KPITTECH - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | KPITTECH | Market Cap | 20,809 Cr. | Current Price | 759 ₹ | High / Low | 1,434 ₹ |
| Stock P/E | 36.6 | Book Value | 71.2 ₹ | Dividend Yield | 1.12 % | ROCE | 34.4 % |
| ROE | 27.1 % | Face Value | 10.0 ₹ | DMA 50 | 772 ₹ | DMA 200 | 1,019 ₹ |
| Chg in FII Hold | -0.32 % | Chg in DII Hold | -0.70 % | PAT Qtr | 87.6 Cr. | PAT Prev Qtr | 119 Cr. |
| RSI | 58.4 | MACD | 3.67 | Volume | 29,83,443 | Avg Vol 1Wk | 18,88,143 |
| Low price | 625 ₹ | High price | 1,434 ₹ | PEG Ratio | 1.38 | Debt to equity | 0.07 |
| 52w Index | 16.6 % | Qtr Profit Var | -22.0 % | EPS | 19.4 ₹ | Industry PE | 21.6 |
📈 Chart Patterns: KPITTECH is consolidating near support zones, showing mild bullish bias but capped by resistance around 770–790 ₹.
📊 Moving Averages: Price below 50 DMA (772 ₹) and 200 DMA (1,019 ₹), indicating short-term weakness and medium-term bearish pressure.
📉 RSI: At 58.4, RSI suggests neutral-to-positive momentum, but not strongly bullish.
📈 MACD: Positive at 3.67, signaling mild bullish momentum.
📊 Bollinger Bands: Price near mid-band, reflecting consolidation with potential breakout if volume sustains.
📉 Volume Trends: Current volume (29.8L) above weekly average (18.8L), showing strong participation and supporting short-term moves.
🔑 Short-Term Momentum Signals: Mild bullish signals from MACD and RSI, supported by strong volume, but capped by resistance.
🎯 Entry Zone: 740–760 ₹ near support.
🎯 Exit Zone: 780–800 ₹ near resistance cluster.
📌 Trend Status: Consolidating with mild bullish bias.
Positive
- Strong ROCE (34.4%) and ROE (27.1%).
- Low debt-to-equity ratio (0.07).
- Dividend yield of 1.12% adds investor appeal.
- Volume strength above average supports momentum.
Limitation
- Quarterly profit decline (-22%) raises earnings concerns.
- Price below both 50 DMA and 200 DMA, showing technical weakness.
- High P/E of 36.6 compared to industry PE of 21.6.
- PEG ratio of 1.38 indicates growth lagging valuation.
Company Negative News
- Decline in FII holding (-0.32%) and DII holding (-0.70%).
- Quarterly PAT dropped from 119 Cr. to 87.6 Cr.
Company Positive News
- Strong fundamentals with high ROCE and ROE.
- Dividend yield supports long-term investor interest.
Industry
- Industry PE at 21.6, lower than KPITTECH’s P/E of 36.6, suggesting premium valuation.
- Sector momentum moderate with 52-week index at 16.6%.
Conclusion
KPITTECH is consolidating with mild bullish signals supported by MACD, RSI, and strong volume. Entry near 740–760 ₹ offers favorable positioning, while exits around 780–800 ₹ capture resistance levels. Strong fundamentals support long-term potential, but earnings decline and stretched valuation warrant cautious trading.