SUNDARMFIN - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.8

📊 Chart Patterns: SUNDARMFIN is trading above both its 50 DMA (4,703 ₹) and 200 DMA (4,701 ₹), showing strong support levels. Resistance lies near 5,419 ₹, while support is around 4,700 ₹. The chart indicates an upward bias with consolidation near highs.

📈 Moving Averages: Current price (4,939 ₹) is comfortably above both 50 DMA and 200 DMA, signaling bullish momentum.

📉 RSI: At 56.5, RSI is neutral to slightly bullish, suggesting room for further upside without being overbought.

📈 MACD: Positive (27.5), confirming bullish crossover and continued upward momentum.

📊 Bollinger Bands: Price is near the mid-to-upper band, indicating strength but also potential resistance near 5,200–5,400 ₹.

📊 Volume Trends: Current volume (39,112) is above average weekly volume (32,800), showing healthy participation and accumulation.

🚦 Momentum Signals: Short-term momentum is bullish. Sustained move above 5,000 ₹ could trigger rally toward 5,419 ₹.

🎯 Entry Zone: 4,700–4,800 ₹ (near DMA support).

🎯 Exit Zone: 5,350–5,419 ₹ (resistance zone).

📌 Trend Status: The stock is trending upward with consolidation near highs.

Positive

• EPS of 155 ₹ reflects strong earnings power.
• Healthy ROE (14.7%) and improving quarterly profit variation (+15.9%).
• FII holdings increased by 0.25%, showing foreign investor confidence.

Limitation

• High debt-to-equity ratio (4.00) adds leverage risk.
• P/E of 31.9 is above industry average (21.2), suggesting overvaluation.
• ROCE at 9.71% is relatively modest compared to peers.

Company Negative News

• PAT declined from 429 Cr. to 394 Cr. sequentially.
• DII holdings reduced by -0.45%, showing weaker domestic institutional support.

Company Positive News

• Quarterly profit variation improved (+15.9%).
• Strong EPS and consistent dividend yield (0.74%).

Industry

• Industry P/E at 21.2 indicates moderate valuation compared to SUNDARMFIN’s higher levels.
• NBFC sector remains supported by credit demand and financial services growth.

Conclusion

⚖️ SUNDARMFIN is trending upward with bullish signals from MACD, RSI, and moving averages. Entry near 4,700–4,800 ₹ offers favorable risk-reward, with exit around 5,350–5,419 ₹. Long-term investors should weigh strong earnings and institutional support against high leverage and valuation risks.