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MOTHERSON - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.3

Last Updated Time : 24 May 26, 10:34 pm

Technical Rating: 3.3

Stock Code MOTHERSON Market Cap 1,43,594 Cr. Current Price 136 ₹ High / Low 139 ₹
Stock P/E 79.8 Book Value 36.3 ₹ Dividend Yield 0.42 % ROCE 5.22 %
ROE 4.75 % Face Value 1.00 ₹ DMA 50 124 ₹ DMA 200 116 ₹
Chg in FII Hold 0.70 % Chg in DII Hold -0.49 % PAT Qtr 483 Cr. PAT Prev Qtr 230 Cr.
RSI 63.6 MACD 3.37 Volume 3,68,81,621 Avg Vol 1Wk 4,25,19,560
Low price 89.7 ₹ High price 139 ₹ PEG Ratio 2.50 Debt to equity 0.22
52w Index 94.1 % Qtr Profit Var -25.2 % EPS 1.70 ₹ Industry PE 27.0

📈 Chart & Trend Analysis

  • Moving Averages: Current price (₹136) is above both 50 DMA (₹124) and 200 DMA (₹116), confirming bullish momentum.
  • RSI: At 63.6, the stock is moderately strong, close to overbought territory.
  • MACD: Positive (3.37), indicating bullish momentum continuation.
  • Bollinger Bands: Price is near the upper band, suggesting strong buying pressure but risk of short-term pullback.
  • Volume Trends: Current volume (3,68,81,621) is below 1-week average (4,25,19,560), showing slightly weaker participation.

📊 Momentum & Signals

  • Short-term momentum: Positive, supported by MACD and price above moving averages.
  • Support Zone: ₹130 – ₹134 (near-term support).
  • Resistance Zone: ₹138 – ₹140 (recent high and psychological barrier).
  • Entry Zone: ₹132 – ₹136 (near support, bullish bias).
  • Exit Zone: ₹138 – ₹140 (resistance levels).

📉 Trend Status

The stock is currently in an uptrend with bullish signals from MACD and price above moving averages. A breakout above ₹140 could extend the rally, while failure to hold ₹134 may trigger consolidation.

✅ Positive

  • Strong 52-week performance (94.1% index gain).
  • Low debt-to-equity ratio (0.22), showing financial stability.
  • PAT improved significantly (₹483 Cr vs ₹230 Cr previous quarter).

⚠️ Limitation

  • High P/E ratio (79.8) compared to industry average (27.0), making valuation expensive.
  • Weak ROE (4.75%) and ROCE (5.22%), showing poor efficiency.
  • EPS at ₹1.70 is modest relative to valuation.

📰 Company Negative News

  • DII holding decreased (-0.49%), showing reduced domestic institutional confidence.
  • Quarterly profit variation (-25.2%) indicates earnings volatility.

🌟 Company Positive News

  • FII holding increased (+0.70%), reflecting foreign investor support.
  • Dividend yield of 0.42% provides some income stability.

🏦 Industry

  • Industry PE at 27.0, much lower than MOTHERSON’s 79.8, suggesting peers are cheaper.
  • Auto components sector continues to benefit from global demand recovery and EV adoption trends.

📌 Conclusion

MOTHERSON is in a bullish uptrend with strong technical signals but stretched valuations. Entry near ₹132 – ₹136 with exit around ₹138 – ₹140 is optimal for short-term traders. Long-term investors should weigh growth potential against weak efficiency metrics and high P/E ratio.

Technical Analysis
Fundamental Analysis

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