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TRF Limited
Buy, Hold or Sell?

Let's analyse Trf together

PenkeI guess you are interested in TRF 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 TRF 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 Trf (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
50.0%

What is your share worth?

Current worth
INR17.66
Expected worth in 1 year
INR1,156.63
How sure are you?
20.0%

+ What do you gain per year?

Total Gains per Share
INR1,138.98
Return On Investment
278.5%

For what price can you sell your share?

Current Price per Share
INR409.00
Expected price per share
INR293.95 - INR509.95
How sure are you?
50%

1. Valuation of Trf (5 min.)




Live pricePrice per Share (EOD)

INR409.00

Intrinsic Value Per Share

INR-5.06 - INR616.40

Total Value Per Share

INR12.60 - INR634.05

2. Growth of Trf (5 min.)




Is Trf growing?

Current yearPrevious yearGrowGrow %
How rich?$2.6m-$35.2m$37.9m1,436.9%

How much money is Trf making?

Current yearPrevious yearGrowGrow %
Making money$10.6m-$2.7m$13.3m126.0%
Net Profit Margin50.0%-18.1%--

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

3. Financial Health of Trf (5 min.)




4. Comparing to competitors in the Specialty Industrial Machinery industry (5 min.)




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#707 / 738

Most Revenue
#576 / 738

Most Profit
#241 / 738

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

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

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

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

Speculation

The Price per Share of Trf is INR409.00. 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 Trf.
  • 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 Trf, 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 INR17.66. Based on the TTM, the Book Value Change Per Share is INR284.74 per quarter. Based on the YOY, the Book Value Change Per Share is INR-20.93 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Trf.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps-0.090.0%-0.090.0%-0.25-0.1%-0.75-0.2%-0.58-0.1%
Usd Book Value Change Per Share3.420.8%3.420.8%-0.25-0.1%0.480.1%-0.070.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share3.420.8%3.420.8%-0.25-0.1%0.480.1%-0.070.0%
Usd Price Per Share1.92-1.92-1.61-1.32-2.12-
Price to Earnings Ratio-21.47--21.47--6.42--6.60--235.74-
Price-to-Total Gains Ratio0.56-0.56--6.42--1.31--3.84-
Price to Book Ratio9.07-9.07--0.50--43.12--26.69-
Price-to-Total Gains Ratio0.56-0.56--6.42--1.31--3.84-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share4.908
Number of shares203
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share3.420.48
Usd Total Gains Per Share3.420.48
Gains per Quarter (203 shares)693.6497.32
Gains per Year (203 shares)2,774.55389.29
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10277527650389379
20554955400778768
3083248315011681157
401109811090015571546
501387313865019461935
601664716640023352324
701942219415027252713
802219622190031143102
902497124965035033491
1002774527740038923880

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.010.00.00.0%8.011.00.042.1%
Book Value Change Per Share1.00.00.0100.0%1.02.00.033.3%2.03.00.040.0%2.08.00.020.0%9.010.00.047.4%
Dividend per Share0.00.01.00.0%0.00.03.00.0%1.00.04.020.0%5.00.05.050.0%14.00.05.073.7%
Total Gains per Share1.00.00.0100.0%1.02.00.033.3%2.03.00.040.0%2.08.00.020.0%9.010.00.047.4%

Fundamentals of Trf

About TRF Limited

TRF Limited undertakes turnkey projects of material handling in India. It operates in Products & Services and Project & Services segments. The company offers idler rollers, vibrating screens, and crushers, as well as components; sectional and mine conveyors; and miscellaneous products. It also provides professional services by deployment of manpower in the areas of project and construction, design and engineering, manufacturing, and other technical service. The company serves the infrastructure sector, including power and ports; and industrial sector, such as steel plants, cement, fertilizers, and mining. TRF Limited was incorporated in 1962 and is based in Jamshedpur, India.

Fundamental data was last updated by Penke on 2024-03-13 11:24:03.

