HUDCO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | HUDCO | Market Cap | 41,297 Cr. | Current Price | 206 ₹ | High / Low | 254 ₹ |
| Stock P/E | 10.2 | Book Value | 110 ₹ | Dividend Yield | 2.21 % | ROCE | 8.41 % |
| ROE | 20.2 % | Face Value | 10.0 ₹ | DMA 50 | 203 ₹ | DMA 200 | 207 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | -0.43 % | PAT Qtr | 1,981 Cr. | PAT Prev Qtr | 713 Cr. |
| RSI | 48.6 | MACD | 1.21 | Volume | 14,50,524 | Avg Vol 1Wk | 17,61,803 |
| Low price | 159 ₹ | High price | 254 ₹ | PEG Ratio | 0.31 | Debt to equity | 6.45 |
| 52w Index | 49.9 % | Qtr Profit Var | 172 % | EPS | 20.2 ₹ | Industry PE | 19.0 |
📈 Chart Patterns: HUDCO is trading near its support zone (₹203–₹207). The broader structure shows weakness with repeated failures to cross resistance at ₹254, reflecting consolidation.
📊 Moving Averages: Current price (₹206) is hovering around DMA 50 (₹203) and DMA 200 (₹207), indicating indecision and sideways consolidation.
📉 RSI: At 48.6, RSI is neutral, suggesting balanced momentum without strong bullish signals.
📈 MACD: Slightly positive at 1.21, showing weak bullish crossover but lacking conviction.
📉 Bollinger Bands: Price is near the mid-band, reflecting sideways consolidation with limited momentum.
📊 Volume Trends: Current volume (14.5L) is below average weekly volume (17.6L), showing reduced participation and weak buying interest.
⚡ Short-Term Momentum Signals: Neutral-to-bullish momentum; rebound possible only if price sustains above ₹207 with volume support.
🎯 Entry Zone: ₹200–₹206 (support region).
🎯 Exit Zone: ₹245–₹254 (resistance zone).
🔀 Trend Status: Consolidating with weak bullish undertone; reversal possible only if price sustains above ₹207 and breaks ₹254.
Positive
- EPS at ₹20.2 supports earnings visibility.
- Quarterly PAT surged from ₹713 Cr. to ₹1,981 Cr. (+172%).
- FII holdings increased (+0.25%), showing foreign investor confidence.
- PEG ratio at 0.31 indicates undervaluation relative to growth.
Limitation
- Price trading sideways near DMA 200 signals indecision.
- Debt-to-equity ratio at 6.45 highlights high leverage risk.
- ROCE at 8.41% is modest, showing limited capital efficiency.
- Volume participation weaker than average, limiting breakout potential.
Company Negative News
- DII holdings decreased (-0.43%), showing reduced domestic support.
- High leverage remains a concern.
- Weak technical setup with RSI and MACD showing limited momentum.
Company Positive News
- Quarterly profit growth (+172%) boosts investor sentiment.
- EPS remains strong at ₹20.2.
- FII stake increased, supporting bullish outlook.
Industry
- Industry PE at 19.0 vs. HUDCO PE at 10.2 shows undervaluation.
- Housing and infrastructure finance sector supported by government-backed initiatives.
Conclusion
HUDCO is consolidating with weak bullish undertones. Short-term traders may consider entry around ₹200–₹206 with exit near ₹245–₹254. Long-term investors should monitor leverage risks and sector demand before fresh accumulation.
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