ATGL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.0
| Stock Code | ATGL | Market Cap | 60,374 Cr. | Current Price | 549 ₹ | High / Low | 798 ₹ |
| Stock P/E | 95.8 | Book Value | 40.8 ₹ | Dividend Yield | 0.05 % | ROCE | 17.4 % |
| ROE | 16.7 % | Face Value | 1.00 ₹ | DMA 50 | 563 ₹ | DMA 200 | 616 ₹ |
| Chg in FII Hold | -0.07 % | Chg in DII Hold | 0.02 % | PAT Qtr | 157 Cr. | PAT Prev Qtr | 162 Cr. |
| RSI | 50.8 | MACD | -10.8 | Volume | 8,69,290 | Avg Vol 1Wk | 8,12,582 |
| Low price | 507 ₹ | High price | 798 ₹ | PEG Ratio | 11.0 | Debt to equity | 0.45 |
| 52w Index | 14.4 % | Qtr Profit Var | 9.59 % | EPS | 5.73 ₹ | Industry PE | 19.0 |
📊 Analysis: ATGL shows moderate intraday potential. Current price (₹549) is below both 50 DMA (₹563) and 200 DMA (₹616), indicating weak short-term momentum. RSI at 50.8 is neutral, while MACD (-10.8) is negative, suggesting bearish bias. Volume (8.69 lakh) is slightly above weekly average (8.12 lakh), showing decent participation. Valuation is highly stretched (P/E 95.8 vs industry 19.0), and PEG ratio (11.0) highlights expensive growth. Fundamentals (ROCE 17.4%, ROE 16.7%) are decent, but technicals remain weak.
💰 Optimal Buy Price: ₹545–₹550 (near intraday support).
📈 Profit-Taking Exit Levels: ₹560–₹570 (short-term resistance zone).
📉 Stop-Loss / Loss Protection: ₹535 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹552 with weakening RSI or declining volume. If momentum improves with stronger volume, hold until ₹570 resistance zone.
✅ Positive
- ROCE (17.4%) and ROE (16.7%) indicate decent efficiency.
- Volume slightly above weekly average, showing active participation.
- DII holding increased (+0.02%), showing marginal domestic support.
⚠️ Limitation
- Trading below 50 DMA and 200 DMA, showing bearish trend.
- Negative MACD (-10.8) confirms weak momentum.
- Extremely high P/E (95.8 vs industry 19.0), suggesting overvaluation.
- Dividend yield (0.05%) negligible.
📉 Company Negative News
- FII holding reduced (-0.07%), showing declining foreign investor confidence.
- Stock trading near lower end of 52-week range (14.4%), reflecting weak sentiment.
📈 Company Positive News
- Quarterly PAT stable (₹157 Cr vs ₹162 Cr previous).
- EPS at ₹5.73 reflects profitability despite valuation concerns.
🏭 Industry
- Industry PE is 19.0, far below ATGL’s, highlighting valuation risk.
- Gas distribution sector outlook remains positive with long-term demand growth.
🔎 Conclusion
ATGL is a weak-to-moderate intraday candidate with neutral RSI, negative MACD, and stretched valuation. Optimal buy near ₹545–₹550 with exits around ₹570. Traders should monitor RSI and volume closely, as risk remains high due to weak technicals and premium valuation.