BHEL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | BHEL | Market Cap | 94,851 Cr. | Current Price | 273 ₹ | High / Low | 306 ₹ |
| Stock P/E | 119 | Book Value | 71.2 ₹ | Dividend Yield | 0.18 % | ROCE | 4.75 % |
| ROE | 2.00 % | Face Value | 2.00 ₹ | DMA 50 | 268 ₹ | DMA 200 | 254 ₹ |
| Chg in FII Hold | 0.05 % | Chg in DII Hold | 1.08 % | PAT Qtr | 382 Cr. | PAT Prev Qtr | 368 Cr. |
| RSI | 54.4 | MACD | -3.84 | Volume | 89,26,852 | Avg Vol 1Wk | 94,60,951 |
| Low price | 176 ₹ | High price | 306 ₹ | PEG Ratio | 16.5 | Debt to equity | 0.44 |
| 52w Index | 74.3 % | Qtr Profit Var | 207 % | EPS | 2.30 ₹ | Industry PE | 40.7 |
📊 Analysis: BHEL is trading at ₹273, slightly above its 50 DMA (₹268) and 200 DMA (₹254), showing moderate bullish support. RSI at 54.4 indicates neutral momentum, while MACD at −3.84 suggests mild bearish divergence. Current volume (89,26,852) is close to the weekly average (94,60,951), showing steady participation. The stock is well below its 52-week high of ₹306, leaving room for upside but also risk of resistance near that level.
💡 Optimal Buy Price: ₹270–272 on dips intraday.
🎯 Profit-Taking Levels: ₹280–285 (short-term resistance zone).
🛡️ Stop-Loss: ₹265 (below near-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹280–285 if momentum slows. If price breaks below ₹270 with rising volume, exit intraday to protect capital.
✅ Positive
- Strong quarterly profit growth (+207%) from ₹368 Cr. to ₹382 Cr.
- DII holding increased (+1.08%), showing domestic institutional confidence.
- Stock trading above both 50 DMA and 200 DMA supports bullish undertone.
- 52-week index gain of 74.3% highlights strong long-term performance.
⚠️ Limitation
- Extremely high P/E (119) compared to industry average (40.7), making valuation expensive.
- Weak ROCE (4.75%) and ROE (2.00%) reflect poor capital efficiency.
- MACD negative, indicating short-term weakness in momentum.
- Debt-to-equity ratio of 0.44 shows moderate leverage.
📉 Company Negative News
- Low EPS of ₹2.30 despite large market cap.
- Dividend yield at only 0.18%, offering limited shareholder returns.
📈 Company Positive News
- Quarterly profit growth (+207%) signals operational improvement.
- FII holding increased slightly (+0.05%), showing foreign investor interest.
🏭 Industry
- Capital goods sector trades at Industry PE of 40.7, much lower than BHEL’s valuation.
- Sector growth supported by infrastructure and power projects in India.
🔎 Conclusion
BHEL is a moderate candidate for intraday trading today. While fundamentals show improvement in profits and institutional support, high valuation and weak efficiency metrics limit upside. Traders can look for buy opportunities near ₹270–272 with profit targets around ₹280–285, but should maintain strict stop-loss discipline due to mixed technical signals.