ENRIN - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.9
| Stock Code | ENRIN | Market Cap | 92,680 Cr. | Current Price | 2,605 ₹ | High / Low | 3,625 ₹ |
| Stock P/E | 83.8 | Book Value | 123 ₹ | Dividend Yield | 0.15 % | ROCE | 39.0 % |
| ROE | 29.1 % | Face Value | 2.00 ₹ | DMA 50 | 2,633 ₹ | DMA 200 | 2,896 ₹ |
| Chg in FII Hold | 1.05 % | Chg in DII Hold | -1.35 % | PAT Qtr | 360 Cr. | PAT Prev Qtr | 263 Cr. |
| RSI | 58.1 | MACD | -41.7 | Volume | 10,09,680 | Avg Vol 1Wk | 6,83,399 |
| Low price | 2,105 ₹ | High price | 3,625 ₹ | Debt to equity | 0.03 | 52w Index | 32.9 % |
| Qtr Profit Var | % | EPS | 30.9 ₹ | Industry PE | 40.7 |
📊 ENRIN shows good potential for swing trading. The current price (2,605 ₹) is near the 50 DMA (2,633 ₹) but below the 200 DMA (2,896 ₹), suggesting consolidation with mild weakness. RSI at 58.1 indicates neutral-to-positive momentum, while MACD (-41.7) reflects short-term bearish divergence. Fundamentals are strong with ROCE (39.0%) and ROE (29.1%), supported by very low debt-to-equity (0.03). Quarterly PAT improved from 263 Cr. to 360 Cr., showing earnings growth. However, the high P/E (83.8 vs industry PE of 40.7) raises valuation concerns, and DII holdings declined (-1.35%) despite FII inflows (+1.05%).
💡 Optimal Entry Price: Around 2,550–2,580 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 2,950–3,050 ₹ (resistance zone close to 200 DMA) or if RSI crosses 65 with weakening momentum.
✅ Positive
- Strong ROCE (39.0%) and ROE (29.1%) highlight operational efficiency.
- EPS of 30.9 ₹ supports earnings visibility.
- Debt-to-equity ratio of 0.03 shows virtually no leverage risk.
- Quarterly PAT growth from 263 Cr. to 360 Cr. reflects improving profitability.
⚠️ Limitation
- High P/E of 83.8 compared to industry PE of 40.7 suggests overvaluation.
- MACD remains negative, signaling weak short-term momentum.
- Dividend yield of 0.15% is negligible.
- DII holdings decreased (-1.35%), showing reduced domestic institutional support.
📉 Company Negative News
- Valuation concerns due to high P/E.
- Weak technical indicators (negative MACD).
📈 Company Positive News
- Quarterly PAT improved significantly, showing earnings growth.
- Strong efficiency ratios (ROCE and ROE).
- FII holdings increased (+1.05%), reflecting foreign investor confidence.
🏭 Industry
- Industry PE at 40.7 vs ENRIN’s 83.8 highlights premium valuation.
- Energy and infrastructure sector remains in growth phase, supported by demand expansion.
🔎 Conclusion
ENRIN is a moderately attractive swing trade candidate. Entry near 2,550–2,580 ₹ offers a favorable risk-reward setup, with exit targets around 2,950–3,050 ₹. Strong fundamentals and profit growth support the stock, but high valuations and weak technical momentum suggest cautious trading. Suitable for traders monitoring resistance levels and institutional flows closely.