BALRAMCHIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | BALRAMCHIN | Market Cap | 8,928 Cr. | Current Price | 442 ₹ | High / Low | 628 ₹ |
| Stock P/E | 24.0 | Book Value | 183 ₹ | Dividend Yield | 0.79 % | ROCE | 9.84 % |
| ROE | 10.1 % | Face Value | 1.00 ₹ | DMA 50 | 434 ₹ | DMA 200 | 485 ₹ |
| Chg in FII Hold | -0.65 % | Chg in DII Hold | -0.09 % | PAT Qtr | 46.0 Cr. | PAT Prev Qtr | 43.1 Cr. |
| RSI | 59.9 | MACD | -1.76 | Volume | 1,54,854 | Avg Vol 1Wk | 3,01,373 |
| Low price | 393 ₹ | High price | 628 ₹ | PEG Ratio | -2.41 | Debt to equity | 0.21 |
| 52w Index | 20.6 % | Qtr Profit Var | 1,413 % | EPS | 18.4 ₹ | Industry PE | 11.1 |
📊 Analysis: BALRAMCHIN shows moderate intraday potential. Current price (₹442) is above 50 DMA (₹434) but below 200 DMA (₹485), indicating short-term support but medium-term weakness. RSI at 59.9 suggests healthy momentum, while MACD (-1.76) reflects mild bearish divergence. Volume (1,54,854) is lower than average weekly volume (3,01,373), showing reduced trader participation. Fundamentals show strong profit recovery but valuations remain stretched compared to industry.
💹 Optimal Buy Price: ₹438 – ₹445 (near support zone).
🎯 Profit-Taking Levels: ₹455 – ₹465 (short-term resistance).
🛡️ Stop-Loss: ₹430 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹440 with weakening momentum or if RSI dips below 55 intraday. If volume strengthens with upward price action, partial profit booking near ₹460 is advisable.
Positive
- Quarterly PAT improved (₹46 Cr vs ₹43.1 Cr), showing earnings growth.
- EPS of ₹18.4 supports profitability.
- Dividend yield of 0.79% provides passive returns.
- ROE (10.1%) and ROCE (9.84%) indicate decent capital efficiency.
Limitation
- Stock trading below 200 DMA, showing medium-term weakness.
- PEG ratio (-2.41) indicates poor growth relative to valuation.
- Volume lower than average, reducing intraday momentum.
- ROCE and ROE modest compared to peers.
Company Negative News
- FII holdings declined (-0.65%), showing reduced foreign investor confidence.
- DII holdings also declined (-0.09%), reflecting weaker domestic support.
Company Positive News
- Quarterly profit variation (+1,413%) highlights strong recovery from prior weakness.
- Stable dividend yield supports investor sentiment.
Industry
- Industry P/E at 11.1 indicates sector stability, though BALRAMCHIN trades at a premium (24.0).
- Sugar sector remains cyclical, offering volatility for intraday traders.
Conclusion
⚖️ BALRAMCHIN is a moderately good candidate for intraday trading today. Fundamentals show strong profit recovery, but weak technicals and declining institutional holdings limit upside momentum. Best strategy is cautious entry near ₹440 with tight stop-loss and profit booking around ₹460.