JSWCEMENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | JSWCEMENT | Market Cap | 17,793 Cr. | Current Price | 131 ₹ | High / Low | 162 ₹ |
| Stock P/E | 23.3 | Book Value | 52.1 ₹ | Dividend Yield | 0.00 % | ROCE | 11.8 % |
| ROE | 15.3 % | Face Value | 10.0 ₹ | DMA 50 | 124 ₹ | DMA 200 | 128 ₹ |
| Chg in FII Hold | -0.10 % | Chg in DII Hold | 0.65 % | PAT Qtr | 393 Cr. | PAT Prev Qtr | 171 Cr. |
| RSI | 57.8 | MACD | 2.17 | Volume | 59,43,617 | Avg Vol 1Wk | 4,12,79,955 |
| Low price | 107 ₹ | High price | 162 ₹ | PEG Ratio | 0.52 | Debt to equity | 0.51 |
| 52w Index | 43.4 % | Qtr Profit Var | 465 % | EPS | -5.12 ₹ | Industry PE | 29.0 |
📊 Chart & Trend Analysis:
JSWCEMENT is trading above its 50 DMA (₹124) and 200 DMA (₹128), showing short-term strength but struggling to sustain momentum. RSI at 57.8 indicates mild bullish bias. MACD at 2.17 confirms positive crossover, though strength is limited. Bollinger Bands place price near the mid-to-upper range, with support around ₹124–₹128.
📈 Momentum Signals:
- Short-term momentum is mildly positive, but volume (59.4L) is significantly below weekly average (4.12Cr), showing weak participation.
- Support zone: ₹124 – ₹128.
- Resistance zone: ₹138 – ₹145.
- Break above ₹145 could trigger rally toward ₹155–₹162, while failure to hold ₹124 may lead to consolidation.
🔎 Trend Status:
Currently consolidating with mild bullish undertones. Sustained buying above ₹138–₹145 is required for reversal into a stronger uptrend.
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Positive
✔ PAT surged (₹171 Cr → ₹393 Cr), showing strong earnings momentum.
✔ Domestic institutional inflows (+0.65%) provide support.
✔ PEG ratio at 0.52 indicates undervaluation relative to growth.
✔ ROE (15.3%) reflects improving profitability.
Limitation
⚠ EPS remains negative (-₹5.12), highlighting weak profitability.
⚠ Price still below long-term resistance levels.
⚠ Debt-to-equity ratio at 0.51 adds leverage risk.
⚠ Weak trading volume compared to average, limiting conviction.
Company Negative News
📉 Decline in foreign institutional holdings (-0.10%).
📉 Negative EPS despite PAT growth.
📉 Overvaluation risk relative to industry peers.
Company Positive News
📢 Strong quarterly PAT growth (+465%).
📢 Domestic institutional support.
📢 Technical signals (RSI, MACD) showing mild bullish bias.
Industry
🌐 Industry PE at 29.0 vs JSWCEMENT’s 23.3 — undervaluation relative to peers.
🌐 Cement sector supported by infrastructure demand but facing margin pressures from input costs.
Conclusion
JSWCEMENT is consolidating near support levels with mild bullish signals from RSI and MACD. Entry near ₹124–₹128 is favorable for cautious traders, with exit targets around ₹138–₹145. Fundamentals remain mixed with negative EPS and modest returns, though PAT growth and DII inflows provide support. Sustained breakout above ₹145 with stronger volume is needed for trend reversal.
Would you like me to extend this into a swing trade overlay with layered targets, or refine it into a peer benchmarking analysis comparing JSWCEMENT against Ultratech Cement and Shree Cement?