PNBHOUSING - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | PNBHOUSING | Market Cap | 21,001 Cr. | Current Price | 806 ₹ | High / Low | 1,142 ₹ |
| Stock P/E | 9.35 | Book Value | 690 ₹ | Dividend Yield | 0.62 % | ROCE | 9.46 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 839 ₹ | DMA 200 | 887 ₹ |
| Chg in FII Hold | -1.39 % | Chg in DII Hold | 2.34 % | PAT Qtr | 521 Cr. | PAT Prev Qtr | 626 Cr. |
| RSI | 48.6 | MACD | -21.3 | Volume | 10,50,686 | Avg Vol 1Wk | 9,05,337 |
| Low price | 730 ₹ | High price | 1,142 ₹ | PEG Ratio | 0.28 | Debt to equity | 3.62 |
| 52w Index | 18.6 % | Qtr Profit Var | 10.5 % | EPS | 86.3 ₹ | Industry PE | 14.1 |
📊 Chart & Trend Analysis: PIIND is trading at ₹2,931, below both its 50 DMA (₹3,119) and 200 DMA (₹3,430), reflecting bearish momentum. RSI at 37.2 indicates the stock is approaching oversold territory. MACD at -62.2 confirms bearish divergence. Bollinger Bands show price leaning toward the lower band, with support near ₹2,840 and resistance around ₹3,100–₹3,200.
📈 Momentum & Volume: Current volume (2,55,794) is slightly above the 1-week average (2,38,350), showing mild participation. Momentum remains weak, with no strong reversal signals yet.
🔑 Entry & Exit Zones:
- Optimal Entry: ₹2,850–₹2,950 (near support)
- Resistance Levels: ₹3,100 (short-term), ₹3,430 (medium-term)
- Exit Zone: ₹3,050–₹3,200 if momentum improves
📌 Trend Status: The stock is currently reversing downward with bearish bias, struggling to hold above support zones.
Positive
- Strong ROCE (25.4%) and ROE (19.7%) highlight operational efficiency.
- EPS of ₹107 reflects solid earnings power.
- PEG ratio of 0.86 suggests fair valuation relative to growth.
- Debt-to-equity ratio at 0.00 indicates zero leverage risk.
Limitation
- Quarterly PAT declined to ₹298 Cr. vs ₹491 Cr. (-29.6%).
- Trading below both 50 DMA and 200 DMA reflects weak technical strength.
- FII holding decreased (-0.45%), showing reduced foreign investor confidence.
Company Negative News
- Sharp quarterly profit decline (-29.6%) impacts sentiment.
- Stock has corrected significantly from its 52-week high of ₹4,330.
Company Positive News
- DII holding increased (+0.68%), signaling domestic institutional support.
- Strong fundamentals with high ROCE/ROE and zero debt profile.
Industry
- Industry PE at 22.2 is lower than PIIND’s PE of 27.1, suggesting slight overvaluation relative to peers.
- Agrochemicals and specialty chemicals sector remains growth-oriented, supported by global demand and innovation in crop protection.
Conclusion
⚖️ PIIND shows strong fundamentals with high ROCE/ROE, solid EPS, and zero debt, but technicals remain weak with bearish momentum and profit decline. The stock is reversing downward near support levels. A cautious entry around ₹2,850–₹2,950 may be considered with exit targets near ₹3,050–₹3,200 if momentum improves. Long-term investors may find PIIND appealing for growth, but should monitor profitability trends and valuation relative to peers.
Would you like me to extend this into a peer benchmarking overlay comparing PIIND against agrochemical peers like UPL, Bayer CropScience, and Sumitomo Chemical to highlight relative strength and margin-of-safety clarity?