APLAPOLLO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | APLAPOLLO | Market Cap | 55,794 Cr. | Current Price | 2,010 ₹ | High / Low | 2,301 ₹ |
| Stock P/E | 113 | Book Value | 114 ₹ | Dividend Yield | 0.29 % | ROCE | 14.7 % |
| ROE | 10.7 % | Face Value | 2.00 ₹ | DMA 50 | 2,059 ₹ | DMA 200 | 1,856 ₹ |
| Chg in FII Hold | -0.60 % | Chg in DII Hold | 0.99 % | PAT Qtr | 120 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 42.4 | MACD | -43.6 | Volume | 6,06,768 | Avg Vol 1Wk | 8,32,610 |
| Low price | 1,367 ₹ | High price | 2,301 ₹ | PEG Ratio | -8.34 | Debt to equity | 0.25 |
| 52w Index | 68.8 % | Qtr Profit Var | 38.7 % | EPS | 17.8 ₹ | Industry PE | 18.1 |
📉 Chart & Trend: Current price (2,010 ₹) is below 50 DMA (2,059 ₹) but above 200 DMA (1,856 ₹), showing short-term weakness but long-term support intact.
📊 RSI: At 42.4, RSI is neutral, leaning slightly bearish with limited buying strength.
📉 MACD: Negative (-43.6), indicating bearish crossover and weak short-term momentum.
📈 Bollinger Bands: Price is near the mid-band, suggesting consolidation without strong breakout signals.
📉 Volume: Current volume (6,06,768) is below 1-week average (8,32,610), showing reduced participation and lack of accumulation.
📍 Support Levels: 1,950 ₹ (near-term), 1,850 ₹ (major support), 1,367 ₹ (long-term support).
📍 Resistance Levels: 2,060 ₹ (near-term), 2,150 ₹ (major resistance), 2,301 ₹ (52-week high).
🔎 Momentum Signal: Weak short-term momentum with bearish bias.
📌 Trend Status: Consolidating with potential reversal if support breaks.
Positive
- Quarterly profit growth (PAT up from 106 Cr. to 120 Cr., +38.7%).
- DII holding increased (+0.99%), reflecting strong domestic institutional support.
- Low debt-to-equity ratio (0.25) ensures financial stability.
Limitation
- Extremely high P/E (113) compared to industry average (18.1), indicating overvaluation.
- Dividend yield is modest (0.29%), offering limited income support.
- PEG ratio (-8.34) suggests poor valuation relative to growth.
- Stock trading below 50 DMA, showing short-term weakness.
Company Negative News
- FII holding reduced (-0.60%), showing declining foreign investor confidence.
- Weak ROE (10.7%) and ROCE (14.7%) compared to peers.
Company Positive News
- Quarterly profit growth signals operational improvement.
- EPS of 17.8 ₹ reflects earnings consistency despite valuation concerns.
Industry
- Industry P/E at 18.1 is much lower than company valuation, highlighting premium pricing risk.
- Steel and construction sector demand remains strong, supporting long-term growth potential.
Conclusion
⚠️ APLAPOLLO is consolidating with weak short-term signals (negative MACD, neutral RSI, low volume). Entry is favorable near 1,950–2,000 ₹ with strict stop-loss at 1,850 ₹. Exit zones lie around 2,060–2,150 ₹, with breakout potential toward 2,301 ₹ if momentum strengthens. Fundamentals show profit growth and low debt, but extreme valuation and weak efficiency ratios raise caution. Traders should wait for confirmation signals; long-term investors may accumulate gradually on dips with strict risk management.