OFSS - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.7
| Stock Code | OFSS | Market Cap | 84,793 Cr. | Current Price | 9,730 ₹ | High / Low | 9,950 ₹ |
| Stock P/E | 30.6 | Book Value | 806 ₹ | Dividend Yield | 2.72 % | ROCE | 49.4 % |
| ROE | 38.1 % | Face Value | 5.00 ₹ | DMA 50 | 7,755 ₹ | DMA 200 | 7,973 ₹ |
| Chg in FII Hold | -0.32 % | Chg in DII Hold | 0.30 % | PAT Qtr | 1,111 Cr. | PAT Prev Qtr | 614 Cr. |
| RSI | 85.8 | MACD | 725 | Volume | 3,63,803 | Avg Vol 1Wk | 4,67,486 |
| Low price | 6,232 ₹ | High price | 9,950 ₹ | PEG Ratio | 1.90 | Debt to equity | 0.00 |
| 52w Index | 94.1 % | Qtr Profit Var | -39.5 % | EPS | 319 ₹ | Industry PE | 35.0 |
OFSS shows strong fundamentals and bullish technicals, making it a decent candidate for swing trading. The RSI at 85.8 indicates the stock is highly overbought, while MACD is strongly positive (725), suggesting strong momentum but also risk of near-term correction. The current price (₹9,730) is well above both the 50 DMA (₹7,755) and 200 DMA (₹7,973), confirming a strong uptrend. However, volume is slightly below the weekly average, which may limit immediate upside.
🎯 Optimal Entry Price
Entry is favorable only on dips near ₹9,200–9,300, as RSI suggests overbought conditions. Buying at current levels carries higher risk.
📈 Exit Strategy
If already holding, consider exiting near ₹9,950–10,000 (recent high zone). A breakout above ₹10,000 would signal further upside potential.
✅ Positive
- Strong ROCE (49.4%) and ROE (38.1%) indicate excellent efficiency.
- Debt-free company (Debt-to-equity ratio 0.00).
- EPS of ₹319 reflects robust earnings power.
- Dividend yield of 2.72% adds investor appeal.
⚠️ Limitation
- High RSI (85.8) suggests overbought levels and risk of correction.
- P/E of 30.6 is slightly above industry average (35.0), showing premium pricing.
- Book value (₹806) is far below current price, limiting valuation support.
📉 Company Negative News
- Quarterly profit variation at -39.5% shows earnings pressure.
- FII holdings decreased (-0.32%), signaling reduced foreign investor confidence.
📈 Company Positive News
- Quarterly PAT improved significantly from ₹614 Cr. to ₹1,111 Cr.
- DII holdings increased (+0.30%), showing domestic institutional support.
🏭 Industry
- Industry P/E at 35.0 is close to OFSS’s valuation, indicating fair pricing.
- IT services sector demand remains strong, driven by digital transformation and global outsourcing trends.
🔎 Conclusion
OFSS is a strong swing trade candidate with excellent fundamentals and bullish technicals. Entry is best on dips near ₹9,200–9,300, with exit around ₹9,950–10,000. Traders should be cautious of overbought RSI levels, as a short-term correction is likely before further upside.