Current
Price: ₹783.10 (as of last close)
52-Week Range: ₹601.20 – ₹929.00
Market Cap: ₹1.94 lakh crore
P/E Ratio: 43.26 (lower than sector average)
EPS (TTM): ₹18.12
Dividend Yield: 0.77%
Debt-to-Equity: 0.10 (very low)
ROE: 10.76%
ROCE: 6.51%
⚙️ Technical Indicators
RSI (14-day): 56.38 — Neutral to slightly bullish.
MACD: 4.28 — Positive, supporting bullish momentum.
Moving Averages: Trading above both 50-day and 200-day EMAs, indicating a long-term uptrend.
Trend Rating: Strong Buy, according to daily technical analysis.
📈 Short-Term Outlook
Bullish Scenario:
Entry: Above ₹800 with strong volume.
Targets: ₹820–₹825, ₹840–₹850.
Stop Loss: ₹780.
Bearish Scenario:
Entry: Below ₹780 with confirmation.
Targets: ₹760–₹765, ₹740–₹745.
Stop Loss: ₹800.
⚠️ Risks
Breakdown below ₹780: Could lead to a short-term correction toward ₹760–₹765.
Failure to break above ₹800: May result in consolidation or minor pullback.
Price: ₹783.10 (as of last close)
52-Week Range: ₹601.20 – ₹929.00
Market Cap: ₹1.94 lakh crore
P/E Ratio: 43.26 (lower than sector average)
EPS (TTM): ₹18.12
Dividend Yield: 0.77%
Debt-to-Equity: 0.10 (very low)
ROE: 10.76%
ROCE: 6.51%
⚙️ Technical Indicators
RSI (14-day): 56.38 — Neutral to slightly bullish.
MACD: 4.28 — Positive, supporting bullish momentum.
Moving Averages: Trading above both 50-day and 200-day EMAs, indicating a long-term uptrend.
Trend Rating: Strong Buy, according to daily technical analysis.
📈 Short-Term Outlook
Bullish Scenario:
Entry: Above ₹800 with strong volume.
Targets: ₹820–₹825, ₹840–₹850.
Stop Loss: ₹780.
Bearish Scenario:
Entry: Below ₹780 with confirmation.
Targets: ₹760–₹765, ₹740–₹745.
Stop Loss: ₹800.
⚠️ Risks
Breakdown below ₹780: Could lead to a short-term correction toward ₹760–₹765.
Failure to break above ₹800: May result in consolidation or minor pullback.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.