INDGN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.8
| Stock Code | INDGN | Market Cap | 10,874 Cr. | Current Price | 453 ₹ | High / Low | 633 ₹ |
| Stock P/E | 56.0 | Book Value | 81.6 ₹ | Dividend Yield | 0.44 % | ROCE | 16.6 % |
| ROE | 12.6 % | Face Value | 2.00 ₹ | DMA 50 | 479 ₹ | DMA 200 | 525 ₹ |
| Chg in FII Hold | 0.18 % | Chg in DII Hold | 1.11 % | PAT Qtr | 34.8 Cr. | PAT Prev Qtr | 59.9 Cr. |
| RSI | 43.5 | MACD | -13.2 | Volume | 4,58,723 | Avg Vol 1Wk | 10,03,472 |
| Low price | 423 ₹ | High price | 633 ₹ | PEG Ratio | 5.38 | Debt to equity | 0.03 |
| 52w Index | 14.2 % | Qtr Profit Var | -30.3 % | EPS | 8.08 ₹ | Industry PE | 52.3 |
📉 Analysis: Indag (INDGN) is trading at 453 ₹, below its 50 DMA (479 ₹) and 200 DMA (525 ₹), showing medium-term weakness. RSI at 43.5 is neutral but leaning oversold, while MACD at -13.2 confirms bearish momentum. Volume (4.58 lakh) is significantly below weekly average (10 lakh), suggesting weak intraday participation. Price action is near support (423 ₹), offering limited bounce potential intraday.
💰 Optimal Buy Price: 448 – 452 ₹ (near support zone)
🎯 Profit Exit Levels: 460 ₹ (minor resistance), 468 ₹ (next resistance)
🛑 Stop-Loss: 442 ₹ (support breach)
📊 If Already Holding: Consider exiting intraday near 460 – 468 ₹ if momentum indicators flatten. If price fails to hold above 448 ₹ with weak volume, exit early to protect capital.
✅ Positive
- ROCE at 16.6% and ROE at 12.6% show decent efficiency.
- Debt-to-equity ratio at 0.03 indicates very low leverage.
- DII holdings increased (+1.11%), providing domestic institutional support.
⚠️ Limitation
- High P/E (56.0) compared to industry PE (52.3) suggests overvaluation.
- PEG ratio of 5.38 indicates poor growth-adjusted value.
- Price trading below DMA levels shows weak medium-term trend.
📰 Company Negative News
- PAT dropped from 59.9 Cr. to 34.8 Cr. (-30.3%), showing earnings pressure.
🌟 Company Positive News
- Minor increase in FII holdings (+0.18%) and strong DII inflows (+1.11%).
- Dividend yield of 0.44% provides modest investor support.
🏭 Industry
- Industry PE at 52.3 is slightly lower than INDGN’s, showing sector trades at high valuations overall.
- Specialty chemicals and industrial manufacturing sector remains volatile, with investor focus on margin stability and demand cycles.
📌 Conclusion
Intraday setup for INDGN is weak with bearish momentum and low volume. Aggressive traders may attempt entries near 448 – 452 ₹ with stop-loss at 442 ₹, targeting 460 – 468 ₹. Conservative traders should avoid intraday trades until momentum indicators strengthen and price action confirms reversal. Medium-term outlook remains cautious due to earnings decline and stretched valuations.
Selva, since INDGN sits in the specialty chemicals/industrial space, do you want me to prepare a peer benchmarking overlay comparing it with Aarti Industries, Deepak Nitrite, and SRF? That would highlight relative strength and rotation opportunities for compounding setups.