Suryansh Agarwal

What are Chart Patterns

Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves.

When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. There are many patterns used by traders.

Hammer

At the end of a downtrend, the single candlestick pattern known as a hammer is formed, which denotes a bullish turn.

This candle’s genuine body, which is little and near the top, has a lower shadow that ought to be twice as large. There is minimal to no top shadow in this candlestick chart pattern.

The psychological explanation for this candle formation is that as soon as prices opened, sellers pushed them lower.

As soon as buyers entered the market, prices shot up and the trading session ended with prices higher than they had started.

Example:

Inverted Hammer

At the bottom of the downtrend, an Inverted Hammer forms, signaling a bullish reversal.

The actual body of this candlestick is at the very end, and its upper shadow is quite long. The Hammer Candlestick pattern is the opposite of this motif.

When the starting and closing prices are close to one another and the upper shadow is greater than double the true body, this pattern is generated.

Example:

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What are Chart Patterns?

Stock chart patterns often signal transitions between rising and falling trends. A price pattern is a recognizable configuration of price movement identified using a series of trendlines and/or curves.

When a price pattern signals a change in trend direction, it is known as a reversal pattern; a continuation pattern occurs when the trend continues in its existing direction following a brief pause. There are many patterns used by traders.

Bullish Engulfing

After a decline, the multiple candlestick chart pattern known as “Bullish Engulfing” forms, signaling a bullish turnaround.

Two candlesticks are used to make it, with the second candlestick enveloping the first. The decline is expected to continue as the first candle is negative.

The first candle is entirely engulfed by the second candlestick, which indicates that the bulls have returned to the market.

Example:

Bearish Engulfing

A numerous candlestick pattern called a “bearish engulfing” forms after an uptrend and denotes a bearish reversal.

Two candlesticks are used to make it, with the second candlestick enveloping the first. The fact that the first candle is bullish suggests that the uptrend will continue.

The lengthy bearish candle on the second candlestick chart totally engulfs the first candle, signaling the return of the bears to the market.

Example:

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The large teacher recruitment drive in Madhya Pradesh, according to PM Modi, is a significant step in the right direction since it highlights the crucial role that teachers play in the successful implementation of the NEP.

On April 12, Prime Minister Narendra Modi stated that the new National Education Policy is being implemented while taking into account the needs of a modern, developed India.

He added that the policy places a strong emphasis on the total development of children, as well as the promotion of Indian values.

While speaking at a programme for newly-inducted teachers in the capital of Madhya Pradesh, the Prime Minister remarked in a video message that “the Central Government has implemented the new National Education Policy [NEP] keeping in mind the requirements of modern and developed India.”

According to a press release, Mr. Modi claimed that the drive in Madhya Pradesh to give government jobs to young people is progressing quickly and that thousands of people have been hired for various positions by holding employment fairs in various districts.

More than 22,400 young people have been hired for the position of teacher, according to Mr. Modi. He commended the young people who had obtained letters of appointment for choosing to participate in such essential activity as teaching.

Mr. Modi emphasized the crucial role teachers play in the successful implementation of NEP and claimed that Madhya Pradesh’s extensive teacher recruitment drive is a significant step in that regard

In addition, Mr. Modi noted that MP moved up from 17th to 5th place (in NAS) without investing in advertising.

The government places a special emphasis on skill development to boost employment and self-employment, he said, referring to the ambitious skill development project.

He noted that under the Pradhan Mantri Kaushal Vikas Yojana, skill development canters have been established all throughout the nation to train the youth.

“In this year’s budget, 30 Skill India International Centers will be opened where youth will be trained using New Age Technology, and an initiative has been taken to provide training to small artisans through PM Vishwakarma Yojana and also connect them with MSME,” the Prime Minister said.

He urged the recently hired teachers to adopt their students as if they were their own mothers.

The Prime Minister advised the students, “You should always keep in mind that education [you impart] will not only shape the present but also the future of the country.”

The ideals you instill will benefit not only the current generation but also many generations to come, he continued.

Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us pageSupport@learningsharks.in

What is Trading?

Compared to investing, which uses a buy-and-hold approach, trading involves active engagement in the financial markets. The ability of a trader to be profitable over the long term is a prerequisite for trading success.

