PIDILITIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | PIDILITIND | Market Cap | 1,40,015 Cr. | Current Price | 1,376 ₹ | High / Low | 1,575 ₹ |
| Stock P/E | 60.8 | Book Value | 92.8 ₹ | Dividend Yield | 0.73 % | ROCE | 30.5 % |
| ROE | 23.2 % | Face Value | 1.00 ₹ | DMA 50 | 1,389 ₹ | DMA 200 | 1,445 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | 0.35 % | PAT Qtr | 607 Cr. | PAT Prev Qtr | 586 Cr. |
| RSI | 50.1 | MACD | 6.47 | Volume | 13,61,012 | Avg Vol 1Wk | 6,57,096 |
| Low price | 1,259 ₹ | High price | 1,575 ₹ | PEG Ratio | 2.98 | Debt to equity | 0.03 |
| 52w Index | 36.9 % | Qtr Profit Var | 13.5 % | EPS | 22.4 ₹ | Industry PE | 28.9 |
Chart Patterns & Moving Averages: PIDILITIND is trading slightly below its 50 DMA (₹1,389) and 200 DMA (₹1,445), showing short-term weakness and medium-term caution. Price action indicates support near ₹1,360–₹1,375 and resistance around ₹1,430–₹1,450.
RSI & Momentum: RSI at 50.1 reflects neutral momentum. MACD at 6.47 is mildly bullish, suggesting limited upward bias.
Bollinger Bands: Price is mid-band, reflecting consolidation with no clear breakout signals.
Volume Trends: Current volume (13.6L) is significantly above average (6.6L), showing strong participation and accumulation interest.
Entry/Exit Zones:
- **Entry:** ₹1,360–₹1,375 (near support zone)
- **Exit:** ₹1,430–₹1,450 (resistance zone)
- **Stop-loss:** ₹1,350 (below support)
Trend Status: Consolidation phase with mild bullish bias; reversal signals absent but fundamentals remain strong.
Positive
- Strong ROCE (30.5%) and ROE (23.2%).
- EPS at ₹22.4 supports earnings strength.
- PEG ratio at 2.98 indicates growth potential despite valuation risk.
- Debt-to-equity ratio very low (0.03).
- PAT growth quarter-on-quarter (₹586 Cr → ₹607 Cr).
Limitation
- Price below both DMA 50 and DMA 200 reflects weakness.
- High P/E (60.8) vs industry average (28.9).
- Dividend yield modest (0.73%).
- RSI neutral, lacking strong momentum signals.
Company Negative News
- FII holding decreased (-0.26%).
- Valuation stretched compared to peers.
- Weak short-term momentum despite strong fundamentals.
Company Positive News
- PAT growth quarter-on-quarter.
- DII holding increased (+0.35%).
- Strong fundamentals with high efficiency ratios.
- Price recovery from 52-week low (₹1,259).
Industry
- Industry PE at 28.9, much lower than PIDILITIND’s valuation.
- Specialty chemicals sector supported by demand growth.
- Competitive peers with lower valuations but weaker ROE/ROCE.
Conclusion
PIDILITIND is consolidating with neutral momentum but strong fundamentals. Entry near ₹1,360–₹1,375 offers upside toward ₹1,430–₹1,450, but strict stop-loss discipline at ₹1,350 is essential. Suitable for disciplined swing trades; long-term investors should remain cautious due to stretched valuations.
This HTML report captures PIDILITIND’s consolidation phase with strong fundamentals but valuation risks. Would you like me to extend this into a peer benchmarking overlay vs Asian Paints, Berger Paints, and Kansai Nerolac to highlight relative strength and valuation positioning?