AGARWALEYE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | AGARWALEYE | Market Cap | 15,209 Cr. | Current Price | 480 ₹ | High / Low | 568 ₹ |
| Stock P/E | 353 | Book Value | 62.9 ₹ | Dividend Yield | 0.00 % | ROCE | 5.58 % |
| ROE | 2.19 % | Face Value | 1.00 ₹ | DMA 50 | 453 ₹ | DMA 200 | 455 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.05 % | PAT Qtr | 12.6 Cr. | PAT Prev Qtr | 14.6 Cr. |
| RSI | 65.3 | MACD | 9.19 | Volume | 46,631 | Avg Vol 1Wk | 2,05,084 |
| Low price | 327 ₹ | High price | 568 ₹ | PEG Ratio | -38.1 | Debt to equity | 0.34 |
| 52w Index | 63.3 % | Qtr Profit Var | -56.7 % | EPS | 1.25 ₹ | Industry PE | 47.0 |
📈 Chart & Trend Analysis: AGARWALEYE is trading at ₹480, slightly above its 50 DMA (₹453) and 200 DMA (₹455), showing short-term strength but weak medium-term conviction. RSI at 65.3 indicates near-overbought conditions. MACD at 9.19 reflects mild positive divergence. Bollinger Bands place price near the upper band, suggesting volatility with resistance around ₹490–₹500.
🔎 Momentum Signals: Current volume (46K) is far below the 1-week average (2.05L), showing weak participation. Short-term momentum favors upside, but low volume limits breakout strength.
🎯 Entry Zone: ₹470–₹475 (support near DMA cluster)
🚪 Exit Zone: ₹490–₹500 (resistance zone)
🛑 Stop-Loss: ₹460 (below support)
📊 Trend Status: Consolidating with mild bullish undertones; reversal risk if price fails to sustain above ₹480–₹490.
Positive
- Trading above both 50 DMA and 200 DMA confirms short-term bullish bias.
- MACD positive (9.19) supports momentum continuation.
- DII holdings increased (+0.05%), reflecting domestic institutional support.
- 52w Index at 63.3% shows strong recovery from lows.
Limitation
- Extremely high P/E (353) compared to industry PE (47.0) signals severe overvaluation.
- Quarterly PAT dropped (₹14.6 Cr → ₹12.6 Cr), showing earnings weakness.
- ROE (2.19%) and ROCE (5.58%) are weak efficiency metrics.
- PEG ratio (-38.1) reflects poor growth-adjusted valuation.
- Volume significantly below average reduces conviction in breakout potential.
Company Negative News
- Quarterly profit variation (-56.7%) highlights earnings pressure.
- Decline in FII holdings (-0.12%) signals reduced foreign investor confidence.
Company Positive News
- DII inflows (+0.05%) show domestic support.
- Stock trading above DMA levels indicates short-term strength.
Industry
- Industry PE at 47.0 is far lower than AGARWALEYE’s 353, highlighting valuation risk.
- Healthcare/eyewear sector remains resilient but faces cyclical demand and margin pressures.
Conclusion
⚖️ AGARWALEYE is consolidating with mild bullish undertones, supported by DMA levels but constrained by stretched valuations and weak fundamentals. Entry near ₹470–₹475 offers cautious accumulation, with exits around ₹490–₹500. Strict stop-loss management near ₹460 is essential given low volume and earnings pressure.
Would you like me to expand this into an eyewear sector overlay comparing peers like Titan Eye+ and Lenskart, or keep it focused as a single AGARWALEYE swing trade report?