📈Technical Analysis
Crucial Resistance Zone: Since 2017 listing at ₹250–255, this level has repeatedly acted as major resistance throughout 2024–25.
Recent Pullback: After reaching ₹248 recently, stock remains locked under this key zone.
Breakout Prerequisite: For a genuine bullish move, the ₹250–255 resistance must be cleared with strong volume and retested successfully as support, confirmed by bullish candlestick patterns.
No Breakout = No Rally: Unless the zone flips to support, further gains are unlikely and a correction may occur.
💰Q4 FY24 Key Financial Highlights (vs Q3 FY24 & Q4 FY23)
Crucial Resistance Zone: Since 2017 listing at ₹250–255, this level has repeatedly acted as major resistance throughout 2024–25.
Recent Pullback: After reaching ₹248 recently, stock remains locked under this key zone.
Breakout Prerequisite: For a genuine bullish move, the ₹250–255 resistance must be cleared with strong volume and retested successfully as support, confirmed by bullish candlestick patterns.
No Breakout = No Rally: Unless the zone flips to support, further gains are unlikely and a correction may occur.
💰Q4 FY24 Key Financial Highlights (vs Q3 FY24 & Q4 FY23)
- Total Income: ₹12,214 Cr (vs ₹9,381 Cr; ₹10,780 Cr)
- Total Expenses: ₹8,419 Cr (vs ₹5,876 Cr; ₹7,182 Cr)
- Total Operating Profits: ₹3,795 Cr (vs ₹3,505 Cr; ₹3,598 Cr)
- Profit Before Tax: ₹1,361 Cr (vs ₹1,030 Cr; ₹1,606 Cr)
- Profit After Tax: ₹886 Cr (vs ₹724 Cr; ₹1,288 Cr)
- Diluted Normalized EPS: ₹3.32 (vs ₹2.72; ₹4.79)
📌Q4 FY24 delivered healthy sequential growth, though YoY profit dipped — a result of higher expenses and one-off gains in the base quarter.
🔍Fundamental InsightsRevenue Growth: Consolidated income rose ~13–14% YoY to ₹12,214 Cr
Profit Adjusted: FY24 PAT (excluding one-offs) increased ~6% YoY to ₹865–886 Cr .
Lending Portfolio: Combined NBFC + HFC loans grew ~27% YoY to ₹1.57 L Cr
AUM & Premiums Up: Total AUM ₹5.11 L Cr (+17% YoY) and life/health premiums ₹25,579 Cr (+22% YoY)
Distribution Expansion: 1,623+ branches; digital platforms (ABCD, Udyog Plus) gaining traction
Fundraising Plans: Board approved NCD issuance up to ₹1.65 L Cr → expands financial flexibility
📌Conclusion
Aditya Birla Capital shows solid sequential performance, strong loan book and AUM growth, and expanding distribution reach. Technically, everything hinges on the ₹250–255 zone:
✅Breakout & Retest with volume → bullish scenario
⚠️Failure to hold → likely consolidation or pullback
Watching closely!
Disclaimer:lnkd.in/gJJDnvn2
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.