⚠ 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.
APARINDS - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.0
| Stock Code | APARINDS | Market Cap | 32,763 Cr. | Current Price | 8,156 ₹ | High / Low | 9,905 ₹ |
| Stock P/E | 33.4 | Book Value | 1,153 ₹ | Dividend Yield | 0.61 % | ROCE | 33.3 % |
| ROE | 19.8 % | Face Value | 10.0 ₹ | DMA 50 | 8,129 ₹ | DMA 200 | 8,251 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | 0.56 % | PAT Qtr | 226 Cr. | PAT Prev Qtr | 254 Cr. |
| RSI | 55.1 | MACD | -212 | Volume | 43,555 | Avg Vol 1Wk | 1,08,747 |
| Low price | 4,270 ₹ | High price | 9,905 ₹ | PEG Ratio | 0.65 | Debt to equity | 0.14 |
| 52w Index | 69.0 % | Qtr Profit Var | 28.2 % | EPS | 240 ₹ | Industry PE | 23.7 |
📈 Technical Analysis
- Chart Patterns: Price (8,156 ₹) is near 50 DMA (8,129 ₹) and slightly below 200 DMA (8,251 ₹), showing consolidation.
- Moving Averages: Neutral bias as price hovers around both averages.
- RSI: At 55.1, neutral momentum, neither overbought nor oversold.
- MACD: Negative (-212), bearish crossover persists, but RSI suggests stability.
- Bollinger Bands: Price near mid-band, support seen around 8,100–8,150 ₹.
- Volume Trends: Current volume (43,555) is below 1-week average (1,08,747), showing weak participation.
🎯 Momentum & Trade Zones
- Support Levels: 8,100–8,150 ₹ (near Bollinger mid-band), 7,800 ₹ (psychological support), 4,270 ₹ (recent low).
- Resistance Levels: 8,251 ₹ (200 DMA), 8,500–8,600 ₹ (psychological barrier), 9,905 ₹ (recent high).
- Entry Zone: 8,100–8,200 ₹ (accumulation near support).
- Exit Zone: 8,400–8,600 ₹ (profit booking near resistance).
- Trend: Consolidating with mild bearish bias; reversal possible if price sustains above 8,251–8,500 ₹.
✅ Positive
- ROCE (33.3%) and ROE (19.8%) reflect strong efficiency.
- Debt-to-equity ratio at 0.14, low leverage.
- FII holdings increased (+0.11%) and DII holdings increased (+0.56%), showing institutional confidence.
- EPS at 240 ₹ supports valuation strength.
- PEG ratio (0.65) indicates attractive growth relative to valuation.
⚠️ Limitation
- Stock trading slightly below 200 DMA, reflecting long-term weakness.
- High P/E (33.4) compared to industry average (23.7), suggesting overvaluation.
- Volume participation is weak, reducing conviction in price moves.
📉 Company Negative News
- Quarterly PAT declined (226 Cr. vs 254 Cr.), showing profit contraction.
- MACD remains negative, reflecting weak momentum.
📊 Company Positive News
- Quarterly profit variance at 28.2% highlights earnings momentum despite sequential decline.
- Institutional holdings (FII +0.11%, DII +0.56%) show confidence.
- Strong EPS (240 ₹) supports valuation strength.
🏭 Industry
- Industry P/E at 23.7, lower than company’s 33.4, suggesting sector peers may be more attractively priced.
- Electrical and industrial manufacturing sector demand remains strong, driven by infrastructure and energy projects.
📝 Conclusion
- APARINDS is consolidating with mild bearish bias but supported by strong fundamentals and institutional inflows.
- Optimal entry near 8,100–8,200 ₹ with exit around 8,400–8,600 ₹.
- Strong ROCE, ROE, and PEG ratio make it attractive, but high valuation and weak technicals limit upside.
- Medium-term investors should wait for breakout above 8,251–8,500 ₹ to confirm reversal trend.