KEC - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | KEC | Market Cap | 16,366 Cr. | Current Price | 616 ₹ | High / Low | 947 ₹ |
| Stock P/E | 42.8 | Book Value | 194 ₹ | Dividend Yield | 0.89 % | ROCE | 14.6 % |
| ROE | 7.00 % | Face Value | 2.00 ₹ | DMA 50 | 699 ₹ | DMA 200 | 781 ₹ |
| Chg in FII Hold | -4.17 % | Chg in DII Hold | 2.93 % | PAT Qtr | 78.7 Cr. | PAT Prev Qtr | 106 Cr. |
| RSI | 35.0 | MACD | -23.5 | Volume | 14,34,185 | Avg Vol 1Wk | 9,54,862 |
| Low price | 604 ₹ | High price | 947 ₹ | PEG Ratio | -2.76 | Debt to equity | 0.90 |
| 52w Index | 3.46 % | Qtr Profit Var | 8.00 % | EPS | 12.9 ₹ | Industry PE | 17.1 |
📊 Analysis: KEC is trading at 616 ₹, well below its 50 DMA (699 ₹) and 200 DMA (781 ₹), indicating strong bearish sentiment. RSI at 35.0 suggests the stock is approaching oversold territory, but MACD at -23.5 confirms continued downward momentum. Current volume (14.3L) is higher than average weekly volume (9.5L), showing active intraday participation, but largely on the sell side. The stock is near its lower range (604 ₹), which may act as support but signals caution for intraday trades.
💡 Optimal Buy Price: Around 610–616 ₹ only if price sustains above 608 ₹ support.
🎯 Profit Exit Levels: 628 ₹ (first resistance), 640 ₹ (secondary resistance).
🛡️ Stop-Loss: 602 ₹ (below intraday support).
⏱️ If Already Holding: Consider exiting near 628–635 ₹ if momentum weakens. If price breaks below 602 ₹ with strong volume, exit immediately to protect capital. Watch for RSI recovery above 40 and MACD flattening as signs of reversal strength.
Positive
- Dividend yield of 0.89% provides modest shareholder returns.
- DII holding increased (+2.93%), showing domestic institutional support.
- Quarterly profit variation (+8%) shows earnings improvement.
Limitation
- Trading well below both 50 DMA and 200 DMA shows bearish trend.
- MACD negative (-23.5), confirming weak momentum.
- High debt-to-equity ratio (0.90) raises leverage concerns.
- ROE (7%) and ROCE (14.6%) are relatively weak compared to peers.
- P/E (42.8) is significantly higher than industry PE (17.1), suggesting overvaluation.
Company Negative News
- Decline in FII holding (-4.17%) signals reduced foreign investor confidence.
- PAT dropped from 106 Cr to 78.7 Cr, showing earnings pressure.
Company Positive News
- DII holding increased (+2.93%), showing strong domestic institutional support.
- EPS of 12.9 ₹ supports valuation strength despite weak fundamentals.
Industry
- Industry PE at 17.1 is much lower than KEC’s 42.8, suggesting sector peers are cheaper.
- 52-week index gain of 3.46% reflects modest sector performance.
Conclusion
⚖️ KEC shows weak intraday potential due to bearish technicals, high leverage, and declining earnings. While strong DII support provides some cushion, trades should be cautious with tight stop-losses. Quick exits near resistance levels are recommended unless momentum indicators confirm reversal strength.