⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
SAREGAMA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | SAREGAMA | Market Cap | 7,762 Cr. | Current Price | 403 ₹ | High / Low | 603 ₹ |
| Stock P/E | 35.1 | Book Value | 87.8 ₹ | Dividend Yield | 1.12 % | ROCE | 18.0 % |
| ROE | 13.6 % | Face Value | 1.00 ₹ | DMA 50 | 356 ₹ | DMA 200 | 388 ₹ |
| Chg in FII Hold | -2.00 % | Chg in DII Hold | 2.06 % | PAT Qtr | 75.4 Cr. | PAT Prev Qtr | 58.1 Cr. |
| RSI | 64.0 | MACD | 16.8 | Volume | 13,81,840 | Avg Vol 1Wk | 61,40,694 |
| Low price | 306 ₹ | High price | 603 ₹ | PEG Ratio | 3.79 | Debt to equity | 0.06 |
| 52w Index | 32.6 % | Qtr Profit Var | 35.9 % | EPS | 11.2 ₹ | Industry PE | 38.5 |
📈 Chart & Trend Analysis
- Moving Averages: Current price (₹403) is above both 50 DMA (₹356) and 200 DMA (₹388), confirming bullish momentum.
- RSI: At 64.0, the stock is moderately strong, close to overbought territory.
- MACD: Positive (16.8), indicating bullish momentum continuation.
- Bollinger Bands: Price is near the upper band, suggesting strong buying pressure but risk of short-term pullback.
- Volume Trends: Current volume (13,81,840) is significantly below 1-week average (61,40,694), showing weaker participation in recent moves.
📊 Momentum & Signals
- Short-term momentum: Positive, supported by MACD and price above moving averages.
- Support Zone: ₹390 – ₹400 (near-term support).
- Resistance Zone: ₹420 – ₹430 (psychological barrier and trendline resistance).
- Entry Zone: ₹395 – ₹405 (near support, bullish bias).
- Exit Zone: ₹420 – ₹430 (resistance levels).
📉 Trend Status
The stock is currently in an uptrend with bullish signals from MACD and price above moving averages. A breakout above ₹430 could extend the rally, while failure to hold ₹390 may trigger consolidation.
✅ Positive
- Strong ROCE (18.0%) and ROE (13.6%) indicate efficient capital use.
- Low debt-to-equity ratio (0.06), showing financial stability.
- Quarterly profit growth of 35.9% supports earnings momentum.
- Dividend yield of 1.12% provides income stability.
⚠️ Limitation
- High PEG ratio (3.79), suggesting expensive growth valuation.
- Stock P/E (35.1) is slightly below industry average (38.5) but still elevated.
- Volume participation is weak compared to average, limiting breakout strength.
📰 Company Negative News
- FII holding decreased (-2.00%), showing reduced foreign investor confidence.
🌟 Company Positive News
- DII holding increased (+2.06%), reflecting strong domestic institutional support.
- PAT improved (₹75.4 Cr vs ₹58.1 Cr previous quarter).
🏦 Industry
- Industry PE at 38.5, slightly higher than SAREGAMA’s 35.1, suggesting fair valuation relative to peers.
- Media and entertainment sector continues to benefit from digital content demand and streaming growth.
📌 Conclusion
SAREGAMA is in a bullish uptrend with strong fundamentals and technical signals. Entry near ₹395 – ₹405 with exit around ₹420 – ₹430 is optimal for short-term traders. Long-term investors should weigh strong growth potential against high valuations and weak trading volume momentum.