DEVYANI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | DEVYANI | Market Cap | 14,356 Cr. | Current Price | 116 ₹ | High / Low | 191 ₹ |
| Book Value | 12.2 ₹ | Dividend Yield | 0.00 % | ROCE | 5.16 % | ROE | -1.13 % |
| Face Value | 1.00 ₹ | DMA 50 | 116 ₹ | DMA 200 | 133 ₹ | Chg in FII Hold | 0.36 % |
| Chg in DII Hold | -0.11 % | PAT Qtr | -12.7 Cr. | PAT Prev Qtr | 8.56 Cr. | RSI | 53.2 |
| MACD | 0.92 | Volume | 10,74,994 | Avg Vol 1Wk | 9,00,146 | Low price | 91.6 ₹ |
| High price | 191 ₹ | Debt to equity | 1.77 | 52w Index | 25.0 % | Qtr Profit Var | 3.92 % |
| EPS | -0.27 ₹ | Industry PE | 67.7 |
📈 Chart & Trend Analysis: DEVYANI is trading at ₹116, exactly at its 50 DMA (₹116) but below its 200 DMA (₹133), signaling weak momentum. RSI at 53.2 suggests neutral momentum. MACD at 0.92 shows mild positive divergence. Bollinger Bands place price mid-range, indicating consolidation rather than breakout.
🔎 Momentum Signals: Current volume (10.75L) is slightly above the 1-week average (9.00L), showing moderate participation. Short-term momentum is neutral-to-positive, with resistance near ₹120–₹125.
🎯 Entry Zone: ₹112–₹115 (support near DMA cluster)
🚪 Exit Zone: ₹120–₹125 (resistance zone)
🛑 Stop-Loss: ₹110 (below support)
📊 Trend Status: Consolidating with mild bullish undertones; reversal possible if price sustains above ₹125.
Positive
- Trading at 50 DMA with MACD positive (0.92) supports short-term momentum.
- FII holdings increased (+0.36%), reflecting foreign investor confidence.
- Volume above average indicates moderate participation.
- 52w Index at 25% shows recovery potential from lows.
Limitation
- Trading below 200 DMA (₹133) indicates medium-term weakness.
- Negative EPS (-₹0.27) highlights profitability concerns.
- ROE (-1.13%) and ROCE (5.16%) are weak efficiency metrics.
- High debt-to-equity (1.77) raises leverage risk.
Company Negative News
- PAT dropped to -₹12.7 Cr. from ₹8.56 Cr., showing earnings pressure.
- DII holdings decreased (-0.11%), reflecting reduced domestic confidence.
Company Positive News
- FII inflows (+0.36%) show foreign investor support.
- Volume strength above weekly average indicates active trading interest.
Industry
- Industry PE at 67.7 highlights premium valuations in the QSR/retail sector.
- Sector growth supported by rising consumer demand, but profitability remains cyclical.
Conclusion
⚖️ DEVYANI is consolidating with mild bullish undertones, supported by volume and FII inflows. Entry near ₹112–₹115 offers cautious accumulation, with exits around ₹120–₹125. However, weak earnings, negative EPS, and high leverage warrant defensive positioning, with strict stop-loss management near ₹110.
Would you like me to expand this into a QSR sector overlay comparing peers like Jubilant FoodWorks and Sapphire Foods, or keep it focused as a single DEVYANI swing trade report?