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HARYANA LEATHER CHEMICALS LTD.
Buy, Hold or Sell?

Let's analyse HARYANA LEATHER CHEMICALS LTD. together

PenkeI guess you are interested in HARYANA LEATHER CHEMICALS LTD.. 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 HARYANA LEATHER CHEMICALS 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.

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

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Quick analysis of HARYANA LEATHER CHEMICALS LTD. (30 sec.)










What can you expect buying and holding a share of HARYANA LEATHER CHEMICALS LTD.? (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?
40.0%

What is your share worth?

Current worth
INR75.35
Expected worth in 1 year
INR90.94
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR15.59
Return On Investment
23.8%

For what price can you sell your share?

Current Price per Share
INR65.37
Expected price per share
INR56.81 - INR75.99
How sure are you?
50%

1. Valuation of HARYANA LEATHER CHEMICALS LTD. (5 min.)




Live pricePrice per Share (EOD)

INR65.37

Intrinsic Value Per Share

INR-200.38 - INR-240.58

Total Value Per Share

INR-125.03 - INR-165.23

2. Growth of HARYANA LEATHER CHEMICALS LTD. (5 min.)




Is HARYANA LEATHER CHEMICALS LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$4.4m$4.2m$229.5k5.2%

How much money is HARYANA LEATHER CHEMICALS LTD. making?

Current yearPrevious yearGrowGrow %
Making money$223.3k$157.6k$65.7k29.4%
Net Profit Margin4.4%3.4%--

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

3. Financial Health of HARYANA LEATHER CHEMICALS LTD. (5 min.)




What can you expect buying and holding a share of HARYANA LEATHER CHEMICALS LTD.? (5 min.)

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

What can you expect buying and holding a share of HARYANA LEATHER CHEMICALS LTD.?

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

Speculation

The Price per Share of HARYANA LEATHER CHEMICALS LTD. is INR65.37. 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 HARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS 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 INR75.35. Based on the TTM, the Book Value Change Per Share is INR3.90 per quarter. Based on the YOY, the Book Value Change Per Share is INR2.68 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 HARYANA LEATHER CHEMICALS LTD..

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 Eps0.050.1%0.050.1%0.030.0%0.040.1%0.040.1%
Usd Book Value Change Per Share0.050.1%0.050.1%0.030.0%0.180.3%0.180.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.050.1%0.050.1%0.030.0%0.190.3%0.190.3%
Usd Price Per Share0.44-0.44-0.44-0.35-0.35-
Price to Earnings Ratio9.76-9.76-13.79-9.01-9.01-
Price-to-Total Gains Ratio9.49-9.49-13.79-7.44-7.44-
Price to Book Ratio0.49-0.49-0.52-0.43-0.43-
Price-to-Total Gains Ratio9.49-9.49-13.79-7.44-7.44-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.78444
Number of shares1274
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.050.18
Usd Total Gains Per Share0.050.19
Gains per Quarter (1274 shares)59.59236.29
Gains per Year (1274 shares)238.34945.14
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1023822824922935
204774664718431880
307157047127652825
409539429436863770
501192118011846084715
601430141814155305660
701668165616564516605
801907189418873737550
902145213221282948495
1002383237023692169440

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%5.00.00.0100.0%5.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%2.00.03.040.0%2.00.03.040.0%2.00.03.040.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%5.00.00.0100.0%

Fundamentals of HARYANA LEATHER CHEMICALS LTD.

About HARYANA LEATHER CHEMICALS LTD.

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 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 very able to pay all its short-term debts.
The company is very 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 cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of HARYANA LEATHER CHEMICALS LTD..

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit HARYANA LEATHER CHEMICALS LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • A Net Profit Margin of 4.4% means that ₹0.04 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 4.4%. The company is making a profit. +1
  • The TTM is 4.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.4%TTM4.4%0.0%
TTM4.4%YOY3.4%+1.0%
TTM4.4%5Y4.7%-0.4%
5Y4.7%10Y4.7%0.0%
1.1.2. Return on Assets

Shows how efficient HARYANA LEATHER CHEMICALS LTD. is using its assets to generate profit.

