PVRINOX - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.8
| Stock Code | PVRINOX | Market Cap | 9,420 Cr. | Current Price | 958 ₹ | High / Low | 1,250 ₹ |
| Book Value | 725 ₹ | Dividend Yield | 0.00 % | ROCE | 2.47 % | ROE | -4.60 % |
| Face Value | 10.0 ₹ | DMA 50 | 1,024 ₹ | DMA 200 | 1,080 ₹ | Chg in FII Hold | -0.64 % |
| Chg in DII Hold | -0.84 % | PAT Qtr | 104 Cr. | PAT Prev Qtr | -51.2 Cr. | RSI | 42.8 |
| MACD | -25.2 | Volume | 2,33,667 | Avg Vol 1Wk | 3,50,616 | Low price | 826 ₹ |
| High price | 1,250 ₹ | Debt to equity | 1.04 | 52w Index | 31.2 % | Qtr Profit Var | 938 % |
| EPS | -3.63 ₹ | Industry PE | 133 |
📊 Chart & Trend Analysis: PVRINOX is trading at ₹958, below both its 50 DMA (₹1,024) and 200 DMA (₹1,080), reflecting a bearish structure. RSI at 42.8 indicates weak momentum but not oversold, while MACD (-25.2) confirms negative bias. Bollinger Bands show price leaning toward the lower band, suggesting selling pressure. Current volume (2,33,667) is lower than the 1-week average (3,50,616), indicating reduced participation.
📈 Momentum Signals: Short-term momentum remains weak, with RSI below 50 and MACD negative. A reversal signal may emerge if RSI climbs above 50 and price sustains above ₹1,000.
💡 Entry Zone: ₹830–₹880 (support near 52-week low)
🚪 Exit Zone: ₹1,020–₹1,080 (resistance near 50 DMA & 200 DMA)
🔎 Trend Status: The stock is consolidating with bearish bias, showing potential reversal only if support holds and RSI recovers.
Positive
- Quarterly PAT improved to ₹104 Cr. vs -₹51.2 Cr., showing strong turnaround.
- Book value at ₹725 provides margin of safety relative to current price.
- 52-week index return at 31.2% reflects long-term investor interest.
Limitation
- Price trading below both 50 DMA and 200 DMA indicates weak technical strength.
- ROCE (2.47%) and ROE (-4.60%) remain weak, limiting efficiency.
- Debt-to-equity ratio at 1.04 indicates high leverage.
- EPS at -₹3.63 reflects lack of profitability.
Company Negative News
- Decline in FII holding (-0.64%) and DII holding (-0.84%) signals reduced institutional confidence.
- No dividend yield, limiting shareholder returns.
Company Positive News
- Quarterly profit turnaround highlights operational recovery.
Industry
- Industry PE at 133 highlights high sector valuations, but PVRINOX’s losses prevent meaningful comparison.
- Entertainment and multiplex sector demand remains cyclical, supported by content releases and consumer spending.
Conclusion
⚖️ PVRINOX is consolidating with bearish bias, trading below key moving averages and showing weak momentum. While fundamentals show a profit turnaround, high leverage, weak efficiency metrics, and negative EPS limit upside. Traders may consider entry near ₹830–₹880 with exit targets around ₹1,020–₹1,080. Sustained reversal requires RSI recovery above 50 and price stability above 50 DMA.