PIIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | PIIND | Market Cap | 43,951 Cr. | Current Price | 2,891 ₹ | High / Low | 4,330 ₹ |
| Stock P/E | 26.8 | Book Value | 728 ₹ | Dividend Yield | 0.55 % | ROCE | 25.4 % |
| ROE | 19.7 % | Face Value | 1.00 ₹ | DMA 50 | 3,110 ₹ | DMA 200 | 3,425 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.68 % | PAT Qtr | 298 Cr. | PAT Prev Qtr | 491 Cr. |
| RSI | 34.5 | MACD | -64.8 | Volume | 97,988 | Avg Vol 1Wk | 2,18,001 |
| Low price | 2,840 ₹ | High price | 4,330 ₹ | PEG Ratio | 0.85 | Debt to equity | 0.00 |
| 52w Index | 3.41 % | Qtr Profit Var | -29.6 % | EPS | 107 ₹ | Industry PE | 21.3 |
📊 PIIND shows moderate potential for swing trading. The fundamentals are strong with ROCE 25.4%, ROE 19.7%, zero debt, and EPS of ₹107. Valuation is slightly stretched (P/E 26.8 vs industry 21.3), but PEG ratio at 0.85 suggests fair growth alignment. Technical indicators, however, are weak: RSI at 34.5 is near oversold, MACD is negative, and the stock trades below both 50 DMA and 200 DMA. The optimal entry price would be near ₹2,850–₹2,870, close to support levels. If already holding, consider exiting around ₹3,100–₹3,150, where resistance from the 50 DMA is expected.
✅ Positive
- Strong fundamentals: ROCE 25.4% and ROE 19.7% indicate efficient capital use.
- Debt-free balance sheet provides financial flexibility.
- EPS at ₹107 shows strong earnings power.
- DII holdings increased (+0.68%), showing domestic institutional support.
- PEG ratio at 0.85 suggests valuation is aligned with growth prospects.
⚠️ Limitation
- Quarterly PAT declined from ₹491 Cr. to ₹298 Cr. (-29.6%).
- Stock trading below both 50 DMA (₹3,110) and 200 DMA (₹3,425), signaling bearish trend.
- FII holdings decreased (-0.45%), showing reduced foreign investor confidence.
- RSI near oversold zone (34.5) indicates weak momentum.
📉 Company Negative News
- Quarterly profit decline raises concerns about earnings stability.
- MACD strongly negative (-64.8), suggesting downward pressure.
- Stock has fallen significantly from its 52-week high of ₹4,330.
📈 Company Positive News
- Strong fundamentals with high ROCE and ROE.
- Debt-free structure supports long-term stability.
- Dividend yield of 0.55% provides some passive income.
🏭 Industry
- Industry P/E at 21.3 is lower than PIIND’s 26.8, suggesting peers may be better valued.
- Chemicals and agro-science industry has strong long-term demand, though cyclical in nature.
📝 Conclusion
PIIND is a moderately good swing trade candidate with strong fundamentals but weak technicals. Entry is advisable near ₹2,850–₹2,870, with exit around ₹3,100–₹3,150 if already holding. Long-term investors may benefit from its strong ROCE, ROE, and debt-free profile, while short-term traders should wait for technical confirmation before aggressive positioning.