⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ACC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | ACC | Market Cap | 30,796 Cr. | Current Price | 1,640 ₹ | High / Low | 2,123 ₹ |
| Stock P/E | 12.2 | Book Value | 1,046 ₹ | Dividend Yield | 0.46 % | ROCE | 17.6 % |
| ROE | 13.4 % | Face Value | 10.0 ₹ | DMA 50 | 1,747 ₹ | DMA 200 | 1,858 ₹ |
| Chg in FII Hold | 0.95 % | Chg in DII Hold | -1.18 % | PAT Qtr | 404 Cr. | PAT Prev Qtr | 1,112 Cr. |
| RSI | 30.5 | MACD | -30.3 | Volume | 1,39,694 | Avg Vol 1Wk | 2,41,970 |
| Low price | 1,595 ₹ | High price | 2,123 ₹ | PEG Ratio | 1.79 | Debt to equity | 0.02 |
| 52w Index | 8.52 % | Qtr Profit Var | -62.9 % | EPS | 148 ₹ | Industry PE | 30.0 |
📊 Technical Analysis
- Chart Patterns: Price is trading below both 50 DMA (1,747 ₹) and 200 DMA (1,858 ₹), confirming bearish momentum.
- RSI (30.5): Near oversold zone, suggesting potential for a short-term bounce but overall weakness.
- MACD (-30.3): Negative crossover indicates continuation of bearish trend.
- Bollinger Bands: Price near lower band, showing oversold conditions but risk of breakdown if selling persists.
- Volume Trends: Current volume (1.39L) is below 1-week average (2.41L), reflecting weak participation and lack of strong buying interest.
📈 Momentum & Signals
- Trend: Bearish reversal.
- Support Zones: 1,595 ₹ (recent low), 1,550 ₹ (psychological level), 1,460 ₹ (major support).
- Resistance Zones: 1,747 ₹ (50 DMA), 1,858 ₹ (200 DMA), 2,123 ₹ (52-week high).
- Entry Zone: 1,600–1,640 ₹ only for short-term traders looking for oversold bounce.
- Exit Zone: 1,740–1,800 ₹ unless strong reversal above 1,858 ₹ occurs.
✅ Positive
- Attractive P/E (12.2) compared to industry average (30.0), suggesting undervaluation.
- Strong book value (1,046 ₹) provides fundamental support.
- Low debt-to-equity ratio (0.02) indicates financial stability.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, confirming bearish technical setup.
- Quarterly PAT dropped sharply from 1,112 Cr. to 404 Cr. (–62.9%).
- Weak RSI and MACD signals show continued selling pressure.
📉 Company Negative News
- DII holding decreased (–1.18%), showing reduced domestic institutional confidence.
- Sharp decline in quarterly profits raises concerns about earnings sustainability.
📈 Company Positive News
- FII holding increased (+0.95%), showing foreign investor interest despite weak earnings.
- EPS of 148 ₹ supports valuation strength compared to peers.
🏭 Industry
- Industry P/E at 30.0 is much higher, highlighting ACC’s relative undervaluation.
- Cement sector is cyclical, dependent on infrastructure demand and construction activity.
🔎 Conclusion
- Stock is in a bearish reversal phase.
- RSI oversold and MACD negative suggest caution; only short-term bounce possible.
- Best strategy: Accumulate cautiously near 1,600–1,640 ₹ with strict stop-loss below 1,550 ₹.
- Upside limited to 1,740–1,800 ₹ unless strong reversal above 1,858 ₹ occurs.