⚠ 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.
ADANIENT - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.5
| Stock Code | ADANIENT | Market Cap | 2,30,224 Cr. | Current Price | 1,995 ₹ | High / Low | 2,613 ₹ |
| Stock P/E | 99.7 | Book Value | 242 ₹ | Dividend Yield | 0.07 % | ROCE | 12.9 % |
| ROE | 12.1 % | Face Value | 1.00 ₹ | DMA 50 | 2,181 ₹ | DMA 200 | 2,328 ₹ |
| Chg in FII Hold | -0.08 % | Chg in DII Hold | -0.13 % | PAT Qtr | 666 Cr. | PAT Prev Qtr | 504 Cr. |
| RSI | 34.9 | MACD | -73.9 | Volume | 18,99,104 | Avg Vol 1Wk | 25,40,318 |
| Low price | 1,848 ₹ | High price | 2,613 ₹ | PEG Ratio | 1.86 | Debt to equity | 0.59 |
| 52w Index | 19.2 % | Qtr Profit Var | 5.19 % | EPS | 73.9 ₹ | Industry PE | 95.6 |
📈 Technical Chart Analysis
- Moving Averages: Current price (1,995 ₹) is below both 50 DMA (2,181 ₹) and 200 DMA (2,328 ₹), confirming bearish momentum.
- RSI: At 34.9, the stock is nearing oversold territory, suggesting potential rebound opportunities.
- MACD: Negative (-73.9), showing bearish crossover and weak momentum.
- Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term bounce.
- Volume Trends: Current volume (18,99,104) is lower than 1-week average (25,40,318), showing reduced participation and weak conviction.
📊 Momentum & Trend Signals
- Short-term Momentum: Bearish bias due to negative MACD and weak volume.
- Support Zone: 1,850–1,900 ₹ (recent low and psychological support).
- Resistance Zone: 2,180–2,330 ₹ (near 50 DMA and 200 DMA).
- Optimal Entry: Around 1,900–1,950 ₹ if RSI remains oversold and support holds.
- Optimal Exit: 2,200–2,300 ₹ if price rebounds to moving averages.
- Trend Status: Currently consolidating with bearish undertone; reversal possible if RSI triggers bounce and volume improves.
✅ Positive
- Quarterly PAT improved from 504 Cr. to 666 Cr., showing earnings growth.
- EPS at 73.9 ₹ indicates profitability despite valuation concerns.
- Strong 52-week performance (+19.2%) shows resilience in broader market context.
⚠️ Limitation
- Extremely high P/E (99.7) compared to industry average (95.6), suggesting overvaluation.
- Weak ROCE (12.9%) and ROE (12.1%) highlight modest capital efficiency.
- Debt-to-equity ratio of 0.59 is relatively high, adding financial risk.
- Dividend yield is very low (0.07%), offering minimal passive income.
📉 Company Negative News
- Decline in FII holding (-0.08%) and DII holding (-0.13%) indicates reduced institutional confidence.
- Stock corrected from 2,613 ₹ high, showing susceptibility to profit booking.
📈 Company Positive News
- Quarterly PAT growth (+32% sequentially) reflects improving earnings momentum.
- EPS remains stable, supporting long-term valuation despite volatility.
🏭 Industry
- Conglomerate sector with diversified exposure, but valuations remain stretched.
- Industry P/E at 95.6 suggests sector is richly valued; Adani Enterprises trades at a similar premium.
🔎 Conclusion
- Adani Enterprises shows strong earnings growth but weak technical momentum and high valuation risks.
- Technically, the stock is consolidating near support with oversold RSI, suggesting possible short-term rebound.
- Entry near 1,900–1,950 ₹ is favorable for short-term traders, with exit near 2,200–2,300 ₹.
- Short-term outlook: cautious trading; long-term outlook requires improvement in ROCE/ROE and debt management.