HINDCOPPER - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.7
| Stock Code | HINDCOPPER | Market Cap | 45,503 Cr. | Current Price | 470 ₹ | High / Low | 760 ₹ |
| Stock P/E | 68.2 | Book Value | 30.9 ₹ | Dividend Yield | 0.31 % | ROCE | 23.8 % |
| ROE | 18.7 % | Face Value | 5.00 ₹ | DMA 50 | 533 ₹ | DMA 200 | 413 ₹ |
| Chg in FII Hold | 1.51 % | Chg in DII Hold | -0.43 % | PAT Qtr | 156 Cr. | PAT Prev Qtr | 186 Cr. |
| RSI | 33.5 | MACD | -23.0 | Volume | 1,31,02,409 | Avg Vol 1Wk | 1,36,72,994 |
| Low price | 184 ₹ | High price | 760 ₹ | PEG Ratio | 9.09 | Debt to equity | 0.05 |
| 52w Index | 49.8 % | Qtr Profit Var | 149 % | EPS | 6.90 ₹ | Industry PE | 93.9 |
📊 HINDCOPPER shows strong long-term momentum but faces short-term technical weakness. The RSI at 33.5 indicates oversold conditions, suggesting a potential rebound. However, the MACD (-23.0) and price trading below the 50 DMA (₹533) reflect bearish sentiment, though it remains above the 200 DMA (₹413). Fundamentals are decent with ROCE (23.8%) and ROE (18.7%), but valuation is stretched with a P/E of 68.2 compared to industry P/E of 93.9. Quarterly PAT declined from ₹186 Cr. to ₹156 Cr., raising caution, though EPS (₹6.90) and strong 52-week performance (+49.8%) support resilience.
💡 Optimal Entry Price: ₹460–₹475, near current levels and close to support.
📈 Exit Strategy (if already holding): Consider exiting around ₹525–₹540 (near 50 DMA resistance) unless momentum strengthens further.
✅ Positive
- Strong ROCE (23.8%) and ROE (18.7%) indicate efficient capital use.
- Low debt-to-equity ratio (0.05) shows financial stability.
- FII holdings increased (+1.51%), showing foreign investor confidence.
- 52-week index gain of 49.8% highlights strong long-term performance.
⚠️ Limitation
- High P/E (68.2) compared to industry average (93.9), making it expensive.
- Dividend yield of 0.31% is very low.
- PEG ratio of 9.09 suggests limited growth relative to valuation.
- Stock trading below 50 DMA reflects short-term weakness.
📉 Company Negative News
- DII holdings declined (-0.43%), showing reduced domestic institutional support.
- PAT dropped from ₹186 Cr. to ₹156 Cr., indicating earnings pressure.
📈 Company Positive News
- FII holdings increased (+1.51%), reflecting foreign investor confidence.
- Strong 52-week performance (+49.8%) shows resilience despite volatility.
🏭 Industry
- Metals and mining sector remains cyclical, influenced by global commodity prices.
- Industry P/E at 93.9 makes HINDCOPPER relatively less expensive (P/E 68.2).
🔎 Conclusion
HINDCOPPER is fundamentally stable with strong long-term performance but faces short-term technical weakness and valuation concerns. It may be suitable for swing trading if entered near ₹460–₹475, with a target around ₹525–₹540. Traders should monitor RSI recovery and volume trends before committing heavily.