AKZOINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | AKZOINDIA | Market Cap | 13,124 Cr. | Current Price | 2,885 ₹ | High / Low | 3,916 ₹ |
| Stock P/E | 34.9 | Book Value | 495 ₹ | Dividend Yield | 3.47 % | ROCE | 41.7 % |
| ROE | 32.2 % | Face Value | 10.0 ₹ | DMA 50 | 3,107 ₹ | DMA 200 | 3,307 ₹ |
| Chg in FII Hold | 0.69 % | Chg in DII Hold | 6.81 % | PAT Qtr | 94.6 Cr. | PAT Prev Qtr | 83.4 Cr. |
| RSI | 39.8 | MACD | -106 | Volume | 23,153 | Avg Vol 1Wk | 44,382 |
| Low price | 2,649 ₹ | High price | 3,916 ₹ | PEG Ratio | 2.50 | Debt to equity | 0.03 |
| 52w Index | 18.6 % | Qtr Profit Var | -12.9 % | EPS | 429 ₹ | Industry PE | 34.2 |
📊 Analysis: AKZOINDIA is trading at ₹2,885, below both its 50 DMA (₹3,107) and 200 DMA (₹3,307), reflecting short-term weakness. RSI at 39.8 indicates oversold territory, while MACD (-106) shows strong bearish momentum. Intraday volume (23,153) is lower than the average weekly volume (44,382), suggesting limited participation. Despite this, fundamentals are strong with high ROCE (41.7%), ROE (32.2%), and a healthy dividend yield (3.47%). Valuation is slightly above industry average (P/E 34.9 vs 34.2), but strong institutional support (DII holding +6.81%) adds confidence.
💡 Optimal Buy Price: ₹2,860–2,870 if price consolidates near support.
🎯 Profit-Taking Levels: ₹2,930–2,950 (short-term resistance zone).
🛡️ Stop-Loss: ₹2,840 to protect against downside risk.
⏱️ Exit Strategy (if already holding): Exit if price fails to sustain above ₹2,930 with strong volume. Momentum indicators suggest limited upside, so profit booking should be considered early to avoid reversal risk.
Positive
- Strong ROCE (41.7%) and ROE (32.2%) highlight excellent efficiency.
- Dividend yield of 3.47% provides steady investor returns.
- DII holding increased significantly (+6.81%), showing domestic institutional confidence.
- EPS of ₹429 reflects strong earnings power.
- Debt-to-equity ratio of 0.03 indicates virtually debt-free balance sheet.
Limitation
- Trading below both 50 DMA and 200 DMA, showing bearish trend.
- Quarterly PAT declined from ₹83.4 Cr. to ₹94.6 Cr. (-12.9%).
- Low intraday volume compared to average, limiting momentum trades.
- RSI near oversold zone but MACD strongly negative, indicating weak short-term momentum.
Company Negative News
- No major negative news reported, but earnings decline raises caution.
Company Positive News
- Strong fundamentals with high ROCE and ROE.
- Institutional support from both FII (+0.69%) and DII (+6.81%).
Industry
- Industry P/E at 34.2 indicates sector is moderately valued.
- Paints and coatings sector benefiting from housing demand and infrastructure growth.
Conclusion
⚖️ AKZOINDIA shows strong fundamentals but weak intraday momentum. It is a moderate candidate for intraday trading with entry near ₹2,860–2,870 and profit-taking around ₹2,930–2,950. Traders should closely monitor volume and momentum indicators before committing to positions.