UNOMINDA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | UNOMINDA | Market Cap | 62,856 Cr. | Current Price | 1,089 ₹ | High / Low | 1,382 ₹ |
| Stock P/E | 62.9 | Book Value | 100 ₹ | Dividend Yield | 0.24 % | ROCE | 19.1 % |
| ROE | 18.9 % | Face Value | 2.00 ₹ | DMA 50 | 1,114 ₹ | DMA 200 | 1,144 ₹ |
| Chg in FII Hold | -0.87 % | Chg in DII Hold | 0.92 % | PAT Qtr | 203 Cr. | PAT Prev Qtr | 184 Cr. |
| RSI | 46.7 | MACD | -7.76 | Volume | 11,94,592 | Avg Vol 1Wk | 17,76,290 |
| Low price | 982 ₹ | High price | 1,382 ₹ | PEG Ratio | 2.17 | Debt to equity | 0.32 |
| 52w Index | 26.7 % | Qtr Profit Var | 13.4 % | EPS | 16.8 ₹ | Industry PE | 27.0 |
📊 Chart Analysis: UNOMINDA trades at ₹1,089, below both its 50 DMA (₹1,114) and 200 DMA (₹1,144), signaling short-term and medium-term weakness. RSI at 46.7 indicates neutral-to-slightly bearish momentum. MACD at -7.76 is negative, confirming mild downward pressure. Bollinger Bands place the price near the midline, suggesting consolidation. Current volume (11.9L) is below the 1-week average (17.7L), reflecting reduced participation.
📈 Momentum Signals: Short-term momentum is neutral with bearish bias. A move above ₹1,120 could trigger recovery, while a drop below ₹1,070 risks further downside.
💡 Entry Zone: ₹1,070–₹1,090 (support near recent lows).
🚪 Exit Zone: ₹1,130–₹1,160 (resistance near 200 DMA and trendline).
🔎 Trend Status: The stock is consolidating after falling from its 52-week high of ₹1,382, with weak volume limiting breakout potential.
Positive
- 📌 EPS of ₹16.8 with profitability.
- 📌 ROCE of 19.1% and ROE of 18.9% show strong efficiency.
- 📌 PAT improved from ₹184 Cr. to ₹203 Cr. (+13.4% variation).
- 📌 DII holding increased (+0.92%), showing domestic institutional support.
Limitation
- ⚠️ Price below both 50 DMA and 200 DMA indicates weakness.
- ⚠️ High P/E of 62.9 compared to industry PE (27.0), suggesting overvaluation.
- ⚠️ PEG ratio of 2.17 highlights expensive growth outlook.
Company Negative News
- ❌ FII holding decreased (-0.87%), reflecting reduced foreign investor confidence.
- ❌ Stock still far below 52-week high of ₹1,382, showing long-term weakness.
Company Positive News
- ✅ PAT growth (+13.4%) shows operational improvement.
- ✅ Strong ROCE and ROE highlight efficient capital use.
Industry
- 🌐 Auto components sector remains resilient with steady demand.
- 🌐 Industry PE at 27.0 is lower than UNOMINDA’s PE, suggesting premium valuation.
Conclusion
📌 UNOMINDA is consolidating with neutral-to-bearish signals supported by RSI and MACD. Traders may consider entries near ₹1,070–₹1,090 and exits around ₹1,130–₹1,160. While fundamentals are strong with profitability and efficiency, high valuation, weak volumes, and declining foreign support warrant cautious optimism for medium-term investors.
For deeper clarity, we could refine support and resistance mapping, expand on volume analysis to confirm momentum, or dive into RSI and MACD signals for short-term trading cues.