BALRAMCHIN - Swing Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to Swing Trade List📊 Swing Trade Analysis for BALRAMCHIN Ltd.
Swing Trade Rating: 3.8
⚙️ Technical Outlook
Current Price ₹590 hovers just below DMA 50 ₹592, but comfortably above DMA 200 ₹549 — neutral-bullish setup.
RSI (42.8): Weak but not oversold — leaves room for recovery.
MACD (-0.09): Flatline — unclear momentum, needs confirmation.
Volume below weekly average — tepid trader interest for now.
📉 Conclusion: Not a breakout play yet, but price sitting near support zone could make for a tactical entry on reversal signs.
📚 Fundamental Snapshot
P/E (27.3) vs. Industry PE (18.3) — above sector average, suggests investors expect continued growth.
PEG (-13.0) — anomaly; negative PEG typically signals inconsistency between growth and valuation.
EPS ₹21.6, Book Value ₹188 — modest earnings power, decent asset backing.
Debt-to-Equity (0.69) — moderately leveraged, acceptable for the industry.
ROE (12.1%) & ROCE (11.1%) — middle-of-the-road profitability.
PAT Qtr Growth: ₹70.5 Cr → ₹229 Cr (+12.6%) — healthy quarter-on-quarter improvement.
FII/DII Activity: Stable with slight DII accumulation — cautious optimism.
💡 Verdict: Fundamentals are steady with improving profits, but valuation and technicals call for careful entry.
✅ Optimal Entry Range
Buy Range: ₹580–₹590 — close to 50-DMA and near-term support.
Stop-Loss: ₹570 — protects downside if momentum fails.
🚪 Exit Strategy (If Already Holding)
Initial Target: ₹605–₹610 — aligns with short-term resistance zone.
Extended Target: ₹625–₹630 — contingent on volume and MACD turning positive.
Trailing Stop: Shift stop to ₹595 once price moves above ₹610 to preserve gains.
🔍 Final Take
BALRAMCHIN is quietly setting up for a swing — earnings rebound and technical proximity to support could pay off if momentum builds. Not high-conviction yet, but worth watching for a bullish MACD crossover or RSI push toward 50+.
Want to size this against other sugar stocks showing stronger volume or cleaner momentum curves? I’ve got a few sweet picks if you’re curious.
Edit in a page
Back to Swing Trade List