Swan Energy Builds Base: SEBI RA Mayank Singh Chandel Flags ₹500 For A Bullish Upmove

The analyst said that Swan Energy is trading in an accumulation zone with moderate fundamentals and technical consolidation near support.

Swan Energy has been in a consolidation phase, moving sideways between ₹385 and ₹480.

According to SEBI-registered analyst Mayank Singh Chandel, this is a typical accumulation zone. He believes that a breakout is likely if volumes back it up. 

The stock is hovering near an old resistance point that now appears to be acting as support—something traders often look for ahead of a potential breakout.

Chandel said if Swan Energy’s stock manages to clear the ₹490–₹500 mark with strong volumes, it could start heading toward ₹750 in the near future.

Looking at the fundamentals, he noted that the stock trades at a P/E ratio of 19.2, which is broadly in line with its industry peers. 

Debt levels appear manageable, with a debt-to-equity ratio of just 0.38. The company is generating returns of 11.9% on equity and 14% on capital employed, suggesting a fair level of efficiency.

That said, Chandel flagged a few red flags. About 8.27% of the promoter stake is pledged. 

The promoter's holding has fallen from 64.09% to 53.96%, and foreign investor interest has also declined—FII holding is now down to 10.25%. He also noted that sales growth has slipped slightly, showing a year-on-year decline of 1.58%.

On Stocktwits, retail sentiment was ‘neutral’ amid ‘normal’ message volume.

The stock has declined 35.3% so far in 2025.

For updates and corrections, email newsroom[at]stocktwits[dot]com.<