ASAHIINDIA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.9
| Stock Code | ASAHIINDIA | Market Cap | 21,591 Cr. | Current Price | 846 ₹ | High / Low | 1,074 ₹ |
| Stock P/E | 64.5 | Book Value | 158 ₹ | Dividend Yield | 0.24 % | ROCE | 11.4 % |
| ROE | 9.89 % | Face Value | 1.00 ₹ | DMA 50 | 868 ₹ | DMA 200 | 874 ₹ |
| Chg in FII Hold | -0.03 % | Chg in DII Hold | 0.10 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 108 Cr. |
| RSI | 42.6 | MACD | 3.32 | Volume | 1,02,209 | Avg Vol 1Wk | 62,339 |
| Low price | 688 ₹ | High price | 1,074 ₹ | PEG Ratio | -24.2 | Debt to equity | 0.52 |
| 52w Index | 41.0 % | Qtr Profit Var | 37.6 % | EPS | 12.9 ₹ | Industry PE | 28.0 |
ASAHIINDIA shows weak fundamentals for swing trading. The stock trades at a high P/E of 64.5 compared to the industry average of 28.0, indicating overvaluation. ROCE (11.4%) and ROE (9.89%) are modest, while debt-to-equity at 0.52 adds leverage risk. EPS is low at 12.9 ₹, and dividend yield is negligible at 0.24%. Quarterly profit improved (126 Cr. vs 108 Cr.), but PEG ratio is negative (-24.2), signaling poor earnings growth. Technically, RSI at 42.6 suggests the stock is near oversold territory, while MACD is slightly positive (3.32), showing mild momentum. The stock trades near DMA 50 (868 ₹) and DMA 200 (874 ₹), indicating consolidation with limited upside potential.
💡 Optimal Entry Price: Around 820–830 ₹, closer to support levels.
📈 Exit Strategy: If already holding, consider exiting near 860–880 ₹ or on weakness if RSI drops below 40.
✅ Positive
- 📊 Quarterly profit growth (126 Cr. vs 108 Cr.).
- 💰 Low dividend yield (0.24%) still provides minimal shareholder return.
- 🌍 Increase in DII holding (+0.10%).
- 📈 Trading near DMA levels, showing stability.
⚠️ Limitation
- 📉 Very high P/E ratio (64.5) vs industry average (28.0).
- 📊 Weak ROCE (11.4%) and ROE (9.89%).
- 📉 Negative PEG ratio (-24.2) signals poor growth prospects.
- 📉 Decline in FII holding (-0.03%).
- 📊 Debt-to-equity ratio of 0.52 adds financial risk.
📰 Company Negative News
- ⚠️ Valuation concerns due to high P/E and negative PEG ratio.
- 📉 Efficiency metrics remain weak despite profit growth.
🌟 Company Positive News
- 🚀 Quarterly profit growth of 37.6% QoQ.
- 📊 EPS remains stable despite modest fundamentals.
- 🌍 Increase in DII holdings shows domestic investor confidence.
🏭 Industry
- 📈 Industry P/E at 28.0, much lower than company’s 64.5, highlighting premium valuation.
- 🌍 Glass manufacturing industry outlook remains cyclical with moderate demand drivers.
📌 Conclusion
ASAHIINDIA is a weak candidate for swing trading due to stretched valuations, modest efficiency metrics, and negative PEG ratio. Entry is safer around 820–830 ₹ near support. If already holding, exit near 860–880 ₹ to secure gains. Short-term traders should remain cautious as momentum is limited and fundamentals do not support sustained upside.