EXIDEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.5
| Stock Code | EXIDEIND | Market Cap | 25,636 Cr. | Current Price | 302 ₹ | High / Low | 431 ₹ |
| Stock P/E | 24.2 | Book Value | 180 ₹ | Dividend Yield | 0.66 % | ROCE | 10.2 % |
| ROE | 7.62 % | Face Value | 1.00 ₹ | DMA 50 | 330 ₹ | DMA 200 | 364 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.24 % | PAT Qtr | 264 Cr. | PAT Prev Qtr | 221 Cr. |
| RSI | 37.6 | MACD | -9.34 | Volume | 14,90,693 | Avg Vol 1Wk | 19,81,809 |
| Low price | 291 ₹ | High price | 431 ₹ | PEG Ratio | 3.33 | Debt to equity | 0.02 |
| 52w Index | 7.88 % | Qtr Profit Var | 7.84 % | EPS | 12.4 ₹ | Industry PE | 23.7 |
📊 EXIDEIND shows fair fundamentals with ROCE (10.2%) and ROE (7.62%), supported by a low debt-to-equity ratio (0.02). The P/E of 24.2 is aligned with the industry average (23.7), suggesting fair valuation. EPS of 12.4 ₹ and quarterly PAT growth (264 Cr. vs 221 Cr.) highlight earnings stability. However, technical indicators (RSI 37.6, MACD -9.34) suggest bearish momentum, and the stock is trading below DMA 50 (330 ₹) and DMA 200 (364 ₹). This makes EXIDEIND a moderate swing trade candidate with cautious positioning.
💡 Optimal Entry Price: Around 295–305 ₹ (close to support zone near 291 ₹).
📉 Exit Strategy (if already holding): Consider booking profits near 325–335 ₹ (DMA 50 resistance) unless momentum improves.
Positive
- P/E of 24.2 is in line with industry average, showing fair valuation.
- Low debt-to-equity ratio (0.02) indicates strong financial stability.
- Quarterly PAT growth (+7.84%) highlights earnings resilience.
- DII holdings increased (+0.24%), showing domestic institutional support.
Limitation
- Current price (302 ₹) is below DMA 50 and DMA 200, reflecting technical weakness.
- RSI and MACD indicate bearish momentum.
- ROCE (10.2%) and ROE (7.62%) are modest compared to peers.
- PEG ratio of 3.33 suggests valuation is stretched relative to growth.
Company Negative News
- Stock trading below key moving averages, reflecting short-term weakness.
- Volume lower than average (14,90,693 vs 19,81,809), showing reduced trading activity.
Company Positive News
- Quarterly PAT improved (264 Cr. vs 221 Cr.).
- FII holdings increased slightly (+0.03%), showing foreign investor confidence.
- Dividend yield of 0.66% provides modest income support.
Industry
- Industry P/E is 23.7, while company P/E is 24.2, showing fair valuation.
- Battery and energy storage sector remains resilient, supported by EV demand and infrastructure growth.
Conclusion
✅ EXIDEIND is a moderately good swing trade candidate. Strong earnings stability and fair valuation support potential upside, but weak technicals require caution. Entry near 295–305 ₹ offers favorable risk-reward, with exit targets around 325–335 ₹. A strict stop-loss near 290 ₹ is advisable to manage downside risk.