AARTIIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | AARTIIND | Market Cap | 18,112 Cr. | Current Price | 499 ₹ | High / Low | 523 ₹ |
| Stock P/E | 43.6 | Book Value | 165 ₹ | Dividend Yield | 0.20 % | ROCE | 6.83 % |
| ROE | 7.16 % | Face Value | 5.00 ₹ | DMA 50 | 460 ₹ | DMA 200 | 429 ₹ |
| Chg in FII Hold | 0.68 % | Chg in DII Hold | 1.90 % | PAT Qtr | 147 Cr. | PAT Prev Qtr | 146 Cr. |
| RSI | 63.3 | MACD | 7.69 | Volume | 7,70,406 | Avg Vol 1Wk | 8,58,281 |
| Low price | 338 ₹ | High price | 523 ₹ | PEG Ratio | -5.00 | Debt to equity | 0.83 |
| 52w Index | 87.1 % | Qtr Profit Var | 48.5 % | EPS | 11.6 ₹ | Industry PE | 29.6 |
📈 Chart Patterns: AARTIIND is trending upward, trading above both 50 DMA (460 ₹) and 200 DMA (429 ₹), showing short-term strength but facing resistance near 523 ₹.
📊 Moving Averages: Current price (499 ₹) is comfortably above both DMAs, reflecting bullish bias.
📉 RSI: At 63.3, RSI indicates strong momentum but nearing overbought territory.
📈 MACD: Positive at 7.69, confirming bullish crossover and short-term upward momentum.
📊 Bollinger Bands: Price is near the upper band, suggesting strong momentum but risk of pullback.
📉 Volume Trends: Current volume (7,70,406) is slightly below average weekly volume (8,58,281), showing moderate participation.
🎯 Entry Zone: 480 ₹ – 490 ₹ (near DMA support)
🚪 Exit Zone: 515 ₹ – 523 ₹ (resistance near recent high)
📌 Trend Status: Trending upward with bullish bias
Positive
- Price trading above both 50 & 200 DMA
- Quarterly PAT stable at 147 Cr vs 146 Cr
- FII holdings increased (+0.68%)
- DII holdings increased significantly (+1.90%)
- 52-week index at 87.1% highlights strong recovery
Limitation
- High P/E (43.6) vs industry PE (29.6)
- ROCE (6.83%) and ROE (7.16%) relatively weak
- Negative PEG ratio (-5.00) raises valuation concerns
- Debt-to-equity ratio at 0.83 indicates higher leverage
Company Negative News
- Weak efficiency ratios (ROCE and ROE)
- High debt levels compared to peers
Company Positive News
- Stable quarterly profits with slight growth
- Strong institutional support from both FII and DII
- Stock price recovery from 338 ₹ low to 499 ₹
Industry
- Industry PE at 29.6 highlights sector trading at lower valuations compared to AARTIIND
- Chemicals sector showing moderate growth but margin pressures
Conclusion
⚖️ AARTIIND is trending upward with bullish signals supported by MACD and RSI. Entry near 480–490 ₹ offers favorable risk-reward, while resistance at 515–523 ₹ may cap short-term upside. Long-term investors should be cautious of weak efficiency and high leverage, but momentum traders can capitalize on near-term strength.
I can extend this into a swing trade strategy with holding period guidance, or prepare a peer benchmarking overlay comparing AARTIIND’s valuation and momentum against chemical sector peers.