KALYANKJIL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.3
| Stock Code | KALYANKJIL | Market Cap | 42,704 Cr. | Current Price | 413 ₹ | High / Low | 618 ₹ |
| Stock P/E | 37.7 | Book Value | 51.1 ₹ | Dividend Yield | 0.36 % | ROCE | 15.7 % |
| ROE | 15.5 % | Face Value | 10.0 ₹ | DMA 50 | 414 ₹ | DMA 200 | 459 ₹ |
| Chg in FII Hold | 0.44 % | Chg in DII Hold | -1.10 % | PAT Qtr | 429 Cr. | PAT Prev Qtr | 262 Cr. |
| RSI | 50.1 | MACD | 1.87 | Volume | 17,70,671 | Avg Vol 1Wk | 25,33,384 |
| Low price | 348 ₹ | High price | 618 ₹ | PEG Ratio | 0.79 | Debt to equity | 0.62 |
| 52w Index | 24.4 % | Qtr Profit Var | 96.7 % | EPS | 10.7 ₹ | Industry PE | 20.9 |
Analysis: Kalyan Jewellers (KALYANKJIL) demonstrates strong earnings momentum with quarterly profit nearly doubling (96.7% growth). The PEG ratio of 0.79 suggests undervaluation relative to growth, making it attractive for swing trading. However, the stock P/E of 37.7 is well above the industry average of 20.9, raising valuation concerns. Technically, the stock is near its 50 DMA (₹414) but below the 200 DMA (₹459), indicating resistance ahead. RSI at 50 and positive MACD show neutral-to-slight bullish momentum. Volume is slightly below weekly average, reflecting moderate participation.
Optimal Entry Price: ₹390–400, ideally closer to support near ₹348 for better risk-reward.
Exit Strategy (if already holding): Consider profit booking near ₹460–470 (200 DMA resistance) or maintain a stop-loss below ₹380.
✅ Positive
- Quarterly profit growth of 96.7%.
- PEG ratio below 1, indicating undervaluation relative to growth.
- Improved FII holding (+0.44%).
- Strong ROCE (15.7%) and ROE (15.5%).
⚠️ Limitation
- High P/E (37.7) compared to industry average (20.9).
- DII holdings decreased (-1.10%).
- Moderate debt-to-equity ratio (0.62).
- Price below 200 DMA, facing resistance.
📰 Company Negative News
- No major negative news reported, but valuation remains a concern.
🌟 Company Positive News
- Strong quarterly earnings performance.
- Positive foreign investor sentiment.
🏭 Industry
- Jewellery sector trades at lower P/E (20.9), making Kalyan relatively expensive.
- Sector benefits from festive demand and rising consumer spending.
📌 Conclusion
Kalyan Jewellers is a good candidate for swing trading due to strong earnings momentum and favorable PEG ratio. Entry near ₹390–400 offers better risk-reward, while exits should be considered near ₹460–470. Traders should remain cautious of high valuation and resistance at 200 DMA.