OLECTRA - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.6
| Stock Code | OLECTRA | Market Cap | 8,687 Cr. | Current Price | 1,058 ₹ | High / Low | 1,714 ₹ |
| Stock P/E | 59.2 | Book Value | 137 ₹ | Dividend Yield | 0.04 % | ROCE | 21.0 % |
| ROE | 14.2 % | Face Value | 4.00 ₹ | DMA 50 | 1,032 ₹ | DMA 200 | 1,229 ₹ |
| Chg in FII Hold | -0.14 % | Chg in DII Hold | 0.13 % | PAT Qtr | 47.1 Cr. | PAT Prev Qtr | 52.8 Cr. |
| RSI | 60.8 | MACD | -29.6 | Volume | 91,94,987 | Avg Vol 1Wk | 21,57,002 |
| Low price | 867 ₹ | High price | 1,714 ₹ | PEG Ratio | 1.07 | Debt to equity | 0.28 |
| 52w Index | 22.6 % | Qtr Profit Var | 1.75 % | EPS | 17.9 ₹ | Industry PE | 29.0 |
⚡ Analysis: OLECTRA shows relatively strong fundamentals with ROCE (21%) and ROE (14.2%). EPS (17.9 ₹) is positive, and the PEG ratio (1.07) suggests fair valuation. Intraday momentum is mixed: RSI (60.8) indicates moderate strength, but MACD (-29.6) is negative. Current price (1,058 ₹) is above 50 DMA (1,032 ₹) but below 200 DMA (1,229 ₹), reflecting short-term support but long-term caution. Volume today is significantly higher than average, indicating strong intraday liquidity.
💹 Optimal Buy Price: 1,045 ₹ – 1,055 ₹ (near support zone)
🎯 Profit-Taking Levels: 1,085 ₹ – 1,110 ₹ (short-term resistance)
🛡️ Stop-Loss: 1,025 ₹ (below intraday support)
📈 If Already Holding: Consider exiting intraday if price fails to sustain above 1,060 ₹ or if volume momentum weakens. Book profits near 1,100 ₹ or cut losses if price slips under 1,030 ₹.
Positive
- 📊 Strong ROCE (21%) and ROE (14.2%) indicate efficient capital use.
- 📈 EPS (17.9 ₹) and PEG ratio (1.07) support fair valuation.
- 💡 High trading volume today ensures liquidity for intraday trades.
Limitation
- ⚠️ High P/E (59.2) compared to industry PE (29.0), suggesting overvaluation risk.
- 📉 MACD (-29.6) shows negative momentum despite RSI strength.
- ⏳ Price below 200 DMA (1,229 ₹), reflecting long-term weakness.
Company Negative News
- ❌ Quarterly PAT declined from 52.8 Cr. to 47.1 Cr.
- 📉 FII holdings decreased (-0.14%), showing reduced foreign interest.
Company Positive News
- ✅ DII holdings increased (+0.13%), showing domestic institutional support.
- 💡 Stable quarterly profit variation (+1.75%) despite slight decline.
Industry
- 🏭 Industry PE is 29.0, while OLECTRA trades at a premium (59.2).
- 📊 EV/auto-tech sector sentiment remains positive, supporting speculative interest.
Conclusion
⚖️ OLECTRA is a moderately strong intraday candidate with good fundamentals and liquidity. However, high valuation and negative MACD warrant caution. Suitable for short-term trades with strict stop-loss discipline and profit booking near resistance levels.
Would you like me to prepare a sector basket overlay with peer benchmarking (e.g., OLAELEC, TATA Motors EV, Ashok Leyland EV) so you can compare intraday setups across the EV/auto-tech space? This will highlight whether OLECTRA offers the best momentum today or if peers show stronger signals.