POWERINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | POWERINDIA | Market Cap | 1,11,159 Cr. | Current Price | 24,950 ₹ | High / Low | 26,325 ₹ |
| Stock P/E | 126 | Book Value | 1,028 ₹ | Dividend Yield | 0.02 % | ROCE | 19.4 % |
| ROE | 13.8 % | Face Value | 2.00 ₹ | DMA 50 | 22,482 ₹ | DMA 200 | 19,460 ₹ |
| Chg in FII Hold | 1.02 % | Chg in DII Hold | -0.75 % | PAT Qtr | 302 Cr. | PAT Prev Qtr | 264 Cr. |
| RSI | 60.8 | MACD | 858 | Volume | 1,01,581 | Avg Vol 1Wk | 1,21,043 |
| Low price | 10,400 ₹ | High price | 26,325 ₹ | PEG Ratio | 4.38 | Debt to equity | 0.02 |
| 52w Index | 91.4 % | Qtr Profit Var | 120 % | EPS | 189 ₹ | Industry PE | 33.0 |
📊 Chart & Trend Analysis: POWERINDIA is trading at ₹24,950, well above both its 50 DMA (₹22,482) and 200 DMA (₹19,460), reflecting strong bullish momentum. RSI at 60.8 indicates moderately overbought conditions, while MACD at 858 confirms strong positive momentum. Bollinger Bands show price near the upper band, suggesting continued buying interest. Volume is slightly below average, indicating reduced participation despite strength.
📈 Momentum Signals: Short-term momentum is strong, with MACD positive and RSI leaning toward overbought. A minor consolidation may occur, but trend remains bullish. Price action suggests continuation of the uptrend unless resistance levels trigger profit booking.
💹 Entry & Exit Zones:
- Optimal Entry: ₹24,500–₹25,000 (near 50 DMA support zone)
- Stop-Loss: ₹23,800 (below strong support)
- Exit Zone: ₹26,000–₹26,300 (recent high resistance)
- Major Resistance: ₹26,325 (52-week high)
📉 Trend Status: The stock is trending bullish, supported by strong moving averages and MACD momentum, though RSI suggests caution near overbought levels.
Positive
- Strong ROCE (19.4%) and ROE (13.8%) highlight efficient capital use.
- Debt-to-equity ratio of 0.02 reflects near debt-free status.
- Quarterly PAT improved to ₹302 Cr. from ₹264 Cr., showing earnings growth.
- EPS of ₹189 reflects solid profitability.
Limitation
- High P/E of 126 compared to industry average (33.0), indicating expensive valuation.
- PEG ratio of 4.38 suggests costly growth prospects.
- Dividend yield of 0.02% is negligible.
Company Negative News
- DII holdings decreased (-0.75%), showing reduced domestic institutional support.
- Stock corrected from its 52-week high of ₹26,325, reflecting selling pressure at higher levels.
Company Positive News
- FII holdings increased (+1.02%), showing foreign investor confidence.
- Quarterly profit variation of 120% highlights strong operational improvement.
Industry
- Power and energy equipment industry benefits from infrastructure growth and renewable energy demand.
- Industry PE at 33.0 highlights relatively cheaper peers compared to POWERINDIA’s premium valuation.
Conclusion
⚖️ POWERINDIA is technically strong, trending bullish above key moving averages with strong MACD momentum. Traders may consider entry near ₹24,500–₹25,000 with strict stop-loss at ₹23,800, targeting ₹26,000–₹26,300 in the short term. Long-term investors should be cautious of high valuations and low dividend yield, waiting for sustained earnings growth to justify accumulation.
Would you like me to extend this into a peer benchmarking overlay (e.g., Siemens, ABB India, Bharat Heavy Electricals) so you can evaluate sector rotation opportunities alongside POWERINDIA?