ADANIPORTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | ADANIPORTS | Market Cap | 3,81,835 Cr. | Current Price | 1,657 ₹ | High / Low | 1,677 ₹ |
| Stock P/E | 199 | Book Value | 268 ₹ | Dividend Yield | 0.42 % | ROCE | 8.19 % |
| ROE | 4.16 % | Face Value | 2.00 ₹ | DMA 50 | 1,497 ₹ | DMA 200 | 1,440 ₹ |
| Chg in FII Hold | 0.15 % | Chg in DII Hold | -0.03 % | PAT Qtr | 278 Cr. | PAT Prev Qtr | 477 Cr. |
| RSI | 71.8 | MACD | 60.0 | Volume | 66,21,997 | Avg Vol 1Wk | 39,71,852 |
| Low price | 1,243 ₹ | High price | 1,677 ₹ | PEG Ratio | -10.7 | Debt to equity | 0.78 |
| 52w Index | 95.5 % | Qtr Profit Var | -65.1 % | EPS | 7.78 ₹ | Industry PE | 24.6 |
📈 Chart Patterns & Trend: ADANIPORTS is trading well above both 50 DMA (₹1,497) and 200 DMA (₹1,440), confirming strong momentum. RSI at 71.8 indicates overbought conditions, while MACD at 60.0 confirms bullish divergence. Bollinger Bands suggest volatility expansion with price near its 52-week high (₹1,677), signaling stretched momentum. Price action remains closer to highs, reflecting strength but also risk of pullback.
🔑 Momentum Signals: RSI above 70 signals overbought territory. MACD positive supports bullish bias. Volume (66.2L) is significantly above average (39.7L), confirming accumulation. Trendlines highlight support near ₹1,600–₹1,620 and resistance near ₹1,670–₹1,680.
🎯 Entry Zone: ₹1,600 – ₹1,620 (support levels)
💰 Exit Zone: ₹1,670 – ₹1,680 (resistance levels)
📊 Status: Trending upward but overbought; consolidation or pullback likely unless earnings stabilize.
Positive
- Stock trading above both 50 DMA and 200 DMA
- Strong volume activity supports momentum
- Large market cap (₹3,81,835 Cr) provides stability
- FII holdings increased (+0.15%)
Limitation
- Extremely high P/E (199) vs industry average (24.6)
- Weak ROE (4.16%) and ROCE (8.19%)
- PEG ratio at -10.7 indicates poor growth-adjusted valuation
- Dividend yield modest at 0.42%
- Quarterly PAT declined sharply (-65.1%)
Company Negative News
- DII holdings decreased (-0.03%)
- Profit contraction raises concerns
Company Positive News
- Stock trading near 95% of 52-week range
- Strong liquidity and institutional presence
Industry
- Industry PE at 24.6 highlights sector stability
- ADANIPORTS trading at a steep premium compared to peers
Conclusion
⚠️ ADANIPORTS is trending upward with strong technical momentum supported by volumes and MACD. However, valuations are extremely stretched and profitability has weakened. Best suited for tactical trades near ₹1,600–₹1,620 with profit-taking around ₹1,670–₹1,680. Long-term investors should be cautious given overvaluation and declining earnings.
Would you like me to add a peer benchmarking overlay (Adani Ports vs Container Corp, GAIL, and Shipping Corp) so you can see relative valuation and momentum gaps within the logistics sector?