⚠ 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.
BANKBARODA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | BANKBARODA | Market Cap | 1,43,583 Cr. | Current Price | 278 ₹ | High / Low | 313 ₹ |
| Stock P/E | 7.47 | Book Value | 294 ₹ | Dividend Yield | 2.96 % | ROCE | 6.24 % |
| ROE | 15.7 % | Face Value | 2.00 ₹ | DMA 50 | 294 ₹ | DMA 200 | 268 ₹ |
| Chg in FII Hold | 1.13 % | Chg in DII Hold | -0.21 % | PAT Qtr | 5,055 Cr. | PAT Prev Qtr | 4,809 Cr. |
| RSI | 35.4 | MACD | 0.27 | Volume | 1,65,63,023 | Avg Vol 1Wk | 1,39,04,850 |
| Low price | 191 ₹ | High price | 313 ₹ | PEG Ratio | 0.19 | Debt to equity | 11.0 |
| 52w Index | 70.9 % | Qtr Profit Var | 4.49 % | EPS | 37.6 ₹ | Industry PE | 7.64 |
📈 Technical Analysis
- Chart Patterns: Price is below 50 DMA (294 ₹) but above 200 DMA (268 ₹), showing mixed signals.
- Moving Averages: Current price (278 ₹) is under 50 DMA but above 200 DMA, indicating consolidation.
- RSI: At 35.4, nearing oversold territory, suggesting potential rebound.
- MACD: Positive (0.27), showing mild bullish momentum despite weak RSI.
- Bollinger Bands: Price is near lower band, showing oversold conditions.
- Volume Trends: Current volume (1,65,63,023) is higher than 1-week average (1,39,04,850), indicating strong participation.
📊 Momentum & Trend
- Short-term Momentum: Neutral to mildly bullish with MACD positive but RSI weak.
- Support Zone: 270 ₹ – 275 ₹ (near current levels).
- Resistance Zone: 290 ₹ – 295 ₹ (near 50 DMA).
- Trend: Consolidating with mild bullish bias.
- Optimal Entry: Around 270 ₹ – 275 ₹ if support holds.
- Optimal Exit: Around 290 ₹ – 295 ₹ unless breakout occurs.
✅ Positive
- Strong EPS of 37.6 ₹ supports valuation.
- Dividend yield of 2.96% provides investor returns.
- Quarterly PAT growth (5,055 Cr vs 4,809 Cr), showing earnings improvement.
- FII holding increased (+1.13%), showing stronger foreign investor confidence.
- PEG ratio (0.19) indicates attractive valuation relative to growth.
⚠️ Limitation
- ROCE (6.24%) is modest compared to peers.
- High debt-to-equity ratio (11.0) indicates significant leverage risk.
- Current price below 50 DMA suggests short-term weakness.
📉 Company Negative News
- DII holding decreased (-0.21%), showing weaker domestic institutional sentiment.
- RSI at 35.4 indicates weak momentum and oversold conditions.
📈 Company Positive News
- Quarterly profit growth of 4.49% indicates operational improvement.
- FII holding increased (+1.13%), reflecting foreign investor confidence.
🏭 Industry
- Industry PE at 7.64, close to company PE (7.47), suggesting fair valuation.
- Sector outlook remains steady with consistent demand in banking.
🔎 Conclusion
- Stock is consolidating with mild bullish signals but faces resistance near 50 DMA.
- Entry near support (270 ₹ – 275 ₹) could be favorable for short-term trades.
- Exit near resistance (290 ₹ – 295 ₹) unless breakout confirms reversal.
- Long-term investors may benefit from strong EPS and dividend yield, but should monitor leverage risks and modest ROCE.