25 XP   0   0   10

Visagar Polytex Limited
Buy, Hold or Sell?

Let's analyse Visagar Polytex Limited together

PenkeI guess you are interested in Visagar Polytex 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 Visagar Polytex 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.

Get notifications about Visagar Polytex Limited

I send you an email if I find something interesting about Visagar Polytex Limited.

Quick analysis of Visagar Polytex Limited (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
30.0%

What is your share worth?

Current worth
INR0.63
Expected worth in 1 year
INR0.44
How sure are you?
60.0%

+ What do you gain per year?

Total Gains per Share
INR-0.19
Return On Investment
-18.2%

For what price can you sell your share?

Current Price per Share
INR1.05
Expected price per share
INR1.05 - INR1.25
How sure are you?
50%

1. Valuation of Visagar Polytex Limited (5 min.)




Live pricePrice per Share (EOD)

INR1.05

Intrinsic Value Per Share

INR-0.21 - INR0.79

Total Value Per Share

INR0.42 - INR1.41

2. Growth of Visagar Polytex Limited (5 min.)




Is Visagar Polytex Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$2.1m$2.3m-$167.4k-7.6%

How much money is Visagar Polytex Limited making?

Current yearPrevious yearGrowGrow %
Making money-$245.3k-$147.3k-$98k-39.9%
Net Profit Margin-259.4%-34.5%--

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

3. Financial Health of Visagar Polytex Limited (5 min.)




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




  Industry Rankings (Textile Manufacturing)  


Richest
#271 / 299

Most Revenue
#292 / 299

Most Profit
#202 / 299

Most Efficient
#295 / 299

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

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

What can you expect buying and holding a share of Visagar Polytex Limited?

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

Speculation

The Price per Share of Visagar Polytex Limited is INR1.05. 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 Visagar Polytex Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

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

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR0.63. Based on the TTM, the Book Value Change Per Share is INR-0.05 per quarter. Based on the YOY, the Book Value Change Per Share is INR-0.02 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 Visagar Polytex Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.00-0.1%0.00-0.1%0.000.0%0.00-0.1%0.000.0%
Usd Book Value Change Per Share0.00-0.1%0.00-0.1%0.000.0%0.00-0.1%0.000.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.00-0.1%0.00-0.1%0.000.0%0.00-0.1%0.000.0%
Usd Price Per Share0.01-0.01-0.02-0.01-1.22-
Price to Earnings Ratio-16.78--16.78--84.15-97.31-1,642.94-
Price-to-Total Gains Ratio-16.78--16.78--99.81-49.07-1,836.12-
Price to Book Ratio1.28-1.28-2.45-1.10-116.69-
Price-to-Total Gains Ratio-16.78--16.78--99.81-49.07-1,836.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.0126
Number of shares79365
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (79365 shares)-45.40-78.88
Gains per Year (79365 shares)-181.60-315.51
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-182-1920-316-326
20-363-3740-631-642
30-545-5560-947-958
40-726-7380-1262-1274
50-908-9200-1578-1590
60-1090-11020-1893-1906
70-1271-12840-2209-2222
80-1453-14660-2524-2538
90-1634-16480-2840-2854
100-1816-18300-3155-3170

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%1.02.00.033.3%2.03.00.040.0%7.03.00.070.0%13.03.00.081.3%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%12.04.00.075.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%3.00.07.030.0%4.00.012.025.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%6.04.00.060.0%12.04.00.075.0%

Fundamentals of Visagar Polytex Limited

About Visagar Polytex Limited

Visagar Polytex Limited engages in the design, manufacture, wholesale, retail, and trade of textiles in India. The company offers ethnic wear, including sarees, lehengas, and suits; interlining goods; and various fabrics. It operates a retail chain that offers apparel and ethnic wear under the Vividha brand. Visagar Polytex Limited was incorporated in 1983 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-13 16:30:08.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Visagar Polytex Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Visagar Polytex Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • A Net Profit Margin of -259.4% means that ₹-2.59 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is -259.4%. The company is making a huge loss. -2
  • The TTM is -259.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-259.4%TTM-259.4%0.0%
TTM-259.4%YOY-34.5%-225.0%
TTM-259.4%5Y-87.8%-171.7%
5Y-87.8%10Y-43.1%-44.7%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-259.4%2.2%-261.6%
TTM-259.4%1.8%-261.2%
YOY-34.5%3.7%-38.2%
5Y-87.8%2.1%-89.9%
10Y-43.1%2.5%-45.6%
1.1.2. Return on Assets

Shows how efficient Visagar Polytex Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • -7.5% Return on Assets means that Visagar Polytex Limited generated ₹-0.07 profit for each $1 in assets.

