ATHERENERG - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.3
| Stock Code | ATHERENERG | Market Cap | 37,220 Cr. | Current Price | 972 ₹ | High / Low | 1,069 ₹ |
| Book Value | 67.2 ₹ | Dividend Yield | 0.00 % | ROCE | -19.8 % | ROE | -33.4 % |
| Face Value | 1.00 ₹ | DMA 50 | 929 ₹ | DMA 200 | 737 ₹ | Chg in FII Hold | -0.24 % |
| Chg in DII Hold | 0.87 % | PAT Qtr | -100 Cr. | PAT Prev Qtr | -79.6 Cr. | RSI | 50.1 |
| MACD | 20.1 | Volume | 22,81,758 | Avg Vol 1Wk | 29,90,829 | Low price | 314 ₹ |
| High price | 1,069 ₹ | Debt to equity | 0.26 | 52w Index | 87.1 % | Qtr Profit Var | 57.2 % |
| EPS | -13.5 ₹ | Industry PE | 37.8 |
ATHERENERG shows weak fundamentals for swing trading. The company is currently loss-making with negative ROCE (-19.8%) and ROE (-33.4%). EPS is negative (-13.5 ₹), and quarterly PAT remains in the red (-100 Cr vs -79.6 Cr). Technical indicators are mixed: RSI at 50.1 is neutral, while MACD at 20.1 shows short-term bullish momentum. The stock trades above both 50 DMA (929 ₹) and 200 DMA (737 ₹), indicating strong recovery from lows, but valuation metrics like P/E and PEG are unavailable due to losses. High volatility is evident with a 52-week range from 314 ₹ to 1,069 ₹.
🔑 Optimal Entry Price: 930–950 ₹ (near 50 DMA support).
📤 Exit Strategy if Holding: Consider exiting near 1,050–1,060 ₹ resistance unless profitability outlook improves.
✅ Positive
- 📈 Strong price recovery (87.1% rise in 52 weeks).
- 📊 DII holdings increased (+0.87%), showing domestic institutional support.
- 📉 Debt-to-equity ratio (0.26) is manageable.
- 📈 Technicals show short-term bullish momentum (MACD positive).
⚠️ Limitation
- 📉 Negative ROCE and ROE highlight inefficiency.
- 📊 Loss-making with negative EPS (-13.5 ₹).
- 📉 FII holdings decreased (-0.24%), showing reduced foreign confidence.
- 📉 Valuation metrics like P/E and PEG unavailable due to losses.
📰 Company Negative News
- 📉 Continued quarterly losses (PAT -100 Cr).
- ⚠️ Profit variation shows worsening losses compared to previous quarter.
🌟 Company Positive News
- 📈 Strong stock price momentum, trading above DMA levels.
- 📊 Domestic institutions increasing stake.
- 📉 Manageable debt profile supports future growth potential.
🏭 Industry
- 📊 Industry P/E at 37.8, but ATHERENERG cannot be compared due to losses.
- 📈 EV sector has strong long-term demand potential.
- ⚠️ Profitability challenges remain across emerging EV players.
📌 Conclusion
ATHERENERG is a high-risk swing trade candidate. Entry is best near 930–950 ₹ with cautious exit around 1,050–1,060 ₹. Fundamentals are weak due to losses, but technical momentum and sector growth potential provide short-term trading opportunities. Suitable only for aggressive traders with strict stop-loss discipline.