ACMESOLAR - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.1
| Stock Code | ACMESOLAR | Market Cap | 15,890 Cr. | Current Price | 262 ₹ | High / Low | 324 ₹ |
| Stock P/E | 306 | Book Value | 76.2 ₹ | Dividend Yield | 0.08 % | ROCE | 7.63 % |
| ROE | 5.18 % | Face Value | 2.00 ₹ | DMA 50 | 234 ₹ | DMA 200 | 243 ₹ |
| Chg in FII Hold | -1.54 % | Chg in DII Hold | 0.48 % | PAT Qtr | 31.7 Cr. | PAT Prev Qtr | 29.4 Cr. |
| RSI | 66.9 | MACD | 6.53 | Volume | 85,86,621 | Avg Vol 1Wk | 54,96,216 |
| Low price | 173 ₹ | High price | 324 ₹ | PEG Ratio | 5.55 | Debt to equity | 0.64 |
| 52w Index | 58.9 % | Qtr Profit Var | 2,394 % | EPS | 0.88 ₹ | Industry PE | 31.7 |
📊 ACMESOLAR shows strong trading momentum with RSI at 66.9 and MACD positive (6.53), supported by high trading volumes. However, fundamentals are stretched: extremely high P/E (306 vs. industry 31.7), low ROCE (7.63%) and ROE (5.18%), and a modest dividend yield (0.08%). While quarterly profit improved slightly, the valuation and weak efficiency metrics make this a speculative swing trade candidate rather than a fundamentally strong one.
💡 Optimal Entry Price: Around 240–250 ₹ (near DMA 200 support).
🚪 Exit Strategy (if already holding): Consider exiting near 310–320 ₹ resistance zone unless strong breakout occurs.
✅ Positive
- Strong trading momentum with RSI above 65 and MACD positive.
- Quarterly profit improved (31.7 Cr. vs. 29.4 Cr.).
- High trading volume (85 lakh+) indicates strong market activity.
- DII holdings increased (+0.48%), showing domestic institutional support.
⚠️ Limitation
- Extremely high P/E (306) compared to industry average (31.7).
- Low ROCE (7.63%) and ROE (5.18%), showing weak efficiency.
- Dividend yield is negligible (0.08%).
- Debt-to-equity ratio at 0.64, higher than peers.
📉 Company Negative News
- FII holdings decreased (-1.54%), showing reduced foreign investor confidence.
- EPS remains very low (0.88 ₹), limiting valuation support.
📈 Company Positive News
- Quarterly profit growth (+2,394% variation) indicates turnaround momentum.
- Stock trading above both DMA 50 (234 ₹) and DMA 200 (243 ₹), showing bullish trend.
🏭 Industry
- Industry P/E is 31.7, far below ACMESOLAR’s, highlighting overvaluation.
- Renewable energy sector has strong long-term growth prospects, attracting investor interest.
🔎 Conclusion
ACMESOLAR is a momentum-driven stock with speculative appeal. Fundamentals are weak, but technicals support short-term upside. Entry near 240–250 ₹ offers a safer swing trade setup. If already holding, consider exiting near 310–320 ₹ to lock in gains before valuation risks weigh on performance.