FIRSTCRY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | FIRSTCRY | Market Cap | 11,161 Cr. | Current Price | 214 ₹ | High / Low | 439 ₹ |
| Stock P/E | 176 | Book Value | 118 ₹ | Dividend Yield | 0.00 % | ROCE | 2.33 % |
| ROE | 1.17 % | Face Value | 2.00 ₹ | DMA 50 | 246 ₹ | DMA 200 | 322 ₹ |
| Chg in FII Hold | -1.21 % | Chg in DII Hold | 0.93 % | PAT Qtr | 15.3 Cr. | PAT Prev Qtr | 28.9 Cr. |
| RSI | 37.6 | MACD | -9.65 | Volume | 14,12,207 | Avg Vol 1Wk | 25,13,524 |
| Low price | 207 ₹ | High price | 439 ₹ | PEG Ratio | 3.72 | Debt to equity | 0.08 |
| 52w Index | 2.87 % | Qtr Profit Var | -59.2 % | EPS | 1.77 ₹ | Industry PE | 39.7 |
📊 Chart & Trend Analysis: FIRSTCRY is trading at ₹214, well below its 50 DMA (₹246) and 200 DMA (₹322), indicating strong short-term weakness. RSI at 37.6 suggests oversold conditions, while MACD at -9.65 confirms bearish bias. Bollinger Bands show price near the lower band, signaling pressure but potential for a technical rebound.
📈 Momentum Signals: Volume (14.1L) is lower than 1-week average (25.1L), reflecting reduced participation. RSI and MACD together highlight bearish momentum, though oversold levels may trigger a short-term bounce.
💹 Entry Zone: Strong support lies around ₹207–₹215. Accumulation near this zone offers risk-managed entry.
💰 Exit Zone: Resistance levels are ₹246 (50 DMA) and ₹322 (200 DMA). A breakout above ₹322 would confirm reversal and open upside toward ₹360–₹400.
🔎 Trend Status: The stock is consolidating with bearish bias. Sustained move above ₹246–₹322 backed by volume is required to regain bullish momentum.
Positive
- Strong ROCE (2.33%) and ROE (1.17%) show improving efficiency, though still modest.
- EPS at ₹1.77 provides earnings visibility.
- DII holding increased (+0.93%), reflecting domestic institutional support.
- Low debt-to-equity ratio (0.08) ensures financial stability.
Limitation
- Stock trading well below both 50 DMA and 200 DMA indicates weak technicals.
- Extremely high P/E (176) compared to industry average (39.7), making valuation expensive.
- PEG ratio (3.72) suggests poor growth-to-valuation balance.
Company Negative News
- FII holding decreased (-1.21%), showing reduced foreign investor confidence.
- Quarterly PAT declined (₹15.3 Cr vs ₹28.9 Cr), reflecting margin pressure.
- Quarterly profit variation (-59.2%) highlights earnings volatility.
Company Positive News
- DII holding increased (+0.93%), showing strong domestic confidence.
- EPS remains positive despite profit decline, supporting valuation comfort.
Industry
- E-commerce and retail sector benefits from rising digital adoption and consumer demand.
- Industry P/E at 39.7 indicates FIRSTCRY trades at a steep premium (P/E 176).
Conclusion
⚖️ FIRSTCRY is fundamentally promising with strong brand presence and low debt, but technically weak and overvalued relative to peers. Entry near ₹207–₹215 offers favorable risk-reward, while breakout above ₹322 is needed for bullish confirmation. Long-term investors should accumulate cautiously, while traders should wait for volume-backed reversal signals.
Would you like me to extend this into a peer benchmarking overlay with Nykaa, Zomato, and Delhivery so you can compare FIRSTCRY’s momentum against the broader e-commerce and retail sector rotation?