ETERNAL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | ETERNAL | Market Cap | 2,20,688 Cr. | Current Price | 229 ₹ | High / Low | 368 ₹ |
| Stock P/E | 87.2 | Book Value | 37.1 ₹ | Dividend Yield | 0.00 % | ROCE | 7.34 % |
| ROE | 6.55 % | Face Value | 1.00 ₹ | DMA 50 | 260 ₹ | DMA 200 | 277 ₹ |
| Chg in FII Hold | -2.80 % | Chg in DII Hold | 2.57 % | PAT Qtr | 657 Cr. | PAT Prev Qtr | 691 Cr. |
| RSI | 38.6 | MACD | -12.0 | Volume | 7,47,50,473 | Avg Vol 1Wk | 7,70,55,310 |
| Low price | 190 ₹ | High price | 368 ₹ | PEG Ratio | 1.73 | Debt to equity | 0.01 |
| 52w Index | 21.9 % | Qtr Profit Var | 33.0 % | EPS | 2.62 ₹ | Industry PE | 38.4 |
📊 ETERNAL shows weak potential for intraday trading today. Momentum indicators (RSI 38.6, MACD -12.0) are bearish, and the stock is trading below both DMA 50 (260 ₹) and DMA 200 (277 ₹), indicating short-term weakness. Fundamentals are also weak with low ROCE (7.34%) and ROE (6.55%), while valuation remains expensive (P/E 87.2 vs industry 38.4). Intraday trades should be approached with caution and tight stop-losses.
💰 Optimal Buy Price: 225–230 ₹ (near support)
📈 Profit-Taking Exit Levels: 240–250 ₹ (short-term resistance)
📉 Stop-Loss: 220 ₹ (below immediate support)
⏳ If Already Holding: Exit if price fails to sustain above 235 ₹ or if intraday volume remains weak. Momentum suggests quick profit booking on minor rallies rather than holding for extended moves.
✅ Positive
- DII holdings increased (+2.57%), showing strong domestic institutional support.
- PAT remains high at 657 Cr., despite a slight decline from the previous quarter.
- EPS at 2.62 ₹ reflects profitability, though modest.
- Stock has rebounded 21.9% from its 52-week low, showing resilience.
⚠️ Limitation
- Current price (229 ₹) is below both DMA 50 (260 ₹) and DMA 200 (277 ₹), showing weak trend alignment.
- RSI (38.6) and MACD (-12.0) indicate bearish momentum.
- Volume (7,47,50,473) is slightly below 1-week average (7,70,55,310), limiting intraday strength.
- High P/E (87.2) compared to industry average (38.4).
📉 Company Negative News
- FII holdings decreased (-2.80%), reflecting reduced foreign investor confidence.
- PAT declined slightly (657 Cr. vs 691 Cr.), showing earnings pressure.
- Low ROCE (7.34%) and ROE (6.55%) compared to peers.
📈 Company Positive News
- Quarterly profit variation (+33.0%) shows operational improvement.
- DII support increased significantly (+2.57%).
- PEG ratio (1.73) indicates moderate valuation relative to growth.
🏭 Industry
- Industry PE is 38.4, much lower than company PE (87.2), indicating ETERNAL trades at a premium.
- Sector outlook remains stable, but company fundamentals lag peers.
🔎 Conclusion
ETERNAL offers weak intraday trading potential due to poor momentum, expensive valuation, and declining fundamentals. Strong DII support and profit variation provide some positives, but traders should be cautious, using tight stop-losses and quick profit booking. Long-term investors may wait for fundamental improvement before considering entry.