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Hindustan Oil Exploration Company Limited
Buy, Hold or Sell?

Let's analyze Hindustan Oil Exploration Company Limited together

I guess you are interested in Hindustan Oil Exploration Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Hindustan Oil Exploration Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Hindustan Oil Exploration Company Limited (30 sec.)










What can you expect buying and holding a share of Hindustan Oil Exploration Company Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
INR71.59
Expected worth in 1 year
INR130.26
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
INR58.67
Return On Investment
24.3%

For what price can you sell your share?

Current Price per Share
INR241.50
Expected price per share
INR165.80 - INR258.00
How sure are you?
50%
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1. Valuation of Hindustan Oil Exploration Company Limited (5 min.)




Live pricePrice per Share (EOD)

INR241.50

Intrinsic Value Per Share

INR63.76 - INR122.78

Total Value Per Share

INR135.35 - INR194.37

2. Growth of Hindustan Oil Exploration Company Limited (5 min.)




Is Hindustan Oil Exploration Company Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$112.7m$89.6m$23m20.5%

How much money is Hindustan Oil Exploration Company Limited making?

Current yearPrevious yearGrowGrow %
Making money$23m$2.3m$20.7m89.7%
Net Profit Margin34.7%12.8%--

How much money comes from the company's main activities?

3. Financial Health of Hindustan Oil Exploration Company Limited (5 min.)




4. Comparing to competitors in the Independent Oil & Gas industry (5 min.)




  Industry Rankings (Independent Oil & Gas)  

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What can you expect buying and holding a share of Hindustan Oil Exploration Company Limited? (5 min.)

Welcome investor! Hindustan Oil Exploration Company Limited's management wants to use your money to grow the business. In return you get a share of Hindustan Oil Exploration Company Limited.

What can you expect buying and holding a share of Hindustan Oil Exploration Company Limited?

First you should know what it really means to hold a share of Hindustan Oil Exploration Company Limited. And how you can make/lose money.

Speculation

The Price per Share of Hindustan Oil Exploration Company Limited is INR241.50. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Hindustan Oil Exploration Company Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Hindustan Oil Exploration Company Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR71.59. Based on the TTM, the Book Value Change Per Share is INR14.67 per quarter. Based on the YOY, the Book Value Change Per Share is INR1.48 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hindustan Oil Exploration Company Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.170.1%0.170.1%0.020.0%0.100.0%-0.060.0%
Usd Book Value Change Per Share0.170.1%0.170.1%0.020.0%0.100.0%0.090.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.170.1%0.170.1%0.020.0%0.100.0%0.090.0%
Usd Price Per Share1.43-1.43-2.62-1.43-1.08-
Price to Earnings Ratio8.19-8.19-145.49-38.37-33.72-
Price-to-Total Gains Ratio8.19-8.19-148.68-39.00-27.49-
Price to Book Ratio1.68-1.68-3.86-2.22-2.22-
Price-to-Total Gains Ratio8.19-8.19-148.68-39.00-27.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.87385
Number of shares347
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.170.10
Usd Total Gains Per Share0.170.10
Gains per Quarter (347 shares)60.5735.19
Gains per Year (347 shares)242.28140.76
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
102422320141131
204854740282272
307277160422413
409699580563554
50121112000704695
60145414420845836
70169616840985977
8019381926011261118
9021802168012671259
10024232410014081400

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%8.02.00.080.0%8.02.00.080.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.010.00.0%0.00.010.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.01.00.090.0%9.01.00.090.0%
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Fundamentals of Hindustan Oil Exploration Company Limited

About Hindustan Oil Exploration Company Limited

Hindustan Oil Exploration Company Limited engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India. It holds interests in various oil and gas blocks/fields. The company's oil and gas assets portfolio consist of operated and non-operated acreages in Assam, Cauvery, and Cambay basins. As of March 31, 2020, its estimated proved and probable reserves on working interest basis were 26.65 million barrels of oil equivalent. The company, through its subsidiary, Hindage Oilfield Services Limited, focuses on oil field equipment and service sector. Hindustan Oil Exploration Company Limited was incorporated in 1983 and is based in Chennai, India.

