ZFCVINDIA - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | ZFCVINDIA | Market Cap | 28,073 Cr. | Current Price | 14,779 ₹ | High / Low | 16,665 ₹ |
| Stock P/E | 54.8 | Book Value | 1,938 ₹ | Dividend Yield | 0.13 % | ROCE | 20.0 % |
| ROE | 14.9 % | Face Value | 5.00 ₹ | DMA 50 | 14,504 ₹ | DMA 200 | 14,127 ₹ |
| Chg in FII Hold | 0.42 % | Chg in DII Hold | -0.47 % | PAT Qtr | 141 Cr. | PAT Prev Qtr | 145 Cr. |
| RSI | 55.8 | MACD | 26.5 | Volume | 6,694 | Avg Vol 1Wk | 13,236 |
| Low price | 11,811 ₹ | High price | 16,665 ₹ | PEG Ratio | 3.08 | Debt to equity | 0.01 |
| 52w Index | 61.2 % | Qtr Profit Var | 12.9 % | EPS | 267 ₹ | Industry PE | 27.0 |
📊 Chart Patterns & Trend: ZFCVINDIA is trading above both its 50 DMA (14,504 ₹) and 200 DMA (14,127 ₹), confirming bullish momentum. Price action shows an uptrend with consolidation near the 16,665 ₹ high. Trend bias remains positive but cautious due to valuation stretch.
📈 Moving Averages: Current price (14,779 ₹) is comfortably above both DMA levels, reinforcing bullish undertone. Sustained trading above 14,700 ₹ strengthens outlook.
⚖️ RSI: At 55.8, RSI is neutral-to-positive, suggesting balanced momentum with room for further upside.
📉 MACD: Positive at 26.5, confirming bullish undertone and signaling continuation of upward momentum.
📊 Bollinger Bands: Price is near the middle band, indicating consolidation. A breakout above 15,000–15,200 ₹ could trigger fresh rally.
📦 Volume Trends: Current volume (6,694) is lower than 1-week average (13,236), showing reduced participation and weak conviction in price moves.
🎯 Entry Zone: 14,500–14,700 ₹ (near DMA support).
🚪 Exit Zone: 16,200–16,600 ₹ (near resistance and 52-week high).
📌 Momentum Signal: Short-term bullish trend with consolidation near highs. A breakout above 16,665 ₹ could trigger fresh upside momentum.
Positive
- ✅ Strong ROCE (20.0%) and ROE (14.9%) reflect efficient capital use.
- ✅ EPS at 267 ₹ supports valuation strength.
- ✅ PAT remained strong at 141 Cr. despite slight decline from 145 Cr.
- ✅ Debt-to-equity at 0.01 indicates very low leverage.
Limitation
- ⚠️ High P/E (54.8) compared to industry PE (27.0) suggests steep overvaluation.
- ⚠️ PEG ratio (3.08) highlights expensive growth prospects.
- ⚠️ Dividend yield at 0.13% is very low, limiting income appeal.
Company Negative News
- 📉 PAT declined slightly from 145 Cr. to 141 Cr. quarter-on-quarter.
- 📉 DII holdings decreased by 0.47%, showing reduced domestic institutional support.
Company Positive News
- 📈 FII holdings increased by 0.42%, reflecting foreign investor confidence.
- 📈 Quarterly profit variation at 12.9% highlights steady earnings momentum.
- 📈 Stock has delivered strong 52-week performance (61.2%).
Industry
- 🏭 Industry PE at 27.0 indicates sector is moderately valued compared to ZFCVINDIA’s premium valuation.
- 🏭 Auto components sector outlook remains strong, driven by demand expansion and global supply chain recovery.
Conclusion
🔎 ZFCVINDIA is in a bullish trend with consolidation near highs. Entry near 14,500–14,700 ₹ offers favorable risk-reward, while resistance at 16,200–16,600 ₹ should be watched for exits. A breakout above 16,665 ₹ could trigger fresh upside momentum. Investors should monitor volume strength and institutional flows for confirmation of sustained rally.