BAYERCROP - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | BAYERCROP | Market Cap | 20,218 Cr. | Current Price | 4,493 ₹ | High / Low | 6,540 ₹ |
| Stock P/E | 30.2 | Book Value | 695 ₹ | Dividend Yield | 2.79 % | ROCE | 24.8 % |
| ROE | 20.0 % | Face Value | 10.0 ₹ | DMA 50 | 4,576 ₹ | DMA 200 | 4,880 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | 0.25 % | PAT Qtr | 95.7 Cr. | PAT Prev Qtr | 153 Cr. |
| RSI | 43.2 | MACD | -30.0 | Volume | 20,178 | Avg Vol 1Wk | 28,051 |
| Low price | 4,273 ₹ | High price | 6,540 ₹ | PEG Ratio | -16.6 | Debt to equity | 0.03 |
| 52w Index | 9.72 % | Qtr Profit Var | 180 % | EPS | 149 ₹ | Industry PE | 22.2 |
📈 Chart & Trend Analysis: BAYERCROP is trading below both its 50 DMA (4,576 ₹) and 200 DMA (4,880 ₹), with the current price at 4,493 ₹. This indicates bearish bias and short-term weakness.
📊 Momentum Indicators: RSI at 43.2 shows weak momentum, leaning towards oversold territory. MACD at -30.0 confirms bearish crossover, signaling continued short-term weakness.
📉 Bollinger Bands & Volume: Price is near the lower band, suggesting potential support but also weakness. Current volume (20,178) is below weekly average (28,051), showing reduced participation and lack of strong buying interest.
🔑 Support & Resistance Zones:
- Support: 4,273 ₹ (recent low), 4,200 ₹ (psychological support)
- Resistance: 4,576 ₹ (50 DMA), 4,880 ₹ (200 DMA), 5,200–5,400 ₹ (trendline resistance)
Optimal Entry: 4,300–4,500 ₹ (near support)
Optimal Exit: 4,600–4,900 ₹ (resistance zone)
📌 Trend Status: The stock is consolidating with bearish bias, showing weak momentum and trading below key moving averages.
Positive
- Strong ROCE (24.8%) and ROE (20.0%) indicate efficient capital use.
- Dividend yield of 2.79% provides attractive shareholder returns.
- Debt-to-equity ratio of 0.03 shows a virtually debt-free balance sheet.
- EPS of 149 ₹ supports valuation strength.
Limitation
- Stock P/E (30.2) is higher than industry average (22.2), suggesting stretched valuation.
- PEG ratio (-16.6) indicates poor earnings growth relative to valuation.
- Weak RSI and negative MACD show lack of momentum.
- Stock trading below both 50 DMA and 200 DMA, reflecting short-term weakness.
Company Negative News
- Quarterly PAT declined to 95.7 Cr. from 153 Cr., showing earnings pressure.
- Stock trading near 52-week low (9.72% of high), reflecting weak sentiment.
Company Positive News
- Quarterly profit variation (+180%) indicates strong earnings recovery momentum compared to prior year base.
- FII holding increased slightly (+0.04%) and DII holding increased (+0.25%), reflecting institutional support.
Industry
- Industry PE at 22.2 is lower than BAYERCROP’s PE (30.2), suggesting premium valuation compared to peers.
- Agriculture and crop protection sector outlook remains cyclical, tied to monsoon, commodity prices, and government policies.
Conclusion
⚖️ BAYERCROP is consolidating with bearish bias, trading below key moving averages with weak momentum signals. Fundamentals show strong ROE/ROCE, dividend support, and debt-free stability, but stretched valuation and declining quarterly profits limit upside. Traders may consider entry near 4,300–4,500 ₹ with exits around 4,600–4,900 ₹. Momentum confirmation is needed before aggressive positioning, as short-term signals remain weak despite strong fundamentals.
Would you like me to extend this into a peer benchmarking overlay comparing BAYERCROP against other agrochemical/crop protection stocks (valuation, ROE/ROCE, momentum) so you can see relative strength before deciding entry?