Fundamental data was last updated by Penke on 2024-07-15 01:24:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of Hindustan Oil Exploration Company Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Hindustan Oil Exploration Company Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • A Net Profit Margin of 34.7%¬†means that¬†₹0.35 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 34.7%. The company is making a huge profit. +2
  • The TTM is 34.7%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ34.7%TTM34.7%0.0%
TTM34.7%YOY12.8%+21.9%
TTM34.7%5Y44.3%-9.6%
5Y44.3%10Y-175.6%+219.9%
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ34.7%34.7%+0.0%
TTM34.7%34.7%+0.0%
YOY12.8%12.8%+0.0%
5Y44.3%44.3%+0.0%
10Y-175.6%-175.6%+0.0%
1.1.2. Return on Assets

Shows how efficient Hindustan Oil Exploration Company Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • 10.5% Return on Assets means that¬†Hindustan Oil Exploration Company Limited generated¬†₹0.10 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 10.5%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 10.5%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ10.5%TTM10.5%0.0%
TTM10.5%YOY1.3%+9.2%
TTM10.5%5Y10.2%+0.3%
5Y10.2%10Y-22.2%+32.4%
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ10.5%10.5%0.0%
TTM10.5%10.5%0.0%
YOY1.3%1.3%+0.0%
5Y10.2%10.2%0.0%
10Y-22.2%-22.2%0.0%
1.1.3. Return on Equity

Shows how efficient Hindustan Oil Exploration Company Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • 20.5% Return on Equity means Hindustan Oil Exploration Company Limited generated ₹0.20¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 20.5%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 20.5%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ20.5%TTM20.5%0.0%
TTM20.5%YOY2.7%+17.8%
TTM20.5%5Y15.9%+4.6%
5Y15.9%10Y-35.6%+51.5%
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ20.5%20.5%0.0%
TTM20.5%20.5%0.0%
YOY2.7%2.7%0.0%
5Y15.9%15.9%+0.0%
10Y-35.6%-35.6%+0.0%
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1.2. Operating Efficiency of Hindustan Oil Exploration Company Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hindustan Oil Exploration Company Limited is operating .

  • Measures how much profit Hindustan Oil Exploration Company Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y32.4%-32.4%
5Y32.4%10Y-2.5%+34.9%
1.2.2. Operating Ratio

Measures how efficient Hindustan Oil Exploration Company Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Independent Oil & Gas industry mean).
  • An Operation Ratio of 0.35 means that the operating costs are ₹0.35 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.347. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.347. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.347TTM0.3470.000
TTM0.347YOY0.359-0.012
TTM0.3475Y0.500-0.153
5Y0.50010Y1.222-0.722
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3470.347+0.000
TTM0.3470.347+0.000
YOY0.3590.3590.000
5Y0.5000.5000.000
10Y1.2221.2220.000
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1.3. Liquidity of Hindustan Oil Exploration Company Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hindustan Oil Exploration Company Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Independent Oil & Gas industry mean).
  • A Current Ratio of 0.86¬†means the company has ₹0.86 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.858. The company is just not able to pay all its short-term debts. -1
  • The TTM is 0.858. The company is just not able to pay all its short-term debts. -1
Trends
Current periodCompared to+/- 
MRQ0.858TTM0.8580.000
TTM0.858YOY0.478+0.380
TTM0.8585Y1.515-0.657
5Y1.51510Y2.364-0.849
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8580.858+0.000
TTM0.8580.858+0.000
YOY0.4780.478+0.000
5Y1.5151.515+0.000
10Y2.3642.364+0.000
1.3.2. Quick Ratio