Anyone who participates in the buying and selling of financial assets on any financial market is a trader. He or she has the option to buy or sell on their own behalf or on behalf of another person or organization. The length of time that an investor or trader hangs onto an asset is the main distinction between them. The costs of paying brokers in the form of various commission rates and capital gains taxes, which are applicable to trades, are two drawbacks of trading.

What are Candle Patterns

A technical technique known as a candlestick chart condenses data from many time frames into a single price bar. They are therefore more beneficial than conventional open, high, low, close (OHLC) bars or straightforward lines that connect closing price dots. Candlesticks create patterns that, when finished, may be used to forecast price movement. This vibrant technical instrument, which was first used by Japanese rice traders in the 18th century, gains depth with proper color coding.

Candlesticks are typically employed daily with the theory that each candle represents a complete day’s worth of news, data, and price movement. This implies that swing or longer-term traders might benefit more from candles.

Most importantly, every candle has a tale to tell. The best way to look at a candle is as a competition between buyers and sellers. A light candle (green or white are usual default displays) indicates that the day belonged to the purchasers, whilst a dark candle (red or black) indicates that the day belonged to the sellers. But what makes candlesticks so appealing as a charting tool is what transpires between the open and the close, as well as the struggle between buyers and sellers.

Three White Soldiers

A decline is followed by the formation of the Three White Soldiers, a multiple candlestick pattern that denotes a bullish reversal.

These candlestick charts are formed of three long bullish bodies that are open within the previous candle’s true body and do not have extended shadows.

Example:

Three Black Crows

After an ascent, a multiple candlestick pattern called The Three Black Crows is produced, signaling a bearish reversal.

These candlesticks are composed of three long bearish bodies that open inside the true body of the preceding candle in the pattern and do not have extended shadows.

Example:

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Selling pressure is present for Indian IT companies in today’s trading session before TCS begins the quarter’s earnings season on Wednesday.

Quarter 4 Preview

The tech sector is getting ready to report its fourth-quarter financial results for FY23. TCS will open the season first, followed by rivals Infosys and HCL Tech. Later in the month, other people will do the same. A seasonally bad quarter is anticipated for the industry, with modest sales and margin expansion.

In light of the upheaval in the banking systems, advice and BFSI verticals are among the important things to watch.On April 12, TCS will be the first to release its Q4 results, and on April 13, Infosys will do the same. Results from Cyient, HCLTech, L&T Technology Services, Tech Mahindra, and Wipro will be presented on April 20, April 26, and April 27, respectively.

The fourth quarter of the year is often difficult for IT companies due to fewer working days and some additional furloughs in January, according to ICICI Direct analysts’ preview research study. On the one hand, global IT giant Accenture continued to report strong bookings in the outsourcing business (a proxy for Indian IT companies), while on the other, we witnessed fast-paced events unfolding in the global BFSI space (30-38% revenue mix for top three IT players). Q4 of this year has been eventful for the IT sector.

Technical Analysis

Investors have gradually accepted lower prices in order to exit Infosys Limited, and the stock is currently in a medium-long-term falling trend channel. This shows that investors are becoming more pessimistic and that Infosys Limited will continue to deteriorate. The moving average indicator has given the stock a warning that it will continue to decline.

The price is approaching the 1450 rupee barrier level, which could cause a negative reaction. However, a breakthrough of 1450 rupees in the upside direction would be encouraging. In the past, the volume has been low at price peaks and strong at price troughs. This validates the pattern.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	27,501	33,734	40,352	50,133	53,319	62,441	68,484	70,522	82,675	90,791	100,472	121,641	141,602
Expenses +	18,531	23,007	28,814	36,743	38,436	45,362	49,880	51,700	62,505	68,524	72,583	90,150	107,623
Operating Profit	8,970	10,727	11,538	13,390	14,883	17,079	18,604	18,822	20,170	22,267	27,889	31,491	33,979
OPM %	33%	32%	29%	27%	28%	27%	27%	27%	24%	25%	28%	26%	24%
Other Income +	1,211	1,904	2,365	2,664	3,430	3,120	3,050	3,311	2,882	2,803	2,201	2,295	2,666
Interest	2	4	5	9	12	0	0	0	0	170	195	200	252
Depreciation	854	928	1,099	1,317	1,017	1,459	1,703	1,863	2,011	2,893	3,267	3,476	3,994
Profit before tax	9,325	11,699	12,799	14,728	17,284	18,740	19,951	20,270	21,041	22,007	26,628	30,110	32,399
Tax %	27%	29%	26%	28%	28%	28%	28%	21%	27%	24%	27%	26%
Net Profit	6,835	8,332	9,429	10,656	12,372	13,489	14,353	16,029	15,410	16,639	19,423	22,146	23,669
EPS in Rs	14.88	18.14	20.52	23.31	26.93	29.36	31.24	36.69	35.26	38.96	45.42	52.56	56.27
Dividend Payout %	50%	32%	25%	34%	55%	41%	41%	59%	60%	45%	59%	59%

