ERIS - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.7
| Stock Code | ERIS | Market Cap | 18,755 Cr. | Current Price | 1,354 ₹ | High / Low | 1,910 ₹ |
| Stock P/E | 63.2 | Book Value | 203 ₹ | Dividend Yield | 0.54 % | ROCE | 6.86 % |
| ROE | 3.02 % | Face Value | 1.00 ₹ | DMA 50 | 1,371 ₹ | DMA 200 | 1,459 ₹ |
| Chg in FII Hold | -0.46 % | Chg in DII Hold | 0.04 % | PAT Qtr | 17.0 Cr. | PAT Prev Qtr | 150 Cr. |
| RSI | 48.9 | MACD | -2.79 | Volume | 38,898 | Avg Vol 1Wk | 96,516 |
| Low price | 1,200 ₹ | High price | 1,910 ₹ | PEG Ratio | -1.46 | Debt to equity | 0.79 |
| 52w Index | 21.6 % | Qtr Profit Var | 853 % | EPS | 20.8 ₹ | Industry PE | 30.2 |
Analysis: ERIS currently lacks strong swing trade potential. The RSI at 48.9 is neutral, MACD is negative (-2.79), and trading volume is significantly below the weekly average, showing weak momentum. The stock is trading under its 200 DMA (1,459 ₹), which indicates bearish sentiment. High P/E (63.2 vs industry 30.2) and low ROE (3.02%) make valuations unattractive. The sharp fall in quarterly PAT (17 Cr vs 150 Cr) adds further risk.
Optimal Entry: A safer entry point would be near the support zone around 1,200 ₹.
Exit Strategy: If already holding, consider exiting near 1,450–1,500 ₹ resistance unless momentum strengthens with higher volumes.
✅ Positive
- Large market cap of 18,755 Cr provides stability.
- Dividend yield of 0.54% offers minor returns.
- Debt-to-equity ratio of 0.79 is manageable.
- Quarterly profit variation shows 853% improvement from a weak base.
⚠️ Limitation
- High P/E ratio (63.2) compared to industry average (30.2).
- Low ROE (3.02%) and ROCE (6.86%) indicate weak efficiency.
- Trading volume is far below average, showing lack of interest.
- Negative MACD reflects bearish momentum.
📉 Company Negative News
- Quarterly PAT dropped sharply (17 Cr vs 150 Cr).
- FII holdings decreased (-0.46%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased slightly (+0.04%).
- EPS at 20.8 ₹ shows earnings consistency despite profit decline.
🏭 Industry
- Industry P/E at 30.2 is much lower than ERIS, highlighting overvaluation.
- Sector growth remains steady, but valuations are stretched.
🔎 Conclusion
ERIS is not an ideal swing trade candidate at current levels due to weak momentum, high valuation, and declining profits. Entry is only attractive near 1,200 ₹ support. If holding, exit near 1,450–1,500 ₹ resistance unless trend reverses with stronger volumes.