Measures if Hindustan Oil Exploration Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • A Quick Ratio of 0.78¬†means the company can pay off ₹0.78 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.777. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.777. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.777TTM0.7770.000
TTM0.777YOY0.236+0.541
TTM0.7775Y1.709-0.931
5Y1.70910Y2.197-0.488
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7770.777+0.000
TTM0.7770.777+0.000
YOY0.2360.2360.000
5Y1.7091.7090.000
10Y2.1972.1970.000
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1.4. Solvency of Hindustan Oil Exploration Company Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hindustan Oil Exploration Company Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Hindustan Oil Exploration Company Limited to Independent Oil & Gas industry mean.
  • A Debt to Asset Ratio of 0.49¬†means that Hindustan Oil Exploration Company Limited assets are¬†financed with 48.8% credit (debt) and the remaining percentage (100% - 48.8%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.488. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.488. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.488TTM0.4880.000
TTM0.488YOY0.507-0.019
TTM0.4885Y0.397+0.091
5Y0.39710Y0.404-0.007
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4880.488+0.000
TTM0.4880.488+0.000
YOY0.5070.5070.000
5Y0.3970.3970.000
10Y0.4040.4040.000
1.4.2. Debt to Equity Ratio

Measures if Hindustan Oil Exploration Company Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • A Debt to Equity ratio of 95.3% means that company has ₹0.95 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hindustan Oil Exploration Company Limited:

  • The MRQ is 0.953. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.953. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.953TTM0.9530.000
TTM0.953YOY1.028-0.074
TTM0.9535Y0.696+0.257
5Y0.69610Y0.770-0.073
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9530.953+0.000
TTM0.9530.953+0.000
YOY1.0281.0280.000
5Y0.6960.696+0.000
10Y0.7700.7700.000
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2. Market Valuation of Hindustan Oil Exploration Company Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Hindustan Oil Exploration Company Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†Hindustan Oil Exploration Company Limited to the¬†Independent Oil & Gas industry mean.
  • A PE ratio of 8.19 means the investor is paying ₹8.19¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hindustan Oil Exploration Company Limited:

  • The EOD is 16.467. Based on the earnings, the company is fair priced.
  • The MRQ is 8.189. Based on the earnings, the company is underpriced. +1
  • The TTM is 8.189. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.467MRQ8.189+8.278
MRQ8.189TTM8.1890.000
TTM8.189YOY145.491-137.302
TTM8.1895Y38.374-30.185
5Y38.37410Y33.719+4.656
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
EOD16.46716.123+0.344
MRQ8.1898.189+0.000
TTM8.1898.189+0.000
YOY145.491145.491+0.000
5Y38.37438.374+0.000
10Y33.71933.7190.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hindustan Oil Exploration Company Limited:

  • The EOD is 21.639. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 10.761. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 10.761. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD21.639MRQ10.761+10.878
MRQ10.761TTM10.7610.000
TTM10.761YOY-18.407+29.168
TTM10.7615Y11.677-0.916
5Y11.67710Y10.727+0.951
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
EOD21.63921.186+0.453
MRQ10.76110.761+0.000
TTM10.76110.761+0.000
YOY-18.407-18.4070.000
5Y11.67711.677+0.000
10Y10.72710.7270.000
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hindustan Oil Exploration Company Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Independent Oil & Gas industry mean).
  • A PB ratio of 1.68 means the investor is paying ₹1.68¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Hindustan Oil Exploration Company Limited:

