⚠ 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.
BALRAMCHIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BALRAMCHIN | Market Cap | 8,545 Cr. | Current Price | 423 ₹ | High / Low | 628 ₹ |
| Stock P/E | 23.0 | Book Value | 183 ₹ | Dividend Yield | 0.83 % | ROCE | 9.84 % |
| ROE | 10.1 % | Face Value | 1.00 ₹ | DMA 50 | 434 ₹ | DMA 200 | 486 ₹ |
| Chg in FII Hold | -0.65 % | Chg in DII Hold | -0.09 % | PAT Qtr | 46.0 Cr. | PAT Prev Qtr | 43.1 Cr. |
| RSI | 49.8 | MACD | -6.70 | Volume | 5,54,243 | Avg Vol 1Wk | 3,36,177 |
| Low price | 393 ₹ | High price | 628 ₹ | PEG Ratio | -2.31 | Debt to equity | 0.21 |
| 52w Index | 12.7 % | Qtr Profit Var | 1,413 % | EPS | 18.4 ₹ | Industry PE | 10.6 |
📈 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (434 ₹) and 200 DMA (486 ₹), showing weakness.
- Moving Averages: Current price (423 ₹) is under DMAs, indicating bearish bias.
- RSI: At 49.8, neutral, suggesting consolidation.
- MACD: Negative (-6.70), confirming bearish momentum.
- Bollinger Bands: Price is mid-to-lower band, showing consolidation with mild downside risk.
- Volume Trends: Current volume (5,54,243) is above 1-week average (3,36,177), indicating strong participation.
📊 Momentum & Trend
- Short-term Momentum: Bearish bias with RSI neutral and MACD negative.
- Support Zone: 410 ₹ – 420 ₹ (near current levels).
- Resistance Zone: 430 ₹ – 440 ₹ (near 50 DMA).
- Trend: Consolidating with bearish undertone.
- Optimal Entry: Around 410 ₹ – 420 ₹ if support holds.
- Optimal Exit: Around 430 ₹ – 440 ₹ unless breakout occurs.
✅ Positive
- Quarterly PAT growth (46 Cr vs 43.1 Cr), showing earnings improvement.
- EPS of 18.4 ₹, reflecting profitability.
- Dividend yield of 0.83% provides investor returns.
- Debt-to-equity ratio (0.21) indicates low leverage.
⚠️ Limitation
- P/E (23.0) is higher than industry average (10.6), suggesting overvaluation.
- PEG ratio (-2.31) indicates weak growth prospects relative to valuation.
- ROCE (9.84%) and ROE (10.1%) are modest compared to peers.
📉 Company Negative News
- FII holding decreased (-0.65%), showing weaker foreign investor sentiment.
- DII holding decreased (-0.09%), showing reduced domestic institutional support.
📈 Company Positive News
- Quarterly profit growth of 1,413% compared to previous quarter highlights strong recovery.
- EPS of 18.4 ₹ supports valuation despite volatility.
🏭 Industry
- Industry PE at 10.6, much lower than company PE, suggesting valuation premium.
- Sector outlook remains steady, but company trades at higher multiples than peers.
🔎 Conclusion
- Stock is consolidating with bearish signals but showing signs of stabilization.
- Entry near support (410 ₹ – 420 ₹) could be favorable for short-term rebound trades.
- Exit near resistance (430 ₹ – 440 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to stretched valuations despite improving profitability and low leverage.