FINCABLES - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | FINCABLES | Market Cap | 17,758 Cr. | Current Price | 1,164 ₹ | High / Low | 1,185 ₹ |
| Stock P/E | 28.5 | Book Value | 333 ₹ | Dividend Yield | 0.69 % | ROCE | 16.6 % |
| ROE | 12.8 % | Face Value | 2.00 ₹ | DMA 50 | 1,017 ₹ | DMA 200 | 916 ₹ |
| Chg in FII Hold | 0.20 % | Chg in DII Hold | 0.67 % | PAT Qtr | 161 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 64.8 | MACD | 25.2 | Volume | 6,33,497 | Avg Vol 1Wk | 7,86,772 |
| Low price | 701 ₹ | High price | 1,185 ₹ | PEG Ratio | 3.82 | Debt to equity | 0.00 |
| 52w Index | 95.6 % | Qtr Profit Var | 6.14 % | EPS | 40.7 ₹ | Industry PE | 26.1 |
📊 FINCABLES shows strong fundamentals and favorable technicals for swing trading. ROCE (16.6%) and ROE (12.8%) are healthy, EPS of 40.7 ₹ supports profitability, and debt-to-equity is negligible (0.00). The P/E ratio (28.5) is slightly above industry average (26.1), suggesting fair valuation. RSI at 64.8 indicates moderate strength, while MACD at 25.2 signals bullish momentum. The stock trades above both 50 DMA (1,017 ₹) and 200 DMA (916 ₹), confirming an uptrend. PAT improved (161 Cr vs 136 Cr), with quarterly profit variation at +6.14%. FII holdings increased (+0.20%) and DII holdings rose (+0.67%), showing institutional support.
💡 Optimal Entry Price: Around 1,010–1,030 ₹ (near 50 DMA support).
📈 Exit Strategy: If already holding, consider exiting near 1,170–1,185 ₹ (recent high resistance) or trail stop-loss to lock gains if momentum continues.
Positive
- 📌 [Strong ROCE](ca://s?q=FINCABLES_ROCE): ROCE of 16.6% reflects efficient capital use.
- 📌 [Healthy ROE](ca://s?q=FINCABLES_ROE): ROE of 12.8% indicates solid shareholder returns.
- 📌 [Low Debt](ca://s?q=FINCABLES_debt_equity): Debt-to-equity ratio of 0.00 shows financial stability.
- 📌 [Institutional Support](ca://s?q=FINCABLES_FII_DII_holdings): Both FII and DII holdings increased.
Limitation
- ⚠️ [High PEG Ratio](ca://s?q=FINCABLES_PEG_ratio): PEG ratio of 3.82 indicates expensive growth.
- ⚠️ [Valuation Slightly High](ca://s?q=FINCABLES_PE_ratio): P/E ratio of 28.5 is above industry average (26.1).
- ⚠️ [Volume Weakness](ca://s?q=FINCABLES_trading_volume): Current trading volume is lower than 1-week average.
Company Negative News
- ❌ [High PEG Ratio](ca://s?q=FINCABLES_growth_concern): Indicates growth may be priced expensively.
- ❌ [Volume Decline](ca://s?q=FINCABLES_volume_decline): Trading activity is below average.
Company Positive News
- ✅ [Profit Growth](ca://s?q=FINCABLES_profit_growth): PAT rose from 136 Cr to 161 Cr (+6.14%).
- ✅ [Strong EPS](ca://s?q=FINCABLES_EPS): EPS of 40.7 ₹ supports valuation.
- ✅ [Dividend Yield](ca://s?q=FINCABLES_dividend_yield): Yield of 0.69% provides shareholder returns.
- ✅ [Market Cap Strength](ca://s?q=FINCABLES_market_cap): Market cap of 17,758 Cr indicates industry relevance.
Industry
- 🏭 [Industry PE](ca://s?q=Cable_industry_PE): Industry average P/E is 26.1, slightly lower than FINCABLES’s valuation.
- 🏭 [Sector Outlook](ca://s?q=Cable_sector_outlook): Cable and electrical sector benefits from infrastructure growth and industrial demand.
Conclusion
📈 FINCABLES is a strong candidate for swing trading. Fundamentals are solid, debt is negligible, and technicals show bullish momentum. Entry near 1,010–1,030 ₹ offers a favorable setup, with exit targets around 1,170–1,185 ₹. Risks include high PEG ratio and lower trading volume, but overall strength and institutional support make it attractive for short-term gains.