EIDPARRY - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.1
| Stock Code | EIDPARRY | Market Cap | 14,167 Cr. | Current Price | 796 ₹ | High / Low | 1,247 ₹ |
| Stock P/E | 403 | Book Value | 127 ₹ | Dividend Yield | 0.00 % | ROCE | 1.66 % |
| ROE | -0.79 % | Face Value | 1.00 ₹ | DMA 50 | 885 ₹ | DMA 200 | 955 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.71 % | PAT Qtr | -54.4 Cr. | PAT Prev Qtr | 40.7 Cr. |
| RSI | 36.3 | MACD | -28.4 | Volume | 1,27,439 | Avg Vol 1Wk | 1,76,171 |
| Low price | 687 ₹ | High price | 1,247 ₹ | Debt to equity | 0.43 | 52w Index | 19.5 % |
| Qtr Profit Var | 21.7 % | EPS | -33.7 ₹ | Industry PE | 20.2 |
📊 Based on the given parameters, EIDPARRY does not appear to be a strong candidate for swing trading at present. The stock shows weak fundamentals, poor profitability, and negative technical signals. The RSI at 36.3 indicates oversold conditions, but the high P/E of 403 and negative EPS (-33.7 ₹) suggest valuation concerns. The MACD is negative (-28.4), showing bearish momentum.
💡 Optimal Entry Price: Around 720–740 ₹ (closer to support zone near 687 ₹).
📉 Exit Strategy (if already holding): Consider exiting near 850–870 ₹ (DMA 50 resistance) unless momentum improves.
Positive
- Debt-to-equity ratio at 0.43 indicates manageable leverage.
- DII holdings increased (+0.71%), showing some institutional confidence.
- Stock trading near oversold RSI levels, potential short-term bounce.
Limitation
- Extremely high P/E (403) compared to industry average (20.2).
- Negative EPS (-33.7 ₹) and poor ROE (-0.79%).
- Dividend yield is 0%, offering no income support.
Company Negative News
- Recent quarterly PAT dropped to -54.4 Cr. from +40.7 Cr.
- Weak ROCE (1.66%) indicates poor capital efficiency.
- FII holdings decreased (-0.16%), showing reduced foreign investor confidence.
Company Positive News
- Quarterly profit variation shows resilience (+21.7%).
- Strong book value (127 ₹) compared to current price, offering some asset backing.
Industry
- Industry P/E is 20.2, far below the company’s valuation, highlighting overpricing.
- Sector performance stable, but company-specific fundamentals are weak.
Conclusion
⚠️ EIDPARRY is currently a weak swing trade candidate due to poor earnings, high valuation, and bearish technicals. While oversold RSI may trigger a short-term bounce, risks outweigh rewards. Entry should only be considered near strong support (720–740 ₹), with strict stop-loss discipline. Existing holders should look to exit near resistance levels (850–870 ₹) unless fundamentals improve.