NESTLEIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | NESTLEIND | Market Cap | 2,32,024 Cr. | Current Price | 1,203 ₹ | High / Low | 1,340 ₹ |
| Stock P/E | 73.0 | Book Value | 23.7 ₹ | Dividend Yield | 1.12 % | ROCE | 95.7 % |
| ROE | 83.0 % | Face Value | 1.00 ₹ | DMA 50 | 1,268 ₹ | DMA 200 | 1,240 ₹ |
| Chg in FII Hold | -0.01 % | Chg in DII Hold | 0.35 % | PAT Qtr | 881 Cr. | PAT Prev Qtr | 753 Cr. |
| RSI | 32.0 | MACD | -23.8 | Volume | 12,07,910 | Avg Vol 1Wk | 14,27,033 |
| Low price | 1,074 ₹ | High price | 1,340 ₹ | PEG Ratio | 6.90 | Debt to equity | 0.10 |
| 52w Index | 48.3 % | Qtr Profit Var | 26.6 % | EPS | 17.2 ₹ | Industry PE | 49.4 |
📊 Analysis: NESTLEIND is trading at ₹1,203, below both its 50 DMA (₹1,268) and 200 DMA (₹1,240), reflecting short-term weakness. RSI at 32.0 indicates oversold conditions, while MACD (-23.8) confirms bearish bias. Intraday volume (12.0 lakh) is lower than the 1-week average (14.2 lakh), suggesting reduced participation. Fundamentals are strong with ROE 83.0% and ROCE 95.7%, but valuation is stretched with P/E 73.0 vs industry 49.4. EPS of ₹17.2 supports earnings, and PAT improved from ₹753 Cr. to ₹881 Cr. (+26.6%).
💰 Optimal Buy Price: Intraday entry may be considered near ₹1,195–1,205 if momentum stabilizes.
🎯 Exit Levels:
- Profit-taking: ₹1,220 – ₹1,230 (near-term resistance)
- Stop-loss: ₹1,185 (below intraday support)
⏱️ If Already Holding: Exit should be considered if price fails to hold above ₹1,195 or if RSI weakens further below 30 intraday. Watch for volume spikes near ₹1,220–1,230 to book profits.
Positive
- Exceptional ROCE (95.7%) and ROE (83.0%) indicate strong efficiency.
- Quarterly PAT improved from ₹753 Cr. to ₹881 Cr. (+26.6%).
- DII holding increased (+0.35%), showing domestic institutional support.
- Dividend yield at 1.12% provides steady investor returns.
Limitation
- High P/E (73.0) compared to industry average (49.4).
- Trading below both 50 DMA and 200 DMA reflects bearish sentiment.
- Book value (₹23.7) is far below current price, indicating premium valuation.
Company Negative News
- FII holding decreased (-0.01%), showing reduced foreign investor confidence.
- RSI at 32.0 indicates oversold conditions, limiting short-term strength.
Company Positive News
- Quarterly profit growth (+26.6%) shows earnings momentum.
- 52-week index return of 48.3% reflects investor confidence.
Industry
- Industry PE at 49.4 is lower, making NESTLEIND relatively expensive compared to peers.
- FMCG sector benefits from defensive demand and consistent consumption trends.
Conclusion
⚖️ NESTLEIND shows weak short-term momentum with RSI oversold and MACD negative, but strong fundamentals support long-term stability. Intraday traders may consider entries near ₹1,195–1,205 with profit targets around ₹1,220–1,230. A tight stop-loss at ₹1,185 is recommended. Conservative traders should wait for confirmation above ₹1,230 before fresh entries.
Would you like me to extend this into a peer benchmarking overlay comparing NESTLEIND with HUL, Britannia, and Dabur to highlight relative intraday strength and sector rotation opportunities within the FMCG sector?