COHANCE - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.7
| Stock Code | COHANCE | Market Cap | 14,024 Cr. | Current Price | 367 ₹ | High / Low | 1,328 ₹ |
| Stock P/E | 37.8 | Book Value | 115 ₹ | Dividend Yield | 0.00 % | ROCE | 16.0 % |
| ROE | 12.5 % | Face Value | 1.00 ₹ | DMA 50 | 495 ₹ | DMA 200 | 757 ₹ |
| Chg in FII Hold | -0.50 % | Chg in DII Hold | 0.76 % | PAT Qtr | 94.3 Cr. | PAT Prev Qtr | 58.6 Cr. |
| RSI | 19.9 | MACD | -39.3 | Volume | 4,41,452 | Avg Vol 1Wk | 3,32,579 |
| Low price | 356 ₹ | High price | 1,328 ₹ | PEG Ratio | -1.83 | Debt to equity | 0.05 |
| 52w Index | 1.17 % | Qtr Profit Var | -32.2 % | EPS | 12.0 ₹ | Industry PE | 29.1 |
📊 Based on the given parameters, COHANCE shows weak potential for swing trading at present. The stock is trading at 367 ₹, near its 52-week low of 356 ₹, reflecting heavy correction and bearish sentiment. Technical indicators (RSI 19.9, MACD negative) suggest oversold conditions but continued weakness. The optimal entry price would be closer to 360–365 ₹ for risk-managed buying. If already holding, consider exiting near 490–500 ₹ (around 50 DMA resistance zone) to avoid prolonged downside pressure.
✅ Positive
- ROCE of 16.0% and ROE of 12.5% show moderate operational efficiency.
- Debt-to-equity ratio of 0.05 indicates very low leverage, reducing financial risk.
- Sequential PAT improvement (94.3 Cr. vs 58.6 Cr.) shows short-term recovery momentum.
- DII holdings increased by 0.76%, reflecting domestic institutional support.
⚠️ Limitation
- High P/E of 37.8 compared to industry average of 29.1, suggesting overvaluation.
- PEG ratio of -1.83 indicates poor valuation relative to growth.
- Quarterly profit variation of -32.2% shows earnings volatility.
- RSI at 19.9 and negative MACD (-39.3) highlight strong bearish technical trend.
- FII holdings decreased (-0.50%), showing reduced foreign investor confidence.
- Dividend yield of 0.00% offers no income support.
📉 Company Negative News
- Sharp decline in quarterly profits raises concerns about earnings sustainability.
- Stock has corrected heavily from 52-week high of 1,328 ₹, weakening sentiment.
📈 Company Positive News
- Sequential PAT recovery in the latest quarter indicates operational improvement.
- Low debt levels provide financial stability and flexibility.
🏭 Industry
- Chemicals and specialty materials sector remains supported by industrial demand, though cyclical pressures persist.
- Industry P/E of 29.1 highlights COHANCE’s premium valuation despite correction.
🔎 Conclusion
COHANCE is currently a weak swing trade candidate due to bearish technicals, high valuation, and earnings volatility. Entry near 360–365 ₹ offers better risk-reward if momentum stabilizes. If already holding, exit near 490–500 ₹ (50 DMA resistance zone) is advisable. While low debt and recent PAT recovery provide some comfort, short-term swing trade outlook remains cautious.