JPPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | JPPOWER | Market Cap | 13,515 Cr. | Current Price | 19.7 ₹ | High / Low | 27.7 ₹ |
| Stock P/E | 21.8 | Book Value | 18.6 ₹ | Dividend Yield | 0.00 % | ROCE | 10.2 % |
| ROE | 6.83 % | Face Value | 10.0 ₹ | DMA 50 | 17.0 ₹ | DMA 200 | 17.0 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.00 % | PAT Qtr | 4.89 Cr. | PAT Prev Qtr | 182 Cr. |
| RSI | 64.9 | MACD | 1.25 | Volume | 9,22,77,620 | Avg Vol 1Wk | 12,78,28,177 |
| Low price | 12.5 ₹ | High price | 27.7 ₹ | PEG Ratio | 0.23 | Debt to equity | 0.28 |
| 52w Index | 47.4 % | Qtr Profit Var | -96.1 % | EPS | 0.91 ₹ | Industry PE | 31.0 |
📊 Chart & Indicators
- Current price (₹19.7) is above DMA 50 (₹17.0) and DMA 200 (₹17.0), showing short-term bullish momentum.
- RSI at 64.9 indicates strong momentum, close to overbought territory.
- MACD at 1.25 shows mild bullish crossover.
- Bollinger Bands: price near upper band, suggesting strong momentum but risk of pullback.
- Volume (9.22 Cr.) below average (12.78 Cr.), showing reduced participation.
🎯 Entry & Exit Zones
- **Entry Zone:** ₹18.5 – ₹19.0 (near DMA support).
- **Exit Zone:** ₹20.5 – ₹21.0 (trendline resistance).
- **Stop-Loss:** Below ₹18.0 (support breakdown risk).
📈 Trend Status
- The stock is **trending upward short-term** with bullish bias.
- Risk of consolidation if momentum weakens due to low volume and poor fundamentals.
✅ Positive
- PEG ratio at 0.23 indicates undervaluation relative to growth.
- Low debt-to-equity ratio (0.28).
- Price trading above both 50 DMA and 200 DMA.
- FII holdings increased slightly (+0.07%).
- 52-week index gain of 47.4% highlights long-term performance strength.
⚠️ Limitation
- RSI close to overbought zone, risk of short-term correction.
- EPS at ₹0.91 is very low, limiting valuation strength.
- Dividend yield at 0.00%, no income support.
- Volume below average, showing weak conviction.
📉 Company Negative News
- Quarterly PAT collapsed (₹182 Cr. → ₹4.89 Cr.), showing severe earnings weakness.
- Profit variation -96.1% impacts investor sentiment.
📈 Company Positive News
- Marginal increase in FII holdings (+0.07%).
- Strong 52-week performance supported by price momentum.
🏭 Industry
- Industry PE at 31.0 vs JPPOWER’s 21.8, showing relative undervaluation.
- Power sector supported by demand growth but facing margin pressures from rising costs.
🔎 Conclusion
JPPOWER is trending upward with short-term bullish signals, supported by DMA crossover and RSI strength. However, collapsing profits and weak fundamentals limit sustainability. Entry near ₹18.5–₹19.0 is favorable with strict stop-loss, while exits should be considered near ₹20.5–₹21.0. Trend remains bullish short-term but likely to consolidate unless earnings improve.
Would you like me to extend this into a peer benchmarking overlay comparing JPPOWER with Adani Power, NTPC, and Tata Power to highlight relative strength and valuation?