Aether Industries Ltd
Stocks on the Move
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Reco. Price: Rs. 1045.00
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Reco. Date: March 12, 2026
Rating: Buy
BSE Code: 543534
NSE Symbol: AETHER
Stock Info
- Face Value (Rs) 10
- Equity Capital (Rs cr) 133.00
- Mkt Cap (Rs cr) 13,406.13
- 52w H/L (Rs) 1083.60 - 725.00
- Avg Daily Vol (BSE+NSE) 351,720
Shareholding Pattern
- (as on 31-Dec) %
- Promoter 74.98
- FIIs 5.81
- DIIs 11.09
- Public & Others 8.12
Price Performance
- Return (%) 1m 3m 12m
- Absolute 2.98 15.78 8.36
- Sensex -8.75 -9.38 3.73
Data Source: Ace equity, stockaxis Research
Momentum Rebuild Above Key Averages
A significant breakout accompanied by strong bullish candles signals a shift in the market trend from sideways to upward. The price is currently above the 21 EMA and 50 EMA, indicating robust short-term momentum. The 50 EMA is positioned above the 200 EMA support zone, reflecting a medium-term bullish trend. The recent pullback found support near the 50 EMA and rebounded, confirming its role as support. The stock is creating a Higher High – Higher Low pattern. The RSI has cooled from overbought levels and has bounced back above 50. This indicates a resurgence in buying momentum following a period of consolidation. The breakout phase displayed a marked increase in volume, confirming the involvement of institutional investors.
Hence, we recommend buying the stock at cmp while any dip around 1000 can be utilized to average with a stop loss below Rs.940 for target of Rs.1225.