ABSLAMC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | ABSLAMC | Market Cap | 23,658 Cr. | Current Price | 819 ₹ | High / Low | 912 ₹ |
| Stock P/E | 23.1 | Book Value | 123 ₹ | Dividend Yield | 2.93 % | ROCE | 35.5 % |
| ROE | 27.0 % | Face Value | 5.00 ₹ | DMA 50 | 789 ₹ | DMA 200 | 776 ₹ |
| Chg in FII Hold | -0.13 % | Chg in DII Hold | 0.49 % | PAT Qtr | 274 Cr. | PAT Prev Qtr | 245 Cr. |
| RSI | 59.6 | MACD | -0.28 | Volume | 2,06,413 | Avg Vol 1Wk | 4,05,742 |
| Low price | 556 ₹ | High price | 912 ₹ | PEG Ratio | 1.95 | Debt to equity | 0.02 |
| 52w Index | 73.9 % | Qtr Profit Var | 23.4 % | EPS | 35.4 ₹ | Industry PE | 26.6 |
📊 Analysis: ABSLAMC shows good intraday potential. Current price (₹819) is trading above both 50 DMA (₹789) and 200 DMA (₹776), confirming bullish medium-term strength. RSI at 59.6 indicates healthy momentum, while MACD (-0.28) is slightly negative, suggesting mild caution. Volume (2.06 lakh) is below weekly average (4.05 lakh), limiting volatility, but fundamentals remain strong with high ROCE (35.5%) and ROE (27.0%). Valuation (P/E 23.1 vs industry 26.6) is fair, and dividend yield (2.93%) adds investor appeal.
💰 Optimal Buy Price: ₹810–₹820 (near intraday support).
📈 Profit-Taking Exit Levels: ₹835–₹850 (short-term resistance zone).
📉 Stop-Loss / Loss Protection: ₹800 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹822 with weakening RSI or declining volume. If momentum improves with stronger buying activity, hold until ₹850 resistance zone.
✅ Positive
- Trading above 50 DMA and 200 DMA, confirming bullish trend.
- Strong ROCE (35.5%) and ROE (27.0%) indicate excellent efficiency.
- Dividend yield of 2.93% provides income support.
- DII holding increased (+0.49%), showing domestic institutional confidence.
⚠️ Limitation
- MACD (-0.28) slightly negative, suggesting mild caution.
- Volume below weekly average, limiting intraday strength.
- PEG ratio (1.95) indicates valuation is not cheap relative to growth.
📉 Company Negative News
- FII holding reduced (-0.13%), showing declining foreign investor confidence.
📈 Company Positive News
- Quarterly PAT improved (₹274 Cr vs ₹245 Cr previous).
- EPS at ₹35.4 reflects strong profitability.
- DII inflows (+0.49%) provide domestic support.
🏭 Industry
- Industry PE is 26.6, slightly higher than ABSLAMC’s 23.1, highlighting fair valuation.
- Asset management sector outlook remains strong with rising retail participation.
🔎 Conclusion
ABSLAMC is a good intraday candidate with bullish technicals, strong fundamentals, and fair valuation. Optimal buy near ₹810–₹820 with exits around ₹850. Traders should monitor RSI and volume closely, as momentum remains positive but volume weakness could limit upside.