NTPCGREEN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | NTPCGREEN | Market Cap | 87,946 Cr. | Current Price | 104 ₹ | High / Low | 120 ₹ |
| Stock P/E | 170 | Book Value | 22.2 ₹ | Dividend Yield | 0.00 % | ROCE | 6.42 % |
| ROE | 3.95 % | Face Value | 10.0 ₹ | DMA 50 | 104 ₹ | DMA 200 | 100 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 0.27 % | PAT Qtr | 60.3 Cr. | PAT Prev Qtr | 86.0 Cr. |
| RSI | 44.5 | MACD | 0.30 | Volume | 67,86,006 | Avg Vol 1Wk | 44,93,258 |
| Low price | 84.0 ₹ | High price | 120 ₹ | Debt to equity | 0.42 | 52w Index | 56.7 % |
| Qtr Profit Var | -32.6 % | EPS | 0.61 ₹ | Industry PE | 28.7 |
📈 Chart & Trend: NTPCGREEN is trading at 104 ₹, exactly at its 50 DMA (104 ₹) and above its 200 DMA (100 ₹), reflecting neutral positioning. Support lies at 100–102 ₹, with resistance around 110–112 ₹.
🔎 Momentum Signals: RSI at 44.5 indicates weak momentum leaning bearish. MACD at 0.30 shows a mild positive crossover but lacks strength. Entry zone: 100–102 ₹. Exit zone: 110–112 ₹.
📊 Volume Trends: Current volume (67.9 Lakh) is above the 1-week average (44.9 Lakh), suggesting strong participation despite weak momentum indicators.
📉 Bollinger Bands: Bands are moderately tight, pointing to consolidation with limited volatility expansion.
📌 Trend Status: The stock is consolidating near support levels with weak momentum signals and stretched valuations.
Positive
- Trading above 200 DMA confirms long-term technical strength.
- DII holdings increased (+0.27%), showing domestic institutional support.
- Debt-to-equity ratio of 0.42 indicates moderate leverage.
- 52-week index at 56.7% reflects strong recovery from lows.
Limitation
- Extremely high P/E (170) compared to industry average (28.7) indicates severe overvaluation.
- Weak ROE (3.95%) and ROCE (6.42%) highlight poor capital efficiency.
- Quarterly PAT declined (60.3 Cr. vs 86.0 Cr.), showing earnings pressure.
- No dividend yield, limiting shareholder returns.
- RSI below 50 signals weak momentum.
Company Negative News
- Quarterly profit variation (-32.6%) highlights earnings weakness.
- FII holdings remained flat, showing lack of foreign investor interest.
Company Positive News
- DII holdings increased (+0.27%), reflecting domestic confidence.
- Stock trading near long-term support levels with strong volume participation.
Industry
- Industry PE at 28.7 suggests sector is moderately valued compared to NTPCGREEN’s premium valuation.
- Renewable energy sector benefiting from government push and long-term demand growth.
Conclusion
NTPCGREEN is consolidating near support levels with weak momentum signals. Strong volume and sectoral support provide stability, but stretched valuations and declining profitability limit upside. Best suited for cautious entry near 100–102 ₹ with profit booking around 110–112 ₹.
NTPCGREEN is in a consolidating phase with valuation risks. To deepen the view, I can extend this into a peer benchmarking analysis or a sector overlay comparison to highlight its position against renewable energy peers.