PIIND - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 4.1
| Stock Code | PIIND | Market Cap | 46,237 Cr. | Current Price | 3,048 ₹ | High / Low | 4,330 ₹ |
| Stock P/E | 28.2 | Book Value | 728 ₹ | Dividend Yield | 0.53 % | ROCE | 25.4 % |
| ROE | 19.7 % | Face Value | 1.00 ₹ | DMA 50 | 3,027 ₹ | DMA 200 | 3,315 ₹ |
| Chg in FII Hold | -0.10 % | Chg in DII Hold | 0.26 % | PAT Qtr | 298 Cr. | PAT Prev Qtr | 491 Cr. |
| RSI | 53.6 | MACD | 34.6 | Volume | 2,14,112 | Avg Vol 1Wk | 3,07,198 |
| Low price | 2,700 ₹ | High price | 4,330 ₹ | PEG Ratio | 0.89 | Debt to equity | 0.00 |
| 52w Index | 21.3 % | Qtr Profit Var | -29.6 % | EPS | 107 ₹ | Industry PE | 25.3 |
PIIND shows strong potential for swing trading. The stock is trading near its 50 DMA (₹3,027) and slightly below its 200 DMA (₹3,315), suggesting consolidation with possible upside. RSI at 53.6 indicates neutral momentum, while MACD is positive (34.6), supporting bullish signals. The optimal entry price would be around ₹3,000–₹3,050, close to support levels. If already holding, consider exiting near ₹3,350–₹3,400, below the recent high of ₹4,330, to capture gains before resistance.
✅ Positive
- Strong fundamentals with ROCE at 25.4% and ROE at 19.7%.
- Debt-free balance sheet (Debt-to-equity: 0.00).
- EPS of ₹107 indicates robust earnings power.
- PEG ratio of 0.89 suggests reasonable valuation relative to growth.
⚠️ Limitation
- Quarterly profit declined significantly (₹491 Cr. to ₹298 Cr.).
- Stock trading below 200 DMA, showing medium-term weakness.
- FII holdings decreased (-0.10%), reflecting reduced foreign investor confidence.
- Dividend yield is modest at 0.53%.
📰 Company Negative News
- Quarterly profit variation (-29.6%) highlights earnings pressure.
- Stock has corrected sharply from its 52-week high of ₹4,330.
🌟 Company Positive News
- Strong return ratios (ROCE and ROE) indicate efficient capital usage.
- DII holdings increased (+0.26%), showing domestic investor support.
🏭 Industry
- Industry P/E is 25.3, close to PIIND’s P/E of 28.2, suggesting fair valuation.
- Sector outlook remains positive, with PIIND positioned strongly due to its fundamentals.
📌 Conclusion
PIIND is a good candidate for swing trading with strong fundamentals and technical support. Entry near ₹3,000–₹3,050 offers a favorable risk-reward setup, while exit should be considered around ₹3,350–₹3,400. Long-term investors may remain confident due to efficiency and debt-free status, while traders can capitalize on short-term momentum.