  • The EOD is 3.373. Based on the equity, the company is fair priced.
  • The MRQ is 1.678. Based on the equity, the company is underpriced. +1
  • The TTM is 1.678. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD3.373MRQ1.678+1.696
MRQ1.678TTM1.6780.000
TTM1.678YOY3.862-2.185
TTM1.6785Y2.225-0.547
5Y2.22510Y2.225+0.000
Compared to industry (Independent Oil & Gas)
PeriodCompanyIndustry (mean)+/- 
EOD3.3733.303+0.070
MRQ1.6781.6780.000
TTM1.6781.6780.000
YOY3.8623.862+0.000
5Y2.2252.2250.000
10Y2.2252.2250.000
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hindustan Oil Exploration Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--14.66814.6680%1.479+892%8.522+72%7.159+105%
Book Value Per Share--71.58871.5880%56.920+26%55.240+30%41.583+72%
Current Ratio--0.8580.8580%0.478+79%1.515-43%2.364-64%
Debt To Asset Ratio--0.4880.4880%0.507-4%0.397+23%0.404+21%
Debt To Equity Ratio--0.9530.9530%1.028-7%0.696+37%0.770+24%
Dividend Per Share----0%-0%-0%-0%
Eps--14.66614.6660%1.511+871%8.494+73%-5.317+136%
Free Cash Flow Per Share--11.16111.1610%-11.944+207%-3.498+131%-1.372+112%
Free Cash Flow To Equity Per Share--9.1039.1030%-3.670+140%0.889+924%0.240+3698%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--122.782--------
Intrinsic Value_10Y_min--63.759--------
Intrinsic Value_1Y_max---0.092--------
Intrinsic Value_1Y_min---3.964--------
Intrinsic Value_3Y_max--9.171--------
Intrinsic Value_3Y_min---3.013--------
Intrinsic Value_5Y_max--29.823--------
Intrinsic Value_5Y_min--7.680--------
Market Cap31936684500.000+50%15890834536.00015890834536.0000%29089092196.000-45%15889820537.300+0%11974354478.650+33%
Net Profit Margin--0.3470.3470%0.128+170%0.443-22%-1.756+606%
Operating Margin----0%-0%0.324-100%-0.0250%
Operating Ratio--0.3470.3470%0.359-3%0.500-31%1.222-72%
Pb Ratio3.373+50%1.6781.6780%3.862-57%2.225-25%2.225-25%
Pe Ratio16.467+50%8.1898.1890%145.491-94%38.374-79%33.719-76%
Price Per Share241.500+50%120.100120.1000%219.850-45%120.1200%90.530+33%
Price To Free Cash Flow Ratio21.639+50%10.76110.7610%-18.407+271%11.677-8%10.727+0%
Price To Total Gains Ratio16.464+50%8.1888.1880%148.682-94%38.995-79%27.485-70%
Quick Ratio--0.7770.7770%0.236+229%1.709-55%2.197-65%
Return On Assets--0.1050.1050%0.013+701%0.102+3%-0.222+312%
Return On Equity--0.2050.2050%0.027+672%0.159+29%-0.356+274%
Total Gains Per Share--14.66814.6680%1.479+892%8.522+72%7.159+105%
Usd Book Value--112717097.500112717097.5000%89621589.400+26%86951872.000+30%65449762.576+72%
Usd Book Value Change Per Share--0.1750.1750%0.018+892%0.101+72%0.085+105%
Usd Book Value Per Share--0.8520.8520%0.677+26%0.657+30%0.495+72%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.1750.1750%0.018+871%0.101+73%-0.063+136%
Usd Free Cash Flow--17572670.50017572670.5000%-18805581.900+207%-5505270.820+131%-2158538.282+112%
Usd Free Cash Flow Per Share--0.1330.1330%-0.142+207%-0.042+131%-0.016+112%
Usd Free Cash Flow To Equity Per Share--0.1080.1080%-0.044+140%0.011+924%0.003+3698%
Usd Market Cap380046545.550+50%189100930.978189100930.9780%346160197.132-45%189088864.394+0%142494818.296+33%
Usd Price Per Share2.874+50%1.4291.4290%2.616-45%1.4290%1.077+33%
Usd Profit--23091735.80023091735.8000%2379250.300+871%13370061.740+73%-8365194.482+136%
Usd Revenue--66510920.70066510920.7000%18531298.800+259%30837671.900+116%18567014.268+258%
Usd Total Gains Per Share--0.1750.1750%0.018+892%0.101+72%0.085+105%
 EOD+4 -4MRQTTM+0 -0YOY+27 -55Y+25 -810Y+25 -7

