APARINDS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.3
| Stock Code | APARINDS | Market Cap | 49,532 Cr. | Current Price | 12,331 ₹ | High / Low | 12,850 ₹ |
| Stock P/E | 50.4 | Book Value | 1,153 ₹ | Dividend Yield | 0.41 % | ROCE | 33.3 % |
| ROE | 19.8 % | Face Value | 10.0 ₹ | DMA 50 | 10,567 ₹ | DMA 200 | 9,233 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.95 % | PAT Qtr | 226 Cr. | PAT Prev Qtr | 254 Cr. |
| RSI | 67.1 | MACD | 575 | Volume | 2,10,792 | Avg Vol 1Wk | 1,66,870 |
| Low price | 5,300 ₹ | High price | 12,850 ₹ | PEG Ratio | 0.98 | Debt to equity | 0.14 |
| 52w Index | 93.1 % | Qtr Profit Var | 28.2 % | EPS | 240 ₹ | Industry PE | 29.8 |
📈 Chart Patterns & Moving Averages
APARINDS is trading at ₹12,331, well above its 50 DMA (₹10,567) and 200 DMA (₹9,233). This indicates strong bullish momentum. Support lies near ₹12,000–12,100, while resistance is seen at ₹12,800–12,850.
📊 RSI & MACD
RSI at 67.1 reflects strong bullish momentum, close to overbought territory. MACD at 575 is strongly positive, confirming robust bullish crossover strength.
📉 Bollinger Bands
Price is near the upper band, showing bullish bias with potential volatility. Sustained movement above ₹12,850 could trigger a breakout, while a dip below ₹12,000 may invite profit booking.
🔎 Volume Trends
Current volume (2,10,792) is above the 1-week average (1,66,870), indicating strong participation and confirming momentum strength.
⚡ Momentum Signals
Short-term momentum is bullish with RSI and MACD aligned positively. Entry zone: ₹12,000–12,100. Exit zone: ₹12,800–12,850 if resistance breaks, with stop-loss below ₹11,900.
📌 Trend Status
The stock is trending upward with strong bullish signals and sector support.
✅ Positive
- Strong ROCE (33.3%) and ROE (19.8%) highlight excellent capital efficiency.
- EPS at ₹240 supports robust earnings visibility.
- Debt-to-equity ratio at 0.14 indicates low leverage.
- DII holdings increased (+0.95%), showing domestic institutional confidence.
⚠️ Limitation
- High P/E (50.4) compared to industry average (29.8) suggests overvaluation.
- Quarterly PAT declined (₹226 Cr vs ₹254 Cr), showing earnings pressure.
- RSI near 70 signals risk of short-term correction.
❌ Company Negative News
- Quarterly profit variation (-11%) reflects earnings slowdown.
- FII holdings increased only marginally (+0.03%), showing limited foreign interest.
🌟 Company Positive News
- Strong fundamentals with high ROE and ROCE.
- PEG ratio at 0.98 suggests fair valuation relative to growth.
- Stock trading near 52-week high confirms strong momentum.
🏭 Industry
- Industry P/E at 29.8 is lower than APARINDS’ P/E, indicating premium valuation.
- Sector outlook remains positive with strong demand in power and infrastructure.
📌 Conclusion
APARINDS is trending upward with strong fundamentals and bullish technical signals. Entry near ₹12,000–12,100 offers favorable risk-reward, while profit booking is advised around ₹12,800–12,850 unless breakout occurs above ₹12,850 with strong volume. Suitable for swing trades and medium-term investors, but caution is warranted due to high valuations and recent profit decline.
This version is tuned for swing trade analysis with valuation overlays. Would you like me to also prepare a long-term investment horizon (3–5 years) view for APARINDS with partial exit guidance?