VENTIVE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | VENTIVE | Market Cap | 16,860 Cr. | Current Price | 725 ₹ | High / Low | 845 ₹ |
| Stock P/E | 86.8 | Book Value | 197 ₹ | Dividend Yield | 0.00 % | ROCE | 10.0 % |
| ROE | 5.63 % | Face Value | 1.00 ₹ | DMA 50 | 737 ₹ | DMA 200 | 732 ₹ |
| Chg in FII Hold | -0.10 % | Chg in DII Hold | -0.01 % | PAT Qtr | 56.0 Cr. | PAT Prev Qtr | 48.1 Cr. |
| RSI | 44.0 | MACD | 0.60 | Volume | 40,113 | Avg Vol 1Wk | 1,11,979 |
| Low price | 523 ₹ | High price | 845 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.19 |
| 52w Index | 62.8 % | Qtr Profit Var | 170 % | EPS | 8.16 ₹ | Industry PE | 32.6 |
📊 Chart Patterns & Trend: VENTIVE is trading slightly below its 50 DMA (737 ₹) and 200 DMA (732 ₹), indicating mild weakness. Price action suggests consolidation between 715–745 ₹, with strong support at 715 ₹ and resistance near 745–760 ₹. Trendlines show sideways movement with limited momentum.
📈 Moving Averages: Current price (725 ₹) is below the 50 DMA but near the 200 DMA, showing indecision. Sustained move above 737–745 ₹ would confirm bullish reversal.
📉 RSI: At 44.0, RSI is in neutral-to-weak territory, suggesting limited momentum and possible consolidation.
📈 MACD: Slightly positive at 0.60, indicating mild bullish divergence but not strong enough to confirm trend reversal.
📊 Bollinger Bands: Price is near the mid-band, signaling consolidation with potential breakout if volume improves.
📊 Volume Trends: Current volume (40,113) is significantly below the 1-week average (1,11,979), showing weak participation and lack of strong buying interest.
🎯 Entry Zone: 715–725 ₹ (near support, risk-managed entry).
🎯 Exit Zone: 745–760 ₹ (resistance zone, profit booking advisable).
📌 Momentum Signal: Weak short-term momentum, consolidation phase with mild bullish bias. Breakout above 760 ₹ is required for stronger uptrend toward 845 ₹.
Positive
- Quarterly PAT growth from 48.1 Cr. to 56 Cr. (+170% variation) shows strong earnings momentum.
- PEG ratio of 1.30 indicates reasonable growth valuation compared to peers.
- EPS of 8.16 ₹ reflects improving profitability.
- 52-week index return of 62.8% highlights strong sector momentum.
Limitation
- High P/E (86.8) compared to industry average (32.6) suggests overvaluation.
- Weak ROCE (10.0%) and ROE (5.63%) highlight poor efficiency.
- Dividend yield is 0%, limiting investor returns.
- Low trading volumes reduce momentum strength.
Company Negative News
- Decline in FII holdings (-0.10%) and DII holdings (-0.01%) shows reduced institutional confidence.
Company Positive News
- Quarterly profit growth highlights operational improvement.
- EPS expansion supports earnings visibility.
Industry
- Industry P/E at 32.6 indicates sector is moderately valued compared to the company’s high valuation.
- Strong sector momentum with 52-week index return of 62.8% supports broader growth outlook.
Conclusion
⚖️ VENTIVE is consolidating near support with weak momentum and mild bullish bias. Entry near 715–725 ₹ offers limited risk, while exits should be considered around 745–760 ₹. Sustained breakout above 760 ₹ could push toward 845 ₹. Fundamentally overvalued but showing earnings recovery, making it a cautious technical play in the near term.