⚠ 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.
AFFLE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | AFFLE | Market Cap | 22,579 Cr. | Current Price | 1,605 ₹ | High / Low | 2,187 ₹ |
| Stock P/E | 177 | Book Value | 139 ₹ | Dividend Yield | 0.00 % | ROCE | 8.64 % |
| ROE | 6.39 % | Face Value | 2.00 ₹ | DMA 50 | 1,705 ₹ | DMA 200 | 1,759 ₹ |
| Chg in FII Hold | -1.23 % | Chg in DII Hold | 1.68 % | PAT Qtr | 36.7 Cr. | PAT Prev Qtr | 30.0 Cr. |
| RSI | 39.0 | MACD | -50.2 | Volume | 8,43,291 | Avg Vol 1Wk | 3,58,726 |
| Low price | 1,221 ₹ | High price | 2,187 ₹ | PEG Ratio | 6.60 | Debt to equity | 0.00 |
| 52w Index | 39.8 % | Qtr Profit Var | 25.4 % | EPS | 9.05 ₹ | Industry PE | 25.7 |
📈 Technical Analysis
- Chart Patterns: Price (1,605 ₹) is below both 50 DMA (1,705 ₹) and 200 DMA (1,759 ₹), showing weakness.
- Moving Averages: Downward bias as stock trades under key averages.
- RSI: At 39.0, approaching oversold territory, potential rebound signal.
- MACD: Negative (-50.2), bearish crossover persists.
- Bollinger Bands: Price near lower band, support seen around 1,580–1,600 ₹.
- Volume Trends: Current volume (8.43L) is higher than 1-week average (3.58L), showing increased activity despite weakness.
🎯 Momentum & Trade Zones
- Support Levels: 1,580–1,600 ₹ (near Bollinger lower band), 1,221 ₹ (recent low).
- Resistance Levels: 1,705 ₹ (50 DMA), 1,759 ₹ (200 DMA), 1,800 ₹ (psychological barrier).
- Entry Zone: 1,580–1,610 ₹ (accumulation near support).
- Exit Zone: 1,700–1,750 ₹ (near resistance cluster).
- Trend: Consolidating with bearish bias; reversal possible if price sustains above 1,705 ₹.
✅ Positive
- Quarterly PAT growth (36.7 Cr. vs 30.0 Cr.) shows improving profitability.
- DII holdings increased (+1.68%), showing domestic institutional confidence.
- Debt-to-equity ratio at 0.00, indicating no leverage risk.
- 52-week index return of 39.8% shows strong long-term performance.
⚠️ Limitation
- Extremely high P/E (177) compared to industry average (25.7) suggests overvaluation.
- Low ROCE (8.64%) and ROE (6.39%) reflect weak efficiency.
- Dividend yield is 0.00%, no income support for investors.
- PEG ratio (6.60) indicates expensive growth prospects.
📉 Company Negative News
- FII holdings decreased (-1.23%), showing reduced foreign investor confidence.
- Stock trading below both 50 DMA and 200 DMA, reflecting technical weakness.
📊 Company Positive News
- Quarterly profit variance at 25.4% highlights earnings momentum.
- EPS growth (9.05 ₹) supports valuation expansion if sustained.
🏭 Industry
- Industry P/E at 25.7, much lower than company’s 177, suggesting sector peers may be more attractively priced.
- Digital advertising and technology sector growth remains strong, driven by mobile and online demand.
📝 Conclusion
- AFFLE is consolidating with bearish bias but showing signs of potential rebound (RSI near oversold).
- Optimal entry near 1,580–1,610 ₹ with exit around 1,700–1,750 ₹.
- Strong revenue growth but high valuation and weak efficiency metrics limit upside.
- Medium-term investors should wait for breakout above 1,705 ₹ to confirm trend reversal.