INOXINDIA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📈 INOXINDIA is trending upward with stable momentum and strong long-term technical support, though short-term signals suggest consolidation.

📊 Technical Analysis

• Trend Status: Trending — price is above both 50-DMA and 200-DMA, indicating a sustained uptrend.
• Moving Averages: Current price ₹1,198 is above 50-DMA (₹1,189) and 200-DMA (₹1,150), confirming bullish alignment.
• RSI (47.7): Neutral zone, suggesting consolidation with potential for upward breakout.
• MACD (4.59): Positive crossover, indicating early bullish momentum.
• Bollinger Bands: Price near mid-band, consistent with a consolidation phase and low volatility.
• Volume: Current volume (96.5K) is above weekly average (76.2K), indicating growing interest.

🎯 Entry & Exit Zones

• Support Levels: ₹1,180, ₹1,150 (200-DMA)
• Resistance Levels: ₹1,220, ₹1,260, ₹1,289 (52-week high)
• Optimal Entry: ₹1,180–₹1,190 (on pullback)
• Exit Target: ₹1,260–₹1,289 (resistance zone)

✅ Positive

• Strong ROCE (37.0%) and ROE (27.9%) reflect excellent capital efficiency.
• Low debt-to-equity ratio (0.05) indicates robust financial health.
• EPS of ₹25.6 and consistent profitability support long-term valuation.
• FII and DII holdings increased slightly, showing institutional confidence.

⚠️ Limitation

• RSI near 50 suggests lack of strong momentum in either direction.
• PEG ratio of 2.39 indicates premium valuation relative to growth.
• Dividend yield is low (0.17%), offering limited passive income.

📉 Company Negative News

• Quarterly PAT declined from ₹65.1 Cr to ₹60.4 Cr, indicating slight margin pressure.

📈 Company Positive News

• Quarterly profit variation of 13.5% shows steady earnings performance.
• Stock has gained 77.6% from its 52-week low, confirming strong recovery.

🏭 Industry

• Industrial manufacturing and cryogenic equipment sectors are gaining traction with infrastructure and energy demand.
• Industry P/E (30.8) is lower than INOXINDIA’s (47.9), suggesting premium valuation.

🧾 Conclusion

• INOXINDIA is trending upward with strong fundamentals and technical support.
• Entry near ₹1,180–₹1,190 could offer a favorable setup with targets around ₹1,260–₹1,289.
• Investors should monitor RSI and volume for confirmation of breakout strength.