Financial Health

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

Valuation

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

1.1. Profitability of TRF Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Trf to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 50.0% means that ₹0.50 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 50.0%. The company is making a huge profit. +2
  • The TTM is 50.0%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ50.0%TTM50.0%0.0%
TTM50.0%YOY-18.1%+68.1%
TTM50.0%5Y-31.8%+81.9%
5Y-31.8%10Y-20.4%-11.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ50.0%5.5%+44.5%
TTM50.0%5.2%+44.8%
YOY-18.1%5.1%-23.2%
5Y-31.8%4.5%-36.3%
10Y-20.4%4.7%-25.1%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Trf to the Specialty Industrial Machinery industry mean.
  • 27.1% Return on Assets means that Trf generated ₹0.27 profit for each $1 in assets.

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

  • The MRQ is 27.1%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 27.1%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ27.1%TTM27.1%0.0%
TTM27.1%YOY-6.3%+33.4%
TTM27.1%5Y-7.7%+34.8%
5Y-7.7%10Y-6.3%-1.5%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ27.1%1.1%+26.0%
TTM27.1%1.0%+26.1%
YOY-6.3%1.1%-7.4%
5Y-7.7%1.0%-8.7%
10Y-6.3%1.1%-7.4%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Trf to the Specialty Industrial Machinery industry mean.
  • 402.9% Return on Equity means Trf generated ₹4.03 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 402.9%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 402.9%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ402.9%TTM402.9%0.0%
TTM402.9%YOY-+402.9%
TTM402.9%5Y80.6%+322.3%
5Y80.6%10Y35.2%+45.4%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ402.9%2.3%+400.6%
TTM402.9%2.1%+400.8%
YOY-2.2%-2.2%
5Y80.6%2.0%+78.6%
10Y35.2%2.2%+33.0%

1.2. Operating Efficiency of TRF Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Trf is operating .

  • Measures how much profit Trf 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 Trf to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 59.6% means the company generated ₹0.60  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 59.6%. The company is operating very efficient. +2
  • The TTM is 59.6%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ59.6%TTM59.6%0.0%
TTM59.6%YOY9.9%+49.8%
TTM59.6%5Y-4.5%+64.1%
5Y-4.5%10Y-4.6%+0.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ59.6%7.9%+51.7%
TTM59.6%4.7%+54.9%
YOY9.9%6.2%+3.7%
5Y-4.5%6.2%-10.7%
10Y-4.6%5.0%-9.6%
1.2.2. Operating Ratio

Measures how efficient Trf is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.68 means that the operating costs are ₹0.68 for each ₹1 in net sales.

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

  • The MRQ is 0.681. The company is efficient in keeping operating costs low. +1
  • The TTM is 0.681. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.681TTM0.6810.000
TTM0.681YOY0.891-0.210
TTM0.6815Y1.121-0.440
5Y1.12110Y1.090+0.031
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6811.534-0.853
TTM0.6811.554-0.873
YOY0.8911.550-0.659
5Y1.1211.523-0.402
10Y1.0901.248-0.158

1.3. Liquidity of TRF Limited.

1.3. Liquidity
1.3.1. Current Ratio

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

  • Above 1.5 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A Current Ratio of 1.41 means the company has ₹1.41 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.414. The company is just able to pay all its short-term debts.
  • The TTM is 1.414. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.414TTM1.4140.000
TTM1.414YOY0.527+0.887
TTM1.4145Y0.792+0.622
5Y0.79210Y0.846-0.054
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4141.674-0.260
TTM1.4141.688-0.274
YOY0.5271.649-1.122
5Y0.7921.740-0.948
10Y0.8461.534-0.688
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Trf to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 1.63 means the company can pay off ₹1.63 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 1.632. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.632. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.632TTM1.6320.000
TTM1.632YOY0.467+1.166
TTM1.6325Y0.710+0.923
5Y0.71010Y0.531+0.179
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6320.717+0.915
TTM1.6320.749+0.883
YOY0.4670.814-0.347
5Y0.7100.858-0.148
10Y0.5310.860-0.329

1.4. Solvency of TRF Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Trf to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.93 means that Trf assets are financed with 93.3% credit (debt) and the remaining percentage (100% - 93.3%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.933. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.933. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.933TTM0.9330.000
TTM0.933YOY1.799-0.866
TTM0.9335Y1.337-0.404
5Y1.33710Y1.193+0.144
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9330.499+0.434
TTM0.9330.503+0.430
YOY1.7990.504+1.295
5Y1.3370.497+0.840
10Y1.1930.491+0.702
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Trf to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 1,386.1% means that company has ₹13.86 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 13.861. The company is unable to pay all its debts with equity. -1
  • The TTM is 13.861. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ13.861TTM13.8610.000
TTM13.861YOY-+13.861
TTM13.8615Y2.772+11.089
5Y2.77210Y3.590-0.818
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ13.8610.998+12.863
TTM13.8611.016+12.845
YOY-1.013-1.013
5Y2.7721.052+1.720
10Y3.5901.032+2.558

