⚠ 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.
SHREECEM - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | SHREECEM | Market Cap | 95,205 Cr. | Current Price | 26,385 ₹ | High / Low | 32,508 ₹ |
| Stock P/E | 56.6 | Book Value | 6,078 ₹ | Dividend Yield | 0.42 % | ROCE | 7.17 % |
| ROE | 5.69 % | Face Value | 10.0 ₹ | DMA 50 | 27,096 ₹ | DMA 200 | 28,095 ₹ |
| Chg in FII Hold | -0.27 % | Chg in DII Hold | 0.19 % | PAT Qtr | 277 Cr. | PAT Prev Qtr | 619 Cr. |
| RSI | 40.9 | MACD | 53.5 | Volume | 26,630 | Avg Vol 1Wk | 29,842 |
| Low price | 25,360 ₹ | High price | 32,508 ₹ | PEG Ratio | -2.75 | Debt to equity | 0.09 |
| 52w Index | 14.3 % | Qtr Profit Var | 198 % | EPS | 466 ₹ | Industry PE | 30.0 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (27,096 ₹) and 200 DMA (28,095 ₹), showing weakness and a bearish bias.
- Moving Averages: Current price (26,385 ₹) under both averages → bearish setup.
- RSI: 40.9 → weak momentum, approaching oversold territory.
- MACD: 53.5 → positive reading, suggesting potential divergence and short-term recovery signals despite overall weakness.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (26,630) slightly below 1-week average (29,842), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but MACD suggests possible rebound.
- Entry Zone: 25,800–26,400 ₹ (near support at 25,360 ₹).
- Exit Zone: 27,000–27,200 ₹ (near 50 DMA resistance).
- Trend Status: Consolidating with bearish tilt; reversal possible only if price sustains above 27,096 ₹.
✅ Positive
- EPS of 466 ₹ reflects strong earnings base.
- Debt-to-equity ratio of 0.09 shows negligible leverage risk.
- DII holdings increased by 0.19%, showing domestic institutional support.
- Quarterly profit variation (+198%) indicates strong year-on-year growth.
⚠️ Limitation
- High P/E of 56.6 compared to industry PE of 30.0.
- ROCE (7.17%) and ROE (5.69%) are weak, showing poor capital efficiency.
- Dividend yield of 0.42% is modest, limiting income appeal.
📉 Company Negative News
- PAT declined sharply from 619 Cr. to 277 Cr. sequentially.
- FII holdings decreased by -0.27%, showing reduced foreign investor confidence.
📈 Company Positive News
- EPS remains strong at 466 ₹.
- Quarterly profit variation (+198%) highlights long-term growth momentum despite sequential decline.
- Low debt-to-equity ratio provides financial stability.
🏭 Industry
- Industry PE at 30.0, much lower than SHREECEM’s 56.6, suggesting sector peers may be more attractively valued.
- Cement sector remains cyclical but supported by infrastructure and housing demand.
🔎 Conclusion
- SHREECEM is consolidating near support levels with mixed signals: bearish DMA and RSI, but positive MACD divergence.
- Short-term traders may consider entry around 25,800–26,400 ₹ with exit near 27,000–27,200 ₹.
- Long-term investors should be cautious due to high valuation and weak efficiency metrics despite strong EPS and low debt.