GRANULES - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | GRANULES | Market Cap | 14,160 Cr. | Current Price | 583 ₹ | High / Low | 627 ₹ |
| Stock P/E | 36.9 | Book Value | 146 ₹ | Dividend Yield | 0.26 % | ROCE | 10.9 % |
| ROE | 9.14 % | Face Value | 1.00 ₹ | DMA 50 | 575 ₹ | DMA 200 | 544 ₹ |
| Chg in FII Hold | -0.54 % | Chg in DII Hold | -0.44 % | PAT Qtr | 112 Cr. | PAT Prev Qtr | 121 Cr. |
| RSI | 52.3 | MACD | -5.17 | Volume | 21,19,490 | Avg Vol 1Wk | 8,45,118 |
| Low price | 412 ₹ | High price | 627 ₹ | PEG Ratio | -4.29 | Debt to equity | 0.29 |
| 52w Index | 79.5 % | Qtr Profit Var | 23.8 % | EPS | 16.3 ₹ | Industry PE | 29.1 |
📊 Analysis: GRANULES is trading at ₹583, above both its 50 DMA (₹575) and 200 DMA (₹544), showing near-term technical strength. RSI at 52.3 indicates neutral momentum, while MACD at -5.17 suggests mild bearish undertone. Intraday volume (21.2 lakh) is significantly higher than the 1-week average (8.4 lakh), supporting liquidity for trading. Valuation is slightly expensive with a P/E of 36.9 compared to industry P/E of 29.1, but strong quarterly profit variation (+23.8%) provides earnings support.
💡 Optimal Buy Price: ₹575–585 (near support zone).
🎯 Profit-Taking Levels: ₹600–610 (short-term resistance).
🛡️ Stop-Loss: ₹565 (below 50 DMA support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹575 or if MACD turns more negative with weakening momentum. Consider booking profits near ₹600–610 if price action stalls despite strong volume.
✅ Positive
- Trading above both 50 DMA and 200 DMA indicates strong technical support.
- Quarterly PAT of ₹112 Cr. vs ₹121 Cr. shows stability with 23.8% variation.
- EPS of ₹16.3 supports earnings visibility.
- Strong intraday volume compared to average ensures liquidity.
⚠️ Limitation
- MACD negative (-5.17), signaling weak short-term momentum.
- ROCE (10.9%) and ROE (9.14%) are modest compared to peers.
- Dividend yield of 0.26% offers limited income appeal.
- PEG ratio of -4.29 suggests poor growth alignment with valuation.
📉 Company Negative News
- Decline in FII holdings (-0.54%) and DII holdings (-0.44%) signals reduced institutional confidence.
📈 Company Positive News
- Strong quarterly profit variation (+23.8%) highlights operational improvement.
- Stock trading near 52-week high zone (79.5% index), showing resilience.
🏭 Industry
- Industry P/E at 29.1 is lower than GRANULES’ 36.9, suggesting mild overvaluation.
- Pharmaceutical sector demand remains steady with defensive characteristics.
🔎 Conclusion
GRANULES offers moderate intraday potential with support near ₹575 and resistance around ₹600–610. Strong volume supports trading opportunities, but negative MACD and modest fundamentals suggest caution. Best suited for disciplined intraday traders with tight stop-loss strategy.