2. Market Valuation of TRF 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 Trf generates.

  • Above 15 is considered overpriced but always compare Trf to the Specialty Industrial Machinery industry mean.
  • A PE ratio of -21.47 means the investor is paying ₹-21.47 for every ₹1 in earnings.

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

  • The EOD is -54.821. Based on the earnings, the company is expensive. -2
  • The MRQ is -21.466. Based on the earnings, the company is expensive. -2
  • The TTM is -21.466. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-54.821MRQ-21.466-33.355
MRQ-21.466TTM-21.4660.000
TTM-21.466YOY-6.419-15.047
TTM-21.4665Y-6.600-14.866
5Y-6.60010Y-235.741+229.141
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-54.82119.476-74.297
MRQ-21.46618.616-40.082
TTM-21.46619.352-40.818
YOY-6.41917.955-24.374
5Y-6.60021.955-28.555
10Y-235.74128.443-264.184
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is 6.229. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.439. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 2.439. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD6.229MRQ2.439+3.790
MRQ2.439TTM2.4390.000
TTM2.439YOY-3.906+6.345
TTM2.4395Y0.177+2.262
5Y0.17710Y-19.914+20.091
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD6.2295.476+0.753
MRQ2.4394.966-2.527
TTM2.4392.621-0.182
YOY-3.906-0.130-3.776
5Y0.1770.502-0.325
10Y-19.9142.022-21.936
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • A PB ratio of 9.07 means the investor is paying ₹9.07 for each ₹1 in book value.

