⚠ 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.
DEEPAKNTR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | DEEPAKNTR | Market Cap | 22,076 Cr. | Current Price | 1,619 ₹ | High / Low | 2,400 ₹ |
| Stock P/E | 104 | Book Value | 232 ₹ | Dividend Yield | 0.47 % | ROCE | 10.1 % |
| ROE | 8.22 % | Face Value | 2.00 ₹ | DMA 50 | 1,630 ₹ | DMA 200 | 1,819 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | 0.50 % | PAT Qtr | 112 Cr. | PAT Prev Qtr | 30.3 Cr. |
| RSI | 47.4 | MACD | -13.3 | Volume | 67,658 | Avg Vol 1Wk | 1,23,972 |
| Low price | 1,513 ₹ | High price | 2,400 ₹ | PEG Ratio | -5.27 | Debt to equity | 0.01 |
| 52w Index | 11.9 % | Qtr Profit Var | -21.5 % | EPS | 15.6 ₹ | Industry PE | 26.3 |
📊 Technical Analysis
- Chart Patterns: Stock has corrected from 2,400 ₹ high to 1,619 ₹, showing a bearish structure with sideways consolidation.
- Moving Averages: Current price is slightly below 50 DMA (1,630 ₹) and well below 200 DMA (1,819 ₹), indicating weak momentum.
- RSI: 47.4 — neutral zone, neither overbought nor oversold.
- MACD: -13.3 — bearish crossover, momentum weak.
- Bollinger Bands: Price near mid-band, suggesting consolidation after decline.
- Volume Trends: Current volume (67K) below 1-week average (124K), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but neutral RSI suggests sideways consolidation.
- Support Levels: Strong support near 1,513 ₹.
- Resistance Levels: Immediate resistance at 1,630 ₹ (50 DMA), next at 1,819 ₹ (200 DMA).
- Optimal Entry Zone: 1,520–1,580 ₹ (near support).
- Optimal Exit Zone: 1,750–1,800 ₹ (near 200 DMA resistance).
- Trend Status: Stock is consolidating with bearish undertone.
✅ Positive
- Low debt-to-equity (0.01) ensures strong financial stability.
- Book value of 232 ₹ provides asset backing.
- PAT improved sequentially (112 Cr vs 30.3 Cr), showing recovery momentum.
⚠️ Limitation
- Stock P/E (104) is extremely high compared to industry P/E (26.3), suggesting overvaluation.
- ROCE (10.1%) and ROE (8.22%) are weak, reflecting modest efficiency.
- PEG ratio (-5.27) indicates poor growth-adjusted valuation.
📉 Company Negative News
- Quarterly profit variation of -21.5% shows earnings volatility.
- FII holding decreased by -0.15%, showing reduced foreign investor confidence.
- Stock has corrected heavily from 2,400 ₹ high to current 1,619 ₹.
📈 Company Positive News
- DII holding increased by 0.50%, showing domestic institutional support.
- Sequential PAT recovery (112 Cr vs 30.3 Cr) indicates operational improvement.
🏭 Industry
- Industry P/E at 26.3 is far lower than DEEPAKNTR, highlighting relative overvaluation.
- Chemical sector remains cyclical, influenced by global demand and raw material prices.
📝 Conclusion
- DEEPAKNTR is in a consolidation phase with bearish undertone.
- Best strategy: Accumulate cautiously near support (1,520–1,580 ₹) and book profits near resistance (1,750–1,800 ₹).
- Long-term investors should be cautious given high valuation and modest efficiency, despite recent profit recovery.