PEL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | PEL | Market Cap | 25,483 Cr. | Current Price | 1,124 ₹ | High / Low | 1,356 ₹ |
| Stock P/E | 61.4 | Book Value | 974 ₹ | Dividend Yield | 0.98 % | ROCE | 4.90 % |
| ROE | 2.31 % | Face Value | 2.00 ₹ | DMA 50 | 1,144 ₹ | DMA 200 | 1,096 ₹ |
| Chg in FII Hold | -0.89 % | Chg in DII Hold | 0.86 % | PAT Qtr | 162 Cr. | PAT Prev Qtr | -23.3 Cr. |
| RSI | 48.4 | MACD | -6.85 | Volume | 0 | Avg Vol 1Wk | 0 |
| Low price | 848 ₹ | High price | 1,356 ₹ | PEG Ratio | -3.22 | Debt to equity | 0.38 |
| 52w Index | 54.4 % | Qtr Profit Var | -28.8 % | EPS | 19.4 ₹ | Industry PE | 21.9 |
📊 Chart Patterns: PEL is trading close to its 50 DMA (1,144 ₹) and slightly above the 200 DMA (1,096 ₹), indicating consolidation. Price action suggests support near 1,100 ₹ and resistance around 1,300–1,350 ₹.
📈 Moving Averages: Current price (1,124 ₹) is hovering near both 50 DMA and 200 DMA → neutral trend.
📉 RSI: 48.4 → Neutral zone, neither overbought nor oversold.
📉 MACD: -6.85 → Bearish crossover, momentum weak.
📊 Bollinger Bands: Price near mid-band, suggesting sideways consolidation with limited volatility.
📊 Volume Trends: Reported volume is 0, making participation unclear. Lack of liquidity signals weak momentum confirmation.
🚀 Momentum Signals: Neutral RSI + weak MACD → cautious outlook, limited upside in near term.
🎯 Entry Zone: 1,080–1,100 ₹ (near support).
🎯 Exit Zone: 1,300–1,350 ₹ (resistance near recent highs).
📌 Trend Status: Consolidating with mild bearish bias.
Positive
- 💡 EPS of 19.4 ₹ supports valuation stability.
- 💡 Dividend yield of 0.98% provides shareholder value.
- 💡 DII holdings increased (+0.86%), showing domestic investor confidence.
- 💡 PAT turned positive (162 Cr. vs -23.3 Cr. previous quarter).
Limitation
- ⚠️ Current price stuck near both 50 DMA and 200 DMA, showing lack of clear trend.
- ⚠️ High P/E ratio (61.4) compared to industry PE (21.9), indicating premium valuation.
- ⚠️ Weak ROCE (4.90%) and ROE (2.31%) reflect poor efficiency.
- ⚠️ PEG ratio negative (-3.22), suggesting weak growth prospects.
Company Negative News
- 📉 FII holdings reduced (-0.89%).
- 📉 Quarterly profit variation -28.8% indicates earnings pressure.
Company Positive News
- 📈 PAT recovery (162 Cr. vs -23.3 Cr. previous quarter).
- 📈 DII holdings increased (+0.86%).
Industry
- 🏭 Industry PE at 21.9 vs stock PE 61.4 → PEL trading at steep premium.
- 🏭 Financial services sector outlook remains steady but competitive.
Conclusion
📌 PEL is consolidating near its moving averages with neutral RSI and weak MACD. Entry around 1,080–1,100 ₹ offers favorable positioning, with exit near 1,300–1,350 ₹. While fundamentals show PAT recovery and dividend support, high valuation and weak efficiency metrics suggest cautious positioning until a breakout above 1,350 ₹ confirms reversal.