HEXT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | HEXT | Market Cap | 26,419 Cr. | Current Price | 432 ₹ | High / Low | 900 ₹ |
| Stock P/E | 31.0 | Book Value | 53.3 ₹ | Dividend Yield | 2.66 % | ROCE | 33.4 % |
| ROE | 26.6 % | Face Value | 1.00 ₹ | DMA 50 | 558 ₹ | DMA 200 | 654 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.18 % | PAT Qtr | 142 Cr. | PAT Prev Qtr | 271 Cr. |
| RSI | 32.6 | MACD | -50.1 | Volume | 32,45,692 | Avg Vol 1Wk | 16,35,909 |
| Low price | 400 ₹ | High price | 900 ₹ | PEG Ratio | 4.16 | Debt to equity | 0.13 |
| 52w Index | 6.35 % | Qtr Profit Var | -27.7 % | EPS | 12.8 ₹ | Industry PE | 20.9 |
📊 Analysis: HEXT is trading at ₹432, well below its 50 DMA (₹558) and 200 DMA (₹654), reflecting strong short-term weakness. RSI at 32.6 indicates oversold conditions, but MACD (-50.1) remains negative, confirming bearish momentum. Current volume (32.4 Lakh) is higher than the weekly average (16.3 Lakh), showing strong intraday participation, but the trend remains weak. Valuation is expensive with a P/E of 31.0 compared to industry PE of 20.9, and quarterly profit has declined sharply.
💡 Optimal Buy Price: ₹425–₹430 if support holds.
🎯 Profit-Taking Levels: ₹445 (first resistance), ₹460 (second resistance).
🛡️ Stop-Loss: ₹418 (below intraday support).
⏱️ If Already Holding: Exit near ₹445 if momentum stalls or RSI fails to cross 35 intraday. If price breaks below ₹418 with volume, cut positions quickly to protect capital.
Positive
- Strong ROCE (33.4%) and ROE (26.6%) highlight efficient capital use.
- Dividend yield of 2.66% adds investor confidence.
- Low debt-to-equity ratio (0.13) ensures financial stability.
- DII holdings increased (+0.18%), showing domestic institutional support.
Limitation
- Trading far below DMA levels signals weak trend strength.
- P/E (31.0) is higher than industry average (20.9), making valuation expensive.
- Quarterly PAT dropped from ₹271 Cr. to ₹142 Cr., showing earnings pressure.
- FII holding decreased (-0.16%), showing reduced foreign investor interest.
Company Negative News
- Quarterly profit variation of -27.7% highlights declining earnings momentum.
- Stock corrected sharply from 52-week high of ₹900 to current levels.
Company Positive News
- EPS of ₹12.8 supports valuation strength.
- High trading volume today suggests active intraday participation.
Industry
- IT services sector remains structurally strong but faces margin pressures.
- Industry PE at 20.9 indicates HEXT trades at a premium valuation.
Conclusion
⚖️ HEXT shows strong fundamentals but weak intraday momentum and declining earnings. It is a cautious intraday candidate with limited upside unless volume sustains and RSI recovers. Best suited for speculative quick trades near support levels with strict stop-loss discipline.
Selva, this one looks like a high-volume but weak technical setup. If you’d like, I can prepare a peer benchmarking overlay (Mphasis, Coforge, L&T Technology Services) to compare intraday strength across the IT mid-cap basket. That way, you’ll know if HEXT is lagging or leading its sector peers today. Would you like me to generate that comparison?