AWL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | AWL | Market Cap | 23,032 Cr. | Current Price | 177 ₹ | High / Low | 291 ₹ |
| Stock P/E | 25.9 | Book Value | 75.6 ₹ | Dividend Yield | 0.00 % | ROCE | 21.0 % |
| ROE | 13.8 % | Face Value | 1.00 ₹ | DMA 50 | 201 ₹ | DMA 200 | 240 ₹ |
| Chg in FII Hold | 7.04 % | Chg in DII Hold | 0.46 % | PAT Qtr | 278 Cr. | PAT Prev Qtr | 229 Cr. |
| RSI | 31.0 | MACD | -8.72 | Volume | 72,06,247 | Avg Vol 1Wk | 55,93,028 |
| Low price | 171 ₹ | High price | 291 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.09 |
| 52w Index | 5.05 % | Qtr Profit Var | -32.0 % | EPS | 6.70 ₹ | Industry PE | 22.0 |
📉 Chart & Trend: Current price (177 ₹) is below both 50 DMA (201 ₹) and 200 DMA (240 ₹), confirming a strong downtrend.
📊 RSI: At 31.0, RSI is oversold, suggesting weak buying strength but potential for a short-term bounce.
📉 MACD: Negative (-8.72), showing bearish crossover and weak momentum.
📈 Bollinger Bands: Price is near the lower band, indicating oversold conditions but no confirmed reversal yet.
📉 Volume: Current volume (72,06,247) is higher than 1-week average (55,93,028), showing increased participation but likely driven by selling pressure.
📍 Support Levels: 171 ₹ (near-term), 160 ₹ (major support), 150 ₹ (long-term support).
📍 Resistance Levels: 190 ₹ (near-term), 200 ₹ (major resistance), 240 ₹ (200 DMA resistance).
🔎 Momentum Signal: Weak short-term momentum, oversold but still bearish.
📌 Trend Status: Reversing downward with risk of further decline if support breaks.
Positive
- Strong ROCE (21.0%) and decent ROE (13.8%) indicate efficient capital use.
- Low debt-to-equity ratio (0.09) ensures financial stability.
- FII holding increased significantly (+7.04%), showing strong foreign investor confidence.
Limitation
- Stock trading well below both 50 DMA and 200 DMA, confirming bearish trend.
- No dividend yield (0.00%), offering no income support.
- 52-week index performance only 5.05%, showing weak relative strength.
Company Negative News
- Quarterly profit dropped from 229 Cr. to 278 Cr. but YoY variation shows -32.0% decline.
- EPS remains low at 6.70 ₹ despite market cap size.
Company Positive News
- Quarterly PAT improved sequentially from 229 Cr. to 278 Cr.
- DII holding increased (+0.46%), reflecting domestic institutional support.
Industry
- Industry P/E at 22.0 is lower than company’s P/E (25.9), suggesting moderate premium valuation.
- Sector remains cyclical but supported by consumption demand.
Conclusion
⚠️ AWL is in a bearish reversal, trading below key moving averages with negative MACD and oversold RSI. Entry is only favorable near strong support zones (171–177 ₹) with strict stop-loss at 160 ₹. Exit zones lie around 190–200 ₹ if momentum recovers. Fundamentals show efficiency and strong FII inflows, but weak earnings trend and lack of dividend support raise caution. Short-term traders should wait for confirmation signals before entry; long-term investors may accumulate gradually only if earnings stabilize.