PIIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.9
| Stock Code | PIIND | Market Cap | 48,031 Cr. | Current Price | 3,169 ₹ | High / Low | 4,330 ₹ |
| Stock P/E | 27.2 | Book Value | 728 ₹ | Dividend Yield | 0.51 % | ROCE | 25.4 % |
| ROE | 19.7 % | Face Value | 1.00 ₹ | DMA 50 | 3,280 ₹ | DMA 200 | 3,557 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.68 % | PAT Qtr | 491 Cr. | PAT Prev Qtr | 464 Cr. |
| RSI | 46.0 | MACD | -39.8 | Volume | 6,21,826 | Avg Vol 1Wk | 2,77,701 |
| Low price | 2,951 ₹ | High price | 4,330 ₹ | PEG Ratio | 0.86 | Debt to equity | 0.00 |
| 52w Index | 15.8 % | Qtr Profit Var | -12.1 % | EPS | 116 ₹ | Industry PE | 30.0 |
📊 PIIND shows strong fundamentals but moderate technical weakness, making it a fair candidate for swing trading. The stock is currently at ₹3,169, below its 50 DMA (₹3,280) and 200 DMA (₹3,557), reflecting short-term bearish sentiment. RSI at 46.0 is neutral, while MACD at -39.8 indicates downward momentum. With robust ROCE (25.4%), ROE (19.7%), and EPS (₹116), fundamentals remain solid. Optimal entry would be in the ₹3,050–₹3,100 range. If already holding, exit near ₹3,500–₹3,550, where resistance from the 200 DMA is expected.
✅ Positive
- Strong ROCE (25.4%) and ROE (19.7%) highlight operational efficiency.
- EPS of ₹116 supports valuation strength.
- PEG ratio of 0.86 suggests fair valuation relative to growth.
- DII holdings increased (+0.68%), showing domestic institutional support.
- Debt-to-equity ratio at 0.00 indicates zero leverage risk.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA shows technical weakness.
- Quarterly profit variance (-12.1%) indicates earnings volatility.
- FII holdings decreased (-0.45%), showing reduced foreign investor confidence.
- MACD negative (-39.8), confirming bearish momentum.
📉 Company Negative News
- Quarterly PAT declined from ₹464 Cr. to ₹491 Cr. with -12.1% variance.
- FII outflows (-0.45%) reflect reduced foreign confidence.
📈 Company Positive News
- Strong fundamentals with high ROCE and ROE.
- DII inflows (+0.68%) show confidence from domestic institutions.
- EPS of ₹116 supports valuation despite short-term weakness.
🏭 Industry
- Industry PE at 30.0 is slightly higher than PIIND’s 27.2, suggesting fair valuation.
- Chemicals and agro-science sector has long-term growth potential driven by demand in specialty chemicals.
🔎 Conclusion
PIIND is a moderate swing candidate with strong fundamentals but weak technicals. Entry near ₹3,050–₹3,100 offers margin of safety. Exit around ₹3,500–₹3,550 is advisable if already holding, as resistance is expected near the 200 DMA. Risk management is essential due to short-term profit decline and bearish momentum indicators.