ATUL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | ATUL | Market Cap | 18,404 Cr. | Current Price | 6,222 ₹ | High / Low | 7,793 ₹ |
| Stock P/E | 35.6 | Book Value | 1,973 ₹ | Dividend Yield | 0.40 % | ROCE | 11.9 % |
| ROE | 8.64 % | Face Value | 10.0 ₹ | DMA 50 | 6,301 ₹ | DMA 200 | 6,310 ₹ |
| Chg in FII Hold | -0.86 % | Chg in DII Hold | 0.46 % | PAT Qtr | 121 Cr. | PAT Prev Qtr | 172 Cr. |
| RSI | 45.5 | MACD | -31.8 | Volume | 11,221 | Avg Vol 1Wk | 28,834 |
| Low price | 4,752 ₹ | High price | 7,793 ₹ | PEG Ratio | -4.40 | Debt to equity | 0.00 |
| 52w Index | 48.3 % | Qtr Profit Var | 30.8 % | EPS | 176 ₹ | Industry PE | 25.2 |
📊 Analysis: ATUL trades at ₹6,222, slightly below both 50 DMA (₹6,301) and 200 DMA (₹6,310), showing weak momentum. RSI at 45.5 indicates neutral to mildly bearish sentiment, while MACD (-31.8) is negative, confirming lack of bullish strength. Intraday volume (11,221) is far below the weekly average (28,834), suggesting weak trader participation. The stock is not an ideal candidate for intraday trading today.
💡 Optimal Buy Price: ₹6,180–₹6,220 if price stabilizes with volume support.
🎯 Profit Exit Levels: ₹6,300 (near DMA resistance), ₹6,400 (upper resistance zone).
🛡️ Stop-Loss: ₹6,100 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹6,300 if momentum fails to strengthen. If price breaks below ₹6,100 with volume, exit immediately to avoid deeper losses.
Positive
- Strong EPS (₹176) compared to industry peers.
- Debt-free company (Debt-to-equity 0.00), ensuring financial stability.
- DII holdings increased (+0.46%), showing domestic institutional support.
- Book value of ₹1,973 provides strong asset backing.
Limitation
- ROCE (11.9%) and ROE (8.64%) are relatively weak compared to industry standards.
- Quarterly PAT declined from ₹172 Cr. to ₹121 Cr., showing earnings pressure.
- Low intraday volume compared to average, limiting trading opportunities.
- PEG ratio (-4.40) indicates poor growth prospects relative to valuation.
Company Negative News
- FII holdings decreased (-0.86%), signaling reduced foreign investor confidence.
- Quarterly profit decline raises concerns about earnings consistency.
Company Positive News
- DII buying increased, supporting price stability.
- Dividend yield of 0.40% provides some shareholder return.
- Strong EPS and high book value highlight long-term resilience.
Industry
- Chemicals sector remains cyclical with demand fluctuations.
- Industry PE at 25.2 is lower than ATUL’s PE (35.6), showing premium valuation.
Conclusion
⚠️ ATUL is not a strong intraday candidate today due to weak momentum, low volume, and declining profits. Traders should only consider entry if price stabilizes near ₹6,200 with volume confirmation. Profit targets lie around ₹6,300–₹6,400, but risk of downside remains high. Long-term investors may still find value in its debt-free status and strong EPS, but intraday traders should remain cautious.