JKCEMENT - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | JKCEMENT | Market Cap | 44,012 Cr. | Current Price | 5,700 ₹ | High / Low | 7,566 ₹ |
| Stock P/E | 40.1 | Book Value | 833 ₹ | Dividend Yield | 0.26 % | ROCE | 14.5 % |
| ROE | 14.6 % | Face Value | 10.0 ₹ | DMA 50 | 5,705 ₹ | DMA 200 | 5,768 ₹ |
| Chg in FII Hold | -0.68 % | Chg in DII Hold | 0.75 % | PAT Qtr | 211 Cr. | PAT Prev Qtr | 176 Cr. |
| RSI | 52.7 | MACD | -29.9 | Volume | 44,949 | Avg Vol 1Wk | 1,07,369 |
| Low price | 4,219 ₹ | High price | 7,566 ₹ | PEG Ratio | 9.37 | Debt to equity | 0.99 |
| 52w Index | 44.3 % | Qtr Profit Var | 5.47 % | EPS | 143 ₹ | Industry PE | 30.8 |
📊 Analysis: JKCEMENT is trading at ₹5,700, almost aligned with its 50 DMA (₹5,705) and slightly below its 200 DMA (₹5,768), indicating neutral technical positioning. RSI at 52.7 suggests balanced momentum, while MACD at -29.9 reflects bearish undertone. Current volume (44,949) is significantly lower than the 1-week average (1,07,369), showing weak intraday participation. Fundamentals remain solid with ROE 14.6% and ROCE 14.5%, but high P/E (40.1 vs industry 30.8) and PEG ratio (9.37) suggest overvaluation. Intraday opportunities exist for cautious traders near support levels.
💡 Optimal Buy Price: ₹5,680–₹5,700 (near support zone).
🎯 Profit-Taking Levels: ₹5,740–₹5,760 (short-term resistance).
🛡️ Stop-Loss: ₹5,650 (to protect against downside risk).
⏱️ Exit Strategy if Already Holding: Exit if price fails to sustain above ₹5,700 with weakening momentum or if volume continues to decline. If intraday rebound occurs, consider booking profits around ₹5,740–₹5,760. Avoid holding beyond resistance unless strong breakout signals appear.
✅ Positive
- Quarterly PAT growth (₹211 Cr vs ₹176 Cr) shows improving profitability.
- EPS of ₹143 reflects strong earnings capability.
- ROCE 14.5% and ROE 14.6% indicate stable efficiency.
- DII holdings increased (+0.75%), showing domestic institutional support.
- Strong book value of ₹833 provides fundamental cushion.
⚠️ Limitation
- Trading below 200 DMA, showing medium-term weakness.
- MACD negative (-29.9), signaling bearish momentum.
- High P/E (40.1) compared to industry PE (30.8), suggesting overvaluation.
- PEG ratio of 9.37 reflects poor growth relative to valuation.
- Volume lower than 1-week average, limiting intraday strength.
📉 Company Negative News
- Stock corrected from 52-week high of ₹7,566 to current ₹5,700.
- FII holdings decreased (-0.68%), showing reduced foreign investor confidence.
📈 Company Positive News
- Quarterly profit variation shows 5.47% growth YoY.
- Strong EPS and book value support long-term fundamentals.
- Domestic institutions increasing stake, showing confidence.
🏭 Industry
- Industry PE at 30.8 is lower than JKCEMENT’s PE, highlighting relative overvaluation.
- Cement sector remains cyclical but benefits from infrastructure demand.
🔎 Conclusion
JKCEMENT shows solid fundamentals but weak technicals in the short term. 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 better suited for tactical trades rather than aggressive intraday positions.