On Investment
19.3%

For what price can you sell your share?

Current Price per Share
INR50.40
Expected price per share
INR48.50 - INR73.45
How sure are you?
50%

1. Valuation of Sutlej Textiles and Industries Limited (5 min.)




Live pricePrice per Share (EOD)

INR50.40

Intrinsic Value Per Share

INR-7.09 - INR35.37

Total Value Per Share

INR60.63 - INR103.09

2. Growth of Sutlej Textiles and Industries Limited (5 min.)




Is Sutlej Textiles and Industries Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$133.1m$131.9m$1.1m0.9%

How much money is Sutlej Textiles and Industries Limited making?

Current yearPrevious yearGrowGrow %
Making money$4.4m$18m-$13.5m-303.0%
Net Profit Margin1.2%5.0%--

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

3. Financial Health of Sutlej Textiles and Industries Limited (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#103 / 299

Most Revenue
#32 / 299

Most Profit
#75 / 299

Most Efficient
#158 / 299

What can you expect buying and holding a share of Sutlej Textiles and Industries Limited? (5 min.)

Welcome investor! Sutlej Textiles and Industries Limited's management wants to use your money to grow the business. In return you get a share of Sutlej Textiles and Industries Limited.

What can you expect buying and holding a share of Sutlej Textiles and Industries Limited?

First you should know what it really means to hold a share of Sutlej Textiles and Industries Limited. And how you can make/lose money.

Speculation

The Price per Share of Sutlej Textiles and Industries Limited is INR50.40. 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 Sutlej Textiles and Industries 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 Sutlej Textiles and Industries 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 INR67.72. Based on the TTM, the Book Value Change Per Share is INR0.58 per quarter. Based on the YOY, the Book Value Change Per Share is INR8.87 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 INR1.85 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Sutlej Textiles and Industries 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 Eps0.030.1%0.030.1%0.110.2%0.040.1%0.070.1%
Usd Book Value Change Per Share0.010.0%0.010.0%0.110.2%0.030.1%0.060.1%
Usd Dividend Per Share0.020.0%0.020.0%0.000.0%0.010.0%0.010.0%
Usd Total Gains Per Share0.030.1%0.030.1%0.110.2%0.040.1%0.070.1%
Usd Price Per Share0.49-0.49-0.86-0.51-2.50-
Price to Earnings Ratio17.82-17.82-7.81--25.44-9.14-
Price-to-Total Gains Ratio16.72-16.72-7.81-295.00-169.61-
Price to Book Ratio0.60-0.60-1.07-0.67-4.89-
Price-to-Total Gains Ratio16.72-16.72-7.81-295.00-169.61-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.6048
Number of shares1653
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.01
Usd Book Value Change Per Share0.010.03
Usd Total Gains Per Share0.030.04
Gains per Quarter (1653 shares)48.1268.07
Gains per Year (1653 shares)192.46272.28
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11474618276196262
229491374152392534
3440137566229588806
45871837583057841078
57342289503819811350
6881274114245711771622
71028320133453313731894
81174365152660915692166
91321411171868617652438
101468457191076219612710

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%4.01.00.080.0%9.01.00.090.0%15.02.00.088.2%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%15.02.00.088.2%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%16.01.00.094.1%

Fundamentals of Sutlej Textiles and Industries Limited

About Sutlej Textiles and Industries Limited

Sutlej Textiles and Industries Limited designs, manufactures, and distributes textiles to wholesalers, manufacturers, and retailers for the home furnishing industry in India, Turkey, Bangladesh, the United States of America, Hong Kong, Singapore, and internationally. The company operates through two segments, Yarn and Home Textiles. It offers various recycle polyester staple fiber, cotton, and man made fiber yarns; and engages in home furnishing and fabric processing. The company also offers various yarns including viscose, acrylic, modal and tencel, cotton mélange and cone-dyed, polyester/viscose, polyester/cotton, acrylic/cotton, polyester/acrylic, modal/cotton, modal/polyester, viscose/cotton, and bamboo/cotton yarns; and micro-polyester, micro-acrylic, micro-modal, hamel covered, low piling, carpet backing and pile, ready-to-dye package, cationic dyeable, bamboo, and soy milk fiber yarns. In addition, it provides readymade curtains, cushion covers, shams, throws, quilts and quilting materials, and chenille products; and fire retardant, bio and aroma finish, scotchgard, insect and soil repellent, airo, and deca finishes. Sutlej Textiles and Industries Limited was founded in 1934 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 18:54:03.

