NAUKRI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | NAUKRI | Market Cap | 65,231 Cr. | Current Price | 1,006 ₹ | High / Low | 1,550 ₹ |
| Stock P/E | 53.1 | Book Value | 536 ₹ | Dividend Yield | 0.60 % | ROCE | 4.75 % |
| ROE | 3.93 % | Face Value | 2.00 ₹ | DMA 50 | 999 ₹ | DMA 200 | 1,178 ₹ |
| Chg in FII Hold | -1.69 % | Chg in DII Hold | 1.60 % | PAT Qtr | 297 Cr. | PAT Prev Qtr | 282 Cr. |
| RSI | 57.8 | MACD | -9.32 | Volume | 31,91,570 | Avg Vol 1Wk | 61,46,339 |
| Low price | 908 ₹ | High price | 1,550 ₹ | PEG Ratio | 1.98 | Debt to equity | 0.01 |
| 52w Index | 15.2 % | Qtr Profit Var | 19.4 % | EPS | 85.4 ₹ | Industry PE | 25.6 |
📉 NAUKRI is trading slightly above its 50 DMA (₹999) but below the 200 DMA (₹1,178), reflecting short-term strength with medium-term weakness. RSI at 57.8 indicates mild bullish momentum, while MACD is negative (-9.32), showing bearish undertones. Bollinger Bands place price mid-range, suggesting consolidation. Current volume (31.9 lakh) is below average (61.4 lakh), showing reduced participation.
🔑 Short-term momentum signals: Neutral-to-bullish, with potential upside if price sustains above ₹1,020–₹1,050 zone.
🎯 Entry Zone: ₹980–₹1,000 (support region)
🚪 Exit Zone: ₹1,080–₹1,120 (resistance region)
📊 Trend Status: Consolidating with mild bullish bias
Positive
- Trading above 50 DMA supports near-term strength
- RSI above 55 indicates momentum buildup
- Quarterly PAT improved (₹282 Cr. → ₹297 Cr.)
- EPS at ₹85.4 supports valuation strength
- DII holdings increased (+1.60%), showing domestic institutional support
- Debt-to-equity ratio at 0.01 highlights strong balance sheet
Limitation
- Price trading below 200 DMA (₹1,178), showing medium-term weakness
- MACD negative, confirming bearish crossover
- FII holdings decreased (-1.69%), showing reduced foreign confidence
- ROE (3.93%) and ROCE (4.75%) remain weak
- P/E (53.1) significantly higher than industry average (25.6)
- Volume below average, limiting breakout potential
Company Negative News
- Decline in foreign institutional holdings (-1.69%)
- Weak efficiency metrics (ROE and ROCE)
- Valuation stretched compared to industry peers
Company Positive News
- Quarterly PAT improved (+19.4%)
- DII inflows (+1.60%) support investor confidence
- Strong technical support from DMA levels
Industry
- Industry PE at 25.6 highlights sector trading at fair multiples
- Recruitment and HR tech sector supported by digital adoption and hiring demand
Conclusion
⚖️ NAUKRI shows neutral-to-positive technical momentum with RSI above 55 but negative MACD. Entry is favorable near ₹980–₹1,000 with profit booking around ₹1,080–₹1,120. Trend remains consolidative with mild bullish bias unless price sustains above 200 DMA (₹1,178). Fundamentals remain constrained by weak ROE/ROCE and stretched valuations, though PAT growth and DII inflows provide support.
Would you like me to extend this into a peer benchmarking overlay comparing NAUKRI against peers like Info Edge, Indiamart, and JustDial to highlight sector-relative positioning and valuation strength?