KSB - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | KSB | Market Cap | 17,031 Cr. | Current Price | 979 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 63.3 | Book Value | 92.7 ₹ | Dividend Yield | 0.45 % | ROCE | 25.0 % |
| ROE | 18.6 % | Face Value | 2.00 ₹ | DMA 50 | 858 ₹ | DMA 200 | 796 ₹ |
| Chg in FII Hold | 0.14 % | Chg in DII Hold | -0.31 % | PAT Qtr | 37.3 Cr. | PAT Prev Qtr | 94.0 Cr. |
| RSI | 70.2 | MACD | 50.9 | Volume | 7,24,888 | Avg Vol 1Wk | 4,02,273 |
| Low price | 667 ₹ | High price | 1,028 ₹ | PEG Ratio | 3.81 | Debt to equity | 0.00 |
| 52w Index | 86.3 % | Qtr Profit Var | -23.9 % | EPS | 14.5 ₹ | Industry PE | 39.3 |
📈 Chart Patterns: KSB is trending upward but showing signs of overbought conditions, trading near its 52-week high with resistance around 1,020–1,030 ₹.
📊 Moving Averages: Price above both 50 DMA (858 ₹) and 200 DMA (796 ₹), confirming strong bullish momentum.
📉 RSI: At 70.2, RSI indicates overbought territory, suggesting caution for fresh entries.
📈 MACD: Strongly positive at 50.9, confirming bullish momentum.
📊 Bollinger Bands: Price near upper band, signaling strong momentum but risk of short-term pullback.
📉 Volume Trends: Current volume (7.24L) above weekly average (4.02L), showing strong participation and breakout conviction.
🔑 Short-Term Momentum Signals: Bullish bias supported by MACD and volume, but RSI suggests limited upside without consolidation.
🎯 Entry Zone: 950–970 ₹ near support levels.
🎯 Exit Zone: 1,020–1,030 ₹ near resistance and 52-week high.
📌 Trend Status: Strongly trending upward but nearing exhaustion.
Positive
- Strong ROCE (25%) and ROE (18.6%).
- Zero debt-to-equity ratio, financially robust.
- Healthy volume above average supports momentum.
- Sequential FII holding increased (+0.14%).
Limitation
- High P/E of 63.3 compared to industry PE of 39.3, indicating stretched valuation.
- PEG ratio of 3.81 suggests expensive growth prospects.
- Quarterly profit decline (-23.9%) raises earnings concerns.
- RSI in overbought territory, limiting upside potential.
Company Negative News
- Quarterly PAT dropped sharply (94 Cr. → 37.3 Cr.).
- DII holdings declined (-0.31%).
Company Positive News
- Strong fundamentals with high ROCE and ROE.
- FII holdings increased (+0.14%).
- Stock trading near 52-week highs, reflecting investor confidence.
Industry
- Industry PE at 39.3, significantly lower than KSB’s P/E, suggesting premium valuation.
- Sector momentum strong with 52-week index at 86.3%.
Conclusion
KSB is trending upward with strong bullish signals supported by MACD, RSI, and volume. Entry near 950–970 ₹ offers favorable positioning, while exits around 1,020–1,030 ₹ capture resistance levels. Fundamentals remain solid, but stretched valuation and sharp profit decline warrant cautious optimism and disciplined risk management.