SHYAMMETL - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.7
| Stock Code | SHYAMMETL | Market Cap | 25,304 Cr. | Current Price | 905 ₹ | High / Low | 1,001 ₹ |
| Stock P/E | 50.5 | Book Value | 222 ₹ | Dividend Yield | 0.50 % | ROCE | 12.0 % |
| ROE | 8.48 % | Face Value | 10.0 ₹ | DMA 50 | 834 ₹ | DMA 200 | 843 ₹ |
| Chg in FII Hold | -0.12 % | Chg in DII Hold | 0.30 % | PAT Qtr | 98.4 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 65.4 | MACD | 18.7 | Volume | 6,92,889 | Avg Vol 1Wk | 6,99,262 |
| Low price | 746 ₹ | High price | 1,001 ₹ | PEG Ratio | -3.38 | Debt to equity | 0.05 |
| 52w Index | 62.6 % | Qtr Profit Var | -17.2 % | EPS | 18.0 ₹ | Industry PE | 22.4 |
Analysis: SHYAMMETL is trading at ₹905, above both 50 DMA (₹834) and 200 DMA (₹843), showing short-term bullish strength. RSI at 65.4 indicates moderately overbought conditions, while MACD at 18.7 supports positive momentum. However, fundamentals are mixed: P/E (50.5) is much higher than industry PE (22.4), suggesting overvaluation. ROCE (12.0%) and ROE (8.48%) are modest, and quarterly PAT declined from ₹136 Cr. to ₹98.4 Cr. (-17.2%). Institutional activity shows slight FII reduction (-0.12%) but DII support (+0.30%). Overall, the stock has momentum but faces valuation and earnings challenges.
Optimal Entry Price: ₹880–₹895, closer to support levels.
Exit Strategy: If already holding, consider booking profits near ₹950–₹980 resistance, or exit if price falls below ₹870.
✅ Positive
- Price trading above both 50 DMA and 200 DMA confirms bullish momentum.
- Low debt-to-equity ratio (0.05) ensures financial stability.
- DII holdings increased (+0.30%), showing domestic institutional support.
⚠️ Limitation
- High valuation with P/E 50.5 vs Industry PE 22.4.
- Quarterly PAT decline (-17.2%) raises concerns about earnings consistency.
- PEG ratio (-3.38) suggests poor growth prospects relative to valuation.
📉 Company Negative News
- Quarterly PAT fell from ₹136 Cr. to ₹98.4 Cr.
- FII holdings decreased (-0.12%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased (+0.30%), reflecting domestic support.
- Stock trading at 62.6% of its 52-week range, showing recovery from lows.
🏭 Industry
- Industry PE at 22.4, much lower than SHYAMMETL’s PE (50.5), showing premium valuation.
- Sector outlook remains stable, supporting medium-term swing opportunities.
🔎 Conclusion
SHYAMMETL is a moderate swing trade candidate with bullish technicals but weak fundamentals. Entry near ₹880–₹895 offers a safer margin, while exit should be targeted around ₹950–₹980 resistance. High valuation and declining profits warrant caution, but low debt and institutional support provide some stability for short-term trades.