INDUSTOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | INDUSTOWER | Market Cap | 1,08,151 Cr. | Current Price | 410 ₹ | High / Low | 482 ₹ |
| Stock P/E | 15.2 | Book Value | 150 ₹ | Dividend Yield | 0.00 % | ROCE | 19.4 % |
| ROE | 19.8 % | Face Value | 10.0 ₹ | DMA 50 | 426 ₹ | DMA 200 | 409 ₹ |
| Chg in FII Hold | -0.82 % | Chg in DII Hold | 0.73 % | PAT Qtr | 1,789 Cr. | PAT Prev Qtr | 1,774 Cr. |
| RSI | 42.9 | MACD | -7.08 | Volume | 44,88,871 | Avg Vol 1Wk | 72,22,817 |
| Low price | 313 ₹ | High price | 482 ₹ | PEG Ratio | 0.30 | Debt to equity | 0.53 |
| 52w Index | 57.6 % | Qtr Profit Var | 0.73 % | EPS | 27.0 ₹ | Industry PE | 16.9 |
📉 Indus Towers (INDUSTOWER) is trading below its 50 DMA (₹426) but slightly above the 200 DMA (₹409), showing short-term weakness but medium-term support. RSI at 42.9 indicates bearish momentum, while MACD at -7.08 confirms negative crossover. Bollinger Bands show price leaning toward the lower band, reflecting selling pressure. Current volume (44.8 lakh) is below average (72.2 lakh), highlighting reduced participation.
🔑 Short-term momentum signals: Bearish bias, with potential rebound only if price sustains above ₹415–₹420.
🎯 Entry Zone: ₹400–₹410 (support region)
🚪 Exit Zone: ₹430–₹440 (resistance region)
📊 Trend Status: Consolidating with bearish tilt
Positive
- EPS at ₹27.0 supports valuation strength
- Quarterly PAT growth (+0.73%) shows stability
- ROE (19.8%) and ROCE (19.4%) highlight efficiency
- DII holdings increased (+0.73%), showing domestic support
- PEG ratio at 0.30 indicates attractive growth valuation
Limitation
- Price trading below 50 DMA, showing short-term weakness
- RSI below 45 indicates bearish momentum
- MACD negative crossover confirms weakness
- Dividend yield at 0% offers no income cushion
- Volume below average, limiting breakout potential
Company Negative News
- Decline in foreign institutional holdings (-0.82%)
- Weak technical indicators with RSI and MACD both bearish
Company Positive News
- Quarterly PAT improved slightly (₹1,774 Cr. → ₹1,789 Cr.)
- DII inflows (+0.73%) support investor confidence
- Strong fundamentals with ROE and ROCE near 20%
Industry
- Industry PE at 16.9 highlights sector trading at fair multiples
- Telecom infrastructure sector benefiting from 5G rollout and data demand
Conclusion
⚖️ Indus Towers shows strong fundamentals with attractive PEG ratio and stable earnings, but technicals remain weak with price below 50 DMA, bearish RSI, and negative MACD. Entry near ₹400–₹410 offers tactical opportunity, with profit booking around ₹430–₹440. Trend remains consolidative with bearish tilt, requiring breakout above 50 DMA (₹426) for sustained upside momentum.
Would you like me to extend this into a telecom infrastructure sector overlay comparing Indus Towers against Bharti Airtel’s tower assets, Reliance Jio’s infrastructure, and GTL Infra to highlight relative strength and positioning?