APLAPOLLO - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | APLAPOLLO | Market Cap | 52,894 Cr. | Current Price | 1,905 ₹ | High / Low | 2,301 ₹ |
| Stock P/E | 107 | Book Value | 114 ₹ | Dividend Yield | 0.30 % | ROCE | 14.7 % |
| ROE | 10.7 % | Face Value | 2.00 ₹ | DMA 50 | 2,022 ₹ | DMA 200 | 1,890 ₹ |
| Chg in FII Hold | 4.40 % | Chg in DII Hold | -3.86 % | PAT Qtr | 120 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 39.0 | MACD | -14.6 | Volume | 7,59,568 | Avg Vol 1Wk | 6,38,632 |
| Low price | 1,492 ₹ | High price | 2,301 ₹ | PEG Ratio | -7.91 | Debt to equity | 0.25 |
| 52w Index | 51.0 % | Qtr Profit Var | 38.7 % | EPS | 17.8 ₹ | Industry PE | 22.1 |
📈 Chart Patterns & Trend: APLAPOLLO is trading below its 50 DMA (₹2,022) and slightly above 200 DMA (₹1,890), showing weakness in short-term momentum. RSI at 39.0 indicates oversold conditions, while MACD at -14.6 confirms bearish divergence. Bollinger Bands suggest volatility contraction, pointing to consolidation near lower levels. Price action remains closer to support zones than highs, signaling caution.
🔑 Momentum Signals: RSI below 40 signals oversold territory but not yet reversal strength. MACD negative confirms bearish bias. Volume (7.6L) is above average (6.3L), showing distribution pressure. Trendlines highlight support near ₹1,850 and resistance near ₹2,020.
🎯 Entry Zone: ₹1,850 – ₹1,880 (support levels)
💰 Exit Zone: ₹2,020 – ₹2,080 (resistance levels)
📊 Status: Consolidating with bearish bias; reversal possible only if RSI recovers above 45 and price sustains above 50 DMA.
Positive
- Quarterly PAT growth (+38.7%) shows earnings resilience
- EPS at ₹17.8 reflects profitability
- FII holdings increased (+4.40%), showing foreign investor confidence
- Stock trading above 200 DMA, providing long-term support
Limitation
- Extremely high P/E (107) vs industry average (22.1)
- Weak ROE (10.7%) and ROCE (14.7%)
- Negative PEG ratio (-7.91), indicating poor growth-adjusted valuation
- Stock trading below 50 DMA with weak RSI and MACD
Company Negative News
- DII holdings decreased (-3.86%)
- Valuation concerns due to stretched multiples
Company Positive News
- Quarterly profit improved (₹120 Cr vs ₹106 Cr)
- Strong foreign investor inflows
Industry
- Industry PE at 22.1 highlights sector stability
- Peers trading at lower multiples, making APLAPOLLO appear overvalued
Conclusion
⚠️ APLAPOLLO is consolidating with bearish technical momentum. Despite quarterly profit growth and strong FII inflows, valuations remain stretched and ROE/ROCE are modest. Best suited for cautious entries near ₹1,850–₹1,880 with profit-taking around ₹2,020–₹2,080. Sustained recovery requires RSI improvement and price crossing above 50 DMA.
Would you like me to add a peer benchmarking overlay (APL Apollo vs Tata Steel, JSW Steel, and Jindal Steel) so you can see how its valuation and momentum compare within the metals sector?