HINDZINC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | HINDZINC | Market Cap | 2,70,061 Cr. | Current Price | 639 ₹ | High / Low | 733 ₹ |
| Stock P/E | 23.1 | Book Value | 32.2 ₹ | Dividend Yield | 4.54 % | ROCE | 60.7 % |
| ROE | 72.4 % | Face Value | 2.00 ₹ | DMA 50 | 604 ₹ | DMA 200 | 517 ₹ |
| Chg in FII Hold | 0.22 % | Chg in DII Hold | -0.24 % | PAT Qtr | 3,860 Cr. | PAT Prev Qtr | 2,632 Cr. |
| RSI | 50.8 | MACD | 9.62 | Volume | 1,17,65,288 | Avg Vol 1Wk | 3,96,85,127 |
| Low price | 378 ₹ | High price | 733 ₹ | PEG Ratio | 9.04 | Debt to equity | 0.82 |
| 52w Index | 73.6 % | Qtr Profit Var | 45.8 % | EPS | 27.7 ₹ | Industry PE | 49.8 |
📊 Analysis: Hindustan Zinc (HINDZINC) shows strong fundamentals with exceptional ROCE (60.7%) and ROE (72.4%), supported by a healthy dividend yield (4.54%). RSI at 50.8 indicates neutral momentum, while MACD at 9.62 signals bullish sentiment. Price is trading above both 50 DMA (604 ₹) and 200 DMA (517 ₹), reflecting strong technical support. Quarterly PAT surged from 2,632 Cr. to 3,860 Cr., showing robust earnings growth. Volume is lower than weekly average, suggesting reduced participation, but overall intraday setup looks favorable.
💹 Optimal Buy Price: 635–645 ₹ (near support zone).
🎯 Profit-Taking Levels: 655 ₹ (first target), 670 ₹ (second target).
🛡️ Stop-Loss: 625 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 655 ₹ or if RSI weakens below 50. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels around 670 ₹.
✅ Positive
- Strong ROCE (60.7%) and ROE (72.4%) highlight excellent efficiency.
- Dividend yield of 4.54% adds investor confidence.
- Quarterly PAT growth from 2,632 Cr. to 3,860 Cr. shows strong earnings momentum.
- Price trading above both 50 DMA and 200 DMA indicates technical strength.
- FII holding increased by 0.22%, reflecting foreign investor support.
⚠️ Limitation
- PEG ratio of 9.04 suggests expensive growth prospects.
- Debt-to-equity ratio of 0.82 is relatively high.
- Volume lower than weekly average may limit intraday momentum.
📉 Company Negative News
- DII holding decreased by -0.24%, showing reduced domestic institutional confidence.
📈 Company Positive News
- Quarterly profit variation of 45.8% highlights strong earnings growth.
- FII holding increased, signaling foreign support.
🏭 Industry
- Metals and mining sector remains cyclical but benefits from global demand recovery.
- Industry P/E at 49.8 is higher than HINDZINC’s 23.1, suggesting relative undervaluation.
🔎 Conclusion
HINDZINC is fundamentally strong and technically supported, making it a good candidate for intraday trading. Traders may enter near support levels with tight stop-losses and aim for quick profit booking around resistance. Momentum indicators favor bullish trades, but caution is advised due to high debt levels and lower-than-average volume.