⚠ 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.
FINPIPE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | FINPIPE | Market Cap | 10,920 Cr. | Current Price | 176 ₹ | High / Low | 238 ₹ |
| Stock P/E | 22.9 | Book Value | 93.3 ₹ | Dividend Yield | 1.11 % | ROCE | 8.77 % |
| ROE | 6.76 % | Face Value | 2.00 ₹ | DMA 50 | 176 ₹ | DMA 200 | 194 ₹ |
| Chg in FII Hold | -0.06 % | Chg in DII Hold | 0.08 % | PAT Qtr | 110 Cr. | PAT Prev Qtr | 119 Cr. |
| RSI | 51.2 | MACD | -0.05 | Volume | 4,48,477 | Avg Vol 1Wk | 3,26,051 |
| Low price | 144 ₹ | High price | 238 ₹ | PEG Ratio | -1.15 | Debt to equity | 0.00 |
| 52w Index | 34.0 % | Qtr Profit Var | 55.0 % | EPS | 7.68 ₹ | Industry PE | 21.8 |
📈 Technical Analysis
- Chart Patterns: Stock corrected from 238 ₹ highs and is consolidating near 176 ₹, showing stability around support levels.
- Moving Averages: Current price (176 ₹) is equal to 50 DMA (176 ₹) but below 200 DMA (194 ₹), indicating short-term stability but long-term weakness.
- RSI: At 51.2, the stock is neutral, neither oversold nor overbought.
- MACD: Slightly negative (-0.05), suggesting weak momentum and sideways movement.
- Bollinger Bands: Price is near the mid-band, indicating consolidation without strong breakout signals.
- Volume Trends: Current volume (4,48,477) is higher than 1-week average (3,26,051), showing increased participation.
📊 Momentum & Signals
- Short-Term Momentum: Neutral, with potential for sideways consolidation.
- Support Zones: 170 ₹ (near-term), 160 ₹ (major support).
- Resistance Zones: 185 ₹ (trendline resistance), 194 ₹ (200 DMA), 200 ₹ (psychological resistance).
- Entry Zone: 170–176 ₹ if RSI remains stable.
- Exit Zone: 185–194 ₹ on rebound; strict stop-loss below 170 ₹.
- Trend Status: Stock is consolidating after correction, awaiting breakout direction.
✅ Positive
- Quarterly PAT at 110 Cr. remains strong despite slight decline from previous quarter.
- EPS at 7.68 ₹ supports earnings visibility.
- Dividend yield at 1.11 % provides income support.
- Debt-to-equity ratio at 0.00 indicates excellent financial stability.
- Quarterly profit variance (+55.0 %) highlights strong year-on-year growth.
⚠️ Limitation
- Stock trading below 200 DMA indicates weak long-term technical strength.
- ROCE (8.77 %) and ROE (6.76 %) are relatively low, showing limited capital efficiency.
- PEG ratio (-1.15) suggests valuation concerns relative to growth.
- Current price far below 52-week high (238 ₹), showing significant correction.
📉 Company Negative News
- FII holdings decreased (-0.06 %), showing reduced foreign investor confidence.
- Quarterly PAT declined slightly (110 Cr. vs 119 Cr.), showing short-term earnings pressure.
📈 Company Positive News
- DII holdings increased (+0.08 %), showing domestic institutional support.
- Quarterly profit variance (+55.0 %) highlights strong operational improvement year-on-year.
- Stable balance sheet with zero debt enhances financial resilience.
🏭 Industry
- Industry PE at 21.8 is slightly lower than company PE (22.9), suggesting FINPIPE trades at a mild premium.
- Pipes and infrastructure sector outlook remains positive with demand growth from construction and industrial projects.
🔎 Conclusion
- FINPIPE is in a consolidation phase after correction, with neutral RSI and weak MACD.
- Short-term traders may consider entry near 170–176 ₹ with exit around 185–194 ₹.
- Long-term investors may hold due to strong fundamentals, zero debt, and sector growth potential, but should be cautious of weak ROCE/ROE and valuation concerns.