AARTIIND - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | AARTIIND | Market Cap | 15,699 Cr. | Current Price | 433 ₹ | High / Low | 495 ₹ |
| Stock P/E | 42.6 | Book Value | 158 ₹ | Dividend Yield | 0.23 % | ROCE | 6.43 % |
| ROE | 6.22 % | Face Value | 5.00 ₹ | DMA 50 | 418 ₹ | DMA 200 | 412 ₹ |
| Chg in FII Hold | 0.30 % | Chg in DII Hold | 0.01 % | PAT Qtr | 146 Cr. | PAT Prev Qtr | 80.0 Cr. |
| RSI | 52.0 | MACD | 1.34 | Volume | 4,85,981 | Avg Vol 1Wk | 13,90,076 |
| Low price | 338 ₹ | High price | 495 ₹ | PEG Ratio | -1.25 | Debt to equity | 0.69 |
| 52w Index | 60.4 % | Qtr Profit Var | 211 % | EPS | 10.4 ₹ | Industry PE | 25.7 |
📈 Chart & Trend: Current price (433 ₹) is above both 50 DMA (418 ₹) and 200 DMA (412 ₹), showing short-term bullish momentum supported by moving averages.
📊 RSI: At 52.0, RSI is neutral, suggesting balanced buying and selling pressure.
📈 MACD: Positive (+1.34), indicating mild bullish crossover and potential upward continuation.
📉 Bollinger Bands: Price is near the mid-band, suggesting consolidation with scope for breakout.
📉 Volume: Current volume (4,85,981) is significantly below 1-week average (13,90,076), showing weak participation and lack of strong accumulation.
📍 Support Levels: 420 ₹ (near-term), 400 ₹ (major support), 338 ₹ (long-term support).
📍 Resistance Levels: 450 ₹ (near-term), 470 ₹ (major resistance), 495 ₹ (52-week high).
🔎 Momentum Signal: Mild bullish momentum but requires volume confirmation.
📌 Trend Status: Consolidating with upward bias.
Positive
- Quarterly profit growth (PAT up from 80 Cr. to 146 Cr., +211%).
- EPS of 10.4 ₹ reflects improving earnings strength.
- FII holding increased (+0.30%) and DII holding increased (+0.01%), showing institutional support.
Limitation
- High P/E (42.6) compared to industry average (25.7), indicating overvaluation risk.
- Dividend yield is modest (0.23%), offering limited income support.
- Weak ROCE (6.43%) and ROE (6.22%) compared to peers.
- Volume participation is weak, reducing conviction in momentum.
Company Negative News
- Efficiency ratios remain weak despite profit growth (ROCE and ROE both below industry norms).
- Debt-to-equity ratio at 0.69 is moderate, raising leverage concerns.
Company Positive News
- Quarterly profit growth signals operational improvement.
- Institutional support from both FII and DII holdings.
Industry
- Industry P/E at 25.7 is lower than company’s P/E (42.6), suggesting premium valuation.
- Chemicals sector remains cyclical but supported by demand recovery.
Conclusion
✅ AARTIIND is consolidating near moving averages with mild bullish signals (positive MACD, neutral RSI). Entry is favorable near 420–430 ₹ with strict stop-loss at 400 ₹. Exit zones lie around 450–470 ₹, with breakout potential toward 495 ₹ if momentum strengthens. Fundamentals show profit growth and institutional support, but weak efficiency ratios and high valuation raise caution. Traders may look for breakout confirmation; long-term investors should accumulate gradually with risk management.