Puravankara Ltd Faces Bearish Momentum Amid Technical Downturn

Technical Trend Overview

Recent analysis reveals that Puravankara’s technical trend has shifted from mildly bearish to outright bearish, reflecting a weakening price momentum. The stock closed at ₹217.70 on 25 Feb 2026, down 2.77% from the previous close of ₹223.90. The intraday range saw a high of ₹223.90 and a low of ₹213.85, indicating heightened volatility within the session.

The 52-week price range remains wide, with a high of ₹338.50 and a low of ₹205.05, suggesting that the stock is trading closer to its lower band, which often signals caution among investors.

MACD and Momentum Indicators

The Moving Average Convergence Divergence (MACD) indicator remains bearish on both weekly and monthly timeframes. This sustained bearishness indicates that the short-term momentum is lagging behind the longer-term trend, a classic sign of weakening buying interest. The MACD histogram continues to show negative values, reinforcing the downtrend.

Meanwhile, the KST (Know Sure Thing) indicator presents a mixed picture: mildly bullish on the weekly chart but mildly bearish on the monthly chart. This divergence suggests some short-term attempts at recovery, but the longer-term momentum remains subdued.

RSI and Overbought/Oversold Conditions

The Relative Strength Index (RSI) on both weekly and monthly charts currently shows no clear signal, hovering in a neutral zone. This indicates that the stock is neither overbought nor oversold, but the lack of upward momentum in RSI suggests limited buying enthusiasm at present.

Bollinger Bands and Moving Averages

Bollinger Bands have turned bearish on both weekly and monthly charts, with the price trending near the lower band. This typically signals increased volatility and potential continuation of the downtrend. Daily moving averages also confirm a bearish stance, with the stock price trading below key averages such as the 50-day and 200-day moving averages, which act as resistance levels.

Volume and Dow Theory Signals

On the volume front, the On-Balance Volume (OBV) indicator shows a mildly bullish trend weekly and a bullish trend monthly, suggesting that despite price declines, accumulation might be occurring at lower levels. However, Dow Theory assessments remain mildly bearish on both weekly and monthly timeframes, indicating that the broader trend is still under pressure.

Comparative Performance and Market Context

Puravankara’s recent returns have underperformed the broader Sensex benchmark across multiple timeframes. Over the past week, the stock declined by 7.05%, significantly worse than the Sensex’s 1.47% fall. The one-month return shows a 4.37% loss for Puravankara against a 0.84% gain for the Sensex. Year-to-date, the stock is down 8.89%, while the Sensex has retreated by 3.51%.

Over longer horizons, the stock has delivered strong absolute returns, with a 10-year gain of 388.12% compared to the Sensex’s 256.13%. Similarly, three- and five-year returns stand at 171.79% and 162.61% respectively, outperforming the Sensex’s 38.28% and 61.92%. Despite this historical outperformance, the recent technical deterioration signals caution for near-term investors.

Mojo Score and Ratings Update

MarketsMOJO has revised Puravankara’s Mojo Grade from Strong Sell to Sell as of 28 Oct 2025, reflecting the evolving technical and fundamental outlook. The current Mojo Score stands at 32.0, indicating weak momentum and a cautious stance. The Market Cap Grade is rated 3, suggesting moderate market capitalisation relative to peers.

This downgrade aligns with the bearish technical indicators and recent price weakness, signalling that investors should carefully assess risk before initiating new positions.

Outlook and Investor Considerations

Given the prevailing bearish technical signals, including the MACD, Bollinger Bands, and moving averages, Puravankara Ltd appears to be under selling pressure in the short to medium term. The neutral RSI and mildly bullish OBV suggest some underlying accumulation, but this has yet to translate into a sustained price recovery.

Investors should monitor key support levels near ₹205 and watch for any reversal signals in momentum indicators before considering fresh exposure. The divergence between short-term and long-term momentum indicators warrants a cautious approach, especially in the context of broader market volatility in the realty sector.

Summary

Puravankara Ltd’s technical parameters have shifted decisively towards bearishness, with key indicators such as MACD, Bollinger Bands, and moving averages confirming downward momentum. While volume-based indicators hint at some accumulation, the overall trend remains weak, reflected in the recent downgrade to a Sell rating by MarketsMOJO.

Investors should weigh the stock’s historical outperformance against its current technical challenges and consider alternative opportunities within the realty sector and broader market. Vigilance on support levels and momentum shifts will be critical in navigating the stock’s near-term trajectory.

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