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Live Chart Being Loaded With Signals

Commentary (14 May 2024 @ 05:59):

Stats
Today's Volume	32 200.00
Average Volume	58 811.00
Market Cap	32.98B
EPS	INR0 ( 2024-05-09 )
Next earnings date	( INR0 ) 2024-08-07
Last Dividend	INR8.00 ( 2023-07-06 )
Next Dividend	INR0 ( N/A )
P/E	34.26
ATR14	INR1.793 (0.16%)

Volume Correlation

Long: 0.02 (neutral)

Short: 0.97 (very strong)

Signal:(55.691) Expect same movement, but be aware

CARE Ratings Limited Correlation

10 Most Positive Correlations
BFINVEST.NS	0.822

10 Most Negative Correlations
DABUR.NS	-0.829
CENTURYTEX.NS	-0.823
JYOTISTRUC.NS	-0.812
NILASPACES.NS	-0.811
MASKINVEST.NS	-0.808
ANGELONE.NS	-0.802
BGRENERGY.NS	-0.801
COCHINSHIP.NS	-0.801

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

CARE Ratings Limited Correlation - Currency/Commodity

-0.08
( neutral )

0.19
( neutral )

-0.13
( neutral )

0.08
( neutral )

-0.20
( neutral )

0.02
( neutral )

CARE Ratings Limited Financials

Annual	2023
Revenue:	INR3.32B
Gross Profit:	INR1.02B (30.65 %)
EPS:	INR33.77

FY	2023
Revenue:	INR3.32B
Gross Profit:	INR1.02B (30.65 %)
EPS:	INR33.77

FY	2022
Revenue:	INR2.79B
Gross Profit:	INR1.45B (51.99 %)
EPS:	INR28.17

FY	2022
Revenue:	INR2.47B
Gross Profit:	INR1.35B (54.56 %)
EPS:	INR25.45

Financial Reports:

No articles found.

CARE Ratings Limited Dividends

(Q3/22)	(Q4/22)	(Q1/23)	(Q2/23)	(Q3/23)	(Q4/23)	(Q1/24)	(Q2/24)	(Q3/24)	(Q4/24)
INR10.00 (N/A)	INR0 (N/A)	INR10.00 (N/A)	INR0 (N/A)	INR8.00 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)	INR0 (N/A)

CARE Ratings Limited Dividend Information - Dividend Knight

Dividend Sustainability Score: 10.00 - good (100.00%) | Divividend Growth Potential Score: 5.55 - Stable (11.01%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information

First Dividend	INR12.00	2013-03-07
Last Dividend	INR8.00	2023-07-06
Next Dividend	INR0	N/A
Payout Date	0000-00-00
Next Payout Date	N/A
# dividends	36	--
Total Paid Out	INR323.50	--
Avg. Dividend % Per Year	1.81%	--
Score	4.67	--
Div. Sustainability Score	10.00
Div.Growth Potential Score	5.55
Div. Directional Score	8.61	--

Next Divdend (Est)
(2024-08-21)

INR8.25 Estimate 8.29 %

Dividend Stability

0.33 Poor

Dividend Score

4.67

Pay Frequency

Semi-Annually

Yearly Payout

Year	Amount	Yield
2013	INR0	0.00%
2014	INR0	0.00%
2015	INR0	0.00%
2016	INR0	0.00%
2017	INR0	0.00%
2018	INR43.00	3.46%
2019	INR29.00	2.96%
2020	INR16.50	2.42%
2021	INR22.00	4.15%
2022	INR10.00	1.62%
2023	INR18.00	2.88%
2024	INR0	0.00%

Dividend Commentary

The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.

