BLUEDART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | BLUEDART | Market Cap | 12,970 Cr. | Current Price | 5,466 ₹ | High / Low | 7,225 ₹ |
| Stock P/E | 45.2 | Book Value | 713 ₹ | Dividend Yield | 0.46 % | ROCE | 18.6 % |
| ROE | 15.0 % | Face Value | 10.0 ₹ | DMA 50 | 5,319 ₹ | DMA 200 | 5,690 ₹ |
| Chg in FII Hold | -0.72 % | Chg in DII Hold | 0.92 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 79.5 Cr. |
| RSI | 59.8 | MACD | 70.8 | Volume | 7,190 | Avg Vol 1Wk | 8,186 |
| Low price | 4,683 ₹ | High price | 7,225 ₹ | PEG Ratio | -2.68 | Debt to equity | 0.28 |
| 52w Index | 30.8 % | Qtr Profit Var | 35.9 % | EPS | 105 ₹ | Industry PE | 23.7 |
📈 Chart & Trend Analysis:
- Current price ₹5,466 is above 50 DMA (₹5,319) but below 200 DMA (₹5,690), showing short-term strength but medium-term resistance.
- RSI at 59.8 indicates healthy momentum, not yet overbought.
- MACD at 70.8 remains strongly positive, supporting bullish bias.
- Bollinger Bands show price mid-range, leaving room for expansion.
- Volume (7,190) is slightly below 1-week average (8,186), suggesting weaker participation.
🎯 Entry Zone: ₹5,300–5,400 (support near 50 DMA)
🎯 Exit Zone: ₹5,650–5,700 (resistance near 200 DMA)
📊 Status: Consolidating with mild upward bias; breakout above 5,690 needed for trend continuation.
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Positive
✔ Strong ROCE (18.6%) and ROE (15.0%)
✔ EPS of ₹105 supports earnings visibility
✔ PAT growth (₹108 Cr vs ₹79.5 Cr) shows strong earnings momentum
✔ DII holdings increased (+0.92%), reflecting domestic institutional support
Limitation
⚠ High P/E (45.2 vs industry 23.7) indicates premium valuation
⚠ PEG ratio (-2.68) highlights poor growth valuation balance
⚠ Price below 200 DMA, limiting breakout potential
⚠ Volume weaker than average, reducing conviction
Company Negative News
📉 Decline in FII holdings (-0.72%) shows reduced foreign investor confidence
📉 Stock trading below 200 DMA, signaling medium-term weakness
Company Positive News
📈 Quarterly profit variation (+35.9%) highlights earnings strength
📈 EPS stability and dividend yield (0.46%) support investor interest
Industry
🏭 Logistics & courier sector trades at lower average PE (23.7), making BLUEDART relatively expensive compared to peers
🏭 Industry growth driven by e-commerce expansion and supply chain demand
Conclusion
BLUEDART is consolidating with mild bullish signals supported by MACD and fundamentals, but faces valuation concerns and weak volume. Accumulation near ₹5,300–5,400 is favorable, with exits around ₹5,650–5,700. Long-term investors should weigh strong ROCE and earnings growth against premium valuation and medium-term technical weakness.
This snapshot integrates short-term technical signals with fundamental overlays. Would you like me to also prepare a sector benchmarking view (BLUEDART vs DELHIVERY, TCI, and GATI) so you can directly compare logistics peers in your workflow?