FINCABLES - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.7
| Stock Code | FINCABLES | Market Cap | 11,391 Cr. | Current Price | 746 ₹ | High / Low | 1,060 ₹ |
| Stock P/E | 18.9 | Book Value | 314 ₹ | Dividend Yield | 1.07 % | ROCE | 16.2 % |
| ROE | 12.4 % | Face Value | 2.00 ₹ | DMA 50 | 754 ₹ | DMA 200 | 843 ₹ |
| Chg in FII Hold | -0.48 % | Chg in DII Hold | -0.11 % | PAT Qtr | 187 Cr. | PAT Prev Qtr | 139 Cr. |
| RSI | 50.8 | MACD | -9.08 | Volume | 1,26,657 | Avg Vol 1Wk | 1,41,458 |
| Low price | 701 ₹ | High price | 1,060 ₹ | PEG Ratio | 1.81 | Debt to equity | 0.00 |
| 52w Index | 12.7 % | Qtr Profit Var | 27.9 % | EPS | 39.3 ₹ | Industry PE | 18.6 |
📊 FINCABLES shows moderate potential for swing trading. The fundamentals are decent with ROCE (16.2%) and ROE (12.4%), debt-free status (0.00), and consistent profitability (EPS 39.3 ₹). The P/E ratio (18.9) is close to the industry average (18.6), suggesting fair valuation. Technically, the stock is trading near its 50 DMA (754 ₹) but below its 200 DMA (843 ₹), indicating short-term consolidation. RSI at 50.8 is neutral, while MACD (-9.08) signals mild bearishness. Quarterly PAT growth (+27.9%) is a positive driver, though institutional holdings have slightly declined.
💡 Optimal Entry Price: Around 730–745 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 820–840 ₹ (resistance zone close to 200 DMA) unless momentum strengthens further.
✅ Positive
- Debt-free balance sheet (Debt-to-equity 0.00).
- EPS of 39.3 ₹ highlights strong profitability.
- Quarterly PAT improved from 139 Cr. to 187 Cr. (+27.9%).
- Dividend yield of 1.07% provides shareholder returns.
- P/E ratio aligned with industry average, suggesting fair valuation.
⚠️ Limitation
- Stock trading below 200 DMA (843 ₹), showing medium-term weakness.
- MACD negative (-9.08), signaling short-term bearishness.
- Volume lower than weekly average, showing reduced trading activity.
- PEG ratio of 1.81 suggests moderate overvaluation relative to growth.
📉 Company Negative News
- FII holdings decreased (-0.48%), showing reduced foreign investor confidence.
- DII holdings also declined slightly (-0.11%).
📈 Company Positive News
- Quarterly PAT growth (+27.9%) indicates strong operational performance.
- Debt-free status strengthens financial stability.
- Dividend yield adds shareholder value.
🏭 Industry
- Industry PE at 18.6, nearly equal to company’s PE (18.9), suggesting fair valuation.
- Cable and electrical sector outlook remains steady with infrastructure demand.
🔎 Conclusion
FINCABLES is fundamentally stable and fairly valued, but technically weak in the medium term. It offers a cautious swing trade opportunity with entry around 730–745 ₹ and exit near 820–840 ₹. Traders should monitor momentum indicators closely before aggressive entry, as upside potential depends on a breakout above 200 DMA.