ASAHIINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | ASAHIINDIA | Market Cap | 21,427 Cr. | Current Price | 841 ₹ | High / Low | 1,074 ₹ |
| Stock P/E | 71.3 | Book Value | 149 ₹ | Dividend Yield | 0.24 % | ROCE | 12.0 % |
| ROE | 13.2 % | Face Value | 1.00 ₹ | DMA 50 | 915 ₹ | DMA 200 | 890 ₹ |
| Chg in FII Hold | 0.01 % | Chg in DII Hold | 0.09 % | PAT Qtr | 108 Cr. | PAT Prev Qtr | 47.5 Cr. |
| RSI | 39.2 | MACD | -28.4 | Volume | 5,99,210 | Avg Vol 1Wk | 26,32,778 |
| Low price | 579 ₹ | High price | 1,074 ₹ | PEG Ratio | -475 | Debt to equity | 0.74 |
| 52w Index | 53.0 % | Qtr Profit Var | 28.5 % | EPS | 11.9 ₹ | Industry PE | 23.7 |
📊 ASAHIINDIA shows weak technicals and stretched valuations for intraday trading. RSI at 39.2 indicates oversold conditions, while MACD remains negative (-28.4), suggesting bearish sentiment. Current price (841 ₹) is below both 50 DMA (915 ₹) and 200 DMA (890 ₹), reflecting short-term weakness. Intraday volume (5.99L) is significantly lower than the 1-week average (26.3L), showing reduced participation, which limits strong intraday moves.
💡 Optimal Buy Price: 835–845 ₹ (near support zone)
🎯 Profit-Taking Levels: 860–880 ₹ (short-term resistance)
🛑 Stop-Loss: 825 ₹ (recent low)
⏱️ If already holding: Exit near 860–870 ₹ if momentum stalls or volume weakens, as upside is capped by resistance and negative MACD.
Positive
- EPS at 11.9 ₹ supports profitability.
- Quarterly PAT improved (108 Cr vs 47.5 Cr), showing earnings recovery.
- DII holdings increased by 0.09%, showing domestic investor confidence.
- FII holdings increased slightly (+0.01%), reflecting marginal foreign interest.
Limitation
- Stock trading below both 50 DMA and 200 DMA confirms bearish trend.
- Extremely high P/E of 71.3 compared to industry PE (23.7), indicating overvaluation.
- Debt-to-equity ratio of 0.74 indicates leverage risk.
- Weak ROCE (12.0%) and ROE (13.2%) compared to peers.
- Intraday volume far below average, limiting momentum trades.
Company Negative News
- No major external negative news reported, but high valuation and weak efficiency ratios remain concerns.
Company Positive News
- Quarterly profit variance up 28.5%, showing strong earnings momentum year-on-year.
- Institutional inflows (FII and DII) highlight investor confidence, albeit marginal.
Industry
- Industry PE at 23.7 is much lower than company PE (71.3), suggesting ASAHIINDIA trades at a steep premium.
- Glass and automotive sector remains steady, but valuations are stretched.
Conclusion
⚖️ ASAHIINDIA is fundamentally fair but technically weak for intraday trades today. Entry near 835–845 ₹ with a stop-loss at 825 ₹ is advisable only for highly cautious traders. Upside potential is limited to 860–880 ₹, making it a risky intraday candidate rather than a strong buy.