HCLTECH - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | HCLTECH | Market Cap | 4,40,654 Cr. | Current Price | 1,622 ₹ | High / Low | 1,780 ₹ |
| Stock P/E | 35.9 | Book Value | 115 ₹ | Dividend Yield | 3.33 % | ROCE | 43.1 % |
| ROE | 32.6 % | Face Value | 2.00 ₹ | DMA 50 | 1,653 ₹ | DMA 200 | 1,606 ₹ |
| Chg in FII Hold | -0.43 % | Chg in DII Hold | 0.57 % | PAT Qtr | 3,682 Cr. | PAT Prev Qtr | 2,657 Cr. |
| RSI | 39.7 | MACD | 6.04 | Volume | 61,20,175 | Avg Vol 1Wk | 33,87,238 |
| Low price | 1,303 ₹ | High price | 1,780 ₹ | PEG Ratio | 8.93 | Debt to equity | 0.03 |
| 52w Index | 66.9 % | Qtr Profit Var | 4.42 % | EPS | 42.6 ₹ | Industry PE | 24.8 |
📊 Analysis: HCLTECH is fundamentally strong with high ROCE and ROE, but intraday momentum is weak due to RSI at 39.7 (oversold zone) and price trading below the 50 DMA (1,653 ₹). Elevated volume compared to weekly average suggests active participation, yet resistance near 1,640–1,650 ₹ may cap upside.
💹 Optimal Buy Price: 1,615–1,625 ₹ (near support zone).
🎯 Profit-Taking Levels: 1,640 ₹ (first target), 1,655 ₹ (second target).
🛡️ Stop-Loss: 1,605 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 1,640 ₹ or if RSI remains below 40 with weakening MACD. Heavy volume without price breakout also signals exit.
✅ Positive
- Strong ROCE (43.1%) and ROE (32.6%) highlight efficient capital use.
- Low debt-to-equity (0.03) ensures financial stability.
- Dividend yield of 3.33% adds investor confidence.
- Quarterly PAT growth from 2,657 Cr. to 3,682 Cr. shows earnings momentum.
⚠️ Limitation
- High P/E (35.9) compared to industry average (24.8) suggests overvaluation.
- PEG ratio of 8.93 indicates expensive growth prospects.
- RSI near oversold zone reflects weak momentum for intraday trades.
📉 Company Negative News
- FII holding decreased by -0.43%, showing reduced foreign investor confidence.
📈 Company Positive News
- DII holding increased by 0.57%, reflecting domestic institutional support.
- Quarterly profit growth of 4.42% adds strength to fundamentals.
🏭 Industry
- IT sector remains resilient but faces global macroeconomic challenges.
- Industry P/E at 24.8 indicates sector valuations are relatively lower than HCLTECH’s.
🔎 Conclusion
HCLTECH is fundamentally strong but intraday trade setup is moderately favorable. Traders may attempt quick scalps near support levels with tight stop-losses. Momentum indicators suggest caution, so profit booking should be swift if resistance levels are tested.