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

  • The EOD is 23.166. Based on the equity, the company is expensive. -2
  • The MRQ is 9.071. Based on the equity, the company is overpriced. -1
  • The TTM is 9.071. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD23.166MRQ9.071+14.095
MRQ9.071TTM9.0710.000
TTM9.071YOY-0.503+9.574
TTM9.0715Y-43.120+52.191
5Y-43.12010Y-26.693-16.428
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD23.1662.115+21.051
MRQ9.0712.124+6.947
TTM9.0712.181+6.890
YOY-0.5032.361-2.864
5Y-43.1202.377-45.497
10Y-26.6932.932-29.625
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of TRF 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--284.744284.7440%-20.932+107%39.947+613%-5.655+102%
Book Value Per Share--17.65517.6550%-267.089+1613%-131.818+847%-90.530+613%
Current Ratio--1.4141.4140%0.527+168%0.792+79%0.846+67%
Debt To Asset Ratio--0.9330.9330%1.799-48%1.337-30%1.193-22%
Debt To Equity Ratio--13.86113.8610%-+100%2.772+400%3.590+286%
Dividend Per Share----0%-0%0.005-100%0.210-100%
Eps---7.461-7.4610%-20.939+181%-62.514+738%-48.320+548%
Free Cash Flow Per Share--65.66465.6640%-34.409+152%-20.210+131%11.129+490%
Free Cash Flow To Equity Per Share--41.32441.3240%-26.291+164%-28.202+168%-27.783+167%
Gross Profit Margin--0.9970.9970%1.003-1%1.003-1%1.0010%
Intrinsic Value_10Y_max--616.397--------
Intrinsic Value_10Y_min---5.060--------
Intrinsic Value_1Y_max--26.433--------
Intrinsic Value_1Y_min---15.399--------
Intrinsic Value_3Y_max--106.349--------
Intrinsic Value_3Y_min---33.643--------
Intrinsic Value_5Y_max--218.731--------
Intrinsic Value_5Y_min---37.912--------
Market Cap4500799600.000+56%1994189881.9501994189881.9500%1478992972.800+35%1257842377.110+59%1970303989.295+1%
Net Profit Margin--0.5000.5000%-0.181+136%-0.318+164%-0.204+141%
Operating Margin--0.5960.5960%0.099+505%-0.045+107%-0.046+108%
Operating Ratio--0.6810.6810%0.891-24%1.121-39%1.090-38%
Pb Ratio23.166+61%9.0719.0710%-0.503+106%-43.120+575%-26.693+394%
Pe Ratio-54.821-155%-21.466-21.4660%-6.419-70%-6.600-69%-235.741+998%
Price Per Share409.000+61%160.150160.1500%134.400+19%110.090+45%176.940-9%
Price To Free Cash Flow Ratio6.229+61%2.4392.4390%-3.906+260%0.177+1275%-19.914+916%
Price To Total Gains Ratio1.436+61%0.5620.5620%-6.421+1242%-1.308+332%-3.842+783%
Quick Ratio--1.6321.6320%0.467+250%0.710+130%0.531+208%
Return On Assets--0.2710.2710%-0.063+123%-0.077+128%-0.063+123%
Return On Equity--4.0294.0290%-+100%0.806+400%0.352+1045%
Total Gains Per Share--284.744284.7440%-20.932+107%39.952+613%-5.445+102%
Usd Book Value--2638116.0002638116.0000%-35269908.000+1437%-17345668.800+758%-11924115.600+552%
Usd Book Value Change Per Share--3.4173.4170%-0.251+107%0.479+613%-0.068+102%
Usd Book Value Per Share--0.2120.2120%-3.205+1613%-1.582+847%-1.086+613%
Usd Dividend Per Share----0%-0%0.000-100%0.003-100%
Usd Eps---0.090-0.0900%-0.251+181%-0.750+738%-0.580+548%
Usd Free Cash Flow--9811776.0009811776.0000%-4543764.000+146%-2440648.800+125%1583730.000+520%
Usd Free Cash Flow Per Share--0.7880.7880%-0.413+152%-0.243+131%0.134+490%
Usd Free Cash Flow To Equity Per Share--0.4960.4960%-0.315+164%-0.338+168%-0.333+167%
Usd Market Cap54009595.200+56%23930278.58323930278.5830%17747915.674+35%15094108.525+59%23643647.872+1%
Usd Price Per Share4.908+61%1.9221.9220%1.613+19%1.321+45%2.123-9%
Usd Profit--10629480.00010629480.0000%-2765004.000+126%-5932262.400+156%-6427044.000+160%
Usd Revenue--21252288.00021252288.0000%15256512.000+39%22718299.200-6%69262500.000-69%
Usd Total Gains Per Share--3.4173.4170%-0.251+107%0.479+613%-0.065+102%
 EOD+5 -3MRQTTM+0 -0YOY+29 -55Y+28 -810Y+27 -9

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-54.821
Price to Book Ratio (EOD)Between0-123.166
Net Profit Margin (MRQ)Greater than00.500
Operating Margin (MRQ)Greater than00.596
Quick Ratio (MRQ)Greater than11.632
Current Ratio (MRQ)Greater than11.414
Debt to Asset Ratio (MRQ)Less than10.933
Debt to Equity Ratio (MRQ)Less than113.861
Return on Equity (MRQ)Greater than0.154.029
Return on Assets (MRQ)Greater than0.050.271
Total7/10 (70.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.370
Ma 20Greater thanMa 50441.685
Ma 50Greater thanMa 100383.817
Ma 100Greater thanMa 200322.534
OpenGreater thanClose415.750
Total4/5 (80.0%)



Reversals in quarterly reports

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

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Total Stockholder Equity -5,886-1,787,460-1,793,346-915,468-2,708,814-230,345-2,939,1593,159,002219,843
Accumulated Other Comprehensive Income  -188,96515,231-173,734-3,352,144-3,525,878-230,345-3,756,2235,171,9251,415,702
Net Working Capital  -1,615,659-375,165-1,990,824-787,433-2,778,257122,286-2,655,9713,480,582824,611
Income before Tax  -1,028,205-296,557-1,324,762669,882-654,880493,827-161,053969,463808,410
Net Income  -345,683-1,504,654-1,850,337919,208-931,129700,712-230,4171,116,207885,790
Operating Income  -626,243-421,679-1,047,922683,174-364,748307,360-57,388625,216567,828
Total Other Income Expense Net -401,962125,122-276,840-13,292-290,132186,467-103,665344,247240,582
Net Income from Continuing Operations  -1,041,742-283,348-1,325,090669,920-655,170494,227-160,9431,036,177875,234



