SUNDRMFAST - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | SUNDRMFAST | Market Cap | 17,781 Cr. | Current Price | 846 ₹ | High / Low | 1,080 ₹ |
| Stock P/E | 31.4 | Book Value | 193 ₹ | Dividend Yield | 0.85 % | ROCE | 17.8 % |
| ROE | 14.7 % | Face Value | 1.00 ₹ | DMA 50 | 835 ₹ | DMA 200 | 921 ₹ |
| Chg in FII Hold | 1.23 % | Chg in DII Hold | -1.44 % | PAT Qtr | 158 Cr. | PAT Prev Qtr | 130 Cr. |
| RSI | 58.6 | MACD | 3.17 | Volume | 1,15,744 | Avg Vol 1Wk | 84,158 |
| Low price | 730 ₹ | High price | 1,080 ₹ | PEG Ratio | 4.55 | Debt to equity | 0.11 |
| 52w Index | 33.2 % | Qtr Profit Var | 26.3 % | EPS | 27.6 ₹ | Industry PE | 27.3 |
📈 Chart Patterns & Trend: SUNDRMFAST is trading above its 50 DMA (₹835) but below its 200 DMA (₹921), showing short-term strength but medium-term weakness. Current price at ₹846 suggests consolidation with mild bullish bias. Trend is neutral-to-bullish with potential for swing recovery.
📊 Indicators: RSI at 58.6 indicates moderate momentum, leaning bullish. MACD positive at 3.17 confirms short-term upward crossover. Bollinger Bands show price near mid-to-upper band, suggesting controlled upward movement.
🔎 Volume: Current volume (1.15 Lakh) is above average weekly volume (84K), showing strong participation and accumulation interest.
🎯 Entry Zone: ₹830–₹840 (near 50 DMA support)
🚪 Exit Zone: ₹880–₹900 (resistance zone, potential swing target)
Positive
- Strong ROCE (17.8%) and ROE (14.7%) reflect efficient capital usage.
- Quarterly PAT growth of 26.3% (₹158 Cr. vs ₹130 Cr.).
- EPS of ₹27.6 supports earnings strength.
- FII holdings increased by 1.23%, showing foreign investor confidence.
- Low debt-to-equity ratio (0.11) ensures financial stability.
Limitation
- Stock P/E (31.4) is higher than industry average (27.3), indicating premium valuation.
- DII holdings decreased by 1.44%, showing domestic caution.
- PEG ratio of 4.55 suggests expensive growth expectations.
- Price still below 200 DMA, limiting medium-term strength.
Company Negative News
- No major negative news reported, but valuation premium and domestic investor caution remain concerns.
Company Positive News
- Strong quarterly profit growth and improved foreign institutional participation.
- Consistent dividend yield of 0.85% adds investor appeal.
Industry
- Industry PE at 27.3 is lower than SUNDRMFAST’s 31.4, suggesting premium valuation.
- Auto component sector outlook stable with demand recovery and export opportunities.
Conclusion
SUNDRMFAST is consolidating with short-term bullish signals from RSI, MACD, and volume. Entry near ₹830–₹840 offers favorable risk-reward, with exit around ₹880–₹900. Fundamentals remain strong, but premium valuation and domestic investor caution require careful monitoring.
Would you like me to also prepare a long-term investment view for SUNDRMFAST, focusing on growth metrics like ROE, ROCE, PEG ratio, and sector positioning, alongside this swing trade analysis?