BATAINDIA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.6
| Stock Code | BATAINDIA | Market Cap | 8,331 Cr. | Current Price | 648 ₹ | High / Low | 1,301 ₹ |
| Stock P/E | 44.0 | Book Value | 118 ₹ | Dividend Yield | 2.93 % | ROCE | 15.2 % |
| ROE | 15.6 % | Face Value | 5.00 ₹ | DMA 50 | 812 ₹ | DMA 200 | 1,012 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | -0.08 % | PAT Qtr | 71.9 Cr. | PAT Prev Qtr | 18.7 Cr. |
| RSI | 14.0 | MACD | -48.6 | Volume | 2,67,488 | Avg Vol 1Wk | 3,15,268 |
| Low price | 642 ₹ | High price | 1,301 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.91 |
| 52w Index | 0.98 % | Qtr Profit Var | 9.87 % | EPS | 13.6 ₹ | Industry PE | 33.7 |
📊 The stock BATAINDIA shows weak potential for swing trading at present. Current price (₹648) is well below both 50 DMA (₹812) and 200 DMA (₹1,012), indicating strong bearish momentum. RSI at 14.0 suggests the stock is extremely oversold, which may trigger a short-term rebound, but MACD is strongly negative (-48.6), confirming downward sentiment. Valuation is stretched with P/E of 44.0 compared to industry average of 33.7, and PEG ratio of 1.30 highlights moderate overvaluation relative to growth. Quarterly PAT improved, but overall fundamentals remain pressured. Volume is below weekly average, showing limited participation.
💡 Optimal Entry Price: Around ₹640–650 if RSI remains oversold and price stabilizes.
📉 Exit Strategy (if already holding): Consider exiting near ₹700–720 resistance zone unless strong reversal signals appear.
✅ Positive
- Quarterly PAT improved from ₹18.7 Cr. to ₹71.9 Cr.
- Dividend yield of 2.93% provides attractive investor return.
- ROCE (15.2%) and ROE (15.6%) show decent efficiency.
⚠️ Limitation
- Price trading far below DMA levels shows strong bearish momentum.
- Extremely low RSI (14.0) indicates oversold but also weak sentiment.
- Debt-to-equity ratio (0.91) adds moderate leverage risk.
📉 Company Negative News
- FII holding decreased (-0.71%) and DII holding decreased (-0.08%).
- 52-week index at 0.98% shows poor performance relative to highs.
📈 Company Positive News
- Quarterly profit variance (+9.87%) indicates earnings recovery.
- Dividend yield of 2.93% adds shareholder value.
🏭 Industry
- Industry P/E at 33.7 shows peers trade at lower valuations.
- Footwear and retail sector remains competitive and cyclical.
🔎 Conclusion
BATAINDIA is fundamentally stable but technically very weak, currently oversold with potential for a short-term rebound. Entry near ₹640–650 may be considered cautiously, but exit near ₹700–720 is advisable unless momentum strengthens significantly. Caution is warranted due to stretched valuations and weak investor sentiment.