⚠ 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.
AFCONS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | AFCONS | Market Cap | 12,284 Cr. | Current Price | 334 ₹ | High / Low | 499 ₹ |
| Stock P/E | 20.8 | Book Value | 134 ₹ | Dividend Yield | 0.76 % | ROCE | 22.5 % |
| ROE | 14.9 % | Face Value | 10.0 ₹ | DMA 50 | 376 ₹ | DMA 200 | 417 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 1.66 % | PAT Qtr | 112 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 24.1 | MACD | -14.5 | Volume | 4,63,408 | Avg Vol 1Wk | 5,91,069 |
| Low price | 319 ₹ | High price | 499 ₹ | PEG Ratio | 0.67 | Debt to equity | 0.73 |
| 52w Index | 8.36 % | Qtr Profit Var | -20.2 % | EPS | 16.0 ₹ | Industry PE | 16.9 |
📈 Technical Analysis
- Chart Patterns: Price (334 ₹) is below both 50 DMA (376 ₹) and 200 DMA (417 ₹), showing weakness.
- Moving Averages: Downward bias as stock trades under key averages.
- RSI: Oversold at 24.1, potential rebound signal.
- MACD: Negative (-14.5), bearish crossover persists.
- Bollinger Bands: Price near lower band, support seen around 325–330 ₹.
- Volume Trends: Current volume (4.63L) slightly below 1-week average (5.91L), moderate participation.
🎯 Momentum & Trade Zones
- Support Levels: 325–330 ₹ (near Bollinger lower band), 319 ₹ (recent low).
- Resistance Levels: 376 ₹ (50 DMA), 400 ₹ (psychological barrier), 417 ₹ (200 DMA).
- Entry Zone: 325–335 ₹ (accumulation near support).
- Exit Zone: 370–385 ₹ (near resistance cluster).
- Trend: Currently reversing from oversold conditions; short-term bounce possible if RSI recovery sustains.
✅ Positive
- Strong ROCE (22.5%) and ROE (14.9%) reflect efficient capital use.
- Reasonable P/E (20.8) compared to industry average (16.9).
- PEG ratio (0.67) indicates fair valuation relative to growth.
- DII holdings increased (+1.66%), showing domestic institutional confidence.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, reflecting technical weakness.
- Debt-to-equity ratio at 0.73, moderately leveraged.
- Dividend yield at 0.76% is modest, limited income support.
📉 Company Negative News
- Quarterly PAT declined (112 Cr. vs 136 Cr.), showing earnings pressure.
- Quarterly profit variance at -20.2% highlights weak performance.
📊 Company Positive News
- Stable EPS (16.0 ₹) supports valuation.
- Strong ROCE and ROE metrics indicate operational efficiency.
🏭 Industry
- Industry P/E at 16.9, slightly lower than company’s 20.8, suggesting sector peers may be more attractively priced.
- Infrastructure sector demand remains steady with government-led projects driving growth.
📝 Conclusion
- AFCONS is showing signs of reversal from oversold conditions (RSI 24.1).
- Optimal entry near 325–335 ₹ with exit around 370–385 ₹.
- Fundamentals remain strong, but recent earnings decline and leverage limit upside.
- Short-term bounce possible; medium-term investors should wait for breakout above 376 ₹ to confirm trend reversal.