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HARIOMPIPE (Hariom Pipe Industries Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Hariom Pipe Industries Ltd together

I guess you are interested in Hariom Pipe Industries Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • ๐Ÿ“Š Fundamental Analysis (FA) โ€“ Hariom Pipe Industries Ltdโ€™s Financial Insights
  • ๐Ÿ“ˆ Technical Analysis (TA) โ€“ Hariom Pipe Industries Ltdโ€™s Price Targets

I'm going to help you getting a better view of Hariom Pipe Industries Ltd. 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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1. Quick Overview

1.1. Quick analysis of Hariom Pipe Industries Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Hariom Pipe Industries Ltd? (30 sec.)

How much money do you get?

How much money do you get?
INR0.03
When do you have the money?
1 year
How often do you get paid?
33.3%

What is your share worth?

Current worth
INR184.93
Expected worth in 1 year
INR325.15
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR142.62
Return On Investment
31.4%

For what price can you sell your share?

Current Price per Share
INR454.85
Expected price per share
INR370.00 - INR549.90
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of Hariom Pipe Industries Ltd (5 min.)




Live pricePrice per Share (EOD)
INR454.85
Intrinsic Value Per Share
INR-562.26 - INR-371.31
Total Value Per Share
INR-377.34 - INR-186.38

2.2. Growth of Hariom Pipe Industries Ltd (5 min.)




Is Hariom Pipe Industries Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$67m$54.3m$12.7m19.0%

How much money is Hariom Pipe Industries Ltd making?

Current yearPrevious yearGrowGrow %
Making money$7.2m$6.6m$576.4k8.0%
Net Profit Margin4.5%4.9%--

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

2.3. Financial Health of Hariom Pipe Industries Ltd (5 min.)




2.4. Comparing to competitors in the Steel industry (5 min.)




  Industry Rankings (Steel)  

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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Hariom Pipe Industries Ltd?

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

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

Speculation

The Price per Share of Hariom Pipe Industries Ltd is INR454.85. 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 Hariom Pipe Industries Ltd.
  • 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 Hariom Pipe Industries Ltd, 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 INR184.93. Based on the TTM, the Book Value Change Per Share is INR35.06 per quarter. Based on the YOY, the Book Value Change Per Share is INR28.72 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 INR0.60 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Hariom Pipe Industries Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.230.1%0.230.1%0.210.0%0.210.0%0.160.0%0.140.0%
Usd Book Value Change Per Share0.410.1%0.410.1%0.340.1%0.590.1%0.400.1%0.360.1%
Usd Dividend Per Share0.010.0%0.010.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.420.1%0.420.1%0.340.1%0.600.1%0.400.1%0.360.1%
Usd Price Per Share3.89-3.89-5.29-4.91-2.95-2.46-
Price to Earnings Ratio16.70-16.70-24.66-24.37-14.62-12.19-
Price-to-Total Gains Ratio9.34-9.34-15.74-10.14-10.14-10.14-
Price to Book Ratio1.80-1.80-3.02-2.91-1.75-1.45-
Price-to-Total Gains Ratio9.34-9.34-15.74-10.14-10.14-10.14-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.321745
Number of shares187
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.010.00
Usd Book Value Change Per Share0.410.40
Usd Total Gains Per Share0.420.40
Gains per Quarter (187 shares)78.0174.36
Gains per Year (187 shares)312.04297.43
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
153073021296287
2106146142593584
3169209263889881
42112271238411861178
52615341550514821475
63118411862617781772
73721482174720752069
84224542486823712366
94727612798926672663
1052306831101029642960

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 Share1.00.00.0100.0%1.00.02.033.3%1.00.04.020.0%2.00.04.033.3%2.00.04.033.3%
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%
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3.2. Key Performance Indicators