Compounded Sales Growth
10 Years:	14%
5 Years:	12%
3 Years:	14%
TTM:	22%

Compounded Profit Growth
10 Years:	10%
5 Years:	9%
3 Years:	13%
TTM:	10%

Stock Price CAGR
10 Years:	17%
5 Years:	20%
3 Years:	31%
1 Year:	-19%

Return on Equity
10 Years:	25%
5 Years:	26%
3 Years:	27%
Last Year:	29%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Dec 2022
Share Capital +	286	286	286	286	572	1,144	1,144	1,088	2,170	2,122	2,124	2,098	2,086
Reserves	25,690	31,046	37,708	44,244	50,164	60,600	67,838	63,835	62,778	63,328	74,227	73,252	72,206
Borrowings +	0	0	0	0	0	0	0	0	0	4,633	5,325	5,474	7,720
Other Liabilities +	5,317	7,025	8,281	12,436	15,553	13,354	14,166	14,426	19,118	21,717	25,835	35,905	43,954
Total Liabilities	31,293	38,357	46,275	56,966	66,289	75,098	83,148	79,349	84,066	91,800	107,511	116,729	125,966
Fixed Assets +	5,235	5,555	7,139	8,378	11,346	13,386	14,179	12,574	15,710	23,789	25,505	25,800	28,980
CWIP	264	590	1,140	961	776	960	1,365	1,606	1,388	954	922	416	0
Investments	144	372	2,116	4,331	2,270	1,892	16,423	12,163	11,261	8,792	14,205	20,324	21,116
Other Assets +	25,650	31,840	35,880	43,296	51,897	58,860	51,181	53,006	55,707	58,265	66,879	70,189	75,870
Total Assets	31,293	38,357	46,275	56,966	66,289	75,098	83,148	79,349	84,066	91,800	107,511	116,729	125,966

Disclaimer: The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page.Support@learningsharks.in

As a result of both companies reporting their highest-ever sales in the fourth quarter of FY23, the shares of real estate companies Godrej Properties and Sobha increased 8% and 5%, respectively, in Monday’s trading.

Godrej Properties’ financial year 2022–2023 bookings increased by 56% to Rs 12,232 crore during the three months ending March 2023, totaling Rs 4,051 crore in bookings.

Sales Performance

In terms of area, its sales volumes for the quarter increased by 19% from 4.42 million square feet to 5.25 million square feet. Sales volumes increased 40% over the course of the year, from 10.84 million square feet to 15.21 million.

This is the best quarterly and yearly sales performance ever for Godrej Properties. Along with the company’s sales, its cash receipts and project deliveries also reached a record level.

At 9.55 am, the price of Godrej Properties’ shares had increased by 8% to Rs 1,216 from the previous day’s closing price of Rs 1,125 a share. The stock, however, has decreased by more than 28% during the past year.

Technical Analysis

Jesus Properties opened at 1170.00 and closed at 1228.35, which is an 8.39% increase over the conclusion of the prior session. It fluctuated between 1160.00 and 1236.80.
With an average volume of 4325815, or 68.19% of the volumes from the previous session, the session was bullish.

The short-term trend has changed somewhat favorably, but it's too soon to draw any firm conclusions.
Even though the stock price has increased, the stock's mid-term trend is still negative and downward.
Long-term trends have changed somewhat for the better, but it's too soon to draw any firm conclusions. 

Tomorrow’s support is at 1194.18, while its resistance is at 1270.98.
For the first 5 to 15 periods, these support and resistance points are valid.

