HSCL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | HSCL | Market Cap | 22,498 Cr. | Current Price | 446 ₹ | High / Low | 534 ₹ |
| Stock P/E | 31.2 | Book Value | 79.2 ₹ | Dividend Yield | 0.13 % | ROCE | 22.6 % |
| ROE | 16.8 % | Face Value | 1.00 ₹ | DMA 50 | 465 ₹ | DMA 200 | 467 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | -0.12 % | PAT Qtr | 195 Cr. | PAT Prev Qtr | 187 Cr. |
| RSI | 38.9 | MACD | -5.62 | Volume | 8,70,880 | Avg Vol 1Wk | 8,71,338 |
| Low price | 351 ₹ | High price | 534 ₹ | PEG Ratio | 0.30 | Debt to equity | 0.20 |
| 52w Index | 51.4 % | Qtr Profit Var | 37.1 % | EPS | 14.5 ₹ | Industry PE | 30.7 |
📊 Chart & Trend Analysis: HSCL is trading at ₹446, below both its 50 DMA (₹465) and 200 DMA (₹467), indicating short-term weakness. RSI at 38.9 suggests the stock is approaching oversold territory. MACD at -5.62 confirms bearish momentum. Current volume (8.70L) is nearly equal to the weekly average (8.71L), showing stable participation. Bollinger Bands indicate price drifting towards the lower band, reinforcing consolidation with bearish bias.
📈 Momentum Signals: Short-term momentum is weak, with RSI near oversold and MACD bearish crossover. Stable volume suggests consolidation rather than panic selling.
🎯 Entry Zone: ₹440 – ₹445 (near immediate support)
🚪 Exit Zone: ₹465 – ₹475 (near resistance at 50 DMA)
🔎 Trend Status: Consolidating with bearish bias. Sustained trade below ₹440 could trigger reversal towards ₹420, while recovery above ₹470 may signal bullish trend resumption.
Positive
- Strong ROCE (22.6%) and ROE (16.8%) highlight efficient capital use.
- PEG ratio of 0.30 indicates attractive valuation relative to growth.
- Quarterly PAT growth from ₹187 Cr. to ₹195 Cr. shows earnings momentum.
- EPS of ₹14.5 reflects consistent profitability.
Limitation
- Stock trading below both 50 DMA and 200 DMA signals weakness.
- High P/E ratio (31.2) compared to industry average (30.7) suggests slight overvaluation.
- Dividend yield of 0.13% is relatively low.
Company Negative News
- Decline in DII holding (-0.12%) signals reduced domestic institutional support.
Company Positive News
- Increase in FII holding (+0.01%) reflects marginal foreign investor confidence.
- Quarterly profit variation of 37.1% shows strong earnings growth.
Industry
- Chemicals sector remains resilient with demand across industrial applications.
- Industry P/E at 30.7 highlights moderate sector valuation compared to HSCL’s premium.
Conclusion
⚖️ HSCL is consolidating with a bearish bias. Entry near ₹440–₹445 offers cautious accumulation, while exits near ₹465–₹475 provide short-term profit booking. Strong fundamentals and attractive PEG ratio support long-term holding, but current technical weakness and low dividend yield warrant patience for better entry opportunities.
Would you like me to extend this into a peer benchmarking overlay (Tata Chemicals, Deepak Nitrite, Aarti Industries) so you can compare HSCL’s relative strength within the chemicals basket?