MINDACORP - Swing Trade Analysis with AI Signals
Back to ListHere’s the structured swing trade analysis for Minda Corporation (MINDACORP) based on the provided parameters
Swing Trade Rating: 3.8
| Stock Code | MINDACORP | Market Cap | 15,567 Cr. | Current Price | 651 ₹ | High / Low | 680 ₹ |
| Stock P/E | 64.3 | Book Value | 93.0 ₹ | Dividend Yield | 0.22 % | ROCE | 12.1 % |
| ROE | 11.7 % | Face Value | 2.00 ₹ | DMA 50 | 584 ₹ | DMA 200 | 556 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.39 % | PAT Qtr | 71.7 Cr. | PAT Prev Qtr | 81.6 Cr. |
| RSI | 65.4 | MACD | 27.4 | Volume | 3,51,873 | Avg Vol 1Wk | 6,97,622 |
| Low price | 445 ₹ | High price | 680 ₹ | PEG Ratio | -20.6 | Debt to equity | 0.67 |
| 52w Index | 87.7 % | Qtr Profit Var | 112 % | EPS | 10.1 ₹ | Industry PE | 27.6 |
📊 MINDACORP is trading at ₹651, above both 50 DMA (₹584) and 200 DMA (₹556), showing strong bullish momentum. RSI at 65.4 indicates near overbought conditions, while MACD (27.4) confirms bullish bias. Volumes (3.5L) are below weekly averages (6.9L), suggesting reduced participation. Valuations are expensive (P/E 64.3 vs industry 27.6), supported by EPS of ₹10.1. Fundamentals remain moderate with ROCE (12.1%) and ROE (11.7%), though quarterly PAT declined (₹81.6 Cr → ₹71.7 Cr). Debt-to-equity at 0.67 highlights leverage risk.
💡 Optimal Entry: ₹630–₹640 (near support zone)
🚪 Exit if Holding: Profit-taking zone around ₹670–₹680; Stop-loss below ₹620
✅ Positive
- Trading above both 50 DMA and 200 DMA
- Strong momentum indicators (RSI 65.4, MACD positive)
- DII holdings increased (+0.39%)
- EPS of ₹10.1 supports earnings visibility
- 52w Index at 87.7% shows strong price performance
⚠️ Limitation
- High valuation (P/E 64.3 vs industry 27.6)
- Quarterly PAT decline (₹81.6 Cr → ₹71.7 Cr)
- Volumes below weekly average
- Debt-to-equity ratio at 0.67
- Negative PEG ratio (-20.6) indicates poor growth-adjusted valuation
📉 Company Negative News
- Profitability decline quarter-on-quarter
- FII holdings decreased (-0.29%)
📈 Company Positive News
- Strong technical positioning above DMA levels
- Domestic institutional inflows (+0.39%)
🏭 Industry
- Auto ancillary sector average P/E at 27.6, MINDACORP trades at a premium
- Sector outlook remains positive with auto demand recovery
🔎 Conclusion
MINDACORP is a moderately strong candidate for swing trading. While valuations are stretched and profitability has weakened, bullish technicals and sector strength support short-term momentum. Entry near ₹630–₹640 offers controlled risk, while exits should be considered around ₹670–₹680. Suitable for tactical swing trades with strict monitoring of earnings and debt levels.
Would you like me to extend this into a peer comparison with other auto ancillary stocks like Motherson Sumi or Bosch, or refine it into intraday trading levels for sharper execution?