IDBI - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.3
| Stock Code | IDBI | Market Cap | 75,419 Cr. | Current Price | 70.2 ₹ | High / Low | 118 ₹ |
| Stock P/E | 7.84 | Book Value | 64.0 ₹ | Dividend Yield | 2.99 % | ROCE | 6.76 % |
| ROE | 13.6 % | Face Value | 10.0 ₹ | DMA 50 | 101 ₹ | DMA 200 | 97.1 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 0.01 % | PAT Qtr | 1,935 Cr. | PAT Prev Qtr | 3,627 Cr. |
| RSI | 19.5 | MACD | -8.37 | Volume | 3,20,54,745 | Avg Vol 1Wk | 5,58,05,437 |
| Low price | 69.8 ₹ | High price | 118 ₹ | PEG Ratio | 0.17 | Debt to equity | 4.87 |
| 52w Index | 0.64 % | Qtr Profit Var | 1.42 % | EPS | 8.95 ₹ | Industry PE | 14.3 |
📊 IDBI stock shows weak momentum for swing trading. The RSI at 19.5 indicates oversold conditions, but the price is trading far below both the 50 DMA (101 ₹) and 200 DMA (97.1 ₹), confirming a bearish trend. The MACD is negative (-8.37), reinforcing downward momentum. While valuation metrics such as low P/E (7.84) and PEG ratio (0.17) look attractive, the high debt-to-equity ratio (4.87) and declining quarterly profits raise caution.
💡 Optimal Entry Price: Around 69–71 ₹, close to the recent low of 69.8 ₹, but only if reversal signals appear with volume support.
🚪 Exit Strategy (if already holding): Consider exiting near 80–85 ₹ if a rebound occurs, or cut losses if the price falls below 68 ₹ with strong volume.
Positive
- Low P/E compared to industry average (7.84 vs 14.3).
- Strong dividend yield of 2.99% provides income cushion.
- Book value (64 ₹) close to current price, limiting downside risk.
- ROE at 13.6% shows decent profitability.
Limitation
- Price trading well below 50 DMA and 200 DMA indicates bearish trend.
- High debt-to-equity ratio (4.87) raises financial risk.
- Quarterly profit dropped from 3,627 Cr. to 1,935 Cr.
- Weak ROCE (6.76%) compared to peers.
Company Negative News
- Declining quarterly profits signal operational challenges.
- Weak technical indicators (RSI, MACD) suggest continued selling pressure.
Company Positive News
- Stable institutional holdings (FII +0.05%, DII +0.01%) show confidence.
- Strong market cap of 75,419 Cr. ensures liquidity.
- Dividend payout remains consistent.
Industry
- Industry P/E at 14.3 indicates sector is valued higher than IDBI.
- Banking sector remains volatile due to credit risks and regulatory changes.
Conclusion
⚠️ IDBI is currently not an ideal candidate for swing trading due to weak technicals and declining profits. While valuation looks attractive, the bearish trend and high debt levels make it risky. Traders should wait for a clear reversal signal before entering. If already holding, monitor closely and exit on rebounds near 80–85 ₹.