PTCIL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.5
| Stock Code | PTCIL | Market Cap | 24,090 Cr. | Current Price | 16,068 ₹ | High / Low | 19,440 ₹ |
| Stock P/E | 651 | Book Value | 898 ₹ | Dividend Yield | 0.00 % | ROCE | 5.26 % |
| ROE | 3.59 % | Face Value | 10.0 ₹ | DMA 50 | 16,542 ₹ | DMA 200 | 16,381 ₹ |
| Chg in FII Hold | 0.09 % | Chg in DII Hold | 0.76 % | PAT Qtr | 5.56 Cr. | PAT Prev Qtr | 8.16 Cr. |
| RSI | 48.7 | MACD | -162 | Volume | 13,178 | Avg Vol 1Wk | 8,951 |
| Low price | 11,902 ₹ | High price | 19,440 ₹ | PEG Ratio | 13.4 | Debt to equity | 0.03 |
| 52w Index | 55.3 % | Qtr Profit Var | -31.6 % | EPS | 24.7 ₹ | Industry PE | 24.4 |
Chart Patterns & Moving Averages: PTCIL is trading below its 50 DMA (₹16,542) and slightly below its 200 DMA (₹16,381), showing weak momentum and lack of sustained strength. Price action is consolidating between ₹15,800–₹16,500 with resistance near ₹17,500–₹18,000.
RSI & Momentum: RSI at 48.7 indicates neutral momentum. MACD at -162 is bearish, signaling downward bias.
Bollinger Bands: Price is mid-to-lower band, reflecting weakness and potential downside risk.
Volume Trends: Current volume (13.1K) is above average (8.9K), showing participation but not strong conviction.
Entry/Exit Zones:
- **Entry:** ₹15,800–₹16,000 (near support zone)
- **Exit:** ₹17,500–₹18,000 (resistance zone)
- **Stop-loss:** ₹15,600 (below support)
Trend Status: Consolidation with bearish bias; struggling to reverse upward.
Positive
- EPS at ₹24.7 remains positive.
- Debt-to-equity ratio very low (0.03), showing balance sheet stability.
- DII holding increased (+0.76%).
- Price recovery from 52-week low (₹11,902).
Limitation
- Extremely high P/E (651) vs industry average (24.4).
- Weak ROCE (5.26%) and ROE (3.59%).
- PEG ratio at 13.4 indicates severe overvaluation.
- No dividend yield.
- PAT declined sequentially (₹8.16 Cr → ₹5.56 Cr).
Company Negative News
- Quarterly profit variation down (-31.6%).
- Weak fundamentals with poor efficiency ratios.
Company Positive News
- DII inflows show domestic confidence.
- FII holding increased slightly (+0.09%).
- Price trading near support zone offers speculative opportunities.
Industry
- Industry PE at 24.4, far lower than PTCIL’s valuation.
- Sector supported by demand but peers offer stronger fundamentals.
- Competitive landscape with better ROE/ROCE players.
Conclusion
PTCIL is consolidating with weak momentum and extreme overvaluation. Entry near ₹15,800–₹16,000 offers limited upside toward ₹17,500–₹18,000, but strict stop-loss discipline at ₹15,600 is essential. Fundamentally weak and best suited only for speculative swing trades.
This HTML report highlights PTCIL’s speculative setup with extreme valuation risks and weak fundamentals. Would you like me to add a comparative overlay vs peers in the same sector to benchmark its relative strength and valuation positioning?