OFSS - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.4
| Stock Code | OFSS | Market Cap | 57,393 Cr. | Current Price | 6,601 ₹ | High / Low | 9,950 ₹ |
| Stock P/E | 16.4 | Book Value | 732 ₹ | Dividend Yield | 4.02 % | ROCE | 62.5 % |
| ROE | 48.8 % | Face Value | 5.00 ₹ | DMA 50 | 7,103 ₹ | DMA 200 | 8,024 ₹ |
| Chg in FII Hold | -0.30 % | Chg in DII Hold | 0.37 % | PAT Qtr | 614 Cr. | PAT Prev Qtr | 463 Cr. |
| RSI | 42.3 | MACD | -186 | Volume | 3,35,703 | Avg Vol 1Wk | 1,63,343 |
| Low price | 6,232 ₹ | High price | 9,950 ₹ | PEG Ratio | 0.72 | Debt to equity | 0.00 |
| 52w Index | 9.92 % | Qtr Profit Var | 27.3 % | EPS | 403 ₹ | Industry PE | 36.5 |
⚡ Analysis: OFSS has strong fundamentals with ROCE (62.5%) and ROE (48.8%), supported by a healthy EPS (403 ₹) and attractive dividend yield (4.02%). Valuation is reasonable with a P/E of 16.4 compared to industry PE of 36.5, and PEG ratio (0.72) suggests growth at fair value. However, intraday momentum is weak: RSI (42.3) is neutral-to-weak and MACD (-186) is bearish. Current price (6,601 ₹) is below both 50 DMA (7,103 ₹) and 200 DMA (8,024 ₹), reflecting technical weakness. Volume today is higher than average, offering liquidity for intraday trades.
💹 Optimal Buy Price: 6,580 ₹ – 6,610 ₹ (near support zone)
🎯 Profit-Taking Levels: 6,680 ₹ – 6,750 ₹ (short-term resistance)
🛡️ Stop-Loss: 6,540 ₹ (below intraday support)
📈 If Already Holding: Exit intraday if price fails to sustain above 6,620 ₹ or if MACD continues weakening. Book profits near 6,700 ₹ – 6,750 ₹ or cut losses if price slips under 6,550 ₹.
Positive
- 📊 Strong ROCE (62.5%) and ROE (48.8%) indicate excellent efficiency.
- 📈 EPS (403 ₹) and dividend yield (4.02%) support investor confidence.
- 💡 Valuation attractive with P/E (16.4) below industry average (36.5).
- 📈 Quarterly PAT improved to 614 Cr. from 463 Cr.
Limitation
- ⚠️ RSI (42.3) and MACD (-186) show weak momentum.
- 📉 Price below both 50 DMA and 200 DMA, reflecting technical weakness.
- ⏳ FII holdings decreased (-0.30%), showing reduced foreign interest.
Company Negative News
- ❌ FII stake reduced, indicating cautious foreign sentiment.
- 📉 Price correction from 9,950 ₹ high to current 6,601 ₹.
Company Positive News
- ✅ PAT growth (+27.3%) quarter-on-quarter.
- 💡 DII holdings increased (+0.37%), showing domestic confidence.
- 📊 Strong dividend yield supports long-term investors.
Industry
- 🏭 Industry PE is 36.5, while OFSS trades at 16.4, suggesting undervaluation.
- 📊 IT/financial software sector sentiment remains stable, supporting long-term outlook.
Conclusion
⚖️ OFSS is a moderately strong intraday candidate with excellent fundamentals and undervaluation. However, weak momentum indicators and price below key DMAs limit upside potential. Suitable for disciplined intraday trades with strict stop-loss and profit booking near resistance levels.
Would you like me to build a peer benchmarking overlay comparing OFSS with other IT/financial software stocks (like Infosys, TCS, and Oracle peers) to highlight whether intraday opportunities are stronger elsewhere in the sector?