The key performance indicators of Hariom Pipe Industries Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--35.05535.0550%28.724+22%50.769-31%33.866+4%30.821+14%
Book Value Per Share--184.929184.9290%149.873+23%151.984+22%102.286+81%87.838+111%
Current Ratio--1.4511.4510%1.681-14%1.749-17%1.765-18%1.712-15%
Debt To Asset Ratio--0.5220.5220%0.473+10%0.488+7%0.518+1%0.541-4%
Debt To Equity Ratio--1.0901.0900%0.897+22%0.959+14%1.0940%1.227-11%
Dividend Per Share--0.6000.6000%-+100%0.200+200%0.120+400%0.143+320%
Enterprise Value--4065488805.0004065488805.0000%9843712425.000-59%8414808566.667-52%8414808566.667-52%8414808566.667-52%
Eps--19.93319.9330%18.342+9%17.732+12%13.680+46%11.826+69%
Ev To Sales Ratio--0.3000.3000%0.854-65%0.971-69%0.971-69%0.971-69%
Free Cash Flow Per Share---8.815-8.8150%-73.100+729%-62.053+604%-38.149+333%-32.407+268%
Free Cash Flow To Equity Per Share---8.815-8.8150%-73.100+729%-16.192+84%-9.865+12%-8.342-5%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---371.312----------
Intrinsic Value_10Y_min---562.265----------
Intrinsic Value_1Y_max---38.032----------
Intrinsic Value_1Y_min---61.235----------
Intrinsic Value_3Y_max---113.643----------
Intrinsic Value_3Y_min---180.838----------
Intrinsic Value_5Y_max---188.497----------
Intrinsic Value_5Y_min---296.077----------
Market Cap14085476405.000+27%10307465805.00010307465805.0000%14004961425.000-26%12995943566.667-21%7797566140.000+32%6497971783.333+59%
Net Profit Margin--0.0450.0450%0.049-8%0.056-18%0.060-24%0.058-22%
Operating Margin----0%-0%0.038-100%0.067-100%0.075-100%
Operating Ratio--1.6801.6800%1.678+0%1.655+2%1.620+4%1.591+6%
Pb Ratio2.460+27%1.8001.8000%3.018-40%2.910-38%1.746+3%1.455+24%
Pe Ratio22.819+27%16.69916.6990%24.657-32%24.372-31%14.623+14%12.186+37%
Price Per Share454.850+27%332.850332.8500%452.250-26%419.667-21%251.800+32%209.833+59%
Price To Free Cash Flow Ratio-51.599-37%-37.759-37.7590%-6.187-84%-16.164-57%-9.698-74%-8.082-79%
Price To Total Gains Ratio12.757+27%9.3359.3350%15.745-41%10.144-8%10.144-8%10.144-8%
Quick Ratio--0.4390.4390%0.531-17%0.466-6%0.411+7%0.405+8%
Return On Assets--0.0520.0520%0.065-20%0.060-15%0.083-38%0.079-35%
Return On Equity--0.1080.1080%0.122-12%0.118-8%0.177-39%0.175-38%
Total Gains Per Share--35.65535.6550%28.724+24%50.969-30%33.986+5%30.964+15%
Usd Book Value--67002881.40067002881.4000%54301747.500+23%55066373.700+22%37060086.960+81%31825236.300+111%
Usd Book Value Change Per Share--0.4100.4100%0.336+22%0.594-31%0.396+4%0.361+14%
Usd Book Value Per Share--2.1642.1640%1.754+23%1.778+22%1.197+81%1.028+111%
Usd Dividend Per Share--0.0070.0070%-+100%0.002+200%0.001+400%0.002+320%
Usd Enterprise Value--47566219.01947566219.0190%115171435.373-59%98453260.230-52%98453260.230-52%98453260.230-52%
Usd Eps--0.2330.2330%0.215+9%0.207+12%0.160+46%0.138+69%
Usd Free Cash Flow---3193842.600-3193842.6000%-26485570.800+729%-22482911.100+604%-13822202.160+333%-11741800.200+268%
Usd Free Cash Flow Per Share---0.103-0.1030%-0.855+729%-0.726+604%-0.446+333%-0.379+268%
Usd Free Cash Flow To Equity Per Share---0.103-0.1030%-0.855+729%-0.189+84%-0.115+12%-0.098-5%
Usd Market Cap164800073.939+27%120597349.919120597349.9190%163858048.673-26%152052539.730-21%91231523.838+32%76026269.865+59%
Usd Price Per Share5.322+27%3.8943.8940%5.291-26%4.910-21%2.946+32%2.455+59%
Usd Profit--7221942.0007221942.0000%6645541.500+9%6424606.500+12%4956651.180+46%4284754.500+69%
Usd Revenue--158774709.600158774709.6000%134922960.900+18%123003995.400+29%89824505.940+77%77988904.500+104%
Usd Total Gains Per Share--0.4170.4170%0.336+24%0.596-30%0.398+5%0.362+15%
 EOD+5 -3MRQTTM+0 -0YOY+22 -153Y+18 -205Y+24 -1410Y+23 -15

