PAGEIND - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | PAGEIND | Market Cap | 37,932 Cr. | Current Price | 34,080 ₹ | High / Low | 50,590 ₹ |
| Stock P/E | 49.6 | Book Value | 1,263 ₹ | Dividend Yield | 2.64 % | ROCE | 59.4 % |
| ROE | 48.5 % | Face Value | 10.0 ₹ | DMA 50 | 35,567 ₹ | DMA 200 | 40,318 ₹ |
| Chg in FII Hold | -2.49 % | Chg in DII Hold | 2.26 % | PAT Qtr | 195 Cr. | PAT Prev Qtr | 201 Cr. |
| RSI | 44.4 | MACD | -834 | Volume | 42,298 | Avg Vol 1Wk | 19,001 |
| Low price | 31,740 ₹ | High price | 50,590 ₹ | PEG Ratio | 4.62 | Debt to equity | 0.19 |
| 52w Index | 12.4 % | Qtr Profit Var | -0.26 % | EPS | 685 ₹ | Industry PE | 27.5 |
📊 Analysis: PAGEIND is trading at ₹34,080, below its 50 DMA (₹35,567) and 200 DMA (₹40,318), indicating short-term weakness. RSI at 44.4 suggests near oversold conditions, while MACD (-834) reflects strong bearish momentum. Volume is higher than the weekly average, showing active intraday participation. Fundamentals remain strong, but technicals point to caution for intraday trades.
💡 Optimal Buy Price: ₹33,950–34,050 (near support zone, risk-managed entry).
🎯 Profit-Taking Levels: ₹34,300–34,500 (first resistance), ₹34,800 (secondary resistance if momentum sustains).
🛡️ Stop-Loss / Loss Protection: ₹33,800 (below intraday support).
⏱️ If Already Holding: Exit near ₹34,300–34,500 if momentum stalls. If price sustains above ₹34,500 with strong volume, hold for ₹34,800. Exit immediately if price breaks below ₹33,800 with heavy selling pressure.
Positive
- Strong ROCE (59.4%) and ROE (48.5%) indicate excellent capital efficiency.
- EPS at ₹685 reflects robust earnings strength.
- Dividend yield of 2.64% adds investor appeal.
- DII holding increased (+2.26%), showing domestic institutional support.
Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak trend.
- High P/E of 49.6 compared to industry average of 27.5 suggests overvaluation.
- MACD strongly negative (-834), showing bearish undertone.
- PEG ratio at 4.62 indicates expensive growth valuation.
Company Negative News
- Quarterly PAT declined slightly to ₹195 Cr. vs ₹201 Cr. previously.
- FII holding decreased (-2.49%), showing reduced foreign investor confidence.
Company Positive News
- Strong fundamentals with high ROCE and ROE support long-term outlook.
- Dividend yield and EPS provide margin of safety for investors.
Industry
- Industry PE at 27.5, lower than PAGEIND’s valuation, suggesting premium pricing.
- Textiles and apparel sector remains cyclical but supported by brand strength and consumer demand.
Conclusion
⚖️ PAGEIND presents moderate intraday potential with strong fundamentals but weak technicals. Entry near ₹33,950–34,050 with exit around ₹34,300–34,500 is advisable. If momentum sustains, ₹34,800 is achievable. Strict stop-loss at ₹33,800 is essential to manage risk. Suitable for cautious intraday traders.