KEI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.6
| Stock Code | KEI | Market Cap | 46,438 Cr. | Current Price | 4,858 ₹ | High / Low | 5,303 ₹ |
| Stock P/E | 54.0 | Book Value | 647 ₹ | Dividend Yield | 0.09 % | ROCE | 21.3 % |
| ROE | 15.6 % | Face Value | 2.00 ₹ | DMA 50 | 4,549 ₹ | DMA 200 | 4,249 ₹ |
| Chg in FII Hold | 1.78 % | Chg in DII Hold | -1.44 % | PAT Qtr | 235 Cr. | PAT Prev Qtr | 204 Cr. |
| RSI | 60.0 | MACD | 145 | Volume | 7,31,490 | Avg Vol 1Wk | 4,27,205 |
| Low price | 3,000 ₹ | High price | 5,303 ₹ | PEG Ratio | 2.37 | Debt to equity | 0.04 |
| 52w Index | 80.6 % | Qtr Profit Var | 42.5 % | EPS | 90.0 ₹ | Industry PE | 24.5 |
📈 Chart Patterns: KEI is in a strong uptrend, trading well above 50 DMA and 200 DMA, with momentum supported by higher highs and strong volume confirmation.
📊 Moving Averages: Price above 50 DMA (4,549 ₹) and 200 DMA (4,249 ₹), confirming bullish strength across short and medium-term trends.
📉 RSI: At 60.0, RSI indicates bullish momentum but not yet overbought, leaving room for further upside.
📈 MACD: Strongly positive at 145, signaling robust bullish momentum.
📊 Bollinger Bands: Price near upper band, suggesting strong momentum with potential for short-term consolidation.
📉 Volume Trends: Current volume (7.31L) above weekly average (4.27L), confirming strong participation and breakout conviction.
🔑 Short-Term Momentum Signals: Bullish signals supported by MACD, RSI, and volume strength.
🎯 Entry Zone: 4,750–4,850 ₹ near 50 DMA support.
🎯 Exit Zone: 5,150–5,250 ₹ near resistance and 52-week high zone.
📌 Trend Status: Strongly trending upward.
Positive
- Strong ROCE (21.3%) and ROE (15.6%).
- Low debt-to-equity ratio (0.04).
- Quarterly PAT growth of 42.5% (204 Cr. → 235 Cr.).
- Healthy EPS of 90 ₹ with strong earnings consistency.
- FII holdings increased (+1.78%), showing foreign investor confidence.
Limitation
- High P/E of 54.0 compared to industry PE of 24.5, indicating stretched valuation.
- PEG ratio of 2.37 suggests expensive growth relative to earnings.
- DII holdings declined (-1.44%), showing reduced domestic institutional support.
- Dividend yield very low at 0.09%.
Company Negative News
- Valuation concerns with high P/E and PEG ratio.
- Decline in DII holdings (-1.44%).
Company Positive News
- Strong quarterly PAT growth and earnings momentum.
- Increase in FII holdings (+1.78%).
- Robust fundamentals with low debt and strong ROCE/ROE.
Industry
- Industry PE at 24.5, significantly lower than KEI’s P/E, suggesting premium valuation.
- Sector momentum strong with 52-week index at 80.6%.
Conclusion
KEI is trending strongly upward with bullish signals supported by MACD, RSI, and volume strength. Entry near 4,750–4,850 ₹ offers favorable positioning, while exits around 5,150–5,250 ₹ capture resistance levels. Fundamentals remain strong, but stretched valuation and low dividend yield warrant disciplined profit booking near highs.