ABSLAMC - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | ABSLAMC | Market Cap | 29,349 Cr. | Current Price | 1,015 ₹ | High / Low | 1,099 ₹ |
| Stock P/E | 29.7 | Book Value | 139 ₹ | Dividend Yield | 2.36 % | ROCE | 32.7 % |
| ROE | 25.6 % | Face Value | 5.00 ₹ | DMA 50 | 959 ₹ | DMA 200 | 852 ₹ |
| Chg in FII Hold | -0.30 % | Chg in DII Hold | 0.76 % | PAT Qtr | 192 Cr. | PAT Prev Qtr | 274 Cr. |
| RSI | 52.9 | MACD | 30.1 | Volume | 2,54,539 | Avg Vol 1Wk | 7,21,271 |
| Low price | 612 ₹ | High price | 1,099 ₹ | PEG Ratio | 1.59 | Debt to equity | 0.02 |
| 52w Index | 82.8 % | Qtr Profit Var | -15.7 % | EPS | 34.1 ₹ | Industry PE | 31.6 |
📈 Chart Patterns & Trend: ABSLAMC is trading above both 50 DMA (₹959) and 200 DMA (₹852), confirming bullish momentum. RSI at 52.9 indicates neutral-to-positive strength, while MACD at 30.1 shows positive divergence. Bollinger Bands suggest moderate volatility expansion. Price action remains closer to highs (₹1,099) than lows (₹612), reflecting recovery momentum.
🔑 Momentum Signals: RSI above 50 signals healthy buying interest. MACD positive supports bullish bias. Volume (2.54L) is below average (7.21L), showing weaker participation, which may limit breakout strength. Trendlines highlight support near ₹980–₹1,000 and resistance near ₹1,080–₹1,100.
🎯 Entry Zone: ₹980 – ₹1,000 (support levels)
💰 Exit Zone: ₹1,080 – ₹1,100 (resistance levels)
📊 Status: Trending upward with moderate strength; consolidation possible near resistance due to weak volumes.
Positive
- Stock trading above both 50 DMA and 200 DMA
- Strong ROE (25.6%) and ROCE (32.7%) highlight efficiency
- Dividend yield at 2.36% provides income support
- EPS at ₹34.1 reflects profitability
- DII holdings increased (+0.76%), showing domestic investor confidence
Limitation
- P/E (29.7) slightly below industry average (31.6), limiting valuation upside
- Quarterly PAT declined (₹192 Cr vs ₹274 Cr)
- Volume below average, limiting breakout strength
- PEG ratio at 1.59 indicates stretched growth valuation
Company Negative News
- FII holdings declined (-0.30%)
- Quarterly profit contraction (-15.7%) raises concerns
Company Positive News
- Strong efficiency metrics (ROE, ROCE)
- Dividend yield supports investor sentiment
- DII inflows reflect domestic confidence
Industry
- Industry PE at 31.6 highlights sector stability
- Asset management sector outlook remains strong, supported by rising domestic flows
Conclusion
✅ ABSLAMC is trending upward with bullish technical signals supported by strong efficiency metrics and dividend yield. However, declining profits and weak volumes limit near-term upside. Best suited for accumulation near ₹980–₹1,000 with profit-taking around ₹1,080–₹1,100. Long-term investors may hold for efficiency and dividend support, but should monitor earnings momentum closely.
Would you like me to add a peer benchmarking overlay (ABSLAMC vs HDFC AMC, Nippon Life AMC, and UTI AMC) so you can see relative valuation and momentum gaps in one modular view?