OLECTRA - Swing Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Swing Trade Rating: 4.3

📈 Technical & Momentum Analysis

Current Price (₹1,430) is above both 50 DMA (₹1,259) and 200 DMA (₹1,318) — confirms bullish trend.

RSI (66.6) — strong momentum, approaching overbought zone but not overheated.

MACD (62.3) — strongly positive, confirms upward momentum.

Volume: Well below 1-week average — suggests rally may be cooling off or consolidating.

📊 Fundamental Overview

Valuation

P/E (84.4) vs Industry P/E (31.6) — significantly overvalued.

PEG Ratio (1.52) — high, suggests expensive growth.

EPS (₹16.9) — modest earnings base.

Book Value (₹128) — price trades at ~11.2× book value, premium valuation.

Profitability

ROCE (20.4%) and ROE (14.2%) — solid operational efficiency.

Dividend Yield (0.03%) — negligible, typical for growth stocks.

Quarterly Performance

PAT Qtr: ₹20.7 Cr vs Prev Qtr: ₹46.3 Cr — decline in profits, but Qtr Profit Var: +50.8% YoY shows strong annual growth.

Debt-to-Equity (0.24) — low leverage, financially sound.

FII/DII Holding

FII up (+0.28%), DII up (+0.03%) — positive institutional sentiment.

✅ Swing Trade Strategy

Optimal Entry Price: ₹1,390–₹1,410 (near short-term support and below RSI peak)

Target Exit Price: ₹1,550–₹1,600 (next resistance zone)

Stop Loss: ₹1,360 (below recent support and 50 DMA buffer)

🧭 If You Already Hold the Stock

Hold with a target of ₹1,550–₹1,600.

Exit if price dips below ₹1,360 or RSI crosses above 70 and starts to reverse.

Olectra is a strong swing trade candidate with bullish technicals and improving fundamentals. While valuation is rich, momentum and institutional support favor a short-term upside.

Edit in a page