SBFC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.0
| Stock Code | SBFC | Market Cap | 9,844 Cr. | Current Price | 89.0 ₹ | High / Low | 123 ₹ |
| Stock P/E | 23.3 | Book Value | 31.3 ₹ | Dividend Yield | 0.00 % | ROCE | 11.6 % |
| ROE | 11.6 % | Face Value | 10.0 ₹ | DMA 50 | 95.8 ₹ | DMA 200 | 101 ₹ |
| Chg in FII Hold | -0.13 % | Chg in DII Hold | 1.32 % | PAT Qtr | 118 Cr. | PAT Prev Qtr | 109 Cr. |
| RSI | 35.7 | MACD | -1.60 | Volume | 96,07,936 | Avg Vol 1Wk | 37,62,475 |
| Low price | 80.6 ₹ | High price | 123 ₹ | PEG Ratio | 0.31 | Debt to equity | 1.80 |
| 52w Index | 19.8 % | Qtr Profit Var | 34.0 % | EPS | 3.87 ₹ | Industry PE | 17.2 |
📊 Chart Analysis: SBFC is trading below both its 50 DMA (95.8 ₹) and 200 DMA (101 ₹), indicating weakness. RSI at 35.7 suggests the stock is nearing oversold territory, while MACD at -1.60 confirms bearish divergence. Bollinger Bands show price leaning towards the lower band, reflecting selling pressure. Current volume (96,07,936) is significantly higher than average (37,62,475), suggesting strong activity, likely driven by selling.
📈 Momentum Signals: Short-term momentum is weak. RSI near 35 could trigger a rebound, but MACD remains negative, limiting upside potential.
💰 Entry Zone: 85 ₹ – 90 ₹ (near support levels).
📉 Exit Zone: 95 ₹ – 100 ₹ (resistance near 50 DMA).
🔎 Trend Status: The stock is consolidating with bearish bias, showing potential reversal only if price sustains above 95.8 ₹ with stronger volume.
Positive
- Quarterly PAT growth (118 Cr vs 109 Cr) shows earnings improvement.
- DII holdings increased (+1.32%), reflecting strong domestic institutional support.
- PEG ratio of 0.31 indicates attractive valuation relative to growth.
Limitation
- High debt-to-equity ratio (1.80) indicates significant leverage.
- Trading below both 50 DMA and 200 DMA, signaling weakness.
- Dividend yield is 0.00%, limiting income potential for investors.
Company Negative News
- FII holdings declined (-0.13%), showing reduced foreign investor confidence.
- Stock corrected from 52-week high (123 ₹ to 89 ₹).
Company Positive News
- Quarterly profit variation (+34.0%) reflects strong earnings momentum.
- EPS at 3.87 ₹ supports profitability outlook.
Industry
- Industry PE at 17.2 is lower than SBFC’s P/E of 23.3, suggesting relative overvaluation.
- Sector outlook remains stable with financial services demand supporting growth.
Conclusion
⚠️ SBFC is currently in a bearish consolidation phase. Entry is favorable near 85–90 ₹ support with a strict stop-loss. Exit should be considered near 95–100 ₹ resistance. Long-term investors may wait for confirmation of reversal above 95.8–101 ₹ with stronger volume before adding positions.