ESCORTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | ESCORTS | Market Cap | 36,266 Cr. | Current Price | 3,242 ₹ | High / Low | 4,180 ₹ |
| Stock P/E | 27.4 | Book Value | 1,064 ₹ | Dividend Yield | 0.86 % | ROCE | 13.7 % |
| ROE | 12.8 % | Face Value | 10.0 ₹ | DMA 50 | 3,256 ₹ | DMA 200 | 3,434 ₹ |
| Chg in FII Hold | 0.46 % | Chg in DII Hold | -0.54 % | PAT Qtr | 403 Cr. | PAT Prev Qtr | 321 Cr. |
| RSI | 52.0 | MACD | 39.0 | Volume | 86,314 | Avg Vol 1Wk | 96,699 |
| Low price | 2,710 ₹ | High price | 4,180 ₹ | PEG Ratio | 1.45 | Debt to equity | 0.01 |
| 52w Index | 36.2 % | Qtr Profit Var | 38.7 % | EPS | 213 ₹ | Industry PE | 27.8 |
📈 Chart Patterns: Price is consolidating near the 50 DMA (3,256 ₹) and below the 200 DMA (3,434 ₹). Trendlines show sideways movement with support near 3,200 ₹ and resistance around 3,350–3,400 ₹.
📊 Moving Averages: Current price (3,242 ₹) is almost equal to the 50 DMA but below the 200 DMA, indicating short-term stability but medium-term weakness.
📉 RSI: At 52.0, RSI is neutral, showing balanced momentum without strong buying or selling pressure.
📊 MACD: Positive at 39.0, suggesting bullish crossover and short-term upside potential.
📉 Bollinger Bands: Price near mid-band, reflecting consolidation with limited volatility expansion.
📊 Volume Trends: Current volume (86K) is slightly below 1-week average (96K), showing reduced participation and lack of breakout strength.
🎯 Momentum Signals: Neutral to mildly bullish. MACD supports short-term upside, but volume and price below 200 DMA limit strength.
💹 Entry Zone: 3,200–3,230 ₹ (support levels).
💹 Exit Zone: 3,350–3,400 ₹ (resistance levels).
📌 Trend Status: Consolidating with mild bullish bias.
Positive
- Strong EPS of 213 ₹ supports valuation strength.
- Low debt-to-equity ratio (0.01) shows financial stability.
- Quarterly PAT growth (403 Cr. vs 321 Cr.) highlights earnings momentum.
- MACD positive crossover supports short-term bullishness.
Limitation
- Price below 200 DMA indicates medium-term weakness.
- Volume below average, limiting breakout confirmation.
- ROE (12.8%) and ROCE (13.7%) are moderate compared to peers.
- DII holdings reduced (-0.54%), showing weaker domestic support.
Company Negative News
- Decline in DII holdings (-0.54%).
- Moderate profitability ratios limit valuation appeal.
Company Positive News
- FII holdings increased (+0.46%), showing foreign investor confidence.
- Quarterly PAT growth (+38.7%) highlights operational strength.
- Dividend yield of 0.86% provides shareholder returns.
Industry
- Automobile and farm equipment sector remains cyclical but supported by rural demand.
- Industry PE at 27.8 is aligned with ESCORTS’s P/E (27.4), suggesting fair valuation.
Conclusion
⚖️ ESCORTS is consolidating with mild bullish bias, supported by MACD and earnings growth. Entry near 3,200–3,230 ₹ offers a favorable setup, with exits around 3,350–3,400 ₹. Long-term investors may hold given strong EPS and low debt, while short-term traders should monitor volume and price action near resistance levels for breakout confirmation.