HAVELLS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | HAVELLS | Market Cap | 77,814 Cr. | Current Price | 1,240 ₹ | High / Low | 1,624 ₹ |
| Stock P/E | 44.7 | Book Value | 151 ₹ | Dividend Yield | 0.81 % | ROCE | 25.1 % |
| ROE | 19.5 % | Face Value | 1.00 ₹ | DMA 50 | 1,297 ₹ | DMA 200 | 1,406 ₹ |
| Chg in FII Hold | -1.03 % | Chg in DII Hold | 0.97 % | PAT Qtr | 734 Cr. | PAT Prev Qtr | 335 Cr. |
| RSI | 43.6 | MACD | -10.6 | Volume | 9,14,769 | Avg Vol 1Wk | 12,28,486 |
| Low price | 1,142 ₹ | High price | 1,624 ₹ | PEG Ratio | 2.57 | Debt to equity | 0.03 |
| 52w Index | 20.3 % | Qtr Profit Var | 40.6 % | EPS | 27.2 ₹ | Industry PE | 37.6 |
📉 Havells shows weak-to-neutral intraday trading potential today. Current price (₹1,240) is below both 50 DMA (₹1,297) and 200 DMA (₹1,406), indicating bearish sentiment. RSI at 43.6 suggests neutral momentum, while MACD (-10.6) confirms negative bias. Volume (9.1 lakh) is lower than the 1-week average (12.2 lakh), showing reduced participation. Despite strong quarterly PAT growth (₹734 Cr vs ₹335 Cr), valuations remain stretched with a P/E of 44.7 compared to industry average of 37.6.
💰 Optimal Buy Price: Around ₹1,230–₹1,240 if reversal signals appear.
🎯 Profit-Taking Exit Levels: ₹1,260–₹1,280 (short-term resistance).
🛑 Stop-Loss: ₹1,210 (support zone).
⏳ If Already Holding: Consider exiting near ₹1,260–₹1,280 if momentum fails to build, or cut losses below ₹1,210 intraday.
✅ Positive
- Quarterly PAT surged 40.6% (₹734 Cr vs ₹335 Cr).
- Strong ROCE (25.1%) and ROE (19.5%).
- Low debt-to-equity ratio (0.03), showing financial stability.
- DII holdings increased (+0.97%), indicating domestic institutional support.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- Weak momentum indicators (RSI neutral, MACD negative).
- Volume lower than average, reducing intraday conviction.
- High P/E (44.7) compared to industry average (37.6).
📰 Company Negative News
- FII holdings declined (-1.03%), showing reduced foreign investor confidence.
🌟 Company Positive News
- Quarterly profit growth reflects strong operational performance.
- EPS at ₹27.2 provides a solid earnings base.
🏭 Industry
- Industry PE at 37.6, lower than Havells’ 44.7, suggesting relative overvaluation.
- Electrical equipment sector remains resilient but faces margin pressures due to input costs.
📌 Conclusion
Havells is fundamentally strong but intraday signals remain weak today. Traders should exercise caution, only considering small positions near support levels with tight stop-losses. Long-term investors may hold for growth and stability, but intraday momentum does not favor aggressive trades at present.