CREDITACC - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.9
| Stock Code | CREDITACC | Market Cap | 22,548 Cr. | Current Price | 1,408 ₹ | High / Low | 1,568 ₹ |
| Stock P/E | 29.0 | Book Value | 490 ₹ | Dividend Yield | 0.00 % | ROCE | 9.98 % |
| ROE | 10.5 % | Face Value | 10.0 ₹ | DMA 50 | 1,311 ₹ | DMA 200 | 1,280 ₹ |
| Chg in FII Hold | 1.26 % | Chg in DII Hold | -0.64 % | PAT Qtr | 340 Cr. | PAT Prev Qtr | 252 Cr. |
| RSI | 63.1 | MACD | 25.2 | Volume | 1,23,029 | Avg Vol 1Wk | 2,42,917 |
| Low price | 1,100 ₹ | High price | 1,568 ₹ | PEG Ratio | -14.6 | Debt to equity | 3.01 |
| 52w Index | 65.8 % | Qtr Profit Var | 619 % | EPS | 48.5 ₹ | Industry PE | 24.7 |
CreditAccess Grameen shows strong quarterly profit growth and positive technical indicators, with RSI at 63.1 and MACD positive. However, fundamentals reveal concerns: high debt-to-equity ratio, modest ROCE and ROE, and negative PEG ratio. While FII holdings increased, DII holdings declined. This makes it a moderately strong candidate for swing trading, but risk management is essential.
💡 Optimal Entry Price: Around 1,350–1,370 ₹ (near support levels close to DMA 50).
📈 Exit Strategy: If already holding, consider booking profits near 1,500–1,540 ₹ (close to recent highs) or exit if price falls below 1,300 ₹ (DMA 50 support).
✅ Positive
- 📈 Strong quarterly PAT growth from 252 Cr. to 340 Cr. (+619%).
- 📊 EPS at 48.5 ₹ provides a solid earnings base.
- 📉 Price trading above DMA 50 and DMA 200, confirming bullish momentum.
- 📈 Increase in FII holding (+1.26%) signals foreign investor confidence.
⚠️ Limitation
- 📉 High debt-to-equity ratio of 3.01 raises financial risk.
- 📉 Weak ROCE at 9.98% and ROE at 10.5% indicate limited efficiency.
- 📉 Negative PEG ratio (-14.6) suggests unsustainable valuation relative to growth.
- 📉 Dividend yield at 0.00% offers no income appeal.
📰 Company Negative News
- 📉 Decline in DII holding (-0.64%) shows reduced domestic institutional support.
- 📉 High leverage with debt-to-equity at 3.01 increases risk exposure.
🌟 Company Positive News
- 📈 Strong quarterly profit growth (+619%) boosts investor sentiment.
- 📊 Increase in FII holding (+1.26%) reflects foreign investor confidence.
🏭 Industry
- 📊 Industry P/E at 24.7, lower than CreditAccess’s 29.0, suggesting sector is moderately valued.
- 📈 Microfinance industry remains growth-oriented, driven by rural credit demand.
📌 Conclusion
CreditAccess Grameen presents a mixed swing trade opportunity. Strong profit growth and technical momentum are positives, but high debt and weak efficiency metrics limit upside. Entry is favorable near 1,350–1,370 ₹, with profit booking advised around 1,500–1,540 ₹. Risk management is crucial due to leverage and valuation concerns.