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

  • The MRQ is -7.5%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.5%TTM-7.5%0.0%
TTM-7.5%YOY-4.2%-3.2%
TTM-7.5%5Y-10.9%+3.4%
5Y-10.9%10Y-4.5%-6.4%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.5%0.6%-8.1%
TTM-7.5%0.5%-8.0%
YOY-4.2%1.1%-5.3%
5Y-10.9%0.9%-11.8%
10Y-4.5%0.9%-5.4%
1.1.3. Return on Equity

Shows how efficient Visagar Polytex Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • -11.2% Return on Equity means Visagar Polytex Limited generated ₹-0.11 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is -11.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -11.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-11.2%TTM-11.2%0.0%
TTM-11.2%YOY-6.2%-4.9%
TTM-11.2%5Y-17.9%+6.7%
5Y-17.9%10Y-6.8%-11.1%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-11.2%1.2%-12.4%
TTM-11.2%1.2%-12.4%
YOY-6.2%2.5%-8.7%
5Y-17.9%1.8%-19.7%
10Y-6.8%1.8%-8.6%

1.2. Operating Efficiency of Visagar Polytex Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Visagar Polytex Limited is operating .

  • Measures how much profit Visagar Polytex Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • An Operating Margin of -6.7% means the company generated ₹-0.07  for each ₹1 in revenue (before taxes).

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

  • The MRQ is -6.7%. The company is operating very inefficient. -2
  • The TTM is -6.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-6.7%TTM-6.7%0.0%
TTM-6.7%YOY2.2%-8.9%
TTM-6.7%5Y-27.4%+20.7%
5Y-27.4%10Y-12.0%-15.4%
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.7%4.3%-11.0%
TTM-6.7%2.0%-8.7%
YOY2.2%5.1%-2.9%
5Y-27.4%4.2%-31.6%
10Y-12.0%3.9%-15.9%
1.2.2. Operating Ratio

Measures how efficient Visagar Polytex Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • An Operation Ratio of 2.09 means that the operating costs are ₹2.09 for each ₹1 in net sales.

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

  • The MRQ is 2.093. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.093. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.093TTM2.0930.000
TTM2.093YOY0.976+1.117
TTM2.0935Y1.479+0.614
5Y1.47910Y1.222+0.256
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ2.0931.660+0.433
TTM2.0931.676+0.417
YOY0.9761.628-0.652
5Y1.4791.623-0.144
10Y1.2221.380-0.158

1.3. Liquidity of Visagar Polytex Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Visagar Polytex Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A Current Ratio of 35.65 means the company has ₹35.65 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 35.650. The company is very able to pay all its short-term debts. +2
  • The TTM is 35.650. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ35.650TTM35.6500.000
TTM35.650YOY21.036+14.614
TTM35.6505Y13.338+22.312
5Y13.33810Y7.656+5.683
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ35.6501.491+34.159
TTM35.6501.469+34.181
YOY21.0361.494+19.542
5Y13.3381.521+11.817
10Y7.6561.315+6.341
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • A Quick Ratio of 19.42 means the company can pay off ₹19.42 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 19.420. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 19.420. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ19.420TTM19.4200.000
TTM19.420YOY11.769+7.651
TTM19.4205Y7.469+11.950
5Y7.46910Y4.208+3.262
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ19.4200.551+18.869
TTM19.4200.577+18.843
YOY11.7690.633+11.136
5Y7.4690.620+6.849
10Y4.2080.576+3.632

1.4. Solvency of Visagar Polytex Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Visagar Polytex Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Visagar Polytex Limited to Textile Manufacturing industry mean.
  • A Debt to Asset Ratio of 0.33 means that Visagar Polytex Limited assets are financed with 33.1% credit (debt) and the remaining percentage (100% - 33.1%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.331. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.331. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.331TTM0.3310.000
TTM0.331YOY0.319+0.012
TTM0.3315Y0.380-0.049
5Y0.38010Y0.467-0.087
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3310.489-0.158
TTM0.3310.487-0.156
YOY0.3190.485-0.166
5Y0.3800.502-0.122
10Y0.4670.519-0.052
1.4.2. Debt to Equity Ratio

Measures if Visagar Polytex Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • A Debt to Equity ratio of 49.4% means that company has ₹0.49 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.494. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.494. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.494TTM0.4940.000
TTM0.494YOY0.468+0.026
TTM0.4945Y0.621-0.127
5Y0.62110Y0.940-0.319
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4940.870-0.376
TTM0.4940.903-0.409
YOY0.4680.905-0.437
5Y0.6210.997-0.376
10Y0.9401.163-0.223

2. Market Valuation of Visagar Polytex 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 Visagar Polytex Limited generates.

