PETRONET - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | PETRONET | Market Cap | 43,687 Cr. | Current Price | 291 ₹ | High / Low | 326 ₹ |
| Stock P/E | 12.2 | Book Value | 137 ₹ | Dividend Yield | 3.43 % | ROCE | 26.2 % |
| ROE | 21.4 % | Face Value | 10.0 ₹ | DMA 50 | 292 ₹ | DMA 200 | 290 ₹ |
| Chg in FII Hold | -1.73 % | Chg in DII Hold | 1.80 % | PAT Qtr | 848 Cr. | PAT Prev Qtr | 806 Cr. |
| RSI | 48.7 | MACD | -2.20 | Volume | 35,81,817 | Avg Vol 1Wk | 44,62,738 |
| Low price | 264 ₹ | High price | 326 ₹ | PEG Ratio | 2.37 | Debt to equity | 0.12 |
| 52w Index | 44.1 % | Qtr Profit Var | -2.16 % | EPS | 23.8 ₹ | Industry PE | 14.4 |
📊 Analysis: PETRONET trades at ₹291, aligned with both 50 DMA (₹292) and 200 DMA (₹290), showing consolidation near support. RSI at 48.7 and MACD negative (-2.20) suggest sideways momentum with mild weakness. Volume is below weekly average, reducing intraday conviction. Fundamentals are strong with ROCE 26.2%, ROE 21.4%, and dividend yield 3.43%. Intraday bias is neutral-to-slightly bullish, but upside may be capped.
💡 Optimal Buy Price: ₹288–291 if price sustains above 200 DMA.
🎯 Profit Exit Levels: ₹298 (first target), ₹305 (second target).
🛡️ Stop-Loss: ₹284 (below intraday support).
⏱️ If Already Holding: Exit near ₹298–305 if momentum weakens. If price breaks below ₹284 with volume spike, cut position immediately.
✅ Positive
- Strong ROCE (26.2%) and ROE (21.4%).
- Dividend yield at 3.43% adds investor appeal.
- EPS at ₹23.8 shows solid earnings base.
- DII holdings increased (+1.80%).
- Stock trading above 200 DMA, showing long-term strength.
⚠️ Limitation
- Quarterly PAT declined slightly (-2.16%).
- MACD negative (-2.20), momentum weak.
- Volume below weekly average, reducing intraday conviction.
📉 Company Negative News
- FII holdings decreased (-1.73%).
- Minor quarterly profit decline may weigh on sentiment.
📈 Company Positive News
- Dividend yield at 3.43% supports investor interest.
- DII inflows (+1.80%) show domestic support.
- Stable debt-to-equity ratio (0.12), strong balance sheet.
🏭 Industry
- Industry P/E at 14.4, PETRONET trades at 12.2, showing undervaluation.
- Energy sector demand remains strong, but cyclical with LNG price volatility.
🔎 Conclusion
PETRONET is a moderate-risk intraday candidate. Momentum indicators suggest consolidation, but strong fundamentals and DII inflows support stability. Best approach: buy near ₹288–291, exit at ₹298–305, and protect downside with stop-loss at ₹284.
Would you like me to prepare a peer benchmarking overlay with ONGC, OIL, and GAIL so you can see how PETRONET’s intraday strength compares across the broader energy/LNG sector? This will highlight whether PETRONET is leading or lagging relative to its peers.