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PNBHOUSING - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.9

Last Updated Time : 24 May 26, 10:34 pm

Technical Rating: 3.9

Stock Code PNBHOUSING Market Cap 27,633 Cr. Current Price 1,060 ₹ High / Low 1,142 ₹
Stock P/E 11.9 Book Value 738 ₹ Dividend Yield 0.47 % ROCE 9.46 %
ROE 12.3 % Face Value 10.0 ₹ DMA 50 967 ₹ DMA 200 912 ₹
Chg in FII Hold -0.62 % Chg in DII Hold 1.05 % PAT Qtr 649 Cr. PAT Prev Qtr 521 Cr.
RSI 62.3 MACD 36.5 Volume 11,60,502 Avg Vol 1Wk 11,31,579
Low price 730 ₹ High price 1,142 ₹ PEG Ratio 0.36 Debt to equity 2.76
52w Index 80.1 % Qtr Profit Var 14.4 % EPS 89.4 ₹ Industry PE 15.6

📊 Chart Analysis: PNBHOUSING trades at ₹1,060, above both its 50 DMA (₹967) and 200 DMA (₹912), showing strong technical positioning. RSI at 62.3 is moderately high, nearing overbought territory, while MACD at 36.5 indicates bullish momentum. Bollinger Bands suggest heightened volatility with price near the upper band. Current volume (11,60,502) is slightly above the weekly average (11,31,579), reflecting steady participation.

📈 Momentum Signals: Short-term momentum is positive, supported by price stability above both moving averages and a strong MACD signal. RSI suggests caution for new entries as the stock approaches overbought levels.

💹 Entry & Exit Zones:

  • Entry Zone: ₹1,030–₹1,060 (near 50 DMA support)
  • 📉 Stop-Loss: ₹1,000 (below key support)
  • 🚀 Exit Zone: ₹1,100–₹1,140 (near resistance levels)

🔎 Trend Status: The stock is currently trending upward with strong momentum. A breakout above ₹1,140 could extend bullish momentum, while a drop below ₹1,000 may signal consolidation.


Positive

  • 📌 Price above both 50 DMA and 200 DMA, showing strong technical strength.
  • 📌 EPS at ₹89.4, reflecting solid earnings.
  • 📌 PAT improved from ₹521 Cr. to ₹649 Cr., showing profitability growth.
  • 📌 DII holding increased (+1.05%), reflecting strong domestic institutional support.

Limitation

  • ⚠️ Debt-to-equity ratio at 2.76, indicating high leverage risk.
  • ⚠️ RSI at 62.3 nearing overbought levels, raising caution for new entries.
  • ⚠️ Dividend yield at 0.47%, modest compared to peers.

Company Negative News

  • ❌ FII holding decreased (-0.62%), reflecting reduced foreign investor confidence.

Company Positive News

  • ✅ Quarterly profit variation improved (+14.4%), showing operational strength.
  • ✅ EPS at ₹89.4, indicating strong earnings per share.

Industry

  • 🏭 Industry PE at 15.6, slightly higher than PNBHOUSING’s P/E (11.9), suggesting undervaluation relative to peers.
  • 🏭 Housing finance sector demand supported by rising credit growth and real estate expansion in India.

Conclusion

📌 PNBHOUSING is trending upward with strong fundamentals and technical support. Entry near ₹1,030–₹1,060 offers favorable risk-reward, with resistance at ₹1,100–₹1,140 as the next target. Long-term investors may benefit from its undervaluation relative to industry and strong EPS, while short-term traders should watch RSI levels and debt risks for potential consolidation signals.

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