FINCABLES - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.9
| Stock Code | FINCABLES | Market Cap | 12,995 Cr. | Current Price | 850 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 21.2 | Book Value | 314 ₹ | Dividend Yield | 0.94 % | ROCE | 16.2 % |
| ROE | 12.4 % | Face Value | 2.00 ₹ | DMA 50 | 830 ₹ | DMA 200 | 846 ₹ |
| Chg in FII Hold | -0.48 % | Chg in DII Hold | -0.11 % | PAT Qtr | 136 Cr. | PAT Prev Qtr | 187 Cr. |
| RSI | 48.9 | MACD | 16.7 | Volume | 3,63,414 | Avg Vol 1Wk | 4,01,887 |
| Low price | 701 ₹ | High price | 1,028 ₹ | PEG Ratio | 2.03 | Debt to equity | 0.00 |
| 52w Index | 45.5 % | Qtr Profit Var | 9.71 % | EPS | 40.1 ₹ | Industry PE | 19.1 |
📊 FINCABLES shows strong fundamentals with ROCE (16.2%) and ROE (12.4%), supported by zero debt-to-equity ratio, which indicates excellent financial stability. The P/E of 21.2 is slightly above the industry average (19.1), suggesting fair valuation. EPS of 40.1 ₹ and consistent profitability highlight strength, though quarterly PAT declined (136 Cr. vs 187 Cr.). Technical indicators are supportive (RSI 48.9, MACD 16.7), and the stock is trading near DMA 50 (830 ₹) and DMA 200 (846 ₹), making it a good candidate for swing trading.
💡 Optimal Entry Price: Around 840–850 ₹ (near DMA support).
📉 Exit Strategy (if already holding): Consider booking profits near 900–920 ₹ unless momentum strengthens further.
Positive
- Strong ROCE (16.2%) and ROE (12.4%) indicate efficient capital utilization.
- Zero debt-to-equity ratio shows excellent financial stability.
- EPS of 40.1 ₹ supports valuation strength.
- Dividend yield of 0.94% provides modest income support.
- Technical indicators (RSI and MACD) suggest potential upside momentum.
Limitation
- Quarterly PAT declined (136 Cr. vs 187 Cr.), showing earnings pressure.
- P/E of 21.2 is slightly above industry average, indicating mild premium valuation.
- PEG ratio of 2.03 suggests valuation is stretched relative to growth.
Company Negative News
- FII holdings decreased (-0.48%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.11%), reflecting mild domestic weakness.
Company Positive News
- EPS remains strong at 40.1 ₹.
- Dividend yield of 0.94% adds investor appeal.
- Technical indicators (MACD positive) suggest short-term bullishness.
Industry
- Industry P/E is 19.1, while company P/E is 21.2, showing slight premium valuation.
- Cables and electrical sector remains resilient, supported by infrastructure and industrial demand.
Conclusion
✅ FINCABLES is a strong swing trade candidate. Solid fundamentals, zero debt, and supportive technicals make it attractive. Entry near 840–850 ₹ offers favorable risk-reward, with exit targets around 900–920 ₹. A strict stop-loss near 820 ₹ is advisable to manage downside risk.