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PIDILITIND - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.8

Last Updated Time : 19 Mar 26, 08:58 pm

Technical Rating: 3.8

Stock Code PIDILITIND Market Cap 1,39,594 Cr. Current Price 1,372 ₹ High / Low 1,575 ₹
Stock P/E 60.6 Book Value 92.8 ₹ Dividend Yield 0.73 % ROCE 30.5 %
ROE 23.2 % Face Value 1.00 ₹ DMA 50 1,445 ₹ DMA 200 1,474 ₹
Chg in FII Hold -0.07 % Chg in DII Hold 0.06 % PAT Qtr 607 Cr. PAT Prev Qtr 586 Cr.
RSI 41.3 MACD -28.4 Volume 5,69,775 Avg Vol 1Wk 5,96,519
Low price 1,325 ₹ High price 1,575 ₹ PEG Ratio 2.97 Debt to equity 0.03
52w Index 18.8 % Qtr Profit Var 13.5 % EPS 22.4 ₹ Industry PE 25.7

📊 Technical Analysis

  • Chart Patterns: Stock is trading below both 50-DMA (₹1,445) and 200-DMA (₹1,474), showing weakness and mild downtrend.
  • Moving Averages: Current price ₹1,372 is under both DMAs, confirming bearish bias.
  • RSI: 41.3 — neutral zone, leaning toward weakness.
  • MACD: -28.4 — bearish crossover, momentum weak.
  • Bollinger Bands: Price near lower band, suggesting possible mean reversion.
  • Volume Trends: Current volume (5.7L) slightly below 1-week average (6.0L), showing reduced participation.

📈 Momentum & Signals

  • Short-term Momentum: Weak, consolidation with bearish undertone.
  • Entry Zone: ₹1,325–₹1,372 (support levels).
  • Exit Zone: ₹1,445–₹1,474 (resistance levels).
  • Trend Status: Stock is consolidating with bearish bias.

✅ Positive

  • Strong ROCE (30.5%) and ROE (23.2%), showing efficient capital use.
  • Low debt-to-equity (0.03), financially stable.
  • Quarterly PAT growth (₹607 Cr vs ₹586 Cr), showing earnings improvement.

⚠️ Limitation

  • High P/E (60.6) compared to industry average (25.7), overvalued relative to peers.
  • PEG ratio of 2.97 suggests expensive valuation relative to growth.
  • Weak technical momentum below key moving averages.

📰 Company Negative News

  • FII holdings decreased (-0.07%), showing reduced foreign investor confidence.
  • Stock underperforming relative to 52-week high (₹1,575).

🌟 Company Positive News

  • DII holdings increased slightly (+0.06%), showing domestic institutional support.
  • Quarterly profit variance +13.5% YoY indicates growth momentum.

🏭 Industry

  • Industry P/E at 25.7, much lower than company’s valuation, suggesting sector peers may be more attractively priced.
  • Consumer goods sector remains resilient with steady demand outlook.

🔎 Conclusion

  • Stock is consolidating near support with weak momentum.
  • Short-term traders may consider entry near ₹1,325–₹1,372 with exit around ₹1,445–₹1,474.
  • Medium-term investors should be cautious due to high valuation despite strong fundamentals.

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