NH - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.4
| Stock Code | NH | Market Cap | 35,934 Cr. | Current Price | 1,758 ₹ | High / Low | 2,372 ₹ |
| Stock P/E | 77.4 | Book Value | 114 ₹ | Dividend Yield | 0.26 % | ROCE | 19.4 % |
| ROE | 21.0 % | Face Value | 10.0 ₹ | DMA 50 | 1,843 ₹ | DMA 200 | 1,782 ₹ |
| Chg in FII Hold | 0.61 % | Chg in DII Hold | 0.15 % | PAT Qtr | 138 Cr. | PAT Prev Qtr | 87.4 Cr. |
| RSI | 40.1 | MACD | -35.4 | Volume | 4,16,741 | Avg Vol 1Wk | 3,29,443 |
| Low price | 1,296 ₹ | High price | 2,372 ₹ | PEG Ratio | 1.67 | Debt to equity | 0.69 |
| 52w Index | 42.9 % | Qtr Profit Var | 30.6 % | EPS | 22.7 ₹ | Industry PE | 44.0 |
📊 NH shows moderate potential for swing trading. The stock is currently at 1,758 ₹, trading below its 50 DMA (1,843 ₹) and slightly below its 200 DMA (1,782 ₹), reflecting short-term weakness. RSI at 40.1 suggests the stock is nearing oversold territory, while MACD at -35.4 confirms bearish momentum. Fundamentals are decent with ROCE at 19.4% and ROE at 21.0%, but valuation is stretched (P/E 77.4 vs industry 44.0). EPS at 22.7 ₹ and quarterly PAT growth (87.4 Cr. → 138 Cr.) provide some support, though high debt-to-equity (0.69) and weak dividend yield limit attractiveness.
✅ Optimal Entry Price: 1,720–1,750 ₹ (near support zone)
🚪 Exit Strategy (if already holding): Consider profit booking around 1,850–1,900 ₹ (near 50 DMA resistance), or exit if price falls below 1,700 ₹ with strong volume.
Positive
- 💡 Strong ROE (21.0%) and ROCE (19.4%) highlight efficient capital use.
- 📊 EPS of 22.7 ₹ reflects earnings strength.
- 📈 Quarterly PAT growth of 30.6% (87.4 Cr. → 138 Cr.).
- 📦 FII holding increased by 0.61%, showing foreign investor confidence.
- 📈 Trading volume above weekly average indicates active participation.
Limitation
- ⚠️ High P/E of 77.4 vs industry average of 44.0.
- 📉 Dividend yield of only 0.26% offers limited income support.
- 🔻 Debt-to-equity ratio of 0.69 adds financial risk.
- 📉 Trading below both 50 DMA and 200 DMA, showing weak momentum.
Company Negative News
- 📉 Stock momentum remains weak with RSI at 40.1 and MACD at -35.4.
- 🚫 Valuation stretched compared to peers.
Company Positive News
- 📊 PAT improved significantly (87.4 Cr. → 138 Cr.).
- 📈 FII inflows (+0.61%) and DII inflows (+0.15%) show institutional confidence.
- 📈 Volume strength above average supports short-term trading interest.
Industry
- 🏭 Industry P/E at 44.0 indicates sector is moderately valued.
- 📦 Healthcare sector benefits from rising demand and long-term growth drivers.
Conclusion
⚖️ NH is a fundamentally decent company with improving profits but faces stretched valuations and weak short-term momentum. Entry near 1,720–1,750 ₹ offers a cautious swing setup, with exit targets around 1,850–1,900 ₹. Risk management is essential if price breaks below 1,700 ₹, as momentum could weaken further.