⚠ 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.
ZENTEC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ZENTEC | Market Cap | 13,069 Cr. | Current Price | 1,447 ₹ | High / Low | 2,268 ₹ |
| Stock P/E | 60.5 | Book Value | 195 ₹ | Dividend Yield | 0.14 % | ROCE | 32.9 % |
| ROE | 24.6 % | Face Value | 1.00 ₹ | DMA 50 | 1,371 ₹ | DMA 200 | 1,448 ₹ |
| Chg in FII Hold | -0.40 % | Chg in DII Hold | -0.07 % | PAT Qtr | 47.8 Cr. | PAT Prev Qtr | 46.2 Cr. |
| RSI | 62.4 | MACD | 23.2 | Volume | 4,80,516 | Avg Vol 1Wk | 4,94,646 |
| Low price | 1,223 ₹ | High price | 2,268 ₹ | PEG Ratio | 0.15 | Debt to equity | 0.00 |
| 52w Index | 21.4 % | Qtr Profit Var | 23.8 % | EPS | 23.9 ₹ | Industry PE | 54.2 |
📊 Technical Analysis
- Chart Patterns: Price is near 200 DMA (₹1,448) but below 50 DMA (₹1,371), showing mixed signals with mild weakness.
- RSI: At 62.4, approaching overbought territory, suggesting caution for new entries.
- MACD: Positive (23.2), confirming bullish momentum.
- Bollinger Bands: Price near upper band, indicating strong upward momentum but limited upside in short term.
- Volume Trends: Current volume (4.80L) slightly below 1-week average (4.94L), showing moderate participation.
📈 Momentum & Signals
- Short-term Momentum: Bullish, supported by MACD and RSI strength.
- Support Zone: ₹1,371 – ₹1,447 (DMA levels).
- Resistance Zone: ₹1,600 – ₹1,700 (trendline and psychological levels).
- Optimal Entry: Around ₹1,371–₹1,447 if support holds.
- Optimal Exit: Near ₹1,600–₹1,700 unless breakout occurs.
- Trend Status: Consolidating with bullish undertone.
✅ Positive
- Strong ROCE (32.9%) and ROE (24.6%), showing excellent efficiency.
- EPS at ₹23.9, robust earnings base.
- Quarterly PAT improved from ₹46.2 Cr. to ₹47.8 Cr.
- PEG ratio at 0.15, suggesting undervaluation relative to growth.
- Debt-to-equity at 0.00, financially stable.
⚠️ Limitation
- High P/E (60.5) compared to industry average (54.2).
- RSI near overbought zone, risk of short-term correction.
- Volume slightly below average, showing limited conviction.
📉 Company Negative News
- FII holding decreased (-0.40%), showing reduced foreign investor confidence.
- DII holding decreased (-0.07%), showing weak domestic support.
📈 Company Positive News
- Quarterly profit variation (+23.8%) indicates steady improvement.
- Strong fundamentals with high ROCE, ROE, and zero debt.
🏭 Industry
- Industry P/E at 54.2, slightly lower than company’s 60.5, suggesting sector is cheaper.
- Sector growth moderate with 21.4% index gain in 52 weeks.
🔎 Conclusion
ZENTEC is consolidating with bullish undertones, supported by positive MACD and strong fundamentals. Despite high valuations and RSI nearing overbought levels, efficiency metrics and growth remain strong. Short-term traders should watch ₹1,371–₹1,447 as support and ₹1,600–₹1,700 as resistance. The stock is currently consolidating, and a breakout above ₹1,700 would confirm a stronger uptrend.