NEWGEN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 2.7
| Stock Code | NEWGEN | Market Cap | 8,062 Cr. | Current Price | 567 ₹ | High / Low | 1,379 ₹ |
| Stock P/E | 26.3 | Book Value | 103 ₹ | Dividend Yield | 0.88 % | ROCE | 27.8 % |
| ROE | 22.4 % | Face Value | 10.0 ₹ | DMA 50 | 758 ₹ | DMA 200 | 908 ₹ |
| Chg in FII Hold | -0.28 % | Chg in DII Hold | 0.10 % | PAT Qtr | 79.8 Cr. | PAT Prev Qtr | 76.7 Cr. |
| RSI | 18.0 | MACD | -71.2 | Volume | 6,52,329 | Avg Vol 1Wk | 5,05,658 |
| Low price | 544 ₹ | High price | 1,379 ₹ | PEG Ratio | 1.16 | Debt to equity | 0.03 |
| 52w Index | 2.74 % | Qtr Profit Var | -4.72 % | EPS | 20.0 ₹ | Industry PE | 25.1 |
📊 Analysis: NEWGEN shows weak intraday potential. Current price (567 ₹) is far below both 50 DMA (758 ₹) and 200 DMA (908 ₹), confirming strong short-term weakness. RSI at 18.0 indicates oversold conditions, but MACD (-71.2) confirms heavy bearish momentum. Volume (6.52L) is above average (5.05L), showing active participation, but price action remains pressured near support levels.
💰 Optimal Buy Price: 560 ₹ – 570 ₹ (speculative entry near support)
📈 Profit-Taking Levels: 585 ₹ – 600 ₹
📉 Stop-Loss / Loss Protection: 550 ₹
⏱️ If Already Holding: Exit intraday if price fails to hold above 560 ₹ or if RSI dips below 17. Consider booking profits quickly if price approaches 585–600 ₹ with weakening momentum or reversal signals.
Positive
- Strong ROCE (27.8%) and ROE (22.4%) indicate operational efficiency.
- EPS of 20.0 ₹ provides a solid earnings base.
- Debt-to-equity ratio of 0.03 indicates near debt-free status.
- Dividend yield of 0.88% offers shareholder return.
- Volume above average shows active trader interest.
Limitation
- Stock trading well below both DMA 50 and DMA 200, confirming bearish trend.
- RSI at 18.0 indicates oversold but also signals weakness.
- MACD strongly negative (-71.2), confirming bearish momentum.
- 52-week index at 2.74% shows very weak recovery from highs.
Company Negative News
- Quarterly profit variation (-4.72%) highlights earnings pressure.
- FII holdings decreased (-0.28%), showing reduced foreign investor confidence.
Company Positive News
- PAT improved slightly (79.8 Cr. vs 76.7 Cr.), showing resilience despite weakness.
- DII holdings increased (+0.10%), reflecting limited domestic institutional support.
Industry
- Industry P/E at 25.1 is close to NEWGEN’s (26.3), suggesting fair valuation relative to peers.
- Technology and enterprise software sector remains in demand, though valuations are sensitive to growth outlook.
Conclusion
⚖️ NEWGEN is a weak candidate for intraday trading today. Fundamentals show efficiency and debt-free strength, but technical indicators highlight strong bearish momentum and weak recovery. Best suited only for speculative scalps near support with tight stop-loss discipline and quick profit booking around 585–600 ₹.
Would you like me to also prepare a workflow-ready HTML template with peer benchmarking overlays (e.g., comparing NEWGEN with Infosys, TCS, and Persistent Systems) so you can integrate sector-relative strength into your intraday reports?