Technical Analysis (Daily Chart)
Price Action: Strong bearish candle breaking below 50 Day’s EMA (blue line) after recent sideways consolidation.
Moving Averages:
20 EMA (green) sloping down – short-term weakness.
50 EMA (blue) now broken – indicates bearish momentum building.
100 EMA (black) and 200 EMA (golden) still rising – long-term trend remains intact but near-term sentiment is weak.
Parabolic SAR: Dots above candles → Sell signal.
MACD: Bearish crossover already active; histogram declining.
RSI: 36.77 – approaching oversold zone but still room for downside.
Conclusion: Short-term trend bearish; potential support near ₹2,480–2,500 zone. If broken, next support ₹2,300–2,320.
Q1 FY26 Results – 13th Aug 2025
Impact Scenarios:
Positive Surprise: If AUM growth & NIMs beat expectations → stock may rebound quickly from oversold levels.
Negative/Below Expectations: Price may fall toward 200 EMA (~₹2,220) zone.
Market volatility expected pre- and post-results; traders should maintain strict stop-loss.
Stock Movement in 2025
YTD Performance (as of 12 Aug 2025): The stock is currently trading around ₹2,533, reflecting a 16% gain over the past 6 months and approximately 33% rise in the past year.
52-Week Range: Low of ₹1,751 and high near ₹2,718.
Additional Insights
Dividend Yield: 1% dividend consistency is solid financier support.
Valuation Metrics:
P/E ratio around 19.6
P/B ratio approximately 3.47
Financial Highlights (FY25 Q4):
Net sales grew 35–42% YoY; net profit surged 43%.
Shares rallied post RBI’s gold loan easing and small borrower tariff guidelines. Median estimated target is ₹2,578 in 12 months; range ₹2,079 to ₹2,916.