NUVOCO - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.8
| Stock Code | NUVOCO | Market Cap | 10,170 Cr. | Current Price | 285 ₹ | High / Low | 478 ₹ |
| Stock P/E | 34.4 | Book Value | 260 ₹ | Dividend Yield | 0.00 % | ROCE | 3.26 % |
| ROE | 0.43 % | Face Value | 10.0 ₹ | DMA 50 | 327 ₹ | DMA 200 | 359 ₹ |
| Chg in FII Hold | -0.19 % | Chg in DII Hold | 0.00 % | PAT Qtr | 56.2 Cr. | PAT Prev Qtr | 32.5 Cr. |
| RSI | 34.1 | MACD | -13.4 | Volume | 2,29,293 | Avg Vol 1Wk | 2,55,324 |
| Low price | 280 ₹ | High price | 478 ₹ | PEG Ratio | -3.79 | Debt to equity | 0.49 |
| 52w Index | 2.33 % | Qtr Profit Var | 227 % | EPS | 8.27 ₹ | Industry PE | 27.0 |
📊 Based on the given parameters, NUVOCO does not appear to be a strong candidate for swing trading at the moment. The technical indicators (RSI at 34.1, MACD negative, price below both 50 DMA and 200 DMA) suggest weakness and bearish momentum. The fundamentals show limited profitability (ROCE 3.26%, ROE 0.43%) despite a recent jump in quarterly profit. The optimal entry price would be closer to the support zone around ₹280. If already holding, consider exiting near ₹320–₹330, where resistance from the 50 DMA is expected.
✅ Positive
- Quarterly profit growth: PAT jumped from ₹32.5 Cr. to ₹56.2 Cr. (227% variation).
- EPS at ₹8.27 shows some earnings improvement.
- Debt-to-equity ratio at 0.49 is moderate, not overly leveraged.
⚠️ Limitation
- Stock P/E (34.4) is higher than industry average (27.0), indicating overvaluation.
- Dividend yield is 0%, offering no passive income.
- Weak ROCE and ROE suggest poor capital efficiency.
- FII holding decreased (-0.19%), showing reduced institutional confidence.
📉 Company Negative News
- No dividend distribution policy, reducing investor appeal.
- Stock trading below both 50 DMA and 200 DMA, signaling bearish trend.
📈 Company Positive News
- Strong quarterly profit growth indicates operational improvement.
- EPS growth supports potential long-term recovery.
🏭 Industry
- Industry P/E at 27.0 is lower than NUVOCO’s P/E, suggesting peers may be better valued.
- Cement industry demand is cyclical, tied to infrastructure and real estate growth.
📝 Conclusion
NUVOCO shows short-term weakness with limited swing trade potential. Entry is only advisable near ₹280 support, with exit around ₹320–₹330 if already holding. Long-term investors may wait for improved ROCE/ROE and stronger technical signals before committing further.