GVT&D - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | GVT&D | Market Cap | 1,14,357 Cr. | Current Price | 4,466 ₹ | High / Low | 4,694 ₹ |
| Stock P/E | 102 | Book Value | 81.5 ₹ | Dividend Yield | 0.11 % | ROCE | 54.7 % |
| ROE | 40.4 % | Face Value | 2.00 ₹ | DMA 50 | 3,905 ₹ | DMA 200 | 3,187 ₹ |
| Chg in FII Hold | 1.93 % | Chg in DII Hold | -1.88 % | PAT Qtr | 340 Cr. | PAT Prev Qtr | 299 Cr. |
| RSI | 67.2 | MACD | 211 | Volume | 6,85,013 | Avg Vol 1Wk | 6,07,806 |
| Low price | 1,473 ₹ | High price | 4,694 ₹ | PEG Ratio | 1.26 | Debt to equity | 0.01 |
| 52w Index | 92.9 % | Qtr Profit Var | 139 % | EPS | 41.7 ₹ | Industry PE | 37.9 |
📈 Chart Patterns: Price is trading well above both 50 DMA (3,905 ₹) and 200 DMA (3,187 ₹), confirming strong bullish momentum. Trendlines suggest resistance near 4,650–4,700 ₹ and support around 4,400–4,420 ₹.
📊 Moving Averages: Current price (4,466 ₹) comfortably above both DMAs, reinforcing bullish bias.
📉 RSI: At 67.2, RSI is approaching overbought territory, suggesting caution for fresh entries.
📊 MACD: Strongly positive at 211, confirming bullish crossover and momentum continuation.
📉 Bollinger Bands: Price near upper band, reflecting strong momentum but also risk of short-term profit booking.
📊 Volume Trends: Current volume (6.85L) above 1-week average (6.07L), showing strong participation and accumulation.
🎯 Momentum Signals: Bullish. MACD, RSI, and moving averages confirm strength, supported by higher-than-average volume.
💹 Entry Zone: 4,400–4,420 ₹ (support levels).
💹 Exit Zone: 4,650–4,700 ₹ (resistance levels).
📌 Trend Status: Trending upward with strong bullish bias.
Positive
- Strong ROCE (54.7%) and ROE (40.4%) highlight excellent profitability.
- EPS of 41.7 ₹ supports earnings visibility.
- Debt-to-equity ratio at 0.01 shows near debt-free status.
- Quarterly PAT growth (340 Cr. vs 299 Cr.) highlights operational strength.
- FII holdings increased (+1.93%), showing foreign investor confidence.
Limitation
- RSI near 70 indicates overbought conditions.
- Stock P/E (102) far above industry PE (37.9), suggesting stretched valuation.
- DII holdings reduced (-1.88%), showing weaker domestic support.
- Dividend yield at 0.11% is modest.
Company Negative News
- Decline in DII holdings (-1.88%).
- High valuation premium raises caution for long-term investors.
Company Positive News
- Quarterly PAT growth (+139%) highlights strong earnings momentum.
- FII support indicates foreign investor optimism.
- Strong fundamentals with high ROE and ROCE.
Industry
- Industry PE at 37.9 is far lower than GVT&D’s P/E (102), suggesting overvaluation.
- Power and transmission sector supported by infrastructure expansion and government initiatives.
Conclusion
⚖️ GVT&D is trending upward with strong bullish bias, supported by MACD, RSI, and volume strength. Entry near 4,400–4,420 ₹ offers a favorable setup, with exits around 4,650–4,700 ₹. While fundamentals remain strong, stretched valuations and overbought RSI warrant caution. Best suited for swing trades with disciplined stop-loss management.