JIOFIN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.0
| Stock Code | JIOFIN | Market Cap | 1,70,232 Cr. | Current Price | 268 ₹ | High / Low | 339 ₹ |
| Stock P/E | 244 | Book Value | 45.9 ₹ | Dividend Yield | 0.19 % | ROCE | 2.64 % |
| ROE | 2.22 % | Face Value | 10.0 ₹ | DMA 50 | 282 ₹ | DMA 200 | 294 ₹ |
| Chg in FII Hold | -0.30 % | Chg in DII Hold | 0.58 % | PAT Qtr | 73.1 Cr. | PAT Prev Qtr | 456 Cr. |
| RSI | 47.2 | MACD | -10.1 | Volume | 1,57,48,208 | Avg Vol 1Wk | 2,02,70,109 |
| Low price | 199 ₹ | High price | 339 ₹ | PEG Ratio | 5.05 | Debt to equity | 0.00 |
| 52w Index | 49.6 % | Qtr Profit Var | -2.79 % | EPS | 1.10 ₹ | Industry PE | 23.5 |
📊 Analysis: JIOFIN is trading at ₹268, below both its 50 DMA (₹282) and 200 DMA (₹294), reflecting short-term weakness. RSI at 47.2 indicates neutral momentum, while MACD at -10.1 signals bearish undertone. Current volume (1.57 crore) is lower than the 1-week average (2.02 crore), suggesting reduced intraday participation. Fundamentals remain weak with ROCE 2.64% and ROE 2.22%, while extremely high P/E (244 vs industry 23.5) and PEG ratio (5.05) highlight overvaluation concerns. Intraday trades should be approached cautiously with tight stop-losses.
💡 Optimal Buy Price: ₹265–₹270 (near support zone).
🎯 Profit-Taking Levels: ₹276–₹280 (short-term resistance).
🛡️ Stop-Loss: ₹260 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹268 with weakening momentum or if volume continues to decline. If intraday rebound occurs, consider booking profits around ₹276–₹280. Avoid holding beyond resistance unless strong breakout signals appear with volume confirmation.
✅ Positive
- Debt-to-equity ratio of 0.00 ensures no leverage risk.
- DII holdings increased (+0.58%), showing domestic institutional support.
- EPS of ₹1.10 reflects profitability despite sector challenges.
- Stock trading well above 52-week low (₹199), offering support reference.
⚠️ Limitation
- Trading below both 50 DMA and 200 DMA.
- MACD negative (-10.1), signaling bearish momentum.
- Extremely high P/E (244) compared to industry PE (23.5), suggesting severe overvaluation.
- Low ROCE (2.64%) and ROE (2.22%) reflect poor efficiency.
- Volume lower than 1-week average, limiting intraday strength.
📉 Company Negative News
- Quarterly PAT declined sharply (₹73.1 Cr vs ₹456 Cr).
- Quarterly profit variation shows -2.79% decline.
- FII holdings decreased (-0.30%), showing reduced foreign investor confidence.
📈 Company Positive News
- DII stake increase reflects domestic institutional confidence.
- Debt-free balance sheet provides financial stability.
- Stock trading above 52-week low, showing resilience.
🏭 Industry
- Industry PE at 23.5 is far lower than JIOFIN’s PE, highlighting relative overvaluation.
- Financial services sector remains stable but sensitive to credit cycles and profitability pressures.
🔎 Conclusion
JIOFIN shows weak fundamentals and bearish technicals, making it a risky intraday candidate. 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 suitable only for tactical intraday trades rather than aggressive positions.