EIDPARRY - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.3
| Stock Code | EIDPARRY | Market Cap | 16,131 Cr. | Current Price | 907 ₹ | High / Low | 1,247 ₹ |
| Stock P/E | 805 | Book Value | 127 ₹ | Dividend Yield | 0.00 % | ROCE | 1.66 % |
| ROE | -0.79 % | Face Value | 1.00 ₹ | DMA 50 | 969 ₹ | DMA 200 | 988 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.71 % | PAT Qtr | 40.7 Cr. | PAT Prev Qtr | -27.9 Cr. |
| RSI | 42.6 | MACD | -27.1 | Volume | 1,75,605 | Avg Vol 1Wk | 1,45,086 |
| Low price | 639 ₹ | High price | 1,247 ₹ | Debt to equity | 0.43 | 52w Index | 44.1 % |
| Qtr Profit Var | 44.2 % | EPS | -38.9 ₹ | Industry PE | 21.5 |
📊 Based on the given parameters, EIDPARRY does not appear to be a strong candidate for swing trading at present. The extremely high P/E ratio, negative ROE, and weak technical indicators (RSI below 50, MACD negative) suggest limited upside momentum. The stock is trading below both its 50 DMA and 200 DMA, indicating bearish sentiment. However, recent quarterly profit recovery is a positive sign.
💡 Optimal Entry Price: Around 850–870 ₹ (closer to support levels).
🚪 Exit Strategy: If already holding, consider exiting near 950–970 ₹ (resistance zone around DMA levels) unless momentum improves significantly.
✅ Positive
- Quarterly profit turnaround: PAT improved from -27.9 Cr. to 40.7 Cr.
- Volume higher than weekly average, showing short-term trading interest.
- Debt-to-equity ratio at 0.43, relatively manageable.
⚠️ Limitation
- Extremely high P/E (805) compared to industry PE (21.5).
- Negative EPS (-38.9 ₹) and ROE (-0.79 %) indicate weak fundamentals.
- Dividend yield is 0%, offering no passive income support.
📉 Company Negative News
- Weak return ratios (ROCE 1.66 %, ROE negative).
- FII holding decreased (-0.16 %), showing reduced foreign investor confidence.
📈 Company Positive News
- Strong quarterly profit variation (+44.2 %).
- DII holding increased (+0.71 %), indicating domestic institutional support.
🏭 Industry
- Industry PE is 21.5, far below the company’s valuation, highlighting overvaluation.
- Sector performance stable, but company-specific fundamentals are weak.
🔎 Conclusion
The stock shows short-term trading interest but is fundamentally overvalued and technically weak. It may offer limited swing opportunities only near support levels (850–870 ₹) with cautious exit around resistance (950–970 ₹). Risk remains high due to poor fundamentals.