AAVAS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | AAVAS | Market Cap | 10,947 Cr. | Current Price | 1,381 ₹ | High / Low | 2,153 ₹ |
| Stock P/E | 17.5 | Book Value | 591 ₹ | Dividend Yield | 0.00 % | ROCE | 10.1 % |
| ROE | 14.1 % | Face Value | 10.0 ₹ | DMA 50 | 1,293 ₹ | DMA 200 | 1,466 ₹ |
| Chg in FII Hold | -7.98 % | Chg in DII Hold | 7.84 % | PAT Qtr | 170 Cr. | PAT Prev Qtr | 164 Cr. |
| RSI | 66.3 | MACD | 52.2 | Volume | 1,03,094 | Avg Vol 1Wk | 69,965 |
| Low price | 1,050 ₹ | High price | 2,153 ₹ | PEG Ratio | 1.02 | Debt to equity | 3.08 |
| 52w Index | 30.0 % | Qtr Profit Var | 16.1 % | EPS | 79.2 ₹ | Industry PE | 15.1 |
📈 Chart Patterns & Trend: AAVAS is trading above its 50 DMA (₹1,293) but below 200 DMA (₹1,466), showing short-term strength but medium-term weakness. RSI at 66.3 indicates bullish momentum nearing overbought territory. MACD at 52.2 confirms positive divergence. Bollinger Bands suggest volatility expansion with price trending upward. Price action remains closer to highs (₹2,153) than lows, reflecting recovery momentum.
🔑 Momentum Signals: RSI above 65 signals strong buying interest. MACD positive supports bullish bias. Volume (1.03L) is above average (0.69L), confirming accumulation. Trendlines highlight support near ₹1,300–₹1,340 and resistance near ₹1,450–₹1,480.
🎯 Entry Zone: ₹1,300 – ₹1,340 (support levels)
💰 Exit Zone: ₹1,450 – ₹1,480 (resistance levels)
📊 Status: Trending upward with moderate strength; consolidation possible near resistance but overall bullish bias intact.
Positive
- Quarterly PAT growth (+16.1%) shows earnings resilience
- EPS at ₹79.2 reflects profitability
- ROE strong at 14.1%
- Stock trading above 50 DMA with positive RSI and MACD
- DII holdings increased significantly (+7.84%), showing domestic investor confidence
Limitation
- P/E (17.5) slightly above industry average (15.1)
- ROCE modest at 10.1%
- High debt-to-equity ratio (3.08) adds leverage risk
- Stock trading below 200 DMA, showing medium-term weakness
Company Negative News
- FII holdings declined sharply (-7.98%)
- Valuation concerns due to leverage and sector risks
Company Positive News
- Quarterly profit improved (₹170 Cr vs ₹164 Cr)
- Strong domestic inflows from DII investors
Industry
- Industry PE at 15.1 highlights sector stability
- AAVAS trading at a slight premium compared to peers
Conclusion
✅ AAVAS is trending upward with bullish technical signals supported by domestic inflows and earnings growth. While valuations are slightly above industry average and leverage is high, ROE and EPS provide resilience. Best suited for accumulation near ₹1,300–₹1,340 with profit-taking near ₹1,450–₹1,480. Sustained recovery requires price crossing above 200 DMA and continued earnings momentum.
Would you like me to add a peer benchmarking overlay (AAVAS vs Can Fin Homes, LIC Housing, and PNB Housing) so you can see relative strength and valuation gaps in one modular view?