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VBL - Technical Analysis with Chart Patterns & Indicators

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Rating: 4.5

Last Updated Time : 24 May 26, 10:34 pm

Technical Rating: 4.5

Stock Code VBL Market Cap 1,82,351 Cr. Current Price 540 ₹ High / Low 541 ₹
Stock P/E 65.4 Book Value 55.5 ₹ Dividend Yield 0.28 % ROCE 19.1 %
ROE 14.6 % Face Value 2.00 ₹ DMA 50 479 ₹ DMA 200 475 ₹
Chg in FII Hold -0.80 % Chg in DII Hold 0.79 % PAT Qtr 788 Cr. PAT Prev Qtr 261 Cr.
RSI 72.0 MACD 15.8 Volume 2,08,19,520 Avg Vol 1Wk 90,79,559
Low price 381 ₹ High price 541 ₹ PEG Ratio 2.57 Debt to equity 0.02
52w Index 98.9 % Qtr Profit Var 16.2 % EPS 8.24 ₹ Industry PE 50.4

📊 Chart Patterns & Trend: VBL is trading above both its 50 DMA (479 ₹) and 200 DMA (475 ₹), confirming a strong uptrend. Price action shows bullish continuation with consolidation near the 541 ₹ high. Trend bias remains strongly bullish.

📈 Moving Averages: Current price (540 ₹) is well above both DMA levels, reinforcing bullish momentum. Sustained trading above 530 ₹ strengthens outlook.

⚖️ RSI: At 72.0, RSI is in overbought territory, suggesting caution as short-term pullbacks are possible.

📉 MACD: Positive at 15.8, confirming bullish undertone and signaling continuation of upward momentum.

📊 Bollinger Bands: Price is near the upper band, indicating strong buying interest but also risk of short-term correction.

📦 Volume Trends: Current volume (2,08,19,520) is significantly higher than 1-week average (90,79,559), showing strong participation and institutional activity driving momentum.

🎯 Entry Zone: 510–525 ₹ (near 50 DMA support).

🚪 Exit Zone: 540–550 ₹ (near resistance and 52-week high).

📌 Momentum Signal: Short-term bullish trend with overbought signals. A breakout above 541 ₹ could trigger fresh rally, but caution advised due to stretched RSI.


Positive

  • ✅ Strong ROCE (19.1%) and ROE (14.6%) reflect efficient capital use.
  • ✅ Debt-to-equity ratio at 0.02 indicates very low leverage.
  • ✅ PAT surged from 261 Cr. to 788 Cr. quarter-on-quarter, showing robust earnings growth.

Limitation

  • ⚠️ High P/E (65.4) compared to industry PE (50.4) suggests premium valuation.
  • ⚠️ RSI at 72.0 indicates overbought conditions, risk of short-term correction.
  • ⚠️ Dividend yield (0.28%) is low, limiting income appeal.

Company Negative News

  • 📉 FII holdings decreased by 0.80%, showing reduced foreign investor confidence.
  • 📉 Valuation stretched compared to peers, raising sustainability concerns.

Company Positive News

  • 📈 PAT growth of 16.2% quarter-on-quarter highlights strong operational performance.
  • 📈 DII holdings increased by 0.79%, reflecting domestic institutional support.
  • 📈 Stock has delivered strong 52-week performance (98.9%).

Industry

  • 🏭 Industry PE at 50.4 indicates sector is moderately valued compared to VBL’s premium.
  • 🏭 PEG ratio at 2.57 suggests growth is reasonably aligned with valuation, though slightly expensive.

Conclusion

🔎 VBL is in a bullish trend with consolidation near highs. Entry near 510–525 ₹ offers favorable risk-reward, while resistance at 540–550 ₹ should be watched for exits. A breakout above 541 ₹ could trigger fresh upside momentum, but RSI overbought levels suggest caution. Investors should monitor volume and institutional flows for confirmation of sustained rally.

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