⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BRIGADE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.6
| Stock Code | BRIGADE | Market Cap | 18,222 Cr. | Current Price | 745 ₹ | High / Low | 1,332 ₹ |
| Stock P/E | 44.7 | Book Value | 252 ₹ | Dividend Yield | 0.34 % | ROCE | 9.09 % |
| ROE | 8.80 % | Face Value | 10.0 ₹ | DMA 50 | 850 ₹ | DMA 200 | 955 ₹ |
| Chg in FII Hold | -0.53 % | Chg in DII Hold | 0.27 % | PAT Qtr | 93.9 Cr. | PAT Prev Qtr | 50.2 Cr. |
| RSI | 26.8 | MACD | -38.8 | Volume | 95,603 | Avg Vol 1Wk | 5,87,642 |
| Low price | 711 ₹ | High price | 1,332 ₹ | PEG Ratio | 3.05 | Debt to equity | 0.32 |
| 52w Index | 5.50 % | Qtr Profit Var | 3.11 % | EPS | 16.2 ₹ | Industry PE | 30.2 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs (1,332 ₹) and is trading at 745 ₹, showing weakness and inability to sustain above moving averages.
- Moving Averages: Current price is well below both 50 DMA (850 ₹) and 200 DMA (955 ₹), confirming strong bearish bias.
- RSI: At 26.8, stock is deeply oversold, suggesting potential for short-term rebound but overall weakness.
- MACD: Negative (-38.8), confirming strong bearish momentum.
- Bollinger Bands: Price near lower band, indicating oversold conditions and possible stabilization.
- Volume Trends: Current volume (95,603) is significantly lower than average weekly volume (5,87,642), showing weak participation and cautious sentiment.
🎯 Momentum & Trade Zones
- Short-term Momentum: Strongly bearish, but oversold RSI may trigger a technical bounce.
- Support Levels: 740 ₹ (near-term), 711 ₹ (major support).
- Resistance Levels: 850 ₹ (50 DMA), 955 ₹ (200 DMA), 1,000 ₹ (strong resistance).
- Optimal Entry: 740–755 ₹ range if RSI stabilizes.
- Optimal Exit: 820–850 ₹ unless breakout above 955 ₹ is confirmed.
📊 Trend Status
Stock is reversing from highs with strong bearish signals, but oversold RSI suggests possible rebound near support.
✅ Positive
- Quarterly PAT improved (93.9 Cr. vs 50.2 Cr.).
- DII holding increased (+0.27%), showing domestic institutional confidence.
- Debt-to-equity ratio at 0.32, indicating manageable leverage.
- EPS at 16.2 ₹ supports earnings visibility.
⚠️ Limitation
- High valuation with P/E of 44.7 vs industry average of 30.2.
- Weak profitability metrics with ROCE (9.09%) and ROE (8.80%).
- PEG ratio of 3.05 indicates expensive valuation relative to growth.
📉 Company Negative News
- FII holding decreased (-0.53%), showing reduced foreign investor confidence.
- Stock trading far below both 50 DMA and 200 DMA, showing technical weakness.
- 52-week index gain only 5.50%, underperforming peers.
📈 Company Positive News
- Quarterly profit growth (+3.11%) highlights earnings improvement.
- DII holding increased (+0.27%), reflecting domestic investor support.
🏭 Industry
- Real estate & construction sector trading at industry P/E of 30.2, lower than Brigade’s valuation.
- Sector supported by urban housing demand and infrastructure growth.
🔎 Conclusion
Brigade is technically reversing with strong bearish signals but oversold RSI suggests possible rebound near 740–755 ₹. Traders may consider cautious entry with exit around 820–850 ₹. Long-term investors should wait for breakout above 955 ₹ for bullish confirmation, given premium valuation and weak profitability metrics.