BIKAJI - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.6

📉 Bikaji shows strong fundamentals and institutional support, but weak technical momentum and high valuation. Entry near ₹715 is optimal. If already held, consider exiting around ₹760–₹780.

📈 Positive

• 📊 ROCE of 20.1% and ROE of 16.0% reflect solid capital efficiency.
• 📈 DII holding increased by 1.40%, showing strong domestic institutional confidence.
• 📉 Debt-to-equity ratio of 0.12 indicates a healthy balance sheet.
• 📈 Quarterly PAT improved from ₹48.4 Cr. to ₹63.2 Cr. (↑30.6%).
• 📈 Volume above average (1.01L vs 86.9K), suggesting rising interest.

⚠️ Limitation

• 📉 RSI at 44.8 and MACD at -5.62 indicate weak momentum.
• 💸 Stock P/E of 85.4 vs industry average of 52.1 suggests overvaluation.
• 📉 PEG ratio of 2.21 signals expensive growth expectations.
• 📉 Trading below DMA 50 and DMA 200 confirms short-term weakness.
• 📉 FII holding declined by 0.30%, showing reduced foreign confidence.

📉 Company Negative News

• 📉 Analysts flagged concerns over high input costs and margin pressure in non-festive quarters.

📈 Company Positive News

• 📈 Bikaji maintained FY24 volume growth guidance of 18% with margins above 13%

  CNBCTV18

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• 📈 Q2 results showed 18.5% revenue growth and 15% profit increase, driven by festive demand

  The Economic Times

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• 📈 Management is focused on expanding capacity and launching new products

  CNBCTV18

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🍘 Industry

• 🍘 Packaged food sector benefits from rising urban demand and festive consumption cycles.
• 📊 Industry P/E of 52.1 reflects premium valuation across FMCG players.

✅ Conclusion

• 📉 Bikaji is a moderate swing trade candidate with strong fundamentals but weak technicals and high valuation.
• 📉 Optimal entry price: ₹715–₹720 (near support and below DMA 50).
• 📈 Exit target: ₹760–₹780 (near resistance and psychological level).
• 📌 Watch for MACD crossover and RSI above 50 before entry.

Would you like a visual chart of BIKAJI’s RSI and MACD trends to support this analysis?