BATAINDIA - IntraDay Trade Analysis with Live Signals
Back to ListHere’s the intraday trading report for BATAINDIA based on the given parameters
IntraDay Trade Rating: 3.3
| Stock Code | BATAINDIA | Market Cap | 10,156 Cr. | Current Price | 790 ₹ | High / Low | 1,288 ₹ |
| Stock P/E | 61.5 | Book Value | 123 ₹ | Dividend Yield | 1.14 % | ROCE | 12.2 % |
| ROE | 10.5 % | Face Value | 5.00 ₹ | DMA 50 | 703 ₹ | DMA 200 | 871 ₹ |
| Chg in FII Hold | 0.25 % | Chg in DII Hold | -0.92 % | PAT Qtr | 18.9 Cr. | PAT Prev Qtr | 71.9 Cr. |
| RSI | 76.6 | MACD | 1.86 | Volume | 1,28,93,680 | Avg Vol 1Wk | 27,08,722 |
| Low price | 605 ₹ | High price | 1,288 ₹ | PEG Ratio | -3.09 | Debt to equity | 0.87 |
| 52w Index | 27.1 % | Qtr Profit Var | -56.6 % | EPS | 10.4 ₹ | Industry PE | 43.7 |
📊 Analysis: BATAINDIA is trading above its 50 DMA (₹703) but below its 200 DMA (₹871), showing short-term strength but medium-term weakness. RSI at 76.6 indicates overbought conditions, while MACD at 1.86 reflects mild bullish divergence. Intraday volume (1.28 Cr.) is significantly higher than the weekly average (27 Lakh), suggesting strong participation. Fundamentals remain modest with EPS of ₹10.4 and dividend yield of 1.14%, but quarterly PAT declined sharply (-56.6%). Valuations are stretched with P/E at 61.5 compared to industry PE of 43.7.
💹 Optimal Buy Price: ₹780 – ₹795 (near support zone)
🎯 Profit Exit Levels: ₹810 – ₹830 (short-term resistance zone)
🛑 Stop-Loss: ₹770 (below immediate support)
⏳ Exit Strategy if Holding: Exit intraday if RSI falls below 74 with rising sell volume or if price breaks under ₹770 with strong bearish candles. On the upside, partial profit booking is advised near ₹810–₹830 if momentum stalls.
✅ Positive
- Trading above 50 DMA, showing short-term strength.
- Dividend yield at 1.14% provides shareholder returns.
- FII holdings increased (+0.25%), reflecting foreign investor confidence.
- Strong intraday volume (1.28 Cr.) indicates active participation.
⚠️ Limitation
- High P/E (61.5) compared to industry average (43.7).
- PEG ratio (-3.09) suggests poor valuation relative to growth.
- ROCE (12.2%) and ROE (10.5%) remain modest.
- RSI at 76.6 signals overbought conditions, risk of profit booking.
📉 Company Negative News
- Quarterly PAT declined from ₹71.9 Cr. to ₹18.9 Cr. (-56.6%).
- DII holdings decreased (-0.92%), showing reduced domestic support.
📈 Company Positive News
- FII inflows (+0.25%) indicate foreign investor confidence.
- Dividend yield at 1.14% adds investor value.
🏭 Industry
- Footwear and retail sector trading at industry PE of 43.7, lower than BATAINDIA’s valuation.
- Sector outlook remains steady but profitability challenges weigh on sentiment.
🔎 Conclusion
BATAINDIA is a cautious intraday candidate today. Entry near ₹780–₹795 offers upside potential toward ₹810–₹830. Strong volume and FII inflows support momentum trades, but overbought RSI, stretched valuations, and declining profits require strict stop-loss discipline.
Would you like me to extend this into a peer benchmarking overlay comparing BATAINDIA with Relaxo, Metro Shoes, and Campus Activewear for sharper sector clarity?