ALKEM - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | ALKEM | Market Cap | 62,686 Cr. | Current Price | 5,240 ₹ | High / Low | 5,934 ₹ |
| Stock P/E | 28.3 | Book Value | 1,143 ₹ | Dividend Yield | 0.86 % | ROCE | 19.5 % |
| ROE | 19.9 % | Face Value | 2.00 ₹ | DMA 50 | 5,546 ₹ | DMA 200 | 5,460 ₹ |
| Chg in FII Hold | 0.50 % | Chg in DII Hold | -0.39 % | PAT Qtr | 654 Cr. | PAT Prev Qtr | 724 Cr. |
| RSI | 36.6 | MACD | -78.8 | Volume | 85,925 | Avg Vol 1Wk | 1,24,147 |
| Low price | 4,612 ₹ | High price | 5,934 ₹ | PEG Ratio | 2.03 | Debt to equity | 0.06 |
| 52w Index | 47.5 % | Qtr Profit Var | -3.35 % | EPS | 196 ₹ | Industry PE | 27.2 |
📊 ALKEM shows mixed signals for intraday trading. RSI at 36.6 indicates the stock is approaching oversold territory, while MACD remains negative (-78.8), suggesting bearish momentum. Current price (5,240 ₹) is below both 50 DMA (5,546 ₹) and 200 DMA (5,460 ₹), reflecting short-term weakness. Intraday volume (85.9K) is lower than the 1-week average (124K), limiting sharp intraday moves.
💡 Optimal Buy Price: 5,200–5,250 ₹ (near support zone)
🎯 Profit-Taking Levels: 5,350–5,420 ₹ (short-term resistance)
🛑 Stop-Loss: 5,180 ₹ (recent support)
⏱️ If already holding: Exit near 5,350–5,400 ₹ if momentum stalls or volume weakens, as upside is capped by resistance despite strong fundamentals.
Positive
- Strong ROCE (19.5%) and ROE (19.9%) highlight efficient capital use.
- Low debt-to-equity ratio (0.06) ensures financial stability.
- EPS of 196 ₹ supports strong profitability.
- FII holdings increased by 0.50%, showing foreign investor confidence.
Limitation
- Stock trading below both 50 DMA and 200 DMA confirms bearish trend.
- Quarterly PAT declined (654 Cr vs 724 Cr), showing earnings pressure.
- MACD remains negative, limiting short-term upside momentum.
- DII holdings decreased by 0.39%, showing reduced domestic investor confidence.
Company Negative News
- No major negative news reported, but quarterly profit decline (-3.35%) is a concern.
Company Positive News
- EPS remains strong at 196 ₹, supporting long-term valuation.
- Dividend yield of 0.86% provides steady shareholder returns.
Industry
- Industry PE at 27.2 is slightly lower than company PE (28.3), suggesting ALKEM trades at a premium.
- Pharma sector remains resilient with steady demand outlook.
Conclusion
⚖️ ALKEM is fundamentally strong but technically weak for intraday trades today. Entry near 5,200–5,250 ₹ with a stop-loss at 5,180 ₹ is advisable. Upside potential is limited to 5,350–5,420 ₹, making it a cautious intraday candidate with moderate risk.