KAYNES - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.2
| Stock Code | KAYNES | Market Cap | 23,926 Cr. | Current Price | 3,567 ₹ | High / Low | 7,705 ₹ |
| Stock P/E | 97.6 | Book Value | 651 ₹ | Dividend Yield | 0.00 % | ROCE | 11.9 % |
| ROE | 7.97 % | Face Value | 10.0 ₹ | DMA 50 | 3,899 ₹ | DMA 200 | 4,885 ₹ |
| Chg in FII Hold | -1.84 % | Chg in DII Hold | -6.93 % | PAT Qtr | 67.6 Cr. | PAT Prev Qtr | 62.9 Cr. |
| RSI | 42.8 | MACD | -61.3 | Volume | 9,17,049 | Avg Vol 1Wk | 13,89,768 |
| Low price | 3,295 ₹ | High price | 7,705 ₹ | PEG Ratio | 1.39 | Debt to equity | 0.08 |
| 52w Index | 6.17 % | Qtr Profit Var | 77.7 % | EPS | 36.8 ₹ | Industry PE | 28.0 |
📊 KAYNES shows weak momentum for swing trading at present. The RSI at 42.8 indicates neutral-to-oversold conditions, while MACD (-61.3) reflects strong bearish sentiment. The current price (3,567 ₹) is below both the 50 DMA (3,899 ₹) and 200 DMA (4,885 ₹), confirming a downtrend. Fundamentals such as ROCE (11.9%) and ROE (7.97%) are modest, while valuation appears stretched with a high P/E (97.6) compared to industry P/E (28.0). The PEG ratio of 1.39 suggests moderate growth-adjusted valuation, but institutional selling adds pressure.
✅ Optimal Entry Price: Around 3,450–3,550 ₹ (near support zone and close to 52-week low of 3,295 ₹).
📈 Exit Strategy (if already holding): Consider exiting near 3,850–3,900 ₹ (close to 50 DMA resistance) unless momentum strengthens further.
Positive
- Quarterly PAT growth from 62.9 Cr. to 67.6 Cr. shows earnings improvement.
- EPS of 36.8 ₹ provides earnings support relative to price.
- Low debt-to-equity ratio (0.08) indicates financial stability.
Limitation
- Stock trading below both 50 DMA and 200 DMA reflects bearish sentiment.
- High P/E (97.6) compared to industry P/E (28.0) suggests overvaluation.
- ROCE (11.9%) and ROE (7.97%) are relatively weak compared to peers.
- Dividend yield of 0.00% offers no income support.
Company Negative News
- FII holding decreased (-1.84%), showing reduced foreign investor confidence.
- DII holding decreased significantly (-6.93%), reflecting weaker domestic institutional support.
Company Positive News
- Quarterly profit variation of 77.7% highlights strong earnings momentum.
- Book value of 651 ₹ provides solid asset backing relative to price.
Industry
- Industry P/E (28.0) is much lower than company P/E (97.6), suggesting KAYNES trades at a steep premium.
- Sector outlook remains positive, driven by electronics manufacturing and technology demand.
Conclusion
⚖️ KAYNES is a cautious swing trade candidate. While earnings momentum is strong, technical indicators show weakness and valuations are stretched. Entry near 3,450–3,550 ₹ may offer a short-term rebound, but strict stop-losses around 3,300 ₹ are essential. Exit near 3,850–3,900 ₹ is advisable unless momentum improves significantly.