CANFINHOME - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.2
| Stock Code | CANFINHOME | Market Cap | 11,834 Cr. | Current Price | 888 ₹ | High / Low | 972 ₹ |
| Stock P/E | 10.9 | Book Value | 449 ₹ | Dividend Yield | 1.69 % | ROCE | 9.17 % |
| ROE | 19.7 % | Face Value | 2.00 ₹ | DMA 50 | 854 ₹ | DMA 200 | 847 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | -0.09 % | PAT Qtr | 346 Cr. | PAT Prev Qtr | 265 Cr. |
| RSI | 65.0 | MACD | 7.70 | Volume | 1,14,122 | Avg Vol 1Wk | 1,22,128 |
| Low price | 709 ₹ | High price | 972 ₹ | PEG Ratio | 0.53 | Debt to equity | 6.40 |
| 52w Index | 68.1 % | Qtr Profit Var | 47.8 % | EPS | 81.5 ₹ | Industry PE | 15.8 |
CANFINHOME shows promising potential for swing trading. The current price of ₹888 is close to its 50 DMA (₹854) and 200 DMA (₹847), offering strong support levels. RSI at 65 indicates healthy momentum without being overbought, while MACD at 7.70 confirms bullish sentiment. The PEG ratio of 0.53 suggests undervaluation relative to growth. However, the high debt-to-equity ratio of 6.40 is a concern.
✅ Optimal Entry Price: ₹860–₹870 (near DMA support)
📈 Exit Strategy (if already holding): Target ₹950–₹960, unless momentum breaks resistance.
🌟 Positive
- 📈 PAT growth of 47.8% quarter-on-quarter (₹265 Cr. → ₹346 Cr.).
- 💰 Attractive valuation: P/E of 10.9 vs industry P/E of 15.8.
- 📊 EPS of ₹81.5 reflects strong earnings.
- 📉 PEG ratio of 0.53 highlights undervaluation.
⚠️ Limitation
- 💳 Debt-to-equity ratio of 6.40 indicates high leverage risk.
- 📉 ROCE at 9.17% is relatively weak compared to peers.
- 💸 Dividend yield of 1.69% is modest.
📰 Company Negative News
- 📉 Decline in DII holding (-0.09%) shows reduced domestic institutional confidence.
📰 Company Positive News
- 📈 Increase in FII holding (+0.13%) signals foreign investor interest.
- 💹 Strong quarterly PAT growth supports bullish outlook.
🏭 Industry
- 📊 Industry P/E at 15.8 is higher than CANFINHOME’s 10.9, suggesting undervaluation.
- 🏦 Housing finance sector benefits from steady demand for affordable housing.
✅ Conclusion
CANFINHOME is a solid swing trade candidate with undervaluation, strong quarterly performance, and technical support near DMA levels. Entry around ₹860–₹870 is optimal, with an exit near ₹950–₹960 if resistance holds. Caution is advised due to high leverage and modest ROCE.
Would you like me to extend this analysis by comparing CANFINHOME’s swing trade potential with another housing finance stock like LIC Housing or PNB Housing to highlight relative opportunities?