INDUSTOWER - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:54 pm

Technical Rating: 4.1

📊 Chart Patterns: INDUSTOWER is trading above both its 50 DMA (392 ₹) and 200 DMA (374 ₹), showing strong bullish momentum. Price action indicates an uptrend with resistance near 430 ₹ and support around 400 ₹.

📈 Moving Averages: Current price (414 ₹) is comfortably above both 50 DMA and 200 DMA, confirming medium-term strength.

📉 RSI: At 56.6, RSI is in neutral-to-bullish territory, suggesting healthy momentum without being overbought.

📈 MACD: Positive (5.10) indicates bullish crossover, supporting upward momentum.

📊 Bollinger Bands: Price is near the upper band, signaling strength but caution for potential pullback.

📊 Volume Trends: Current volume (48.1 lakh) is lower than 1-week average (59.8 lakh), showing reduced participation but still supportive of the uptrend.

📌 Momentum Signals: Strong short-term momentum; breakout possible if price sustains above 420 ₹.

🎯 Entry Zone: 405–415 ₹ (near support and DMA levels).

🎯 Exit Zone: 425–435 ₹ (near resistance and recent highs).

🔎 Trend Status: Trending upward with bullish bias.

Positive

• Strong ROCE (29.0%) and ROE (32.4%) highlight efficiency.
• EPS of 35.4 ₹ supports valuation strength.
• PEG ratio of 0.72 indicates attractive valuation relative to growth.
• Stock has delivered 86.3% returns over 52 weeks, reflecting strong investor confidence.

Limitation

• Dividend yield is 0.00%, reducing income appeal.
• Quarterly profit variation (-17.4%) shows earnings volatility.
• Volume participation is lower than average, limiting breakout strength.

Company Negative News

• Decline in FII holding (-1.30%) shows reduced foreign investor confidence.
• Quarterly profit decline despite strong fundamentals.

Company Positive News

• Quarterly PAT improved sequentially (₹1,837 Cr vs ₹1,734 Cr).
• DII holdings increased (+0.08%), showing domestic institutional support.
• Strong fundamentals with high ROE and ROCE.

Industry

• Industry PE at 18.0 is higher than INDUSTOWER’s P/E (11.7), suggesting undervaluation relative to peers.
• Telecom infrastructure sector remains critical with long-term growth potential driven by 5G expansion.

Conclusion

⚖️ INDUSTOWER is trending upward with strong technical signals, supported by MACD and RSI. Traders may consider entry around 405–415 ₹ with exit near 425–435 ₹. Long-term investors benefit from strong fundamentals, undervaluation relative to peers, and sector growth potential, though earnings volatility and reduced FII confidence remain concerns.