BALKRISIND - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.0
| Stock Code | BALKRISIND | Market Cap | 43,560 Cr. | Current Price | 2,255 ₹ | High / Low | 2,801 ₹ |
| Stock P/E | 35.6 | Book Value | 567 ₹ | Dividend Yield | 0.71 % | ROCE | 12.2 % |
| ROE | 11.4 % | Face Value | 2.00 ₹ | DMA 50 | 2,194 ₹ | DMA 200 | 2,321 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | -0.17 % | PAT Qtr | 295 Cr. | PAT Prev Qtr | 375 Cr. |
| RSI | 56.4 | MACD | 5.07 | Volume | 1,36,514 | Avg Vol 1Wk | 4,63,350 |
| Low price | 1,970 ₹ | High price | 2,801 ₹ | PEG Ratio | 6.19 | Debt to equity | 0.37 |
| 52w Index | 34.2 % | Qtr Profit Var | -18.5 % | EPS | 63.2 ₹ | Industry PE | 22.1 |
BALKRISIND shows moderate potential for swing trading. The valuation is stretched with a P/E of 35.6 compared to the industry average of 22.1, and the PEG ratio (6.19) suggests growth is not keeping pace with valuation. Fundamentals are modest: ROCE at 12.2% and ROE at 11.4% are average, while debt-to-equity at 0.37 is manageable. Technical indicators are mildly supportive: RSI at 56.4 indicates neutral-to-bullish momentum, and MACD at 5.07 shows slight positive strength. The stock is trading above its 50 DMA (2,194 ₹) but below its 200 DMA (2,321 ₹), showing short-term strength but long-term weakness. PAT declined (295 Cr vs 375 Cr), raising concerns about earnings consistency. EPS at 63.2 ₹ provides a solid base, but volume is lower than average, limiting momentum.
🔑 Optimal Entry Price: 2,200–2,230 ₹ (near 50 DMA support).
📤 Exit Strategy if Holding: Consider exiting near 2,350–2,380 ₹ resistance unless momentum strengthens.
✅ Positive
- 📈 Manageable debt-to-equity ratio (0.37).
- 📊 EPS at 63.2 ₹ provides a solid earnings base.
- 📉 FII holdings increased (+0.13%), showing foreign investor confidence.
- 📈 Dividend yield (0.71%) adds shareholder value.
⚠️ Limitation
- 📉 High P/E ratio compared to industry peers.
- 📊 PEG ratio (6.19) suggests poor valuation relative to growth.
- 📉 ROCE and ROE are modest.
- 📉 Volume below average, limiting momentum strength.
📰 Company Negative News
- 📉 Decline in quarterly PAT (295 Cr vs 375 Cr).
- ⚠️ Profit variation (-18.5%) highlights earnings volatility.
- 📉 DII holdings decreased (-0.17%), showing reduced domestic confidence.
🌟 Company Positive News
- 📈 EPS remains strong at 63.2 ₹.
- 📊 Dividend yield supports shareholder returns.
- 📉 FII confidence with increased stake.
🏭 Industry
- 📊 Industry P/E at 22.1, lower than BALKRISIND, showing sector is moderately valued.
- 📈 Tyre and rubber sector benefits from automotive demand.
- ⚠️ Valuation gap may limit upside compared to peers.
📌 Conclusion
BALKRISIND is a moderate swing trade candidate. Entry is best near 2,200–2,230 ₹ with cautious exit around 2,350–2,380 ₹. Fundamentals are stable with manageable debt, but weak earnings and stretched valuation limit short-term upside. Suitable for disciplined traders with strict stop-loss management.