INOXINDIA - Swing Trade Analysis with AI Signals
Back to ListHere’s a structured swing trade analysis for INOX India (INOXINDIA) based on the provided parameters
Swing Trade Rating: 4.3
| Stock Code | INOXINDIA | Market Cap | 16,459 Cr. | Current Price | 1,812 ₹ | High / Low | 1,980 ₹ |
| Stock P/E | 64.6 | Book Value | 125 ₹ | Dividend Yield | 0.11 % | ROCE | 32.4 % |
| ROE | 25.0 % | Face Value | 2.00 ₹ | DMA 50 | 1,532 ₹ | DMA 200 | 1,304 ₹ |
| Chg in FII Hold | -0.01 % | Chg in DII Hold | 0.45 % | PAT Qtr | 71.9 Cr. | PAT Prev Qtr | 65.4 Cr. |
| RSI | 63.7 | MACD | 110 | Volume | 4,26,753 | Avg Vol 1Wk | 5,00,010 |
| Low price | 1,031 ₹ | High price | 1,980 ₹ | PEG Ratio | 3.57 | Debt to equity | 0.07 |
| 52w Index | 82.3 % | Qtr Profit Var | 10.4 % | EPS | 27.8 ₹ | Industry PE | 25.2 |
📊 INOX India shows strong potential for swing trading. The stock is trading well above both its 50 DMA (1,532 ₹) and 200 DMA (1,304 ₹), indicating strong bullish momentum. RSI at 63.7 suggests healthy strength without being overbought, while MACD at 110 confirms strong upward momentum. Fundamentals are excellent with high ROCE (32.4%) and ROE (25.0%). However, valuation is stretched with a P/E of 64.6 vs industry average of 25.2 and a PEG ratio of 3.57.
💡 Optimal Entry Price: Around 1,780–1,800 ₹ (closer to support zone).
📈 Exit Strategy (if already holding): Consider booking profits near 1,950–1,980 ₹ (resistance zone close to recent high of 1,980 ₹). Trail stop-loss if momentum continues beyond 2,000 ₹.
Positive
- ✅ Trading well above 50 DMA and 200 DMA, showing strong technical strength.
- ✅ Excellent ROCE (32.4%) and ROE (25.0%), indicating efficiency and profitability.
- ✅ Low debt-to-equity ratio (0.07), reducing financial risk.
- ✅ Quarterly PAT growth (65.4 Cr. to 71.9 Cr.) shows earnings improvement.
- ✅ DII holdings increased (+0.45%), reflecting domestic institutional confidence.
Limitation
- ⚠️ High P/E (64.6) compared to industry average (25.2).
- ⚠️ PEG ratio (3.57) suggests overvaluation relative to growth.
- ⚠️ Dividend yield (0.11%) is very low.
- ⚠️ Slight decline in FII holding (-0.01%).
Company Negative News
- ❌ No major negative news reported, but valuation concerns remain.
Company Positive News
- ✅ Strong quarterly PAT growth and consistent profitability.
- ✅ Stock trading near all-time highs, supported by strong momentum.
Industry
- 🏭 Industry P/E at 25.2 highlights INOX India’s premium valuation.
- 📈 Industrial gas and cryogenic equipment sector is growing with rising demand in energy and manufacturing.
Conclusion
🔎 INOX India offers a strong swing trade opportunity with excellent fundamentals and bullish technicals. Optimal entry is near 1,780–1,800 ₹, with exit around 1,950–1,980 ₹. Traders should be cautious of overbought levels and high valuation, but momentum remains favorable.
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