3.3 Fundamental Score

Let's check the fundamental score of Hariom Pipe Industries Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1522.819
Price to Book Ratio (EOD)Between0-12.460
Net Profit Margin (MRQ)Greater than00.045
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.439
Current Ratio (MRQ)Greater than11.451
Debt to Asset Ratio (MRQ)Less than10.522
Debt to Equity Ratio (MRQ)Less than11.090
Return on Equity (MRQ)Greater than0.150.108
Return on Assets (MRQ)Greater than0.050.052
Total4/10 (40.0%)

3.4 Technical Score

Let's check the technical score of Hariom Pipe Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.914
Ma 20Greater thanMa 50407.988
Ma 50Greater thanMa 100398.073
Ma 100Greater thanMa 200382.574
OpenGreater thanClose460.050
Total4/5 (80.0%)

4. In-depth Analysis

4.1 About Hariom Pipe Industries Ltd

Hariom Pipe Industries Limited manufactures and sells iron and steel products in India. It offers mild steel pipes, tubes, and billets; hot and cold rolled square, rectangular, and circular pipes and tubes; hot dipped galvanized pipes; pre galvanized pipes; and cold rolled full hard, pre galvanized, hot rolled pickled and oiled, and cold rolled closed annealed slit coils. The company also provides scaffolding solutions, such as cuplocks, telescopic props/adjustable props/jacks, spans/acro spans/telescopic spans/adjustable spans, H frame systems, fixed base plates, adjustable base plates, stirrup head/universal jacks, spigot/joint pins, jalli/plank/platform products, and clamps/ couplers. It offers its products for various applications, including chemical, construction, automotive, manufacturing, infrastructure, steel manufacturing, ferroalloy production, powder metallurgy, furniture and interior design, fabrication, maintenance, events, metal fabrication, automotive parts manufacturing, industrial, irrigation, plumbing systems, agricultural machinery, roofing, industrial equipment, and transportation. Hariom Pipe Industries Limited was incorporated in 2007 and is based in Hyderabad, India.

Fundamental data was last updated by Penke on 2025-06-21 21:14:04.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just 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 able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitย Hariom Pipe Industries Ltd earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • A Net Profit Margin of 4.5%ย means thatย ₹0.05 for each ₹1ย in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Hariom Pipe Industries Ltd:

  • The MRQ is 4.5%. The company is making a profit. +1
  • The TTM is 4.5%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.5%TTM4.5%0.0%
TTM4.5%YOY4.9%-0.4%
TTM4.5%5Y6.0%-1.5%
5Y6.0%10Y5.8%+0.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5%1.8%+2.7%
TTM4.5%1.7%+2.8%
YOY4.9%2.9%+2.0%
3Y5.6%2.8%+2.8%
5Y6.0%3.9%+2.1%
10Y5.8%2.8%+3.0%
4.3.1.2. Return on Assets

Shows howย efficientย Hariom Pipe Industries Ltd is using its assets to generate profit.

