RITES - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | RITES | Market Cap | 10,197 Cr. | Current Price | 212 ₹ | High / Low | 300 ₹ |
| Stock P/E | 25.4 | Book Value | 53.4 ₹ | Dividend Yield | 3.56 % | ROCE | 20.6 % |
| ROE | 15.7 % | Face Value | 10.0 ₹ | DMA 50 | 209 ₹ | DMA 200 | 225 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.07 % | PAT Qtr | 136 Cr. | PAT Prev Qtr | 95.5 Cr. |
| RSI | 56.4 | MACD | -0.12 | Volume | 4,56,687 | Avg Vol 1Wk | 4,41,958 |
| Low price | 175 ₹ | High price | 300 ₹ | PEG Ratio | -2.86 | Debt to equity | 0.00 |
| 52w Index | 29.8 % | Qtr Profit Var | 1.39 % | EPS | 8.34 ₹ | Industry PE | 17.4 |
📊 RITES shows solid fundamentals with ROCE (20.6%), ROE (15.7%), and a debt-free balance sheet. Dividend yield (3.56%) adds investor appeal. Technicals are neutral with RSI at 56.4 and MACD slightly negative (-0.12), suggesting consolidation. Valuation is slightly high with P/E (25.4 vs industry 17.4). Quarterly PAT rose (136 Cr vs 95.5 Cr), but profit variation (+1.39%) is modest. The stock trades near its 50 DMA (209 ₹) and below 200 DMA (225 ₹), indicating limited momentum.
💡 Optimal Entry Price: Around 205–210 ₹ (near 50 DMA support).
🚪 Exit Strategy: If already holding, consider booking profits near 225–230 ₹ (200 DMA resistance) or trail stop-loss at 200 ₹ to protect downside.
🌟 Positive
- 📈 Strong ROCE (20.6%) and ROE (15.7%).
- 💰 Attractive dividend yield (3.56%).
- 📊 Debt-free balance sheet ensures financial stability.
- 📉 Institutional support with slight increase in FII (+0.01%) and DII (+0.07%).
⚠️ Limitation
- 📌 High P/E (25.4) compared to industry average (17.4).
- 📌 RSI and MACD show weak momentum.
- 📌 Quarterly profit variation modest (+1.39%).
📰 Company Negative News
- No major negative news reported, but limited profit growth is a concern.
📰 Company Positive News
- Quarterly PAT improved (136 Cr vs 95.5 Cr).
- Strong dividend yield supports investor confidence.
🏭 Industry
- Industry P/E at 17.4, highlighting RITES’s premium valuation.
- Infrastructure and railway consultancy demand supports sector growth.
✅ Conclusion
RITES is fundamentally strong with high efficiency and zero debt, making it moderately appealing for swing trading. Entry near 205–210 ₹ offers tactical positioning, while exit near 225–230 ₹ is prudent. Weak technical momentum and modest profit growth limit upside, so disciplined stop-loss management is essential.
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