MAZDOCK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | MAZDOCK | Market Cap | 99,021 Cr. | Current Price | 2,456 ₹ | High / Low | 3,778 ₹ |
| Stock P/E | 43.1 | Book Value | 200 ₹ | Dividend Yield | 0.70 % | ROCE | 48.8 % |
| ROE | 36.5 % | Face Value | 5.00 ₹ | DMA 50 | 2,406 ₹ | DMA 200 | 2,567 ₹ |
| Chg in FII Hold | -0.17 % | Chg in DII Hold | -0.28 % | PAT Qtr | 837 Cr. | PAT Prev Qtr | 715 Cr. |
| RSI | 56.0 | MACD | 4.61 | Volume | 22,62,714 | Avg Vol 1Wk | 20,62,822 |
| Low price | 2,126 ₹ | High price | 3,778 ₹ | PEG Ratio | 0.75 | Debt to equity | 0.00 |
| 52w Index | 20.0 % | Qtr Profit Var | 8.97 % | EPS | 57.0 ₹ | Industry PE | 41.1 |
📊 Chart & Trend: Mazdock trades at ₹2,456, above its 50 DMA (₹2,406) but below its 200 DMA (₹2,567). This indicates short-term strength but medium-term resistance, suggesting consolidation with bullish undertones.
📉 Momentum Indicators: RSI at 56.0 shows healthy momentum, not overbought. MACD at +4.61 confirms mild bullish momentum. Bollinger Bands suggest price is mid-range, with support near ₹2,420–₹2,450 and resistance around ₹2,550–₹2,600.
📈 Volume Trends: Current volume (22.6 lakh) is slightly higher than the 1-week average (20.6 lakh), reflecting increased participation and buying interest.
🔑 Entry Zone: ₹2,420–₹2,450 (near support and 50 DMA).
🚪 Exit Zone: ₹2,550–₹2,600 (near resistance and 200 DMA).
📌 Trend Status: The stock is in consolidation with bullish bias, supported by short-term signals but facing resistance at medium-term averages.
Positive
- Quarterly PAT improved (₹715 Cr → ₹837 Cr).
- EPS at ₹57.0 indicates strong earnings power.
- ROCE (48.8%) and ROE (36.5%) show excellent efficiency.
- PEG ratio at 0.75 suggests reasonable valuation relative to growth.
- Debt-to-equity ratio at 0.00 reflects zero leverage.
Limitation
- Stock P/E at 43.1 is slightly higher than industry PE of 41.1.
- Dividend yield at 0.70% is modest compared to peers.
- 52-week index at 20.0% shows underperformance relative to highs.
Company Negative News
- FII holdings decreased (-0.17%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.28%), reflecting weaker domestic institutional support.
Company Positive News
- Sequential PAT growth highlights profitability momentum.
- Strong efficiency ratios (ROCE, ROE) support long-term fundamentals.
Industry
- Defence & shipbuilding sector PE at 41.1, close to Mazdock’s valuation of 43.1.
- Sector rotation favors defence stocks with strong order books and government support.
Conclusion
⚖️ Mazdock is consolidating with bullish short-term signals, trading above its 50 DMA but below its 200 DMA. Entry near ₹2,420–₹2,450 offers margin of safety, while exits around ₹2,550–₹2,600 provide profit-taking opportunities. Despite modest dividend yield and reduced institutional support, strong profitability, efficiency, and zero debt support resilience in the defence sector.
Would you like me to extend this into a peer benchmarking overlay with Cochin Shipyard, Garden Reach Shipbuilders, and Hindustan Aeronautics to highlight Mazdock’s relative strength within the defence and shipbuilding sector?