IFCI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | IFCI | Market Cap | 18,418 Cr. | Current Price | 68.4 ₹ | High / Low | 74.5 ₹ |
| Stock P/E | 356 | Book Value | 6.63 ₹ | Dividend Yield | 0.00 % | ROCE | 8.48 % |
| ROE | 2.94 % | Face Value | 10.0 ₹ | DMA 50 | 60.0 ₹ | DMA 200 | 56.8 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.02 % | PAT Qtr | 21.4 Cr. | PAT Prev Qtr | 6.85 Cr. |
| RSI | 68.2 | MACD | 1.46 | Volume | 9,59,98,916 | Avg Vol 1Wk | 3,17,86,805 |
| Low price | 46.2 ₹ | High price | 74.5 ₹ | PEG Ratio | 12.0 | Debt to equity | 2.01 |
| 52w Index | 78.4 % | Qtr Profit Var | -92.2 % | EPS | 0.19 ₹ | Industry PE | 19.0 |
📉 IFCI is trading above both its 50 DMA (₹60.0) and 200 DMA (₹56.8), showing short-term strength. RSI at 68.2 indicates overbought conditions, while MACD remains positive (1.46), confirming bullish crossover. Bollinger Bands show price near the upper band, suggesting stretched momentum. Current volume (9.59 Cr.) is significantly higher than average (3.17 Cr.), reflecting strong participation and speculative interest.
🔑 Short-term momentum signals: Bullish, but sustainability is questionable given weak fundamentals and extreme valuation.
🎯 Entry Zone: ₹62–₹66 (support region)
🚪 Exit Zone: ₹72–₹75 (resistance region)
📊 Trend Status: Trending upward with overbought bias
Positive
- Trading above both 50 DMA and 200 DMA
- Strong volume participation above average
- PAT improved to ₹21.4 Cr. from ₹6.85 Cr.
- FII (+0.07%) and DII (+0.02%) holdings increased
- 52-week return of 78.4% shows strong momentum
Limitation
- Extremely high P/E (356 vs industry 19.0)
- Weak ROE (2.94%) and ROCE (8.48%)
- Low EPS (₹0.19)
- High PEG ratio (12.0) indicates poor growth valuation
- No dividend yield
- Debt-to-equity ratio at 2.01 raises leverage concerns
Company Negative News
- Quarterly profit variation (-92.2%) highlights volatility
- Weak earnings undermine investor confidence
- Valuation stretched compared to peers
Company Positive News
- Quarterly PAT recovery from ₹6.85 Cr. to ₹21.4 Cr.
- Marginal increase in institutional holdings
- Technical support from DMA levels
Industry
- Industry PE at 19.0 highlights sector trades at lower multiples
- Financial services sector outlook remains cautious with high leverage and valuation pressures
Conclusion
⚖️ IFCI shows short-term bullish signals with RSI above 65 and positive MACD. Entry is favorable near ₹62–₹66 with stop-loss at ₹60. Exit or profit-taking zone lies around ₹72–₹75. Long-term investors should be cautious due to weak fundamentals, extremely high valuation, and profit volatility, while short-term traders may exploit momentum above DMA levels.
Would you like me to prepare a multi-stock overlay comparing IFCI’s valuation and momentum against peers like PFC, REC, and IDFC Ltd. for benchmarking consistency across your swing-trade reports?