BALKRISIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.8
| Stock Code | BALKRISIND | Market Cap | 41,006 Cr. | Current Price | 2,121 ₹ | High / Low | 2,818 ₹ |
| Stock P/E | 31.8 | Book Value | 540 ₹ | Dividend Yield | 0.75 % | ROCE | 16.5 % |
| ROE | 15.5 % | Face Value | 2.00 ₹ | DMA 50 | 2,367 ₹ | DMA 200 | 2,435 ₹ |
| Chg in FII Hold | 0.30 % | Chg in DII Hold | -0.13 % | PAT Qtr | 375 Cr. | PAT Prev Qtr | 265 Cr. |
| RSI | 31.3 | MACD | -89.2 | Volume | 1,07,111 | Avg Vol 1Wk | 1,76,808 |
| Low price | 2,020 ₹ | High price | 2,818 ₹ | PEG Ratio | 7.31 | Debt to equity | 0.35 |
| 52w Index | 12.6 % | Qtr Profit Var | -14.7 % | EPS | 66.7 ₹ | Industry PE | 24.2 |
📊 The stock BALKRISIND shows weak potential for swing trading at present. Current price (₹2,121) is below both 50 DMA (₹2,367) and 200 DMA (₹2,435), indicating bearish momentum. RSI at 31.3 suggests the stock is nearing oversold territory, while MACD is strongly negative (-89.2), confirming downward sentiment. Valuation is stretched with P/E of 31.8 compared to industry average of 24.2, and PEG ratio of 7.31 highlights overvaluation relative to growth. Quarterly PAT declined from ₹375 Cr. to ₹265 Cr., showing weakness in fundamentals. Volume is below weekly average, limiting momentum strength.
💡 Optimal Entry Price: Around ₹2,050–2,100 if RSI dips closer to 30 and price stabilizes.
📉 Exit Strategy (if already holding): Consider exiting near ₹2,350–2,400 resistance zone unless strong reversal signals appear.
✅ Positive
- Strong ROCE (16.5%) and ROE (15.5%) indicate decent capital efficiency.
- Dividend yield of 0.75% provides investor return.
- FII holding increased (+0.30%), showing foreign investor confidence.
⚠️ Limitation
- Price trading below DMA levels shows weak technical momentum.
- High PEG ratio (7.31) suggests overvaluation relative to growth.
- Volume below weekly average, limiting short-term moves.
📉 Company Negative News
- Quarterly PAT declined (-14.7%), showing weaker profitability.
- DII holding decreased (-0.13%), showing reduced domestic institutional support.
📈 Company Positive News
- EPS of ₹66.7 reflects a strong earnings base.
- FII holding increased (+0.30%), showing foreign investor confidence.
🏭 Industry
- Industry P/E at 24.2 shows peers trade at lower valuations.
- Tyre and rubber sector remains cyclical with moderate growth outlook.
🔎 Conclusion
BALKRISIND is fundamentally stable but currently lacks strong momentum for swing trading. Entry near ₹2,050–2,100 may be considered cautiously, but exit near ₹2,350–2,400 is advisable unless earnings and technical indicators improve significantly.