ANANTRAJ - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | ANANTRAJ | Market Cap | 18,282 Cr. | Current Price | 508 ₹ | High / Low | 744 ₹ |
| Stock P/E | 61.3 | Book Value | 141 ₹ | Dividend Yield | 0.14 % | ROCE | 7.88 % |
| ROE | 6.81 % | Face Value | 2.00 ₹ | DMA 50 | 502 ₹ | DMA 200 | 534 ₹ |
| Chg in FII Hold | -0.26 % | Chg in DII Hold | -0.37 % | PAT Qtr | 76.9 Cr. | PAT Prev Qtr | 77.5 Cr. |
| RSI | 52.1 | MACD | 1.18 | Volume | 10,20,817 | Avg Vol 1Wk | 13,97,287 |
| Low price | 403 ₹ | High price | 744 ₹ | PEG Ratio | 1.50 | Debt to equity | 0.06 |
| 52w Index | 30.8 % | Qtr Profit Var | 18.2 % | EPS | 8.29 ₹ | Industry PE | 26.9 |
📊 Chart Patterns: ANANTRAJ is consolidating between ₹500–₹540, with resistance near 200 DMA (₹534) and support around 50 DMA (₹502). Trendlines suggest sideways movement after recent weakness.
📈 Moving Averages: Current price (₹508) is above 50 DMA (₹502) but below 200 DMA (₹534), showing short-term strength but medium-term resistance.
📊 RSI: At 52.1, RSI indicates neutral momentum, neither overbought nor oversold.
📉 MACD: Mildly positive at 1.18, suggesting weak bullish crossover with limited conviction.
📊 Bollinger Bands: Price is mid-band, with potential expansion toward ₹530–₹540.
📊 Volume Trends: Current volume (10,20,817) is below 1-week average (13,97,287), showing reduced participation and weak accumulation.
🚀 Momentum Signals: Mild bullish bias, but upside capped by resistance at ₹534–₹540.
🎯 Entry Zone: ₹500–₹510 (near 50 DMA support).
🎯 Exit Zone: ₹530–₹540 (resistance zone and upper Bollinger band).
📌 Trend Status: Consolidating with weak bullish bias.
Positive
- Price trading above 50 DMA confirms short-term support.
- PEG ratio at 1.50 indicates reasonable growth valuation.
- Low debt-to-equity ratio (0.06) ensures financial stability.
- EPS at ₹8.29 supports earnings visibility.
Limitation
- Stock trading below 200 DMA (₹534) reflects medium-term weakness.
- High P/E (61.3) compared to industry PE (26.9) suggests overvaluation.
- ROCE (7.88%) and ROE (6.81%) remain weak, showing inefficient capital use.
- Volume below average, limiting breakout potential.
Company Negative News
- FII holdings decreased (-0.26%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.37%), reflecting weaker domestic institutional support.
Company Positive News
- Quarterly profit variation (+18.2%) highlights earnings momentum.
- Stable PAT (₹76.9 Cr. vs ₹77.5 Cr.) reflects consistency despite valuation pressures.
Industry
- Industry PE at 26.9 reflects moderate sector valuation.
- Real estate and infrastructure sector benefiting from urbanization and demand expansion.
- ANANTRAJ trading at a premium compared to peers, reflecting growth expectations but also valuation risks.
Conclusion
ANANTRAJ is consolidating with mild bullish signals supported by RSI and MACD. Entry near ₹500–₹510 offers limited upside toward ₹530–₹540. Trend remains sideways with valuation concerns and weak capital efficiency, requiring cautious accumulation until volume participation improves and price clears 200 DMA resistance.
This can be extended into a real estate sector consolidation template with benchmarking overlays, so you can compare ANANTRAJ against peers like DLF and GODREJPROP for relative strength.