  • Above 5% is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • 4.3% Return on Assets means that HARYANA LEATHER CHEMICALS LTD. generated ₹0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 4.3%. Using its assets, the company is less efficient in making profit.
  • The TTM is 4.3%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ4.3%TTM4.3%0.0%
TTM4.3%YOY3.0%+1.3%
TTM4.3%5Y4.1%+0.2%
5Y4.1%10Y4.1%0.0%
1.1.3. Return on Equity

Shows how efficient HARYANA LEATHER CHEMICALS LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • 5.0% Return on Equity means HARYANA LEATHER CHEMICALS LTD. generated ₹0.05 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 5.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.0%TTM5.0%0.0%
TTM5.0%YOY3.7%+1.3%
TTM5.0%5Y5.0%+0.0%
5Y5.0%10Y5.0%0.0%

1.2. Operating Efficiency of HARYANA LEATHER CHEMICALS LTD..

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient HARYANA LEATHER CHEMICALS LTD. is operating .

  • Measures how much profit HARYANA LEATHER CHEMICALS 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 compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • An Operating Margin of 0.0% means the company generated ₹0.00  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.7%-1.7%
5Y1.7%10Y1.7%0.0%
1.2.2. Operating Ratio

Measures how efficient HARYANA LEATHER CHEMICALS LTD. is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  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 HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 1.682. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.682. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.682TTM1.6820.000
TTM1.682YOY1.750-0.069
TTM1.6825Y1.664+0.017
5Y1.66410Y1.6640.000

1.3. Liquidity of HARYANA LEATHER CHEMICALS LTD..

1.3. Liquidity
1.3.1. Current Ratio

Measures if HARYANA LEATHER CHEMICALS LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 3.36 means the company has ₹3.36 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 3.362. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.362. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.362TTM3.3620.000
TTM3.362YOY2.792+0.570
TTM3.3625Y3.142+0.220
5Y3.14210Y3.1420.000
1.3.2. Quick Ratio

Measures if HARYANA LEATHER CHEMICALS LTD. is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • A Quick Ratio of 2.22 means the company can pay off ₹2.22 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 2.224. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 2.224. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ2.224TTM2.2240.000
TTM2.224YOY1.568+0.656
TTM2.2245Y1.690+0.533
5Y1.69010Y1.6900.000

1.4. Solvency of HARYANA LEATHER CHEMICALS LTD..

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of HARYANA LEATHER CHEMICALS LTD. assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to industry mean.
  • A Debt to Asset Ratio of 0.14 means that HARYANA LEATHER CHEMICALS LTD. assets are financed with 13.7% credit (debt) and the remaining percentage (100% - 13.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 0.137. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.137. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.137TTM0.1370.000
TTM0.137YOY0.188-0.050
TTM0.1375Y0.178-0.040
5Y0.17810Y0.1780.000
1.4.2. Debt to Equity Ratio

Measures if HARYANA LEATHER CHEMICALS LTD. is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • A Debt to Equity ratio of 15.9% means that company has ₹0.16 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The MRQ is 0.159. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.159. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.159TTM0.1590.000
TTM0.159YOY0.231-0.072
TTM0.1595Y0.218-0.059
5Y0.21810Y0.2180.000

2. Market Valuation of HARYANA LEATHER CHEMICALS LTD.

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 HARYANA LEATHER CHEMICALS LTD. generates.

  • Above 15 is considered overpriced but always compare HARYANA LEATHER CHEMICALS LTD. to the  industry mean.
  • A PE ratio of 9.76 means the investor is paying ₹9.76 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The EOD is 17.241. Based on the earnings, the company is fair priced.
  • The MRQ is 9.759. Based on the earnings, the company is underpriced. +1
  • The TTM is 9.759. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD17.241MRQ9.759+7.483
MRQ9.759TTM9.7590.000
TTM9.759YOY13.790-4.032
TTM9.7595Y9.013+0.746
5Y9.01310Y9.0130.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The EOD is -10.844. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.138. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.138. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.844MRQ-6.138-4.706
MRQ-6.138TTM-6.1380.000
TTM-6.138YOY8.412-14.550
TTM-6.1385Y4.035-10.172
5Y4.03510Y4.0350.000
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of HARYANA LEATHER CHEMICALS LTD. is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 0.49 means the investor is paying ₹0.49 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of HARYANA LEATHER CHEMICALS LTD.:

