MANYAVAR - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.4
| Stock Code | MANYAVAR | Market Cap | 10,460 Cr. | Current Price | 430 ₹ | High / Low | 850 ₹ |
| Stock P/E | 28.9 | Book Value | 70.8 ₹ | Dividend Yield | 1.86 % | ROCE | 25.9 % |
| ROE | 22.3 % | Face Value | 1.00 ₹ | DMA 50 | 424 ₹ | DMA 200 | 573 ₹ |
| Chg in FII Hold | -1.01 % | Chg in DII Hold | 0.62 % | PAT Qtr | 135 Cr. | PAT Prev Qtr | 56.1 Cr. |
| RSI | 55.0 | MACD | 13.3 | Volume | 2,01,432 | Avg Vol 1Wk | 2,29,782 |
| Low price | 329 ₹ | High price | 850 ₹ | PEG Ratio | 3.85 | Debt to equity | 0.27 |
| 52w Index | 19.4 % | Qtr Profit Var | -14.6 % | EPS | 14.9 ₹ | Industry PE | 29.7 |
MANYAVAR shows moderate potential for swing trading. The RSI (55.0) indicates neutral momentum, while MACD (13.3) suggests mild bullishness. The stock is trading near its 50 DMA (424 ₹) but well below its 200 DMA (573 ₹), reflecting longer-term weakness. Fundamentals are strong with ROCE (25.9%) and ROE (22.3%), but quarterly PAT declined (135 Cr. vs 56.1 Cr. previously) and valuations are slightly stretched (P/E 28.9 vs industry 29.7). Dividend yield is attractive at 1.86%.
✅ Entry Price: Best entry zone is around 420–425 ₹, near 50 DMA support.
📤 Exit Strategy: If already holding, aim to exit near 460–470 ₹ resistance, or cut losses if price falls below 410 ₹.
🌟 Positive
- Strong ROCE (25.9%) and ROE (22.3%), showing efficient capital use.
- Dividend yield of 1.86% provides steady returns.
- Stock trading near 50 DMA support, offering a favorable entry point.
⚠️ Limitation
- Quarterly PAT declined (-14.6%), showing short-term weakness.
- PEG ratio of 3.85 suggests limited growth relative to valuation.
- Stock trading below 200 DMA (573 ₹), indicating longer-term bearish trend.
📰 Company Negative News
- Decline in quarterly profits raises concerns about near-term performance.
- FII holdings decreased (-1.01%), showing reduced foreign investor confidence.
📈 Company Positive News
- Strong fundamentals with high ROCE and ROE.
- DII holdings increased (+0.62%), reflecting domestic institutional support.
- Dividend yield higher than peers, adding investor appeal.
🏭 Industry
- Industry P/E at 29.7 indicates moderate valuation.
- MANYAVAR trades close to industry average, suggesting fair pricing.
🔎 Conclusion
MANYAVAR is a fundamentally strong company with attractive dividend yield and efficient capital use. However, declining quarterly profits and reduced FII interest limit upside potential. It is a fair candidate for swing trading if entered near 420–425 ₹ and exited near 460–470 ₹. Risk management is essential due to weak long-term trend below 200 DMA.