  • Above 5% is considered healthyย but always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • 5.2% Return on Assets means thatย Hariom Pipe Industries Ltd generatedย ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Hariom Pipe Industries Ltd:

  • The MRQ is 5.2%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.2%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.2%TTM5.2%0.0%
TTM5.2%YOY6.5%-1.3%
TTM5.2%5Y8.3%-3.2%
5Y8.3%10Y7.9%+0.4%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ5.2%0.7%+4.5%
TTM5.2%0.5%+4.7%
YOY6.5%1.0%+5.5%
3Y6.0%1.0%+5.0%
5Y8.3%1.5%+6.8%
10Y7.9%1.1%+6.8%
4.3.1.3. Return on Equity

Shows how efficient Hariom Pipe Industries Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • 10.8% Return on Equity means Hariom Pipe Industries Ltd generated ₹0.11ย for eachย ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Hariom Pipe Industries Ltd:

  • The MRQ is 10.8%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.8%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.8%TTM10.8%0.0%
TTM10.8%YOY12.2%-1.5%
TTM10.8%5Y17.7%-6.9%
5Y17.7%10Y17.5%+0.2%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%1.2%+9.6%
TTM10.8%1.1%+9.7%
YOY12.2%1.9%+10.3%
3Y11.8%1.8%+10.0%
5Y17.7%3.0%+14.7%
10Y17.5%2.0%+15.5%
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4.3.2. Operating Efficiency of Hariom Pipe Industries Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measuresย how efficient Hariom Pipe Industries Ltd is operatingย .

  • Measures how much profit Hariom Pipe Industries Ltd makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • An Operating Margin of 0.0%ย means the company generated ₹0.00 ย for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Hariom Pipe Industries Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y6.7%-6.7%
5Y6.7%10Y7.5%-0.8%
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.0%-7.0%
TTM-5.3%-5.3%
YOY-3.2%-3.2%
3Y3.8%2.8%+1.0%
5Y6.7%4.6%+2.1%
10Y7.5%4.2%+3.3%
4.3.2.2. Operating Ratio

Measures how efficient Hariom Pipe Industries Ltd is keepingย operating costsย low.

  • Below 1 is considered healthy (always compare toย Steel industry mean).
  • An Operation Ratio of 1.68 means that the operating costs are ₹1.68 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Hariom Pipe Industries Ltd:

  • The MRQ is 1.680. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.680. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.680TTM1.6800.000
TTM1.680YOY1.678+0.002
TTM1.6805Y1.620+0.060
5Y1.62010Y1.591+0.028
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6801.709-0.029
TTM1.6801.531+0.149
YOY1.6781.045+0.633
3Y1.6551.267+0.388
5Y1.6201.167+0.453
10Y1.5911.121+0.470
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4.4.3. Liquidity of Hariom Pipe Industries Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Hariom Pipe Industries Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toย Steel industry mean).
  • A Current Ratio of 1.45ย means the company has ₹1.45 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Hariom Pipe Industries Ltd:

  • The MRQ is 1.451. The company is just able to pay all its short-term debts.
  • The TTM is 1.451. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.451TTM1.4510.000
TTM1.451YOY1.681-0.230
TTM1.4515Y1.765-0.314
5Y1.76510Y1.712+0.053
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4511.635-0.184
TTM1.4511.606-0.155
YOY1.6811.762-0.081
3Y1.7491.747+0.002
5Y1.7651.711+0.054
10Y1.7121.592+0.120
4.4.3.2. Quick Ratio

Measures if Hariom Pipe Industries Ltd is able to pay off Short-term Debt but only usingย theย most liquid assets.

