ABFRL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | ABFRL | Market Cap | 8,349 Cr. | Current Price | 68.5 ₹ | High / Low | 106 ₹ |
| Book Value | 66.8 ₹ | Dividend Yield | 0.00 % | ROCE | -0.17 % | ROE | -3.01 % |
| Face Value | 10.0 ₹ | DMA 50 | 72.4 ₹ | DMA 200 | 80.6 ₹ | Chg in FII Hold | -0.26 % |
| Chg in DII Hold | -0.17 % | PAT Qtr | -90.9 Cr. | PAT Prev Qtr | -59.9 Cr. | RSI | 48.6 |
| MACD | -2.63 | Volume | 72,66,536 | Avg Vol 1Wk | 53,24,818 | Low price | 59.8 ₹ |
| High price | 106 ₹ | Debt to equity | 0.45 | 52w Index | 18.8 % | Qtr Profit Var | 34.5 % |
| EPS | 0.00 ₹ | Industry PE | 43.7 |
📊 Analysis: ABFRL shows weak intraday potential. Current price (₹68.5) is below both 50 DMA (₹72.4) and 200 DMA (₹80.6), indicating bearish bias. RSI at 48.6 is neutral, while MACD (-2.63) is negative, suggesting weak momentum. Volume (72.6 lakh) is above weekly average (53.2 lakh), showing active participation, but fundamentals remain poor with negative ROCE (-0.17%) and ROE (-3.01%). Quarterly losses widened (₹-90.9 Cr vs ₹-59.9 Cr), adding pressure. Stock trades near lower end of 52-week range (18.8%), reflecting weak sentiment.
💰 Optimal Buy Price: ₹67–₹68 (near intraday support).
📈 Profit-Taking Exit Levels: ₹71–₹73 (short-term resistance zone).
📉 Stop-Loss / Loss Protection: ₹65 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹69 with weakening RSI or declining volume. If momentum improves with strong buying activity, hold until ₹73 resistance zone.
✅ Positive
- Volume above weekly average, showing active participation.
- Book value (₹66.8) close to current price, providing some valuation support.
- Debt-to-equity ratio (0.45) is moderate, not excessive.
⚠️ Limitation
- Trading below 50 DMA and 200 DMA, showing bearish trend.
- Negative MACD (-2.63) confirms weak momentum.
- Dividend yield is 0%, offering no income support.
- EPS at 0.00 reflects lack of profitability.
📉 Company Negative News
- Quarterly losses widened (₹-90.9 Cr vs ₹-59.9 Cr).
- FII holding reduced (-0.26%) and DII holding reduced (-0.17%), showing declining institutional confidence.
- Negative ROCE (-0.17%) and ROE (-3.01%) highlight poor efficiency.
📈 Company Positive News
- Quarterly profit variation (+34.5%) shows improvement in revenue base despite losses.
- Strong trading activity with volume surge above average.
🏭 Industry
- Industry PE is 43.7, but ABFRL has no meaningful P/E due to losses.
- Apparel and retail sector outlook remains positive with consumer demand recovery, though company underperforms peers.
🔎 Conclusion
ABFRL is a weak intraday candidate due to poor fundamentals, negative momentum, and widened losses. Limited opportunities exist for cautious trades near ₹67–₹68 with exits around ₹73, but risk remains high. Best suited for defensive scalping rather than aggressive intraday positions.