3.2. Fundamental Score

Let's check the fundamental score of Hindustan Oil Exploration Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.467
Price to Book Ratio (EOD)Between0-13.373
Net Profit Margin (MRQ)Greater than00.347
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.777
Current Ratio (MRQ)Greater than10.858
Debt to Asset Ratio (MRQ)Less than10.488
Debt to Equity Ratio (MRQ)Less than10.953
Return on Equity (MRQ)Greater than0.150.205
Return on Assets (MRQ)Greater than0.050.105
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Hindustan Oil Exploration Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.706
Ma 20Greater thanMa 50218.685
Ma 50Greater thanMa 100201.834
Ma 100Greater thanMa 200195.286
OpenGreater thanClose238.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Retained Earnings  -3,744,2411,332,187-2,412,054534,614-1,877,440199,531-1,677,9091,940,799262,890



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets18,502,854
Total Liabilities9,030,829
Total Stockholder Equity9,472,025
 As reported
Total Liabilities 9,030,829
Total Stockholder Equity+ 9,472,025
Total Assets = 18,502,854

Assets

Total Assets18,502,854
Total Current Assets4,687,804
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 779,654
Short-term Investments 1,147,602
Net Receivables 1,169,536
Inventory 809,376
Other Current Assets 12,244
Total Current Assets  (as reported)4,687,804
Total Current Assets  (calculated)3,918,412
+/- 769,392
Long-term Assets
Property Plant Equipment 12,652,056
Intangible Assets 98,555
Long-term Assets  (as reported)0
Long-term Assets  (calculated)12,750,611
+/- 12,750,611

Liabilities & Shareholders' Equity

Total Current Liabilities5,461,857
Long-term Liabilities0
Total Stockholder Equity9,472,025
Total Current Liabilities
Short-term Debt 1,565,865
Total Current Liabilities  (as reported)5,461,857
Total Current Liabilities  (calculated)1,565,865
+/- 3,895,992
Long-term Liabilities
Long term Debt Total 933,533
Long term Debt 933,533
Capital Lease Obligations Min Short Term Debt-1,565,865
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)301,201
+/- 301,201
Total Stockholder Equity
Common Stock1,322,593
Retained Earnings 262,890
Capital Surplus 7,886,542
Total Stockholder Equity (as reported)9,472,025
Total Stockholder Equity (calculated)9,472,025
+/-0
Other
Cash And Equivalents512
Cash and Short Term Investments 1,927,768
Common Stock Shares Outstanding 132,313
Liabilities and Stockholders Equity 18,502,854
Net Working Capital -774,053



