ATHERENERG - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.4
| Stock Code | ATHERENERG | Market Cap | 28,856 Cr. | Current Price | 754 ₹ | High / Low | 790 ₹ |
| Book Value | 71.3 ₹ | Dividend Yield | 0.00 % | ROCE | -65.7 % | ROE | -156 % |
| Face Value | 1.00 ₹ | DMA 50 | 694 ₹ | DMA 200 | 586 ₹ | Chg in FII Hold | -6.16 % |
| Chg in DII Hold | 4.50 % | PAT Qtr | -79.6 Cr. | PAT Prev Qtr | -154 Cr. | RSI | 66.4 |
| MACD | 11.6 | Volume | 74,71,876 | Avg Vol 1Wk | 36,41,405 | Low price | 287 ₹ |
| High price | 790 ₹ | Debt to equity | 0.16 | 52w Index | 92.9 % | Qtr Profit Var | 59.8 % |
| EPS | -19.1 ₹ | Industry PE | 27.7 |
📊 The stock ATHERENERG shows weak fundamentals for swing trading despite recent price momentum. Current price (₹754) is above both 50 DMA (₹694) and 200 DMA (₹586), indicating bullish technicals. RSI at 66.4 suggests the stock is approaching overbought territory, while MACD is positive (11.6), showing short-term upward momentum. However, negative ROCE (-65.7%) and ROE (-156%) highlight poor financial efficiency. EPS is negative (-₹19.1), and the company remains loss-making, making valuation difficult. High trading volume compared to average shows strong speculative interest.
💡 Optimal Entry Price: Around ₹720–730 if price consolidates and RSI cools down.
📉 Exit Strategy (if already holding): Consider exiting near ₹780–790 resistance zone to lock in gains before potential correction.
✅ Positive
- Strong trading momentum with price above DMA levels.
- Quarterly losses reduced significantly (PAT improved from -154 Cr. to -79.6 Cr.).
- DII holding increased (+4.50%), showing domestic institutional confidence.
⚠️ Limitation
- Negative ROCE (-65.7%) and ROE (-156%) indicate poor financial performance.
- No dividend yield, limiting investor returns.
- Valuation metrics like P/E and PEG are not meaningful due to losses.
📉 Company Negative News
- FII holding decreased (-6.16%), showing reduced foreign investor confidence.
- EPS remains negative (-₹19.1), reflecting continued losses.
📈 Company Positive News
- Quarterly profit variance improved (+59.8%), losses narrowing.
- Stock has surged strongly from 52-week low (₹287) to current levels.
🏭 Industry
- Industry P/E at 27.7 shows peers are profitable, unlike ATHERENERG.
- Sector growth potential exists, but company fundamentals lag behind peers.
🔎 Conclusion
ATHERENERG is driven more by momentum and speculation than fundamentals. While technicals show short-term bullishness, weak financials and negative earnings make it risky for swing trading. Entry near ₹720–730 may be considered for momentum play, but exit near ₹780–790 is advisable to avoid downside risk.