Latest Balance Sheet

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

Summary
Total Assets3,267,091
Total Liabilities3,047,248
Total Stockholder Equity219,843
 As reported
Total Liabilities 3,047,248
Total Stockholder Equity+ 219,843
Total Assets = 3,267,091

Assets

Total Assets3,267,091
Total Current Assets2,816,118
Long-term Assets450,973
Total Current Assets
Cash And Cash Equivalents 225,182
Short-term Investments 609,501
Net Receivables 1,806,500
Inventory 104,043
Other Current Assets 70,892
Total Current Assets  (as reported)2,816,118
Total Current Assets  (calculated)2,816,118
+/-0
Long-term Assets
Property Plant Equipment 171,725
Goodwill 65,766
Intangible Assets 1,518
Long-term Assets Other 271,199
Long-term Assets  (as reported)450,973
Long-term Assets  (calculated)510,208
+/- 59,235

Liabilities & Shareholders' Equity

Total Current Liabilities1,991,507
Long-term Liabilities1,055,741
Total Stockholder Equity219,843
Total Current Liabilities
Short-term Debt 2,222
Accounts payable 626,357
Other Current Liabilities 678,027
Total Current Liabilities  (as reported)1,991,507
Total Current Liabilities  (calculated)1,306,606
+/- 684,901
Long-term Liabilities
Long term Debt Total 403,069
Long term Debt 838,420
Capital Lease Obligations Min Short Term Debt7,494
Long-term Liabilities Other 24,927
Long-term Liabilities  (as reported)1,055,741
Long-term Liabilities  (calculated)1,273,910
+/- 218,169
Total Stockholder Equity
Common Stock110,044
Retained Earnings -6,165,834
Accumulated Other Comprehensive Income 1,415,702
Other Stockholders Equity 4,609,931
Total Stockholder Equity (as reported)219,843
Total Stockholder Equity (calculated)-30,157
+/- 250,000
Other
Capital Stock360,044
Cash And Equivalents154,824
Cash and Short Term Investments 834,683
Common Stock Shares Outstanding 12,452
Current Deferred Revenue684,901
Liabilities and Stockholders Equity 3,267,091
Net Debt 622,954
Net Invested Capital 808,263
Net Working Capital 824,611
Property Plant and Equipment Gross 171,725
Short Long Term Debt Total 848,136



