SHYAMMETL - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.3
| Stock Code | SHYAMMETL | Market Cap | 21,924 Cr. | Current Price | 786 ₹ | High / Low | 1,001 ₹ |
| Stock P/E | 43.7 | Book Value | 222 ₹ | Dividend Yield | 0.57 % | ROCE | 12.0 % |
| ROE | 8.48 % | Face Value | 10.0 ₹ | DMA 50 | 825 ₹ | DMA 200 | 847 ₹ |
| Chg in FII Hold | -0.44 % | Chg in DII Hold | 0.23 % | PAT Qtr | 98.4 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 41.3 | MACD | -20.1 | Volume | 1,90,632 | Avg Vol 1Wk | 3,05,405 |
| Low price | 737 ₹ | High price | 1,001 ₹ | PEG Ratio | -2.92 | Debt to equity | 0.05 |
| 52w Index | 18.6 % | Qtr Profit Var | -17.2 % | EPS | 18.0 ₹ | Industry PE | 17.9 |
📊 SHYAMMETL trades at ₹786, below its 50DMA (₹825) and 200DMA (₹847), showing weak technical momentum. Indicators (RSI 41.3, MACD -20.1) suggest bearish sentiment. Fundamentals are mixed: low debt and decent book value, but declining profits, weak ROE, and expensive valuation compared to industry PE. This makes SHYAMMETL a cautious swing trade candidate.
💡 Optimal Entry Price: Around ₹770–785 (near support zone).
🔔 Exit Strategy if Holding: Consider exiting near ₹820–830 (around 50DMA resistance) unless momentum improves further.
✅ Positive
- Debt-to-equity ratio of 0.05 indicates strong financial stability.
- Book value of ₹222 provides asset backing.
- DII holdings increased by 0.23%, showing minor domestic confidence.
- Dividend yield of 0.57% provides some investor support.
⚠️ Limitation
- High P/E of 43.7 compared to industry PE of 17.9.
- ROE at 8.48% and ROCE at 12% are modest.
- PEG ratio of -2.92 suggests poor growth valuation.
- Trading volume lower than average, showing reduced activity.
📉 Company Negative News
- Quarterly PAT fell from ₹136 Cr. to ₹98.4 Cr. (-17.2%).
- Price trading below both 50DMA and 200DMA.
- FII holdings decreased by 0.44%, showing reduced foreign confidence.
📈 Company Positive News
- Low debt enhances financial resilience.
- Stable dividend yield compared to peers.
- DII confidence reflected in slight stake increase.
🏭 Industry
- Industry PE at 17.9, much lower than SHYAMMETL’s valuation.
- Steel and metals sector remains cyclical, tied to global demand and commodity prices.
- Domestic infrastructure growth supports long-term fundamentals.
🔎 Conclusion
SHYAMMETL is financially stable with low debt and decent book value but suffers from weak profitability, expensive valuation, and poor technicals. It is a cautious swing trade candidate if entered near ₹770–785 with a target around ₹820–830. Risk management is essential due to declining profits and weak momentum.