BLUEDART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | BLUEDART | Market Cap | 12,454 Cr. | Current Price | 5,247 ₹ | High / Low | 7,225 ₹ |
| Stock P/E | 43.4 | Book Value | 713 ₹ | Dividend Yield | 0.48 % | ROCE | 18.6 % |
| ROE | 15.0 % | Face Value | 10.0 ₹ | DMA 50 | 5,509 ₹ | DMA 200 | 5,849 ₹ |
| Chg in FII Hold | -0.90 % | Chg in DII Hold | 0.49 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 79.5 Cr. |
| RSI | 38.6 | MACD | -116 | Volume | 7,128 | Avg Vol 1Wk | 9,561 |
| Low price | 5,028 ₹ | High price | 7,225 ₹ | PEG Ratio | -2.58 | Debt to equity | 0.28 |
| 52w Index | 9.95 % | Qtr Profit Var | 35.9 % | EPS | 105 ₹ | Industry PE | 21.0 |
📊 Chart & Trend Analysis: BLUEDART is trading at ₹5,247, below its 50 DMA (₹5,509) and 200 DMA (₹5,849), indicating short-term weakness. RSI at 38.6 suggests oversold conditions, while MACD at -116 confirms strong bearish momentum. Bollinger Bands show price near the lower band, signaling pressure but potential for a technical rebound.
📈 Momentum Signals: Volume (7,128) is lower than 1-week average (9,561), reflecting reduced participation. RSI and MACD together highlight bearish momentum, though oversold levels may trigger a short-term bounce.
💹 Entry Zone: Strong support lies around ₹5,050–₹5,100. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹5,509 (50 DMA) and ₹5,849 (200 DMA). A breakout above ₹5,849 would confirm reversal and open upside toward ₹6,200–₹6,500.
🔎 Trend Status: The stock is consolidating with bearish bias. Sustained move above ₹5,509–₹5,849 backed by volume is required to regain bullish momentum.
Positive
- Strong ROCE (18.6%) and ROE (15.0%) indicate efficient capital use.
- EPS at ₹105 provides earnings strength.
- Quarterly PAT growth (₹108 Cr vs ₹79.5 Cr) shows improving profitability.
- DII holding increased (+0.49%), reflecting domestic institutional support.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak technicals.
- High P/E (43.4) compared to industry average (21.0), making valuation expensive.
- PEG ratio (-2.58) suggests poor growth-to-valuation balance.
Company Negative News
- FII holding decreased (-0.90%), showing reduced foreign investor confidence.
- Stock corrected sharply from ₹7,225 to ₹5,247, eroding sentiment.
Company Positive News
- Quarterly profit variation (+35.9% YoY) highlights operational improvement.
- DII holding increased (+0.49%), showing domestic confidence.
Industry
- Logistics and courier sector benefits from rising e-commerce and supply chain demand.
- Industry P/E at 21.0 indicates BLUEDART trades at a premium (P/E 43.4).
Conclusion
⚖️ BLUEDART is fundamentally strong with robust EPS and improving profitability, but technically weak in the short term. Entry near ₹5,050–₹5,100 offers favorable risk-reward, while breakout above ₹5,849 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 logistics leaders like Delhivery, Allcargo, and TCI Express so you can compare BLUEDART’s momentum against the broader logistics sector rotation?