ENRIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | ENRIN | Market Cap | 1,01,083 Cr. | Current Price | 2,841 ₹ | High / Low | 3,625 ₹ |
| Stock P/E | 82.9 | Book Value | 123 ₹ | Dividend Yield | 0.14 % | ROCE | 39.0 % |
| ROE | 29.1 % | Face Value | 2.00 ₹ | DMA 50 | 2,776 ₹ | DMA 200 | 2,879 ₹ |
| Chg in FII Hold | 1.05 % | Chg in DII Hold | -1.35 % | PAT Qtr | 351 Cr. | PAT Prev Qtr | 360 Cr. |
| RSI | 52.6 | MACD | 36.8 | Volume | 4,72,809 | Avg Vol 1Wk | 2,78,646 |
| Low price | 2,105 ₹ | High price | 3,625 ₹ | Debt to equity | 0.03 | 52w Index | 48.4 % |
| Qtr Profit Var | 51.7 % | EPS | ₹ | Industry PE | 33.0 |
📊 Analysis: ENRIN is trading at ₹2,841, above its 50 DMA (₹2,776) but slightly below the 200 DMA (₹2,879), showing short-term strength with mild long-term resistance. RSI at 52.6 indicates balanced momentum, while MACD (36.8) confirms bullish strength. Current volume (4.7 lakh) is well above the 1-week average (2.7 lakh), suggesting strong intraday participation.
💡 Optimal Buy Price: Around ₹2,830–2,845 if support holds near ₹2,830.
🎯 Profit Exit Levels: ₹2,880–2,900 (first resistance), ₹2,950 (secondary resistance).
🛡️ Stop-Loss: ₹2,810 (below intraday support).
⏱️ If Already Holding: Consider exiting near ₹2,880–2,900 if momentum stalls. If price fails to sustain above ₹2,830 with weakening volume, exit early to protect gains.
✅ Positive
- ROCE at 39.0% and ROE at 29.1% reflect excellent efficiency.
- Quarterly PAT stable at ₹351 Cr vs ₹360 Cr.
- FII holdings increased by 1.05%, showing foreign investor confidence.
- Debt-to-equity at 0.03 indicates a nearly debt-free balance sheet.
- 52-week performance shows 48.4% gain, reflecting strong investor sentiment.
⚠️ Limitation
- High P/E of 82.9 compared to industry average of 33.0.
- Dividend yield at 0.14% is very low.
- DII holdings decreased by 1.35%, showing reduced domestic support.
📉 Company Negative News
- Quarterly PAT declined slightly from ₹360 Cr to ₹351 Cr.
- High valuation relative to peers may limit upside.
📈 Company Positive News
- Strong efficiency metrics (ROCE and ROE).
- FII inflows reflect foreign confidence.
- MACD positive, confirming short-term bullish momentum.
🏭 Industry
- Industry PE at 33.0, much lower than ENRIN’s 82.9, suggesting sector peers are more attractively valued.
- Energy and renewables sector remains in growth phase, supported by infrastructure and sustainability demand.
🔎 Conclusion
ENRIN shows strong technical and fundamental efficiency with bullish intraday signals and high foreign investor confidence. Despite high valuation and weak dividend yield, intraday trades are favorable with tight stop-losses and profit booking near resistance levels.
Would you like me to extend this into a basket overlay scan with peers like Adani Green, Tata Power, and JSW Energy to benchmark ENRIN’s intraday strength against the broader energy sector?