STARHEALTH - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | STARHEALTH | Market Cap | 27,137 Cr. | Current Price | 461 ₹ | High / Low | 534 ₹ |
| Stock P/E | 60.8 | Book Value | 127 ₹ | Dividend Yield | 0.00 % | ROCE | 12.0 % |
| ROE | 9.37 % | Face Value | 10.0 ₹ | DMA 50 | 461 ₹ | DMA 200 | 460 ₹ |
| Chg in FII Hold | 0.56 % | Chg in DII Hold | -0.13 % | PAT Qtr | 128 Cr. | PAT Prev Qtr | 54.9 Cr. |
| RSI | 51.2 | MACD | -0.74 | Volume | 4,94,550 | Avg Vol 1Wk | 5,28,859 |
| Low price | 327 ₹ | High price | 534 ₹ | PEG Ratio | 1.62 | Debt to equity | 0.06 |
| 52w Index | 64.7 % | Qtr Profit Var | -40.4 % | EPS | 7.59 ₹ | Industry PE | 33.4 |
📊 Chart & Trend Analysis: STARHEALTH is trading at ₹461, exactly at its 50 DMA (₹461) and 200 DMA (₹460), indicating consolidation. RSI at 51.2 suggests neutral momentum. MACD at -0.74 shows mild bearish crossover. Bollinger Bands show price near the mid-range, signaling sideways movement with limited breakout potential.
📈 Volume Trends: Current volume (4,94,550) is slightly below the 1-week average (5,28,859), showing reduced participation and mild caution among traders.
🔑 Momentum Signals: Short-term momentum is weak, with support around ₹450–₹455 and resistance near ₹480–₹490.
💰 Entry Zone: ₹450–₹455 (near DMA support).
📉 Exit Zone: ₹480–₹490 (resistance near upper trendline).
📌 Trend Status: The stock is consolidating with neutral bias, awaiting stronger volume or breakout signals for direction.
Positive
- EPS of ₹7.59 with profitability.
- ROCE at 12% and ROE at 9.37% indicate moderate efficiency.
- Debt-to-equity ratio at 0.06, showing low leverage.
- FII holdings increased by 0.56%, showing foreign investor confidence.
- Strong 52-week return of 64.7%.
Limitation
- High P/E ratio (60.8) compared to industry average (33.4).
- Dividend yield at 0.00%, no income support for investors.
- PEG ratio of 1.62 suggests expensive valuation relative to growth.
Company Negative News
- PAT declined from ₹147 Cr. to ₹57.7 Cr. quarter-on-quarter (-40.4%).
- DII holdings decreased by 0.13%, showing reduced domestic institutional confidence.
Company Positive News
- PAT improved from ₹54.9 Cr. to ₹128 Cr. sequentially, showing recovery momentum.
- Stock trading at strong support levels near DMA, signaling stability.
Industry
- Industry PE at 33.4, much lower than STARHEALTH’s valuation, showing premium pricing.
- Health insurance sector remains resilient with rising demand for coverage.
Conclusion
⚖️ STARHEALTH is consolidating with neutral undertones, trading at key moving averages. Optimal strategy: accumulate near ₹450–₹455 support and consider profit booking around ₹480–₹490 resistance. Long-term investors should monitor valuation premium and profit stability, but fundamentals remain supported by low debt and strong sector demand.