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HUDCO - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.6

Last Updated Time : 19 Mar 26, 08:56 pm

Technical Rating: 3.6

Stock Code HUDCO Market Cap 35,752 Cr. Current Price 179 ₹ High / Low 254 ₹
Stock P/E 12.8 Book Value 90.1 ₹ Dividend Yield 2.32 % ROCE 9.62 %
ROE 15.7 % Face Value 10.0 ₹ DMA 50 193 ₹ DMA 200 212 ₹
Chg in FII Hold 0.03 % Chg in DII Hold 0.54 % PAT Qtr 713 Cr. PAT Prev Qtr 710 Cr.
RSI 42.4 MACD -6.24 Volume 35,11,090 Avg Vol 1Wk 32,82,176
Low price 167 ₹ High price 254 ₹ PEG Ratio 0.78 Debt to equity 7.03
52w Index 13.0 % Qtr Profit Var -3.00 % EPS 13.9 ₹ Industry PE 18.0

📊 Chart & Trend Analysis: HUDCO is trading at ₹179, below both its 50 DMA (₹193) and 200 DMA (₹212), reflecting short-term weakness. RSI at 42.4 indicates neutral-to-weak momentum, while MACD at -6.24 confirms bearish crossover. Bollinger Bands show price leaning toward the lower band, suggesting selling pressure. Volume is slightly above average, showing active participation in the downtrend.

📈 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 bearish bias.

💹 Entry & Exit Zones:

- Optimal Entry: ₹175–₹180 (near support zone)

- Stop-Loss: ₹167 (recent low)

- Exit Zone: ₹190–₹195 (near 50 DMA resistance)

- Major Resistance: ₹210–₹212 (200 DMA)

📉 Trend Status: The stock is consolidating with bearish bias, capped by moving averages and weak momentum indicators.


Positive

  • EPS of ₹13.9 reflects consistent profitability.
  • Dividend yield of 2.32% provides steady income for investors.
  • PEG ratio of 0.78 indicates attractive valuation relative to growth.
  • DII holdings increased (+0.54%), showing domestic institutional support.

Limitation

  • Debt-to-equity ratio of 7.03 indicates very high leverage.
  • ROCE (9.62%) and ROE (15.7%) are modest compared to peers.
  • Price trading below both 50 DMA and 200 DMA shows weak technical strength.

Company Negative News

  • Quarterly PAT declined slightly to ₹713 Cr. from ₹710 Cr., showing stagnation.
  • Quarterly profit variation of -3.00% highlights earnings pressure.

Company Positive News

  • FII holdings increased (+0.03%), showing foreign investor confidence.
  • DII holdings increased (+0.54%), reflecting domestic institutional support.

Industry

  • Housing finance and infrastructure lending industry benefits from government initiatives and urban development projects.
  • Industry PE at 18.0 highlights relatively cheaper peers compared to HUDCO’s P/E of 12.8, suggesting undervaluation.

Conclusion

⚖️ HUDCO is technically consolidating with bearish bias, trading below key moving averages. Traders may consider entry near ₹175–₹180 with strict stop-loss at ₹167, targeting ₹190–₹195 in the short term. Long-term investors may find value given low P/E and attractive PEG ratio, but should be cautious of high leverage and modest efficiency metrics.

Would you like me to extend this into a peer benchmarking overlay (e.g., LIC Housing Finance, Can Fin Homes, PNB Housing) so you can evaluate sector rotation opportunities alongside HUDCO?

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