ACMESOLAR - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.5

📉 ACME Solar shows strong volume and recent profit surge, but weak technicals and high valuation limit intraday appeal.

📈 Positive

• 🔹 Volume Spike: 41.6L vs 1Wk avg of 16.9L — over 2.5x surge, indicating active trading interest.
• 🔹 Price Above 200 DMA: Current price (₹274) is above 200 DMA (₹263), suggesting long-term support.
• 🔹 Recent PAT Jump: From ₹0.81 Cr to ₹29.4 Cr, showing strong sequential earnings recovery.
• 🔹 Low Debt-to-Equity: At 0.50, manageable leverage for a capital-intensive sector.

⚠️ Limitation

• 🔸 Extremely High P/E: At 772, far above industry average (31.0), indicating speculative valuation.
• 🔸 Weak RSI: At 41.6, suggests lack of momentum.
• 🔸 Negative MACD: At -2.37, signals bearish crossover.
• 🔸 Decline in Institutional Holdings: FII and DII holdings both decreased.

🚫 Company Negative News

• 📉 Sequential Profit Dip: Q2 profit of ₹115 Cr down 12% from Q1 FY26

  Business Upturn

  .

✅ Company Positive News

• 📊 Q2 Net Profit Surge: Up 652% YoY to ₹115 Cr, driven by new capacity and higher utilisation

  ET EnergyWorld

  +2

  .

• ⚡ Project Expansion: Commissioned 28 MW wind in Gujarat; secured 720 MW solar/storage contracts

  Business Standard

  .

• 🔋 Battery Storage Launch: New system in Rajasthan with phased 5.1 GWh rollout

  NewsBytes

  .

🏦 Industry

• 🌞 Sector: Renewable Energy — Solar, Wind, Storage.
• 📊 Industry PE: 31.0, far below ACME’s, suggesting sector-wide caution.

📌 Conclusion

• 📉 Intraday Setup: High volume and earnings momentum are positives, but weak RSI and MACD suggest limited upside.
• 💰 Optimal Buy Price: ₹268–₹270 (near short-term support).
• 📈 Profit Exit Level: ₹278–₹283 (near 50 DMA).
• 🛑 Stop Loss: ₹264 (below 200 DMA).
• ⏳ If Holding: Exit if price fails to hold above ₹270 or MACD diverges further negatively.

Would you like a visual chart of MACD and RSI zones to help time your entry and exit more precisely?