⚠ 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.
DMART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | DMART | Market Cap | 2,38,819 Cr. | Current Price | 3,670 ₹ | High / Low | 4,950 ₹ |
| Stock P/E | 76.6 | Book Value | 366 ₹ | Dividend Yield | 0.00 % | ROCE | 18.4 % |
| ROE | 14.0 % | Face Value | 10.0 ₹ | DMA 50 | 3,834 ₹ | DMA 200 | 4,067 ₹ |
| Chg in FII Hold | -0.02 % | Chg in DII Hold | -0.19 % | PAT Qtr | 923 Cr. | PAT Prev Qtr | 747 Cr. |
| RSI | 38.0 | MACD | -47.1 | Volume | 3,02,237 | Avg Vol 1Wk | 4,03,445 |
| Low price | 3,337 ₹ | High price | 4,950 ₹ | PEG Ratio | 3.53 | Debt to equity | 0.06 |
| 52w Index | 20.6 % | Qtr Profit Var | 17.6 % | EPS | 47.9 ₹ | Industry PE | 39.2 |
📈 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (3,834 ₹) and 200 DMA (4,067 ₹), showing weakness.
- Moving Averages: Current price (3,670 ₹) is under both DMAs, indicating bearish bias.
- RSI: At 38.0, approaching oversold territory, suggesting potential rebound.
- MACD: Negative (-47.1), confirming bearish momentum.
- Bollinger Bands: Price is near lower band, showing oversold conditions.
- Volume Trends: Current volume (3,02,237) is below 1-week average (4,03,445), indicating weak participation.
📊 Momentum & Trend
- Short-term Momentum: Bearish with RSI weak and MACD negative.
- Support Zone: 3,600 ₹ – 3,650 ₹ (near current levels).
- Resistance Zone: 3,800 ₹ – 3,850 ₹ (near 50 DMA).
- Trend: Consolidating with bearish bias.
- Optimal Entry: Around 3,600 ₹ – 3,650 ₹ if support holds.
- Optimal Exit: Around 3,800 ₹ – 3,850 ₹ unless breakout occurs.
✅ Positive
- Strong quarterly PAT growth (923 Cr vs 747 Cr).
- EPS of 47.9 ₹, showing profitability.
- Low debt-to-equity (0.06), financially stable.
⚠️ Limitation
- High P/E (76.6) compared to industry average (39.2), suggesting overvaluation.
- No dividend yield (0.00%), limiting investor returns.
- PEG ratio of 3.53 indicates expensive valuation relative to growth.
📉 Company Negative News
- FII holding decreased (-0.02%), showing reduced foreign investor confidence.
- DII holding decreased (-0.19%), showing weaker domestic institutional support.
📈 Company Positive News
- Quarterly profit growth of 17.6% indicates operational improvement.
- EPS remains strong despite valuation concerns.
🏭 Industry
- Industry PE at 39.2, much lower than company PE, suggesting overvaluation.
- Sector remains steady, but valuations are stretched compared to peers.
🔎 Conclusion
- Stock is consolidating with bearish signals and nearing oversold territory.
- Entry near support (3,600 ₹ – 3,650 ₹) could be favorable for short-term rebound trades.
- Exit near resistance (3,800 ₹ – 3,850 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to high valuations despite strong earnings growth.