CROMPTON - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | CROMPTON | Market Cap | 18,558 Cr. | Current Price | 288 ₹ | High / Low | 364 ₹ |
| Stock P/E | 53.0 | Book Value | 49.4 ₹ | Dividend Yield | 1.04 % | ROCE | 19.0 % |
| ROE | 10.3 % | Face Value | 2.00 ₹ | DMA 50 | 271 ₹ | DMA 200 | 278 ₹ |
| Chg in FII Hold | -0.06 % | Chg in DII Hold | 0.38 % | PAT Qtr | 116 Cr. | PAT Prev Qtr | 112 Cr. |
| RSI | 56.8 | MACD | 8.17 | Volume | 8,32,770 | Avg Vol 1Wk | 15,95,358 |
| Low price | 217 ₹ | High price | 364 ₹ | PEG Ratio | -5.62 | Debt to equity | 0.06 |
| 52w Index | 48.1 % | Qtr Profit Var | -31.7 % | EPS | -3.78 ₹ | Industry PE | 47.0 |
📈 Chart & Trend Analysis: CROMPTON is trading at ₹288, slightly above its 50 DMA (₹271) and 200 DMA (₹278), showing mild bullish bias. RSI at 56.8 indicates neutral momentum. MACD at 8.17 reflects positive divergence, supporting short-term upside. Bollinger Bands place price mid-range, suggesting stability without immediate breakout signals.
🔎 Momentum Signals: Current volume (8.32L) is below the 1-week average (15.95L), showing reduced participation. Short-term momentum is positive but limited, with resistance near ₹300–₹305.
🎯 Entry Zone: ₹280–₹285 (support near DMA cluster)
🚪 Exit Zone: ₹300–₹305 (resistance zone)
🛑 Stop-Loss: ₹270 (below 50 DMA)
📊 Trend Status: Consolidating with mild bullish undertones; possible reversal if volumes remain weak.
Positive
- Trading above both 50 DMA and 200 DMA confirms short-term bullish bias.
- MACD positive (8.17) supports momentum continuation.
- Dividend yield at 1.04% provides steady returns.
- DII holdings increased (+0.38%), reflecting domestic institutional support.
Limitation
- High P/E (53.0) compared to industry PE (47.0) signals overvaluation.
- EPS negative (-3.78 ₹) raises earnings concerns.
- Quarterly profit decline (-31.7%) highlights weak performance.
- Volume below average suggests lack of strong buying interest.
Company Negative News
- Decline in FII holdings (-0.06%) shows reduced foreign investor confidence.
- Sharp quarterly profit drop despite stable PAT numbers.
Company Positive News
- Stable trading above DMA cluster supports technical resilience.
- Dividend yield and institutional support provide investor confidence.
Industry
- Industry PE at 47.0 indicates sector remains richly valued.
- Consumer electricals sector benefits from rising demand but faces margin pressures.
Conclusion
⚡ CROMPTON is consolidating with mild bullish undertones. Entry near ₹280–₹285 offers cautious accumulation, with exit targets at ₹300–₹305. Weak earnings and negative EPS warrant caution, but technical resilience above DMA cluster provides short-term trading opportunities.
Would you like me to expand this into a consumer electricals sector overlay comparing peers like Havells and V-Guard, or keep it focused as a single CROMPTON swing trade report?