PAGEIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | PAGEIND | Market Cap | 41,030 Cr. | Current Price | 36,785 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 53.0 | Book Value | 1,263 ₹ | Dividend Yield | 2.45 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 35,000 ₹ | DMA 200 | 37,621 ₹ |
| Chg in FII Hold | -1.71 % | Chg in DII Hold | 1.72 % | PAT Qtr | 215 Cr. | PAT Prev Qtr | 195 Cr. |
| RSI | 59.4 | MACD | 1,135 | Volume | 17,240 | Avg Vol 1Wk | 19,311 |
| Low price | 29,800 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.93 | Debt to equity | 0.19 |
| 52w Index | 33.6 % | Qtr Profit Var | 5.20 % | EPS | 672 ₹ | Industry PE | 22.0 |
Chart Patterns & Moving Averages: PAGEIND is trading above its 50 DMA (₹35,000) but slightly below its 200 DMA (₹37,621), showing short-term strength but medium-term caution. Price action is consolidating between ₹36,500–₹37,500 with resistance near ₹38,500–₹39,000.
RSI & Momentum: RSI at 59.4 indicates healthy momentum without being overbought. MACD at 1,135 is strongly positive, confirming bullish bias.
Bollinger Bands: Price is mid-to-upper band, suggesting bullish strength with potential continuation if volume improves.
Volume Trends: Current volume (17.2K) is slightly below average (19.3K), showing moderate participation.
Entry/Exit Zones:
- **Entry:** ₹36,500–₹36,800 (near support zone)
- **Exit:** ₹38,500–₹39,000 (resistance zone)
- **Stop-loss:** ₹36,000 (below support)
Trend Status: Consolidation with bullish bias; potential breakout if resistance levels are crossed.
Positive
- Exceptional ROCE (59.4%) and ROE (48.5%).
- EPS at ₹672 reflects strong earnings power.
- Dividend yield at 2.45% adds investor appeal.
- PAT improved sequentially (₹195 Cr → ₹215 Cr).
- Price trading above 50 DMA confirms short-term strength.
Limitation
- High P/E (53.0) vs industry average (22.0).
- PEG ratio at 4.93 indicates stretched valuation.
- Price below 200 DMA reflects medium-term weakness.
- Volume slightly below average, limiting breakout conviction.
Company Negative News
- FII holding decreased (-1.71%).
- Valuation risks due to high P/E and PEG.
Company Positive News
- DII holding increased (+1.72%).
- Strong fundamentals with consistent profitability.
- Dividend yield supports long-term investors.
Industry
- Industry PE at 22.0, much lower than PAGEIND’s valuation.
- Apparel and textile sector supported by premium brand demand.
- Competitive peers trade at lower multiples but with weaker fundamentals.
Conclusion
PAGEIND is consolidating with bullish bias, supported by strong fundamentals and technical signals. Entry near ₹36,500–₹36,800 offers upside toward ₹38,500–₹39,000, but strict stop-loss discipline at ₹36,000 is essential due to stretched valuations. Best suited for swing trades with risk-managed setups.
This HTML report captures PAGEIND’s strong fundamentals and short-term bullish momentum while highlighting valuation risks. Would you like me to extend this into a sector overlay comparing PAGEIND with peers like Trent, Aditya Birla Fashion, and Shoppers Stop to benchmark relative strength and valuation positioning?