HYUNDAI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | HYUNDAI | Market Cap | 1,76,503 Cr. | Current Price | 2,175 ₹ | High / Low | 2,890 ₹ |
| Stock P/E | 31.4 | Book Value | 209 ₹ | Dividend Yield | 0.97 % | ROCE | 54.2 % |
| ROE | 42.2 % | Face Value | 10.0 ₹ | DMA 50 | 2,297 ₹ | DMA 200 | 2,218 ₹ |
| Chg in FII Hold | -0.91 % | Chg in DII Hold | 0.86 % | PAT Qtr | 1,570 Cr. | PAT Prev Qtr | 1,336 Cr. |
| RSI | 36.4 | MACD | -37.2 | Volume | 3,28,003 | Avg Vol 1Wk | 8,04,664 |
| Low price | 1,542 ₹ | High price | 2,890 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.05 |
| 52w Index | 47.0 % | Qtr Profit Var | 17.4 % | EPS | 69.1 ₹ | Industry PE | 30.8 |
📊 Chart & Trend Analysis: HYUNDAI is trading at ₹2,175, below its 50 DMA (₹2,297) but slightly above its 200 DMA (₹2,218), indicating short-term weakness with medium-term support. RSI at 36.4 suggests the stock is nearing oversold territory. MACD at -37.2 confirms bearish momentum. Current volume (3.28L) is significantly lower than the weekly average (8.04L), showing weak participation. Bollinger Bands indicate price near the lower band, reinforcing bearish consolidation.
📈 Momentum Signals: Short-term momentum is weak, with RSI oversold and MACD bearish crossover. Low volume participation further limits breakout potential.
🎯 Entry Zone: ₹2,150 – ₹2,170 (near immediate support)
🚪 Exit Zone: ₹2,280 – ₹2,300 (near resistance at 50 DMA)
🔎 Trend Status: Consolidating with bearish bias. Sustained trade below ₹2,150 could trigger reversal towards ₹2,050, while recovery above ₹2,300 may signal bullish trend resumption.
Positive
- Strong ROCE (54.2%) and ROE (42.2%) highlight excellent capital efficiency.
- Low debt-to-equity ratio (0.05) indicates negligible leverage risk.
- Quarterly PAT growth from ₹1,336 Cr. to ₹1,570 Cr. shows earnings momentum.
- EPS of ₹69.1 reflects consistent profitability.
- Increase in DII holding (+0.86%) signals domestic institutional support.
Limitation
- Stock trading below 50 DMA signals short-term weakness.
- High P/E ratio (31.4) compared to industry average (30.8) suggests slight overvaluation.
- PEG ratio of 1.30 indicates moderately expensive growth prospects.
- Dividend yield of 0.97% is modest.
- Weak trading volume reduces conviction in recovery moves.
Company Negative News
- Decline in FII holding (-0.91%) signals reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation of 17.4% shows strong earnings growth.
- Increase in DII holding reflects renewed domestic institutional interest.
Industry
- Automobile sector remains resilient with demand recovery in passenger and EV segments.
- Industry P/E at 30.8 highlights moderate sector valuation compared to HYUNDAI’s premium.
Conclusion
⚖️ HYUNDAI is consolidating with a bearish bias. Entry near ₹2,150–₹2,170 offers cautious accumulation, while exits near ₹2,280–₹2,300 provide short-term profit booking. Strong fundamentals, low leverage, and earnings growth support long-term holding, but weak technicals and declining foreign investor confidence warrant cautious positioning.
Would you like me to extend this into a peer benchmarking overlay (Maruti Suzuki, Tata Motors, Mahindra & Mahindra) so you can compare HYUNDAI’s relative strength within the automobile basket?