Indian stock alert

INDIA

CLOSING UPDATE: Bharat Petroleum Corporation accelerates slide, now down 3.4% in 5 days 16 January 2018 17:13 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Bharat Petroleum Corporation, India's largest refineries/ petro-products company by market capitalisation, is down Rs16.65 (or 3.4%) over the past five trading days. After falling 0.5% on Friday, and 0.6% on Monday, the stock fell 1.6% on Tuesday to trade at Rs479.45 vs. the BSE SENSEX Index that is up 1.0% in the same period.

Technical indicators complementing today's significant downtrend:

+ The negative 7.7 MACD (Moving Average Convergence Divergence) indicator suggests a bearish signal.

+ In the Indian market, the stock's relative price strength percentile is falling at 28 for 6 months, 15 for 3 months and 6 for 1 month.

+ The price dropped 3.4% in the last week and tumbled 8.9% in the last month.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Earnings of 11.7 [10.1]

+ Price/Earnings/Growth of 0.41 [0.2]

+ Price/Sales of 0.4 [0.4]

Other Bearish Signals include:

+ Net profit margin has averaged 2.9% in the last 3 years. This suggests the company is less profitable with a low margin of safety.

Note

Bharat Petroleum Corporation today is at a discount of 13.1% to the 12-month high of Rs551.55 on 30 Oct, 2017. It is at a premium of 20.1% to the 12-month low of Rs399.33 on 27 Jun, 2017.

Bullish Signals:

In the last three months the stock has hit a new 52-week high twice.

Interest cover is less leveraged at 23.3 times.

Total Liabilities/EBITDA of 4.6 is less than the Joseph Piotroski benchmark of <5.

Tobin's Q Ratio is 1.1. Compared with the rest of the market the stock is undervalued.

As per the Du Pont analysis, Return on Equity is high at 27.1%. Also, this has improved from 25.8% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Dividend yield of 4.5% [3.0%]

TODAY'S ALERTS

Afternoon Alert: Bharat Petroleum Corporation accelerates slide, now down 3.4% in 5 days

16 January 2018 12:59 IST

Bharat Petroleum Corporation Ltd. (NSE:BPCL) is down Rs17.10 (or 3.4%) over the past five trading days. After falling 0.5% on Friday, and 0.6% on Monday, the stock fell 1.7% on Tuesday to trade at Rs479.0 vs. the BSE SENSEX Index that is up 1.3% in the same period.

Morning Alert: Bharat Petroleum Corporation accelerates slide, now down 3.7% in 5 days

16 January 2018 10:23 IST

Bharat Petroleum Corporation Ltd. (NSE:BPCL) is down Rs18.25 (or 3.7%) over the past five trading days. After falling 0.5% on Friday, and 0.6% on Monday, the stock fell 1.9% on Tuesday to trade at Rs477.85 vs. the BSE SENSEX Index that is up 1.3% in the same period.

RECENT ALERTS

CLOSING UPDATE: Bharat Petroleum Corporation decreases 0.4%

11 January 2018 17:16 IST

Bharat Petroleum Corporation, India's largest refineries/ petro-products company by market capitalisation, traded on volume of 0.8 times average today while the price decreased Rs1.90 (or 0.4%) to trade at Rs492.40. Compared with the BSE SENSEX Index which rose 70.4 points (or 0.2%) in the day, this represented a relative price change of -0.6%.

Afternoon Alert: Bharat Petroleum Corporation decreases 0.9% - underperforming 94% of stocks

11 January 2018 12:58 IST

Bharat Petroleum Corporation Ltd. (NSE:BPCL) has decreased Rs4.55 (or 0.9%) today to trade at Rs489.75 and has underperformed 94% of the market in the past month.

Bharat Petroleum Corporation Ltd. (NSE:BPCL; BSE:BPCL; NS:BPCL; IN:BPCL)

ISIN: INE029A01011

PermID: 4295872490

Source: www.BuySellSignals.com