BLUEJET - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.8
| Stock Code | BLUEJET | Market Cap | 8,890 Cr. | Current Price | 513 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 35.9 | Book Value | 78.4 ₹ | Dividend Yield | 0.23 % | ROCE | 26.5 % |
| ROE | 19.9 % | Face Value | 2.00 ₹ | DMA 50 | 458 ₹ | DMA 200 | 508 ₹ |
| Chg in FII Hold | -0.25 % | Chg in DII Hold | -0.14 % | PAT Qtr | 64.3 Cr. | PAT Prev Qtr | 40.2 Cr. |
| RSI | 63.4 | MACD | 17.9 | Volume | 3,54,646 | Avg Vol 1Wk | 5,44,381 |
| Low price | 325 ₹ | High price | 1,028 ₹ | PEG Ratio | 2.27 | Debt to equity | 0.03 |
| 52w Index | 26.7 % | Qtr Profit Var | -41.6 % | EPS | 14.3 ₹ | Industry PE | 32.5 |
BLUEJET shows moderate potential for swing trading. The fundamentals are decent with ROCE at 26.5% and ROE at 19.9%, supported by very low debt-to-equity (0.03). Valuation is slightly stretched with a P/E of 35.9 compared to the industry average of 32.5, and PEG ratio of 2.27 suggests expensive growth. Technical indicators are bullish — RSI at 63.4 indicates strong momentum, and MACD at 17.9 confirms upward trend. Quarterly PAT improved (40.2 Cr. → 64.3 Cr.), but profit variation (-41.6%) highlights volatility. Overall, BLUEJET is consolidating near support levels and offers swing opportunities with cautious entry.
Optimal Entry Price: 500–510 ₹ (near DMA 200 support)
Exit Strategy: If already holding, consider exiting near 560–580 ₹ resistance or if RSI crosses 70.
✅ Positive
- 📈 Strong ROCE of 26.5% and ROE of 19.9%.
- 💰 Very low debt-to-equity ratio of 0.03.
- 📊 PAT growth from 40.2 Cr. to 64.3 Cr. in the latest quarter.
- 📉 Support near DMA 200 at 508 ₹ provides a favorable entry zone.
⚠️ Limitation
- 📌 P/E ratio of 35.9 vs industry average of 32.5, showing premium valuation.
- 📌 PEG ratio of 2.27 suggests expensive valuation relative to growth.
- 📌 RSI at 63.4 is close to overbought territory.
📰 Company Negative News
- 📉 Reduction in FII holding (-0.25%).
- 📉 Reduction in DII holding (-0.14%).
🌟 Company Positive News
- 📈 Quarterly PAT improvement shows operational strength.
- 📈 Strong profitability ratios compared to peers.
- 📈 Technical indicators (MACD, RSI) show bullish momentum.
🏭 Industry
- ✈️ Aviation and logistics sector benefits from rising travel demand and cargo expansion.
- 📌 Industry P/E at 32.5, showing BLUEJET trades at a slight premium valuation.
📌 Conclusion
BLUEJET is fundamentally stable with strong profitability and low debt, but valuations are slightly stretched. Entry near 500–510 ₹ offers better risk-reward, while exit near 560–580 ₹ is optimal. Traders should monitor RSI and quarterly earnings closely for confirmation of momentum before entering positions.