⚠ 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.
APOLLOTYRE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.7
| Stock Code | APOLLOTYRE | Market Cap | 30,653 Cr. | Current Price | 483 ₹ | High / Low | 540 ₹ |
| Stock P/E | 39.8 | Book Value | 170 ₹ | Dividend Yield | 1.04 % | ROCE | 9.80 % |
| ROE | 6.28 % | Face Value | 1.00 ₹ | DMA 50 | 506 ₹ | DMA 200 | 489 ₹ |
| Chg in FII Hold | 0.36 % | Chg in DII Hold | -0.04 % | PAT Qtr | 279 Cr. | PAT Prev Qtr | 223 Cr. |
| RSI | 39.1 | MACD | -4.41 | Volume | 1,31,114 | Avg Vol 1Wk | 6,40,011 |
| Low price | 368 ₹ | High price | 540 ₹ | PEG Ratio | 1.06 | Debt to equity | 0.31 |
| 52w Index | 66.5 % | Qtr Profit Var | 66.8 % | EPS | 12.2 ₹ | Industry PE | 28.3 |
📈 Technical Analysis
- Chart Patterns: Price (483 ₹) is below 50 DMA (506 ₹) but slightly above 200 DMA (489 ₹), showing mixed signals.
- Moving Averages: Short-term weakness but long-term support intact.
- RSI: At 39.1, approaching oversold territory, potential rebound signal.
- MACD: Negative (-4.41), bearish crossover persists.
- Bollinger Bands: Price near lower band, support seen around 480–490 ₹.
- Volume Trends: Current volume (1.31L) is far below 1-week average (6.40L), showing weak participation.
🎯 Momentum & Trade Zones
- Support Levels: 480–490 ₹ (near Bollinger lower band), 368 ₹ (recent low).
- Resistance Levels: 506 ₹ (50 DMA), 520–540 ₹ (psychological barrier and recent high).
- Entry Zone: 475–490 ₹ (accumulation near support).
- Exit Zone: 505–525 ₹ (profit booking near resistance).
- Trend: Consolidating with bearish bias; reversal possible if price sustains above 506–520 ₹.
✅ Positive
- Dividend yield of 1.04% provides shareholder returns.
- EPS at 12.2 ₹ supports valuation strength.
- Quarterly PAT improved (279 Cr. vs 223 Cr.), showing earnings growth.
- FII holdings increased (+0.36%), reflecting foreign investor confidence.
- 52-week index return of 66.5% highlights strong long-term performance.
⚠️ Limitation
- Stock trading below 50 DMA, reflecting short-term weakness.
- High P/E (39.8) compared to industry average (28.3), suggesting overvaluation.
- ROE (6.28%) remains modest relative to valuation multiples.
- Volume participation is weak, reducing conviction in price moves.
📉 Company Negative News
- DII holdings decreased (-0.04%), showing reduced domestic institutional confidence.
- MACD remains negative, reflecting weak momentum.
📊 Company Positive News
- Quarterly PAT improved significantly (279 Cr. vs 223 Cr.).
- FII holdings increased (+0.36%), reflecting foreign support.
- Dividend yield of 1.04% provides consistent shareholder returns.
🏭 Industry
- Industry P/E at 28.3, lower than company’s 39.8, suggesting sector peers may be more attractively priced.
- Automobile and tyre sector demand remains steady, driven by replacement cycles and infrastructure growth.
📝 Conclusion
- APOLLOTYRE is consolidating with bearish bias but supported by strong fundamentals and earnings growth.
- Optimal entry near 475–490 ₹ with exit around 505–525 ₹.
- Strong long-term returns and dividend yield make it attractive, but high valuation and weak short-term technicals limit upside.
- Medium-term investors should wait for breakout above 506–520 ₹ to confirm reversal trend.