⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
CHENNPETRO - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | CHENNPETRO | Market Cap | 13,126 Cr. | Current Price | 881 ₹ | High / Low | 1,103 ₹ |
| Stock P/E | 6.21 | Book Value | 574 ₹ | Dividend Yield | 0.57 % | ROCE | 4.04 % |
| ROE | 2.10 % | Face Value | 10.0 ₹ | DMA 50 | 858 ₹ | DMA 200 | 795 ₹ |
| Chg in FII Hold | 4.07 % | Chg in DII Hold | -1.58 % | PAT Qtr | 987 Cr. | PAT Prev Qtr | 732 Cr. |
| RSI | 55.4 | MACD | 0.36 | Volume | 19,19,204 | Avg Vol 1Wk | 15,97,776 |
| Low price | 433 ₹ | High price | 1,103 ₹ | PEG Ratio | -0.13 | Debt to equity | 0.23 |
| 52w Index | 66.9 % | Qtr Profit Var | 9,338 % | EPS | 142 ₹ | Industry PE | 10.0 |
📊 CHENNPETRO shows strong potential for swing trading. The stock is trading above both 50 DMA and 200 DMA, reflecting bullish momentum. Attractive valuation (P/E 6.21 vs. industry 10.0), strong EPS, and exceptional quarterly profit growth support fundamentals. However, weak ROE and ROCE, along with declining domestic institutional interest, suggest cautious optimism.
💡 Optimal Entry Price: Around 860–870 ₹ (near 50 DMA support).
📈 Exit Strategy if Holding: Consider booking profits near 1,000–1,030 ₹ (short-term resistance) or if RSI rises above 65.
✅ Positive
- P/E of 6.21 is well below industry average (10.0), indicating undervaluation.
- EPS of 142 ₹ supports strong earnings visibility.
- Quarterly PAT growth: 987 Cr. vs. 732 Cr. (9,338% variation), showing exceptional performance.
- Stock trading above both 50 DMA (858 ₹) and 200 DMA (795 ₹), reflecting bullish technicals.
- FII holdings increased (+4.07%), showing foreign investor confidence.
- Volume (19.2 lakh) higher than average weekly volume (15.9 lakh), indicating strong participation.
⚠️ Limitation
- ROCE at 4.04% and ROE at 2.10% are weak compared to peers.
- Dividend yield at 0.57% is modest, limiting income appeal.
- PEG ratio of -0.13 suggests growth is not well aligned with valuation.
- 52-week index at 66.9% shows the stock is mid-range, not near strong support.
📉 Company Negative News
- Decline in DII holdings (-1.58%) shows reduced domestic investor confidence.
- Weak ROE and ROCE highlight efficiency concerns despite profit growth.
📈 Company Positive News
- Strong quarterly profit growth supports earnings momentum.
- FII holdings increased significantly, reflecting foreign investor support.
- Stock trading above key moving averages, showing bullish technical strength.
🏦 Industry
- Industry P/E at 10.0 is higher than CHENNPETRO’s 6.21, suggesting undervaluation compared to peers.
- Oil refining and petrochemical sector outlook remains positive, supported by rising demand and global energy trends.
🔎 Conclusion
CHENNPETRO earns a swing trade rating of 4.1. Entry near 860–870 ₹ offers a favorable setup, while exit around