  • The EOD is 0.868. Based on the equity, the company is cheap. +2
  • The MRQ is 0.491. Based on the equity, the company is cheap. +2
  • The TTM is 0.491. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.868MRQ0.491+0.376
MRQ0.491TTM0.4910.000
TTM0.491YOY0.516-0.025
TTM0.4915Y0.427+0.064
5Y0.42710Y0.4270.000
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of HARYANA LEATHER CHEMICALS LTD. 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--3.8983.8980%2.676+46%15.071-74%15.071-74%
Book Value Per Share--75.35375.3530%71.455+5%68.665+10%68.665+10%
Current Ratio--3.3623.3620%2.792+20%3.142+7%3.142+7%
Debt To Asset Ratio--0.1370.1370%0.188-27%0.178-23%0.178-23%
Debt To Equity Ratio--0.1590.1590%0.231-31%0.218-27%0.218-27%
Dividend Per Share----0%-0%0.385-100%0.385-100%
Eps--3.7913.7910%2.676+42%3.425+11%3.425+11%
Free Cash Flow Per Share---6.028-6.0280%4.387-237%-2.164-64%-2.164-64%
Free Cash Flow To Equity Per Share---6.028-6.0280%4.387-237%-2.589-57%-2.589-57%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---240.582--------
Intrinsic Value_10Y_min---200.380--------
Intrinsic Value_1Y_max---10.141--------
Intrinsic Value_1Y_min---9.854--------
Intrinsic Value_3Y_max---41.113--------
Intrinsic Value_3Y_min---38.638--------
Intrinsic Value_5Y_max---84.920--------
Intrinsic Value_5Y_min---77.102--------
Market Cap--181613390.000181613390.0000%181122543.000+0%144996203.800+25%144996203.800+25%
Net Profit Margin--0.0440.0440%0.034+30%0.047-7%0.047-7%
Operating Margin----0%-0%0.017-100%0.017-100%
Operating Ratio--1.6821.6820%1.750-4%1.664+1%1.664+1%
Pb Ratio0.868+43%0.4910.4910%0.516-5%0.427+15%0.427+15%
Pe Ratio17.241+43%9.7599.7590%13.790-29%9.013+8%9.013+8%
Price Per Share65.370+43%37.00037.0000%36.900+0%29.540+25%29.540+25%
Price To Free Cash Flow Ratio-10.844-77%-6.138-6.1380%8.412-173%4.035-252%4.035-252%
Price To Total Gains Ratio16.772+43%9.4939.4930%13.790-31%7.444+28%7.444+28%
Quick Ratio--2.2242.2240%1.568+42%1.690+32%1.690+32%
Return On Assets--0.0430.0430%0.030+43%0.041+6%0.041+6%
Return On Equity--0.0500.0500%0.037+34%0.050+0%0.050+0%
Total Gains Per Share--3.8983.8980%2.676+46%15.456-75%15.456-75%
Usd Book Value--4438386.6004438386.6000%4208814.840+5%4044490.032+10%4044490.032+10%
Usd Book Value Change Per Share--0.0470.0470%0.032+46%0.181-74%0.181-74%
Usd Book Value Per Share--0.9040.9040%0.857+5%0.824+10%0.824+10%
Usd Dividend Per Share----0%-0%0.005-100%0.005-100%
Usd Eps--0.0450.0450%0.032+42%0.041+11%0.041+11%
Usd Free Cash Flow---355065.120-355065.1200%258384.720-237%-127436.640-64%-127436.640-64%
Usd Free Cash Flow Per Share---0.072-0.0720%0.053-237%-0.026-64%-0.026-64%
Usd Free Cash Flow To Equity Per Share---0.072-0.0720%0.053-237%-0.031-57%-0.031-57%
Usd Market Cap--2179360.6802179360.6800%2173470.516+0%1739954.446+25%1739954.446+25%
Usd Price Per Share0.784+43%0.4440.4440%0.443+0%0.354+25%0.354+25%
Usd Profit--223323.000223323.0000%157607.520+42%201755.040+11%201755.040+11%
Usd Revenue--5097463.0805097463.0800%4665263.160+9%4346212.248+17%4346212.248+17%
Usd Total Gains Per Share--0.0470.0470%0.032+46%0.185-75%0.185-75%
 EOD+3 -3MRQTTM+0 -0YOY+25 -75Y+18 -1710Y+18 -17

3.2. Fundamental Score

Let's check the fundamental score of HARYANA LEATHER CHEMICALS LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1517.241
Price to Book Ratio (EOD)Between0-10.868
Net Profit Margin (MRQ)Greater than00.044
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than12.224
Current Ratio (MRQ)Greater than13.362
Debt to Asset Ratio (MRQ)Less than10.137
Debt to Equity Ratio (MRQ)Less than10.159
Return on Equity (MRQ)Greater than0.150.050
Return on Assets (MRQ)Greater than0.050.043
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of HARYANA LEATHER CHEMICALS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.137
Ma 20Greater thanMa 5066.214
Ma 50Greater thanMa 10068.926
Ma 100Greater thanMa 20063.946
OpenGreater thanClose69.800
Total3/5 (60.0%)



