PGHH - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | PGHH | Market Cap | 31,123 Cr. | Current Price | 9,580 ₹ | High / Low | 14,540 ₹ |
| Stock P/E | 36.2 | Book Value | 287 ₹ | Dividend Yield | 1.77 % | ROCE | 104 % |
| ROE | 75.7 % | Face Value | 10.0 ₹ | DMA 50 | 10,166 ₹ | DMA 200 | 11,781 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | -0.07 % | PAT Qtr | 301 Cr. | PAT Prev Qtr | 210 Cr. |
| RSI | 36.7 | MACD | -140 | Volume | 19,480 | Avg Vol 1Wk | 12,031 |
| Low price | 8,979 ₹ | High price | 14,540 ₹ | PEG Ratio | -43.1 | Debt to equity | 0.00 |
| 52w Index | 10.8 % | Qtr Profit Var | 12.2 % | EPS | 265 ₹ | Industry PE | 44.0 |
📈 Trend Analysis: PGHH is trading at ₹9,580, below both the 50 DMA (₹10,166) and 200 DMA (₹11,781), indicating a bearish undertone. The stock has corrected sharply from its 52-week high of ₹14,540 and is hovering near support levels.
📊 RSI: At 36.7, RSI suggests the stock is approaching oversold territory, which may limit further downside and hint at a potential base formation.
📉 MACD: Negative MACD (-140) confirms bearish momentum, aligning with weak price action below moving averages.
📌 Bollinger Bands: Price is near the lower band, signaling possible consolidation or a short-term rebound if support holds.
🔎 Volume Trends: Current volume (19,480) is higher than the 1-week average (12,031), showing increased participation during the decline, which reflects selling pressure.
💡 Momentum Signals: Short-term momentum is weak. Optimal entry zone lies near ₹9,200–₹9,300 support levels. Exit/resistance zone is around ₹10,000–₹10,200, where selling pressure may emerge.
📌 Market Phase: The stock is reversing from a strong downtrend, attempting to stabilize near support after steep declines.
Positive
- 🚀 Quarterly PAT growth (₹301 Cr vs ₹210 Cr), up 12.2%.
- 📈 Exceptional ROCE (104%) and ROE (75.7%) highlight strong efficiency.
- 💰 Dividend yield of 1.77% adds investor appeal.
- 🔒 Debt-free balance sheet (Debt-to-equity 0.00) ensures financial stability.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, signaling weakness.
- 📉 PEG ratio (-43.1) reflects growth inconsistency.
- 🔎 EPS of ₹265 is solid, but valuations remain stretched relative to industry.
Company Negative News
- 📉 FII holdings decreased by 0.09% and DII holdings by 0.07%, showing reduced institutional interest.
- ⚠️ Sharp correction from 52-week high (₹14,540) to current levels highlights investor caution.
Company Positive News
- 📈 Quarterly PAT growth of 12.2% highlights operational improvement.
- 💡 Strong ROCE and ROE metrics reinforce efficiency.
- 🔒 Debt-free structure ensures long-term stability.
Industry
- 🏭 Industry PE at 44.0, slightly higher than PGHH’s 36.2, suggesting fair valuation relative to peers.
- 📊 Sector benefits from FMCG demand resilience, though PGHH faces margin pressures.
Conclusion
⚖️ PGHH is reversing from a steep downtrend, supported by strong fundamentals but facing weak technicals. Debt-free balance sheet and high efficiency metrics provide long-term strength, but reduced institutional interest and sharp price correction limit near-term upside. Strategy: consider entry near ₹9,200–₹9,300 support zones and book profits around ₹10,000–₹10,200 resistance. The stock is reversing with cautious optimism, awaiting stronger momentum for a sustained recovery.