SYRMA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.3
| Stock Code | SYRMA | Market Cap | 14,611 Cr. | Current Price | 758 ₹ | High / Low | 910 ₹ |
| Stock P/E | 59.2 | Book Value | 145 ₹ | Dividend Yield | 0.20 % | ROCE | 6.34 % |
| ROE | 4.54 % | Face Value | 10.0 ₹ | DMA 50 | 780 ₹ | DMA 200 | 731 ₹ |
| Chg in FII Hold | -0.55 % | Chg in DII Hold | -0.49 % | PAT Qtr | 95.4 Cr. | PAT Prev Qtr | 65.4 Cr. |
| RSI | 45.7 | MACD | -13.5 | Volume | 12,76,457 | Avg Vol 1Wk | 16,49,288 |
| Low price | 355 ₹ | High price | 910 ₹ | PEG Ratio | 1.98 | Debt to equity | 0.10 |
| 52w Index | 72.6 % | Qtr Profit Var | 83.3 % | EPS | 13.1 ₹ | Industry PE | 28.0 |
Analysis: Syrma SGS Technology (SYRMA) shows moderate potential for swing trading. The RSI at 45.7 is neutral, while the MACD (-13.5) reflects bearish momentum. The current price (₹758) is slightly below the 50 DMA (₹780) but above the 200 DMA (₹731), indicating short-term weakness but long-term support. Quarterly profit growth (+83.3%) is strong, and EPS of ₹13.1 is decent. However, valuation is high with a P/E of 59.2 compared to industry average of 28.0, and return ratios (ROCE 6.34%, ROE 4.54%) are weak. Institutional confidence is mixed, with FII holdings decreasing (-0.55%) and DII holdings also down (-0.49%).
Optimal Entry Price: Around ₹740–750, closer to support levels and below 50 DMA.
Exit Strategy (if already holding): Consider exiting near ₹880–900 if momentum strengthens, or cut losses if price falls below ₹730.
✅ Positive
- Quarterly profit growth of 83.3% (₹95.4 Cr vs. ₹65.4 Cr).
- EPS of ₹13.1 supports earnings stability.
- Debt-to-equity ratio of 0.10 shows low financial risk.
- Price trading above 200 DMA (₹731) indicates long-term support.
⚠️ Limitation
- High P/E (59.2) compared to industry average (28.0).
- Weak return ratios (ROCE 6.34%, ROE 4.54%).
- MACD negative, showing bearish momentum.
- Institutional confidence mixed with both FII and DII holdings declining.
📰 Company Negative News
- Weak return ratios raise concerns about efficiency.
- Decline in institutional holdings (FII -0.55%, DII -0.49%).
🌟 Company Positive News
- Strong quarterly profit growth (+83.3%).
- Low debt levels provide financial resilience.
- EPS of ₹13.1 reflects improving earnings base.
🏦 Industry
- Electronics manufacturing sector PE (28.0) is much lower than Syrma’s PE (59.2), making the stock relatively expensive.
- Industry supported by demand for electronics and semiconductor components, though margins remain competitive.
📌 Conclusion
Syrma SGS Technology is a moderately good candidate for swing trading with strong profit growth and low debt, but high valuation and weak return ratios limit upside. Entry near ₹740–750 offers better risk-reward. Exit near ₹880–900 if momentum recovers, or below ₹730 to protect capital.