⚠ 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: 3.4
| Stock Code | SRF | Market Cap | 78,453 Cr. | Current Price | 2,646 ₹ | High / Low | 3,325 ₹ |
| Stock P/E | 43.8 | Book Value | 428 ₹ | Dividend Yield | 0.34 % | ROCE | 15.9 % |
| ROE | 14.8 % | Face Value | 10.0 ₹ | DMA 50 | 2,614 ₹ | DMA 200 | 2,750 ₹ |
| Chg in FII Hold | -0.81 % | Chg in DII Hold | 0.99 % | PAT Qtr | 515 Cr. | PAT Prev Qtr | 528 Cr. |
| RSI | 52.2 | MACD | 28.9 | Volume | 5,31,819 | Avg Vol 1Wk | 3,94,392 |
| Low price | 2,314 ₹ | High price | 3,325 ₹ | PEG Ratio | -11.2 | Debt to equity | 0.27 |
| 52w Index | 32.9 % | Qtr Profit Var | 0.45 % | EPS | 58.2 ₹ | Industry PE | 19.7 |
📈 Chart & Trend Analysis
- Moving Averages: Current price (₹2,646) is above 50 DMA (₹2,614) but below 200 DMA (₹2,750), showing short-term strength but medium-term weakness.
- RSI: At 52.2, the stock is neutral, neither overbought nor oversold.
- MACD: Positive (28.9), indicating bullish momentum building.
- Bollinger Bands: Price is near the mid-band, suggesting consolidation with potential upside.
- Volume Trends: Current volume (5,31,819) is above 1-week average (3,94,392), showing strong participation in recent moves.
📊 Momentum & Signals
- Short-term momentum: Positive, supported by MACD and volume strength.
- Support Zone: ₹2,600 – ₹2,620 (near-term support).
- Resistance Zone: ₹2,750 – ₹2,800 (200 DMA and psychological barrier).
- Entry Zone: ₹2,620 – ₹2,640 (near support, bullish signals).
- Exit Zone: ₹2,750 – ₹2,800 (resistance levels).
📉 Trend Status
The stock is currently in a consolidation phase with bullish bias. Sustained move above ₹2,750 could confirm a reversal into an uptrend.
✅ Positive
- Strong ROCE (15.9%) and ROE (14.8%) indicate efficient capital use.
- Debt-to-equity ratio at 0.27 shows low leverage.
- EPS of ₹58.2 reflects solid earnings power.
⚠️ Limitation
- High P/E ratio (43.8) compared to industry average (19.7), making valuation expensive.
- Dividend yield is low (0.34%), limiting income appeal.
- Negative PEG ratio (-11.2), suggesting poor growth-adjusted valuation.
📰 Company Negative News
- Decline in FII holding (-0.81%), showing reduced foreign investor confidence.
- PAT slightly declined (₹515 Cr vs ₹528 Cr previous quarter).
🌟 Company Positive News
- DII holding increased (+0.99%), reflecting strong domestic institutional support.
- Stable quarterly profit variation (0.45%) despite sector challenges.
🏦 Industry
- Industry PE at 19.7, much lower than SRF’s 43.8, suggesting peers are cheaper.
- Chemical and industrial sector demand remains steady with global recovery trends.
📌 Conclusion
SRF is in a consolidation phase with bullish signals from MACD and volume. Entry near ₹2,620 – ₹2,640 with exit around ₹2,750 – ₹2,800 is optimal for short-term traders. Long-term investors should weigh strong fundamentals against high valuations.