PAGEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.5
| Stock Code | PAGEIND | Market Cap | 34,818 Cr. | Current Price | 31,225 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 44.9 | Book Value | 1,263 ₹ | Dividend Yield | 2.88 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 33,111 ₹ | DMA 200 | 38,224 ₹ |
| Chg in FII Hold | -2.49 % | Chg in DII Hold | 2.26 % | PAT Qtr | 215 Cr. | PAT Prev Qtr | 195 Cr. |
| RSI | 42.9 | MACD | -702 | Volume | 18,526 | Avg Vol 1Wk | 18,084 |
| Low price | 29,800 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.18 | Debt to equity | 0.19 |
| 52w Index | 6.85 % | Qtr Profit Var | 5.20 % | EPS | 672 ₹ | Industry PE | 21.0 |
📊 PAGEIND shows moderate potential for swing trading. The fundamentals are very strong with ROCE 59.4%, ROE 48.5%, and EPS of ₹672, while dividend yield at 2.88% adds investor appeal. However, valuation is stretched (P/E 44.9 vs industry 21.0, PEG 4.18), and technical indicators are weak: RSI at 42.9 is near oversold, MACD is strongly negative, and the stock trades below both 50 DMA and 200 DMA. The optimal entry price would be near ₹30,000–₹30,200, close to support levels. If already holding, consider exiting around ₹33,000–₹33,200, where resistance from the 50 DMA is expected.
✅ Positive
- Strong fundamentals: ROCE 59.4% and ROE 48.5% indicate excellent capital efficiency.
- EPS at ₹672 shows robust earnings power.
- Dividend yield of 2.88% provides steady income.
- DII holdings increased (+2.26%), showing domestic institutional support.
⚠️ Limitation
- High P/E (44.9) compared to industry average (21.0), indicating overvaluation.
- PEG ratio at 4.18 suggests limited growth relative to valuation.
- Stock trading below both 50 DMA (₹33,111) and 200 DMA (₹38,224), signaling bearish trend.
- FII holdings decreased (-2.49%), showing reduced foreign investor confidence.
📉 Company Negative News
- Stock has fallen sharply from its 52-week high of ₹50,590.
- MACD strongly negative (-702), indicating downward momentum.
- RSI near oversold zone (42.9), showing weak technical strength.
📈 Company Positive News
- Quarterly PAT improved from ₹195 Cr. to ₹215 Cr. (+5.2%).
- Strong dividend yield supports investor confidence.
- Debt-to-equity ratio at 0.19 is manageable.
🏭 Industry
- Industry P/E at 21.0 is much lower than PAGEIND’s, suggesting peers may be better valued.
- Apparel and textile industry has long-term growth potential, driven by premium brand positioning and consumer demand.
📝 Conclusion
PAGEIND is a moderately good swing trade candidate with strong fundamentals but weak technicals and stretched valuation. Entry is advisable near ₹30,000–₹30,200, with exit around ₹33,000–₹33,200 if already holding. Long-term investors may benefit from its strong ROCE, ROE, and dividend yield, while short-term traders should wait for technical confirmation before aggressive positioning.