MINDACORP - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.2
| Stock Code | MINDACORP | Market Cap | 12,333 Cr. | Current Price | 516 ₹ | High / Low | 644 ₹ |
| Stock P/E | 60.4 | Book Value | 87.2 ₹ | Dividend Yield | 0.27 % | ROCE | 11.8 % |
| ROE | 11.2 % | Face Value | 2.00 ₹ | DMA 50 | 530 ₹ | DMA 200 | 543 ₹ |
| Chg in FII Hold | -0.29 % | Chg in DII Hold | 0.39 % | PAT Qtr | 81.6 Cr. | PAT Prev Qtr | 47.0 Cr. |
| RSI | 46.3 | MACD | 0.01 | Volume | 2,08,467 | Avg Vol 1Wk | 5,25,970 |
| Low price | 445 ₹ | High price | 644 ₹ | PEG Ratio | 7.25 | Debt to equity | 0.75 |
| 52w Index | 35.6 % | Qtr Profit Var | 41.1 % | EPS | 8.45 ₹ | Industry PE | 27.6 |
Analysis: Minda Corp is trading at 516 ₹, below both its 50 DMA (530 ₹) and 200 DMA (543 ₹), showing short-term weakness. RSI at 46.3 and MACD at 0.01 indicate neutral momentum with limited bullish signals. The stock is far below its 52-week high of 644 ₹, leaving room for recovery. Valuation is stretched with a P/E of 60.4 compared to the industry average of 27.6, while ROCE (11.8%) and ROE (11.2%) remain modest. Quarterly PAT improved (81.6 Cr vs 47 Cr), showing earnings growth, but EPS at 8.45 ₹ is relatively low. The PEG ratio of 7.25 suggests poor valuation relative to growth. Institutional activity is mixed, with FIIs reducing holdings (-0.29%) while DIIs increased (+0.39%). Debt-to-equity ratio at 0.75 indicates moderate leverage.
Optimal Entry Price: Around 500–505 ₹ (near support zone).
Exit Strategy: If already holding, consider exiting near 540–550 ₹ (DMA 200 resistance zone) or if RSI approaches 60–65. A stop-loss can be placed around 485 ₹ to manage downside risk.
✅ Positive
- Quarterly PAT growth (81.6 Cr vs 47 Cr).
- DII holdings increased (+0.39%), showing domestic support.
- Debt-to-equity ratio at 0.75, manageable leverage.
- Stock trading above 52-week low (445 ₹), showing recovery potential.
⚠️ Limitation
- High P/E ratio (60.4) compared to industry average.
- PEG ratio at 7.25, suggesting poor valuation relative to growth.
- Stock trading below both 50 DMA and 200 DMA.
- ROCE (11.8%) and ROE (11.2%) remain modest.
📉 Company Negative News
- FII holdings decreased (-0.29%).
- Stock trading far below 52-week high (644 ₹).
📈 Company Positive News
- Quarterly profit growth of 41.1% variation.
- DII holdings increased (+0.39%).
🏭 Industry
- Industry P/E at 27.6, much lower than Minda Corp, highlighting overvaluation.
- Auto components sector remains cyclical but supported by rising demand in EV and mobility solutions.
🔎 Conclusion
Minda Corp is a moderately weak candidate for swing trading due to stretched valuations and modest fundamentals. Entry near 500–505 ₹ is safer, with exit around 540–550 ₹. Risk management is crucial given high P/E, poor PEG ratio, and resistance at DMA levels.