BATAINDIA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | BATAINDIA | Market Cap | 8,331 Cr. | Current Price | 648 ₹ | High / Low | 1,301 ₹ |
| Stock P/E | 44.0 | Book Value | 118 ₹ | Dividend Yield | 2.93 % | ROCE | 15.2 % |
| ROE | 15.6 % | Face Value | 5.00 ₹ | DMA 50 | 812 ₹ | DMA 200 | 1,012 ₹ |
| Chg in FII Hold | -0.71 % | Chg in DII Hold | -0.08 % | PAT Qtr | 71.9 Cr. | PAT Prev Qtr | 18.7 Cr. |
| RSI | 14.0 | MACD | -48.6 | Volume | 2,67,488 | Avg Vol 1Wk | 3,15,268 |
| Low price | 642 ₹ | High price | 1,301 ₹ | PEG Ratio | 1.30 | Debt to equity | 0.91 |
| 52w Index | 0.98 % | Qtr Profit Var | 9.87 % | EPS | 13.6 ₹ | Industry PE | 33.7 |
📊 Analysis: BATAINDIA trades at ₹648, well below both 50 DMA (₹812) and 200 DMA (₹1,012), showing weak momentum. RSI at 14.0 indicates extreme oversold conditions, but MACD (-48.6) remains strongly negative, confirming bearish sentiment. Intraday volume (2,67,488) is lower than the weekly average (3,15,268), suggesting reduced trader participation. The stock is not a strong intraday candidate today, though oversold levels may trigger short-term recovery trades.
💡 Optimal Buy Price: ₹645–₹650 if price stabilizes with volume support.
🎯 Profit Exit Levels: ₹670 (near-term resistance), ₹690 (upper resistance zone).
🛡️ Stop-Loss: ₹635 to protect against downside risk.
⏱️ If Already Holding: Consider exiting near ₹670–₹690 if momentum fails to strengthen. If price breaks below ₹635 with volume, exit immediately to avoid deeper losses.
Positive
- Quarterly PAT improved to ₹71.9 Cr. from ₹18.7 Cr., showing strong earnings recovery.
- Dividend yield of 2.93% provides attractive shareholder return.
- EPS of ₹13.6 supports valuation strength.
- ROCE (15.2%) and ROE (15.6%) indicate decent capital efficiency.
Limitation
- Stock trading far below both 50 DMA and 200 DMA, showing weak momentum.
- RSI at 14.0 indicates extreme oversold conditions but no reversal signal yet.
- High P/E ratio (44.0) compared to industry PE (33.7), showing stretched valuation.
- Debt-to-equity ratio (0.91) adds moderate leverage risk.
Company Negative News
- FII holdings decreased (-0.71%) and DII holdings decreased (-0.08%), showing reduced institutional support.
- Stock has corrected sharply from its 52-week high of ₹1,301 to ₹648.
Company Positive News
- Quarterly profit growth (+9.87%) highlights operational improvement.
- Dividend yield provides consistent shareholder return.
- Book value of ₹118 highlights asset backing.
Industry
- Footwear and retail sector remains cyclical, tied to consumer demand trends.
- Industry PE at 33.7 is lower than BATAINDIA’s PE (44.0), showing premium valuation.
Conclusion
⚠️ BATAINDIA is not a strong intraday candidate today due to weak momentum, extreme oversold RSI, and bearish MACD. Traders should only consider entry if price stabilizes near ₹645–₹650 with volume confirmation. Profit targets lie around ₹670–₹690, but risk of downside remains high. Long-term investors may still find value in its dividend yield and earnings recovery, but intraday traders should remain cautious.