JKCEMENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | JKCEMENT | Market Cap | 40,981 Cr. | Current Price | 5,300 ₹ | High / Low | 7,566 ₹ |
| Stock P/E | 38.5 | Book Value | 901 ₹ | Dividend Yield | 0.28 % | ROCE | 15.6 % |
| ROE | 16.4 % | Face Value | 10.0 ₹ | DMA 50 | 5,462 ₹ | DMA 200 | 5,606 ₹ |
| Chg in FII Hold | -1.03 % | Chg in DII Hold | 1.26 % | PAT Qtr | 345 Cr. | PAT Prev Qtr | 211 Cr. |
| RSI | 43.8 | MACD | -23.3 | Volume | 37,570 | Avg Vol 1Wk | 88,317 |
| Low price | 4,801 ₹ | High price | 7,566 ₹ | PEG Ratio | 1.39 | Debt to equity | 0.87 |
| 52w Index | 18.1 % | Qtr Profit Var | -9.11 % | EPS | 134 ₹ | Industry PE | 29.0 |
📊 Chart & Trend Analysis:
JKCEMENT is trading below both its 50 DMA (₹5,462) and 200 DMA (₹5,606), reflecting medium-term weakness. RSI at 43.8 indicates mild bearish momentum. MACD at -23.3 confirms negative crossover. Bollinger Bands show price near the lower band, with support around ₹4,801.
📈 Momentum Signals:
- Short-term momentum is weak, with volume (37K) well below weekly average (88K).
- Support zone: ₹5,250 – ₹5,300.
- Resistance zone: ₹5,460 – ₹5,600.
- Break above ₹5,600 could trigger reversal; failure to hold ₹5,250 may extend downside.
🔎 Trend Status:
Currently consolidating with bearish undertones. A reversal requires stronger volume and breakout above 200 DMA.
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Positive
✔ EPS at ₹134 supports valuation strength.
✔ ROE (16.4%) and ROCE (15.6%) show steady returns.
✔ PAT growth (₹211 Cr → ₹345 Cr) indicates earnings momentum.
✔ Domestic institutional inflows (+1.26%) show local investor confidence.
Limitation
⚠ Price trading below both 50 DMA and 200 DMA.
⚠ RSI and MACD confirm weak momentum.
⚠ Debt-to-equity ratio at 0.87 adds leverage risk.
⚠ Volume participation remains weak compared to average.
Company Negative News
📉 Decline in foreign institutional holdings (-1.03%).
📉 Sequential profit variation (-9.11%).
📉 Elevated valuation with P/E at 38.5 vs industry PE 29.0.
Company Positive News
📢 Strong quarterly PAT growth.
📢 Domestic institutional support.
📢 Cement sector demand supported by infrastructure projects.
Industry
🌐 Industry PE at 29.0 vs JKCEMENT’s 38.5 — premium valuation.
🌐 Cement sector facing margin pressures but supported by demand outlook.
Conclusion
JKCEMENT is consolidating with bearish bias. Entry near ₹5,250–₹5,300 offers cautious positioning, with exit targets around ₹5,460–₹5,600. Fundamentals remain steady, but valuation is stretched and volume weak. Traders should wait for breakout confirmation above 200 DMA, while long-term investors may accumulate gradually.
Would you like me to extend this into a swing trade roadmap with layered targets, or refine it into a sector benchmarking overlay comparing JKCEMENT against peers like Ultratech and Shree Cement?