CENTURYPLY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | CENTURYPLY | Market Cap | 17,722 Cr. | Current Price | 798 ₹ | High / Low | 859 ₹ |
| Stock P/E | 64.3 | Book Value | 115 ₹ | Dividend Yield | 0.13 % | ROCE | 15.1 % |
| ROE | 12.3 % | Face Value | 1.00 ₹ | DMA 50 | 746 ₹ | DMA 200 | 758 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 0.81 % | PAT Qtr | 63.9 Cr. | PAT Prev Qtr | 72.8 Cr. |
| RSI | 62.2 | MACD | 23.4 | Volume | 41,945 | Avg Vol 1Wk | 1,43,379 |
| Low price | 618 ₹ | High price | 859 ₹ | PEG Ratio | -15.2 | Debt to equity | 0.29 |
| 52w Index | 74.5 % | Qtr Profit Var | 0.14 % | EPS | 12.2 ₹ | Industry PE | 30.4 |
📊 CENTURYPLY is trading at ₹798, above both its 50 DMA (₹746) and 200 DMA (₹758), confirming short-term strength. RSI at 62.2 indicates near-overbought conditions, while MACD at 23.4 shows a bullish crossover. Bollinger Bands suggest price leaning toward the upper band, signaling potential resistance. Volume (41,945) is well below the weekly average (1,43,379), showing weak participation despite price strength. Overall, the stock is trending upward but faces valuation concerns and declining profits.
💡 Optimal Entry Zone: ₹770–790 (near DMA support).
📈 Exit Zone: ₹840–859 (resistance and 52-week high).
🔎 Trend Status: Trending upward with caution due to overvaluation and weak earnings momentum.
✅ Positive
- EPS of ₹12.2 with consistent profitability.
- ROCE at 15.1% and ROE at 12.3% show reasonable efficiency.
- Debt-to-equity ratio of 0.29 indicates low leverage.
- DII holdings increased (+0.81%), showing domestic institutional confidence.
⚠️ Limitation
- PE of 64.3 is much higher than industry average (30.4), suggesting overvaluation.
- Dividend yield is very low at 0.13%.
- Quarterly PAT declined from ₹72.8 Cr. to ₹63.9 Cr.
- PEG ratio of -15.2 indicates poor growth prospects relative to valuation.
- Trading volume below weekly average limits momentum strength.
📉 Company Negative News
- Recent quarterly PAT decline highlights short-term earnings weakness.
📈 Company Positive News
- DII holdings increased (+0.81%), showing domestic institutional support.
- Stock trading above both 50 DMA and 200 DMA, indicating technical strength.
🏭 Industry
- Industry PE is 30.4, much lower than CENTURYPLY’s PE of 64.3, suggesting premium valuation.
- Plywood and building materials sector benefits from housing and infrastructure demand in India.
🔎 Conclusion
CENTURYPLY is a fair swing trade candidate with technical momentum but faces valuation concerns and declining profits. Entry near ₹770–790 offers a safer setup, while exit near ₹840–859 is prudent unless momentum drives a breakout. Long-term investors should be cautious of high valuation and weak earnings growth.