ENGINERSIN - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | ENGINERSIN | Market Cap | 9,927 Cr. | Current Price | 177 ₹ | High / Low | 255 ₹ |
| Stock P/E | 19.2 | Book Value | 47.9 ₹ | Dividend Yield | 2.26 % | ROCE | 24.4 % |
| ROE | 18.4 % | Face Value | 5.00 ₹ | DMA 50 | 188 ₹ | DMA 200 | 197 ₹ |
| Chg in FII Hold | 0.74 % | Chg in DII Hold | -0.36 % | PAT Qtr | 115 Cr. | PAT Prev Qtr | 70.1 Cr. |
| RSI | 43.4 | MACD | -6.71 | Volume | 23,79,942 | Avg Vol 1Wk | 24,46,418 |
| Low price | 142 ₹ | High price | 255 ₹ | PEG Ratio | 1.91 | Debt to equity | 0.01 |
| 52w Index | 30.5 % | Qtr Profit Var | 45.2 % | EPS | 9.19 ₹ | Industry PE | 17.4 |
📊 ENGINERSIN shows moderate potential for swing trading. The fundamentals are strong with ROCE (24.4%) and ROE (18.4%), very low debt-to-equity (0.01), and a healthy dividend yield (2.26%). The P/E ratio (19.2) is slightly above the industry average (17.4), suggesting fair valuation. Technically, the stock is trading below both 50 DMA (188 ₹) and 200 DMA (197 ₹), indicating short-term weakness. RSI at 43.4 and MACD (-6.71) confirm bearish momentum. However, quarterly PAT growth (+45.2%) and increased FII holdings provide positive sentiment.
💡 Optimal Entry Price: Around 170–175 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 190–195 ₹ (resistance zone around DMA levels) unless momentum improves.
✅ Positive
- Strong ROCE (24.4%) and ROE (18.4%) reflect efficient capital use.
- Debt-to-equity ratio of 0.01 shows virtually debt-free status.
- Dividend yield of 2.26% provides attractive shareholder returns.
- PAT improved significantly from 70.1 Cr. to 115 Cr. (+45.2%).
- FII holdings increased (+0.74%), showing foreign investor confidence.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- RSI at 43.4 and MACD negative (-6.71), indicating weak momentum.
- Volume slightly below weekly average, showing reduced trading activity.
- PEG ratio of 1.91 suggests moderate overvaluation relative to growth.
📉 Company Negative News
- DII holdings decreased (-0.36%), showing reduced domestic institutional support.
- Technical indicators point to short-term bearishness.
📈 Company Positive News
- Quarterly profit growth (+45.2%) with PAT rising to 115 Cr.
- EPS of 9.19 ₹ highlights consistent profitability.
- Strong fundamentals compared to industry peers.
🏭 Industry
- Industry PE at 17.4, slightly lower than company’s PE (19.2), suggesting fair valuation.
- Engineering services sector outlook remains stable with government infrastructure push.
🔎 Conclusion
ENGINERSIN is fundamentally strong but technically weak in the short term. It offers a cautious swing trade opportunity with entry around 170–175 ₹ and exit near 190–195 ₹. Traders should monitor momentum indicators closely before aggressive entry, as valuation is fair but technical weakness persists.