MPHASIS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | MPHASIS | Market Cap | 43,444 Cr. | Current Price | 2,277 ₹ | High / Low | 3,037 ₹ |
| Stock P/E | 30.4 | Book Value | 339 ₹ | Dividend Yield | 2.50 % | ROCE | 29.2 % |
| ROE | 22.4 % | Face Value | 10.0 ₹ | DMA 50 | 2,334 ₹ | DMA 200 | 2,564 ₹ |
| Chg in FII Hold | -0.28 % | Chg in DII Hold | 0.39 % | PAT Qtr | 372 Cr. | PAT Prev Qtr | 364 Cr. |
| RSI | 48.9 | MACD | 1.94 | Volume | 20,62,239 | Avg Vol 1Wk | 8,84,916 |
| Low price | 2,013 ₹ | High price | 3,037 ₹ | PEG Ratio | 60.9 | Debt to equity | 0.09 |
| 52w Index | 25.8 % | Qtr Profit Var | 0.74 % | EPS | 73.5 ₹ | Industry PE | 21.6 |
📈 Chart & Trend: MPHASIS is trading below its 50 DMA (2,334 ₹) and 200 DMA (2,564 ₹), indicating short-term weakness and consolidation. RSI at 48.9 reflects neutral-to-bearish momentum, while MACD at 1.94 shows a mild positive crossover. Bollinger Bands remain moderately tight, suggesting limited volatility.
🔎 Momentum Signals: Short-term momentum is weak with price struggling to hold above support. Key support lies at 2,200–2,240 ₹, while resistance is seen at 2,350–2,400 ₹. Entry zone: 2,200–2,240 ₹. Exit zone: 2,350–2,400 ₹.
📊 Volume Trends: Current volume (20.6 lakh) is significantly higher than the 1-week average (8.8 lakh), indicating strong trading activity but also potential volatility.
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 2.50% provides steady shareholder returns.
- Quarterly PAT growth (372 Cr. vs 364 Cr.) shows earnings improvement.
Limitation
- PEG ratio of 60.9 indicates extreme overvaluation relative to growth.
- Stock trading below both 50 DMA and 200 DMA signals weakness.
- 52-week index at 25.8% shows underperformance compared to broader market.
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 21.6 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 2,200–2,240 ₹ with profit booking around 2,350–2,400 ₹.