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 less efficient 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 fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Sutlej Textiles and Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Sutlej Textiles and Industries Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Sutlej Textiles and Industries Limited 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 Sutlej Textiles and Industries Limited:

  • 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%YOY5.0%-3.7%
TTM1.2%5Y1.9%-0.7%
5Y1.9%10Y4.0%-2.2%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2%2.2%-1.0%
TTM1.2%1.8%-0.6%
YOY5.0%3.7%+1.3%
5Y1.9%2.1%-0.2%
10Y4.0%2.5%+1.5%
1.1.2. Return on Assets

Shows how efficient Sutlej Textiles and Industries Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Sutlej Textiles and Industries Limited to the Textile Manufacturing industry mean.
  • 1.5% Return on Assets means that Sutlej Textiles and Industries Limited generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 1.5%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.5%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.5%TTM1.5%0.0%
TTM1.5%YOY6.2%-4.7%
TTM1.5%5Y2.3%-0.8%
5Y2.3%10Y5.2%-2.9%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5%0.6%+0.9%
TTM1.5%0.5%+1.0%
YOY6.2%1.1%+5.1%
5Y2.3%0.9%+1.4%
10Y5.2%0.9%+4.3%
1.1.3. Return on Equity

Shows how efficient Sutlej Textiles and Industries Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Sutlej Textiles and Industries Limited to the Textile Manufacturing industry mean.
  • 3.4% Return on Equity means Sutlej Textiles and Industries Limited generated ₹0.03 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 3.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 3.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ3.4%TTM3.4%0.0%
TTM3.4%YOY13.7%-10.3%
TTM3.4%5Y5.1%-1.8%
5Y5.1%10Y12.8%-7.6%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ3.4%1.2%+2.2%
TTM3.4%1.2%+2.2%
YOY13.7%2.5%+11.2%
5Y5.1%1.8%+3.3%
10Y12.8%1.8%+11.0%

1.2. Operating Efficiency of Sutlej Textiles and Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Sutlej Textiles and Industries Limited is operating .

  • Measures how much profit Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited 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 Sutlej Textiles and Industries Limited:

  • 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%YOY9.6%-4.4%
TTM5.2%5Y5.1%+0.1%
5Y5.1%10Y7.4%-2.3%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%4.3%+0.9%
TTM5.2%2.0%+3.2%
YOY9.6%5.1%+4.5%
5Y5.1%4.2%+0.9%
10Y7.4%3.9%+3.5%
1.2.2. Operating Ratio

Measures how efficient Sutlej Textiles and Industries Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 0.96 means that the operating costs are ₹0.96 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 0.957. The company is less efficient in keeping operating costs low.
  • The TTM is 0.957. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.957TTM0.9570.000
TTM0.957YOY0.914+0.043
TTM0.9575Y0.9570.000
5Y0.95710Y0.935+0.022
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9571.660-0.703
TTM0.9571.676-0.719
YOY0.9141.628-0.714
5Y0.9571.623-0.666
10Y0.9351.380-0.445

1.3. Liquidity of Sutlej Textiles and Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Sutlej Textiles and Industries Limited 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 1.32 means the company has ₹1.32 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 1.316. The company is just able to pay all its short-term debts.
  • The TTM is 1.316. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.316TTM1.3160.000
TTM1.316YOY1.387-0.071
TTM1.3165Y1.370-0.054
5Y1.37010Y1.352+0.018
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3161.491-0.175
TTM1.3161.469-0.153
YOY1.3871.494-0.107
5Y1.3701.521-0.151
10Y1.3521.315+0.037
1.3.2. Quick Ratio

