BHARTIHEXA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | BHARTIHEXA | Market Cap | 79,747 Cr. | Current Price | 1,595 ₹ | High / Low | 2,053 ₹ |
| Stock P/E | 45.2 | Book Value | 125 ₹ | Dividend Yield | 0.63 % | ROCE | 17.4 % |
| ROE | 25.2 % | Face Value | 5.00 ₹ | DMA 50 | 1,634 ₹ | DMA 200 | 1,669 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | 0.04 % | PAT Qtr | 481 Cr. | PAT Prev Qtr | 421 Cr. |
| RSI | 49.3 | MACD | -35.5 | Volume | 1,39,529 | Avg Vol 1Wk | 2,20,858 |
| Low price | 1,225 ₹ | High price | 2,053 ₹ | PEG Ratio | 0.32 | Debt to equity | 1.06 |
| 52w Index | 44.7 % | Qtr Profit Var | 48.7 % | EPS | 35.1 ₹ | Industry PE | 37.3 |
📊 Chart & Trend Analysis: BHARTIHEXA is trading at ₹1,595, below its 50 DMA (₹1,634) and 200 DMA (₹1,669), showing short-term weakness. RSI at 49.3 indicates neutral momentum, while MACD at -35.5 reflects bearish bias. Bollinger Bands suggest price is mid-range, pointing to consolidation with downside risk.
📈 Momentum Signals: Volume (1.39L) is lower than 1-week average (2.20L), showing reduced participation. Neutral RSI and negative MACD together highlight weak momentum in the short term.
💹 Entry Zone: Strong support lies around ₹1,500–₹1,525. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹1,634 (50 DMA) and ₹1,669 (200 DMA). A breakout above ₹1,669 would confirm reversal and open upside toward ₹1,800–₹1,850.
🔎 Trend Status: The stock is consolidating with bearish bias. Sustained move above ₹1,634–₹1,669 backed by volume is required to regain bullish momentum.
Positive
- Strong ROE (25.2%) and ROCE (17.4%) indicate efficient capital use.
- EPS at ₹35.1 supports earnings visibility.
- PEG ratio of 0.32 suggests undervaluation relative to growth.
- Quarterly PAT growth (₹481 Cr vs ₹421 Cr) shows improving profitability.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak technicals.
- Debt-to-equity ratio of 1.06 highlights leverage risk.
- Volume cooling below average may slow near-term momentum.
Company Negative News
- Stock corrected sharply from ₹2,053 to ₹1,595, eroding sentiment.
- High leverage compared to peers raises financial risk.
Company Positive News
- Quarterly profit growth of 48.7% reflects operational improvement.
- Both FII (+0.04%) and DII (+0.04%) holdings increased, showing balanced institutional support.
Industry
- Telecom & technology services sector benefits from digital adoption and enterprise demand.
- Industry P/E at 37.3 indicates BHARTIHEXA trades at a premium (P/E 45.2).
Conclusion
⚖️ BHARTIHEXA is fundamentally strong with robust ROE and profit growth, but technically weak in the short term. Entry near ₹1,500–₹1,525 offers favorable risk-reward, while breakout above ₹1,669 is needed for bullish confirmation. Long-term investors may accumulate gradually, while traders should wait for volume-backed reversal signals.
Would you like me to extend this into a peer benchmarking overlay with Bharti Airtel, Reliance Jio, and Tech Mahindra so you can compare sector rotation strength alongside BHARTIHEXA?