CANFINHOME - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.2
| Stock Code | CANFINHOME | Market Cap | 12,550 Cr. | Current Price | 940 ₹ | High / Low | 972 ₹ |
| Stock P/E | 12.9 | Book Value | 410 ₹ | Dividend Yield | 1.28 % | ROCE | 9.34 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 904 ₹ | DMA 200 | 835 ₹ |
| Chg in FII Hold | 0.72 % | Chg in DII Hold | 0.82 % | PAT Qtr | 265 Cr. | PAT Prev Qtr | 251 Cr. |
| RSI | 56.2 | MACD | 2.10 | Volume | 1,42,653 | Avg Vol 1Wk | 3,05,482 |
| Low price | 558 ₹ | High price | 972 ₹ | PEG Ratio | 0.58 | Debt to equity | 6.61 |
| 52w Index | 92.4 % | Qtr Profit Var | 24.8 % | EPS | 73.2 ₹ | Industry PE | 16.4 |
📊 Based on the given parameters, CANFINHOME appears to be a moderately strong candidate for swing trading. The stock is trading close to its 52-week high (940 ₹ vs 972 ₹), showing momentum but also limited upside in the short term. Technical indicators (RSI 56.2, MACD positive) suggest neutral-to-bullish sentiment. The optimal entry price would be near the 50 DMA at 904 ₹ for better risk-reward. If already holding, consider exiting around 965–972 ₹, as this is a resistance zone near the 52-week high.
✅ Positive
- Strong EPS of 73.2 ₹ with attractive P/E of 12.9 compared to industry average of 16.4.
- Quarterly PAT growth (265 Cr. vs 251 Cr.) shows improving profitability.
- ROE at 18.2% indicates efficient use of equity capital.
- FII and DII holdings increased, reflecting institutional confidence.
- PEG ratio of 0.58 suggests undervaluation relative to growth.
⚠️ Limitation
- High debt-to-equity ratio of 6.61, which increases financial risk.
- ROCE at 9.34% is relatively weak compared to peers.
- Trading volume is lower than average weekly volume, indicating reduced liquidity in short-term moves.
📉 Company Negative News
- No major negative news reported recently, but debt levels remain a structural concern.
📈 Company Positive News
- Consistent profit growth and improving quarterly results.
- Institutional investors increasing stake, signaling confidence.
🏭 Industry
- Housing finance sector remains supported by government initiatives and demand for affordable housing.
- Industry P/E of 16.4 indicates CANFINHOME is trading at a discount, offering valuation comfort.
🔎 Conclusion
CANFINHOME is a fair swing trade candidate with strong fundamentals and improving profitability. Entry near 904 ₹ (50 DMA) offers better risk-adjusted returns. Exit should be considered around 965–972 ₹ if already holding, as this is a resistance zone. While valuation is attractive, high leverage remains a key limitation for long-term investors.