PNCINFRA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | PNCINFRA | Market Cap | 6,015 Cr. | Current Price | 235 ₹ | High / Low | 332 ₹ |
| Stock P/E | 16.4 | Book Value | 219 ₹ | Dividend Yield | 0.25 % | ROCE | 18.2 % |
| ROE | 13.5 % | Face Value | 2.00 ₹ | DMA 50 | 256 ₹ | DMA 200 | 285 ₹ |
| Chg in FII Hold | -0.04 % | Chg in DII Hold | -0.29 % | PAT Qtr | 82.4 Cr. | PAT Prev Qtr | 80.8 Cr. |
| RSI | 34.8 | MACD | -4.61 | Volume | 2,46,396 | Avg Vol 1Wk | 1,90,290 |
| Low price | 234 ₹ | High price | 332 ₹ | PEG Ratio | 1.01 | Debt to equity | 0.14 |
| 52w Index | 0.82 % | Qtr Profit Var | 1.82 % | EPS | 14.4 ₹ | Industry PE | 17.6 |
📊 Chart Patterns: PNCINFRA is trading below both its 50 DMA (256 ₹) and 200 DMA (285 ₹), showing bearish undertone. Price action suggests weakness with support near 234 ₹ and resistance around 255–260 ₹.
📈 Moving Averages: Current price (235 ₹) below both 50 DMA and 200 DMA → bearish alignment.
📉 RSI: 34.8 → Near oversold zone, potential for short-term rebound.
📉 MACD: -4.61 → Bearish crossover, momentum weak.
📊 Bollinger Bands: Price near lower band, suggesting oversold condition and possible mean reversion.
📊 Volume Trends: Current volume (2,46,396) > Avg 1Wk volume (1,90,290) → higher participation, indicating selling pressure but also possible accumulation.
🚀 Momentum Signals: Oversold RSI + higher volume may trigger short-term bounce, but MACD weakness caps upside.
🎯 Entry Zone: 230–240 ₹ (near strong support).
🎯 Exit Zone: 255–265 ₹ (resistance near 50 DMA).
📌 Trend Status: Bearish trend with short-term rebound potential.
Positive
- 💡 Healthy ROCE (18.2%) and ROE (13.5%) indicate decent efficiency.
- 💡 Low debt-to-equity ratio (0.14) shows strong financial stability.
- 💡 EPS of 14.4 ₹ supports valuation.
Limitation
- ⚠️ Current price significantly below both 50 DMA and 200 DMA.
- ⚠️ RSI near oversold but MACD remains negative.
- ⚠️ Dividend yield low at 0.25%.
Company Negative News
- 📉 FII holdings reduced slightly (-0.04%).
- 📉 DII holdings also declined (-0.29%).
Company Positive News
- 📈 Quarterly PAT improved marginally (82.4 Cr. vs 80.8 Cr.).
- 📈 Stable earnings with positive profit variation (+1.82%).
Industry
- 🏭 Industry PE at 17.6 vs stock PE 16.4 → fairly valued relative to peers.
- 🏭 Infrastructure sector outlook supported by government spending and long-term demand drivers.
Conclusion
📌 PNCINFRA is currently in a bearish phase, trading below key moving averages with weak MACD. Entry around 230–240 ₹ offers favorable risk-reward, with exit near 255–265 ₹. Strong fundamentals (low debt, healthy ROCE/ROE) provide stability, but near-term technicals suggest cautious positioning until a breakout above 260–265 ₹ confirms reversal.