CHENNPETRO - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.2
| Stock Code | CHENNPETRO | Market Cap | 15,202 Cr. | Current Price | 1,020 ₹ | High / Low | 1,103 ₹ |
| Stock P/E | 7.20 | Book Value | 574 ₹ | Dividend Yield | 0.49 % | ROCE | 4.04 % |
| ROE | 2.10 % | Face Value | 10.0 ₹ | DMA 50 | 921 ₹ | DMA 200 | 832 ₹ |
| Chg in FII Hold | 4.07 % | Chg in DII Hold | -1.58 % | PAT Qtr | 987 Cr. | PAT Prev Qtr | 732 Cr. |
| RSI | 59.6 | MACD | 30.6 | Volume | 42,50,282 | Avg Vol 1Wk | 51,86,331 |
| Low price | 516 ₹ | High price | 1,103 ₹ | PEG Ratio | -0.15 | Debt to equity | 0.23 |
| 52w Index | 85.9 % | Qtr Profit Var | 9,338 % | EPS | 142 ₹ | Industry PE | 13.1 |
📊 CHENNPETRO shows strong potential for swing trading. The RSI at 59.6 indicates bullish momentum, and MACD (30.6) confirms positive short-term trend. Valuation is attractive with a P/E of 7.20 compared to industry PE of 13.1, while EPS of ₹142 highlights strong earnings. Quarterly PAT surged to ₹987 Cr. from ₹732 Cr., reflecting robust growth. ROCE (4.04%) and ROE (2.10%) are weak, but debt-to-equity ratio of 0.23 remains manageable. Institutional activity is mixed, with FII inflows (+4.07%) and DII outflows (-1.58%).
💡 Optimal Entry Price: Around ₹1,000–1,010, near support levels and slightly below current price.
📈 Exit Strategy (if already holding): Consider booking profits near ₹1,080–1,100, aligning with recent highs and resistance zone.
✅ Positive
- Low P/E (7.20) compared to industry average (13.1).
- EPS of ₹142 highlights strong profitability.
- Quarterly PAT growth of 9,338% shows exceptional earnings momentum.
- FII holdings increased (+4.07%), reflecting foreign investor confidence.
- Debt-to-equity ratio of 0.23 indicates manageable leverage.
⚠️ Limitation
- ROCE (4.04%) and ROE (2.10%) are weak, limiting efficiency.
- DII holdings declined (-1.58%), showing reduced domestic institutional interest.
- Dividend yield at 0.49% is modest.
- Trading volume slightly below weekly average, indicating weaker participation.
📉 Company Negative News
- No major negative news reported, but low efficiency metrics remain a concern.
📈 Company Positive News
- Exceptional quarterly profit growth and strong EPS.
- FII inflows reflect growing global investor confidence.
🏭 Industry
- Industry PE is 13.1, higher than CHENNPETRO’s 7.20, suggesting undervaluation.
- Petrochemical and refining sector benefits from rising energy demand but remains cyclical and sensitive to crude price volatility.
🔎 Conclusion
CHENNPETRO is a strong candidate for swing trading with entry near ₹1,000–1,010 and exit around ₹1,080–1,100. Attractive valuation, robust earnings growth, and FII inflows are positives, though weak efficiency metrics warrant caution. Suitable for traders seeking short-term momentum opportunities with moderate risk appetite.