RAMCOCEM - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | RAMCOCEM | Market Cap | 25,704 Cr. | Current Price | 1,088 ₹ | High / Low | 1,209 ₹ |
| Stock P/E | 133 | Book Value | 322 ₹ | Dividend Yield | 0.18 % | ROCE | 4.83 % |
| ROE | 1.56 % | Face Value | 1.00 ₹ | DMA 50 | 1,060 ₹ | DMA 200 | 1,027 ₹ |
| Chg in FII Hold | -0.17 % | Chg in DII Hold | -0.33 % | PAT Qtr | 74.3 Cr. | PAT Prev Qtr | 86.0 Cr. |
| RSI | 54.4 | MACD | 10.5 | Volume | 1,09,989 | Avg Vol 1Wk | 3,73,614 |
| Low price | 788 ₹ | High price | 1,209 ₹ | PEG Ratio | -2.69 | Debt to equity | 0.62 |
| 52w Index | 71.2 % | Qtr Profit Var | 190 % | EPS | 21.9 ₹ | Industry PE | 30.0 |
📊 Chart Patterns: RAMCOCEM is trading at 1,088 ₹, close to its 52-week high (1,209 ₹). The price is above both 50 DMA (1,060 ₹) and 200 DMA (1,027 ₹), indicating bullish momentum with strong support from moving averages.
📈 Moving Averages: Current price is above both short-term and long-term averages. The 50 DMA is above the 200 DMA, confirming a bullish crossover and trend continuation.
📉 RSI: At 54.4, RSI suggests moderate strength, leaning bullish but not yet overbought.
📈 MACD: Positive at 10.5, showing bullish divergence and momentum continuation.
📊 Bollinger Bands: Price is near the upper band, indicating strong buying interest but also caution for possible short-term pullback.
📊 Volume Trends: Current volume (1.1 lakh) is lower than average weekly volume (3.7 lakh), suggesting reduced participation despite price strength.
📌 Momentum Signals: Short-term momentum is bullish. Support lies around 1,060–1,070 ₹, while resistance is near 1,200–1,210 ₹.
🎯 Entry Zone: 1,060–1,080 ₹ (near 50 DMA support).
🎯 Exit Zone: 1,200–1,210 ₹ (near 52-week high resistance).
🔎 Trend Status: The stock is trending upward with bullish signals, though volume weakness suggests caution.
Positive
- EPS of 21.9 ₹ indicates profitability.
- Quarterly profit variation shows strong improvement (190%).
- Price trading above both 50 DMA and 200 DMA confirms bullish trend.
- Book value of 322 ₹ provides asset backing.
Limitation
- High P/E ratio (133) compared to industry PE (30.0) suggests overvaluation risk.
- Low ROCE (4.83%) and ROE (1.56%) reflect weak efficiency.
- PEG ratio (-2.69) signals poor growth relative to valuation.
- Low dividend yield (0.18%) reduces income appeal.
Company Negative News
- FII holdings decreased by -0.17% and DII holdings by -0.33%, showing reduced institutional confidence.
- Quarterly PAT declined from 86.0 Cr. to 74.3 Cr.
Company Positive News
- Quarterly profit variation shows strong improvement year-on-year.
- Stock price has maintained strength near 52-week highs.
Industry
- Industry PE at 30.0 indicates moderate valuations compared to RAMCOCEM’s high P/E.
- Cement sector remains cyclical but supported by infrastructure demand.
Conclusion
🚀 RAMCOCEM is trending upward with bullish technical indicators, supported by moving averages and MACD. Short-term traders may enter around 1,060–1,080 ₹ with targets near 1,200–1,210 ₹. Long-term investors should be cautious of high valuations and weak efficiency metrics before fresh positions.
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