IGL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | IGL | Market Cap | 22,032 Cr. | Current Price | 157 ₹ | High / Low | 229 ₹ |
| Stock P/E | 15.3 | Book Value | 70.0 ₹ | Dividend Yield | 2.70 % | ROCE | 20.8 % |
| ROE | 15.7 % | Face Value | 2.00 ₹ | DMA 50 | 171 ₹ | DMA 200 | 192 ₹ |
| Chg in FII Hold | -0.21 % | Chg in DII Hold | 0.09 % | PAT Qtr | 359 Cr. | PAT Prev Qtr | 373 Cr. |
| RSI | 38.6 | MACD | -4.67 | Volume | 17,37,685 | Avg Vol 1Wk | 30,22,780 |
| Low price | 152 ₹ | High price | 229 ₹ | PEG Ratio | 4.55 | Debt to equity | 0.01 |
| 52w Index | 6.81 % | Qtr Profit Var | 25.4 % | EPS | 10.3 ₹ | Industry PE | 14.4 |
📉 Analysis: IGL is trading at 157 ₹, below its 50 DMA (171 ₹) and 200 DMA (192 ₹), showing medium-term weakness. RSI at 38.6 indicates oversold conditions, while MACD at -4.67 confirms bearish momentum. Volume (17.3 lakh) is well below weekly average (30.2 lakh), suggesting weak intraday participation. Price action is near support (152 – 155 ₹), offering scope for a short-term bounce but with limited conviction.
💰 Optimal Buy Price: 155 – 157 ₹ (near support zone)
🎯 Profit Exit Levels: 162 ₹ (minor resistance), 166 ₹ (next resistance)
🛑 Stop-Loss: 152 ₹ (support breach)
📊 If Already Holding: Consider exiting intraday near 162 – 166 ₹ if momentum indicators flatten. If price fails to hold above 155 ₹ with weak volume, exit early to protect capital.
✅ Positive
- Strong ROCE (20.8%) and ROE (15.7%) indicate solid efficiency and profitability.
- Dividend yield of 2.70% provides investor support.
- Debt-to-equity ratio at 0.01 shows virtually debt-free balance sheet.
⚠️ Limitation
- PEG ratio of 4.55 indicates poor growth-adjusted value.
- Price trading below DMA levels shows weak medium-term trend.
- Volume significantly below average limits intraday breakout potential.
📰 Company Negative News
- PAT declined from 373 Cr. to 359 Cr. (-25.4%), showing earnings pressure.
- FII holdings decreased (-0.21%), showing reduced foreign investor confidence.
🌟 Company Positive News
- DII holdings increased (+0.09%), providing domestic institutional support.
- EPS at 10.3 ₹ reflects consistent profitability.
🏭 Industry
- Industry PE at 14.4 is slightly lower than IGL’s 15.3, suggesting mild overvaluation.
- City gas distribution sector remains cyclical, with investor focus on demand growth, regulatory clarity, and crude-linked input costs.
📌 Conclusion
Intraday setup for IGL is weak with bearish momentum and low volume despite strong fundamentals. Aggressive traders may attempt entries near 155 – 157 ₹ with stop-loss at 152 ₹, targeting 162 – 166 ₹. Conservative traders should avoid intraday trades until momentum indicators strengthen and price action confirms reversal. Medium-term outlook remains stable given strong ROE, ROCE, and dividend yield despite earnings decline.
Selva, since IGL is a city gas distribution player, do you want me to prepare a peer benchmarking overlay comparing it with MGL, Gujarat Gas, and Adani Total Gas? That would highlight relative strength and rotation opportunities for compounding setups.