BIKAJI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | BIKAJI | Market Cap | 16,496 Cr. | Current Price | 657 ₹ | High / Low | 821 ₹ |
| Stock P/E | 63.2 | Book Value | 61.4 ₹ | Dividend Yield | 0.15 % | ROCE | 20.1 % |
| ROE | 16.0 % | Face Value | 1.00 ₹ | DMA 50 | 701 ₹ | DMA 200 | 723 ₹ |
| Chg in FII Hold | -1.42 % | Chg in DII Hold | 1.85 % | PAT Qtr | 64.7 Cr. | PAT Prev Qtr | 84.5 Cr. |
| RSI | 35.6 | MACD | -17.3 | Volume | 50,443 | Avg Vol 1Wk | 1,79,706 |
| Low price | 520 ₹ | High price | 821 ₹ | PEG Ratio | 1.64 | Debt to equity | 0.16 |
| 52w Index | 45.5 % | Qtr Profit Var | 110 % | EPS | 10.1 ₹ | Industry PE | 52.9 |
📊 Analysis: BIKAJI is trading at ₹657, below its 50 DMA (₹701) and 200 DMA (₹723), reflecting bearish sentiment. RSI at 35.6 indicates oversold conditions but lacks a strong reversal signal. MACD at −17.3 confirms weak momentum. Current volume (50,443) is far below the weekly average (1,79,706), suggesting limited intraday participation. The stock is well below its 52-week high of ₹821, leaving room for recovery but with weak short-term momentum.
💡 Optimal Buy Price: ₹645–650 if support holds intraday.
🎯 Profit-Taking Levels: ₹670–675 (short-term resistance).
🛡️ Stop-Loss: ₹640 (below near-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹670–675 if momentum slows. If price breaks below ₹645 with rising volume, exit intraday to protect capital.
✅ Positive
- Strong ROCE (20.1%) and ROE (16.0%) highlight efficient capital use.
- Quarterly profit growth (+110%) shows strong operational performance.
- DII holding increased (+1.85%), reflecting domestic institutional support.
- PEG ratio of 1.64 indicates reasonable growth relative to valuation.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA, showing short-term weakness.
- MACD negative, confirming bearish momentum.
- Volume far below weekly average, reducing intraday trading opportunities.
- High P/E (63.2) compared to industry average (52.9), making valuation expensive.
📉 Company Negative News
- Quarterly PAT declined from ₹84.5 Cr. to ₹64.7 Cr.
- FII holding decreased (−1.42%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased (+1.85%), showing strong domestic support.
- EPS of ₹10.1 supports earnings quality.
🏭 Industry
- Packaged foods sector trades at Industry PE of 52.9, lower than BIKAJI’s valuation.
- Sector growth supported by rising demand for branded snacks and FMCG expansion.
🔎 Conclusion
BIKAJI is a weak candidate for intraday trading today due to bearish technicals, low volume, and expensive valuation. Conservative traders may attempt small trades near ₹645–650 with tight stop-losses, but risk remains elevated. Better suited for medium-term positional trades rather than intraday scalping.