HFCL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.2
| Stock Code | HFCL | Market Cap | 10,580 Cr. | Current Price | 68.9 ₹ | High / Low | 105 ₹ |
| Stock P/E | 3,918 | Book Value | 26.1 ₹ | Dividend Yield | 0.15 % | ROCE | 7.90 % |
| ROE | 5.00 % | Face Value | 1.00 ₹ | DMA 50 | 67.1 ₹ | DMA 200 | 76.5 ₹ |
| Chg in FII Hold | 0.00 % | Chg in DII Hold | -4.50 % | PAT Qtr | 56.2 Cr. | PAT Prev Qtr | 61.4 Cr. |
| RSI | 56.9 | MACD | 0.22 | Volume | 2,59,88,180 | Avg Vol 1Wk | 2,41,55,051 |
| Low price | 59.8 ₹ | High price | 105 ₹ | PEG Ratio | -335 | Debt to equity | 0.34 |
| 52w Index | 20.0 % | Qtr Profit Var | -28.4 % | EPS | 0.00 ₹ | Industry PE | 16.6 |
📊 Analysis: HFCL shows weak fundamentals with extremely high P/E (3,918) and negative PEG ratio (-335), indicating poor valuation metrics. ROCE (7.9%) and ROE (5.0%) are modest, while quarterly profit declined from 61.4 Cr. to 56.2 Cr. Intraday momentum is neutral-to-slightly positive with RSI at 56.9 and MACD at 0.22. Price is trading above 50 DMA (67.1 ₹) but below 200 DMA (76.5 ₹), suggesting short-term support but long-term weakness. Elevated volume compared to weekly average indicates active trading interest, making it moderately suitable for intraday scalping.
💹 Optimal Buy Price: 68–69 ₹ (near current support zone).
🎯 Profit-Taking Levels: 71 ₹ (first target), 74 ₹ (second target).
🛡️ Stop-Loss: 67 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 71 ₹ or if volume spikes without price breakout. Weak fundamentals and declining profits suggest caution, so profit booking should be swift near resistance levels.
✅ Positive
- Price trading above 50 DMA (67.1 ₹) provides short-term support.
- Strong trading volume (2.59 Cr.) compared to weekly average indicates active participation.
- Debt-to-equity ratio of 0.34 is manageable.
⚠️ Limitation
- Extremely high P/E (3,918) compared to industry average (16.6) signals overvaluation.
- Negative PEG ratio (-335) highlights poor growth prospects.
- EPS at 0.00 ₹ reflects weak earnings performance.
- ROCE (7.9%) and ROE (5.0%) are modest.
📉 Company Negative News
- DII holding decreased by -4.50%, showing reduced domestic institutional confidence.
- Quarterly PAT declined from 61.4 Cr. to 56.2 Cr., with profit variation of -28.4%.
📈 Company Positive News
- Stable FII holding (0.00%) indicates no foreign exit pressure.
- Price near support levels may attract short-term traders.
🏭 Industry
- Telecom and optical fiber industry remains competitive with moderate growth outlook.
- Industry P/E at 16.6 highlights HFCL’s stretched valuation compared to peers.
🔎 Conclusion
HFCL is fundamentally weak but offers moderate intraday trading opportunities due to strong volume and short-term support near 68 ₹. Traders should adopt a cautious approach with tight stop-losses and quick profit booking, as long-term fundamentals remain unfavorable.