SHRIRAMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | SHRIRAMFIN | Market Cap | 2,20,529 Cr. | Current Price | 937 ₹ | High / Low | 1,108 ₹ |
| Stock P/E | 22.1 | Book Value | 349 ₹ | Dividend Yield | 1.06 % | ROCE | 11.5 % |
| ROE | 16.4 % | Face Value | 2.00 ₹ | DMA 50 | 988 ₹ | DMA 200 | 872 ₹ |
| Chg in FII Hold | 8.93 % | Chg in DII Hold | -2.67 % | PAT Qtr | 3,014 Cr. | PAT Prev Qtr | 2,522 Cr. |
| RSI | 40.7 | MACD | -4.43 | Volume | 62,09,789 | Avg Vol 1Wk | 87,50,062 |
| Low price | 566 ₹ | High price | 1,108 ₹ | PEG Ratio | 1.18 | Debt to equity | 3.82 |
| 52w Index | 68.5 % | Qtr Profit Var | 40.9 % | EPS | 53.1 ₹ | Industry PE | 18.2 |
📊 Chart & Indicators: SHRIRAMFIN is trading at ₹937, below its 50 DMA (₹988) but above 200 DMA (₹872), showing short-term weakness but long-term support. RSI at 40.7 indicates near oversold conditions, while MACD at -4.43 confirms bearish momentum. Price is consolidating between support (~₹920–₹930) and resistance (~₹970–₹980). Volume (62.1L) is below weekly average (87.5L), suggesting reduced participation.
🎯 Entry/Exit Zones:
- Buy Zone: ₹920–₹940 (near support)
- Stop-Loss: ₹900
- Exit Levels: ₹970–₹980 (short-term resistance), ₹1,000–₹1,020 (major resistance near 50 DMA)
📈 Trend Status: Consolidating with bearish bias; RSI near oversold hints at potential bounce, but MACD negative and price below 50 DMA confirm weak short-term momentum.
✅ Positive
- Quarterly PAT growth: ₹3,014 Cr vs ₹2,522 Cr (+40.9%)
- EPS strong at ₹53.1
- ROE at 16.4% remains healthy
- Dividend yield at 1.06% supports investors
- FII holdings increased (+8.93%)
⚠️ Limitation
- Price below 50 DMA, weak short-term trend
- High debt-to-equity ratio (3.82)
- Valuation slightly above industry PE (22.1 vs 18.2)
- Volume below weekly average, showing weak participation
📉 Company Negative News
- Correction from 52-week high (₹1,108 → ₹937)
- DII holdings reduced (-2.67%)
- MACD negative, confirming bearish momentum
📊 Company Positive News
- Strong quarterly profit growth (+40.9%)
- Dividend yield at 1.06% attractive
- Price supported above 200 DMA
🏦 Industry
- Industry PE at 18.2, lower than SHRIRAMFIN’s PE (22.1)
- NBFC sector demand remains strong with credit expansion
- High leverage across peers remains a sector challenge
📝 Conclusion
SHRIRAMFIN is consolidating near support with RSI near oversold, offering short-term bounce potential. However, weak technicals below 50 DMA and high leverage limit upside. Best suited for cautious swing trades with entry near ₹920–₹940 and exit around ₹970–₹980; long-term investors should monitor debt levels and wait for sustained breakout above ₹1,000–₹1,020.
Would you like me to also generate a long-term fundamental investment rating (1–5) for SHRIRAMFIN, so you can directly compare its technical momentum with its fundamental outlook?