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Voltas Limited
Buy, Hold or Sell?

Let's analyse Voltas together

PenkeI guess you are interested in Voltas 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 Voltas 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 Voltas (30 sec.)










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

How much money do you get?

How much money do you get?
INR0.27
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR166.03
Expected worth in 1 year
INR160.72
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR16.79
Return On Investment
1.5%

For what price can you sell your share?

Current Price per Share
INR1,103.55
Expected price per share
INR936.00 - INR1,299
How sure are you?
50%

1. Valuation of Voltas (5 min.)




Live pricePrice per Share (EOD)

INR1,103.55

Intrinsic Value Per Share

INR-100.79 - INR80.60

Total Value Per Share

INR65.24 - INR246.63

2. Growth of Voltas (5 min.)




Is Voltas growing?

Current yearPrevious yearGrowGrow %
How rich?$659.2m$664.5m-$5.2m-0.8%

How much money is Voltas making?

Current yearPrevious yearGrowGrow %
Making money$16.2m$60.4m-$44.2m-273.4%
Net Profit Margin1.4%6.4%--

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

3. Financial Health of Voltas (5 min.)




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




  Industry Rankings (Specialty Industrial Machinery)  


Richest
#170 / 738

Most Revenue
#79 / 738

Most Profit
#190 / 738

Most Efficient
#506 / 738

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

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

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

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

Speculation

The Price per Share of Voltas is INR1,104. 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 Voltas.
  • 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 Voltas, 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 INR166.03. Based on the TTM, the Book Value Change Per Share is INR-1.33 per quarter. Based on the YOY, the Book Value Change Per Share is INR15.36 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 INR5.53 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Voltas.

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 Eps0.050.0%0.050.0%0.180.0%0.160.0%0.160.0%
Usd Book Value Change Per Share-0.020.0%-0.020.0%0.180.0%0.110.0%0.140.0%
Usd Dividend Per Share0.070.0%0.070.0%0.060.0%0.060.0%0.040.0%
Usd Total Gains Per Share0.050.0%0.050.0%0.250.0%0.170.0%0.180.0%
Usd Price Per Share9.80-9.80-14.95-9.99-7.10-
Price to Earnings Ratio200.12-200.12-81.79-83.23-54.80-
Price-to-Total Gains Ratio194.48-194.48-61.01-79.61-51.18-
Price to Book Ratio4.92-4.92-7.45-5.52-4.80-
Price-to-Total Gains Ratio194.48-194.48-61.01-79.61-51.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share13.2426
Number of shares75
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.070.06
Usd Book Value Change Per Share-0.020.11
Usd Total Gains Per Share0.050.17
Gains per Quarter (75 shares)3.7812.86
Gains per Year (75 shares)15.1251.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
120-55183441
240-1020356892
360-143553102143
480-195070136194
599-246588169245
6119-2980105203296
7139-3395123237347
8159-38110140271398
9179-43125158305449
10199-48140176339500

How sure are you?

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

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%19.01.00.095.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%

Fundamentals of Voltas

About Voltas Limited

Voltas Limited operates as an air conditioning and engineering company primarily in India, the Middle East, Singapore, and internationally. It operates through three segments: Unitary Cooling Products for Comfort and Commercial Use; Electro-Mechanical Projects and Services; and Engineering Products and Services. The company manufactures, sells, and services cooling appliances and cold storage products, such as air conditioners, air coolers, freezers, visi coolers, water dispensers, variable refrigerant flow, and chillers. It also undertakes electro-mechanical projects, including electrical; heating, ventilation, and air conditioning projects; and plumbing, firefighting, extra low voltage, and specialized activities. In addition, the company provides facilities maintenance and hard services, such as operations and maintenance contracts in various sectors, AMCs, retrofits and energy management, etc. Further, it engages in the provision of water treatment solutions for industrial, oil and gas, and sewage segments; sale and service of capital machinery for textile industry; sale of spares and accessories for textile equipment; and sale of mining and construction equipment. Additionally, the company offers operations and maintenance services for mining and construction industry; manufactures ducts and duct accessories; and undertakes engineering, procurement, and construction projects. It also engages in the drilling, irrigation, and landscaping activities; and construction of water treatment plants. Voltas Limited was incorporated in 1954 and is headquartered in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-13 17:24:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just 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 fair priced.
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 Voltas Limited.

1.1. Profitability
1.1.1. Net Profit Margin

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

  • Above 10% is considered healthy but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • A Net Profit Margin of 1.4% means that ₹0.01 for each ₹1 in revenue is generated as profit.

