Inventory to purchase: Indian brokerage agency Anand Rathi Funding Companies disclosed its bullish stance on Apollo Micro Methods shares, predicting a 25% upside within the upcoming three-month interval.
Within the inventory report, Anand Rathi analysts highlighted that the shares of the Aerospace and Defence tools maker had undergone a ‘important correction’ after peaking close to the ₹221 ranges. In addition they said that the inventory is now shifting “inside its Ichimoku cloud,” aligning with the earlier breakout zone.
“The inventory is shifting inside its Ichimoku cloud, aligning with the earlier breakout zone, whereas the 100-day Exponential Shifting Common (DEMA) additionally corresponds carefully to this space. Fibonacci retracement ranges between 38.2% and 50% additional point out potential assist, suggesting a base formation close to the 165-175 vary,” mentioned the analysts at Anand Rathi.
On the technical entrance, the shares’ Relative Power Index (RSI) is hovering over the 40 assist mark, which possible signifies a possible stabilisation.
“Moreover, the day by day Relative Power Index (RSI) is across the essential 40 assist mark, signalling potential stabilisation,” they mentioned.
Inventory to Purchase
Apollo Micro Methods Ltd (APOLLO): Purchase within the vary of ₹165-175; Goal Worth at ₹210; Cease Loss at ₹150 (on a day by day closing foundation).
“Given this technical setup, traders would possibly take into account shopping for or accumulating shares throughout the 165-175 zone. The upside goal is projected at 210, whereas a stop-loss beneath 150 on a day by day closing foundation is really useful to handle danger. This outlook highlights key assist and resistance ranges that merchants ought to monitor carefully earlier than making funding choices,” really useful Jigar Patel, Senior Supervisor of Fairness Analysis at Anand Rathi Share and Inventory Brokers, within the inventory report.
Apollo Micro Methods Share Worth Pattern
Apollo Micro Methods shares closed 0.29% greater at ₹172.30 after Friday’s inventory market session, in comparison with ₹171.80 on the earlier market shut. The brokerage agency launched its bullish stance on the corporate after market working hours final week, on 25 July 2025.
Shares of the Aerospace and Defence tools maker have given inventory market traders greater than 1,280% returns on their funding within the final 5 years and over 39% features within the final one-year interval.
On a year-to-date (YTD) foundation, the inventory has jumped 40.87% in 2025 however are at the moment buying and selling 4.7% decrease within the final 5 market classes on the Indian inventory market.
In keeping with information collected from the BSE web site, Apollo Micro Methods shares hit their 52-week excessive at ₹221.40 on 24 June 2025, whereas the 52-week low was at ₹88.10 on 23 October 2024. The shares are at the moment buying and selling beneath their year-high ranges.
The corporate’s market capitalisation (M-Cap) stood at ₹5,280.82 crore as of the inventory market shut on Friday, 27 July 2025.
Learn all tales by Anubhav Mukherjee
Disclaimer: This story is for academic functions solely. The views and suggestions made above are these of particular person analysts or broking firms, and never of Mint. We advise traders to test with licensed consultants earlier than making any funding choices.
