PVRINOX - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | PVRINOX | Market Cap | 10,497 Cr. | Current Price | 1,069 ₹ | High / Low | 1,250 ₹ |
| Stock P/E | 186 | Book Value | 725 ₹ | Dividend Yield | 0.00 % | ROCE | 2.47 % |
| ROE | -4.60 % | Face Value | 10.0 ₹ | DMA 50 | 995 ₹ | DMA 200 | 1,043 ₹ |
| Chg in FII Hold | -3.30 % | Chg in DII Hold | 1.92 % | PAT Qtr | 127 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 67.1 | MACD | 20.9 | Volume | 3,31,461 | Avg Vol 1Wk | 5,70,298 |
| Low price | 900 ₹ | High price | 1,250 ₹ | PEG Ratio | 18.5 | Debt to equity | 1.04 |
| 52w Index | 48.3 % | Qtr Profit Var | 267 % | EPS | 2.54 ₹ | Industry PE | 184 |
Chart Patterns & Moving Averages: PVRINOX is trading above its 50 DMA (₹995) and 200 DMA (₹1,043), showing short-term strength. Price action is consolidating between ₹1,030–₹1,100 with resistance near ₹1,200–₹1,250.
RSI & Momentum: RSI at 67.1 indicates strong momentum but nearing overbought territory. MACD at 20.9 is bullish, confirming upward bias.
Bollinger Bands: Price is near the upper band, suggesting stretched valuations and potential short-term pullback.
Volume Trends: Current volume (3.3L) is below average (5.7L), showing reduced participation despite price strength.
Entry/Exit Zones:
- **Entry:** ₹1,030–₹1,060 (near DMA support)
- **Exit:** ₹1,200–₹1,250 (resistance zone)
- **Stop-loss:** ₹1,000 (below support)
Trend Status: Consolidation with bullish bias; momentum improving but valuations remain stretched.
Positive
- PAT improved to ₹127 Cr vs ₹104 Cr.
- EPS at ₹2.54 turned positive.
- DII holding increased (+1.92%).
- Price trading above both DMA 50 and DMA 200 confirms short-term strength.
Limitation
- Extremely high P/E (186) vs industry average (184).
- Weak ROCE (2.47%) and negative ROE (-4.60%).
- PEG ratio at 18.5 indicates severe overvaluation.
- Debt-to-equity ratio at 1.04 highlights leverage risk.
- Volume below average, limiting breakout conviction.
Company Negative News
- FII holding decreased (-3.30%).
- Fundamentals remain weak despite short-term profit improvement.
Company Positive News
- Quarterly profit variation positive (+267%).
- DII inflows show domestic institutional confidence.
- Price recovery from 52-week low (₹900).
Industry
- Industry PE at 184, close to PVRINOX’s valuation.
- Entertainment/cinema sector supported by cyclical demand recovery.
- Competitive peers with stronger ROE/ROCE metrics.
Conclusion
PVRINOX is consolidating with bullish bias, supported by short-term technical strength but burdened by weak fundamentals and stretched valuations. Entry near ₹1,030–₹1,060 offers upside toward ₹1,200–₹1,250, but strict stop-loss discipline at ₹1,000 is essential. Suitable only for speculative swing trades.
This HTML report captures PVRINOX’s short-term momentum with fundamental weakness. Would you like me to add a sector overlay comparing PVRINOX with peers like Inox Leisure, Cinepolis, and Carnival Cinemas for benchmarking?