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
16,619,852
4,348,204
4,914,637
5,247,564
5,435,229
7,341,475
10,358,426
11,851,492
15,272,425
18,502,854
18,502,85415,272,42511,851,49210,358,4267,341,4755,435,2295,247,5644,914,6374,348,20416,619,852
   > Total Current Assets 
1,014,007
1,533,396
2,433,417
2,352,250
2,017,297
2,451,459
2,667,093
2,267,331
1,668,984
4,687,804
4,687,8041,668,9842,267,3312,667,0932,451,4592,017,2972,352,2502,433,4171,533,3961,014,007
       Cash And Cash Equivalents 
131,670
75,367
17,007
18,300
150,930
83,269
332,115
381,598
652,764
779,654
779,654652,764381,598332,11583,269150,93018,30017,00775,367131,670
       Short-term Investments 
305,516
275,902
0
1,602,129
506,465
1,197,437
1,004,781
700,026
3,905
1,147,602
1,147,6023,905700,0261,004,7811,197,437506,4651,602,1290275,902305,516
       Net Receivables 
88,726
58,578
40,259
51,557
176,781
409,392
363,674
311,718
162,125
1,169,536
1,169,536162,125311,718363,674409,392176,78151,55740,25958,57888,726
       Inventory 
397,917
264,867
243,420
246,969
282,747
278,286
265,874
360,958
309,845
809,376
809,376309,845360,958265,874278,286282,747246,969243,420264,867397,917
       Other Current Assets 
80,130
848,581
1,929
2,890
1,473
1,495
1,720
1,851
9,586
12,244
12,2449,5861,8511,7201,4951,4732,8901,929848,58180,130
   > Long-term Assets 
0
0
0
2,894,961
3,419,028
4,890,016
7,691,333
0
0
0
0007,691,3334,890,0163,419,0282,894,961000
       Property Plant Equipment 
13,950,339
1,976,248
1,981,016
2,350,912
2,755,523
3,954,237
6,707,098
8,566,789
12,563,577
12,652,056
12,652,05612,563,5778,566,7896,707,0983,954,2372,755,5232,350,9121,981,0161,976,24813,950,339
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0000000000
       Intangible Assets 
500
334
365
19,850
98,275
102,699
98,217
93,735
97,052
98,555
98,55597,05293,73598,217102,69998,27519,850365334500
> Total Liabilities 
11,260,457
1,540,952
1,861,410
1,834,112
1,603,155
1,939,102
3,561,345
4,519,797
7,741,199
9,030,829
9,030,8297,741,1994,519,7973,561,3451,939,1021,603,1551,834,1121,861,4101,540,95211,260,457
   > Total Current Liabilities 
3,181,466
435,743
634,525
674,521
411,323
657,993
2,140,621
1,787,503
3,488,918
5,461,857
5,461,8573,488,9181,787,5032,140,621657,993411,323674,521634,525435,7433,181,466
       Short-term Debt 
9,468,126
0
0
0
0
117,589
128,156
0
399,842
1,565,865
1,565,865399,8420128,156117,58900009,468,126
       Short Long Term Debt 
9,468,126
0
0
0
0
118,297
128,933
0
0
0
000128,933118,29700009,468,126
       Accounts payable 
191,384
152,662
92,168
182,205
180,686
162,765
658,859
0
0
0
000658,859162,765180,686182,20592,168152,662191,384
       Other Current Liabilities 
507,184
264,878
533,564
484,011
213,862
344,705
1,318,442
0
0
0
0001,318,442344,705213,862484,011533,564264,878507,184
   > Long-term Liabilities 
0
0
0
1,159,591
1,191,832
1,281,109
1,420,723
0
0
0
0001,420,7231,281,1091,191,8321,159,591000
       Long term Debt Total 
0
0
0
0
2,486
1,776
319,693
1,591,685
2,046,145
933,533
933,5332,046,1451,591,685319,6931,7762,4860000
> Total Stockholder Equity
5,359,395
2,807,252
3,053,227
3,413,452
3,832,074
5,402,373
6,797,081
7,331,695
7,531,226
9,472,025
9,472,0257,531,2267,331,6956,797,0815,402,3733,832,0743,413,4523,053,2272,807,2525,359,395
   Common Stock
1,304,933
1,304,933
1,305,093
1,305,093
1,305,093
1,305,093
1,322,593
1,322,593
1,322,593
1,322,593
1,322,5931,322,5931,322,5931,322,5931,305,0931,305,0931,305,0931,305,0931,304,9331,304,933
   Retained Earnings Total Equity0000000000
   Accumulated Other Comprehensive Income 0000000000
   Capital Surplus 
0
0
7,841,521
7,841,521
7,841,521
7,841,521
7,886,542
7,886,542
7,886,542
7,886,542
7,886,5427,886,5427,886,5427,886,5427,841,5217,841,5217,841,5217,841,52100
   Treasury Stock0000000000
   Other Stockholders Equity 
-35,274
9,608,610
9,608,610
9,608,610
9,653,631
9,658,116
9,613,094
0
0
0
0009,613,0949,658,1169,653,6319,608,6109,608,6109,608,610-35,274



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue5,589,153
Cost of Revenue-1,939,846
Gross Profit3,649,3073,649,307
 
