⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
SUNDARMFIN - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | SUNDARMFIN | Market Cap | 55,510 Cr. | Current Price | 5,000 ₹ | High / Low | 5,642 ₹ |
| Stock P/E | 30.5 | Book Value | 1,162 ₹ | Dividend Yield | 0.70 % | ROCE | 9.71 % |
| ROE | 14.7 % | Face Value | 10.0 ₹ | DMA 50 | 5,231 ₹ | DMA 200 | 4,958 ₹ |
| Chg in FII Hold | 0.07 % | Chg in DII Hold | 0.06 % | PAT Qtr | 453 Cr. | PAT Prev Qtr | 394 Cr. |
| RSI | 38.2 | MACD | -49.7 | Volume | 1,23,291 | Avg Vol 1Wk | 76,704 |
| Low price | 4,200 ₹ | High price | 5,642 ₹ | PEG Ratio | 1.59 | Debt to equity | 4.00 |
| 52w Index | 55.4 % | Qtr Profit Var | 29.7 % | EPS | 159 ₹ | Industry PE | 17.2 |
📊 Technical Analysis
- Chart Patterns: Stock correcting from highs of ₹5,642, currently near support at ₹4,950–₹5,000. Resistance lies around ₹5,230 (50 DMA).
- Moving Averages: Price (₹5,000) below 50 DMA (₹5,231) but above 200 DMA (₹4,958), showing medium-term strength but short-term weakness.
- RSI: 38.2 — oversold zone, suggesting potential rebound.
- MACD: -49.7 — bearish crossover, confirming negative momentum.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (1.23 Lakh) above 1-week average (76.7K), showing increased activity during correction.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold signals hint at possible rebound.
- Entry Zone: ₹4,950–₹5,000 (support region).
- Exit Zone: ₹5,230–₹5,300 (resistance region).
- Trend Status: Consolidating with bearish bias, potential reversal if support holds.
✅ Positive
- Quarterly PAT growth (₹453 Cr vs ₹394 Cr, +29.7%).
- EPS at ₹159, strong earnings base.
- ROE at 14.7% indicates efficient capital usage.
- FII (+0.07%) and DII (+0.06%) holdings both increased.
⚠️ Limitation
- ROCE at 9.71% is relatively weak.
- Debt-to-equity ratio high at 4.00.
- Stock P/E (30.5) above industry average (17.2).
- RSI and MACD both show short-term weakness.
📉 Company Negative News
- High leverage levels raise concerns about long-term sustainability.
- Short-term technical weakness with MACD bearish crossover.
📈 Company Positive News
- Strong quarterly profit growth (+29.7%).
- Stock trading above 200 DMA, showing medium-term strength.
- Institutional investors (FII & DII) increased holdings.
🏦 Industry
- NBFC sector PE at 17.2, making SUNDARMFIN relatively expensive.
- Industry supported by credit growth and rising demand for financing.
🔎 Conclusion
- SUNDARMFIN is consolidating with short-term weakness but medium-term strength.
- Oversold RSI suggests potential rebound from ₹4,950–₹5,000 support zone.
- Optimal strategy: accumulate near support, book profits around ₹5,230–₹5,300.
- Risk caution: high debt levels and weak ROCE.