RPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.6
| Stock Code | RPOWER | Market Cap | 11,270 Cr. | Current Price | 27.3 ₹ | High / Low | 76.5 ₹ |
| Book Value | 23.6 ₹ | Dividend Yield | 0.00 % | ROCE | -0.18 % | ROE | -0.99 % |
| Face Value | 10.0 ₹ | DMA 50 | 34.5 ₹ | DMA 200 | 41.5 ₹ | Chg in FII Hold | 0.16 % |
| Chg in DII Hold | -0.70 % | PAT Qtr | -0.67 Cr. | PAT Prev Qtr | 4.73 Cr. | RSI | 31.1 |
| MACD | -2.21 | Volume | 2,39,08,073 | Avg Vol 1Wk | 5,54,36,546 | Low price | 26.8 ₹ |
| High price | 76.5 ₹ | Debt to equity | 0.62 | 52w Index | 0.87 % | Qtr Profit Var | -309 % |
| EPS | -0.24 ₹ | Industry PE | 25.6 |
📊 Chart & Trend Analysis: RPOWER is trading at 27.3 ₹, well below its 50 DMA (34.5 ₹) and 200 DMA (41.5 ₹), indicating strong bearish pressure. RSI at 31.1 suggests the stock is oversold, while MACD at -2.21 confirms bearish momentum. Bollinger Bands show price hugging the lower band, signaling weakness but also potential for a short-term rebound near support at 26.8 ₹.
📈 Momentum Signals: Current volume (2.39 Cr.) is lower than the 1-week average (5.54 Cr.), reflecting reduced participation. RSI near oversold levels may trigger a technical bounce, but sustained recovery requires stronger volume and price action above 34.5–41.5 ₹.
🎯 Entry Zone: 26–28 ₹ (near support and oversold RSI)
🚪 Exit Zone: 34–40 ₹ (resistance near 50 DMA and 200 DMA)
📌 Trend Status: Bearish trend with consolidation signs. A reversal is possible only if price sustains above 41.5 ₹ with volume confirmation.
Positive
- Book value of 23.6 ₹ provides some margin of safety relative to current price.
- Debt-to-equity ratio of 0.62 indicates moderate leverage compared to peers.
- FII holdings increased (+0.16%), showing marginal foreign investor interest.
Limitation
- Stock trading well below both 50 DMA and 200 DMA, signaling technical weakness.
- Negative ROCE (-0.18%) and ROE (-0.99%) reflect poor efficiency.
- No dividend yield, reducing investor appeal.
- EPS at -0.24 ₹ indicates losses.
Company Negative News
- Quarterly PAT declined to -0.67 Cr. from 4.73 Cr.
- Quarterly profit variation of -309% highlights worsening financials.
- DII holdings reduced (-0.70%), showing domestic investor caution.
Company Positive News
- FII inflows (+0.16%) indicate slight foreign confidence despite weak fundamentals.
Industry
- Industry PE at 25.6 highlights that peers trade at healthier valuations compared to RPOWER’s negative earnings.
- Power sector remains cyclical, dependent on government projects and demand growth, but faces challenges from debt and operational inefficiencies.
Conclusion
⚖️ RPOWER is in a bearish phase, trading below key moving averages with oversold RSI. Entry near 26–28 ₹ offers tactical opportunity for speculative traders, while exits around 34–40 ₹ align with resistance. Despite low leverage and marginal FII inflows, persistent losses, weak technicals, and poor efficiency warrant cautious positioning until a breakout above 41.5 ₹ confirms reversal.