⚠ 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.
BASF - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | BASF | Market Cap | 15,704 Cr. | Current Price | 3,628 ₹ | High / Low | 5,424 ₹ |
| Stock P/E | 40.8 | Book Value | 881 ₹ | Dividend Yield | 0.55 % | ROCE | 18.0 % |
| ROE | 13.7 % | Face Value | 10.0 ₹ | DMA 50 | 3,884 ₹ | DMA 200 | 4,419 ₹ |
| Chg in FII Hold | -0.01 % | Chg in DII Hold | -0.01 % | PAT Qtr | 101 Cr. | PAT Prev Qtr | 147 Cr. |
| RSI | 41.0 | MACD | -85.1 | Volume | 26,418 | Avg Vol 1Wk | 73,611 |
| Low price | 3,523 ₹ | High price | 5,424 ₹ | PEG Ratio | -6.11 | Debt to equity | 0.04 |
| 52w Index | 5.53 % | Qtr Profit Var | -21.0 % | EPS | 92.2 ₹ | Industry PE | 26.3 |
📈 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (3,884 ₹) and 200 DMA (4,419 ₹), showing weakness.
- Moving Averages: Current price (3,628 ₹) is under both DMAs, indicating bearish bias.
- RSI: At 41.0, nearing oversold territory, suggesting potential rebound.
- MACD: Negative (-85.1), confirming bearish momentum.
- Bollinger Bands: Price is near lower band, showing oversold conditions.
- Volume Trends: Current volume (26,418) is well below 1-week average (73,611), indicating weak participation.
📊 Momentum & Trend
- Short-term Momentum: Bearish with RSI weak and MACD negative.
- Support Zone: 3,600 ₹ – 3,620 ₹ (near current levels).
- Resistance Zone: 3,850 ₹ – 3,900 ₹ (near 50 DMA).
- Trend: Consolidating with bearish bias.
- Optimal Entry: Around 3,600 ₹ – 3,620 ₹ if support holds.
- Optimal Exit: Around 3,850 ₹ – 3,900 ₹ unless breakout occurs.
✅ Positive
- Strong ROCE (18.0%) and ROE (13.7%).
- Low debt-to-equity (0.04), financially stable.
- Dividend yield of 0.55% provides investor returns.
⚠️ Limitation
- High P/E (40.8) compared to industry average (26.3), suggesting overvaluation.
- Quarterly PAT declined (101 Cr vs 147 Cr), showing earnings pressure.
- PEG ratio (-6.11) indicates weak growth prospects relative to valuation.
📉 Company Negative News
- FII holding decreased (-0.01%), showing reduced foreign investor confidence.
- DII holding decreased (-0.01%), showing weaker domestic institutional support.
- Quarterly profit variation (-21.0%) highlights operational slowdown.
📈 Company Positive News
- EPS of 92.2 ₹, reflecting profitability despite recent decline.
- Stable dividend yield supports investor sentiment.
🏭 Industry
- Industry PE at 26.3, lower than company PE, suggesting valuation premium.
- Sector remains steady, but company performance is lagging peers.
🔎 Conclusion
- Stock is consolidating with bearish signals and nearing oversold territory.
- Entry near support (3,600 ₹ – 3,620 ₹) could be favorable for short-term rebound trades.
- Exit near resistance (3,850 ₹ – 3,900 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to declining profits and stretched valuations despite strong fundamentals.