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
1,917,354
1,999,090
2,888,364
4,941,253
6,338,809
8,917,309
9,193,792
12,285,640
13,764,925
13,070,319
13,679,187
13,478,970
11,998,981
10,908,711
6,806,232
5,702,073
4,244,937
3,677,918
3,267,091
3,267,0913,677,9184,244,9375,702,0736,806,23210,908,71111,998,98113,478,97013,679,18713,070,31913,764,92512,285,6409,193,7928,917,3096,338,8094,941,2532,888,3641,999,0901,917,354
   > Total Current Assets 
1,813,843
1,894,694
2,719,740
4,498,873
5,783,567
7,633,805
9,193,792
9,320,374
10,726,687
9,741,924
10,715,208
10,553,111
9,089,872
8,420,798
4,795,930
4,928,526
3,522,034
2,960,676
2,816,118
2,816,1182,960,6763,522,0344,928,5264,795,9308,420,7989,089,87210,553,11110,715,2089,741,92410,726,6879,320,3749,193,7927,633,8055,783,5674,498,8732,719,7401,894,6941,813,843
       Cash And Cash Equivalents 
67,297
27,729
198,973
163,130
214,920
434,596
520,768
709,097
639,584
552,898
719,105
430,166
483,253
218,941
304,227
397,598
191,509
194,755
225,182
225,182194,755191,509397,598304,227218,941483,253430,166719,105552,898639,584709,097520,768434,596214,920163,130198,97327,72967,297
       Short-term Investments 
221,617
220,457
648,518
1,067,969
1,458,177
1,445,842
1,644,558
3,750
0
0
0
5,309
27,809
57,781
62,197
220,913
164
61
609,501
609,50161164220,91362,19757,78127,8095,3090003,7501,644,5581,445,8421,458,1771,067,969648,518220,457221,617
       Net Receivables 
0
0
0
0
0
0
0
0
0
6,267,944
46,836
45,951
5,589,665
3,857,782
3,067,364
2,201,248
2,732,256
2,426,365
1,806,500
1,806,5002,426,3652,732,2562,201,2483,067,3643,857,7825,589,66545,95146,8366,267,944000000000
       Inventory 
270,543
202,833
157,136
735,282
1,134,087
1,554,387
1,805,264
1,992,165
2,820,265
1,968,965
2,659,593
2,548,356
2,232,529
1,002,942
862,479
588,187
409,123
211,671
104,043
104,043211,671409,123588,187862,4791,002,9422,232,5292,548,3562,659,5931,968,9652,820,2651,992,1651,805,2641,554,3871,134,087735,282157,136202,833270,543
       Other Current Assets 
1,254,386
1,443,675
1,715,113
2,532,492
2,976,383
4,198,980
5,223,202
6,615,362
7,266,838
7,220,061
7,336,510
7,574,589
6,346,281
7,141,134
3,567,027
3,721,828
188,982
127,824
70,892
70,892127,824188,9823,721,8283,567,0277,141,1346,346,2817,574,5897,336,5107,220,0617,266,8386,615,3625,223,2024,198,9802,976,3832,532,4921,715,1131,443,6751,254,386
   > Long-term Assets 
103,511
104,396
168,624
442,380
555,242
1,283,504
170,539
2,965,266
3,038,238
3,328,395
2,963,979
2,925,859
2,909,109
2,487,913
2,010,302
773,547
722,903
717,242
450,973
450,973717,242722,903773,5472,010,3022,487,9132,909,1092,925,8592,963,9793,328,3953,038,2382,965,266170,5391,283,504555,242442,380168,624104,396103,511
       Property Plant Equipment 
57,383
59,713
68,897
193,855
282,008
585,285
855,539
1,064,588
1,101,590
1,061,249
972,565
951,506
620,855
394,254
381,952
224,536
199,170
180,995
171,725
171,725180,995199,170224,536381,952394,254620,855951,506972,5651,061,2491,101,5901,064,588855,539585,285282,008193,85568,89759,71357,383
       Goodwill 
0
0
0
120,864
141,092
465,423
744,037
1,462,707
0
1,717,935
56,584
56,592
56,663
1,546,710
756,241
68,041
68,041
68,041
65,766
65,76668,04168,04168,041756,2411,546,71056,66356,59256,5841,717,93501,462,707744,037465,423141,092120,864000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
2,281
2,283
180,130
428,811
189,192
279,515
0
0
0
0
0000279,515189,192428,811180,1302,2832,281000000000
       Intangible Assets 
32,060
33,074
35,653
79,440
84,974
106,449
156,144
59,144
0
37,891
4,211
3,026
2,070
3,591
1,875
967
379
140
1,518
1,5181403799671,8753,5912,0703,0264,21137,891059,144156,144106,44984,97479,44035,65333,07432,060
       Other Assets 
0
0
0
0
0
0
0
0
0
512,318
434
423
382,198
354,165
590,718
543,648
515,822
528,708
21,866
21,866528,708515,822543,648590,718354,165382,198423434512,318000000000
> Total Liabilities 
1,535,750
1,571,835
2,332,167
3,664,279
4,686,727
6,848,160
7,059,111
10,605,682
12,948,318
12,448,845
13,764,604
13,911,534
12,808,168
12,912,418
6,812,118
7,495,419
6,953,751
6,617,077
3,047,248
3,047,2486,617,0776,953,7517,495,4196,812,11812,912,41812,808,16813,911,53413,764,60412,448,84512,948,31810,605,6827,059,1116,848,1604,686,7273,664,2792,332,1671,571,8351,535,750
