ADANIGREEN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | ADANIGREEN | Market Cap | 1,40,896 Cr. | Current Price | 855 ₹ | High / Low | 1,179 ₹ |
| Stock P/E | 191 | Book Value | 89.8 ₹ | Dividend Yield | 0.00 % | ROCE | 8.87 % |
| ROE | 9.41 % | Face Value | 10.0 ₹ | DMA 50 | 925 ₹ | DMA 200 | 999 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | 1.33 % | PAT Qtr | 82.0 Cr. | PAT Prev Qtr | 475 Cr. |
| RSI | 39.4 | MACD | -22.6 | Volume | 23,36,861 | Avg Vol 1Wk | 34,56,268 |
| Low price | 765 ₹ | High price | 1,179 ₹ | PEG Ratio | 1.71 | Debt to equity | 1.18 |
| 52w Index | 21.7 % | Qtr Profit Var | -85.3 % | EPS | 4.11 ₹ | Industry PE | 31.7 |
📊 Analysis: ADANIGREEN shows weak intraday momentum. RSI at 39.4 indicates oversold conditions but not yet a reversal. MACD (-22.6) is negative, confirming bearish sentiment. Current price (₹855) is below both 50 DMA (₹925) and 200 DMA (₹999), signaling short-term weakness. Volume today (23.3 lakh) is lower than average (34.5 lakh), reducing intraday volatility. Fundamentals are weak with very high P/E (191) compared to industry average (31.7), and quarterly PAT dropped sharply (-85.3%).
💰 Optimal Buy Price: Entry near ₹845–₹855 if support holds.
📈 Profit Exit Levels: ₹875–₹890 (short-term resistance).
📉 Stop-Loss: ₹830 to protect against downside.
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹865 or if momentum indicators remain negative with weak volume. Consider partial profit booking near ₹875 resistance.
Positive
- Large market cap of ₹1,40,896 Cr. ensures liquidity.
- Sequential PAT improved from ₹101 Cr. to ₹114 Cr. earlier, though latest quarter is weak.
- FII (+0.13%) and DII (+1.33%) holdings increased.
- PEG ratio of 1.71 indicates fair growth alignment.
Limitation
- Current price below both 50 DMA and 200 DMA.
- RSI and MACD indicate bearish momentum.
- Volume lower than weekly average, limiting intraday moves.
Company Negative News
- Quarterly PAT dropped sharply from ₹475 Cr. to ₹82 Cr. (-85.3%).
- Dividend yield remains at 0%.
Company Positive News
- Institutional confidence with FII and DII holdings increasing.
- Long-term demand outlook remains positive in renewable energy sector.
Industry
- Industry P/E is 31.7, far below ADANIGREEN’s P/E of 191, indicating significant overvaluation.
- Sector sentiment remains positive due to renewable energy demand but cautious on valuations.
Conclusion
⚠️ ADANIGREEN is a weak intraday candidate today. Technical indicators show bearish momentum, and fundamentals are under pressure due to sharp profit decline and high valuation. Traders should only consider speculative entries near support with strict stop-losses. Conservative traders should avoid intraday exposure until momentum indicators improve.