VTL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | VTL | Market Cap | 17,727 Cr. | Current Price | 613 ₹ | High / Low | 647 ₹ |
| Stock P/E | 24.0 | Book Value | 352 ₹ | Dividend Yield | 0.82 % | ROCE | 9.04 % |
| ROE | 7.49 % | Face Value | 2.00 ₹ | DMA 50 | 572 ₹ | DMA 200 | 502 ₹ |
| Chg in FII Hold | -0.03 % | Chg in DII Hold | -0.33 % | PAT Qtr | 179 Cr. | PAT Prev Qtr | 170 Cr. |
| RSI | 56.6 | MACD | 12.4 | Volume | 2,97,457 | Avg Vol 1Wk | 3,76,556 |
| Low price | 383 ₹ | High price | 647 ₹ | PEG Ratio | 22.6 | Debt to equity | 0.18 |
| 52w Index | 87.0 % | Qtr Profit Var | -21.8 % | EPS | 25.6 ₹ | Industry PE | 19.7 |
📊 Chart Patterns & Trend: VTL is trading above both its 50 DMA (572 ₹) and 200 DMA (502 ₹), confirming a strong uptrend. Price action shows bullish continuation with consolidation near the 647 ₹ high. Trend bias remains positive.
📈 Moving Averages: Current price (613 ₹) is comfortably above both DMA levels, reinforcing bullish momentum. Sustained trading above 600 ₹ strengthens outlook.
⚖️ RSI: At 56.6, RSI is neutral-to-positive, suggesting room for further upside without being overbought.
📉 MACD: Positive at 12.4, confirming bullish undertone and signaling continuation of upward momentum.
📊 Bollinger Bands: Price is near the upper band, indicating strong buying interest. Minor pullbacks may occur before further breakout.
📦 Volume Trends: Current volume (2,97,457) is below 1-week average (3,76,556), showing reduced participation. Stronger volume is needed for breakout above 647 ₹.
🎯 Entry Zone: 590–605 ₹ (near 50 DMA support).
🚪 Exit Zone: 640–650 ₹ (near resistance and 52-week high).
📌 Momentum Signal: Short-term bullish trend with consolidation near highs. A breakout above 647 ₹ could trigger fresh rally.
Positive
- ✅ Strong EPS (25.6 ₹) supports valuation.
- ✅ ROCE (9.04%) and ROE (7.49%) show profitability, though moderate.
- ✅ PAT improved from 170 Cr. to 179 Cr. quarter-on-quarter.
Limitation
- ⚠️ PEG ratio (22.6) indicates expensive growth prospects.
- ⚠️ Dividend yield (0.82%) is modest, limiting income appeal.
- ⚠️ Volume below average, requiring stronger participation for sustained breakout.
Company Negative News
- 📉 Quarterly profit variation (-21.8%) shows earnings pressure.
- 📉 FII holdings decreased by 0.03% and DII holdings by 0.33%, reflecting reduced institutional confidence.
Company Positive News
- 📈 PAT growth from previous quarter highlights resilience despite industry challenges.
- 📈 Stock has delivered strong 52-week performance (87.0%).
Industry
- 🏭 Industry PE at 19.7 indicates sector is moderately valued compared to VTL’s premium valuation.
- 🏭 Sector outlook remains steady, though valuations are stretched for growth-heavy companies.
Conclusion
🔎 VTL is in a bullish trend with consolidation near highs. Entry near 590–605 ₹ offers favorable risk-reward, while resistance at 640–650 ₹ should be watched for exits. A breakout above 647 ₹ could trigger fresh upside momentum. Investors should monitor volume strength for confirmation of sustained rally.