JSWENERGY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | JSWENERGY | Market Cap | 77,546 Cr. | Current Price | 441 ₹ | High / Low | 579 ₹ |
| Stock P/E | 86.2 | Book Value | 130 ₹ | Dividend Yield | 0.45 % | ROCE | 5.82 % |
| ROE | 6.24 % | Face Value | 10.0 ₹ | DMA 50 | 485 ₹ | DMA 200 | 513 ₹ |
| Chg in FII Hold | -2.62 % | Chg in DII Hold | 2.83 % | PAT Qtr | 82.7 Cr. | PAT Prev Qtr | 190 Cr. |
| RSI | 35.2 | MACD | -10.3 | Volume | 26,14,405 | Avg Vol 1Wk | 89,15,034 |
| Low price | 419 ₹ | High price | 579 ₹ | PEG Ratio | 3.15 | Debt to equity | 0.61 |
| 52w Index | 13.8 % | Qtr Profit Var | -61.9 % | EPS | 5.04 ₹ | Industry PE | 25.6 |
📉 Chart & Trend Analysis: JSWENERGY is trading at ₹441, below both its 50 DMA (₹485) and 200 DMA (₹513), signaling weak technical strength. RSI at 35.2 suggests the stock is nearing oversold territory. MACD at -10.3 confirms bearish momentum. Bollinger Bands show price near the lower band, indicating sustained selling pressure. Current volume (26.1L) is significantly below the 1-week average (89.1L), reflecting weak participation.
🔑 Momentum Signals: Short-term momentum is bearish with immediate support at ₹419 (recent low) and resistance at ₹485–₹490 (DMA50 zone). Optimal entry zone: ₹425–₹440 for risk-managed traders. Exit zone: ₹485–₹490 if recovery occurs. Trend status: Reversing downward.
Positive ✅
- DII holding increased (+2.83%), reflecting strong domestic institutional support.
- Dividend yield of 0.45% adds modest investor appeal.
- EPS of ₹5.04 provides a profitability base despite sector challenges.
Limitation ⚠️
- Stock trading below both 50 DMA and 200 DMA, confirming weak technical strength.
- High P/E (86.2) compared to industry PE (25.6) suggests significant overvaluation.
- ROCE (5.82%) and ROE (6.24%) are modest, showing limited efficiency.
- PEG ratio of 3.15 highlights stretched valuation relative to growth.
- Volume trend weaker than average, showing lack of strong buying support.
Company Negative News 📉
- FII holding decreased (-2.62%), showing reduced foreign investor confidence.
- Quarterly PAT dropped sharply to ₹82.7 Cr from ₹190 Cr, a decline of 61.9%.
- Stock has fallen from 52-week high of ₹579 to ₹441, eroding sentiment.
Company Positive News 📊
- DII inflows (+2.83%) highlight domestic confidence in the company.
- Strong sector positioning with renewable energy expansion opportunities.
Industry 🌐
- Industry PE at 25.6 is much lower than JSWENERGY’s PE of 86.2, suggesting sector peers may be more attractively valued.
- Power and renewable energy sector outlook remains positive with government incentives and demand growth.
Conclusion 📝
JSWENERGY is currently in a bearish reversal phase, trading below key moving averages with weak momentum indicators. While fundamentals show institutional support and dividend yield, high valuation and declining profits remain concerns. Risk-tolerant traders may consider entries near ₹425–₹440 with exits around ₹485–₹490, 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 JSWENERGY with peers like NTPC, Adani Green, and Tata Power to highlight relative strength and valuation?