ULTRACEMCO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | ULTRACEMCO | Market Cap | 3,61,811 Cr. | Current Price | 12,284 ₹ | High / Low | 13,102 ₹ |
| Stock P/E | 47.9 | Book Value | 2,401 ₹ | Dividend Yield | 0.63 % | ROCE | 11.7 % |
| ROE | 9.69 % | Face Value | 10.0 ₹ | DMA 50 | 12,075 ₹ | DMA 200 | 11,898 ₹ |
| Chg in FII Hold | -0.89 % | Chg in DII Hold | 0.80 % | PAT Qtr | 1,570 Cr. | PAT Prev Qtr | 1,064 Cr. |
| RSI | 52.3 | MACD | 196 | Volume | 2,09,981 | Avg Vol 1Wk | 4,61,654 |
| Low price | 10,048 ₹ | High price | 13,102 ₹ | PEG Ratio | -14.4 | Debt to equity | 0.30 |
| 52w Index | 73.2 % | Qtr Profit Var | 18.6 % | EPS | 254 ₹ | Industry PE | 30.0 |
📊 Chart Patterns: ULTRACEMCO is trading at 12,284 ₹, above both 50 DMA (12,075 ₹) and 200 DMA (11,898 ₹). The price is close to its 52-week high (13,102 ₹), reflecting strong bullish momentum and trend continuation.
📈 Moving Averages: Current price is comfortably above both short-term and long-term averages. The 50 DMA is above the 200 DMA, confirming bullish crossover and sustained uptrend.
📉 RSI: At 52.3, RSI indicates moderate strength, leaning bullish but not yet overbought.
📈 MACD: Strongly positive at 196, showing bullish divergence and strong buying signals.
📊 Bollinger Bands: Price is near the upper band, suggesting strong buying interest but also caution for possible short-term pullback.
📊 Volume Trends: Current volume (2.1 lakh) is lower than average weekly volume (4.6 lakh), indicating reduced participation despite price strength.
📌 Momentum Signals: Short-term momentum is bullish. Support lies around 12,050–12,100 ₹, while resistance is near 13,000–13,100 ₹.
🎯 Entry Zone: 12,050–12,150 ₹ (near 50 DMA support).
🎯 Exit Zone: 13,000–13,100 ₹ (near 52-week high resistance).
🔎 Trend Status: The stock is trending upward with strong bullish signals.
Positive
- EPS of 254 ₹ indicates strong profitability.
- ROCE (11.7%) and ROE (9.69%) reflect consistent capital efficiency.
- Quarterly PAT improved from 1,064 Cr. to 1,570 Cr. (18.6% growth).
- DII holdings increased by 0.80%, showing domestic institutional support.
Limitation
- High P/E ratio (47.9) compared to industry PE (30.0) suggests overvaluation risk.
- PEG ratio of -14.4 signals poor growth relative to valuation.
- Dividend yield of 0.63% is modest.
- Volume participation is lower than average, indicating cautious sentiment.
Company Negative News
- FII holdings decreased by -0.89%, showing reduced foreign investor confidence.
- Stock price is near resistance, raising risk of short-term pullback.
Company Positive News
- Quarterly PAT growth signals improving operational efficiency.
- DII holdings increased, reflecting domestic institutional support.
Industry
- Industry PE at 30.0 suggests sector trades at lower valuations compared to ULTRACEMCO’s high P/E.
- Cement sector remains resilient with infrastructure demand driving growth.
Conclusion
🚀 ULTRACEMCO is trending upward with strong bullish technical indicators, supported by moving averages and MACD. Short-term traders may enter around 12,050–12,150 ₹ with targets near 13,000–13,100 ₹. Long-term investors should be cautious of high valuations but can hold for continued sector growth and profitability.