ABSLAMC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | ABSLAMC | Market Cap | 26,963 Cr. | Current Price | 933 ₹ | High / Low | 1,047 ₹ |
| Stock P/E | 26.4 | Book Value | 123 ₹ | Dividend Yield | 2.57 % | ROCE | 35.5 % |
| ROE | 27.0 % | Face Value | 5.00 ₹ | DMA 50 | 878 ₹ | DMA 200 | 810 ₹ |
| Chg in FII Hold | -0.13 % | Chg in DII Hold | 0.49 % | PAT Qtr | 274 Cr. | PAT Prev Qtr | 245 Cr. |
| RSI | 53.5 | MACD | 28.5 | Volume | 2,13,427 | Avg Vol 1Wk | 7,24,542 |
| Low price | 556 ₹ | High price | 1,047 ₹ | PEG Ratio | 2.22 | Debt to equity | 0.02 |
| 52w Index | 76.9 % | Qtr Profit Var | 23.4 % | EPS | 35.4 ₹ | Industry PE | 27.1 |
📊 Analysis: ABSLAMC shows moderate strength for intraday trading. RSI at 53.5 indicates neutral momentum, while MACD (28.5) is positive, suggesting bullish sentiment. Current price (₹933) is above both 50 DMA (₹878) and 200 DMA (₹810), showing strong technical support. Volume today (2.1 lakh) is lower than average (7.2 lakh), which limits intraday volatility. Fundamentals are strong with high ROCE (35.5%) and ROE (27.0%), though valuation is slightly stretched with PEG ratio of 2.22.
💰 Optimal Buy Price: Entry near ₹925–₹935 if support holds.
📈 Profit Exit Levels: ₹950–₹970 (short-term resistance).
📉 Stop-Loss: ₹910 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹940 or if volume remains weak. Consider partial profit booking near ₹950 resistance.
Positive
- Market cap of ₹26,963 Cr. ensures strong liquidity.
- Price trading above both 50 DMA and 200 DMA.
- Strong ROCE (35.5%) and ROE (27.0%).
- Quarterly PAT improved from ₹245 Cr. to ₹274 Cr. (+23.4%).
- Dividend yield of 2.57% adds stability.
Limitation
- Volume today lower than weekly average, limiting intraday moves.
- PEG ratio (2.22) reflects stretched valuation.
Company Negative News
- FII holding decreased (-0.13%).
Company Positive News
- DII holding increased (+0.49%), showing domestic institutional confidence.
- Quarterly profit growth (+23.4%) indicates strong operational performance.
Industry
- Industry P/E is 27.1, close to ABSLAMC’s P/E of 26.4, suggesting fair valuation.
- Sector sentiment remains positive with strong demand in asset management services.
Conclusion
✅ ABSLAMC is a moderately good intraday candidate today. Strong fundamentals and bullish technical signals support stability, though low trading volume may limit sharp moves. Traders can consider entries near support with strict stop-losses and aim for short-term resistance levels for profit booking.