HAVELLS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | HAVELLS | Market Cap | 84,062 Cr. | Current Price | 1,340 ₹ | High / Low | 1,674 ₹ |
| Stock P/E | 55.1 | Book Value | 138 ₹ | Dividend Yield | 0.74 % | ROCE | 25.6 % |
| ROE | 19.0 % | Face Value | 1.00 ₹ | DMA 50 | 1,391 ₹ | DMA 200 | 1,484 ₹ |
| Chg in FII Hold | -1.32 % | Chg in DII Hold | 1.18 % | PAT Qtr | 335 Cr. | PAT Prev Qtr | 317 Cr. |
| RSI | 46.8 | MACD | -35.1 | Volume | 4,19,924 | Avg Vol 1Wk | 9,86,561 |
| Low price | 1,250 ₹ | High price | 1,674 ₹ | PEG Ratio | 7.00 | Debt to equity | 0.03 |
| 52w Index | 21.2 % | Qtr Profit Var | 18.4 % | EPS | 23.8 ₹ | Industry PE | 25.9 |
📊 Analysis: Havells shows strong fundamentals with ROCE (25.6%) and ROE (19.0%), but intraday momentum is weak. RSI at 46.8 indicates neutral strength, while MACD at -35.1 signals bearish sentiment. Price is below both 50 DMA (1,391 ₹) and 200 DMA (1,484 ₹), reflecting short-term weakness. Current volume is lower than weekly average, suggesting reduced participation. Intraday trading is moderately favorable only for cautious scalps near support levels.
💹 Optimal Buy Price: 1,330–1,345 ₹ (near support zone).
🎯 Profit-Taking Levels: 1,360 ₹ (first target), 1,375 ₹ (second target).
🛡️ Stop-Loss: 1,320 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 1,360 ₹ or if MACD continues to weaken. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels.
✅ Positive
- Strong ROCE (25.6%) and ROE (19.0%) highlight efficient capital use.
- Low debt-to-equity (0.03) ensures financial stability.
- Quarterly PAT growth from 317 Cr. to 335 Cr. shows earnings momentum.
- DII holding increased by 1.18%, reflecting domestic institutional support.
⚠️ Limitation
- High P/E (55.1) compared to industry average (25.9) suggests overvaluation.
- PEG ratio of 7.00 indicates expensive growth prospects.
- Price trading below both 50 DMA and 200 DMA reflects weak technicals.
- Dividend yield of 0.74% is relatively low.
📉 Company Negative News
- FII holding decreased by -1.32%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased by 1.18%, reflecting strong domestic support.
- Quarterly profit variation of 18.4% indicates healthy earnings growth.
🏭 Industry
- Consumer electricals sector remains resilient with steady demand.
- Industry P/E at 25.9 is significantly lower than Havells’ 55.1, suggesting premium valuation.
🔎 Conclusion
Havells is fundamentally strong but intraday trade setup is weak due to bearish momentum indicators and low volume. Traders may attempt cautious scalps near support levels with strict stop-losses. Profit booking should be swift if resistance levels are tested, as upside momentum is limited.