NUVOCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | NUVOCO | Market Cap | 10,829 Cr. | Current Price | 303 ₹ | High / Low | 478 ₹ |
| Stock P/E | 36.6 | Book Value | 260 ₹ | Dividend Yield | 0.00 % | ROCE | 3.26 % |
| ROE | 0.43 % | Face Value | 10.0 ₹ | DMA 50 | 329 ₹ | DMA 200 | 360 ₹ |
| Chg in FII Hold | -0.19 % | Chg in DII Hold | 0.00 % | PAT Qtr | 56.2 Cr. | PAT Prev Qtr | 32.5 Cr. |
| RSI | 42.9 | MACD | -13.0 | Volume | 2,94,420 | Avg Vol 1Wk | 2,57,225 |
| Low price | 280 ₹ | High price | 478 ₹ | PEG Ratio | -4.04 | Debt to equity | 0.49 |
| 52w Index | 11.6 % | Qtr Profit Var | 227 % | EPS | 8.27 ₹ | Industry PE | 28.2 |
📊 Analysis: NUVOCO shows weak momentum with RSI at 42.9 and MACD negative (-13.0). Current price (₹303) is below both 50 DMA (₹329) and 200 DMA (₹360), indicating bearish bias. However, volume is slightly above average, suggesting intraday activity. Profit growth is strong (227% QoQ), but ROE and ROCE remain poor. Intraday setup is moderately risky.
💡 Optimal Buy Price: Around ₹298–302 if momentum stabilizes near support.
🎯 Profit Exit Levels: ₹312 (first target), ₹318 (second target).
🛡️ Stop-Loss: ₹294 (below intraday support).
⏱️ If Already Holding: Exit near ₹312–318 if momentum weakens. If price falls below ₹294 with volume spike, cut position immediately.
✅ Positive
- Strong quarterly profit growth (+227%).
- EPS at ₹8.27 shows earnings improvement.
- Volume above weekly average, indicating trader interest.
⚠️ Limitation
- Low ROE (0.43%) and ROCE (3.26%) reflect poor capital efficiency.
- Stock trades below key moving averages (50 & 200 DMA).
- High P/E (36.6) compared to industry average (28.2).
📉 Company Negative News
- No dividend yield, reducing investor appeal.
- FII holding decreased (-0.19%).
📈 Company Positive News
- Quarterly PAT improved from ₹32.5 Cr. to ₹56.2 Cr.
- Debt-to-equity ratio at 0.49, manageable leverage.
🏭 Industry
- Industry P/E at 28.2, lower than NUVOCO’s valuation.
- Cement sector demand remains cyclical, tied to infrastructure growth.
🔎 Conclusion
NUVOCO is a moderate-risk intraday candidate. Momentum indicators suggest caution, but profit growth supports short-term trading interest. Best approach: buy near support (₹298–302), exit at ₹312–318, and protect downside with stop-loss at ₹294.
Would you like me to also prepare a basket overlay with peer benchmarking (other cement sector stocks like Ultratech, Shree Cement, ACC) so you can compare intraday strength across the sector? That way, you’ll see if NUVOCO is lagging or leading relative to its peers.