INDIANB - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.1
| Stock Code | INDIANB | Market Cap | 1,18,136 Cr. | Current Price | 877 ₹ | High / Low | 923 ₹ |
| Stock P/E | 9.83 | Book Value | 581 ₹ | Dividend Yield | 1.85 % | ROCE | 6.38 % |
| ROE | 17.1 % | Face Value | 10.0 ₹ | DMA 50 | 840 ₹ | DMA 200 | 740 ₹ |
| Chg in FII Hold | 0.96 % | Chg in DII Hold | -0.80 % | PAT Qtr | 3,061 Cr. | PAT Prev Qtr | 3,018 Cr. |
| RSI | 55.4 | MACD | 12.4 | Volume | 20,22,807 | Avg Vol 1Wk | 23,64,027 |
| Low price | 478 ₹ | High price | 923 ₹ | PEG Ratio | 0.24 | Debt to equity | 10.7 |
| 52w Index | 89.6 % | Qtr Profit Var | 7.33 % | EPS | 89.2 ₹ | Industry PE | 7.88 |
📈 Optimal Buy Price: 870–877 ₹ (near current support and above 50 DMA)
💰 Profit-Taking Levels: 900–915 ₹ (short-term resistance zone, close to recent high)
🛡️ Stop-Loss: 860 ₹ (below immediate support)
⏳ Exit Strategy if Already Holding: Exit if price fails to sustain above 877 ₹ with weakening volume or if RSI drops below 54. Hold until 900–915 ₹ if momentum indicators remain positive and volume strengthens.
Positive
- Strong EPS of 89.2 ₹ reflects solid profitability.
- Quarterly PAT increased from 3,018 Cr. to 3,061 Cr., showing earnings growth.
- Stock trading above both 50 DMA (840 ₹) and 200 DMA (740 ₹), indicating technical strength.
- MACD at 12.4 shows bullish crossover, supporting upward momentum.
- PEG ratio of 0.24 suggests undervaluation relative to growth.
- Dividend yield of 1.85% provides consistent shareholder returns.
Limitation
- ROCE at 6.38% is relatively weak compared to peers.
- Debt-to-equity ratio of 10.7 highlights significant leverage risk.
- Trading volume (20.2 lakh) is slightly lower than 1-week average (23.6 lakh), showing reduced intraday participation.
Company Negative News
- DII holdings declined (-0.80%), reflecting reduced domestic institutional confidence.
- High leverage could limit flexibility in future expansion.
Company Positive News
- FII holdings increased (+0.96%), signaling foreign investor confidence.
- Quarterly profit growth (+7.33%) supports investor sentiment.
Industry
- Industry PE at 7.88 vs stock PE of 9.83 shows INDIANB trading at a slight premium.
- Banking sector remains resilient with strong credit demand and liquidity support.
Conclusion
⚡ INDIANB shows strong intraday potential with bullish MACD, support above key moving averages, and earnings growth. Buy near 870–877 ₹, target 900–915 ₹ for profit-taking, and protect downside with a stop-loss at 860 ₹. If already holding, monitor RSI and volume closely, exiting if price weakens below 877 ₹ or momentum indicators turn bearish.