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CIPLA - Technical Analysis with Chart Patterns & Indicators

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Rating: 4.1

Last Updated Time : 04 May 26, 11:56 am

Technical Rating: 4.1

Stock Code CIPLA Market Cap 1,05,787 Cr. Current Price 1,310 ₹ High / Low 1,673 ₹
Stock P/E 23.1 Book Value 412 ₹ Dividend Yield 0.99 % ROCE 20.1 %
ROE 16.0 % Face Value 2.00 ₹ DMA 50 1,288 ₹ DMA 200 1,401 ₹
Chg in FII Hold -1.38 % Chg in DII Hold 1.26 % PAT Qtr 822 Cr. PAT Prev Qtr 1,211 Cr.
RSI 60.9 MACD 11.2 Volume 14,47,981 Avg Vol 1Wk 14,47,486
Low price 1,166 ₹ High price 1,673 ₹ PEG Ratio 1.26 Debt to equity 0.00
52w Index 28.4 % Qtr Profit Var -42.9 % EPS 57.2 ₹ Industry PE 30.1

📊 CIPLA is trading at ₹1,310, above its 50 DMA (₹1,288) but below its 200 DMA (₹1,401), reflecting short-term strength but medium-term resistance. RSI at 60.9 indicates neutral-to-bullish momentum, while MACD at 11.2 shows a mild positive crossover. Bollinger Bands suggest price stabilizing in the mid-range. Volume (14,47,981) is in line with the weekly average (14,47,486), confirming steady participation. Overall, the stock is consolidating with a bullish bias.

💡 Optimal Entry Zone: ₹1,280–1,310 (near 50 DMA support).

📈 Exit Zone: ₹1,380–1,400 (resistance near 200 DMA), with extended breakout potential toward ₹1,650–1,673 (52-week high).

🔎 Trend Status: Consolidating with bullish undertone; breakout possible if price sustains above 1,400 with stronger volume.

✅ Positive

  • Strong ROCE (20.1%) and ROE (16.0%) highlight efficiency.
  • Debt-free balance sheet (Debt-to-equity: 0.00).
  • EPS of ₹57.2 supports valuation strength.
  • DII holdings increased (+1.26%), showing domestic institutional support.

⚠️ Limitation

  • Quarterly PAT declined from ₹1,211 Cr. to ₹822 Cr. (-42.9%).
  • Price below 200 DMA signals medium-term weakness.
  • FII holdings decreased (-1.38%), showing reduced foreign investor confidence.
  • PEG ratio of 1.26 suggests fair but not cheap growth valuation.

📉 Company Negative News

  • Quarterly profit decline raises concerns about earnings stability.
  • Reduced foreign institutional confidence with FII holdings down.

📈 Company Positive News

  • DII holdings increased (+1.26%), reflecting domestic institutional support.
  • Strong efficiency metrics (ROCE and ROE) continue to attract long-term investors.

🏭 Industry

  • Industry PE is 30.1, higher than CIPLA’s PE of 23.1, suggesting undervaluation.
  • Pharmaceutical sector remains supported by demand for generics and specialty formulations.

🔎 Conclusion

CIPLA is consolidating near support levels with bullish signals from RSI and MACD but faces resistance at the 200 DMA. Entry near ₹1,280–1,310 offers a favorable setup, while exit near ₹1,380–1,400 is prudent unless momentum drives a breakout toward ₹1,650–1,673. Long-term investors benefit from debt-free status and efficiency metrics, but short-term traders should monitor earnings pressure and institutional sentiment closely.

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