⚠ 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.
ADANIPORTS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | ADANIPORTS | Market Cap | 3,23,268 Cr. | Current Price | 1,403 ₹ | High / Low | 1,549 ₹ |
| Stock P/E | 157 | Book Value | 138 ₹ | Dividend Yield | 0.51 % | ROCE | 8.85 % |
| ROE | 9.73 % | Face Value | 2.00 ₹ | DMA 50 | 1,439 ₹ | DMA 200 | 1,402 ₹ |
| Chg in FII Hold | -0.51 % | Chg in DII Hold | -1.14 % | PAT Qtr | 449 Cr. | PAT Prev Qtr | 505 Cr. |
| RSI | 38.7 | MACD | -26.7 | Volume | 20,95,370 | Avg Vol 1Wk | 33,08,514 |
| Low price | 1,036 ₹ | High price | 1,549 ₹ | PEG Ratio | 2.27 | Debt to equity | 1.92 |
| 52w Index | 71.5 % | Qtr Profit Var | -21.4 % | EPS | 9.55 ₹ | Industry PE | 23.2 |
📈 Technical Chart Analysis
- Moving Averages: Current price (1,403 ₹) is below 50 DMA (1,439 ₹) and almost equal to 200 DMA (1,402 ₹), showing consolidation with slight bearish bias.
- RSI: At 38.7, the stock is approaching oversold territory, suggesting potential rebound.
- MACD: Negative (-26.7), confirming 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 (20,95,370) is lower than 1-week average (33,08,514), showing reduced participation and weak conviction.
📊 Momentum & Trend Signals
- Short-term Momentum: Bearish bias due to negative MACD and weak volume.
- Support Zone: 1,360–1,380 ₹ (near recent lows and psychological support).
- Resistance Zone: 1,440–1,500 ₹ (near 50 DMA and psychological round level).
- Optimal Entry: Around 1,370–1,390 ₹ if RSI remains oversold and support holds.
- Optimal Exit: 1,480–1,500 ₹ if price rebounds to moving averages.
- Trend Status: Currently consolidating with bearish undertone; reversal possible if RSI triggers bounce and volume improves.
✅ Positive
- Strong 52-week performance (+71.5%) shows resilience despite recent correction.
- Dividend yield of 0.51% provides some passive income.
- EPS at 9.55 ₹ indicates profitability despite valuation concerns.
⚠️ Limitation
- Extremely high P/E (157) compared to industry average (23.2), suggesting overvaluation.
- Weak ROCE (8.85%) and ROE (9.73%) highlight modest capital efficiency.
- Debt-to-equity ratio of 1.92 is high, adding financial risk.
- Volume participation is weak compared to average, reducing conviction in price moves.
📉 Company Negative News
- Decline in FII holding (-0.51%) and DII holding (-1.14%) indicates reduced institutional confidence.
- Quarterly profit variation (-21.4%) shows earnings pressure.
- PAT dropped from 505 Cr. to 449 Cr., reflecting weaker profitability.
📈 Company Positive News
- Strong long-term price momentum with 52-week index gain of 71.5%.
- Dividend yield (0.51%) adds investor confidence.
🏭 Industry
- Port and logistics sector benefits from rising trade and infrastructure growth.
- Industry P/E at 23.2 suggests sector is moderately valued; Adani Ports trades at a steep premium.
🔎 Conclusion
- Adani Ports shows strong long-term momentum but weak technical signals in the short term.
- Technically, the stock is consolidating near support with oversold RSI, suggesting possible rebound.
- Entry near 1,370–1,390 ₹ is favorable for short-term traders, with exit near 1,480–1,500 ₹.
- Short-term outlook: cautious trading; long-term outlook requires improvement in ROCE/ROE and debt management.