DALBHARAT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | DALBHARAT | Market Cap | 33,611 Cr. | Current Price | 1,792 ₹ | High / Low | 2,496 ₹ |
| Stock P/E | 232 | Book Value | 420 ₹ | Dividend Yield | 0.50 % | ROCE | 2.17 % |
| ROE | 1.84 % | Face Value | 2.00 ₹ | DMA 50 | 1,874 ₹ | DMA 200 | 1,997 ₹ |
| Chg in FII Hold | -0.77 % | Chg in DII Hold | 1.26 % | PAT Qtr | 74.8 Cr. | PAT Prev Qtr | 22.0 Cr. |
| RSI | 44.9 | MACD | -38.4 | Volume | 1,30,858 | Avg Vol 1Wk | 3,39,106 |
| Low price | 1,675 ₹ | High price | 2,496 ₹ | PEG Ratio | -24.9 | Debt to equity | 0.03 |
| 52w Index | 14.3 % | Qtr Profit Var | -2.88 % | EPS | 7.52 ₹ | Industry PE | 29.0 |
📈 Chart & Trend Analysis: DALBHARAT is trading at ₹1,792, below both its 50 DMA (₹1,874) and 200 DMA (₹1,997), signaling weakness. RSI at 44.9 suggests bearish momentum but not oversold. MACD at -38.4 confirms negative divergence. Bollinger Bands show price leaning toward the lower band, indicating downside pressure with support near ₹1,775–₹1,785.
🔎 Momentum Signals: Current volume (1.30L) is significantly below the 1-week average (3.39L), showing weak participation. Short-term momentum remains bearish, but oversold conditions could trigger a rebound if support holds.
🎯 Entry Zone: ₹1,775–₹1,785 (support cluster)
🚪 Exit Zone: ₹1,850–₹1,870 (resistance near 50 DMA)
🛑 Stop-Loss: ₹1,750 (below recent support)
📊 Trend Status: Reversing to bearish bias; consolidation possible if price stabilizes around ₹1,780.
Positive
- EPS at ₹7.52 provides earnings visibility.
- Quarterly PAT improved to ₹74.8 Cr. from ₹22.0 Cr., showing operational recovery.
- DII holdings increased (+1.26%), reflecting domestic institutional support.
- Low debt-to-equity (0.03) ensures financial stability.
Limitation
- Trading below both 50 DMA and 200 DMA indicates technical weakness.
- High P/E (232) compared to industry PE (29.0) signals extreme overvaluation.
- ROE (1.84%) and ROCE (2.17%) are very weak efficiency metrics.
- PEG ratio (-24.9) suggests poor growth valuation metrics.
- Low trading volume reduces conviction in breakout potential.
Company Negative News
- Decline in FII holdings (-0.77%) signals cautious foreign sentiment.
- Quarterly profit variation (-2.88%) highlights earnings pressure despite PAT improvement.
Company Positive News
- DII inflows (+1.26%) show confidence in near-term performance.
- Sequential PAT improvement reflects operational recovery.
Industry
- Industry PE at 29.0 is far lower than DALBHARAT’s 232, highlighting valuation premium.
- Cement sector remains cyclical, driven by infrastructure demand but sensitive to cost pressures.
Conclusion
⚠️ DALBHARAT is showing bearish reversal signals with price below key moving averages and weak momentum indicators. Entry around ₹1,775–₹1,785 offers cautious accumulation, with exit targets at ₹1,850–₹1,870. Strong DII support and PAT recovery provide positives, but extreme valuations and weak efficiency ratios warrant defensive positioning.
Would you like me to expand this into a cement sector overlay comparing peers like Ultratech and Shree Cement, or keep it focused as a single DALBHARAT swing trade report?