  • Above 15 is considered overpriced but always compare Visagar Polytex Limited to the Textile Manufacturing industry mean.
  • A PE ratio of -16.78 means the investor is paying ₹-16.78 for every ₹1 in earnings.

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

  • The EOD is -22.027. Based on the earnings, the company is expensive. -2
  • The MRQ is -16.782. Based on the earnings, the company is expensive. -2
  • The TTM is -16.782. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-22.027MRQ-16.782-5.244
MRQ-16.782TTM-16.7820.000
TTM-16.782YOY-84.151+67.369
TTM-16.7825Y97.313-114.095
5Y97.31310Y1,642.937-1,545.625
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD-22.0277.622-29.649
MRQ-16.7827.177-23.959
TTM-16.7827.076-23.858
YOY-84.1517.958-92.109
5Y97.31310.526+86.787
10Y1,642.93714.684+1,628.253
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -7,872,337.131. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -5,997,971.148. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -5,997,971.148. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7,872,337.131MRQ-5,997,971.148-1,874,365.984
MRQ-5,997,971.148TTM-5,997,971.1480.000
TTM-5,997,971.148YOY330.207-5,998,301.355
TTM-5,997,971.1485Y-1,199,586.330-4,798,384.817
5Y-1,199,586.33010Y-610,060.741-589,525.589
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD-7,872,337.1312.804-7,872,339.935
MRQ-5,997,971.1482.150-5,997,973.298
TTM-5,997,971.1481.322-5,997,972.470
YOY330.2071.143+329.064
5Y-1,199,586.3300.617-1,199,586.947
10Y-610,060.7411.083-610,061.824
2. Book Value per Share
2.3. Price to Book Ratio

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

  • At or below 1 is considered healthy (always compare to Textile Manufacturing industry mean).
  • A PB ratio of 1.28 means the investor is paying ₹1.28 for each ₹1 in book value.

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

  • The EOD is 1.677. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.278. Based on the equity, the company is underpriced. +1
  • The TTM is 1.278. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.677MRQ1.278+0.399
MRQ1.278TTM1.2780.000
TTM1.278YOY2.449-1.171
TTM1.2785Y1.099+0.178
5Y1.09910Y116.685-115.586
Compared to industry (Textile Manufacturing)
PeriodCompanyIndustry (mean)+/- 
EOD1.6771.086+0.591
MRQ1.2781.067+0.211
TTM1.2781.017+0.261
YOY2.4491.121+1.328
5Y1.0991.035+0.064
10Y116.6851.265+115.420
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

