EXIDEIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | EXIDEIND | Market Cap | 25,636 Cr. | Current Price | 302 ₹ | High / Low | 431 ₹ |
| Stock P/E | 24.2 | Book Value | 180 ₹ | Dividend Yield | 0.66 % | ROCE | 10.2 % |
| ROE | 7.62 % | Face Value | 1.00 ₹ | DMA 50 | 330 ₹ | DMA 200 | 364 ₹ |
| Chg in FII Hold | 0.03 % | Chg in DII Hold | 0.24 % | PAT Qtr | 264 Cr. | PAT Prev Qtr | 221 Cr. |
| RSI | 37.6 | MACD | -9.34 | Volume | 14,90,693 | Avg Vol 1Wk | 19,81,809 |
| Low price | 291 ₹ | High price | 431 ₹ | PEG Ratio | 3.33 | Debt to equity | 0.02 |
| 52w Index | 7.88 % | Qtr Profit Var | 7.84 % | EPS | 12.4 ₹ | Industry PE | 23.7 |
📊 EXIDEIND shows moderate potential for intraday trading today. Momentum indicators (RSI 37.6, MACD -9.34) are weak, and the stock is trading below both DMA 50 (330 ₹) and DMA 200 (364 ₹), indicating short-term weakness. However, fundamentals (EPS 12.4 ₹, ROCE 10.2%, ROE 7.62%) and recent profit growth provide support. Volume is below average, limiting sharp moves, but intraday opportunities exist near support levels.
💰 Optimal Buy Price: 300–305 ₹ (near support)
📈 Profit-Taking Exit Levels: 315–325 ₹ (short-term resistance)
📉 Stop-Loss: 295 ₹ (below immediate support)
⏳ If Already Holding: Exit if price fails to sustain above 310 ₹ or if intraday volume remains weak. Momentum suggests profit booking on rallies rather than holding for extended moves.
✅ Positive
- EPS at 12.4 ₹ reflects profitability compared to peers.
- Low debt-to-equity ratio (0.02) indicates financial stability.
- PAT improved to 264 Cr. from 221 Cr., showing earnings growth.
- DII holdings increased (+0.24%), showing domestic institutional support.
⚠️ Limitation
- Current price (302 ₹) is below both DMA 50 (330 ₹) and DMA 200 (364 ₹), showing weak trend alignment.
- RSI (37.6) and MACD (-9.34) indicate weak momentum.
- Volume (14,90,693) is lower than 1-week average (19,81,809), limiting intraday strength.
- PEG ratio (3.33) suggests expensive growth valuation.
📉 Company Negative News
- ROCE (10.2%) and ROE (7.62%) are relatively weak compared to industry peers.
- Stock trading near 52-week low (291 ₹), showing weak sentiment.
📈 Company Positive News
- Quarterly profit variation (+7.84%) shows improving earnings momentum.
- Dividend yield of 0.66% adds shareholder value.
- FII holdings increased slightly (+0.03%), reflecting marginal foreign investor confidence.
🏭 Industry
- Industry PE is 23.7, closely aligned with company PE (24.2), suggesting fair valuation.
- Battery and energy storage sector outlook remains positive with rising demand in EV and renewable energy markets.
🔎 Conclusion
EXIDEIND offers moderate intraday trading potential. Strong fundamentals and profit growth support the stock, but weak momentum indicators and below-average volume suggest caution. Traders may enter near support with tight stop-losses and book profits quickly on rallies. Long-term investors may find the stock attractive given sector growth, though short-term weakness persists.