ANANDRATHI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | ANANDRATHI | Market Cap | 29,901 Cr. | Current Price | 3,602 ₹ | High / Low | 3,735 ₹ |
| Stock P/E | 76.4 | Book Value | 123 ₹ | Dividend Yield | 0.36 % | ROCE | 57.5 % |
| ROE | 45.3 % | Face Value | 5.00 ₹ | DMA 50 | 3,317 ₹ | DMA 200 | 2,939 ₹ |
| Chg in FII Hold | -0.88 % | Chg in DII Hold | -0.35 % | PAT Qtr | 102 Cr. | PAT Prev Qtr | 99.8 Cr. |
| RSI | 68.4 | MACD | 115 | Volume | 2,12,806 | Avg Vol 1Wk | 2,03,742 |
| Low price | 1,637 ₹ | High price | 3,735 ₹ | PEG Ratio | 2.35 | Debt to equity | 0.08 |
| 52w Index | 93.6 % | Qtr Profit Var | 41.1 % | EPS | 47.2 ₹ | Industry PE | 54.5 |
📈 Chart Patterns & Moving Averages
ANANDRATHI is trading at ₹3,602, above both its 50 DMA (₹3,317) and 200 DMA (₹2,939). This indicates strong bullish momentum. Support lies near ₹3,300–3,350, while resistance is seen at ₹3,700–3,735.
📊 RSI & MACD
RSI at 68.4 reflects strong bullish momentum, close to overbought territory. MACD at 115 is positive, confirming bullish crossover strength and trend continuation.
📉 Bollinger Bands
Price is near the upper band, showing bullish bias with potential volatility. Sustained movement above ₹3,700 could trigger a breakout, while a dip below ₹3,300 may invite selling pressure.
🔎 Volume Trends
Current volume (2,12,806) is slightly above the 1-week average (2,03,742), indicating healthy participation and confirming momentum strength.
⚡ Momentum Signals
Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹3,350–3,400. Exit zone: ₹3,700–3,735 if resistance breaks, with stop-loss below ₹3,300.
📌 Trend Status
The stock is trending upward with strong bullish signals and high momentum.
✅ Positive
- Exceptional ROCE (57.5%) and ROE (45.3%) highlight superior capital efficiency.
- EPS at ₹47.2 supports strong earnings visibility.
- Stock trading well above DMA levels confirms bullish momentum.
- Quarterly PAT growth (₹102 Cr vs ₹99.8 Cr) shows consistent profitability.
⚠️ Limitation
- High P/E (76.4) compared to industry average (54.5) suggests overvaluation.
- PEG ratio (2.35) indicates expensive growth prospects.
- RSI near 70 signals risk of short-term correction.
❌ Company Negative News
- FII holdings decreased (-0.88%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.35%), reflecting cautious domestic sentiment.
🌟 Company Positive News
- Quarterly profit variation at 41.1% highlights strong earnings momentum.
- Healthy trading volumes confirm investor interest.
🏭 Industry
- Industry P/E at 54.5 indicates sector is moderately valued.
- ANANDRATHI trades at a premium, reflecting growth expectations but also risk of correction.
📌 Conclusion
ANANDRATHI is trending upward with strong fundamentals and bullish technical signals. Entry near ₹3,350–3,400 offers favorable risk-reward, while profit booking is advised around ₹3,700–3,735 unless breakout occurs above ₹3,750 with strong volume. Suitable for swing trades and medium-term investors, but caution is warranted due to high valuations and declining institutional holdings.
This version is tuned for swing trade analysis with momentum overlays. Would you like me to also prepare a multi-horizon view (intraday, swing, and investment) for ANANDRATHI so you can benchmark across timeframes?