ABFRL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | ABFRL | Market Cap | 6,939 Cr. | Current Price | 56.8 ₹ | High / Low | 106 ₹ |
| Book Value | 66.8 ₹ | Dividend Yield | 0.00 % | ROCE | -0.17 % | ROE | -3.01 % |
| Face Value | 10.0 ₹ | DMA 50 | 67.1 ₹ | DMA 200 | 76.8 ₹ | Chg in FII Hold | -0.26 % |
| Chg in DII Hold | -0.17 % | PAT Qtr | -38.9 Cr. | PAT Prev Qtr | -90.9 Cr. | RSI | 27.6 |
| MACD | -3.08 | Volume | 29,93,444 | Avg Vol 1Wk | 50,70,931 | Low price | 56.5 ₹ |
| High price | 106 ₹ | Debt to equity | 0.45 | 52w Index | 0.75 % | Qtr Profit Var | -17.4 % |
| EPS | -0.77 ₹ | Industry PE | 25.5 |
📊 Analysis: ABFRL shows weak intraday momentum. RSI at 27.6 indicates oversold conditions, but MACD (-3.08) remains negative, confirming bearish sentiment. Current price (₹56.8) is below both 50 DMA (₹67.1) and 200 DMA (₹76.8), signaling short-term and long-term weakness. Volume today (29.9 lakh) is lower than average (50.7 lakh), reducing intraday volatility. Fundamentals are poor with negative ROCE (-0.17%) and ROE (-3.01%), alongside continued losses in quarterly PAT.
💰 Optimal Buy Price: Entry near ₹56–₹57 only for speculative trades.
📈 Profit Exit Levels: ₹60–₹62 (short-term resistance).
📉 Stop-Loss: ₹55 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹58 or if volume remains weak. Consider partial profit booking near ₹60 resistance.
Positive
- Market cap of ₹6,939 Cr. ensures liquidity.
- Book value of ₹66.8 is higher than current price, offering some valuation cushion.
- Quarterly PAT improved from -₹90.9 Cr. to -₹38.9 Cr., showing reduced losses.
Limitation
- Current price below both 50 DMA and 200 DMA.
- Negative ROCE (-0.17%) and ROE (-3.01%).
- Volume lower than weekly average, limiting intraday moves.
Company Negative News
- Quarterly losses continue despite improvement.
- FII holding decreased (-0.26%).
- DII holding decreased (-0.17%).
- No dividend yield (0%).
Company Positive News
- Losses narrowed compared to previous quarter.
- Book value remains strong relative to current price.
Industry
- Industry P/E is 25.5, but ABFRL has no meaningful P/E due to losses.
- Sector sentiment remains cautious given retail and apparel headwinds.
Conclusion
⚠️ ABFRL is a weak intraday candidate today. Technical indicators show bearish momentum, and fundamentals remain under pressure with continued losses. Traders should only consider speculative entries near support with strict stop-losses. Conservative traders should avoid intraday exposure until momentum indicators improve.