⚠ 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.
UNOMINDA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | UNOMINDA | Market Cap | 62,049 Cr. | Current Price | 1,075 ₹ | High / Low | 1,382 ₹ |
| Stock P/E | 63.6 | Book Value | 94.4 ₹ | Dividend Yield | 0.21 % | ROCE | 18.9 % |
| ROE | 18.5 % | Face Value | 2.00 ₹ | DMA 50 | 1,164 ₹ | DMA 200 | 1,168 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | 0.17 % | PAT Qtr | 184 Cr. | PAT Prev Qtr | 339 Cr. |
| RSI | 40.8 | MACD | -41.5 | Volume | 15,77,219 | Avg Vol 1Wk | 13,42,132 |
| Low price | 768 ₹ | High price | 1,382 ₹ | PEG Ratio | 1.14 | Debt to equity | 0.38 |
| 52w Index | 50.0 % | Qtr Profit Var | 16.7 % | EPS | 16.5 ₹ | Industry PE | 25.0 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (₹1,164) and 200 DMA (₹1,168), showing weakness. Support at ₹1,050–₹1,075, resistance around ₹1,164–₹1,200.
- Moving Averages: Current price (₹1,075) is below both averages, confirming bearish undertone.
- RSI: 40.8 — approaching oversold zone, suggesting potential short-term bounce.
- MACD: -41.5 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, indicating oversold conditions.
- Volume Trends: Current volume (15.7L) above 1-week average (13.4L), showing increased participation at lower levels.
📈 Momentum & Signals
- Short-term Momentum: Weak with bearish MACD, but RSI near oversold suggests possible rebound.
- Entry Zone: ₹1,050–₹1,075 (near support).
- Exit Zone: ₹1,164–₹1,200 (first resistance), ₹1,250 (next resistance).
- Trend Status: Downtrend with consolidation attempts; reversal only above ₹1,164.
✅ Positive
- Strong ROE at 18.5% and ROCE at 18.9% show efficient capital use.
- Quarterly PAT at ₹184 Cr, though lower than previous, remains healthy.
- PEG ratio at 1.14 suggests reasonable valuation relative to growth.
- EPS at ₹16.5 reflects profitability.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, bearish technical setup.
- High P/E ratio (63.6) compared to industry PE (25.0), indicating premium valuation.
- Dividend yield at 0.21% is modest.
📰 Company Negative News
- PAT declined significantly (₹184 Cr vs ₹339 Cr previous quarter).
- Stock corrected from 52-week high of ₹1,382 to current ₹1,075.
- FII holdings decreased by -0.15%, showing reduced foreign investor confidence.
🌟 Company Positive News
- Quarterly profit variation at 16.7% shows operational resilience despite decline.
- DII holdings increased by 0.17%, reflecting domestic investor confidence.
- Strong fundamentals with moderate debt-to-equity ratio (0.38).
🏭 Industry
- Industry PE at 25.0, much lower than company PE (63.6), indicating UNOMINDA trades at a significant premium.
- Auto components sector remains strong with demand from EV and mobility solutions.
🔎 Conclusion
- UNOMINDA is in a downtrend but oversold RSI suggests short-term bounce potential.
- Short-term traders may consider entry near ₹1,050–₹1,075 with exit around ₹1,164–₹1,200.
- Breakout above ₹1,200 could trigger reversal towards ₹1,250.
- Long-term investors should weigh premium valuation against strong fundamentals and sector growth potential.