Let us look at the Fundamnetals

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	452	770	1,037	1,179	1,843	2,123	1,583	1,604	2,817	2,441	765	1,825	1,937
Expenses +	346	650	751	897	1,586	1,986	1,330	1,819	2,639	2,181	1,214	1,880	1,956
Operating Profit	105	120	286	283	257	137	253	-216	178	260	-449	-56	-19
OPM %	23%	16%	28%	24%	14%	6%	16%	-13%	6%	11%	-59%	-3%	-1%
Other Income +	107	88	10	75	83	146	150	499	419	473	568	761	786
Interest	4	5	3	4	5	41	104	150	234	220	185	167	164
Depreciation	4	4	4	6	10	14	14	16	14	21	20	21	23
Profit before tax	204	199	289	347	326	228	284	117	348	493	-86	516	580
Tax %	30%	35%	32%	32%	28%	30%	27%	26%	27%	44%	-121%	32%
Net Profit	143	129	197	236	236	160	207	87	253	274	-189	351	425
EPS in Rs	7.34	4.92	6.95	8.00	9.58	7.33	9.56	4.01	11.04	10.73	-6.81	12.68	15.10
Dividend Payout %	24%	24%	23%	25%	21%	0%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	9%
5 Years:	3%
3 Years:	-13%
TTM:	109%

Compounded Profit Growth
10 Years:	15%
5 Years:	11%
3 Years:	15%
TTM:	514%

Stock Price CAGR
10 Years:	17%
5 Years:	11%
3 Years:	22%
1 Year:	-26%

Return on Equity
10 Years:	4%
5 Years:	2%
3 Years:	2%
Last Year:	4

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	70	78	78	99	100	108	108	108	115	126	139	139	139
Reserves	842	1,365	1,351	1,694	1,747	1,657	1,896	1,102	2,354	4,682	8,181	8,536	8,639
Borrowings +	945	2,087	1,678	2,574	3,486	3,123	3,980	3,703	3,516	3,715	4,593	5,196	5,382
Other Liabilities +	361	1,179	1,572	1,779	2,030	1,691	1,197	3,358	2,107	1,567	3,333	3,932	4,885
Total Liabilities	2,218	4,709	4,679	6,147	7,363	6,578	7,181	8,271	8,092	10,090	16,245	17,804	19,045
Fixed Assets +	46	46	51	64	117	107	102	113	97	113	174	183	188
CWIP	1	19	36	62	73	1	0	71	100	163	229	340	428
Investments	0	0	0	0	0	664	760	1,454	2,637	3,571	5,243	4,883	4,489
Other Assets +	2,170	4,644	4,593	6,021	7,173	5,807	6,319	6,633	5,259	6,243	10,599	12,397	13,940
Total Assets	2,218	4,709	4,679	6,147	7,363	6,578	7,181	8,271	8,092	10,090	16,245	17,804	19,045

Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page Support@learningsharks.in

Following the government’s decision to lower the windfall tax on diesel export, shares of upstream companies including Oil and Natural Gas Corporation (ONGC), Oil India Limited (OIL), Mangalore Refinery & Petrochemicals (MRPL), Chennai Petroleum Corporation, and Reliance Industries increased by up to 4% on the BSE intraday.

Is it a Multibagger ?

With a share price increase of 43.80 to 89.25 and a multibagger return of 103.77 percent year-to-date, MRPL is a multibagger stock in 2022. (YTD). In the past six months, the stock has skyrocketed from 44.15 to the current market price, representing a multibagger gain of 102.15%. From its 52-week low of 37, the stock has increased by more than 140%, and it is currently trading above its 5 days, 10 days, 12 days, 20 days, 26 days, 50 days, 100 days, and 200 days moving averages.

Technical View

Although MRPL is currently trading above its 50- and 100-DMAs, it is still trading below its 200-DMA, which is Rs 54.85.

The stock has surpassed the key resistance area between 55 and 56.25 levels and is currently trading above two of the three significant DMAs. The stock could challenge the 59.50 and 64 levels.”

Relative strength index (RSI) is presently in the overbought zone, according to AR Ramachandran, and higher levels should be used to liquidate previous purchase positions.

In June 2022, the stock’s 52-week high was Rs 127.60.

