NUVOCO - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 2.7
| Stock Code | NUVOCO | Market Cap | 10,365 Cr. | Current Price | 290 ₹ | High / Low | 478 ₹ |
| Stock P/E | 38.3 | Book Value | 264 ₹ | Dividend Yield | 0.00 % | ROCE | 6.40 % |
| ROE | 2.91 % | Face Value | 10.0 ₹ | DMA 50 | 308 ₹ | DMA 200 | 345 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.26 % | PAT Qtr | 91.3 Cr. | PAT Prev Qtr | 56.2 Cr. |
| RSI | 43.1 | MACD | -3.23 | Volume | 6,34,594 | Avg Vol 1Wk | 6,23,525 |
| Low price | 276 ₹ | High price | 478 ₹ | PEG Ratio | -6.60 | Debt to equity | 0.41 |
| 52w Index | 7.06 % | Qtr Profit Var | -21.0 % | EPS | 7.28 ₹ | Industry PE | 30.5 |
NUVOCO currently shows weak technical strength for swing trading. The RSI at 43.1 is neutral, while MACD remains negative, signaling bearish momentum. The price (₹290) is trading below both the 50 DMA (₹308) and 200 DMA (₹345), indicating a downtrend. Slightly higher-than-average volume suggests some activity, but not strong enough to confirm bullish reversal.
🎯 Optimal Entry Price
Entry is favorable near ₹276–280, close to the recent low, only if RSI stabilizes and MACD turns positive.
📈 Exit Strategy
If already holding, consider exiting around ₹308–315 (near 50 DMA resistance). A sustained breakout above ₹345 would be a stronger bullish signal.
✅ Positive
- Quarterly PAT improved from ₹56.2 Cr. to ₹91.3 Cr.
- Debt-to-equity ratio at 0.41 is manageable.
- Book value (₹264) is close to current price, limiting downside risk.
⚠️ Limitation
- High P/E of 38.3 compared to industry average (30.5).
- Low ROE (2.91%) and ROCE (6.40%) reflect weak efficiency.
- No dividend yield, reducing investor appeal.
📉 Company Negative News
- Quarterly profit variation at -21% shows inconsistency.
- FII holdings decreased (-0.12%), signaling reduced foreign confidence.
📈 Company Positive News
- DII holdings increased (+0.26%), showing domestic institutional support.
- Improved quarterly PAT suggests operational recovery.
🏭 Industry
- Industry P/E at 30.5 is lower than NUVOCO’s valuation.
- Cement sector demand is cyclical, tied to infrastructure growth.
🔎 Conclusion
NUVOCO is not an ideal swing trade candidate at present due to weak technicals and high valuation. Entry is only viable near ₹276–280 with cautious monitoring. Exit around ₹308–315 is advisable unless momentum strengthens. Long-term investors may wait for consistent earnings and technical confirmation before committing further.