⚠ 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.
CARBORUNIV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | CARBORUNIV | Market Cap | 14,422 Cr. | Current Price | 757 ₹ | High / Low | 1,217 ₹ |
| Stock P/E | 40.6 | Book Value | 143 ₹ | Dividend Yield | 0.50 % | ROCE | 17.6 % |
| ROE | 13.3 % | Face Value | 1.00 ₹ | DMA 50 | 839 ₹ | DMA 200 | 937 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.19 % | PAT Qtr | 84.5 Cr. | PAT Prev Qtr | 64.3 Cr. |
| RSI | 37.2 | MACD | -13.1 | Volume | 52,861 | Avg Vol 1Wk | 3,18,514 |
| Low price | 749 ₹ | High price | 1,217 ₹ | PEG Ratio | 4.94 | Debt to equity | 0.00 |
| 52w Index | 1.81 % | Qtr Profit Var | 4.93 % | EPS | 18.6 ₹ | Industry PE | 47.4 |
📊 Technical Analysis
- Chart Patterns: CARBORUNIV has been in a prolonged downtrend from its 52-week high of 1,217 ₹, now trading near 757 ₹, close to its 52-week low.
- Moving Averages: Price (757 ₹) is below both 50 DMA (839 ₹) and 200 DMA (937 ₹), confirming bearish momentum.
- RSI: At 37.2, near oversold territory, suggesting potential rebound.
- MACD: Negative (-13.1), reinforcing bearish sentiment.
- Bollinger Bands: Price near lower band, indicating possible support zone.
- Volume Trends: Current volume (52,861) far below 1-week average (3,18,514), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak due to negative MACD and low RSI.
- Support Levels: 749 ₹ (near-term), 720 ₹ (major support).
- Resistance Levels: 800 ₹ (short-term), 839 ₹ (50 DMA), 937 ₹ (200 DMA).
- Optimal Entry Zone: 740–760 ₹ (close to support).
- Optimal Exit Zone: 820–850 ₹ (near resistance).
- Trend Status: Reversing into bearish territory with weak momentum.
✅ Positive
- Debt-free balance sheet (Debt-to-equity 0.00) reduces financial risk.
- ROCE (17.6%) and ROE (13.3%) show decent capital efficiency.
- Quarterly PAT growth (84.5 Cr vs 64.3 Cr) indicates improving profitability.
⚠️ Limitation
- High P/E (40.6) compared to industry PE (47.4), still expensive relative to earnings.
- PEG ratio of 4.94 suggests poor valuation relative to growth.
- Stock trading near its 52-week low (Index 1.81%), reflecting weak sentiment.
📉 Company Negative News
- Stock has broken below both 50 DMA and 200 DMA, signaling weakness.
- Low trading volume indicates lack of investor interest.
📈 Company Positive News
- FII holdings increased (+0.11%) and DII holdings increased (+0.19%), showing institutional support.
- Quarterly profit variation of 4.93% highlights steady growth despite weak technicals.
🏭 Industry
- Industrial manufacturing sector supported by infrastructure and export demand.
- Industry PE at 47.4 vs stock PE at 40.6 — stock trades at slight discount but growth concerns remain.
🔎 Conclusion
- CARBORUNIV is reversing into bearish territory with weak technical signals.
- Best entry near 740–760 ₹, exit near 820–850 ₹ unless breakout above 839–937 ₹ occurs.
- Medium-term outlook cautious due to valuation concerns and weak momentum, despite debt-free status and improving profitability.