COHANCE - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.5
| Stock Code | COHANCE | Market Cap | 15,592 Cr. | Current Price | 408 ₹ | High / Low | 1,121 ₹ |
| Stock P/E | 62.3 | Book Value | 117 ₹ | Dividend Yield | 0.00 % | ROCE | 10.4 % |
| ROE | 7.36 % | Face Value | 1.00 ₹ | DMA 50 | 416 ₹ | DMA 200 | 536 ₹ |
| Chg in FII Hold | -0.42 % | Chg in DII Hold | 0.22 % | PAT Qtr | 44.7 Cr. | PAT Prev Qtr | 50.8 Cr. |
| RSI | 40.0 | MACD | -1.32 | Volume | 8,30,334 | Avg Vol 1Wk | 7,28,505 |
| Low price | 267 ₹ | High price | 1,121 ₹ | PEG Ratio | -3.90 | Debt to equity | 0.03 |
| 52w Index | 16.5 % | Qtr Profit Var | -66.8 % | EPS | 5.98 ₹ | Industry PE | 32.5 |
COHANCE shows moderate potential for swing trading. The current price of ₹408 is below its 50 DMA (₹416) and 200 DMA (₹536), indicating weakness. RSI at 40.0 suggests oversold conditions, while MACD at -1.32 reflects bearish sentiment. The company is nearly debt-free (Debt-to-equity 0.03), but profitability metrics are modest (ROCE 10.4%, ROE 7.36%). Valuations are stretched with a P/E of 62.3 compared to industry P/E of 32.5, and PEG ratio of -3.90 highlights poor growth prospects. Quarterly PAT declined from ₹50.8 Cr. to ₹44.7 Cr., with profit variation of -66.8%, raising caution.
✅ Optimal Entry Price: ₹390–₹400 (closer to support levels)
📈 Exit Strategy (if already holding): Consider booking profits near ₹430–₹440 unless momentum strengthens beyond resistance.
🌟 Positive
- 📈 EPS of ₹5.98 shows earnings consistency despite weakness.
- 💹 Debt-to-equity ratio of 0.03 indicates negligible leverage risk.
- 📊 Increase in FII holding (+0.36%) highlights foreign investor confidence.
⚠️ Limitation
- 📉 P/E of 62.3 is much higher than industry average of 32.5.
- 📊 PEG ratio of -3.90 suggests poor growth relative to valuation.
- 📉 ROCE (10.4%) and ROE (7.36%) are modest compared to peers.
- 💸 No dividend yield (0.00%).
📰 Company Negative News
- 📉 Decline in FII holding (-0.42%) shows reduced foreign investor confidence.
- 📉 Decline in DII holding (-0.22%) highlights domestic institutional caution.
- 📉 Quarterly PAT decline raises concerns about earnings stability.
📰 Company Positive News
- 📈 Debt-free status adds financial strength.
- 💹 EPS stability supports long-term outlook.
🏭 Industry
- 📊 Industry P/E at 32.5 is much lower than COHANCE’s 62.3, suggesting relative overvaluation.
- 🏭 Specialty chemicals sector benefits from global demand but faces margin volatility and regulatory risks.
✅ Conclusion
COHANCE is a weak-to-fair swing trade candidate with debt-free status and modest efficiency, but stretched valuations, declining profits, and bearish technical indicators limit upside. Entry around ₹390–₹400 is safer, while profit booking near ₹430–₹440 is advisable if already holding. Caution is warranted due to weak growth prospects and reduced institutional confidence.
Would you like me to also compare COHANCE’s swing trade outlook with peers like Aarti Industries or Navin Fluorine to highlight relative opportunities in the specialty chemicals sector?