APOLLOTYRE - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.5
| Stock Code | APOLLOTYRE | Market Cap | 26,627 Cr. | Current Price | 419 ₹ | High / Low | 540 ₹ |
| Stock P/E | 23.9 | Book Value | 170 ₹ | Dividend Yield | 1.19 % | ROCE | 9.80 % |
| ROE | 6.28 % | Face Value | 1.00 ₹ | DMA 50 | 464 ₹ | DMA 200 | 480 ₹ |
| Chg in FII Hold | 0.36 % | Chg in DII Hold | -0.04 % | PAT Qtr | 468 Cr. | PAT Prev Qtr | 279 Cr. |
| RSI | 36.2 | MACD | -17.9 | Volume | 9,73,700 | Avg Vol 1Wk | 15,54,041 |
| Low price | 368 ₹ | High price | 540 ₹ | PEG Ratio | 0.63 | Debt to equity | 0.31 |
| 52w Index | 29.8 % | Qtr Profit Var | 274 % | EPS | 17.3 ₹ | Industry PE | 24.2 |
📊 APOLLOTYRE shows moderate fundamentals but weak technicals, making it a cautious candidate for swing trading. The RSI at 36.2 suggests oversold conditions, while MACD remains negative (-17.9), confirming bearish momentum. The stock is trading below both its 50 DMA (464 ₹) and 200 DMA (480 ₹), reflecting short-term weakness. Fundamentals are mixed: P/E (23.9) is in line with industry average (24.2), but ROCE (9.80%) and ROE (6.28%) are modest. PAT improved significantly (468 Cr vs. 279 Cr), and EPS stands at 17.3 ₹. Institutional activity is mixed, with FII holdings up (+0.36%) but DII holdings down (-0.04%).
💡 Optimal Entry Price: Around 415–420 ₹ (near support zone).
📈 Exit Strategy if Holding: Consider exiting near 460–465 ₹ (close to 50 DMA resistance) unless momentum strengthens further.
✅ Positive
- Reasonable P/E (23.9) compared to industry average (24.2).
- Dividend yield of 1.19% adds investor appeal.
- Quarterly PAT growth (468 Cr vs. 279 Cr) shows strong operational improvement.
- FII holdings increased (+0.36%), reflecting foreign investor confidence.
- PEG ratio of 0.63 suggests fair valuation relative to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA indicates bearish trend.
- Weak ROCE (9.80%) and ROE (6.28%) highlight limited efficiency.
- Volume lower than average, reducing short-term momentum.
- DII holdings decreased (-0.04%), showing reduced domestic institutional support.
📉 Company Negative News
- Decline in DII holdings (-0.04%) reflects reduced domestic institutional confidence.
📈 Company Positive News
- Strong quarterly PAT growth highlights operational resilience.
- FII confidence adds stability to outlook.
🏭 Industry
- Industry P/E at 24.2 is in line with APOLLOTYRE’s 23.9, suggesting fair valuation.
- Automobile and tyre sector remains cyclical, with demand linked to auto sales and infrastructure activity.
🔎 Conclusion
APOLLOTYRE is technically weak but shows improving profitability, making it a moderate swing trade candidate. Entry near 415–420 ₹ may offer a rebound opportunity, but exits should be considered around 460–465 ₹. Caution is advised due to weak efficiency metrics and short-term bearish trend.