SUNDRMFAST - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.2
| Stock Code | SUNDRMFAST | Market Cap | 17,119 Cr. | Current Price | 815 ₹ | High / Low | 1,080 ₹ |
| Stock P/E | 32.1 | Book Value | 183 ₹ | Dividend Yield | 0.88 % | ROCE | 17.4 % |
| ROE | 14.7 % | Face Value | 1.00 ₹ | DMA 50 | 889 ₹ | DMA 200 | 956 ₹ |
| Chg in FII Hold | -0.54 % | Chg in DII Hold | 0.55 % | PAT Qtr | 130 Cr. | PAT Prev Qtr | 140 Cr. |
| RSI | 33.6 | MACD | -28.0 | Volume | 1,08,846 | Avg Vol 1Wk | 1,08,370 |
| Low price | 791 ₹ | High price | 1,080 ₹ | PEG Ratio | 5.57 | Debt to equity | 0.14 |
| 52w Index | 8.42 % | Qtr Profit Var | 8.11 % | EPS | 25.4 ₹ | Industry PE | 23.7 |
Analysis: Sundram Fasteners (SUNDRMFAST) shows weak swing trading potential currently. The RSI at 33.6 indicates oversold conditions, but the MACD (-28.0) reflects strong bearish momentum. The current price (₹815) is below both the 50 DMA (₹889) and 200 DMA (₹956), signaling short-term and long-term weakness. Quarterly profit declined slightly (₹130 Cr vs. ₹140 Cr), and the PEG ratio (5.57) suggests expensive valuation relative to growth. On the positive side, ROCE (17.4%) and ROE (14.7%) are decent, debt-to-equity is low (0.14), and DII holdings increased (+0.55%).
Optimal Entry Price: Around ₹800–810, closer to support levels and oversold RSI zone.
Exit Strategy (if already holding): Consider exiting near ₹950–1,000 if momentum recovers, or cut losses if price falls below ₹790.
✅ Positive
- Strong ROCE (17.4%) and ROE (14.7%) indicate efficiency.
- Debt-to-equity ratio of 0.14 shows low financial risk.
- DII holdings increased (+0.55%), reflecting domestic investor confidence.
- EPS of ₹25.4 supports earnings stability.
⚠️ Limitation
- Quarterly profit declined (₹130 Cr vs. ₹140 Cr).
- PEG ratio of 5.57 suggests overvaluation relative to growth.
- Stock P/E (32.1) is higher than industry average (23.7).
- Price below both 50 DMA and 200 DMA reflects bearish trend.
📰 Company Negative News
- Decline in quarterly profits impacts sentiment.
- FII holdings decreased (-0.54%), showing reduced foreign investor confidence.
🌟 Company Positive News
- Strong return ratios (ROCE and ROE) highlight operational efficiency.
- Low debt levels provide financial resilience.
- DII participation increased, signaling domestic support.
🏦 Industry
- Auto component sector PE (23.7) is lower than Sundram Fasteners’ PE (32.1), making the stock relatively expensive.
- Industry supported by automotive demand recovery, though margins remain under pressure.
📌 Conclusion
Sundram Fasteners is a weak candidate for swing trading at current levels due to bearish technicals and high valuation. Entry near ₹800–810 offers better risk-reward. Exit near ₹950–1,000 if momentum recovers, or below ₹790 to protect capital.