BHARTIHEXA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | BHARTIHEXA | Market Cap | 75,870 Cr. | Current Price | 1,517 ₹ | High / Low | 2,053 ₹ |
| Stock P/E | 43.0 | Book Value | 125 ₹ | Dividend Yield | 0.66 % | ROCE | 17.4 % |
| ROE | 25.2 % | Face Value | 5.00 ₹ | DMA 50 | 1,567 ₹ | DMA 200 | 1,637 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.32 % | PAT Qtr | 481 Cr. | PAT Prev Qtr | 421 Cr. |
| RSI | 45.0 | MACD | -11.0 | Volume | 5,87,015 | Avg Vol 1Wk | 5,01,235 |
| Low price | 1,439 ₹ | High price | 2,053 ₹ | PEG Ratio | 0.30 | Debt to equity | 1.06 |
| 52w Index | 12.8 % | Qtr Profit Var | 48.7 % | EPS | 35.1 ₹ | Industry PE | 41.0 |
📈 Chart & Trend Analysis:
- Current price ₹1,517 is below both 50 DMA (₹1,567) and 200 DMA (₹1,637), showing short-term and medium-term weakness.
- RSI at 45.0 indicates mildly oversold conditions, suggesting potential for rebound.
- MACD at -11.0 remains negative, signaling bearish momentum.
- Bollinger Bands show price near lower band, highlighting downside pressure.
- Volume (5,87,015) is above 1-week average (5,01,235), confirming active participation despite weakness.
🎯 Entry Zone: ₹1,480–1,500 (support near recent lows)
🎯 Exit Zone: ₹1,600–1,620 (resistance near 200 DMA)
📊 Status: Consolidating with bearish bias; reversal possible if price sustains above 1,567–1,637 levels.
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Positive
✔ Strong ROE (25.2%) and ROCE (17.4%)
✔ EPS of ₹35.1 supports earnings visibility
✔ PEG ratio (0.30) suggests attractive growth relative to price
✔ Quarterly PAT growth (+48.7%) shows strong earnings momentum
Limitation
⚠ Price trading below both 50 DMA and 200 DMA, showing weakness
⚠ MACD negative, signaling short-term bearish momentum
⚠ Debt-to-equity ratio at 1.06 indicates leveraged balance sheet
⚠ Valuation premium with P/E (43.0 vs industry 41.0)
Company Negative News
📉 Decline in FII holdings (-0.29%) shows reduced foreign investor confidence
📉 Price underperforming moving averages, limiting breakout potential
Company Positive News
📈 Increase in DII holdings (+0.32%) reflects domestic institutional support
📈 PAT growth (₹481 Cr vs ₹421 Cr) highlights earnings improvement
Industry
🏭 Telecom sector trades at average PE (41.0), making BHARTIHEXA slightly expensive compared to peers
🏭 Sector growth driven by 5G rollout and rising data consumption
Conclusion
BHARTIHEXA is consolidating with bearish bias, trading below key moving averages. Entry near ₹1,480–1,500 offers favorable risk-reward, while exits should be considered near ₹1,600–1,620 resistance. Strong fundamentals and attractive PEG ratio support long-term accumulation, but short-term weakness and leveraged balance sheet require cautious execution.
This report integrates short-term technical weakness with long-term growth potential. Would you like me to also prepare a side-by-side peer comparison (BHARTIHEXA vs BHARTIARTL) so you can directly benchmark their technical and fundamental positioning in your workflow?