EXIDEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.4
| Stock Code | EXIDEIND | Market Cap | 32,436 Cr. | Current Price | 382 ₹ | High / Low | 431 ₹ |
| Stock P/E | 29.0 | Book Value | 173 ₹ | Dividend Yield | 0.53 % | ROCE | 10.3 % |
| ROE | 7.68 % | Face Value | 1.00 ₹ | DMA 50 | 365 ₹ | DMA 200 | 360 ₹ |
| Chg in FII Hold | -0.61 % | Chg in DII Hold | 0.42 % | PAT Qtr | 312 Cr. | PAT Prev Qtr | 264 Cr. |
| RSI | 52.2 | MACD | 8.25 | Volume | 16,47,155 | Avg Vol 1Wk | 20,17,282 |
| Low price | 287 ₹ | High price | 431 ₹ | PEG Ratio | 3.32 | Debt to equity | 0.03 |
| 52w Index | 65.8 % | Qtr Profit Var | 22.7 % | EPS | 13.1 ₹ | Industry PE | 28.0 |
📊 EXIDEIND shows fair fundamentals and moderate technical strength for swing trading. The P/E ratio (29.0) is slightly above industry average (28.0), suggesting fair valuation. ROCE (10.3%) and ROE (7.68%) are modest, while EPS of 13.1 ₹ supports profitability. Debt-to-equity is very low (0.03), which is positive. RSI at 52.2 is neutral, MACD at 8.25 signals mild bullishness, and the stock trades above both 50 DMA (365 ₹) and 200 DMA (360 ₹), confirming an uptrend. PAT improved (312 Cr vs 264 Cr), with quarterly profit variation at +22.7%. However, FII holdings decreased (-0.61%), offset by DII support (+0.42%).
💡 Optimal Entry Price: Around 360–370 ₹ (near DMA support).
📈 Exit Strategy: If already holding, consider exiting near 410–420 ₹ (short-term resistance) or trail stop-loss if momentum continues.
Positive
- 📌 [Fair Valuation](ca://s?q=EXIDEIND_PE_ratio): P/E of 29.0 is close to industry average (28.0).
- 📌 [Low Debt](ca://s?q=EXIDEIND_debt_equity): Debt-to-equity ratio of 0.03 shows financial stability.
- 📌 [Profit Growth](ca://s?q=EXIDEIND_quarterly_profit_growth): PAT increased from 264 Cr to 312 Cr (+22.7%).
- 📌 [DII Support](ca://s?q=EXIDEIND_DII_holdings): Domestic institutional investors increased holdings by 0.42%.
Limitation
- ⚠️ [Weak Returns](ca://s?q=EXIDEIND_low_ROCE_ROE): ROCE at 10.3% and ROE at 7.68% are modest.
- ⚠️ [FII Reduction](ca://s?q=EXIDEIND_FII_holdings): Foreign institutional investors reduced holdings by 0.61%.
- ⚠️ [High PEG Ratio](ca://s?q=EXIDEIND_PEG_ratio): PEG ratio of 3.32 indicates expensive growth.
Company Negative News
- ❌ [FII Exit](ca://s?q=EXIDEIND_FII_exit): Foreign investors reduced holdings.
- ❌ [Modest ROE](ca://s?q=EXIDEIND_ROE): ROE of 7.68% reflects limited efficiency.
Company Positive News
- ✅ [Profit Growth](ca://s?q=EXIDEIND_profit_growth): PAT rose by 22.7% quarter-on-quarter.
- ✅ [Strong EPS](ca://s?q=EXIDEIND_EPS): EPS of 13.1 ₹ supports valuation.
- ✅ [Dividend Yield](ca://s?q=EXIDEIND_dividend_yield): Yield of 0.53% provides shareholder returns.
- ✅ [Market Cap Strength](ca://s?q=EXIDEIND_market_cap): Market cap of 32,436 Cr indicates industry relevance.
Industry
- 🏭 [Industry PE](ca://s?q=Battery_industry_PE): Industry average P/E is 28.0, close to EXIDEIND’s valuation.
- 🏭 [Sector Outlook](ca://s?q=Battery_sector_outlook): Battery sector benefits from EV adoption and energy storage demand.
Conclusion
📈 EXIDEIND is a moderately good candidate for swing trading. Fundamentals are fair, debt is negligible, and technicals show mild bullishness. Entry near 360–370 ₹ offers a favorable setup, with exit targets around 410–420 ₹. Risks include modest ROE/ROCE and FII reduction, but profit growth and industry relevance make it suitable for cautious swing trades.