DEVYANI - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | DEVYANI | Market Cap | 15,174 Cr. | Current Price | 123 ₹ | High / Low | 191 ₹ |
| Book Value | 12.4 ₹ | Dividend Yield | 0.00 % | ROCE | 7.53 % | ROE | 2.20 % |
| Face Value | 1.00 ₹ | DMA 50 | 133 ₹ | DMA 200 | 153 ₹ | Chg in FII Hold | -0.78 % |
| Chg in DII Hold | -0.32 % | PAT Qtr | 8.56 Cr. | PAT Prev Qtr | -14.3 Cr. | RSI | 46.2 |
| MACD | -5.57 | Volume | 2,89,62,594 | Avg Vol 1Wk | 62,89,200 | Low price | 110 ₹ |
| High price | 191 ₹ | Debt to equity | 1.59 | 52w Index | 16.8 % | Qtr Profit Var | 98.6 % |
| EPS | -0.28 ₹ | Industry PE | 114 |
📊 Analysis: DEVYANI is trading at 123 ₹, below both its 50 DMA (133 ₹) and 200 DMA (153 ₹), showing weak technical strength. RSI at 46.2 indicates neutral-to-weak momentum, while MACD (-5.57) suggests bearish undertone. Current volume (2.89 Cr.) is significantly higher than the 1-week average (62.9L), pointing to strong intraday participation but likely driven by selling pressure. The setup is risky for intraday trading, with limited upside potential.
💰 Optimal Buy Price: 120–124 ₹ (near support zone)
📈 Profit-Taking Levels: 128–132 ₹ (short-term resistance)
⚠️ Stop-Loss: 118 ₹ (below support)
⏳ If Already Holding: Exit intraday if price fails to sustain above 120 ₹ or if RSI dips below 45 with weakening momentum. Book profits near 128–132 ₹ if momentum slows. Watch MACD widening negatively as a clear exit signal.
Positive
- Quarterly PAT turned positive (8.56 Cr. vs -14.3 Cr.), showing recovery.
- Strong trading volume indicates active intraday participation.
- Qtr Profit Var (+98.6%) reflects operational improvement.
Limitation
- Trading below both 50 DMA and 200 DMA, showing weak technicals.
- ROCE (7.53%) and ROE (2.20%) are very weak, showing poor efficiency.
- Debt-to-equity ratio of 1.59 indicates high leverage risk.
- EPS is negative (-0.28 ₹), reflecting weak profitability.
- Dividend yield is 0.00%, offering no income support.
Company Negative News
- No major external negative news reported, but FII (-0.78%) and DII (-0.32%) outflows highlight reduced institutional confidence.
Company Positive News
- Quarterly PAT recovery shows turnaround from losses.
- Strong intraday volume suggests heightened market interest.
Industry
- Industry P/E at 114 is very high, reflecting stretched valuations in the QSR/retail sector.
- Consumer discretionary sector remains growth-oriented but sensitive to demand cycles and margins.
Conclusion
🔎 DEVYANI is a weak candidate for intraday trading due to bearish technicals, high leverage, and weak profitability. While strong volume and PAT recovery provide some support, risk outweighs reward. Best strategy: Avoid aggressive intraday positions, only consider small scalps near 120–124 ₹ with strict stop-loss at 118 ₹ and quick exits near 128–132 ₹.