SHYAMMETL - Swing Trade Analysis with AI Signals
Back to ListHere’s the structured swing trade analysis for SHRIRAMFIN based on the provided parameters
Swing Trade Rating: 4.1
| Stock Code | SHYAMMETL | Market Cap | 27,264 Cr. | Current Price | 975 ₹ | High / Low | 1,014 ₹ |
| Stock P/E | 49.3 | Book Value | 231 ₹ | Dividend Yield | 0.46 % | ROCE | 12.3 % |
| ROE | 8.90 % | Face Value | 10.0 ₹ | DMA 50 | 919 ₹ | DMA 200 | 871 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.30 % | PAT Qtr | 151 Cr. | PAT Prev Qtr | 98.4 Cr. |
| RSI | 58.3 | MACD | 18.3 | Volume | 17,74,985 | Avg Vol 1Wk | 8,36,639 |
| Low price | 746 ₹ | High price | 1,014 ₹ | PEG Ratio | 2.05 | Debt to equity | 0.05 |
| 52w Index | 85.4 % | Qtr Profit Var | 51.9 % | EPS | 19.8 ₹ | Industry PE | 21.8 |
📊 Analysis: SHYAMMETL shows strong swing trading potential. Current price (975 ₹) is above both DMA 50 (919 ₹) and DMA 200 (871 ₹), confirming bullish momentum. RSI at 58.3 indicates healthy strength, while MACD (18.3) supports continued upside. Fundamentals are mixed: ROE (8.9%) and ROCE (12.3%) are modest, but debt-to-equity is very low (0.05), ensuring stability. Valuation is stretched with P/E (49.3) vs industry average (21.8), though EPS (19.8 ₹) and quarterly PAT growth (+51.9%) highlight improving performance.
💰 Optimal Entry: Entry zone lies between 940 ₹ – 960 ₹, near DMA 50 support.
🔑 Exit Strategy: If already holding, consider exiting around 1,000 ₹ – 1,010 ₹, close to recent highs and resistance levels.
✅ Positive
- Strong quarterly PAT growth (+51.9%).
- Price trading above DMA 50 and DMA 200 confirms bullish trend.
- Low debt-to-equity ratio (0.05) ensures financial stability.
- DII holdings increased (+0.30%), showing domestic institutional support.
⚠️ Limitation
- High P/E ratio (49.3) compared to industry average (21.8).
- Modest ROE (8.9%) and ROCE (12.3%).
- Valuation stretched relative to earnings growth.
📉 Company Negative News
- Decline in FII holdings (-0.12%) shows reduced foreign investor confidence.
- Valuation premium may limit upside potential.
📈 Company Positive News
- Quarterly PAT improved to 151 Cr. from 98.4 Cr.
- DII holdings increased (+0.30%), reflecting domestic support.
- Strong trading volume (17.7 lakh) above weekly average (8.36 lakh).
🏭 Industry
- Industry PE at 21.8 vs SHYAMMETL’s 49.3 — stock trades at a steep premium.
- Steel and metals sector remains cyclical but supported by infrastructure demand.
🔎 Conclusion
⚖️ SHYAMMETL is a strong swing trade candidate with rating 4.1. Entry near 940–960 ₹ offers a favorable setup, while exits around 1,000–1,010 ₹ are advisable if already holding. Strong fundamentals and bullish technicals support the trade, though stretched valuation warrants caution.
Would you like me to extend this into a sector overlay to benchmark SHYAMMETL against other steel sector peers?