ADANIENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.1
| Stock Code | ADANIENT | Market Cap | 3,13,310 Cr. | Current Price | 2,408 ₹ | High / Low | 2,613 ₹ |
| Stock P/E | 131 | Book Value | 486 ₹ | Dividend Yield | 0.05 % | ROCE | 7.60 % |
| ROE | 5.35 % | Face Value | 1.00 ₹ | DMA 50 | 2,135 ₹ | DMA 200 | 2,229 ₹ |
| Chg in FII Hold | -0.84 % | Chg in DII Hold | -0.01 % | PAT Qtr | 344 Cr. | PAT Prev Qtr | 563 Cr. |
| RSI | 74.4 | MACD | 106 | Volume | 39,00,124 | Avg Vol 1Wk | 37,44,527 |
| Low price | 1,753 ₹ | High price | 2,613 ₹ | PEG Ratio | 10.3 | Debt to equity | 0.18 |
| 52w Index | 76.2 % | Qtr Profit Var | -42.8 % | EPS | 88.1 ₹ | Industry PE | 156 |
📈 Chart Patterns & Trend: ADANIENT is trading above both 50 DMA (₹2,135) and 200 DMA (₹2,229), showing short-term strength. RSI at 74.4 indicates overbought conditions, while MACD at 106 confirms bullish divergence. Bollinger Bands suggest volatility expansion with price near its 52-week high (₹2,613), signaling stretched momentum. Price action remains closer to highs, reflecting strong but risky momentum.
🔑 Momentum Signals: RSI above 70 signals overbought territory. MACD positive supports bullish bias. Volume (39.0L) is slightly above average (37.4L), confirming accumulation. Trendlines highlight support near ₹2,300–₹2,340 and resistance near ₹2,580–₹2,610.
🎯 Entry Zone: ₹2,300 – ₹2,340 (support levels)
💰 Exit Zone: ₹2,580 – ₹2,610 (resistance levels)
📊 Status: Trending upward but overbought; consolidation or pullback likely unless earnings growth sustains.
Positive
- Stock trading above both 50 DMA and 200 DMA
- Strong volume activity supports momentum
- Quarterly PAT at ₹344 Cr, showing profitability despite decline
- Large market cap (₹3,13,310 Cr) provides stability
Limitation
- Extremely high P/E (131) vs industry average (156)
- Weak ROE (5.35%) and ROCE (7.60%)
- PEG ratio at 10.3 indicates expensive growth pricing
- Dividend yield negligible at 0.05%
- Quarterly PAT declined sharply (-42.8%)
Company Negative News
- FII holdings declined (-0.84%)
- Profit contraction raises concerns
Company Positive News
- Stock trading near 76% of 52-week range
- Strong liquidity and institutional presence
Industry
- Industry PE at 156 highlights sector premium
- ADANIENT trading at high multiples but slightly below industry average
Conclusion
⚠️ ADANIENT is trending upward with strong technical momentum supported by volumes and MACD. However, valuations remain stretched and profitability has weakened. Best suited for tactical trades near ₹2,300–₹2,340 with profit-taking around ₹2,580–₹2,610. Long-term investors should be cautious given overvaluation and declining earnings.
Would you like me to add a benchmarking overlay against peers like Adani Ports, Adani Power, and Adani Green so you can see relative valuation and momentum gaps across the group?