RTNINDIA - Technical Analysis with Chart Patterns & Indicators

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

Technical Rating: 3.5

📊 Technical Analysis Summary

• Trend Status: Consolidating
• Current Price: ₹52.3
• RSI (50.0): Neutral — no clear momentum
• MACD (-0.55): Mild bearish crossover — slight downward bias
• Volume: Significantly below average (11.1L vs 29.1L) — low participation
• DMA 50/200: Price below both (₹53.7 & ₹55.6) — weak technical setup
• Bollinger Bands: Price near mid-band — no breakout signal

📈 Entry & Exit Zones

• Support Levels: ₹50 / ₹47 / ₹44
• Resistance Levels: ₹54 / ₹58 / ₹63
• Optimal Entry: ₹50–₹52 (on dip near support)
• Exit Target: ₹58–₹63 (if momentum improves)

✅ Positive

• ROCE (10.6%) and ROE (10.7%) — moderate operational efficiency
• FII holding increased by 0.22% — foreign investor interest
• Debt-to-equity ratio of 0.62 — manageable leverage
• Strong quarterly PAT of ₹514 Cr — significant turnaround from previous loss

⚠️ Limitation

• MACD and volume trends show weak momentum
• Price below key moving averages — bearish bias
• EPS negative (-₹1.75) — profitability concerns
• No P/E or PEG ratio — valuation unclear

📉 Company Negative News

• Quarterly profit variation down 40.4% — earnings volatility
• DII holding declined by 0.04% — slight domestic investor caution

📈 Company Positive News

• Turnaround in PAT from -₹353 Cr to ₹514 Cr — strong recovery
• 52-week performance up 36.9% — positive long-term trend

🏢 Industry

• RTNINDIA operates in infrastructure and power transmission — capital-intensive and policy-driven sector
• Industry P/E is 38.3 — RTNINDIA valuation not directly comparable due to negative EPS
• Sector benefits from government infrastructure push and energy reforms

🧾 Conclusion

• RTNINDIA is currently consolidating with neutral RSI and weak volume trends
• Entry near ₹50 may offer upside toward ₹63 if technical momentum improves
• Fundamentals show a turnaround, but technicals suggest cautious accumulation with close monitoring