⚠ 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.
ANANTRAJ - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ANANTRAJ | Market Cap | 20,079 Cr. | Current Price | 558 ₹ | High / Low | 744 ₹ |
| Stock P/E | 70.1 | Book Value | 106 ₹ | Dividend Yield | 0.14 % | ROCE | 6.71 % |
| ROE | 6.17 % | Face Value | 2.00 ₹ | DMA 50 | 552 ₹ | DMA 200 | 571 ₹ |
| Chg in FII Hold | 0.42 % | Chg in DII Hold | -0.62 % | PAT Qtr | 77.5 Cr. | PAT Prev Qtr | 74.2 Cr. |
| RSI | 48.6 | MACD | -15.3 | Volume | 3,87,93,042 | Avg Vol 1Wk | 1,01,34,746 |
| Low price | 366 ₹ | High price | 744 ₹ | PEG Ratio | 1.22 | Debt to equity | 0.11 |
| 52w Index | 50.8 % | Qtr Profit Var | 32.8 % | EPS | 8.24 ₹ | Industry PE | 30.2 |
📈 Technical Analysis
- Chart Patterns: Price (558 ₹) is slightly above 50 DMA (552 ₹) but below 200 DMA (571 ₹), showing mixed signals.
- Moving Averages: Short-term support intact, but long-term weakness persists.
- RSI: At 48.6, neutral momentum, neither overbought nor oversold.
- MACD: Negative (-15.3), bearish crossover continues.
- Bollinger Bands: Price near mid-band, support seen around 550–560 ₹.
- Volume Trends: Current volume (3.87 Cr.) is significantly higher than 1-week average (1.01 Cr.), showing strong participation.
🎯 Momentum & Trade Zones
- Support Levels: 550–560 ₹ (near Bollinger mid-band), 366 ₹ (recent low).
- Resistance Levels: 571 ₹ (200 DMA), 600 ₹ (psychological barrier), 744 ₹ (recent high).
- Entry Zone: 550–565 ₹ (accumulation near support).
- Exit Zone: 580–600 ₹ (profit booking near resistance).
- Trend: Consolidating with mild bearish bias; reversal possible if price sustains above 571–600 ₹.
✅ Positive
- ROCE (6.71%) and ROE (6.17%) reflect moderate efficiency.
- Debt-to-equity ratio at 0.11, low leverage.
- FII holdings increased (+0.42%), showing foreign investor confidence.
- Quarterly PAT growth (77.5 Cr. vs 74.2 Cr.) highlights earnings stability.
- 52-week index return of 50.8% shows strong long-term performance.
⚠️ Limitation
- High P/E (70.1) compared to industry average (30.2), suggesting overvaluation.
- Dividend yield at 0.14% provides limited income support.
- ROCE and ROE are modest compared to valuation multiples.
📉 Company Negative News
- DII holdings decreased (-0.62%), showing reduced domestic institutional confidence.
- MACD remains negative, reflecting weak momentum.
📊 Company Positive News
- Quarterly profit variance at 32.8% highlights earnings momentum.
- FII holdings increased (+0.42%), reflecting foreign support.
- EPS at 8.24 ₹ supports valuation strength.
🏭 Industry
- Industry P/E at 30.2, much lower than company’s 70.1, suggesting sector peers may be more attractively priced.
- Real estate and infrastructure sector demand remains steady, driven by urban development and housing growth.
📝 Conclusion
- ANANTRAJ is consolidating with mild bearish bias but supported by strong volume activity.
- Optimal entry near 550–565 ₹ with exit around 580–600 ₹.
- Strong long-term returns and improving profits, but high valuation and modest efficiency limit upside potential.
- Medium-term investors should wait for breakout above 571–600 ₹ to confirm reversal trend.