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Hardwyn India Limited
Buy, Hold or Sell?

Let's analyse Hardwyn together

PenkeI guess you are interested in Hardwyn India 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 Hardwyn India 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.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Hardwyn (30 sec.)










What can you expect buying and holding a share of Hardwyn? (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
INR10.81
Expected worth in 1 year
INR52.29
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR41.48
Return On Investment
124.8%

For what price can you sell your share?

Current Price per Share
INR33.25
Expected price per share
INR23.81 - INR39.30
How sure are you?
50%

1. Valuation of Hardwyn (5 min.)




Live pricePrice per Share (EOD)

INR33.25

Intrinsic Value Per Share

INR-2.19 - INR0.95

Total Value Per Share

INR8.62 - INR11.76

2. Growth of Hardwyn (5 min.)




Is Hardwyn growing?

Current yearPrevious yearGrowGrow %
How rich?$45.2m$1.8m$43.4m95.9%

How much money is Hardwyn making?

Current yearPrevious yearGrowGrow %
Making money$1.1m$408.8k$704.8k63.3%
Net Profit Margin5.6%4.0%--

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

3. Financial Health of Hardwyn (5 min.)




4. Comparing to competitors in the Building Products & Equipment industry (5 min.)




  Industry Rankings (Building Products & Equipment)  


Richest
#165 / 226

Most Revenue
#183 / 226

Most Profit
#135 / 226

What can you expect buying and holding a share of Hardwyn? (5 min.)

Welcome investor! Hardwyn's management wants to use your money to grow the business. In return you get a share of Hardwyn.

What can you expect buying and holding a share of Hardwyn?

First you should know what it really means to hold a share of Hardwyn. And how you can make/lose money.

Speculation

The Price per Share of Hardwyn is INR33.25. 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 Hardwyn.
  • 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 Hardwyn, 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 INR10.81. Based on the TTM, the Book Value Change Per Share is INR10.37 per quarter. Based on the YOY, the Book Value Change Per Share is INR0.10 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 Hardwyn.

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 Eps0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Book Value Change Per Share0.120.4%0.120.4%0.000.0%0.030.1%0.020.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.120.4%0.120.4%0.000.0%0.030.1%0.020.1%
Usd Price Per Share3.13-3.13-0.00-0.63-0.52-
Price to Earnings Ratio785.77-785.77-0.00-157.15-130.96-
Price-to-Total Gains Ratio25.12-25.12-25.12-25.12-
Price to Book Ratio24.10-24.10-0.00-4.82-4.02-
Price-to-Total Gains Ratio25.12-25.12-25.12-25.12-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.399
Number of shares2506
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.120.03
Usd Total Gains Per Share0.120.03
Gains per Quarter (2506 shares)311.8763.80
Gains per Year (2506 shares)1,247.47255.20
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10124712370255245
20249524840510500
30374237310766755
4049904978010211010
5062376225012761265
6074857472015311520
7087328719017861775
8099809966020422030
901122711213022972285
1001247512460025522540

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%6.00.00.0100.0%6.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.06.00.0%0.00.06.00.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%6.00.00.0100.0%6.00.00.0100.0%

Fundamentals of Hardwyn

About Hardwyn India Limited

Hardwyn India Limited manufactures and trades in architectural hardware and glass fittings to residential and commercial structures under the Hardwyn brand in India. The company offers door closers, floor springs, glass patch fittings, point fixed architectural fittings, shower enclosure fittings, shower hinges, plastic profiles, mortise handle and locks, spider fittings, shower sliding system, motion gate series, automatic and shower doors, stainless steel railings and balustrades, brass and zinc handles, cylindrical and furniture locks, telescopic channels, and electronic safes, as well as bathroom accessories and aluminum profile products. The company was formerly known as Garv Industries Limited and changed its name to Hardwyn India Limited in January 2020. Hardwyn India Limited was founded in 1965 and is based in New Delhi, India.

