PETRONET - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.0
| Stock Code | PETRONET | Market Cap | 43,245 Cr. | Current Price | 288 ₹ | High / Low | 326 ₹ |
| Stock P/E | 11.2 | Book Value | 145 ₹ | Dividend Yield | 3.47 % | ROCE | 23.4 % |
| ROE | 18.7 % | Face Value | 10.0 ₹ | DMA 50 | 275 ₹ | DMA 200 | 282 ₹ |
| Chg in FII Hold | 0.83 % | Chg in DII Hold | -0.51 % | PAT Qtr | 1,338 Cr. | PAT Prev Qtr | 848 Cr. |
| RSI | 62.5 | MACD | 3.41 | Volume | 38,56,683 | Avg Vol 1Wk | 41,47,359 |
| Low price | 235 ₹ | High price | 326 ₹ | PEG Ratio | 1.92 | Debt to equity | 0.11 |
| 52w Index | 58.1 % | Qtr Profit Var | 25.0 % | EPS | 25.6 ₹ | Industry PE | 15.4 |
Analysis: PETRONET is a strong candidate for swing trading with solid fundamentals and improving technicals. The RSI at 62.5 indicates bullish momentum, while MACD at 3.41 confirms positive crossover. Current price (288 ₹) is above both 50 DMA (275 ₹) and 200 DMA (282 ₹), reflecting short-term strength. Valuation is attractive with a P/E of 11.2 compared to industry average of 15.4, and PEG ratio at 1.92 suggests fair growth valuation. Fundamentals are robust with ROCE at 23.4% and ROE at 18.7%. PAT improved significantly (₹1,338 Cr vs ₹848 Cr), showing earnings momentum. Dividend yield of 3.47% adds stability for traders.
Optimal Entry Price: Around 275–280 ₹, near DMA support.
Exit Strategy: If already holding, consider profit booking near 310–320 ₹ resistance, or trail stop-loss below 270 ₹.
✅ Positive
- 📈 Strong PAT growth (₹848 Cr → ₹1,338 Cr).
- 📊 EPS of ₹25.6 supports profitability.
- 💰 Dividend yield of 3.47% adds investor appeal.
- 📉 Debt-to-equity ratio at 0.11, showing low leverage risk.
⚠️ Limitation
- ⚠️ RSI at 62.5 indicates near overbought conditions.
- 📉 DII holding decreased (-0.51%), showing weaker domestic support.
- 📊 PEG ratio at 1.92, suggesting valuation risk relative to growth.
📉 Company Negative News
- 📉 Decline in DII holding (-0.51%).
- ⚠️ Trading volumes slightly below weekly average.
📈 Company Positive News
- 📈 FII holding increased (+0.83%), showing foreign investor confidence.
- 📊 Quarterly profit variation at +25%, reflecting earnings improvement.
🏭 Industry
- 🏭 Industry P/E at 15.4, higher than PETRONET’s 11.2, suggesting undervaluation.
- 📊 Energy and gas sector remains resilient, supported by demand for LNG and infrastructure expansion.
🔎 Conclusion
⚖️ PETRONET is a strong swing trade candidate with attractive valuation, solid fundamentals, and improving technicals. Entry near 275–280 ₹ offers favorable risk-reward, while exit should be considered around 310–320 ₹. Dividend yield and earnings growth provide stability, making it suitable for short-term swing trades.
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