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

  • The MRQ is 1.4%. The company is making a profit. +1
  • The TTM is 1.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ1.4%TTM1.4%0.0%
TTM1.4%YOY6.4%-5.0%
TTM1.4%5Y5.8%-4.4%
5Y5.8%10Y6.5%-0.7%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4%5.5%-4.1%
TTM1.4%5.2%-3.8%
YOY6.4%5.1%+1.3%
5Y5.8%4.5%+1.3%
10Y6.5%4.7%+1.8%
1.1.2. Return on Assets

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

  • Above 5% is considered healthy but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • 1.3% Return on Assets means that Voltas generated ₹0.01 profit for each $1 in assets.

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

  • The MRQ is 1.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.3%TTM1.3%0.0%
TTM1.3%YOY5.2%-3.9%
TTM1.3%5Y5.2%-3.8%
5Y5.2%10Y6.1%-1.0%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3%1.1%+0.2%
TTM1.3%1.0%+0.3%
YOY5.2%1.1%+4.1%
5Y5.2%1.0%+4.2%
10Y6.1%1.1%+5.0%
1.1.3. Return on Equity

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

  • Above 15%-20% is considered healthy but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • 2.5% Return on Equity means Voltas generated ₹0.02 for each ₹1 the owners (shareholders) invested.

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

  • The MRQ is 2.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY9.2%-6.7%
TTM2.5%5Y9.4%-6.9%
5Y9.4%10Y12.5%-3.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%2.3%+0.2%
TTM2.5%2.1%+0.4%
YOY9.2%2.2%+7.0%
5Y9.4%2.0%+7.4%
10Y12.5%2.2%+10.3%

1.2. Operating Efficiency of Voltas Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Voltas is operating .

  • Measures how much profit Voltas 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 Voltas to the Specialty Industrial Machinery industry mean.
  • An Operating Margin of 6.2% means the company generated ₹0.06  for each ₹1 in revenue (before taxes).

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

  • The MRQ is 6.2%. The company is operating less efficient.
  • The TTM is 6.2%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ6.2%TTM6.2%0.0%
TTM6.2%YOY8.2%-2.0%
TTM6.2%5Y8.2%-2.0%
5Y8.2%10Y9.3%-1.1%
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ6.2%7.9%-1.7%
TTM6.2%4.7%+1.5%
YOY8.2%6.2%+2.0%
5Y8.2%6.2%+2.0%
10Y9.3%5.0%+4.3%
1.2.2. Operating Ratio

Measures how efficient Voltas is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Specialty Industrial Machinery industry mean).
  • An Operation Ratio of 0.94 means that the operating costs are ₹0.94 for each ₹1 in net sales.

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

  • The MRQ is 0.943. The company is less efficient in keeping operating costs low.
  • The TTM is 0.943. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.943TTM0.9430.000
TTM0.943YOY0.918+0.026
TTM0.9435Y0.921+0.022
5Y0.92110Y0.9220.000
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9431.536-0.593
TTM0.9431.554-0.611
YOY0.9181.550-0.632
5Y0.9211.525-0.604
10Y0.9221.248-0.326

1.3. Liquidity of Voltas Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Voltas 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 1.40 means the company has ₹1.40 in assets for each ₹1 in short-term debts.

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

  • The MRQ is 1.395. The company is just able to pay all its short-term debts.
  • The TTM is 1.395. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.395TTM1.3950.000
TTM1.395YOY1.450-0.054
TTM1.3955Y1.508-0.112
5Y1.50810Y1.448+0.060
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3951.679-0.284
TTM1.3951.688-0.293
YOY1.4501.649-0.199
5Y1.5081.740-0.232
10Y1.4481.534-0.086
1.3.2. Quick Ratio

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

  • Above 1 is considered healthy but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • A Quick Ratio of 1.13 means the company can pay off ₹1.13 for each ₹1 in debt (using most liquid assets).

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

  • The MRQ is 1.129. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.129. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.129TTM1.1290.000
TTM1.129YOY1.158-0.029
TTM1.1295Y1.299-0.170
5Y1.29910Y1.219+0.080
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1290.724+0.405
TTM1.1290.749+0.380
YOY1.1580.814+0.344
5Y1.2990.858+0.441
10Y1.2190.860+0.359

1.4. Solvency of Voltas Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

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

  • Below 1 (100%) is considered healthy but always compare Voltas to Specialty Industrial Machinery industry mean.
  • A Debt to Asset Ratio of 0.47 means that Voltas assets are financed with 46.6% credit (debt) and the remaining percentage (100% - 46.6%) is financed by its owners/shareholders. 

