AFCONS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | AFCONS | Market Cap | 12,630 Cr. | Current Price | 344 ₹ | High / Low | 499 ₹ |
| Stock P/E | 21.4 | Book Value | 134 ₹ | Dividend Yield | 0.73 % | ROCE | 22.5 % |
| ROE | 14.9 % | Face Value | 10.0 ₹ | DMA 50 | 372 ₹ | DMA 200 | 415 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | 1.66 % | PAT Qtr | 112 Cr. | PAT Prev Qtr | 136 Cr. |
| RSI | 38.6 | MACD | -12.3 | Volume | 1,95,160 | Avg Vol 1Wk | 6,80,300 |
| Low price | 319 ₹ | High price | 499 ₹ | PEG Ratio | 0.69 | Debt to equity | 0.73 |
| 52w Index | 13.8 % | Qtr Profit Var | -20.2 % | EPS | 16.0 ₹ | Industry PE | 17.4 |
📊 Analysis: AFCONS is trading at ₹344, well below its 50 DMA (₹372) and 200 DMA (₹415), reflecting short-term weakness. RSI at 38.6 indicates oversold territory, but MACD (-12.3) shows strong bearish momentum. Intraday volume (1,95,160) is significantly lower than the 1-week average (6,80,300), suggesting weak participation. Fundamentals are decent (ROCE 22.5%, ROE 14.9%, PEG ratio 0.69), but recent quarterly profit decline (-20.2%) and relatively high debt-to-equity (0.73) weigh on sentiment.
💡 Optimal Buy Price: ₹335–338 if price stabilizes near support.
🎯 Profit-Taking Levels: ₹355–360 (short-term resistance zone).
🛡️ Stop-Loss: ₹328 to protect against downside risk.
⏱️ Exit Strategy (if already holding): Exit if price fails to cross ₹355 with strong volume. Weak intraday momentum and low participation suggest booking profits early rather than holding for extended moves.
Positive
- Strong ROCE (22.5%) and ROE (14.9%) indicate efficient capital use.
- PEG ratio of 0.69 suggests fair valuation relative to growth.
- DII holding increased by 1.66%, showing domestic institutional support.
- Book value of ₹134 provides a solid asset backing.
Limitation
- Current price below both 50 DMA and 200 DMA, showing bearish trend.
- Quarterly PAT declined from ₹136 Cr. to ₹112 Cr. (-20.2%).
- Debt-to-equity ratio of 0.73 indicates moderate leverage risk.
- Intraday volume far below average, limiting momentum trades.
Company Negative News
- No major negative news reported, but earnings decline raises concerns.
Company Positive News
- EPS at ₹16.0 supports long-term earnings visibility.
- Stable dividend yield of 0.73% provides some investor return.
Industry
- Industry P/E at 17.4 indicates sector is moderately valued.
- Infrastructure sector benefiting from government spending and project pipeline.
Conclusion
⚖️ AFCONS shows strong fundamentals but weak intraday momentum and declining profits. It is a cautious candidate for intraday trading with entry near ₹335–338 and profit-taking around ₹355–360. Traders should closely monitor volume and momentum indicators before committing to positions.