PCBL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.0
| Stock Code | PCBL | Market Cap | 11,433 Cr. | Current Price | 291 ₹ | High / Low | 437 ₹ |
| Stock P/E | 46.7 | Book Value | 103 ₹ | Dividend Yield | 2.06 % | ROCE | 8.53 % |
| ROE | 6.29 % | Face Value | 1.00 ₹ | DMA 50 | 280 ₹ | DMA 200 | 318 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.79 % | PAT Qtr | 47.0 Cr. | PAT Prev Qtr | 44.7 Cr. |
| RSI | 56.9 | MACD | 6.84 | Volume | 21,69,764 | Avg Vol 1Wk | 17,28,844 |
| Low price | 226 ₹ | High price | 437 ₹ | PEG Ratio | -2.59 | Debt to equity | 0.65 |
| 52w Index | 30.4 % | Qtr Profit Var | -50.4 % | EPS | 5.99 ₹ | Industry PE | 47.0 |
Chart Patterns & Moving Averages: PCBL is trading above its 50 DMA (₹280) but below its 200 DMA (₹318), showing short-term strength but medium-term weakness. Price action is consolidating between ₹280–₹300 with resistance near ₹315–₹320.
RSI & Momentum: RSI at 56.9 indicates neutral-to-positive momentum. MACD at 6.84 is bullish, suggesting mild upward bias.
Bollinger Bands: Price is mid-to-upper band, reflecting momentum but limited breakout strength.
Volume Trends: Current volume (21.7L) is above average (17.2L), showing strong participation and short-term trading interest.
Entry/Exit Zones:
- **Entry:** ₹285–₹291 (near support zone)
- **Exit:** ₹315–₹320 (resistance zone)
- **Stop-loss:** ₹276 (recent low support)
Trend Status: Consolidation with mild bullish bias; struggling to sustain momentum beyond resistance.
Positive
- Dividend yield at 2.06% adds investor appeal.
- EPS at ₹5.99 supports earnings visibility.
- Strong trading volume above weekly average.
- Price recovery from 52-week low (₹226).
Limitation
- High P/E (46.7) vs industry average (47.0) with weak ROE (6.29%) and ROCE (8.53%).
- PEG ratio negative (-2.59), showing poor growth-adjusted valuation.
- Debt-to-equity ratio at 0.65 indicates moderate leverage.
- Fundamentals remain weak despite short-term technical strength.
Company Negative News
- Quarterly profit variation down (-50.4%).
- FII holding decreased (-0.12%).
Company Positive News
- PAT improved to ₹47 Cr vs ₹44.7 Cr.
- DII holding increased (+0.79%).
- Sector demand outlook remains steady.
Industry
- Industry PE at 47.0, in line with PCBL’s valuation.
- Specialty chemicals sector supported by industrial demand.
- Competitive peers offer stronger ROE/ROCE metrics.
Conclusion
PCBL is consolidating with mild bullish momentum supported by volume strength, but fundamentals remain weak with stretched valuations and declining profitability. Entry near ₹285–₹291 offers limited upside toward ₹315–₹320, but strict stop-loss discipline at ₹276 is essential. Suitable only for cautious swing trades.
This HTML report captures PCBL’s short-term momentum with weak fundamentals. Would you like me to extend this into a long-term investment overlay comparing PCBL with peers like Himadri, Phillips Carbon, and other specialty chemical players for benchmarking?