⚠ 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.
ENDURANCE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | ENDURANCE | Market Cap | 34,111 Cr. | Current Price | 2,425 ₹ | High / Low | 3,080 ₹ |
| Stock P/E | 48.8 | Book Value | 324 ₹ | Dividend Yield | 0.41 % | ROCE | 21.5 % |
| ROE | 16.1 % | Face Value | 10.0 ₹ | DMA 50 | 2,568 ₹ | DMA 200 | 2,567 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.15 % | PAT Qtr | 188 Cr. | PAT Prev Qtr | 166 Cr. |
| RSI | 42.4 | MACD | -58.8 | Volume | 18,965 | Avg Vol 1Wk | 50,272 |
| Low price | 1,556 ₹ | High price | 3,080 ₹ | PEG Ratio | 2.62 | Debt to equity | 0.02 |
| 52w Index | 57.0 % | Qtr Profit Var | 1.49 % | EPS | 48.6 ₹ | Industry PE | 28.0 |
📈 Technical Analysis
- Chart Patterns: Stock corrected from 3,080 ₹ highs and is consolidating near 2,425 ₹, showing weakness but holding above long-term support levels.
- Moving Averages: Current price (2,425 ₹) is below both 50 DMA (2,568 ₹) and 200 DMA (2,567 ₹), indicating short-term bearishness despite long-term stability.
- RSI: At 42.4, the stock is neutral, neither oversold nor overbought.
- MACD: Negative (-58.8), confirming bearish momentum persists.
- Bollinger Bands: Price is near the lower band, suggesting oversold conditions but not yet a reversal signal.
- Volume Trends: Current volume (18,965) is significantly lower than 1-week average (50,272), showing weak participation.
📊 Momentum & Signals
- Short-Term Momentum: Weak, with potential for sideways consolidation.
- Support Zones: 2,400 ₹ (near-term), 2,250 ₹ (major support).
- Resistance Zones: 2,568 ₹ (50 DMA), 2,650 ₹ (trendline resistance), 2,800 ₹ (higher resistance).
- Entry Zone: 2,400–2,430 ₹ if RSI stabilizes.
- Exit Zone: 2,568–2,650 ₹ on rebound; strict stop-loss below 2,400 ₹.
- Trend Status: Stock is consolidating after correction, awaiting breakout direction.
✅ Positive
- Strong fundamentals with ROCE (21.5 %) and ROE (16.1 %) indicating efficient capital use.
- Low debt-to-equity ratio (0.02) shows excellent financial stability.
- EPS at 48.6 ₹ supports earnings strength.
- Dividend yield at 0.41 % provides modest income support.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak technical strength.
- Quarterly PAT growth was modest (188 Cr. vs 166 Cr.), showing limited earnings momentum.
- High P/E (48.8) compared to industry PE (28.0) suggests premium valuation.
- PEG ratio at 2.62 indicates valuation is stretched relative to growth.
📉 Company Negative News
- Quarterly profit variance (+1.49 %) highlights slow earnings growth.
- FII holdings decreased (-0.12 %), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased (+0.15 %), showing domestic institutional support.
- Consistent profitability with strong ROCE and ROE metrics.
🏭 Industry
- Industry PE at 28.0 is lower than company PE (48.8), suggesting ENDURANCE trades at a premium.
- Automobile components sector outlook remains positive with cyclical demand recovery potential.
🔎 Conclusion
- ENDURANCE is in a consolidation phase after correction, with neutral RSI but bearish MACD.
- Short-term traders may consider entry near 2,400–2,430 ₹ with exit around 2,568–2,650 ₹.
- Long-term investors may hold due to strong fundamentals, but should be cautious of premium valuations and slow earnings growth.