CANBK - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.0
| Stock Code | CANBK | Market Cap | 1,33,874 Cr. | Current Price | 148 ₹ | High / Low | 161 ₹ |
| Stock P/E | 6.80 | Book Value | 125 ₹ | Dividend Yield | 2.71 % | ROCE | 6.79 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 148 ₹ | DMA 200 | 129 ₹ |
| Chg in FII Hold | 2.72 % | Chg in DII Hold | -1.76 % | PAT Qtr | 5,155 Cr. | PAT Prev Qtr | 4,774 Cr. |
| RSI | 45.8 | MACD | -0.97 | Volume | 2,71,48,172 | Avg Vol 1Wk | 4,49,90,131 |
| Low price | 78.6 ₹ | High price | 161 ₹ | PEG Ratio | 0.15 | Debt to equity | 14.7 |
| 52w Index | 83.8 % | Qtr Profit Var | 25.6 % | EPS | 21.7 ₹ | Industry PE | 7.88 |
📊 Based on the given parameters, both CANBK and CANFINHOME show potential for swing trading, but with different risk profiles. CANBK offers value with a low P/E and strong profit growth, though high debt and weak momentum indicators limit upside. CANFINHOME trades near its 52-week high with solid fundamentals and better technical strength, making it more favorable for short-term swings.
💡 Optimal Entry Price (CANBK): Around 142–145 ₹ (near support at 50 DMA).
📈 Exit Strategy if Holding (CANBK): Consider booking profits near 160–161 ₹ (recent high) or if RSI crosses 65.
💡 Optimal Entry Price (CANFINHOME): Around 910–920 ₹ (near 50 DMA support).
📈 Exit Strategy if Holding (CANFINHOME): Consider booking profits near 965–970 ₹ (close to 52-week high resistance).
✅ Positive
- CANBK: Low P/E of 6.8 vs. industry P/E of 7.88, attractive valuation.
- CANBK: Quarterly PAT growth of 25.6% (5,155 Cr. vs. 4,774 Cr.).
- CANBK: ROE at 18.2% indicates strong profitability.
- CANFINHOME: EPS of 73.2 ₹ with P/E of 12.9 vs. industry 16.4.
- CANFINHOME: Strong quarterly PAT growth and rising institutional interest.
- CANFINHOME: PEG ratio of 0.58 suggests undervaluation relative to growth.
⚠️ Limitation
- CANBK: Debt-to-equity ratio extremely high at 14.7, raising risk.
- CANBK: MACD negative (-0.97) and RSI at 45.8, showing weak momentum.
- CANBK: DII holdings decreased (-1.76%), reducing domestic confidence.
- CANFINHOME: Debt-to-equity ratio at 6.61, still elevated.
- CANFINHOME: Current volume lower than average weekly volume, showing weaker participation.
📉 Company Negative News
- CANBK: Concerns around high leverage and declining DII interest.
- CANFINHOME: Elevated debt levels remain a structural risk.
📈 Company Positive News
- CANBK: Strong quarterly profit growth and increased FII holdings (+2.72%).
- CANFINHOME: Consistent profit growth and rising institutional confidence.
🏦 Industry
- Banking sector (CANBK) trading at low valuations (industry P/E 7.88), offering value opportunities.
- Housing finance sector (CANFINHOME) supported by government push for affordable housing, industry P/E at 16.4.
🔎 Conclusion
CANBK is a fair candidate for swing trading with a rating of 4.0, offering value but limited by debt and weak technical momentum. Entry near 142–145 ₹ with exit around 160–161 ₹ is optimal. CANFINHOME is slightly stronger technically, rated 4.2, with entry near 910–920 ₹ and exit near 965–970 ₹. Traders should weigh debt risks and volume trends before taking positions.