ATGL - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.2
| Stock Code | ATGL | Market Cap | 61,130 Cr. | Current Price | 556 ₹ | High / Low | 798 ₹ |
| Stock P/E | 97.0 | Book Value | 40.8 ₹ | Dividend Yield | 0.04 % | ROCE | 17.4 % |
| ROE | 16.7 % | Face Value | 1.00 ₹ | DMA 50 | 536 ₹ | DMA 200 | 592 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | 0.02 % | PAT Qtr | 157 Cr. | PAT Prev Qtr | 162 Cr. |
| RSI | 56.1 | MACD | 2.34 | Volume | 5,58,17,526 | Avg Vol 1Wk | 2,47,97,306 |
| Low price | 454 ₹ | High price | 798 ₹ | PEG Ratio | 11.1 | Debt to equity | 0.45 |
| 52w Index | 29.8 % | Qtr Profit Var | 9.59 % | EPS | 5.73 ₹ | Industry PE | 14.4 |
📊 ATGL shows decent fundamentals with ROCE (17.4%) and ROE (16.7%), supported by moderate debt-to-equity (0.45). However, valuation is stretched with a very high P/E (97 vs. industry 14.4) and low EPS (5.73 ₹). Technical indicators are neutral to slightly positive: RSI at 56.1 and MACD positive (2.34), suggesting mild bullish momentum. The stock is trading above 50 DMA (536 ₹) but below 200 DMA (592 ₹), indicating mixed trend. Quarterly profit declined slightly (157 Cr. vs. 162 Cr.), but institutional support remains stable. Overall, it is a cautious swing trade candidate with limited upside.
💡 Optimal Entry Price: Around 540–555 ₹ (near 50 DMA support).
🚪 Exit Strategy (if already holding): Consider exiting near 590–600 ₹ resistance zone unless momentum strengthens further.
✅ Positive
- ROCE (17.4%) and ROE (16.7%) show decent efficiency.
- Stock trading above 50 DMA, showing short-term strength.
- Institutional support: FII (-0.07%) stable, DII (+0.02%) slightly positive.
- PEG ratio of 11.1 suggests growth expectations priced in.
⚠️ Limitation
- Extremely high P/E (97) compared to industry average (14.4).
- EPS remains low (5.73 ₹), limiting valuation support.
- Dividend yield negligible (0.04%), offering no income support.
- Stock trading below 200 DMA, showing long-term weakness.
📉 Company Negative News
- Quarterly PAT declined slightly (157 Cr. vs. 162 Cr.).
- Valuation stretched with high P/E and low EPS.
📈 Company Positive News
- Stock trading above 50 DMA, showing short-term momentum.
- Institutional holdings stable, providing confidence.
🏭 Industry
- Industry P/E is 14.4, far below ATGL’s 97, highlighting overvaluation.
- Gas distribution sector outlook remains strong with rising demand.
🔎 Conclusion
ATGL is fundamentally overvalued but shows short-term technical strength. Entry near 540–555 ₹ offers a cautious swing trade setup. If already holding, consider exiting near 590–600 ₹ unless momentum improves beyond resistance.