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Timken India Limited
Buy, Hold or Sell?

Let's analyse Timken together

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

I'm going to help you getting a better view of Timken India Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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

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Quick analysis of Timken (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR270.83
Expected worth in 1 year
INR473.03
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR208.20
Return On Investment
7.3%

For what price can you sell your share?

Current Price per Share
INR2,859.50
Expected price per share
INR2,208 - INR3,127
How sure are you?
50%

1. Valuation of Timken (5 min.)




Live pricePrice per Share (EOD)

INR2,859.50

Intrinsic Value Per Share

INR154.99 - INR532.30

Total Value Per Share

INR425.82 - INR803.13

2. Growth of Timken (5 min.)




Is Timken growing?

Current yearPrevious yearGrowGrow %
How rich?$244.4m$198.8m$45.6m18.7%

How much money is Timken making?

Current yearPrevious yearGrowGrow %
Making money$46.8m$39.2m$7.6m16.3%
Net Profit Margin13.9%15.0%--

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

3. Financial Health of Timken (5 min.)




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




  Industry Rankings (Tools & Accessories)  


Richest
#32 / 97

Most Revenue
#19 / 97

Most Profit
#14 / 97

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

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

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

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

Speculation

The Price per Share of Timken is INR2,860. 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 Timken.
  • 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 Timken, 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 INR270.83. Based on the TTM, the Book Value Change Per Share is INR50.55 per quarter. Based on the YOY, the Book Value Change Per Share is INR41.67 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 INR1.50 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Timken.

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 Eps0.620.0%0.620.0%0.520.0%0.400.0%0.270.0%
Usd Book Value Change Per Share0.610.0%0.610.0%0.500.0%0.430.0%0.270.0%
Usd Dividend Per Share0.020.0%0.020.0%0.020.0%0.130.0%0.080.0%
Usd Total Gains Per Share0.620.0%0.620.0%0.520.0%0.560.0%0.350.0%
Usd Price Per Share33.45-33.45-25.68-18.16-12.17-
Price to Earnings Ratio53.65-53.65-49.21-44.74-45.45-
Price-to-Total Gains Ratio53.55-53.55-49.57-40.36-41.73-
Price to Book Ratio10.29-10.29-9.71-6.83-6.99-
Price-to-Total Gains Ratio53.55-53.55-49.57-40.36-41.73-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share34.314
Number of shares29
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.13
Usd Book Value Change Per Share0.610.43
Usd Total Gains Per Share0.620.56
Gains per Quarter (29 shares)18.1116.18
Gains per Year (29 shares)72.4564.72
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
127062154955
241411343199120
3621120646148185
4828127861198250
51035235077247315
61342242292296380
715493494107346445
817563566122395510
919633638138445575
1021704710153494640

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%17.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%2.01.00.066.7%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%10.00.07.058.8%
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 Timken

About Timken India Limited

Timken India Limited manufactures and distributes tapered roller bearings, other roller bearings, components, and accessories for the automotive sector and railway industry in India, the United States, and internationally. The company offers cylindrical roller, plain, spherical roller, tapered roller, thrust, precision, slewing, and ball bearing, as well as seals, maintenance tools, housed units, and wheel hub under the Timken brand; and integrated bearing assemblies, driveline center support bearings for commercial and light vehicles, and lubrication and lubrication systems. It provides mechanical power transmission products, such as encoders, gear boxes/transmissions, couplings and joints, belts, augers, linear motion products, brakes and clutches, commercial vehicles wheels and accessories and tools, and chains. In addition, the company offers maintenance contract and refurbishment services; and uptower and motor repair services. The company was formerly known as Tata Timken Limited and changed its name to Timken India Limited in July 1999. The company was incorporated in 1987 and is based in Bengaluru, India. Timken India Limited operates as a subsidiary of The Timken Company.

Fundamental data was last updated by Penke on 2024-03-13 09:09:04.