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

  • The MRQ is 0.466. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.466. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.466TTM0.4660.000
TTM0.466YOY0.432+0.034
TTM0.4665Y0.447+0.018
5Y0.44710Y0.493-0.046
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4660.499-0.033
TTM0.4660.503-0.037
YOY0.4320.504-0.072
5Y0.4470.497-0.050
10Y0.4930.491+0.002
1.4.2. Debt to Equity Ratio

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

  • Below 2 is considered healthy but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • A Debt to Equity ratio of 87.8% means that company has ₹0.88 debt for each ₹1 in shareholders equity.

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

  • The MRQ is 0.878. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.878. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.878TTM0.8780.000
TTM0.878YOY0.765+0.112
TTM0.8785Y0.818+0.060
5Y0.81810Y1.015-0.197
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8780.997-0.119
TTM0.8781.016-0.138
YOY0.7651.016-0.251
5Y0.8181.052-0.234
10Y1.0151.033-0.018

2. Market Valuation of Voltas 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 Voltas generates.

  • Above 15 is considered overpriced but always compare Voltas to the Specialty Industrial Machinery industry mean.
  • A PE ratio of 200.12 means the investor is paying ₹200.12 for every ₹1 in earnings.

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

  • The EOD is 270.460. Based on the earnings, the company is expensive. -2
  • The MRQ is 200.122. Based on the earnings, the company is expensive. -2
  • The TTM is 200.122. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD270.460MRQ200.122+70.338
MRQ200.122TTM200.1220.000
TTM200.122YOY81.788+118.334
TTM200.1225Y83.227+116.894
5Y83.22710Y54.800+28.427
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD270.46019.375+251.085
MRQ200.12218.592+181.530
TTM200.12219.380+180.742
YOY81.78818.029+63.759
5Y83.22721.975+61.252
10Y54.80028.443+26.357
2.2. Price To Free Cash Flow Ratio

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

  • The EOD is -1,776.877. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1,314.765. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -1,314.765. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1,776.877MRQ-1,314.765-462.112
MRQ-1,314.765TTM-1,314.7650.000
TTM-1,314.765YOY76.908-1,391.673
TTM-1,314.7655Y-237.055-1,077.709
5Y-237.05510Y-98.623-138.432
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD-1,776.8775.634-1,782.511
MRQ-1,314.7655.073-1,319.838
TTM-1,314.7652.621-1,317.386
YOY76.908-0.130+77.038
5Y-237.0550.550-237.605
10Y-98.6231.971-100.594
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Voltas 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 4.92 means the investor is paying ₹4.92 for each ₹1 in book value.

