DELHIVERY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | DELHIVERY | Market Cap | 31,734 Cr. | Current Price | 424 ₹ | High / Low | 490 ₹ |
| Stock P/E | 94.1 | Book Value | 135 ₹ | Dividend Yield | 0.00 % | ROCE | 2.71 % |
| ROE | 1.78 % | Face Value | 1.00 ₹ | DMA 50 | 421 ₹ | DMA 200 | 414 ₹ |
| Chg in FII Hold | -3.08 % | Chg in DII Hold | 2.93 % | PAT Qtr | 101 Cr. | PAT Prev Qtr | 61.2 Cr. |
| RSI | 51.4 | MACD | -4.14 | Volume | 41,00,159 | Avg Vol 1Wk | 22,93,541 |
| Low price | 238 ₹ | High price | 490 ₹ | PEG Ratio | 3.14 | Debt to equity | 0.15 |
| 52w Index | 73.7 % | Qtr Profit Var | 141 % | EPS | 3.13 ₹ | Industry PE | 21.0 |
📊 Chart & Trend Analysis: DELHIVERY is trading at ₹424, hovering around its 50 DMA (₹421) and slightly above the 200 DMA (₹414), indicating neutral momentum. RSI at 51.4 suggests balanced positioning, neither overbought nor oversold. MACD at -4.14 shows mild bearish undertone. Bollinger Bands indicate price is near the mid-range, with support around ₹414 and resistance near ₹490.
📈 Momentum Signals: Current volume (41 lakh) is significantly higher than the 1-week average (22.9 lakh), showing strong participation. Neutral RSI and slightly negative MACD suggest consolidation with mild bearish bias, but high volume indicates potential accumulation.
💡 Entry Zone: Optimal entry around ₹415–430 (near support).
🚪 Exit Zone: Resistance seen at ₹490 (recent high). Profit booking advised near this level.
🔎 Trend Status: The stock is currently consolidating with mild bearish bias. A breakout above ₹490 would confirm upward reversal momentum.
Positive
- EPS of ₹3.13 provides earnings visibility.
- Quarterly PAT growth (₹101 Cr vs ₹61.2 Cr) shows operational improvement.
- DII holding increased (+2.93%), reflecting strong domestic institutional support.
- 52-week index gain of 73.7% highlights long-term strength.
Limitation
- High P/E (94.1) compared to industry average (21.0) suggests severe overvaluation.
- Weak ROCE (2.71%) and ROE (1.78%) indicate poor capital efficiency.
- PEG ratio of 3.14 reflects expensive valuation relative to growth.
Company Negative News
- Decline in FII holding (-3.08%) shows reduced foreign investor confidence.
- Low profitability metrics compared to peers.
Company Positive News
- DII holding increased (+2.93%), showing strong domestic institutional support.
- Quarterly profit variation (+141% YoY) highlights strong growth momentum.
Industry
- Industry P/E at 21.0 is far lower than DELHIVERY’s P/E, suggesting peers are more attractively valued.
- Logistics and supply chain sector remains vital, supported by e-commerce growth and infrastructure expansion.
Conclusion
⚖️ DELHIVERY shows strong growth momentum and institutional support but faces valuation concerns and weak efficiency metrics. Short-term consolidation with mild bearish bias is evident. Entry near ₹415–430 offers margin of safety, while exits should be considered near ₹490. Long-term investors may hold for sector relevance and growth potential, while traders should wait for confirmation above ₹490 before aggressive buying.
Would you like me to extend this into a peer benchmarking overlay (e.g., comparing DELHIVERY with Blue Dart, Mahindra Logistics, and TCI Express) to highlight relative strength and sector rotation opportunities?