⚠ 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: 3.4
| Stock Code | SHRIRAMFIN | Market Cap | 2,21,601 Cr. | Current Price | 942 ₹ | High / Low | 1,108 ₹ |
| Stock P/E | 22.2 | Book Value | 349 ₹ | Dividend Yield | 1.15 % | ROCE | 11.5 % |
| ROE | 16.4 % | Face Value | 2.00 ₹ | DMA 50 | 970 ₹ | DMA 200 | 883 ₹ |
| Chg in FII Hold | 8.93 % | Chg in DII Hold | -2.67 % | PAT Qtr | 3,014 Cr. | PAT Prev Qtr | 2,522 Cr. |
| RSI | 45.7 | MACD | -16.6 | Volume | 56,66,664 | Avg Vol 1Wk | 50,68,799 |
| Low price | 566 ₹ | High price | 1,108 ₹ | PEG Ratio | 1.19 | Debt to equity | 3.82 |
| 52w Index | 69.3 % | Qtr Profit Var | 40.9 % | EPS | 53.1 ₹ | Industry PE | 18.7 |
📈 Chart & Trend Analysis
- Moving Averages: Current price (₹942) is below 50 DMA (₹970) but above 200 DMA (₹883), showing medium-term weakness but long-term strength.
- RSI: At 45.7, the stock is neutral-to-weak, not oversold yet.
- MACD: Negative (-16.6), suggesting bearish divergence despite overall uptrend.
- Bollinger Bands: Price is near the mid-band, indicating consolidation.
- Volume Trends: Current volume (56,66,664) is slightly above 1-week average (50,68,799), showing healthy participation.
📊 Momentum & Signals
- Short-term momentum: Neutral to weak, with MACD bearish but price supported by long-term averages.
- Support Zone: ₹930 – ₹940 (near-term support).
- Resistance Zone: ₹970 – ₹980 (50 DMA and psychological barrier).
- Entry Zone: ₹935 – ₹945 (near support, cautious entry).
- Exit Zone: ₹970 – ₹980 (resistance levels).
📉 Trend Status
The stock is currently in a consolidation phase with neutral RSI and weak MACD. Sustained move above ₹980 could confirm reversal into a stronger uptrend, while failure to hold ₹930 may trigger downside.
✅ Positive
- Strong ROE (16.4%) and ROCE (11.5%) indicate efficient capital use.
- Dividend yield of 1.15% provides income stability.
- Quarterly PAT growth (₹3,014 Cr vs ₹2,522 Cr) supports earnings momentum.
- EPS of ₹53.1 reflects solid profitability.
⚠️ Limitation
- High debt-to-equity ratio (3.82), indicating significant leverage risk.
- P/E ratio (22.2) is above industry average (18.7), suggesting relatively expensive valuation.
- RSI below 50 and negative MACD show weak short-term momentum.
📰 Company Negative News
- DII holding decreased (-2.67%), showing reduced domestic institutional confidence.
🌟 Company Positive News
- FII holding increased (+8.93%), reflecting strong foreign investor support.
- Quarterly profit variation (+40.9%) highlights strong earnings growth.
🏦 Industry
- Industry PE at 18.7, lower than SHRIRAMFIN’s 22.2, suggesting peers are cheaper.
- Financial services sector benefits from rising credit demand and economic expansion but faces leverage risks.
📌 Conclusion
SHRIRAMFIN is in a consolidation phase with strong fundamentals but weak short-term momentum. Entry near ₹935 – ₹945 with exit around ₹970 – ₹980 is optimal for short-term traders. Long-term investors should weigh strong earnings growth and FII support against high leverage and relatively expensive valuation.