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

  • The EOD is 6.647. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.918. Based on the equity, the company is fair priced.
  • The TTM is 4.918. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD6.647MRQ4.918+1.729
MRQ4.918TTM4.9180.000
TTM4.918YOY7.445-2.527
TTM4.9185Y5.517-0.599
5Y5.51710Y4.798+0.719
Compared to industry (Specialty Industrial Machinery)
PeriodCompanyIndustry (mean)+/- 
EOD6.6472.090+4.557
MRQ4.9182.124+2.794
TTM4.9182.181+2.737
YOY7.4452.351+5.094
5Y5.5172.377+3.140
10Y4.7982.932+1.866
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Voltas 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---1.327-1.3270%15.359-109%9.410-114%11.654-111%
Book Value Per Share--166.031166.0310%167.358-1%148.222+12%115.347+44%
Current Ratio--1.3951.3950%1.450-4%1.508-7%1.448-4%
Debt To Asset Ratio--0.4660.4660%0.432+8%0.447+4%0.493-6%
Debt To Equity Ratio--0.8780.8780%0.765+15%0.818+7%1.015-14%
Dividend Per Share--5.5265.5260%5.066+9%4.875+13%3.718+49%
Eps--4.0804.0800%15.235-73%13.233-69%12.983-69%
Free Cash Flow Per Share---0.621-0.6210%16.201-104%6.163-110%7.504-108%
Free Cash Flow To Equity Per Share--1.0431.0430%12.966-92%3.229-68%4.010-74%
Gross Profit Margin---0.464-0.4640%0.661-170%0.471-199%0.577-180%
Intrinsic Value_10Y_max--80.602--------
Intrinsic Value_10Y_min---100.793--------
Intrinsic Value_1Y_max--10.068--------
Intrinsic Value_1Y_min--2.084--------
Intrinsic Value_3Y_max--28.732--------
Intrinsic Value_3Y_min---4.255--------
Intrinsic Value_5Y_max--45.567--------
Intrinsic Value_5Y_min---22.070--------
Market Cap365148132921.600+26%270184140217.600270184140217.6000%412282700032.000-34%275580874437.120-2%195773399676.672+38%
Net Profit Margin--0.0140.0140%0.064-78%0.058-75%0.065-78%
Operating Margin--0.0620.0620%0.082-25%0.082-25%0.093-34%
Operating Ratio--0.9430.9430%0.918+3%0.921+2%0.922+2%
Pb Ratio6.647+26%4.9184.9180%7.445-34%5.517-11%4.798+3%
Pe Ratio270.460+26%200.122200.1220%81.788+145%83.227+140%54.800+265%
Price Per Share1103.550+26%816.550816.5500%1246.000-34%832.860-2%591.666+38%
Price To Free Cash Flow Ratio-1776.877-35%-1314.765-1314.7650%76.908-1810%-237.055-82%-98.623-92%
Price To Total Gains Ratio262.829+26%194.475194.4750%61.007+219%79.614+144%51.184+280%
Quick Ratio--1.1291.1290%1.158-2%1.299-13%1.219-7%
Return On Assets--0.0130.0130%0.052-75%0.052-75%0.061-79%
Return On Equity--0.0250.0250%0.092-73%0.094-74%0.125-80%
Total Gains Per Share--4.1994.1990%20.424-79%14.285-71%15.372-73%
Usd Book Value--659246400.000659246400.0000%664516800.000-1%588534000.000+12%457999744.800+44%
Usd Book Value Change Per Share---0.016-0.0160%0.184-109%0.113-114%0.140-111%
Usd Book Value Per Share--1.9921.9920%2.008-1%1.779+12%1.384+44%
Usd Dividend Per Share--0.0660.0660%0.061+9%0.059+13%0.045+49%
Usd Eps--0.0490.0490%0.183-73%0.159-69%0.156-69%
Usd Free Cash Flow---2466000.000-2466000.0000%64328400.000-104%24469680.000-110%29796687.600-108%
Usd Free Cash Flow Per Share---0.007-0.0070%0.194-104%0.074-110%0.090-108%
Usd Free Cash Flow To Equity Per Share--0.0130.0130%0.156-92%0.039-68%0.048-74%
Usd Market Cap4381777595.059+26%3242209682.6113242209682.6110%4947392400.384-34%3306970493.245-2%2349280796.120+38%
Usd Price Per Share13.243+26%9.7999.7990%14.952-34%9.994-2%7.100+38%
Usd Profit--16201200.00016201200.0000%60490800.000-73%52766400.000-69%51543339.600-69%
Usd Revenue--1127924400.0001127924400.0000%940928400.000+20%945809520.000+19%815470338.000+38%
Usd Total Gains Per Share--0.0500.0500%0.245-79%0.171-71%0.184-73%
 EOD+5 -3MRQTTM+0 -0YOY+7 -295Y+10 -2610Y+13 -23

3.2. Fundamental Score

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

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15270.460
Price to Book Ratio (EOD)Between0-16.647
Net Profit Margin (MRQ)Greater than00.014
Operating Margin (MRQ)Greater than00.062
Quick Ratio (MRQ)Greater than11.129
Current Ratio (MRQ)Greater than11.395
Debt to Asset Ratio (MRQ)Less than10.466
Debt to Equity Ratio (MRQ)Less than10.878
Return on Equity (MRQ)Greater than0.150.025
Return on Assets (MRQ)Greater than0.050.013
Total6/10 (60.0%)

3.3. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.636
Ma 20Greater thanMa 501,077.333
Ma 50Greater thanMa 1001,069.159
Ma 100Greater thanMa 200985.852
OpenGreater thanClose1,099.000
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 Other Income Expense Net 777,800-263,400514,40020,300534,700-260,000274,700-2,795,800-2,521,100



Latest Balance Sheet

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

Summary
Total Assets102,790,100
Total Liabilities47,852,900
Total Stockholder Equity54,520,700
 As reported
Total Liabilities 47,852,900
Total Stockholder Equity+ 54,520,700
Total Assets = 102,790,100