Financial Health

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

Valuation

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

1.1. Profitability of Timken India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Timken to the Tools & Accessories industry mean.
  • A Net Profit Margin of 13.9% means that ₹0.14 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 13.9%. The company is making a huge profit. +2
  • The TTM is 13.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ13.9%TTM13.9%0.0%
TTM13.9%YOY15.0%-1.1%
TTM13.9%5Y12.7%+1.2%
5Y12.7%10Y10.4%+2.3%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ13.9%5.8%+8.1%
TTM13.9%6.2%+7.7%
YOY15.0%8.1%+6.9%
5Y12.7%6.9%+5.8%
10Y10.4%7.6%+2.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Timken to the Tools & Accessories industry mean.
  • 15.3% Return on Assets means that Timken generated ₹0.15 profit for each $1 in assets.

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

  • The MRQ is 15.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 15.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ15.3%TTM15.3%0.0%
TTM15.3%YOY14.9%+0.4%
TTM15.3%5Y11.7%+3.6%
5Y11.7%10Y11.5%+0.2%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ15.3%1.3%+14.0%
TTM15.3%1.5%+13.8%
YOY14.9%1.5%+13.4%
5Y11.7%1.5%+10.2%
10Y11.5%1.5%+10.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Timken to the Tools & Accessories industry mean.
  • 19.2% Return on Equity means Timken generated ₹0.19 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 19.2%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 19.2%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ19.2%TTM19.2%0.0%
TTM19.2%YOY19.7%-0.6%
TTM19.2%5Y15.3%+3.9%
5Y15.3%10Y15.3%0.0%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ19.2%2.3%+16.9%
TTM19.2%2.6%+16.6%
YOY19.7%3.1%+16.6%
5Y15.3%2.9%+12.4%
10Y15.3%2.9%+12.4%

1.2. Operating Efficiency of Timken India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Timken is operating .

  • Measures how much profit Timken 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 Timken to the Tools & Accessories industry mean.
  • An Operating Margin of 18.8% means the company generated ₹0.19  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 18.8%. The company is operating efficient. +1
  • The TTM is 18.8%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ18.8%TTM18.8%0.0%
TTM18.8%YOY20.2%-1.5%
TTM18.8%5Y17.2%+1.5%
5Y17.2%10Y14.7%+2.5%
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ18.8%8.8%+10.0%
TTM18.8%4.7%+14.1%
YOY20.2%8.9%+11.3%
5Y17.2%9.1%+8.1%
10Y14.7%8.0%+6.7%
1.2.2. Operating Ratio

Measures how efficient Timken is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • An Operation Ratio of 0.83 means that the operating costs are ₹0.83 for each ₹1 in net sales.

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

  • The MRQ is 0.831. The company is less efficient in keeping operating costs low.
  • The TTM is 0.831. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.831TTM0.8310.000
TTM0.831YOY0.801+0.031
TTM0.8315Y0.836-0.005
5Y0.83610Y0.860-0.024
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8311.559-0.728
TTM0.8311.555-0.724
YOY0.8011.524-0.723
5Y0.8361.532-0.696
10Y0.8601.270-0.410

1.3. Liquidity of Timken India Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Tools & Accessories industry mean).
  • A Current Ratio of 3.77 means the company has ₹3.77 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 3.772. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.772. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.772TTM3.7720.000
TTM3.772YOY2.891+0.880
TTM3.7725Y3.059+0.712
5Y3.05910Y2.966+0.093
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7722.171+1.601
TTM3.7722.218+1.554
YOY2.8912.021+0.870
5Y3.0592.196+0.863
10Y2.9661.953+1.013
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Timken to the Tools & Accessories industry mean.
  • A Quick Ratio of 2.88 means the company can pay off ₹2.88 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 2.881. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.881. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.881TTM2.8810.000
TTM2.881YOY1.760+1.121
TTM2.8815Y2.153+0.728
5Y2.15310Y1.969+0.184
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8810.855+2.026
TTM2.8810.847+2.034
YOY1.7600.829+0.931
5Y2.1530.971+1.182
10Y1.9690.953+1.016

