ACMESOLAR - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | ACMESOLAR | Market Cap | 14,957 Cr. | Current Price | 246 ₹ | High / Low | 324 ₹ |
| Stock P/E | 288 | Book Value | 76.2 ₹ | Dividend Yield | 0.08 % | ROCE | 7.63 % |
| ROE | 5.18 % | Face Value | 2.00 ₹ | DMA 50 | 234 ₹ | DMA 200 | 243 ₹ |
| Chg in FII Hold | -1.54 % | Chg in DII Hold | 0.48 % | PAT Qtr | 31.7 Cr. | PAT Prev Qtr | 29.4 Cr. |
| RSI | 55.6 | MACD | 6.34 | Volume | 23,08,459 | Avg Vol 1Wk | 29,06,580 |
| Low price | 173 ₹ | High price | 324 ₹ | PEG Ratio | 5.22 | Debt to equity | 0.64 |
| 52w Index | 48.6 % | Qtr Profit Var | 2,394 % | EPS | 0.88 ₹ | Industry PE | 29.8 |
📊 Analysis: ACMESOLAR shows moderate potential for intraday trading. RSI at 55.6 indicates neutral momentum, while MACD (6.34) is slightly positive, suggesting mild bullishness. Current price (246 ₹) is above DMA 50 (234 ₹) and near DMA 200 (243 ₹), showing short-term support. However, high P/E (288 vs industry 29.8) and weak ROE (5.18%) limit confidence. Volume is below average, reducing intraday liquidity.
💰 Optimal Buy Price: 244–246 ₹ if price sustains above DMA 200 with volume confirmation.
📈 Profit Exit Levels: 255 ₹ (minor resistance), 265 ₹ (next resistance zone).
📉 Stop-Loss: 240 ₹ (below intraday support).
⏱️ If Already Holding: Exit near 255–260 ₹ if momentum indicators flatten. If price breaks below 240 ₹ with strong volume, exit to protect capital.
✅ Positive
- Market cap of 14,957 Cr. provides stability.
- Price trading above DMA 50 and DMA 200.
- Quarterly PAT improved (31.7 Cr vs 29.4 Cr).
⚠️ Limitation
- Extremely high P/E (288 vs industry 29.8).
- Weak ROE (5.18%) and ROCE (7.63%).
- Low dividend yield (0.08%).
- Volume below weekly average, limiting intraday moves.
📰 Company Negative News
- FII holdings reduced (-1.54%).
- High debt-to-equity ratio (0.64) compared to peers.
🌟 Company Positive News
- DII holdings increased (+0.48%).
- Quarterly profit growth (+2,394% variation).
🏭 Industry
- Industry P/E is 29.8, far below ACMESOLAR’s valuation.
- Renewable energy sector remains in growth phase, but valuations are stretched.
📌 Conclusion
ACMESOLAR is a moderate intraday candidate today with neutral-to-positive momentum. Traders may consider entries near 244–246 ₹ with exits around 255–265 ₹. Tight stop-losses are essential due to overvaluation and weak fundamentals.