Assets

Total Assets102,790,100
Total Current Assets64,464,900
Long-term Assets38,325,200
Total Current Assets
Cash And Cash Equivalents 6,927,200
Short-term Investments 6,757,100
Net Receivables 31,704,000
Inventory 15,919,700
Other Current Assets 3,156,900
Total Current Assets  (as reported)64,464,900
Total Current Assets  (calculated)64,464,900
+/-0
Long-term Assets
Property Plant Equipment 4,950,100
Goodwill 723,100
Intangible Assets 61,900
Long-term Assets Other 1,663,100
Long-term Assets  (as reported)38,325,200
Long-term Assets  (calculated)7,398,200
+/- 30,927,000

Liabilities & Shareholders' Equity

Total Current Liabilities46,195,400
Long-term Liabilities1,657,500
Total Stockholder Equity54,520,700
Total Current Liabilities
Short-term Debt 6,040,400
Short Long Term Debt 5,948,200
Accounts payable 30,126,300
Other Current Liabilities 1,699,900
Total Current Liabilities  (as reported)46,195,400
Total Current Liabilities  (calculated)43,814,800
+/- 2,380,600
Long-term Liabilities
Long term Debt Total 465,400
Long term Debt 211,500
Capital Lease Obligations 346,100
Long-term Liabilities Other 41,700
Long-term Liabilities  (as reported)1,657,500
Long-term Liabilities  (calculated)1,064,700
+/- 592,800
Total Stockholder Equity
Common Stock330,800
Retained Earnings 31,502,500
Accumulated Other Comprehensive Income 22,639,700
Capital Surplus 47,700
Total Stockholder Equity (as reported)54,520,700
Total Stockholder Equity (calculated)54,520,700
+/-0
Other
Capital Stock330,800
Cash And Equivalents2,390,100
Cash and Short Term Investments 13,684,300
Common Stock Shares Outstanding 330,885
Current Deferred Revenue8,328,800
Liabilities and Stockholders Equity 102,790,100
Net Debt -421,400
Net Invested Capital 60,680,400
Net Working Capital 18,269,500
Property Plant and Equipment Gross 4,950,100
Short Long Term Debt Total 6,505,800