Let us look at the Fundamentals

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	38,887	53,770	65,696	71,815	57,463	39,647	43,208	48,451	62,062	51,002	31,959	69,727	108,271
Expenses +	36,864	52,156	65,393	70,808	59,551	37,859	38,493	44,139	60,382	53,524	31,251	64,783	102,323
Operating Profit	2,023	1,615	303	1,007	-2,088	1,789	4,714	4,311	1,681	-2,522	708	4,944	5,947
OPM %	5%	3%	0%	1%	-4%	5%	11%	9%	3%	-5%	2%	7%	5%
Other Income +	210	346	153	430	838	674	2,015	154	131	97	93	64	125
Interest	105	207	329	321	407	594	520	443	475	749	558	1,212	1,349
Depreciation	391	434	604	706	499	710	678	671	757	783	1,158	1,088	1,111
Profit before tax	1,737	1,320	-477	410	-2,156	1,158	5,531	3,351	581	-3,958	-915	2,708	3,612
Tax %	32%	31%	-59%	-47%	21%	1%	34%	34%	43%	31%	17%	-9%
Net Profit	1,177	909	-757	601	-1,712	1,147	3,644	2,224	332	-2,740	-761	2,955	3,739
EPS in Rs	6.71	5.18	-4.32	3.43	-9.77	6.54	20.79	12.69	1.89	-15.64	-4.34	16.86	21.33
Dividend Payout %	18%	19%	0%	0%	0%	0%	29%	24%	53%	0%	0%	0%

Compounded Sales Growth
10 Years:	3%
5 Years:	10%
3 Years:	4%
TTM:	85%

Compounded Profit Growth
10 Years:	13%
5 Years:	3%
3 Years:	105%
TTM:	886%

Stock Price CAGR
10 Years:	1%
5 Years:	-13%
3 Years:	28%
1 Year:	8%

Return on Equity
10 Years:	5%
5 Years:	5%
3 Years:	-2%
Last Year:	52%

Balance Sheet

Standalone Figures in Rs. Crores / View ConsolidatedCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	1,762	1,757	1,753	1,753	1,753	1,753	1,753	1,753	1,753	1,753	1,753	1,753	1,753
Reserves	4,767	5,472	4,715	5,316	3,552	4,679	8,318	9,280	8,974	6,014	2,485	5,444	6,364
Borrowings +	1,126	6,183	7,558	9,793	9,032	8,075	8,541	7,950	9,131	11,896	24,062	21,310	18,437
Other Liabilities +	10,856	12,747	12,676	22,665	20,007	22,787	7,802	7,238	7,333	6,145	6,425	11,561	11,899
Total Liabilities	18,501	26,155	26,701	39,527	34,345	37,293	26,414	26,221	27,191	25,808	34,725	40,068	38,452
Fixed Assets +	3,090	4,052	5,781	5,991	14,109	14,881	14,161	14,038	13,996	14,239	19,596	21,384	20,846
CWIP	3,995	7,089	7,554	8,552	1,378	188	220	668	982	1,730	2,343	170	371
Investments	42	42	15	15	1,350	1,350	1,350	1,350	1,503	2,178	16	16	16
Other Assets +	11,374	14,971	13,351	24,969	17,508	20,874	10,684	10,166	10,710	7,661	12,770	18,499	17,218
Total Assets	18,501	26,155	26,701	39,527	34,345	37,293	26,414	26,221	27,191	25,808	34,725	40,068	38,452

Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page Support@learningsharks.in

Britannia Industries is renowned for its hefty dividend payouts. Once more, the FMCG juggernaut is prepared to distribute a sizable interim dividend for the fiscal year FY23 of 72 per equity share. The shares of Britannia will therefore stop paying dividends this week.

In percentage terms, Britannia will be paying a whopping interim dividend of 7200%.

Declared Interim Dividend

For the Financial Year 2022–23, Britannia “declared an Interim Dividend @ 7200% i.e., Rs. 72/per Equity Share of the face value of Re 1 each,” according to a statement last week.

Additionally, the business established April 13th as the record date for identifying stockholders who are entitled to the $72 per share dividend benefit.

Britannia shares will go ex-dividend on April 13th, which is also the record date because the listed equities now follow the “T+1” settlement option. Simply expressed, the shareholders who are entitled to receive the interim dividend of Rs 72 per share on April 13th are those whose names are recorded in the company’s registrar on exchanges and relevant depository on that date.In FY22, the company paid a 5650% dividend aggregating to ₹56.5 per equity share. The company paid a dividend of ₹12.50 per share (1250%) in FY21.

