FORTIS - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.9
| Stock Code | FORTIS | Market Cap | 72,695 Cr. | Current Price | 963 ₹ | High / Low | 1,105 ₹ |
| Stock P/E | 357 | Book Value | 122 ₹ | Dividend Yield | 0.10 % | ROCE | 3.96 % |
| ROE | 2.23 % | Face Value | 10.0 ₹ | DMA 50 | 943 ₹ | DMA 200 | 895 ₹ |
| Chg in FII Hold | -1.86 % | Chg in DII Hold | 2.02 % | PAT Qtr | 33.0 Cr. | PAT Prev Qtr | 24.7 Cr. |
| RSI | 51.8 | MACD | 7.23 | Volume | 12,63,181 | Avg Vol 1Wk | 16,65,642 |
| Low price | 741 ₹ | High price | 1,105 ₹ | PEG Ratio | 6.42 | Debt to equity | 0.23 |
| 52w Index | 60.9 % | Qtr Profit Var | 382 % | EPS | 3.05 ₹ | Industry PE | 46.3 |
📊 FORTIS shows weak fundamentals and high valuation risk for swing trading. The P/E ratio (357) is far above industry average (46.3), suggesting severe overvaluation. ROCE (3.96%) and ROE (2.23%) are poor, while EPS of 3.05 ₹ is modest. Debt-to-equity is manageable at 0.23. RSI at 51.8 is neutral, and MACD at 7.23 shows mild bullishness. The stock trades above both 50 DMA (943 ₹) and 200 DMA (895 ₹), confirming an uptrend. PAT improved (33 Cr vs 24.7 Cr), with quarterly profit variation at +382%. FII holdings decreased (-1.86%), while DII holdings increased (+2.02%).
💡 Optimal Entry Price: Around 940–950 ₹ (near 50 DMA support).
📈 Exit Strategy: If already holding, consider exiting near 1,000–1,050 ₹ (short-term resistance) or trail stop-loss if momentum weakens.
Positive
- 📌 [Profit Growth](ca://s?q=FORTIS_quarterly_profit_growth): PAT increased from 24.7 Cr to 33 Cr (+382%).
- 📌 [DII Support](ca://s?q=FORTIS_DII_holdings): Domestic institutional investors increased holdings by 2.02%.
- 📌 [Uptrend Confirmation](ca://s?q=FORTIS_DMA_trend): Stock trades above both 50 DMA and 200 DMA.
Limitation
- ⚠️ [Extreme Valuation](ca://s?q=FORTIS_high_PE): P/E ratio of 357 is far above industry average (46.3).
- ⚠️ [Weak Profitability](ca://s?q=FORTIS_low_ROCE_ROE): ROCE at 3.96% and ROE at 2.23% are poor.
- ⚠️ [Low EPS](ca://s?q=FORTIS_EPS): EPS of 3.05 ₹ is weak relative to valuation.
Company Negative News
- ❌ [FII Exit](ca://s?q=FORTIS_FII_exit): Foreign investors reduced holdings by 1.86%.
- ❌ [High PEG Ratio](ca://s?q=FORTIS_PEG_ratio): PEG ratio of 6.42 indicates expensive growth.
Company Positive News
- ✅ [Profit Growth](ca://s?q=FORTIS_profit_growth): PAT rose by 382% quarter-on-quarter.
- ✅ [Market Cap Strength](ca://s?q=FORTIS_market_cap): Market cap of 72,695 Cr indicates industry relevance.
Industry
- 🏭 [Industry PE](ca://s?q=Healthcare_industry_PE): Industry average P/E is 46.3, much lower than FORTIS’s valuation.
- 🏭 [Sector Outlook](ca://s?q=Healthcare_sector_outlook): Healthcare sector benefits from rising demand, but valuations remain sensitive to earnings performance.
Conclusion
📉 FORTIS is a weak candidate for swing trading due to extreme valuation and poor profitability metrics. Entry near 940–950 ₹ may offer a cautious setup, but upside is limited to 1,000–1,050 ₹. Risks include overvaluation, weak ROCE/ROE, and FII reduction, making this stock suitable only for high-risk traders with strict stop-loss discipline.