CARBORUNIV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | CARBORUNIV | Market Cap | 19,824 Cr. | Current Price | 1,040 ₹ | High / Low | 1,166 ₹ |
| Stock P/E | 47.6 | Book Value | 153 ₹ | Dividend Yield | 0.39 % | ROCE | 19.2 % |
| ROE | 15.2 % | Face Value | 1.00 ₹ | DMA 50 | 956 ₹ | DMA 200 | 919 ₹ |
| Chg in FII Hold | -0.25 % | Chg in DII Hold | -0.56 % | PAT Qtr | 122 Cr. | PAT Prev Qtr | 84.5 Cr. |
| RSI | 57.6 | MACD | 36.8 | Volume | 1,46,856 | Avg Vol 1Wk | 1,42,448 |
| Low price | 735 ₹ | High price | 1,166 ₹ | PEG Ratio | 4.77 | Debt to equity | 0.00 |
| 52w Index | 70.7 % | Qtr Profit Var | 99.7 % | EPS | 21.8 ₹ | Industry PE | 53.2 |
📊 Chart Patterns & Trend: CARBORUNIV is trending upward after a strong rally from 735 ₹ to 1,040 ₹. Price is above both 50 DMA (956 ₹) and 200 DMA (919 ₹), confirming bullish momentum. Resistance lies near 1,080–1,100 ₹, with major resistance at 1,166 ₹. Trendlines suggest continuation of the uptrend.
📈 Moving Averages: Current price is comfortably above both 50 DMA and 200 DMA, showing strong bullish alignment.
📉 RSI: At 57.6, RSI is neutral to slightly bullish, leaving room for further upside before overbought conditions.
📈 MACD: Positive (36.8), confirming bullish momentum and trend continuation.
📊 Bollinger Bands: Price is near the upper band, suggesting strong buying pressure but potential short-term consolidation.
📊 Volume Trends: Current volume (1,46,856) is slightly above the 1-week average (1,42,448), showing healthy participation supporting the uptrend.
💡 Momentum Signals: Bullish bias. A breakout above 1,080 ₹ could trigger upside toward 1,166 ₹, while support lies near 1,000–1,020 ₹.
🎯 Entry Zone: 1,000–1,020 ₹ (support region).
🎯 Exit Zone: 1,080–1,100 ₹ (resistance region; extended target 1,166 ₹).
📌 Status: Trending upward with strong bullish momentum.
Positive
✔ Debt-free company (Debt-to-equity: 0.00).
✔ Strong ROCE (19.2%) and ROE (15.2%).
✔ PAT growth (122 Cr. vs 84.5 Cr.) shows earnings momentum.
✔ EPS of 21.8 ₹ supports valuation strength.
✔ Volume participation slightly above average, confirming trend support.
Limitation
⚠ High P/E (47.6) compared to industry PE (53.2), suggesting premium valuation.
⚠ PEG ratio of 4.77 indicates growth is already priced in.
⚠ Dividend yield is low (0.39%).
⚠ Institutional holdings declined (FII -0.25%, DII -0.56%).
Company Negative News
⚠ No major negative news reported, but valuation premium and declining institutional interest are concerns.
Company Positive News
✔ Quarterly PAT growth of 99.7% highlights strong profitability.
✔ Consistent earnings momentum supports long-term fundamentals.
Industry
🏭 Industrial materials sector remains strong with demand from infrastructure and manufacturing growth.
📈 Industry PE (53.2) slightly higher than CARBORUNIV’s PE (47.6), showing fair valuation relative to peers.
Conclusion
📌 CARBORUNIV is in a strong uptrend with bullish technicals. Entry near 1,000–1,020 ₹ offers favorable risk-reward, while exits near 1,080–1,100 ₹ are prudent unless momentum drives a breakout toward 1,166 ₹. Long-term investors may hold, while traders should monitor RSI and institutional flows for sustained momentum.
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