⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
PERSISTENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | PERSISTENT | Market Cap | 74,134 Cr. | Current Price | 4,700 ₹ | High / Low | 6,599 ₹ |
| Stock P/E | 47.1 | Book Value | 420 ₹ | Dividend Yield | 0.74 % | ROCE | 28.4 % |
| ROE | 20.9 % | Face Value | 5.00 ₹ | DMA 50 | 5,344 ₹ | DMA 200 | 5,633 ₹ |
| Chg in FII Hold | 1.55 % | Chg in DII Hold | -0.80 % | PAT Qtr | 452 Cr. | PAT Prev Qtr | 459 Cr. |
| RSI | 35.8 | MACD | -267 | Volume | 7,98,072 | Avg Vol 1Wk | 6,02,694 |
| Low price | 4,149 ₹ | High price | 6,599 ₹ | PEG Ratio | 2.42 | Debt to equity | 0.05 |
| 52w Index | 22.5 % | Qtr Profit Var | 38.7 % | EPS | 96.4 ₹ | Industry PE | 20.9 |
📊 Technical Analysis
- Chart Patterns: Stock is trading near support at ₹4,149, resistance at ₹5,344 (DMA 50) and ₹5,633 (DMA 200). Downtrend visible.
- Moving Averages: Current price ₹4,700 is below both 50-DMA and 200-DMA, confirming bearish momentum.
- RSI: 35.8 — oversold territory, potential for short-term rebound.
- MACD: -267 — strong bearish crossover, momentum weak.
- Bollinger Bands: Price near lower band, suggesting possible mean reversion.
- Volume Trends: Current volume (7.9L) above 1-week average (6.0L), indicating selling pressure but also active trading interest.
📈 Momentum & Signals
- Short-term Momentum: Weak, oversold RSI may trigger bounce.
- Entry Zone: ₹4,150–₹4,700 (near support).
- Exit Zone: ₹5,344–₹5,633 (resistance levels).
- Trend Status: Stock is consolidating with bearish bias, not yet reversing.
✅ Positive
- Strong ROCE (28.4%) and ROE (20.9%) indicate efficient capital use.
- Low debt-to-equity (0.05), financially sound balance sheet.
- EPS of ₹96.4 shows solid earnings base.
⚠️ Limitation
- High P/E (47.1) compared to industry average (20.9), overvalued relative to peers.
- Weak technical momentum below key moving averages.
- Quarterly PAT slightly declined (₹452 Cr vs ₹459 Cr).
📰 Company Negative News
- Quarterly profit dipped marginally, showing near-term earnings pressure.
- DII holdings decreased (-0.80%), indicating reduced domestic institutional support.
🌟 Company Positive News
- FII holdings increased (+1.55%), showing foreign investor confidence.
- Quarterly profit variance +38.7% YoY indicates strong growth trend.
🏭 Industry
- Industry P/E at 20.9, much lower than company’s valuation, suggesting sector peers may be more attractively priced.
- IT services sector remains strong with digital transformation demand.
🔎 Conclusion
- Stock is consolidating near support with weak momentum.
- Short-term traders may consider entry near ₹4,150–₹4,700 with exit around ₹5,344–₹5,633.
- Medium-term investors should wait for reversal confirmation above 200-DMA (₹5,633).