BHARTIHEXA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | BHARTIHEXA | Market Cap | 76,964 Cr. | Current Price | 1,537 ₹ | High / Low | 2,053 ₹ |
| Stock P/E | 43.8 | Book Value | 143 ₹ | Dividend Yield | 0.65 % | ROCE | 21.8 % |
| ROE | 26.9 % | Face Value | 5.00 ₹ | DMA 50 | 1,551 ₹ | DMA 200 | 1,620 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.32 % | PAT Qtr | 463 Cr. | PAT Prev Qtr | 481 Cr. |
| RSI | 48.8 | MACD | 6.98 | Volume | 49,654 | Avg Vol 1Wk | 58,481 |
| Low price | 1,439 ₹ | High price | 2,053 ₹ | PEG Ratio | 0.92 | Debt to equity | 0.86 |
| 52w Index | 16.1 % | Qtr Profit Var | -1.09 % | EPS | 34.7 ₹ | Industry PE | 43.8 |
📈 Chart & Trend Analysis: BHARTIHEXA is trading at ₹1,537, slightly below its 50 DMA (₹1,551) and 200 DMA (₹1,620), indicating short-term weakness. RSI at 48.8 suggests neutral momentum. MACD at 6.98 shows mild positive divergence, hinting at potential recovery. Bollinger Bands place the price near the mid-band, signaling consolidation.
📊 Volume Trends: Current volume (49,654) is lower than the 1-week average (58,481), reflecting reduced participation and lack of strong buying interest.
🔑 Support & Resistance: Strong support lies at ₹1,439 (recent low) and ₹1,500 (psychological level). Resistance is near ₹1,551 (50 DMA) and ₹1,620 (200 DMA). Optimal entry zone: ₹1,480–₹1,500. Exit/profit booking zone: ₹1,580–₹1,620.
📉 Momentum Signals: RSI is neutral, while MACD shows mild bullish bias. Short-term signals favor cautious accumulation near support zones with exits around resistance levels.
📌 Trend Status: The stock is currently consolidating with mild bullish undertones, not reversing.
Positive ✅
- ROCE (21.8%) and ROE (26.9%) highlight strong capital efficiency.
- PEG ratio of 0.92 indicates fair valuation relative to growth.
- Dividend yield of 0.65% adds shareholder value.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA indicates short-term weakness.
- Debt-to-equity ratio of 0.86 shows leveraged balance sheet.
- Quarterly PAT declined (₹481 Cr → ₹463 Cr), showing earnings pressure.
Company Negative News ❌
- Decline in FII holding (-0.29%) reflects reduced foreign investor confidence.
- Quarterly profit variance (-1.09%) highlights earnings stagnation.
Company Positive News 🌟
- DII holding increased (+0.32%), showing domestic institutional support.
- EPS at ₹34.7 remains strong, supporting valuation strength.
Industry 🏭
- Telecom & technology sector trades at industry PE of 43.8, in line with BHARTIHEXA’s valuation.
- Sector growth driven by digital adoption and infrastructure expansion.
Conclusion 📌
BHARTIHEXA is consolidating near support levels with mild bullish signals from MACD but faces valuation concerns and earnings stagnation. Accumulation near ₹1,480–₹1,500 is favorable for short-term trades, with exits around ₹1,580–₹1,620. Trend remains consolidative with potential rebound if volumes strengthen.
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