LTTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | LTTS | Market Cap | 38,440 Cr. | Current Price | 3,626 ₹ | High / Low | 4,747 ₹ |
| Stock P/E | 31.8 | Book Value | 559 ₹ | Dividend Yield | 1.60 % | ROCE | 26.8 % |
| ROE | 20.7 % | Face Value | 2.00 ₹ | DMA 50 | 3,494 ₹ | DMA 200 | 3,943 ₹ |
| Chg in FII Hold | -0.36 % | Chg in DII Hold | 0.07 % | PAT Qtr | 317 Cr. | PAT Prev Qtr | 304 Cr. |
| RSI | 59.2 | MACD | 59.1 | Volume | 1,34,212 | Avg Vol 1Wk | 1,36,118 |
| Low price | 3,010 ₹ | High price | 4,747 ₹ | PEG Ratio | 12.2 | Debt to equity | 0.09 |
| 52w Index | 35.5 % | Qtr Profit Var | 11.7 % | EPS | 114 ₹ | Industry PE | 26.0 |
📈 Chart Patterns: LTTS is trending upward, trading above 50 DMA but below 200 DMA, showing short-term strength with medium-term resistance overhead.
📊 Moving Averages: Price above 50 DMA (3,494 ₹) but below 200 DMA (3,943 ₹), indicating short-term bullishness but medium-term caution.
📉 RSI: At 59.2, RSI suggests bullish momentum but not yet overbought.
📈 MACD: Strongly positive at 59.1, confirming bullish momentum.
📊 Bollinger Bands: Price near upper band, reflecting strong momentum with potential for short-term consolidation.
📉 Volume Trends: Current volume (1.34L) in line with weekly average (1.36L), showing steady participation but no breakout surge.
🔑 Short-Term Momentum Signals: Bullish signals supported by MACD and RSI, but capped by 200 DMA resistance.
🎯 Entry Zone: 3,550–3,600 ₹ near 50 DMA support.
🎯 Exit Zone: 3,900–4,000 ₹ near 200 DMA resistance.
📌 Trend Status: Trending upward with cautious bullish bias.
Positive
- Strong ROCE (26.8%) and ROE (20.7%).
- Low debt-to-equity ratio (0.09).
- Dividend yield of 1.60% adds shareholder value.
- Quarterly PAT growth (+11.7%).
- EPS at 114 ₹ supports valuation strength.
Limitation
- Price below 200 DMA, facing medium-term resistance.
- High PEG ratio of 12.2 indicates expensive growth prospects.
- P/E of 31.8 above industry PE of 26.0, suggesting premium valuation.
- FII holdings declined (-0.36%), showing reduced foreign investor confidence.
Company Negative News
- Decline in FII holdings (-0.36%).
- Premium valuation with high PEG ratio.
Company Positive News
- Quarterly PAT growth (304 Cr. → 317 Cr.).
- DII holdings increased (+0.07%).
- Strong ROCE and ROE highlight efficiency.
Industry
- Industry PE at 26.0, lower than LTTS’s P/E of 31.8, showing premium valuation.
- Sector momentum moderate with 52-week index at 35.5%.
Conclusion
LTTS is trending upward with bullish signals supported by MACD, RSI, and strong fundamentals. Entry near 3,550–3,600 ₹ offers favorable positioning, while exits around 3,900–4,000 ₹ capture resistance levels. Strong capital efficiency supports optimism, but premium valuation and 200 DMA resistance warrant disciplined profit booking.