HUDCO - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 4.0

📈 HUDCO is trending upward with bullish technical signals and strong support from moving averages.

📊 Technical Analysis

• Trend Status: Trending — price is above both 50-DMA and 200-DMA, confirming bullish momentum.
• Moving Averages: Price ₹237 is above 50-DMA (₹226) and 200-DMA (₹222), indicating sustained uptrend.
• RSI (60.0): Bullish zone, suggesting continued upward momentum with room to rise.
• MACD (2.56): Positive crossover, reinforcing bullish sentiment.
• Bollinger Bands: Price near upper band, indicating strength but potential short-term resistance.
• Volume: Current volume (63.5L) slightly below weekly average (68.7L), showing steady interest.

🎯 Entry & Exit Zones

• Support Levels: ₹226 (50-DMA), ₹222 (200-DMA)
• Resistance Levels: ₹245, ₹255, ₹264 (52-week high)
• Optimal Entry: ₹226–₹230 (on pullback)
• Exit Target: ₹255–₹264 (resistance zone)

✅ Positive

• Strong ROE (15.7%) and consistent quarterly profit growth (13%).
• Low P/E (17.2) compared to industry average (23.6), indicating undervaluation.
• PEG ratio of 1.05 suggests fair valuation relative to growth.
• DII holdings increased by 0.66%, showing domestic institutional confidence.

⚠️ Limitation

• High debt-to-equity ratio (5.97) may raise concerns about leverage.
• Volume slightly below average, indicating cautious participation.
• Dividend yield (1.71%) is modest for income-focused investors.

📉 Company Negative News

• Quarterly PAT declined from ₹728 Cr to ₹630 Cr, indicating margin pressure.
• FII holdings dropped by 0.02%, reflecting minor foreign investor caution.

📈 Company Positive News

• Stock has risen 74.6% from its 52-week low, showing strong recovery.
• Consistent profitability and improving domestic investor sentiment.

🏭 Industry

• Housing finance sector remains resilient with government support and infrastructure push.
• Industry P/E (23.6) is higher than HUDCO’s, suggesting relative undervaluation.

🧾 Conclusion

• HUDCO is trending upward with bullish technical indicators and solid fundamentals.
• Entry near ₹226–₹230 could offer a good setup with targets around ₹255–₹264.
• Investors should monitor debt levels and earnings consistency for sustained upside.