IGIL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.1
| Stock Code | IGIL | Market Cap | 15,359 Cr. | Current Price | 356 ₹ | High / Low | 442 ₹ |
| Stock P/E | 26.4 | Book Value | 60.0 ₹ | Dividend Yield | 0.70 % | ROCE | 30.7 % |
| ROE | 23.2 % | Face Value | 2.00 ₹ | DMA 50 | 353 ₹ | DMA 200 | 349 ₹ |
| Chg in FII Hold | -1.01 % | Chg in DII Hold | 0.94 % | PAT Qtr | 174 Cr. | PAT Prev Qtr | 132 Cr. |
| RSI | 47.9 | MACD | 2.53 | Volume | 2,13,172 | Avg Vol 1Wk | 7,03,994 |
| Low price | 287 ₹ | High price | 442 ₹ | PEG Ratio | 0.86 | Debt to equity | 0.01 |
| 52w Index | 44.2 % | Qtr Profit Var | 25.2 % | EPS | 13.5 ₹ | Industry PE | 18.5 |
Indraprastha Gas Limited (IGIL) shows strong potential for swing trading. The current price of ₹356 is slightly above both the 50 DMA (₹353) and 200 DMA (₹349), indicating near-term strength and support. RSI at 47.9 suggests neutral momentum, while MACD at 2.53 confirms mild bullish sentiment. Fundamentals are solid with ROCE at 30.7%, ROE at 23.2%, and a very low debt-to-equity ratio of 0.01. The PEG ratio of 0.86 indicates fair valuation relative to growth. Quarterly PAT improved from ₹132 Cr. to ₹174 Cr., showing earnings momentum. Overall, IGIL is a good candidate for swing trading with favorable risk-reward.
✅ Optimal Entry Price: Around ₹348–₹355 (near DMA support)
📈 Exit Strategy (if already holding): Consider exiting near ₹380–₹390 (short-term resistance zone) unless momentum strengthens further.
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🌟 Positive
- 📈 Strong [ROCE](ca://s?q=Explain_ROCE) of 30.7% and [ROE](ca://s?q=Explain_ROE) of 23.2% indicate efficient capital use.
- 💰 Low [debt-to-equity](ca://s?q=Debt_to_equity_ratio) ratio of 0.01 shows financial stability.
- 📊 PAT growth from ₹132 Cr. to ₹174 Cr. highlights earnings momentum.
- 📈 Trading above both 50 DMA and 200 DMA indicates technical strength.
⚠️ Limitation
- 📉 FII holdings decreased (-1.01%), showing reduced foreign investor confidence.
- 📊 RSI at 47.9 is neutral, suggesting limited immediate momentum.
- 📉 Average weekly volume (7,03,994) is higher than current volume (2,13,172), indicating reduced trading activity.
📰 Company Negative News
- 📉 Decline in foreign institutional investor holdings.
- 📊 Neutral RSI and modest MACD suggest limited short-term momentum.
📢 Company Positive News
- 💡 Strong quarterly PAT growth (+25.2%).
- 📈 Domestic institutional investors increased holdings (+0.94%).
- 💰 Dividend yield of 0.70% adds shareholder value.
🏭 Industry
- 📊 Industry PE is 18.5, while IGIL trades at 26.4, making it slightly overvalued compared to peers.
- 🌐 Gas distribution sector benefits from rising urban demand and government support for clean energy.
✅ Conclusion
IGIL presents a strong swing trade opportunity. Entry near ₹348–₹355 offers a favorable setup, with exit around ₹380–₹390. Solid fundamentals, low debt, and earnings growth support the trade, though reduced FII participation and neutral RSI warrant cautious monitoring.
Would you like me to also compare IGIL’s swing trade setup with peers like Mahanagar Gas or GAIL to highlight relative opportunities in the gas distribution sector?