RAYMONDLSL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | RAYMONDLSL | Market Cap | 5,766 Cr. | Current Price | 945 ₹ | High / Low | 1,998 ₹ |
| Stock P/E | 99.7 | Book Value | 1,567 ₹ | Dividend Yield | 0.00 % | ROCE | 2.10 % |
| ROE | 0.50 % | Face Value | 2.00 ₹ | DMA 50 | 1,061 ₹ | DMA 200 | 1,235 ₹ |
| Chg in FII Hold | 0.19 % | Chg in DII Hold | -0.37 % | PAT Qtr | 68.6 Cr. | PAT Prev Qtr | -1.65 Cr. |
| RSI | 33.4 | MACD | -35.4 | Volume | 66,018 | Avg Vol 1Wk | 77,227 |
| Low price | 860 ₹ | High price | 1,998 ₹ | PEG Ratio | 2.72 | Debt to equity | 0.22 |
| 52w Index | 7.49 % | Qtr Profit Var | -11.4 % | EPS | 8.58 ₹ | Industry PE | 20.1 |
📊 Chart Patterns: RAYMONDLSL is trading at 945 ₹, below both 50 DMA (1,061 ₹) and 200 DMA (1,235 ₹). This indicates strong bearish momentum. The price is near its 52-week low (860 ₹), reflecting heavy downside pressure and lack of recovery strength.
📉 RSI: At 33.4, RSI is near oversold territory, suggesting weak momentum but potential for a short-term bounce.
📉 MACD: Negative at -35.4, confirming bearish crossover and continued downward trend.
📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible mean reversion.
📉 Volume Trends: Current volume (66k) is lower than average weekly volume (77k), showing reduced participation and lack of strong buying interest.
📌 Momentum Signals: Weak momentum with bearish bias. RSI near oversold may provide short-term relief rally, but MACD confirms continued weakness.
🎯 Entry Zone: 920–940 ₹ (near support levels and oversold RSI).
🎯 Exit Zone: 1,050–1,070 ₹ (near 50 DMA resistance).
📉 Trend: The stock is trending downward with bearish bias, not yet showing reversal signs.
Positive
- 📈 PAT turned positive at 68.6 Cr. compared to a loss of -1.65 Cr. in the previous quarter.
- 📊 EPS at 8.58 ₹, showing profitability despite weak fundamentals.
- 📈 FII holdings increased (+0.19%), showing marginal foreign investor confidence.
- 📊 Debt-to-equity ratio at 0.22, reflecting low leverage and financial stability.
Limitation
- ⚠️ Trading below both 50 DMA and 200 DMA, showing technical weakness.
- ⚠️ Very high P/E ratio (99.7) compared to industry PE (20.1), suggesting severe overvaluation.
- ⚠️ PEG ratio at 2.72 indicates expensive growth prospects.
- ⚠️ ROE at 0.50% and ROCE at 2.10% show poor efficiency.
Company Negative News
- 📉 Quarterly profit variation (-11.4%) indicates declining profitability momentum.
- 📉 DII holdings decreased (-0.37%), showing reduced domestic institutional confidence.
Company Positive News
- 📈 PAT turned positive after a loss in the previous quarter.
- 📈 FII stake increased, reflecting foreign investor optimism.
- 📈 Stock trading slightly above 52-week low (860 ₹), showing resilience at support levels.
Industry
- 🏭 Industry PE at 20.1, much lower than RAYMONDLSL’s PE, suggesting sector is more reasonably valued.
- 📊 Textile and lifestyle sector showing moderate growth outlook but facing valuation pressures.
Conclusion
🔎 RAYMONDLSL is trending downward, trading below key moving averages with weak technical indicators. RSI near oversold levels may provide short-term bounce opportunities, but MACD and volume confirm bearish momentum. Entry near 920–940 ₹ with exit around 1,050–1,070 ₹ is optimal for traders. Long-term investors should be cautious given high valuation, weak efficiency ratios, and declining institutional support.