CRAFTSMAN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | CRAFTSMAN | Market Cap | 18,705 Cr. | Current Price | 7,845 ₹ | High / Low | 8,220 ₹ |
| Stock P/E | 108 | Book Value | 1,206 ₹ | Dividend Yield | 0.06 % | ROCE | 8.11 % |
| ROE | 4.31 % | Face Value | 5.00 ₹ | DMA 50 | 7,361 ₹ | DMA 200 | 6,581 ₹ |
| Chg in FII Hold | 0.58 % | Chg in DII Hold | 0.88 % | PAT Qtr | 58.4 Cr. | PAT Prev Qtr | 47.2 Cr. |
| RSI | 57.9 | MACD | 61.1 | Volume | 67,603 | Avg Vol 1Wk | 68,666 |
| Low price | 3,700 ₹ | High price | 8,220 ₹ | PEG Ratio | -6.65 | Debt to equity | 0.96 |
| 52w Index | 91.7 % | Qtr Profit Var | 1,005 % | EPS | 71.6 ₹ | Industry PE | 28.7 |
📊 Analysis: CRAFTSMAN is trading at 7,845 ₹, well above both its 50 DMA (7,361 ₹) and 200 DMA (6,581 ₹), showing strong upward momentum. RSI at 57.9 indicates neutral-to-positive strength, while MACD (61.1) confirms bullish momentum. Volume (67.6K) is close to the 1-week average (68.6K), suggesting steady intraday participation. The stock is near its 52-week high (8,220 ₹), which may act as resistance, making intraday trades viable but requiring caution.
💰 Optimal Buy Price: 7,800–7,850 ₹ (near current support)
📈 Profit-Taking Levels: 7,950–8,050 ₹ (short-term resistance)
⚠️ Stop-Loss: 7,720 ₹ (below support zone)
⏳ If Already Holding: Exit intraday if price fails to sustain above 7,800 ₹ or if RSI approaches 60 with weakening volume. Book profits near 8,000 ₹ if momentum slows. Watch MACD flattening or turning negative as a clear exit signal.
Positive
- Strong price momentum above both 50 DMA and 200 DMA.
- Quarterly PAT growth (58.4 Cr. vs 47.2 Cr.) shows earnings improvement.
- EPS of 71.6 ₹ supports valuation strength.
- FII (+0.58%) and DII (+0.88%) holdings increased, showing institutional confidence.
Limitation
- Extremely high P/E (108) compared to industry average (28.7), suggesting overvaluation.
- Low ROCE (8.11%) and ROE (4.31%) indicate weak efficiency.
- Debt-to-equity ratio of 0.96 shows relatively high leverage.
- Dividend yield of 0.06% is negligible.
- PEG ratio (-6.65) signals poor valuation relative to growth.
Company Negative News
- No major external negative news reported, but high leverage and valuation concerns remain.
Company Positive News
- Quarterly profit variation of 1,005% indicates strong earnings rebound.
- Institutional investors (FII & DII) increased holdings, reflecting confidence.
Industry
- Industry P/E at 28.7 is far lower than CRAFTSMAN’s P/E (108), highlighting relative overvaluation.
- Auto ancillary sector remains cyclical but currently benefits from demand recovery.
Conclusion
🔎 CRAFTSMAN shows strong bullish momentum with support near 7,800 ₹ and resistance around 8,000–8,050 ₹. However, high valuation and leverage make it risky for aggressive intraday trades. Best strategy: Buy near support, exit near resistance, and maintain a strict stop-loss at 7,720 ₹ to protect against reversals.