NETWORK18 - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.4
| Stock Code | NETWORK18 | Market Cap | 6,197 Cr. | Current Price | 40.2 ₹ | High / Low | 65.3 ₹ |
| Book Value | 33.2 ₹ | Dividend Yield | 0.00 % | ROCE | -1.20 % | ROE | -9.29 % |
| Face Value | 5.00 ₹ | DMA 50 | 44.3 ₹ | DMA 200 | 51.3 ₹ | Chg in FII Hold | -0.31 % |
| Chg in DII Hold | -0.07 % | PAT Qtr | -55.8 Cr. | PAT Prev Qtr | -70.1 Cr. | RSI | 32.4 |
| MACD | -0.86 | Volume | 33,09,176 | Avg Vol 1Wk | 27,95,270 | Low price | 39.6 ₹ |
| High price | 65.3 ₹ | Debt to equity | 0.63 | 52w Index | 2.60 % | Qtr Profit Var | 15.8 % |
| EPS | 1.74 ₹ | Industry PE | 40.5 |
📊 Network18 shows weak fundamentals and limited swing trading potential. The RSI at 32.4 indicates oversold conditions, which may allow a short-term bounce, but MACD (-0.86) suggests bearish momentum. The stock is trading below both its 50 DMA (44.3 ₹) and 200 DMA (51.3 ₹), reflecting weakness. Optimal entry would be around 39–40 ₹ if support holds. If already holding, consider exiting near 44–46 ₹, close to resistance levels, to limit risk.
✅ Positive
- 📈 Book Value (33.2 ₹) is close to current price, offering some valuation support.
- 📊 Quarterly loss reduced from -70.1 Cr. to -55.8 Cr., showing slight improvement.
- 📈 Volume above 1-week average, indicating short-term trading interest.
⚠️ Limitation
- 📉 Negative ROCE (-1.20%) and ROE (-9.29%) highlight poor efficiency and profitability.
- 📉 No dividend yield, limiting investor returns.
- 📉 Trading below 50 & 200 DMA, showing weak technical momentum.
- 📉 Debt-to-Equity ratio (0.63) indicates moderate leverage risk.
🚨 Company Negative News
- 📉 Continued quarterly losses raise concerns about financial stability.
- 📉 Institutional investors reduced holdings (FII -0.31%, DII -0.07%), signaling cautious sentiment.
🌟 Company Positive News
- 📈 Slight improvement in quarterly losses shows marginal recovery.
- 📊 Trading interest remains strong with higher-than-average volumes.
🏭 Industry
- 📺 Media and broadcasting sector remains cyclical, influenced by advertising demand and digital transition.
- 📊 Industry PE (40.5) highlights profitability in peers, contrasting Network18’s weak performance.
📌 Conclusion
Network18 is a risky candidate for swing trading due to weak fundamentals and persistent losses. Entry around 39–40 ₹ may be considered for speculative trades, with exit near 44–46 ₹ if momentum improves. Traders should adopt strict risk management with a stop-loss near 38 ₹, as downside risk remains significant.