IGL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | IGL | Market Cap | 23,342 Cr. | Current Price | 167 ₹ | High / Low | 229 ₹ |
| Stock P/E | 16.2 | Book Value | 70.0 ₹ | Dividend Yield | 2.55 % | ROCE | 20.8 % |
| ROE | 15.7 % | Face Value | 2.00 ₹ | DMA 50 | 164 ₹ | DMA 200 | 184 ₹ |
| Chg in FII Hold | 0.08 % | Chg in DII Hold | -0.92 % | PAT Qtr | 359 Cr. | PAT Prev Qtr | 373 Cr. |
| RSI | 58.0 | MACD | 2.34 | Volume | 11,38,694 | Avg Vol 1Wk | 50,95,708 |
| Low price | 142 ₹ | High price | 229 ₹ | PEG Ratio | 4.82 | Debt to equity | 0.01 |
| 52w Index | 28.9 % | Qtr Profit Var | 25.4 % | EPS | 10.3 ₹ | Industry PE | 21.9 |
Analysis: IGL is trading at ₹167, slightly above its 50 DMA (₹164) but below the 200 DMA (₹184), showing short-term strength with long-term resistance overhead. RSI at 58.0 indicates neutral momentum, while MACD at 2.34 suggests a mild positive crossover. Valuation is attractive with a P/E of 16.2 compared to industry average of 21.9, and EPS of ₹10.3 supports earnings quality. ROCE at 20.8% and ROE at 15.7% are strong, highlighting efficiency. Debt-to-equity ratio is very low (0.01), showing financial stability. PAT declined slightly (₹359 Cr vs ₹373 Cr), but quarterly profit variation (+25.4%) supports growth. Dividend yield at 2.55% adds investor appeal. Swing trade potential is good, with entry near support and exit near resistance.
Optimal Entry Price: ₹162–165, near short-term support.
Exit Strategy (if holding): Consider exiting around ₹178–182, aligning with resistance near 200 DMA.
✅ Positive
- Attractive valuation (P/E 16.2 vs industry 21.9).
- Strong ROCE (20.8%) and ROE (15.7%).
- Debt-free structure (Debt-to-equity 0.01).
⚠️ Limitation
- Trading below 200 DMA (₹184), showing overhead resistance.
- PAT declined slightly (₹373 Cr → ₹359 Cr).
- PEG ratio at 4.82 indicates expensive growth valuation.
📉 Company Negative News
- DII holdings decreased (-0.92%).
- Short-term earnings decline in PAT.
📈 Company Positive News
- Quarterly profit variation strong (+25.4%).
- FII holdings increased slightly (+0.08%).
🏭 Industry
- Industry P/E at 21.9, showing IGL trades at a discount.
- Energy distribution sector benefits from rising demand but remains cyclical.
🔎 Conclusion
IGL is a good candidate for swing trading with attractive valuation, strong efficiency metrics, and debt-free balance sheet. Entry near ₹162–165 may be considered, with exit around ₹178–182. While fundamentals are supportive, caution is advised due to resistance near 200 DMA and recent PAT decline.