ANANDRATHI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | ANANDRATHI | Market Cap | 25,392 Cr. | Current Price | 3,061 ₹ | High / Low | 3,324 ₹ |
| Stock P/E | 70.2 | Book Value | 100 ₹ | Dividend Yield | 0.34 % | ROCE | 54.0 % |
| ROE | 42.7 % | Face Value | 5.00 ₹ | DMA 50 | 3,048 ₹ | DMA 200 | 2,795 ₹ |
| Chg in FII Hold | 1.10 % | Chg in DII Hold | 0.72 % | PAT Qtr | 99.8 Cr. | PAT Prev Qtr | 97.2 Cr. |
| RSI | 49.0 | MACD | 15.6 | Volume | 1,12,883 | Avg Vol 1Wk | 1,76,760 |
| Low price | 1,600 ₹ | High price | 3,324 ₹ | PEG Ratio | 2.13 | Debt to equity | 0.10 |
| 52w Index | 84.8 % | Qtr Profit Var | 31.8 % | EPS | 43.6 ₹ | Industry PE | 45.4 |
📊 Chart & Trend: Current price (3,061 ₹) is trading slightly above 50 DMA (3,048 ₹) and well above 200 DMA (2,795 ₹), reflecting a bullish undertone. Support lies near 3,000 ₹, resistance at 3,300–3,324 ₹ (recent high).
📉 Momentum Indicators: RSI at 49.0 indicates neutral momentum, not overbought or oversold. MACD at 15.6 confirms bullish bias. Bollinger Bands show price near the mid-to-upper band, suggesting consolidation with upward bias.
📈 Volume Trends: Current volume (1.12 lakh) is below the 1-week average (1.76 lakh), showing reduced participation. Sustained breakout requires stronger volume confirmation.
🎯 Entry Zone: 3,000–3,050 ₹ (near 50 DMA support, favorable risk-reward).
🎯 Exit Zone: 3,300–3,320 ₹ (near recent high; profit booking advisable).
🔎 Trend Status: The stock is consolidating with bullish bias. Strong fundamentals and technicals support upward momentum, though volume weakness suggests caution.
Positive
- High ROCE (54.0%) and ROE (42.7%) reflect excellent capital efficiency.
- EPS at 43.6 ₹ highlights strong earnings base.
- FII holding increased (+1.10%) and DII holding (+0.72%), showing broad institutional confidence.
Limitation
- High P/E (70.2) compared to industry average (45.4) suggests steep overvaluation.
- PEG ratio at 2.13 indicates stretched valuation relative to growth.
- Volume participation is below average, limiting breakout strength.
Company Negative News
- High valuation multiples may limit near-term upside.
- Volume weakness reduces conviction in momentum trades.
Company Positive News
- Quarterly PAT growth (99.8 Cr vs 97.2 Cr) shows steady profitability.
- Quarterly profit variance (+31.8%) highlights strong operational performance.
- 52-week performance (84.8% index gain) reflects robust momentum.
Industry
- Industry PE at 45.4 suggests moderate sector valuation.
- Financial services sector benefits from rising demand for wealth management and brokerage services.
Conclusion
⚖️ ANANDRATHI is consolidating with bullish bias, trading above key moving averages. Entry near 3,000–3,050 ₹ offers tactical opportunity, with exit targets around 3,300–3,320 ₹. Strong fundamentals, high efficiency, and institutional support drive momentum, though valuations remain stretched. Best suited for momentum trades with strict stop-loss near 3,000 ₹.
Would you like me to extend this into a financial services sector basket overlay with peer benchmarking, so you can compare ANANDRATHI’s bullish setup against peers like Motilal Oswal, IIFL, and Geojit for rotation opportunities?