DELHIVERY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | DELHIVERY | Market Cap | 34,523 Cr. | Current Price | 460 ₹ | High / Low | 490 ₹ |
| Stock P/E | 98.4 | Book Value | 134 ₹ | Dividend Yield | 0.00 % | ROCE | 4.21 % |
| ROE | 3.52 % | Face Value | 1.00 ₹ | DMA 50 | 453 ₹ | DMA 200 | 429 ₹ |
| Chg in FII Hold | -0.34 % | Chg in DII Hold | 1.29 % | PAT Qtr | 78.3 Cr. | PAT Prev Qtr | 101 Cr. |
| RSI | 50.2 | MACD | 0.60 | Volume | 10,85,704 | Avg Vol 1Wk | 24,30,182 |
| Low price | 343 ₹ | High price | 490 ₹ | PEG Ratio | 2.86 | Debt to equity | 0.14 |
| 52w Index | 79.8 % | Qtr Profit Var | 37.8 % | EPS | 4.35 ₹ | Industry PE | 24.4 |
📈 Chart & Trend Analysis: DELHIVERY is trading at ₹460, slightly above its 50 DMA (₹453) and 200 DMA (₹429), showing mild bullish bias. RSI at 50.2 indicates neutral momentum. MACD at 0.60 reflects weak positive divergence. Bollinger Bands place price mid-range, suggesting consolidation rather than breakout.
🔎 Momentum Signals: Current volume (10.85L) is significantly below the 1-week average (24.30L), showing weak participation. Short-term momentum is neutral-to-positive, with resistance near ₹475–₹490.
🎯 Entry Zone: ₹450–₹455 (support near DMA cluster)
🚪 Exit Zone: ₹475–₹490 (resistance zone)
🛑 Stop-Loss: ₹440 (below support)
📊 Trend Status: Consolidating with mild bullish undertones; reversal possible if price sustains above ₹490 with stronger volumes.
Positive
- Trading above both 50 DMA and 200 DMA confirms short-term bullish bias.
- EPS at ₹4.35 provides earnings visibility.
- DII holdings increased (+1.29%), reflecting domestic institutional support.
- Quarterly profit variation (+37.8%) shows sequential improvement.
Limitation
- High P/E (98.4) compared to industry PE (24.4) signals severe overvaluation.
- ROE (3.52%) and ROCE (4.21%) are modest efficiency metrics.
- Volume significantly below average reduces conviction in breakout potential.
- Dividend yield at 0.00% offers no income support.
Company Negative News
- Decline in FII holdings (-0.34%) signals reduced foreign investor confidence.
- PAT dropped from ₹101 Cr. to ₹78.3 Cr., showing earnings pressure.
Company Positive News
- DII inflows (+1.29%) show confidence in near-term performance.
- Stock trading near support levels may attract accumulation.
Industry
- Industry PE at 24.4 is far lower than DELHIVERY’s 98.4, highlighting valuation risk.
- Logistics and e-commerce sector remains in growth phase, supported by rising demand but sensitive to cost pressures.
Conclusion
⚖️ DELHIVERY is consolidating with mild bullish undertones, supported by DMA levels and domestic inflows. Entry near ₹450–₹455 offers favorable positioning, with exits around ₹475–₹490. However, weak earnings, stretched valuations, and low efficiency ratios warrant cautious accumulation, with strict stop-loss management near ₹440.
Would you like me to expand this into a logistics sector overlay comparing peers like Blue Dart and TCI Express, or keep it focused as a single DELHIVERY swing trade report?