⚠ 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.
CENTURYPLY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | CENTURYPLY | Market Cap | 18,083 Cr. | Current Price | 814 ₹ | High / Low | 897 ₹ |
| Stock P/E | 65.5 | Book Value | 115 ₹ | Dividend Yield | 0.13 % | ROCE | 15.1 % |
| ROE | 12.3 % | Face Value | 1.00 ₹ | DMA 50 | 783 ₹ | DMA 200 | 773 ₹ |
| Chg in FII Hold | -0.18 % | Chg in DII Hold | 0.23 % | PAT Qtr | 72.8 Cr. | PAT Prev Qtr | 67.8 Cr. |
| RSI | 46.1 | MACD | -9.77 | Volume | 17,935 | Avg Vol 1Wk | 45,826 |
| Low price | 630 ₹ | High price | 897 ₹ | PEG Ratio | -15.5 | Debt to equity | 0.29 |
| 52w Index | 68.8 % | Qtr Profit Var | -3.87 % | EPS | 12.4 ₹ | Industry PE | 34.5 |
📊 Technical Analysis
- Chart Patterns: CENTURYPLY has corrected from its 52-week high of 897 ₹ and is consolidating near 814 ₹.
- Moving Averages: Price (814 ₹) is above both 50 DMA (783 ₹) and 200 DMA (773 ₹), showing medium-term strength despite short-term weakness.
- RSI: At 46.1, neutral zone — neither overbought nor oversold.
- MACD: Negative (-9.77), indicating bearish momentum in the short term.
- Bollinger Bands: Price near mid-band, suggesting consolidation with limited volatility.
- Volume Trends: Current volume (17,935) below 1-week average (45,826), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak due to negative MACD and low volume.
- Support Levels: 800 ₹ (near-term), 773 ₹ (200 DMA).
- Resistance Levels: 830 ₹ (short-term), 860–897 ₹ (major resistance).
- Optimal Entry Zone: 790–810 ₹ (close to support).
- Optimal Exit Zone: 840–880 ₹ (near resistance).
- Trend Status: Consolidating with mild bearish bias.
✅ Positive
- EPS of 12.4 ₹ supports earnings visibility.
- ROCE (15.1%) and ROE (12.3%) show decent capital efficiency.
- DII holdings increased (+0.23%), showing domestic institutional support.
⚠️ Limitation
- High P/E (65.5) compared to industry PE (34.5), suggesting overvaluation.
- PEG ratio (-15.5) indicates poor valuation relative to growth.
- Quarterly PAT variation (-3.87%) shows earnings slowdown.
📉 Company Negative News
- FII holdings decreased (-0.18%), showing reduced foreign investor confidence.
- Stock trading with weak momentum below resistance levels.
📈 Company Positive News
- Quarterly PAT improved slightly (72.8 Cr vs 67.8 Cr), showing resilience.
- Strong support from domestic institutions despite foreign outflows.
🏭 Industry
- Plywood and building materials sector supported by real estate and infrastructure demand.
- Industry PE at 34.5 vs stock PE at 65.5 — stock trades at premium valuation.
🔎 Conclusion
- CENTURYPLY is consolidating with short-term bearish signals but medium-term strength above 200 DMA.
- Best entry near 790–810 ₹, exit near 840–880 ₹ unless breakout above 897 ₹ occurs.
- Medium-term outlook cautious due to valuation premium and weak momentum, though sector demand provides support.