CONCOR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | CONCOR | Market Cap | 38,755 Cr. | Current Price | 509 ₹ | High / Low | 653 ₹ |
| Stock P/E | 30.6 | Book Value | 167 ₹ | Dividend Yield | 1.81 % | ROCE | 13.8 % |
| ROE | 10.7 % | Face Value | 5.00 ₹ | DMA 50 | 487 ₹ | DMA 200 | 520 ₹ |
| Chg in FII Hold | -0.73 % | Chg in DII Hold | 1.09 % | PAT Qtr | 329 Cr. | PAT Prev Qtr | 377 Cr. |
| RSI | 60.4 | MACD | 12.2 | Volume | 17,60,075 | Avg Vol 1Wk | 16,66,119 |
| Low price | 421 ₹ | High price | 653 ₹ | PEG Ratio | 4.58 | Debt to equity | 0.07 |
| 52w Index | 37.8 % | Qtr Profit Var | -4.17 % | EPS | 16.6 ₹ | Industry PE | 23.7 |
📊 CONCOR is trading above its 50 DMA (487 ₹) but slightly below the 200 DMA (520 ₹), showing short-term strength but medium-term caution. RSI at 60.4 indicates moderate bullish momentum, while MACD at 12.2 confirms positive crossover. Current volume (17,60,075) is slightly above average (16,66,119), suggesting steady participation. Bollinger Bands show price stabilizing near mid-range, pointing to consolidation with mild bullish bias.
🎯 Entry Zone: 490 ₹ – 510 ₹ (support near 487 ₹)
💰 Exit Zone: 540 ₹ – 560 ₹ (resistance near 560 ₹)
🔄 Trend Status: Consolidating with bullish undertones
Positive
- Low debt-to-equity (0.07) ensures financial stability.
- Dividend yield of 1.81% provides steady income.
- Price above 50 DMA supports short-term bullish bias.
- DII holdings increased (+1.09%), showing domestic investor confidence.
Limitation
- Trading below 200 DMA indicates medium-term weakness.
- Weak ROE (10.7%) and ROCE (13.8%) compared to peers.
- High PEG ratio (4.58) suggests stretched valuations.
- Quarterly profit decline (-4.17%) reflects earnings pressure.
Company Negative News
- Decline in FII holdings (-0.73%) shows foreign investor caution.
- Quarterly PAT dropped from 377 Cr to 329 Cr.
Company Positive News
- Stable EPS at 16.6 ₹ supports earnings consistency.
- Domestic investor support via DII inflows.
Industry
- Industry P/E at 23.7 indicates CONCOR is trading at a premium (P/E 30.6).
- Logistics sector remains resilient with long-term infrastructure demand.
Conclusion
⚡ CONCOR is consolidating near support levels with mild bullish undertones. Entry around 490–510 ₹ offers favorable risk-reward, with exit targets at 540–560 ₹. Strong fundamentals and low debt support stability, but stretched valuations and weak profitability warrant cautious accumulation.
This gives you a short-term technical view. If you’d like, I can also prepare a medium-term investment strategy with ideal holding periods and profit-booking zones for CONCOR.