is a leading diversified player in specialty oils, conductors, and cables, serving power, renewables, automotive, and industrial sectors. It benefits from India’s power infra push, EV adoption, and rising global demand for conductors and specialty oils.
Key Financials:
EPS: ₹219 | P/E: 35.2 | P/B: 6.9
ROE: >25% | ROCE: >30%
Low leverage with strong balance sheet.
Growth visibility remains strong with exports, renewables, and auto cables driving momentum. Risks include commodity volatility and premium valuations, but Apar remains a structural compounder in the energy transition theme.
Technicals
Swing Low: ₹4308 | High: ₹9905
38.2% Retracement: ₹7767 – major support
CMP: ₹7732 (near reversal zone)
200 EMA: ₹7908 – breakout level
RSI: 29 – oversold, reversal likely
Weekly Supertrend: Bullish
Trade Setup:
Buy above ₹7925 for momentum.
Target 1: ₹9800
Target 2: ₹11,750
Stop Loss: ₹6400
Conclusion
Apar Industries offers a blend of strong fundamentals and favorable technicals. With oversold conditions and strategic positioning in energy and infra themes, it is attractive for medium to long-term accumulation above ₹7925.
Disclosure & Disclaimer:
I, the author, and my immediate family have no financial interest in the securities mentioned. I am a SEBI Registered Research Analyst. This report is for informational purposes only and not investment advice. Stock market investments involve risks; please consult your advisor before investing.