⚠ 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.
ATUL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | ATUL | Market Cap | 17,533 Cr. | Current Price | 5,955 ₹ | High / Low | 7,793 ₹ |
| Stock P/E | 33.9 | Book Value | 1,973 ₹ | Dividend Yield | 0.41 % | ROCE | 11.9 % |
| ROE | 8.64 % | Face Value | 10.0 ₹ | DMA 50 | 6,004 ₹ | DMA 200 | 6,264 ₹ |
| Chg in FII Hold | -0.86 % | Chg in DII Hold | 0.46 % | PAT Qtr | 121 Cr. | PAT Prev Qtr | 172 Cr. |
| RSI | 49.7 | MACD | 11.0 | Volume | 10,017 | Avg Vol 1Wk | 22,181 |
| Low price | 4,752 ₹ | High price | 7,793 ₹ | PEG Ratio | -4.18 | Debt to equity | 0.00 |
| 52w Index | 39.6 % | Qtr Profit Var | 30.8 % | EPS | 176 ₹ | Industry PE | 26.3 |
📈 Technical Analysis
- Chart Patterns: Price is trading below both 50 DMA (6,004 ₹) and 200 DMA (6,264 ₹), showing weakness.
- Moving Averages: Current price (5,955 ₹) is under both DMAs, indicating bearish bias.
- RSI: Neutral at 49.7, neither overbought nor oversold.
- MACD: Positive (11.0), suggesting mild bullish divergence despite weak price action.
- Bollinger Bands: Price is near the lower band, showing potential for rebound but trend remains weak.
- Volume Trends: Current volume (10,017) is well below 1-week average (22,181), indicating low participation.
📊 Momentum & Trend
- Short-term Momentum: Mixed — MACD positive but price below DMAs.
- Support Zone: 5,900 ₹ – 5,950 ₹ (near current levels).
- Resistance Zone: 6,000 ₹ – 6,050 ₹ (near 50 DMA).
- Trend: Consolidating with bearish bias.
- Optimal Entry: Around 5,900 ₹ – 5,950 ₹ if support holds.
- Optimal Exit: Around 6,000 ₹ – 6,050 ₹ unless breakout occurs.
✅ Positive
- Debt-free company (Debt-to-equity 0.00).
- Strong book value (1,973 ₹) compared to current price.
- EPS of 176 ₹, showing profitability despite recent decline.
⚠️ Limitation
- ROCE (11.9%) and ROE (8.64%) are modest compared to peers.
- High P/E (33.9) vs industry average (26.3), suggesting overvaluation.
- Quarterly PAT dropped from 172 Cr to 121 Cr, showing earnings pressure.
📉 Company Negative News
- FII holding decreased (-0.86%), showing reduced foreign investor confidence.
- Quarterly profit decline of 30.8% indicates operational challenges.
📈 Company Positive News
- DII holding increased (+0.46%), showing domestic institutional support.
- Stable dividend yield (0.41%) despite earnings pressure.
🏭 Industry
- Industry PE at 26.3, lower than company PE, suggesting valuation premium.
- Sector remains steady but company performance is lagging peers.
🔎 Conclusion
- Stock is consolidating with bearish bias.
- Entry near support (5,900 ₹ – 5,950 ₹) could be favorable for short-term rebound trades.
- Exit near resistance (6,000 ₹ – 6,050 ₹) unless breakout confirms reversal.
- Long-term investors should be cautious due to declining profits and stretched valuations.