IEX - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.0
| Stock Code | IEX | Market Cap | 10,549 Cr. | Current Price | 118 ₹ | High / Low | 215 ₹ |
| Stock P/E | 22.8 | Book Value | 13.5 ₹ | Dividend Yield | 2.54 % | ROCE | 53.6 % |
| ROE | 40.5 % | Face Value | 1.00 ₹ | DMA 50 | 127 ₹ | DMA 200 | 144 ₹ |
| Chg in FII Hold | -1.78 % | Chg in DII Hold | -1.48 % | PAT Qtr | 115 Cr. | PAT Prev Qtr | 122 Cr. |
| RSI | 40.0 | MACD | -2.00 | Volume | 50,42,660 | Avg Vol 1Wk | 55,58,391 |
| Low price | 117 ₹ | High price | 215 ₹ | PEG Ratio | 1.88 | Debt to equity | 0.00 |
| 52w Index | 1.12 % | Qtr Profit Var | 11.6 % | EPS | 5.18 ₹ | Industry PE | 54.0 |
📊 IEX shows moderate potential for swing trading. The RSI at 40.0 suggests the stock is approaching oversold territory, while the MACD (-2.00) indicates mild bearish sentiment. The price is trading below both the 50 DMA (127 ₹) and 200 DMA (144 ₹), reflecting short-term weakness. Fundamentally, the company is strong with high ROCE (53.6%) and ROE (40.5%), zero debt, and a healthy dividend yield (2.54%). However, quarterly profits have declined slightly (PAT down from 122 Cr. to 115 Cr.), and FII (-1.78%) and DII (-1.48%) outflows show reduced institutional confidence. Valuation is moderate with a P/E of 22.8 compared to industry average of 54.0, suggesting relative undervaluation, though PEG ratio (1.88) indicates growth is priced expensively.
💡 Optimal Entry Price: Around 115–120 ₹, near current levels, with confirmation of reversal signals.
🚪 Exit Strategy (if already holding): Consider exiting near 130–135 ₹ if a rebound occurs, or cut losses if the price falls below 112 ₹ with strong volume.
Positive
- Strong ROCE (53.6%) and ROE (40.5%) highlight operational efficiency.
- Zero debt-to-equity ratio ensures financial stability.
- Dividend yield of 2.54% provides income support.
- P/E (22.8) is lower than industry average (54.0), suggesting undervaluation.
Limitation
- Price trading below 50 DMA and 200 DMA confirms bearish trend.
- Quarterly profit declined (PAT down 5.7%).
- PEG ratio of 1.88 indicates growth is priced expensively.
- Institutional outflows (FII and DII) reduce confidence.
Company Negative News
- Quarterly profit dropped from 122 Cr. to 115 Cr.
- FII (-1.78%) and DII (-1.48%) holdings decreased.
- Weak technical indicators (RSI, MACD) suggest continued selling pressure.
Company Positive News
- Strong ROCE and ROE with zero debt.
- Dividend yield of 2.54% supports investor returns.
- Valuation appears attractive compared to industry peers.
Industry
- Industry P/E at 54.0 is much higher than IEX’s 22.8, suggesting peers are more expensive.
- Power exchange sector remains growth-oriented but cyclical, influenced by demand and regulatory changes.
Conclusion
✅ IEX is a moderately good candidate for swing trading, supported by strong fundamentals, zero debt, and undervaluation relative to peers. However, weak technicals, declining profits, and institutional outflows limit short-term upside. Traders may enter around 115–120 ₹ with momentum confirmation and target exits near 130–135 ₹. If already holding, monitor closely and protect downside below 112 ₹.