SOLARINDS - Swing Trade Analysis with AI Signals
Back to ListHere’s the structured swing trade analysis for SOLARINDS based on the provided parameters
Swing Trade Rating: 4.4
| Stock Code | SOLARINDS | Market Cap | 1,60,609 Cr. | Current Price | 17,764 ₹ | High / Low | 18,880 ₹ |
| Stock P/E | 131 | Book Value | 467 ₹ | Dividend Yield | 0.06 % | ROCE | 43.6 % |
| ROE | 33.5 % | Face Value | 2.00 ₹ | DMA 50 | 16,671 ₹ | DMA 200 | 14,650 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | -0.02 % | PAT Qtr | 378 Cr. | PAT Prev Qtr | 329 Cr. |
| RSI | 54.9 | MACD | 193 | Volume | 1,25,988 | Avg Vol 1Wk | 1,14,095 |
| Low price | 11,641 ₹ | High price | 18,880 ₹ | PEG Ratio | 3.29 | Debt to equity | 0.04 |
| 52w Index | 84.6 % | Qtr Profit Var | 66.4 % | EPS | 135 ₹ | Industry PE | 38.4 |
📊 Analysis: SOLARINDS shows strong swing trading potential. Current price (17,764 ₹) is above both DMA 50 (16,671 ₹) and DMA 200 (14,650 ₹), confirming bullish momentum. RSI at 54.9 indicates healthy strength, while MACD (193) highlights powerful upside momentum. Fundamentals are excellent with ROCE (43.6%) and ROE (33.5%), supported by EPS (135 ₹). Valuation is stretched with P/E (131) vs industry average (38.4), and PEG ratio (3.29) suggests expensive growth. PAT improved sequentially (378 Cr. vs 329 Cr.), and quarterly profit variation (+66.4%) highlights strong earnings momentum. Debt-to-equity (0.04) ensures financial stability.
💰 Optimal Entry: Entry zone lies between 17,500 ₹ – 17,600 ₹, near DMA 50 support.
🔑 Exit Strategy: If already holding, consider exiting around 18,500 ₹ – 18,700 ₹, close to resistance and recent highs.
✅ Positive
- Exceptional ROCE (43.6%) and ROE (33.5%).
- EPS of 135 ₹ supports valuation strength.
- Debt-to-equity ratio at 0.04 ensures near debt-free status.
- Quarterly PAT growth (+66.4%) highlights earnings momentum.
- Price trading above DMA 50 and DMA 200 confirms bullish trend.
⚠️ Limitation
- High P/E ratio (131) compared to industry average (38.4).
- PEG ratio (3.29) indicates expensive growth valuation.
- Slight decline in FII (-0.15%) and DII (-0.02%) holdings.
📉 Company Negative News
- FII holdings decreased (-0.15%), showing reduced foreign investor confidence.
- DII holdings decreased (-0.02%), reflecting weaker domestic support.
📈 Company Positive News
- PAT improved to 378 Cr. from 329 Cr., showing strong earnings growth.
- Quarterly profit variation (+66.4%) highlights momentum.
- Stock trading near 52-week high (18,880 ₹) shows strong investor sentiment.
🏭 Industry
- Industry PE at 38.4 vs SOLARINDS’s 131 — stock trades at a steep premium.
- Defence and industrial explosives sector remains growth-oriented, supported by infrastructure and defence demand.
🔎 Conclusion
⚖️ SOLARINDS is a strong swing trade candidate with rating 4.4. Entry near 17,500–17,600 ₹ offers a favorable risk-reward setup, while exits around 18,500–18,700 ₹ are advisable if already holding. Strong fundamentals and bullish technicals support the trade, though stretched valuation warrants disciplined risk management.
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