JBMA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | JBMA | Market Cap | 14,903 Cr. | Current Price | 630 ₹ | High / Low | 790 ₹ |
| Stock P/E | 92.0 | Book Value | 51.4 ₹ | Dividend Yield | 0.13 % | ROCE | 14.3 % |
| ROE | 12.1 % | Face Value | 1.00 ₹ | DMA 50 | 589 ₹ | DMA 200 | 615 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 0.01 % | PAT Qtr | 45.6 Cr. | PAT Prev Qtr | 45.1 Cr. |
| RSI | 59.3 | MACD | 19.9 | Volume | 5,59,656 | Avg Vol 1Wk | 10,91,214 |
| Low price | 477 ₹ | High price | 790 ₹ | PEG Ratio | -17.6 | Debt to equity | 1.56 |
| 52w Index | 48.9 % | Qtr Profit Var | 50.1 % | EPS | 6.60 ₹ | Industry PE | 27.3 |
📊 Chart & Indicators
- Current price (₹630) is above DMA 50 (₹589) and DMA 200 (₹615), showing bullish momentum.
- RSI at 59.3 indicates healthy strength, not yet overbought.
- MACD at 19.9 confirms strong positive momentum.
- Bollinger Bands: price moving toward upper band, suggesting continuation of uptrend.
- Volume (5.6 Lakh) below average (10.9 Lakh), showing reduced participation.
🎯 Entry & Exit Zones
- **Entry Zone:** ₹615 – ₹630 (near DMA support).
- **Exit Zone:** ₹670 – ₹690 (resistance zone).
- **Stop-Loss:** Below ₹605 (DMA 200 breakdown risk).
📈 Trend Status
- The stock is **trending upward short-term** with bullish signals.
- Sustaining above ₹630 could lead to further upside toward ₹670+.
- Consolidation possible if volume remains weak.
✅ Positive
- Price trading above both DMA 50 and DMA 200.
- Strong quarterly profit variance (+50.1%).
- EPS at ₹6.60 with consistent PAT growth.
- Institutional holdings slightly increased (FII +0.05%, DII +0.01%).
- ROCE (14.3%) and ROE (12.1%) show steady returns.
⚠️ Limitation
- Very high P/E (92.0) compared to industry average (27.3).
- PEG ratio (-17.6) indicates poor earnings growth outlook.
- Debt-to-equity ratio at 1.56, showing leverage risk.
- Dividend yield modest at 0.13%.
- Volume below average, limiting momentum strength.
📉 Company Negative News
- Elevated valuation concerns with high P/E and negative PEG ratio.
- High leverage increases financial risk.
- Weak trading volume despite bullish technicals.
📈 Company Positive News
- Stable PAT growth (₹45.1 Cr. → ₹45.6 Cr.).
- Institutional confidence maintained with slight increases in holdings.
- Strong technical breakout above DMA 200.
🏭 Industry
- Industry PE at 27.3 vs JBMA’s 92.0, showing significant premium valuation.
- Auto ancillary sector supported by demand recovery but facing margin pressures.
🔎 Conclusion
JBMA is in a **short-term bullish trend** with price above both DMA 50 and DMA 200, supported by positive MACD and RSI. Entry near ₹615–₹630 offers favorable risk-reward with exit targets around ₹670–₹690. However, stretched valuations and high leverage warrant cautious accumulation with strict stop-loss discipline.
Would you like me to also prepare a long-term investment overlay for JBMA, highlighting valuation risks and sector benchmarking against peers like Motherson Sumi and Bosch?