OLECTRA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | OLECTRA | Market Cap | 11,883 Cr. | Current Price | 1,447 ₹ | High / Low | 1,714 ₹ |
| Stock P/E | 68.7 | Book Value | 149 ₹ | Dividend Yield | 0.03 % | ROCE | 20.9 % |
| ROE | 15.2 % | Face Value | 4.00 ₹ | DMA 50 | 1,235 ₹ | DMA 200 | 1,227 ₹ |
| Chg in FII Hold | 0.21 % | Chg in DII Hold | -0.14 % | PAT Qtr | 50.6 Cr. | PAT Prev Qtr | 47.1 Cr. |
| RSI | 68.4 | MACD | 32.7 | Volume | 37,57,964 | Avg Vol 1Wk | 15,26,417 |
| Low price | 867 ₹ | High price | 1,714 ₹ | PEG Ratio | 1.98 | Debt to equity | 0.28 |
| 52w Index | 68.4 % | Qtr Profit Var | 108 % | EPS | 21.1 ₹ | Industry PE | 29.2 |
Analysis: OLECTRA shows strong swing trade potential. The RSI at 68.4 indicates bullish momentum, while MACD at 32.7 confirms strong upward trend. Current price (1,447 ₹) is well above both 50 DMA (1,235 ₹) and 200 DMA (1,227 ₹), reflecting strong technical resilience. Fundamentals are solid with ROCE at 20.9% and ROE at 15.2%. Valuation is stretched with a high P/E of 68.7 compared to industry average of 29.2, but PEG ratio of 1.98 suggests growth justification. Quarterly PAT rose to 50.6 Cr. from 47.1 Cr., showing consistent improvement.
Optimal Entry Price: Around 1,400–1,420 ₹, near short-term support.
Exit Strategy: If already holding, consider profit booking near 1,600–1,650 ₹ resistance, or trail stop-loss below 1,350 ₹.
✅ Positive
- 📈 Strong ROCE (20.9%) and ROE (15.2%).
- 📊 PEG ratio of 1.98 indicates valuation supported by growth.
- 📉 Debt-to-equity ratio at 0.28, showing financial stability.
- 📈 Price above both 50 DMA and 200 DMA confirms bullish trend.
⚠️ Limitation
- ⚠️ High P/E (68.7 vs industry 29.2).
- 📉 Book value (149 ₹) far below current price.
- 💰 Dividend yield negligible at 0.03%.
📉 Company Negative News
- 📉 DII holding decreased (-0.14%).
- ⚠️ Valuation premium compared to peers.
📈 Company Positive News
- 📈 Quarterly PAT growth (50.6 Cr vs 47.1 Cr).
- 📊 FII holding increased (+0.21%), showing foreign investor confidence.
- 📈 Quarterly profit variation at 108%, reflecting strong earnings momentum.
🏭 Industry
- 🚍 Industry P/E at 29.2, much lower than OLECTRA’s, suggesting premium valuation.
- 📊 EV and electric bus sector supported by government initiatives and rising demand.
🔎 Conclusion
⚖️ OLECTRA is a strong swing trade candidate with bullish technical signals and solid efficiency metrics. Entry near 1,400–1,420 ₹ offers favorable risk-reward, while upside potential exists toward 1,600–1,650 ₹. High valuation and limited dividend yield are concerns, but strong fundamentals and sector tailwinds make it attractive for short-term trading opportunities.
Would you like me to expand this into a peer benchmarking report against Ola Electric and Tata Motors, or keep it focused strictly on swing trading analysis?