SUNDARMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | SUNDARMFIN | Market Cap | 50,383 Cr. | Current Price | 4,535 ₹ | High / Low | 5,642 ₹ |
| Stock P/E | 27.7 | Book Value | 1,162 ₹ | Dividend Yield | 0.77 % | ROCE | 9.71 % |
| ROE | 14.7 % | Face Value | 10.0 ₹ | DMA 50 | 4,918 ₹ | DMA 200 | 4,909 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.26 % | PAT Qtr | 453 Cr. | PAT Prev Qtr | 394 Cr. |
| RSI | 37.0 | MACD | -84.8 | Volume | 96,843 | Avg Vol 1Wk | 75,688 |
| Low price | 4,200 ₹ | High price | 5,642 ₹ | PEG Ratio | 1.44 | Debt to equity | 4.00 |
| 52w Index | 23.2 % | Qtr Profit Var | 29.7 % | EPS | 159 ₹ | Industry PE | 18.2 |
📈 Chart Patterns & Trend: SUNDARMFIN is trading below both 50 DMA (₹4,918) and 200 DMA (₹4,909) with current price at ₹4,535, indicating weakness. The stock is consolidating near support zones but showing bearish undertone. Trend bias is neutral-to-bearish.
📊 Indicators: RSI at 37.0 suggests oversold territory, which may attract buyers. MACD negative at -84.8 signals strong bearish momentum. Bollinger Bands show price near lower band, reflecting selling pressure.
🔎 Volume: Current volume (96,843) is above average weekly volume (75,688), showing heightened activity during decline.
🎯 Entry Zone: ₹4,400–₹4,450 (near support and oversold RSI)
🚪 Exit Zone: ₹4,850–₹4,900 (resistance near DMA levels)
Positive
- Quarterly PAT growth of 29.7% (₹453 Cr. vs ₹394 Cr.).
- EPS of ₹159 and ROE of 14.7% show strong profitability.
- DII holdings increased by 0.26%, reflecting domestic confidence.
- PEG ratio of 1.44 indicates reasonable valuation relative to growth.
Limitation
- High debt-to-equity ratio of 4.00 raises leverage concerns.
- ROCE at 9.71% is modest compared to peers.
- Stock trading below DMA levels shows weak technical strength.
- FII holdings decreased by 0.16%, showing reduced foreign investor interest.
Company Negative News
- Decline in foreign institutional holdings signals reduced global confidence.
- Dividend yield is low at 0.77%, offering limited income to investors.
Company Positive News
- Strong quarterly profit growth supports earnings momentum.
- EPS of ₹159 reflects strong earnings power.
- Stock trading near oversold RSI levels may attract swing traders.
Industry
- Industry PE at 18.2 is lower than SUNDARMFIN’s 27.7, indicating premium valuation.
- Financial services sector remains resilient with credit demand growth.
Conclusion
SUNDARMFIN is consolidating near support with bearish momentum. Entry near ₹4,400–₹4,450 offers tactical opportunity, with exit around ₹4,850–₹4,900. Strong earnings support fundamentals, but high debt and weak technicals limit upside potential. Short-term bias remains cautious.
Would you like me to extend this with a peer comparison overlay (e.g., against M&MFIN, SHRIRAMFIN, and BAJAJFINSV) to highlight sector-relative positioning?