BRIGADE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | BRIGADE | Market Cap | 16,770 Cr. | Current Price | 686 ₹ | High / Low | 1,332 ₹ |
| Stock P/E | 41.2 | Book Value | 252 ₹ | Dividend Yield | 0.36 % | ROCE | 9.09 % |
| ROE | 8.80 % | Face Value | 10.0 ₹ | DMA 50 | 746 ₹ | DMA 200 | 890 ₹ |
| Chg in FII Hold | -0.53 % | Chg in DII Hold | 0.27 % | PAT Qtr | 93.9 Cr. | PAT Prev Qtr | 50.2 Cr. |
| RSI | 43.8 | MACD | -28.5 | Volume | 3,96,313 | Avg Vol 1Wk | 2,99,584 |
| Low price | 633 ₹ | High price | 1,332 ₹ | PEG Ratio | 2.81 | Debt to equity | 0.32 |
| 52w Index | 7.56 % | Qtr Profit Var | 3.11 % | EPS | 16.2 ₹ | Industry PE | 25.5 |
📊 Chart & Trend Analysis: BRIGADE is trading at ₹686, below its 50 DMA (₹746) and 200 DMA (₹890), indicating short-term weakness. RSI at 43.8 suggests mildly oversold conditions, while MACD at -28.5 confirms bearish bias. Bollinger Bands show price near the lower band, pointing to consolidation with downside risk.
📈 Momentum Signals: Volume (3.96L) is higher than 1-week average (2.99L), showing increased participation despite weak price action. RSI and MACD together highlight bearish momentum, though oversold levels may trigger a short-term bounce.
💹 Entry Zone: Strong support lies around ₹660–₹675. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹746 (50 DMA) and ₹890 (200 DMA). A breakout above ₹890 would confirm reversal and open upside toward ₹1,000–₹1,150.
🔎 Trend Status: The stock is consolidating with bearish bias. Sustained move above ₹746–₹890 backed by volume is required to regain bullish momentum.
Positive
- Strong ROCE (9.09%) and ROE (8.80%) show improving efficiency.
- EPS at ₹16.2 provides earnings visibility.
- DII holding increased (+0.27%), reflecting domestic institutional support.
- Quarterly PAT growth (₹93.9 Cr vs ₹50.2 Cr) shows sequential improvement.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak technicals.
- High P/E (41.2) compared to industry average (25.5), making valuation expensive.
- PEG ratio (2.81) suggests limited growth-to-valuation comfort.
Company Negative News
- FII holding decreased (-0.53%), showing reduced foreign investor confidence.
- Quarterly profit variation (+3.11% YoY) is modest compared to sector peers.
Company Positive News
- DII holding increased (+0.27%), showing domestic confidence.
- Sequential PAT growth highlights operational improvement.
Industry
- Real estate and infrastructure sector benefits from rising urban demand and government housing initiatives.
- Industry P/E at 25.5 indicates BRIGADE trades at a premium (P/E 41.2).
Conclusion
⚖️ BRIGADE is fundamentally stable with improving profitability and institutional support, but technically weak in the short term. Entry near ₹660–₹675 offers favorable risk-reward, while breakout above ₹890 is needed for bullish confirmation. Long-term investors may accumulate cautiously, while traders should wait for volume-backed reversal signals.
Would you like me to extend this into a peer benchmarking overlay with real estate leaders like DLF, Prestige Estates, and Sobha so you can compare BRIGADE’s momentum against the broader real estate sector rotation?