ASTRAL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | ASTRAL | Market Cap | 44,838 Cr. | Current Price | 1,669 ₹ | High / Low | 1,769 ₹ |
| Stock P/E | 77.9 | Book Value | 141 ₹ | Dividend Yield | 0.22 % | ROCE | 22.3 % |
| ROE | 16.4 % | Face Value | 1.00 ₹ | DMA 50 | 1,579 ₹ | DMA 200 | 1,510 ₹ |
| Chg in FII Hold | -1.40 % | Chg in DII Hold | 1.70 % | PAT Qtr | 139 Cr. | PAT Prev Qtr | 150 Cr. |
| RSI | 55.3 | MACD | 27.7 | Volume | 5,11,700 | Avg Vol 1Wk | 7,69,010 |
| Low price | 1,235 ₹ | High price | 1,769 ₹ | PEG Ratio | 12.2 | Debt to equity | 0.03 |
| 52w Index | 81.3 % | Qtr Profit Var | 10.5 % | EPS | 21.0 ₹ | Industry PE | 21.2 |
📈 Chart & Trend Analysis: ASTRAL is trading above both its 50 DMA (1,579 ₹) and 200 DMA (1,510 ₹), with the current price at 1,669 ₹. This indicates a strong bullish undertone supported by moving averages.
📊 Momentum Indicators: RSI at 55.3 shows neutral-to-positive momentum, not overbought yet. MACD at 27.7 confirms bullish crossover, signaling short-term strength.
📉 Bollinger Bands & Volume: Price is near the upper band, suggesting strong buying interest but also caution for potential pullback. Current volume (5,11,700) is below weekly average (7,69,010), showing reduced participation despite bullish signals.
🔑 Support & Resistance Zones:
- Support: 1,580 ₹ (50 DMA), 1,510 ₹ (200 DMA), 1,235 ₹ (major low)
- Resistance: 1,700–1,720 ₹ (recent highs), 1,769 ₹ (52-week high)
Optimal Entry: 1,580–1,620 ₹ (near DMA support)
Optimal Exit: 1,700–1,750 ₹ (resistance zone)
📌 Trend Status: The stock is trending upward with bullish bias, supported by moving averages and MACD confirmation.
Positive
- Strong ROCE (22.3%) and ROE (16.4%) indicate healthy returns.
- Low debt-to-equity ratio (0.03) ensures financial stability.
- Quarterly profit growth (+10.5%) shows improving earnings momentum.
Limitation
- High P/E (77.9) compared to industry average (21.2) suggests stretched valuation.
- PEG ratio of 12.2 indicates expensive growth relative to earnings.
- Volume participation is lower than average, limiting breakout strength.
Company Negative News
- FII holding decreased (-1.40%), showing reduced foreign investor confidence.
Company Positive News
- DII holding increased (+1.70%), reflecting strong domestic institutional support.
- Consistent EPS growth (21.0 ₹) with stable profitability.
Industry
- Industry PE at 21.2 highlights that ASTRAL trades at a premium, reflecting investor confidence in long-term growth.
- Sector outlook remains favorable with infrastructure and housing demand supporting growth.
Conclusion
🚀 ASTRAL is in a bullish trend, trading above key moving averages with positive MACD and neutral RSI. Fundamentals remain strong with low debt and improving profits, though valuations are stretched. Traders may consider entry near 1,580–1,620 ₹ with exits around 1,700–1,750 ₹. Momentum is positive, but cautious position sizing is advised due to high valuation and lower-than-average volume.
Would you like me to extend this into a peer benchmarking overlay comparing ASTRAL against other infrastructure/materials sector stocks (valuation, ROE/ROCE, momentum) so you can see relative strength before committing capital?