IEX - Swing Trade Analysis with AI Signals
Back to ListHere’s a structured swing trade analysis for Indian Energy Exchange (IEX) based on the provided parameters
Swing Trade Rating: 4.0
| Stock Code | IEX | Market Cap | 11,020 Cr. | Current Price | 124 ₹ | High / Low | 212 ₹ |
| Stock P/E | 23.3 | Book Value | 14.6 ₹ | Dividend Yield | 2.83 % | ROCE | 51.8 % |
| ROE | 39.4 % | Face Value | 1.00 ₹ | DMA 50 | 125 ₹ | DMA 200 | 135 ₹ |
| Chg in FII Hold | 2.74 % | Chg in DII Hold | -4.69 % | PAT Qtr | 124 Cr. | PAT Prev Qtr | 115 Cr. |
| RSI | 49.2 | MACD | -1.11 | Volume | 45,81,702 | Avg Vol 1Wk | 41,69,730 |
| Low price | 114 ₹ | High price | 212 ₹ | PEG Ratio | 1.18 | Debt to equity | 0.01 |
| 52w Index | 9.32 % | Qtr Profit Var | 10.7 % | EPS | 5.31 ₹ | Industry PE | 54.0 |
📊 IEX shows good potential for swing trading. The stock is trading near its 50 DMA (125 ₹) and slightly below its 200 DMA (135 ₹), reflecting consolidation. RSI at 49.2 suggests neutral momentum, while MACD (-1.11) indicates mild bearishness. Fundamentals are strong with high ROCE (51.8%) and ROE (39.4%), low debt-to-equity (0.01), and stable PAT growth (₹115 Cr. → ₹124 Cr.). Valuation is fair with P/E (23.3 vs industry 54.0) and PEG ratio (1.18). Institutional activity is mixed with FII buying (+2.74%) and DII selling (-4.69%).
💡 Optimal Entry Price: Around 120–122 ₹ (near support zone).
📈 Exit Strategy (if already holding): Consider booking profits near 135–140 ₹ (resistance zone below recent high of 212 ₹). Use a stop-loss around 115 ₹ to manage risk.
Positive
- ✅ Strong ROCE (51.8%) and ROE (39.4%).
- ✅ Low debt-to-equity ratio (0.01), showing financial stability.
- ✅ Dividend yield of 2.83% adds investor confidence.
- ✅ PAT growth (₹115 Cr. → ₹124 Cr.) shows earnings stability.
- ✅ Increase in FII holdings (+2.74%).
Limitation
- ⚠️ Stock trading below 200 DMA, showing medium-term weakness.
- ⚠️ MACD (-1.11) indicates mild bearish trend.
- ⚠️ Decline in DII holdings (-4.69%).
- ⚠️ EPS (5.31 ₹) modest compared to valuation.
Company Negative News
- ❌ Decline in DII holdings (-4.69%).
- ❌ Technical weakness below 200 DMA.
Company Positive News
- ✅ Increase in FII holdings (+2.74%).
- ✅ PAT growth and stable earnings.
- ✅ Strong efficiency metrics (ROCE and ROE).
Industry
- ⚡ Industry P/E at 54.0, much higher than IEX’s 23.3, suggesting undervaluation.
- 📈 Power exchange sector benefits from rising electricity demand and market liberalization.
Conclusion
🔎 IEX is a strong swing trade candidate with excellent fundamentals and undervaluation relative to peers. Entry near ₹120–122 with exit around ₹135–140 is advisable. Risk management is essential due to technical weakness and reduced DII support.
Would you like me to extend this into a sector overlay or a peer benchmarking to refine the swing trade outlook?