KIRLOSENG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | KIRLOSENG | Market Cap | 16,586 Cr. | Current Price | 1,140 ₹ | High / Low | 1,329 ₹ |
| Stock P/E | 38.2 | Book Value | 219 ₹ | Dividend Yield | 0.57 % | ROCE | 18.4 % |
| ROE | 14.3 % | Face Value | 2.00 ₹ | DMA 50 | 1,140 ₹ | DMA 200 | 1,017 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.21 % | PAT Qtr | 141 Cr. | PAT Prev Qtr | 123 Cr. |
| RSI | 47.9 | MACD | -15.4 | Volume | 86,916 | Avg Vol 1Wk | 2,06,754 |
| Low price | 544 ₹ | High price | 1,329 ₹ | PEG Ratio | 1.05 | Debt to equity | 0.03 |
| 52w Index | 76.0 % | Qtr Profit Var | 26.8 % | EPS | 31.0 ₹ | Industry PE | 36.0 |
📊 Chart Patterns & Trend: The stock is trading at ₹1,140, exactly at its 50 DMA (₹1,140) and above the 200 DMA (₹1,017), indicating consolidation near a key support/resistance pivot. Price action is within the upper range of its 52-week band (₹544–₹1,329), suggesting stability with potential for breakout if momentum strengthens.
📈 Moving Averages: Current price aligned with 50 DMA and above 200 DMA shows neutral-to-positive bias. Sustaining above ₹1,150–₹1,160 would confirm bullish continuation, while a drop below ₹1,120 could trigger weakness.
📉 RSI: At 47.9, RSI is neutral, suggesting sideways consolidation. A move above 55 would indicate strengthening momentum.
📉 MACD: Negative at -15.4, showing mild bearish divergence. Trend remains cautious until MACD crosses upward.
📊 Bollinger Bands: Price is near the mid-band, indicating consolidation. A move toward the upper band (~₹1,200–₹1,220) would signal bullish strength.
📊 Volume Trends: Current volume (86,916) is lower than average weekly volume (2.06 Lakh), showing reduced participation and lack of strong breakout signals.
🎯 Entry Zone: ₹1,120–₹1,140 (near support and DMA cluster).
🎯 Exit Zone: ₹1,200–₹1,230 (near resistance and upper Bollinger band).
📌 Trend Status: Consolidating with mild bullish bias. A breakout above ₹1,150–₹1,160 would confirm reversal toward an uptrend.
Positive
- Strong ROCE (18.4%) and ROE (14.3%) highlight efficient capital use.
- Low debt-to-equity ratio (0.03) ensures financial stability.
- Quarterly PAT improved to ₹141 Cr from ₹123 Cr, showing earnings growth.
- EPS at ₹31.0 remains healthy compared to peers.
Limitation
- Stock P/E (38.2) is slightly higher than industry PE (36.0), indicating premium valuation.
- MACD remains negative, showing weak momentum.
- Volume participation is below average, limiting breakout strength.
Company Negative News
- Volume activity below average indicates weak investor participation.
Company Positive News
- FII holdings increased (+0.11%), showing foreign investor confidence.
- DII holdings increased (+0.21%), reflecting domestic institutional support.
- Quarterly profit growth (+26.8%) indicates strong operational performance.
Industry
- Industry PE at 36.0 is close to the stock’s P/E, suggesting sector trades at premium valuations.
- KIRLOSENG trades at a slight premium but maintains strong fundamentals with high ROCE and ROE.
Conclusion
⚖️ KIRLOSENG is consolidating near key moving averages with neutral RSI and weak MACD. Entry near ₹1,120–₹1,140 offers favorable risk-reward, while exits around ₹1,200–₹1,230 align with resistance. Sustained buying and a move above ₹1,150–₹1,160 would confirm reversal toward bullish momentum, while failure to hold support could extend sideways consolidation.