ENRIN - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | ENRIN | Market Cap | 98,105 Cr. | Current Price | 2,755 ₹ | High / Low | 3,625 ₹ |
| Stock P/E | 80.4 | Book Value | 123 ₹ | Dividend Yield | 0.15 % | ROCE | 39.0 % |
| ROE | 29.1 % | Face Value | 2.00 ₹ | DMA 50 | 2,775 ₹ | DMA 200 | 2,878 ₹ |
| Chg in FII Hold | 1.05 % | Chg in DII Hold | -1.35 % | PAT Qtr | 351 Cr. | PAT Prev Qtr | 360 Cr. |
| RSI | 46.3 | MACD | 26.7 | Volume | 2,08,552 | Avg Vol 1Wk | 2,94,333 |
| Low price | 2,105 ₹ | High price | 3,625 ₹ | Debt to equity | 0.03 | 52w Index | 42.8 % |
| Qtr Profit Var | 51.7 % | EPS | ₹ | Industry PE | 31.3 |
📊 ENRIN trades at ₹2,755, close to its 50DMA (₹2,775) and 200DMA (₹2,878), showing neutral technical positioning. Indicators (RSI 46.3, MACD 26.7) suggest mild bullish momentum. Fundamentals are strong with excellent ROCE and ROE, very low debt, and consistent profits, but valuation is expensive compared to industry PE. This makes ENRIN a good swing trade candidate with caution on valuation.
💡 Optimal Entry Price: Around ₹2,730–2,760 (near DMA support).
🔔 Exit Strategy if Holding: Consider exiting near ₹2,850–2,900 (around 200DMA resistance) unless momentum strengthens further.
✅ Positive
- ROCE at 39% and ROE at 29.1% show excellent profitability.
- Debt-to-equity ratio of 0.03 indicates strong financial stability.
- Quarterly PAT stable at ₹351 Cr. vs ₹360 Cr.
- FII holdings increased by 1.05%, showing foreign confidence.
⚠️ Limitation
- High P/E of 80.4 compared to industry PE of 31.3.
- Dividend yield is low at 0.15%.
- DII holdings decreased by 1.35%, showing reduced domestic confidence.
- Quarterly profit slightly declined from ₹360 Cr. to ₹351 Cr.
📉 Company Negative News
- Valuation is expensive relative to industry peers.
- Slight decline in quarterly profits.
- DII stake reduced, showing weaker domestic sentiment.
📈 Company Positive News
- Strong ROCE and ROE compared to peers.
- Low debt enhances financial resilience.
- FII confidence reflected in increased holdings.
🏭 Industry
- Industry PE at 31.3, much lower than ENRIN’s valuation.
- Energy and infrastructure sector benefits from rising demand and government initiatives.
- Global energy transition supports long-term growth but adds volatility.
🔎 Conclusion
ENRIN is financially strong with excellent profitability and low debt, but expensive compared to industry peers and facing slight profit decline. It is a good swing trade candidate if entered near ₹2,730–2,760 with a target around ₹2,850–2,900. Risk management is important due to high valuation and sector volatility.