⚠ 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.
SOBHA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | SOBHA | Market Cap | 14,818 Cr. | Current Price | 1,385 ₹ | High / Low | 1,732 ₹ |
| Stock P/E | 64.3 | Book Value | 424 ₹ | Dividend Yield | 0.22 % | ROCE | 6.98 % |
| ROE | 3.31 % | Face Value | 10.0 ₹ | DMA 50 | 1,478 ₹ | DMA 200 | 1,492 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | -0.26 % | PAT Qtr | 30.7 Cr. | PAT Prev Qtr | 104 Cr. |
| RSI | 41.4 | MACD | -29.0 | Volume | 1,82,692 | Avg Vol 1Wk | 1,44,475 |
| Low price | 1,075 ₹ | High price | 1,732 ₹ | PEG Ratio | -8.14 | Debt to equity | 0.23 |
| 52w Index | 47.1 % | Qtr Profit Var | 11.4 % | EPS | 21.6 ₹ | Industry PE | 30.2 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (1,478 ₹) and 200 DMA (1,492 ₹), showing weakness and a bearish bias.
- Moving Averages: Current price (1,385 ₹) under both averages → bearish setup.
- RSI: 41.4 → weak momentum, approaching oversold territory.
- MACD: -29.0 → bearish crossover, confirming downward pressure.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (1.82 lakh) slightly above 1-week average (1.44 lakh), showing increased participation on the downside.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold indicators suggest possible rebound.
- Entry Zone: 1,360–1,390 ₹ (near support at 1,075 ₹).
- Exit Zone: 1,470–1,500 ₹ (near 50 DMA resistance).
- Trend Status: Consolidating with bearish tilt; reversal possible only if price sustains above 1,478 ₹.
✅ Positive
- EPS of 21.6 ₹ provides earnings visibility.
- Debt-to-equity ratio of 0.23 indicates moderate leverage and financial stability.
- 52-week index performance at 47.1% shows resilience compared to broader market.
⚠️ Limitation
- High P/E of 64.3 compared to industry PE of 30.2.
- ROCE (6.98%) and ROE (3.31%) are weak, showing poor capital efficiency.
- Dividend yield of 0.22% is modest, limiting income appeal.
- PEG ratio of -8.14 suggests poor growth-adjusted valuation.
📉 Company Negative News
- PAT declined sharply from 104 Cr. to 30.7 Cr. sequentially.
- FII holdings decreased by -0.15% and DII holdings decreased by -0.26%, showing reduced institutional confidence.
📈 Company Positive News
- Quarterly profit variation shows improvement (+11.4%) year-on-year despite sequential decline.
- Stable EPS and moderate debt levels provide some financial cushion.
🏭 Industry
- Industry PE at 30.2, much lower than SOBHA’s 64.3, suggesting sector peers may be more attractively valued.
- Real estate sector remains cyclical but supported by housing demand and infrastructure growth.
🔎 Conclusion
- SOBHA is consolidating near support levels with bearish signals from DMA, RSI, and MACD.
- Short-term traders may consider entry around 1,360–1,390 ₹ with exit near 1,470–1,500 ₹.
- Long-term investors should be cautious due to high valuation and weak profitability despite moderate debt and sector demand.