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

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.048-0.0480%-0.017-65%-0.083+74%-0.017-64%
Book Value Per Share--0.6260.6260%0.674-7%0.772-19%0.810-23%
Current Ratio--35.65035.6500%21.036+69%13.338+167%7.656+366%
Debt To Asset Ratio--0.3310.3310%0.319+4%0.380-13%0.467-29%
Debt To Equity Ratio--0.4940.4940%0.468+6%0.621-20%0.940-47%
Dividend Per Share----0%-0%-0%0.004-100%
Eps---0.048-0.0480%-0.020-59%-0.110+131%-0.033-32%
Free Cash Flow Per Share--0.0000.0000%0.005-100%-0.026+19701113%-0.030+22610158%
Free Cash Flow To Equity Per Share--0.0000.0000%-0.001+6072006%-0.002+9674031%0.001-100%
Gross Profit Margin--1.0011.0010%1.0010%1.000+0%0.759+32%
Intrinsic Value_10Y_max--0.788--------
Intrinsic Value_10Y_min---0.205--------
Intrinsic Value_1Y_max--0.018--------
Intrinsic Value_1Y_min---0.028--------
Intrinsic Value_3Y_max--0.100--------
Intrinsic Value_3Y_min---0.078--------
Intrinsic Value_5Y_max--0.238--------
Intrinsic Value_5Y_min---0.121--------
Market Cap307336041.600+24%234160793.600234160793.6000%482956636.800-52%228315667.320+3%29641833906.620-99%
Net Profit Margin---2.594-2.5940%-0.345-87%-0.878-66%-0.431-83%
Operating Margin---0.067-0.0670%0.022-398%-0.274+309%-0.120+79%
Operating Ratio--2.0932.0930%0.976+114%1.479+42%1.222+71%
Pb Ratio1.677+24%1.2781.2780%2.449-48%1.099+16%116.685-99%
Pe Ratio-22.027-31%-16.782-16.7820%-84.151+401%97.313-117%1642.937-101%
Price Per Share1.050+24%0.8000.8000%1.650-52%0.780+3%101.270-99%
Price To Free Cash Flow Ratio-7872337.131-31%-5997971.148-5997971.1480%330.207-1816526%-1199586.330-80%-610060.741-90%
Price To Total Gains Ratio-22.026-31%-16.782-16.7820%-99.806+495%49.075-134%1836.123-101%
Quick Ratio--19.42019.4200%11.769+65%7.469+160%4.208+362%
Return On Assets---0.075-0.0750%-0.042-43%-0.109+46%-0.045-40%
Return On Equity---0.112-0.1120%-0.062-44%-0.179+60%-0.068-39%
Total Gains Per Share---0.048-0.0480%-0.017-65%-0.083+74%-0.014-71%
Usd Book Value--2199216.0002199216.0000%2366656.296-7%2710477.073-19%2844520.270-23%
Usd Book Value Change Per Share---0.001-0.0010%0.000-65%-0.001+74%0.000-64%
Usd Book Value Per Share--0.0080.0080%0.008-7%0.009-19%0.010-23%
Usd Dividend Per Share----0%-0%-0%0.000-100%
Usd Eps---0.001-0.0010%0.000-59%-0.001+131%0.000-32%
Usd Free Cash Flow---0.468-0.4680%17551.032-100%-92298.768+19701652%-105925.798+22610427%
Usd Free Cash Flow Per Share--0.0000.0000%0.000-100%0.000+19701113%0.000+22610158%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000+6072006%0.000+9674031%0.000-100%
Usd Market Cap3688032.499+24%2809929.5232809929.5230%5795479.642-52%2739788.008+3%355702006.879-99%
Usd Price Per Share0.013+24%0.0100.0100%0.020-52%0.009+3%1.215-99%
Usd Profit---245363.221-245363.2210%-147348.360-40%-425673.751+73%-145700.963-41%
Usd Revenue--94572.00094572.0000%427183.896-78%1755773.453-95%5655531.984-98%
Usd Total Gains Per Share---0.001-0.0010%0.000-65%-0.001+74%0.000-71%
 EOD+5 -3MRQTTM+0 -0YOY+8 -265Y+25 -910Y+13 -23

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-22.027
Price to Book Ratio (EOD)Between0-11.677
Net Profit Margin (MRQ)Greater than0-2.594
Operating Margin (MRQ)Greater than0-0.067
Quick Ratio (MRQ)Greater than119.420
Current Ratio (MRQ)Greater than135.650
Debt to Asset Ratio (MRQ)Less than10.331
Debt to Equity Ratio (MRQ)Less than10.494
Return on Equity (MRQ)Greater than0.15-0.112
Return on Assets (MRQ)Greater than0.05-0.075
Total4/10 (40.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.503
Ma 20Greater thanMa 501.173
Ma 50Greater thanMa 1001.351
Ma 100Greater thanMa 2001.224
OpenGreater thanClose1.050
Total2/5 (40.0%)



Latest Balance Sheet

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

Summary
Total Assets273,824
Total Liabilities90,556
Total Stockholder Equity183,268
 As reported
Total Liabilities 90,556
Total Stockholder Equity+ 183,268
Total Assets = 273,824

Assets

Total Assets273,824
Total Current Assets229,978
Long-term Assets43,846
Total Current Assets
Cash And Cash Equivalents 6
Short-term Investments 8,890
Net Receivables 107,490
Inventory 106,695
Other Current Assets 6,897
Total Current Assets  (as reported)229,978
Total Current Assets  (calculated)229,978
+/-0
Long-term Assets
Property Plant Equipment 36,257
Intangible Assets 14
Other Assets 1,273
Long-term Assets  (as reported)43,846
Long-term Assets  (calculated)37,544
+/- 6,302

