JPPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | JPPOWER | Market Cap | 10,191 Cr. | Current Price | 14.9 ₹ | High / Low | 27.7 ₹ |
| Stock P/E | 13.8 | Book Value | 18.6 ₹ | Dividend Yield | 0.00 % | ROCE | 10.2 % |
| ROE | 6.83 % | Face Value | 10.0 ₹ | DMA 50 | 16.9 ₹ | DMA 200 | 17.6 ₹ |
| Chg in FII Hold | 0.17 % | Chg in DII Hold | -0.16 % | PAT Qtr | 182 Cr. | PAT Prev Qtr | 278 Cr. |
| RSI | 35.3 | MACD | -0.72 | Volume | 3,13,98,587 | Avg Vol 1Wk | 5,21,15,280 |
| Low price | 12.4 ₹ | High price | 27.7 ₹ | PEG Ratio | 0.14 | Debt to equity | 0.28 |
| 52w Index | 16.5 % | Qtr Profit Var | -0.04 % | EPS | 1.08 ₹ | Industry PE | 25.6 |
📉 Chart & Trend Analysis: JPPOWER is trading at ₹14.9, below both its 50 DMA (₹16.9) and 200 DMA (₹17.6), signaling weak technical strength. RSI at 35.3 suggests the stock is nearing oversold territory. MACD at -0.72 confirms bearish undertone. Bollinger Bands show price near the lower band, indicating sustained selling pressure. Current volume (3.14 Cr) is below the 1-week average (5.21 Cr), reflecting reduced participation.
🔑 Momentum Signals: Short-term momentum is bearish with immediate support at ₹14.5 and major support at ₹12.4 (recent low). Resistance lies at ₹16.9–₹17.6 (DMA zone). Optimal entry zone: ₹14.5–₹15.0 for risk-managed traders. Exit zone: ₹16.9–₹17.6 if recovery occurs. Trend status: Reversing downward.
Positive ✅
- Low debt-to-equity (0.28) ensures manageable leverage.
- EPS of ₹1.08 provides a profitability base.
- FII holding increased (+0.17%), showing marginal foreign investor confidence.
- PEG ratio of 0.14 indicates attractive valuation relative to growth.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA, confirming weak technical strength.
- ROCE (10.2%) and ROE (6.83%) are modest, showing limited efficiency.
- Volume trend weaker than average, showing lack of strong buying support.
- No dividend yield, limiting income appeal for investors.
Company Negative News 📉
- DII holding decreased (-0.16%), reflecting reduced domestic institutional confidence.
- Quarterly PAT dropped to ₹182 Cr from ₹278 Cr, showing earnings pressure.
- Stock has fallen sharply from 52-week high of ₹27.7 to ₹14.9, eroding sentiment.
Company Positive News 📊
- Strong operational turnaround with PEG ratio signaling growth potential.
- FII inflows (+0.17%) highlight foreign confidence despite weak domestic sentiment.
Industry 🌐
- Industry PE at 25.6 is higher than JPPOWER’s PE of 13.8, suggesting the stock may be undervalued relative to peers.
- Power sector outlook remains positive with demand growth driven by infrastructure and renewable energy initiatives.
Conclusion 📝
JPPOWER is currently in a bearish reversal phase, trading below key moving averages with weak momentum indicators. While fundamentals show low debt and attractive PEG ratio, declining profits and weak technicals remain concerns. Risk-tolerant traders may consider entries near ₹14.5–₹15.0 with exits around ₹16.9–₹17.6, while long-term investors should wait for confirmation of trend reversal above the 200 DMA.
Would you like me to also prepare a peer benchmarking overlay comparing JPPOWER with peers like NTPC, Tata Power, and Adani Power to highlight relative strength and valuation?