   > Total Current Liabilities 
875,608
1,143,202
2,227,861
3,154,539
3,750,859
4,680,617
5,582,246
8,257,077
10,098,876
9,198,794
10,654,020
11,461,348
10,821,861
12,421,638
6,412,372
6,919,963
6,300,757
5,616,996
1,991,507
1,991,5075,616,9966,300,7576,919,9636,412,37212,421,63810,821,86111,461,34810,654,0209,198,79410,098,8768,257,0775,582,2464,680,6173,750,8593,154,5392,227,8611,143,202875,608
       Short-term Debt 
0
0
0
0
0
0
0
2,314,897
2,600,222
2,938,657
3,010,549
3,794,151
4,036,985
2,962,370
2,061,522
2,676,090
2,188,293
2,160,998
2,222
2,2222,160,9982,188,2932,676,0902,061,5222,962,3704,036,9853,794,1513,010,5492,938,6572,600,2222,314,8970000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
6,248,890
592,892
748,245
4,035,628
2,962,370
2,060,801
2,674,018
1,990,873
2,158,821
0
02,158,8211,990,8732,674,0182,060,8012,962,3704,035,628748,245592,8926,248,890000000000
       Accounts payable 
538,287
660,147
1,057,749
1,713,720
2,056,926
2,828,106
3,130,794
3,677,147
3,854,949
3,323,515
4,023,591
4,167,583
4,212,961
3,086,527
2,554,232
2,124,180
2,009,199
1,284,935
626,357
626,3571,284,9352,009,1992,124,1802,554,2323,086,5274,212,9614,167,5834,023,5913,323,5153,854,9493,677,1473,130,7942,828,1062,056,9261,713,7201,057,749660,147538,287
       Other Current Liabilities 
337,321
483,055
1,170,112
1,440,819
1,693,933
1,852,511
2,451,452
2,265,033
3,643,705
2,936,622
3,619,880
3,499,614
2,356,538
6,159,361
1,624,417
2,313
2,312
1,203
678,027
678,0271,2032,3122,3131,624,4176,159,3612,356,5383,499,6143,619,8802,936,6223,643,7052,265,0332,451,4521,852,5111,693,9331,440,8191,170,112483,055337,321
   > Long-term Liabilities 
660,142
428,633
104,306
509,740
935,868
2,167,543
1,476,865
2,348,605
2,849,442
3,250,051
3,110,584
2,450,186
1,986,307
490,780
399,746
575,456
652,994
1,000,081
1,055,741
1,055,7411,000,081652,994575,456399,746490,7801,986,3072,450,1863,110,5843,250,0512,849,4422,348,6051,476,8652,167,543935,868509,740104,306428,633660,142
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
22,025
6,601
60,882
124,710
193,610
225,140
428,892
427,340
403,069
403,069427,340428,892225,140193,610124,71060,8826,60122,0250000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
644,928
696,306
643,881
393,824
150,325
152,993
208,288
232,507
196,496
0
0196,496232,507208,288152,993150,325393,824643,881696,306644,928000000000
> Total Stockholder Equity
381,604
427,255
556,197
927,108
1,243,660
1,471,698
1,448,049
1,634,494
767,104
564,731
-161,927
-499,280
-813,710
-2,008,235
-5,886
-1,793,346
-2,708,814
-2,939,159
219,843
219,843-2,939,159-2,708,814-1,793,346-5,886-2,008,235-813,710-499,280-161,927564,731767,1041,634,4941,448,0491,471,6981,243,660927,108556,197427,255381,604
   Common Stock
55,022
55,022
55,022
55,022
55,022
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044
110,044110,044110,044110,044110,044110,044110,044110,044110,044110,044110,044110,044110,044110,04455,02255,02255,02255,02255,022
   Retained Earnings 
326,582
372,233
501,175
872,086
1,188,638
1,361,654
1,338,005
118,023
-798,881
-1,087,572
-1,741,131
-2,119,312
-2,359,793
-2,255,939
-4,019,888
-5,878,103
-6,790,083
-7,044,824
-6,165,834
-6,165,834-7,044,824-6,790,083-5,878,103-4,019,888-2,255,939-2,359,793-2,119,312-1,741,131-1,087,572-798,881118,0231,338,0051,361,6541,188,638872,086501,175372,233326,582
   Accumulated Other Comprehensive Income 
-261,077
-257,301
-265,516
-519,862
-560,711
-622,793
-731,793
-770,988
-887,142
-1,002,138
-990,936
-1,076,619
-156,539
-144,223
-188,965
-173,734
-3,525,878
-3,756,223
1,415,702
1,415,702-3,756,223-3,525,878-173,734-188,965-144,223-156,539-1,076,619-990,936-1,002,138-887,142-770,988-731,793-622,793-560,711-519,862-265,516-257,301-261,077
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
261,077
257,301
265,516
519,862
560,711
622,793
731,793
2,177,415
2,343,083
2,544,397
2,460,096
2,586,607
1,592,578
-1,974,056
1,830,000
1,885,524
5,234,180
5,488,921
4,609,931
4,609,9315,488,9215,234,1801,885,5241,830,000-1,974,0561,592,5782,586,6072,460,0962,544,3972,343,0832,177,415731,793622,793560,711519,862265,516257,301261,077



