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KIRLOSBROS - Technical Analysis with Chart Patterns & Indicators

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Rating: 4.3

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

Technical Rating: 4.3

Stock Code KIRLOSBROS Market Cap 13,737 Cr. Current Price 1,730 ₹ High / Low 2,476 ₹
Stock P/E 52.3 Book Value 213 ₹ Dividend Yield 0.40 % ROCE 20.8 %
ROE 15.8 % Face Value 2.00 ₹ DMA 50 1,618 ₹ DMA 200 1,698 ₹
Chg in FII Hold 0.19 % Chg in DII Hold 0.06 % PAT Qtr 78.2 Cr. PAT Prev Qtr 37.6 Cr.
RSI 57.7 MACD 50.6 Volume 62,104 Avg Vol 1Wk 1,04,110
Low price 1,333 ₹ High price 2,476 ₹ PEG Ratio 1.37 Debt to equity 0.02
52w Index 34.7 % Qtr Profit Var 55.4 % EPS 31.7 ₹ Industry PE 39.3

📈 Chart Patterns: KIRLOSBROS is trending upward, trading above both 50 DMA and 200 DMA, showing strong bullish bias with resistance near 1,850–1,900 ₹.

📊 Moving Averages: Price above 50 DMA (1,618 ₹) and 200 DMA (1,698 ₹), confirming short and medium-term strength.

📉 RSI: At 57.7, RSI suggests neutral-to-bullish momentum with room for further upside.

📈 MACD: Positive at 50.6, confirming bullish momentum.

📊 Bollinger Bands: Price near upper band, reflecting strong momentum but risk of short-term consolidation.

📉 Volume Trends: Current volume (62K) below weekly average (1.04L), showing weaker participation and requiring confirmation for sustained breakout.

🔑 Short-Term Momentum Signals: Bullish signals supported by MACD and RSI, but volume weakness tempers conviction.

🎯 Entry Zone: 1,720–1,740 ₹ near DMA support.

🎯 Exit Zone: 1,850–1,900 ₹ near resistance cluster.

📌 Trend Status: Trending upward with bullish bias.

Positive

  • Strong ROCE (20.8%) and ROE (15.8%).
  • Low debt-to-equity ratio (0.02).
  • Quarterly PAT growth (+55.4%).
  • EPS at 31.7 ₹ supports valuation strength.
  • Price trading above both 50 DMA and 200 DMA confirms momentum.

Limitation

  • High P/E of 52.3 compared to industry PE of 39.3, indicating premium valuation.
  • Volume below average, limiting breakout strength.
  • PEG ratio of 1.37 suggests growth is priced at a premium.

Company Negative News

  • Valuation significantly higher than industry peers.
  • Volume weakness reduces conviction in breakout potential.

Company Positive News

  • PAT more than doubled sequentially (37.6 Cr. → 78.2 Cr.).
  • FII holdings increased (+0.19%) and DII holdings increased (+0.06%).

Industry

  • Industry PE at 39.3, lower than KIRLOSBROS’s P/E of 52.3, suggesting premium valuation.
  • Sector momentum strong with 52-week index at 34.7%.

Conclusion

KIRLOSBROS is trending upward with bullish signals supported by MACD, RSI, and strong earnings growth. Entry near 1,720–1,740 ₹ offers favorable positioning, while exits around 1,850–1,900 ₹ capture resistance levels. Strong fundamentals support optimism, but stretched valuation and weak volume participation warrant disciplined risk management.

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