SJVN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | SJVN | Market Cap | 27,658 Cr. | Current Price | 70.4 ₹ | High / Low | 108 ₹ |
| Stock P/E | 30.3 | Book Value | 37.6 ₹ | Dividend Yield | 2.07 % | ROCE | 8.36 % |
| ROE | 6.86 % | Face Value | 10.0 ₹ | DMA 50 | 73.7 ₹ | DMA 200 | 83.7 ₹ |
| Chg in FII Hold | 0.14 % | Chg in DII Hold | -0.33 % | PAT Qtr | 252 Cr. | PAT Prev Qtr | 372 Cr. |
| RSI | 45.6 | MACD | -1.31 | Volume | 76,31,067 | Avg Vol 1Wk | 75,42,227 |
| Low price | 67.1 ₹ | High price | 108 ₹ | PEG Ratio | -34.8 | Debt to equity | 0.70 |
| 52w Index | 8.17 % | Qtr Profit Var | 80.8 % | EPS | 2.32 ₹ | Industry PE | 30.0 |
📊 Chart & Trend Analysis: SJVN is trading at ₹70.4, below both its 50 DMA (₹73.7) and 200 DMA (₹83.7), indicating bearish momentum. RSI at 45.6 suggests neutral momentum, not oversold yet. MACD at -1.31 shows weak negative crossover. Bollinger Bands suggest price hovering near the lower band, pointing to consolidation with downside risk.
📈 Volume Trends: Current volume (76,31,067) is slightly above the 1-week average (75,42,227), showing steady participation but no strong accumulation.
🔑 Momentum Signals: Short-term signals remain weak, with potential support near ₹67–₹70. Resistance lies around ₹74–₹78.
💰 Entry Zone: ₹67–₹70 (near support).
📉 Exit Zone: ₹74–₹78 (resistance near 50 DMA).
📌 Trend Status: The stock is consolidating with bearish bias, not yet reversing, but showing potential for a rebound if support holds.
Positive
- Dividend yield of 2.07% provides steady income.
- EPS of ₹2.32 with consistent profitability.
- FII holdings increased by 0.14%, showing foreign investor interest.
Limitation
- Low ROCE (8.36%) and ROE (6.86%) compared to peers.
- Trading below both 50 DMA and 200 DMA.
- PEG ratio of -34.8 indicates weak growth prospects.
Company Negative News
- PAT declined from ₹372 Cr. to ₹252 Cr. quarter-on-quarter.
- DII holdings decreased by 0.33%, showing reduced domestic institutional confidence.
Company Positive News
- Quarterly profit variation shows strong volatility (80.8%), potential for recovery.
- Dividend yield remains attractive compared to industry peers.
Industry
- Industry PE at 30.0, in line with SJVN’s valuation (30.3).
- Power and energy sector remains crucial for infrastructure growth in India.
Conclusion
⚖️ SJVN is consolidating near support levels with weak short-term momentum. Optimal strategy: accumulate near ₹67–₹70 support and consider profit booking around ₹74–₹78 resistance. Long-term investors should weigh dividend yield against low ROE/ROCE and declining quarterly profits.