Fundamental data was last updated by Penke on 2024-03-09 02:55:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is 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 expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Hardwyn India Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Hardwyn earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Hardwyn to the Building Products & Equipment industry mean.
  • A Net Profit Margin of 5.6% means that ₹0.06 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hardwyn India Limited:

  • The MRQ is 5.6%. The company is making a profit. +1
  • The TTM is 5.6%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ5.6%TTM5.6%0.0%
TTM5.6%YOY4.0%+1.6%
TTM5.6%5Y2.7%+3.0%
5Y2.7%10Y2.3%+0.4%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ5.6%4.4%+1.2%
TTM5.6%4.4%+1.2%
YOY4.0%5.7%-1.7%
5Y2.7%5.0%-2.3%
10Y2.3%4.9%-2.6%
1.1.2. Return on Assets

Shows how efficient Hardwyn is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Hardwyn to the Building Products & Equipment industry mean.
  • 2.2% Return on Assets means that Hardwyn generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hardwyn India Limited:

  • The MRQ is 2.2%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.2%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.2%TTM2.2%0.0%
TTM2.2%YOY6.0%-3.8%
TTM2.2%5Y2.6%-0.4%
5Y2.6%10Y2.3%+0.3%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2%1.5%+0.7%
TTM2.2%1.4%+0.8%
YOY6.0%1.9%+4.1%
5Y2.6%1.6%+1.0%
10Y2.3%1.6%+0.7%
1.1.3. Return on Equity

Shows how efficient Hardwyn is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Hardwyn to the Building Products & Equipment industry mean.
  • 2.5% Return on Equity means Hardwyn generated ₹0.02 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hardwyn India Limited:

  • The MRQ is 2.5%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.5%TTM2.5%0.0%
TTM2.5%YOY22.2%-19.7%
TTM2.5%5Y7.8%-5.3%
5Y7.8%10Y6.6%+1.1%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ2.5%3.2%-0.7%
TTM2.5%3.0%-0.5%
YOY22.2%3.5%+18.7%
5Y7.8%3.2%+4.6%
10Y6.6%3.2%+3.4%

1.2. Operating Efficiency of Hardwyn India Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Hardwyn is operating .

  • Measures how much profit Hardwyn 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 Hardwyn to the Building Products & Equipment industry mean.
  • An Operating Margin of 8.5% means the company generated ₹0.08  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hardwyn India Limited:

  • The MRQ is 8.5%. The company is operating less efficient.
  • The TTM is 8.5%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ8.5%TTM8.5%0.0%
TTM8.5%YOY6.1%+2.4%
TTM8.5%5Y4.6%+3.9%
5Y4.6%10Y3.9%+0.7%
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ8.5%7.4%+1.1%
TTM8.5%5.5%+3.0%
YOY6.1%7.5%-1.4%
5Y4.6%7.3%-2.7%
10Y3.9%6.7%-2.8%
1.2.2. Operating Ratio

Measures how efficient Hardwyn is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • An Operation Ratio of 0.92 means that the operating costs are ₹0.92 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Hardwyn India Limited:

  • The MRQ is 0.919. The company is less efficient in keeping operating costs low.
  • The TTM is 0.919. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.919TTM0.9190.000
TTM0.919YOY0.941-0.021
TTM0.9195Y0.955-0.035
5Y0.95510Y0.961-0.007
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9191.393-0.474
TTM0.9191.308-0.389
YOY0.9411.146-0.205
5Y0.9551.187-0.232
10Y0.9611.111-0.150

1.3. Liquidity of Hardwyn India Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Hardwyn is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A Current Ratio of 1.74 means the company has ₹1.74 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Hardwyn India Limited:

  • The MRQ is 1.739. The company is able to pay all its short-term debts. +1
  • The TTM is 1.739. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.739TTM1.7390.000
TTM1.739YOY1.349+0.389
TTM1.7395Y2.614-0.875
5Y2.61410Y2.870-0.257
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ1.7391.685+0.054
TTM1.7391.670+0.069
YOY1.3491.688-0.339
5Y2.6141.664+0.950
10Y2.8701.528+1.342
1.3.2. Quick Ratio

Measures if Hardwyn is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Hardwyn to the Building Products & Equipment industry mean.
  • A Quick Ratio of 0.68 means the company can pay off ₹0.68 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hardwyn India Limited:

  • The MRQ is 0.679. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.679. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.679TTM0.6790.000
TTM0.679YOY1.043-0.364
TTM0.6795Y1.970-1.290
5Y1.97010Y1.653+0.316
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6790.739-0.060
TTM0.6790.757-0.078
YOY1.0430.827+0.216
5Y1.9700.880+1.090
10Y1.6530.855+0.798

