ENRIN - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | ENRIN | Market Cap | 1,18,131 Cr. | Current Price | 3,321 ₹ | High / Low | 3,625 ₹ |
| Stock P/E | 96.8 | Book Value | 123 ₹ | Dividend Yield | 0.12 % | ROCE | 67.8 % |
| ROE | 50.5 % | Face Value | 2.00 ₹ | DMA 50 | 2,921 ₹ | DMA 200 | 2,892 ₹ |
| Chg in FII Hold | 0.38 % | Chg in DII Hold | -0.08 % | PAT Qtr | 351 Cr. | PAT Prev Qtr | 360 Cr. |
| RSI | 73.7 | MACD | 142 | Volume | 3,84,164 | Avg Vol 1Wk | 5,92,815 |
| Low price | 2,105 ₹ | High price | 3,625 ₹ | Debt to equity | 0.03 | 52w Index | 80.0 % |
| Qtr Profit Var | 51.7 % | EPS | ₹ | Industry PE | 37.8 |
Analysis: ENRIN is trading at ₹3,321, above both 50 DMA (₹2,921) and 200 DMA (₹2,892), confirming strong bullish momentum. RSI at 73.7 indicates overbought conditions, while MACD at 142 shows strong upward momentum. Fundamentals are impressive with ROCE (67.8%) and ROE (50.5%), reflecting exceptional efficiency. However, valuation is stretched (P/E 96.8 vs Industry PE 37.8), and quarterly PAT declined slightly (₹360 Cr. to ₹351 Cr.). Institutional activity shows FII support (+0.38%) but slight DII reduction (-0.08%). Overall, the stock is technically strong but expensive, making it suitable for short-term swing trades with caution.
Optimal Entry Price: ₹3,250–₹3,300, ideally after a minor pullback from overbought levels.
Exit Strategy: If already holding, consider booking profits near ₹3,550–₹3,600 resistance, or exit if price falls below ₹3,200.
✅ Positive
- Exceptional ROCE (67.8%) and ROE (50.5%) highlight strong efficiency.
- Price trading above both 50 DMA and 200 DMA confirms bullish momentum.
- Low debt-to-equity ratio (0.03) ensures financial stability.
- FII holdings increased (+0.38%), showing foreign investor confidence.
⚠️ Limitation
- High valuation with P/E 96.8 vs Industry PE 37.8.
- RSI at 73.7 signals overbought conditions, risk of short-term correction.
- Quarterly PAT declined slightly (₹360 Cr. to ₹351 Cr.).
- Trading volume below weekly average, showing weaker participation.
📉 Company Negative News
- Minor decline in quarterly PAT.
- DII holdings decreased (-0.08%), showing reduced domestic support.
📈 Company Positive News
- Quarterly profit variation (+51.7%) shows strong year-on-year growth.
- Stock trading at 80% of its 52-week range, reflecting resilience.
- Strong institutional support from foreign investors.
🏭 Industry
- Industry PE at 37.8, much lower than ENRIN’s PE (96.8), showing premium valuation.
- Sector outlook remains stable, supporting medium-term swing opportunities.
🔎 Conclusion
ENRIN is a strong swing trade candidate with excellent fundamentals and bullish technicals. Entry near ₹3,250–₹3,300 offers a safer margin, while exit should be targeted around ₹3,550–₹3,600 resistance. High valuation and overbought RSI warrant caution, but strong efficiency and institutional support make it attractive for momentum-driven trades.