1.4. Solvency of Timken India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Timken to Tools & Accessories industry mean.
  • A Debt to Asset Ratio of 0.20 means that Timken assets are financed with 20.3% credit (debt) and the remaining percentage (100% - 20.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.203. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.203. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.203TTM0.2030.000
TTM0.203YOY0.245-0.042
TTM0.2035Y0.237-0.034
5Y0.23710Y0.250-0.013
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2030.429-0.226
TTM0.2030.442-0.239
YOY0.2450.452-0.207
5Y0.2370.429-0.192
10Y0.2500.418-0.168
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Timken to the Tools & Accessories industry mean.
  • A Debt to Equity ratio of 25.5% means that company has ₹0.25 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.255. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.255. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.255TTM0.2550.000
TTM0.255YOY0.324-0.069
TTM0.2555Y0.313-0.058
5Y0.31310Y0.335-0.023
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2550.784-0.529
TTM0.2550.821-0.566
YOY0.3240.834-0.510
5Y0.3130.796-0.483
10Y0.3350.808-0.473

2. Market Valuation of Timken India Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Timken generates.

  • Above 15 is considered overpriced but always compare Timken to the Tools & Accessories industry mean.
  • A PE ratio of 53.65 means the investor is paying ₹53.65 for every ₹1 in earnings.

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

  • The EOD is 55.046. Based on the earnings, the company is expensive. -2
  • The MRQ is 53.652. Based on the earnings, the company is expensive. -2
  • The TTM is 53.652. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD55.046MRQ53.652+1.394
MRQ53.652TTM53.6520.000
TTM53.652YOY49.210+4.442
TTM53.6525Y44.742+8.910
5Y44.74210Y45.447-0.705
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD55.04617.945+37.101
MRQ53.65216.699+36.953
TTM53.65215.914+37.738
YOY49.21016.782+32.428
5Y44.74221.566+23.176
10Y45.44723.043+22.404
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 77.060. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The MRQ is 75.109. Based on how much money comes from the company's main activities, the company is overpriced. -1
  • The TTM is 75.109. Based on how much money comes from the company's main activities, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD77.060MRQ75.109+1.951
MRQ75.109TTM75.1090.000
TTM75.109YOY-339.202+414.311
TTM75.1095Y-23.513+98.622
5Y-23.51310Y30.604-54.116
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD77.0608.674+68.386
MRQ75.1099.000+66.109
TTM75.1096.512+68.597
YOY-339.2023.038-342.240
5Y-23.5134.131-27.644
10Y30.6043.114+27.490
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Tools & Accessories industry mean).
  • A PB ratio of 10.29 means the investor is paying ₹10.29 for each ₹1 in book value.