Latest Balance Sheet

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

Summary
Total Assets428,719
Total Liabilities58,853
Total Stockholder Equity369,866
 As reported
Total Liabilities 58,853
Total Stockholder Equity+ 369,866
Total Assets = 428,719

Assets

Total Assets428,719
Total Current Assets154,215
Long-term Assets274,503
Total Current Assets
Cash And Cash Equivalents 5,388
Short-term Investments 3,189
Net Receivables 98,811
Inventory 31,857
Other Current Assets 2,321
Total Current Assets  (as reported)154,215
Total Current Assets  (calculated)141,566
+/- 12,649
Long-term Assets
Property Plant Equipment 151,311
Long-term Assets Other 1,308
Long-term Assets  (as reported)274,503
Long-term Assets  (calculated)152,619
+/- 121,885

Liabilities & Shareholders' Equity

Total Current Liabilities45,870
Long-term Liabilities12,983
Total Stockholder Equity369,866
Total Current Liabilities
Short Long Term Debt 6,066
Accounts payable 32,108
Other Current Liabilities 1,264
Total Current Liabilities  (as reported)45,870
Total Current Liabilities  (calculated)39,438
+/- 6,432
Long-term Liabilities
Capital Lease Obligations Min Short Term Debt6,066
Long-term Liabilities  (as reported)12,983
Long-term Liabilities  (calculated)6,066
+/- 6,916
Total Stockholder Equity
Retained Earnings 273,613
Total Stockholder Equity (as reported)369,866
Total Stockholder Equity (calculated)273,613
+/- 96,252
Other
Capital Stock49,085
Common Stock Shares Outstanding 4,908
Net Invested Capital 369,866
Net Working Capital 108,345
Property Plant and Equipment Gross 342,449



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-31
> Total Assets 
0
0
387,287
411,268
389,692
431,701
428,719
428,719431,701389,692411,268387,28700
   > Total Current Assets 
212,997
229,930
229,866
252,971
126,587
191,496
154,215
154,215191,496126,587252,971229,866229,930212,997
       Cash And Cash Equivalents 
0
0
91,482
116,738
20,145
6,583
5,388
5,3886,58320,145116,73891,48200
       Short-term Investments 
0
0
0
0
3,983
6,824
3,189
3,1896,8243,9830000
       Net Receivables 
88,866
101,168
94,945
99,278
79,758
100,686
98,811
98,811100,68679,75899,27894,945101,16888,866
       Inventory 
35,363
42,578
28,809
31,694
18,712
37,013
31,857
31,85737,01318,71231,69428,80942,57835,363
       Other Current Assets 
5,639
3,745
12,106
1,854
1,836
0
2,321
2,32101,8361,85412,1063,7455,639
   > Long-term Assets 
0
0
157,421
158,298
263,106
240,205
274,503
274,503240,205263,106158,298157,42100
       Property Plant Equipment 
147,013
145,442
145,248
145,081
153,373
148,782
151,311
151,311148,782153,373145,081145,248145,442147,013
       Long-term Assets Other 
0
0
0
0
1,030
0
1,308
1,30801,0300000
> Total Liabilities 
0
0
81,891
89,661
52,091
80,967
58,853
58,85380,96752,09189,66181,89100
   > Total Current Liabilities 
80,777
83,725
71,783
78,519
40,391
68,576
45,870
45,87068,57640,39178,51971,78383,72580,777
       Short Long Term Debt 
0
0
6,844
506
55
0
6,066
6,0660555066,84400
       Accounts payable 
64,048
72,728
51,374
64,684
27,754
53,707
32,108
32,10853,70727,75464,68451,37472,72864,048
       Other Current Liabilities 
10,506
9,429
9,345
9,174
7,123
9,732
1,264
1,2649,7327,1239,1749,3459,42910,506
   > Long-term Liabilities 
0
0
10,107
11,141
11,700
12,390
12,983
12,98312,39011,70011,14110,10700
       Capital Lease Obligations Min Short Term Debt
0
0
0
0
0
0
6,066
6,066000000
> Total Stockholder Equity
0
0
305,396
321,608
337,601
350,735
369,866
369,866350,735337,601321,608305,39600
   Common Stock
49,085
49,085
49,085
49,085
0
0
0
00049,08549,08549,08549,085
   Retained Earnings Total Equity0000000
   Accumulated Other Comprehensive Income 0000000
   Capital Surplus 0000000
   Treasury Stock0000000
   Other Stockholders Equity 0000000



