BLUESTARCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | BLUESTARCO | Market Cap | 35,662 Cr. | Current Price | 1,734 ₹ | High / Low | 2,270 ₹ |
| Stock P/E | 86.5 | Book Value | 139 ₹ | Dividend Yield | 0.52 % | ROCE | 22.8 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 1,869 ₹ | DMA 200 | 1,838 ₹ |
| Chg in FII Hold | -1.39 % | Chg in DII Hold | 1.44 % | PAT Qtr | 76.4 Cr. | PAT Prev Qtr | 69.9 Cr. |
| RSI | 35.0 | MACD | -24.6 | Volume | 4,99,794 | Avg Vol 1Wk | 5,73,128 |
| Low price | 1,521 ₹ | High price | 2,270 ₹ | PEG Ratio | 1.52 | Debt to equity | 0.41 |
| 52w Index | 28.4 % | Qtr Profit Var | -21.1 % | EPS | 18.4 ₹ | Industry PE | 44.2 |
📊 Analysis: BLUESTARCO is trading at ₹1,734, below both its 50 DMA (₹1,869) and 200 DMA (₹1,838), reflecting bearish sentiment. RSI at 35.0 indicates weak momentum, while MACD at -24.6 confirms negative bias. Current volume (4,99,794) is lower than the 1-week average (5,73,128), showing reduced intraday participation. Fundamentals remain strong with solid ROCE and ROE, but high valuation and profit decline limit intraday upside potential.
💰 Optimal Buy Price: ₹1,715–1,725 (near support zone)
📈 Profit-Taking Levels: ₹1,760–1,780 (short-term resistance)
📉 Stop-Loss: ₹1,700 (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above ₹1,750 or if momentum indicators remain weak. A bounce toward ₹1,760–1,780 can be used for profit booking, while a breakdown below ₹1,715 should trigger exit to protect capital.
✅ Positive
- Strong ROCE (22.8%) and ROE (18.2%) highlight efficiency.
- DII holding increased (+1.44%), showing domestic institutional support.
- Quarterly PAT growth from ₹69.9 Cr. to ₹76.4 Cr. indicates earnings improvement.
- PEG ratio of 1.52 suggests reasonable valuation relative to growth.
⚠️ Limitation
- High P/E ratio (86.5) compared to industry average (44.2).
- Stock trading below both 50 DMA and 200 DMA, confirming bearish trend.
- Volume lower than weekly average, limiting intraday momentum.
📉 Company Negative News
- FII holding decreased (-1.39%), showing reduced foreign investor confidence.
- Quarterly profit variation shows -21.1%, reflecting earnings pressure.
📈 Company Positive News
- DII holding increased (+1.44%), reflecting domestic institutional confidence.
- EPS of ₹18.4 supports earnings stability despite profit decline.
🏭 Industry
- Consumer durables and cooling solutions sector benefits from rising demand in housing and infrastructure.
- Industry P/E at 44.2 shows sector is moderately valued compared to BLUESTARCO’s higher P/E (86.5).
🔎 Conclusion
BLUESTARCO has strong fundamentals and institutional support, but weak technicals and declining profits make intraday trading moderately risky. Suitable for cautious trades near support zones with strict stop-loss discipline. Momentum indicators suggest limited upside unless volume improves significantly.