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

  • The EOD is 10.558. Based on the equity, the company is expensive. -2
  • The MRQ is 10.291. Based on the equity, the company is expensive. -2
  • The TTM is 10.291. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD10.558MRQ10.291+0.267
MRQ10.291TTM10.2910.000
TTM10.291YOY9.715+0.576
TTM10.2915Y6.832+3.459
5Y6.83210Y6.989-0.157
Compared to industry (Tools & Accessories)
PeriodCompanyIndustry (mean)+/- 
EOD10.5581.845+8.713
MRQ10.2911.886+8.405
TTM10.2911.825+8.466
YOY9.7151.841+7.874
5Y6.8322.020+4.812
10Y6.9892.453+4.536
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Timken India Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--50.55050.5500%41.671+21%35.492+42%22.544+124%
Book Value Per Share--270.833270.8330%220.283+23%211.517+28%141.163+92%
Current Ratio--3.7723.7720%2.891+30%3.059+23%2.966+27%
Debt To Asset Ratio--0.2030.2030%0.245-17%0.237-14%0.250-19%
Debt To Equity Ratio--0.2550.2550%0.324-21%0.313-18%0.335-24%
Dividend Per Share--1.5001.5000%1.500+0%10.999-86%6.810-78%
Eps--51.94851.9480%43.487+19%33.390+56%22.098+135%
Free Cash Flow Per Share--37.10737.1070%-6.309+117%18.721+98%10.264+262%
Free Cash Flow To Equity Per Share--35.07435.0740%-8.264+124%6.791+416%3.676+854%
Gross Profit Margin--0.8430.8430%0.859-2%0.848-1%0.848-1%
Intrinsic Value_10Y_max--532.299--------
Intrinsic Value_10Y_min--154.989--------
Intrinsic Value_1Y_max--26.243--------
Intrinsic Value_1Y_min--11.711--------
Intrinsic Value_3Y_max--99.502--------
Intrinsic Value_3Y_min--38.704--------
Intrinsic Value_5Y_max--197.657--------
Intrinsic Value_5Y_min--69.344--------
Market Cap215087884088.000+3%209642049918.400209642049918.4000%160968090760.000+30%113823224654.220+84%76304874685.910+175%
Net Profit Margin--0.1390.1390%0.150-7%0.127+10%0.104+34%
Operating Margin--0.1880.1880%0.202-7%0.172+9%0.147+27%
Operating Ratio--0.8310.8310%0.801+4%0.836-1%0.860-3%
Pb Ratio10.558+3%10.29110.2910%9.715+6%6.832+51%6.989+47%
Pe Ratio55.046+3%53.65253.6520%49.210+9%44.742+20%45.447+18%
Price Per Share2859.500+3%2787.1002787.1000%2140.000+30%1513.230+84%1014.440+175%
Price To Free Cash Flow Ratio77.060+3%75.10975.1090%-339.202+552%-23.513+131%30.604+145%
Price To Total Gains Ratio54.938+3%53.54753.5470%49.571+8%40.362+33%41.728+28%
Quick Ratio--2.8812.8810%1.760+64%2.153+34%1.969+46%
Return On Assets--0.1530.1530%0.149+3%0.117+30%0.115+33%
Return On Equity--0.1920.1920%0.197-3%0.153+26%0.153+26%
Total Gains Per Share--52.05052.0500%43.171+21%46.491+12%29.354+77%
Usd Book Value--244460640.000244460640.0000%198833040.000+23%190920744.000+28%127417586.566+92%
Usd Book Value Change Per Share--0.6070.6070%0.500+21%0.426+42%0.271+124%
Usd Book Value Per Share--3.2503.2500%2.643+23%2.538+28%1.694+92%
Usd Dividend Per Share--0.0180.0180%0.018+0%0.132-86%0.082-78%
Usd Eps--0.6230.6230%0.522+19%0.401+56%0.265+135%
Usd Free Cash Flow--33493920.00033493920.0000%-5694600.000+117%16897848.000+98%9264957.836+262%
Usd Free Cash Flow Per Share--0.4450.4450%-0.076+117%0.225+98%0.123+262%
Usd Free Cash Flow To Equity Per Share--0.4210.4210%-0.099+124%0.081+416%0.044+854%
Usd Market Cap2581054609.056+3%2515704599.0212515704599.0210%1931617089.120+30%1365878695.851+84%915658496.231+175%
Usd Price Per Share34.314+3%33.44533.4450%25.680+30%18.159+84%12.173+175%
Usd Profit--46889400.00046889400.0000%39252600.000+19%30138480.000+56%19947724.030+135%
Usd Revenue--336793200.000336793200.0000%261819360.000+29%231736656.000+45%175401763.628+92%
Usd Total Gains Per Share--0.6250.6250%0.518+21%0.558+12%0.352+77%
 EOD+4 -4MRQTTM+0 -0YOY+27 -95Y+29 -710Y+29 -7

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1555.046
Price to Book Ratio (EOD)Between0-110.558
Net Profit Margin (MRQ)Greater than00.139
Operating Margin (MRQ)Greater than00.188
Quick Ratio (MRQ)Greater than12.881
Current Ratio (MRQ)Greater than13.772
Debt to Asset Ratio (MRQ)Less than10.203
Debt to Equity Ratio (MRQ)Less than10.255
Return on Equity (MRQ)Greater than0.150.192
Return on Assets (MRQ)Greater than0.050.153
Total8/10 (80.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.757
Ma 20Greater thanMa 502,725.918
Ma 50Greater thanMa 1002,929.735
Ma 100Greater thanMa 2003,025.265
OpenGreater thanClose2,829.450
Total1/5 (20.0%)



