JSWCEMENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | JSWCEMENT | Market Cap | 15,481 Cr. | Current Price | 113 ₹ | High / Low | 162 ₹ |
| Stock P/E | 80.2 | Book Value | 48.3 ₹ | Dividend Yield | 0.00 % | ROCE | 7.16 % |
| ROE | 3.38 % | Face Value | 10.0 ₹ | DMA 50 | 120 ₹ | DMA 200 | 133 ₹ |
| Chg in FII Hold | -1.10 % | Chg in DII Hold | 0.22 % | PAT Qtr | 95.9 Cr. | PAT Prev Qtr | 58.9 Cr. |
| RSI | 40.7 | MACD | -1.58 | Volume | 8,99,110 | Avg Vol 1Wk | 28,12,101 |
| Low price | 107 ₹ | High price | 162 ₹ | PEG Ratio | -2.37 | Debt to equity | 0.56 |
| 52w Index | 12.2 % | Qtr Profit Var | 3,016 % | EPS | 1.00 ₹ | Industry PE | 30.0 |
📉 Chart & Trend Analysis: JSWCEMENT is trading at ₹113, below both its 50 DMA (₹120) and 200 DMA (₹133), signaling weak technical strength. RSI at 40.7 suggests the stock is approaching oversold territory. MACD at -1.58 confirms bearish undertone. Bollinger Bands show price near the lower band, indicating sustained selling pressure. Current volume (8.9L) is significantly below the 1-week average (28.1L), reflecting weak participation.
🔑 Momentum Signals: Short-term momentum is bearish with immediate support at ₹107 (recent low) and resistance at ₹120–₹125 (DMA50 zone). Optimal entry zone: ₹108–₹113 for risk-managed traders. Exit zone: ₹120–₹125 if recovery occurs. Trend status: Reversing downward.
Positive ✅
- Quarterly PAT improved to ₹95.9 Cr from ₹58.9 Cr, showing earnings momentum.
- DII holding increased (+0.22%), reflecting domestic institutional support.
- EPS of ₹1.00 reflects profitability base despite sector challenges.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA, confirming weak technical strength.
- High P/E (80.2) compared to industry PE (30.0) suggests significant overvaluation.
- PEG ratio (-2.37) highlights poor growth-adjusted valuation.
- ROCE (7.16%) and ROE (3.38%) are modest, showing limited efficiency.
- Volume trend weaker than average, showing lack of strong buying support.
Company Negative News 📉
- FII holding decreased (-1.10%), showing reduced foreign investor confidence.
- Stock has fallen from 52-week high of ₹162 to ₹113, eroding sentiment.
Company Positive News 📊
- Quarterly profit variation of 3,016% indicates strong operational turnaround.
- Low debt-to-equity ratio (0.56) ensures manageable leverage compared to peers.
Industry 🌐
- Industry PE at 30.0 is much lower than JSWCEMENT’s PE of 80.2, suggesting sector peers may be more attractively valued.
- Cement sector outlook remains positive with infrastructure demand driving growth.
Conclusion 📝
JSWCEMENT is currently in a bearish reversal phase, trading below key moving averages with weak momentum indicators. While fundamentals show profit recovery and modest institutional support, high valuation and weak ROE/ROCE remain concerns. Risk-tolerant traders may consider entries near ₹108–₹113 with exits around ₹120–₹125, 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 JSWCEMENT with cement peers like Ultratech, Shree Cement, and Ramco Cement to highlight relative strength and valuation?