HSCL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | HSCL | Market Cap | 22,881 Cr. | Current Price | 453 ₹ | High / Low | 534 ₹ |
| Stock P/E | 31.7 | Book Value | 79.2 ₹ | Dividend Yield | 0.13 % | ROCE | 22.6 % |
| ROE | 16.8 % | Face Value | 1.00 ₹ | DMA 50 | 460 ₹ | DMA 200 | 465 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | -0.12 % | PAT Qtr | 195 Cr. | PAT Prev Qtr | 187 Cr. |
| RSI | 48.0 | MACD | -5.43 | Volume | 18,01,819 | Avg Vol 1Wk | 18,66,720 |
| Low price | 351 ₹ | High price | 534 ₹ | PEG Ratio | 0.30 | Debt to equity | 0.20 |
| 52w Index | 55.6 % | Qtr Profit Var | 37.1 % | EPS | 14.5 ₹ | Industry PE | 35.6 |
📊 Chart & Trend Analysis: HSCL is trading at ₹453, slightly below its 50 DMA (₹460) and 200 DMA (₹465), reflecting short-term weakness. RSI at 48.0 indicates neutral momentum, while MACD at -5.43 confirms mild bearish crossover. Bollinger Bands show price near the mid-range, suggesting consolidation. Volume is close to average, indicating balanced participation.
📈 Momentum Signals: Short-term momentum is weak, with MACD negative and RSI neutral. Consolidation is likely before a breakout attempt. Price action suggests sideways movement with mild bearish bias.
💹 Entry & Exit Zones:
- Optimal Entry: ₹445–₹455 (near support zone)
- Stop-Loss: ₹435 (below recent support)
- Exit Zone: ₹465–₹475 (near 200 DMA resistance)
- Major Resistance: ₹500–₹534 (recent high)
📉 Trend Status: The stock is consolidating with mild bearish bias, capped by moving averages and weak momentum indicators.
Positive
- Strong ROCE (22.6%) and ROE (16.8%) highlight efficient capital use.
- PEG ratio of 0.30 indicates attractive valuation relative to growth.
- Debt-to-equity ratio of 0.20 reflects low leverage.
- Quarterly PAT improved to ₹195 Cr. from ₹187 Cr., showing earnings growth.
Limitation
- P/E of 31.7 is slightly below industry average (35.6), but still indicates premium valuation.
- Dividend yield of 0.13% is modest compared to peers.
- Price trading below both 50 DMA and 200 DMA shows weak technical strength.
Company Negative News
- DII holdings decreased (-0.12%), showing reduced domestic institutional support.
- Stock corrected from its 52-week high of ₹534, reflecting selling pressure.
Company Positive News
- FII holdings increased slightly (+0.01%), showing stable foreign investor interest.
- Quarterly profit variation of 37.1% highlights strong operational improvement.
Industry
- Chemicals industry benefits from rising demand in specialty chemicals and exports.
- Industry PE at 35.6 highlights relatively expensive peers compared to HSCL’s P/E of 31.7.
Conclusion
⚖️ HSCL is technically consolidating with mild bearish bias, trading below key moving averages. Traders may consider entry near ₹445–₹455 with strict stop-loss at ₹435, targeting ₹465–₹475 in the short term. Long-term investors may find value given strong fundamentals, low debt, and attractive PEG ratio, but should monitor momentum indicators for confirmation of reversal.
Would you like me to extend this into a peer benchmarking overlay (e.g., Deepak Nitrite, Aarti Industries, Atul Ltd) so you can evaluate sector rotation opportunities alongside HSCL?