CONCOR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
Technical Rating: 3.7
| Stock Code | CONCOR | Market Cap | 35,968 Cr. | Current Price | 472 ₹ | High / Low | 653 ₹ |
| Stock P/E | 29.4 | Book Value | 169 ₹ | Dividend Yield | 1.95 % | ROCE | 12.6 % |
| ROE | 9.68 % | Face Value | 5.00 ₹ | DMA 50 | 498 ₹ | DMA 200 | 519 ₹ |
| Chg in FII Hold | -0.73 % | Chg in DII Hold | 1.09 % | PAT Qtr | 258 Cr. | PAT Prev Qtr | 329 Cr. |
| RSI | 34.8 | MACD | -1.87 | Volume | 38,35,177 | Avg Vol 1Wk | 36,01,277 |
| Low price | 421 ₹ | High price | 653 ₹ | PEG Ratio | 18.9 | Debt to equity | 0.07 |
| 52w Index | 22.1 % | Qtr Profit Var | -14.5 % | EPS | 16.0 ₹ | Industry PE | 24.4 |
📈 Chart & Trend Analysis: CONCOR is trading at ₹472, below both its 50 DMA (₹498) and 200 DMA (₹519), indicating bearish undertones. RSI at 34.8 suggests the stock is approaching oversold territory. MACD at -1.87 confirms negative momentum. Bollinger Bands show price near the lower band, signaling potential support but also heightened volatility risk.
🔎 Momentum Signals: Current volume (38.35L) is slightly above the 1-week average (36.01L), showing active selling pressure. Short-term momentum remains weak, with downside bias unless support levels hold.
🎯 Entry Zone: ₹455–₹465 (near support and oversold RSI)
🚪 Exit Zone: ₹495–₹505 (resistance zone near 50 DMA)
🛑 Stop-Loss: ₹445 (below recent support)
📊 Trend Status: Currently in a bearish phase with signs of consolidation. Possible reversal only if price sustains above ₹495.
Positive
- Dividend yield at 1.95% provides steady returns.
- Low debt-to-equity (0.07) ensures financial stability.
- EPS at ₹16.0 supports long-term earnings visibility.
- Strong domestic institutional support (+1.09% DII holding).
Limitation
- Trading below both 50 DMA and 200 DMA signals weakness.
- ROE (9.68%) and ROCE (12.6%) are relatively modest compared to peers.
- PEG ratio at 18.9 indicates expensive valuation relative to growth.
- Quarterly profit decline (-14.5%) raises concerns.
Company Negative News
- Decline in FII holdings (-0.73%) shows reduced foreign investor confidence.
- PAT dropped from ₹329 Cr. to ₹258 Cr., reflecting earnings pressure.
Company Positive News
- DII holdings increased (+1.09%), signaling domestic institutional support.
- Stable dividend yield and consistent payout history.
Industry
- Industry PE at 24.4 suggests sector valuations are moderate.
- Logistics sector remains crucial for infrastructure growth but faces cyclical demand pressures.
Conclusion
⚠️ CONCOR is in a bearish consolidation phase with weak momentum. Traders may consider entry near ₹455–₹465 with exit around ₹495–₹505, but caution is advised due to declining profits and weak ROE/ROCE. Long-term investors should monitor earnings recovery before adding positions.
Would you like me to extend this into a logistics sector comparison with peers like GATI and TCI, or keep it focused as a single CONCOR technical report?