ACMESOLAR - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | ACMESOLAR | Market Cap | 13,819 Cr. | Current Price | 229 ₹ | High / Low | 324 ₹ |
| Stock P/E | 266 | Book Value | 76.2 ₹ | Dividend Yield | 0.09 % | ROCE | 7.63 % |
| ROE | 5.18 % | Face Value | 2.00 ₹ | DMA 50 | 229 ₹ | DMA 200 | 247 ₹ |
| Chg in FII Hold | -1.54 % | Chg in DII Hold | 0.48 % | PAT Qtr | 31.7 Cr. | PAT Prev Qtr | 29.4 Cr. |
| RSI | 55.9 | MACD | -2.45 | Volume | 31,17,663 | Avg Vol 1Wk | 17,10,259 |
| Low price | 172 ₹ | High price | 324 ₹ | PEG Ratio | 4.83 | Debt to equity | 0.64 |
| 52w Index | 37.3 % | Qtr Profit Var | 2,394 % | EPS | 0.88 ₹ | Industry PE | 26.2 |
📊 Analysis: ACMESOLAR shows limited intraday potential. Current price (₹229) is exactly at 50 DMA (₹229) but below 200 DMA (₹247), indicating weak medium-term strength. RSI at 55.9 is neutral, while MACD (-2.45) is negative, suggesting lack of momentum. Volume (31.17 lakh) is significantly higher than weekly average (17.10 lakh), showing strong participation, but valuation concerns (P/E 266 vs industry 26.2) and modest ROCE/ROE weigh on confidence. Intraday moves may be volatile but risky.
💰 Optimal Buy Price: ₹225–₹228 (near support zone).
📈 Profit-Taking Exit Levels: ₹235–₹240 (short-term resistance).
📉 Stop-Loss / Loss Protection: ₹220 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹230 with weakening RSI or falling volume. If momentum improves with volume staying strong, hold until ₹240 resistance zone.
✅ Positive
- High trading volume compared to average, showing active participation.
- Quarterly PAT improved (₹31.7 Cr vs ₹29.4 Cr previous).
- DII holding increased (+0.48%), showing domestic institutional support.
⚠️ Limitation
- Extremely high P/E (266 vs industry 26.2), indicating overvaluation.
- Trading below 200 DMA, showing weak medium-term trend.
- Low ROCE (7.63%) and ROE (5.18%) compared to peers.
- Dividend yield (0.09%) negligible.
📉 Company Negative News
- FII holding reduced (-1.54%), showing declining foreign investor confidence.
- High debt-to-equity (0.64) compared to industry norms.
📈 Company Positive News
- Quarterly profit growth (+2,394%) on a low base.
- Strong trading activity with volume surge.
🏭 Industry
- Industry PE is 26.2, far below ACMESOLAR’s, highlighting valuation risk.
- Renewable energy sector has long-term growth potential but remains volatile.
🔎 Conclusion
ACMESOLAR is not a strong intraday candidate due to weak momentum indicators, stretched valuation, and modest fundamentals. Short-term trades may be possible near ₹225–₹228 with exits around ₹240, but risk remains high. Best suited for cautious traders looking for volatility-driven opportunities rather than stable intraday gains.