BIKAJI - IntraDay Trade Analysis with Live Signals

Last Updated Time : 05 Nov 25, 7:43 am

IntraDay Trade Rating: 3.2

📉 Neutral-to-cautious setup with weak momentum indicators but improving volume and institutional interest.

💡 Optimal Buy Price: ₹728

🎯 Profit Target: ₹740 | Stop Loss: ₹720

⏱️ If already holding, consider exiting near ₹740 or if price dips below ₹720 with rising volume.

📈 Positive

• 📊 ROCE of 20.1% and ROE of 16.0% reflect strong operational efficiency
• 📉 Debt-to-equity ratio of 0.12 indicates a healthy balance sheet
• 📈 DII holding increased by 1.40%, showing strong domestic institutional confidence
• 📊 PAT improved from ₹48.4 Cr. to ₹63.2 Cr. (+5.97%)
• 📈 Volume (1.01L) is above 1-week average (86.9K), supporting intraday liquidity

⚠️ Limitation

• 📉 MACD at -5.62 signals bearish momentum
• 💤 RSI at 44.8 indicates weak buying interest
• 📉 Price is below both DMA 50 and DMA 200 (₹744 & ₹737)
• 📉 High P/E of 85.4 vs. Industry PE of 52.1 suggests overvaluation
• 📉 PEG ratio of 2.21 indicates poor growth relative to valuation

🚫 Company Negative News

• 📉 FII holding declined by 0.30%, indicating foreign investor caution

✅ Company Positive News

• 📈 DII accumulation and stable quarterly profit growth support long-term sentiment

🍿 Industry

• 🥨 Operates in the packaged foods and snacks sector
• 📊 Trades at a premium P/E of 85.4 vs. Industry PE of 52.1

🧾 Conclusion

• BIKAJI offers a moderate intraday opportunity with improving volume and institutional support
• Best suited for range-bound scalping with tight stop-loss
• Watch for RSI crossing 50 and MACD reversal for stronger entry signals

I can also compare BIKAJI’s setup with other FMCG stocks like HATSUN or PRINCEPIPE to refine your intraday strategy.