MANYAVAR - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | MANYAVAR | Market Cap | 10,172 Cr. | Current Price | 419 ₹ | High / Low | 848 ₹ |
| Stock P/E | 27.1 | Book Value | 80.8 ₹ | Dividend Yield | 1.91 % | ROCE | 23.6 % |
| ROE | 20.0 % | Face Value | 1.00 ₹ | DMA 50 | 418 ₹ | DMA 200 | 531 ₹ |
| Chg in FII Hold | -1.01 % | Chg in DII Hold | 0.62 % | PAT Qtr | 114 Cr. | PAT Prev Qtr | 135 Cr. |
| RSI | 53.9 | MACD | -3.23 | Volume | 8,84,259 | Avg Vol 1Wk | 2,70,493 |
| Low price | 329 ₹ | High price | 848 ₹ | PEG Ratio | -7.97 | Debt to equity | 0.23 |
| 52w Index | 17.3 % | Qtr Profit Var | 13.0 % | EPS | 15.5 ₹ | Industry PE | 51.8 |
📊 MANYAVAR shows decent fundamentals but weak technical momentum. The RSI at 53.9 indicates neutral positioning, while the MACD at -3.23 signals bearish undertones. Current price (419 ₹) is at the 50 DMA (418 ₹) but below the 200 DMA (531 ₹), reflecting medium-term weakness. ROCE (23.6%) and ROE (20.0%) highlight efficiency, but quarterly PAT declined from 135 Cr. to 114 Cr., raising caution. Valuations are moderate with a P/E of 27.1 compared to industry average of 51.8.
💡 Optimal Entry Price: Around 410–420 ₹ (near 50DMA support).
📈 Exit Strategy if Holding: Consider booking profits near 460–470 ₹ resistance zone, or trail stop-loss below 400 ₹.
Positive
- ✅ Strong ROCE (23.6%) and ROE (20.0%) highlight efficiency.
- ✅ Dividend yield of 1.91% adds investor appeal.
- ✅ EPS of 15.5 ₹ supports valuation strength.
- ✅ DII holdings increased (+0.62%), showing domestic institutional support.
- ✅ Volume significantly above weekly average, indicating active participation.
Limitation
- ⚠️ PAT declined from 135 Cr. to 114 Cr., weakening earnings momentum.
- ⚠️ Price below 200DMA (531 ₹) reflects medium-term weakness.
- ⚠️ FII holdings declined (-1.01%), showing reduced foreign confidence.
- ⚠️ PEG ratio of -7.97 suggests growth concerns.
Company Negative News
- 📉 Declining profits and reduced FII interest are concerns.
Company Positive News
- 📈 Strong fundamentals with high ROCE and ROE.
- 📈 DII holdings increased, showing domestic support.
Industry
- 🏭 Industry P/E at 51.8, higher than company’s valuation, suggesting sector strength.
- 🏭 Apparel and retail sector outlook remains steady with consumer demand resilience.
Conclusion
🔎 MANYAVAR is a moderately strong swing trade candidate with solid fundamentals but weak recent earnings and bearish technicals. Entry near 410–420 ₹ offers favorable risk-reward, while exits should be targeted around 460–470 ₹. Traders should remain cautious due to declining profits and reduced FII interest, maintaining strict stop-loss discipline.
Would you like me to expand this into a peer benchmarking overlay with sector comparisons, or refine it into an intraday momentum setup for sharper entry/exit timing?