EXIDEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.4
| Stock Code | EXIDEIND | Market Cap | 29,040 Cr. | Current Price | 342 ₹ | High / Low | 431 ₹ |
| Stock P/E | 27.4 | Book Value | 180 ₹ | Dividend Yield | 0.59 % | ROCE | 10.2 % |
| ROE | 7.62 % | Face Value | 1.00 ₹ | DMA 50 | 351 ₹ | DMA 200 | 377 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.24 % | PAT Qtr | 264 Cr. | PAT Prev Qtr | 221 Cr. |
| RSI | 51.6 | MACD | -9.04 | Volume | 90,00,214 | Avg Vol 1Wk | 40,88,140 |
| Low price | 308 ₹ | High price | 431 ₹ | PEG Ratio | 3.77 | Debt to equity | 0.02 |
| 52w Index | 27.0 % | Qtr Profit Var | 7.84 % | EPS | 12.4 ₹ | Industry PE | 28.7 |
📊 EXIDEIND shows moderate potential for swing trading. The fundamentals are fair with ROCE (10.2%) and ROE (7.62%), low debt-to-equity (0.02), and consistent profitability (EPS 12.4 ₹). The P/E ratio (27.4) is close to the industry average (28.7), suggesting fair valuation. Technically, the stock is trading below both 50 DMA (351 ₹) and 200 DMA (377 ₹), indicating short-term weakness. RSI at 51.6 is neutral, while MACD (-9.04) signals bearish sentiment. Strong trading volume above weekly average suggests active market interest. Overall, the stock offers cautious swing trade potential.
💡 Optimal Entry Price: Around 330–340 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 360–370 ₹ (resistance zone around DMA levels) unless momentum strengthens further.
✅ Positive
- EPS of 12.4 ₹ highlights consistent profitability.
- Debt-to-equity ratio of 0.02 shows virtually debt-free status.
- PAT improved from 221 Cr. to 264 Cr. (+7.84%).
- Dividend yield of 0.59% provides shareholder returns.
- Strong trading volume above weekly average indicates active interest.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- ROCE (10.2%) and ROE (7.62%) are relatively weak compared to peers.
- MACD negative (-9.04), signaling short-term bearishness.
- PEG ratio of 3.77 suggests overvaluation relative to growth.
📉 Company Negative News
- Return ratios remain weak despite profitability.
- Technical indicators point to short-term weakness.
📈 Company Positive News
- Quarterly PAT growth (+7.84%) shows steady improvement.
- FII (+0.03%) and DII (+0.24%) holdings increased, showing institutional support.
- Dividend yield adds shareholder value.
🏭 Industry
- Industry PE at 28.7, close to company’s PE (27.4), suggesting fair valuation.
- Battery and energy storage sector outlook remains positive with EV demand growth.
🔎 Conclusion
EXIDEIND is fundamentally stable but technically weak in the short term. It offers a cautious swing trade opportunity with entry around 330–340 ₹ and exit near 360–370 ₹. Traders should monitor momentum indicators closely before aggressive entry, as upside potential depends on a breakout above DMA levels.