KEC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | KEC | Market Cap | 14,926 Cr. | Current Price | 561 ₹ | High / Low | 947 ₹ |
| Stock P/E | 39.1 | Book Value | 194 ₹ | Dividend Yield | 0.98 % | ROCE | 14.6 % |
| ROE | 7.00 % | Face Value | 2.00 ₹ | DMA 50 | 578 ₹ | DMA 200 | 688 ₹ |
| Chg in FII Hold | -1.91 % | Chg in DII Hold | 1.39 % | PAT Qtr | 78.7 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 47.8 | MACD | 2.95 | Volume | 6,08,536 | Avg Vol 1Wk | 8,45,776 |
| Low price | 501 ₹ | High price | 947 ₹ | PEG Ratio | -2.52 | Debt to equity | 0.90 |
| 52w Index | 13.4 % | Qtr Profit Var | 8.00 % | EPS | 12.9 ₹ | Industry PE | 18.5 |
📈 Chart Patterns: KEC is consolidating with weak momentum, trading below both 50 DMA and 200 DMA, showing medium-term bearish bias.
📊 Moving Averages: Price below 50 DMA (578 ₹) and 200 DMA (688 ₹), confirming short and medium-term weakness.
📉 RSI: At 47.8, RSI suggests neutral-to-weak momentum, leaning towards bearish consolidation.
📈 MACD: Mildly positive at 2.95, signaling weak bullish attempts but lacking conviction.
📊 Bollinger Bands: Price near lower band, reflecting oversold conditions but no strong reversal yet.
📉 Volume Trends: Current volume (6.08L) below weekly average (8.45L), showing weak participation.
🔑 Short-Term Momentum Signals: Weak bullish attempts from MACD, but RSI and volume suggest consolidation with bearish bias.
🎯 Entry Zone: 550–565 ₹ near support levels.
🎯 Exit Zone: 580–600 ₹ near resistance cluster.
📌 Trend Status: Consolidating with bearish undertone.
Positive
- ROCE at 14.6% indicates moderate efficiency.
- DII holdings increased (+1.39%), showing domestic institutional support.
- Dividend yield of 0.98% adds investor appeal.
- EPS at 12.9 ₹ supports valuation stability.
Limitation
- Price below both 50 DMA and 200 DMA, confirming weakness.
- High debt-to-equity ratio (0.90).
- Weak ROE (7%).
- Volume below average, limiting breakout potential.
Company Negative News
- Decline in FII holdings (-1.91%).
- PAT dropped from 106 Cr. to 78.7 Cr.
- PEG ratio of -2.52 indicates poor valuation relative to growth.
Company Positive News
- DII inflows (+1.39%) show domestic confidence.
- Quarterly profit variation positive at +8% sequentially.
Industry
- Industry PE at 18.5, significantly lower than KEC’s P/E of 39.1, suggesting premium valuation.
- Sector momentum modest with 52-week index at 13.4%.
Conclusion
KEC is consolidating with weak momentum, trading below key moving averages. Entry near 550–565 ₹ offers defensive positioning, while exits around 580–600 ₹ capture short-term resistance. Fundamentals show moderate efficiency but high debt and weak ROE, making cautious trading advisable with close monitoring of institutional flows.