ECLERX - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | ECLERX | Market Cap | 21,579 Cr. | Current Price | 4,527 ₹ | High / Low | 4,995 ₹ |
| Stock P/E | 49.4 | Book Value | 307 ₹ | Dividend Yield | 0.02 % | ROCE | 28.8 % |
| ROE | 23.6 % | Face Value | 10.0 ₹ | DMA 50 | 4,566 ₹ | DMA 200 | 4,095 ₹ |
| Chg in FII Hold | 0.49 % | Chg in DII Hold | -1.19 % | PAT Qtr | 126 Cr. | PAT Prev Qtr | 110 Cr. |
| RSI | 47.8 | MACD | 25.5 | Volume | 2,86,134 | Avg Vol 1Wk | 2,17,066 |
| Low price | 2,116 ₹ | High price | 4,995 ₹ | PEG Ratio | -46.1 | Debt to equity | 0.18 |
| 52w Index | 83.8 % | Qtr Profit Var | 51.4 % | EPS | 91.8 ₹ | Industry PE | 32.2 |
📊 Analysis: ECLERX shows strong intraday potential with current price (4,527 ₹) close to 50 DMA (4,566 ₹) and comfortably above 200 DMA (4,095 ₹), indicating medium-term strength. RSI at 47.8 suggests neutral momentum, while MACD (25.5) signals bullish crossover. Volume today (2,86,134) is higher than weekly average (2,17,066), supporting intraday volatility and trading opportunities.
💰 Optimal Buy Price: Around 4,500–4,530 ₹ (near support zone).
📈 Profit-Taking Levels: 4,600–4,650 ₹ (short-term resistance).
⚠️ Stop-Loss: 4,470 ₹ (to protect against downside risk).
⏱️ If Already Holding: Consider exiting if price fails to hold above 4,500 ₹ with weakening momentum. Book profits near 4,600–4,650 ₹ if volume sustains upward movement. Watch intraday RSI crossing 55 for bullish continuation, or a drop below 45 for bearish exit signals.
Positive
- Strong ROCE (28.8%) and ROE (23.6%) reflect efficient capital use.
- Quarterly PAT increased to 126 Cr. from 110 Cr., showing earnings growth.
- EPS of 91.8 ₹ indicates solid profitability.
- Low debt-to-equity ratio (0.18) ensures financial stability.
- FII holdings increased (+0.49%), reflecting foreign investor confidence.
Limitation
- High P/E ratio (49.4) compared to industry PE (32.2) suggests overvaluation.
- Dividend yield is negligible (0.02%), limiting income potential.
- PEG ratio (-46.1) indicates poor valuation relative to growth expectations.
Company Negative News
- DII holdings decreased (-1.19%), showing reduced domestic institutional support.
Company Positive News
- Quarterly profit variation (+51.4%) highlights strong growth momentum.
- Stock trading near 52-week high (83.8% index), reflecting strong investor sentiment.
Industry
- Industry PE at 32.2 is lower than company PE, suggesting ECLERX trades at a premium.
- IT services sector remains growth-oriented with strong demand outlook.
Conclusion
⚖️ ECLERX is a good candidate for intraday trading today. Strong volume, bullish MACD, and price stability above 200 DMA support upward momentum. Traders may enter around 4,500–4,530 ₹ with profit targets at 4,600–4,650 ₹, while maintaining a strict stop-loss at 4,470 ₹ to manage risk.