GRAPHITE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | GRAPHITE | Market Cap | 13,815 Cr. | Current Price | 707 ₹ | High / Low | 760 ₹ |
| Stock P/E | 32.9 | Book Value | 287 ₹ | Dividend Yield | 1.56 % | ROCE | 10.3 % |
| ROE | 8.26 % | Face Value | 2.00 ₹ | DMA 50 | 666 ₹ | DMA 200 | 607 ₹ |
| Chg in FII Hold | 0.27 % | Chg in DII Hold | 0.47 % | PAT Qtr | 121 Cr. | PAT Prev Qtr | 92.0 Cr. |
| RSI | 56.1 | MACD | 25.2 | Volume | 21,52,904 | Avg Vol 1Wk | 15,02,088 |
| Low price | 421 ₹ | High price | 760 ₹ | PEG Ratio | -4.28 | Debt to equity | 0.03 |
| 52w Index | 84.4 % | Qtr Profit Var | 3,920 % | EPS | 20.4 ₹ | Industry PE | 37.3 |
📈 Chart & Trend: GRAPHITE is trading above both its 50 DMA (666 ₹) and 200 DMA (607 ₹), confirming bullish alignment. RSI at 56.1 indicates healthy momentum without being overbought. MACD at 25.2 remains strongly positive, supporting upward bias. Bollinger Bands show price near the upper band, suggesting resistance but continued strength.
🔎 Momentum Signals: Current volume (21.5 lakh) is higher than the 1-week average (15.0 lakh), reflecting strong participation. Momentum remains positive, with potential for further upside toward recent highs.
🎯 Entry Zone: 680–690 ₹ (support near 50 DMA)
🚪 Exit Zone: 740–755 ₹ (resistance near 52-week high)
📊 Trend Status: Trending upward with strong momentum.
Positive
- Price trading above both DMAs confirms bullish strength.
- Quarterly PAT improved to 121 Cr. from 92 Cr., showing earnings growth.
- FII (+0.27%) and DII (+0.47%) inflows highlight institutional confidence.
- Dividend yield at 1.56% provides steady income support.
Limitation
- ROCE (10.3%) and ROE (8.26%) remain modest compared to peers.
- PEG ratio (-4.28) indicates weak growth prospects relative to valuation.
- High P/E (32.9) compared to industry average (37.3) limits valuation upside.
- Sector cyclicality may impact earnings consistency.
Company Negative News
- No major negative news reported; efficiency metrics remain a concern.
Company Positive News
- Strong quarterly profit growth (+3,920% variation).
- EPS at 20.4 ₹ supports earnings visibility.
- Institutional inflows reinforce investor confidence.
Industry
- Industry P/E at 37.3 reflects premium valuations across metals and graphite sector.
- Sector supported by demand in steel and energy applications.
Conclusion
GRAPHITE is in a strong uptrend with solid technical momentum and improving fundamentals. Entry near 680–690 ₹ offers favorable risk-reward, while profit booking is advised near 740–755 ₹. Short-term outlook remains bullish, though efficiency metrics and cyclicality warrant cautious monitoring for long-term positions.
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