APOLLOTYRE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | APOLLOTYRE | Market Cap | 25,378 Cr. | Current Price | 400 ₹ | High / Low | 540 ₹ |
| Stock P/E | 13.5 | Book Value | 187 ₹ | Dividend Yield | 1.25 % | ROCE | 15.6 % |
| ROE | 16.6 % | Face Value | 1.00 ₹ | DMA 50 | 415 ₹ | DMA 200 | 456 ₹ |
| Chg in FII Hold | -0.11 % | Chg in DII Hold | -0.33 % | PAT Qtr | 904 Cr. | PAT Prev Qtr | 468 Cr. |
| RSI | 49.2 | MACD | -10.0 | Volume | 27,89,333 | Avg Vol 1Wk | 26,25,308 |
| Low price | 365 ₹ | High price | 540 ₹ | PEG Ratio | 0.25 | Debt to equity | 0.23 |
| 52w Index | 19.7 % | Qtr Profit Var | 528 % | EPS | 29.2 ₹ | Industry PE | 21.8 |
📊 Chart Patterns: APOLLOTYRE is consolidating between ₹390–₹420, with resistance near 50 DMA (₹415) and support around ₹365. Trendlines suggest sideways movement after recent weakness.
📈 Moving Averages: Current price (₹400) is below both 50 DMA (₹415) and 200 DMA (₹456), confirming short-term and medium-term weakness.
📊 RSI: At 49.2, RSI indicates neutral momentum, leaning slightly bearish.
📉 MACD: Negative at -10.0, confirming bearish crossover and short-term weakness.
📊 Bollinger Bands: Price is near lower band, suggesting oversold conditions but no strong reversal yet.
📊 Volume Trends: Current volume (27,89,333) is slightly above 1-week average (26,25,308), showing stable participation but no strong accumulation.
🚀 Momentum Signals: Mild bearish bias, with potential rebound if price sustains above ₹415.
🎯 Entry Zone: ₹385–₹395 (near support levels).
🎯 Exit Zone: ₹415–₹430 (resistance zone and upper Bollinger band).
📌 Trend Status: Consolidating with bearish tilt.
Positive
- Quarterly PAT surged from ₹468 Cr. to ₹904 Cr. (+93%), showing strong earnings momentum.
- EPS at ₹29.2 supports valuation strength.
- PEG ratio at 0.25 indicates attractive growth valuation.
- Dividend yield of 1.25% adds shareholder value.
Limitation
- Price trading below both 50 DMA and 200 DMA reflects technical weakness.
- FII (-0.11%) and DII (-0.33%) holdings decreased, showing reduced institutional confidence.
- High volatility between ₹365–₹540 limits stability.
Company Negative News
- Institutional investors reducing stake signals cautious sentiment.
Company Positive News
- Quarterly profit variation (+528%) highlights strong operational turnaround.
- Stock trading near support levels offers accumulation opportunity.
Industry
- Industry PE at 21.8 is higher than APOLLOTYRE’s PE (13.5), suggesting undervaluation relative to peers.
- Automotive sector demand remains resilient with replacement and OEM growth drivers.
Conclusion
APOLLOTYRE is consolidating with bearish technical signals but strong earnings momentum. Entry near ₹385–₹395 offers favorable risk-reward, with exit targets around ₹415–₹430. Trend remains sideways with valuation support, but institutional selling and technical weakness require cautious accumulation.
This can be integrated into a automotive sector consolidation template with benchmarking overlays, so you can compare APOLLOTYRE against peers like MRF and CEAT for relative strength.