ADANIENSOL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | ADANIENSOL | Market Cap | 1,24,518 Cr. | Current Price | 1,037 ₹ | High / Low | 1,068 ₹ |
| Stock P/E | 219 | Book Value | 167 ₹ | Dividend Yield | 0.00 % | ROCE | 5.13 % |
| ROE | 3.81 % | Face Value | 10.0 ₹ | DMA 50 | 987 ₹ | DMA 200 | 939 ₹ |
| Chg in FII Hold | 0.41 % | Chg in DII Hold | 0.17 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 101 Cr. |
| RSI | 58.3 | MACD | 6.81 | Volume | 17,54,439 | Avg Vol 1Wk | 17,12,191 |
| Low price | 745 ₹ | High price | 1,068 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.52 |
| 52w Index | 90.4 % | Qtr Profit Var | -30.3 % | EPS | 4.74 ₹ | Industry PE | 55.4 |
📈 Chart & Trend: Current price (1,037 ₹) is above both 50 DMA (987 ₹) and 200 DMA (939 ₹), confirming short-term bullish momentum and trend continuation.
📊 RSI: At 58.3, RSI is moderately bullish, showing healthy buying strength but nearing overbought territory.
📈 MACD: Positive (+6.81), indicating bullish crossover and sustained momentum.
📉 Bollinger Bands: Price is near the upper band, suggesting strong momentum but potential short-term resistance.
📉 Volume: Current volume (17,54,439) is slightly above 1-week average (17,12,191), showing consistent participation and accumulation.
📍 Support Levels: 1,000 ₹ (near-term), 960 ₹ (major support), 745 ₹ (long-term support).
📍 Resistance Levels: 1,050 ₹ (near-term), 1,068 ₹ (52-week high), 1,100 ₹ (potential breakout zone).
🔎 Momentum Signal: Strong short-term bullish momentum with breakout potential.
📌 Trend Status: Trending upward with consolidation risk near resistance.
Positive
- Quarterly profit growth (PAT up from 101 Cr. to 114 Cr.).
- FII holding increased (+0.41%) and DII holding increased (+0.17%), showing institutional support.
- EPS of 4.74 ₹ reflects earnings consistency despite valuation concerns.
Limitation
- Extremely high P/E (219) compared to industry average (55.4), indicating overvaluation.
- Dividend yield is 0.00%, offering no income support.
- ROCE (5.13%) and ROE (3.81%) are weak compared to peers.
Company Negative News
- Quarterly profit variation (-30.3%) highlights earnings volatility.
- Efficiency ratios remain weak despite revenue growth.
Company Positive News
- Sequential PAT growth signals operational improvement.
- Strong institutional inflows from both FII and DII holdings.
Industry
- Industry P/E at 55.4 is much lower than company’s P/E (219), highlighting premium pricing risk.
- Renewable and energy solutions sector remains in growth phase, supported by policy and demand tailwinds.
Conclusion
✅ ADANIENSOL is trending upward with bullish signals (above DMA, positive MACD, RSI near 60). Entry is favorable near 1,000–1,020 ₹ with strict stop-loss at 960 ₹. Exit zones lie around 1,050–1,068 ₹, with breakout potential toward 1,100 ₹ if momentum strengthens. Fundamentals show institutional support and sequential profit growth, but extreme valuation and weak efficiency ratios raise caution. Traders can ride momentum with strict risk management; long-term investors should wait for earnings stability before accumulation.