BBTC - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.3

📉 BBTC is currently consolidating with mild bullish undertones. The stock is hovering near its moving averages with neutral RSI and a positive MACD, but weak volume and recent losses suggest caution.

📊 Technical Analysis Summary

• Trend Status: Consolidating
• RSI (53.8): Neutral — no strong momentum
• MACD (38.8): Positive crossover — early bullish signal
• Volume: ~24% below 1-week average — weak conviction
• DMA 50 & 200: Price slightly above both — trend indecisive
• Bollinger Bands: Price near mid-band — no breakout signal

🎯 Entry & Exit Zones

• Support Levels: ₹1,927, ₹1,880, ₹1,840
• Resistance Levels: ₹2,050, ₹2,200, ₹2,420
• Optimal Entry: ₹1,940–₹1,970 (on dip)
• Exit Target: ₹2,200–₹2,420 (short-term resistance)

✅ Positive

• Strong ROCE (28.0%) and ROE (55.5%) — excellent capital efficiency
• EPS of ₹20.6 — solid earnings profile
• MACD crossover suggests potential for short-term upside
• Low PEG ratio (1.16) — reasonable valuation relative to growth

⚠️ Limitation

• Price near moving averages — trend lacks momentum
• Volume below average — weak participation
• High P/E (185) vs industry — valuation premium
• Debt-to-equity ratio (1.71) — elevated leverage risk

📉 Company Negative News

• Quarterly PAT negative at ₹-12.2 Cr — continued losses
• FII holding declined by 0.03% — slight institutional caution

📈 Company Positive News

• Quarterly loss narrowed from ₹-19.2 Cr to ₹-12.2 Cr — signs of recovery
• Stock up 30%+ from 52-week low — early rebound

🏭 Industry

• Sector: Conglomerate / Diversified Holdings
• Industry P/E: 48.0 vs BBTC’s P/E: 185 — significantly overvalued
• Sector outlook mixed due to macroeconomic headwinds and portfolio volatility

🧾 Conclusion

• BBTC is consolidating with mild bullish technical indicators
• Entry near ₹1,940–₹1,970 with targets at ₹2,200–₹2,420
• Monitor volume and RSI for signs of trend confirmation
• Valuation and earnings volatility suggest caution for long-term investors