ICICIGI - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | ICICIGI | Market Cap | 89,243 Cr. | Current Price | 1,792 ₹ | High / Low | 2,075 ₹ |
| Stock P/E | 32.6 | Book Value | 331 ₹ | Dividend Yield | 0.70 % | ROCE | 24.9 % |
| ROE | 18.8 % | Face Value | 10.0 ₹ | DMA 50 | 1,889 ₹ | DMA 200 | 1,907 ₹ |
| Chg in FII Hold | -0.69 % | Chg in DII Hold | 0.84 % | PAT Qtr | 659 Cr. | PAT Prev Qtr | 820 Cr. |
| RSI | 32.3 | MACD | -20.7 | Volume | 7,00,875 | Avg Vol 1Wk | 6,90,803 |
| Low price | 1,660 ₹ | High price | 2,075 ₹ | PEG Ratio | 1.28 | Debt to equity | 0.00 |
| 52w Index | 31.8 % | Qtr Profit Var | -9.06 % | EPS | 55.0 ₹ | Industry PE | 32.6 |
📊 ICICIGI shows strong fundamentals but weak short-term technicals. The RSI at 32.3 indicates oversold conditions, suggesting a potential rebound. However, the MACD (-20.7) and price trading below both the 50 DMA (₹1,889) and 200 DMA (₹1,907) reflect bearish sentiment. Fundamentals remain solid with ROCE (24.9%) and ROE (18.8%), though quarterly PAT declined (-9.06%). Valuation is fair with a P/E of 32.6, in line with industry P/E of 32.6, and PEG ratio (1.28) suggests moderate growth potential. Debt-free balance sheet adds stability.
💡 Optimal Entry Price: ₹1,770–₹1,800, near current levels and close to support.
📈 Exit Strategy (if already holding): Consider exiting around ₹1,880–₹1,910 (near 200 DMA resistance) unless momentum strengthens further.
✅ Positive
- Strong ROCE (24.9%) and ROE (18.8%) indicate efficient capital use.
- EPS of ₹55 supports valuation strength.
- Debt-free balance sheet (Debt-to-equity ratio 0.00).
- DII holdings increased (+0.84%), showing domestic institutional support.
⚠️ Limitation
- Quarterly PAT declined from ₹820 Cr. to ₹659 Cr. (-9.06%).
- Stock trading below both 50 DMA and 200 DMA reflects short-term weakness.
- Dividend yield of 0.70% is modest.
📉 Company Negative News
- FII holdings declined (-0.69%), showing reduced foreign investor confidence.
- Weak technical indicators (RSI, MACD, DMA trend) limit short-term upside.
📈 Company Positive News
- DII holdings increased (+0.84%), showing domestic support.
- EPS of ₹55 reflects solid profitability.
- Debt-free balance sheet adds financial stability.
🏭 Industry
- Insurance sector remains resilient with steady demand.
- Industry P/E at 32.6 makes ICICIGI fairly valued (P/E 32.6).
🔎 Conclusion
ICICIGI is fundamentally strong with solid profitability and a debt-free balance sheet but faces short-term technical weakness. It may be suitable for swing trading if entered near ₹1,770–₹1,800, with a target around ₹1,880–₹1,910. Traders should monitor RSI recovery and volume trends before committing heavily.