APARINDS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

Technical Analysis Report

• Trend Status: Consolidating
• Moving Averages: Price (₹8,530) is slightly below 50 DMA (₹8,589) but above 200 DMA (₹8,157), indicating short-term weakness with long-term strength
• RSI (49.3): Neutral zone, no strong momentum signal
• MACD (153): Strong bullish crossover, suggesting upward momentum
• Bollinger Bands: Price near mid-band, indicating consolidation with breakout potential
• Volume: Slightly below average (3.2L vs 3.5L), showing moderate participation
• Support Zones: ₹8,400, ₹8,150
• Resistance Zones: ₹8,600, ₹8,800
• Entry Zone: ₹8,400–₹8,500 (near support)
• Exit Zone: ₹8,600–₹8,800 (near resistance)

Positive

• MACD indicates strong bullish momentum
• Price above 200 DMA supports long-term strength
• ROCE (33.3%) and ROE (19.8%) reflect excellent operational efficiency
• EPS of ₹232 and PEG ratio of 0.72 suggest strong earnings at reasonable valuation

Limitation

• Price below 50 DMA signals short-term weakness
• RSI near 50 lacks directional conviction
• Volume slightly below average, indicating reduced momentum

Company Negative News

• Quarterly PAT declined slightly from ₹258 Cr to ₹254 Cr

Company Positive News

• Quarterly profit variation of +42.8% shows strong year-over-year growth
• FII and DII holdings increased, indicating institutional confidence
• Stock has gained 56.6% from its 52-week low

Industry

• Industrial and electrical manufacturing sector benefits from infrastructure expansion and energy demand
• Industry P/E of 38.5 suggests APARINDS trades slightly below sector average

Conclusion

• APARINDS is in a consolidation phase with strong long-term indicators and short-term caution
• Entry near ₹8,400–₹8,500 offers a tactical opportunity
• Exit near ₹8,600–₹8,800 is ideal for short-term gains
• Investors should monitor RSI and volume for signs of breakout or reversal