DELHIVERY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | DELHIVERY | Market Cap | 34,968 Cr. | Current Price | 467 ₹ | High / Low | 490 ₹ |
| Stock P/E | 104 | Book Value | 135 ₹ | Dividend Yield | 0.00 % | ROCE | 2.71 % |
| ROE | 1.78 % | Face Value | 1.00 ₹ | DMA 50 | 442 ₹ | DMA 200 | 422 ₹ |
| Chg in FII Hold | -0.34 % | Chg in DII Hold | 1.29 % | PAT Qtr | 101 Cr. | PAT Prev Qtr | 61.2 Cr. |
| RSI | 60.2 | MACD | 8.93 | Volume | 26,46,159 | Avg Vol 1Wk | 26,58,098 |
| Low price | 295 ₹ | High price | 490 ₹ | PEG Ratio | 3.46 | Debt to equity | 0.15 |
| 52w Index | 88.2 % | Qtr Profit Var | 141 % | EPS | 3.13 ₹ | Industry PE | 23.7 |
📊 DELHIVERY is trading above both its 50 DMA (442 ₹) and 200 DMA (422 ₹), confirming short-term bullish momentum. RSI at 60.2 indicates moderate strength, while MACD at 8.93 shows positive divergence. Current volume (26,46,159) is nearly equal to the weekly average (26,58,098), suggesting steady participation. Bollinger Bands show price near the upper band, pointing to resistance around 478–485 ₹.
🎯 Entry Zone: 455 ₹ – 465 ₹ (support near DMA levels)
💰 Exit Zone: 478 ₹ – 485 ₹ (resistance band)
🔄 Trend Status: Trending upward with short-term momentum; consolidation possible if volume weakens.
Positive
- Quarterly PAT growth (101 Cr vs 61.2 Cr) highlights strong earnings momentum.
- Trading above both 50 DMA and 200 DMA confirms bullish bias.
- DII holdings increased (+1.29%), reflecting domestic institutional support.
- 52-week index at 88.2% shows strong relative performance.
Limitation
- High P/E (104) compared to industry PE (23.7) suggests severe overvaluation.
- Weak ROE (1.78%) and ROCE (2.71%) highlight poor efficiency.
- PEG ratio (3.46) indicates growth expectations are stretched.
- Volume flat versus average reduces conviction in breakout strength.
Company Negative News
- Decline in FII holdings (-0.34%) signals reduced foreign investor confidence.
- High valuation multiples limit long-term attractiveness.
Company Positive News
- Quarterly profit surge (+141%) highlights operational improvement.
- DII inflows (+1.29%) show strong domestic institutional confidence.
Industry
- Industry PE at 23.7 is far lower than DELHIVERY’s P/E, suggesting relative overvaluation.
- Logistics sector benefits from e-commerce growth and infrastructure expansion.
Conclusion
⚖️ DELHIVERY is trending upward with short-term momentum supported by earnings growth and DII inflows. Entry near 455–465 ₹ with exits around 478–485 ₹ is favorable for swing trades. Long-term investors should be cautious due to stretched valuations and weak efficiency metrics despite strong quarterly profit growth.
This is the short-term technical trade view. If you’d like, I can also prepare a sector overlay benchmarking DELHIVERY against logistics peers to refine entry/exit strategies for your workflow reports.