IRCON - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:03 am

IntraDay Trade Rating: 3.6

📊 Analysis: IRCON is trading below both its 50 DMA (162 ₹) and 200 DMA (176 ₹), showing short-term weakness. RSI at 37.1 indicates oversold territory, while MACD at -3.48 reflects bearish bias. Current volume (15,15,460) is slightly above average weekly volume (13,20,250), suggesting moderate intraday participation. Fundamentals remain steady with zero debt and consistent profitability, but weak technicals and declining quarterly profit variation limit intraday upside.

💡 Optimal Buy Price: Around 150–153 ₹ (near current support zone).

🎯 Profit-Taking Exit Levels: 158 ₹ (first resistance), 162–165 ₹ (DMA resistance zone).

🛡️ Stop-Loss / Loss Protection: 148 ₹ (below immediate support).

⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 153 ₹ with weak volume or if RSI drops below 36. Momentum exit can be targeted near 158–162 ₹ if volume strengthens and MACD shows recovery.

✅ Positive

• 📈 PAT growth (185 Cr. vs 151 Cr.) sequentially strong
• 💰 EPS of 7.38 ₹ supports valuation strength
• 📊 ROCE (14.7%) and ROE (11.6%) show decent returns
• 💵 Dividend yield of 1.71% adds shareholder value
• 🏦 FII holdings increased (+0.03%) and DII holdings increased (+0.04%)
• 📉 Debt-to-equity ratio at 0.00, debt-free balance sheet

⚠️ Limitation

• 📉 RSI at 37.1 indicates oversold but weak momentum
• 📊 MACD negative (-3.48), bearish bias
• 📉 Current price below DMA levels, showing technical weakness
• 📊 PEG ratio of 2.35 suggests overvaluation relative to growth

🚨 Company Negative News

• 📉 Quarterly profit variation at -8.68% shows declining earnings momentum

🌟 Company Positive News

• 📈 Sequential PAT growth despite YoY decline
• 📊 Positioned well in infrastructure and railway construction sector
• 📈 Debt-free balance sheet adds financial stability

🏭 Industry

• 📊 Industry PE at 18.8, IRCON trades slightly above at 20.8
• ⚡ Infrastructure sector benefiting from government investment and railway expansion projects
• 📈 Sector resilience reflected in long-term demand outlook

📌 Conclusion

IRCON shows moderate intraday potential with oversold RSI and sequential PAT growth, but weak MACD and DMA levels limit upside. Traders can cautiously enter near 150–153 ₹ with exits around 158–162 ₹. A tight stop-loss at 148 ₹ is recommended. Best suited for cautious intraday trades; long-term investors may continue to hold given debt-free status and sector support, though earnings momentum remains a concern.

Would you like me to extend this into a peer benchmarking overlay against other railway and infrastructure companies (like RVNL, NBCC, and L&T) to compare intraday strength, or keep the focus only on IRCON’s standalone setup?