AKUMS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | AKUMS | Market Cap | 8,614 Cr. | Current Price | 547 ₹ | High / Low | 623 ₹ |
| Stock P/E | 67.9 | Book Value | 151 ₹ | Dividend Yield | 0.00 % | ROCE | 16.2 % |
| ROE | 13.2 % | Face Value | 2.00 ₹ | DMA 50 | 500 ₹ | DMA 200 | 492 ₹ |
| Chg in FII Hold | 0.24 % | Chg in DII Hold | -0.05 % | PAT Qtr | 31.0 Cr. | PAT Prev Qtr | 23.5 Cr. |
| RSI | 61.1 | MACD | 14.2 | Volume | 2,59,876 | Avg Vol 1Wk | 1,70,404 |
| Low price | 409 ₹ | High price | 623 ₹ | PEG Ratio | 1.98 | Debt to equity | 0.02 |
| 52w Index | 64.6 % | Qtr Profit Var | -24.7 % | EPS | 7.88 ₹ | Industry PE | 30.1 |
📈 Chart Patterns & Moving Averages
AKUMS is trading at ₹547, above both its 50 DMA (₹500) and 200 DMA (₹492). This indicates strong short-term bullishness and medium-term support. Key support lies near ₹530–540, while resistance is seen at ₹590–600.
📊 RSI & MACD
RSI at 61.1 suggests bullish momentum but nearing overbought territory. MACD at 14.2 is positive, confirming strong upward momentum.
📉 Bollinger Bands
Price is near the upper band, reflecting bullish bias with potential volatility. Sustained movement above ₹600 could trigger a breakout, while failure to hold above ₹530 may invite selling pressure.
🔎 Volume Trends
Current volume (2,59,876) is higher than the 1-week average (1,70,404), showing strong participation and confirming momentum strength.
⚡ Momentum Signals
Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹530–540. Exit zone: ₹590–600 if resistance breaks, with stop-loss below ₹525.
📌 Trend Status
The stock is trending upward with bullish bias, supported by strong volume and positive momentum indicators.
✅ Positive
- Debt-to-equity ratio at 0.02 indicates virtually debt-free balance sheet.
- PAT improved from ₹23.5 Cr. to ₹31.0 Cr.
- FII holdings increased (+0.24%), showing foreign investor interest.
- Strong MACD (14.2) confirms bullish momentum.
⚠️ Limitation
- High P/E ratio (67.9) compared to industry average (30.1), suggesting steep overvaluation.
- Quarterly profit variation (-24.7%) indicates inconsistency in earnings growth.
- RSI above 60 signals risk of short-term correction.
- DII holdings decreased (-0.05%), showing reduced domestic institutional interest.
❌ Company Negative News
- No major negative news reported, but earnings volatility and high valuation remain concerns.
🌟 Company Positive News
- PAT growth highlights earnings improvement.
- Stock trading well above DMA levels, showing strong momentum.
🏭 Industry
- Industry P/E at 30.1, much lower than company’s P/E, suggesting premium valuation.
- Sector outlook remains stable, but AKUMS trades at a steep premium to peers.
📌 Conclusion
AKUMS is a fair swing trade candidate with strong momentum and low debt. Entry near ₹530–540 offers better risk-reward, with exit around ₹590–600 unless a breakout above ₹610 occurs with strong volume support. High valuations and inconsistent earnings growth limit upside potential, making disciplined stop-loss management essential.
This version is tuned for swing trade analysis. Would you like me to also prepare an investment horizon view (2–3 years) with valuation overlays and partial exit guidance for AKUMS?