ASAHIINDIA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.1
| Stock Code | ASAHIINDIA | Market Cap | 21,427 Cr. | Current Price | 841 ₹ | High / Low | 1,074 ₹ |
| Stock P/E | 71.3 | Book Value | 149 ₹ | Dividend Yield | 0.24 % | ROCE | 12.0 % |
| ROE | 13.2 % | Face Value | 1.00 ₹ | DMA 50 | 915 ₹ | DMA 200 | 890 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.09 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 47.5 Cr. |
| RSI | 39.2 | MACD | -28.4 | Volume | 5,99,210 | Avg Vol 1Wk | 26,32,778 |
| Low price | 579 ₹ | High price | 1,074 ₹ | PEG Ratio | -475 | Debt to equity | 0.74 |
| 52w Index | 53.0 % | Qtr Profit Var | 28.5 % | EPS | 11.9 ₹ | Industry PE | 23.7 |
📊 ASAHIINDIA shows weak technicals and stretched valuations, making it a cautious candidate for swing trading. The RSI at 39.2 suggests oversold conditions, while MACD remains negative (-28.4), confirming bearish momentum. The stock is trading below both its 50 DMA (915 ₹) and 200 DMA (890 ₹), reflecting short-term weakness. Fundamentals are mixed: P/E (71.3) is far higher than industry average (23.7), while ROCE (12.0%) and ROE (13.2%) are modest. PAT improved significantly (108 Cr vs. 47.5 Cr), and EPS stands at 11.9 ₹. Institutional activity is neutral, with minor increases in FII (+0.01%) and DII (+0.09%). Debt-to-equity is relatively high at 0.74, adding leverage risk.
💡 Optimal Entry Price: Around 835–845 ₹ (near support zone).
📈 Exit Strategy if Holding: Consider exiting near 910–920 ₹ (close to 50 DMA resistance) unless momentum strengthens further.
✅ Positive
- Quarterly PAT growth (108 Cr vs. 47.5 Cr) shows strong operational improvement.
- EPS of 11.9 ₹ supports earnings visibility.
- Minor increases in FII (+0.01%) and DII (+0.09%) holdings reflect cautious institutional support.
⚠️ Limitation
- High P/E (71.3) compared to industry average (23.7).
- Negative PEG ratio (-475) suggests poor growth prospects.
- Debt-to-equity ratio at 0.74 indicates moderate leverage risk.
- Stock trading below both 50 DMA and 200 DMA confirms bearish trend.
- Volume lower than average, reducing short-term momentum.
📉 Company Negative News
- High valuation limits upside potential.
- Leverage risk with debt-to-equity at 0.74.
📈 Company Positive News
- Strong quarterly profit growth highlights operational resilience.
- Minor institutional support adds stability.
🏭 Industry
- Industry P/E at 23.7 is much lower than ASAHIINDIA’s 71.3, suggesting peers may be better valued.
- Glass and automotive sector remains cyclical, with demand linked to construction and auto sales.
🔎 Conclusion
ASAHIINDIA is technically weak and highly overvalued, making it a risky swing trade candidate. Entry near 835–845 ₹ may offer a rebound opportunity, but exits should be considered around 910–920 ₹. Extreme caution is advised due to stretched valuations and leverage risk, despite recent profit growth.