⚠ 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.
BRITANNIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | BRITANNIA | Market Cap | 1,41,342 Cr. | Current Price | 5,868 ₹ | High / Low | 6,337 ₹ |
| Stock P/E | 61.4 | Book Value | 136 ₹ | Dividend Yield | 1.30 % | ROCE | 56.8 % |
| ROE | 58.0 % | Face Value | 1.00 ₹ | DMA 50 | 5,921 ₹ | DMA 200 | 5,760 ₹ |
| Chg in FII Hold | -0.14 % | Chg in DII Hold | 0.16 % | PAT Qtr | 690 Cr. | PAT Prev Qtr | 498 Cr. |
| RSI | 41.7 | MACD | -53.3 | Volume | 1,34,125 | Avg Vol 1Wk | 5,75,447 |
| Low price | 4,506 ₹ | High price | 6,337 ₹ | PEG Ratio | 5.98 | Debt to equity | 0.66 |
| 52w Index | 74.4 % | Qtr Profit Var | 34.1 % | EPS | 95.6 ₹ | Industry PE | 49.7 |
📈 Technical Analysis
- Chart Patterns: Stock has corrected from highs (6,337 ₹) and is trading at 5,868 ₹, showing consolidation near support zones.
- Moving Averages: Current price is slightly below 50 DMA (5,921 ₹) but above 200 DMA (5,760 ₹), indicating medium-term bullish bias with short-term weakness.
- RSI: At 41.7, stock is weak but not oversold, suggesting cautious sentiment.
- MACD: Negative (-53.3), showing bearish divergence despite overall stability.
- Bollinger Bands: Price near mid-to-lower band, indicating sideways consolidation with mild bearish bias.
- Volume Trends: Current volume (1,34,125) is lower than average weekly volume (5,75,447), showing reduced participation and cautious sentiment.
🎯 Momentum & Trade Zones
- Short-term Momentum: Neutral to mildly bearish, consolidation signals dominate.
- Support Levels: 5,760 ₹ (200 DMA), 5,500 ₹ (major support).
- Resistance Levels: 5,921 ₹ (50 DMA), 6,100 ₹ (near-term), 6,337 ₹ (recent high).
- Optimal Entry: 5,750–5,850 ₹ range on dips.
- Optimal Exit: 6,100–6,300 ₹ unless breakout above 6,337 ₹ is confirmed.
📊 Trend Status
Stock is consolidating near support levels, with weak RSI and bearish MACD suggesting sideways movement before a potential breakout.
✅ Positive
- Strong ROCE (56.8%) and ROE (58.0%).
- DII holding increased (+0.16%), showing domestic institutional confidence.
- Quarterly PAT growth (690 Cr. vs 498 Cr.) shows earnings strength.
- EPS at 95.6 ₹ supports valuation strength.
⚠️ Limitation
- High valuation with P/E of 61.4 vs industry average of 49.7.
- PEG ratio of 5.98 indicates expensive valuation relative to growth.
- Debt-to-equity ratio at 0.66, showing moderate leverage.
📉 Company Negative News
- FII holding decreased (-0.14%), showing reduced foreign investor confidence.
- Stock trading below 50 DMA, showing short-term weakness.
📈 Company Positive News
- Quarterly profit growth (+34.1%) highlights strong earnings momentum.
- DII holding increased (+0.16%), reflecting domestic investor support.
🏭 Industry
- FMCG sector trading at industry P/E of 49.7, lower than Britannia’s valuation.
- Sector supported by steady demand for packaged foods and consumer staples.
🔎 Conclusion
Britannia is technically consolidating with weak RSI and bearish MACD. Traders may consider entry around 5,750–5,850 ₹ with exit near 6,100–6,300 ₹. Long-term investors should wait for breakout above 6,337 ₹ for bullish confirmation, given premium valuation and moderate leverage.