SOLARINDS - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 4.1
| Stock Code | SOLARINDS | Market Cap | 1,17,056 Cr. | Current Price | 12,934 ₹ | High / Low | 17,820 ₹ |
| Stock P/E | 109 | Book Value | 387 ₹ | Dividend Yield | 0.08 % | ROCE | 37.3 % |
| ROE | 29.7 % | Face Value | 2.00 ₹ | DMA 50 | 13,613 ₹ | DMA 200 | 13,355 ₹ |
| Chg in FII Hold | -0.37 % | Chg in DII Hold | 0.01 % | PAT Qtr | 329 Cr. | PAT Prev Qtr | 235 Cr. |
| RSI | 36.2 | MACD | 30.0 | Volume | 1,64,145 | Avg Vol 1Wk | 1,87,316 |
| Low price | 9,888 ₹ | High price | 17,820 ₹ | PEG Ratio | 2.41 | Debt to equity | 0.05 |
| 52w Index | 38.4 % | Qtr Profit Var | 61.2 % | EPS | 118 ₹ | Industry PE | 23.8 |
📊 SOLARINDS trades at 12,934 ₹, below both its 50 DMA (13,613 ₹) and 200 DMA (13,355 ₹), reflecting weak technical momentum despite strong fundamentals. RSI at 36.2 indicates oversold conditions, while MACD at 30.0 shows mild bullishness. Fundamentally, ROCE (37.3%) and ROE (29.7%) are excellent, supported by strong EPS (118 ₹) and quarterly PAT growth (329 Cr. vs 235 Cr.). Valuation is expensive (P/E 109 vs industry 23.8), but debt-to-equity is very low (0.05), adding resilience. This makes SOLARINDS a strong swing candidate with caution on valuation.
🎯 Optimal Entry Price: 12,800–12,950 ₹ (near support zone).
🚪 Exit Strategy: If already holding, consider exiting near 13,600–13,700 ₹ (50 DMA resistance) unless momentum strengthens further.
Positive
- Excellent ROCE (37.3%) and ROE (29.7%).
- Strong EPS of 118 ₹ supports earnings base.
- Quarterly PAT growth (329 Cr. vs 235 Cr.) shows momentum.
- Low debt-to-equity ratio (0.05) enhances financial stability.
Limitation
- High P/E of 109 compared to industry average of 23.8.
- Dividend yield of 0.08% offers minimal income support.
- Stock trades below both 50 DMA and 200 DMA, showing weak trend.
Company Negative News
- Stock corrected from 17,820 ₹ high to current 12,934 ₹.
- FII holdings decreased (-0.37%), showing reduced foreign confidence.
Company Positive News
- Quarterly profit growth of 61.2% supports fundamentals.
- DII holdings increased slightly (+0.01%).
- Technical indicators (MACD positive) show mild bullishness.
Industry
- Industry PE at 23.8 highlights SOLARINDS’s premium valuation.
- Defence and explosives sector remains growth-oriented, driven by infrastructure and defence demand.
Conclusion
⚖️ SOLARINDS is fundamentally strong with excellent efficiency, strong EPS, and low debt, but high valuation and weak technicals limit upside. Entry near 12,800–12,950 ₹ is favorable, with exit around 13,600–13,700 ₹. Momentum confirmation is required before aggressive buying. Long-term investors should weigh strong fundamentals against valuation premium.
Selva, would you like me to prepare a peer benchmarking overlay with stocks like Bharat Dynamics, Garden Reach Shipbuilders, and Mazagon Dock so you can compare SOLARINDS’s swing potential against the broader defence and explosives sector?