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Symphony Limited931.75 -17.90 (-1.88%)

  • BSE: 517385
  • |
  • NSE: SYMPHONY
  • |
  • ISIN NO: INE225D01027
  • |
  • INDUSTRY: Consumer Electronics
Profile

SYMPHONY

SYMPHONY

On February 5, 1988, Symphony Comfort Systems Ltd was being incorporated as Sanskrut Comfort Systems Ltd. (SCS). It also commenced all of its operations on February 1988, along with the manufacture of air-coolers, and Achal Anil Bakeri has promoted it. Currently, the company has established itself as a world leader in the evaporative air coolers. It is also a joint-stock, publicly held, and the listed company. The sensitivity regarding the good design is ... a universal phenomenon, and its global popularity is also a testament to this sentiment. Also, its products are already being sold in Europe, U.S.A, Middle East, Africa, and South–East Asia & soon will be available in several other countries. Its air coolers are being designed to provide very high air delivery efficiency. It clearly states that the Symphony air coolers offer very high air delivery at meager power consumption. Also, a combination of many design parameters has helped in achieving it. Such air coolers are designed using the latest engineering and several computerized techniques and further analyzed and are tested at a very high-tech state of the art validation center, which is one of its kind worldwide! It can be 3D modeling, or computer simulations such as stress analysis, mould flow analysis, acoustic analysis, dynamic analysis, vibration analysis, airflow analysis, thermal analysis, psychometric analysis, rapid prototyping, and many more. So, the best technology in the entire world has been procured and being put to use for both designing and developing the air coolers. Also, many aspects help its air coolers to achieve extra-low power consumption.

The product range of the company includes:

  1. Evaporative Air Coolers:
  • Desert Coolers.
  • Room Coolers.
  • Personal Coolers.
  1. Air Conditioners:
  • Window Air Conditioners.
  • Split Air Conditioners.
  1. Water Heaters:
  • Sauna Heaters.

Some of the Achievements:

Some Awards:

  • Young Achiever Award.
  • Advertisement Award.
  • Viewer’s Choice Award.

Some Certificates:

  • Certificate for Saudi Arabian standards organization.
  • ISO90001.
  • Certificate for authorization to mark.
  • It also created the world's largest functioning air cooler, and Guinness World Records Ltd has certified the same.

Some of the Milestones:

  • 2010:
  • It introduced industrial air cooling solutions in India.
  • Also, the first summer campaign was launched.
  • 2011:
  • Introduced a TV campaign for the South American/ Mexico market, which was the first by any evaporative cooler company in that particular region.
  • 2012:
  • The Company won Award for Excellence in Financial Reporting by The Institute of Chartered Accountants of India for its Annual Report of Financial Year 2009-2010.
  • It also received coveted recognition of Star Export House from the Government of India.
  • Also, the Ministry of Science and Technology, Government of India granted the certificate of recognition to the company's in-house R&D center.
  • Launched Storm, it was the world's largest tower cooler, along with advanced electronics.

Read More
Key Data
  • Market cap 6278.00 CR.
  • Book value 92.77
  • Stock P/E 35
  • Dividend Yield 0.56%
  • ROCE 25.89%
  • ROE 18.55%
  • Sales Growth (3Y) 8.09%
  • Face Value (3Y) 2.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM 940.05 957.90
11 AM - -
12 PM - -
1 PM - -
2 PM - -
3 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : Bearish Engulfing
Candle Pattern 3 :None
Candlestick Price Action
Lower High Lower Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 852.45 885.75 919.05 934.35 952.35 967.65 985.65 1018.95 1052.25
woodie's 861.75 895.05 916.05 928.35 949.35 961.65 982.65 994.95 1028.25
fibonacci - 919.05 931.76 939.63 952.35 965.07 972.94 985.65 -
camarilla 931.34 940.49 943.54 946.60 -- 952.70 955.76 958.81 967.96
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 835.00
970.35
890.94 8.28 % 0.26 %
20 DAY 820.40
970.35
869.17 14.28 % -1.51 %
50 DAY 820.00
970.35
861.76 15.81 % 0.04 %
100 DAY 755.70
975.80
864.99 5.28 % 9.18 %
200 DAY 690.70
1408.95
982.65 -5.32 % 22.72 %
YTD 690.70
1408.95
972.82 -17.06 % -7.54 %
52 Week 690.70
1589.10
1105.63 -23.91 % -0.09 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Up On 2020-09-28
865.35 ~ 864.00 SUPPORT
Unfilled Gap Down On 2020-03-12
1200.00 ~ 1216.20 RESISTANCE
Unfilled Gap Down On 2016-09-14
1208.00 ~ 2290.00 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 20.14 %

