OLECTRA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.5
| Stock Code | OLECTRA | Market Cap | 10,266 Cr. | Current Price | 1,250 ₹ | High / Low | 1,714 ₹ |
| Stock P/E | 70.0 | Book Value | 137 ₹ | Dividend Yield | 0.03 % | ROCE | 21.0 % |
| ROE | 14.2 % | Face Value | 4.00 ₹ | DMA 50 | 1,124 ₹ | DMA 200 | 1,210 ₹ |
| Chg in FII Hold | 0.21 % | Chg in DII Hold | -0.14 % | PAT Qtr | 47.1 Cr. | PAT Prev Qtr | 52.8 Cr. |
| RSI | 63.0 | MACD | 57.0 | Volume | 6,51,796 | Avg Vol 1Wk | 10,61,112 |
| Low price | 867 ₹ | High price | 1,714 ₹ | PEG Ratio | 1.26 | Debt to equity | 0.28 |
| 52w Index | 45.2 % | Qtr Profit Var | 1.75 % | EPS | 17.9 ₹ | Industry PE | 27.7 |
OLECTRA shows moderate potential for swing trading. The RSI at 63.0 indicates strong momentum but is approaching overbought territory. MACD is highly positive (57.0), suggesting bullish sentiment. The current price (₹1,250) is above both the 50 DMA (₹1,124) and 200 DMA (₹1,210), confirming an uptrend. However, trading volume is below the weekly average, which may limit immediate upside moves.
🎯 Optimal Entry Price
Entry is favorable around ₹1,200–1,230, close to support levels, provided RSI does not cross into overbought territory.
📈 Exit Strategy
If already holding, consider exiting near ₹1,350–1,400. A breakout above ₹1,450 would signal stronger bullish continuation.
✅ Positive
- Strong ROCE (21.0%) and ROE (14.2%) indicate efficient capital use.
- Low debt-to-equity ratio (0.28) provides financial stability.
- EPS of ₹17.9 reflects solid earnings power.
- PEG ratio of 1.26 suggests reasonable growth prospects.
⚠️ Limitation
- High P/E of 70.0 compared to industry average (27.7), indicating overvaluation.
- Book value (₹137) is far below current price, limiting valuation support.
- Dividend yield is negligible at 0.03%.
📉 Company Negative News
- Quarterly PAT declined from ₹52.8 Cr. to ₹47.1 Cr.
- DII holdings decreased (-0.14%), showing reduced domestic institutional confidence.
📈 Company Positive News
- FII holdings increased (+0.21%), showing foreign investor interest.
- Quarterly profit variation at +1.75% indicates slight improvement despite recent decline.
🏭 Industry
- Industry P/E at 27.7 is much lower than OLECTRA’s valuation, highlighting premium pricing.
- EV and clean energy sector demand remains strong, supported by government incentives and infrastructure expansion.
🔎 Conclusion
OLECTRA is a moderately strong swing trade candidate with bullish technicals but stretched valuations. Entry near ₹1,200–1,230 is optimal, with exit around ₹1,350–1,400. A breakout above ₹1,450 could unlock further upside, but traders should remain cautious due to high P/E and limited valuation support.