KIRLOSBROS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | KIRLOSBROS | Market Cap | 11,822 Cr. | Current Price | 1,490 ₹ | High / Low | 2,476 ₹ |
| Stock P/E | 50.3 | Book Value | 213 ₹ | Dividend Yield | 0.47 % | ROCE | 20.8 % |
| ROE | 15.8 % | Face Value | 2.00 ₹ | DMA 50 | 1,622 ₹ | DMA 200 | 1,781 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | 0.42 % | PAT Qtr | 37.6 Cr. | PAT Prev Qtr | 47.0 Cr. |
| RSI | 40.4 | MACD | -35.7 | Volume | 48,377 | Avg Vol 1Wk | 48,659 |
| Low price | 1,422 ₹ | High price | 2,476 ₹ | PEG Ratio | 1.32 | Debt to equity | 0.02 |
| 52w Index | 6.46 % | Qtr Profit Var | -40.3 % | EPS | 30.6 ₹ | Industry PE | 36.0 |
📊 Chart Patterns & Trend: The stock is trading at ₹1,490, below both its 50 DMA (₹1,622) and 200 DMA (₹1,781), reflecting bearish pressure. Price action is close to its 52-week low of ₹1,422, suggesting weak momentum and consolidation near support levels.
📈 Moving Averages: Current price is below both 50 DMA and 200 DMA, confirming downward momentum. A recovery above ₹1,622 would be the first bullish signal, while sustaining above ₹1,781 would confirm reversal.
📉 RSI: At 40.4, RSI is in the lower neutral zone, indicating weak momentum but not yet oversold. A move above 50 would signal strength.
📉 MACD: Negative at -35.7, showing bearish divergence. Trend remains weak until MACD narrows toward zero.
📊 Bollinger Bands: Price is near the lower band, suggesting limited downside and potential mean reversion toward ₹1,550–₹1,600.
📊 Volume Trends: Current volume (48,377) is almost equal to average weekly volume (48,659), showing steady participation but no strong breakout signals.
🎯 Entry Zone: ₹1,450–₹1,490 (near support and lower Bollinger band).
🎯 Exit Zone: ₹1,600–₹1,650 (near resistance and 50 DMA).
📌 Trend Status: Bearish with consolidation signs. A reversal may occur if RSI rebounds and price sustains above ₹1,600–₹1,622.
Positive
- Strong ROCE (20.8%) and ROE (15.8%) highlight efficient capital use.
- Low debt-to-equity ratio (0.02) ensures financial stability.
- EPS at ₹30.6 remains healthy compared to peers.
- Dividend yield of 0.47% provides steady income for investors.
Limitation
- Stock P/E (50.3) is significantly higher than industry PE (36.0), indicating overvaluation.
- Price trading below both 50 DMA and 200 DMA confirms weak momentum.
- PEG ratio (1.32) suggests valuation is stretched relative to growth.
Company Negative News
- Quarterly PAT declined to ₹37.6 Cr from ₹47.0 Cr, showing earnings pressure.
- Quarterly profit variation (-40.3%) indicates significant decline compared to prior year.
Company Positive News
- FII holdings increased (+0.04%), showing foreign investor confidence.
- DII holdings increased (+0.42%), reflecting domestic institutional support.
Industry
- Industry PE at 36.0 is lower than the stock’s P/E, suggesting sector trades at more reasonable valuations.
- KIRLOSBROS trades at a premium but maintains strong fundamentals with high ROCE and ROE.
Conclusion
⚖️ KIRLOSBROS is currently in a bearish phase, trading below key moving averages with weak momentum indicators. Entry near ₹1,450–₹1,490 offers favorable risk-reward, while exits around ₹1,600–₹1,650 align with resistance. Sustained buying and a move above ₹1,622–₹1,781 would confirm reversal toward bullish momentum, while failure to hold support could extend bearish consolidation.