Operating Income (+$)
Gross Profit3,649,307
Operating Expense-0
Operating Income2,491,7673,649,307
 
Operating Expense (+$)
Research Development0
Selling General Administrative292,088
Selling And Marketing Expenses0
Operating Expense0292,088
 
Net Interest Income (+$)
Interest Income446,499
Interest Expense-1,492
Other Finance Cost-445,007
Net Interest Income0
 
Pretax Income (+$)
Operating Income2,491,767
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,972,9182,491,767
EBIT - interestExpense = -1,492
1,940,482
1,941,974
Interest Expense1,492
Earnings Before Interest and Taxes (EBIT)01,974,410
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,972,918
Tax Provision-32,436
Net Income From Continuing Ops01,940,482
Net Income1,940,482
Net Income Applicable To Common Shares1,940,482
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Hindustan Oil Exploration Company Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Hindustan Oil Exploration Company Limited. The general trend of Hindustan Oil Exploration Company Limited is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Hindustan Oil Exploration Company Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Hindustan Oil Exploration Company Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 258.00.

The bearish price targets are: 221.70 > 211.60 > 165.80.

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Hindustan Oil Exploration Company Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Hindustan Oil Exploration Company Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Hindustan Oil Exploration Company Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Hindustan Oil Exploration Company Limited. The current macd is 12.16.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hindustan Oil Exploration Company Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hindustan Oil Exploration Company Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Hindustan Oil Exploration Company Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Hindustan Oil Exploration Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartHindustan Oil Exploration Company Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Hindustan Oil Exploration Company Limited. The current adx is 30.87.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Hindustan Oil Exploration Company Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Hindustan Oil Exploration Company Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hindustan Oil Exploration Company Limited. The current sar is 251.50.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Hindustan Oil Exploration Company Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Hindustan Oil Exploration Company Limited. The current rsi is 66.71. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Hindustan Oil Exploration Company Limited Daily Relative Strength Index (RSI) ChartHindustan Oil Exploration Company Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Hindustan Oil Exploration Company Limited. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Hindustan Oil Exploration Company Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Hindustan Oil Exploration Company Limited Daily Stochastic Oscillator ChartHindustan Oil Exploration Company Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Hindustan Oil Exploration Company Limited. The current cci is 83.87.

Hindustan Oil Exploration Company Limited Daily Commodity Channel Index (CCI) ChartHindustan Oil Exploration Company Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Hindustan Oil Exploration Company Limited. The current cmo is 34.97.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Hindustan Oil Exploration Company Limited Daily Chande Momentum Oscillator (CMO) ChartHindustan Oil Exploration Company Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Hindustan Oil Exploration Company Limited. The current willr is -20.6185567.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Hindustan Oil Exploration Company Limited is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Hindustan Oil Exploration Company Limited Daily Williams %R ChartHindustan Oil Exploration Company Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Hindustan Oil Exploration Company Limited.

Hindustan Oil Exploration Company Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Hindustan Oil Exploration Company Limited. The current atr is 12.44.

Hindustan Oil Exploration Company Limited Daily Average True Range (ATR) ChartHindustan Oil Exploration Company Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Hindustan Oil Exploration Company Limited. The current obv is 11,219,995.

Hindustan Oil Exploration Company Limited Daily On-Balance Volume (OBV) ChartHindustan Oil Exploration Company Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Hindustan Oil Exploration Company Limited. The current mfi is 71.53.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Hindustan Oil Exploration Company Limited Daily Money Flow Index (MFI) ChartHindustan Oil Exploration Company Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hindustan Oil Exploration Company Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-05WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-03SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-05-06CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-13STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-17SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-06-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-06-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-06-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-26WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-11STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-18ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-22MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-07-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Hindustan Oil Exploration Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hindustan Oil Exploration Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5066.706
Ma 20Greater thanMa 50218.685
Ma 50Greater thanMa 100201.834
Ma 100Greater thanMa 200195.286
OpenGreater thanClose238.000
Total4/5 (80.0%)
Penke

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