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VENTIVE - Technical Analysis with Chart Patterns & Indicators

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Rating: 3.6

Last Updated Time : 19 Mar 26, 09:02 pm

Technical Rating: 3.6

Stock Code VENTIVE Market Cap 15,605 Cr. Current Price 667 ₹ High / Low 845 ₹
Stock P/E 71.6 Book Value 197 ₹ Dividend Yield 0.00 % ROCE 10.0 %
ROE 5.63 % Face Value 1.00 ₹ DMA 50 712 ₹ DMA 200 727 ₹
Chg in FII Hold -0.10 % Chg in DII Hold -0.01 % PAT Qtr 56.8 Cr. PAT Prev Qtr 56.0 Cr.
RSI 37.1 MACD -22.1 Volume 82,549 Avg Vol 1Wk 67,458
Low price 619 ₹ High price 845 ₹ PEG Ratio 1.07 Debt to equity 0.19
52w Index 21.3 % Qtr Profit Var 72.1 % EPS 9.28 ₹ Industry PE 28.4

📊 Technical Analysis

  • Chart Patterns: Price is below both 50 DMA (₹712) and 200 DMA (₹727), showing weakness.
  • RSI: At 37.1, near oversold territory, suggesting possible support but still bearish.
  • MACD: Negative (-22.1), confirming bearish momentum.
  • Bollinger Bands: Price near lower band, indicating selling pressure.
  • Volume Trends: Current volume (82.5K) above 1-week average (67.4K), showing increased selling activity.

📈 Momentum & Signals

  • Short-term Momentum: Weak, bearish bias.
  • Support Zone: ₹619 – ₹667 (recent low and current price).
  • Resistance Zone: ₹712 – ₹727 (DMA levels).
  • Optimal Entry: Around ₹620–₹667 if support holds.
  • Optimal Exit: Near ₹712–₹727 unless breakout occurs.
  • Trend Status: Reversing downward after prolonged weakness.

✅ Positive

  • Quarterly PAT improved slightly from ₹56.0 Cr. to ₹56.8 Cr.
  • EPS at ₹9.28, showing consistent earnings base.
  • PEG ratio at 1.07, suggesting fair valuation relative to growth.

⚠️ Limitation

  • Stock trading below both 50 DMA and 200 DMA.
  • High P/E (71.6) compared to industry average (28.4).
  • ROCE (10.0%) and ROE (5.63%) relatively weak.

📉 Company Negative News

  • FII holding decreased (-0.10%), showing reduced foreign investor confidence.
  • DII holding decreased (-0.01%), weak domestic support.

📈 Company Positive News

  • Quarterly profit variation (+72.1%) indicates resilience despite weak fundamentals.

🏭 Industry

  • Industry P/E at 28.4, much lower than company’s 71.6, suggesting sector is cheaper.
  • Sector growth moderate with 21.3% index gain in 52 weeks.

🔎 Conclusion

VENTIVE is showing bearish technical signals, trading below both 50 DMA and 200 DMA with weak RSI and negative MACD. Despite modest profit improvement and fair PEG ratio, valuations remain stretched and efficiency metrics are weak. Short-term traders should watch ₹619–₹667 as support and ₹712–₹727 as resistance. The stock is currently reversing downward, and sustained movement above ₹727 would be needed to signal recovery.

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