PAGEIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.5
| Stock Code | PAGEIND | Market Cap | 35,259 Cr. | Current Price | 31,600 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 45.5 | Book Value | 1,263 ₹ | Dividend Yield | 2.85 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 33,188 ₹ | DMA 200 | 38,295 ₹ |
| Chg in FII Hold | -2.49 % | Chg in DII Hold | 2.26 % | PAT Qtr | 215 Cr. | PAT Prev Qtr | 195 Cr. |
| RSI | 46.8 | MACD | -754 | Volume | 18,119 | Avg Vol 1Wk | 18,254 |
| Low price | 29,800 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.23 | Debt to equity | 0.19 |
| 52w Index | 8.66 % | Qtr Profit Var | 5.20 % | EPS | 672 ₹ | Industry PE | 21.2 |
⚡ Analysis: PAGEIND has strong fundamentals with ROCE (59.4%) and ROE (48.5%), supported by a healthy EPS (672 ₹) and attractive dividend yield (2.85%). Valuation is stretched with a P/E of 45.5 compared to industry PE of 21.2, and PEG ratio (4.23) indicates overvaluation. Quarterly PAT improved (215 Cr. vs 195 Cr.), showing operational growth. Intraday momentum is weak: RSI (46.8) is neutral-to-weak and MACD (-754) is bearish. Current price (31,600 ₹) is below both 50 DMA (33,188 ₹) and 200 DMA (38,295 ₹), reflecting technical weakness. Volume is stable but not strong, limiting intraday momentum.
💹 Optimal Buy Price: 31,400 ₹ – 31,600 ₹ (near support zone)
🎯 Profit-Taking Levels: 31,900 ₹ – 32,200 ₹ (short-term resistance)
🛡️ Stop-Loss: 31,200 ₹ (below intraday support)
📈 If Already Holding: Exit intraday if price fails to sustain above 31,700 ₹ or if MACD continues weakening. Book profits near 32,000 ₹ – 32,200 ₹ or cut losses if price slips under 31,250 ₹.
Positive
- 📊 Strong ROCE (59.4%) and ROE (48.5%) indicate excellent efficiency.
- 📈 EPS (672 ₹) supports valuation strength.
- 💡 Dividend yield (2.85%) adds investor appeal.
- ✅ Quarterly PAT improved to 215 Cr. from 195 Cr.
- 📈 DII holdings increased (+2.26%), showing domestic institutional support.
Limitation
- ⚠️ High P/E (45.5) compared to industry PE (21.2), suggesting overvaluation.
- 📉 RSI (46.8) and MACD (-754) show weak momentum.
- ⏳ Price below both 50 DMA and 200 DMA, reflecting technical weakness.
Company Negative News
- ❌ FII holdings decreased (-2.49%), showing reduced foreign confidence.
- 📉 Price correction from 50,590 ₹ high to current 31,600 ₹.
Company Positive News
- ✅ PAT growth (+5.20% variation) quarter-on-quarter.
- 💡 EPS remains strong despite valuation pressure.
- 📊 DII stake increased (+2.26%), showing domestic confidence.
Industry
- 🏭 Industry PE is 21.2, while PAGEIND trades at 45.5, showing premium valuation.
- 📊 Textile/apparel sector sentiment remains stable, supporting long-term outlook.
Conclusion
⚖️ PAGEIND is a moderate intraday candidate with strong fundamentals and operational growth. However, stretched valuation, 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 extend this into a peer benchmarking overlay comparing PAGEIND with other textile/apparel peers (like Trent, Aditya Birla Fashion, or Shoppers Stop) to highlight whether intraday opportunities are stronger elsewhere in the sector?