Chennai Petroleum Corporation Ltd. Share Price Today

Techno Funda Ratings

RS Rating
50
Moderate
EPS Rating
50
Moderate
A/D Rating
C
Moderate

Key Metrics

Current Price

₹1214.8

Market Cap

₹ 18,090 Cr.

Stock P/E

4.33

ROE

32.1 %

RSI

51.18

Trend

Bullish

Share Price Chart

Technical Commentary

Chennai Petroleum Corporation Ltd currently shows Bullish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 50 and an EPS Rating of 50. TI65 trend indicator currently remains Bullish.

Buy or Sell Analysis

Speculative Momentum Phase (Neutral / Hold). Chennai Petroleum Corporation Ltd is trading above its 50 DMA (1133.99), but it lacks the powerful fundamental support typically required to sustain an extended bull run, as evidenced by a trailing Stock P/E of 4.33 and an ROE of 32.1%. Market relative strength is mediocre (RS Rating: 50), indicating that current price discovery is driven by short-term speculative indexing rather than aggressive institutional backing (A/D Grade: C). While short-term long positions remain valid as long as the price stays above key support floors, conservative market participants should avoid sizing up heavily here. Maintain a neutral profile, trail defensive stops tightly below the 50 DMA, and watch for a decisive high-volume catalyst.

Company Overview

Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.[1]

Chennai Petroleum Corporation Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Chennai Petroleum Corporation Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Chennai Petroleum Corporation Ltd share price chart currently indicates a Bullish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price1214.8
RSI (14)51.18
50 DMA1133.99
200 DMA980.65
TrendBullish
A/D RatingC
RS Rating50
EPS Rating50
TI651.11
TI65 TrendBullish

Pivot Points Analysis

Daily pivot points for Chennai Petroleum Corporation Ltd. calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹1334.36
R2₹1308.13
R1₹1261.46
PP₹1235.23
S1₹1188.56
S2₹1162.33
S3₹1115.66

Financial Ratios

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MetricValue
Market Cap₹ 18,090 Cr.
Current Price₹ 1,215
High / Low₹ 1,354 / 621
Stock P/E4.33
Book Value₹ 746
Dividend Yield5.10 %
ROCE35.1 %
ROE32.1 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Jun 202314,7455566%
Sep 202316,5451,19511%
Dec 202317,3763654%
Mar 202417,7206286%
Jun 202417,0953574%
Sep 202412,086-634-6%
Dec 202412,925212%
Mar 202517,2494705%
Jun 202514,812-401%
Sep 202516,3277197%
Dec 202515,6831,0029%
Mar 202616,8171,42212%
Jun 202627,3691,0316%

Shareholding Pattern

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HolderHolding
Promoters 67.29%
FIIs 12.94%
DIIs 8.36%
Public 11.41%
No. of Shareholders61,194
Government 0.00%

Pros and Cons

Pros

  • Healthy return on equity of 32.1% indicating strong capital allocation efficiency.
  • Strong technical momentum with price holding comfortably above the 50 DMA (1133.99).

Cons

    Related NSE Stocks

    Frequently Asked Questions

    What is the current technical trend and RSI for Chennai Petroleum Corporation Ltd share?

    Based on the latest closing data, the technical momentum for Chennai Petroleum Corporation Ltd is currently evaluated as Bullish. The stock is exhibiting an RSI (14) of 51.18, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (1133.99) defining immediate multi-day trend patterns.

    What are the key resistance and support pivot points for Chennai Petroleum Corporation Ltd?

    According to Classic Pivot Point methodologies, the core trading floor for Chennai Petroleum Corporation Ltd today centers at a Pivot Point (PP) of ₹1235.23. Upside resistance challenges are calculated at R1: ₹1261.46, R2: ₹1308.13, and R3: ₹1334.36. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹1188.56, S2: ₹1162.33, and S3: ₹1115.66.

    How does the fundamental ROE and P/E ratio look for Chennai Petroleum Corporation Ltd?

    Chennai Petroleum Corporation Ltd is currently trading with a valuation metrics context of a Stock P/E of 4.33, against a core structural efficiency Return on Equity (ROE) standing at 32.1 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 50, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

    Should I buy or sell Chennai Petroleum Corporation Ltd shares based on corporate rankings?

    Our dynamic trade matrix suggests a status of: Speculative Momentum Phase (Neutral / Hold). Chennai Petroleum Corporation Ltd i... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 50, and long-term trend backing from the TI65 indicator (Bullish pattern).

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