PNBHOUSING - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | PNBHOUSING | Market Cap | 20,992 Cr. | Current Price | 805 ₹ | High / Low | 1,142 ₹ |
| Stock P/E | 9.34 | Book Value | 690 ₹ | Dividend Yield | 0.62 % | ROCE | 9.46 % |
| ROE | 12.3 % | Face Value | 10.0 ₹ | DMA 50 | 911 ₹ | DMA 200 | 913 ₹ |
| Chg in FII Hold | -1.39 % | Chg in DII Hold | 2.34 % | PAT Qtr | 521 Cr. | PAT Prev Qtr | 626 Cr. |
| RSI | 28.1 | MACD | -32.8 | Volume | 8,81,720 | Avg Vol 1Wk | 10,96,236 |
| Low price | 746 ₹ | High price | 1,142 ₹ | PEG Ratio | 0.28 | Debt to equity | 3.62 |
| 52w Index | 15.0 % | Qtr Profit Var | 10.5 % | EPS | 86.3 ₹ | Industry PE | 16.7 |
📊 Chart & Trend Analysis: PNBHOUSING is trading at ₹805, below both its 50 DMA (₹911) and 200 DMA (₹913), reflecting a bearish structure. RSI at 28.1 indicates oversold conditions, while MACD (-32.8) confirms strong negative momentum. Bollinger Bands show price near the lower band, suggesting selling pressure. Current volume (8,81,720) is lower than the 1-week average (10,96,236), indicating reduced participation.
📈 Momentum Signals: Short-term momentum remains weak, with RSI in oversold territory and MACD negative. A reversal signal may emerge if RSI climbs above 35 and price sustains above ₹850.
💡 Entry Zone: ₹746–₹780 (support near 52-week low)
🚪 Exit Zone: ₹900–₹930 (resistance near 50 DMA & 200 DMA)
🔎 Trend Status: The stock is consolidating with bearish bias, showing potential reversal only if support holds and RSI recovers.
Positive
- EPS at ₹86.3 reflects strong earnings capacity.
- Dividend yield of 0.62% provides shareholder returns.
- Increase in DII holding (+2.34%) shows domestic institutional support.
- PEG ratio at 0.28 suggests attractive growth-adjusted valuation.
Limitation
- Price trading below both 50 DMA and 200 DMA indicates weak technical strength.
- ROCE (9.46%) and ROE (12.3%) are moderate compared to peers.
- Debt-to-equity ratio at 3.62 indicates high leverage.
- Volume participation is lower than average, limiting momentum.
Company Negative News
- Decline in FII holding (-1.39%) signals reduced foreign investor confidence.
- Quarterly PAT declined to ₹521 Cr. vs ₹626 Cr., showing earnings pressure.
Company Positive News
- Increase in DII holding reflects domestic institutional optimism.
- Quarterly profit variation at 10.5% shows resilience despite decline.
Industry
- Industry PE at 16.7 is higher than PNBHOUSING’s 9.34, suggesting undervaluation relative to peers.
- Housing finance sector demand remains supported by credit growth and real estate expansion.
Conclusion
⚖️ PNBHOUSING is consolidating with bearish bias, trading below key moving averages and showing weak momentum. While fundamentals show strong EPS and attractive PEG ratio, high leverage and declining profits limit upside. Traders may consider entry near ₹746–₹780 with exit targets around ₹900–₹930. Sustained reversal requires RSI recovery above 35 and price stability above 50 DMA.