Let us look at the Fundamnetals

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	4,609	5,485	6,185	6,913	7,858	8,397	9,054	9,914	11,055	11,600	13,136	14,136	15,828
Expenses +	4,393	5,174	5,765	6,286	6,988	7,174	7,776	8,413	9,322	9,756	10,627	11,935	13,248
Operating Profit	216	311	421	627	870	1,224	1,278	1,501	1,732	1,843	2,509	2,201	2,580
OPM %	5%	6%	7%	9%	11%	15%	14%	15%	16%	16%	19%	16%	16%
Other Income +	79	59	52	34	228	115	151	166	206	263	313	222	591
Interest	44	42	41	8	4	5	5	8	9	77	111	144	168
Depreciation	65	62	73	83	144	113	119	142	162	185	198	201	212
Profit before tax	187	267	358	569	950	1,220	1,304	1,518	1,768	1,844	2,514	2,078	2,791
Tax %	28%	25%	27%	30%	28%	32%	32%	34%	35%	24%	26%	27%
Net Profit	134	200	260	395	689	825	885	1,004	1,155	1,394	1,851	1,516	2,137
EPS in Rs	5.62	8.35	10.85	16.48	28.71	34.36	36.85	41.83	48.23	58.33	77.38	63.31	88.97
Dividend Payout %	58%	51%	39%	36%	28%	29%	30%	30%	31%	60%	204%	89%

Compounded Sales Growth
10 Years:	10%
5 Years:	9%
3 Years:	9%
TTM:	15%

Compounded Profit Growth
10 Years:	24%
5 Years:	11%
3 Years:	9%
TTM:	22%

Stock Price CAGR
10 Years:	32%
5 Years:	11%
3 Years:	15%
1 Year:	28%

Return on Equity
10 Years:	40%
5 Years:	38%
3 Years:	42%
Last Year:	50%

.

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	24	24	24	24	24	24	24	24	24	24	24	24	24
Reserves	302	385	534	774	1,221	2,068	2,672	3,382	4,229	4,379	3,524	2,534	2,017
Borrowings +	618	604	380	150	145	131	125	201	156	1,538	2,122	2,481	3,038
Other Liabilities +	675	829	946	1,159	1,403	1,271	1,288	1,581	1,829	1,889	2,331	2,475	2,833
Total Liabilities	1,619	1,842	1,883	2,107	2,793	3,494	4,109	5,188	6,238	7,830	8,000	7,515	7,912
Fixed Assets +	505	624	737	848	844	950	1,160	1,346	1,688	1,878	1,793	1,753	1,734
CWIP	13	111	147	107	48	90	30	203	101	40	117	536	879
Investments	389	249	108	198	518	788	487	1,079	1,476	2,893	2,781	1,762	1,412
Other Assets +	713	858	891	954	1,383	1,665	2,432	2,560	2,972	3,019	3,310	3,463	3,887
Total Assets	1,619	1,842	1,883	2,107	2,793	3,494	4,109	5,188	6,238	7,830	8,000	7,515	7,912

Disclaimer : The information mentioned above is merely an opinion and should only be treated for educational purposes. If you have any questions or feedback about this article, you can write us back. To reach out, you can use our contact us page.

Following the automaker’s global wholesales statistics, a number of brokerages upgraded the stock of the Tata group, sending shares of Tata Motors up 8% on Monday. Tata Motors stated in a news release that its worldwide wholesales, which includes Jaguar Land Rover, increased 8% YoY to 3,61,361 vehicles in the March quarter.

Recovery of Tata Motors

“Tata Motors’ three businesses are all in a recovery mode. The India PV sector is seeing a structural rebound, while the India CV business will experience a cyclical recovery. JLR is likewise seeing cyclical growth that is being aided by a positive product mix. The recovery effort will be hampered, nevertheless, by supply-side problems. While the JLR business won’t provide any immediate catalysts, the India business will continue to recover.

The company is trading at 13.7 times its expected FY25 consolidated EPS and 16.9 times its estimated FY24 consolidated EPS, according to Motilal Oswal Securities. The company gets a ‘Buy’ recommendation from the firm with a Rs 525 price objective.

