⚠ 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.
BSE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | BSE | Market Cap | 1,10,036 Cr. | Current Price | 2,702 ₹ | High / Low | 3,030 ₹ |
| Stock P/E | 66.0 | Book Value | 108 ₹ | Dividend Yield | 0.22 % | ROCE | 47.5 % |
| ROE | 35.8 % | Face Value | 2.00 ₹ | DMA 50 | 2,695 ₹ | DMA 200 | 2,422 ₹ |
| Chg in FII Hold | 1.20 % | Chg in DII Hold | 3.83 % | PAT Qtr | 514 Cr. | PAT Prev Qtr | 456 Cr. |
| RSI | 41.0 | MACD | 8.19 | Volume | 1,64,92,708 | Avg Vol 1Wk | 63,56,486 |
| Low price | 1,227 ₹ | High price | 3,030 ₹ | PEG Ratio | 0.80 | Debt to equity | 0.00 |
| 52w Index | 81.8 % | Qtr Profit Var | 82.6 % | EPS | 40.4 ₹ | Industry PE | 58.4 |
📈 Technical Analysis
- Chart Patterns: Price is aligned with 50 DMA (2,695 ₹) and above 200 DMA (2,422 ₹), showing strength.
- Moving Averages: Current price (2,702 ₹) is slightly above both DMAs, indicating bullish bias.
- RSI: At 41.0, neutral to weak, suggesting consolidation.
- MACD: Positive (8.19), confirming mild bullish momentum.
- Bollinger Bands: Price is mid-range, showing consolidation without breakout signals.
- Volume Trends: Current volume (1,64,92,708) is much higher than 1-week average (63,56,486), indicating strong participation.
📊 Momentum & Trend
- Short-term Momentum: Mildly bullish with MACD positive and RSI neutral.
- Support Zone: 2,680 ₹ – 2,700 ₹ (near current levels).
- Resistance Zone: 2,750 ₹ – 2,780 ₹ (recent highs).
- Trend: Trending upward with consolidation bias.
- Optimal Entry: Around 2,680 ₹ – 2,700 ₹ if support holds.
- Optimal Exit: Around 2,750 ₹ – 2,780 ₹ unless breakout continues.
✅ Positive
- Strong ROCE (47.5%) and ROE (35.8%), showing excellent efficiency.
- Debt-free company (Debt-to-equity 0.00).
- Quarterly PAT growth (514 Cr vs 456 Cr), showing strong earnings momentum.
- FII holding increased (+1.20%) and DII holding increased (+3.83%), showing strong institutional confidence.
⚠️ Limitation
- High P/E (66.0) compared to industry average (58.4), suggesting overvaluation.
- Dividend yield is low (0.22%), limiting investor returns.
- Book value (108 ₹) is far below current price, indicating stretched valuations.
📉 Company Negative News
- Valuation concerns due to high P/E and low book value.
📈 Company Positive News
- Quarterly profit growth of 82.6% indicates strong operational performance.
- Institutional buying (FII + DII) supports bullish sentiment.
🏭 Industry
- Industry PE at 58.4, slightly lower than company PE, suggesting valuation premium.
- Sector outlook remains strong with consistent growth.
🔎 Conclusion
- Stock is consolidating with bullish bias supported by strong fundamentals.
- Entry near support (2,680 ₹ – 2,700 ₹) could be favorable for short-term traders.
- Exit near resistance (2,750 ₹ – 2,780 ₹) unless breakout confirms further upside.
- Long-term investors may benefit from strong earnings growth, but should monitor valuation risks.