Measures if Sutlej Textiles and Industries Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Sutlej Textiles and Industries Limited to the Textile Manufacturing industry mean.
  • A Quick Ratio of 0.52 means the company can pay off ₹0.52 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 0.523. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.523. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.523TTM0.5230.000
TTM0.523YOY0.781-0.257
TTM0.5235Y0.657-0.134
5Y0.65710Y0.565+0.092
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5230.551-0.028
TTM0.5230.577-0.054
YOY0.7810.633+0.148
5Y0.6570.620+0.037
10Y0.5650.576-0.011

1.4. Solvency of Sutlej Textiles and Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Sutlej Textiles and Industries Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Sutlej Textiles and Industries Limited to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.54 means that Sutlej Textiles and Industries Limited assets are financed with 54.4% credit (debt) and the remaining percentage (100% - 54.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 0.544. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.544. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.544TTM0.5440.000
TTM0.544YOY0.546-0.002
TTM0.5445Y0.550-0.006
5Y0.55010Y0.576-0.026
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5440.489+0.055
TTM0.5440.487+0.057
YOY0.5460.485+0.061
5Y0.5500.502+0.048
10Y0.5760.519+0.057
1.4.2. Debt to Equity Ratio

Measures if Sutlej Textiles and Industries Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Sutlej Textiles and Industries Limited to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 119.2% means that company has ₹1.19 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Sutlej Textiles and Industries Limited:

  • The MRQ is 1.192. The company is able to pay all its debts with equity. +1
  • The TTM is 1.192. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.192TTM1.1920.000
TTM1.192YOY1.204-0.012
TTM1.1925Y1.223-0.031
5Y1.22310Y1.370-0.147
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1920.870+0.322
TTM1.1920.903+0.289
YOY1.2040.905+0.299
5Y1.2230.997+0.226
10Y1.3701.163+0.207

2. Market Valuation of Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited generates.

  • Above 15 is considered overpriced but always compare Sutlej Textiles and Industries Limited to the Textile Manufacturing industry mean.
  • A PE ratio of 17.82 means the investor is paying ₹17.82 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Sutlej Textiles and Industries Limited:

  • The EOD is 22.149. Based on the earnings, the company is fair priced.
  • The MRQ is 17.820. Based on the earnings, the company is fair priced.
  • The TTM is 17.820. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD22.149MRQ17.820+4.329
MRQ17.820TTM17.8200.000
TTM17.820YOY7.808+10.012
TTM17.8205Y-25.442+43.262
5Y-25.44210Y9.136-34.578
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD22.1497.622+14.527
MRQ17.8207.177+10.643
TTM17.8207.076+10.744
YOY7.8087.958-0.150
5Y-25.44210.526-35.968
10Y9.13614.684-5.548
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Sutlej Textiles and Industries Limited:

  • The EOD is 15.425. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 12.410. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 12.410. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD15.425MRQ12.410+3.015
MRQ12.410TTM12.4100.000
TTM12.410YOY123.475-111.065
TTM12.4105Y18.896-6.486
5Y18.89610Y25.093-6.197
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD15.4252.804+12.621
MRQ12.4102.150+10.260
TTM12.4101.322+11.088
YOY123.4751.143+122.332
5Y18.8960.617+18.279
10Y25.0931.083+24.010
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Sutlej Textiles and Industries Limited 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 0.60 means the investor is paying ₹0.60 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Sutlej Textiles and Industries Limited:

  • The EOD is 0.744. Based on the equity, the company is cheap. +2
  • The MRQ is 0.599. Based on the equity, the company is cheap. +2
  • The TTM is 0.599. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.744MRQ0.599+0.145
MRQ0.599TTM0.5990.000
TTM0.599YOY1.066-0.468
TTM0.5995Y0.674-0.075
5Y0.67410Y4.890-4.216
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD0.7441.086-0.342
MRQ0.5991.067-0.468
TTM0.5991.017-0.418
YOY1.0661.121-0.055
5Y0.6741.035-0.361
10Y4.8901.265+3.625
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Sutlej Textiles and Industries 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--0.5760.5760%8.871-94%2.472-77%4.644-88%
Book Value Per Share--67.71767.7170%67.141+1%61.832+10%51.810+31%
Current Ratio--1.3161.3160%1.387-5%1.370-4%1.352-3%
Debt To Asset Ratio--0.5440.5440%0.5460%0.550-1%0.576-6%
Debt To Equity Ratio--1.1921.1920%1.204-1%1.223-3%1.370-13%
Dividend Per Share--1.8501.8500%0.300+517%0.960+93%1.046+77%
Eps--2.2762.2760%9.170-75%3.294-31%5.685-60%
Free Cash Flow Per Share--3.2673.2670%0.580+463%3.412-4%2.321+41%
Free Cash Flow To Equity Per Share---1.651-1.6510%-0.544-67%-1.604-3%-0.258-84%
Gross Profit Margin--1.0001.0000%-0.169+117%4.482-78%2.581-61%
Intrinsic Value_10Y_max--35.371--------
Intrinsic Value_10Y_min---7.092--------
Intrinsic Value_1Y_max--3.448--------
Intrinsic Value_1Y_min--0.590--------
Intrinsic Value_3Y_max--10.434--------
Intrinsic Value_3Y_min--0.657--------
Intrinsic Value_5Y_max--17.508--------
Intrinsic Value_5Y_min---0.500--------
Market Cap8256981196.800+20%6643265625.6006643265625.6000%11730155827.200-43%6915221752.320-4%34151791672.320-81%
Net Profit Margin--0.0120.0120%0.050-76%0.019-35%0.040-70%
Operating Margin--0.0520.0520%0.096-46%0.051+1%0.074-30%
Operating Ratio--0.9570.9570%0.914+5%0.9570%0.935+2%
Pb Ratio0.744+20%0.5990.5990%1.066-44%0.674-11%4.890-88%
Pe Ratio22.149+20%17.82017.8200%7.808+128%-25.442+243%9.136+95%
Price Per Share50.400+20%40.55040.5500%71.600-43%42.210-4%208.460-81%
Price To Free Cash Flow Ratio15.425+20%12.41012.4100%123.475-90%18.896-34%25.093-51%
Price To Total Gains Ratio20.778+20%16.71716.7170%7.808+114%294.996-94%169.611-90%
Quick Ratio--0.5230.5230%0.781-33%0.657-20%0.565-7%
Return On Assets--0.0150.0150%0.062-75%0.023-34%0.052-70%
Return On Equity--0.0340.0340%0.137-75%0.051-35%0.128-74%
Total Gains Per Share--2.4262.4260%9.171-74%3.432-29%5.690-57%
Usd Book Value--133128000.000133128000.0000%131996400.000+1%121558800.000+10%101856211.200+31%
Usd Book Value Change Per Share--0.0070.0070%0.106-94%0.030-77%0.056-88%
Usd Book Value Per Share--0.8130.8130%0.806+1%0.742+10%0.622+31%
Usd Dividend Per Share--0.0220.0220%0.004+517%0.012+93%0.013+77%
Usd Eps--0.0270.0270%0.110-75%0.040-31%0.068-60%
Usd Free Cash Flow--6423600.0006423600.0000%1140000.000+463%6707520.000-4%4562584.800+41%
Usd Free Cash Flow Per Share--0.0390.0390%0.007+463%0.041-4%0.028+41%
Usd Free Cash Flow To Equity Per Share---0.020-0.0200%-0.007-67%-0.019-3%-0.003-84%
Usd Market Cap99083774.362+20%79719187.50779719187.5070%140761869.926-43%82982661.028-4%409821500.068-81%
Usd Price Per Share0.605+20%0.4870.4870%0.859-43%0.507-4%2.502-81%
Usd Profit--4473600.0004473600.0000%18027600.000-75%6475440.000-31%11175666.000-60%
Usd Revenue--368907600.000368907600.0000%363777600.000+1%311124480.000+19%284225518.800+30%
Usd Total Gains Per Share--0.0290.0290%0.110-74%0.041-29%0.068-57%
 EOD+4 -4MRQTTM+0 -0YOY+16 -205Y+13 -2310Y+14 -22

