⚠ 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.
SHRIRAMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | SHRIRAMFIN | Market Cap | 1,87,826 Cr. | Current Price | 998 ₹ | High / Low | 1,029 ₹ |
| Stock P/E | 20.6 | Book Value | 321 ₹ | Dividend Yield | 0.99 % | ROCE | 11.2 % |
| ROE | 16.4 % | Face Value | 2.00 ₹ | DMA 50 | 930 ₹ | DMA 200 | 766 ₹ |
| Chg in FII Hold | -2.40 % | Chg in DII Hold | 2.64 % | PAT Qtr | 2,522 Cr. | PAT Prev Qtr | 2,307 Cr. |
| RSI | 57.1 | MACD | 23.1 | Volume | 38,94,923 | Avg Vol 1Wk | 62,63,155 |
| Low price | 516 ₹ | High price | 1,029 ₹ | PEG Ratio | 0.44 | Debt to equity | 3.88 |
| 52w Index | 93.8 % | Qtr Profit Var | 5.33 % | EPS | 48.5 ₹ | Industry PE | 18.9 |
📊 Technical Analysis
- Chart Patterns: Stock is trading near its recent high (1,029 ₹) and well above both 50 DMA (930 ₹) and 200 DMA (766 ₹), indicating strong bullish momentum.
- Moving Averages: Current price (998 ₹) comfortably above both averages → bullish setup.
- RSI: 57.1 → mid-range, suggesting healthy momentum without being overbought.
- MACD: 23.1 → positive crossover, confirming bullish trend continuation.
- Bollinger Bands: Price near upper band, showing strong momentum but caution for short-term pullback.
- Volume Trends: Current volume (38.9 lakh) below 1-week average (62.6 lakh), suggesting reduced participation despite bullish price action.
📈 Momentum & Signals
- Short-term Momentum: Strong, with bullish bias supported by MACD and price above moving averages.
- Entry Zone: 980–995 ₹ (near support at 50 DMA).
- Exit Zone: 1,020–1,030 ₹ (near recent high resistance).
- Trend Status: Trending upward; consolidation possible near 1,030 ₹ resistance.
✅ Positive
- Quarterly PAT growth from 2,307 Cr. to 2,522 Cr. (+5.33%).
- DII holdings increased by 2.64%, showing strong domestic institutional support.
- EPS of 48.5 ₹ reflects solid earnings base.
- PEG ratio of 0.44 suggests attractive valuation relative to growth.
⚠️ Limitation
- High debt-to-equity ratio of 3.88 indicates significant leverage risk.
- ROCE (11.2%) is modest compared to peers.
- Dividend yield of 0.99% is moderate, limiting income appeal.
📉 Company Negative News
- FII holdings decreased by -2.40%, showing reduced foreign investor confidence.
- Volume participation lower than average, suggesting cautious trading activity.
📈 Company Positive News
- Quarterly PAT growth (+5.33%) shows consistent earnings improvement.
- DII inflows indicate strong domestic confidence.
- 52-week index performance at 93.8% highlights strong relative strength.
🏭 Industry
- Industry PE at 18.9, slightly lower than SHRIRAMFIN’s 20.6, suggesting fair valuation relative to peers.
- Financial services sector remains robust, supported by credit demand and economic growth.
🔎 Conclusion
- SHRIRAMFIN is trending upward with strong bullish signals from DMA, RSI, and MACD.
- Short-term traders may consider entry around 980–995 ₹ with exit near 1,020–1,030 ₹.
- Long-term investors may find value given strong earnings growth and attractive PEG ratio, but should monitor high leverage and foreign investor sentiment.