ETERNAL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | ETERNAL | Market Cap | 2,84,114 Cr. | Current Price | 294 ₹ | High / Low | 368 ₹ |
| Stock P/E | 112 | Book Value | 37.1 ₹ | Dividend Yield | 0.00 % | ROCE | 7.34 % |
| ROE | 6.55 % | Face Value | 1.00 ₹ | DMA 50 | 286 ₹ | DMA 200 | 285 ₹ |
| Chg in FII Hold | -2.80 % | Chg in DII Hold | 2.57 % | PAT Qtr | 657 Cr. | PAT Prev Qtr | 691 Cr. |
| RSI | 58.2 | MACD | -2.30 | Volume | 6,68,70,199 | Avg Vol 1Wk | 5,41,12,396 |
| Low price | 190 ₹ | High price | 368 ₹ | PEG Ratio | 2.23 | Debt to equity | 0.01 |
| 52w Index | 58.5 % | Qtr Profit Var | 33.0 % | EPS | 2.62 ₹ | Industry PE | 46.9 |
📊 Analysis: ETERNAL shows moderate strength for intraday trading. RSI at 58.2 indicates healthy momentum, while MACD (-2.30) suggests mild short-term weakness. Current price (294 ₹) is above both 50 DMA (286 ₹) and 200 DMA (285 ₹), reflecting near-term support. Volume (6,68,70,199) is significantly higher than weekly average (5,41,12,396), suggesting strong participation and potential volatility. However, high P/E (112) compared to industry PE (46.9) raises valuation concerns.
💰 Optimal Buy Price: 290–295 ₹ if support holds.
📈 Profit-Taking Levels: 305–315 ₹ (near-term resistance zone).
⚠️ Stop-Loss: 285 ₹ to protect against downside risk.
⏱️ If Already Holding: Exit near 305–315 ₹ if momentum fades. If price breaks below 285 ₹ with volume, consider immediate exit to avoid deeper losses.
🌟 Positive
- Strong quarterly PAT at 657 Cr., though slightly lower than previous quarter.
- DII holdings increased (+2.57%), showing domestic investor confidence.
- Price trading above both 50 DMA and 200 DMA, reflecting near-term strength.
- Low debt-to-equity ratio (0.01), indicating financial stability.
⚠️ Limitation
- High P/E (112) compared to industry PE (46.9), suggesting overvaluation.
- ROCE (7.34%) and ROE (6.55%) are relatively weak.
- Dividend yield at 0.00%, offering no income support for shareholders.
📉 Company Negative News
- FII holdings decreased (-2.80%), showing reduced foreign confidence.
- PAT declined slightly from 691 Cr. to 657 Cr.
📈 Company Positive News
- Quarterly profit variation +33.0%, showing growth momentum.
- EPS at 2.62 ₹ reflects profitability despite high valuation.
🏭 Industry
- Industry PE at 46.9, much lower than company’s PE, highlighting premium valuation risk.
- Sector sentiment moderately strong with 52-week index at 58.5%.
✅ Conclusion
ETERNAL is a moderately good candidate for intraday trading. Strong volume and near-term support favor short-term gains, but high valuation and weak return ratios limit upside. Suitable for cautious scalps between 290–315 ₹ with strict stop-loss at 285 ₹.