ASHOKLEY - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.6
| Stock Code | ASHOKLEY | Market Cap | 92,043 Cr. | Current Price | 157 ₹ | High / Low | 215 ₹ |
| Stock P/E | 24.1 | Book Value | 22.3 ₹ | Dividend Yield | 2.23 % | ROCE | 39.0 % |
| ROE | 31.0 % | Face Value | 1.00 ₹ | DMA 50 | 159 ₹ | DMA 200 | 160 ₹ |
| Chg in FII Hold | 0.16 % | Chg in DII Hold | -0.67 % | PAT Qtr | 1,405 Cr. | PAT Prev Qtr | 1,026 Cr. |
| RSI | 52.5 | MACD | -0.87 | Volume | 1,69,48,035 | Avg Vol 1Wk | 2,90,37,983 |
| Low price | 115 ₹ | High price | 215 ₹ | PEG Ratio | 0.56 | Debt to equity | 0.09 |
| 52w Index | 41.6 % | Qtr Profit Var | 12.0 % | EPS | 6.07 ₹ | Industry PE | 33.7 |
ASHOKLEY shows strong fundamentals with attractive valuation. The stock trades at a P/E of 24.1 compared to the industry average of 33.7, suggesting undervaluation. ROCE (39.0%) and ROE (31.0%) are excellent, while debt-to-equity at 0.09 is very low, reducing financial risk. EPS is modest at 6.07 ₹, but quarterly profit surged (1,405 Cr. vs 1,026 Cr.), reflecting strong growth. Dividend yield of 2.23% adds investor value. Technically, RSI at 52.5 is neutral, while MACD is slightly negative (-0.87), showing weak momentum. The stock trades near DMA 50 (159 ₹) and DMA 200 (160 ₹), indicating consolidation with potential for breakout.
💡 Optimal Entry Price: Around 150–155 ₹, closer to support levels.
📈 Exit Strategy: If already holding, consider exiting near 170–175 ₹ or on weakness if RSI drops below 50.
✅ Positive
- 📈 Attractive P/E ratio (24.1) vs industry average (33.7).
- 🚀 Strong quarterly profit growth (1,405 Cr. vs 1,026 Cr.).
- 💰 Dividend yield of 2.23% provides shareholder returns.
- 📊 Excellent ROCE (39.0%) and ROE (31.0%).
- 💰 Low debt to equity ratio (0.09).
⚠️ Limitation
- 📉 EPS of 6.07 ₹ is modest relative to price.
- 📊 RSI at 52.5 indicates neutral momentum.
- 📉 MACD at -0.87 shows weak technical strength.
- 📉 Decline in DII holding (-0.67%).
📰 Company Negative News
- ⚠️ Institutional investors reduced DII holdings, signaling cautious sentiment.
- 📉 Weak technical indicators despite strong fundamentals.
🌟 Company Positive News
- 🚀 Quarterly profit growth of 12% QoQ.
- 📊 EPS remains stable with consistent profitability.
- 🌍 Increase in FII holding (+0.16%).
🏭 Industry
- 📈 Industry P/E at 33.7, higher than company’s 24.1, showing ASHOKLEY trades at a discount.
- 🌍 Auto industry outlook remains favorable with demand recovery trends.
📌 Conclusion
ASHOKLEY is a good candidate for swing trading, supported by strong fundamentals, undervaluation, and profit growth. Entry is safer around 150–155 ₹ near support. If already holding, exit near 170–175 ₹ to secure gains. Short-term traders should remain cautious as technical indicators show consolidation rather than strong momentum.