1.4. Solvency of Hardwyn India Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Hardwyn assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Hardwyn to Building Products & Equipment industry mean.
  • A Debt to Asset Ratio of 0.10 means that Hardwyn assets are financed with 9.8% credit (debt) and the remaining percentage (100% - 9.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Hardwyn India Limited:

  • The MRQ is 0.098. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.098. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.098TTM0.0980.000
TTM0.098YOY0.731-0.633
TTM0.0985Y0.424-0.326
5Y0.42410Y0.393+0.031
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0980.488-0.390
TTM0.0980.489-0.391
YOY0.7310.488+0.243
5Y0.4240.514-0.090
10Y0.3930.505-0.112
1.4.2. Debt to Equity Ratio

Measures if Hardwyn is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Hardwyn to the Building Products & Equipment industry mean.
  • A Debt to Equity ratio of 11.0% means that company has ₹0.11 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hardwyn India Limited:

  • The MRQ is 0.110. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.110. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.110TTM0.1100.000
TTM0.110YOY2.716-2.606
TTM0.1105Y1.201-1.091
5Y1.20110Y1.054+0.147
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1100.903-0.793
TTM0.1100.968-0.858
YOY2.7160.952+1.764
5Y1.2011.106+0.095
10Y1.0541.086-0.032

2. Market Valuation of Hardwyn India 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 Hardwyn generates.

  • Above 15 is considered overpriced but always compare Hardwyn to the Building Products & Equipment industry mean.
  • A PE ratio of 785.77 means the investor is paying ₹785.77 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hardwyn India Limited:

  • The EOD is 100.295. Based on the earnings, the company is expensive. -2
  • The MRQ is 785.770. Based on the earnings, the company is expensive. -2
  • The TTM is 785.770. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD100.295MRQ785.770-685.475
MRQ785.770TTM785.7700.000
TTM785.770YOY-+785.770
TTM785.7705Y157.154+628.616
5Y157.15410Y130.962+26.192
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD100.29514.393+85.902
MRQ785.77012.855+772.915
TTM785.77012.350+773.420
YOY-12.804-12.804
5Y157.15417.675+139.479
10Y130.96218.268+112.694
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hardwyn India Limited:

  • The EOD is -819.123. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6,417.489. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6,417.489. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-819.123MRQ-6,417.489+5,598.366
MRQ-6,417.489TTM-6,417.4890.000
TTM-6,417.489YOY--6,417.489
TTM-6,417.4895Y-1,283.498-5,133.991
5Y-1,283.49810Y-1,069.582-213.916
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD-819.1235.788-824.911
MRQ-6,417.4895.482-6,422.971
TTM-6,417.4893.859-6,421.348
YOY-4.462-4.462
5Y-1,283.4983.607-1,287.105
10Y-1,069.5824.254-1,073.836
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Hardwyn is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Building Products & Equipment industry mean).
  • A PB ratio of 24.10 means the investor is paying ₹24.10 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Hardwyn India Limited:

