PREMIERENE - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.9
| Stock Code | PREMIERENE | Market Cap | 35,823 Cr. | Current Price | 792 ₹ | High / Low | 1,178 ₹ |
| Stock P/E | 233 | Book Value | 41.2 ₹ | Dividend Yield | 0.13 % | ROCE | 12.4 % |
| ROE | 9.49 % | Face Value | 1.00 ₹ | DMA 50 | 821 ₹ | DMA 200 | 947 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | -0.54 % | PAT Qtr | 12.6 Cr. | PAT Prev Qtr | 55.1 Cr. |
| RSI | 54.5 | MACD | -29.4 | Volume | 70,88,240 | Avg Vol 1Wk | 26,02,760 |
| Low price | 660 ₹ | High price | 1,178 ₹ | PEG Ratio | 2.72 | Debt to equity | 0.01 |
| 52w Index | 25.4 % | Qtr Profit Var | -65.0 % | EPS | 3.41 ₹ | Industry PE | 25.5 |
📊 Analysis: PREMIERENE trades at an extremely high valuation (P/E 233 vs industry 25.5), which is not supported by earnings (EPS ₹3.41). ROCE (12.4%) and ROE (9.49%) are modest, while dividend yield is negligible (0.13%). The current price (₹792) is below both 50 DMA (₹821) and 200 DMA (₹947), showing technical weakness. RSI at 54.5 indicates neutral momentum, but MACD (-29.4) confirms bearish divergence. Quarterly PAT dropped sharply (₹55.1 Cr → ₹12.6 Cr), a 65% decline, raising concerns about earnings sustainability. Despite low debt-to-equity (0.01), the stock is risky for swing trading due to stretched valuations and weak fundamentals.
💡 Optimal Entry Price: Around ₹760–₹770 (near support zone, close to recent lows).
🚪 Exit Strategy: If already holding, consider booking profits near ₹820–₹830 (50 DMA resistance). Exit below ₹760 if weakness persists to protect capital.
✅ Positive
- Low debt-to-equity ratio (0.01) ensures financial stability.
- Strong trading volume above weekly average, showing market activity.
- FII holdings increased (+0.25%).
⚠️ Limitation
- Extremely high valuation (P/E 233 vs industry 25.5).
- EPS of ₹3.41 is weak relative to price.
- Dividend yield negligible at 0.13%.
- Price trading below both 50 DMA and 200 DMA.
- MACD indicates bearish trend.
📉 Company Negative News
- Quarterly PAT declined sharply (-65%).
- 52-week index at 25.4% shows poor price performance.
- DII holdings decreased (-0.54%).
📈 Company Positive News
- Low debt levels provide balance sheet strength.
- High trading volume indicates investor interest.
🏭 Industry
- Industry P/E at 25.5 highlights PREMIERENE’s extreme overvaluation.
- Media and entertainment sector remains volatile, driven by content performance and consumer demand.
🔎 Conclusion
PREMIERENE is fundamentally weak with stretched valuations, poor earnings, and declining profitability. While low debt and strong trading volume provide some positives, the stock is not an ideal swing trade candidate. Entry near ₹760–₹770 may offer short-term opportunities, but exit near ₹820–₹830 is advisable. Risk management is critical due to high valuation and earnings pressure.