⚠ 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.
PETRONET - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | PETRONET | Market Cap | 43,687 Cr. | Current Price | 291 ₹ | High / Low | 326 ₹ |
| Stock P/E | 12.2 | Book Value | 137 ₹ | Dividend Yield | 3.43 % | ROCE | 26.2 % |
| ROE | 21.4 % | Face Value | 10.0 ₹ | DMA 50 | 292 ₹ | DMA 200 | 290 ₹ |
| Chg in FII Hold | -1.73 % | Chg in DII Hold | 1.80 % | PAT Qtr | 848 Cr. | PAT Prev Qtr | 806 Cr. |
| RSI | 48.7 | MACD | -2.20 | Volume | 35,81,817 | Avg Vol 1Wk | 44,62,738 |
| Low price | 264 ₹ | High price | 326 ₹ | PEG Ratio | 2.37 | Debt to equity | 0.12 |
| 52w Index | 44.1 % | Qtr Profit Var | -2.16 % | EPS | 23.8 ₹ | Industry PE | 14.4 |
📊 Technical Analysis
- Chart Patterns: Stock is trading close to both 50-DMA (₹292) and 200-DMA (₹290), showing sideways consolidation.
- Moving Averages: Current price ₹291 is almost aligned with both DMAs, indicating neutral trend.
- RSI: 48.7 — neutral zone, neither overbought nor oversold.
- MACD: -2.20 — slight bearish crossover, weak momentum.
- Bollinger Bands: Price near mid-band, suggesting consolidation.
- Volume Trends: Current volume (35.8L) below 1-week average (44.6L), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Neutral to weak, consolidation phase.
- Entry Zone: ₹264–₹291 (support levels).
- Exit Zone: ₹292–₹326 (resistance levels).
- Trend Status: Stock is consolidating with mild bearish bias.
✅ Positive
- Strong ROCE (26.2%) and ROE (21.4%) indicate efficient capital use.
- Low debt-to-equity (0.12), financially stable.
- Dividend yield of 3.43% provides steady income.
⚠️ Limitation
- PEG ratio of 2.37 suggests limited growth relative to valuation.
- Quarterly profit variance -2.16% shows slight earnings decline.
- MACD negative, momentum weak.
📰 Company Negative News
- FII holdings decreased (-1.73%), showing reduced foreign investor confidence.
- Quarterly PAT declined marginally (₹848 Cr vs ₹806 Cr previous quarter).
🌟 Company Positive News
- DII holdings increased (+1.80%), showing domestic institutional support.
- Stable EPS of ₹23.8 and strong cash generation.
🏭 Industry
- Industry P/E at 14.4, slightly higher than company’s P/E (12.2), suggesting Petronet is undervalued relative to peers.
- Energy sector remains resilient with steady demand outlook.
🔎 Conclusion
- Stock is consolidating near support levels with neutral momentum.
- Short-term traders may consider entry near ₹264–₹291 with exit around ₹292–₹326.
- Medium-term investors may hold for dividend yield and undervaluation relative to industry peers.