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 (+$)
totalRevenue424,789
Cost of Revenue-307,569
Gross Profit117,220117,220
 
Operating Income (+$)
Gross Profit117,220
Operating Expense-406,717
Operating Income18,071-289,498
 
Operating Expense (+$)
Research Development5,450
Selling General Administrative16,011
Selling And Marketing Expenses0
Operating Expense406,71721,462
 
Net Interest Income (+$)
Interest Income6,067
Interest Expense-285
Other Finance Cost-201
Net Interest Income5,581
 
Pretax Income (+$)
Operating Income18,071
Net Interest Income5,581
Other Non-Operating Income Expenses0
Income Before Tax (EBT)25,33818,071
EBIT - interestExpense = -285
18,610
18,895
Interest Expense285
Earnings Before Interest and Taxes (EBIT)025,622
Earnings Before Interest and Taxes (EBITDA)33,591
 
After tax Income (+$)
Income Before Tax25,338
Tax Provision-6,727
Net Income From Continuing Ops18,61018,610
Net Income18,610
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 Net0-5,581
 

Technical Analysis of HARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD.. The general trend of HARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS 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. 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 HARYANA LEATHER CHEMICALS 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: 71.92 < 73.74 < 75.99.

The bearish price targets are: 59.46 > 58.81 > 56.81.

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

Directionalities and relatives.

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

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

HARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS LTD.. The current macd is -0.79156905.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-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 HARYANA LEATHER CHEMICALS LTD. price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for HARYANA LEATHER CHEMICALS LTD.. 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 HARYANA LEATHER CHEMICALS LTD. 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 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
HARYANA LEATHER CHEMICALS LTD. Daily Moving Average Convergence/Divergence (MACD) ChartHARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD.. The current adx is 20.23.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-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 HARYANA LEATHER CHEMICALS LTD. shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
HARYANA LEATHER CHEMICALS 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.
  • 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 HARYANA LEATHER CHEMICALS LTD.. The current sar is 57.97.

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
HARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS LTD.. The current rsi is 46.14. The current phase is Correction in bull 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).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
HARYANA LEATHER CHEMICALS LTD. Daily Relative Strength Index (RSI) ChartHARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD. price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
HARYANA LEATHER CHEMICALS LTD. Daily Stochastic Oscillator ChartHARYANA LEATHER CHEMICALS 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, 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 HARYANA LEATHER CHEMICALS LTD.. The current cci is 3.93137956.

HARYANA LEATHER CHEMICALS LTD. Daily Commodity Channel Index (CCI) ChartHARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD.. The current cmo is -7.10945702.

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
HARYANA LEATHER CHEMICALS LTD. Daily Chande Momentum Oscillator (CMO) ChartHARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS LTD.. The current willr is -42.89526351.

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 HARYANA LEATHER CHEMICALS LTD. is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
HARYANA LEATHER CHEMICALS LTD. Daily Williams %R ChartHARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS LTD..

HARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD.. The current atr is 4.20488923.

HARYANA LEATHER CHEMICALS LTD. Daily Average True Range (ATR) ChartHARYANA LEATHER CHEMICALS LTD. 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 HARYANA LEATHER CHEMICALS LTD.. The current obv is 173,105.

HARYANA LEATHER CHEMICALS LTD. Daily On-Balance Volume (OBV) ChartHARYANA LEATHER CHEMICALS 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 HARYANA LEATHER CHEMICALS LTD.. The current mfi is 21.13.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
HARYANA LEATHER CHEMICALS LTD. Daily Money Flow Index (MFI) ChartHARYANA LEATHER CHEMICALS LTD. Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for HARYANA LEATHER CHEMICALS 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
2023-11-07WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-08CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28STOCH 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
2023-11-30BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-06MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-07ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-12-20MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03SAR 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
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-11MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-15MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-17RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-22RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-29STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-12DMI 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
2024-03-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-20SAR 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
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28DMI 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.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside

6.3. Candlestick Patterns

HARYANA LEATHER CHEMICALS LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of HARYANA LEATHER CHEMICALS LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5046.137
Ma 20Greater thanMa 5066.214
Ma 50Greater thanMa 10068.926
Ma 100Greater thanMa 20063.946
OpenGreater thanClose69.800
Total3/5 (60.0%)
Penke

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