  • The EOD is 3.076. Based on the equity, the company is fair priced.
  • The MRQ is 24.097. Based on the equity, the company is expensive. -2
  • The TTM is 24.097. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD3.076MRQ24.097-21.021
MRQ24.097TTM24.0970.000
TTM24.097YOY-+24.097
TTM24.0975Y4.819+19.277
5Y4.81910Y4.016+0.803
Compared to industry (Building Products & Equipment)
PeriodCompanyIndustry (mean)+/- 
EOD3.0761.759+1.317
MRQ24.0971.881+22.216
TTM24.0971.910+22.187
YOY-2.070-2.070
5Y4.8191.990+2.829
10Y4.0162.099+1.917
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Hardwyn India 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--10.37110.3710%0.098+10519%2.122+389%1.802+476%
Book Value Per Share--10.81110.8110%0.440+2358%2.437+344%2.065+424%
Current Ratio--1.7391.7390%1.349+29%2.614-33%2.870-39%
Debt To Asset Ratio--0.0980.0980%0.731-87%0.424-77%0.393-75%
Debt To Equity Ratio--0.1100.1100%2.716-96%1.201-91%1.054-90%
Dividend Per Share----0%-0%-0%-0%
Eps--0.3320.3320%0.098+239%0.095+248%0.080+315%
Free Cash Flow Per Share---0.041-0.0410%-0.025-38%-0.052+29%-0.076+88%
Free Cash Flow To Equity Per Share--0.0010.0010%0.006-79%0.006-79%0.006-78%
Gross Profit Margin--0.9240.9240%0.894+3%0.607+52%0.672+37%
Intrinsic Value_10Y_max--0.949--------
Intrinsic Value_10Y_min---2.193--------
Intrinsic Value_1Y_max---0.021--------
Intrinsic Value_1Y_min---0.100--------
Intrinsic Value_3Y_max--0.026--------
Intrinsic Value_3Y_min---0.405--------
Intrinsic Value_5Y_max--0.180--------
Intrinsic Value_5Y_min---0.824--------
Market Cap11600292984.000-683%90884479719.50090884479719.5000%-+100%18176895943.900+400%15147413286.583+500%
Net Profit Margin--0.0560.0560%0.040+40%0.027+112%0.023+147%
Operating Margin--0.0850.0850%0.061+38%0.046+84%0.039+116%
Operating Ratio--0.9190.9190%0.941-2%0.955-4%0.961-4%
Pb Ratio3.076-683%24.09724.0970%-+100%4.819+400%4.016+500%
Pe Ratio100.295-683%785.770785.7700%-+100%157.154+400%130.962+500%
Price Per Share33.250-683%260.500260.5000%-+100%52.100+400%43.417+500%
Price To Free Cash Flow Ratio-819.123+87%-6417.489-6417.4890%--100%-1283.498-80%-1069.582-83%
Price To Total Gains Ratio3.206-683%25.11925.1190%--25.1190%25.1190%
Quick Ratio--0.6790.6790%1.043-35%1.970-66%1.653-59%
Return On Assets--0.0220.0220%0.060-63%0.026-15%0.023-4%
Return On Equity--0.0250.0250%0.222-89%0.078-68%0.066-62%
Total Gains Per Share--10.37110.3710%0.098+10519%2.122+389%1.802+476%
Usd Book Value--45259800.00045259800.0000%1841628.000+2358%10203790.607+344%8644612.739+424%
Usd Book Value Change Per Share--0.1240.1240%0.001+10519%0.025+389%0.022+476%
Usd Book Value Per Share--0.1300.1300%0.005+2358%0.029+344%0.025+424%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.0040.0040%0.001+239%0.001+248%0.001+315%
Usd Free Cash Flow---169944.000-169944.0000%-104969.880-38%-218627.455+29%-318981.398+88%
Usd Free Cash Flow Per Share--0.0000.0000%0.000-38%-0.001+29%-0.001+88%
Usd Free Cash Flow To Equity Per Share--0.0000.0000%0.000-79%0.000-79%0.000-78%
Usd Market Cap139203515.808-683%1090613756.6341090613756.6340%-+100%218122751.327+400%181768959.439+500%
Usd Price Per Share0.399-683%3.1263.1260%-+100%0.625+400%0.521+500%
Usd Profit--1113672.0001113672.0000%408863.880+172%344512.920+223%288547.999+286%
Usd Revenue--19758924.00019758924.0000%10146927.360+95%8655492.793+128%7575832.551+161%
Usd Total Gains Per Share--0.1240.1240%0.001+10519%0.025+389%0.022+476%
 EOD+3 -5MRQTTM+0 -0YOY+22 -115Y+24 -910Y+24 -9

3.2. Fundamental Score

Let's check the fundamental score of Hardwyn India Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15100.295
Price to Book Ratio (EOD)Between0-13.076
Net Profit Margin (MRQ)Greater than00.056
Operating Margin (MRQ)Greater than00.085
Quick Ratio (MRQ)Greater than10.679
Current Ratio (MRQ)Greater than11.739
Debt to Asset Ratio (MRQ)Less than10.098
Debt to Equity Ratio (MRQ)Less than10.110
Return on Equity (MRQ)Greater than0.150.025
Return on Assets (MRQ)Greater than0.050.022
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Hardwyn India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.613
Ma 20Greater thanMa 5035.985
Ma 50Greater thanMa 10040.747
Ma 100Greater thanMa 20040.689
OpenGreater thanClose34.050
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets4,181,197
Total Liabilities409,547
Total Stockholder Equity3,725,633
 As reported
Total Liabilities 409,547
Total Stockholder Equity+ 3,725,633
Total Assets = 4,181,197

