INDUSTOWER - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.1
| Stock Code | INDUSTOWER | Market Cap | 1,14,879 Cr. | Current Price | 436 ₹ | High / Low | 482 ₹ |
| Stock P/E | 16.1 | Book Value | 150 ₹ | Dividend Yield | 0.00 % | ROCE | 19.4 % |
| ROE | 19.8 % | Face Value | 10.0 ₹ | DMA 50 | 424 ₹ | DMA 200 | 411 ₹ |
| Chg in FII Hold | -0.82 % | Chg in DII Hold | 0.73 % | PAT Qtr | 1,789 Cr. | PAT Prev Qtr | 1,774 Cr. |
| RSI | 59.9 | MACD | 4.79 | Volume | 50,25,689 | Avg Vol 1Wk | 75,25,339 |
| Low price | 313 ₹ | High price | 482 ₹ | PEG Ratio | 0.32 | Debt to equity | 0.53 |
| 52w Index | 72.8 % | Qtr Profit Var | 0.73 % | EPS | 27.0 ₹ | Industry PE | 15.4 |
📈 INDUSTOWER is trading above both its 50 DMA (₹424) and 200 DMA (₹411), reflecting short-term and medium-term strength. RSI at 59.9 indicates bullish momentum, while MACD is positive (4.79), confirming bullish crossover. Bollinger Bands show price near the upper band, suggesting upside continuation. Current volume (50.2 lakh) is below average (75.2 lakh), showing reduced participation but still supportive of trend.
🔑 Short-term momentum signals: Bullish, with potential upside if price sustains above ₹440–₹450 zone.
🎯 Entry Zone: ₹425–₹435 (support region)
🚪 Exit Zone: ₹465–₹475 (resistance region)
📊 Trend Status: Trending upward with bullish bias
Positive
- Trading above both 50 DMA and 200 DMA
- RSI near 60 indicates strong momentum
- MACD positive, confirming bullish crossover
- Quarterly PAT stable at ₹1,789 Cr. vs ₹1,774 Cr.
- DII holdings increased (+0.73%), showing domestic institutional support
- EPS at ₹27.0 supports valuation strength
- PEG ratio at 0.32 highlights attractive growth valuation
- 52-week return of 72.8% demonstrates strong investor sentiment
Limitation
- Volume below average, limiting breakout strength
- Dividend yield at 0.00% offers no income cushion
- FII holdings decreased (-0.82%), showing reduced foreign confidence
- Debt-to-equity ratio at 0.53 indicates moderate leverage
- Quarterly profit variation only +0.73%, showing limited growth momentum
Company Negative News
- Decline in FII holdings (-0.82%)
- Flat quarterly profit growth
Company Positive News
- DII inflows (+0.73%) support investor confidence
- Strong technical support from DMA levels
- EPS and PEG ratio highlight attractive valuation
Industry
- Industry PE at 15.4 highlights sector trading at fair multiples
- Telecom infrastructure sector supported by 5G rollout and data demand
Conclusion
⚖️ INDUSTOWER shows strong technical momentum with RSI near 60 and positive MACD. Entry is favorable near ₹425–₹435 with profit booking around ₹465–₹475. Trend remains bullish, supported by sector tailwinds and valuation strength, though weak volume and flat profit growth limit near-term upside.
Would you like me to extend this into a telecom infrastructure overlay comparing INDUSTOWER against peers like Bharti Infratel, GTL Infra, and Reliance Jio Towers to highlight sector-relative positioning?