GVT&D - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.4

📈 Technical Analysis

• 📈 Chart Pattern: GVT&D is in a strong uptrend, forming higher highs and higher lows with price action near its 52-week high.
• 📈 Moving Averages: Price is well above both 50-DMA (2,891 ₹) and 200-DMA (2,358 ₹), confirming bullish momentum.
• 📈 RSI (55.6): In bullish territory, suggesting continued upward momentum without being overbought.
• 📈 MACD (18.8): Strong positive crossover, reinforcing bullish trend strength.
• 📉 Bollinger Bands: Price near upper band, indicating breakout potential but also increased volatility.
• 📉 Volume Trend: Current volume (3.38L) is slightly below 1-week average (4.01L), suggesting mild divergence in participation.

📍 Entry & Exit Zones

• ✅ Entry Zone: 3,000 ₹ – 3,050 ₹ (near minor support and psychological level)
• 🚪 Exit Zone: 3,300 ₹ – 3,308 ₹ (recent high and resistance zone)

📊 Trend Status

• 📈 Current Trend: Trending upward
• 📈 Bias: Bullish with strong momentum and technical confirmation

✅ Positive

• Exceptional ROCE (54.7%) and ROE (40.4%) reflect superior capital efficiency.
• Quarterly PAT jumped from 186 Cr. to 291 Cr. — a 116% increase.
• FII holding increased by 1.66%, indicating strong foreign investor confidence.

⚠️ Limitation

• High P/E (106) compared to industry PE (51.6) suggests overvaluation.
• Volume slightly below average — momentum may need stronger participation.
• Dividend yield is low (0.16%), limiting income appeal.

📉 Company Negative News

• DII holding dropped by 1.55%, indicating reduced domestic institutional interest.

📈 Company Positive News

• Strong earnings growth and technical breakout have attracted foreign institutional interest.

🏭 Industry

• Power transmission and infrastructure sector is benefiting from government capex and electrification push.
• GVT&D trades at a premium to industry PE, reflecting high growth expectations and investor optimism.

🧾 Conclusion

• GVT&D is in a strong uptrend with bullish technical indicators and robust fundamentals.
• Short-term traders may consider entries near 3,000 ₹ and exits near 3,308 ₹.
• Long-term investors should monitor valuation and volume trends for sustained momentum.