⚠ 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.
APLAPOLLO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.4
| Stock Code | APLAPOLLO | Market Cap | 57,729 Cr. | Current Price | 2,079 ₹ | High / Low | 2,151 ₹ |
| Stock P/E | 117 | Book Value | 114 ₹ | Dividend Yield | 0.28 % | ROCE | 14.7 % |
| ROE | 10.7 % | Face Value | 2.00 ₹ | DMA 50 | 1,889 ₹ | DMA 200 | 1,747 ₹ |
| Chg in FII Hold | -0.60 % | Chg in DII Hold | 0.99 % | PAT Qtr | 120 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 65.8 | MACD | 54.1 | Volume | 10,01,299 | Avg Vol 1Wk | 13,76,631 |
| Low price | 1,273 ₹ | High price | 2,151 ₹ | PEG Ratio | -8.63 | Debt to equity | 0.25 |
| 52w Index | 91.8 % | Qtr Profit Var | 38.7 % | EPS | 17.8 ₹ | Industry PE | 18.7 |
📊 Technical Analysis
- Chart Patterns: Price is trading above both 50 DMA (1,889 ₹) and 200 DMA (1,747 ₹), confirming strong bullish momentum.
- RSI (65.8): Approaching overbought zone, suggesting caution for new entries.
- MACD (54.1): Positive crossover indicates strong bullish momentum.
- Bollinger Bands: Price near upper band, showing strength but risk of short-term pullback.
- Volume Trends: Current volume (10.0L) is below 1-week average (13.7L), reflecting reduced participation despite price strength.
📈 Momentum & Signals
- Trend: Strong uptrend with mild consolidation.
- Support Zones: 1,890 ₹ (50 DMA), 1,750 ₹ (200 DMA), 1,273 ₹ (major support).
- Resistance Zones: 2,100 ₹ (near-term resistance), 2,151 ₹ (52-week high).
- Entry Zone: 2,000–2,050 ₹ for cautious accumulation.
- Exit Zone: 2,120–2,150 ₹ unless breakout above 2,151 ₹ occurs.
✅ Positive
- Strong quarterly PAT growth (120 Cr. vs 106 Cr., +38.7%).
- Stock trading above both 50 DMA and 200 DMA, confirming bullish structure.
- DII holding increased (+0.99%), showing strong domestic institutional support.
⚠️ Limitation
- Extremely high P/E (117) compared to industry average (18.7), suggesting overvaluation.
- Dividend yield is modest (0.28%), limiting income appeal.
- RSI near overbought zone signals caution for new entries.
📉 Company Negative News
- FII holding decreased (–0.60%), showing reduced foreign investor confidence.
- PEG ratio (–8.63) indicates weak earnings growth relative to valuation.
📈 Company Positive News
- Strong quarterly profit growth highlights operational efficiency.
- Stock remains close to 52-week high, confirming bullish momentum.
- EPS of 17.8 ₹ supports earnings visibility despite high valuation.
🏭 Industry
- Industry P/E at 18.7 is far below APL Apollo’s valuation, highlighting premium pricing.
- Steel and structural products sector benefits from infrastructure expansion and housing demand.
🔎 Conclusion
- Stock is in a strong uptrend with mild consolidation.
- RSI near overbought and reduced volumes suggest cautious accumulation.
- Best strategy: Buy near 2,000–2,050 ₹ with stop-loss below 1,890 ₹.
- Upside potential towards 2,120–2,151 ₹ if momentum sustains and breakout occurs.