INDGN - Swing Trade Analysis with AI Signals

Last Updated Time : 20 Dec 25, 07:01 am

Swing Trade Rating: 3.8

📊 INDGN shows moderate potential for swing trading. The stock is currently priced at ₹533, close to its 50 DMA (₹534) but below the 200 DMA (₹559), suggesting near-term resistance. RSI at 56.5 indicates neutral momentum, while MACD (0.50) shows slight bullishness. Strong quarterly profit growth (33.7%) and rising FII holdings support upside potential. Optimal entry would be near ₹510–520, close to support. If already holding, consider exiting around ₹600–620, near resistance levels.

✅ Positive

• Healthy ROCE (16.6%) and ROE (12.6%)
• Strong quarterly profit growth (33.7%)
• Low debt-to-equity ratio (0.03)
• Positive FII holding change (+1.26%)

⚠️ Limitation

• High P/E ratio (61.2) compared to industry PE (46.0)
• Elevated PEG ratio (5.88), suggesting overvaluation relative to growth
• Weak DII holding change (-0.25%)
• Dividend yield is minimal (0.37%)

📉 Company Negative News

• Valuation concerns with high P/E and PEG ratios
• Stock trading below 200 DMA (₹559), showing resistance

📈 Company Positive News

• Improved quarterly profits (₹59.9 Cr vs ₹45.1 Cr)
• Strong foreign investor interest
• Stable fundamentals with low debt

🏭 Industry

• Industry PE (46.0) is lower than INDGN’s PE (61.2), highlighting relative overvaluation
• Sector growth remains supportive, but valuations are stretched

📝 Conclusion

INDGN offers a fair swing trade opportunity with improving profits and strong FII inflows. Entry near ₹510–520 is optimal, while exit should be considered around ₹600–620. However, high valuations and resistance at the 200 DMA warrant caution for traders.

I can also map out support and resistance levels visually to help you time entries and exits more effectively. Would you like me to prepare that?