ATHERENERG - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | ATHERENERG | Market Cap | 28,856 Cr. | Current Price | 754 ₹ | High / Low | 790 ₹ |
| Book Value | 71.3 ₹ | Dividend Yield | 0.00 % | ROCE | -65.7 % | ROE | -156 % |
| Face Value | 1.00 ₹ | DMA 50 | 694 ₹ | DMA 200 | 586 ₹ | Chg in FII Hold | -6.16 % |
| Chg in DII Hold | 4.50 % | PAT Qtr | -79.6 Cr. | PAT Prev Qtr | -154 Cr. | RSI | 66.4 |
| MACD | 11.6 | Volume | 74,71,876 | Avg Vol 1Wk | 36,41,405 | Low price | 287 ₹ |
| High price | 790 ₹ | Debt to equity | 0.16 | 52w Index | 92.9 % | Qtr Profit Var | 59.8 % |
| EPS | -19.1 ₹ | Industry PE | 27.7 |
📊 Analysis: ATHERENERG trades at ₹754, close to its 52-week high (₹790). RSI at 66.4 indicates strong momentum but nearing overbought territory. MACD (11.6) is positive, confirming bullish sentiment. Intraday volume (74,71,876) is significantly higher than the weekly average (36,41,405), showing strong trader participation. Despite negative fundamentals (ROCE -65.7%, ROE -156%), intraday momentum favors short-term trading opportunities.
💡 Optimal Buy Price: ₹740–₹750 if price sustains above support levels.
🎯 Profit Exit Levels: ₹770 (near-term resistance), ₹790 (52-week high breakout zone).
🛡️ Stop-Loss: ₹725 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹770–₹790 if momentum slows. If price falls below ₹725 with volume, exit immediately to avoid losses.
Positive
- Strong intraday volume indicates active trader interest.
- Price trading above both 50 DMA (₹694) and 200 DMA (₹586), showing medium-term strength.
- DII holdings increased (+4.50%), reflecting strong domestic institutional support.
- Quarterly losses reduced significantly (PAT -79.6 Cr. vs -154 Cr.), showing improvement.
Limitation
- Negative ROCE (-65.7%) and ROE (-156%) highlight poor financial efficiency.
- No dividend yield, limiting investor returns.
- EPS remains negative (-19.1 ₹), raising concerns about profitability.
Company Negative News
- FII holdings decreased (-6.16%), showing reduced foreign investor confidence.
- Persistent losses despite revenue growth.
Company Positive News
- Quarterly losses narrowed, showing operational improvement.
- Strong domestic institutional buying supports price stability.
- Stock trading near 52-week highs, reflecting market optimism.
Industry
- EV sector remains high-growth with strong demand outlook.
- Industry PE at 27.7 highlights sector stability compared to ATHERENERG’s unprofitable valuation.
Conclusion
✅ ATHERENERG shows strong intraday potential today with high volume, positive MACD, and price near 52-week highs. Traders may consider entry around ₹740–₹750 with profit targets near ₹770–₹790. However, weak fundamentals and heavy FII selling warrant caution. Intraday traders should remain disciplined with stop-loss at ₹725 to manage risk.