IDEA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.3
| Stock Code | IDEA | Market Cap | 96,756 Cr. | Current Price | 8.94 ₹ | High / Low | 12.8 ₹ |
| Book Value | -7.58 ₹ | Dividend Yield | 0.00 % | ROCE | -2.07 % | ROE | % |
| Face Value | 10.0 ₹ | DMA 50 | 10.4 ₹ | DMA 200 | 9.71 ₹ | Chg in FII Hold | 0.00 % |
| Chg in DII Hold | 0.85 % | PAT Qtr | -6,406 Cr. | PAT Prev Qtr | -5,622 Cr. | RSI | 29.1 |
| MACD | -0.48 | Volume | 67,67,08,403 | Avg Vol 1Wk | 57,09,69,364 | Low price | 6.12 ₹ |
| High price | 12.8 ₹ | 52w Index | 42.2 % | Qtr Profit Var | 3.45 % | EPS | -2.64 ₹ |
| Industry PE | 35.8 |
📊 IDEA shows very weak potential for swing trading. The RSI at 29.1 indicates oversold conditions, which could trigger a short-term bounce. However, the MACD is negative (-0.48), and the stock is trading below both its 50 DMA (10.4 ₹) and 200 DMA (9.71 ₹), reflecting bearish momentum. Fundamentals are poor, with negative book value (-7.58 ₹), negative ROCE (-2.07%), and consistent losses (PAT -6,406 Cr. vs -5,622 Cr.). EPS is negative (-2.64 ₹), and the company has no dividend yield. Despite high trading volumes, the financial weakness makes this a highly speculative swing candidate.
💡 Optimal Entry Price: Around 8.5–9.0 ₹ (near support zone).
📈 Exit Strategy if Holding: Consider exiting near 10.2–10.5 ₹ (close to 50 DMA resistance) if a short-term bounce occurs.
Positive
- Strong trading volumes indicate active market participation.
- DII holdings increased (+0.85%), showing some domestic institutional support.
- 52-week performance shows recovery potential (+42.2%).
Limitation
- Negative book value (-7.58 ₹) highlights weak financials.
- Consistent losses with negative PAT and EPS.
- Stock trading below DMA 50 and DMA 200, showing bearish technicals.
- No dividend yield, limiting investor returns.
Company Negative News
- Quarterly losses widened (PAT -6,406 Cr. vs -5,622 Cr.).
- Negative ROCE (-2.07%) and ROE indicate poor efficiency.
Company Positive News
- DII holdings increased (+0.85%), showing domestic confidence.
- High trading volumes suggest speculative interest.
Industry
- Industry P/E at 35.8 highlights IDEA’s lack of profitability compared to peers.
- Telecom sector remains competitive but financially challenging for weaker players.
Conclusion
⚖️ IDEA is fundamentally weak with heavy losses and negative book value, making it a highly speculative swing trade. While oversold RSI and strong volumes may trigger a short-term bounce, risk is very high. Entry near 8.5–9.0 ₹ with an exit around 10.2–10.5 ₹ is possible, but strict risk management is essential.