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Rakesh Madhav CFA

30th Oct · SEBI-Registered Analyst

💰 ADITYA BIRLA CAPITAL LTD (ABCAPITAL) | ₹326.8 ▲ +5.1%

ABCAPITAL
Technical View: The stock has broken above ₹315–₹320 resistance with strong volumes (~28 mn shares). Sustains a clear higher-high, higher-low structure — signaling trend strength. Trading firmly above 14-EMA (₹307.7); momentum remains positive. RSI (14) ≈ 72.7, showing healthy bullish momentum — mildly overbought but not exhausted. Support: ₹310 – ₹305 | Resistance: ₹335 – ₹345 Bias: Bullish – Minor pullbacks could attract buyers near ₹310. Fundamental View: A diversified financial conglomerate spanning NBFC, Life & Health Insurance, AMC, and Wealth Management, offering stable multi-segment earnings. Loan-book and AUM growth remain robust; retail & SME lending driving profitability. Margin expansion from improved operating efficiency and shift toward higher-yield retail loans. Sector tailwinds — rising financialization of savings and a benign interest-rate outlook — support valuations. Analysts maintain positive stance with near-term targets ₹340 – ₹360 as steady earnings and value unlocking from subsidiaries continue. Summary: Aditya Birla Capital maintains strong momentum backed by healthy fundamentals. Sustaining above ₹310 keeps trend intact with potential to test ₹340 – ₹350 levels. Momentum traders can trail stops below ₹305, while investors may hold for steady compounding across its growing financial ecosystem.

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