DALBHARAT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | DALBHARAT | Market Cap | 35,756 Cr. | Current Price | 1,906 ₹ | High / Low | 2,496 ₹ |
| Stock P/E | 247 | Book Value | 420 ₹ | Dividend Yield | 0.47 % | ROCE | 2.17 % |
| ROE | 1.84 % | Face Value | 2.00 ₹ | DMA 50 | 1,952 ₹ | DMA 200 | 2,034 ₹ |
| Chg in FII Hold | -0.77 % | Chg in DII Hold | 1.26 % | PAT Qtr | 74.8 Cr. | PAT Prev Qtr | 22.0 Cr. |
| RSI | 46.4 | MACD | 8.43 | Volume | 2,86,130 | Avg Vol 1Wk | 4,88,538 |
| Low price | 1,717 ₹ | High price | 2,496 ₹ | PEG Ratio | -26.5 | Debt to equity | 0.03 |
| 52w Index | 24.3 % | Qtr Profit Var | -2.88 % | EPS | 7.52 ₹ | Industry PE | 30.8 |
📊 DALBHARAT is trading below both its 50 DMA (1,952 ₹) and 200 DMA (2,034 ₹), signaling technical weakness. RSI at 46.4 indicates neutral-to-bearish momentum, while MACD at 8.43 shows mild positive divergence but not strong enough to confirm reversal. Current volume (2,86,130) is lower than average (4,88,538), suggesting weak participation. Bollinger Bands show price leaning toward the lower band, pointing to consolidation with bearish undertones.
🎯 Entry Zone: 1,880 ₹ – 1,910 ₹ (support near 1,900 ₹)
💰 Exit Zone: 1,960 ₹ – 2,000 ₹ (resistance near 2,000 ₹)
🔄 Trend Status: Consolidating with bearish bias
Positive
- EPS of 7.52 ₹ provides earnings visibility.
- Low debt-to-equity ratio (0.03) ensures financial stability.
- Quarterly PAT improvement (74.8 Cr vs 22.0 Cr) shows operational recovery.
- DII holdings increased (+1.26%), reflecting domestic institutional support.
Limitation
- Extremely high P/E (247) compared to industry PE (30.8) signals severe overvaluation.
- ROE (1.84%) and ROCE (2.17%) are very weak, limiting efficiency appeal.
- PEG ratio (-26.5) reflects poor growth-adjusted valuation.
- Trading below both 50 DMA and 200 DMA indicates weak technical structure.
Company Negative News
- Decline in FII holdings (-0.77%) signals reduced foreign investor confidence.
- Quarterly profit variation (-2.88%) highlights earnings volatility.
Company Positive News
- Quarterly PAT recovery shows operational improvement despite volatility.
- DII inflows (+1.26%) reflect domestic institutional confidence.
Industry
- Industry PE at 30.8 is far lower than DALBHARAT’s 247, highlighting valuation risk.
- Cement sector remains cyclical, influenced by infrastructure demand and input costs.
Conclusion
⚖️ DALBHARAT is consolidating with bearish undertones, trading below key moving averages and showing weak participation. Entry near 1,880–1,910 ₹ offers cautious accumulation, with exits around 1,960–2,000 ₹. Strong fundamentals are overshadowed by extreme valuations and weak efficiency ratios, warranting defensive positioning for traders and investors.
This is the short-term technical trade view. If you’d like, I can also prepare a swing trade overlay comparing DALBHARAT with other cement sector peers to refine entry/exit strategies.