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
10,040,025
11,200,475
12,781,831
16,876,146
21,566,991
32,500,244
33,836,635
41,466,055
41,585,572
45,666,330
47,455,715
48,882,469
55,987,747
64,795,602
73,096,500
75,219,800
81,560,600
86,554,800
97,463,300
102,790,100
102,790,10097,463,30086,554,80081,560,60075,219,80073,096,50064,795,60255,987,74748,882,46947,455,71545,666,33041,585,57241,466,05533,836,63532,500,24421,566,99116,876,14612,781,83111,200,47510,040,025
   > Total Current Assets 
7,819,492
9,418,777
10,165,384
13,481,868
16,630,359
27,488,661
28,267,401
35,309,504
35,142,697
39,188,295
40,145,745
37,367,921
41,179,088
39,895,549
45,975,400
56,471,700
55,784,300
51,894,100
58,792,200
64,464,900
64,464,90058,792,20051,894,10055,784,30056,471,70045,975,40039,895,54941,179,08837,367,92140,145,74539,188,29535,142,69735,309,50428,267,40127,488,66116,630,35913,481,86810,165,3849,418,7777,819,492
       Cash And Cash Equivalents 
1,037,160
1,618,337
1,297,574
1,676,661
3,001,809
4,570,542
4,689,085
4,979,921
2,710,487
3,413,232
2,741,503
2,434,327
1,877,585
3,130,497
2,579,300
3,109,900
2,695,600
4,481,500
5,589,000
6,927,200
6,927,2005,589,0004,481,5002,695,6003,109,9002,579,3003,130,4971,877,5852,434,3272,741,5033,413,2322,710,4874,979,9214,689,0854,570,5423,001,8091,676,6611,297,5741,618,3371,037,160
       Short-term Investments 
0
0
0
0
0
0
0
0
2,233,409
3,265,558
6,003,590
4,751,838
6,760,778
2,457,989
5,651,700
12,880,200
6,017,100
2,898,300
4,886,400
6,757,100
6,757,1004,886,4002,898,3006,017,10012,880,2005,651,7002,457,9896,760,7784,751,8386,003,5903,265,5582,233,40900000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
20,453,530
20,213,971
13,672,228
22,843,100
26,469,500
29,171,300
31,988,400
31,460,700
31,588,900
31,704,000
31,704,00031,588,90031,460,70031,988,40029,171,30026,469,50022,843,10013,672,22820,213,97120,453,5300000000000
       Inventory 
1,730,302
2,616,552
3,169,965
5,122,925
6,398,461
11,193,878
11,440,900
8,224,156
8,333,988
9,784,034
9,009,840
8,670,641
8,927,470
9,070,308
8,129,900
10,906,600
14,689,400
12,796,000
16,613,900
15,919,700
15,919,70016,613,90012,796,00014,689,40010,906,6008,129,9009,070,3088,927,4708,670,6419,009,8409,784,0348,333,9888,224,15611,440,90011,193,8786,398,4615,122,9253,169,9652,616,5521,730,302
       Other Current Assets 
5,052,030
5,183,888
5,697,845
6,682,282
7,230,089
11,724,241
12,137,416
22,105,427
21,864,813
22,725,471
22,390,812
21,511,115
23,613,255
25,236,755
29,614,500
403,700
393,800
257,600
114,000
3,156,900
3,156,900114,000257,600393,800403,70029,614,50025,236,75523,613,25521,511,11522,390,81222,725,47121,864,81322,105,42712,137,41611,724,2417,230,0896,682,2825,697,8455,183,8885,052,030
   > Long-term Assets 
2,220,533
1,781,698
2,616,447
3,394,278
4,936,632
5,011,583
5,569,234
6,156,551
6,442,875
6,478,035
7,309,970
11,514,548
14,808,659
24,900,053
27,121,100
18,748,100
25,776,300
34,660,700
38,671,100
38,325,200
38,325,20038,671,10034,660,70025,776,30018,748,10027,121,10024,900,05314,808,65911,514,5487,309,9706,478,0356,442,8756,156,5515,569,2345,011,5834,936,6323,394,2782,616,4471,781,6982,220,533
       Property Plant Equipment 
1,450,988
1,052,171
1,521,694
1,537,855
1,847,035
2,207,585
2,183,144
2,457,752
1,936,770
2,267,271
2,252,720
2,103,181
2,424,822
2,189,642
2,192,800
2,774,600
3,248,800
3,160,200
3,634,900
4,950,100
4,950,1003,634,9003,160,2003,248,8002,774,6002,192,8002,189,6422,424,8222,103,1812,252,7202,267,2711,936,7702,457,7522,183,1442,207,5851,847,0351,537,8551,521,6941,052,1711,450,988
       Goodwill 
0
30,458
30,458
0
0
675,357
763,862
915,719
889,544
888,404
798,478
797,803
723,105
723,105
723,100
723,100
723,100
723,100
723,100
723,100
723,100723,100723,100723,100723,100723,100723,105723,105797,803798,478888,404889,544915,719763,862675,3570030,45830,4580
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
1,150,043
6,002,072
12,968,558
20,775,500
22,875,000
12,098,100
0
0
0
0
000012,098,10022,875,00020,775,50012,968,5586,002,0721,150,0430000000000
       Intangible Assets 
40,806
29,964
82,726
63,104
51,409
72,484
78,896
0
113,265
85,254
93,854
98,534
88,511
91,746
96,400
89,300
94,800
84,600
71,700
61,900
61,90071,70084,60094,80089,30096,40091,74688,51198,53493,85485,254113,265078,89672,48451,40963,10482,72629,96440,806
       Long-term Assets Other 
333,214
305,580
461,469
1,247,943
2,585,276
1,562,469
2,339,437
2,613,444
4,592,562
5,607,518
8,759,724
6,897,443
9,504,304
3,273,061
6,696,200
14,884,300
2,038,600
1,367,800
1,270,200
1,663,100
1,663,1001,270,2001,367,8002,038,60014,884,3006,696,2003,273,0619,504,3046,897,4438,759,7245,607,5184,592,5622,613,4442,339,4371,562,4692,585,2761,247,943461,469305,580333,214
> Total Liabilities 
7,889,424
9,002,653
10,065,547
12,634,374
15,789,279
