NEWGEN - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.9
| Stock Code | NEWGEN | Market Cap | 7,198 Cr. | Current Price | 506 ₹ | High / Low | 1,379 ₹ |
| Stock P/E | 22.7 | Book Value | 115 ₹ | Dividend Yield | 0.99 % | ROCE | 26.2 % |
| ROE | 20.8 % | Face Value | 10.0 ₹ | DMA 50 | 500 ₹ | DMA 200 | 721 ₹ |
| Chg in FII Hold | -2.86 % | Chg in DII Hold | -0.83 % | PAT Qtr | 110 Cr. | PAT Prev Qtr | 79.8 Cr. |
| RSI | 60.6 | MACD | 5.39 | Volume | 1,36,34,608 | Avg Vol 1Wk | 49,58,684 |
| Low price | 401 ₹ | High price | 1,379 ₹ | PEG Ratio | 0.95 | Debt to equity | 0.02 |
| 52w Index | 10.7 % | Qtr Profit Var | 8.13 % | EPS | 20.0 ₹ | Industry PE | 21.6 |
📊 Analysis: NEWGEN shows moderate intraday potential. Current price (₹506) is slightly above DMA 50 (₹500) but well below DMA 200 (₹721), reflecting short-term support but medium-term weakness. RSI at 60.6 indicates healthy momentum, while MACD (5.39) supports bullish bias. Volume (1.36 Cr) is significantly higher than the 1-week average (0.49 Cr), showing strong participation. PAT improved (₹79.8 Cr → ₹110 Cr), supporting earnings resilience. Valuation remains fair with P/E (22.7) close to industry average (21.6), though institutional outflows raise caution.
💹 Optimal Buy Price: ₹502–507 if sustained above VWAP with strong volume.
🎯 Profit Exit Levels: ₹520 (near resistance) and ₹540–550 (short-term breakout zone).
🛑 Stop-Loss: ₹490 (below intraday support).
⏱️ If Already Holding: Consider booking profits near ₹520–550 if RSI approaches 65 or momentum slows. Exit if price breaks below ₹490 with strong selling pressure.
Positive
- Strong ROE (20.8%) and ROCE (26.2%) highlight efficiency.
- EPS of ₹20.0 supports valuation comfort.
- PEG ratio (0.95) indicates fair growth-adjusted valuation.
- Dividend yield of 0.99% adds investor stability.
- High trading volume reflects strong intraday interest.
Limitation
- Price trading below DMA 200 (₹721) shows medium-term weakness.
- Institutional outflows (FII -2.86%, DII -0.83%) weaken sentiment.
- 52-week index at 10.7% indicates underperformance relative to peers.
Company Negative News
- Institutional selling pressure from both FII and DII.
- Medium-term technical weakness below DMA 200.
Company Positive News
- PAT growth (+8.13%) highlights earnings improvement.
- Strong fundamentals with high ROE and ROCE.
- Fair valuation compared to industry peers.
Industry
- Industry P/E at 21.6 is close to NEWGEN’s 22.7, suggesting fair valuation.
- IT/software sector remains growth-driven but cyclical with earnings volatility.
Conclusion
⚖️ NEWGEN offers moderate intraday trading potential with strong fundamentals and high volume participation but faces medium-term technical weakness and institutional outflows. Suitable for trades above ₹502 with profit targets near ₹520–550 and strict stop-loss at ₹490.