In Last 5 Year the industry has grown by -2.67 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
SYMPHONY 487.00 525.00 446.00 764.00 798.00 844.00
WHIRLPOOL 4832.00 5398.00
VOLTAS 5266.00 5183.00 5720.00 6033.00 6404.00 7124.00
DIXON 1094.00 1201.00 1389.00 2457.00 2842.00 2984.00
BLUESTARCO 2934.00 3182.00 3798.00 4385.00 4639.00 5235.00
Total 2445.25 2522.75 2838.25 3409.75 3903.00 4317.00

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 WHIRLPOOL OF INDIA LTD. 27670.23 2181.50 188.08 32.30 75.45 3.23 71.33% 5398.00 410.00 7.60% 11.71% 16.81%
2 VOLTAS LTD. 22620.51 683.25 113.79 15.35 45.23 15.39 16.94% 7124.00 508.00 7.13% 11.24% 5.11% 7.30%
3 MIRC ELECTRONICS LTD. 11144.28 4.81 9.83
4 PG ELECTROPLAST LTD. 6411.18 34.50 92.99
5 BPL LTD. 6940.71 14.20 33.02
6 Symphony Limited 6631.99 949.65 104.06 13.19 92.57 6.57 16.50% 844.00 92.00 10.90% 5.76%
7 BLUE STAR LTD. 6124.09 636.50 96.23 19.74 41.36 10.00 6.96% 5235.00 190.00 3.63% 12.85% 31.94%
8 Johnson Controls-Hitachi Air Conditioning India Ltd 5978.48 2221.70 246.72
9 Dixon Technologies (India) Ltd 10147.79 8749.65 361.42 55.94 83.23 5.73 5.23% 2984.00 63.00 2.11% 5.00% 3.28%
10 Orient Electric Ltd 3859.25 182.00 15.05
11 Amber Enterprises India Ltd 6397.39 2037.00 326.97 29.78 53.02 3.03 8.52% 2718.00 94.00 3.46% 28.33% 51.61%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 8.68
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 14.36
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
SYMPHONY 2017-01-18 AXIS LONG TERM EQUITY FUND S 1926196.00 1183.00
SYMPHONY 2017-01-18 AXIS LONG TERM EQUITY FUND P 1926196.00 1183.00
SYMPHONY 2012-08-01 GITA MEHTA S 182930.00 310.10
SYMPHONY 2012-08-01 GOODWILL WAREHOUSING PRIVATE LIMITED P 305841.00 309.67
SYMPHONY 2009-05-07 JONAKIACHALBAKERI P 43161.00 45.75
SYMPHONY 2009-05-07 ROWENTA NETWORKS PVT. LTD. S 41320.00 45.72
SYMPHONY 2009-05-06 HIRWAACHALBAKERI P 75000.00 43.60
SYMPHONY 2009-05-06 JONAKIACHALBAKERI P 50000.00 43.60
SYMPHONY 2009-05-06 BLUBAY TECHNOLOGIES PVT. LTD. S 75000.00 43.60
SYMPHONY 2009-05-06 ROWENTA NETWORKS PVT. LTD. S 50000.00 43.60
SYMPHONY 2009-03-27 DARSHAK ENTERPRISE PVT LTD S 51029.00 39.89
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
Dividend history
Ex Date Amount
2020-02-17 2.00
2020-02-17 18.00
2019-11-21 2.00
2019-08-09 1.00
2019-07-04 1.50
2019-02-14 1.00
2018-11-06 1.00
2018-08-02 1.50
2018-08-02 1.00
2018-02-01 1.00
2017-11-07 1.00
2017-08-23 1.00
2017-08-23 1.00
2017-03-02 1.00
2016-11-03 1.00
2016-08-01 1.50
2016-03-17 20.00
2016-02-04 5.00
2015-10-15 10.00
2015-01-22 4.00
2014-09-11 11.00
2014-02-06 2.00
2013-12-05 6.50
2012-11-19 3.00
2012-11-19 2.50
2011-11-17 10.00
2010-12-09 2.50
2009-12-17 1.00
Bonus Data
Company Name Split Date From Value To Value
Symphony Limited 2016-09-14 1.00 1.00
Split Data
Company Name Split Date From Value To Value
Symphony Limited 2012-02-15 10.00 2.00