BALKRISIND - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for BALKRISIND based on the given parameters
IntraDay Trade Rating: 3.4
| Stock Code | BALKRISIND | Market Cap | 43,212 Cr. | Current Price | 2,234 ₹ | High / Low | 2,801 ₹ |
| Stock P/E | 35.4 | Book Value | 567 ₹ | Dividend Yield | 0.72 % | ROCE | 12.2 % |
| ROE | 11.4 % | Face Value | 2.00 ₹ | DMA 50 | 2,192 ₹ | DMA 200 | 2,322 ₹ |
| Chg in FII Hold | 0.13 % | Chg in DII Hold | -0.17 % | PAT Qtr | 295 Cr. | PAT Prev Qtr | 375 Cr. |
| RSI | 55.7 | MACD | -1.19 | Volume | 59,828 | Avg Vol 1Wk | 4,69,695 |
| Low price | 1,970 ₹ | High price | 2,801 ₹ | PEG Ratio | 6.14 | Debt to equity | 0.37 |
| 52w Index | 31.8 % | Qtr Profit Var | -18.5 % | EPS | 63.2 ₹ | Industry PE | 22.3 |
📊 Analysis: BALKRISIND is trading above its 50 DMA (₹2,192) but below its 200 DMA (₹2,322), showing short-term support but medium-term weakness. RSI at 55.7 indicates neutral momentum, while MACD at -1.19 reflects mild bearish divergence. Intraday volume (59,828) is far below the weekly average (4,69,695), suggesting weak participation. Fundamentals remain steady with EPS of ₹63.2 and dividend yield of 0.72%, though quarterly PAT declined (-18.5%).
💹 Optimal Buy Price: ₹2,220 – ₹2,240 (near DMA support)
🎯 Profit Exit Levels: ₹2,260 – ₹2,280 (short-term resistance zone)
🛑 Stop-Loss: ₹2,200 (below immediate support)
⏳ Exit Strategy if Holding: Exit intraday if RSI falls below 54 with rising sell volume or if price breaks under ₹2,200 with strong bearish candles. On the upside, partial profit booking is advised near ₹2,260–₹2,280 if momentum stalls.
✅ Positive
- EPS at ₹63.2 supports valuation strength.
- Dividend yield at 0.72% provides shareholder returns.
- FII holdings increased (+0.13%), reflecting foreign investor confidence.
- Debt-to-equity ratio at 0.37 indicates manageable leverage.
⚠️ Limitation
- High P/E (35.4) compared to industry average (22.3).
- PEG ratio at 6.14 suggests overvaluation relative to growth.
- MACD (-1.19) signals weak momentum.
- Intraday volume significantly below average, limiting liquidity.
📉 Company Negative News
- Quarterly PAT declined from ₹375 Cr. to ₹295 Cr. (-18.5%).
- DII holdings decreased (-0.17%), showing reduced domestic support.
📈 Company Positive News
- FII inflows (+0.13%) indicate foreign investor confidence.
- Dividend yield at 0.72% provides steady returns.
🏭 Industry
- Tyre and rubber sector trading at industry PE of 22.3, lower than BALKRISIND’s valuation.
- Sector growth remains steady, but profitability challenges weigh on sentiment.
🔎 Conclusion
BALKRISIND is a moderately suitable intraday candidate today. Entry near ₹2,220–₹2,240 offers upside potential toward ₹2,260–₹2,280. While fundamentals and FII inflows provide support, weak volume, stretched valuations, and declining profits require strict stop-loss discipline.
Would you like me to extend this into a sector overlay comparing BALKRISIND with MRF, Apollo Tyres, and CEAT for sharper benchmarking?