MPHASIS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | MPHASIS | Market Cap | 42,550 Cr. | Current Price | 2,230 ₹ | High / Low | 3,037 ₹ |
| Stock P/E | 29.8 | Book Value | 339 ₹ | Dividend Yield | 2.55 % | ROCE | 29.2 % |
| ROE | 22.4 % | Face Value | 10.0 ₹ | DMA 50 | 2,268 ₹ | DMA 200 | 2,512 ₹ |
| Chg in FII Hold | -0.28 % | Chg in DII Hold | 0.39 % | PAT Qtr | 372 Cr. | PAT Prev Qtr | 364 Cr. |
| RSI | 50.0 | MACD | -20.5 | Volume | 4,30,957 | Avg Vol 1Wk | 5,86,884 |
| Low price | 2,013 ₹ | High price | 3,037 ₹ | PEG Ratio | 59.6 | Debt to equity | 0.09 |
| 52w Index | 21.2 % | Qtr Profit Var | 0.74 % | EPS | 73.5 ₹ | Industry PE | 20.7 |
📈 Chart & Trend: MPHASIS is trading at 2,230 ₹, below its 50 DMA (2,268 ₹) and 200 DMA (2,512 ₹), reflecting short-term weakness. Support lies at 2,150–2,180 ₹, while resistance is seen at 2,300–2,350 ₹.
🔎 Momentum Signals: RSI at 50.0 suggests neutral momentum. MACD at -20.5 indicates bearish crossover pressure. Entry zone: 2,150–2,180 ₹. Exit zone: 2,300–2,350 ₹.
📊 Volume Trends: Current volume (4.31 Lakh) is below the 1-week average (5.87 Lakh), showing reduced participation and consolidation.
📉 Bollinger Bands: Bands are moderately tight, suggesting limited volatility and range-bound trading.
📌 Trend Status: The stock is consolidating with weak momentum signals.
Positive
- Strong ROCE (29.2%) and ROE (22.4%) highlight efficient capital use.
- Low debt-to-equity (0.09) ensures financial stability.
- Dividend yield of 2.55% provides steady shareholder returns.
- Quarterly PAT growth (372 Cr. vs 364 Cr.) shows earnings improvement.
- EPS of 73.5 ₹ reflects strong profitability.
Limitation
- PEG ratio of 59.6 indicates extreme overvaluation relative to growth.
- Stock trading below both 50 DMA and 200 DMA signals weakness.
- 52-week index at 21.2% shows underperformance compared to broader market.
- Volume below average reflects weak investor interest.
Company Negative News
- FII holdings declined (-0.28%), reflecting reduced foreign investor confidence.
Company Positive News
- DII holdings increased (+0.39%), showing domestic institutional support.
- Quarterly profit variation (+0.74%) highlights consistent earnings growth.
Industry
- Industry PE at 20.7 indicates sector is moderately valued compared to MPHASIS’s premium valuation.
- IT services sector facing margin pressures but long-term demand remains intact.
Conclusion
MPHASIS is consolidating with weak short-term momentum, trading below key moving averages. Strong fundamentals and low debt support long-term stability, but extreme PEG ratio and underperformance limit near-term upside. Best suited for cautious accumulation near 2,150–2,180 ₹ with profit booking around 2,300–2,350 ₹.
This places MPHASIS in a consolidating trend with bearish undertones. For deeper context, I can extend this into a sector overlay comparison or a peer benchmarking analysis to highlight its relative strength against other IT service peers.