HINDPETRO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.3
| Stock Code | HINDPETRO | Market Cap | 74,325 Cr. | Current Price | 349 ₹ | High / Low | 508 ₹ |
| Stock P/E | 4.76 | Book Value | 244 ₹ | Dividend Yield | 3.01 % | ROCE | 11.8 % |
| ROE | 16.9 % | Face Value | 10.0 ₹ | DMA 50 | 424 ₹ | DMA 200 | 428 ₹ |
| Chg in FII Hold | 1.87 % | Chg in DII Hold | -1.60 % | PAT Qtr | 4,072 Cr. | PAT Prev Qtr | 3,830 Cr. |
| RSI | 25.1 | MACD | -24.4 | Volume | 95,31,594 | Avg Vol 1Wk | 1,10,53,823 |
| Low price | 324 ₹ | High price | 508 ₹ | PEG Ratio | 0.86 | Debt to equity | 1.16 |
| 52w Index | 13.7 % | Qtr Profit Var | 34.7 % | EPS | 73.4 ₹ | Industry PE | 13.7 |
📊 Analysis: HINDPETRO is trading at ₹349, well below its 50 DMA (₹424) and 200 DMA (₹428), reflecting strong short-term weakness. RSI at 25.1 indicates oversold conditions, while MACD (-24.4) remains negative, confirming bearish momentum. Current volume (95.3 Lakh) is lower than the weekly average (1.10 Cr.), showing reduced intraday participation. Valuation is attractive with a P/E of 4.76 compared to industry PE of 13.7, supported by strong quarterly profit growth.
💡 Optimal Buy Price: ₹342–₹346 if support holds.
🎯 Profit-Taking Levels: ₹360 (first resistance), ₹375 (second resistance).
🛡️ Stop-Loss: ₹335 (below intraday support).
⏱️ If Already Holding: Exit near ₹360 if momentum stalls or RSI fails to cross 30 intraday. If price breaks below ₹335 with volume, cut positions quickly to protect capital.
Positive
- Strong ROE (16.9%) and ROCE (11.8%) highlight efficient capital use.
- PEG ratio of 0.86 suggests attractive valuation relative to growth.
- Quarterly PAT growth from ₹3,830 Cr. to ₹4,072 Cr. shows earnings improvement.
- Dividend yield of 3.01% adds investor confidence.
- FII holdings increased (+1.87%), showing foreign investor support.
Limitation
- Trading far below DMA levels signals weak trend strength.
- High debt-to-equity ratio (1.16) compared to peers.
- DII holding decreased (-1.60%), showing reduced domestic institutional confidence.
- RSI and MACD remain in bearish zones.
Company Negative News
- Stock corrected sharply from 52-week high of ₹508 to current levels.
- Weak technical momentum with oversold RSI and negative MACD.
Company Positive News
- Quarterly profit variation of 34.7% indicates strong earnings momentum.
- EPS of ₹73.4 supports valuation strength.
Industry
- Oil & gas sector benefits from global energy demand but faces volatility in crude prices.
- Industry PE at 13.7 indicates HINDPETRO trades at a discount compared to peers.
Conclusion
⚖️ HINDPETRO has strong fundamentals and attractive valuation but weak intraday momentum. It is a cautious intraday candidate with limited upside unless RSI recovers and volume improves. Best suited for speculative quick trades near support levels with strict stop-loss discipline.
Selva, this one looks like a deeply oversold but fundamentally strong setup. If you’d like, I can prepare a peer benchmarking overlay (BPCL, IOC, ONGC) to compare intraday strength across the oil & gas basket. That way, you’ll know if HINDPETRO is lagging or leading its sector peers today. Would you like me to generate that comparison?