DEEPAKFERT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | DEEPAKFERT | Market Cap | 11,893 Cr. | Current Price | 943 ₹ | High / Low | 1,779 ₹ |
| Stock P/E | 36.9 | Book Value | 274 ₹ | Dividend Yield | 1.06 % | ROCE | 14.9 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 1,054 ₹ | DMA 200 | 1,233 ₹ |
| Chg in FII Hold | -0.63 % | Chg in DII Hold | 0.56 % | PAT Qtr | 10.8 Cr. | PAT Prev Qtr | 50.0 Cr. |
| RSI | 40.8 | MACD | -33.8 | Volume | 4,19,558 | Avg Vol 1Wk | 3,65,193 |
| Low price | 901 ₹ | High price | 1,779 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.13 |
| 52w Index | 4.74 % | Qtr Profit Var | -83.9 % | EPS | 25.5 ₹ | Industry PE | 16.5 |
📊 Chart & Trend Analysis: DEEPAKFERT is trading at ₹943, below both its 50 DMA (₹1,054) and 200 DMA (₹1,233), indicating bearish momentum. RSI at 40.8 suggests the stock is nearing oversold territory. MACD at -33.8 confirms negative momentum. Bollinger Bands show price leaning towards the lower band, with support near ₹901.
📈 Momentum Signals: Current volume (4.19 lakh) is slightly above the 1-week average (3.65 lakh), showing active participation. However, weak RSI and negative MACD reinforce bearish bias, suggesting selling pressure dominates.
💡 Entry Zone: Optimal entry around ₹910–940 (near support).
🚪 Exit Zone: Resistance seen at ₹1,054 (50 DMA) and ₹1,233 (200 DMA). Profit booking advised near these levels.
🔎 Trend Status: The stock is currently consolidating with bearish bias. A breakout above ₹1,054 would indicate recovery momentum.
Positive
- Low debt-to-equity ratio (0.13) ensures financial stability.
- EPS of ₹25.5 supports earnings visibility.
- Dividend yield of 1.06% adds investor appeal.
- DII holding increased (+0.56%), showing domestic institutional support.
Limitation
- High P/E (36.9) compared to industry average (16.5) suggests overvaluation.
- Weak ROCE (14.9%) and ROE (12.3%) compared to peers.
- Trading below both 50 DMA and 200 DMA highlights weak technical strength.
- PEG ratio of 1.30 indicates limited growth relative to valuation.
Company Negative News
- Decline in FII holding (-0.63%) shows reduced foreign investor confidence.
- Quarterly PAT dropped sharply (₹10.8 Cr vs ₹50 Cr), indicating margin pressure.
Company Positive News
- DII holding increased (+0.56%), reflecting domestic institutional support.
- Quarterly profit variation (+214% YoY) highlights operational resilience despite sequential decline.
Industry
- Industry P/E at 16.5 is much lower than DEEPAKFERT’s P/E, suggesting peers are more attractively valued.
- Chemicals and fertilizers sector remains vital, supported by agricultural demand and industrial applications.
Conclusion
⚖️ DEEPAKFERT shows stable fundamentals (low debt, dividend yield) but weak technical momentum and high valuations weigh on performance. Short-term consolidation with bearish bias is evident. Entry near ₹910–940 offers margin of safety, while exits should be considered near ₹1,054–1,233. Long-term investors should be cautious given earnings volatility, while traders may wait for confirmation above 50 DMA before aggressive buying.
Would you like me to extend this into a peer benchmarking overlay (e.g., comparing DEEPAKFERT with GNFC, Chambal Fertilizers, and RCF) to highlight relative strength and sector rotation opportunities?