JBMA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | JBMA | Market Cap | 15,177 Cr. | Current Price | 641 ₹ | High / Low | 790 ₹ |
| Stock P/E | 98.4 | Book Value | 51.4 ₹ | Dividend Yield | 0.13 % | ROCE | 15.2 % |
| ROE | 13.3 % | Face Value | 1.00 ₹ | DMA 50 | 615 ₹ | DMA 200 | 619 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 0.01 % | PAT Qtr | 31.4 Cr. | PAT Prev Qtr | 45.6 Cr. |
| RSI | 54.1 | MACD | 8.00 | Volume | 3,10,210 | Avg Vol 1Wk | 3,51,587 |
| Low price | 477 ₹ | High price | 790 ₹ | PEG Ratio | 11.9 | Debt to equity | 1.56 |
| 52w Index | 52.5 % | Qtr Profit Var | -20.2 % | EPS | 6.26 ₹ | Industry PE | 28.1 |
📊 Chart & Trend Analysis:
JBMA is trading above both its 50 DMA (₹615) and 200 DMA (₹619), showing short-term strength. RSI at 54.1 indicates neutral-to-positive momentum. MACD at 8.0 confirms mild bullish crossover. Bollinger Bands suggest price is mid-range, with support around ₹615–₹620.
📈 Momentum Signals:
- Short-term momentum is positive but moderate, with volume (3.1L) below weekly average (3.5L).
- Support zone: ₹615 – ₹630.
- Resistance zone: ₹670 – ₹690.
- Sustained move above ₹690 could trigger rally toward ₹720+, while failure to hold ₹615 may lead to consolidation.
🔎 Trend Status:
Currently consolidating with mild bullish undertones. A breakout above ₹690 is needed to confirm stronger uptrend.
---
Positive
✔ Price trading above both DMA 50 and DMA 200.
✔ Institutional holdings increased slightly (FII +0.05%, DII +0.01%).
✔ ROCE (15.2%) and ROE (13.3%) show steady returns.
✔ 52-week performance at +52.5% indicates strong momentum.
Limitation
⚠ Very high P/E ratio (98.4) vs industry PE (28.1).
⚠ PEG ratio at 11.9 suggests poor valuation relative to growth.
⚠ Debt-to-equity ratio at 1.56 highlights leverage risk.
⚠ Volume participation remains weak compared to average.
Company Negative News
📉 Sequential PAT decline (₹45.6 Cr → ₹31.4 Cr).
📉 Elevated valuation concerns with high P/E and PEG.
📉 High leverage increases financial risk.
Company Positive News
📢 Technical breakout above DMA levels.
📢 Institutional confidence maintained with slight increases in holdings.
📢 Sector demand recovery supports auto ancillary growth.
Industry
🌐 Industry PE at 28.1 vs JBMA’s 98.4 — premium valuation.
🌐 Auto ancillary sector supported by demand recovery but facing margin pressures.
Conclusion
JBMA is consolidating with mild bullish signals. Entry near ₹615–₹630 offers favorable risk-reward, with exit targets around ₹670–₹690. Fundamentals remain steady, but stretched valuations and high leverage warrant cautious accumulation with strict stop-loss discipline.
Would you like me to expand this into a swing trade roadmap with layered targets, or refine it into a peer benchmarking overlay comparing JBMA against Motherson Sumi and Bosch?