CUMMINSIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | CUMMINSIND | Market Cap | 1,16,434 Cr. | Current Price | 4,201 ₹ | High / Low | 4,615 ₹ |
| Stock P/E | 52.2 | Book Value | 265 ₹ | Dividend Yield | 1.23 % | ROCE | 37.6 % |
| ROE | 28.8 % | Face Value | 2.00 ₹ | DMA 50 | 4,188 ₹ | DMA 200 | 3,902 ₹ |
| Chg in FII Hold | 1.07 % | Chg in DII Hold | -1.13 % | PAT Qtr | 638 Cr. | PAT Prev Qtr | 555 Cr. |
| RSI | 54.2 | MACD | -43.6 | Volume | 4,26,468 | Avg Vol 1Wk | 5,73,113 |
| Low price | 2,580 ₹ | High price | 4,615 ₹ | PEG Ratio | 1.48 | Debt to equity | 0.00 |
| 52w Index | 79.6 % | Qtr Profit Var | 41.5 % | EPS | 81.6 ₹ | Industry PE | 38.6 |
📊 Analysis: CUMMINSIND is trading at 4,201 ₹, slightly above its 50 DMA (4,188 ₹) and well above the 200 DMA (3,902 ₹), showing strong technical support. RSI at 54.2 indicates neutral-to-positive momentum, while MACD (-43.6) suggests mild bearish divergence. Current volume (4.26L) is below the 1-week average (5.73L), pointing to moderate intraday participation. The setup favors cautious intraday trades with potential upside but requires strict risk management.
💰 Optimal Buy Price: 4,180–4,210 ₹ (near support zone)
📈 Profit-Taking Levels: 4,250–4,290 ₹ (short-term resistance)
⚠️ Stop-Loss: 4,160 ₹ (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above 4,180 ₹ or if RSI dips below 52 with weakening volume. Book profits near 4,250–4,290 ₹ if momentum slows. Watch MACD widening negatively as a clear exit signal.
Positive
- Strong ROCE (37.6%) and ROE (28.8%) indicate excellent efficiency.
- Debt-free balance sheet (Debt-to-equity 0.00).
- Quarterly PAT growth (638 Cr. vs 555 Cr.) shows earnings strength.
- EPS of 81.6 ₹ supports valuation strength.
- FII holdings increased (+1.07%), reflecting foreign investor confidence.
Limitation
- High P/E (52.2) compared to industry average (38.6), suggesting overvaluation.
- MACD negative, showing weak short-term momentum.
- Volume below average, limiting intraday volatility.
- DII holdings decreased (-1.13%), showing reduced domestic support.
Company Negative News
- No major external negative news reported, but valuation concerns and DII outflow are notable.
Company Positive News
- Quarterly PAT growth of 41.5% indicates strong earnings momentum.
- FII holdings increased, reflecting confidence from foreign institutions.
Industry
- Industry P/E at 38.6 is lower than CUMMINSIND’s P/E (52.2), suggesting relative overvaluation.
- Capital goods sector remains strong with infrastructure and industrial demand driving growth.
Conclusion
🔎 CUMMINSIND offers moderate intraday potential with support near 4,180 ₹ and resistance around 4,250–4,290 ₹. Momentum indicators suggest caution, as MACD is negative despite strong fundamentals. Best strategy: Buy near support, exit near resistance, and protect downside with a strict stop-loss at 4,160 ₹.