⚠ 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: 3.5
| Stock Code | SAREGAMA | Market Cap | 6,434 Cr. | Current Price | 337 ₹ | High / Low | 603 ₹ |
| Stock P/E | 31.4 | Book Value | 86.1 ₹ | Dividend Yield | 1.33 % | ROCE | 18.0 % |
| ROE | 13.4 % | Face Value | 1.00 ₹ | DMA 50 | 363 ₹ | DMA 200 | 434 ₹ |
| Chg in FII Hold | -2.64 % | Chg in DII Hold | -0.12 % | PAT Qtr | 47.6 Cr. | PAT Prev Qtr | 40.2 Cr. |
| RSI | 44.6 | MACD | -8.92 | Volume | 72,600 | Avg Vol 1Wk | 2,42,085 |
| Low price | 319 ₹ | High price | 603 ₹ | PEG Ratio | 2.95 | Debt to equity | 0.00 |
| 52w Index | 6.56 % | Qtr Profit Var | -2.87 % | EPS | 10.6 ₹ | Industry PE | 34.9 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (363 ₹) and 200 DMA (434 ₹), showing weakness and a downward bias.
- Moving Averages: Current price (337 ₹) under both averages → bearish setup.
- RSI: 44.6 → weak momentum, closer to oversold but not extreme.
- MACD: -8.92 → bearish crossover, confirming short-term weakness.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (72,600) well below 1-week average (2.42 lakh), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold indicators suggest possible rebound.
- Entry Zone: 330–340 ₹ (near support at 319 ₹).
- Exit Zone: 360–370 ₹ (near 50 DMA resistance).
- Trend Status: Consolidating with bearish tilt; reversal possible only if price sustains above 363 ₹.
✅ Positive
- Dividend yield of 1.33% provides income stability.
- ROCE (18.0%) and ROE (13.4%) show strong capital efficiency.
- EPS of 10.6 ₹ reflects solid earnings base.
- Debt-to-equity ratio of 0.00 indicates no leverage risk.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, showing weak technical strength.
- PEG ratio of 2.95 suggests expensive valuation relative to growth.
- 52-week index performance at 6.56% shows limited relative strength.
📉 Company Negative News
- Quarterly profit variation shows decline (-2.87%).
- FII holdings decreased by -2.64%, showing reduced foreign investor confidence.
- DII holdings decreased slightly (-0.12%), showing lack of domestic support.
📈 Company Positive News
- PAT improved sequentially (40.2 Cr. → 47.6 Cr.).
- Strong ROCE and ROE compared to peers.
🏭 Industry
- Industry PE at 34.9, slightly higher than SAREGAMA’s 31.4, suggesting fair valuation relative to peers.
- Media and entertainment sector remains growth-oriented but cyclical with consumer demand shifts.
🔎 Conclusion
- SAREGAMA is consolidating near support levels with bearish signals from DMA and MACD.
- Short-term traders may consider entry around 330–340 ₹ with exit near 360–370 ₹.
- Long-term investors should weigh strong fundamentals (ROCE, ROE, debt-free balance sheet) against weak technical momentum and declining institutional interest.