MAZDOCK - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | MAZDOCK | Market Cap | 1,10,252 Cr. | Current Price | 2,733 ₹ | High / Low | 3,778 ₹ |
| Stock P/E | 45.3 | Book Value | 219 ₹ | Dividend Yield | 0.63 % | ROCE | 41.3 % |
| ROE | 30.4 % | Face Value | 5.00 ₹ | DMA 50 | 2,483 ₹ | DMA 200 | 2,546 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | -0.28 % | PAT Qtr | 464 Cr. | PAT Prev Qtr | 837 Cr. |
| RSI | 67.4 | MACD | 103 | Volume | 21,35,637 | Avg Vol 1Wk | 24,30,914 |
| Low price | 2,057 ₹ | High price | 3,778 ₹ | PEG Ratio | 1.44 | Debt to equity | 0.00 |
| 52w Index | 39.3 % | Qtr Profit Var | 41.9 % | EPS | 60.4 ₹ | Industry PE | 42.7 |
📊 Mazagon Dock Shipbuilders (MAZDOCK) is trading above both its 50 DMA (₹2,483) and 200 DMA (₹2,546), confirming strong bullish momentum. RSI at 67.4 reflects near-overbought conditions, while MACD (103) signals strong positive divergence. Bollinger Bands show price moving toward the upper band, suggesting potential resistance. Current volume (21.3 lakh) is slightly below the 1-week average (24.3 lakh), indicating moderate participation.
💡 Optimal Entry: ₹2,650–₹2,700 (near DMA support)
🚪 Exit if Holding: Profit-taking zone around ₹3,700–₹3,750; Stop-loss below ₹2,600
📈 Trend Status: Trending upward with strong bullish momentum
✅ Positive
- Trading above both 50 DMA and 200 DMA
- Strong ROE (30.4%) and ROCE (41.3%)
- EPS at ₹60.4 supports earnings visibility
- Debt-free balance sheet
- Quarterly profit variation (+41.9%) shows strong growth
⚠️ Limitation
- RSI near overbought zone (67.4)
- Sequential decline in PAT (₹837 Cr → ₹464 Cr)
- FII (-0.07%) and DII (-0.28%) holdings declined
- PEG ratio at 1.44 indicates valuation pressure
📉 Company Negative News
- Profit decline in the latest quarter
- Reduced institutional participation
📈 Company Positive News
- Strong EPS and efficiency metrics
- Debt-free structure ensures financial stability
- Quarterly profit growth trend remains positive YoY
🏭 Industry
- Defense and shipbuilding sector average PE at 42.7, MAZDOCK trades slightly above (45.3)
- Sector outlook remains strong with government defense spending
🔎 Conclusion
MAZDOCK is trending upward with strong bullish momentum, supported by robust fundamentals and debt-free balance sheet. Entry near ₹2,650–₹2,700 offers a favorable risk-reward setup, while exits around ₹3,700–₹3,750 are advisable. Despite strong long-term potential, traders should monitor overbought RSI and quarterly profit decline for short-term caution.