ATHERENERG - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for ATHERENERG based on the given parameters
IntraDay Trade Rating: 3.2
| Stock Code | ATHERENERG | Market Cap | 37,109 Cr. | Current Price | 969 ₹ | High / Low | 1,069 ₹ |
| Book Value | 67.2 ₹ | Dividend Yield | 0.00 % | ROCE | -19.8 % | ROE | -33.4 % |
| Face Value | 1.00 ₹ | DMA 50 | 927 ₹ | DMA 200 | 735 ₹ | Chg in FII Hold | -0.24 % |
| Chg in DII Hold | 0.87 % | PAT Qtr | -100 Cr. | PAT Prev Qtr | -79.6 Cr. | RSI | 49.6 |
| MACD | 23.9 | Volume | 32,52,274 | Avg Vol 1Wk | 31,69,219 | Low price | 314 ₹ |
| High price | 1,069 ₹ | Debt to equity | 0.26 | 52w Index | 86.8 % | Qtr Profit Var | 57.2 % |
| EPS | -13.5 ₹ | Industry PE | 37.5 |
📊 Analysis: ATHERENERG is trading above its 50 DMA (₹927) and well above its 200 DMA (₹735), showing strong medium-term momentum. RSI at 49.6 indicates neutral momentum, while MACD at 23.9 reflects bullish divergence. Intraday volume (32.5 Lakh) is slightly above the weekly average (31.7 Lakh), suggesting active participation. However, fundamentals remain weak with negative ROE (-33.4%) and ROCE (-19.8%).
💹 Optimal Buy Price: ₹955 – ₹970 (near DMA support)
🎯 Profit Exit Levels: ₹995 – ₹1,015 (short-term resistance zone)
🛑 Stop-Loss: ₹940 (below DMA 50 support)
⏳ Exit Strategy if Holding: Exit intraday if RSI drops below 48 with rising sell volume or if price falls under ₹940 with strong bearish candles. On the upside, partial profit booking is advised near ₹1,000–₹1,015 if momentum stalls.
✅ Positive
- Price trading above both DMA 50 and DMA 200, showing bullish technical strength.
- MACD positive (23.9), supporting short-term upward momentum.
- Strong trading volume above weekly average, indicating active participation.
- DII holdings increased (+0.87%), reflecting domestic investor confidence.
⚠️ Limitation
- Negative ROCE (-19.8%) and ROE (-33.4%) highlight weak profitability.
- EPS at -₹13.5 shows ongoing losses.
- No dividend yield, limiting shareholder returns.
- High volatility with sharp swings between ₹314 and ₹1,069 in 52 weeks.
📉 Company Negative News
- Quarterly PAT loss widened from -₹79.6 Cr. to -₹100 Cr.
- EPS remains negative, reflecting ongoing losses.
- FII holdings declined (-0.24%), showing foreign investor caution.
📈 Company Positive News
- Quarterly profit variation (+57.2%) shows operational scale improving despite losses.
- Domestic institutions increasing stake (+0.87%).
- Momentum indicators (MACD, volume) remain supportive for intraday trading.
🏭 Industry
- EV sector remains high-growth, supported by government incentives.
- Industry PE at 37.5, but company has no positive earnings to compare.
- Rising demand for EV adoption continues to support sector outlook.
🔎 Conclusion
ATHERENERG is a speculative intraday candidate today. Entry near ₹955–₹970 offers upside potential toward ₹995–₹1,015. Strong volume and positive MACD support momentum trades, but weak fundamentals and ongoing losses demand strict stop-loss discipline. Best suited for momentum-driven traders rather than long-term holders.
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