Latest Balance Sheet

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

Summary
Total Assets25,565,340
Total Liabilities5,193,620
Total Stockholder Equity20,371,720
 As reported
Total Liabilities 5,193,620
Total Stockholder Equity+ 20,371,720
Total Assets = 25,565,340

Assets

Total Assets25,565,340
Total Current Assets16,116,870
Long-term Assets9,448,470
Total Current Assets
Cash And Cash Equivalents 1,584,010
Short-term Investments 2,466,400
Net Receivables 5,796,280
Inventory 5,694,900
Other Current Assets 575,280
Total Current Assets  (as reported)16,116,870
Total Current Assets  (calculated)16,116,870
+/-0
Long-term Assets
Property Plant Equipment 6,556,440
Goodwill 1,813,110
Intangible Assets 497,450
Long-term Assets Other 581,470
Long-term Assets  (as reported)9,448,470
Long-term Assets  (calculated)9,448,470
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities4,273,260
Long-term Liabilities920,360
Total Stockholder Equity20,371,720
Total Current Liabilities
Short-term Debt 299,140
Short Long Term Debt 294,400
Accounts payable 3,444,190
Other Current Liabilities 478,330
Total Current Liabilities  (as reported)4,273,260
Total Current Liabilities  (calculated)4,516,060
+/- 242,800
Long-term Liabilities
Long term Debt Total 6,320
Capital Lease Obligations 11,060
Long-term Liabilities Other 145,260
Long-term Liabilities  (as reported)920,360
Long-term Liabilities  (calculated)162,640
+/- 757,720
Total Stockholder Equity
Common Stock752,190
Retained Earnings 14,010,860
Accumulated Other Comprehensive Income 260,000
Capital Surplus 5,348,670
Total Stockholder Equity (as reported)20,371,720
Total Stockholder Equity (calculated)20,371,720
+/-0
Other
Capital Stock752,190
Cash And Equivalents1,312,680
Cash and Short Term Investments 4,050,410
Common Stock Shares Outstanding 75,216
Current Deferred Revenue51,600
Liabilities and Stockholders Equity 25,565,340
Net Debt -1,278,550
Net Invested Capital 20,666,120
Net Working Capital 11,843,610
Property Plant and Equipment Gross 6,556,440
Short Long Term Debt Total 305,460



