KNRCON - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.9
| Stock Code | KNRCON | Market Cap | 4,019 Cr. | Current Price | 143 ₹ | High / Low | 328 ₹ |
| Stock P/E | 11.9 | Book Value | 143 ₹ | Dividend Yield | 0.17 % | ROCE | 27.4 % |
| ROE | 20.5 % | Face Value | 2.00 ₹ | DMA 50 | 160 ₹ | DMA 200 | 198 ₹ |
| Chg in FII Hold | -0.14 % | Chg in DII Hold | -1.49 % | PAT Qtr | 27.9 Cr. | PAT Prev Qtr | 51.3 Cr. |
| RSI | 37.0 | MACD | -4.47 | Volume | 11,34,907 | Avg Vol 1Wk | 11,01,386 |
| Low price | 140 ₹ | High price | 328 ₹ | PEG Ratio | 0.46 | Debt to equity | 0.02 |
| 52w Index | 1.72 % | Qtr Profit Var | -91.9 % | EPS | 12.0 ₹ | Industry PE | 17.6 |
📊 Analysis: KNRCON shows weak technical momentum for intraday trading. The current price (₹143) is below both the 50 DMA (₹160) and 200 DMA (₹198), indicating bearish bias. RSI at 37.0 suggests weak momentum, while MACD at -4.47 confirms negative crossover. Volume is slightly above the weekly average, supporting intraday liquidity. Fundamentals show efficiency ratios are strong, but sharp profit decline and weak sentiment limit upside potential.
💰 Optimal Buy Price: Around ₹140–₹143 (near current support zone).
📈 Profit-Taking Levels: ₹150–₹155 (short-term resistance).
📉 Stop-Loss / Exit: ₹138 (below immediate support).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above ₹142 or RSI drops below 36. Profit booking can be done near ₹150–₹155 if momentum indicators show recovery and volume remains steady.
Positive ✅
- 📈 EPS of 12.0 ₹ provides earnings base.
- 📊 ROCE (27.4%) and ROE (20.5%) show strong operational efficiency.
- 📉 Debt-to-equity ratio at 0.02 indicates very low leverage risk.
- 📊 P/E of 11.9 is lower than industry average of 17.6, suggesting undervaluation.
Limitation ⚠️
- 📉 Current price trading below both 50 DMA and 200 DMA, showing weak technicals.
- 📊 RSI at 37.0 indicates weak momentum.
- 📉 Dividend yield at 0.17% is negligible.
Company Negative News 🚫
- 📉 Quarterly PAT declined to 27.9 Cr. from 51.3 Cr.
- 📊 Quarterly profit variation shows -91.9% decline.
- 📉 FII holding decreased by 0.14% and DII holding decreased by 1.49%, showing reduced institutional confidence.
Company Positive News 🌟
- 📈 Strong efficiency ratios (ROCE and ROE) despite profit decline.
- 📊 Trading volume slightly above weekly average supports intraday moves.
Industry 🏗️
- 📊 Industry PE at 17.6, suggesting sector is moderately valued compared to KNRCON’s lower P/E.
- 📈 Infrastructure and construction sector demand outlook remains steady with government project push.
Conclusion 📌
KNRCON is a weak intraday candidate due to bearish technicals and sharp profit decline. Buy only near ₹140–₹143 with cautious exit around ₹150–₹155. Maintain strict stop-loss at ₹138. Intraday traders should remain conservative, as momentum indicators and fundamentals do not strongly support aggressive positions.