3.2. Fundamental Score

Let's check the fundamental score of Sutlej Textiles and Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1522.149
Price to Book Ratio (EOD)Between0-10.744
Net Profit Margin (MRQ)Greater than00.012
Operating Margin (MRQ)Greater than00.052
Quick Ratio (MRQ)Greater than10.523
Current Ratio (MRQ)Greater than11.316
Debt to Asset Ratio (MRQ)Less than10.544
Debt to Equity Ratio (MRQ)Less than11.192
Return on Equity (MRQ)Greater than0.150.034
Return on Assets (MRQ)Greater than0.050.015
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Sutlej Textiles and Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.264
Ma 20Greater thanMa 5056.910
Ma 50Greater thanMa 10061.196
Ma 100Greater thanMa 20061.085
OpenGreater thanClose51.100
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets24,322,900
Total Liabilities13,228,900
Total Stockholder Equity11,094,000
 As reported
Total Liabilities 13,228,900
Total Stockholder Equity+ 11,094,000
Total Assets = 24,322,900

Assets

Total Assets24,322,900
Total Current Assets12,120,400
Long-term Assets12,202,500
Total Current Assets
Cash And Cash Equivalents 94,100
Short-term Investments 683,300
Net Receivables 3,360,300
Inventory 7,566,200
Other Current Assets 416,500
Total Current Assets  (as reported)12,120,400
Total Current Assets  (calculated)12,120,400
+/-0
Long-term Assets
Property Plant Equipment 11,202,400
Intangible Assets 27,300
Other Assets 620,700
Long-term Assets  (as reported)12,202,500
Long-term Assets  (calculated)11,850,400
+/- 352,100

Liabilities & Shareholders' Equity

Total Current Liabilities9,210,800
Long-term Liabilities4,018,100
Total Stockholder Equity11,094,000
Total Current Liabilities
Short-term Debt 6,751,100
Short Long Term Debt 6,744,900
Accounts payable 1,435,800
Other Current Liabilities 222,000
Total Current Liabilities  (as reported)9,210,800
Total Current Liabilities  (calculated)15,153,800
+/- 5,943,000
Long-term Liabilities
Long term Debt Total 2,777,000
Capital Lease Obligations 18,800
Long-term Liabilities Other 42,600
Long-term Liabilities  (as reported)4,018,100
Long-term Liabilities  (calculated)2,838,400
+/- 1,179,700
Total Stockholder Equity
Retained Earnings 10,792,900
Accumulated Other Comprehensive Income 2,217,900
Total Stockholder Equity (as reported)11,094,000
Total Stockholder Equity (calculated)13,010,800
+/- 1,916,800
Other
Capital Stock163,800
Cash And Equivalents24,700
Cash and Short Term Investments 777,400
Common Stock Shares Outstanding 163,509
Current Deferred Revenue801,900
Liabilities and Stockholders Equity 24,322,900
Net Debt 9,434,000
Net Invested Capital 20,603,300
Net Working Capital 2,909,600
Property Plant and Equipment Gross 11,202,400
Short Long Term Debt Total 9,528,100



