⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
DALBHARAT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | DALBHARAT | Market Cap | 38,871 Cr. | Current Price | 2,072 ₹ | High / Low | 2,496 ₹ |
| Stock P/E | 266 | Book Value | 415 ₹ | Dividend Yield | 0.45 % | ROCE | 2.56 % |
| ROE | 2.36 % | Face Value | 2.00 ₹ | DMA 50 | 2,099 ₹ | DMA 200 | 2,094 ₹ |
| Chg in FII Hold | -0.83 % | Chg in DII Hold | 1.18 % | PAT Qtr | 22.0 Cr. | PAT Prev Qtr | 14.0 Cr. |
| RSI | 37.8 | MACD | -7.22 | Volume | 4,15,671 | Avg Vol 1Wk | 4,49,197 |
| Low price | 1,601 ₹ | High price | 2,496 ₹ | PEG Ratio | -84.0 | Debt to equity | 0.00 |
| 52w Index | 52.6 % | Qtr Profit Var | 214 % | EPS | 7.68 ₹ | Industry PE | 30.0 |
📊 Technical Analysis
- Chart Patterns: DALBHARAT is trading at 2,072 ₹, below its recent high of 2,496 ₹, showing weakness after a rally. Price action suggests sideways consolidation with bearish undertones.
- Moving Averages: Current price is slightly below both 50 DMA (2,099 ₹) and 200 DMA (2,094 ₹), indicating indecision and consolidation with bearish bias.
- RSI: At 37.8, the stock is approaching oversold territory, suggesting limited downside but weak momentum.
- MACD: Negative (-7.22), reinforcing bearish crossover and weak momentum.
- Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible mean reversion.
- Volume Trends: Current volume (4.15L) is slightly lower than 1-week average (4.49L), showing reduced participation and lack of strong buying interest.
📈 Momentum & Signals
- Short-Term Momentum: Weak, with potential for relief rally if RSI-driven bounce occurs.
- Support Zones: 2,050 ₹ (near-term support), 2,000 ₹ (strong support), 1,601 ₹ (long-term support).
- Resistance Zones: 2,099–2,100 ₹ (DMA resistance), 2,150 ₹ (intermediate resistance), 2,250 ₹ (major resistance).
- Optimal Entry: Around 2,050–2,080 ₹ if support holds.
- Optimal Exit: 2,150–2,250 ₹ range, unless breakout above 2,300 ₹ confirms reversal.
- Trend Status: Currently consolidating with bearish bias; reversal possible only if price sustains above 2,100–2,150 ₹.
✅ Positive
- Debt-free balance sheet (Debt-to-equity 0.00) ensures financial resilience.
- DII holdings increased (+1.18%), showing domestic institutional support.
- PAT improved from 14 Cr. to 22 Cr., reflecting sequential earnings growth.
- EPS of 7.68 ₹ indicates earnings improvement.
⚠️ Limitation
- Extremely high P/E (266) compared to industry PE (30.0), suggesting severe overvaluation.
- PEG ratio (-84.0) indicates poor valuation relative to growth.
- ROCE (2.56%) and ROE (2.36%) are very low, showing weak capital efficiency.
- Trading below both 50 DMA and 200 DMA confirms weak technical structure.
📉 Company Negative News
- FII holdings declined (-0.83%), showing reduced foreign investor confidence.
- Despite PAT growth, profitability remains modest compared to peers.
📈 Company Positive News
- DII holdings increased (+1.18%), showing strong domestic support.
- PAT improved significantly from 14 Cr. to 22 Cr. in recent quarter.
- Debt-free balance sheet adds financial strength.
🏭 Industry
- Industry P/E is 30.0, much lower than DALBHARAT’s 266, highlighting relative overvaluation.
- Cement sector remains cyclical, influenced by infrastructure demand and government spending.
📝 Conclusion
- DALBHARAT is fundamentally weak in efficiency metrics but technically consolidating with bearish bias.
- Stock may see a relief rally if support near 2,050 ₹ holds and price sustains above 2,100–2,150 ₹.
- Best strategy: Accumulate cautiously near 2,050–2,080 ₹ with exit around 2,150–2,250 ₹ unless breakout above 2,300 ₹ confirms reversal.