According to Tata Motors, global wholesale sales of passenger cars reached 1,35,654 units in the March quarter, an increase of 10% year over year. 1,07,386 automobiles were sold through Jaguar Land Rover’s global wholesales. (including CJLR volumes of 12,737 units). According to Tata Motors’ press announcement, Land Rover wholesales for the quarter were 91,887 automobiles, compared to 15,499 vehicles for Jaguar.

Domestic Sales

Earlier, Tata Motors said that its domestic CV volume for March was 45,307 units, an increase of 2% year over year, driven by stronger MHCV sales while LCV sales fell year over year. To 44,044 units, PV increased 4% YoY, in line with industry trends. Exports as a whole decreased by 39% year over year. With 6,509 units sold, EV sales made up 15% of all PV volume in March. PV sales increased by 46% YoY in FY23, while CV sales increased by 22%. MHCV sales increased by 35% YoY, while LCV sales increased by 10% YoY.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	122,128	165,654	188,793	232,834	263,159	273,046	269,693	291,550	301,938	261,068	249,795	278,454	318,474
Expenses +	105,541	143,439	164,197	197,980	223,920	234,650	240,104	260,093	277,274	243,081	217,507	253,734	291,386
Operating Profit	16,586	22,215	24,596	34,853	39,239	38,395	29,589	31,458	24,664	17,987	32,287	24,720	27,088
OPM %	14%	13%	13%	15%	15%	14%	11%	11%	8%	7%	13%	9%	9%
Other Income +	891	-74	213	-157	714	-2,670	1,869	5,933	-26,686	102	-11,118	2,424	5,051
Interest	2,385	2,982	3,560	4,749	4,861	4,889	4,238	4,682	5,759	7,243	8,097	9,312	9,964
Depreciation	4,656	5,625	7,601	11,078	13,389	16,711	17,905	21,554	23,591	21,425	23,547	24,836	24,242
Profit before tax	10,437	13,534	13,647	18,869	21,703	14,126	9,315	11,155	-31,371	-10,580	-10,474	-7,003	-2,068
Tax %	12%	-0%	28%	25%	35%	21%	35%	39%	8%	-4%	-24%	-60%
Net Profit	9,322	13,599	9,976	14,050	14,073	11,678	7,557	9,091	-28,724	-11,975	-13,395	-11,309	-3,798
EPS in Rs	32.66	47.60	34.62	48.46	48.44	40.11	25.82	31.13	-99.84	-39.08	-40.51	-34.46	-12.12
Dividend Payout %	14%	9%	6%	5%	0%	1%	0%	0%	0%	0%	0%	0%

Compounded Sales Growth
10 Years:	5%
5 Years:	1%
3 Years:	-3%
TTM:	10%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-8%

Stock Price CAGR
10 Years:	5%
5 Years:	4%
3 Years:	80%
1 Year:	-3%

Return on Equity
10 Years:	7%
5 Years:	-5%
3 Years:	-14%
Last Year:	-22%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	635	635	638	644	644	679	679	679	679	720	766	766	766
Reserves	18,537	32,064	36,999	64,960	55,618	78,273	57,383	94,749	59,500	61,491	54,481	43,795	25,409
Borrowings +	32,811	47,149	53,716	60,642	73,610	69,360	78,604	88,950	106,175	124,788	142,131	146,449	144,354
Other Liabilities +	48,400	62,919	76,977	92,180	107,442	114,872	135,914	142,813	139,349	133,181	144,193	138,051	145,111
Total Liabilities	100,382	142,766	168,330	218,426	237,315	263,184	272,580	327,192	305,703	320,179	341,570	329,061	315,640
Fixed Assets +	35,349	44,360	55,512	69,092	88,479	107,232	95,944	121,414	111,234	127,107	138,708	138,855	133,965
CWIP	11,457	15,946	18,454	33,263	28,640	25,919	33,699	40,034	31,884	35,622	20,964	10,251	1,797
Investments	2,544	8,918	8,765	10,687	15,337	23,767	20,338	20,813	15,771	16,308	24,620	29,380	22,126
Other Assets +	51,032	73,542	85,600	105,385	104,858	106,266	122,600	144,932	146,814	141,141	157,278	150,575	157,752
Total Assets	100,382	142,766	168,330	218,426	237,315	263,184	272,580	327,192	305,703	320,179	341,570	329,061	315,640

In trading on Thursday, shares of Apollo Hospitals Enterprise Ltd. increased 0.2% to Rs 4210. During the session, it reached a high of Rs 4224 and a low of Rs 4183.05.

