BLS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | BLS | Market Cap | 11,887 Cr. | Current Price | 289 ₹ | High / Low | 458 ₹ |
| Stock P/E | 1,585 | Book Value | 1.83 ₹ | Dividend Yield | 0.35 % | ROCE | 19.0 % |
| ROE | 22.0 % | Face Value | 1.00 ₹ | DMA 50 | 299 ₹ | DMA 200 | 338 ₹ |
| Chg in FII Hold | -0.45 % | Chg in DII Hold | 0.02 % | PAT Qtr | 4.90 Cr. | PAT Prev Qtr | 0.75 Cr. |
| RSI | 51.6 | MACD | -12.8 | Volume | 3,75,82,720 | Avg Vol 1Wk | 84,26,532 |
| Low price | 246 ₹ | High price | 458 ₹ | PEG Ratio | 154 | Debt to equity | 0.09 |
| 52w Index | 20.4 % | Qtr Profit Var | -73.8 % | EPS | 0.18 ₹ | Industry PE | 41.4 |
📊 Analysis: BLS shows weak-to-moderate intraday potential. Current price (₹289) is below both 50 DMA (₹299) and 200 DMA (₹338), indicating bearish bias. RSI at 51.6 suggests neutral momentum, while MACD (-12.8) reflects weak trend strength. Volume (3,75,82,720) is significantly higher than average weekly volume (84,26,532), showing strong trader participation, but valuation metrics remain stretched.
💹 Optimal Buy Price: ₹285 – ₹292 (near support zone).
🎯 Profit-Taking Levels: ₹305 – ₹315 (short-term resistance).
🛡️ Stop-Loss: ₹278 (below intraday support).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹285 with weakening momentum or if RSI dips below 50 intraday. If volume continues to rise with upward price action, partial profit booking near ₹310 is advisable.
Positive
- Strong ROCE (19.0%) and ROE (22.0%) indicate efficient capital use.
- Debt-to-equity ratio of 0.09 ensures financial stability.
- Quarterly PAT improved (₹4.90 Cr vs ₹0.75 Cr), showing operational recovery.
- High trading volume signals strong intraday interest.
Limitation
- Extremely high P/E (1,585) compared to industry average (41.4), making valuation unsustainable.
- Book value very low (₹1.83), limiting intrinsic strength.
- PEG ratio (154) indicates severe overvaluation relative to growth.
- Quarterly profit variation (-73.8%) reflects earnings instability.
Company Negative News
- FII holdings declined (-0.45%), showing reduced foreign investor confidence.
- High volatility due to weak fundamentals and stretched valuations.
Company Positive News
- DII holdings increased slightly (+0.02%), showing marginal domestic support.
- Quarterly PAT recovery from previous low strengthens sentiment.
Industry
- Industry P/E at 41.4 indicates sector stability, though BLS trades at an extreme premium.
- Sector volatility provides opportunities for intraday traders, but risk remains high.
Conclusion
⚖️ BLS is a high-risk candidate for intraday trading today. Fundamentals remain weak with extreme valuation concerns, but strong volume offers short-term opportunities. Best strategy is cautious entry near ₹289 with tight stop-loss and quick profit booking around ₹310.