UPL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | UPL | Market Cap | 53,517 Cr. | Current Price | 633 ₹ | High / Low | 812 ₹ |
| Stock P/E | 66.1 | Book Value | 166 ₹ | Dividend Yield | 0.95 % | ROCE | 8.51 % |
| ROE | 6.22 % | Face Value | 2.00 ₹ | DMA 50 | 646 ₹ | DMA 200 | 674 ₹ |
| Chg in FII Hold | 2.94 % | Chg in DII Hold | -2.08 % | PAT Qtr | 373 Cr. | PAT Prev Qtr | 39.1 Cr. |
| RSI | 46.8 | MACD | -2.49 | Volume | 22,74,451 | Avg Vol 1Wk | 18,20,188 |
| Low price | 565 ₹ | High price | 812 ₹ | PEG Ratio | -12.7 | Debt to equity | 0.06 |
| 52w Index | 27.5 % | Qtr Profit Var | 591 % | EPS | 9.30 ₹ | Industry PE | 24.4 |
📊 Chart Analysis: UPL trades at ₹633, below both its 50 DMA (₹646) and 200 DMA (₹674), signaling short-term and medium-term weakness. RSI at 46.8 indicates neutral-to-slightly bearish momentum. MACD at -2.49 is negative, confirming mild downward pressure. Bollinger Bands place the price near the midline, suggesting consolidation. Current volume (22.7L) is higher than the 1-week average (18.2L), reflecting increased participation during declines.
📈 Momentum Signals: Short-term momentum is bearish with neutral bias. A move above ₹650 could trigger recovery, while a drop below ₹620 risks further downside.
💡 Entry Zone: ₹620–₹635 (support near recent lows).
🚪 Exit Zone: ₹660–₹680 (resistance near 200 DMA and trendline).
🔎 Trend Status: The stock is consolidating after falling from its 52-week high of ₹812, with weak technicals but strong volume activity suggesting potential for short-term swings.
Positive
- 📌 EPS of ₹9.30 with profitability.
- 📌 PAT improved significantly from ₹39.1 Cr. to ₹373 Cr. (+591% variation).
- 📌 Dividend yield of 0.95% provides shareholder returns.
- 📌 FII holding increased (+2.94%), showing foreign investor confidence.
Limitation
- ⚠️ Price below both 50 DMA and 200 DMA indicates weakness.
- ⚠️ High P/E of 66.1 compared to industry PE (24.4), suggesting overvaluation.
- ⚠️ PEG ratio of -12.7 highlights unsustainable growth outlook.
Company Negative News
- ❌ DII holding decreased (-2.08%), reflecting reduced domestic institutional support.
- ❌ ROCE (8.51%) and ROE (6.22%) remain weak, showing limited efficiency.
Company Positive News
- ✅ Strong PAT growth (+591%) highlights operational recovery.
- ✅ Low debt-to-equity ratio (0.06) indicates financial stability.
Industry
- 🌐 Agrochemicals sector remains cyclical, tied to global demand and commodity prices.
- 🌐 Industry PE at 24.4 is lower than UPL’s PE (66.1), suggesting premium valuation.
Conclusion
📌 UPL is consolidating with neutral-to-bearish signals supported by RSI and MACD. Traders may consider entries near ₹620–₹635 and exits around ₹660–₹680. While fundamentals show strong PAT growth and foreign investor support, high valuation, weak efficiency ratios, and declining domestic institutional confidence 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.