⚠ 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.
SRF - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | SRF | Market Cap | 80,829 Cr. | Current Price | 2,726 ₹ | High / Low | 3,325 ₹ |
| Stock P/E | 44.9 | Book Value | 406 ₹ | Dividend Yield | 0.33 % | ROCE | 13.7 % |
| ROE | 11.5 % | Face Value | 10.0 ₹ | DMA 50 | 2,929 ₹ | DMA 200 | 2,913 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.65 % | PAT Qtr | 528 Cr. | PAT Prev Qtr | 363 Cr. |
| RSI | 35.7 | MACD | -68.9 | Volume | 2,11,739 | Avg Vol 1Wk | 5,06,118 |
| Low price | 2,570 ₹ | High price | 3,325 ₹ | PEG Ratio | -8.05 | Debt to equity | 0.25 |
| 52w Index | 20.7 % | Qtr Profit Var | 88.5 % | EPS | 58.4 ₹ | Industry PE | 17.5 |
📊 Technical Analysis
- Chart Patterns: Stock is trading near support at 2,570 ₹, below both 50 DMA (2,929 ₹) and 200 DMA (2,913 ₹), indicating bearish sentiment.
- Moving Averages: Current price (2,726 ₹) is below both 50 DMA and 200 DMA → bearish bias.
- RSI: 35.7 → approaching oversold zone, suggesting limited downside but weak momentum.
- MACD: -68.9 → strong bearish crossover, confirming downward pressure.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (2.1 lakh) significantly below 1-week average (5.0 lakh), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold indicators suggest possible rebound.
- Entry Zone: 2,570–2,650 ₹ (near support, oversold RSI).
- Exit Zone: 2,900–2,950 ₹ (near 50 DMA resistance).
- Trend Status: Consolidating with bearish tilt; reversal possible only if price sustains above 2,930 ₹.
✅ Positive
- Strong quarterly PAT growth (363 Cr. → 528 Cr.).
- DII holdings increased by 0.65%, showing domestic institutional confidence.
- Low debt-to-equity ratio of 0.25 indicates financial stability.
⚠️ Limitation
- High P/E of 44.9 compared to industry PE of 17.5.
- Dividend yield of 0.33% is low, limiting income appeal.
- PEG ratio of -8.05 suggests poor growth-adjusted valuation.
📉 Company Negative News
- FII holdings decreased by -0.50%, showing reduced foreign investor confidence.
- Stock trading below both 50 DMA and 200 DMA, signaling weakness.
📈 Company Positive News
- Quarterly profit variation shows strong growth (+88.5%).
- EPS of 58.4 ₹ reflects strong earnings power.
🏭 Industry
- Industry PE at 17.5, much lower than SRF’s 44.9, suggesting sector peers may be more attractively valued.
- Chemicals and industrial sector remains cyclical but supported by demand in specialty chemicals.
🔎 Conclusion
- SRF is currently consolidating near support levels with bearish signals from DMA and MACD.
- Short-term traders may consider entry around 2,570–2,650 ₹ with exit near 2,900–2,950 ₹.
- Long-term investors should be cautious due to high valuation relative to industry and weak technical momentum despite strong earnings growth.
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