ANANTRAJ - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ANANTRAJ | Market Cap | 17,522 Cr. | Current Price | 487 ₹ | High / Low | 744 ₹ |
| Stock P/E | 61.2 | Book Value | 106 ₹ | Dividend Yield | 0.15 % | ROCE | 6.71 % |
| ROE | 6.17 % | Face Value | 2.00 ₹ | DMA 50 | 495 ₹ | DMA 200 | 538 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | -0.37 % | PAT Qtr | 77.5 Cr. | PAT Prev Qtr | 74.2 Cr. |
| RSI | 49.5 | MACD | 3.72 | Volume | 13,15,549 | Avg Vol 1Wk | 48,64,698 |
| Low price | 403 ₹ | High price | 744 ₹ | PEG Ratio | 1.06 | Debt to equity | 0.11 |
| 52w Index | 24.6 % | Qtr Profit Var | 32.8 % | EPS | 8.24 ₹ | Industry PE | 27.0 |
📈 Chart Patterns & Moving Averages
ANANTRAJ is trading at ₹487, below both its 50 DMA (₹495) and 200 DMA (₹538). This indicates short-term and medium-term weakness. Support lies near ₹470–480, while resistance is seen at ₹500–520.
📊 RSI & MACD
RSI at 49.5 reflects neutral momentum, leaning slightly bearish. MACD at 3.72 is mildly positive, suggesting weak bullish crossover but lacking conviction.
📉 Bollinger Bands
Price is near the mid-band, showing consolidation. A breakout above ₹500 could trigger recovery, while a dip below ₹470 may invite further selling pressure.
🔎 Volume Trends
Current volume (13,15,549) is significantly below the 1-week average (48,64,698), indicating weak participation. Stronger volume is required to confirm breakout strength.
⚡ Momentum Signals
Short-term momentum is fragile with RSI neutral and MACD weakly positive. Entry zone: ₹470–480. Exit zone: ₹500–520 if resistance breaks, with stop-loss below ₹465.
📌 Trend Status
The stock is consolidating near support levels, awaiting stronger volume for breakout confirmation.
✅ Positive
- Low debt-to-equity ratio (0.11) indicates strong balance sheet stability.
- Quarterly PAT improved (₹77.5 Cr vs ₹74.2 Cr).
- EPS at ₹8.24 supports earnings visibility.
- PEG ratio at 1.06 suggests fair valuation relative to growth.
⚠️ Limitation
- High P/E (61.2) compared to industry average (27.0) signals overvaluation.
- Weak ROCE (6.71%) and ROE (6.17%) reflect poor capital efficiency.
- Trading below both 50 DMA and 200 DMA shows technical weakness.
- Volume participation is significantly below average, limiting breakout potential.
❌ Company Negative News
- FII holdings decreased (-0.26%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.37%), reflecting domestic caution.
🌟 Company Positive News
- Quarterly profit variation at 32.8% highlights earnings momentum.
- Stable PAT growth supports near-term visibility.
🏭 Industry
- Industry P/E at 27.0 indicates sector is moderately valued.
- ANANTRAJ trades at a steep premium, raising sustainability concerns.
📌 Conclusion
ANANTRAJ is consolidating near support levels with weak fundamentals and stretched valuations. Entry near ₹470–480 offers limited risk, while profit booking is advised around ₹500–520 unless breakout occurs above ₹525 with strong volume. Suitable only for cautious short-term trades with strict stop-loss discipline.
This version is tuned for short-term trading signals with valuation overlays. Would you like me to also prepare a multi-horizon view (intraday, swing, and investment) for ANANTRAJ so you can benchmark across timeframes?