Liabilities & Shareholders' Equity

Total Current Liabilities6,451
Long-term Liabilities84,105
Total Stockholder Equity183,268
Total Current Liabilities
Accounts payable 2,993
Other Current Liabilities 3,458
Total Current Liabilities  (as reported)6,451
Total Current Liabilities  (calculated)6,451
+/-0
Long-term Liabilities
Long term Debt Total 84,105
Other Liabilities -1
Long-term Liabilities  (as reported)84,105
Long-term Liabilities  (calculated)84,104
+/- 1
Total Stockholder Equity
Common Stock292,700
Retained Earnings -121,612
Other Stockholders Equity 12,180
Total Stockholder Equity (as reported)183,268
Total Stockholder Equity (calculated)183,268
+/-0
Other
Capital Stock292,700
Cash and Short Term Investments 8,896
Common Stock Shares Outstanding 279,060
Liabilities and Stockholders Equity 273,824
Net Debt 84,099
Net Invested Capital 267,373
Net Tangible Assets 183,255
Net Working Capital 223,527
Property Plant and Equipment Gross 150,737
Short Long Term Debt Total 84,105



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-31
> Total Assets 
26,995
94,520
120,772
187,234
258,144
383,044
464,920
558,658
612,424
425,323
520,293
660,859
593,302
339,013
351,864
289,492
273,824
273,824289,492351,864339,013593,302660,859520,293425,323612,424558,658464,920383,044258,144187,234120,77294,52026,995
   > Total Current Assets 
26,186
80,684
104,513
172,449
219,484
302,340
391,421
493,485
553,439
336,382
439,356
567,721
517,068
273,028
290,479
239,163
229,978
229,978239,163290,479273,028517,068567,721439,356336,382553,439493,485391,421302,340219,484172,449104,51380,68426,186
       Cash And Cash Equivalents 
1,654
2,373
3,338
1,457
1,860
2,734
2,307
1,033
1,228
861
2,304
1,990
3,355
1,968
1,129
704
6
67041,1291,9683,3551,9902,3048611,2281,0332,3072,7341,8601,4573,3382,3731,654
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
21,670
5,714
-9,196
12,828
8,576
8,890
8,8908,57612,828-9,1965,71421,67000000000000
       Net Receivables 
0
0
0
0
0
0
0
301,607
328,140
86,437
177,307
314,543
250,203
174,981
183,987
124,525
107,490
107,490124,525183,987174,981250,203314,543177,30786,437328,140301,6070000000
       Inventory 
9,649
27,539
37,858
53,202
42,673
55,643
104,722
189,150
222,210
244,856
253,186
246,382
258,913
91,835
101,544
110,539
106,695
106,695110,539101,54491,835258,913246,382253,186244,856222,210189,150104,72255,64342,67353,20237,85827,5399,649
       Other Current Assets 
14,882
50,772
63,317
117,790
174,951
243,962
284,392
303,302
330,001
90,665
183,867
319,349
3,689
4,243
3,819
3,394
6,897
6,8973,3943,8194,2433,689319,349183,86790,665330,001303,302284,392243,962174,951117,79063,31750,77214,882
   > Long-term Assets 
809
13,836
16,258
14,785
38,660
80,705
73,499
65,173
58,985
88,941
80,937
93,139
76,233
65,985
61,385
50,329
43,846
43,84650,32961,38565,98576,23393,13980,93788,94158,98565,17373,49980,70538,66014,78516,25813,836809
       Property Plant Equipment 
543
12,796
12,554
12,658
35,042
68,462
59,930
54,716
47,150
76,148
66,730
70,524
62,883
55,483
49,283
42,752
36,257
36,25742,75249,28355,48362,88370,52466,73076,14847,15054,71659,93068,46235,04212,65812,55412,796543
       Long Term Investments 
0
0
0
0
0
0
0
1,587
1,587
1,587
1,587
1,587
1,386
0
0
0
0
00001,3861,5871,5871,5871,5871,5870000000
       Intangible Assets 
0
0
0
0
0
0
45
-72
0
32
20
-127
19
14
8
3
14
14381419-12720320-7245000000
       Long-term Assets Other 
266
1,040
3,704
2,044
3,452
11,808
13,523
9,255
11,812
12,761
14,187
