HINDZINC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | HINDZINC | Market Cap | 2,27,027 Cr. | Current Price | 537 ₹ | High / Low | 733 ₹ |
| Stock P/E | 19.4 | Book Value | 32.2 ₹ | Dividend Yield | 5.39 % | ROCE | 60.7 % |
| ROE | 72.4 % | Face Value | 2.00 ₹ | DMA 50 | 591 ₹ | DMA 200 | 535 ₹ |
| Chg in FII Hold | 0.22 % | Chg in DII Hold | -0.24 % | PAT Qtr | 3,860 Cr. | PAT Prev Qtr | 2,632 Cr. |
| RSI | 36.0 | MACD | -17.8 | Volume | 67,10,309 | Avg Vol 1Wk | 62,93,019 |
| Low price | 385 ₹ | High price | 733 ₹ | PEG Ratio | 7.60 | Debt to equity | 0.82 |
| 52w Index | 43.8 % | Qtr Profit Var | 45.8 % | EPS | 27.7 ₹ | Industry PE | 49.2 |
📊 Analysis: HINDZINC is trading at ₹537, below its 50 DMA (₹591) but slightly above its 200 DMA (₹535), showing mixed signals. RSI at 36.0 indicates oversold conditions, while MACD (-17.8) remains negative, confirming bearish momentum. Current volume (67.1 Lakh) is slightly above the weekly average (62.9 Lakh), showing active intraday participation. Valuation is moderate with a P/E of 19.4 compared to industry PE of 49.2, supported by strong quarterly profit growth.
💡 Optimal Buy Price: ₹530–₹535 if support holds.
🎯 Profit-Taking Levels: ₹550 (first resistance), ₹565 (second resistance).
🛡️ Stop-Loss: ₹520 (below intraday support).
⏱️ If Already Holding: Exit near ₹550 if momentum stalls or RSI fails to cross 40 intraday. If price breaks below ₹520 with volume, cut positions quickly to protect capital.
Positive
- Strong ROCE (60.7%) and ROE (72.4%) highlight exceptional capital efficiency.
- Dividend yield of 5.39% adds investor confidence.
- Quarterly PAT growth from ₹2,632 Cr. to ₹3,860 Cr. shows strong earnings momentum.
- EPS of ₹27.7 supports valuation strength.
- FII holdings increased (+0.22%), showing foreign investor support.
Limitation
- Trading below 50 DMA signals short-term weakness.
- PEG ratio of 7.60 indicates overvaluation relative to growth.
- Debt-to-equity ratio of 0.82 is relatively high compared to peers.
- DII holding decreased (-0.24%), showing reduced domestic institutional confidence.
Company Negative News
- MACD remains negative, showing bearish momentum.
- Stock corrected sharply from 52-week high of ₹733 to current levels.
Company Positive News
- Quarterly profit variation of 45.8% indicates strong earnings recovery.
- Trading above 200 DMA shows medium-term strength.
Industry
- Metals sector benefits from global demand recovery but faces commodity price volatility.
- Industry PE at 49.2 indicates HINDZINC trades at a discount compared to peers.
Conclusion
⚖️ HINDZINC has strong fundamentals and robust profit growth but weak intraday momentum. It is a cautious intraday candidate with limited upside unless RSI recovers and MACD turns positive. Best suited for quick trades near support levels with strict stop-loss discipline.
Selva, this one looks like a discounted valuation play with strong fundamentals but weak intraday signals. If you’d like, I can prepare a peer benchmarking overlay (Vedanta, Hindalco, NMDC) to compare intraday strength across the metals basket. That way, you’ll know if HINDZINC is lagging or leading its sector peers today. Would you like me to generate that comparison?