  • Above 1 is considered healthy butย always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • A Quick Ratio of 0.44ย means the company can pay off ₹0.44 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Hariom Pipe Industries Ltd:

  • The MRQ is 0.439. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.439. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.439TTM0.4390.000
TTM0.439YOY0.531-0.091
TTM0.4395Y0.411+0.028
5Y0.41110Y0.405+0.006
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4390.541-0.102
TTM0.4390.570-0.131
YOY0.5310.737-0.206
3Y0.4660.703-0.237
5Y0.4110.742-0.331
10Y0.4050.723-0.318
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4.5.4. Solvency of Hariom Pipe Industries Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %ย of Hariom Pipe Industries Ltdย assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareย Hariom Pipe Industries Ltd to Steel industry mean.
  • A Debt to Asset Ratio of 0.52ย means that Hariom Pipe Industries Ltd assets areย financed with 52.2% credit (debt) and the remaining percentage (100% - 52.2%)ย is financed by its owners/shareholders.ย 

Let's take a look of the Debt to Asset Ratio trends of Hariom Pipe Industries Ltd:

  • The MRQ is 0.522. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.522. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.522TTM0.5220.000
TTM0.522YOY0.473+0.049
TTM0.5225Y0.518+0.004
5Y0.51810Y0.541-0.023
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5220.446+0.076
TTM0.5220.441+0.081
YOY0.4730.445+0.028
3Y0.4880.456+0.032
5Y0.5180.465+0.053
10Y0.5410.490+0.051
4.5.4.2. Debt to Equity Ratio

Measures ifย Hariom Pipe Industries Ltd is able toย pay off its debts by usingย shareholders equity.

  • Below 2 is considered healthy butย always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • A Debt to Equity ratio of 109.0% means that company has ₹1.09 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Hariom Pipe Industries Ltd:

  • The MRQ is 1.090. The company is able to pay all its debts with equity. +1
  • The TTM is 1.090. The company is able to pay all its debts with equity. +1
Trends
Current periodCompared to+/- 
MRQ1.090TTM1.0900.000
TTM1.090YOY0.897+0.193
TTM1.0905Y1.094-0.004
5Y1.09410Y1.227-0.133
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0900.805+0.285
TTM1.0900.804+0.286
YOY0.8970.791+0.106
3Y0.9590.868+0.091
5Y1.0940.905+0.189
10Y1.2271.075+0.152
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measuresย how much money you payย for each share forย every ₹1 in earnings Hariom Pipe Industries Ltd generates.

  • Above 15 is considered overpriced butย always compareย Hariom Pipe Industries Ltd to theย Steel industry mean.
  • A PE ratio of 16.70 means the investor is paying ₹16.70ย for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Hariom Pipe Industries Ltd:

  • The EOD is 22.819. Based on the earnings, the company is fair priced.
  • The MRQ is 16.699. Based on the earnings, the company is fair priced.
  • The TTM is 16.699. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD22.819MRQ16.699+6.121
MRQ16.699TTM16.6990.000
TTM16.699YOY24.657-7.958
TTM16.6995Y14.623+2.076
5Y14.62310Y12.186+2.437
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD22.81910.775+12.044
MRQ16.6999.958+6.741
TTM16.69910.045+6.654
YOY24.6578.255+16.402
3Y24.3729.058+15.314
5Y14.6239.010+5.613
10Y12.18610.307+1.879
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Hariom Pipe Industries Ltd:

  • The EOD is -51.599. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -37.759. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -37.759. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-51.599MRQ-37.759-13.840
MRQ-37.759TTM-37.7590.000
TTM-37.759YOY-6.187-31.573
TTM-37.7595Y-9.698-28.061
5Y-9.69810Y-8.082-1.616
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD-51.599-0.160-51.439
MRQ-37.759-0.394-37.365
TTM-37.7591.462-39.221
YOY-6.1871.651-7.838
3Y-16.1641.318-17.482
5Y-9.6981.458-11.156
10Y-8.0820.992-9.074
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofย Hariom Pipe Industries Ltd is to cheap or to expensiveย compared to its book value.

