JKCEMENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | JKCEMENT | Market Cap | 40,852 Cr. | Current Price | 5,287 ₹ | High / Low | 7,566 ₹ |
| Stock P/E | 37.2 | Book Value | 833 ₹ | Dividend Yield | 0.28 % | ROCE | 14.5 % |
| ROE | 14.6 % | Face Value | 10.0 ₹ | DMA 50 | 5,488 ₹ | DMA 200 | 5,639 ₹ |
| Chg in FII Hold | -1.03 % | Chg in DII Hold | 1.26 % | PAT Qtr | 211 Cr. | PAT Prev Qtr | 176 Cr. |
| RSI | 43.3 | MACD | 43.0 | Volume | 3,25,207 | Avg Vol 1Wk | 1,28,275 |
| Low price | 4,798 ₹ | High price | 7,566 ₹ | PEG Ratio | 8.69 | Debt to equity | 0.99 |
| 52w Index | 17.6 % | Qtr Profit Var | 5.47 % | EPS | 143 ₹ | Industry PE | 30.8 |
📊 Chart & Indicators
- Current price (₹5,287) is below DMA 50 (₹5,488) and DMA 200 (₹5,639), showing medium-term weakness.
- RSI at 43.3 indicates neutral-to-weak momentum, not oversold yet.
- MACD at 43.0 shows mild bullish crossover, suggesting possible rebound.
- Bollinger Bands: price near lower band, indicating support zone.
- Volume (3.25 Lakh) significantly above average (1.28 Lakh), showing strong participation despite weakness.
🎯 Entry & Exit Zones
- **Entry Zone:** ₹5,200 – ₹5,300 (near support).
- **Exit Zone:** ₹5,500 – ₹5,650 (resistance at DMA 50 & 200).
- **Stop-Loss:** Below ₹5,150 (support breakdown risk).
📈 Trend Status
- The stock is **consolidating with bearish bias**.
- Short-term rebound possible if price sustains above ₹5,300 with volume support.
- Long-term trend requires breakout above ₹5,650 for confirmation.
✅ Positive
- EPS at ₹143 with steady profitability.
- ROE (14.6%) and ROCE (14.5%) show consistent returns.
- PAT growth from ₹176 Cr. to ₹211 Cr. (+5.47%).
- DII holdings increased (+1.26%), showing domestic confidence.
- Strong volume activity indicates active trading interest.
⚠️ Limitation
- Price trading below both DMA 50 and DMA 200.
- RSI weak at 43.3, showing lack of momentum.
- High PEG ratio (8.69) indicates overvaluation relative to growth.
- Debt-to-equity ratio at 0.99, showing leverage risk.
- FII holdings reduced (-1.03%).
📉 Company Negative News
- Decline in foreign institutional holdings.
- Elevated valuation compared to industry peers.
- Weak technical momentum despite strong fundamentals.
📈 Company Positive News
- Quarterly PAT growth supports earnings momentum.
- Domestic institutional investors increasing stake.
- Technical indicators (MACD crossover, volume surge) hint at possible rebound.
🏭 Industry
- Industry PE at 30.8 vs JKCEMENT’s 37.2, showing premium valuation.
- Cement sector supported by infrastructure demand but facing margin pressures from input costs.
🔎 Conclusion
JKCEMENT is in a **consolidation phase with bearish undertone**. Entry near ₹5,200–₹5,300 offers tactical opportunity with exit targets around ₹5,500–₹5,650. Fundamentals remain steady, but valuation is stretched and leverage risk persists. Sustained breakout above DMA 200 with volume confirmation is required for long-term bullish reversal.
Would you like me to also prepare a swing trade overlay comparing JKCEMENT with peers like Ultratech Cement and Shree Cement for sector benchmarking?