FINCABLES - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | FINCABLES | Market Cap | 15,546 Cr. | Current Price | 1,016 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 25.3 | Book Value | 314 ₹ | Dividend Yield | 0.79 % | ROCE | 16.2 % |
| ROE | 12.4 % | Face Value | 2.00 ₹ | DMA 50 | 886 ₹ | DMA 200 | 858 ₹ |
| Chg in FII Hold | 0.20 % | Chg in DII Hold | 0.67 % | PAT Qtr | 136 Cr. | PAT Prev Qtr | 187 Cr. |
| RSI | 71.9 | MACD | 43.6 | Volume | 5,28,686 | Avg Vol 1Wk | 4,64,368 |
| Low price | 701 ₹ | High price | 1,028 ₹ | PEG Ratio | 2.43 | Debt to equity | 0.00 |
| 52w Index | 96.3 % | Qtr Profit Var | 9.71 % | EPS | 40.1 ₹ | Industry PE | 24.4 |
Analysis: FINCABLES shows strong potential for swing trading. RSI at 71.9 indicates overbought conditions but also strong bullish momentum. MACD is highly positive (43.6), confirming upward trend. Current price (1,016 ₹) is above both 50 DMA (886 ₹) and 200 DMA (858 ₹), reflecting strong technical strength. Valuation is fair with a P/E of 25.3 compared to industry average of 24.4. Quarterly PAT declined (136 Cr vs 187 Cr), but overall fundamentals remain solid with ROCE at 16.2% and ROE at 12.4%. Debt-to-equity is 0.00, showing excellent financial health. Volumes are higher than average, indicating strong investor interest.
Optimal Entry: Entry is favorable near 980–990 ₹ support zone.
Exit Strategy: If already holding, consider exiting near 1,050–1,070 ₹ resistance unless momentum continues strongly.
✅ Positive
- Market cap of 15,546 Cr provides stability.
- Stock trades above both 50 DMA and 200 DMA, showing strong technical strength.
- ROCE (16.2%) and ROE (12.4%) reflect healthy efficiency.
- Debt-to-equity ratio of 0.00 shows excellent financial discipline.
- Dividend yield of 0.79% provides steady returns.
- Volumes are higher than average, showing strong investor participation.
⚠️ Limitation
- RSI at 71.9 indicates overbought conditions, risk of short-term correction.
- Quarterly PAT declined (136 Cr vs 187 Cr).
- PEG ratio of 2.43 suggests limited growth relative to valuation.
📉 Company Negative News
- Quarterly PAT dropped compared to previous quarter.
📈 Company Positive News
- FII holdings increased (+0.20%), showing foreign investor confidence.
- DII holdings increased (+0.67%), showing domestic investor support.
- EPS at 40.1 ₹ supports valuation strength.
🏭 Industry
- Industry P/E at 24.4 is aligned with FINCABLES valuation, suggesting fair pricing.
- Sector growth remains strong with demand in cables and electrical infrastructure.
🔎 Conclusion
FINCABLES is a strong candidate for swing trading with bullish technical signals and solid fundamentals. Entry near 980–990 ₹ offers a favorable risk-reward setup. Exit near 1,050–1,070 ₹ resistance is advisable unless momentum continues with strong volumes. Overbought RSI suggests caution for short-term corrections, but overall outlook remains positive.