  • At or below 1 is considered healthyย (always compare to Steel industry mean).
  • A PB ratio of 1.80 means the investor is paying ₹1.80ย for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Hariom Pipe Industries Ltd:

  • The EOD is 2.460. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.800. Based on the equity, the company is underpriced. +1
  • The TTM is 1.800. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.460MRQ1.800+0.660
MRQ1.800TTM1.8000.000
TTM1.800YOY3.018-1.218
TTM1.8005Y1.746+0.054
5Y1.74610Y1.455+0.291
Compared to industry (Steel)
PeriodCompanyIndustry (mean)+/- 
EOD2.4600.842+1.618
MRQ1.8000.838+0.962
TTM1.8000.822+0.978
YOY3.0180.971+2.047
3Y2.9100.965+1.945
5Y1.7461.027+0.719
10Y1.4551.176+0.279
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2025-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets11,968,719
Total Liabilities6,241,977
Total Stockholder Equity5,726,742
 As reported
Total Liabilities 6,241,977
Total Stockholder Equity+ 5,726,742
Total Assets = 11,968,719

Assets

Total Assets11,968,719
Total Current Assets7,526,668
Long-term Assets4,442,051
Total Current Assets
Cash And Cash Equivalents 260,128
Short-term Investments 255,230
Net Receivables 2,024,910
Inventory 4,267,037
Other Current Assets 719,363
Total Current Assets  (as reported)7,526,668
Total Current Assets  (calculated)7,526,668
+/-0
Long-term Assets
Property Plant Equipment 4,353,852
Long-term Assets Other 43,772
Long-term Assets  (as reported)4,442,051
Long-term Assets  (calculated)4,397,624
+/- 44,427

Liabilities & Shareholders' Equity

Total Current Liabilities5,188,518
Long-term Liabilities1,053,459
Total Stockholder Equity5,726,742
Total Current Liabilities
Short Long Term Debt 3,070,263
Accounts payable 1,863,877
Other Current Liabilities 67,682
Total Current Liabilities  (as reported)5,188,518
Total Current Liabilities  (calculated)5,001,822
+/- 186,696
Long-term Liabilities
Long term Debt 932,956
Capital Lease Obligations Min Short Term Debt11,702
Long-term Liabilities  (as reported)1,053,459
Long-term Liabilities  (calculated)944,658
+/- 108,801
Total Stockholder Equity
Total Stockholder Equity (as reported)5,726,742
Total Stockholder Equity (calculated)0
+/- 5,726,742
Other
Capital Stock309,673
Common Stock Shares Outstanding 30,967
Net Debt 3,743,091
Net Invested Capital 9,729,961
Net Working Capital 2,338,150
Property Plant and Equipment Gross 4,353,852



