BATAINDIA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.3
| Stock Code | BATAINDIA | Market Cap | 11,067 Cr. | Current Price | 860 ₹ | High / Low | 1,384 ₹ |
| Stock P/E | 60.6 | Book Value | 118 ₹ | Dividend Yield | 2.21 % | ROCE | 15.2 % |
| ROE | 15.6 % | Face Value | 5.00 ₹ | DMA 50 | 934 ₹ | DMA 200 | 1,094 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | -0.08 % | PAT Qtr | 18.7 Cr. | PAT Prev Qtr | 54.9 Cr. |
| RSI | 28.2 | MACD | -23.5 | Volume | 87,477 | Avg Vol 1Wk | 1,16,038 |
| Low price | 835 ₹ | High price | 1,384 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.91 |
| 52w Index | 4.47 % | Qtr Profit Var | -64.2 % | EPS | 13.0 ₹ | Industry PE | 38.7 |
📊 BATAINDIA (₹860) currently shows weak swing trade potential. The stock trades below both its 50 DMA (₹934) and 200 DMA (₹1,094), with RSI at 28.2 (oversold) and negative MACD (-23.5), indicating bearish momentum. Fundamentals are stretched with high P/E (60.6 vs industry 38.7), declining PAT (₹18.7 Cr. vs ₹54.9 Cr.), and EPS at ₹13.0. Dividend yield at 2.21% provides some support, but reduced FII (-0.71%) and DII (-0.08%) holdings reflect cautious sentiment. The stock is near its 52-week low (₹835), offering speculative rebound potential but requiring strict risk management.
💡 Optimal Entry Price: ₹840–₹850 (near support zone).
💡 Exit Strategy: If already holding, consider booking profits near ₹900–₹920 unless momentum improves significantly.
✅ Positive
- Dividend yield 2.21% supports investor confidence.
- ROCE 15.2% and ROE 15.6% show moderate efficiency.
- Stock trading near 52-week low (₹835), offering rebound potential.
⚠️ Limitation
- High P/E (60.6 vs industry 38.7), indicating overvaluation.
- Weak technicals: below both DMAs, negative MACD, oversold RSI.
- Decline in institutional holdings (FII -0.71%, DII -0.08%).
- Quarterly profit variation (-64.2%) highlights earnings volatility.
📉 Company Negative News
- Sharp decline in quarterly profits (₹18.7 Cr. vs ₹54.9 Cr.).
- Reduced institutional confidence with FII and DII stake cuts.
📈 Company Positive News
- Dividend yield provides income stability for investors.
- Efficiency metrics (ROCE, ROE) remain moderate despite earnings decline.
🏭 Industry
- Industry PE ~38.7, BATAINDIA trades at a premium, reflecting brand strength but weak near-term fundamentals.
- Footwear and retail sector faces demand challenges but long-term growth potential remains.
🔎 Conclusion
BATAINDIA is a speculative candidate for swing trading due to oversold RSI and proximity to 52-week low, offering rebound potential. Entry near ₹840–₹850 with exit around ₹900–₹920 is advisable for short-term traders. However, weak earnings, high valuation, and poor technicals limit upside. Strict stop-loss discipline is essential.