ATGL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.2
| Stock Code | ATGL | Market Cap | 80,376 Cr. | Current Price | 728 ₹ | High / Low | 860 ₹ |
| Stock P/E | 127 | Book Value | 43.9 ₹ | Dividend Yield | 0.03 % | ROCE | 15.1 % |
| ROE | 14.1 % | Face Value | 1.00 ₹ | DMA 50 | 667 ₹ | DMA 200 | 618 ₹ |
| Chg in FII Hold | -0.06 % | Chg in DII Hold | 0.01 % | PAT Qtr | 156 Cr. | PAT Prev Qtr | 157 Cr. |
| RSI | 55.8 | MACD | 18.8 | Volume | 37,41,397 | Avg Vol 1Wk | 35,13,922 |
| Low price | 454 ₹ | High price | 860 ₹ | PEG Ratio | 20.6 | Debt to equity | 0.47 |
| 52w Index | 67.7 % | Qtr Profit Var | 4.32 % | EPS | 5.79 ₹ | Industry PE | 20.5 |
Adani Total Gas (ATGL) shows moderate potential for swing trading. Technical indicators (RSI 55.8, MACD positive, price above 50DMA and 200DMA) suggest short-term bullish momentum. Fundamentals are mixed: decent ROE (14.1%) and ROCE (15.1%), but extremely high P/E (127 vs industry 20.5), high PEG ratio (20.6), and low dividend yield (0.03%) raise caution. The optimal entry price is near 665–675 ₹ (50DMA support). If already holding, consider exiting near 850–860 ₹, close to recent highs, unless momentum strengthens further.
✅ Positive
- 📈 Price trading above 50DMA (667 ₹) and 200DMA (618 ₹), confirming bullish trend.
- 💹 Quarterly PAT stable (156 Cr vs 157 Cr).
- 📊 EPS at 5.79 ₹, reflecting profitability.
- 💰 Debt-to-equity ratio at 0.47, moderate compared to peers.
- 📊 Strong trading volume (37.4 lakh), higher than weekly average, showing liquidity.
⚠️ Limitation
- 📉 Extremely high P/E (127) compared to industry average (20.5).
- 📊 PEG ratio (20.6) indicates expensive valuation relative to growth.
- 📉 Dividend yield at 0.03%, limiting income potential.
- 📊 EPS relatively low compared to valuation multiples.
📰 Company Negative News
- 📉 Decline in FII holding (-0.06%), reflecting reduced foreign investor confidence.
🌟 Company Positive News
- 📈 Stable quarterly PAT performance despite valuation concerns.
- 📊 Increase in DII holding (+0.01%), showing domestic institutional support.
🏭 Industry
- 📊 Industry PE at 20.5, much lower than ATGL’s 127, highlighting severe overvaluation.
- 📈 Gas distribution sector showing demand growth but valuations remain stretched.
📌 Conclusion
Adani Total Gas is technically stable with moderate profitability and liquidity, but fundamentally overvalued with weak valuation metrics. It is a cautious candidate for swing trading. Entry near support (665–675 ₹) and exit near resistance (850–860 ₹) is advisable. Long-term investors should be cautious due to stretched valuations and low returns relative to price.
Would you like me to extend this with a gas distribution sector outlook or a peer comparison to refine the swing trade view?