BEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | BEL | Market Cap | 3,20,936 Cr. | Current Price | 439 ₹ | High / Low | 462 ₹ |
| Stock P/E | 53.9 | Book Value | 29.1 ₹ | Dividend Yield | 0.55 % | ROCE | 39.4 % |
| ROE | 29.5 % | Face Value | 1.00 ₹ | DMA 50 | 415 ₹ | DMA 200 | 386 ₹ |
| Chg in FII Hold | 0.37 % | Chg in DII Hold | -0.41 % | PAT Qtr | 1,590 Cr. | PAT Prev Qtr | 1,286 Cr. |
| RSI | 59.1 | MACD | 9.16 | Volume | 1,37,67,212 | Avg Vol 1Wk | 4,69,40,909 |
| Low price | 240 ₹ | High price | 462 ₹ | PEG Ratio | 1.74 | Debt to equity | 0.00 |
| 52w Index | 89.8 % | Qtr Profit Var | 20.8 % | EPS | 8.14 ₹ | Industry PE | 63.1 |
📊 Analysis: BEL is trading at ₹439, close to its 52-week high of ₹462, showing strong momentum. The stock is above both its 50 DMA (₹415) and 200 DMA (₹386), confirming bullish trend support. RSI at 59.1 indicates healthy momentum without being overbought. MACD is positive (9.16), suggesting continued upward strength. Current volume (1,37,67,212) is lower than the weekly average (4,69,40,909), but still strong enough to support intraday moves.
💡 Optimal Buy Price: ₹435–438 on dips intraday.
🎯 Profit-Taking Levels: ₹450–455 (near resistance zone).
🛡️ Stop-Loss: ₹430 (below short-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹450–455 if momentum slows. If price breaks below ₹435 with rising volume, exit intraday to protect gains.
✅ Positive
- Strong ROCE (39.4%) and ROE (29.5%) highlight excellent efficiency.
- Debt-free balance sheet ensures financial stability.
- Quarterly profit growth (+20.8%) shows improving performance.
- Stock trading above both 50 DMA and 200 DMA confirms bullish trend.
⚠️ Limitation
- High P/E (53.9) compared to industry average (63.1) still indicates expensive valuation.
- Volume lower than weekly average, reducing intraday volatility.
- Near 52-week high, risk of profit booking pressure.
📉 Company Negative News
- DII holding decreased (−0.41%), showing reduced domestic institutional support.
📈 Company Positive News
- FII holding increased (+0.37%), reflecting foreign investor confidence.
- PAT improved from ₹1,286 Cr. to ₹1,590 Cr., showing strong earnings momentum.
🏭 Industry
- Defense sector trades at Industry PE of 63.1, slightly higher than BEL’s valuation.
- Sector growth supported by government defense spending and modernization programs.
🔎 Conclusion
BEL is a strong candidate for intraday trading today with bullish technicals, positive earnings momentum, and strong institutional interest. Traders can look for buy opportunities near ₹435–438 with profit targets around ₹450–455. Risk management is crucial as the stock is near its 52-week high, where profit booking may occur.