HINDCOPPER - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.8
| Stock Code | HINDCOPPER | Market Cap | 49,294 Cr. | Current Price | 510 ₹ | High / Low | 760 ₹ |
| Stock P/E | 49.8 | Book Value | 34.6 ₹ | Dividend Yield | 0.29 % | ROCE | 42.4 % |
| ROE | 32.9 % | Face Value | 5.00 ₹ | DMA 50 | 535 ₹ | DMA 200 | 468 ₹ |
| Chg in FII Hold | -0.22 % | Chg in DII Hold | -0.18 % | PAT Qtr | 444 Cr. | PAT Prev Qtr | 227 Cr. |
| RSI | 40.9 | MACD | -11.3 | Volume | 29,40,184 | Avg Vol 1Wk | 40,17,793 |
| Low price | 226 ₹ | High price | 760 ₹ | PEG Ratio | 1.00 | Debt to equity | 0.03 |
| 52w Index | 53.1 % | Qtr Profit Var | 133 % | EPS | 9.52 ₹ | Industry PE | 52.7 |
HINDCOPPER shows moderate potential for swing trading. The RSI at 40.9 indicates weak momentum, while MACD (-11.3) reflects bearish sentiment. The stock is trading below its 50 DMA (535 ₹) but above its 200 DMA (468 ₹), suggesting short-term weakness with medium-term support. Fundamentals like ROCE (42.4%) and ROE (32.9%) are strong, while valuation remains slightly stretched with a P/E of 49.8 compared to industry PE of 52.7.
💡 Optimal Entry Price: Around 490–505 ₹, closer to support levels near 468 ₹.
📈 Exit Strategy (if already holding): Consider booking profits near 540–560 ₹, or trail stop-loss if momentum strengthens toward 600 ₹.
🌟 Positive
- Strong ROCE (42.4%) and ROE (32.9%) highlight efficiency.
- PEG ratio of 1.00 suggests fair valuation relative to growth.
- Low Debt-to-Equity ratio (0.03) shows financial stability.
- Quarterly PAT growth from 227 Cr. to 444 Cr. (+133%).
- EPS of 9.52 ₹ supports earnings visibility.
⚠️ Limitation
- Stock trading below 50 DMA (535 ₹) shows short-term weakness.
- Negative MACD (-11.3) highlights bearish momentum.
- Dividend yield of 0.29% is negligible.
- Volume (29.4 lakh) is lower than 1-week average (40.1 lakh), showing reduced participation.
📰 Company Negative News
- Decline in FII holdings (-0.22%) and DII holdings (-0.18%) shows reduced institutional confidence.
📈 Company Positive News
- Quarterly PAT doubled, showing strong earnings momentum.
- EPS of 9.52 ₹ highlights valuation strength.
🏭 Industry
- Metals and mining industry benefits from global demand for copper, though commodity price volatility remains a risk.
- Industry PE at 52.7 vs HINDCOPPER’s 49.8 shows fair valuation.
🔎 Conclusion
HINDCOPPER is fundamentally strong but technically weak in the short term. For swing trading, entry near 490–505 ₹ is favorable, with exit around 540–560 ₹. Traders should remain cautious due to weak momentum and reduced institutional support, while strong fundamentals provide medium-term confidence.
Would you like me to also compare HINDCOPPER’s swing trade outlook with peers like Hindustan Zinc, Vedanta, or NALCO to identify stronger opportunities?