BATAINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | BATAINDIA | Market Cap | 11,067 Cr. | Current Price | 860 ₹ | High / Low | 1,384 ₹ |
| Stock P/E | 60.6 | Book Value | 118 ₹ | Dividend Yield | 2.21 % | ROCE | 15.2 % |
| ROE | 15.6 % | Face Value | 5.00 ₹ | DMA 50 | 934 ₹ | DMA 200 | 1,094 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | -0.08 % | PAT Qtr | 18.7 Cr. | PAT Prev Qtr | 54.9 Cr. |
| RSI | 28.2 | MACD | -23.5 | Volume | 87,477 | Avg Vol 1Wk | 1,16,038 |
| Low price | 835 ₹ | High price | 1,384 ₹ | PEG Ratio | 1.78 | Debt to equity | 0.91 |
| 52w Index | 4.47 % | Qtr Profit Var | -64.2 % | EPS | 13.0 ₹ | Industry PE | 38.7 |
📊 Analysis: BATAINDIA shows weak intraday potential. Current price (₹860) is below both 50 DMA (₹934) and 200 DMA (₹1,094), indicating bearish bias. RSI at 28.2 suggests oversold conditions, which may trigger a short-term bounce but overall momentum remains weak. MACD (-23.5) is negative, confirming bearish divergence. Volume (87,477) is lower than average weekly volume (1,16,038), showing limited trader participation. Fundamentals are under pressure with sharp profit decline.
💹 Optimal Buy Price: ₹850 – ₹865 (near support zone).
🎯 Profit-Taking Levels: ₹880 – ₹900 (short-term resistance).
🛡️ Stop-Loss: ₹840 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹850 with weakening momentum or if RSI dips below 28 intraday. If volume strengthens with upward price action, partial profit booking near ₹890 is advisable.
Positive
- Dividend yield of 2.21% provides passive returns.
- ROE (15.6%) and ROCE (15.2%) indicate decent capital efficiency.
- EPS of ₹13.0 supports profitability despite recent weakness.
Limitation
- Stock trading below both 50 DMA and 200 DMA, showing bearish technical setup.
- High P/E (60.6) compared to industry average (38.7), making valuation expensive.
- Volume lower than average, reducing intraday momentum.
- Quarterly PAT dropped sharply (₹18.7 Cr vs ₹54.9 Cr).
Company Negative News
- FII holdings declined (-0.71%), showing reduced foreign investor confidence.
- DII holdings also declined (-0.08%), reflecting weaker domestic support.
- Quarterly profit variation (-64.2%) highlights earnings pressure.
Company Positive News
- Dividend yield remains attractive compared to peers.
- Strong brand presence supports long-term stability despite short-term weakness.
Industry
- Industry P/E at 38.7 indicates sector stability, though BATAINDIA trades at a premium.
- Consumer goods sector remains cyclical, offering volatility for intraday traders.
Conclusion
⚖️ BATAINDIA is a weak candidate for intraday trading today. Oversold RSI may trigger a short-term bounce, but weak technicals, declining profits, and reduced institutional support limit upside momentum. Best strategy is cautious entry near ₹860 with tight stop-loss and quick profit booking around ₹890.