HONAUT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | HONAUT | Market Cap | 29,289 Cr. | Current Price | 33,062 ₹ | High / Low | 41,600 ₹ |
| Stock P/E | 57.1 | Book Value | 4,738 ₹ | Dividend Yield | 0.32 % | ROCE | 18.4 % |
| ROE | 13.7 % | Face Value | 10.0 ₹ | DMA 50 | 33,720 ₹ | DMA 200 | 36,200 ₹ |
| Chg in FII Hold | 0.46 % | Chg in DII Hold | -0.46 % | PAT Qtr | 129 Cr. | PAT Prev Qtr | 120 Cr. |
| RSI | 48.6 | MACD | -187 | Volume | 2,657 | Avg Vol 1Wk | 6,110 |
| Low price | 30,590 ₹ | High price | 41,600 ₹ | PEG Ratio | 3.66 | Debt to equity | 0.02 |
| 52w Index | 22.4 % | Qtr Profit Var | -2.51 % | EPS | 571 ₹ | Industry PE | 29.4 |
📊 Analysis: HONAUT shows moderate fundamentals with ROCE (18.4%) and ROE (13.7%), supported by very low debt-to-equity (0.02). However, intraday momentum is weak — RSI at 48.6 indicates neutral sentiment, and MACD at -187 signals bearish pressure. Price is trading below both 50 DMA (33,720 ₹) and 200 DMA (36,200 ₹), reflecting short-term weakness. Volume is significantly lower than weekly average, suggesting limited participation. Intraday trading is moderately risky and suitable only for cautious scalps with tight stop-losses.
💹 Optimal Buy Price: 32,900–33,100 ₹ (near support zone).
🎯 Profit-Taking Levels: 33,400 ₹ (first target), 33,700 ₹ (second target).
🛡️ Stop-Loss: 32,700 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 33,400 ₹ or if MACD weakness deepens. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels around 33,700 ₹.
✅ Positive
- Debt-to-equity ratio of 0.02 ensures strong financial stability.
- EPS of 571 ₹ supports valuation strength.
- FII holding increased by 0.46%, reflecting foreign investor confidence.
- Quarterly PAT improved slightly from 120 Cr. to 129 Cr.
⚠️ Limitation
- High P/E (57.1) compared to industry average (29.4) suggests overvaluation.
- PEG ratio of 3.66 indicates expensive growth prospects.
- Price trading below both 50 DMA and 200 DMA reflects weak technicals.
- Volume significantly lower than weekly average may limit intraday momentum.
📉 Company Negative News
- DII holding decreased by -0.46%, showing reduced domestic institutional support.
- Quarterly profit variation of -2.51% indicates slight earnings decline.
📈 Company Positive News
- FII holding increased, signaling foreign support.
- EPS remains strong at 571 ₹, reflecting profitability.
🏭 Industry
- Automation and industrial technology sector remains resilient with steady demand.
- Industry P/E at 29.4 is significantly lower than HONAUT’s 57.1, suggesting premium valuation.
🔎 Conclusion
HONAUT is fundamentally stable but technically weak for intraday trading. 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 by bearish MACD and low trading volume.