TVSMOTOR - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | TVSMOTOR | Market Cap | 1,62,373 Cr. | Current Price | 3,418 ₹ | High / Low | 3,970 ₹ |
| Stock P/E | 44.5 | Book Value | 236 ₹ | Dividend Yield | 0.35 % | ROCE | 38.2 % |
| ROE | 34.4 % | Face Value | 1.00 ₹ | DMA 50 | 3,556 ₹ | DMA 200 | 3,451 ₹ |
| Chg in FII Hold | -0.53 % | Chg in DII Hold | 0.56 % | PAT Qtr | 998 Cr. | PAT Prev Qtr | 969 Cr. |
| RSI | 43.8 | MACD | -63.1 | Volume | 9,32,737 | Avg Vol 1Wk | 17,46,930 |
| Low price | 2,655 ₹ | High price | 3,970 ₹ | PEG Ratio | 1.26 | Debt to equity | 0.33 |
| 52w Index | 58.0 % | Qtr Profit Var | 33.0 % | EPS | 76.1 ₹ | Industry PE | 27.3 |
📊 Chart Analysis: TVSMOTOR is trading at ₹3,418, below both the 50 DMA (₹3,556) and 200 DMA (₹3,451), indicating short-term weakness. RSI at 43.8 suggests neutral-to-bearish momentum. MACD at -63.1 confirms negative momentum. Bollinger Bands show price near the lower band, reflecting selling pressure. Current volume (9.3L) is significantly below the 1-week average (17.4L), showing reduced participation.
📈 Momentum Signals: Short-term momentum is bearish, with RSI showing limited strength and MACD confirming weakness. A rebound is possible only if support levels hold.
💹 Support & Resistance: Strong support lies near ₹3,300 and ₹2,655 (recent low). Immediate resistance is at ₹3,451 (200 DMA) and ₹3,556 (50 DMA). Optimal entry zone: ₹3,350–₹3,400. Exit zone: ₹3,500–₹3,550.
🔄 Trend Status: The stock is currently consolidating downward with potential reversal signs if support near ₹3,300 holds.
Positive
- ✅ ROCE of 38.2% and ROE of 34.4% highlight strong efficiency.
- ✅ EPS of ₹76.1 supports valuation strength.
- ✅ PEG ratio of 1.26 suggests reasonable valuation relative to growth.
- ✅ PAT improved sequentially from ₹969 Cr. to ₹998 Cr.
- ✅ DII holdings increased by 0.56%, showing domestic investor confidence.
Limitation
- ⚠️ Current price below both 50 DMA and 200 DMA, showing weak technical strength.
- ⚠️ High P/E of 44.5 compared to industry P/E of 27.3, suggesting premium valuation.
- ⚠️ Dividend yield of 0.35% is modest.
- ⚠️ Volume significantly below average, reflecting weak participation.
Company Negative News
- 📉 FII holdings decreased by -0.53%, showing reduced foreign investor confidence.
- 📉 Stock trading at only 58% of its 52-week index, reflecting underperformance relative to highs.
Company Positive News
- 📈 Quarterly profit growth of 33% highlights strong operational performance.
- 📈 Domestic institutional investors increased holdings, signaling confidence.
Industry
- 🏍️ Two-wheeler sector trading at industry P/E of 27.3, lower than TVSMOTOR’s P/E of 44.5, suggesting premium valuation.
- 🏍️ Sector supported by rising demand for personal mobility and exports.
Conclusion
📌 TVSMOTOR is consolidating downward, trading below key moving averages with bearish MACD and weak RSI. Entry around ₹3,350–₹3,400 with exit near ₹3,500–₹3,550 offers a cautious rebound opportunity. Fundamentals show strong efficiency and profit growth, but high valuation multiples, weak participation, and foreign investor outflows are concerns. The stock may stabilize if support near ₹3,300 holds.
For broader context, you could explore a two-wheeler sector outlook or compare TVSMOTOR with peers through a valuation comparison.