DEVYANI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | DEVYANI | Market Cap | 13,015 Cr. | Current Price | 106 ₹ | High / Low | 191 ₹ |
| Book Value | 12.4 ₹ | Dividend Yield | 0.00 % | ROCE | 7.53 % | ROE | 2.20 % |
| Face Value | 1.00 ₹ | DMA 50 | 124 ₹ | DMA 200 | 145 ₹ | Chg in FII Hold | -0.78 % |
| Chg in DII Hold | -0.32 % | PAT Qtr | 8.56 Cr. | PAT Prev Qtr | -14.3 Cr. | RSI | 30.9 |
| MACD | -5.64 | Volume | 27,54,800 | Avg Vol 1Wk | 39,41,681 | Low price | 103 ₹ |
| High price | 191 ₹ | Debt to equity | 1.59 | 52w Index | 3.35 % | Qtr Profit Var | 98.6 % |
| EPS | -0.28 ₹ | Industry PE | 62.4 |
📊 Devyani International (DEVYANI) shows weak intraday potential today. RSI at 30.9 indicates oversold conditions but lacks strong reversal signals. MACD is negative (-5.64), confirming bearish sentiment. Current price (106 ₹) is well below both 50 DMA (124 ₹) and 200 DMA (145 ₹), reflecting sustained weakness. Volume (27,54,800) is below average (39,41,681), limiting breakout potential.
💡 Optimal Buy Price: 104–107 ₹ (near support)
🎯 Profit-Taking Levels: 112–115 ₹ (short-term resistance)
🛑 Stop-Loss: 102 ₹ (recent low)
⏳ If already holding intraday: Exit near 112–113 ₹ if momentum weakens or if price fails to sustain above 107 ₹ with volume confirmation.
Positive
- Quarterly PAT improved from -14.3 Cr. to 8.56 Cr., showing turnaround.
- Qtr Profit Var +98.6% indicates strong recovery momentum.
- Large market cap (13,015 Cr.) ensures liquidity.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates bearish trend.
- EPS is negative (-0.28 ₹), reflecting weak profitability.
- High debt-to-equity ratio (1.59) raises financial risk.
- ROCE (7.53%) and ROE (2.20%) are weak compared to peers.
- FII (-0.78%) and DII (-0.32%) holdings decreased, showing reduced institutional confidence.
Company Negative News
- No major negative news reported, but weak fundamentals and high leverage weigh on sentiment.
Company Positive News
- Quarterly PAT turnaround from losses to profits is encouraging.
- Strong profit variation (+98.6%) shows operational improvement.
Industry
- Industry P/E at 62.4 is high, reflecting growth expectations in QSR (Quick Service Restaurant) sector.
- Sector remains growth-oriented but faces margin pressures from rising costs and competition.
Conclusion
⚠️ Devyani International is not an ideal intraday candidate today due to weak momentum, negative EPS, and price trading below key averages. Short-term traders may attempt a bounce trade near 104–107 ₹ with a tight stop-loss at 102 ₹, but risk remains elevated. Conservative traders should avoid aggressive intraday positions until momentum indicators improve.