24,443,704
22,846,315
27,630,999
26,637,082
29,292,024
29,124,326
27,701,224
31,777,311
31,444,218
33,727,000
33,772,400
38,393,600
36,260,300
42,086,900
47,852,900
47,852,90042,086,90036,260,30038,393,60033,772,40033,727,00031,444,21831,777,31127,701,22429,124,32629,292,02426,637,08227,630,99922,846,31524,443,70415,789,27912,634,37410,065,5479,002,6537,889,424
   > Total Current Liabilities 
6,567,051
7,585,947
8,901,013
11,252,161
14,788,269
22,359,620
22,493,090
26,232,171
25,478,853
28,031,116
27,849,782
26,354,904
30,217,208
30,420,740
32,711,700
32,852,900
37,317,600
35,040,900
40,559,100
46,195,400
46,195,40040,559,10035,040,90037,317,60032,852,90032,711,70030,420,74030,217,20826,354,90427,849,78228,031,11625,478,85326,232,17122,493,09022,359,62014,788,26911,252,1618,901,0137,585,9476,567,051
       Short-term Debt 
0
0
0
0
0
0
0
0
2,158,117
2,564,377
2,586,938
1,173,665
2,603,259
1,709,419
1,422,900
3,146,500
2,124,400
2,549,500
3,481,500
6,040,400
6,040,4003,481,5002,549,5002,124,4003,146,5001,422,9001,709,4192,603,2591,173,6652,586,9382,564,3772,158,11700000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
2,640,671
3,900
335,758
1,709,419
1,422,900
3,146,500
2,089,600
2,549,500
3,431,900
5,948,200
5,948,2003,431,9002,549,5002,089,6003,146,5001,422,9001,709,419335,7583,9002,640,6710000000000
       Accounts payable 
4,112,990
4,336,618
4,684,247
5,453,469
6,397,247
11,753,692
11,141,558
13,383,375
14,729,904
17,049,424
16,267,430
15,414,493
17,451,331
19,945,681
21,764,100
23,744,900
26,888,900
24,645,300
29,420,500
30,126,300
30,126,30029,420,50024,645,30026,888,90023,744,90021,764,10019,945,68117,451,33115,414,49316,267,43017,049,42414,729,90413,383,37511,141,55811,753,6926,397,2475,453,4694,684,2474,336,6184,112,990
       Other Current Liabilities 
2,454,061
3,249,329
4,216,766
5,798,692
8,391,022
10,605,928
11,351,532
12,848,796
8,590,832
8,417,315
8,995,414
9,766,746
10,162,618
8,290,596
9,429,400
5,843,900
421,500
730,400
888,400
1,699,900
1,699,900888,400730,400421,5005,843,9009,429,4008,290,59610,162,6189,766,7468,995,4148,417,3158,590,83212,848,79611,351,53210,605,9288,391,0225,798,6924,216,7663,249,3292,454,061
   > Long-term Liabilities 
1,322,373
1,416,706
1,164,534
1,382,213
1,001,010
2,084,084
353,225
1,398,828
1,158,229
1,260,908
1,274,544
1,346,320
1,560,103
1,023,478
1,015,300
919,500
1,076,000
1,219,400
1,527,800
1,657,500
1,657,5001,527,8001,219,4001,076,000919,5001,015,3001,023,4781,560,1031,346,3201,274,5441,260,9081,158,2291,398,828353,2252,084,0841,001,0101,382,2131,164,5341,416,7061,322,373
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
54,100
250,700
275,700
465,400
465,400275,700250,70054,1000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
1,220,811
1,299,365
917,105
1,023,500
1,015,300
919,500
1,201,400
1,162,800
1,401,000
0
01,401,0001,162,8001,201,400919,5001,015,3001,023,500917,1051,299,3651,220,8110000000000
> Total Stockholder Equity
2,147,966
2,195,405
2,713,646
4,237,399
5,772,232
7,897,496
10,851,686
13,617,173
14,778,432
16,256,220
18,193,211
21,020,734
23,952,125
33,066,142
39,052,100
41,099,900
42,802,100
49,933,500
54,995,600
54,520,700
54,520,70054,995,60049,933,50042,802,10041,099,90039,052,10033,066,14223,952,12521,020,73418,193,21116,256,22014,778,43213,617,17310,851,6867,897,4965,772,2324,237,3992,713,6462,195,4052,147,966
   Common Stock
2,147,966
2,195,405
2,713,646
4,237,399
5,772,232
7,897,496
10,851,686
13,617,173
330,744
330,746
330,748
330,748
330,752
330,753
330,800
330,800
330,800
330,800
330,800
330,800
330,800330,800330,800330,800330,800330,800330,753330,752330,748330,748330,746330,74413,617,17310,851,6867,897,4965,772,2324,237,3992,713,6462,195,4052,147,966
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 
-1,269,198
-1,688,792
-1,486,226
-1,229,205
-1,288,775
-1,631,392
-1,582,268
-1,987,289
-1,883,288
-2,089,404
-2,171,081
-2,302,430
-2,505,750
-2,400,001
-2,485,700
-2,502,200
-2,601,700
20,976,000
23,010,600
22,639,700
22,639,70023,010,60020,976,000-2,601,700-2,502,200-2,485,700-2,400,001-2,505,750-2,302,430-2,171,081-2,089,404-1,883,288-1,987,289-1,582,268-1,631,392-1,288,775-1,229,205-1,486,226-1,688,792-1,269,198
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
62,747
62,752
62,700
62,700
62,800
47,700
47,700
47,700
47,70047,70047,70062,80062,70062,70062,75262,747000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
1,269,198
1,688,792
1,486,226
1,229,205
1,288,775
1,631,392
1,582,268
1,987,289
14,073,969
14,483,859
14,948,117
15,444,412
16,074,941
19,695,919
21,953,200
21,979,600
-39,150,500
47,700
47,700
47,700
47,70047,70047,700-39,150,50021,979,60021,953,20019,695,91916,074,94115,444,41214,948,11714,483,85914,073,9691,987,2891,582,2681,631,3921,288,7751,229,2051,486,2261,688,7921,269,198



