⚠ 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.
UTIAMC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | UTIAMC | Market Cap | 12,435 Cr. | Current Price | 969 ₹ | High / Low | 1,495 ₹ |
| Stock P/E | 17.4 | Book Value | 276 ₹ | Dividend Yield | 2.68 % | ROCE | 23.7 % |
| ROE | 17.5 % | Face Value | 10.0 ₹ | DMA 50 | 1,035 ₹ | DMA 200 | 1,139 ₹ |
| Chg in FII Hold | -0.35 % | Chg in DII Hold | 0.29 % | PAT Qtr | 207 Cr. | PAT Prev Qtr | 166 Cr. |
| RSI | 41.6 | MACD | -24.7 | Volume | 56,706 | Avg Vol 1Wk | 74,812 |
| Low price | 921 ₹ | High price | 1,495 ₹ | PEG Ratio | 1.08 | Debt to equity | 0.00 |
| 52w Index | 8.32 % | Qtr Profit Var | 45.3 % | EPS | 49.2 ₹ | Industry PE | 27.5 |
📊 Technical Analysis
- Chart Patterns: Stock is trading below both 50 DMA (₹1,035) and 200 DMA (₹1,139), showing weakness. Support at ₹921–₹969, resistance around ₹1,035–₹1,100.
- Moving Averages: Current price (₹969) is below both averages, confirming bearish bias.
- RSI: 41.6 — approaching oversold zone, suggesting potential short-term bounce.
- MACD: -24.7 — bearish crossover, momentum negative.
- Bollinger Bands: Price near lower band, indicating oversold conditions.
- Volume Trends: Current volume (56.7K) below 1-week average (74.8K), showing reduced participation.
📈 Momentum & Signals
- Short-term Momentum: Weak with bearish MACD, but RSI near oversold suggests possible rebound.
- Entry Zone: ₹950–₹970 (near support).
- Exit Zone: ₹1,035–₹1,100 (first resistance), ₹1,150 (next resistance).
- Trend Status: Downtrend with consolidation attempts; reversal only above ₹1,035.
✅ Positive
- Strong ROE at 17.5% and ROCE at 23.7% show efficient capital use.
- Quarterly PAT improved (₹207 Cr vs ₹166 Cr), showing earnings growth.
- Dividend yield of 2.68% provides investor incentive.
- Debt-free balance sheet (Debt-to-equity 0.00) indicates strong financial stability.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, bearish technical setup.
- High P/E ratio (17.4) compared to industry PE (27.5) is reasonable, but valuation premium exists relative to fundamentals.
- Volume participation lower than average, suggesting cautious trading activity.
📰 Company Negative News
- Stock corrected from 52-week high of ₹1,495 to current ₹969.
- FII holdings decreased by -0.35%, showing reduced foreign investor confidence.
🌟 Company Positive News
- Quarterly profit variation at 45.3% shows strong operational performance.
- DII holdings increased by 0.29%, reflecting domestic investor confidence.
- EPS at ₹49.2 reflects profitability despite recent correction.
🏭 Industry
- Industry PE at 27.5, higher than company PE (17.4), indicating UTIAMC trades at a discount.
- Asset management sector remains resilient with growing retail participation in mutual funds.
🔎 Conclusion
- UTIAMC is in a downtrend but oversold RSI suggests short-term bounce potential.
- Short-term traders may consider entry near ₹950–₹970 with exit around ₹1,035–₹1,100.
- Breakout above ₹1,100 could trigger reversal towards ₹1,150.
- Long-term investors may find value given strong fundamentals, dividend yield, and sector growth potential despite short-term weakness.