GVT&D - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | GVT&D | Market Cap | 1,30,640 Cr. | Current Price | 5,100 ₹ | High / Low | 5,184 ₹ |
| Stock P/E | 102 | Book Value | 105 ₹ | Dividend Yield | 0.10 % | ROCE | 76.4 % |
| ROE | 57.3 % | Face Value | 2.00 ₹ | DMA 50 | 4,271 ₹ | DMA 200 | 3,419 ₹ |
| Chg in FII Hold | 1.93 % | Chg in DII Hold | -1.88 % | PAT Qtr | 347 Cr. | PAT Prev Qtr | 340 Cr. |
| RSI | 72.3 | MACD | 184 | Volume | 13,61,774 | Avg Vol 1Wk | 9,04,400 |
| Low price | 2,187 ₹ | High price | 5,184 ₹ | PEG Ratio | 0.21 | Debt to equity | 0.01 |
| 52w Index | 97.2 % | Qtr Profit Var | 86.3 % | EPS | 48.2 ₹ | Industry PE | 36.6 |
Chart & Trend Analysis:
GVT&D is trading at ₹5,100, well above its 50 DMA (₹4,271) and 200 DMA (₹3,419), confirming strong bullish momentum. RSI at 72.3 indicates overbought conditions, while MACD at 184 shows strong positive crossover. Bollinger Bands are widening, reflecting volatility expansion. Current volume (13.6L) is higher than the weekly average (9.0L), showing strong participation and accumulation.
Momentum Signals:
- RSI above 70 signals overbought territory, caution for short-term traders.
- MACD strongly positive, confirming bullish strength.
- Resistance zones: ₹5,150–5,200 (near-term high).
- Support zones: ₹4,950 immediate, deeper support at ₹4,270 (50 DMA).
- Trend status: Strong uptrend, but short-term consolidation likely due to overbought RSI.
Entry Zone: ₹4,950–5,000 (ideal accumulation zone)
Exit Zone: ₹5,150–5,200 (profit booking zone)
Stop-Loss: Below ₹4,270
Positive
- Price trading well above both 50 DMA and 200 DMA confirms strong bullish technicals.
- ROCE (76.4%) and ROE (57.3%) highlight exceptional capital efficiency.
- EPS at ₹48.2 supports earnings visibility.
- FII holdings increased (+1.93%), showing foreign investor confidence.
Limitation
- RSI at 72.3 signals overbought conditions, risk of short-term correction.
- Extremely high P/E (102) compared to industry average (36.6), indicating stretched valuation.
- DII holdings declined (-1.88%), showing weaker domestic support.
Company Negative News
- Sequential PAT growth is modest (₹347 Cr vs ₹340 Cr), limiting upside momentum.
- High valuation multiples may deter long-term investors.
Company Positive News
- Quarterly profit variation (+86.3%) highlights strong year-on-year growth.
- FII inflows reflect continued foreign investor optimism.
Industry
- Industry PE at 36.6 is far lower than GVT&D’s P/E, suggesting premium valuation.
- Power and transmission sector supported by infrastructure expansion and energy demand.
Conclusion
GVT&D is in a strong uptrend, trading above key moving averages with bullish RSI and MACD signals. Entry near ₹4,950–5,000 offers a favorable setup, with exits around ₹5,150–5,200. Fundamentals remain strong with exceptional ROE and ROCE, but stretched valuations and overbought RSI suggest caution for short-term traders. Long-term investors can hold with confidence given sector tailwinds and earnings growth.
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