⚠ 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.
SUNDRMFAST - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | SUNDRMFAST | Market Cap | 17,071 Cr. | Current Price | 814 ₹ | High / Low | 1,080 ₹ |
| Stock P/E | 32.0 | Book Value | 183 ₹ | Dividend Yield | 0.89 % | ROCE | 17.4 % |
| ROE | 14.7 % | Face Value | 1.00 ₹ | DMA 50 | 892 ₹ | DMA 200 | 958 ₹ |
| Chg in FII Hold | -0.54 % | Chg in DII Hold | 0.55 % | PAT Qtr | 130 Cr. | PAT Prev Qtr | 140 Cr. |
| RSI | 31.9 | MACD | -28.3 | Volume | 52,538 | Avg Vol 1Wk | 1,00,852 |
| Low price | 791 ₹ | High price | 1,080 ₹ | PEG Ratio | 5.56 | Debt to equity | 0.14 |
| 52w Index | 7.95 % | Qtr Profit Var | 8.11 % | EPS | 25.4 ₹ | Industry PE | 25.0 |
📊 Technical Analysis
- Chart Patterns: Stock has corrected sharply from highs of ₹1,080, currently near support at ₹790–₹815. Resistance lies around ₹890 (50 DMA).
- Moving Averages: Price (₹814) below both 50 DMA (₹892) and 200 DMA (₹958), confirming bearish trend.
- RSI: 31.9 — oversold zone, suggesting potential rebound.
- MACD: -28.3 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, oversold condition may trigger short-term bounce.
- Volume Trends: Current volume (52K) below 1-week average (1.00 Lakh), showing weak participation.
📈 Momentum & Signals
- Short-term Momentum: Weak, with bearish bias but oversold signals hint at possible rebound.
- Entry Zone: ₹790–₹815 (support region).
- Exit Zone: ₹880–₹900 (resistance region).
- Trend Status: Reversing from uptrend to bearish consolidation.
✅ Positive
- Strong ROCE (17.4%) and ROE (14.7%).
- Low debt-to-equity ratio (0.14), financially stable.
- DII holdings increased (+0.55%).
- EPS at ₹25.4, supported by consistent profitability.
⚠️ Limitation
- Stock P/E (32.0) above industry average (25.0), indicating expensive valuation.
- PEG ratio at 5.56, showing stretched valuation relative to growth.
- Price below both 50 DMA and 200 DMA, confirming bearish trend.
- FII holdings decreased (-0.54%).
📉 Company Negative News
- Sequential PAT decline (₹130 Cr vs ₹140 Cr).
- Weak 52-week performance (7.95%), underperforming peers.
📈 Company Positive News
- Strong efficiency metrics (ROCE 17.4%, ROE 14.7%).
- Low leverage ensures financial stability.
- Quarterly profit growth (+8.11%).
🏭 Industry
- Auto components sector PE at 25.0, showing moderate valuations.
- Industry supported by demand recovery in automotive and exports.
🔎 Conclusion
- SUNDRMFAST is in a bearish phase, trading below key moving averages.
- Oversold RSI and Bollinger Band signals suggest potential rebound near ₹790–₹815.
- Short-term traders can accumulate near support and exit around ₹880–₹900.
- Long-term investors should be cautious due to high valuations and weak recent profit trend.