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
7,752,745
10,025,349
10,527,852
11,090,021
12,005,746
11,448,201
11,491,646
12,729,444
13,408,197
17,088,473
20,451,700
21,883,100
21,326,700
21,247,700
21,386,100
24,248,200
24,322,900
24,322,90024,248,20021,386,10021,247,70021,326,70021,883,10020,451,70017,088,47313,408,19712,729,44411,491,64611,448,20112,005,74611,090,02110,527,85210,025,3497,752,745
   > Total Current Assets 
2,933,466
4,008,471
3,697,702
4,611,869
5,842,503
4,667,548
5,170,032
6,179,520
5,625,402
6,984,359
8,682,500
10,047,800
10,047,700
8,702,300
8,789,300
11,917,000
12,120,400
12,120,40011,917,0008,789,3008,702,30010,047,70010,047,8008,682,5006,984,3595,625,4026,179,5205,170,0324,667,5485,842,5034,611,8693,697,7024,008,4712,933,466
       Cash And Cash Equivalents 
60,447
57,625
85,768
67,478
46,441
38,989
47,569
38,974
32,834
37,381
30,500
128,000
85,100
101,900
107,600
117,600
94,100
94,100117,600107,600101,90085,100128,00030,50037,38132,83438,97447,56938,98946,44167,47885,76857,62560,447
       Short-term Investments 
0
0
0
0
0
18,200
25,400
33,407
0
0
72,100
5,500
5,500
5,200
716,000
883,700
683,300
683,300883,700716,0005,2005,5005,50072,1000033,40725,40018,20000000
       Net Receivables 
0
0
0
0
0
0
0
1,988,203
1,954,531
2,109,000
2,903,900
4,057,700
4,302,300
3,828,300
4,023,500
5,703,000
3,360,300
3,360,3005,703,0004,023,5003,828,3004,302,3004,057,7002,903,9002,109,0001,954,5311,988,2030000000
       Inventory 
1,616,682
2,438,645
2,017,383
2,841,497
3,420,107
2,970,859
3,132,196
3,836,039
3,206,826
4,301,952
5,299,200
5,141,600
5,654,600
4,768,800
4,654,900
6,094,400
7,566,200
7,566,2006,094,4004,654,9004,768,8005,654,6005,141,6005,299,2004,301,9523,206,8263,836,0393,132,1962,970,8593,420,1072,841,4972,017,3832,438,6451,616,682
       Other Current Assets 
1,256,337
1,512,201
1,594,551
1,702,894
2,375,955
1,639,500
1,964,867
2,271,100
2,385,742
2,645,026
3,280,700
4,772,700
200
3,300
3,300
2,000
416,500
416,5002,0003,3003,3002004,772,7003,280,7002,645,0262,385,7422,271,1001,964,8671,639,5002,375,9551,702,8941,594,5511,512,2011,256,337
   > Long-term Assets 
4,819,279
6,016,878
6,830,150
6,478,152
6,163,243
6,780,653
6,321,614
6,549,924
7,782,795
10,104,114
11,769,200
11,835,300
11,279,000
12,545,400
12,596,800
12,331,200
12,202,500
12,202,50012,331,20012,596,80012,545,40011,279,00011,835,30011,769,20010,104,1147,782,7956,549,9246,321,6146,780,6536,163,2436,478,1526,830,1506,016,8784,819,279
       Property Plant Equipment 
4,815,473
6,013,072
6,825,916
6,473,645
6,146,736
5,927,986
5,444,526
5,626,060
6,865,826
8,837,541
11,388,600
11,182,000
10,736,000
12,101,000
12,296,100
11,857,700
11,202,400
11,202,40011,857,70012,296,10012,101,00010,736,00011,182,00011,388,6008,837,5416,865,8265,626,0605,444,5265,927,9866,146,7366,473,6456,825,9166,013,0724,815,473
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
64,000
67,300
71,700
70,300
72,100
0
072,10070,30071,70067,30064,00000000000000
       Long Term Investments 
0
0
0
0
0
0
0
500,005
500,005
259,800
283,200
509,700
264,200
0
0
0
0
0000264,200509,700283,200259,800500,005500,0050000000
       Intangible Assets 
0
0
0
0
0
0
0
5,664
5,734
4,984
5,500
10,900
17,300
37,000
40,400
34,500
27,300
27,30034,50040,40037,00017,30010,9005,5004,9845,7345,6640000000
       Long-term Assets Other 
3,806
3,806
4,234
4,507
16,507
370,860
402,481
457,265
916,969
1,261,589
120,700
74,200
1,800
-408,400
61,600
180,700
620,700
620,700180,70061,600-408,4001,80074,200120,7001,261,589916,969457,265402,481370,86016,5074,5074,2343,8063,806
> Total Liabilities 
6,221,158
8,485,848
9,302,584
9,633,451
9,487,383
8,679,236
8,006,276
8,087,362
7,808,247
10,328,929
12,292,000
12,813,700
11,908,300
11,656,700
