SUPREMEIND - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.9
| Stock Code | SUPREMEIND | Market Cap | 45,979 Cr. | Current Price | 3,620 ₹ | High / Low | 4,740 ₹ |
| Stock P/E | 50.4 | Book Value | 429 ₹ | Dividend Yield | 0.94 % | ROCE | 23.2 % |
| ROE | 17.5 % | Face Value | 2.00 ₹ | DMA 50 | 3,738 ₹ | DMA 200 | 3,843 ₹ |
| Chg in FII Hold | -2.11 % | Chg in DII Hold | 2.02 % | PAT Qtr | 382 Cr. | PAT Prev Qtr | 158 Cr. |
| RSI | 40.8 | MACD | -44.6 | Volume | 1,52,821 | Avg Vol 1Wk | 3,48,340 |
| Low price | 3,182 ₹ | High price | 4,740 ₹ | PEG Ratio | 7.28 | Debt to equity | 0.02 |
| 52w Index | 28.1 % | Qtr Profit Var | 46.1 % | EPS | 71.7 ₹ | Industry PE | 22.6 |
📊 SUPREMEIND shows moderate potential for swing trading. The RSI at 40.8 suggests the stock is approaching oversold territory, which could offer a rebound opportunity. However, the MACD at -44.6 indicates bearish momentum. Strong ROCE (23.2%) and ROE (17.5%) highlight efficiency, while debt-to-equity at 0.02 reflects excellent financial stability. Quarterly PAT improved significantly from ₹158 Cr. to ₹382 Cr., showing strong earnings growth. On the downside, the P/E of 50.4 is much higher than the industry average of 22.6, and the PEG ratio of 7.28 signals expensive growth prospects. The stock is trading below both 50 DMA (₹3,738) and 200 DMA (₹3,843), showing weak momentum.
💡 Optimal Entry Price: Around ₹3,500–3,550, closer to support levels near the 52-week low (₹3,182).
📈 Exit Strategy (if already holding): Consider booking profits near ₹3,900–4,000, just below the 200 DMA resistance.
Positive
- Quarterly PAT growth of 46.1% shows strong earnings momentum.
- EPS of ₹71.7 indicates solid profitability.
- ROCE (23.2%) and ROE (17.5%) reflect efficient capital use.
- Debt-to-equity ratio of 0.02 ensures financial stability.
- DII holdings increased by 2.02%, showing domestic investor confidence.
Limitation
- P/E of 50.4 is much higher than industry average (22.6), suggesting overvaluation.
- PEG ratio of 7.28 indicates expensive growth prospects.
- MACD at -44.6 signals bearish momentum.
- Stock trading below both 50 DMA and 200 DMA, showing weak technical strength.
Company Negative News
- FII holdings decreased by 2.11%, signaling reduced foreign investor interest.
Company Positive News
- Quarterly PAT improved significantly from ₹158 Cr. to ₹382 Cr.
- Strong efficiency metrics (ROCE and ROE).
- DII holdings increased, reflecting confidence from domestic institutions.
Industry
- Plastics and industrial products sector remains stable with demand supported by infrastructure and consumer markets.
- Industry PE at 22.6 is much lower than SUPREMEIND’s, suggesting relative overvaluation.
Conclusion
⚠️ SUPREMEIND earns a swing trade rating of 3.9. Entry near ₹3,500–3,550 offers a safer risk-reward setup, while profit booking should be considered around ₹3,900–4,000. Strong fundamentals and profit growth support upside potential, but high valuation and bearish momentum limit near-term prospects. Swing traders should proceed with caution.