CRAFTSMAN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.6
| Stock Code | CRAFTSMAN | Market Cap | 16,338 Cr. | Current Price | 6,855 ₹ | High / Low | 8,220 ₹ |
| Stock P/E | 94.5 | Book Value | 1,206 ₹ | Dividend Yield | 0.07 % | ROCE | 8.11 % |
| ROE | 4.31 % | Face Value | 5.00 ₹ | DMA 50 | 7,426 ₹ | DMA 200 | 6,832 ₹ |
| Chg in FII Hold | 0.58 % | Chg in DII Hold | 0.88 % | PAT Qtr | 58.4 Cr. | PAT Prev Qtr | 47.2 Cr. |
| RSI | 36.0 | MACD | -226 | Volume | 25,534 | Avg Vol 1Wk | 76,339 |
| Low price | 3,700 ₹ | High price | 8,220 ₹ | PEG Ratio | -5.81 | Debt to equity | 0.96 |
| 52w Index | 69.8 % | Qtr Profit Var | 1,005 % | EPS | 71.6 ₹ | Industry PE | 23.7 |
📊 Craftsman Automation (CRAFTSMAN) shows weak intraday potential today. RSI at 36.0 indicates oversold conditions but lacks strong reversal signals. MACD is sharply negative (-226), confirming bearish momentum. Current price (6,855 ₹) is below the 50 DMA (7,426 ₹) but slightly above the 200 DMA (6,832 ₹), reflecting mixed sentiment. Volume (25,534) is far below average (76,339), limiting intraday volatility and breakout chances.
💡 Optimal Buy Price: 6,820–6,850 ₹ (near support)
🎯 Profit-Taking Levels: 6,950–7,000 ₹ (short-term resistance)
🛑 Stop-Loss: 6,800 ₹ (recent low)
⏳ If already holding intraday: Exit near 6,950–7,000 ₹ if momentum weakens or if price fails to sustain above 6,880 ₹ with volume confirmation.
Positive
- Quarterly PAT improved from 47.2 Cr. to 58.4 Cr. (+23.7%).
- EPS of 71.6 ₹ supports earnings strength.
- FII (+0.58%) and DII (+0.88%) holdings increased, showing institutional support.
- Strong 52-week performance (+69.8%).
Limitation
- Stock P/E (94.5) is significantly higher than industry average (23.7), suggesting overvaluation.
- ROCE (8.11%) and ROE (4.31%) are relatively weak compared to peers.
- High debt-to-equity ratio (0.96) raises financial risk.
- Volume far below average, limiting intraday opportunities.
Company Negative News
- No major negative news reported, but weak technicals and high leverage weigh on sentiment.
Company Positive News
- Quarterly PAT growth indicates improving profitability.
- Institutional investors (FII & DII) increased holdings.
Industry
- Industry P/E at 23.7 is much lower than Craftsman’s 94.5, suggesting relative overvaluation.
- Automotive and engineering sector remains cyclical, with demand linked to industrial growth.
Conclusion
⚠️ Craftsman Automation is not an ideal intraday candidate today due to weak momentum, low volume, and stretched valuations. Short-term traders may attempt a bounce trade near 6,820–6,850 ₹ with a tight stop-loss at 6,800 ₹, but risk remains elevated. Conservative traders should avoid aggressive intraday positions until momentum indicators improve.