ASTRAL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.7
| Stock Code | ASTRAL | Market Cap | 41,095 Cr. | Current Price | 1,530 ₹ | High / Low | 1,769 ₹ |
| Stock P/E | 71.4 | Book Value | 141 ₹ | Dividend Yield | 0.25 % | ROCE | 22.3 % |
| ROE | 16.4 % | Face Value | 1.00 ₹ | DMA 50 | 1,578 ₹ | DMA 200 | 1,526 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | 1.73 % | PAT Qtr | 139 Cr. | PAT Prev Qtr | 150 Cr. |
| RSI | 41.5 | MACD | -15.4 | Volume | 3,39,780 | Avg Vol 1Wk | 5,69,278 |
| Low price | 1,240 ₹ | High price | 1,769 ₹ | PEG Ratio | 11.2 | Debt to equity | 0.03 |
| 52w Index | 54.8 % | Qtr Profit Var | 10.5 % | EPS | 21.0 ₹ | Industry PE | 22.4 |
📉 ASTRAL is trading at ₹1,530, below its 50 DMA (₹1,578) and near the 200 DMA (₹1,526), showing weakness. RSI at 41.5 indicates bearish momentum, while MACD at -15.4 confirms negative divergence. Bollinger Bands suggest price drifting toward the lower band. Current volume (3,39,780) is below the 1-week average (5,69,278), reflecting reduced participation and weak conviction.
🔑 Short-term momentum signals: Support lies near ₹1,240, resistance around ₹1,580–₹1,600. Entry zone is closer to ₹1,480–₹1,500 if support holds. Exit zone should be considered near ₹1,580–₹1,600 unless momentum strengthens. The stock is in a consolidation phase with bearish bias.
✅ Positive
- Low debt-to-equity ratio (0.03) ensures financial stability.
- EPS of ₹21.0 provides steady earnings visibility.
- ROCE at 22.3% and ROE at 16.4% reflect efficient capital use.
⚠️ Limitation
- High P/E of 71.4 vs industry average of 22.4 indicates overvaluation.
- PEG ratio of 11.2 suggests expensive growth prospects.
- Weak RSI and negative MACD limit bullish conviction.
📉 Company Negative News
- FII holdings declined (-0.71%), showing reduced foreign interest.
- Stock trading below 50 DMA signals short-term weakness.
📊 Company Positive News
- DII holdings increased (+1.73%), showing domestic support.
- Quarterly PAT grew 10.5% (₹139 Cr vs ₹150 Cr previous), indicating resilience.
🏭 Industry
- Industry P/E at 22.4 highlights valuation gap with peers.
- Building materials sector remains cyclical but supported by infrastructure demand.
📝 Conclusion
ASTRAL shows weak technical momentum with price below short-term averages and bearish indicators. Fundamentals remain steady, but valuations are stretched. Best suited for cautious monitoring with entry near support zones and strict stop-loss discipline.
Would you like me to extend this into a peer benchmarking module comparing ASTRAL against other building-material stocks, so you can overlay sector strength and relative valuations in your workflow?