GRAVITA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | GRAVITA | Market Cap | 12,258 Cr. | Current Price | 1,660 ₹ | High / Low | 2,170 ₹ |
| Stock P/E | 40.7 | Book Value | 231 ₹ | Dividend Yield | 0.38 % | ROCE | 21.4 % |
| ROE | 18.5 % | Face Value | 2.00 ₹ | DMA 50 | 1,687 ₹ | DMA 200 | 1,741 ₹ |
| Chg in FII Hold | 1.10 % | Chg in DII Hold | -0.16 % | PAT Qtr | 72.2 Cr. | PAT Prev Qtr | 87.2 Cr. |
| RSI | 51.2 | MACD | -35.5 | Volume | 1,27,178 | Avg Vol 1Wk | 2,18,528 |
| Low price | 1,380 ₹ | High price | 2,170 ₹ | PEG Ratio | 0.61 | Debt to equity | 0.11 |
| 52w Index | 35.5 % | Qtr Profit Var | 111 % | EPS | 40.8 ₹ | Industry PE | 20.4 |
📊 Analysis: GRAVITA is trading at ₹1,660, slightly below its 50 DMA (₹1,687) and 200 DMA (₹1,741), showing near-term weakness. RSI at 51.2 indicates neutral momentum, while MACD at -35.5 suggests bearish undertone. Intraday volume (1.27 lakh) is weaker than the 1-week average (2.18 lakh), limiting sharp moves. Valuation is high with a P/E of 40.7 compared to industry P/E of 20.4, but strong fundamentals and EPS of ₹40.8 provide support.
💡 Optimal Buy Price: ₹1,645–1,660 (near support zone).
🎯 Profit-Taking Levels: ₹1,690–1,710 (short-term resistance near 50 DMA).
🛡️ Stop-Loss: ₹1,625 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹1,645 or if MACD remains strongly negative with weakening momentum. Consider booking profits near ₹1,690–1,710 if price action stalls and volume remains subdued.
✅ Positive
- ROCE (21.4%) and ROE (18.5%) reflect strong capital efficiency.
- EPS of ₹40.8 supports earnings visibility.
- Quarterly profit variation of 111% highlights strong growth momentum.
- Low debt-to-equity ratio (0.11) ensures financial stability.
- FII holdings increased by 1.10%, showing foreign investor confidence.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA indicates weak technical setup.
- MACD strongly negative (-35.5), signaling bearish momentum.
- Dividend yield of 0.38% offers limited income appeal.
- Intraday volume weaker than average, reducing trading opportunities.
📉 Company Negative News
- DII holdings declined by -0.16%, signaling reduced domestic institutional confidence.
- PAT declined from ₹87.2 Cr. to ₹72.2 Cr., showing short-term earnings pressure.
📈 Company Positive News
- Strong quarterly profit variation (+111%) highlights operational improvement.
- FII inflows (+1.10%) show foreign investor support.
🏭 Industry
- Industry P/E at 20.4 is much lower than GRAVITA’s 40.7, highlighting relative overvaluation.
- Recycling and metals sector demand remains cyclical but supported by sustainability trends.
🔎 Conclusion
GRAVITA offers moderate intraday potential with support near ₹1,645 and resistance around ₹1,690–1,710. While fundamentals remain strong, bearish MACD and weak volume suggest caution. Suitable for disciplined intraday traders with tight stop-loss and modest profit targets.