SBIN - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.7
| Stock Code | SBIN | Market Cap | 9,68,471 Cr. | Current Price | 1,049 ₹ | High / Low | 1,235 ₹ |
| Stock P/E | 12.8 | Book Value | 585 ₹ | Dividend Yield | 1.52 % | ROCE | 6.37 % |
| ROE | 17.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,097 ₹ | DMA 200 | 967 ₹ |
| Chg in FII Hold | 0.77 % | Chg in DII Hold | -0.61 % | PAT Qtr | 21,028 Cr. | PAT Prev Qtr | 16,666 Cr. |
| RSI | 34.1 | MACD | -20.0 | Volume | 1,44,72,949 | Avg Vol 1Wk | 1,51,51,957 |
| Low price | 730 ₹ | High price | 1,235 ₹ | PEG Ratio | 0.42 | Debt to equity | 11.7 |
| 52w Index | 63.2 % | Qtr Profit Var | 24.5 % | EPS | 87.0 ₹ | Industry PE | 7.34 |
Analysis: SBI (SBIN) shows a mix of strengths and risks for swing trading. The RSI at 34.1 suggests oversold conditions, which could trigger a rebound. However, the MACD (-20.0) indicates bearish momentum. The current price (₹1,049) is below the 50 DMA (₹1,097) but above the 200 DMA (₹967), reflecting short-term weakness but long-term support. Strong quarterly profit growth (+24.5%) and EPS of ₹87.0 are positives, but high debt-to-equity (11.7) and a P/E above the industry average (12.8 vs. 7.34) raise caution.
Optimal Entry Price: Around ₹1,000–1,020, near support levels and below the 50 DMA.
Exit Strategy (if already holding): Consider exiting near ₹1,180–1,200 if momentum strengthens, or cut losses if price falls below ₹950.
✅ Positive
- Quarterly profit growth of 24.5% (₹21,028 Cr vs. ₹16,666 Cr).
- EPS of ₹87.0 and ROE of 17.3% show strong profitability.
- PEG ratio of 0.42 indicates undervaluation relative to growth.
- FII holdings increased (+0.77%), signaling foreign investor confidence.
⚠️ Limitation
- High debt-to-equity ratio (11.7) increases financial risk.
- ROCE at 6.37% is relatively weak compared to peers.
- Stock P/E (12.8) is higher than industry average (7.34).
- Price below 50 DMA reflects short-term weakness.
📰 Company Negative News
- Concerns over rising debt levels and credit exposure.
- Bearish technical indicators (MACD negative, RSI oversold).
🌟 Company Positive News
- Strong quarterly profit growth and improved EPS.
- Dividend yield of 1.52% provides steady returns.
- FII participation increased, showing confidence in the stock.
🏦 Industry
- Banking sector PE is lower (7.34), making SBI relatively expensive.
- Sector supported by rising credit demand and government infrastructure push.
📌 Conclusion
SBI is a moderately good candidate for swing trading with oversold RSI and strong fundamentals, but high debt and bearish technicals limit upside. Entry near ₹1,000–1,020 offers better risk-reward. Exit near ₹1,180–1,200 if momentum recovers, or below ₹950 to protect capital.