IKS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | IKS | Market Cap | 23,240 Cr. | Current Price | 1,350 ₹ | High / Low | 1,876 ₹ |
| Stock P/E | 46.7 | Book Value | 86.2 ₹ | Dividend Yield | 0.00 % | ROCE | 35.0 % |
| ROE | 32.3 % | Face Value | 1.00 ₹ | DMA 50 | 1,509 ₹ | DMA 200 | 1,599 ₹ |
| Chg in FII Hold | 0.54 % | Chg in DII Hold | 1.17 % | PAT Qtr | 146 Cr. | PAT Prev Qtr | 138 Cr. |
| RSI | 37.4 | MACD | -70.7 | Volume | 2,46,814 | Avg Vol 1Wk | 2,34,173 |
| Low price | 1,226 ₹ | High price | 1,876 ₹ | PEG Ratio | 2.69 | Debt to equity | 0.07 |
| 52w Index | 19.0 % | Qtr Profit Var | 76.7 % | EPS | 29.0 ₹ | Industry PE | 23.1 |
📊 Analysis: IKS shows weak intraday momentum with RSI at 37.4 (oversold zone) and MACD at -70.7 (bearish). Price is trading below both 50 DMA (1,509 ₹) and 200 DMA (1,599 ₹), indicating short-term weakness. Volume is slightly above average, suggesting active participation. Fundamentals are strong (ROE 32.3%, ROCE 35.0%), but high P/E (46.7 vs industry 23.1) and weak intraday signals make it a cautious candidate for scalping trades.
💰 Optimal Buy Price: 1,330–1,350 ₹ (near support, above 1,226 ₹ low).
🎯 Profit Exit Levels: 1,380 ₹ (first resistance), 1,420 ₹ (second resistance).
🛡️ Stop-Loss: 1,310 ₹ (below intraday support).
📈 If Already Holding: Exit near 1,380–1,420 ₹ if momentum indicators show reversal with strong volume. If price fails to sustain above 1,330 ₹, consider exiting to protect capital.
✅ Positive
- Strong ROCE (35.0%) and ROE (32.3%)
- Low debt-to-equity ratio (0.07)
- EPS at 29.0 ₹ supports earnings visibility
- FII holding increased (+0.54%)
- DII holding increased (+1.17%)
⚠️ Limitation
- RSI at 37.4 shows weak momentum
- MACD negative, bearish trend
- Trading below 50 DMA and 200 DMA
- High P/E at 46.7 compared to industry PE of 23.1
📉 Company Negative News
- High valuation relative to peers
- Intraday technicals remain weak
📈 Company Positive News
- PAT improved (146 Cr vs 138 Cr)
- Quarterly profit variation at +76.7%
- Institutional interest rising (FII & DII holdings up)
🏭 Industry
- Industry PE at 23.1 vs IKS PE at 46.7 (stock appears overvalued)
- Sector showing steady growth with 52-week index at 19%
🔎 Conclusion
IKS is fundamentally strong with rising profits and institutional interest, but intraday momentum is weak. Suitable only for cautious trades near support with strict stop-loss. Best for short scalps today rather than aggressive intraday positions.
Would you like me to extend this into a peer benchmarking overlay (KPIT Tech, Tata Elxsi, Persistent Systems) so you can compare IKS’s intraday setup against sector peers for confirmation signals?