ASAHIINDIA - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 4.0

🪟 Asahi India Glass Ltd. shows strong technical breakout and institutional accumulation, making it a favorable candidate for intraday trading with caution on valuation and earnings volatility.

📈 Positive

• 🔹 MACD at 16.1: Bullish crossover supports continued upward momentum.
• 🔹 RSI at 61.7: Bullish zone, indicating strong buying interest.
• 🔹 Price Above 50 & 200 DMA: Current price (₹960) is above both DMAs (₹894 & ₹797), confirming trend strength.
• 🔹 Volume Surge: Current volume (3.84L) is more than double the 1-week average (1.56L), showing strong intraday participation.
• 🔹 FII & DII Accumulation: FII holdings up 1.13% and DII up 3.38%, signaling institutional confidence.

⚠️ Limitation

• 🔸 High P/E Ratio: At 76.0, significantly above industry average (32.8), suggesting valuation premium.
• 🔸 PEG Ratio at -507: Indicates poor earnings growth relative to valuation.
• 🔸 Debt-to-Equity at 0.96: High leverage may limit flexibility.
• 🔸 Quarterly PAT Decline: Down from ₹91.4 Cr to ₹53.4 Cr, a 30.2% drop.

🚫 Company Negative News

• 📉 Profitability Pressure: Analysts cite margin compression due to rising input costs and slowdown in auto OEM demand.

✅ Company Positive News

• 🪟 Architectural Glass Demand: Continued growth in construction and premium glazing segments.
• 📈 Strong Technical Breakout: Price hitting 52-week high with volume surge suggests bullish continuation.

🏦 Industry

• 🏭 Sector: Auto Ancillaries & Building Materials — Glass & Glazing Solutions.
• 📊 Industry PE: 32.8, lower than ASAHIINDIA’s, indicating valuation caution.

📌 Conclusion

• 📉 Intraday Setup: Strong MACD, RSI, and volume favor breakout trades; valuation and earnings caution apply.
• 💰 Optimal Buy Price: ₹950–₹955 (on minor dips).
• 📈 Profit Exit Level: ₹970–₹980 (short-term resistance zone).
• 🛑 Stop Loss: ₹940 (below breakout level).
• ⏳ If Holding: Exit if RSI crosses 64 or price fails to hold above ₹955 intraday.

I can also compare ASAHIINDIA’s intraday setup with other auto ancillary and building material stocks showing similar breakout momentum today.