ENGINERSIN - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.6

📈 Analysis: ENGINERSIN presents a mixed setup for swing trading. While the fundamentals are solid — with high ROCE (24.4%) and ROE (18.4%) — the technical indicators suggest caution. The current price of ₹198 is below both the 50 DMA (₹203) and 200 DMA (₹202), indicating short-term weakness. RSI at 44.5 and negative MACD (-0.35) reflect bearish momentum. The recent sharp drop in quarterly PAT and reduced institutional holdings further dampen sentiment.

🎯 Optimal Entry Price: ₹190–₹195 (near support zone and oversold territory)

🚪 Exit Strategy (if holding): Consider exiting near ₹215–₹225 (next resistance zone) or if RSI crosses 65 with volume confirmation.

✅ Positive

• 📊 Strong ROCE (24.4%) and ROE (18.4%) — efficient capital deployment
• 💸 Low debt (Debt/Equity: 0.01) — financially stable
• 💰 Attractive dividend yield (2.02%) — adds income cushion
• 📉 PEG ratio of 2.30 — moderate growth valuation

⚠️ Limitation

• 📉 Price trading below key moving averages (DMA 50 & 200)
• 📉 Negative MACD and RSI below 50 — weak momentum
• 📉 Decline in FII (-0.13%) and DII (-0.56%) holdings
• 📉 Sharp drop in quarterly PAT (from ₹243 Cr. to ₹70.1 Cr.)

📰 Company Negative News

• Significant drop in quarterly profit may reflect operational or demand-side challenges

🌟 Company Positive News

• Consistent dividend payout and strong capital efficiency metrics support long-term investor confidence

🏭 Industry

• Industry P/E is 22.2 — ENGINERSIN trades slightly above, suggesting fair valuation
• Engineering services sector remains cyclical but benefits from infrastructure and industrial capex trends

🧾 Conclusion

ENGINERSIN is a moderately attractive swing trade candidate with strong fundamentals but weak short-term technicals. Entry near ₹190–₹195 offers a favorable risk-reward if momentum improves. Watch for volume spikes and RSI recovery before committing. Exit near resistance or on trend reversal signals.

I can also chart its RSI and MACD trends over the past 3 months to visualize momentum shifts.