PGEL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | PGEL | Market Cap | 15,250 Cr. | Current Price | 534 ₹ | High / Low | 898 ₹ |
| Stock P/E | 122 | Book Value | 91.5 ₹ | Dividend Yield | 0.05 % | ROCE | 6.83 % |
| ROE | 4.87 % | Face Value | 1.00 ₹ | DMA 50 | 541 ₹ | DMA 200 | 589 ₹ |
| Chg in FII Hold | -0.84 % | Chg in DII Hold | 1.83 % | PAT Qtr | 31.6 Cr. | PAT Prev Qtr | 38.7 Cr. |
| RSI | 49.5 | MACD | 7.90 | Volume | 48,40,479 | Avg Vol 1Wk | 28,64,399 |
| Low price | 437 ₹ | High price | 898 ₹ | PEG Ratio | 3.29 | Debt to equity | 0.02 |
| 52w Index | 21.1 % | Qtr Profit Var | 31.7 % | EPS | 4.40 ₹ | Industry PE | 45.1 |
Chart Patterns & Moving Averages: PGEL is trading below both its 50 DMA (₹541) and 200 DMA (₹589), showing weakness in medium-term trend. Price action is consolidating between ₹520–₹560 with resistance near ₹580–₹600.
RSI & Momentum: RSI at 49.5 indicates neutral momentum. MACD at 7.90 is mildly bullish, suggesting short-term recovery attempts.
Bollinger Bands: Price is mid-band, reflecting consolidation with limited breakout signals.
Volume Trends: Current volume (48.4L) is significantly above average (28.6L), showing strong participation, possibly speculative.
Entry/Exit Zones:
- **Entry:** ₹520–₹534 (near support zone)
- **Exit:** ₹580–₹600 (resistance zone)
- **Stop-loss:** ₹510 (below support)
Trend Status: Consolidation with weak fundamentals; short-term momentum signals are positive but fragile.
Positive
- EPS at ₹4.40 remains positive.
- PEG ratio at 3.29 indicates growth potential despite stretched valuation.
- DII holding increased (+1.83%).
- Debt-to-equity ratio very low (0.02), showing balance sheet stability.
- Price recovery from 52-week low (₹437).
Limitation
- Extremely high P/E (122) vs industry average (45.1).
- Weak ROCE (6.83%) and ROE (4.87%).
- Dividend yield negligible (0.05%).
- Trading below both DMA 50 and DMA 200, showing weak medium-term trend.
Company Negative News
- PAT declined from ₹38.7 Cr to ₹31.6 Cr.
- FII holding decreased (-0.84%).
- Valuation stretched with limited earnings support.
Company Positive News
- Quarterly profit variation improved (+31.7%).
- DII inflows show domestic institutional confidence.
- Price trading near support zone indicates short-term recovery potential.
Industry
- Industry PE at 45.1, much lower than PGEL’s valuation.
- Consumer electronics sector supported by demand growth but competitive pressures remain.
- Peers offer stronger ROE/ROCE metrics.
Conclusion
PGEL is consolidating with weak fundamentals and stretched valuations. Entry near ₹520–₹534 offers limited upside toward ₹580–₹600, but strict stop-loss discipline at ₹510 is essential. Suitable only for speculative swing trades; long-term investors should remain cautious until fundamentals improve.
This HTML report highlights PGEL’s speculative setup with weak fundamentals and valuation risks. Would you like me to add a peer benchmarking overlay vs Dixon, Amber, and other consumer electronics players to see relative strength and valuation positioning?