⚠ 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.
BANDHANBNK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | BANDHANBNK | Market Cap | 23,971 Cr. | Current Price | 149 ₹ | High / Low | 192 ₹ |
| Stock P/E | 23.8 | Book Value | 153 ₹ | Dividend Yield | 1.01 % | ROCE | 7.82 % |
| ROE | 11.9 % | Face Value | 10.0 ₹ | DMA 50 | 149 ₹ | DMA 200 | 159 ₹ |
| Chg in FII Hold | -1.12 % | Chg in DII Hold | 0.94 % | PAT Qtr | 206 Cr. | PAT Prev Qtr | 112 Cr. |
| RSI | 52.1 | MACD | 1.01 | Volume | 53,57,673 | Avg Vol 1Wk | 1,01,40,450 |
| Low price | 128 ₹ | High price | 192 ₹ | PEG Ratio | 0.13 | Debt to equity | 6.76 |
| 52w Index | 32.1 % | Qtr Profit Var | -51.8 % | EPS | 6.25 ₹ | Industry PE | 15.8 |
📈 Technical Analysis
- Chart Patterns: Price is at 50 DMA (149 ₹) but below 200 DMA (159 ₹), showing mixed signals.
- Moving Averages: Current price (149 ₹) is flat at 50 DMA, suggesting consolidation.
- RSI: At 52.1, neutral, indicating balanced momentum.
- MACD: Positive (1.01), showing mild bullish momentum.
- Bollinger Bands: Price is mid-range, suggesting consolidation without breakout.
- Volume Trends: Current volume (53,57,673) is lower than 1-week average (1,01,40,450), showing reduced participation.
📊 Momentum & Trend
- Short-term Momentum: Neutral to mildly bullish with MACD positive and RSI stable.
- Support Zone: 145 ₹ – 148 ₹ (near current levels).
- Resistance Zone: 155 ₹ – 160 ₹ (near 200 DMA).
- Trend: Consolidating with slight bullish bias.
- Optimal Entry: Around 145 ₹ – 148 ₹ if support holds.
- Optimal Exit: Around 155 ₹ – 160 ₹ unless breakout occurs.
✅ Positive
- Quarterly PAT growth (206 Cr vs 112 Cr), showing earnings improvement.
- Dividend yield of 1.01% provides investor returns.
- PEG ratio (0.13) indicates attractive valuation relative to growth.
- DII holding increased (+0.94%), showing stronger domestic institutional support.
⚠️ Limitation
- P/E (23.8) is higher than industry average (15.8), suggesting valuation premium.
- High debt-to-equity ratio (6.76) indicates significant leverage risk.
- ROCE (7.82%) and ROE (11.9%) are modest compared to peers.
📉 Company Negative News
- FII holding decreased (-1.12%), showing weaker foreign investor sentiment.
- Quarterly profit variation (-51.8%) highlights earnings volatility.
📈 Company Positive News
- DII holding increased (+0.94%), reflecting domestic institutional confidence.
- EPS of 6.25 ₹ supports valuation despite volatility.
🏭 Industry
- Industry PE at 15.8, lower than company PE, suggesting valuation premium.
- Sector outlook remains steady, but company trades at higher multiples than peers.
🔎 Conclusion
- Stock is consolidating with mild bullish signals but faces resistance near 200 DMA.
- Entry near support (145 ₹ – 148 ₹) could be favorable for short-term trades.
- Exit near resistance (155 ₹ – 160 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to high leverage and valuation risks despite improving profitability.