SAREGAMA - Swing Trade Analysis with AI Signals
Back to ListHere’s the structured swing trade analysis for SAREGAMA based on the provided parameters
Swing Trade Rating: 4.0
| Stock Code | SAREGAMA | Market Cap | 8,782 Cr. | Current Price | 456 ₹ | High / Low | 540 ₹ |
| Stock P/E | 39.7 | Book Value | 87.8 ₹ | Dividend Yield | 0.99 % | ROCE | 18.0 % |
| ROE | 13.6 % | Face Value | 1.00 ₹ | DMA 50 | 404 ₹ | DMA 200 | 398 ₹ |
| Chg in FII Hold | -2.00 % | Chg in DII Hold | 2.06 % | PAT Qtr | 75.4 Cr. | PAT Prev Qtr | 58.1 Cr. |
| RSI | 60.9 | MACD | 20.8 | Volume | 3,66,173 | Avg Vol 1Wk | 7,72,998 |
| Low price | 306 ₹ | High price | 540 ₹ | PEG Ratio | 4.29 | Debt to equity | 0.06 |
| 52w Index | 64.2 % | Qtr Profit Var | 35.9 % | EPS | 11.2 ₹ | Industry PE | 41.2 |
📊 Analysis: SAREGAMA shows strong swing trading potential. Current price (456 ₹) is above both DMA 50 (404 ₹) and DMA 200 (398 ₹), confirming bullish momentum. RSI at 60.9 indicates mildly overbought conditions, while MACD (20.8) supports continued strength. Fundamentals remain solid with ROCE (18.0%) and ROE (13.6%). EPS (11.2 ₹) and quarterly PAT growth (+35.9%) highlight earnings momentum. Valuation is slightly expensive with P/E (39.7) vs industry average (41.2), but still within range.
💰 Optimal Entry: Entry zone lies between 440 ₹ – 450 ₹, near DMA 50 support.
🔑 Exit Strategy: If already holding, consider exiting around 480 ₹ – 500 ₹, where resistance levels may cap upside.
✅ Positive
- Strong ROCE (18.0%) and ROE (13.6%).
- Debt-to-equity ratio at 0.06 ensures financial stability.
- Quarterly PAT growth (+35.9%) shows earnings momentum.
- Price trading above DMA 50 and DMA 200 confirms bullish trend.
⚠️ Limitation
- RSI at 60.9 indicates mildly overbought conditions.
- PEG ratio (4.29) suggests expensive growth valuation.
- Trading volume (3.66 lakh) is lower than weekly average (7.72 lakh).
📉 Company Negative News
- Decline in FII holdings (-2.00%) shows reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased (+2.06%), showing strong domestic institutional support.
- PAT improved to 75.4 Cr. from 58.1 Cr., reflecting strong earnings growth.
🏭 Industry
- Industry PE at 41.2 vs SAREGAMA’s 39.7 suggests fair valuation.
- Media and entertainment sector remains growth-oriented with digital expansion.
🔎 Conclusion
⚖️ SAREGAMA is a strong swing trade candidate with rating 4.0. Entry near 440–450 ₹ offers a favorable setup, while exits around 480–500 ₹ are advisable if already holding. Strong fundamentals and bullish technicals support the trade, though caution is warranted due to overbought RSI and high PEG ratio.
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