KEC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | KEC | Market Cap | 13,375 Cr. | Current Price | 502 ₹ | High / Low | 947 ₹ |
| Stock P/E | 39.3 | Book Value | 207 ₹ | Dividend Yield | 1.09 % | ROCE | 10.6 % |
| ROE | 6.42 % | Face Value | 2.00 ₹ | DMA 50 | 552 ₹ | DMA 200 | 663 ₹ |
| Chg in FII Hold | -1.91 % | Chg in DII Hold | 1.39 % | PAT Qtr | 119 Cr. | PAT Prev Qtr | 78.7 Cr. |
| RSI | 40.8 | MACD | -20.5 | Volume | 22,00,130 | Avg Vol 1Wk | 17,73,632 |
| Low price | 466 ₹ | High price | 947 ₹ | PEG Ratio | 2.65 | Debt to equity | 0.84 |
| 52w Index | 7.58 % | Qtr Profit Var | -25.8 % | EPS | 16.1 ₹ | Industry PE | 17.1 |
📈 Chart Patterns: KEC is in a bearish phase, trading at 502 ₹, close to its 52-week low of 466 ₹, after a steep decline from 947 ₹. Trendlines confirm downward bias with weak recovery attempts.
📊 Moving Averages: Current price (502 ₹) is below DMA 50 (552 ₹) and DMA 200 (663 ₹), confirming bearish alignment.
📉 RSI: At 40.8, RSI indicates weak momentum, slightly above oversold territory.
📌 MACD: Negative at -20.5, confirming bearish momentum and lack of strength in recovery.
📈 Bollinger Bands: Price near lower band, highlighting oversold conditions and potential short-term bounce.
🔎 Volume Trends: Current volume (22.0 lakh) is above average (17.7 lakh), showing selling pressure with heightened activity.
🎯 Momentum Signals: Bearish bias dominates, though RSI near 40 and lower Bollinger Band hint at possible rebound attempts.
📍 Entry Zone: 480–500 ₹ (support near 52-week low).
📍 Exit Zone: 540–560 ₹ (resistance near DMA 50).
📊 Trend Status: Consolidating with bearish undertone; reversal only if price sustains above 552 ₹ (DMA 50).
Positive
- Quarterly PAT growth from ₹78.7 Cr. to ₹119 Cr.
- EPS at ₹16.1 supports earnings base.
- DII holding increased (+1.39%), showing domestic institutional support.
- Dividend yield of 1.09% adds investor appeal.
Limitation
- Price below both DMA 50 and DMA 200.
- ROCE (10.6%) and ROE (6.42%) remain weak.
- High debt-to-equity ratio (0.84) adds leverage risk.
- PEG ratio of 2.65 indicates valuation stretch.
Company Negative News
- Quarterly profit variation (-25.8%) raises caution.
- FII holding reduced (-1.91%).
Company Positive News
- PAT improved sequentially (+51%).
- DII inflows supportive of momentum.
- Dividend yield provides shareholder value.
Industry
- Industry PE at 17.1, much lower than KEC’s P/E (39.3), showing premium valuation.
- Sector momentum moderate with 52-week index at 7.58%.
Conclusion
⚖️ KEC is consolidating near lows with bearish signals. Entry near 480–500 ₹ offers defensive positioning, while exits around 540–560 ₹ capture resistance levels. Fundamentals remain weak with high leverage and low ROE, warranting cautious trading until price sustains above DMA 50.
I can refine this into a short-term rebound setup with stop-loss levels, or expand it into a swing trade plan with holding period guidance.