SUPREMEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | SUPREMEIND | Market Cap | 47,528 Cr. | Current Price | 3,741 ₹ | High / Low | 4,740 ₹ |
| Stock P/E | 60.1 | Book Value | 398 ₹ | Dividend Yield | 0.91 % | ROCE | 23.7 % |
| ROE | 18.1 % | Face Value | 2.00 ₹ | DMA 50 | 3,539 ₹ | DMA 200 | 3,875 ₹ |
| Chg in FII Hold | -1.43 % | Chg in DII Hold | 1.16 % | PAT Qtr | 158 Cr. | PAT Prev Qtr | 193 Cr. |
| RSI | 68.5 | MACD | 47.1 | Volume | 3,71,971 | Avg Vol 1Wk | 3,32,371 |
| Low price | 3,020 ₹ | High price | 4,740 ₹ | PEG Ratio | 27.7 | Debt to equity | 0.06 |
| 52w Index | 41.9 % | Qtr Profit Var | -11.8 % | EPS | 62.2 ₹ | Industry PE | 21.8 |
📊 SUPREMEIND shows moderate potential for swing trading. The stock is trading above its 50 DMA (3,539 ₹) but slightly below its 200 DMA (3,875 ₹), indicating mixed technical momentum. RSI at 68.5 suggests the stock is nearing overbought territory, while MACD at 47.1 reflects strong bullish sentiment. Valuation is stretched with a P/E of 60.1 compared to the industry average of 21.8, and the PEG ratio of 27.7 signals overvaluation relative to growth. Fundamentals remain strong with ROCE at 23.7% and ROE at 18.1%, supported by low debt-to-equity (0.06). However, quarterly PAT has declined (-11.8%), raising caution for near-term performance.
✅ Optimal Entry Price: Around 3,600–3,650 ₹ (near 50 DMA support)
🚪 Exit Strategy: If already holding, consider booking profits near 3,950–4,000 ₹ resistance zone, or exit if price falls below 3,550 ₹ support.
Positive
- Strong ROCE (23.7%) and ROE (18.1%) indicate efficient capital use
- Low debt-to-equity ratio (0.06), showing financial stability
- DII holdings increased (+1.16%), reflecting domestic institutional support
- MACD positive, confirming bullish momentum
- EPS of 62.2 ₹ supports earnings strength
Limitation
- High P/E ratio (60.1) compared to industry average (21.8)
- PEG ratio (27.7) suggests significant overvaluation
- RSI at 68.5 indicates near overbought conditions
- Dividend yield at 0.91% is modest
Company Negative News
- Quarterly PAT declined (158 Cr vs 193 Cr)
- FII holdings decreased (-1.43%), showing reduced foreign investor confidence
Company Positive News
- Strong fundamentals with healthy ROCE and ROE
- DII inflows indicate domestic investor trust
- Stock trading above 50 DMA, showing technical support
Industry
- Plastics and industrial products sector remains in demand
- Industry PE at 21.8, showing SUPREMEIND trades at a premium
- Sector outlook supported by infrastructure and consumer demand
Conclusion
⚖️ SUPREMEIND is a fair candidate for swing trading with short-term upside potential. Entry near 3,600–3,650 ₹ offers a favorable risk-reward setup, while profit booking should be considered around 3,950–4,000 ₹. High valuation and declining profits limit upside, but strong fundamentals and low debt provide medium-term stability.