Assets

Total Assets4,181,197
Total Current Assets711,791
Long-term Assets3,469,407
Total Current Assets
Cash And Cash Equivalents 1,876
Short-term Investments 12,896
Net Receivables 250,467
Inventory 349,470
Other Current Assets 97,082
Total Current Assets  (as reported)711,791
Total Current Assets  (calculated)711,791
+/-0
Long-term Assets
Property Plant Equipment 9,518
Goodwill 3,459,159
Long-term Assets Other 100
Long-term Assets  (as reported)3,469,407
Long-term Assets  (calculated)3,468,777
+/- 630

Liabilities & Shareholders' Equity

Total Current Liabilities409,415
Long-term Liabilities132
Total Stockholder Equity3,725,633
Total Current Liabilities
Short-term Debt 45,567
Short Long Term Debt 45,567
Accounts payable 311,964
Other Current Liabilities 13,452
Total Current Liabilities  (as reported)409,415
Total Current Liabilities  (calculated)416,550
+/- 7,135
Long-term Liabilities
Long term Debt 132
Long-term Liabilities  (as reported)132
Long-term Liabilities  (calculated)132
+/-0
Total Stockholder Equity
Common Stock261,664
Retained Earnings 90,818
Total Stockholder Equity (as reported)3,725,633
Total Stockholder Equity (calculated)352,482
+/- 3,373,151
Other
Capital Stock261,664
Cash and Short Term Investments 14,772
Common Stock Shares Outstanding 348,885
Current Deferred Revenue38,432
Liabilities and Stockholders Equity 4,181,197
Net Debt 43,823
Net Invested Capital 3,771,332
Net Tangible Assets 266,474
Net Working Capital 302,376
Property Plant and Equipment Gross 9,518
Short Long Term Debt Total 45,699



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-31
> Total Assets 
93,126
171,918
129,569
389,828
570,352
4,181,197
4,181,197570,352389,828129,569171,91893,126
   > Total Current Assets 
93,070
171,636
128,581
387,723
562,521
711,791
711,791562,521387,723128,581171,63693,070
       Cash And Cash Equivalents 
1,604
0
12
9,353
980
1,876
1,8769809,3531201,604
       Short-term Investments 
0
0
0
0
12,896
12,896
12,89612,8960000
       Net Receivables 
0
169,219
91,931
278,537
421,037
250,467
250,467421,037278,53791,931169,2190
       Inventory 
622
1,784
1,784
99,833
140,503
349,470
349,470140,50399,8331,7841,784622
       Other Current Assets 
90,844
633
126,785
0
1
97,082
97,08210126,78563390,844
   > Long-term Assets 
58
282
988
2,105
7,831
3,469,407
3,469,4077,8312,10598828258
       Property Plant Equipment 
58
264
506
1,770
7,596
9,518
9,5187,5961,77050626458
       Goodwill 
0
0
0
0
3,459,159
3,459,159
3,459,1593,459,1590000
       Other Assets 
0
0
0
335
235
-1
-1235335000
> Total Liabilities 
22,399
68,886
25,537
270,432
416,883
409,547
409,547416,883270,43225,53768,88622,399
   > Total Current Liabilities 
22,398
48,886
25,537
270,432
416,884
409,415
409,415416,884270,43225,53748,88622,398
       Short-term Debt 
0
39,280
266
49,285
66,004
45,567
45,56766,00449,28526639,2800
       Short Long Term Debt 
0
0
266
49,285
66,004
45,567
45,56766,00449,28526600
       Accounts payable 
22,047
9,441
24,702
212,061
324,013
311,964
311,964324,013212,06124,7029,44122,047
       Other Current Liabilities 
345
135
0
0
7,713
13,452
13,4527,71300135345
   > Long-term Liabilities 
1
20,000
0
0
-1
132
132-10020,0001
       Deferred Long Term Liability 
0
0
422
211
0
0
0021142200
> Total Stockholder Equity
70,727
103,033
104,032
119,396
153,469
3,725,633
3,725,633153,469119,396104,032103,03370,727
   Common Stock
70,000
102,000
102,000
102,000
102,000
261,664
261,664102,000102,000102,000102,00070,000
   Retained Earnings 
727
1,033
2,032
17,396
51,468
90,818
90,81851,46817,3962,0321,033727
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity -352,482-153,4680000



