INDUSINDBK - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.4
| Stock Code | INDUSINDBK | Market Cap | 71,726 Cr. | Current Price | 920 ₹ | High / Low | 1,087 ₹ |
| Book Value | 830 ₹ | Dividend Yield | 0.00 % | ROCE | 6.49 % | ROE | 4.15 % |
| Face Value | 10.0 ₹ | DMA 50 | 878 ₹ | DMA 200 | 864 ₹ | Chg in FII Hold | -2.72 % |
| Chg in DII Hold | 3.43 % | PAT Qtr | 161 Cr. | PAT Prev Qtr | -445 Cr. | RSI | 60.0 |
| MACD | 10.0 | Volume | 29,15,996 | Avg Vol 1Wk | 44,33,923 | Low price | 605 ₹ |
| High price | 1,087 ₹ | Debt to equity | 6.73 | 52w Index | 65.5 % | Qtr Profit Var | -88.5 % |
| EPS | -23.6 ₹ | Industry PE | 15.8 |
📊 IndusInd Bank shows moderate potential for swing trading. The stock is priced at ₹920, trading above both its 50 DMA (₹878) and 200 DMA (₹864), indicating bullish momentum. Technical indicators (RSI 60.0, MACD positive) suggest continued strength. However, fundamentals are weak with low ROCE (6.49%), ROE (4.15%), high debt-to-equity (6.73), and negative EPS (-₹23.6). Institutional flows are mixed, with FII outflows but strong DII inflows. The recent profit turnaround is encouraging, but volatility remains high.
💡 Optimal Entry Price: Around ₹900–910 (near 50 DMA support).
📈 Exit Strategy: If already holding, consider exiting near ₹980–1,000 resistance levels, or maintain a stop-loss around ₹880.
✅ Positive
- Trading above both 50 DMA and 200 DMA, confirming bullish trend.
- DII holdings increased (+3.43%), showing strong domestic institutional support.
- Quarterly PAT improved from -₹445 Cr. to ₹161 Cr., signaling recovery.
- MACD at 10.0 indicates bullish crossover momentum.
⚠️ Limitation
- ROCE (6.49%) and ROE (4.15%) are weak, showing poor efficiency.
- Debt-to-equity ratio of 6.73 indicates very high leverage risk.
- Dividend yield is 0%, offering no income support.
- EPS of -₹23.6 reflects weak profitability.
📉 Company Negative News
- FII holdings decreased (-2.72%), reflecting reduced foreign investor confidence.
- Quarterly profit variation (-88.5%) highlights volatility.
- Trading volume (29.1 lakh) is below weekly average, showing reduced participation.
📈 Company Positive News
- Quarterly PAT turnaround from losses to profit boosts sentiment.
- DII inflows (+3.43%) reflect strong domestic support.
- Stock trading well above 200 DMA shows technical strength.
🏦 Industry
- Industry P/E at 15.8 highlights fair valuation, but IndusInd Bank’s negative EPS makes comparison unfavorable.
- Banking sector benefits from credit growth and government reforms, but high leverage remains a concern.
🔎 Conclusion
IndusInd Bank earns a swing trade rating of 3.4. Entry near ₹900–910 offers a safer risk-reward setup, while profit booking should be considered near ₹980–1,000. Traders should remain cautious due to weak fundamentals, high debt, and FII outflows, but technical strength and domestic institutional support provide short-term trading opportunities.