MINDACORP - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.5
| Stock Code | MINDACORP | Market Cap | 13,861 Cr. | Current Price | 580 ₹ | High / Low | 644 ₹ |
| Stock P/E | 76.8 | Book Value | 87.2 ₹ | Dividend Yield | 0.24 % | ROCE | 11.8 % |
| ROE | 11.2 % | Face Value | 2.00 ₹ | DMA 50 | 571 ₹ | DMA 200 | 551 ₹ |
| Chg in FII Hold | 0.37 % | Chg in DII Hold | -0.09 % | PAT Qtr | 47.0 Cr. | PAT Prev Qtr | 41.8 Cr. |
| RSI | 55.6 | MACD | -5.28 | Volume | 2,57,198 | Avg Vol 1Wk | 1,76,826 |
| Low price | 445 ₹ | High price | 644 ₹ | PEG Ratio | 9.22 | Debt to equity | 0.75 |
| 52w Index | 67.6 % | Qtr Profit Var | -25.0 % | EPS | 7.55 ₹ | Industry PE | 29.0 |
📊 Minda Corporation (MINDACORP) shows a moderately cautious outlook for swing trading. The stock trades at ₹580, slightly above its 50 DMA (₹571) and 200 DMA (₹551), reflecting medium-term support. RSI at 55.6 indicates neutral-to-positive momentum, while MACD at -5.28 signals mild bearishness. Valuation is stretched with a P/E of 76.8 compared to industry average of 29.0, and PEG ratio of 9.22 suggests expensive growth. Fundamentals are moderate with ROE at 11.2% and ROCE at 11.8%. EPS of ₹7.55 and sequential PAT growth provide positives, though high debt-to-equity (0.75) and profit variation (-25.0%) limit upside.
✅ Optimal Entry Price: Around ₹565–575 (near support zone, slightly below current price).
🚪 Exit Strategy (if already holding): Consider exit near ₹610–630 (resistance zone close to recent highs). If price falls below ₹560, apply stop-loss to protect capital.
Positive
- 📈 EPS of ₹7.55 supports valuation strength.
- 💹 ROE (11.2%) and ROCE (11.8%) show moderate efficiency.
- 📊 Trading above both 50 DMA and 200 DMA, showing medium-term support.
- 📈 PAT improved sequentially (₹47 Cr. vs ₹41.8 Cr.).
- 🏦 FII holdings increased (+0.37%).
Limitation
- ⚠️ Very high P/E (76.8 vs industry 29.0).
- 📉 PEG ratio (9.22) indicates expensive growth.
- 📉 Negative MACD (-5.28) shows mild bearish momentum.
- 📉 Dividend yield is low (0.24%).
- 📉 Debt-to-equity ratio at 0.75 adds financial risk.
Company Negative News
- 📉 DII holdings decreased (-0.09%).
- ⚠️ Quarterly profit variation declined (-25.0%).
Company Positive News
- 📈 PAT growth sequentially shows operational improvement.
- 🏦 FII accumulation signals global investor confidence.
Industry
- 🚗 Auto ancillary sector average PE is 29.0, MINDACORP trades at a steep premium (76.8).
- 📊 Sector demand remains cyclical, supported by auto industry growth and component demand.
Conclusion
⚖️ MINDACORP is a moderately suitable candidate for swing trading. Entry near ₹565–575 offers favorable risk-reward, while exits should be targeted near ₹610–630. Strong EPS, sequential PAT growth, and FII support provide positives, but high valuation, debt levels, and weak profit variation limit short-term upside. Traders should remain cautious and apply strict stop-loss discipline below ₹560.