PAGEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.7
| Stock Code | PAGEIND | Market Cap | 37,932 Cr. | Current Price | 34,080 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 49.6 | Book Value | 1,263 ₹ | Dividend Yield | 2.64 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 35,567 ₹ | DMA 200 | 40,318 ₹ |
| Chg in FII Hold | -2.49 % | Chg in DII Hold | 2.26 % | PAT Qtr | 195 Cr. | PAT Prev Qtr | 201 Cr. |
| RSI | 44.4 | MACD | -834 | Volume | 42,298 | Avg Vol 1Wk | 19,001 |
| Low price | 31,740 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.62 | Debt to equity | 0.19 |
| 52w Index | 12.4 % | Qtr Profit Var | -0.26 % | EPS | 685 ₹ | Industry PE | 27.5 |
📊 PAGEIND shows strong fundamentals but weak technicals, making it a cautious candidate for swing trading. The stock is currently at ₹34,080, below both its 50 DMA (₹35,567) and 200 DMA (₹40,318), reflecting bearish sentiment. RSI at 44.4 is near oversold territory, while MACD at -834 indicates strong downward momentum. Despite this, ROCE (59.4%), ROE (48.5%), and EPS (₹685) highlight excellent fundamentals. Optimal entry would be in the ₹32,000–₹33,000 range. If already holding, exit near ₹35,500–₹36,000, where resistance from the 50 DMA is expected.
✅ Positive
- Exceptional ROCE (59.4%) and ROE (48.5%) show strong operational efficiency.
- EPS of ₹685 supports valuation strength.
- Dividend yield of 2.64% provides attractive returns.
- DII holdings increased (+2.26%), showing domestic institutional support.
- Debt-to-equity ratio at 0.19 indicates low leverage risk.
⚠️ Limitation
- High P/E of 49.6 compared to industry PE of 27.5 suggests overvaluation.
- Stock trading below both 50 DMA and 200 DMA shows technical weakness.
- PEG ratio of 4.62 indicates expensive valuation relative to growth.
- Quarterly PAT slightly declined (₹201 Cr. to ₹195 Cr.).
📉 Company Negative News
- FII holdings decreased (-2.49%), showing reduced foreign investor confidence.
- MACD strongly negative (-834), confirming bearish momentum.
- 52-week index at 12.4% highlights underperformance relative to peers.
📈 Company Positive News
- Strong fundamentals with high ROCE and ROE.
- DII inflows (+2.26%) reflect confidence from domestic institutions.
- Dividend yield of 2.64% adds investor appeal.
🏭 Industry
- Industry PE at 27.5 is much lower than PAGEIND’s 49.6, highlighting overvaluation.
- Textiles and apparel sector remains competitive but supported by premium brand positioning.
🔎 Conclusion
PAGEIND is a moderate swing candidate with excellent fundamentals but weak technicals and overvaluation concerns. Entry near ₹32,000–₹33,000 offers margin of safety. Exit around ₹35,500–₹36,000 is advisable if already holding, as resistance is expected near the 50 DMA. Risk management is essential due to bearish momentum and high valuation.