ICICIPRULI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ICICIPRULI | Market Cap | 93,054 Cr. | Current Price | 643 ₹ | High / Low | 707 ₹ |
| Stock P/E | 67.5 | Book Value | 93.0 ₹ | Dividend Yield | 0.13 % | ROCE | 8.86 % |
| ROE | 7.42 % | Face Value | 10.0 ₹ | DMA 50 | 646 ₹ | DMA 200 | 630 ₹ |
| Chg in FII Hold | -1.67 % | Chg in DII Hold | 1.76 % | PAT Qtr | 390 Cr. | PAT Prev Qtr | 299 Cr. |
| RSI | 45.7 | MACD | -4.28 | Volume | 3,20,189 | Avg Vol 1Wk | 10,64,020 |
| Low price | 517 ₹ | High price | 707 ₹ | PEG Ratio | 4.04 | Debt to equity | 0.19 |
| 52w Index | 66.6 % | Qtr Profit Var | 19.8 % | EPS | 9.53 ₹ | Industry PE | 80.8 |
📊 Chart & Trend Analysis: ICICIPRULI is trading at ₹643, slightly below its 50 DMA (₹646) but above its 200 DMA (₹630), indicating short-term weakness with medium-term support. RSI at 45.7 suggests neutral momentum. MACD at -4.28 reflects mild bearish sentiment. Current volume (3.2L) is significantly lower than the weekly average (10.6L), showing weak participation. Bollinger Bands indicate price near mid-range, reinforcing consolidation.
📈 Momentum Signals: Short-term momentum is weak, with MACD negative and RSI neutral. Low volume participation limits breakout potential, suggesting sideways consolidation.
🎯 Entry Zone: ₹630 – ₹640 (near immediate support)
🚪 Exit Zone: ₹670 – ₹690 (near resistance at recent highs)
🔎 Trend Status: Consolidating with bearish bias. Sustained trade below ₹630 could trigger reversal towards ₹600, while recovery above ₹670 may signal bullish trend resumption.
Positive
- EPS of ₹9.53 reflects profitability despite valuation pressures.
- PEG ratio of 4.04 indicates moderate growth valuation.
- Quarterly PAT growth from ₹299 Cr. to ₹390 Cr. shows earnings momentum.
- Increase in DII holding (+1.76%) signals domestic institutional support.
- Debt-to-equity ratio of 0.19 reflects low leverage risk.
Limitation
- Stock trading below 50 DMA signals short-term weakness.
- High P/E ratio (67.5) compared to industry average (80.8) suggests premium valuation.
- ROCE (8.86%) and ROE (7.42%) are modest compared to peers.
- Dividend yield of 0.13% is negligible.
- Weak trading volume reduces conviction in recovery moves.
Company Negative News
- Decline in FII holding (-1.67%) signals reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation of 19.8% shows strong earnings growth.
- Increase in DII holding reflects renewed domestic institutional interest.
Industry
- Insurance sector remains resilient with rising demand for life and protection products.
- Industry P/E at 80.8 highlights premium valuations across the sector compared to ICICIPRULI’s discount.
Conclusion
⚖️ ICICIPRULI is consolidating with a bearish bias. Entry near ₹630–₹640 offers cautious accumulation, while exits near ₹670–₹690 provide short-term profit booking. Strong fundamentals and earnings growth support long-term holding, but weak technicals, modest efficiency metrics, and declining foreign investor confidence warrant cautious positioning.
Would you like me to extend this into a peer benchmarking overlay (HDFC Life, SBI Life, ICICI Lombard) so you can compare ICICIPRULI’s relative strength within the insurance basket?