11,839,700
13,248,500
13,228,900
13,228,90013,248,50011,839,70011,656,70011,908,30012,813,70012,292,00010,328,9297,808,2478,087,3628,006,2768,679,2369,487,3839,633,4519,302,5848,485,8486,221,158
   > Total Current Liabilities 
591,168
799,594
552,980
620,958
835,418
4,035,523
4,114,015
4,923,893
3,865,617
5,299,012
6,910,700
7,265,300
6,950,200
6,244,000
6,731,100
8,589,700
9,210,800
9,210,8008,589,7006,731,1006,244,0006,950,2007,265,3006,910,7005,299,0123,865,6174,923,8934,114,0154,035,523835,418620,958552,980799,594591,168
       Short-term Debt 
0
0
0
0
0
1,927,264
2,087,563
2,453,412
1,816,933
2,461,371
5,231,800
5,380,100
4,856,700
4,040,400
4,706,300
5,894,400
6,751,100
6,751,1005,894,4004,706,3004,040,4004,856,7005,380,1005,231,8002,461,3711,816,9332,453,4122,087,5631,927,26400000
       Short Long Term Debt 
0
0
0
0
0
0
0
6,302,704
767,703
934,500
5,231,800
5,380,100
4,856,700
4,039,000
3,385,700
5,889,600
6,744,900
6,744,9005,889,6003,385,7004,039,0004,856,7005,380,1005,231,800934,500767,7036,302,7040000000
       Accounts payable 
0
0
0
0
0
341,130
402,432
533,707
493,277
668,594
715,600
1,011,100
1,205,600
1,235,000
1,166,900
1,559,100
1,435,800
1,435,8001,559,1001,166,9001,235,0001,205,6001,011,100715,600668,594493,277533,707402,432341,13000000
       Other Current Liabilities 
591,168
799,594
552,980
620,958
835,418
1,767,129
1,624,020
1,936,774
1,555,407
2,169,047
943,400
855,000
867,700
108,000
89,800
191,600
222,000
222,000191,60089,800108,000867,700855,000943,4002,169,0471,555,4071,936,7741,624,0201,767,129835,418620,958552,980799,594591,168
   > Long-term Liabilities 
5,629,990
7,686,254
8,749,604
9,012,493
8,651,965
4,643,713
3,892,261
3,163,469
3,942,630
5,029,917
5,381,300
5,548,400
4,958,100
5,412,700
5,108,600
4,658,800
4,018,100
4,018,1004,658,8005,108,6005,412,7004,958,1005,548,4005,381,3005,029,9173,942,6303,163,4693,892,2614,643,7138,651,9659,012,4938,749,6047,686,2545,629,990
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
4,268,000
5,130,400
5,091,600
4,369,200
4,709,200
4,421,200
3,536,100
2,777,000
2,777,0003,536,1004,421,2004,709,2004,369,2005,091,6005,130,4004,268,000000000000
       Other Liabilities 
0
0
0
0
0
0
0
513,957
568,462
255,300
250,900
456,800
588,900
703,500
687,400
1,122,700
0
01,122,700687,400703,500588,900456,800250,900255,300568,462513,9570000000
> Total Stockholder Equity
1,531,587
1,539,501
1,225,268
1,456,570
2,518,363
2,768,965
3,485,370
4,642,082
5,599,950
6,759,544
8,159,700
9,069,400
9,418,400
9,591,000
9,546,400
10,999,700
11,094,000
11,094,00010,999,7009,546,4009,591,0009,418,4009,069,4008,159,7006,759,5445,599,9504,642,0823,485,3702,768,9652,518,3631,456,5701,225,2681,539,5011,531,587
   Common Stock
109,219
109,219
109,219
109,219
109,219
109,219
109,219
163,829
163,829
163,829
163,800
163,800
163,800
163,800
163,800
163,800
163,800
163,800163,800163,800163,800163,800163,800163,800163,829163,829163,829109,219109,219109,219109,219109,219109,219109,219
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-2,692,913
-3,083,211
-3,596,192
-4,208,408
-4,782,924
-5,371,833
-5,971,112
-6,578,671
-7,006,588
-7,775,468
-1,643,000
-2,702,200
-3,697,900
-4,700,300
2,013,200
2,173,300
2,217,900
2,217,9002,173,3002,013,200-4,700,300-3,697,900-2,702,200-1,643,000-7,775,468-7,006,588-6,578,671-5,971,112-5,371,833-4,782,924-4,208,408-3,596,192-3,083,211-2,692,913
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
4,115,281
4,513,493
4,712,241
5,555,759
5,821,705
6,447,348
7,137,247
7,826,464
8,374,840
9,276,064
3,295,500
4,507,200
5,596,100
-9,519,500
0
0
-10,956,700
-10,956,70000-9,519,5005,596,1004,507,2003,295,5009,276,0648,374,8407,826,4647,137,2476,447,3485,821,7055,555,7594,712,2414,513,4934,115,281



