BLUESTARCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | BLUESTARCO | Market Cap | 38,749 Cr. | Current Price | 1,883 ₹ | High / Low | 2,270 ₹ |
| Stock P/E | 94.0 | Book Value | 139 ₹ | Dividend Yield | 0.48 % | ROCE | 22.8 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 1,788 ₹ | DMA 200 | 1,810 ₹ |
| Chg in FII Hold | -1.39 % | Chg in DII Hold | 1.44 % | PAT Qtr | 76.4 Cr. | PAT Prev Qtr | 69.9 Cr. |
| RSI | 62.8 | MACD | 10.2 | Volume | 9,69,023 | Avg Vol 1Wk | 7,14,427 |
| Low price | 1,521 ₹ | High price | 2,270 ₹ | PEG Ratio | 1.65 | Debt to equity | 0.41 |
| 52w Index | 48.3 % | Qtr Profit Var | -21.1 % | EPS | 18.4 ₹ | Industry PE | 49.8 |
📊 Analysis: BLUESTARCO is trading at ₹1,883, above both its 50 DMA (₹1,788) and 200 DMA (₹1,810), showing bullish undertone. RSI at 62.8 indicates strong momentum but nearing overbought territory. MACD at 10.2 confirms positive momentum. Current volume (9,69,023) is higher than the weekly average (7,14,427), suggesting strong intraday participation. The stock is well below its 52-week high of ₹2,270, leaving room for upside but with valuation concerns due to high P/E.
💡 Optimal Buy Price: ₹1,870–1,880 on dips intraday.
🎯 Profit-Taking Levels: ₹1,910–1,930 (short-term resistance).
🛡️ Stop-Loss: ₹1,850 (below near-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹1,910–1,930 if momentum slows. If price breaks below ₹1,870 with rising volume, exit intraday to protect gains.
✅ Positive
- Strong ROCE (22.8%) and ROE (18.2%) highlight efficient capital use.
- Stock trading above both 50 DMA and 200 DMA confirms bullish trend.
- DII holding increased (+1.44%), showing domestic institutional support.
- EPS of ₹18.4 supports earnings quality.
⚠️ Limitation
- High P/E (94.0) compared to industry average (49.8), making valuation expensive.
- RSI near 63 indicates risk of overbought conditions and profit booking.
- Debt-to-equity ratio of 0.41 shows moderate leverage.
📉 Company Negative News
- Quarterly profit variation shows decline (−21.1%), indicating margin pressure.
- FII holding decreased (−1.39%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased (+1.44%), reflecting strong domestic support.
- PAT improved from ₹69.9 Cr. to ₹76.4 Cr., showing sequential growth.
🏭 Industry
- Consumer durables sector trades at Industry PE of 49.8, lower than BLUESTARCO’s valuation.
- Sector growth supported by rising demand for cooling and air-conditioning solutions.
🔎 Conclusion
BLUESTARCO is a moderately strong candidate for intraday trading today with bullish technicals and strong volume. Traders can look for buy opportunities near ₹1,870–1,880 with profit targets around ₹1,910–1,930. However, caution is advised due to high valuation and RSI nearing overbought territory, which increases the risk of profit booking.