21,469
12,058
-5
23,623
14,852
15,166
15,16614,85223,623-512,05821,46914,18712,76111,8129,25513,52311,8083,4522,0443,7041,040266
> Total Liabilities 
16,975
66,660
88,497
82,350
145,629
156,542
230,962
316,516
355,228
253,259
255,106
356,380
248,128
137,371
149,804
92,271
90,556
90,55692,271149,804137,371248,128356,380255,106253,259355,228316,516230,962156,542145,62982,35088,49766,66016,975
   > Total Current Liabilities 
16,862
46,680
65,689
60,847
113,861
74,592
131,497
227,757
338,056
136,860
230,180
334,988
239,425
67,150
76,829
11,369
6,451
6,45111,36976,82967,150239,425334,988230,180136,860338,056227,757131,49774,592113,86160,84765,68946,68016,862
       Short-term Debt 
0
0
0
0
9,020
2,920
1,652
1,723
82,750
85,766
87,027
92,327
88,174
30,316
21,798
0
0
0021,79830,31688,17492,32787,02785,76682,7501,7231,6522,9209,0200000
       Short Long Term Debt 
0
0
0
0
0
0
0
87,935
98,559
121,249
87,027
92,327
88,174
30,316
21,798
0
0
0021,79830,31688,17492,32787,027121,24998,55987,9350000000
       Accounts payable 
0
0
0
0
0
69,180
127,597
221,606
243,613
48,187
127,942
234,515
145,950
31,163
49,610
7,632
2,993
2,9937,63249,61031,163145,950234,515127,94248,187243,613221,606127,59769,18000000
       Other Current Liabilities 
16,862
46,680
65,689
60,847
104,841
2,492
2,248
4,428
11,693
2,906
15,211
4,642
5,301
1,090
951
3,738
3,458
3,4583,7389511,0905,3014,64215,2112,90611,6934,4282,2482,492104,84160,84765,68946,68016,862
   > Long-term Liabilities 
112
19,980
22,808
21,503
31,768
81,950
99,465
88,759
17,171
116,399
24,925
21,393
8,703
70,222
72,975
80,902
84,105
84,10580,90272,97570,2228,70321,39324,925116,39917,17188,75999,46581,95031,76821,50322,80819,980112
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
35,483
24,925
21,393
91,919
100,537
72,975
80,902
84,105
84,10580,90272,975100,53791,91921,39324,92535,483000000000
       Other Liabilities 
0
0
0
0
0
0
0
2,547
1,363
1,370
0
0
0
0
0
-1
-1
-1-1000001,3701,3632,5470000000
> Total Stockholder Equity
20,040
55,720
64,549
209,768
112,514
226,502
233,958
242,114
257,196
172,064
265,187
304,479
345,174
201,642
202,060
197,221
183,268
183,268197,221202,060201,642345,174304,479265,187172,064257,196242,114233,958226,502112,514209,76864,54955,72020,040
   Common Stock
2,480
7,440
7,440
8,000
16,000
16,786
16,786
16,786
16,786
184,650
246,201
246,201
246,201
292,701
292,701
292,701
292,700
292,700292,701292,701292,701246,201246,201246,201184,65016,78616,78616,78616,78616,0008,0007,4407,4402,480
   Retained Earnings Total Equity00000000000000000
   Accumulated Other Comprehensive Income 
-112
-494
-1,905
-3,496
-4,833
-11,763
-21,701
-29,195
-40,245
-58,806
-68,530
-78,394
-87,015
12,180
12,180
0
0
0012,18012,180-87,015-78,394-68,530-58,806-40,245-29,195-21,701-11,763-4,833-3,496-1,905-494-112
   Capital Surplus 00000000000000000
   Treasury Stock00000000000000000
   Other Stockholders Equity 
17,672
48,774
59,014
205,264
63,473
175,596
185,535
193,029
204,078
58,806
68,530
103,594
151,275
12,180
12,180
12,180
12,180
12,18012,18012,18012,180151,275103,59468,53058,806204,078193,029185,535175,59663,473205,26459,01448,77417,672



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 (+$)
totalRevenue7,881
Cost of Revenue-5,542
Gross Profit2,3392,339
 
Operating Income (+$)
Gross Profit2,339
Operating Expense-10,951
Operating Income-528-8,612
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,105
Selling And Marketing Expenses19
Operating Expense10,9511,124
 