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-31
> Total Assets 
2,315,902
2,511,051
3,033,185
3,812,847
3,889,112
4,888,513
0
4,631,236
4,996,910
5,853,947
7,008,133
8,726,980
9,788,770
17,757,380
19,774,840
18,884,890
21,937,930
25,565,340
25,565,34021,937,93018,884,89019,774,84017,757,3809,788,7708,726,9807,008,1335,853,9474,996,9104,631,23604,888,5133,889,1123,812,8473,033,1852,511,0512,315,902
   > Total Current Assets 
1,208,697
1,300,287
1,578,077
1,964,287
1,517,510
2,141,621
0
3,412,171
3,567,850
4,245,000
5,014,914
5,494,040
6,479,820
8,761,780
10,425,150
9,449,950
12,599,760
16,116,870
16,116,87012,599,7609,449,95010,425,1508,761,7806,479,8205,494,0405,014,9144,245,0003,567,8503,412,17102,141,6211,517,5101,964,2871,578,0771,300,2871,208,697
       Cash And Cash Equivalents 
117,362
85,594
82,195
52,609
75,439
31,428
0
118,375
168,774
201,206
328,140
183,450
267,750
219,090
4,146,510
1,704,040
147,870
1,584,010
1,584,010147,8701,704,0404,146,510219,090267,750183,450328,140201,206168,774118,375031,42875,43952,60982,19585,594117,362
       Short-term Investments 
125,900
113,168
207,458
283,324
262,126
234,696
0
318,450
233,179
166,473
383,548
925,510
561,740
1,765,220
132,160
58,200
989,590
2,466,400
2,466,400989,59058,200132,1601,765,220561,740925,510383,548166,473233,179318,4500234,696262,126283,324207,458113,168125,900
       Net Receivables 
0
0
0
0
0
0
0
0
1,572,610
1,861,832
1,929,470
2,142,330
2,421,010
3,206,450
3,061,460
3,784,680
5,542,450
5,796,280
5,796,2805,542,4503,784,6803,061,4603,206,4502,421,0102,142,3301,929,4701,861,8321,572,61000000000
       Inventory 
441,556
507,408
627,771
841,615
672,689
1,052,773
0
1,403,297
1,367,615
1,674,597
1,859,364
1,880,280
2,454,480
3,170,790
2,914,150
3,687,130
5,584,850
5,694,900
5,694,9005,584,8503,687,1302,914,1503,170,7902,454,4801,880,2801,859,3641,674,5971,367,6151,403,29701,052,773672,689841,615627,771507,408441,556
       Other Current Assets 
523,879
594,117
660,653
786,740
507,256
822,725
0
1,572,049
1,798,283
2,202,724
2,443,862
2,504,800
3,195,850
3,606,680
155,960
274,100
335,000
575,280
575,280335,000274,100155,9603,606,6803,195,8502,504,8002,443,8622,202,7241,798,2831,572,0490822,725507,256786,740660,653594,117523,879
   > Long-term Assets 
1,107,205
1,210,763
1,455,108
1,848,560
2,371,602
2,746,891
0
1,219,065
1,429,060
1,608,948
1,993,219
3,232,940
3,308,950
8,995,600
9,349,690
9,434,940
9,338,170
9,448,470
9,448,4709,338,1709,434,9409,349,6908,995,6003,308,9503,232,9401,993,2191,608,9481,429,0601,219,06502,746,8912,371,6021,848,5601,455,1081,210,7631,107,205
       Property Plant Equipment 
562,632
593,777
632,049
705,497
676,163
606,787
0
1,035,325
1,206,833
1,328,071
1,559,884
2,887,090
3,048,090
5,017,350
5,545,180
5,604,330
5,607,370
6,556,440
6,556,4405,607,3705,604,3305,545,1805,017,3503,048,0902,887,0901,559,8841,328,0711,206,8331,035,3250606,787676,163705,497632,049593,777562,632
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
1,813,110
1,813,110
1,813,110
1,813,110
1,813,110
1,813,1101,813,1101,813,1101,813,1101,813,1100000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
300
300
300
300
300
300
0
0
0
0
000030030030030030030000000000
       Intangible Assets 
0
0
0
0
0
0
0
13,263
13,998
8,623
4,168
380
1,180
1,750,570
1,686,780
1,635,520
1,573,760
497,450
497,4501,573,7601,635,5201,686,7801,750,5701,1803804,1688,62313,99813,2630000000
       Long-term Assets Other 
125,900
113,168
207,458
283,324
262,126
234,696
0
444,411
396,092
399,367
779,752
1,238,440
821,120
2,179,490
10
93,200
1,293,600
581,470
581,4701,293,60093,200102,179,490821,1201,238,440779,752399,367396,092444,4110234,696262,126283,324207,458113,168125,900
> Total Liabilities 
632,389
446,282
593,185
842,874
593,793
1,082,618
0
1,216,649
1,173,663
1,469,482
1,786,834
2,548,290
2,765,460
4,349,950
4,008,110
5,449,880
5,368,510
5,193,620
5,193,6205,368,5105,449,8804,008,1104,349,9502,765,4602,548,2901,786,8341,469,4821,173,6631,216,64901,082,618593,793842,874593,185446,282632,389
