RAMCOCEM - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.7

📈 RAMCOCEM is currently in a consolidation phase with signs of a mild bullish reversal. Entry zone: ₹1,020–₹1,043; exit zone: ₹1,070–₹1,095. Watch for volume confirmation above resistance.

📊 Technical Overview

• Price Action: Trading at ₹1,043, exactly at 50-DMA and above 200-DMA (₹1,009), indicating neutral-to-bullish bias.
• RSI (53.6): Slightly above neutral, suggesting mild bullish momentum.
• MACD (5.76): Bullish crossover, indicating upward momentum building.
• Bollinger Bands: Price near mid-band, suggesting range-bound movement with breakout potential.
• Volume: Significantly below 1-week average, indicating weak conviction behind price moves.
• Support Zones: ₹1,020 (S1), ₹1,009 (S2)
• Resistance Zones: ₹1,070 (R1), ₹1,095 (R2)

Sources: TradingView Technicals

TradingView

, ETMoney Technicals

ET Money

✅ Positive

• Quarterly PAT surged from ₹24.2 Cr. to ₹86.0 Cr., a 142% jump.
• EPS of ₹19.8 supports valuation despite high P/E.
• Price trading above 200-DMA suggests long-term strength.
• MACD and RSI show early signs of bullish reversal.

⚠️ Limitation

• Stock P/E of 171 is extremely high compared to industry average (38.9), indicating overvaluation.
• PEG ratio of -3.45 reflects poor earnings growth relative to valuation.
• ROCE (4.83%) and ROE (1.56%) are weak, signaling inefficient capital use.
• Volume trends are low, limiting breakout potential.

📉 Company Negative News

• Decline in FII holdings (-0.28%) suggests reduced foreign investor confidence.
• Low dividend yield (0.19%) may not appeal to income-focused investors.

📈 Company Positive News

• Launch of “Hard Worker” brand in construction chemicals signals diversification and innovation

  Stock Analysis

  .

• Increase in DII holdings (+0.63%) reflects domestic institutional support.

🏢 Industry

• Cement sector benefits from infrastructure push and housing demand.
• Industry P/E of 38.9 suggests moderate valuation across peers.

🧭 Conclusion

• RAMCOCEM is consolidating with early signs of bullish reversal.
• Entry zone: ₹1,020–₹1,043; exit zone: ₹1,070–₹1,095 for short-term swing trades.
• Long-term investors should monitor earnings consistency and volume breakout above ₹1,095.