Net Interest Income (+$)
Interest Income6,931
Interest Expense-6,931
Other Finance Cost-6,931
Net Interest Income-6,931
 
Pretax Income (+$)
Operating Income-528
Net Interest Income-6,931
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-13,95312,897
EBIT - interestExpense = -7,459
-13,953
-13,516
Interest Expense6,931
Earnings Before Interest and Taxes (EBIT)-528-7,022
Earnings Before Interest and Taxes (EBITDA)-528
 
After tax Income (+$)
Income Before Tax-13,953
Tax Provision-0
Net Income From Continuing Ops-13,953-13,953
Net Income-20,447
Net Income Applicable To Common Shares-13,953
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses16,493
Total Other Income/Expenses Net-13,4256,931
 

Technical Analysis of Visagar Polytex Limited
The psychology behind the price

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

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Visagar Polytex Limited. The general trend of Visagar Polytex Limited is BEARISH with 14.3% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Visagar Polytex Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

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

Indicator zone transitionsBullish trend (-14.3%) Bearish trend (14.3%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

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

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


Score

Let's take a look at the Support & Resistance of Visagar Polytex 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: 1.1 < 1.1 < 1.25.

The bearish price targets are: 1.05 > 1.05 > 1.05.

Tweet this
Visagar Polytex 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 Visagar Polytex Limited. The current mas is .

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

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

Directionalities and relatives.

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

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

Visagar Polytex 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 Visagar Polytex Limited. The current macd is -0.07390607.

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

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Visagar Polytex Limited price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Visagar Polytex Limited. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Visagar Polytex Limited price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Visagar Polytex Limited Daily Moving Average Convergence/Divergence (MACD) ChartVisagar Polytex 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 Visagar Polytex Limited. The current adx is 32.05.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -4/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Visagar Polytex Limited shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bearish trend. The ADX is trending up, so the bearish trend is strengthening.
Visagar Polytex 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 Visagar Polytex Limited. The current sar is 1.15.

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
Visagar Polytex 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 Visagar Polytex Limited. The current rsi is 27.50. The current phase is Oversold in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 1/(-13 +13).

  • Oversold in bear market: Short-term excessive selling, potential for relief rally. Be cautious, consider taking short-term long positions. +1
Visagar Polytex Limited Daily Relative Strength Index (RSI) ChartVisagar Polytex 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 Visagar Polytex Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-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 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 Visagar Polytex Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Visagar Polytex Limited Daily Stochastic Oscillator ChartVisagar Polytex 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 Visagar Polytex Limited. The current cci is -157.99086758.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Visagar Polytex Limited Daily Commodity Channel Index (CCI) ChartVisagar Polytex 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 Visagar Polytex Limited. The current cmo is -53.99991008.

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
Visagar Polytex Limited Daily Chande Momentum Oscillator (CMO) ChartVisagar Polytex 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 Visagar Polytex Limited. The current willr is -83.33333333.

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
Visagar Polytex Limited Daily Williams %R ChartVisagar Polytex 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 Visagar Polytex Limited.

Visagar Polytex 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 Visagar Polytex Limited. The current atr is 0.05413394.

Visagar Polytex Limited Daily Average True Range (ATR) ChartVisagar Polytex 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 Visagar Polytex Limited. The current obv is 19,919,854.

Visagar Polytex Limited Daily On-Balance Volume (OBV) ChartVisagar Polytex 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 Visagar Polytex Limited. The current mfi is 28.89.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Visagar Polytex Limited Daily Money Flow Index (MFI) ChartVisagar Polytex Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Visagar Polytex 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
2023-11-10WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-12STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO 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
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-12ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-02WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-08WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-20STOCH 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
2024-02-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-05ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-11ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18STOCH 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.
2024-03-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Visagar Polytex Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5027.503
Ma 20Greater thanMa 501.173
Ma 50Greater thanMa 1001.351
Ma 100Greater thanMa 2001.224
OpenGreater thanClose1.050
Total2/5 (40.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Visagar Polytex Limited with someone you think should read this too:
  • Are you bullish or bearish on Visagar Polytex Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Visagar Polytex Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Visagar Polytex Limited

I send you an email if I find something interesting about Visagar Polytex Limited.


Comments

How you think about this?

Leave a comment

Stay informed about Visagar Polytex Limited.

Receive notifications about Visagar Polytex Limited in your mailbox!