HEXT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | HEXT | Market Cap | 42,181 Cr. | Current Price | 691 ₹ | High / Low | 900 ₹ |
| Stock P/E | 40.8 | Book Value | 55.8 ₹ | Dividend Yield | 1.67 % | ROCE | 32.3 % |
| ROE | 25.7 % | Face Value | 1.00 ₹ | DMA 50 | 726 ₹ | DMA 200 | 707 ₹ |
| Chg in FII Hold | -0.16 % | Chg in DII Hold | 0.18 % | PAT Qtr | 271 Cr. | PAT Prev Qtr | 328 Cr. |
| RSI | 41.2 | MACD | -10.7 | Volume | 7,41,088 | Avg Vol 1Wk | 7,10,397 |
| Low price | 590 ₹ | High price | 900 ₹ | PEG Ratio | 4.18 | Debt to equity | 0.11 |
| 52w Index | 32.5 % | Qtr Profit Var | 37.8 % | EPS | 17.0 ₹ | Industry PE | 24.8 |
📊 Analysis: HEXT shows strong fundamentals with ROCE (32.3%) and ROE (25.7%), supported by low debt-to-equity (0.11). However, intraday momentum is weak — RSI at 41.2 indicates near oversold conditions, and MACD at -10.7 signals bearish sentiment. Price is below both 50 DMA (726 ₹) and 200 DMA (707 ₹), reflecting short-term weakness. Volume is slightly above weekly average, suggesting active participation. Intraday trading is moderately favorable only for cautious scalps near support levels.
💹 Optimal Buy Price: 685–695 ₹ (near support zone).
🎯 Profit-Taking Levels: 710 ₹ (first target), 725 ₹ (second target).
🛡️ Stop-Loss: 675 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 710 ₹ 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 (32.3%) and ROE (25.7%) highlight efficient capital use.
- Low debt-to-equity (0.11) ensures financial stability.
- Dividend yield of 1.67% adds investor confidence.
- EPS of 17.0 ₹ supports valuation strength.
⚠️ Limitation
- High P/E (40.8) compared to industry average (24.8) suggests overvaluation.
- PEG ratio of 4.18 indicates expensive growth prospects.
- Price trading below both 50 DMA and 200 DMA reflects weak technicals.
- RSI and MACD show bearish momentum.
📉 Company Negative News
- FII holding decreased by -0.16%, showing reduced foreign investor confidence.
- PAT declined from 328 Cr. to 271 Cr., reflecting earnings pressure.
📈 Company Positive News
- DII holding increased by 0.18%, reflecting domestic institutional support.
- Quarterly profit variation of 37.8% indicates strong earnings growth trend despite recent decline.
🏭 Industry
- IT services sector remains resilient but faces global macroeconomic challenges.
- Industry P/E at 24.8 is lower than HEXT’s 40.8, suggesting premium valuation.
🔎 Conclusion
HEXT is fundamentally strong but intraday trade setup is weak due to bearish momentum indicators. 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.