⚠ 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.
VIJAYA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | VIJAYA | Market Cap | 9,713 Cr. | Current Price | 939 ₹ | High / Low | 1,180 ₹ |
| Stock P/E | 60.9 | Book Value | 82.3 ₹ | Dividend Yield | 0.21 % | ROCE | 20.2 % |
| ROE | 18.1 % | Face Value | 1.00 ₹ | DMA 50 | 980 ₹ | DMA 200 | 997 ₹ |
| Chg in FII Hold | -3.17 % | Chg in DII Hold | 3.26 % | PAT Qtr | 44.2 Cr. | PAT Prev Qtr | 42.7 Cr. |
| RSI | 40.5 | MACD | -14.6 | Volume | 3,73,801 | Avg Vol 1Wk | 1,43,843 |
| Low price | 800 ₹ | High price | 1,180 ₹ | PEG Ratio | 9.20 | Debt to equity | 0.40 |
| 52w Index | 36.7 % | Qtr Profit Var | 31.8 % | EPS | 15.5 ₹ | Industry PE | 32.6 |
📊 Technical Analysis
- Chart Patterns: Price is below both 50 DMA (₹980) and 200 DMA (₹997), showing weakness.
- RSI: At 40.5, near oversold territory, suggesting possible support but still bearish.
- MACD: Negative (-14.6), confirming bearish momentum.
- Bollinger Bands: Price near lower band, indicating selling pressure.
- Volume Trends: Current volume (3.74L) significantly above 1-week average (1.44L), showing strong selling activity.
📈 Momentum & Signals
- Short-term Momentum: Weak, bearish bias.
- Support Zone: ₹800 – ₹939 (recent low and current price).
- Resistance Zone: ₹980 – ₹997 (DMA levels).
- Optimal Entry: Around ₹800–₹939 if support holds.
- Optimal Exit: Near ₹980–₹997 unless breakout occurs.
- Trend Status: Reversing downward after failing to sustain higher levels.
✅ Positive
- Strong ROCE (20.2%) and ROE (18.1%).
- Quarterly PAT improved from ₹42.7 Cr. to ₹44.2 Cr.
- EPS at ₹15.5, consistent earnings base.
⚠️ Limitation
- High P/E (60.9) compared to industry average (32.6).
- PEG ratio of 9.20 indicates overvaluation.
- Debt-to-equity at 0.40, relatively high leverage.
📉 Company Negative News
- FII holding decreased significantly (-3.17%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased (+3.26%), strong domestic institutional support.
- Quarterly profit variation (+31.8%) indicates resilience despite valuation concerns.
🏭 Industry
- Industry P/E at 32.6, much lower than company’s 60.9, suggesting sector is cheaper.
- Sector growth strong with 36.7% index gain in 52 weeks.
🔎 Conclusion
VIJAYA is showing bearish technical signals, trading below both 50 DMA and 200 DMA with weak RSI and negative MACD. Despite strong ROCE, ROE, and improving profits, valuations remain stretched and leverage is relatively high. Short-term traders should watch ₹800–₹939 as support and ₹980–₹997 as resistance. The stock is currently reversing downward, and sustained movement above ₹997 would be needed to signal recovery.