   > Total Current Liabilities 
576,123
420,150
581,083
842,837
593,793
1,082,618
0
1,117,594
1,084,105
1,363,065
1,671,143
2,330,930
2,488,740
3,103,410
2,856,690
4,372,690
4,357,740
4,273,260
4,273,2604,357,7404,372,6902,856,6903,103,4102,488,7402,330,9301,671,1431,363,0651,084,1051,117,59401,082,618593,793842,837581,083420,150576,123
       Short-term Debt 
0
0
0
0
0
0
0
0
32,375
25,155
43,098
83,990
159,380
230,800
213,070
336,400
307,790
299,140
299,140307,790336,400213,070230,800159,38083,99043,09825,15532,37500000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
32,375
25,155
43,100
83,990
159,380
230,800
199,570
326,900
298,000
294,400
294,400298,000326,900199,570230,800159,38083,99043,10025,15532,37500000000
       Accounts payable 
436,324
282,561
432,027
680,745
483,648
786,387
0
658,220
730,217
859,565
1,129,952
1,494,330
1,965,690
2,334,970
2,139,000
3,354,520
3,285,390
3,444,190
3,444,1903,285,3903,354,5202,139,0002,334,9701,965,6901,494,3301,129,952859,565730,217658,2200786,387483,648680,745432,027282,561436,324
       Other Current Liabilities 
139,798
137,588
149,056
162,092
110,145
296,231
0
366,297
220,992
347,147
382,518
648,470
250,000
164,100
483,020
109,150
624,700
478,330
478,330624,700109,150483,020164,100250,000648,470382,518347,147220,992366,2970296,231110,145162,092149,056137,588139,798
   > Long-term Liabilities 
56,266
26,132
12,101
37
0
0
0
99,056
89,558
106,416
115,690
217,360
276,720
1,246,540
1,151,420
1,077,190
1,010,770
920,360
920,3601,010,7701,077,1901,151,4201,246,540276,720217,360115,690106,41689,55899,0560003712,10126,13256,266
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
23,300
17,100
10,000
6,320
6,32010,00017,10023,30000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
89,558
106,416
48,610
217,360
352,720
1,246,530
1,128,100
1,059,980
1,001,230
0
01,001,2301,059,9801,128,1001,246,530352,720217,36048,610106,41689,55800000000
> Total Stockholder Equity
1,683,513
2,064,769
2,440,001
2,969,973
3,295,319
3,805,894
0
3,414,586
3,823,247
4,384,466
5,221,299
6,178,690
7,023,310
13,407,430
15,766,730
13,435,010
16,569,420
20,371,720
20,371,72016,569,42013,435,01015,766,73013,407,4307,023,3106,178,6905,221,2994,384,4663,823,2473,414,58603,805,8943,295,3192,969,9732,440,0012,064,7691,683,513
   Common Stock
637,207
637,208
637,208
637,208
637,208
637,209
0
637,227
679,879
679,884
679,886
679,890
679,890
752,080
752,080
752,080
752,190
752,190
752,190752,190752,080752,080752,080679,890679,890679,886679,884679,879637,2270637,209637,208637,208637,208637,208637,207
   Retained Earnings 
1,046,306
1,427,561
1,802,793
2,332,765
2,658,111
3,168,685
0
2,403,521
2,289,253
2,769,773
3,606,604
4,803,280
5,647,900
7,046,680
9,405,980
7,074,260
10,208,560
14,010,860
14,010,86010,208,5607,074,2609,405,9807,046,6805,647,9004,803,2803,606,6042,769,7732,289,2532,403,52103,168,6852,658,1112,332,7651,802,7931,427,5611,046,306
   Accumulated Other Comprehensive Income 
-1,118,723
-1,205,604
-1,275,635
-1,347,810
-1,437,413
-1,508,571
0
-1,723,942
-1,839,051
-1,980,953
-2,180,620
-504,810
-899,900
-1,648,580
260,000
260,000
260,000
260,000
260,000260,000260,000260,000-1,648,580-899,900-504,810-2,180,620-1,980,953-1,839,051-1,723,9420-1,508,571-1,437,413-1,347,810-1,275,635-1,205,604-1,118,723
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
435,520
435,520
435,520
5,348,670
5,348,670
5,348,670
5,348,670
5,348,670
5,348,6705,348,6705,348,6705,348,6705,348,670435,520435,520435,5200000000000
   Treasury Stock000000000000000000
   Other Stockholders Equity 
1,118,723
1,205,604
1,275,635
1,347,810
1,437,413
1,508,571
0
2,097,780
2,693,165
2,915,762
3,115,428
1,200,330
1,595,420
7,257,250
5,348,670
5,348,670
5,348,670
5,348,670
5,348,6705,348,6705,348,6705,348,6707,257,2501,595,4201,200,3303,115,4282,915,7622,693,1652,097,78001,508,5711,437,4131,347,8101,275,6351,205,6041,118,723



