ACC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | ACC | Market Cap | 26,705 Cr. | Current Price | 1,422 ₹ | High / Low | 2,029 ₹ |
| Stock P/E | 12.5 | Book Value | 1,087 ₹ | Dividend Yield | 0.53 % | ROCE | 11.4 % |
| ROE | 11.0 % | Face Value | 10.0 ₹ | DMA 50 | 1,468 ₹ | DMA 200 | 1,687 ₹ |
| Chg in FII Hold | -0.06 % | Chg in DII Hold | 0.25 % | PAT Qtr | 250 Cr. | PAT Prev Qtr | 404 Cr. |
| RSI | 49.2 | MACD | -0.30 | Volume | 1,87,324 | Avg Vol 1Wk | 1,89,052 |
| Low price | 1,250 ₹ | High price | 2,029 ₹ | PEG Ratio | 0.39 | Debt to equity | 0.02 |
| 52w Index | 22.1 % | Qtr Profit Var | -60.2 % | EPS | 122 ₹ | Industry PE | 30.8 |
📈 Chart Patterns & Trend: ACC is trading below both 50 DMA (₹1,468) and 200 DMA (₹1,687), reflecting weak momentum. RSI at 49.2 indicates neutral-to-weak bias, while MACD at -0.30 suggests bearish undertone. Bollinger Bands show narrowing, pointing to consolidation. Price action remains closer to support zones than highs, signaling caution.
🔑 Momentum Signals: RSI below 50 signals lack of strength. MACD negative confirms bearish bias. Volumes (1.87L) are in line with average (1.89L), showing no strong accumulation or distribution. Trendlines highlight support near ₹1,380 and resistance near ₹1,470.
🎯 Entry Zone: ₹1,370 – ₹1,400 (support levels)
💰 Exit Zone: ₹1,470 – ₹1,500 (resistance levels)
📊 Status: Consolidating with weak bias; reversal unlikely unless earnings stabilize and price breaks above DMA levels.
Positive
- Attractive P/E (12.5) vs industry average (30.8)
- Strong book value (₹1,087) supports valuation
- Low debt-to-equity (0.02) ensures financial stability
- Dividend yield at 0.53% provides income support
Limitation
- Quarterly PAT dropped sharply (₹250 Cr vs ₹404 Cr, -60.2%)
- Weak ROE (11.0%) and ROCE (11.4%)
- Stock trading below both 50 DMA and 200 DMA
- Neutral RSI and negative MACD indicate weak momentum
Company Negative News
- FII holdings declined (-0.06%)
- Sharp earnings contraction raises concerns
Company Positive News
- DII holdings increased (+0.25%)
- Valuation attractive compared to peers
Industry
- Industry PE at 30.8 highlights sector premium vs ACC’s undervaluation
- Cement sector showing moderate growth but margin pressures persist
Conclusion
⚠️ ACC is consolidating with weak technical momentum. Despite attractive valuations and strong book value, earnings contraction and weak ROE/ROCE weigh on sentiment. Best suited for cautious entries near ₹1,370–₹1,400 with profit-taking near ₹1,470–₹1,500. Sustained recovery requires earnings stabilization and price crossing above DMA levels.
Would you like me to layer in a peer comparison (ACC vs Ultratech, Shree Cement, Ambuja) so you can see how its undervaluation stacks against sector leaders?