⚠ 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.
VEDL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | VEDL | Market Cap | 2,65,746 Cr. | Current Price | 679 ₹ | High / Low | 770 ₹ |
| Stock P/E | 53.0 | Book Value | 189 ₹ | Dividend Yield | 6.41 % | ROCE | 18.5 % |
| ROE | 21.8 % | Face Value | 1.00 ₹ | DMA 50 | 674 ₹ | DMA 200 | 564 ₹ |
| Chg in FII Hold | 1.07 % | Chg in DII Hold | -0.94 % | PAT Qtr | 33.5 Cr. | PAT Prev Qtr | -449 Cr. |
| RSI | 45.0 | MACD | 4.30 | Volume | 1,16,42,845 | Avg Vol 1Wk | 1,19,58,354 |
| Low price | 362 ₹ | High price | 770 ₹ | PEG Ratio | -13.1 | Debt to equity | 0.71 |
| 52w Index | 77.8 % | Qtr Profit Var | 111 % | EPS | 31.3 ₹ | Industry PE | 27.7 |
📊 Technical Analysis
- Chart Patterns: Price is above 50 DMA (₹674) and well above 200 DMA (₹564), showing strong bullish alignment.
- RSI: At 45.0, neutral zone, neither overbought nor oversold.
- MACD: Positive (4.30), confirming bullish momentum.
- Bollinger Bands: Price near mid-band, suggesting consolidation with upward bias.
- Volume Trends: Current volume (116.4L) slightly below 1-week average (119.6L), showing stable participation.
📈 Momentum & Signals
- Short-term Momentum: Bullish, supported by MACD and DMA alignment.
- Support Zone: ₹674 – ₹680 (near 50 DMA and current price).
- Resistance Zone: ₹750 – ₹770 (recent high).
- Optimal Entry: Around ₹674–₹680 if support holds.
- Optimal Exit: Near ₹750–₹770 unless breakout continues.
- Trend Status: Trending upward with bullish bias.
✅ Positive
- Strong ROCE (18.5%) and ROE (21.8%).
- Dividend yield of 6.41%, attractive for income investors.
- Quarterly PAT turnaround from -₹449 Cr. to ₹33.5 Cr.
- EPS at ₹31.3, solid earnings base.
⚠️ Limitation
- High P/E (53.0) compared to industry average (27.7).
- Debt-to-equity at 0.71, relatively high leverage.
- PEG ratio negative (-13.1), indicating valuation concerns.
📉 Company Negative News
- DII holding decreased (-0.94%), showing weaker domestic support.
📈 Company Positive News
- FII holding increased (+1.07%), showing renewed foreign investor confidence.
- Quarterly profit variation (+111%) indicates strong recovery momentum.
🏭 Industry
- Industry P/E at 27.7, much lower than company’s 53.0, suggesting sector is cheaper.
- Sector growth strong with 77.8% index gain in 52 weeks.
🔎 Conclusion
VEDL is trending upward with bullish signals, supported by MACD and DMA alignment. Despite high leverage and stretched valuations, fundamentals show strong recovery with improved profitability and attractive dividend yield. Short-term traders should watch ₹674–₹680 as support and ₹750–₹770 as resistance. A breakout above ₹770 could extend the rally, while failure to hold ₹674 may trigger consolidation.