SUNDARMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | SUNDARMFIN | Market Cap | 50,035 Cr. | Current Price | 4,501 ₹ | High / Low | 5,642 ₹ |
| Stock P/E | 27.5 | Book Value | 1,162 ₹ | Dividend Yield | 0.78 % | ROCE | 9.71 % |
| ROE | 14.7 % | Face Value | 10.0 ₹ | DMA 50 | 4,773 ₹ | DMA 200 | 4,866 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.26 % | PAT Qtr | 453 Cr. | PAT Prev Qtr | 394 Cr. |
| RSI | 39.3 | MACD | -82.7 | Volume | 45,582 | Avg Vol 1Wk | 52,336 |
| Low price | 4,200 ₹ | High price | 5,642 ₹ | PEG Ratio | 1.43 | Debt to equity | 4.00 |
| 52w Index | 20.9 % | Qtr Profit Var | 29.7 % | EPS | 159 ₹ | Industry PE | 18.7 |
📊 Chart Analysis: SUNDARMFIN is trading at ₹4,501, below both the 50 DMA (₹4,773) and 200 DMA (₹4,866), indicating short-term weakness. RSI at 39.3 suggests the stock is approaching oversold territory. MACD at -82.7 confirms bearish momentum. Bollinger Bands show price near the lower band, reflecting selling pressure. Current volume (45.5K) is slightly below the 1-week average (52.3K), indicating reduced participation.
📈 Momentum Signals: Short-term momentum is negative, but RSI hints at potential rebound if support holds. MACD remains bearish, so caution is advised.
💹 Support & Resistance: Strong support lies near ₹4,200 (recent low). Immediate resistance is at ₹4,773 (50 DMA) and ₹4,866 (200 DMA). Optimal entry zone: ₹4,350–₹4,450. Exit zone: ₹4,750–₹4,850.
🔄 Trend Status: The stock is currently consolidating downward with potential reversal signs if support near ₹4,200 holds.
Positive
- ✅ EPS of ₹159 supports valuation strength.
- ✅ ROE of 14.7% and ROCE of 9.71% show decent capital efficiency.
- ✅ Dividend yield of 0.78% provides steady returns.
- ✅ PAT improved sequentially from ₹394 Cr. to ₹453 Cr.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, showing weak technical strength.
- ⚠️ Debt-to-equity ratio of 4.00 indicates high leverage risk.
- ⚠️ PEG ratio of 1.43 suggests valuation is not cheap relative to growth.
Company Negative News
- 📉 FII holdings decreased by -0.16%, showing reduced foreign investor interest.
- 📉 Stock trading at only 20.9% of its 52-week index, reflecting underperformance.
Company Positive News
- 📈 DII holdings increased by 0.26%, showing domestic investor confidence.
- 📈 Sequential profit growth of 29.7% highlights improving performance.
Industry
- 🏦 NBFC sector trading at industry P/E of 18.7, lower than SUNDARMFIN’s P/E of 27.5, suggesting premium valuation.
- 🏦 Sector supported by rising credit demand and financial inclusion initiatives.
Conclusion
📌 SUNDARMFIN is consolidating downward, trading below key moving averages with bearish MACD. Entry around ₹4,350–₹4,450 with exit near ₹4,750–₹4,850 offers a cautious setup. Fundamentals show strong EPS and improving profits, but high leverage and premium valuation are concerns. The stock may stabilize if support near ₹4,200 holds.
For deeper insights, you could explore a NBFC sector outlook or compare SUNDARMFIN with peers through a valuation comparison.