ENRIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | ENRIN | Market Cap | 1,16,765 Cr. | Current Price | 3,279 ₹ | High / Low | 3,625 ₹ |
| Stock P/E | 95.7 | Book Value | 123 ₹ | Dividend Yield | 0.12 % | ROCE | 67.8 % |
| ROE | 50.5 % | Face Value | 2.00 ₹ | DMA 50 | 2,905 ₹ | DMA 200 | 2,888 ₹ |
| Chg in FII Hold | 0.38 % | Chg in DII Hold | -0.08 % | PAT Qtr | 351 Cr. | PAT Prev Qtr | 360 Cr. |
| RSI | 72.0 | MACD | 139 | Volume | 4,04,700 | Avg Vol 1Wk | 6,02,776 |
| Low price | 2,105 ₹ | High price | 3,625 ₹ | Debt to equity | 0.03 | 52w Index | 77.2 % |
| Qtr Profit Var | 51.7 % | EPS | ₹ | Industry PE | 37.9 |
📉 Optimal Buy Price (Today): 3,260–3,285 ₹
🎯 Profit Exit Levels: 3,320–3,350 ₹ (short scalp), 3,380–3,420 ₹ (extended momentum)
🛑 Stop-Loss: 3,220 ₹
⏳ If Already Holding: Exit near 3,320–3,350 ₹ if momentum slows. Tighten stop-loss if price fails to sustain above 3,260 ₹. RSI at 72 indicates strong momentum but close to overbought — watch for reversal signals.
Positive
✔️ RSI at 72.0 — strong momentum, bullish bias
✔️ MACD positive (139) — strong upward trend
✔️ Price above both DMA 50 (2,905 ₹) and DMA 200 (2,888 ₹) — trend support
✔️ ROCE at 67.8% and ROE at 50.5% — excellent efficiency metrics
✔️ Debt-to-equity very low at 0.03 — strong balance sheet
Limitation
⚠️ Current price (3,279 ₹) below 52-week high (3,625 ₹) — resistance overhead
⚠️ Valuation stretched with P/E 95.7 vs industry 37.9
⚠️ Volume (4.0L) below weekly average (6.0L) — weaker participation
⚠️ PAT declined slightly (351 Cr. vs 360 Cr.)
Company Negative News
📉 DII holdings reduced (-0.08%)
📉 Sequential PAT decline
📉 High valuation raises sustainability concerns
Company Positive News
📈 FII holdings increased (+0.38%)
📈 Strong 52-week index gain of 77.2%
📈 Quarterly profit variation +51.7% YoY
Industry
⚡ Industry PE at 37.9 vs ENRIN’s 95.7 — relatively expensive
⚡ Energy/renewables sector supported by government push and global demand
Conclusion
🔎 ENRIN shows strong intraday bullish momentum supported by RSI, MACD, and DMA levels, but valuations remain stretched.
Intraday trades can target 3,320–3,350 ₹ with strict stop-loss at 3,220 ₹.
Aggressive traders may aim for 3,380–3,420 ₹ if RSI sustains above 70 and volume strengthens.
Would you like me to extend this into a sector overlay benchmarking ENRIN against peers like ADANIGREEN, TATAPOWER, and JSWENERGY for intraday comparative clarity?