SYRMA - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.7
| Stock Code | SYRMA | Market Cap | 19,624 Cr. | Current Price | 1,019 ₹ | High / Low | 1,032 ₹ |
| Stock P/E | 79.5 | Book Value | 145 ₹ | Dividend Yield | 0.15 % | ROCE | 6.34 % |
| ROE | 4.54 % | Face Value | 10.0 ₹ | DMA 50 | 868 ₹ | DMA 200 | 770 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | 0.70 % | PAT Qtr | 95.4 Cr. | PAT Prev Qtr | 65.4 Cr. |
| RSI | 70.1 | MACD | 48.3 | Volume | 17,82,721 | Avg Vol 1Wk | 10,91,185 |
| Low price | 437 ₹ | High price | 1,032 ₹ | PEG Ratio | 2.66 | Debt to equity | 0.10 |
| 52w Index | 97.7 % | Qtr Profit Var | 83.3 % | EPS | 13.1 ₹ | Industry PE | 31.0 |
SYRMA shows strong technical momentum but relatively weak fundamentals, making it a speculative yet potentially rewarding swing trade candidate. The company has a high P/E ratio (79.5 vs. industry average of 31.0), modest ROCE (6.34%) and ROE (4.54%), but a sharp improvement in quarterly PAT (95.4 Cr. vs. 65.4 Cr.). Technically, the stock is trading well above both its 50 DMA (868 ₹) and 200 DMA (770 ₹), with RSI at 70.1 (overbought) and MACD at 48.3 (bullish), suggesting strong short-term upward momentum but risk of correction.
Optimal Entry Price: Entry can be considered around 980–1,000 ₹, close to support levels.
Exit Strategy (if already holding): Exit near 1,030–1,050 ₹ resistance or if RSI rises further into overbought territory and momentum weakens.
✅ Positive
- Quarterly PAT growth of 83.3% shows strong earnings momentum.
- Stock trading above both 50 DMA and 200 DMA indicates bullish trend.
- Low debt-to-equity ratio (0.10) ensures financial stability.
- MACD strongly positive, confirming upward momentum.
⚠️ Limitation
- High P/E ratio (79.5) compared to industry average (31.0).
- ROCE and ROE remain modest, limiting long-term attractiveness.
- RSI at 70.1 suggests overbought conditions, risk of pullback.
📉 Company Negative News
- Valuation stretched compared to peers.
- Profitability ratios (ROCE, ROE) remain weak despite earnings growth.
📈 Company Positive News
- Strong quarterly PAT growth (95.4 Cr. vs. 65.4 Cr.).
- FII holdings increased slightly (+0.13%), DII holdings up (+0.70%).
- Dividend yield of 0.15% adds minor shareholder value.
🏭 Industry
- Industry average P/E is 31.0, making SYRMA relatively expensive.
- Peers may offer better valuations, but SYRMA shows strong momentum.
🔎 Conclusion
SYRMA is technically strong with bullish momentum, making it a fair candidate for swing trading. Entry around 980–1,000 ₹ is reasonable, with an exit target near 1,030–1,050 ₹. However, caution is advised due to stretched valuations and overbought RSI levels, which could trigger short-term corrections.