⚠ 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.
SUNTV - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | SUNTV | Market Cap | 23,733 Cr. | Current Price | 602 ₹ | High / Low | 691 ₹ |
| Stock P/E | 14.7 | Book Value | 306 ₹ | Dividend Yield | 2.50 % | ROCE | 20.4 % |
| ROE | 15.7 % | Face Value | 5.00 ₹ | DMA 50 | 578 ₹ | DMA 200 | 583 ₹ |
| Chg in FII Hold | -0.24 % | Chg in DII Hold | 0.45 % | PAT Qtr | 320 Cr. | PAT Prev Qtr | 350 Cr. |
| RSI | 54.4 | MACD | -0.04 | Volume | 3,06,028 | Avg Vol 1Wk | 2,32,794 |
| Low price | 480 ₹ | High price | 691 ₹ | PEG Ratio | 4.77 | Debt to equity | 0.01 |
| 52w Index | 57.5 % | Qtr Profit Var | -7.94 % | EPS | 39.0 ₹ | Industry PE | 16.3 |
📊 Technical Analysis
- Chart Patterns: Stock consolidating between ₹580–₹620 with resistance at ₹691 and support near ₹580.
- Moving Averages: Price (₹602) above 50 DMA (₹578) and 200 DMA (₹583), showing medium-term strength.
- RSI: 54.4 — neutral, suggesting balanced momentum.
- MACD: -0.04 — flat, indicating sideways consolidation.
- Bollinger Bands: Price near mid-band, confirming consolidation phase.
- Volume Trends: Current volume (3.06 Lakh) above 1-week average (2.32 Lakh), showing increased participation.
📈 Momentum & Signals
- Short-term Momentum: Neutral, with sideways consolidation.
- Entry Zone: ₹580–₹600 (support region).
- Exit Zone: ₹640–₹670 (resistance region).
- Trend Status: Consolidating with mild bullish bias.
✅ Positive
- Strong ROCE (20.4%) and ROE (15.7%).
- Dividend yield at 2.50%, attractive for income investors.
- DII holdings increased (+0.45%).
- Low debt-to-equity ratio (0.01), financially stable.
⚠️ Limitation
- PEG ratio at 4.77, showing expensive valuation relative to growth.
- Quarterly PAT decline (₹320 Cr vs ₹350 Cr).
- FII holdings decreased (-0.24%).
📉 Company Negative News
- Sequential profit decline (-7.94%).
- Valuation concerns with PEG ratio above 4.
📈 Company Positive News
- Strong efficiency metrics (ROCE 20.4%, ROE 15.7%).
- Dividend yield of 2.50% provides steady returns.
- Stock trading above both 50 DMA and 200 DMA, showing medium-term strength.
📺 Industry
- Media & entertainment sector PE at 16.3, slightly higher than SUNTV’s P/E of 14.7, making it relatively undervalued.
- Industry supported by advertising recovery and digital expansion.
🔎 Conclusion
- SUNTV is consolidating with neutral momentum, trading between ₹580–₹670.
- Entry near ₹580–₹600 support zone, exit around ₹640–₹670 resistance.
- Medium-term outlook remains stable with strong fundamentals.
- Best suited for income-focused investors due to dividend yield and low debt.