CANFINHOME - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.2
| Stock Code | CANFINHOME | Market Cap | 12,550 Cr. | Current Price | 940 ₹ | High / Low | 972 ₹ |
| Stock P/E | 12.9 | Book Value | 410 ₹ | Dividend Yield | 1.28 % | ROCE | 9.34 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 904 ₹ | DMA 200 | 835 ₹ |
| Chg in FII Hold | 0.72 % | Chg in DII Hold | 0.82 % | PAT Qtr | 265 Cr. | PAT Prev Qtr | 251 Cr. |
| RSI | 56.2 | MACD | 2.10 | Volume | 1,42,653 | Avg Vol 1Wk | 3,05,482 |
| Low price | 558 ₹ | High price | 972 ₹ | PEG Ratio | 0.58 | Debt to equity | 6.61 |
| 52w Index | 92.4 % | Qtr Profit Var | 24.8 % | EPS | 73.2 ₹ | Industry PE | 16.4 |
📊 Analysis: CANFINHOME shows moderate strength for intraday trading. The RSI at 56.2 indicates neutral momentum, while MACD at 2.10 suggests mild bullishness. Current price (940 ₹) is above both 50 DMA (904 ₹) and 200 DMA (835 ₹), showing short-term strength. However, intraday volume is lower than the weekly average, which may limit sharp moves.
💰 Optimal Buy Price: Around 935–940 ₹ (near current levels, with support from 50 DMA).
📈 Profit-Taking Exit Levels: 955–965 ₹ (close to recent high, resistance zone).
📉 Stop-Loss / Loss Protection: 928 ₹ (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above 940 ₹ with weakening momentum or if volume drops further. If momentum strengthens, ride till 955–965 ₹ before booking profits.
Positive
- Strong EPS of 73.2 ₹ and PEG ratio of 0.58 indicates undervaluation.
- ROE at 18.2% reflects efficient capital usage.
- Quarterly PAT growth (265 Cr. vs 251 Cr.) shows improving profitability.
- Price trading above both 50 DMA and 200 DMA signals bullish trend.
Limitation
- Debt-to-equity ratio at 6.61 is high, raising leverage concerns.
- Intraday volume (1,42,653) is lower than weekly average (3,05,482), limiting momentum.
- ROCE at 9.34% is relatively weak compared to peers.
Company Negative News
- No major negative news reported recently, but high debt levels remain a structural risk.
Company Positive News
- Consistent quarterly profit growth and increased institutional holdings (FII +0.72%, DII +0.82%).
Industry
- Industry PE at 16.4 vs stock PE at 12.9 indicates undervaluation.
- Housing finance sector remains supported by strong demand and government incentives.
Conclusion
⚡ CANFINHOME is a moderately strong candidate for intraday trading today. Buy near 935–940 ₹ with profit targets at 955–965 ₹ and stop-loss at 928 ₹. If already holding, monitor momentum and exit near resistance levels. While fundamentals are strong, high leverage and weak ROCE are limitations to watch.