⚠ 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.
DELHIVERY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | DELHIVERY | Market Cap | 32,869 Cr. | Current Price | 439 ₹ | High / Low | 490 ₹ |
| Stock P/E | 97.4 | Book Value | 135 ₹ | Dividend Yield | 0.00 % | ROCE | 2.71 % |
| ROE | 1.78 % | Face Value | 1.00 ₹ | DMA 50 | 412 ₹ | DMA 200 | 409 ₹ |
| Chg in FII Hold | -3.08 % | Chg in DII Hold | 2.93 % | PAT Qtr | 101 Cr. | PAT Prev Qtr | 61.2 Cr. |
| RSI | 66.0 | MACD | 1.80 | Volume | 1,05,83,924 | Avg Vol 1Wk | 51,16,982 |
| Low price | 237 ₹ | High price | 490 ₹ | PEG Ratio | 3.25 | Debt to equity | 0.15 |
| 52w Index | 80.0 % | Qtr Profit Var | 141 % | EPS | 3.13 ₹ | Industry PE | 23.1 |
📊 Technical Analysis
- Chart Patterns: Stock has rallied from 237 ₹ low to 439 ₹, approaching 490 ₹ high, showing strong bullish momentum.
- Moving Averages: Current price is above both 50 DMA (412 ₹) and 200 DMA (409 ₹), confirming uptrend support.
- RSI: 66.0 — nearing overbought zone, caution for short-term traders.
- MACD: 1.80 — bullish crossover, momentum positive.
- Bollinger Bands: Price near upper band, suggesting strong buying but risk of pullback.
- Volume Trends: Current volume (10.58M) is significantly higher than 1-week average (5.12M), showing strong participation.
📈 Momentum & Signals
- Short-term Momentum: Strong bullish momentum, but RSI indicates risk of near-term consolidation.
- Support Levels: Strong support near 412 ₹ (50 DMA).
- Resistance Levels: Immediate resistance at 490 ₹ (recent high).
- Optimal Entry Zone: 420–435 ₹ (near support and DMA levels).
- Optimal Exit Zone: 480–490 ₹ (near recent highs).
- Trend Status: Stock is trending upward with potential short-term consolidation.
✅ Positive
- Quarterly PAT surged to 101 Cr vs 61.2 Cr, growth of 141%.
- DII holding increased by 2.93%, showing strong domestic institutional support.
- Stock trading above both 50 DMA and 200 DMA confirms bullish trend.
- Strong 52-week performance (80% gain).
⚠️ Limitation
- Stock P/E (97.4) is extremely high compared to industry P/E (23.1), suggesting overvaluation.
- ROCE (2.71%) and ROE (1.78%) are weak, reflecting poor efficiency.
- PEG ratio of 3.25 indicates expensive valuation relative to growth.
📉 Company Negative News
- FII holding decreased by -3.08%, showing reduced foreign investor confidence.
- High valuation may limit upside potential in the near term.
📈 Company Positive News
- Strong quarterly profit growth (141%) signals operational improvement.
- DII support increased significantly (+2.93%).
- Stock has delivered strong returns over the past year (80%).
🏭 Industry
- Industry P/E at 23.1 is much lower than DELHIVERY, highlighting relative overvaluation.
- Logistics sector is expanding with rising e-commerce demand and infrastructure growth.
📝 Conclusion
- DELHIVERY is in a strong uptrend supported by volume and moving averages.
- Best strategy: Accumulate near support (420–435 ₹) and book profits near resistance (480–490 ₹).
- Short-term traders should be cautious of RSI-driven consolidation, while long-term investors may hold given growth prospects despite high valuation.