NTPCGREEN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | NTPCGREEN | Market Cap | 92,563 Cr. | Current Price | 110 ₹ | High / Low | 120 ₹ |
| Stock P/E | 179 | Book Value | 22.2 ₹ | Dividend Yield | 0.00 % | ROCE | 6.42 % |
| ROE | 3.95 % | Face Value | 10.0 ₹ | DMA 50 | 101 ₹ | DMA 200 | 99.2 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 0.27 % | PAT Qtr | 60.3 Cr. | PAT Prev Qtr | 86.0 Cr. |
| RSI | 56.6 | MACD | 4.74 | Volume | 90,40,006 | Avg Vol 1Wk | 1,72,05,172 |
| Low price | 84.0 ₹ | High price | 120 ₹ | Debt to equity | 0.42 | 52w Index | 71.9 % |
| Qtr Profit Var | -32.6 % | EPS | 0.61 ₹ | Industry PE | 31.0 |
📈 Chart & Trend: NTPCGREEN is trading above its 50 DMA (101 ₹) and 200 DMA (99.2 ₹), confirming short-term bullish momentum. RSI at 56.6 reflects neutral-to-positive momentum, while MACD at 4.74 shows a bullish crossover. Bollinger Bands are moderately expanded, suggesting active volatility but not extreme pressure.
🔎 Momentum Signals: Short-term momentum is mildly positive. Strong support lies at 106–108 ₹, while resistance is seen at 115–118 ₹. Entry zone: 106–108 ₹. Exit zone: 115–118 ₹. A breakout above 118 ₹ could extend toward 120–122 ₹.
📊 Volume Trends: Current volume (90.4 lakh) is significantly below the 1-week average (1.72 Cr.), indicating reduced participation and possible consolidation despite price strength.
Positive
- Trading above both 50 DMA and 200 DMA confirms bullish strength.
- DII holdings increased (+0.27%), showing domestic institutional support.
- Strong sector sentiment with renewable energy focus.
Limitation
- Extremely high P/E (179) compared to industry PE (31.0) indicates steep overvaluation.
- Weak ROE (3.95%) and ROCE (6.42%) highlight poor capital efficiency.
- No dividend yield, limiting shareholder returns.
Company Negative News
- PAT declined from 86 Cr. to 60.3 Cr. (−32.6%).
- EPS remains low at 0.61 ₹, limiting valuation comfort.
Company Positive News
- DII holdings increased (+0.27%), reflecting domestic support.
- Price trading near 52-week high (71.9% index), showing strong investor sentiment.
Industry
- Industry PE at 31.0 highlights NTPCGREEN trades at a steep premium.
- Renewable energy sector outlook remains positive, supported by government initiatives and demand growth.
Conclusion
⚖️ NTPCGREEN is trending upward with strong technical signals supported by price above averages. Entry near 106–108 ₹ offers favorable risk-reward, while resistance lies at 115–118 ₹. Weak fundamentals, steep valuations, and declining profits limit upside potential. A breakout above 118 ₹ with strong volumes could trigger momentum toward 120–122 ₹, but caution is advised.