⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
ADANIENSOL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ADANIENSOL | Market Cap | 1,06,211 Cr. | Current Price | 884 ₹ | High / Low | 1,068 ₹ |
| Stock P/E | 186 | Book Value | 167 ₹ | Dividend Yield | 0.00 % | ROCE | 5.13 % |
| ROE | 3.81 % | Face Value | 10.0 ₹ | DMA 50 | 946 ₹ | DMA 200 | 916 ₹ |
| Chg in FII Hold | 0.41 % | Chg in DII Hold | 0.17 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 101 Cr. |
| RSI | 37.4 | MACD | -33.2 | Volume | 9,86,775 | Avg Vol 1Wk | 20,43,436 |
| Low price | 639 ₹ | High price | 1,068 ₹ | PEG Ratio | 1.52 | Debt to equity | 0.52 |
| 52w Index | 57.2 % | Qtr Profit Var | -30.3 % | EPS | 4.74 ₹ | Industry PE | 45.2 |
📈 Technical Chart Analysis
- Moving Averages: Current price (884 ₹) is below 50 DMA (946 ₹) and 200 DMA (916 ₹), showing short-term weakness but close to long-term support.
- RSI: At 37.4, the stock is approaching oversold territory, suggesting potential rebound.
- MACD: Negative (-33.2), indicating bearish crossover and weak momentum.
- Bollinger Bands: Price is near the lower band, signaling oversold conditions and possible short-term bounce.
- Volume Trends: Current volume (9,86,775) is lower than 1-week average (20,43,436), showing reduced participation and weak conviction.
📊 Momentum & Trend Signals
- Short-term Momentum: Bearish bias due to negative MACD and weak volume.
- Support Zone: 840–860 ₹ (near recent lows and psychological support).
- Resistance Zone: 946–1,000 ₹ (near 50 DMA and psychological round level).
- Optimal Entry: Around 850–870 ₹ if RSI remains oversold and support holds.
- Optimal Exit: 950–1,000 ₹ if price rebounds to moving averages.
- Trend Status: Currently consolidating with bearish undertone; reversal possible if RSI triggers bounce.
✅ Positive
- FII holding increased (+0.41%), showing foreign investor confidence.
- DII holding also increased (+0.17%), reflecting domestic support.
- Quarterly PAT improved from 101 Cr. to 114 Cr., showing earnings growth despite volatility.
- Strong 52-week performance (+57.2%) indicates resilience over the longer term.
⚠️ Limitation
- Extremely high P/E (186) compared to industry average (45.2), suggesting overvaluation.
- Weak ROCE (5.13%) and ROE (3.81%) highlight poor capital efficiency.
- Debt-to-equity ratio of 0.52 is relatively high compared to peers.
- Dividend yield is 0%, offering no passive income to investors.
📉 Company Negative News
- Quarterly profit variation (-30.3%) indicates earnings volatility.
- Stock corrected from 1,068 ₹ high, showing susceptibility to profit booking.
📈 Company Positive News
- EPS growth (4.74 ₹) remains steady despite sector challenges.
- Institutional investors (both FII and DII) increased holdings, signaling confidence.
🏭 Industry
- Renewable energy sector is growing rapidly, supported by government initiatives.
- Industry P/E at 45.2 suggests sector is moderately valued; Adani Energy Solutions trades at a steep premium.
🔎 Conclusion
- Adani Energy Solutions shows strong investor interest but weak fundamentals and high valuation.
- Technically, the stock is consolidating near support with oversold RSI, suggesting possible short-term rebound.
- Entry near 850–870 ₹ is favorable for short-term traders, with exit near 950–1,000 ₹.
- Short-term outlook: cautious trading; long-term outlook requires improvement in ROCE/ROE and earnings stability.