NAVA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | NAVA | Market Cap | 18,730 Cr. | Current Price | 662 ₹ | High / Low | 737 ₹ |
| Stock P/E | 35.2 | Book Value | 132 ₹ | Dividend Yield | 1.21 % | ROCE | 13.6 % |
| ROE | 10.9 % | Face Value | 1.00 ₹ | DMA 50 | 607 ₹ | DMA 200 | 575 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | 0.14 % | PAT Qtr | 136 Cr. | PAT Prev Qtr | 157 Cr. |
| RSI | 60.0 | MACD | 27.3 | Volume | 3,47,484 | Avg Vol 1Wk | 4,14,012 |
| Low price | 416 ₹ | High price | 737 ₹ | PEG Ratio | -90.4 | Debt to equity | 0.00 |
| 52w Index | 76.6 % | Qtr Profit Var | 169 % | EPS | 18.7 ₹ | Industry PE | 31.0 |
📈 Chart & Trend: NAVA is trading above both its 50 DMA (607 ₹) and 200 DMA (575 ₹), confirming short-term bullish strength. RSI at 60.0 indicates mildly overbought conditions, while MACD at 27.3 shows a strong bullish crossover. Bollinger Bands are moderately expanded, suggesting active volatility and continuation of trend. The stock is trending upward but showing signs of consolidation near resistance.
🔎 Momentum Signals: Short-term momentum remains positive with price holding above support. Strong support lies at 650–655 ₹, while resistance is seen at 700–720 ₹. Entry zone: 650–660 ₹. Exit zone: 700–720 ₹.
📊 Volume Trends: Current volume (3.47 lakh) is below the 1-week average (4.14 lakh), indicating reduced participation and possible consolidation despite bullish signals.
Positive
- Debt-free balance sheet (0.00 debt-to-equity) ensures financial stability.
- EPS of 18.7 ₹ supports earnings visibility.
- FII (+0.25%) and DII (+0.14%) holdings increased, showing institutional confidence.
- Stock trading above both 50 DMA and 200 DMA indicates momentum strength.
Limitation
- High P/E (35.2) compared to industry average (31.0) suggests overvaluation.
- Modest ROCE (13.6%) and ROE (10.9%) limit efficiency.
- Quarterly PAT declined (136 Cr. vs 157 Cr.), showing earnings weakness.
- PEG ratio (−90.4) signals distorted growth valuation.
Company Negative News
- Recent quarterly profit decline raises concerns about growth momentum.
Company Positive News
- Debt-free structure provides financial resilience.
- Institutional investors increased holdings, reflecting confidence.
Industry
- Industry P/E at 31.0 suggests peers are valued slightly lower.
- Diversified industrial sector remains cyclical, tied to demand and commodity prices.
Conclusion
⚖️ NAVA is trending upward with short-term bullish signals supported by debt-free balance sheet and institutional inflows. Entry near 650–660 ₹ offers favorable risk-reward, while resistance lies at 700–720 ₹. High valuation and declining profits warrant caution, making it suitable for swing trades with disciplined exit strategies.