ASAHIINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | ASAHIINDIA | Market Cap | 24,619 Cr. | Current Price | 964 ₹ | High / Low | 1,074 ₹ |
| Stock P/E | 81.9 | Book Value | 149 ₹ | Dividend Yield | 0.21 % | ROCE | 12.0 % |
| ROE | 13.2 % | Face Value | 1.00 ₹ | DMA 50 | 972 ₹ | DMA 200 | 885 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.09 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 47.5 Cr. |
| RSI | 48.0 | MACD | 0.81 | Volume | 79,834 | Avg Vol 1Wk | 1,20,426 |
| Low price | 577 ₹ | High price | 1,074 ₹ | PEG Ratio | -546 | Debt to equity | 0.74 |
| 52w Index | 77.9 % | Qtr Profit Var | 28.5 % | EPS | 11.9 ₹ | Industry PE | 28.7 |
📊 Analysis: ASAHIINDIA is trading at ₹964, slightly below its 50 DMA (₹972) but above its 200 DMA (₹885), reflecting mixed momentum. RSI at 48.0 indicates neutral positioning, while MACD (0.81) shows mild bullish crossover. Intraday volume (79,834) is lower than the weekly average (1,20,426), suggesting reduced participation. Fundamentals are weak with high P/E (81.9 vs industry 28.7), low ROCE (12.0%), and ROE (13.2%). However, quarterly PAT improved significantly (₹108 Cr. vs ₹47.5 Cr., +28.5%), providing some earnings momentum. Intraday trading potential exists but with caution due to stretched valuations and low efficiency.
💡 Optimal Buy Price: ₹955–960 if price consolidates near support.
🎯 Profit-Taking Levels: ₹975–985 (near 50 DMA resistance).
🛡️ Stop-Loss: ₹945 to protect against downside risk.
⏱️ Exit Strategy (if already holding): Exit if price fails to sustain above ₹975 with strong volume. Weak fundamentals suggest booking profits early rather than holding for extended moves.
Positive
- Quarterly PAT growth from ₹47.5 Cr. to ₹108 Cr. (+28.5%).
- EPS of ₹11.9 provides earnings visibility.
- Trading above 200 DMA indicates medium-term strength.
- FII (+0.01%) and DII (+0.09%) holdings show marginal institutional support.
- 52-week index return of 77.9% reflects strong investor interest.
Limitation
- High P/E (81.9) compared to industry average (28.7).
- Low ROCE (12.0%) and ROE (13.2%) highlight weak efficiency.
- Negative PEG ratio (-546) indicates valuation concerns.
- Debt-to-equity ratio of 0.74 shows moderate leverage risk.
- Intraday volume below average, limiting momentum trades.
Company Negative News
- No major negative news reported, but stretched valuations and weak efficiency metrics raise caution.
Company Positive News
- Strong quarterly profit growth supports earnings momentum.
- Marginal institutional inflows indicate some investor confidence.
Industry
- Industry P/E at 28.7 indicates sector is moderately valued compared to ASAHIINDIA’s high valuation.
- Glass and automotive sector benefiting from infrastructure and automobile demand.
Conclusion
⚖️ ASAHIINDIA shows improving earnings but weak fundamentals and stretched valuations. It is a cautious candidate for intraday trading with entry near ₹955–960 and profit-taking around ₹975–985. Traders should closely monitor volume and momentum indicators before committing to positions.