BHARTIARTL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | BHARTIARTL | Market Cap | 11,49,679 Cr. | Current Price | 1,887 ₹ | High / Low | 2,175 ₹ |
| Stock P/E | 52.6 | Book Value | 244 ₹ | Dividend Yield | 0.85 % | ROCE | 8.18 % |
| ROE | 11.4 % | Face Value | 5.00 ₹ | DMA 50 | 1,876 ₹ | DMA 200 | 1,915 ₹ |
| Chg in FII Hold | -0.96 % | Chg in DII Hold | 0.99 % | PAT Qtr | 4,247 Cr. | PAT Prev Qtr | 4,545 Cr. |
| RSI | 57.9 | MACD | 0.53 | Volume | 1,34,62,177 | Avg Vol 1Wk | 92,06,327 |
| Low price | 1,747 ₹ | High price | 2,175 ₹ | PEG Ratio | 0.49 | Debt to equity | 1.16 |
| 52w Index | 32.7 % | Qtr Profit Var | -35.5 % | EPS | 38.1 ₹ | Industry PE | 41.0 |
📈 Chart & Trend Analysis:
- Current price ₹1,887 is above 50 DMA (₹1,876) but slightly below 200 DMA (₹1,915), showing short-term strength but medium-term resistance.
- RSI at 57.9 indicates healthy momentum, not yet overbought.
- MACD at 0.53 remains mildly positive, suggesting limited bullish bias.
- Bollinger Bands show price mid-range, leaving room for expansion.
- Volume (1,34,62,177) is higher than 1-week average (92,06,327), confirming strong participation.
🎯 Entry Zone: ₹1,860–1,880 (support near 50 DMA)
🎯 Exit Zone: ₹1,920–1,940 (resistance near 200 DMA and supply zone)
📊 Status: Consolidating with mild upward bias; breakout above 1,915–1,940 needed for trend continuation.
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Positive
✔ Strong market cap (₹11,49,679 Cr) ensures stability
✔ PEG ratio (0.49) suggests attractive growth relative to price
✔ EPS of ₹38.1 supports earnings visibility
✔ Volume surge indicates strong investor interest
Limitation
⚠ High P/E (52.6 vs industry 41.0) indicates premium valuation
⚠ ROCE (8.18%) and ROE (11.4%) remain modest
⚠ Debt-to-equity ratio at 1.16 shows leveraged balance sheet
⚠ Quarterly profit decline (-35.5%) raises concerns
Company Negative News
📉 Decline in FII holdings (-0.96%) shows reduced foreign investor confidence
📉 PAT dropped (₹4,545 Cr → ₹4,247 Cr), highlighting earnings pressure
Company Positive News
📈 Increase in DII holdings (+0.99%) reflects domestic institutional support
📈 Strong long-term fundamentals with consistent revenue streams
Industry
🏭 Telecom sector trades at lower average PE (41.0), making BHARTIARTL relatively expensive compared to peers
🏭 Sector growth driven by data consumption and 5G rollout
Conclusion
BHARTIARTL is consolidating with mild bullish signals supported by volume and MACD, but faces valuation concerns and profit decline. Accumulation near ₹1,860–1,880 is favorable for short-term trades, with exits around ₹1,920–1,940. Long-term investors should weigh strong market positioning against high leverage and stretched valuations.
This snapshot balances short-term technical momentum with valuation-driven caution. Would you like me to also prepare a swing-trade overlay comparing BHARTIARTL with peers like RELIANCE JIO (RJIO) and VODAFONE IDEA, so you can benchmark sector positioning in your workflow?