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2025-03-312024-03-312023-03-312022-03-312021-03-312020-03-31
> Total Assets 
1,396,772
1,737,403
2,159,084
7,091,845
8,802,424
11,968,719
11,968,7198,802,4247,091,8452,159,0841,737,4031,396,772
   > Total Current Assets 
894,175
1,056,623
1,504,467
4,296,612
4,815,875
7,526,668
7,526,6684,815,8754,296,6121,504,4671,056,623894,175
       Cash And Cash Equivalents 
16,683
7,175
725
1,040,427
17,798
260,128
260,12817,7981,040,4277257,17516,683
       Short-term Investments 
0
1,624
4,157
8,275
300,100
255,230
255,230300,1008,2754,1571,6240
       Net Receivables 
231,469
196,291
268,957
861,168
1,220,731
2,024,910
2,024,9101,220,731861,168268,957196,291231,469
       Inventory 
595,349
800,800
1,147,900
2,121,731
2,965,398
4,267,037
4,267,0372,965,3982,121,7311,147,900800,800595,349
       Other Current Assets 
49,401
43,568
63,094
80,261
-1
719,363
719,363-180,26163,09443,56849,401
   > Long-term Assets 
502,597
680,780
654,617
2,795,233
3,986,548
4,442,051
4,442,0513,986,5482,795,233654,617680,780502,597
       Property Plant Equipment 
496,216
672,287
635,743
2,376,681
3,793,238
4,353,852
4,353,8523,793,2382,376,681635,743672,287496,216
       Intangible Assets 
0
0
424
467
421
0
042146742400
       Other Assets 
6,379
8,493
18,451
418,085
0
0
00418,08518,4518,4936,379
> Total Liabilities 
913,782
1,029,509
1,148,917
3,340,179
4,161,249
6,241,977
6,241,9774,161,2493,340,1791,148,9171,029,509913,782
   > Total Current Liabilities 
618,200
652,165
768,833
2,030,318
2,865,666
5,188,518
5,188,5182,865,6662,030,318768,833652,165618,200
       Short Long Term Debt 
409,942
462,308
529,622
1,708,241
2,511,772
3,070,263
3,070,2632,511,7721,708,241529,622462,308409,942
       Accounts payable 
149,272
42,993
103,884
163,131
257,412
1,863,877
1,863,877257,412163,131103,88442,993149,272
       Other Current Liabilities 
41,499
120,264
107,132
149,649
1
67,682
67,6821149,649107,132120,26441,499
   > Long-term Liabilities 
295,582
377,344
380,084
1,309,861
1,295,583
1,053,459
1,053,4591,295,5831,309,861380,084377,344295,582
       Long term Debt 
271,715
339,440
332,948
1,251,940
1,184,696
932,956
932,9561,184,6961,251,940332,948339,440271,715
       Capital Lease Obligations Min Short Term Debt
0
0
0
12,605
12,174
11,702
11,70212,17412,605000
       Other Liabilities 
23,868
37,904
35,087
45,747
0
0
0045,74735,08737,90423,868
       Long-term Liabilities Other 
-1
1
0
1
1
0
01101-1
> Total Stockholder Equity
482,990
707,894
1,010,167
3,751,666
4,641,175
5,726,742
5,726,7424,641,1753,751,6661,010,167707,894482,990
   Common Stock
132,334
169,612
169,762
276,156
0
0
00276,156169,762169,612132,334
   Retained Earnings 
231,737
383,300
702,289
1,162,836
1,731,237
0
01,731,2371,162,836702,289383,300231,737
   Capital Surplus 000000
   Treasury Stock000000
   Other Stockholders Equity 
70,322
9,464
9,464
302,365
0
0
00302,3659,4649,46470,322



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2025-03-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue13,570,488
Cost of Revenue-10,476,147
Gross Profit3,094,3413,094,341
 
Operating Income (+$)
Gross Profit3,094,341
Operating Expense-12,319,289
Operating Income1,251,199-9,224,948
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense12,319,2890
 
Net Interest Income (+$)
Interest Income0
Interest Expense-449,124
Other Finance Cost-0
Net Interest Income-449,124
 
Pretax Income (+$)
Operating Income1,251,199
Net Interest Income-449,124
Other Non-Operating Income Expenses0
Income Before Tax (EBT)831,0221,251,199
EBIT - interestExpense = -449,124
617,260
1,066,384
Interest Expense449,124
Earnings Before Interest and Taxes (EBIT)01,280,146
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax831,022
Tax Provision-213,762
Net Income From Continuing Ops617,260617,260
Net Income617,260
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0449,124
 

Technical Analysis of Hariom Pipe Industries Ltd
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 Hariom Pipe Industries Ltd. The general trend of Hariom Pipe Industries Ltd is BULLISH with 28.6% 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 Hariom Pipe Industries Ltd'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 (28.6%) Bearish trend (-28.6%)
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. Hariom Pipe Industries Ltd 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.

Supportย is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistanceย 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 Hariom Pipe Industries Ltd.

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: 477.00 < 534.00 < 549.90.

The bearish price targets are: 442.20 > 376.40 > 370.00.

Know someone who trades $HARIOMPIPE? Share this with them.๐Ÿ‘‡

Hariom Pipe Industries Ltd Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theย moving averageย of the selected period.

  • Moving averages are laggingย 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 Hariom Pipe Industries Ltd. The current mas is .

The long score for the Moving Averages is 9/14.
The longshort score for the Moving Averages is 4/(-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 lower 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 lower 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 lower 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

Hariom Pipe Industries Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theย momentumย of theย selected period based on two moving averages.

