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HYUNDAI - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.8

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

Technical Rating: 3.8

Stock Code HYUNDAI Market Cap 1,61,777 Cr. Current Price 1,990 ₹ High / Low 2,890 ₹
Stock P/E 28.5 Book Value 209 ₹ Dividend Yield 1.06 % ROCE 54.2 %
ROE 42.2 % Face Value 10.0 ₹ DMA 50 2,166 ₹ DMA 200 2,195 ₹
Chg in FII Hold -0.91 % Chg in DII Hold 0.86 % PAT Qtr 1,195 Cr. PAT Prev Qtr 1,570 Cr.
RSI 36.2 MACD -61.4 Volume 4,28,988 Avg Vol 1Wk 6,94,792
Low price 1,542 ₹ High price 2,890 ₹ PEG Ratio 1.17 Debt to equity 0.05
52w Index 33.3 % Qtr Profit Var 6.30 % EPS 70.0 ₹ Industry PE 29.0

📊 Chart & Trend Analysis: HYUNDAI is trading at ₹1,990, below both its 50 DMA (₹2,166) and 200 DMA (₹2,195), reflecting short-term weakness. RSI at 36.2 indicates oversold conditions, while MACD at -61.4 confirms bearish momentum. Bollinger Bands show price near the lower band, suggesting selling pressure. Volume is below average, showing reduced participation in the downtrend.

📈 Momentum Signals: Short-term momentum is weak, with RSI oversold and MACD negative. A rebound may occur if support holds, but trend remains bearish. Consolidation is possible before reversal attempts.

💹 Entry & Exit Zones:

- Optimal Entry: ₹1,950–₹2,000 (near support, oversold RSI)

- Stop-Loss: ₹1,540 (recent low)

- Exit Zone: ₹2,150–₹2,200 (near 50 & 200 DMA resistance)

- Major Resistance: ₹2,660–₹2,890 (recent high)

📉 Trend Status: The stock is consolidating with bearish bias, supported by oversold RSI but capped by strong moving average resistances.


Positive

  • Strong ROCE (54.2%) and ROE (42.2%) highlight excellent capital efficiency.
  • Debt-to-equity ratio of 0.05 reflects near debt-free status.
  • EPS of ₹70.0 reflects solid profitability.
  • DII holdings increased (+0.86%), showing domestic institutional support.

Limitation

  • High P/E of 28.5 compared to industry average (29.0), suggesting premium valuation.
  • PEG ratio of 1.17 indicates moderately expensive growth prospects.
  • Dividend yield of 1.06% is modest.
  • Price trading below both 50 DMA and 200 DMA shows weak technical strength.

Company Negative News

  • FII holdings decreased (-0.91%), showing reduced foreign investor confidence.
  • Quarterly PAT declined to ₹1,195 Cr. from ₹1,570 Cr., reflecting earnings pressure.
  • Stock corrected sharply from its 52-week high of ₹2,890, reflecting selling pressure.

Company Positive News

  • DII holdings increased (+0.86%), showing domestic institutional support.
  • Quarterly profit variation of 6.30% highlights operational improvement year-on-year.

Industry

  • Automobile industry benefits from rising demand in passenger and electric vehicles.
  • Industry PE at 29.0 highlights relatively fair valuations compared to HYUNDAI’s P/E of 28.5.

Conclusion

⚖️ HYUNDAI is technically consolidating with bearish bias, trading below key moving averages. Traders may consider entry near ₹1,950–₹2,000 with strict stop-loss at ₹1,540, targeting ₹2,150–₹2,200 in the short term. Long-term investors may find value given strong fundamentals and excellent efficiency metrics, but should be cautious of recent earnings decline and weak momentum.

Would you like me to extend this into a peer benchmarking overlay (e.g., Maruti Suzuki, Tata Motors, Mahindra & Mahindra) so you can evaluate sector rotation opportunities alongside HYUNDAI?

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