SUPREMEIND - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.4
| Stock Code | SUPREMEIND | Market Cap | 48,899 Cr. | Current Price | 3,843 ₹ | High / Low | 4,740 ₹ |
| Stock P/E | 61.8 | Book Value | 398 ₹ | Dividend Yield | 0.88 % | ROCE | 23.7 % |
| ROE | 18.1 % | Face Value | 2.00 ₹ | DMA 50 | 3,802 ₹ | DMA 200 | 3,882 ₹ |
| Chg in FII Hold | -1.43 % | Chg in DII Hold | 1.16 % | PAT Qtr | 158 Cr. | PAT Prev Qtr | 193 Cr. |
| RSI | 47.8 | MACD | 46.2 | Volume | 1,11,108 | Avg Vol 1Wk | 2,00,765 |
| Low price | 3,020 ₹ | High price | 4,740 ₹ | PEG Ratio | 28.5 | Debt to equity | 0.06 |
| 52w Index | 47.9 % | Qtr Profit Var | -11.8 % | EPS | 62.2 ₹ | Industry PE | 21.2 |
Analysis: Supreme Industries (SUPREMEIND) shows moderate potential for swing trading. The RSI at 47.8 is neutral, while the MACD (46.2) indicates bullish momentum. The current price (₹3,843) is near the 50 DMA (₹3,802) and slightly below the 200 DMA (₹3,882), suggesting consolidation around support levels. However, the stock P/E (61.8) is much higher than the industry average (21.2), making it expensive. Quarterly profit declined (₹158 Cr vs. ₹193 Cr, -11.8%), raising concerns. Strong ROCE (23.7%) and ROE (18.1%) are positives, and debt-to-equity is very low (0.06), showing financial stability. DII holdings increased (+1.16%), but FII holdings decreased (-1.43%).
Optimal Entry Price: Around ₹3,750–3,800, closer to support levels and below DMA resistance.
Exit Strategy (if already holding): Consider exiting near ₹4,500–4,700 if momentum strengthens, or cut losses if price falls below ₹3,700.
✅ Positive
- Strong ROCE (23.7%) and ROE (18.1%) indicate operational efficiency.
- Debt-to-equity ratio of 0.06 shows negligible financial risk.
- DII holdings increased (+1.16%), reflecting domestic investor confidence.
- MACD positive (46.2) suggests bullish momentum.
⚠️ Limitation
- Quarterly profit declined (-11.8%), raising earnings concerns.
- Stock P/E (61.8) is far above industry average (21.2).
- PEG ratio of 28.5 suggests expensive valuation relative to growth.
- FII holdings decreased (-1.43%), showing reduced foreign investor confidence.
📰 Company Negative News
- Decline in quarterly profits impacts sentiment.
- High valuation compared to industry peers raises caution.
🌟 Company Positive News
- Strong return ratios (ROCE and ROE) highlight efficiency.
- Debt-free balance sheet provides financial resilience.
- DII participation increased, signaling domestic support.
🏦 Industry
- Plastics and industrial goods sector PE (21.2) is much lower than Supreme Industries’ PE (61.8), making the stock relatively expensive.
- Industry supported by infrastructure demand and manufacturing growth, though margins remain under pressure.
📌 Conclusion
Supreme Industries is a moderately good candidate for swing trading with bullish technicals and strong fundamentals, but high valuation and declining profits limit upside. Entry near ₹3,750–3,800 offers better risk-reward. Exit near ₹4,500–4,700 if momentum continues, or below ₹3,700 to protect capital.