HBLENGINE - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.8
| Stock Code | HBLENGINE | Market Cap | 22,151 Cr. | Current Price | 799 ₹ | High / Low | 1,122 ₹ |
| Stock P/E | 33.8 | Book Value | 70.4 ₹ | Dividend Yield | 0.13 % | ROCE | 27.0 % |
| ROE | 20.2 % | Face Value | 1.00 ₹ | DMA 50 | 829 ₹ | DMA 200 | 770 ₹ |
| Chg in FII Hold | -1.23 % | Chg in DII Hold | 0.18 % | PAT Qtr | 400 Cr. | PAT Prev Qtr | 142 Cr. |
| RSI | 49.2 | MACD | -24.9 | Volume | 10,04,332 | Avg Vol 1Wk | 21,69,443 |
| Low price | 404 ₹ | High price | 1,122 ₹ | PEG Ratio | 0.69 | Debt to equity | 0.04 |
| 52w Index | 55.0 % | Qtr Profit Var | 397 % | EPS | 22.9 ₹ | Industry PE | 26.1 |
📊 Analysis: HBLENGINE is trading at ₹799, below its 50 DMA (₹829) but above its 200 DMA (₹770), showing mixed technical positioning. RSI at 49.2 indicates neutral momentum, while MACD at -24.9 suggests bearish undertone. Intraday volume (10.0 lakh) is weaker than the 1-week average (21.7 lakh), limiting sharp moves. Valuation is moderately high with a P/E of 33.8 compared to industry P/E of 26.1, but strong fundamentals and EPS of ₹22.9 provide support. Recent quarterly PAT growth (+397%) highlights strong earnings momentum.
💡 Optimal Buy Price: ₹790–800 (near support zone).
🎯 Profit-Taking Levels: ₹820–835 (short-term resistance near 50 DMA).
🛡️ Stop-Loss: ₹775 (below support).
⏱️ If Already Holding: Exit intraday if price fails to sustain above ₹790 or if MACD remains strongly negative with weakening momentum. Consider booking profits near ₹820–835 if price action stalls and volume does not improve.
✅ Positive
- Quarterly PAT surged from ₹142 Cr. to ₹400 Cr. (+397%), showing strong earnings growth.
- ROCE (27.0%) and ROE (20.2%) reflect excellent capital efficiency.
- EPS of ₹22.9 supports earnings visibility.
- Low debt-to-equity ratio (0.04) ensures financial stability.
- DII holdings increased by 0.18%, showing domestic institutional support.
⚠️ Limitation
- Trading below 50 DMA indicates weak short-term technical setup.
- MACD strongly negative (-24.9), signaling bearish momentum.
- Dividend yield of 0.13% offers negligible income appeal.
- Intraday volume weaker than average, reducing trading opportunities.
📉 Company Negative News
- Decline in FII holdings (-1.23%) signals reduced foreign investor confidence.
📈 Company Positive News
- Strong quarterly profit growth highlights operational improvement.
- DII inflows (+0.18%) show domestic institutional confidence.
🏭 Industry
- Industry P/E at 26.1 is lower than HBLENGINE’s 33.8, suggesting mild overvaluation.
- Engineering and battery sector demand remains strong, supported by industrial and defense applications.
🔎 Conclusion
HBLENGINE shows moderate intraday potential with support near ₹790 and resistance around ₹820–835. While fundamentals are strong and profit growth is impressive, bearish MACD and weak volume suggest caution. Suitable for disciplined intraday traders with tight stop-loss and modest profit targets.