The stock’s 200-DMA was at Rs. 4340.61 on the technical indicators, and its 50-DMA was at Rs. 4352.98. A stock is typically in an upward pattern if it trades above both its 50-DMA and 200-DMA. On the other hand, a company is said to be in a bearish trend if it trades between its 50-DMA and 200-DMA, and vice versa.The moving average convergence divergence, or MACD, momentum indicator’s signal line was broken by the company, indicating a bearish bias for the stock. When it comes to traded securities or indices, the MACD is renowned for predicting pattern reversals. The disparity between the 12-day and 26-day exponential moving averages is what determines price. The signal line, a nine-day exponential moving average, is drawn over the MACD to represent “buy” or “sell” chances.

Let us look at the Fundamentals

Profit & Loss

Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Sales +	2,605	3,148	3,769	4,357	5,129	6,150	7,256	8,243	9,617	11,247	10,560	14,663	15,857
Expenses +	2,183	2,631	3,157	3,681	4,392	5,465	6,522	7,442	8,548	9,656	9,420	12,474	13,879
Operating Profit	422	517	612	676	737	684	734	801	1,070	1,591	1,140	2,189	1,978
OPM %	16%	16%	16%	16%	14%	11%	10%	10%	11%	14%	11%	15%	12%
Other Income +	12	22	33	18	47	92	60	24	26	222	103	368	108
Interest	78	89	103	119	118	180	257	295	327	533	449	379	380
Depreciation	95	124	142	168	212	264	314	359	396	620	573	601	623
Profit before tax	261	326	399	407	455	332	222	171	373	660	221	1,578	1,083
Tax %	33%	35%	26%	25%	29%	29%	41%	65%	47%	34%	38%	30%
Net Profit	182	218	303	315	335	235	131	60	200	432	137	1,108	796
EPS in Rs	14.75	16.31	21.88	22.77	24.43	16.99	15.88	8.44	16.96	32.70	10.46	73.42	53.18
Dividend Payout %	25%	25%	25%	25%	24%	35%	38%	59%	35%	18%	29%	16%

Compounded Sales Growth
10 Years:	17%
5 Years:	15%
3 Years:	15%
TTM:	13%

Compounded Profit Growth
10 Years:	14%
5 Years:	45%
3 Years:	62%
TTM:	-13%

Stock Price CAGR
10 Years:	18%
5 Years:	31%
3 Years:	52%
1 Year:	-7%

Return on Equity
10 Years:	8%
5 Years:	8%
3 Years:	10%
Last Year:	17%

Balance Sheet

Consolidated Figures in Rs. Crores / View StandaloneCORPORATE ACTIONS

	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Sep 2022
Share Capital +	62	67	70	70	70	70	70	70	70	70	72	72	72
Reserves	1,768	2,401	2,677	2,907	3,102	3,262	3,244	3,182	3,264	3,270	4,531	5,551	5,921
Borrowings +	957	817	1,213	1,344	1,992	2,834	3,125	3,427	3,673	3,596	4,160	4,068	3,998
Other Liabilities +	815	698	854	1,029	1,296	1,195	1,665	1,917	2,159	4,354	2,629	3,493	3,984
Total Liabilities	3,602	3,983	4,814	5,350	6,459	7,360	8,103	8,596	9,166	11,289	11,392	13,184	13,975
Fixed Assets +	1,530	2,011	2,341	2,681	3,244	3,997	4,591	4,773	4,982	7,432	6,778	8,269	8,256
CWIP	361	209	403	491	533	562	347	712	822	236	234	46	548
Investments	502	564	527	322	311	352	406	352	462	434	1,343	780	631
Other Assets +	1,210	1,198	1,543	1,855	2,372	2,448	2,759	2,759	2,901	3,187	3,037	4,090	4,540
Total Assets	3,602	3,983	4,814	5,350	6,459	7,360	8,103	8,596	9,166	11,289	11,392	13,184	13,975