RPOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | RPOWER | Market Cap | 11,832 Cr. | Current Price | 28.6 ₹ | High / Low | 76.5 ₹ |
| Book Value | 23.6 ₹ | Dividend Yield | 0.00 % | ROCE | -0.18 % | ROE | -0.99 % |
| Face Value | 10.0 ₹ | DMA 50 | 26.8 ₹ | DMA 200 | 34.4 ₹ | Chg in FII Hold | 0.87 % |
| Chg in DII Hold | 0.07 % | PAT Qtr | -0.67 Cr. | PAT Prev Qtr | 4.73 Cr. | RSI | 58.7 |
| MACD | 1.41 | Volume | 5,38,20,847 | Avg Vol 1Wk | 6,16,08,987 | Low price | 20.2 ₹ |
| High price | 76.5 ₹ | Debt to equity | 0.62 | 52w Index | 15.0 % | Qtr Profit Var | -309 % |
| EPS | -0.24 ₹ | Industry PE | 31.0 |
Chart & Trend Analysis:
RPOWER is trading at ₹28.6, above its 50 DMA (₹26.8) but below the 200 DMA (₹34.4), showing short-term support but medium-term weakness. RSI at 58.7 indicates moderate momentum. MACD at 1.41 shows mild positive crossover. Bollinger Bands place price near the mid-band, reflecting consolidation. Volume (5,38,20,847) is below the 1-week average (6,16,08,987), suggesting reduced participation.
Momentum Signals:
- Short-term momentum is mildly bullish but capped by medium-term resistance.
- Entry Zone: ₹26–₹27 (support near 50 DMA).
- Exit Zone: ₹32–₹34 (resistance near 200 DMA).
- Trend Status: Consolidating with upward bias; reversal not confirmed.
Positive
- Price trading above 50 DMA confirms short-term bullish bias.
- Book value of ₹23.6 provides valuation comfort relative to current price.
- FII inflows (+0.87%) and DII inflows (+0.07%) show institutional support.
Limitation
- Price below 200 DMA indicates medium-term weakness.
- Negative ROE (-0.99%) and ROCE (-0.18%) highlight poor efficiency.
- EPS of -₹0.24 reflects consistent losses.
- Quarterly PAT declined (₹-0.67 Cr vs ₹4.73 Cr), showing earnings pressure.
Company Negative News
- Quarterly profit variation (-309%) highlights severe earnings volatility.
- Weak return ratios limit profitability strength.
Company Positive News
- Institutional inflows highlight investor confidence despite weak fundamentals.
- Price recovery from ₹20.2 lows shows resilience.
Industry
- Industry P/E at 31.0 highlights RPOWER’s inability to generate earnings.
- Sector supported by energy demand but company-specific weakness dominates.
Conclusion
RPOWER shows weak technical and fundamental momentum, with price below medium-term averages and consistent losses. While institutional inflows and short-term support provide some relief, poor efficiency and earnings volatility weigh heavily. Tactical entries near ₹26–₹27 with exits around ₹32–₹34 may suit high-risk traders, but long-term investors should avoid until profitability improves.