SAREGAMA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.5
| Stock Code | SAREGAMA | Market Cap | 6,662 Cr. | Current Price | 345 ₹ | High / Low | 603 ₹ |
| Stock P/E | 33.1 | Book Value | 86.1 ₹ | Dividend Yield | 1.30 % | ROCE | 18.0 % |
| ROE | 13.4 % | Face Value | 1.00 ₹ | DMA 50 | 341 ₹ | DMA 200 | 390 ₹ |
| Chg in FII Hold | -2.00 % | Chg in DII Hold | 2.06 % | PAT Qtr | 58.1 Cr. | PAT Prev Qtr | 47.6 Cr. |
| RSI | 53.0 | MACD | 4.42 | Volume | 2,15,832 | Avg Vol 1Wk | 2,35,932 |
| Low price | 306 ₹ | High price | 603 ₹ | PEG Ratio | 3.11 | Debt to equity | 0.00 |
| 52w Index | 13.3 % | Qtr Profit Var | -5.49 % | EPS | 10.2 ₹ | Industry PE | 36.3 |
Analysis: SAREGAMA is showing mixed signals for swing trading. Current price (₹345) is slightly above 50 DMA (₹341) but below 200 DMA (₹390), indicating short-term support but long-term weakness. RSI at 53.0 suggests neutral momentum, while MACD at 4.42 shows mild bullishness. The stock has rebounded from its low (₹306) but remains far from its 52-week high (₹603), reflecting limited upside. Valuation is slightly below industry PE (33.1 vs 36.3), but profit variation (-5.49%) and reduced FII holdings (-2.00%) are cautionary factors.
Optimal Entry Price: ₹335–₹345, near 50 DMA support.
Exit Strategy: If already holding, consider exiting near ₹370–₹380 resistance, or cut losses if price falls below ₹330.
✅ Positive
- Strong ROCE (18.0%) and ROE (13.4%) show efficient capital use.
- Zero debt-to-equity ratio ensures financial stability.
- DII holdings increased (+2.06%), reflecting domestic institutional confidence.
⚠️ Limitation
- Price below 200 DMA (₹390), showing long-term weakness.
- Quarterly profit variation (-5.49%) indicates earnings pressure.
- Trading volume slightly below weekly average, suggesting weaker participation.
📉 Company Negative News
- FII holdings decreased (-2.00%), showing reduced foreign investor interest.
- Stock trading at only 13.3% of its 52-week range, far from highs.
📈 Company Positive News
- PAT improved from ₹47.6 Cr. to ₹58.1 Cr. quarter-on-quarter.
- Dividend yield at 1.30% provides steady income for investors.
🏭 Industry
- Industry PE at 36.3, slightly higher than SAREGAMA’s PE (33.1), suggesting fair valuation.
- Sector stability supports medium-term trading opportunities.
🔎 Conclusion
SAREGAMA is a cautious swing trade candidate with short-term support but long-term weakness. Entry near ₹335–₹345 offers a safer margin, while exit should be targeted around ₹370–₹380 resistance. Investors should remain cautious due to declining foreign interest and weak long-term trend, despite improving quarterly profits and strong fundamentals.