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 (+$)
totalRevenue93,993,700
Cost of Revenue-73,781,800
Gross Profit20,211,90020,211,900
 
Operating Income (+$)
Gross Profit20,211,900
Operating Expense-14,884,400
Operating Income5,592,5005,327,500
 
Operating Expense (+$)
Research Development161,700
Selling General Administrative594,400
Selling And Marketing Expenses1,976,800
Operating Expense14,884,4002,732,900
 
Net Interest Income (+$)
Interest Income563,300
Interest Expense-295,900
Other Finance Cost-563,300
Net Interest Income-295,900
 
Pretax Income (+$)
Operating Income5,592,500
Net Interest Income-295,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)3,071,4008,113,600
EBIT - interestExpense = 5,509,600
3,059,300
1,646,000
Interest Expense295,900
Earnings Before Interest and Taxes (EBIT)5,805,5003,367,300
Earnings Before Interest and Taxes (EBITDA)6,201,700
 
After tax Income (+$)
Income Before Tax3,071,400
Tax Provision-1,709,200
Net Income From Continuing Ops1,362,2001,362,200
Net Income1,350,100
Net Income Applicable To Common Shares1,350,100
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses88,666,200
Total Other Income/Expenses Net-2,521,100295,900
 

Technical Analysis of Voltas
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 Voltas. The general trend of Voltas is BULLISH with 100.0% 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 Voltas'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 (100.0%) Bearish trend (-100.0%)
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 Voltas Limited.

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

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,140 < 1,223 < 1,299.

The bearish price targets are: 1,024 > 990.10 > 936.00.

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Voltas 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 Voltas Limited. The current mas is .

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

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is 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

Voltas 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 Voltas Limited. The current macd is 4.30521859.

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

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Voltas price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Voltas. 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 Voltas 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 up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Voltas Limited Daily Moving Average Convergence/Divergence (MACD) ChartVoltas 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 Voltas Limited. The current adx is 17.44.

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

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Voltas shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Voltas 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 Voltas Limited. The current sar is 1,032.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Voltas 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 Voltas Limited. The current rsi is 56.64. The current phase is Continuation in bull market.

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

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Voltas Limited Daily Relative Strength Index (RSI) ChartVoltas 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 Voltas Limited. The current phase is Overbought in bull market.

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

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Voltas price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Voltas Limited Daily Stochastic Oscillator ChartVoltas 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 Voltas Limited. The current cci is 85.28.

Voltas Limited Daily Commodity Channel Index (CCI) ChartVoltas 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 Voltas Limited. The current cmo is 18.66.

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

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Voltas Limited Daily Chande Momentum Oscillator (CMO) ChartVoltas 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 Voltas Limited. The current willr is -13.52525801.

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

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

Voltas 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 Voltas Limited. The current atr is 34.93.

Voltas Limited Daily Average True Range (ATR) ChartVoltas 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 Voltas Limited. The current obv is 32,529,795.

Voltas Limited Daily On-Balance Volume (OBV) ChartVoltas 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 Voltas Limited. The current mfi is 61.86.

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

  • MFI > 50: +1
Voltas Limited Daily Money Flow Index (MFI) ChartVoltas Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

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

6.3. Candlestick Patterns

Voltas Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

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

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5056.636
Ma 20Greater thanMa 501,077.333
Ma 50Greater thanMa 1001,069.159
Ma 100Greater thanMa 200985.852
OpenGreater thanClose1,099.000
Total4/5 (80.0%)
Penke

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