SUNDARMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | SUNDARMFIN | Market Cap | 55,098 Cr. | Current Price | 4,958 ₹ | High / Low | 5,419 ₹ |
| Stock P/E | 32.1 | Book Value | 1,162 ₹ | Dividend Yield | 0.71 % | ROCE | 9.71 % |
| ROE | 14.7 % | Face Value | 10.0 ₹ | DMA 50 | 5,017 ₹ | DMA 200 | 4,818 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.06 % | PAT Qtr | 394 Cr. | PAT Prev Qtr | 429 Cr. |
| RSI | 43.2 | MACD | 26.4 | Volume | 20,614 | Avg Vol 1Wk | 72,851 |
| Low price | 4,200 ₹ | High price | 5,419 ₹ | PEG Ratio | 1.67 | Debt to equity | 4.00 |
| 52w Index | 62.2 % | Qtr Profit Var | 15.9 % | EPS | 155 ₹ | Industry PE | 18.9 |
📈 Chart Patterns & Trend: SUNDARMFIN is trading at 4,958 ₹, slightly below the 50 DMA (5,017 ₹) but above the 200 DMA (4,818 ₹). This indicates medium-term strength but short-term weakness. RSI at 43.2 suggests the stock is approaching oversold territory. MACD at 26.4 shows mild bullish momentum. Bollinger Bands place price near the lower-middle range, hinting at consolidation with potential for rebound.
📊 Volume Trends: Current volume (20k) is significantly lower than the 1-week average (72k), reflecting weak participation and cautious sentiment among traders.
🎯 Momentum Signals:
- Price below 50 DMA but above 200 DMA indicates consolidation.
- RSI near 40 signals potential for a technical bounce.
- MACD positive, showing mild bullish undertone.
💡 Entry Zone: 4,850–4,900 ₹ (near 200 DMA support).
🚪 Exit Zone: 5,350–5,420 ₹ (near resistance and 52-week high).
🔎 Overall Trend: The stock is consolidating between support and resistance levels. Sustained recovery requires crossing 5,017 ₹ (50 DMA) with volume support.
Positive
- EPS of 155 ₹ supports strong earnings base.
- ROE of 14.7% indicates solid shareholder returns.
- FII (+0.07%) and DII (+0.06%) holdings both increased, showing institutional confidence.
- Quarterly profit variation improved (+15.9%).
Limitation
- Stock trading below 50 DMA, showing short-term weakness.
- High debt-to-equity ratio of 4.00 raises leverage concerns.
- ROCE at 9.71% is relatively modest compared to peers.
- Low trading volumes indicate weak momentum.
Company Negative News
- Quarterly PAT declined from 429 Cr. to 394 Cr., showing earnings pressure.
- High leverage continues to be a structural risk.
Company Positive News
- EPS of 155 ₹ highlights strong profitability.
- Institutional confidence with both FII and DII holdings increasing.
- Dividend yield of 0.71% provides steady income for investors.
Industry
- Industry PE at 18.9 is lower than SUNDARMFIN’s PE of 32.1, suggesting premium valuation.
- Financial services sector remains resilient with credit demand growth.
- Sector consolidation favors established players like SUNDARMFIN.
Conclusion
SUNDARMFIN is consolidating near support levels with mixed momentum signals. Entry near 4,850–4,900 ₹ offers favorable risk-reward, while resistance lies at 5,350–5,420 ₹. The stock needs stronger volume and a break above 5,017 ₹ to confirm bullish reversal. Long-term fundamentals remain strong, but short-term traders should be cautious until momentum improves.
I can also prepare a comparative snapshot of SUNDARMFIN vs SUNTV to highlight which one offers better near-term trading opportunities.