CASTROLIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | CASTROLIND | Market Cap | 18,448 Cr. | Current Price | 187 ₹ | High / Low | 232 ₹ |
| Stock P/E | 19.2 | Book Value | 19.2 ₹ | Dividend Yield | 4.69 % | ROCE | 60.3 % |
| ROE | 45.9 % | Face Value | 5.00 ₹ | DMA 50 | 187 ₹ | DMA 200 | 195 ₹ |
| Chg in FII Hold | -0.59 % | Chg in DII Hold | -0.37 % | PAT Qtr | 261 Cr. | PAT Prev Qtr | 228 Cr. |
| RSI | 51.4 | MACD | -0.03 | Volume | 30,08,954 | Avg Vol 1Wk | 23,63,513 |
| Low price | 181 ₹ | High price | 232 ₹ | PEG Ratio | 3.35 | Debt to equity | 0.03 |
| 52w Index | 11.9 % | Qtr Profit Var | -3.87 % | EPS | 9.60 ₹ | Industry PE | 12.2 |
📊 Analysis: CASTROLIND shows moderate intraday potential today. Current price (187 ₹) is exactly at DMA 50 and slightly below DMA 200 (195 ₹), indicating a neutral to mildly bearish trend. RSI at 51.4 suggests balanced momentum, while MACD (-0.03) shows flat momentum with no strong directional bias. Volume (30.08 Lakh) is higher than the weekly average (23.63 Lakh), reflecting strong intraday participation, which supports trading opportunities.
💰 Optimal Buy Price: 185–187 ₹ if price consolidates near support.
📈 Profit Exit Levels: 192 ₹ (short-term resistance), 195 ₹ (DMA 200 resistance).
📉 Stop-Loss: 182 ₹ to limit downside risk.
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 187 ₹ or if momentum weakens. Profit booking near 192–195 ₹ is advisable, while a break below 182 ₹ should trigger a stop-loss exit.
Positive
- Strong ROCE of 60.3% and ROE of 45.9% indicate excellent capital efficiency.
- Dividend yield of 4.69% adds investor appeal.
- Quarterly PAT growth (261 Cr vs 228 Cr) reflects profitability improvement.
- Debt-to-equity ratio of 0.03 shows minimal leverage risk.
Limitation
- Stock P/E of 19.2 is higher than industry PE (12.2), suggesting overvaluation.
- PEG ratio of 3.35 indicates weak growth-adjusted valuation.
- Decline in institutional holdings (FII -0.59%, DII -0.37%) shows reduced confidence.
- Quarterly profit variation (-3.87%) highlights earnings volatility.
Company Negative News
- No major negative news reported, but reduced institutional holdings and earnings volatility weigh on sentiment.
Company Positive News
- Strong dividend yield and excellent return ratios.
- Recent quarterly profit growth supports investor confidence.
Industry
- Industry PE at 12.2 vs stock PE of 19.2 suggests premium valuation.
- Lubricants sector remains stable with consistent demand, though competition and crude price fluctuations can impact margins.
Conclusion
⚖️ CASTROLIND is a moderately attractive intraday candidate with strong volume support but limited upside due to resistance near DMA 200. Traders may attempt entries around 185–187 ₹ with exits near 192–195 ₹, while maintaining a strict stop-loss at 182 ₹ to manage risk.