COROMANDEL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.8
| Stock Code | COROMANDEL | Market Cap | 58,463 Cr. | Current Price | 1,982 ₹ | High / Low | 2,720 ₹ |
| Stock P/E | 27.0 | Book Value | 410 ₹ | Dividend Yield | 0.61 % | ROCE | 24.6 % |
| ROE | 17.5 % | Face Value | 1.00 ₹ | DMA 50 | 2,076 ₹ | DMA 200 | 2,160 ₹ |
| Chg in FII Hold | -0.77 % | Chg in DII Hold | 1.50 % | PAT Qtr | 530 Cr. | PAT Prev Qtr | 816 Cr. |
| RSI | 43.3 | MACD | -13.0 | Volume | 4,18,368 | Avg Vol 1Wk | 3,29,164 |
| Low price | 1,818 ₹ | High price | 2,720 ₹ | PEG Ratio | 3.39 | Debt to equity | 0.05 |
| 52w Index | 18.1 % | Qtr Profit Var | 0.86 % | EPS | 76.1 ₹ | Industry PE | 18.5 |
Analysis: Coromandel International (COROMANDEL) shows decent fundamentals with ROCE of 24.6% and ROE of 17.5%. The debt-to-equity ratio is very low (0.05), which is a positive. Current price (1,982 ₹) is below both DMA 50 (2,076 ₹) and DMA 200 (2,160 ₹), indicating weakness in trend. RSI at 43.3 suggests the stock is approaching oversold territory, while MACD (-13.0) signals bearish momentum. Quarterly PAT dropped significantly (530 Cr. vs 816 Cr.), raising caution. Valuation is stretched with P/E of 27.0 compared to industry PE of 18.5, and PEG ratio of 3.39 suggests limited growth potential.
Optimal Entry Price: Around 1,900–1,950 ₹ (near support zone).
Exit Strategy if Holding: Consider booking profits near 2,100–2,150 ₹ unless momentum strengthens above 2,160 ₹ resistance.
✅ Positive
- Strong ROCE (24.6%) and ROE (17.5%).
- Debt-to-equity ratio of 0.05 ensures financial stability.
- DII holdings increased (+1.50%), showing domestic investor confidence.
- Large market cap of 58,463 Cr. adds stability.
⚠️ Limitation
- Quarterly PAT dropped sharply (530 Cr. vs 816 Cr.).
- Stock trades below both DMA 50 and DMA 200, indicating weak momentum.
- FII holdings decreased (-0.77%), showing reduced foreign interest.
- High PEG ratio (3.39) limits growth prospects.
📰 Company Negative News
- No major negative news reported, but profit decline and weak technicals are concerns.
🌟 Company Positive News
- Strong efficiency metrics (ROCE and ROE).
- Debt-free balance sheet enhances financial flexibility.
- Domestic institutional investors increased their stake.
🏭 Industry
- Industry P/E at 18.5 suggests Coromandel trades at a premium.
- Agriculture and fertilizer sector remains cyclical but essential, with long-term demand stability.
📌 Conclusion
Coromandel International is a moderate candidate for swing trading. Entry around 1,900–1,950 ₹ offers a safer risk-reward setup, while exit near 2,100–2,150 ₹ is advisable unless momentum strengthens above 2,160 ₹. Strong fundamentals and low debt are positives, but profit decline and premium valuation warrant cautious optimism.
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