CGPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | CGPOWER | Market Cap | 1,28,097 Cr. | Current Price | 813 ₹ | High / Low | 847 ₹ |
| Stock P/E | 106 | Book Value | 48.7 ₹ | Dividend Yield | 0.16 % | ROCE | 35.8 % |
| ROE | 26.0 % | Face Value | 2.00 ₹ | DMA 50 | 734 ₹ | DMA 200 | 695 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.49 % | PAT Qtr | 337 Cr. | PAT Prev Qtr | 307 Cr. |
| RSI | 64.7 | MACD | 34.9 | Volume | 37,26,147 | Avg Vol 1Wk | 27,64,252 |
| Low price | 526 ₹ | High price | 847 ₹ | PEG Ratio | 3.44 | Debt to equity | 0.01 |
| 52w Index | 89.6 % | Qtr Profit Var | 38.1 % | EPS | 7.60 ₹ | Industry PE | 37.9 |
📈 Chart & Trend Analysis:
- Current price ₹813 is above both 50 DMA (₹734) and 200 DMA (₹695), reflecting strong short-term and medium-term momentum.
- RSI at 64.7 indicates bullish momentum but nearing overbought territory.
- MACD at 34.9 remains strongly positive, supporting bullish bias.
- Bollinger Bands show price near upper band, highlighting potential resistance.
- Volume (37,26,147) is above 1-week average (27,64,252), confirming strong participation.
🎯 Entry Zone: ₹780–800 (support near 50 DMA)
🎯 Exit Zone: ₹835–845 (resistance near recent highs)
📊 Status: Trending upward with bullish bias; consolidation possible if RSI overheats beyond 70.
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Positive
✔ Price trading above both 50 DMA and 200 DMA, showing strong technical support
✔ Strong ROCE (35.8%) and ROE (26.0%) highlight excellent efficiency
✔ EPS of ₹7.60 supports earnings visibility
✔ Quarterly PAT growth (+38.1%) shows strong earnings momentum
✔ Debt-to-equity ratio of 0.01 indicates negligible leverage
Limitation
⚠ Very high P/E (106 vs industry 37.9) indicates premium valuation
⚠ RSI nearing overbought zone, limiting upside potential
⚠ PEG ratio (3.44) highlights expensive growth prospects
⚠ Dividend yield of 0.16% remains low
Company Negative News
📉 Valuation stretched compared to industry peers
📉 RSI near overbought levels increases risk of short-term correction
Company Positive News
📈 Increase in DII holdings (+0.49%) reflects domestic institutional support
📈 PAT growth (₹337 Cr vs ₹307 Cr) highlights earnings strength
📈 FII holdings stable (+0.01%), showing confidence
Industry
🏭 Electrical equipment sector trades at lower average PE (37.9), making CGPOWER relatively expensive compared to peers
🏭 Sector demand supported by infrastructure growth and industrial expansion
Conclusion
CGPOWER is trending upward with strong bullish signals supported by MACD, RSI, and volume strength. Entry near ₹780–800 offers favorable risk-reward, with exits around ₹835–845. Strong fundamentals and negligible debt support long-term accumulation, but stretched valuation and RSI nearing overbought levels require cautious execution.
This HTML snapshot integrates short-term bullish momentum with valuation-driven caution. Would you like me to also prepare a sector overlay comparison (CGPOWER vs SIEMENS, ABB, and SCHNEIDER) so you can benchmark its positioning against peers in your workflow?