COROMANDEL - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.2
| Stock Code | COROMANDEL | Market Cap | 58,292 Cr. | Current Price | 1,974 ₹ | High / Low | 2,720 ₹ |
| Stock P/E | 26.9 | Book Value | 410 ₹ | Dividend Yield | 0.61 % | ROCE | 24.6 % |
| ROE | 17.5 % | Face Value | 1.00 ₹ | DMA 50 | 2,183 ₹ | DMA 200 | 2,204 ₹ |
| Chg in FII Hold | -0.72 % | Chg in DII Hold | 0.91 % | PAT Qtr | 530 Cr. | PAT Prev Qtr | 816 Cr. |
| RSI | 34.4 | MACD | -75.1 | Volume | 2,22,409 | Avg Vol 1Wk | 2,70,726 |
| Low price | 1,855 ₹ | High price | 2,720 ₹ | PEG Ratio | 3.38 | Debt to equity | 0.05 |
| 52w Index | 13.7 % | Qtr Profit Var | 0.86 % | EPS | 76.1 ₹ | Industry PE | 17.2 |
📊 Coromandel International (COROMANDEL) has strong fundamentals with high ROCE (24.6%) and ROE (17.5%), but technical indicators are weak (RSI 34.4, MACD -75.1, price below 50 & 200 DMA). This suggests bearish momentum, making it a cautious swing trade candidate.
💡 Optimal Entry Price: Around ₹1,860–1,900, near recent support levels.
📈 Exit Strategy (if already holding): Consider exiting near ₹2,150–2,200 if recovery occurs, or cut losses if price falls below ₹1,850 decisively.
Positive
- Strong ROCE (24.6%) and ROE (17.5%) indicate efficient capital use.
- Low debt-to-equity ratio (0.05) ensures financial stability.
- EPS of ₹76.1 reflects solid earnings power.
- Large market cap (₹58,292 Cr.) adds credibility and liquidity.
Limitation
- Stock P/E (26.9) is higher than industry average (17.2), suggesting premium valuation.
- PEG ratio of 3.38 indicates expensive valuation relative to growth.
- Price trading below both 50 DMA (2,183) and 200 DMA (2,204), confirming bearish trend.
- Dividend yield of 0.61% is relatively low.
Company Negative News
- FII holdings decreased (-0.72%), showing reduced foreign investor confidence.
- PAT dropped from ₹816 Cr. to ₹530 Cr., indicating earnings pressure.
Company Positive News
- DII holdings increased (+0.91%), reflecting domestic institutional support.
- Quarterly profit variation (+0.86%) shows slight improvement sequentially.
Industry
- Industry P/E at 17.2 is lower than Coromandel’s, suggesting the stock trades at a premium.
- Agriculture and fertilizer sector remains essential, with demand tied to crop cycles and government policies.
Conclusion
⚖️ Coromandel International is fundamentally strong but technically weak at present. It may be suitable for cautious swing traders who enter near support (~₹1,860–1,900) and exit near resistance (~₹2,150–2,200). Risk management is essential, as momentum indicators suggest limited upside in the short term.