INDGN - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.6

🧪 INDGN shows improving fundamentals but weak technical momentum. Entry near ₹525–₹530 is optimal. If already held, consider exiting near ₹580–₹600.

📈 Positive

• Quarterly PAT growth: ₹59.9 Cr. vs ₹45.1 Cr. — up 33.7%
• ROCE 16.6% and ROE 12.6% — solid capital efficiency
• EPS ₹8.71 and Debt-to-equity 0.03 — strong balance sheet
• FII holding increased by 1.26% — rising foreign investor confidence

⚠️ Limitation

• P/E 61.9 vs industry PE 39.3 — expensive valuation
• PEG ratio 5.94 — growth not justifying valuation
• MACD -5.79 and RSI 42.8 — weak technical momentum
• Trading below DMA 50 (₹556) and DMA 200 (₹573) — bearish bias
• DII holding dropped by 0.25%

🚫 Company Negative News

• Stock corrected ~27% from 52-week high of ₹735
• Volume below weekly average — declining short-term interest

✅ Company Positive News

• Strong Q2 performance driven by demand in specialty chemicals and life sciences
• Positive outlook on export growth and margin expansion
• Analysts expect recovery toward ₹600+ levels in medium term

🏭 Industry

• Specialty chemicals sector benefits from global supply chain shifts and pharma demand
• INDGN trades at a premium to industry PE (39.3) — reflects growth expectations

🧾 Conclusion

• INDGN is a fundamentally strong but technically weak swing candidate
• Best entry: ₹525–₹530 near support and RSI base
• If already held, exit near ₹580–₹600 — resistance zone below DMA 200
• Watch for MACD reversal and RSI >50 for confirmation

I can also chart INDGN’s RSI and MACD trends to visualize its swing potential.