MANYAVAR - Swing Trade Analysis with AI Signals

Last Updated Time : 05 Nov 25, 7:43 am

Swing Trade Rating: 3.2

📊 MANYAVAR is a technically oversold stock with strong fundamentals but weak momentum. Optimal entry is ₹640–₹650. If already held, consider exiting near ₹690–₹710.

📈 Positive

• ROCE (25.9%) and ROE (22.3%) reflect excellent capital efficiency and profitability.
• P/E (40.6) is in line with industry average (40.4), suggesting fair valuation.
• EPS of ₹15.9 and Dividend yield of 1.24% support investor returns.
• Debt-to-equity ratio (0.27) indicates a healthy balance sheet.

⚠️ Limitation

• MACD (-15.1) and RSI (32.3) suggest bearish momentum and oversold conditions.
• Volume significantly below 1-week average may reflect weak market interest.
• PEG ratio (5.43) implies expensive valuation relative to growth.
• Current price below both 50-DMA (₹704) and 200-DMA (₹821) shows technical weakness.

🚫 Company Negative News

• FII holdings declined by 0.12% and DII by 0.15%, showing reduced institutional confidence.
• Quarterly PAT dropped from ₹70.3 Cr. to ₹56.1 Cr., indicating earnings pressure.
• Stock has corrected over 57% from its 52-week high of ₹1,512.

✅ Company Positive News

• Strong brand presence in ethnic wear retail supports long-term growth potential.
• Stable profitability and dividend payout reinforce investor confidence.

🌐 Industry

• MANYAVAR operates in the apparel and retail fashion sector, which is seasonal and sensitive to consumer sentiment.
• Industry P/E of 40.4 reflects moderate valuation expectations.

🧾 Conclusion

• MANYAVAR is a cautious swing trade candidate with strong fundamentals but weak technicals.
• Optimal entry: ₹640–₹650 (near support and RSI zone).
• Exit target: ₹690–₹710 (near 50-DMA and resistance).
• Watch for MACD reversal and volume recovery before confirming entry.

I can help you compare MANYAVAR’s setup with other retail fashion stocks to identify stronger swing trade opportunities.