⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
MANYAVAR - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.8
| Stock Code | MANYAVAR | Market Cap | 11,713 Cr. | Current Price | 482 ₹ | High / Low | 975 ₹ |
| Stock P/E | 30.4 | Book Value | 70.8 ₹ | Dividend Yield | 1.66 % | ROCE | 25.9 % |
| ROE | 22.3 % | Face Value | 1.00 ₹ | DMA 50 | 551 ₹ | DMA 200 | 700 ₹ |
| Chg in FII Hold | -0.47 % | Chg in DII Hold | 1.05 % | PAT Qtr | 56.1 Cr. | PAT Prev Qtr | 70.3 Cr. |
| RSI | 28.5 | MACD | -24.7 | Volume | 1,47,876 | Avg Vol 1Wk | 1,88,729 |
| Low price | 466 ₹ | High price | 975 ₹ | PEG Ratio | 4.06 | Debt to equity | 0.27 |
| 52w Index | 3.28 % | Qtr Profit Var | -16.2 % | EPS | 15.9 ₹ | Industry PE | 43.7 |
📊 MANYAVAR currently shows weak swing trade potential. While fundamentals like ROCE and ROE are strong, technical indicators and declining profits suggest caution. Entry is only advisable near strong support levels, while exits should be timed around resistance zones.
Positive ✅
- Strong ROCE (25.9%) and ROE (22.3%) reflect efficient capital use.
- Dividend yield of 1.66% provides shareholder returns.
- EPS of 15.9 ₹ supports earnings strength.
- DII holdings increased (+1.05%), showing domestic institutional support.
- Low debt-to-equity ratio (0.27) indicates manageable leverage.
Limitation ⚠️
- Current price (482 ₹) is below both 50 DMA (551 ₹) and 200 DMA (700 ₹), showing technical weakness.
- RSI at 28.5 indicates oversold conditions, reflecting weak momentum.
- MACD (-24.7) signals bearish trend continuation.
- PEG ratio of 4.06 suggests overvaluation relative to growth.
- Volume lower than weekly average, reducing short-term momentum.
Company Negative News ❌
- Quarterly PAT declined from 70.3 Cr. to 56.1 Cr. (-16.2%).
- Decline in FII holdings (-0.47%) reflects reduced foreign investor confidence.
- Weak 52-week performance (+3.28%) compared to peers.
Company Positive News 🌟
- Strong fundamentals with high ROCE and ROE.
- Dividend yield of 1.66% provides consistent returns.
- DII support (+1.05%) adds stability.
Industry 📈
- Industry P/E at 43.7 is higher than MANYAVAR’s (30.4), suggesting relative undervaluation.
- Apparel and retail sector demand remains steady, though cyclical.
Conclusion 📝
MANYAVAR is fundamentally strong but technically weak for swing trading. Optimal entry would be near 470–475 ₹ support if RSI stabilizes. For existing holders, consider exiting around 540–560 ₹ (near 50 DMA resistance) on rebounds, as upside is limited and risk remains high due to declining profits and bearish momentum.