ASAHIINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | ASAHIINDIA | Market Cap | 21,944 Cr. | Current Price | 861 ₹ | High / Low | 1,074 ₹ |
| Stock P/E | 65.6 | Book Value | 158 ₹ | Dividend Yield | 0.23 % | ROCE | 11.4 % |
| ROE | 9.89 % | Face Value | 1.00 ₹ | DMA 50 | 869 ₹ | DMA 200 | 874 ₹ |
| Chg in FII Hold | -0.03 % | Chg in DII Hold | 0.10 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 108 Cr. |
| RSI | 46.6 | MACD | 6.41 | Volume | 89,764 | Avg Vol 1Wk | 50,414 |
| Low price | 688 ₹ | High price | 1,074 ₹ | PEG Ratio | -24.6 | Debt to equity | 0.52 |
| 52w Index | 44.8 % | Qtr Profit Var | 37.6 % | EPS | 12.9 ₹ | Industry PE | 27.6 |
📊 Optimal Buy Price: 850–865 ₹ (near DMA 50/200 zone)
💹 Profit-Taking Levels: 890–910 ₹ (short-term resistance)
🛑 Stop-Loss: 835 ₹
⏱️ Exit Strategy if Holding: Exit intraday if RSI falls below 45 or price fails to sustain above 850 ₹. Book profits if momentum drives price into 890–910 ₹ zone with strong volume confirmation. Exit early if intraday volume weakens below average and price slips under 850 ₹.
✅ Positive
- Quarterly PAT growth (108 Cr. → 126 Cr.) shows earnings momentum
- EPS at 12.9 ₹ supports fundamentals
- DII holding increased (+0.10%) showing domestic institutional support
- MACD positive (6.41) indicates bullish bias
- Volume (89,764) above weekly average (50,414) — strong participation
- Price near DMA 50 (869 ₹) and DMA 200 (874 ₹) — technical cushion
⚠️ Limitation
- High P/E of 65.6 compared to industry PE of 27.6 — steep valuation
- ROCE (11.4%) and ROE (9.89%) are modest
- RSI at 46.6 indicates weak momentum
- PEG ratio (-24.6) reflects poor growth-adjusted valuation
- Debt-to-equity ratio at 0.52 indicates moderate leverage risk
- FII holding decreased (-0.03%) showing reduced foreign investor confidence
📉 Company Negative News
- No major external news reported, but valuation, leverage, and weak momentum remain concerns
📈 Company Positive News
- Quarterly profit variation of 37.6% highlights strong recovery
- EPS growth supports fundamentals
- Volume strength indicates active intraday participation
🏭 Industry
- Glass and automotive components sector trading at industry PE of 27.6
- ASAHIINDIA trades at a premium, reflecting speculative interest despite weak momentum
🔎 Conclusion
ASAHIINDIA shows moderate intraday potential with strong quarterly profit recovery and volume support, but weak technical momentum, high valuation, and leverage risks limit conviction. Suitable for cautious intraday buy near 850–865 ₹ with strict stop-loss at 835 ₹ and profit booking around 890–910 ₹.
For broader perspective, you could extend this into a swing trade analysis, add sector benchmarking, or provide peer comparison to highlight relative positioning.