RENUKA - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 2.2
| Stock Code | RENUKA | Market Cap | 5,366 Cr. | Current Price | 25.2 ₹ | High / Low | 40.3 ₹ |
| Book Value | -4.35 ₹ | Dividend Yield | 0.00 % | ROCE | 9.99 % | ROE | % |
| Face Value | 1.00 ₹ | DMA 50 | 26.8 ₹ | DMA 200 | 30.2 ₹ | Chg in FII Hold | 0.12 % |
| Chg in DII Hold | -0.05 % | PAT Qtr | -319 Cr. | PAT Prev Qtr | -215 Cr. | RSI | 39.9 |
| MACD | -0.44 | Volume | 24,01,289 | Avg Vol 1Wk | 28,06,352 | Low price | 24.4 ₹ |
| High price | 40.3 ₹ | 52w Index | 4.66 % | Qtr Profit Var | -1,670 % | EPS | -3.17 ₹ |
| Industry PE | 10.3 |
📊 Based on the given parameters, RENUKA shows weak fundamentals and poor technical signals, making it a risky candidate for swing trading. The stock is trading below both its 50 DMA (26.8 ₹) and 200 DMA (30.2 ₹), with RSI at 39.9 indicating oversold conditions that may allow a short-term rebound. However, negative PAT, negative EPS, and weak momentum (MACD -0.44) limit upside potential. Optimal entry would be near 24.5–25 ₹ (close to support). If already holding, consider exiting around 28–30 ₹ on any rebound.
✅ Positive
- 📉 RSI at 39.9 suggests oversold zone, potential short-term rebound
- 📊 Trading close to 52-week low (24.4 ₹), offering tactical entry opportunity
- 📈 Slight increase in FII holding (+0.12%)
- 📦 Strong trading activity with volume near average levels
⚠️ Limitation
- 📉 Negative PAT (-319 Cr. vs -215 Cr. previous quarter)
- 📉 EPS negative (-3.17 ₹)
- 📉 Book value negative (-4.35 ₹)
- 📉 Dividend yield at 0.00% reduces investor appeal
- 📉 Trading below both 50 DMA and 200 DMA
🚨 Company Negative News
- 📉 Sharp decline in quarterly profits (-1,670% variation)
- 📉 Reduction in DII holding (-0.05%)
🌟 Company Positive News
- 📈 Slight increase in FII holding (+0.12%)
- 📊 RSI oversold zone may attract short-term buyers
🏭 Industry
- 📊 Industry PE at 10.3, showing sector trades at lower valuations
- 📈 Sector remains cyclical with volatility tied to commodity prices
📌 Conclusion
RENUKA is a weak candidate for swing trading with entry only near 24.5–25 ₹ and exit around 28–30 ₹. Oversold technicals may allow a short-term rebound, but poor fundamentals, negative earnings, and declining institutional interest make it highly risky. Suitable only for speculative short-term trades, not for sustained holding.