CESC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | CESC | Market Cap | 20,723 Cr. | Current Price | 156 ₹ | High / Low | 185 ₹ |
| Stock P/E | 24.5 | Book Value | 77.2 ₹ | Dividend Yield | 3.84 % | ROCE | 9.95 % |
| ROE | 7.97 % | Face Value | 1.00 ₹ | DMA 50 | 157 ₹ | DMA 200 | 162 ₹ |
| Chg in FII Hold | 0.79 % | Chg in DII Hold | -0.04 % | PAT Qtr | 176 Cr. | PAT Prev Qtr | 242 Cr. |
| RSI | 51.6 | MACD | 0.55 | Volume | 18,91,795 | Avg Vol 1Wk | 61,22,716 |
| Low price | 137 ₹ | High price | 185 ₹ | PEG Ratio | -78.9 | Debt to equity | 1.12 |
| 52w Index | 40.6 % | Qtr Profit Var | 2.33 % | EPS | 6.39 ₹ | Industry PE | 24.6 |
📊 Chart & Trend Analysis: CESC is trading at ₹156, hovering near its 50 DMA (₹157) and slightly below its 200 DMA (₹162), indicating short-term consolidation. RSI at 51.6 suggests neutral momentum, while MACD at 0.55 reflects mild bullish bias. Bollinger Bands show price mid-range, pointing to sideways consolidation.
📈 Momentum Signals: Volume (18.9L) is significantly lower than 1-week average (61.2L), reflecting reduced participation. RSI and MACD together highlight neutral-to-positive momentum, but weak volume limits breakout potential.
💹 Entry Zone: Strong support lies around ₹150–₹155. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹162 (200 DMA) and ₹185 (recent high). A breakout above ₹185 would confirm reversal and open upside toward ₹200–₹210.
🔎 Trend Status: The stock is consolidating with neutral bias. Sustained move above ₹162–₹185 backed by volume is required to regain bullish momentum.
Positive
- Strong ROCE (9.95%) and ROE (7.97%) show improving efficiency.
- Dividend yield at 3.84% provides attractive income stability.
- EPS at ₹6.39 supports earnings visibility.
- FII holding increased (+0.79%), reflecting foreign investor confidence.
Limitation
- Stock trading below 200 DMA indicates weak technicals.
- Debt-to-equity ratio of 1.12 highlights leverage risk.
- PEG ratio (-78.9) suggests poor growth-to-valuation balance.
Company Negative News
- DII holding decreased (-0.04%), showing reduced domestic institutional confidence.
- Quarterly PAT declined sequentially (₹176 Cr vs ₹242 Cr), reflecting margin pressure.
Company Positive News
- FII holding increased (+0.79%), showing foreign confidence.
- Quarterly profit variation (+2.33% YoY) highlights modest improvement.
Industry
- Power and utilities sector benefits from rising demand and government infrastructure push.
- Industry P/E at 24.6 indicates CESC trades in line with peers (P/E 24.5).
Conclusion
⚖️ CESC is fundamentally stable with strong dividend yield and modest profitability, but technically consolidating near key support levels. Entry near ₹150–₹155 offers favorable risk-reward, while breakout above ₹185 is needed for bullish confirmation. Long-term investors may accumulate cautiously, while traders should wait for volume-backed breakout signals.
Would you like me to extend this into a peer benchmarking overlay with NTPC, Power Grid, and Tata Power so you can compare CESC’s momentum against the broader power & utilities sector rotation?