Indian stock alert
Morning Alert: KRBL accelerates slide, now down 6.7% in 2 days 19 June 2018 10:16 IST
NEWS BITES - BRIC
KRBL Limited (NSE:KRBL) is down Rs33.95 (or 6.7%) over the past two trading days. After falling 3.4% on Monday, the stock fell 3.4% on Tuesday to trade at Rs470.60 vs. the BSE SENSEX Index that is down 0.5% in the same period.
SECTION 1: The past week
Current indications of bearish signals that support the trend in the unusual trading
1.1 At a glance
Weekly: KRBL in its biggest weekly loss in 4 months June 18, 2018 15:30 IST
KRBL Limited (NSE:KRBL), India's 4th largest Packaged foods company by market cap, has sunk Rs52.45 (or 9.7%) in the past week to close at Rs487.40. In the past week the shares have sunk 9.7%, the biggest weekly fall since March 12, 2018. Compared with the BSE SENSEX Index which rose 64.8 points (or 0.2%) in the week, this represented a relative price change of -9.9%. The volume was 0.4 times average trading per week of 1.3 million shares. In the past week the market cap has declined Rs12.3 billion (US$181.5 million).
1.2 5-day Recap
KRBL underperformed the BSE SENSEX index in 5 out of 5 days.
|Day||Headline||Close price [INR]||Price change %||Relative change %||Comment|
|Monday||KRBL keeps sliding, down 9.7% in 5 days||487.4||-3.4||-3.2||Steepest Fall|
|Friday||KRBL keeps sliding, down 6.5% in 4 days||504.55||-0.9||-1.0|
|Thursday||KRBL accelerates decline, down 4.8% in 2 days||509.1||-2.5||-2.1|
|Wednesday||KRBL falls for a second consecutive day, a two-day fall of 3.3%||522.0||-2.3||-2.5|
|Tuesday||KRBL falls 3.9% from 14-day high||534.55||-1.0||-1.6|
SECTION 2: Technical indicators
The price plummeted 12.0% in the last week.
Fundamental measures by comparison with the sector average [in brackets] indicate:
Return on Assets 11.3% [11.7%]
Return on Capital Employed 26.4% [25.0%]
Price/Earnings/Growth of 1.89 [4.7]
Price/Sales of 3.4 [4.6]
Year-on-Year Earnings Growth of 17.9% [12.5%]
Total Liabilities/EBITDA of 2.2 is comfortably below the Joseph Piotroski benchmark of <5.
Dividend yield of 0.5% [0.7%]
Return on Equity 19.0% [22.7%]
The stock is at a discount of 30.3% to the 12-month high of Rs675.0 on 02 Nov, 2017. It is also at a premium of 27.4% to the 12-month low of Rs369.52 on 30 Jun, 2017.
The stock has underperformed 61% of the Indian market over the past 6 months.
The positive 5.19 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal (12-day minus 26-day Exponential Moving Averages). Both the 12-day and the 26-day EMA are rising - another bullish signal. In the past week, the stock's MACD has been positive every day, a reinforcing bullish signal.
The present value of Rs1,000 invested one year ago is Rs1,189 [vs Rs1,131 for the BSE SENSEX Index], including a capital gain of Rs184 and dividend reinvested of Rs5. The total return to shareholders for 1 year is 18.9%.
SECTION 3: Ranking
|Description||Value||Rank In Market|
|MCap $US billion||1.6||In Top Quartile|
|52-week Range (in Rs)||369.5-675.0|
|1-month Range (in Rs)||434.9-556.0|
SECTION 4: Earnings
FY2018 Annual Report: KRBL EPS Growth slows to 17.9%
KRBL Limited (NSE:KRBL; BSE:KRBL; NS:KRBL; IN:KRBL)