⚠ 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.
CASTROLIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | CASTROLIND | Market Cap | 18,304 Cr. | Current Price | 185 ₹ | High / Low | 252 ₹ |
| Stock P/E | 18.8 | Book Value | 18.4 ₹ | Dividend Yield | 4.57 % | ROCE | 55.2 % |
| ROE | 41.8 % | Face Value | 5.00 ₹ | DMA 50 | 188 ₹ | DMA 200 | 199 ₹ |
| Chg in FII Hold | -0.59 % | Chg in DII Hold | -0.37 % | PAT Qtr | 228 Cr. | PAT Prev Qtr | 244 Cr. |
| RSI | 39.2 | MACD | -1.39 | Volume | 8,46,011 | Avg Vol 1Wk | 13,93,012 |
| Low price | 173 ₹ | High price | 252 ₹ | PEG Ratio | 2.83 | Debt to equity | 0.04 |
| 52w Index | 15.5 % | Qtr Profit Var | 9.82 % | EPS | 9.87 ₹ | Industry PE | 13.9 |
📊 Technical Analysis
- Chart Patterns: CASTROLIND has been in a corrective phase from its 52-week high of 252 ₹, now consolidating near 185 ₹.
- Moving Averages: Price (185 ₹) is below both 50 DMA (188 ₹) and 200 DMA (199 ₹), showing short-term and medium-term weakness.
- RSI: At 39.2, near oversold territory, suggesting potential rebound.
- MACD: Negative (-1.39), confirming bearish momentum.
- Bollinger Bands: Price near lower band, indicating possible support zone.
- Volume Trends: Current volume (8.46 lakh) below 1-week average (13.93 lakh), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak due to negative MACD and low RSI.
- Support Levels: 180 ₹ (near-term), 173 ₹ (major support).
- Resistance Levels: 190 ₹ (short-term), 199 ₹ (200 DMA).
- Optimal Entry Zone: 178–183 ₹ (close to support).
- Optimal Exit Zone: 190–200 ₹ (near resistance).
- Trend Status: Consolidating with bearish bias.
✅ Positive
- Strong ROCE (55.2%) and ROE (41.8%) highlight excellent capital efficiency.
- Dividend yield of 4.57% provides steady income for investors.
- Debt-to-equity ratio of 0.04 indicates very low financial risk.
⚠️ Limitation
- Stock P/E (18.8) higher than industry PE (13.9), suggesting premium valuation.
- PEG ratio of 2.83 indicates limited growth relative to valuation.
- Weak trading volume reduces conviction in price moves.
📉 Company Negative News
- Quarterly PAT declined (228 Cr vs 244 Cr), showing earnings pressure.
- FII holdings decreased (-0.59%) and DII holdings decreased (-0.37%), reflecting reduced institutional confidence.
📈 Company Positive News
- Quarterly profit variation of 9.82% highlights resilience despite decline.
- Strong fundamentals with high ROCE and ROE support long-term outlook.
🏭 Industry
- Lubricants and automotive sector supported by industrial demand and vehicle growth.
- Industry PE at 13.9 vs stock PE at 18.8 — stock trades at premium valuation.
🔎 Conclusion
- CASTROLIND is consolidating with short-term bearish signals but strong fundamentals.
- Best