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PATANJALI - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.7

Last Updated Time : 24 May 26, 10:34 pm

Technical Rating: 3.7

Stock Code PATANJALI Market Cap 50,439 Cr. Current Price 464 ₹ High / Low 654 ₹
Stock P/E 30.0 Book Value 111 ₹ Dividend Yield 0.76 % ROCE 15.6 %
ROE 12.1 % Face Value 2.00 ₹ DMA 50 472 ₹ DMA 200 523 ₹
Chg in FII Hold -1.62 % Chg in DII Hold -0.98 % PAT Qtr 624 Cr. PAT Prev Qtr 517 Cr.
RSI 50.3 MACD -2.00 Volume 16,49,629 Avg Vol 1Wk 38,32,168
Low price 438 ₹ High price 654 ₹ PEG Ratio 1.73 Debt to equity 0.24
52w Index 12.0 % Qtr Profit Var 68.2 % EPS 15.2 ₹ Industry PE 20.6

📊 Chart Analysis: PATANJALI trades at ₹464, slightly below its 50 DMA (₹472) and 200 DMA (₹523), showing weak technical positioning. RSI at 50.3 is neutral, while MACD at -2.00 indicates mild bearish momentum. Bollinger Bands suggest consolidation with price hovering near the mid-range. Current volume (16,49,629) is significantly below the weekly average (38,32,168), reflecting reduced participation.

📈 Momentum Signals: Short-term momentum is neutral to slightly bearish, supported by price weakness below moving averages and negative MACD. RSI suggests balance between buyers and sellers, with limited upside unless volumes improve.

💹 Entry & Exit Zones:

  • Entry Zone: ₹450–₹470 (near support levels)
  • 📉 Stop-Loss: ₹440 (below recent support)
  • 🚀 Exit Zone: ₹490–₹510 (near 50 DMA resistance)

🔎 Trend Status: The stock is currently consolidating between ₹450–₹510. A breakout above ₹523 (200 DMA) could trigger bullish momentum, while a drop below ₹440 may signal reversal to weakness.


Positive

  • 📌 EPS at ₹15.2, showing earnings stability.
  • 📌 PAT improved from ₹517 Cr. to ₹624 Cr., reflecting profitability growth.
  • 📌 ROCE (15.6%) and ROE (12.1%), showing decent capital efficiency.
  • 📌 PEG ratio at 1.73, suggesting fair valuation relative to growth.

Limitation

  • ⚠️ Current price below both 50 DMA and 200 DMA, showing technical weakness.
  • ⚠️ RSI neutral, indicating lack of strong momentum.
  • ⚠️ Dividend yield at 0.76%, modest compared to peers.
  • ⚠️ Volume significantly below average, showing weak participation.

Company Negative News

  • ❌ FII holding decreased (-1.62%), reflecting reduced foreign investor confidence.
  • ❌ DII holding decreased (-0.98%), showing weaker domestic institutional support.

Company Positive News

  • ✅ Quarterly profit variation improved (+68.2%), showing strong operational recovery.
  • ✅ EPS at ₹15.2, reflecting stable earnings per share.

Industry

  • 🏭 Industry PE at 20.6, lower than PATANJALI’s P/E (30.0), suggesting premium pricing.
  • 🏭 FMCG and consumer goods sector demand supported by rising health-conscious consumption trends in India.

Conclusion

📌 PATANJALI is consolidating with neutral technical signals and moderate fundamentals. Entry near ₹450–₹470 offers limited short-term opportunity, with resistance at ₹490–₹510 as the next target. Long-term investors should be cautious due to valuation premium and weak institutional support, while short-term traders may benefit from consolidation breakouts.

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