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 (+$)
totalRevenue1,771,024
Cost of Revenue-335,754
Gross Profit1,435,2701,435,270
 
Operating Income (+$)
Gross Profit1,435,270
Operating Expense-870,578
Operating Income567,828564,692
 
Operating Expense (+$)
Research Development0
Selling General Administrative73,214
Selling And Marketing Expenses2,238
Operating Expense870,57875,452
 
Net Interest Income (+$)
Interest Income56,023
Interest Expense-247,506
Other Finance Cost-56,023
Net Interest Income-247,506
 
Pretax Income (+$)
Operating Income567,828
Net Interest Income-247,506
Other Non-Operating Income Expenses0
Income Before Tax (EBT)808,410327,246
EBIT - interestExpense = 808,410
818,966
1,133,296
Interest Expense247,506
Earnings Before Interest and Taxes (EBIT)1,055,9161,055,916
Earnings Before Interest and Taxes (EBITDA)1,076,059
 
After tax Income (+$)
Income Before Tax808,410
Tax Provision--66,824
Net Income From Continuing Ops875,234875,234
Net Income885,790
Net Income Applicable To Common Shares-92,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,206,332
Total Other Income/Expenses Net240,582247,506
 

Technical Analysis of Trf
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 Trf. The general trend of Trf is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Trf'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 TRF 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: 502.15 < 509.95.

The bearish price targets are: 404.00 > 375.40 > 293.95.

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TRF 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 TRF Limited. The current mas is .

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

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

Directionalities and relatives.

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

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

TRF 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 TRF Limited. The current macd is 2.49331366.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Trf price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Trf. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Trf price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +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
TRF Limited Daily Moving Average Convergence/Divergence (MACD) ChartTRF 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 TRF Limited. The current adx is 21.66.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Trf shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
TRF 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 TRF Limited. The current sar is 476.39.

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
TRF 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 TRF Limited. The current rsi is 45.37. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
TRF Limited Daily Relative Strength Index (RSI) ChartTRF 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 TRF Limited. The current phase is Oversold in bull 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 Trf price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
TRF Limited Daily Stochastic Oscillator ChartTRF 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 TRF Limited. The current cci is -85.371226.

TRF Limited Daily Commodity Channel Index (CCI) ChartTRF 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 TRF Limited. The current cmo is -24.6306218.

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
TRF Limited Daily Chande Momentum Oscillator (CMO) ChartTRF 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 TRF Limited. The current willr is -92.31297186.

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
TRF Limited Daily Williams %R ChartTRF 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 TRF Limited.

TRF 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 TRF Limited. The current atr is 14.53.

TRF Limited Daily Average True Range (ATR) ChartTRF 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 TRF Limited. The current obv is 23,930,966.

TRF Limited Daily On-Balance Volume (OBV) ChartTRF 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 TRF Limited. The current mfi is 13.66.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -2/(-2 +2).

  • MFI < 50: -1
  • MFI < 20: -1
TRF Limited Daily Money Flow Index (MFI) ChartTRF Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for TRF Limited.

6.2. Trading Signals

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

DateIndicatorSignal
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
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).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-16SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-30MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31DMI 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
2024-02-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-02-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-18DMI 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
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-26DMI 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.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside

6.3. Candlestick Patterns

TRF Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5045.370
Ma 20Greater thanMa 50441.685
Ma 50Greater thanMa 100383.817
Ma 100Greater thanMa 200322.534
OpenGreater thanClose415.750
Total4/5 (80.0%)
Penke

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