KARURVYSYA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | KARURVYSYA | Market Cap | 27,646 Cr. | Current Price | 286 ₹ | High / Low | 306 ₹ |
| Stock P/E | 12.0 | Book Value | 132 ₹ | Dividend Yield | 0.76 % | ROCE | 7.38 % |
| ROE | 17.6 % | Face Value | 2.00 ₹ | DMA 50 | 263 ₹ | DMA 200 | 230 ₹ |
| Chg in FII Hold | 1.06 % | Chg in DII Hold | 0.23 % | PAT Qtr | 690 Cr. | PAT Prev Qtr | 574 Cr. |
| RSI | 59.4 | MACD | 9.25 | Volume | 63,70,584 | Avg Vol 1Wk | 1,75,37,340 |
| Low price | 154 ₹ | High price | 306 ₹ | PEG Ratio | 0.28 | Debt to equity | 8.83 |
| 52w Index | 86.9 % | Qtr Profit Var | 39.1 % | EPS | 23.8 ₹ | Industry PE | 15.8 |
📊 Chart Patterns & Trend: The stock is trading at ₹286, above both its 50 DMA (₹263) and 200 DMA (₹230), reflecting strong bullish momentum. Price action is near its 52-week high of ₹306, suggesting an uptrend with potential resistance ahead.
📈 Moving Averages: Current price is comfortably above both 50 DMA and 200 DMA, confirming bullish strength. Sustaining above ₹280–₹285 supports continuation toward ₹300–₹306.
📉 RSI: At 59.4, RSI is in the bullish-neutral zone, indicating healthy momentum without being overbought.
📈 MACD: Positive at 9.25, showing bullish divergence. Trend remains strong as long as MACD stays positive.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but limited upside in the short term. A pullback toward ₹275–₹280 could provide re-entry opportunities.
📊 Volume Trends: Current volume (63.7 Lakh) is lower than average weekly volume (1.75 Cr), indicating reduced participation but still supportive of the uptrend.
🎯 Entry Zone: ₹275–₹285 (near support and moving averages).
🎯 Exit Zone: ₹300–₹306 (near resistance and 52-week high).
📌 Trend Status: Trending upward with bullish bias. Consolidation may occur near ₹300–₹306 before further breakout.
Positive
- Strong ROE (17.6%) highlights efficient shareholder returns.
- PEG ratio of 0.28 suggests undervaluation relative to growth.
- Quarterly PAT improved to ₹690 Cr from ₹574 Cr, showing earnings growth.
- EPS at ₹23.8 is robust compared to peers.
- Stock trading above both 50 DMA and 200 DMA confirms bullish momentum.
Limitation
- ROCE at 7.38% is relatively weak compared to industry standards.
- Debt-to-equity ratio of 8.83 is very high, raising leverage concerns.
- Volume participation is lower than average, limiting breakout strength.
Company Negative News
- High leverage (Debt-to-equity 8.83) may impact financial flexibility.
Company Positive News
- FII holdings increased (+1.06%), showing strong foreign investor confidence.
- DII holdings increased (+0.23%), reflecting domestic institutional support.
- Quarterly profit growth (+39.1%) indicates strong operational performance.
Industry
- Industry PE at 15.8 is higher than the stock’s P/E (12.0), suggesting relative undervaluation.
- Sector outlook remains favorable, supporting continued growth momentum.
Conclusion
⚖️ KARURVYSYA is trending upward, trading above key moving averages with positive RSI and MACD signals. Entry near ₹275–₹285 offers favorable risk-reward, while exits around ₹300–₹306 align with resistance. Sustained buying and a breakout above ₹306 would confirm continuation of the bullish trend, while failure to hold support could trigger consolidation.