CGPOWER - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | CGPOWER | Market Cap | 1,05,510 Cr. | Current Price | 670 ₹ | High / Low | 798 ₹ |
| Stock P/E | 87.5 | Book Value | 48.7 ₹ | Dividend Yield | 0.19 % | ROCE | 35.8 % |
| ROE | 26.0 % | Face Value | 2.00 ₹ | DMA 50 | 633 ₹ | DMA 200 | 671 ₹ |
| Chg in FII Hold | -1.00 % | Chg in DII Hold | 1.26 % | PAT Qtr | 337 Cr. | PAT Prev Qtr | 307 Cr. |
| RSI | 64.6 | MACD | -2.28 | Volume | 55,61,148 | Avg Vol 1Wk | 84,47,560 |
| Low price | 518 ₹ | High price | 798 ₹ | PEG Ratio | 2.84 | Debt to equity | 0.01 |
| 52w Index | 54.4 % | Qtr Profit Var | 38.1 % | EPS | 7.60 ₹ | Industry PE | 40.7 |
📊 Analysis: CGPOWER is trading at ₹670, above its 50 DMA (₹633) and right at its 200 DMA (₹671), reflecting strong medium-term support. RSI at 64.6 indicates bullish momentum but nearing overbought territory. MACD at −2.28 shows mild weakness, but overall trend remains positive. Current volume (55,61,148) is lower than the weekly average (84,47,560), suggesting reduced intraday participation. The stock is well below its 52-week high of ₹798, leaving room for upside.
💡 Optimal Buy Price: ₹665–670 on dips intraday.
🎯 Profit-Taking Levels: ₹685–695 (short-term resistance).
🛡️ Stop-Loss: ₹655 (below near-term support).
⏱️ Exit Strategy if Already Holding: Consider booking profits near ₹685–695 if momentum slows. If price breaks below ₹665 with rising volume, exit intraday to protect gains.
✅ Positive
- Strong ROCE (35.8%) and ROE (26.0%) highlight excellent capital efficiency.
- Stock trading above 50 DMA and near 200 DMA confirms bullish undertone.
- DII holding increased (+1.26%), reflecting strong domestic institutional support.
- Quarterly PAT improved from ₹307 Cr. to ₹337 Cr. (+38.1%).
- Debt-to-equity ratio of 0.01 shows virtually debt-free balance sheet.
⚠️ Limitation
- High P/E (87.5) compared to industry average (40.7), making valuation expensive.
- MACD slightly negative, indicating short-term weakness.
- Volume lower than weekly average, reducing intraday volatility.
- PEG ratio of 2.84 suggests growth is priced at a premium.
📉 Company Negative News
- FII holding decreased (−1.00%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased (+1.26%), reflecting strong domestic support.
- Quarterly PAT growth (+38.1%) signals operational improvement.
🏭 Industry
- Power & engineering sector trades at Industry PE of 40.7, much lower than CGPOWER’s valuation.
- Sector growth supported by infrastructure expansion and energy demand.
🔎 Conclusion
CGPOWER is a good candidate for intraday trading today with bullish technicals, strong fundamentals, and institutional support. Traders can look for buy opportunities near ₹665–670 with profit targets around ₹685–695. Caution is advised as valuations remain high and RSI indicates potential overbought conditions, increasing the risk of profit booking.