SHYAMMETL - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.6
| Stock Code | SHYAMMETL | Market Cap | 23,940 Cr. | Current Price | 857 ₹ | High / Low | 1,001 ₹ |
| Stock P/E | 47.8 | Book Value | 222 ₹ | Dividend Yield | 0.53 % | ROCE | 12.0 % |
| ROE | 8.48 % | Face Value | 10.0 ₹ | DMA 50 | 833 ₹ | DMA 200 | 852 ₹ |
| Chg in FII Hold | -0.44 % | Chg in DII Hold | 0.23 % | PAT Qtr | 98.4 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 57.7 | MACD | 7.66 | Volume | 78,761 | Avg Vol 1Wk | 2,30,887 |
| Low price | 662 ₹ | High price | 1,001 ₹ | PEG Ratio | -3.19 | Debt to equity | 0.05 |
| 52w Index | 57.6 % | Qtr Profit Var | -17.2 % | EPS | 18.0 ₹ | Industry PE | 19.5 |
📊 SHYAMMETL shows moderate potential for swing trading. The current price (857 ₹) is above the 50 DMA (833 ₹) and close to the 200 DMA (852 ₹), indicating consolidation with mild bullish momentum. RSI at 57.7 suggests neutral-to-positive strength, while MACD (7.66) confirms short-term bullishness. Fundamentals are mixed: EPS of 18.0 ₹ and low debt-to-equity (0.05) support stability, but high P/E (47.8 vs industry PE of 19.5) and declining quarterly PAT (-17.2%) raise caution. Institutional sentiment is weak with FII holdings decreasing (-0.44%) and only slight DII support (+0.23%).
💡 Optimal Entry Price: Around 835–845 ₹ (near DMA support).
🚪 Exit Strategy: If already holding, consider exiting near 950–980 ₹ (resistance zone) or if RSI crosses 65 with weakening momentum.
✅ Positive
- EPS of 18.0 ₹ supports earnings visibility.
- Debt-to-equity ratio of 0.05 shows very low leverage risk.
- Stock trading above both 50 DMA and 200 DMA reflects short-term strength.
- DII holdings increased slightly (+0.23%), showing domestic support.
⚠️ Limitation
- High P/E of 47.8 compared to industry PE of 19.5 suggests overvaluation.
- Quarterly PAT declined from 136 Cr. to 98.4 Cr. (-17.2%).
- Dividend yield of 0.53% is modest.
- FII holdings decreased (-0.44%), showing reduced foreign investor interest.
📉 Company Negative News
- Sequential decline in quarterly profits raises caution.
- Valuation concerns due to high P/E and negative PEG ratio (-3.19).
📈 Company Positive News
- Strong technical momentum with positive MACD.
- Low debt-to-equity ratio enhances financial stability.
- Stock price consolidation near DMA levels indicates resilience.
🏭 Industry
- Industry PE at 19.5 vs SHYAMMETL’s 47.8 highlights premium valuation.
- Steel and metals sector remains cyclical but supported by infrastructure demand.
🔎 Conclusion
SHYAMMETL is a moderately attractive swing trade candidate. Entry near 835–845 ₹ offers a favorable risk-reward setup, with exit targets around 950–980 ₹. Strong technical signals and low debt support stability, but high valuations and declining profits suggest cautious trading. Best suited for traders monitoring resistance levels and momentum closely.