PVRINOX - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | PVRINOX | Market Cap | 9,632 Cr. | Current Price | 982 ₹ | High / Low | 1,250 ₹ |
| Stock P/E | 46.8 | Book Value | 747 ₹ | Dividend Yield | 0.00 % | ROCE | 6.80 % |
| ROE | 2.86 % | Face Value | 10.0 ₹ | DMA 50 | 1,007 ₹ | DMA 200 | 1,041 ₹ |
| Chg in FII Hold | -3.30 % | Chg in DII Hold | 1.92 % | PAT Qtr | 19.0 Cr. | PAT Prev Qtr | 127 Cr. |
| RSI | 40.5 | MACD | -1.05 | Volume | 2,23,957 | Avg Vol 1Wk | 1,52,733 |
| Low price | 900 ₹ | High price | 1,250 ₹ | PEG Ratio | 1.26 | Debt to equity | 0.92 |
| 52w Index | 23.4 % | Qtr Profit Var | 116 % | EPS | 27.3 ₹ | Industry PE | 96.8 |
📊 Chart Analysis: PVRINOX trades at ₹982, below both its 50 DMA (₹1,007) and 200 DMA (₹1,041), showing weak technical positioning. RSI at 40.5 is leaning bearish, while MACD at -1.05 indicates mild downward momentum. Bollinger Bands suggest price pressure toward the lower band. Current volume (2,23,957) is above the weekly average (1,52,733), reflecting strong participation despite weakness.
📈 Momentum Signals: Short-term momentum is negative, supported by price weakness below both moving averages and bearish MACD. RSI near oversold levels suggests potential for a short-term bounce, but overall sentiment remains weak.
💹 Entry & Exit Zones:
- ✅ Entry Zone: ₹950–₹980 (near support levels)
- 📉 Stop-Loss: ₹920 (below recent support)
- 🚀 Exit Zone: ₹1,020–₹1,050 (near 50 DMA resistance)
🔎 Trend Status: The stock is currently reversing downward with weak momentum. A breakout above ₹1,050 could trigger consolidation, while a drop below ₹920 may extend bearish trend.
Positive
- 📌 EPS at ₹27.3, showing earnings stability.
- 📌 DII holding increased (+1.92%), reflecting strong domestic institutional support.
- 📌 PEG ratio at 1.26, suggesting fair growth potential relative to valuation.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, showing technical weakness.
- ⚠️ High debt-to-equity ratio (0.92), indicating leverage risk.
- ⚠️ Dividend yield at 0%, offering no income returns.
- ⚠️ ROE (2.86%) and ROCE (6.80%) are relatively weak, showing poor capital efficiency.
Company Negative News
- ❌ PAT declined sharply from ₹127 Cr. to ₹19 Cr., showing reduced profitability.
- ❌ FII holding decreased (-3.30%), reflecting reduced foreign investor confidence.
Company Positive News
- ✅ Quarterly profit variation improved (+116%), showing operational recovery despite weak PAT.
- ✅ EPS at ₹27.3, reflecting stable earnings per share.
Industry
- 🏭 Industry PE at 96.8, much higher than PVRINOX’s P/E (46.8), suggesting undervaluation relative to peers.
- 🏭 Entertainment and multiplex sector demand supported by rising consumer spending and recovery in cinema footfalls.
Conclusion
📌 PVRINOX is reversing downward with weak technical signals and declining profitability. Entry near ₹950–₹980 offers limited short-term opportunity, with resistance at ₹1,020–₹1,050 as the next target. Long-term investors should be cautious due to high debt and weak ROE/ROCE, while speculative traders may benefit from oversold bounce opportunities supported by strong trading volumes.
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