COROMANDEL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.8
| Stock Code | COROMANDEL | Market Cap | 59,432 Cr. | Current Price | 2,015 ₹ | High / Low | 2,720 ₹ |
| Stock P/E | 28.3 | Book Value | 423 ₹ | Dividend Yield | 0.55 % | ROCE | 25.4 % |
| ROE | 17.9 % | Face Value | 1.00 ₹ | DMA 50 | 1,938 ₹ | DMA 200 | 2,081 ₹ |
| Chg in FII Hold | -0.77 % | Chg in DII Hold | 1.50 % | PAT Qtr | 228 Cr. | PAT Prev Qtr | 530 Cr. |
| RSI | 60.1 | MACD | 34.3 | Volume | 7,24,275 | Avg Vol 1Wk | 5,60,294 |
| Low price | 1,706 ₹ | High price | 2,720 ₹ | PEG Ratio | 24.0 | Debt to equity | 0.07 |
| 52w Index | 30.4 % | Qtr Profit Var | -27.0 % | EPS | 68.1 ₹ | Industry PE | 15.9 |
Coromandel International shows strong fundamentals with healthy ROCE and ROE, low debt, and solid market capitalization. However, the high PEG ratio, declining quarterly profits, and reduced FII holdings raise caution. Technically, the stock is trading above its 50 DMA but slightly below its 200 DMA, with RSI at 60.1 and MACD positive, suggesting mild bullish momentum. It is a cautious candidate for swing trading with moderate upside potential.
💡 Optimal Entry Price: Around 1,950–1,980 ₹ (near support levels close to DMA 50).
📈 Exit Strategy: If already holding, consider booking profits near 2,100–2,150 ₹ or exit if price falls below 1,930 ₹ (DMA 50 support).
✅ Positive
- 📈 Strong ROCE at 25.4% and ROE at 17.9% show efficient capital use.
- 💰 Low debt-to-equity ratio of 0.07 ensures financial stability.
- 📊 Large market cap of 59,432 Cr. adds stability.
- 📉 Price trading above DMA 50, showing short-term bullish support.
⚠️ Limitation
- 📉 High PEG ratio at 24.0 suggests poor valuation relative to growth.
- 📉 Decline in quarterly PAT (-27%) indicates earnings pressure.
- 📉 Dividend yield at 0.55% is relatively low.
📰 Company Negative News
- 📉 Reduced FII holding (-0.77%) shows waning foreign investor confidence.
- 📉 PAT dropped sharply from 530 Cr. to 228 Cr. in the latest quarter.
🌟 Company Positive News
- 📈 Increase in DII holding (+1.50%) signals strong domestic institutional support.
- 📊 EPS at 68.1 ₹ reflects solid earnings base despite recent decline.
🏭 Industry
- 📊 Industry P/E at 15.9, significantly lower than Coromandel’s 28.3, suggesting sector is more moderately valued.
- 📈 Agrochemicals and fertilizers industry remains essential, with long-term demand stability.
📌 Conclusion
Coromandel International presents a cautious swing trade opportunity. Strong fundamentals and institutional support are positives, but high valuation and declining profits limit upside. Entry is favorable near 1,950–1,980 ₹, with profit booking advised around 2,100–2,150 ₹. Risk management is essential due to earnings volatility and valuation concerns.