JYOTICNC - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | JYOTICNC | Market Cap | 16,904 Cr. | Current Price | 743 ₹ | High / Low | 1,331 ₹ |
| Stock P/E | 44.7 | Book Value | 97.3 ₹ | Dividend Yield | 0.00 % | ROCE | 21.5 % |
| ROE | 16.6 % | Face Value | 2.00 ₹ | DMA 50 | 827 ₹ | DMA 200 | 927 ₹ |
| Chg in FII Hold | -0.21 % | Chg in DII Hold | 0.49 % | PAT Qtr | 105 Cr. | PAT Prev Qtr | 78.9 Cr. |
| RSI | 39.1 | MACD | -28.7 | Volume | 6,30,256 | Avg Vol 1Wk | 32,05,873 |
| Low price | 687 ₹ | High price | 1,331 ₹ | PEG Ratio | 0.29 | Debt to equity | 0.18 |
| 52w Index | 8.72 % | Qtr Profit Var | 36.0 % | EPS | 16.6 ₹ | Industry PE | 28.0 |
📊 JYOTICNC presents moderate potential for swing trading. The RSI at 39.1 suggests the stock is nearing oversold territory, while MACD (-28.7) indicates bearish momentum. The current price (743 ₹) is below both the 50 DMA (827 ₹) and 200 DMA (927 ₹), confirming a downtrend. However, strong fundamentals such as ROCE (21.5%), ROE (16.6%), and a PEG ratio of 0.29 provide valuation support.
✅ Optimal Entry Price: Around 710–740 ₹ (close to support zone and near 52-week low of 687 ₹).
📈 Exit Strategy (if already holding): Consider exiting near 820–840 ₹ (around 50 DMA resistance) unless momentum strengthens further.
Positive
- Strong ROCE (21.5%) and ROE (16.6%) indicate efficient capital utilization.
- PEG ratio of 0.29 suggests undervaluation relative to growth prospects.
- Debt-to-equity ratio of 0.18 shows financial stability.
- Quarterly PAT growth from 78.9 Cr. to 105 Cr. highlights earnings improvement.
Limitation
- Stock trading below both 50 DMA and 200 DMA reflects bearish sentiment.
- Volume (6.3 lakh) is significantly lower than 1-week average (32 lakh), showing weak participation.
- High P/E (44.7) compared to industry P/E (28.0) suggests overvaluation.
Company Negative News
- FII holding decreased (-0.21%), indicating reduced foreign investor confidence.
Company Positive News
- DII holding increased (+0.49%), showing domestic institutional support.
- EPS of 16.6 ₹ remains strong relative to current price.
Industry
- Industry P/E (28.0) is lower than company P/E (44.7), suggesting JYOTICNC trades at a premium.
- Sector outlook remains steady, but valuations are stretched.
Conclusion
⚖️ JYOTICNC is a fair candidate for swing trading with strong fundamentals but weak technicals. Entry near support levels offers potential upside, but traders should remain cautious due to bearish momentum. A short-term rebound toward 820–840 ₹ is possible, with strict stop-losses near 690 ₹ recommended.