OLECTRA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | OLECTRA | Market Cap | 10,096 Cr. | Current Price | 1,230 ₹ | High / Low | 1,714 ₹ |
| Stock P/E | 68.9 | Book Value | 137 ₹ | Dividend Yield | 0.03 % | ROCE | 21.0 % |
| ROE | 14.2 % | Face Value | 4.00 ₹ | DMA 50 | 1,185 ₹ | DMA 200 | 1,216 ₹ |
| Chg in FII Hold | 0.21 % | Chg in DII Hold | -0.14 % | PAT Qtr | 47.1 Cr. | PAT Prev Qtr | 52.8 Cr. |
| RSI | 51.5 | MACD | 10.6 | Volume | 3,22,212 | Avg Vol 1Wk | 3,36,300 |
| Low price | 867 ₹ | High price | 1,714 ₹ | PEG Ratio | 1.24 | Debt to equity | 0.28 |
| 52w Index | 42.9 % | Qtr Profit Var | 1.75 % | EPS | 17.9 ₹ | Industry PE | 28.6 |
📊 Optimal Buy Price (Intraday): ₹1,220–1,230 (near 50 DMA support at ₹1,185 with momentum confirmation)
🎯 Profit-Taking Levels: ₹1,260–1,280 (short-term resistance zone near 200 DMA at ₹1,216)
🛡️ Stop-Loss / Loss Protection: ₹1,200–1,205 (below intraday support zone)
⏱️ Exit Strategy (If Already Holding): Exit if price fails to sustain above ₹1,205 with weakening volume, or book profits if RSI approaches 56–58 and momentum flattens. Extend trades only if breakout above ₹1,280 occurs with strong intraday volume.
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### Positive
- ROCE (21.0%) and ROE (14.2%) indicate strong efficiency.
- EPS at ₹17.9 supports profitability despite high valuation.
- RSI at 51.5 and MACD positive (10.6) suggest bullish momentum.
- Current price (₹1,230) trading above both 50 DMA (₹1,185) and 200 DMA (₹1,216), showing strength.
- Debt-to-equity at 0.28 remains manageable.
### Limitation
- PAT declined sequentially (₹52.8 Cr. → ₹47.1 Cr.), showing weaker earnings.
- Valuation stretched with P/E (68.9) above industry average (28.6).
- Dividend yield at 0.03% is negligible.
- Volume (3.22 lakh) slightly below weekly average (3.36 lakh), limiting liquidity.
### Company Negative News
- DII holding decreased (-0.14%), showing reduced domestic institutional support.
- PAT decline indicates short-term earnings pressure.
### Company Positive News
- FII holding increased (+0.21%), showing foreign investor confidence.
- EPS remains strong despite valuation premium.
### Industry
- EV and bus manufacturing industry PE at 28.6, lower than OLECTRA’s, suggesting sector optimism but company-specific premium valuation.
- Government push for EV adoption supports industry growth.
### Conclusion
OLECTRA is a strong candidate for intraday trading with clear bullish signals. High efficiency ratios, strong momentum indicators, and sector tailwinds support upside potential. However, expensive valuation and recent earnings decline suggest caution. Best strategy: Buy near ₹1,220–1,230, book profits around ₹1,260–1,280, and protect downside with a stop-loss at ₹1,205.
Would you like me to extend this into a swing trade HTML overlay with sector benchmarking against peers like JBM Auto, Ashok Leyland EV, and Tata Motors EV for multi-session positioning?