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KARURVYSYA - Technical Analysis with Chart Patterns & Indicators

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Rating: 4

Last Updated Time : 03 May 26, 11:24 am

Technical Rating: 4.0

Stock Code KARURVYSYA Market Cap 28,367 Cr. Current Price 294 ₹ High / Low 344 ₹
Stock P/E 12.3 Book Value 132 ₹ Dividend Yield 0.74 % ROCE 7.38 %
ROE 17.6 % Face Value 2.00 ₹ DMA 50 289 ₹ DMA 200 260 ₹
Chg in FII Hold 2.38 % Chg in DII Hold -0.94 % PAT Qtr 690 Cr. PAT Prev Qtr 574 Cr.
RSI 53.0 MACD 2.05 Volume 24,39,696 Avg Vol 1Wk 23,50,237
Low price 167 ₹ High price 344 ₹ PEG Ratio 0.29 Debt to equity 8.83
52w Index 71.7 % Qtr Profit Var 39.1 % EPS 23.8 ₹ Industry PE 15.0

📈 Chart Patterns: KARURVYSYA is consolidating with mild bullish bias, trading above 50 DMA but facing resistance near 300–310 ₹.

📊 Moving Averages: Price above 50 DMA (289 ₹) and 200 DMA (260 ₹), confirming short-term strength and medium-term support.

📉 RSI: At 53.0, RSI suggests neutral momentum with potential for gradual upward continuation.

📈 MACD: Positive at 2.05, signaling mild bullish momentum.

📊 Bollinger Bands: Price near mid-band, reflecting consolidation with breakout potential.

📉 Volume Trends: Current volume (24.4L) slightly above weekly average (23.5L), showing steady participation.

🔑 Short-Term Momentum Signals: Mild bullish signals supported by MACD and RSI, but capped by resistance.

🎯 Entry Zone: 285–295 ₹ near support and DMA levels.

🎯 Exit Zone: 305–315 ₹ near resistance cluster.

📌 Trend Status: Consolidating with mild bullish bias.

Positive

  • Attractive P/E of 12.3 compared to industry PE of 15.0.
  • Strong ROE (17.6%).
  • PEG ratio of 0.29 indicates undervaluation relative to growth.
  • Quarterly PAT growth (+39.1%).
  • FII holdings increased (+2.38%).

Limitation

  • ROCE modest at 7.38%.
  • High debt-to-equity ratio (8.83), indicating leverage risk.
  • Price below 52-week high (344 ₹), limiting immediate upside potential.
  • DII holdings declined (-0.94%).

Company Negative News

  • High leverage limits financial flexibility.
  • DII outflows reduce domestic institutional support.

Company Positive News

  • Strong PAT growth (574 Cr. → 690 Cr.).
  • EPS at 23.8 ₹ supports valuation strength.
  • FII inflows highlight foreign investor confidence.

Industry

  • Industry PE at 15.0, slightly higher than KARURVYSYA’s P/E, suggesting fair valuation.
  • Sector momentum strong with 52-week index at 71.7%.

Conclusion

KARURVYSYA is consolidating with mild bullish signals supported by MACD, RSI, and FII inflows. Entry near 285–295 ₹ offers favorable positioning, while exits around 305–315 ₹ capture resistance levels. Strong fundamentals and attractive valuation support optimism, but high leverage and modest ROCE warrant cautious risk management.

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