⚠ 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.
DOMS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | DOMS | Market Cap | 14,282 Cr. | Current Price | 2,353 ₹ | High / Low | 3,065 ₹ |
| Stock P/E | 67.5 | Book Value | 174 ₹ | Dividend Yield | 0.13 % | ROCE | 26.0 % |
| ROE | 21.7 % | Face Value | 10.0 ₹ | DMA 50 | 2,498 ₹ | DMA 200 | 2,518 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.57 % | PAT Qtr | 54.2 Cr. | PAT Prev Qtr | 55.8 Cr. |
| RSI | 40.4 | MACD | -57.3 | Volume | 20,859 | Avg Vol 1Wk | 48,632 |
| Low price | 2,250 ₹ | High price | 3,065 ₹ | PEG Ratio | 0.44 | Debt to equity | 0.11 |
| 52w Index | 12.7 % | Qtr Profit Var | 16.6 % | EPS | 34.9 ₹ | Industry PE | 28.1 |
📊 Technical Analysis
- Chart Patterns: DOMS is trading at 2,353 ₹, below its recent high of 3,065 ₹, showing weakness after a rally. Price action suggests sideways consolidation with bearish undertones.
- Moving Averages: Current price is below both 50 DMA (2,498 ₹) and 200 DMA (2,518 ₹), confirming short-term and medium-term weakness.
- RSI: At 40.4, the stock is approaching oversold territory, suggesting limited downside but weak momentum.
- MACD: Negative (-57.3), reinforcing bearish crossover and weak momentum.
- Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible mean reversion.
- Volume Trends: Current volume (20,859) is lower than 1-week average (48,632), showing reduced participation and lack of strong buying interest.
📈 Momentum & Signals
- Short-Term Momentum: Weak, with potential for relief rally if RSI-driven bounce occurs.
- Support Zones: 2,300 ₹ (near-term support), 2,250 ₹ (strong support).
- Resistance Zones: 2,498 ₹ (50 DMA), 2,520 ₹ (200 DMA), 2,600 ₹ (major resistance).
- Optimal Entry: Around 2,300–2,350 ₹ if support holds.
- Optimal Exit: 2,480–2,520 ₹ range, unless breakout above 2,600 ₹ confirms reversal.
- Trend Status: Currently consolidating with bearish bias; reversal possible only if price sustains above 2,498–2,520 ₹.
✅ Positive
- Strong ROCE (26.0%) and ROE (21.7%) indicate efficient capital use.
- Low debt-to-equity (0.11) ensures financial stability.
- DII holdings increased (+0.57%), showing domestic institutional support.
- Quarterly profit variation (+16.6%) highlights operational improvement.
- PEG ratio (0.44) suggests growth is reasonably priced compared to peers.
⚠️ Limitation
- High P/E (67.5) compared to industry PE (28.1), suggesting overvaluation.
- Dividend yield of 0.13% is negligible, offering limited income support.
- Trading below both 50 DMA and 200 DMA confirms weak technical structure.
- Volume participation is weak, limiting momentum strength.
📉 Company Negative News
- FII holdings declined (-0.12%), showing reduced foreign investor confidence.
- PAT dropped slightly from 55.8 Cr. to 54.2 Cr., reflecting earnings slowdown.
📈 Company Positive News
- DII holdings increased (+0.57%), showing domestic support.
- Quarterly profit variation (+16.6%) highlights operational improvement despite flat PAT.
- Strong ROCE and ROE demonstrate efficient capital utilization.
🏭 Industry
- Industry P/E is 28.1, much lower than DOMS’s 67.5, highlighting relative overvaluation.
- Stationery and consumer goods sector remains competitive, driven by brand strength and distribution expansion.
📝 Conclusion
- DOMS is fundamentally strong but technically consolidating with bearish bias.
- Stock may see a relief rally if support near 2,300 ₹ holds and price sustains above 2,498–2,520 ₹.
- Best strategy: Accumulate cautiously near 2,300–2,350 ₹ with exit around 2,480–2,520 ₹ unless breakout above 2,600 ₹ confirms reversal.