Top 10 dividend Companies for NSE

Symbol	Title	Last dividend	Frequency	Years Dividend	Yearly Dividend
TITAN.NS	Dividend Junior	2023-07-13	Annually	20	0.35%
PERSISTENT.NS	Dividend Knight	2023-07-11	Semi-Annually	15	0.67%
J&KBANK.NS	Dividend Junior	2023-08-17	Sporadic	22	0.47%
DALMIASUG.NS	Dividend Junior	2023-08-04	Annually	23	0.87%
SILINV.NS	Dividend Junior	2023-08-18	Annually	23	0.63%
MAZDA.NS	Dividend Junior	2023-09-07	Annually	8	1.43%
GSFC.NS	Dividend Junior	2023-09-07	Annually	28	2.79%
BANKBARODA.NS	Dividend Junior	2023-06-30	Sporadic	23	1.47%
PREMEXPLN.NS	Dividend Junior	2023-09-22	Sporadic	8	0.23%
KABRAEXTRU.NS	Dividend Knight	2023-07-13	Annually	23	0.83%

Dividend Sustainability Score (DSS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
netProfitMarginTTM	0.303	1.500	3.94	5.91	[0 - 0.5]
returnOnAssetsTTM	0.119	1.200	6.02	7.22	[0 - 0.3]
returnOnEquityTTM	0.145	1.500	9.50	10.00	[0.1 - 1]
payoutRatioTTM	0	-1.000	0	0	[0 - 1]
currentRatioTTM	8.57	0.800	10.00	8.00	[1 - 3]
quickRatioTTM	1.040	0.800	8.59	6.87	[0.8 - 2.5]
cashRatioTTM	0.742	1.500	6.99	10.00	[0.2 - 2]
debtRatioTTM	0.00286	-1.500	9.95	-10.00	[0 - 0.6]
interestCoverageTTM	73.89	1.000	10.00	10.00	[3 - 30]
operatingCashFlowPerShareTTM	5.42	2.00	8.19	10.00	[0 - 30]
freeCashFlowPerShareTTM	5.42	2.00	7.29	10.00	[0 - 20]
debtEquityRatioTTM	0.00336	-1.500	9.99	-10.00	[0 - 2.5]
grossProfitMarginTTM	0.442	1.000	5.97	5.97	[0.2 - 0.8]
operatingProfitMarginTTM	0.381	1.000	4.37	4.37	[0.1 - 0.6]
cashFlowToDebtRatioTTM	6.69	1.000	10.00	10.00	[0.2 - 2]
assetTurnoverTTM	0.394	0.800	-0.706	-0.565	[0.5 - 2]
Total Score				11.68

Dividend Growth Score (DGS)

Ratio	Actual Value	Weight	Normalized Value	Score	Range
peRatioTTM	32.78	1.000	6.79	0	[1 - 100]
returnOnEquityTTM	0.145	2.50	9.68	10.00	[0.1 - 1.5]
freeCashFlowPerShareTTM	5.42	2.00	8.19	10.00	[0 - 30]
dividendYielPercentageTTM	1.354	1.500	10.00	0	[0 - 0.4]
operatingCashFlowPerShareTTM	5.42	2.00	8.19	10.00	[0 - 30]
payoutRatioTTM	0	1.500	0	0	[0 - 1]
pegRatioTTM	5.91	1.500	10.00	0	[0.5 - 2]
operatingCashFlowSalesRatioTTM	0.0485	1.000	-1.286	0	[0.1 - 0.5]
Total Score				5.55

CARE Ratings Limited

CARE Ratings Limited, a credit rating agency, provides various rating and grading services in India, Mauritius, and Nepal. The company provides rating services for debt instruments, such as bonds, debentures, hybrid instruments, preference shares, fixed deposits, commercial papers and short-term debt programs, and certificate of deposits; and bank loan; financial sector rating services, which cover banks, non-banking finance companies, housing finance companies, financial institutions, etc.; structured finance ratings; insurance ratings; infrastructure sector ratings; and public finance rating services that cover ratings of state government entities and urban infrastructure projects, as well as corporate governance ratings, project finance, and MLD valuation services. It offers corporate advisory, project evaluation and monitoring, credit analytics, industry and company research, and due diligence and grading services, as well as research and analytics to corporates, financial institutions, banks, and institutional investors. It was formerly known as Credit Analysis and Research Limited and changed its name to CARE Ratings Limited in June 2017. CARE Ratings Limited was incorporated in 1993 and is headquartered in Mumbai, India.