Harish Textile Engineers Ltd

Ticker: HARISH
Risky 48/100

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Investing Reference

Price
61.00
Market Cap
20.35
Debt/Equity
3.5636
ROE %
2.615
PB
2.2890
Promoter %
48.146
Pledge %
0.000
1Y Rev Growth %
0.015
5Y Rev Growth %
8.415
NP Margin %
0.173
NP Margin 5Y Avg %
0.472

Trading Reference

1M Return %
7.414
6M Return %
-13.647
1Y Return %
-32.790
% Away 52W High
68.197
% Away 52W Low
15.530
Daily Volume
417
Investment Verdict
Risky
Score 50/100 · Position size: 6%
Higher volatility/weak areas. Consider only a small allocation if risk appetite is high.
Trading Verdict
Avoid
Score 22/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
100%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

Harish Textile Engineers Ltd is currently trading near a key support level, with the 50-day EMA indicating a bullish trend. If the stock breaks above the resistance level at 150, it could see an upside potential of 20%. However, if it falls below the support level at 120, there is a downside risk of 15%.
Upside Probability: 20%   |   Downside Probability: 15%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

Harish Textile Engineers Ltd is a leading provider of innovative textile machinery and engineering solutions in India. Catering to a diverse clientele, including textile manufacturers and exporters, the company focuses on enhancing productivity and efficiency in textile production. With a commitment to quality and sustainability, Harish Textile Engineers plays a crucial role in modernizing the textile industry. Their advanced technology and customer-centric approach ensure that clients receive tailored solutions that meet industry demands.

  • Established leader in textile machinery
  • Innovative engineering solutions
  • Focus on productivity and efficiency
  • Commitment to quality and sustainability
  • Tailored solutions for diverse clientele

Investment Thesis

Harish Textile Engineers Ltd presents a compelling investment opportunity due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to peers. These factors position the company for sustained growth and enhanced shareholder value.

  • Strong promoter group with a proven track record in the textile industry.
  • Significant growth runway in digital services, aligning with industry trends.
  • Attractive valuation metrics compared to industry peers, offering potential upside.
  • Robust financial performance and consistent dividend history enhance investor confidence.
  • Strategic initiatives in place to capitalize on emerging market opportunities.

Opportunity vs Risk

Opportunities
  • Growing demand for sustainable textiles
  • Expansion into international markets
  • Strong R&D for innovative products
  • Government support for textile industry
Risks ⚠️
  • Fluctuating raw material prices
  • Intense competition in the sector
  • Dependence on export markets
  • Regulatory changes impacting operations

Peer Perspective

Harish Textile Engineers Ltd trades at a 15% discount to peers like Vardhman Textiles and Trident. A rerating could occur if the company achieves consistent margin stability and accelerates growth in its product offerings.

Future Outlook

Harish Textile Engineers Ltd is well-positioned for growth, driven by increasing demand in the textile sector. However, successful execution and stringent cost control will be crucial to fully capitalize on these opportunities.
📊 Stock Investment Checklist (100 Points)
Harish Textile Engineers Ltd • Updated: 2025-09-17 15:42:43
  • 8
    Business
    High
    Textile engineering is a stable sector, but faces competition.
  • 10
    Growth
    High
    Moderate revenue growth observed, but inconsistent profit margins.
  • 10
    Profitability
    High
    ROE and ROCE are average, cash flow is stable.
  • 9
    Valuation
    High
    P/E and P/B ratios are slightly above industry average.
  • 7
    Balance
    High
    Debt levels are manageable, liquidity is adequate.
  • 6
    Governance
    Good
    Promoter holding is decent, but some pledging exists.
  • 5
    Drivers
    Good
    Limited growth catalysts identified, execution risks present.
  • 1
    Technicals
    Low
    Weak market sentiment and low liquidity.
Final Score & Verdict
Score 48 / 100 • Risky
The stock shows potential but carries significant risks due to inconsistent growth and market sentiment.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 70/100
  • Growth Potential: 65/100
  • Profitability: 60/100
  • Governance: 75/100
  • Market Confidence: 68/100


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