BATAINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | BATAINDIA | Market Cap | 9,234 Cr. | Current Price | 718 ₹ | High / Low | 1,301 ₹ |
| Stock P/E | 48.8 | Book Value | 118 ₹ | Dividend Yield | 2.64 % | ROCE | 15.2 % |
| ROE | 15.6 % | Face Value | 5.00 ₹ | DMA 50 | 748 ₹ | DMA 200 | 942 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | -0.92 % | PAT Qtr | 71.9 Cr. | PAT Prev Qtr | 18.7 Cr. |
| RSI | 47.6 | MACD | 5.18 | Volume | 1,12,426 | Avg Vol 1Wk | 1,85,696 |
| Low price | 605 ₹ | High price | 1,301 ₹ | PEG Ratio | 1.44 | Debt to equity | 0.91 |
| 52w Index | 16.3 % | Qtr Profit Var | 9.87 % | EPS | 13.6 ₹ | Industry PE | 35.2 |
📉 BATAINDIA is trading at ₹718, below both its 50 DMA (₹748) and 200 DMA (₹942), signaling weakness. RSI at 47.6 indicates neutral-to-bearish momentum, while MACD at 5.18 suggests mild bullish divergence. Bollinger Bands show price consolidating near the lower-mid range. Current volume (1,12,426) is below the 1-week average (1,85,696), reflecting weak participation.
🔑 Short-term momentum signals: Support lies near ₹705–₹715, resistance around ₹745–₹755. Entry zone is closer to ₹710–₹715 if support holds. Exit zone should be considered near ₹745–₹755. The stock is in a consolidation phase with limited upside momentum.
✅ Positive
- ROE (15.6%) and ROCE (15.2%) show stable profitability.
- Dividend yield of 2.64% adds shareholder value.
- EPS of ₹13.6 provides earnings base.
- Quarterly PAT improved (₹71.9 Cr vs ₹18.7 Cr).
- FII holdings increased (+0.25%), showing foreign investor confidence.
⚠️ Limitation
- P/E of 48.8 vs industry average of 35.2 indicates premium valuation.
- PEG ratio of 1.44 suggests moderate valuation relative to growth.
- Price trading below both 50 DMA and 200 DMA caps upside potential.
- DII holdings declined (-0.92%), showing domestic investor caution.
- Volume below average reduces conviction in momentum signals.
📉 Company Negative News
- Decline in domestic institutional confidence.
- Valuation stretched compared to peers.
📊 Company Positive News
- Quarterly profits improved significantly.
- FII inflows support sentiment.
🏭 Industry
- Industry P/E at 35.2 highlights sector trading at lower multiples.
- Footwear and retail sector remains resilient but faces valuation pressure.
📝 Conclusion
BATAINDIA is consolidating with weak technical momentum, trading below key moving averages. Fundamentals show improving profits and foreign inflows, but valuations remain stretched. Entry near ₹710–₹715 offers cautious opportunity, with exit around ₹745–₹755. Strict stop-loss discipline is essential given consolidation and valuation risks.
Would you like me to extend this into a sector overlay benchmarking module comparing BATAINDIA against peers like Relaxo and Metro Brands for relative strength and valuation?