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 (+$)
totalRevenue30,742,300
Cost of Revenue-16,582,100
Gross Profit14,160,20014,160,200
 
Operating Income (+$)
Gross Profit14,160,200
Operating Expense-12,830,100
Operating Income1,461,6001,330,100
 
Operating Expense (+$)
Research Development7,045,100
Selling General Administrative4,362,600
Selling And Marketing Expenses0
Operating Expense12,830,10011,407,700
 
Net Interest Income (+$)
Interest Income579,200
Interest Expense-579,200
Other Finance Cost-579,200
Net Interest Income-579,200
 
Pretax Income (+$)
Operating Income1,461,600
Net Interest Income-579,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)649,4002,273,800
EBIT - interestExpense = 1,013,200
649,400
952,000
Interest Expense579,200
Earnings Before Interest and Taxes (EBIT)1,592,4001,228,600
Earnings Before Interest and Taxes (EBITDA)2,861,200
 
After tax Income (+$)
Income Before Tax649,400
Tax Provision-276,600
Net Income From Continuing Ops372,800372,800
Net Income372,800
Net Income Applicable To Common Shares372,800
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses29,412,200
Total Other Income/Expenses Net-812,200579,200
 

Technical Analysis of Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The general trend of Sutlej Textiles and Industries Limited is BEARISH with 28.6% 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 Sutlej Textiles and Industries 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 (-28.6%) Bearish trend (28.6%)
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 Sutlej Textiles and Industries Limited.

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

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

The bullish price targets are: 53.35 < 54.15 < 73.45.

The bearish price targets are: 50.25 > 50.15 > 48.50.

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Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current mas is .

The long score for the Moving Averages is 5/14.
The longshort score for the Moving Averages is -4/(-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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending 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

Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current macd is -3.43773009.

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 Sutlej Textiles and Industries Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Sutlej Textiles and Industries 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 Sutlej Textiles and Industries 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 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
Sutlej Textiles and Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current adx is 33.29.

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 Sutlej Textiles and Industries Limited 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.
Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current sar is 57.22.

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
Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current rsi is 31.26. 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
Sutlej Textiles and Industries Limited Daily Relative Strength Index (RSI) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. 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 Sutlej Textiles and Industries Limited price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Sutlej Textiles and Industries Limited Daily Stochastic Oscillator ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current cci is -83.86139088.

Sutlej Textiles and Industries Limited Daily Commodity Channel Index (CCI) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current cmo is -45.32140036.

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
Sutlej Textiles and Industries Limited Daily Chande Momentum Oscillator (CMO) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current willr is -96.92307692.

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
Sutlej Textiles and Industries Limited Daily Williams %R ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited.

Sutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current atr is 3.16060082.

Sutlej Textiles and Industries Limited Daily Average True Range (ATR) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current obv is 27,678,901.

Sutlej Textiles and Industries Limited Daily On-Balance Volume (OBV) ChartSutlej Textiles and Industries 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 Sutlej Textiles and Industries Limited. The current mfi is 21.08.

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
Sutlej Textiles and Industries Limited Daily Money Flow Index (MFI) ChartSutlej Textiles and Industries Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Sutlej Textiles and Industries 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
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-22DMI 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
2023-11-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-01ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH 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.
2023-12-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-20DMI 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-26DMI 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.
2023-12-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR 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).
2024-01-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-10WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-18DMI 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
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
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
2024-01-23WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
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).
2024-02-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH 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.
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-05DMI 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
2024-03-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Sutlej Textiles and Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Sutlej Textiles and Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5031.264
Ma 20Greater thanMa 5056.910
Ma 50Greater thanMa 10061.196
Ma 100Greater thanMa 20061.085
OpenGreater thanClose51.100
Total3/5 (60.0%)
Penke

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