DALBHARAT

CMP: ₹1,970–1,980 52W Range: ₹1,717 – ₹2,496 Market Cap: ₹36,000+ Cr 👉 Stock is currently trading 20% below 52-week high → indicates correction phase. 📈 Technical Analysis (Important) Trend: Sideways to mildly bullish Short-term resistance: ₹2,050 – ₹2,100 Strong resistance: ₹2,250+ Support levels: ₹1,900 (immediate) ₹1,750–1,720 (strong demand zone) 👉 If sustains above ₹2,100 → momentum breakout possible 👉 Below ₹1,900 → weakness may continue 📊 Fundamental Analysis PE: 30–31 (below industry PE 55+) → relatively reasonable ROE: Low (2–4%) → weak profitability Debt: Moderate (not risky but not very low) Earnings Growth: Strong YoY spike (90%+) 👉 Key takeaway: Valuation OK Profitability weak Growth improving