CANFINHOME - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | CANFINHOME | Market Cap | 11,005 Cr. | Current Price | 827 ₹ | High / Low | 972 ₹ |
| Stock P/E | 11.3 | Book Value | 410 ₹ | Dividend Yield | 1.45 % | ROCE | 9.34 % |
| ROE | 18.2 % | Face Value | 2.00 ₹ | DMA 50 | 874 ₹ | DMA 200 | 844 ₹ |
| Chg in FII Hold | 0.72 % | Chg in DII Hold | 0.82 % | PAT Qtr | 265 Cr. | PAT Prev Qtr | 251 Cr. |
| RSI | 42.6 | MACD | -16.7 | Volume | 1,21,101 | Avg Vol 1Wk | 2,51,536 |
| Low price | 615 ₹ | High price | 972 ₹ | PEG Ratio | 0.51 | Debt to equity | 6.61 |
| 52w Index | 59.5 % | Qtr Profit Var | 24.8 % | EPS | 73.2 ₹ | Industry PE | 13.8 |
📊 Analysis: CANFINHOME shows limited intraday potential today. The current price (827 ₹) is trading below both DMA 50 (874 ₹) and DMA 200 (844 ₹), reflecting short-term weakness. RSI at 42.6 indicates neutral momentum, while MACD (-16.7) suggests bearish sentiment. Volume (1,21,101) is significantly below the weekly average (2,51,536), reducing intraday trading strength.
💰 Optimal Buy Price: 820–825 ₹ if price stabilizes with improving volume.
📈 Profit Exit Levels: 840–845 ₹ (near DMA 200 resistance), 860 ₹ (short-term resistance).
📉 Stop-Loss: 810 ₹ to limit downside risk.
⏱️ If Already Holding: Consider exiting intraday if price fails to hold above 835 ₹ or if volume remains weak. Profit booking near 840–860 ₹ is advisable, while a break below 810 ₹ should trigger a stop-loss exit.
Positive
- EPS of 73.2 ₹ and PEG ratio of 0.51 indicate undervaluation.
- ROE at 18.2% shows strong shareholder returns.
- Quarterly PAT growth (265 Cr vs 251 Cr) highlights improving profitability.
- Increase in FII (+0.72%) and DII (+0.82%) holdings reflects institutional confidence.
Limitation
- High debt-to-equity ratio of 6.61 raises leverage concerns.
- ROCE at 9.34% is relatively weak compared to peers.
- Price trading below DMA levels signals bearish sentiment.
Company Negative News
- No major negative news reported, but high leverage remains a structural risk.
Company Positive News
- Consistent profit growth and improved institutional participation.
- Dividend yield of 1.45% adds investor appeal.
Industry
- Industry PE at 13.8 vs stock PE of 11.3 suggests undervaluation.
- Housing finance sector supported by government initiatives and demand recovery.
Conclusion
⚖️ CANFINHOME is a cautious intraday candidate with limited upside due to weak momentum and low volume. Traders may attempt entries near 820–825 ₹ with exits around 840–860 ₹, but strict stop-loss discipline at 810 ₹ is essential given bearish indicators.