GVT&D - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | GVT&D | Market Cap | 97,715 Cr. | Current Price | 3,815 ₹ | High / Low | 3,999 ₹ |
| Stock P/E | 87.4 | Book Value | 81.5 ₹ | Dividend Yield | 0.13 % | ROCE | 54.7 % |
| ROE | 40.4 % | Face Value | 2.00 ₹ | DMA 50 | 3,486 ₹ | DMA 200 | 2,920 ₹ |
| Chg in FII Hold | 2.31 % | Chg in DII Hold | -1.93 % | PAT Qtr | 340 Cr. | PAT Prev Qtr | 299 Cr. |
| RSI | 57.3 | MACD | 70.8 | Volume | 4,57,834 | Avg Vol 1Wk | 5,47,364 |
| Low price | 1,253 ₹ | High price | 3,999 ₹ | PEG Ratio | 1.08 | Debt to equity | 0.01 |
| 52w Index | 93.3 % | Qtr Profit Var | 139 % | EPS | 41.7 ₹ | Industry PE | 33.0 |
📉 Chart & Trend: GVT&D is trading at ₹3,815, above both its 50 DMA (₹3,486) and 200 DMA (₹2,920). This indicates strong short-term and long-term momentum. The stock is in an uptrend with bullish bias.
📊 Momentum Indicators:
- RSI at 57.3 shows healthy momentum, not yet overbought.
- MACD at 70.8 confirms bullish crossover and strong buying interest.
- Bollinger Bands: Price is near the upper band, suggesting strength but caution for short-term pullback.
- Volume is slightly below average (4,57,834 vs 5,47,364), showing reduced participation despite bullish signals.
📈 Support & Resistance:
- Immediate support: ₹3,700–3,750 zone.
- Strong support: ₹3,486 (50 DMA).
- Resistance zones: ₹3,900–3,999 (recent high).
- Optimal entry: ₹3,700–3,800 near support.
- Exit zone: ₹3,950–4,000 if momentum sustains.
🔎 Trend Status: The stock is trending upward, supported by moving averages and MACD strength.
Positive
- EPS of ₹41.7 shows strong earnings base.
- ROCE (54.7%) and ROE (40.4%) highlight excellent capital efficiency.
- Debt-to-equity ratio of 0.01 indicates robust financial health.
- FII holding increased by +2.31%, reflecting strong foreign investor confidence.
- PAT improved to ₹340 Cr from ₹299 Cr, showing growth momentum.
Limitation
- Extremely high P/E of 87.4 compared to industry PE of 33.0 suggests overvaluation.
- Volume trend is declining, limiting breakout potential.
- DII holding decreased by -1.93%, showing reduced domestic institutional support.
Company Negative News
- DII holding decreased by -1.93%, reflecting domestic institutional caution.
- High valuation multiples may limit near-term upside.
Company Positive News
- FII holding increased by +2.31%, reflecting strong foreign investor confidence.
- Quarterly profit variation (+139%) highlights strong operational improvement.
Industry
- Power transmission and distribution sector benefits from infrastructure expansion and government investments.
- Industry PE at 33.0 is much lower than GVT&D’s PE (87.4), highlighting valuation premium.
Conclusion
📌 GVT&D is technically strong, trending upward above key moving averages with bullish momentum. Entry is favorable around ₹3,700–3,800 with stop-loss below ₹3,650. Short-term upside targets lie at ₹3,950–4,000, with potential extension if volume improves. Fundamentally robust with high ROCE/ROE and low debt, but stretched valuations warrant cautious positioning.
Would you like me to extend this into a peer benchmarking overlay against other power transmission and infrastructure leaders like Power Grid, KEC International, and Kalpataru Power to highlight relative strength and sector rotation opportunities?