  • MACD is aย lagging momentumย 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 Hariom Pipe Industries Ltd. The current macd is 13.83.

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 Hariom Pipe Industries Ltd price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Hariom Pipe Industries Ltd. 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 Hariom Pipe Industries Ltd 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
Hariom Pipe Industries Ltd Daily Moving Average Convergence/Divergence (MACD) ChartHariom Pipe Industries Ltd 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 Hariom Pipe Industries Ltd. The current adx is 28.90.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-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 Hariom Pipe Industries Ltd shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
Hariom Pipe Industries Ltd 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.
  • Showsย the current trend.
  • Showsย potential entry signals.
  • Showsย ย potential exit signals.
  • Can be used to placeย trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Hariom Pipe Industries Ltd. The current sar is 399.70.

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
Hariom Pipe Industries Ltd 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 momentumย indicator, meaning the signals are instant.
  • Rangesย 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 Hariom Pipe Industries Ltd. The current rsi is 65.91. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Hariom Pipe Industries Ltd Daily Relative Strength Index (RSI) ChartHariom Pipe Industries Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Comparesย a certain price to multiple prices ranging over time.

  • Leadingย momentumย indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Rangesย 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 Hariom Pipe Industries Ltd. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-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 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 Hariom Pipe Industries Ltd price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Hariom Pipe Industries Ltd Daily Stochastic Oscillator ChartHariom Pipe Industries Ltd 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,ย 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 Hariom Pipe Industries Ltd. The current cci is 181.86.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Hariom Pipe Industries Ltd Daily Commodity Channel Index (CCI) ChartHariom Pipe Industries Ltd 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 Hariom Pipe Industries Ltd. The current cmo is 38.35.

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
Hariom Pipe Industries Ltd Daily Chande Momentum Oscillator (CMO) ChartHariom Pipe Industries Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

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

  • Lagging momentum indicator
  • Ranging between 0 andย -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 Hariom Pipe Industries Ltd. The current willr is -33.23404255.

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 Hariom Pipe Industries Ltd is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Hariom Pipe Industries Ltd Daily Williams %R ChartHariom Pipe Industries Ltd 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 oversoldย 

Score

Let's take a look at the Bollinger Bands of Hariom Pipe Industries Ltd.

Hariom Pipe Industries Ltd 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 Hariom Pipe Industries Ltd. The current atr is 19.11.

Hariom Pipe Industries Ltd Daily Average True Range (ATR) ChartHariom Pipe Industries Ltd Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

ย 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 Hariom Pipe Industries Ltd. The current obv is 882,142.

Hariom Pipe Industries Ltd Daily On-Balance Volume (OBV) ChartHariom Pipe Industries Ltd 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 Hariom Pipe Industries Ltd. The current mfi is 94.48.

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

  • MFI > 50: +1
  • MFI > 80: +1
Hariom Pipe Industries Ltd Daily Money Flow Index (MFI) ChartHariom Pipe Industries Ltd Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Hariom Pipe Industries Ltd.

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
2025-02-13STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-18MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-19STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-20RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-03STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-03-10SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-17SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
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.
2025-03-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to 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).
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-25DMI 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
2025-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-03DMI 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.
2025-04-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07DMI 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
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-04-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-05-05DMI 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
2025-05-06DMI 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
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-08DMI 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
2025-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-05-12DMI 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.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-19MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-05-26CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-28CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-30STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2025-06-04CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line 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).
2025-06-09WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-06-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-06-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2025-06-24DMI 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.
2025-06-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-06-27STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-01CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-07-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR 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).
2025-07-04STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-07STOCH 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).
2025-07-08STOCH LONG EXITThe %K line crosses below the %D line.
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
2025-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-10RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Hariom Pipe Industries Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Hariom Pipe Industries Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5065.914
Ma 20Greater thanMa 50407.988
Ma 50Greater thanMa 100398.073
Ma 100Greater thanMa 200382.574
OpenGreater thanClose460.050
Total4/5 (80.0%)
Penke
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