Price Movement and Market Context
On 24 Nov 2025, Mac Charles (India) closed at ₹730.00, reflecting a day change of 7.31% from the previous close of ₹680.25. The intraday trading range spanned from ₹660.00 to ₹739.80, with the stock approaching its 52-week high of ₹775.00, while maintaining a considerable distance from its 52-week low of ₹500.00. This price action indicates a robust upward momentum in the near term.
Comparatively, the stock’s returns have outpaced the broader Sensex index across multiple periods. Over the past week, Mac Charles (India) recorded a 4.64% return against Sensex’s 0.79%. The one-month return stood at 3.64%, while the Sensex posted 0.95%. Year-to-date, the stock’s return of 16.47% notably exceeds the Sensex’s 9.08%. Over longer horizons, the stock’s performance remains compelling, with a 1-year return of 29.17% versus Sensex’s 10.47%, a 3-year return of 63.60% compared to 39.39%, a 5-year return of 218.85% against 94.23%, and a 10-year return of 267.57% relative to 229.48% for the Sensex.
Technical Indicator Analysis
The recent revision in Mac Charles (India)’s evaluation metrics has coincided with a shift in technical trend from mildly bullish to bullish. This transition is supported by a variety of technical indicators across different time frames.
The Moving Average Convergence Divergence (MACD) indicator presents a mixed picture. On a weekly basis, MACD remains mildly bearish, suggesting some short-term caution. However, the monthly MACD reading is bullish, indicating that the longer-term momentum favours upward price movement. This divergence between weekly and monthly MACD readings often signals a potential consolidation phase before a sustained trend continuation.
The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no definitive signal, implying that the stock is neither overbought nor oversold. This neutral RSI stance suggests that there is room for further price appreciation without immediate risk of a reversal due to overextension.
Bollinger Bands provide additional insight, with both weekly and monthly indicators signalling bullish conditions. The stock price trading near the upper band typically reflects strong buying interest and volatility consistent with an upward trend.
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Moving Averages and Momentum Oscillators
Daily moving averages for Mac Charles (India) are aligned in a bullish configuration, reinforcing the positive momentum observed in price action. The alignment of short-term averages above longer-term averages typically signals sustained buying pressure and a favourable environment for price appreciation.
The Know Sure Thing (KST) oscillator presents a nuanced view. While the weekly KST remains mildly bearish, the monthly KST is bullish. This pattern echoes the MACD readings and suggests that short-term momentum may be experiencing some hesitation, but the broader trend remains positive.
Dow Theory assessments on both weekly and monthly time frames indicate mildly bullish conditions, further supporting the notion of an emerging upward trend. The absence of clear signals from the On-Balance Volume (OBV) indicator leaves volume-based confirmation inconclusive at this stage.
Sector and Industry Positioning
Operating within the Hotels & Resorts sector, Mac Charles (India) is positioned in an industry that has shown signs of recovery and growth amid evolving travel and hospitality dynamics. The stock’s technical momentum aligns with broader sectoral trends, which have been influenced by improving occupancy rates and consumer confidence in leisure and business travel.
Market capitalisation grading places the company in a mid-tier category, reflecting a balance between established market presence and growth potential. This positioning may attract investors seeking exposure to the hospitality sector with a blend of stability and upside opportunity.
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Implications for Investors
The recent shift in Mac Charles (India)’s technical parameters suggests a strengthening of bullish momentum, particularly over the medium to long term. The convergence of bullish signals from moving averages, Bollinger Bands, and monthly momentum oscillators provides a foundation for potential price appreciation.
However, the mildly bearish weekly MACD and KST indicators, coupled with neutral RSI readings, indicate that short-term volatility and consolidation phases may occur. Investors should monitor these technical signals closely to gauge the sustainability of the current trend.
Given the stock’s historical outperformance relative to the Sensex across multiple time frames, Mac Charles (India) remains a noteworthy candidate for those analysing the Hotels & Resorts sector. The stock’s ability to maintain momentum near its 52-week high will be a critical factor in determining its trajectory in the coming weeks.
Summary
Mac Charles (India) has experienced a revision in its evaluation metrics that aligns with a bullish shift in technical trend. The stock’s price momentum, supported by key indicators such as moving averages and Bollinger Bands, suggests a positive outlook over the medium term. While some short-term indicators advise caution, the overall technical landscape points to a strengthening position within the Hotels & Resorts sector.
Investors and market watchers should continue to analyse the evolving technical signals alongside broader market and sector developments to make informed decisions regarding Mac Charles (India).
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