IGL - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.1
| Stock Code | IGL | Market Cap | 24,301 Cr. | Current Price | 174 ₹ | High / Low | 229 ₹ |
| Stock P/E | 17.8 | Book Value | 70.0 ₹ | Dividend Yield | 2.45 % | ROCE | 20.8 % |
| ROE | 15.7 % | Face Value | 2.00 ₹ | DMA 50 | 187 ₹ | DMA 200 | 200 ₹ |
| Chg in FII Hold | -0.21 % | Chg in DII Hold | 0.09 % | PAT Qtr | 373 Cr. | PAT Prev Qtr | 356 Cr. |
| RSI | 36.0 | MACD | -4.36 | Volume | 25,38,117 | Avg Vol 1Wk | 22,16,860 |
| Low price | 170 ₹ | High price | 229 ₹ | PEG Ratio | 5.29 | Debt to equity | 0.01 |
| 52w Index | 5.89 % | Qtr Profit Var | -13.6 % | EPS | 9.74 ₹ | Industry PE | 19.0 |
📈 Optimal Buy Price: 172–174 ₹ (near current support)
💰 Profit-Taking Levels: 180–185 ₹ (short-term resistance zone, close to 50 DMA)
🛡️ Stop-Loss: 168 ₹ (below immediate support)
⏳ Exit Strategy if Already Holding: Exit if price fails to sustain above 174 ₹ with weakening volume or if RSI drops below 35. Hold until 180–185 ₹ if momentum indicators improve and intraday volume strengthens.
Positive
- ROCE at 20.8% and ROE at 15.7% reflect decent profitability.
- Debt-to-equity ratio of 0.01 indicates virtually debt-free balance sheet.
- Dividend yield of 2.45% provides shareholder returns.
- Quarterly PAT at 373 Cr. shows stable earnings compared to previous quarter (356 Cr.).
- Trading volume (25.3 lakh) is slightly higher than 1-week average (22.1 lakh), indicating intraday participation.
Limitation
- RSI at 36.0 indicates weak momentum, leaning towards oversold territory.
- MACD at -4.36 shows bearish crossover, limiting upside potential.
- Current price (174 ₹) is below both 50 DMA (187 ₹) and 200 DMA (200 ₹), reflecting short-term weakness.
- PEG ratio of 5.29 signals expensive valuation relative to growth.
Company Negative News
- FII holdings declined (-0.21%), showing reduced foreign investor confidence.
- Quarterly profit variation of -13.6% may weigh on sentiment.
- Stock trading well below 52-week high (229 ₹), showing limited momentum.
Company Positive News
- DII holdings increased (+0.09%), reflecting marginal domestic institutional support.
- Strong fundamentals with low debt and healthy return ratios.
Industry
- Industry PE at 19.0 vs stock PE of 17.8 shows IGL trading at a slight discount.
- City gas distribution sector remains demand-driven, supported by energy transition trends.
Conclusion
⚡ IGL shows limited intraday potential today due to weak RSI, bearish MACD, and price trading below key moving averages. Strong fundamentals and dividend yield are positives, but momentum indicators suggest caution. Buy cautiously near 172–174 ₹ with tight stop-loss at 168 ₹, target 180–185 ₹ for profit-taking. If already holding, exit if price weakens below 174 ₹ or RSI slips under 35.