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 (+$)
totalRevenue28,066,100
Cost of Revenue-16,597,790
Gross Profit11,468,31011,468,310
 
Operating Income (+$)
Gross Profit11,468,310
Operating Expense-6,736,720
Operating Income5,263,3404,731,590
 
Operating Expense (+$)
Research Development0
Selling General Administrative268,150
Selling And Marketing Expenses612,730
Operating Expense6,736,720880,880
 
Net Interest Income (+$)
Interest Income28,130
Interest Expense-28,130
Other Finance Cost-28,130
Net Interest Income-28,130
 
Pretax Income (+$)
Operating Income5,263,340
Net Interest Income-28,130
Other Non-Operating Income Expenses0
Income Before Tax (EBT)5,235,2105,291,470
EBIT - interestExpense = 5,235,210
5,235,210
3,935,580
Interest Expense28,130
Earnings Before Interest and Taxes (EBIT)5,263,3405,263,340
Earnings Before Interest and Taxes (EBITDA)6,135,330
 
After tax Income (+$)
Income Before Tax5,235,210
Tax Provision-1,327,760
Net Income From Continuing Ops3,907,4503,907,450
Net Income3,907,450
Net Income Applicable To Common Shares3,907,450
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses23,334,510
Total Other Income/Expenses Net-28,13028,130
 

Technical Analysis of Timken
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 Timken. The general trend of Timken is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Timken's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

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

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

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 2,864 < 2,886 < 3,127.

The bearish price targets are: 2,525 > 2,245 > 2,208.

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Timken India Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Timken India Limited. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

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

Directionalities and relatives.

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

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

Timken India Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Timken India Limited. The current macd is -6.74275653.

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

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

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Timken India Limited. The current adx is 24.84.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Timken shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Timken India Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Timken India Limited. The current sar is 2,654.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Timken India Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

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

Score

Let's take a look at the Relative Strength Index (RSI) of Timken India Limited. The current rsi is 55.76. The current phase is Correction in bear market.

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

  • Correction in bear market: Extended price decline in a downtrend, significant pullback. Consider reducing exposure, wait for signs of trend reversal.
  • Trending up: The RSI is trending up. +1
Timken India Limited Daily Relative Strength Index (RSI) ChartTimken India Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Timken India Limited. The current phase is Overbought in bear market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Timken price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Timken India Limited Daily Stochastic Oscillator ChartTimken India Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Timken India Limited. The current cci is 101.32.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Timken India Limited Daily Commodity Channel Index (CCI) ChartTimken India Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Timken India Limited. The current cmo is 24.70.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Timken India Limited Daily Chande Momentum Oscillator (CMO) ChartTimken India Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Timken India Limited. The current willr is -13.20119186.

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

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

4. Volatility Indicators

4.1 Bollinger Bands

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

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

Score

Let's take a look at the Bollinger Bands of Timken India Limited.

Timken India Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Timken India Limited. The current atr is 82.34.

Timken India Limited Daily Average True Range (ATR) ChartTimken India Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

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

Score

Let's take a look at the On-Balance Volume (OBV) of Timken India Limited. The current obv is 9,326,652.

Timken India Limited Daily On-Balance Volume (OBV) ChartTimken India Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Timken India Limited. The current mfi is 77.89.

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

  • MFI > 50: +1
Timken India Limited Daily Money Flow Index (MFI) ChartTimken India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Timken India Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23DMI 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.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-11-29DMI 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
2023-11-30DMI 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
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-01DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-07RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-04STOCH 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).
2024-01-05CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
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).
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D 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).
2024-01-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24MACD 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
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30DMI 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
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06DMI 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
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).
2024-02-07ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04STOCH 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
2024-03-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-18DMI 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
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Timken India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.757
Ma 20Greater thanMa 502,725.918
Ma 50Greater thanMa 1002,929.735
Ma 100Greater thanMa 2003,025.265
OpenGreater thanClose2,829.450
Total1/5 (20.0%)
Penke

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