CASTROLIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | CASTROLIND | Market Cap | 18,516 Cr. | Current Price | 187 ₹ | High / Low | 252 ₹ |
| Stock P/E | 19.2 | Book Value | 19.2 ₹ | Dividend Yield | 4.54 % | ROCE | 60.8 % |
| ROE | 46.3 % | Face Value | 5.00 ₹ | DMA 50 | 188 ₹ | DMA 200 | 198 ₹ |
| Chg in FII Hold | -0.59 % | Chg in DII Hold | -0.37 % | PAT Qtr | 261 Cr. | PAT Prev Qtr | 228 Cr. |
| RSI | 53.3 | MACD | -0.90 | Volume | 67,53,695 | Avg Vol 1Wk | 24,48,451 |
| Low price | 181 ₹ | High price | 252 ₹ | PEG Ratio | 3.17 | Debt to equity | 0.03 |
| 52w Index | 9.31 % | Qtr Profit Var | -3.87 % | EPS | 9.60 ₹ | Industry PE | 14.5 |
📊 Analysis: CASTROLIND shows moderate strength for intraday trading. RSI at 53.3 indicates neutral momentum, while MACD at -0.90 suggests mild bearishness. Current price (187 ₹) is near the 50 DMA (188 ₹) but below the 200 DMA (198 ₹), reflecting short-term resistance. Strong intraday volume (67.5 lakh) compared to weekly average (24.4 lakh) supports active trading opportunities.
💰 Optimal Buy Price: Around 185–187 ₹ (near current levels with support from 181 ₹).
📈 Profit-Taking Exit Levels: 192–196 ₹ (short-term resistance zone).
📉 Stop-Loss / Loss Protection: 182 ₹ (below intraday support).
⏱️ If Already Holding: Consider exiting if price fails to sustain above 187 ₹ or if MACD weakens further. If momentum improves with volume support, ride till 192–196 ₹ before booking profits.
Positive
- Strong ROCE at 60.8% and ROE at 46.3% indicate excellent efficiency.
- Dividend yield of 4.54% adds investor appeal.
- Debt-to-equity ratio at 0.03 shows near debt-free balance sheet.
- EPS of 9.60 ₹ supports valuation strength.
- Intraday volume significantly higher than weekly average, indicating strong participation.
Limitation
- Price trading below 200 DMA (198 ₹) indicates medium-term weakness.
- MACD negative (-0.90) signals short-term bearishness.
- PEG ratio at 3.17 suggests overvaluation relative to growth.
- Quarterly profit variation (-3.87%) shows slight decline in earnings momentum.
- 52-week index at 9.31% indicates stock is far below its peak levels.
Company Negative News
- No major negative news reported, but declining institutional holdings (FII -0.59%, DII -0.37%) show reduced confidence.
Company Positive News
- Quarterly PAT at 261 Cr. remains strong despite slight decline.
- Dividend payout continues to attract long-term investors.
Industry
- Industry PE at 14.5 vs stock PE at 19.2 suggests premium valuation.
- Lubricants sector remains supported by industrial and automotive demand.
Conclusion
⚡ CASTROLIND is a moderately strong candidate for intraday trading today. Buy near 185–187 ₹ with profit targets at 192–196 ₹ and stop-loss at 182 ₹. If already holding, monitor MACD and price action closely and exit near resistance levels. Strong fundamentals and dividend yield support the stock, but medium-term weakness and reduced institutional interest limit upside potential.