IKS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | IKS | Market Cap | 27,633 Cr. | Current Price | 1,609 ₹ | High / Low | 1,929 ₹ |
| Stock P/E | 63.7 | Book Value | 86.2 ₹ | Dividend Yield | 0.00 % | ROCE | 35.0 % |
| ROE | 32.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,641 ₹ | DMA 200 | 1,638 ₹ |
| Chg in FII Hold | 0.54 % | Chg in DII Hold | 1.17 % | PAT Qtr | 138 Cr. | PAT Prev Qtr | 113 Cr. |
| RSI | 45.3 | MACD | -20.0 | Volume | 1,14,321 | Avg Vol 1Wk | 1,54,502 |
| Low price | 1,226 ₹ | High price | 1,929 ₹ | PEG Ratio | 3.67 | Debt to equity | 0.07 |
| 52w Index | 54.5 % | Qtr Profit Var | 50.2 % | EPS | 25.3 ₹ | Industry PE | 25.9 |
📊 Analysis: IKS is trading at ₹1,609, slightly below its 50 DMA (₹1,641) and 200 DMA (₹1,638), showing mild weakness. RSI at 45.3 indicates neutral momentum, while MACD at -20.0 signals bearish undertone. Current volume (1.14 lakh) is lower than the 1-week average (1.54 lakh), suggesting reduced intraday participation. Fundamentals remain strong with ROCE 35% and ROE 32.3%, but high P/E (63.7 vs industry 25.9) and PEG ratio (3.67) suggest overvaluation. Intraday trading opportunities exist for cautious traders near support levels.
💡 Optimal Buy Price: ₹1,600–₹1,610 (near support zone).
🎯 Profit-Taking Levels: ₹1,635–₹1,645 (short-term resistance).
🛡️ Stop-Loss: ₹1,585 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹1,610 with weakening momentum or if volume continues to decline. If intraday rebound occurs, consider booking profits around ₹1,635–₹1,645. Avoid holding beyond resistance unless strong breakout signals appear.
✅ Positive
- Strong ROCE (35%) and ROE (32.3%) indicate efficient capital use.
- Low debt-to-equity ratio (0.07) ensures financial stability.
- Quarterly PAT growth (₹138 Cr vs ₹113 Cr) shows improving profitability.
- Institutional support with FII (+0.54%) and DII (+1.17%) stake increases.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA.
- MACD negative (-20.0), signaling bearish momentum.
- High P/E (63.7) compared to industry PE (25.9), suggesting overvaluation.
- Volume lower than 1-week average, limiting intraday strength.
📉 Company Negative News
- Stock corrected from 52-week high of ₹1,929 to current ₹1,609.
- High PEG ratio (3.67) reflects weak growth relative to valuation.
📈 Company Positive News
- EPS of ₹25.3 reflects strong earnings capability.
- Quarterly profit variation shows 50.2% growth YoY.
- Institutional investors increasing stake, supporting confidence.
🏭 Industry
- Industry PE at 25.9 is much lower than IKS’s PE, highlighting relative overvaluation.
- Sector outlook remains positive with growth opportunities, but valuations are stretched.
🔎 Conclusion
IKS shows strong fundamentals but weak technicals in the short term. For intraday trading, cautious buying near support with tight stop-loss is advisable. Quick profit booking around resistance levels is optimal, as momentum indicators remain bearish. The stock is better suited for tactical trades rather than aggressive intraday positions.