SOLARINDS - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.0
| Stock Code | SOLARINDS | Market Cap | 1,43,417 Cr. | Current Price | 15,842 ₹ | High / Low | 17,820 ₹ |
| Stock P/E | 134 | Book Value | 387 ₹ | Dividend Yield | 0.06 % | ROCE | 37.3 % |
| ROE | 29.7 % | Face Value | 2.00 ₹ | DMA 50 | 14,252 ₹ | DMA 200 | 13,587 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | -0.02 % | PAT Qtr | 329 Cr. | PAT Prev Qtr | 235 Cr. |
| RSI | 68.7 | MACD | 514 | Volume | 97,650 | Avg Vol 1Wk | 98,996 |
| Low price | 11,641 ₹ | High price | 17,820 ₹ | PEG Ratio | 2.95 | Debt to equity | 0.05 |
| 52w Index | 68.0 % | Qtr Profit Var | 61.2 % | EPS | 118 ₹ | Industry PE | 28.4 |
📊 SOLARINDS shows strong swing trade potential with excellent fundamentals and bullish technicals. The RSI at 68.7 indicates the stock is approaching overbought territory, while the MACD (514) confirms strong upward momentum. The current price (15,842 ₹) is well above both the 50 DMA (14,252 ₹) and 200 DMA (13,587 ₹), reflecting a powerful uptrend. ROCE (37.3%) and ROE (29.7%) are outstanding, supported by very low debt-to-equity (0.05). However, valuation is stretched with a P/E of 134 compared to industry PE of 28.4, and PEG ratio (2.95) signals expensive growth. Dividend yield is minimal at 0.06%, limiting passive returns.
💡 Optimal Entry Price: Around 15,400–15,600 ₹, ideally on minor pullbacks.
📈 Exit Strategy (if already holding): Consider exiting near 16,800–17,000 ₹ (resistance zone). If momentum continues, reassess for higher targets around 17,800 ₹.
✅ Positive
- Exceptional ROCE (37.3%) and ROE (29.7%) show strong efficiency
- Very low debt-to-equity ratio (0.05) reduces financial risk
- Quarterly PAT growth from 235 Cr. to 329 Cr. (+61.2%)
- Stock trading well above both 50 DMA and 200 DMA
⚠️ Limitation
- Very high P/E ratio (134) compared to industry average (28.4)
- PEG ratio (2.95) highlights expensive growth valuation
- Dividend yield at 0.06% offers negligible passive income
📉 Company Negative News
- FII holding decreased slightly (-0.15%)
- DII holding decreased (-0.02%), showing reduced domestic support
📈 Company Positive News
- Quarterly PAT surged significantly (+61.2%)
- EPS at 118 ₹ reflects strong earnings base
🏭 Industry
- Industry PE at 28.4 is much lower than SOLARINDS’s PE, suggesting overvaluation
- Defense and industrial explosives sector benefits from infrastructure and defense demand growth
🔎 Conclusion
SOLARINDS is a strong swing trade candidate with excellent efficiency metrics and bullish technicals, but valuations are stretched and RSI signals near overbought conditions. Entry near 15,400–15,600 ₹ offers a favorable setup, while exit should be considered near 16,800–17,000 ₹ unless momentum continues. Risk management is essential due to high valuation and limited dividend yield.