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 (+$)
totalRevenue1,646,577
Cost of Revenue-1,436,663
Gross Profit209,914209,914
 
Operating Income (+$)
Gross Profit209,914
Operating Expense-77,295
Operating Income155,476132,619
 
Operating Expense (+$)
Research Development0
Selling General Administrative36,303
Selling And Marketing Expenses7,081
Operating Expense77,29543,384
 
Net Interest Income (+$)
Interest Income0
Interest Expense-8,604
Other Finance Cost-0
Net Interest Income-8,604
 
Pretax Income (+$)
Operating Income155,476
Net Interest Income-8,604
Other Non-Operating Income Expenses0
Income Before Tax (EBT)131,111156,984
EBIT - interestExpense = 131,111
131,111
101,410
Interest Expense8,604
Earnings Before Interest and Taxes (EBIT)139,715139,715
Earnings Before Interest and Taxes (EBITDA)142,631
 
After tax Income (+$)
Income Before Tax131,111
Tax Provision-38,305
Net Income From Continuing Ops92,80692,806
Net Income92,806
Net Income Applicable To Common Shares115,663
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,513,958
Total Other Income/Expenses Net-1,5088,604
 

Technical Analysis of Hardwyn
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 Hardwyn. The general trend of Hardwyn is BEARISH with 57.1% 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 Hardwyn'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 (-57.1%) Bearish trend (57.1%)
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 Hardwyn India Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 37.60 < 38.20 < 39.30.

The bearish price targets are: 30.35 > 25.04 > 23.81.

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Hardwyn India 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 Hardwyn India Limited. The current mas is .

The long score for the Moving Averages is 3/14.
The longshort score for the Moving Averages is -8/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below 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 down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below 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

Hardwyn India 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 Hardwyn India Limited. The current macd is -2.03851269.

The long score for the Moving Average Convergence/Divergence (MACD) is 2/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 0/(-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 Hardwyn price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Hardwyn. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Hardwyn price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Hardwyn India Limited Daily Moving Average Convergence/Divergence (MACD) ChartHardwyn India 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 Hardwyn India Limited. The current adx is 28.49.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Hardwyn shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Hardwyn India 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 Hardwyn India Limited. The current sar is 31.12.

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

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Hardwyn India Limited Daily Parabolic SAR Chart

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 Hardwyn India Limited. The current rsi is 36.61. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Hardwyn India Limited Daily Relative Strength Index (RSI) ChartHardwyn India 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 Hardwyn India Limited. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Hardwyn price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Hardwyn India Limited Daily Stochastic Oscillator ChartHardwyn India 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 Hardwyn India Limited. The current cci is -62.88992695.

Hardwyn India Limited Daily Commodity Channel Index (CCI) ChartHardwyn India 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 Hardwyn India Limited. The current cmo is -27.31068105.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Hardwyn India Limited Daily Chande Momentum Oscillator (CMO) ChartHardwyn India 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 Hardwyn India Limited. The current willr is -66.08187135.

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 Hardwyn is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Hardwyn India Limited Daily Williams %R ChartHardwyn India Limited Daily Williams %R Chart

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 Hardwyn India Limited.

Hardwyn India 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 Hardwyn India Limited. The current atr is 2.68425635.

Hardwyn India Limited Daily Average True Range (ATR) ChartHardwyn India Limited Daily Average True Range (ATR) Chart

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 Hardwyn India Limited. The current obv is 8,395,453.

Hardwyn India Limited Daily On-Balance Volume (OBV) ChartHardwyn India 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 Hardwyn India Limited. The current mfi is 50.86.

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
Hardwyn India Limited Daily Money Flow Index (MFI) ChartHardwyn India Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hardwyn India 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
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-15DMI 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
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).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24STOCH 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
2023-11-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-08STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-15CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-26DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10DMI 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.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal 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).
2024-01-12ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-17MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-02DMI 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
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-26CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside

6.3. Candlestick Patterns

Hardwyn India Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hardwyn India Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.613
Ma 20Greater thanMa 5035.985
Ma 50Greater thanMa 10040.747
Ma 100Greater thanMa 20040.689
OpenGreater thanClose34.050
Total3/5 (60.0%)
Penke

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