POWERINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | POWERINDIA | Market Cap | 80,682 Cr. | Current Price | 18,107 ₹ | High / Low | 22,840 ₹ |
| Stock P/E | 112 | Book Value | 1,028 ₹ | Dividend Yield | 0.03 % | ROCE | 19.4 % |
| ROE | 13.8 % | Face Value | 2.00 ₹ | DMA 50 | 18,429 ₹ | DMA 200 | 17,878 ₹ |
| Chg in FII Hold | 1.02 % | Chg in DII Hold | -0.75 % | PAT Qtr | 264 Cr. | PAT Prev Qtr | 132 Cr. |
| RSI | 51.3 | MACD | -257 | Volume | 83,729 | Avg Vol 1Wk | 1,54,240 |
| Low price | 10,300 ₹ | High price | 22,840 ₹ | PEG Ratio | 3.91 | Debt to equity | 0.02 |
| 52w Index | 62.3 % | Qtr Profit Var | 406 % | EPS | 163 ₹ | Industry PE | 35.4 |
📊 Chart & Trend Analysis: POWERINDIA is trading at ₹18,107, slightly below its 50 DMA (₹18,429) but above its 200 DMA (₹17,878), indicating short-term weakness with medium-term support. RSI at 51.3 suggests neutral momentum. MACD at -257 reflects bearish sentiment despite recent stability. Current volume (83.7K) is significantly lower than the weekly average (1.54L), showing weak participation. Bollinger Bands indicate price near mid-range, reinforcing consolidation.
📈 Momentum Signals: Short-term momentum is weak, with MACD negative and RSI neutral. Low volume participation limits breakout potential, suggesting sideways consolidation.
🎯 Entry Zone: ₹17,900 – ₹18,100 (near immediate support)
🚪 Exit Zone: ₹18,500 – ₹18,800 (near resistance at 50 DMA)
🔎 Trend Status: Consolidating with bearish bias. Sustained trade above ₹18,500 could trigger recovery towards ₹19,200+, while breakdown below ₹17,900 may signal reversal.
Positive
- Strong ROCE (19.4%) and ROE (13.8%) highlight efficient capital use.
- Debt-to-equity ratio of 0.02 indicates negligible leverage risk.
- Quarterly PAT growth from ₹132 Cr. to ₹264 Cr. shows strong earnings momentum.
- EPS of ₹163 reflects consistent profitability.
- Increase in FII holding (+1.02%) signals foreign investor confidence.
Limitation
- Stock trading below 50 DMA signals short-term weakness.
- High P/E ratio (112) compared to industry average (35.4) suggests overvaluation.
- PEG ratio of 3.91 indicates expensive growth prospects.
- Dividend yield of 0.03% is negligible.
- Weak trading volume reduces conviction in recovery moves.
Company Negative News
- Decline in DII holding (-0.75%) signals reduced domestic institutional support.
Company Positive News
- Quarterly profit variation of 406% shows exceptional earnings growth.
- Increase in FII holding reflects renewed foreign investor interest.
Industry
- Power and energy equipment sector benefits from infrastructure expansion and renewable energy demand.
- Industry P/E at 35.4 highlights moderate sector valuation compared to POWERINDIA’s premium.
Conclusion
⚖️ POWERINDIA is consolidating with a bearish bias. Entry near ₹17,900–₹18,100 offers cautious accumulation, while exits near ₹18,500–₹18,800 provide short-term profit booking. Strong fundamentals and exceptional earnings growth support long-term holding, but high valuation, negligible dividend yield, and weak volume warrant cautious positioning.
Would you like me to extend this into a peer benchmarking overlay (Siemens, ABB India, CG Power) so you can compare POWERINDIA’s relative strength within the power equipment basket?