ASHOKLEY - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | ASHOKLEY | Market Cap | 98,999 Cr. | Current Price | 169 ₹ | High / Low | 215 ₹ |
| Stock P/E | 26.9 | Book Value | 19.6 ₹ | Dividend Yield | 1.85 % | ROCE | 36.5 % |
| ROE | 31.4 % | Face Value | 1.00 ₹ | DMA 50 | 189 ₹ | DMA 200 | 160 ₹ |
| Chg in FII Hold | 0.09 % | Chg in DII Hold | 0.14 % | PAT Qtr | 1,026 Cr. | PAT Prev Qtr | 801 Cr. |
| RSI | 31.8 | MACD | -7.31 | Volume | 2,08,18,125 | Avg Vol 1Wk | 2,12,02,616 |
| Low price | 95.2 ₹ | High price | 215 ₹ | PEG Ratio | 0.07 | Debt to equity | 0.12 |
| 52w Index | 61.0 % | Qtr Profit Var | 34.7 % | EPS | 5.80 ₹ | Industry PE | 34.2 |
📊 ASHOKLEY shows mixed signals for intraday trading. RSI at 31.8 indicates oversold conditions, while MACD is negative (-7.31), suggesting bearish sentiment. Current price (169 ₹) is below the 50 DMA (189 ₹) but above the 200 DMA (160 ₹), reflecting short-term weakness but medium-term support. Intraday volume (2.08 Cr) is close to the 1-week average (2.12 Cr), showing stable participation, which supports intraday opportunities.
💡 Optimal Buy Price: 167–170 ₹ (near support zone)
🎯 Profit-Taking Levels: 176–182 ₹ (short-term resistance)
🛑 Stop-Loss: 164 ₹ (recent low)
⏱️ If already holding: Exit near 176–180 ₹ if momentum stalls or volume weakens, as upside is capped by resistance despite strong fundamentals.
Positive
- Strong ROCE (36.5%) and ROE (31.4%) highlight excellent capital efficiency.
- EPS of 5.80 ₹ supports profitability.
- Quarterly PAT improved significantly (1,026 Cr vs 801 Cr).
- PEG ratio of 0.07 indicates attractive valuation relative to growth.
- FII (+0.09%) and DII (+0.14%) holdings increased, showing investor confidence.
Limitation
- Stock trading below 50 DMA confirms short-term weakness.
- High P/E of 26.9 compared to book value (19.6 ₹) suggests stretched valuation.
- Debt-to-equity ratio of 0.12 indicates some leverage risk.
- Dividend yield of 1.85% is modest compared to peers.
Company Negative News
- No major external negative news reported, but short-term technical weakness remains a concern.
Company Positive News
- Quarterly profit variance up 34.7%, showing strong earnings momentum.
- Institutional inflows (FII and DII) highlight investor confidence.
Industry
- Industry PE at 34.2 is higher than company PE (26.9), suggesting ASHOKLEY trades at a discount.
- Automobile and commercial vehicle sector remains strong with cyclical demand recovery.
Conclusion
⚖️ ASHOKLEY is fundamentally strong but technically weak for intraday trades today. Entry near 167–170 ₹ with a stop-loss at 164 ₹ is advisable. Upside potential is limited to 176–182 ₹, making it a moderate-risk intraday candidate with good fundamentals but short-term caution.